Bitcoin (cryptocurrency)

Surely Bitcoins value drops once you can buy other coins outright rather then bitcoin first too swap for a alt coin.
 
andy1234uk said:
The crypto currency that is created and supported by banks will be the one to stick everything you have spare on!

It’s hard to get a quick buck these days but they do come around such as AliBaba and the Royal Mail.

For me, I’m happy with low cost index trackers building up my retirement pot and compound daily interest.
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That at this moment in time is Ripple from what I can gather.
 
arbabarshad said:
Central banks have been working with technology companies to come up with their own crypto currency ! Who would have thought it. Btw, I must say this is not news to me.

JP Morgan have been working to come up with crypto solutions for some time now. As I said, central banks in Asia Pacific region have been working on it for nearly 2 years.

Crypto is the future. Which crypto currency/currencies is the only question. Moreover, the developers working on these projects always come up with things that are better than main stream technology companies. So whatever IBM come up with, wouldn't say that will be the be all and end all.

The industry only needs some main stream coverage which it has started to get and some regulation for it to become mainstream.

I, myself, have little interest in individual currencies because they are just taking he industry through the beta phase. With some short term crazy profits of course, but that is just a by product. The crypto however will change the future of the financial markets as we know it which is the primary reason why so many in financial markets do NOT like it.
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Agree with most of that. Except most of the last paragraph. Financial markets will love it, it's central banks that don't. But I don't have time for that conversation... it'll just be xcryto/GBP, USD/xcryto in 2019. How mainstream does it become (I'm guessing completly) and do the Chinese tag the Yuan to the dollar or crypto?
 
arbabarshad said:
Central banks have been working with technology companies to come up with their own crypto currency ! Who would have thought it. Btw, I must say this is not news to me.

JP Morgan have been working to come up with crypto solutions for some time now. As I said, central banks in Asia Pacific region have been working on it for nearly 2 years.

Crypto is the future. Which crypto currency/currencies is the only question. Moreover, the developers working on these projects always come up with things that are better than main stream technology companies. So whatever IBM come up with, wouldn't say that will be the be all and end all.

The industry only needs some main stream coverage which it has started to get and some regulation for it to become mainstream.

I, myself, have little interest in individual currencies because they are just taking he industry through the beta phase. With some short term crazy profits of course, but that is just a by product. The crypto however will change the future of the financial markets as we know it which is the primary reason why so many in financial markets do NOT like it.
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Can do what they like, litecoin will be the daddy soon.
 
If your looking to invest in a bitcoin alternative in its infancy check out LISK, currently about $20 per coin, its being rebranded, partnerd by microsoft, has a few unique advantages over some other cryptocutrencies such as faster processing times, and future looks generally bright for it with 2018 expected to be a big year, predicted to raise to $100 a coin soon
 
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SWP's back said:
Lost 1/3 if it’s value this week.

It’s nothing if not volatile.

http://www.bbc.com/news/business-42457983
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Its extremly volatile but in fairness it only dropped to what it pretty much was before its wild surge earlier due to to few things that couldnt have been predicted, exchanges going bankrupt etc, but in hindsight a drop in value after such a wild surge doubling in value in space of few weeks was always on the cards, it will most likely climb back up close to what it was, surge again drop then and so on as it has before again and again.As someone who gets paid mostly in btc feeling this particular drop at this time of year hard, but some perspective is needed to get through it for me, and confident it will surpass 20000 again, prefarably a steady climb this time.
 
What’s the deal with Ripple then? Does anyone know? Seems like it is bank supported and has risen to just over a dollar a share
 
Any tips on which website I should buy some coins/tokens from? And what will be the most effective and secure way of storing them?
 
andy1234uk said:
Any tips on which website I should buy some coins/tokens from? And what will be the most effective and secure way of storing them?
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I've been investing in markets for years now, and the one golden piece of advice I can give you is do your own research.

You shouldn't be prepared to lose money on the advice from a bulletin board.

You have no idea what the motives of those answering your questions may be, and if you don't know what shorting is, then I would recommend you spend a good length of time reading as much as you can and understand what you are investing in before parting with your hard earned money.

There are no morals involved where money is concerned, especially when it comes to investments.

It is a sea full of sharks, and I can't emphasise enough that a board such as this, or any other come to that, is the very last place you should base your decisions on.

DYOR is a phrase you will see at the end of posts in investment forums, which I haven't seen on here, but even those forums are full of misleading advice and opinions.

Good luck if you decide to have a flutter though, and, er, DYOR.
 
Fowlers Penalty Miss said:
I've been investing in markets for years now, and the one golden piece of advice I can give you is do your own research.

You shouldn't be prepared to lose money on the advice from a bulletin board.

You have no idea what the motives of those answering your questions may be, and if you don't know what shorting is, then I would recommend you spend a good length of time reading as much as you can and understand what you are investing in before parting with your hard earned money.

There are no morals involved where money is concerned, especially when it comes to investments.

It is a sea full of sharks, and I can't emphasise enough that a board such as this, or any other come to that, is the very last place you should base your decisions on.

DYOR is a phrase you will see at the end of posts in investment forums, which I haven't seen on here, but even those forums are full of misleading advice and opinions.

Good luck if you decide to have a flutter though, and, er, DYOR.
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Thanks for the advice, and I am heavily invested in various stocks and shares at the minute so I see your point.

One thing I find paramount to investing is your own research, and Tim Hales Smarter Investing book should be first port of call.

Second port of call, in my opinion, is the populace’s way of thinking and their experiences with certain platforms, which is why I’d love to know what platforms people have purchased through i.e Bitstamp and their experience on storing their investment I.e offline.

Doing your own research is vital I agree, but I think you under-estimate the benefit of discussion and people’s experiences!
 
Martin* said:
Anyone have any views on Electroneum?
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Huge potential biggest ico so far by a fucking mile. I put £96 in and got 13800 coins which are worth between 8 and 12 cent at present. If it gets adopted by the gambling industry and mobile phones then hopefully will go over a dollar a coin.
 
andy1234uk said:
Thanks for the advice, and I am heavily invested in various stocks and shares at the minute so I see your point.

One thing I find paramount to investing is your own research, and Tim Hales Smarter Investing book should be first port of call.

Second port of call, in my opinion, is the populace’s way of thinking and their experiences with certain platforms, which is why I’d love to know what platforms people have purchased through i.e Bitstamp and their experience on storing their investment I.e offline.

Doing your own research is vital I agree, but I think you under-estimate the benefit of discussion and people’s experiences!
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Nothing to do with under estimating the benefit of discussion and peoples experiences, but your question led me to believe you were a naive novice thinking investing in the markets was akin to putting your money in a savings account.
 
Fowlers Penalty Miss said:
Nothing to do with under estimating the benefit of discussion and peoples experiences, but your question led me to believe you were a naive novice thinking investing in the markets was akin to putting your money in a savings account.
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You got all that from 2 researching questions?
 
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