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Thread: BITCOINS also crashed, what a way to go

  1. #16
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    Cryptocurrency xrp ripple

    Last year April, 2017 xrp Ripple was $0.033955 per coin. It is now about $0.34. In January 5th 2018 it was $3.56 per coin. So for me I'm still waiting for it to hit $100 per coin to become a millionaire. This is where to see the values live, and yes, it is a risk. They can go up and they can go down.live watching and the historical data I have provided is here. https://coinmarketcap.com/

  2. #17
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    Your going to be waiting a long time to be a millionaire, actually you will probably die first...lol

    Bitcoin will be about $800.00 within 12 months once it settles down on a permanent basis.. Unfortunately all the Bitcoin "dream on" millionaire's are going to have to wake up to reality and find a proper job..

    Forget about the "pumps and dumps"

  3. #18
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    Perhaps most of us do have a proper job. Just perhaps they are putting in a bit of money they can afford to live on hope, as it is the common man's stockmarket. Yes indeed, forget the pump and dumps which tend to be the the lower division coins down at the bottom of the list with smaller market caps that can be controlled by a group of investors, market out saying this coin will rise, but watch out idf you are little too late and watch that coin dive. I'm for Ripple (XRP) and hope it will rise to say $10 in early 2019. Perhaps $100 by the end of next year. https://coinmarketcap.com/

  4. #19
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    I stopped mining few months ago as its no longer profitable. I have 23 Bitmain mining machines about to be thrown in the trashcan as nobody wants to buy it even for $20 each. Bitcoin keeps on forking into another Bitcoin and it's destroying the crypto-coin market as it has lost its credibility. IMHO.. it should be regulated to provide stability but it's out of control with different exchanges giving different prices and vast centralisation is in China. I feel sorry for folks who bought it at high and didn't cash out early to prevent losses. It's been a fun ride but it's time to move on.

    Even large players are hemorrhaging and many will shutdown as well.

  5. The Following User Says Thank You to Remington For This Useful Post:

    Judge (08-12-2018)

  6. #20
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    I can't tell you how many friends in Facebook "Suddenly" Became experts on Crypto currencies , they really were making themselves laughing stock.. all going to be super rich over night..

    All had it figured out.. the local dustbin man, the school cleaner , the dinner lady, the Gardner and of course the unemployed , all were going to "Suddenly" become Crypto kings!!

    The problem is most simple people fail to realize , that it is a very unfortunate fact of life that 99.9% of the time if you want to make a million your going to have to work for it, like getting up in the morning and doing 100 hours a week.. for
    a long long time..

    looks like some people will have to re think their "get rich schemes " all over again.. life is a bitch!!

  7. The Following User Says Thank You to evoboy For This Useful Post:

    nicklcool (08-12-2018)

  8. #21
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    I got return on my investment but Bitmain kept on releasing new miners, I crushed the numbers and ROI (return on investment) is over a year... maybe 2 but again by that time the miners will be unprofitable. They do not last more than a year at most due to poor quality components and difficulty gone skyhigh taking longer time to solve hashing algorithm and making less money. Also Bitmain is also very unethical company, running miners in secret and sell it to customers when they know its becoming unprofitable soon.

  9. #22
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    Yes, its such a shame the local dustbin man, the school cleaner, the dinner lady, the gardener etc can't have their dreams thanks to media scaremongering and project doom media. Reminds of Brexit having their enemies also . But its not over yet, and I'm sure that cryptocurrency will continue ducking , diving and soaring for a few more years yet. I'll be back here on its next soar. As for mining, that's never been a good idea unless you have free electricity in the north Pole with hyperfast computers betond what we have in the market today.

  10. #23
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    Quote Originally Posted by Remington View Post
    I stopped mining few months ago as its no longer profitable. I have 23 Bitmain mining machines about to be thrown in the trashcan as nobody wants to buy it even for $20 each.
    Depending on the specks and type of power supply in these they may be worth something, it all depend, tell some more about it, show a picture.

  11. #24
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    Quote Originally Posted by Hans.KK View Post
    Depending on the specks and type of power supply in these they may be worth something, it all depend, tell some more about it, show a picture.
    I have this 1600 watts power supply APW3++ for S9, L3+, or D3 with 10 Connectors and probably could sell for $100 each.

    61vpaiIVmzL._SX425_.jpg

  12. #25
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    Quote Originally Posted by evoboy View Post
    I can't tell you how many friends in Facebook "Suddenly" Became experts on Crypto currencies , they really were making themselves laughing stock.. all going to be super rich over night..

    All had it figured out.. the local dustbin man, the school cleaner , the dinner lady, the Gardner and of course the unemployed , all were going to "Suddenly" become Crypto kings!!

    The problem is most simple people fail to realize , that it is a very unfortunate fact of life that 99.9% of the time if you want to make a million your going to have to work for it, like getting up in the morning and doing 100 hours a week.. for
    a long long time..

    looks like some people will have to re think their "get rich schemes " all over again.. life is a bitch!!
    Agree to an extent, but you are gorgeous the most part referring to E (employee) and S (specialist careers. In those two, yes, you will be slaving away at upwards of 50+ hours a week, all to cap out at, what, $200k annually if you get promoted to a high executive position. B (business) is the way to go, think of a system where others are working for you, and your income becomes automated.
    I am fascinated by Russia, this country with frigid weather, hard souls, and hot girls!

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