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| Big Stack |
It might be the future. There's a lot that's interesting about it. It is in a position to be, using a hot term currently, disruptive. But that can cut both ways. There are a lot of very powerful entities (thing governments) upon who's power this will impinge if it get's too big. At some point, the empires may very well strike back.
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| Yew got a spider on yo head  |
Mining is bad, don't do it. Nothing to see here... | |||
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| Member |
Crypto currency (of which Bitcoin is but a single example), and it's broader technology "blockchain," appears to be legit. Some are claiming it to be the next internet. It's a new currency technology that's just getting it's legs. A couple things to note before you go digging into this market: Bitcoin is having growing pains, making it too slow and expensive for smaller transactions. There is an disagreement among the powers that be on how to resolve this issue. Apparently, that should all be decided next month. Additionally, as the graph AKSuperDually posted above indicates, crypto currency appears to be in a bubble right now. Based on my research, I believe crypto currency is ultimately here to stay, but won't personally be buying in until after this bubble pops. | |||
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| An investment in knowledge pays the best interest |
What will be decided and by whom? There are many blockchains, Bitcoin being one of them and the crypto currency carries the BC banner of the same name. Block clearance speed & method, scaleability/security (goes hand in hand), applications, etc. affect the value. Smart contracts is one area that should drive potential value (in a given BC, such as Ethereum) and it will be interesting to see how those disrupt and add value to crowdfunding. | |||
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Member |
Where are the throwing-your-money-down-the-toilet memes now? Year V | |||
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| Move Up or Move Over |
There are several paths forward to deal with the scaling/speed issue. The miners are debating on the best path and are voting. The vote ends on 8/1. In general the days of making money via speculation are mostly over in my opinion. There may be a little money to be made in the next few weeks. I'm out at the moment sitting on some cash. Depending on what happens on 8/1 there may be some money to be made. For me, bikinis not an investment but rather a deflationary currency that is easier to deal with than gold. Dash in general is pretty interesting at the moment. Also, the BAT from the brave browser folks might end up being pretty cool. Mark | |||
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| The Ice Cream Man |
Blockchain is great and has tremendous potential for various financial transactions. | |||
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Baroque Bloke |
Re: "For me, bikinis not an investment …" Not for me either, but they're fun to look at.  Serious about crackers | |||
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| Member |
Maybe, maybe not. Time will tell. Where are the Luddite memes now? | |||
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blame canada |
Interesting development: https://www.cnet.com/news/bitc...-in-blockchain-feud/ Bitcoin splits in two amid feud Bitcoin Cash is a new strand of the cryptocurrency launching Tuesday in a "hard fork."
~~~~~~~~~~~~~~~~~~~~~~~~~ "The trouble with our Liberal friends...is not that they're ignorant, it's just that they know so much that isn't so." Ronald Reagan, 1964 ~~~~~~~~~~~~~~~~~~~~~~~~~~ "Arguing with some people is like playing chess with a pigeon. It doesn't matter how good I am at chess, the pigeon will just take a shit on the board, strut around knocking over all the pieces and act like it won.. and in some cases it will insult you at the same time." DevlDogs55, 2014  ~~~~~~~~~~~~~~~~~~~~~~~~~~ www.rikrlandvs.com | |||
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| blame canada |
http://www.businessinsider.com...-announcement-2017-8 ~~~~~~~~~~~~~~~~~~~~~~~~~ "The trouble with our Liberal friends...is not that they're ignorant, it's just that they know so much that isn't so." Ronald Reagan, 1964 ~~~~~~~~~~~~~~~~~~~~~~~~~~ "Arguing with some people is like playing chess with a pigeon. It doesn't matter how good I am at chess, the pigeon will just take a shit on the board, strut around knocking over all the pieces and act like it won.. and in some cases it will insult you at the same time." DevlDogs55, 2014 ~~~~~~~~~~~~~~~~~~~~~~~~~~ www.rikrlandvs.com | |||
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