1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[Numpsay]

Yeah but that doesn't mean the whole billion population of China (including children, elderly, sick and blind people) are investing in it. I'm just going off common sense. There's 65 billion coins available for Tron. 35 billion for Ripple. Ripple is currently "mainstream" and just started exploding and is currently in use and is only at $2 now, with $3 being the highest and it's currently falling now. So again, unless you're getting a shytload of coins like 10k-100k or more and that shyt goes to a $1, then your in business. I'd just rather spend my money on what's lower and moving right now



How many?

Not sure how many, but they will start burning some which will increase the value of every coin. I am hoping they burn at least half. Also China isn't the only nation of people investing in the coin, and when people invest, they don't invest in a single coin. Tron was never supposed to be a quick money maker it was always a long term hold type of coin. When it jumped to .30 and then dropped it seemed people started souring on the coin, I guess they needed to fill that void left by XVG. If it hits a $1 in 2018 I am happy anything above that is gravy.

 

[Perfectson]

If you come up on crypto i highly doubt you're going back to fiat 100%. I don't even look at fiat the same way and I haven't even come up. I never even used the word "fiat" until I started crypto

@irishfury can you confirm this? You switch back totally?


Anyway it's more like a walled garden now. Before you could just step on in and enjoy yourself, nah nikka you got ICO's and presales and pre-presales and all other kind of bullshyt that the exclusive will use to get one more step over you. I know it used to not be like this. That's why I stress learning the tech because but if you learn enough you can manipulate your opportunities

Anyway here's telegram's leaked ICO.



shyt is gonna be huge I can't even front. But like everything these days, getting in the whitelist or pre-sale you might as well be standing in line for Beyonce tickets.

Lol, yeah when Ian buys his Lamborghini what you think he's gonna do. Walk in with a bag full of BTC. Look crypto is here to stay but these investors are going back to fiat, you see all the heavy hitters selling their holdings cuz they knownwhats coming and they made a good bag and can live life comfortably in fiat terms without worrying about any crashes or dips .

If you made 2m I crypto, youre gonna keep yourself money in crypto?

 

[Carlton Banks]

I never even used the word "fiat" until I started crypto

Word. Thought nikkas was talking bout the car

 

[FSP]

Lol, yeah when Ian buys his Lamborghini what you think he's gonna do. Walk in with a bag full of BTC. Look crypto is here to stay but these investors are going back to fiat, you see all the heavy hitters selling their holdings cuz they knownwhats coming and they made a good bag and can live life comfortably in fiat terms without worrying about any crashes or dips .

If you made 2m I crypto, youre gonna keep yourself money in crypto?

I'm saying they aren't going back 100%. Ian will try to get his lambo and still crypto, and if he could get a lambo in bitcoin he would. For one, people aren't going to want to pay taxes, man. Especially in this new tax system. Any rich person has variable wealth. You think Jeff Bezos is sitting on 98bn in cash? No he has stocks, investments, all which have deprecating/appreciating value over time. tomorrow it might be 101bn. Or it might be 90bn. That part of the game is nothing new if you're rich or an investor, gambler or general risk taker. The lord giveth, the lord taketh away

 

[Carlton Banks]

Lol, yeah when Ian buys his Lamborghini what you think he's gonna do. Walk in with a bag full of BTC. Look crypto is here to stay but these investors are going back to fiat, you see all the heavy hitters selling their holdings cuz they knownwhats coming and they made a good bag and can live life comfortably in fiat terms without worrying about any crashes or dips .

If you made 2m I crypto, youre gonna keep yourself money in crypto?

Agreed. The objective is to make money. Crypto isn't real money. At least not yet. What happens if the government decides to ban crypto? What happens if this net neutrality shyt affects trading? What happens if a major crash happens and everyone loses money? There's so many what ifs. It's all a gamble. Common sense says you need USD (or 'fiat') to buy crypto. So it will always be superior

 

[Carlton Banks]

I'm saying they aren't going back 100%. Ian will try to get his lambo and still crypto, and if he could get a lambo in bitcoin he would. For one, people aren't going to want to pay taxes, man. Especially in this new tax system. Any rich person has variable wealth. You think Jeff Bezos is sitting on 98bn in cash? No he has stocks, investments, all which have deprecating/appreciating value over time. tomorrow it might be 101bn. Or it might be 90bn. That part of the game is nothing new if you're rich or an investor, gambler or general risk taker. The lord giveth, the lord taketh away

Brehs that came up off crypto will always keep one foot in...

 

[FSP]

Brehs that came up off crypto will always keep one foot in...

Exactly. I already know I'm not going back. If I came up I'm diversifying, I'm keeping maybe 30-50% in fiat, but uh, no. I'm not leaving. Unless something major happens that turns crypto obsolete, there's no going back. This is one of the ways that blockchain permanently changes society. There's definitely no going back

 

[FSP]

Agreed. The objective is to make money. Crypto isn't real money. At least not yet. What happens if the government decides to ban crypto? What happens if this net neutrality shyt affects trading? What happens if a major crash happens and everyone loses money? There's so many what ifs. It's all a gamble. Common sense says you need USD (or 'fiat') to buy crypto. So it will always be superior

This bold sentence isn't really true though.

I can trade fiat for crypto, I can trade crypto for fiat and I can trade crypto for crypto. That fluid exchange is money if I've ever seen it.

The government can't ban crypto, it's not under the governments control. But they will try to subvert it, everyone sees that.

Net neutrality applies to the web, blockchain and crypto is actually an entirely different protocol than the web and doesn't require the web at all to operate.

 

[Perfectson]

Exactly. I already know I'm not going back. If I came up I'm diversifying, I'm keeping maybe 30-50% in fiat, but uh, no. I'm not leaving. Unless something major happens that turns crypto obsolete, there's no going back. This is one of the ways that blockchain permanently changes society. There's definitely no going back

Fiat will eventually be on some sort of block chain technology that's the future. But these guys are getting out of all these shyt coins in the meantime and will leave late investors with the bag . I'm sure they will keep small holdinga in the game, but will be spending their investment and probably using the infamy to market others like Ian is doing. He can sit back and be an advisor for the next 5 yeaysb

 

[Perfectson]

This bold sentence isn't really true though.

I can trade fiat for crypto, I can trade crypto for fiat and I can trade crypto for crypto. That fluid exchange is money if I've ever seen it.

The government can't ban crypto, it's not under the governments control. But they will try to subvert it, everyone sees that.

Net neutrality applies to the web, blockchain and crypto is actually an entirely different protocol than the web and doesn't require the web at all to operate.

Everything is priced wjth an underlying fiat in mind. And of course, initially you need fiat to buy crypto . Other markets are more advanced than US but eventually that will change.

 

[FSP]

Everything is priced wjth an underlying fiat in mind. And of course, initially you need fiat to buy crypto . Other markets are more advanced than US but eventually that will change.

I see it like gold. At some point all fiat was backed by gold until there wasn't enough gold to back fiat. Then fiat decoupled from gold and began to operate entirely on trust. We're not at that point yet, not even close actually, but there will become a time where, in certain instances, it will make more sense to use crypto over fiat. I actually think the tax thing will be a tipping point for a lot of people, especially if Trump & Repubs get carried away with it like they always like to do.

I'm not super maximalist or anything, fiat has it's place, but from now on it's going to be shared. There's not really any going back just like Napster disrupted the music world and even now I can still find any music I want for free almost 20 years later. Crypto does the same for money. p2p always changes the game

 

[FSP]

Fiat will eventually be on some sort of block chain technology that's the future. But these guys are getting out of all these shyt coins in the meantime and will leave late investors with the bag . I'm sure they will keep small holdinga in the game, but will be spending their investment and probably using the infamy to market others like Ian is doing. He can sit back and be an advisor for the next 5 yeaysb

Ian has well over a million and he hasn't done that though

Satoshi is worth over 10bn. Hasn't spent a single bitcoin

Roger Ver is worth over 5 billion. Still in crypto

Chris Larson, co founder of Ripple, worth 30bn...still in crypto

Vitalik...still in crypto

The only person I can even think of that sold all of their crypto that came off of it is Charlie Lee, and he's still in crypto, he just sold his litecoins.

I'm sure there are people that have cashed out completely, I just haven't seen it yet. Can a gambler stay away from the casino?

 

[EBK String]

I got tron, verge and cardano. all of the. are on the decline but hopefully they pick back up.

 

[DatBoiHawk]

I got tron, verge and cardano. all of the. are on the decline but hopefully they pick back up.

Verge?

 

[DamienWayne]

binance back down someone let me know when it opens again