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NorthernLights24

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Sma amount of experts here. It's "crashed" every January for the last 3 years. It'll quite possibly retrace to about $8.5k (November prices!) before heading off again.

 

Blockchain is here to stay. Wabi (proof of authenticity - initially being used to ensure baby products are safe) now has their product in stores in China and has seen their token value increase by 18% over the last 24hrs even during this Bitcoin dump.

 

If you are interested in the tech behind cryptocurriencies and not just buying it expecting the value to always go up then you'll be able to take advantage of the opportunities a dip like this provides.

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Sma amount of experts here. It's "crashed" every January for the last 3 years. It'll quite possibly retrace to about $8.5k (November prices!) before heading off again.

 

Blockchain is here to stay. Wabi (proof of authenticity - initially being used to ensure baby products are safe) now has their product in stores in China and has seen their token value increase by 18% over the last 24hrs even during this Bitcoin dump.

 

If you are interested in the tech behind cryptocurriencies and not just buying it expecting the value to always go up then you'll be able to take advantage of the opportunities a dip like this provides.

 

While that is true, regards blockchain it isn't with regards to bitcoin. I was tempted to invest in another crypto currency with a real world use, but the hassle of buying it (using wallets etc that seem easy to hack etc) put me off.

 

I believe there will be a very successful and useful cryptocurrency (or similar) but I don't think we have seen it yet. Rumours of facebook thinking of launching one, could see the likes of that being safer and more liquid.

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Crypto currencies remind me of that Women Empowering Women - gye few folk lost money on that in Aberdeen

 

https://www.theguardian.com/uk/2001/aug/05/tracymcveigh.theobserver

 

Feel these are like musical chairs - all and well when they are trading and people are accepting them as payment, but what happens if that stops - folk are left holding worthless bitcoins, because there is nothing backing them up, paper cash or deposits in banks are at least backed up by reserves in the Bank (Bank of England notes in Edinburgh sages) or Government guarantees.

 

Scottish notes are only promissary notes, but there is level of security about them

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  • 1 year later...

I hope OP invested a huge deal in BTC when the thread appeared and withdrew in 2017. Otherwise, the intention in application to the reality of 2019 is outrageously crazy. Nowadays it's mere gambling. With the casual currency trading, you have micro- and macro- economic to put your food onto. With BTC and to a lesser extent with other currencies it's a game of chance. The only place to make money from BTC now is a casino. You either lose all your BTC without regrets or win to exchange to other more or less stable currency immediately. Here's a good blog on it https://bitcoinslotscasino.com/

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