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01-03-2018, 04:19 PM | #1111 | |
Sapere Aude
Join Date: Jun 2001
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I don't think so man. I'm not saying that there isn't potential for things to collapse. I expect Bitcoin to collapse. Ripple, on the other hand, exists because of the value it offers banks. The protocol behind the coin has more value than the coin, saving the banks money and time. The same will be said for other cryptos when they start becoming integral parts of business operations. There will be an equilibrium achieved because when the coin goes down in price, it will only be more profitable for the businesses using them as part of their supply chain. Blockchain technology isn't going away, and neither will many of the coins that it supports. |
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Posts: 78,983
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01-03-2018, 04:21 PM | #1112 |
Sapere Aude
Join Date: Jun 2001
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One more thing... Royal Bank of Canada sees the cryptospace reaching maturity at $10 Trillion dollars. Who knows how long that will take, but I would plan on getting in now and holding until it starts nearing maturity. There's a lot of early retirements that could happen if things go like this.
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Posts: 78,983
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01-03-2018, 04:27 PM | #1113 |
Supporter
Join Date: Aug 2000
Location: Utopia
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Let's say a guy has come into $1k in "fun money"...and is considering options to invest it in either CC or stocks.
Is there a consensus as to a solid plan with a legit chance(understood risk) to split that small of an investment? Does one put say, $500 into litecoin or E and then split the other half with ripple or take a stab at some of the low end sucker bets? |
Posts: 61,979
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01-03-2018, 04:30 PM | #1114 | |
Andy Reid Supporter
Join Date: Apr 2012
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Really hope this coin can get to $100 some day. |
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Posts: 47,716
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01-03-2018, 04:38 PM | #1115 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
Last 30 days: NUGS up 5915% BUDZ up 486% PVOTF up 435% IMLFF up 250% I can't advise you on the Crypto as I don't follow it that close as it's jst all over the place. Welp, Jeff Sessions just killed the Marijuana boom. **** that mother ****er!!!!!!!!! Last edited by Hog's Gone Fishin; 01-04-2018 at 09:15 AM.. |
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Posts: 40,775
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01-03-2018, 04:39 PM | #1116 | |
Sapere Aude
Join Date: Jun 2001
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Quote:
$500 - Split between Ripple (XRP) & Cardano (ADA) $300 - Split between IOTA (IOTA) and Stellar Lumens (XLM) $150 - Split between XVG and TRON $50 - Put it all in ReddCoin RDD I'd be confident that a portfolio like that would give you a great place to start growing a stake and learning about the market. DO NOT, i repeat, DO NOT sell anything for 90 days once you invest. Look at it like a football season just starting out. If you get interested along the way in other coins, add to your position with new money, but don't touch your initial investment until after April because with the Trump tax plan and tax season underway, we're in a bull market right now, and have little reason to believe that it's anything but that. THAT SAID - you also need to understand that these coins are under attack by Russia, China, and the Fed. There is belief that Russia and China tried to crash the coin market right before Christmas. They failed. People held. Don't let bear runs give you weak hands. Go in with a 90 day plan expecting to lose the stake, but hoping to double it. There's a good chance you might triple it or better in this bull market. |
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Posts: 78,983
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01-03-2018, 04:45 PM | #1117 | |
George Brett shit his pants
Join Date: Apr 2006
Location: At the Bellagio
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01-03-2018, 04:56 PM | #1118 |
Andy Reid Supporter
Join Date: Apr 2012
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TJ, what do you like about Cardano? Do they have a good team?
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01-03-2018, 04:58 PM | #1119 |
Veteran
Join Date: Feb 2012
Location: DE
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A lot of poopcoin talk in here lately
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Posts: 3,816
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01-03-2018, 05:03 PM | #1120 |
Sapere Aude
Join Date: Jun 2001
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They're an amazing team with an amazing project and amazing technology. The project is led by Charles Hoskinson, a cofounder of Ethereum. The idea was to get right the things that Ethereum got wrong. It's an all-star team that started from scratch and asked themselves "how can we be best of breed from the ground up."
Their vision paper can be found here. It's the filet mignon of crypto-visions... https://www.cardanohub.org/en/cardano-vision-paper/ |
Posts: 78,983
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01-03-2018, 05:04 PM | #1121 |
Sapere Aude
Join Date: Jun 2001
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Posts: 78,983
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01-03-2018, 05:10 PM | #1122 |
Sapere Aude
Join Date: Jun 2001
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People pissing on Ripple right now don't understand the game. Ripple is the battering ram that is going to bust the cryptocurrency doors wide open.
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Posts: 78,983
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01-03-2018, 05:14 PM | #1123 |
Sapere Aude
Join Date: Jun 2001
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Do you seriously believe that the owners of Ripple are going to sell their 100 billion coins so they can buy ethereum? They hold 60 billion of these coins and they have a thousand banks that are coming online with their platform. Explain to me how selling their coins and buying ethereum is good for them and or their customers.
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Posts: 78,983
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01-03-2018, 05:19 PM | #1124 |
What's up braj?
Join Date: Jun 2008
Location: Placencia, Belize
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What banks are actually using Ripple? My understanding is they aren’t using the coin, just technology by Ripple. They don’t need the coin, therefore the price run up will eventually stop.
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01-03-2018, 05:50 PM | #1125 |
George Brett shit his pants
Join Date: Apr 2006
Location: At the Bellagio
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