Cryptocurrency

BryceC

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ETH has been printing money. If you couldn't make money off ETH the last month you shouldn't do crypto.

If you made money on ETH this year you're a genius.
 

Ames

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Still not what I was referencing.
You said at least pirates were making money. Implying that others aren't. You are bad at crypto if you aren't making money right now.
 

JustAnotherTimeline

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It would kill all the alt coins, but still won't make BTC anything special. ETH would lose a lot of trade volume if people aren't using it to buy other coins.

I think you overestimate the power and reach of the US government. If they try to stifle innovation here in the US then it will just go overseas to more friendly territory. It is our best interests to have crypto friendly regulation, in my opinion.

Why would US regulation kill alt coins? You don't think US citizens would just invest in alts from overseas projects? I would and they are powerless to stop me.
 

Ames

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If you made money on ETH this year you're a genius.
lol. Nooo. ETH hits all time high; sell or short. Economy and Ukraine and stocks bad; sell or short. ETH hangs out at $1k too long and ETH 2 coming; buy. ETH goes from $1k to $1.7k in 2 weeks.... sell.

What's next... ETH 2 gets news of a delay; ETH goes down. ETH 2 really happens; ETH goes up. People with locked up ETH waiting on 2 release sell; sell before them.
 

BuschLight

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I think you overestimate the power and reach of the US government. If they try to stifle innovation here in the US then it will just go overseas to more friendly territory. It is our best interests to have crypto friendly regulation, in my opinion.

Why would US regulation kill alt coins? You don't think US citizens would just invest in alts from overseas projects? I would and they are powerless to stop me.
Look what happened when China full-out banned it. They aren't the only major countries that are looking to ban it either.

Nothing coming for crypto projects are really innovative, besides how the scam people.
 

JustAnotherTimeline

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lol. Nooo. ETH hits all time high; sell or short. Economy and Ukraine and stocks bad; sell or short. ETH hangs out at $1k too long and ETH 2 coming; buy. ETH goes from $1k to $1.7k in 2 weeks.... sell.

What's next... ETH 2 gets news of a delay; ETH goes down. ETH 2 really happens; ETH goes up. People with locked up ETH waiting on 2 release sell; sell before them.

yeah, it will definitely dump when the upgrade occurs. Happened to ADA not long ago.
 

Ames

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Look what happened when China full-out banned it. They aren't the only major countries that are looking to ban it either.

Nothing coming for crypto projects are really innovative, besides how the scam people.
China banned it so they could bring in their own crypto currency. The US isn't going to ban crypto. Some rules would be good so people aren't guessing and institutions have their guide rails.
 
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JustAnotherTimeline

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Look what happened when China full-out banned it. They aren't the only major countries that are looking to ban it either.

Nothing coming for crypto projects are really innovative, besides how the scam people.

Well, network hash rate is at an all time high since China banned it.

Disagree. There is certainly innovation going on. If there wasn't, then why would top tech talent be moving to the web3/crypto space?
 

BryceC

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lol. Nooo. ETH hits all time high; sell or short. Economy and Ukraine and stocks bad; sell or short. ETH hangs out at $1k too long and ETH 2 coming; buy. ETH goes from $1k to $1.7k in 2 weeks.... sell.

What's next... ETH 2 gets news of a delay; ETH goes down. ETH 2 really happens; ETH goes up. People with locked up ETH waiting on 2 release sell; sell before them.

So, just time the market. No biggie.
 
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Ames

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So, just time the market. No biggie.
A sell, buy, sell in 8 months. That's like 8 years in crypto time. If you just buy and hold everything forever I'd hate to see your stock portfolio right now.
 

BryceC

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A sell, buy, sell in 8 months. That's like 8 years in crypto time. If you just buy and hold everything forever I'd hate to see your stock portfolio right now.

It's up significantly over what it was when I started. But I'm a long term investor.
 

Cyrealist

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I don't see any way that "investing" in e-currency is anything other than pure speculation. May as well "invest" in tulip bulbs.
 

Ames

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It's up significantly over what it was when I started. But I'm a long term investor.
Well if you invested in BTC or ETH on a long term horizon then you are either up a lot or up really big or up really really big.
 
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