Cryptocurrencies

[Joey66]

My sons Ripple coin has took a plummet but he bought in low, so no great shakes it up and down like a fiddlers elbow!

 

[Joey66]

Kev showing clear signs of a buyers regret here, his classic panic and misread finding few sympathisers

my sons mate sold Bitcoin for his firm to pay computer viruses ages ago when they were so cheap worked put not its cost him 1.5 million- it's his dad's firm!
Helping put has cost him, but he plays the crypto markets he has moved to rippplecoin now!

 

[orly]

my sons mate sold Bitcoin for his firm to pay computer viruses ages ago when they were so cheap worked put not its cost him 1.5 million- it's his dad's firm!
Helping put has cost him, but he plays the crypto markets he has moved to rippplecoin now!

Another utterly disastrous day for the flagship cryptocurrency today Joe, down to $11.4k. Nearly half its value wiped off since Christmas

 

[evilwebby]

think we are into the "Fear" phase by now.

 

[Philw]

think we are into the "Fear" phase by now.

Tell me when we hit Despair... $$$

 

[Joey66]

Another utterly disastrous day for the flagship cryptocurrency today Joe, down to $11.4k. Nearly half its value wiped off since Christmas

That's why you only buy low but Bitcoin is anonymous, and is changing to identity in the spring that's when the crooks will leave it the ransom cases my son has sorted out two years ago all paid in Bitcoin- they were low then but ransoms were from 100 to 300 £ - now its cheaper to put new servers in and routinely back the servers up which is a PIA for his firm and costly for customers- the FBI have been after them etc it has curtailed it , but remember the NHS hack being ransomed bet you it was in Bitcoin!

 

[Bruce Wayne]

think we are into the "Fear" phase by now.

I think we're in the despair phase of Moshiri's rein.

 

[Bruce Wayne]

That's why you only buy low but Bitcoin is anonymous, and is changing to identity in the spring that's when the crooks will leave it the ransom cases my son has sorted out two years ago all paid in Bitcoin- they were low then but ransoms were from 100 to 300 £ - now its cheaper to put new servers in and routinely back the servers up which is a PIA for his firm and costly for customers- the FBI have been after them etc it has curtailed it , but remember the NHS hack being ransomed bet you it was in Bitcoin!

To be fair, they'll never catch Kev. @Woolly Blue has been trying for months. He's like a shadow.

 

[orly]

Touched the 10k mark tonight, so has lost 50% of value in a month.

I am expecting a rally at $9k for a bit though

 

[Woolly Blue]

To be fair, they'll never catch Kev. @Woolly Blue has been trying for months. He's like a shadow.

Pfft, I know where he lives !
Admittedly London is a big place though

 

[evilwebby]

Tell me when we hit Despair... $$$

-24%.
should be there by tea time tomorrow at this rate!

 

[evilwebby]

I think we're in the despair phase of Moshiri's rein.

I was rather hoping it was more the Bear Trap part!

 

[Woolly Blue]

think we are into the "Fear" phase by now.

It's probably a bit early to call it for sure, because there have been similar setbacks to Bitcoin before, and it's rebounded, but I do suspect the pros have made their money on it now and they may well now be doubling up and making money on the way down as well now.

What's that old adage about if it seems too good to be true ...

*queue bounce back up tomorrow and 30k USD in a couple of months to prove me wrong !

 

[larrygobfiend]

Any comment on today's events @Kev The Rat?

If it makes you feel better, my coins have lost nearly 40% of their value in 24 hours lol

 

[Muggins]

To be fair, they'll never catch Kev. @Woolly Blue has been trying for months. He's like a shadow.

What do you think to the block chain technology Bruce?

In financial terms and the original white paper of bit coin, do you think it will end up taking over traditional banking over time?