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OT any of you investing in Cryptocurrencies?

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Re: OT any of you investing in Crypto? 

Post#421 » by RHODEY » Wed Jan 17, 2018 1:11 am

IllmaticHandler wrote:
RHODEY wrote:
IllmaticHandler wrote:One Thing I can say. That Cypto has brought me more into the world of stocks more than ever before. Crypto is a game to me. Stocks is for the big boys...I prefer that lane. Everybody and they mama in crypto cause they think they can get rich with very little effort. Half these teams are Frauds and prob wont bring what they saying to fruition. Very few cats are Etherum when it comes to working hard. Ripple is another that put the work in hard. Also Youtube has never been flooded with bootleg advisors like this before. Everybody is an analyst now.


I prefer cryptos. Because they have allowed me to make a lot of money in a short amount of time. Way more than I could have ever made with stocks . I think the low barrier of entry is a good thing for non accredited investors like myself. Everybody is an analysts now because everybody has to do their own research if they expect to do well.


I mean of course the entry price is low, but that don't change the volatile nature of it. Its not something you can take Lighty for years in advance. Make Money in crypto to buy an actual stock is my game. All this inexperienced people is why the market is so fickle. People are getting scared at any dip and running around crazy like a chicken with they head cut off... If you cant handle 30% losses...you not ready for 300% gains.

I have no morality in this. Alot of people are into cyrpto to break away from the "system" and being nerdy about it to me is straight BS. Cause all the mofos that saying that...is changing they gains into fiat, to ENTER back into the same system they talking **** about. That same Gain that people are getting, is going RIGHT back into the Bank.... :lol:



I think most people are in it for the financial gains. The nerdz got in early for the love, the ones that believed and HODL'd benefited. More power to them. nerds like Bill Gates run the world after all. :D But seriously for every nerd libertarian , I think there must be 5 resentful old money types that are quite frankly threatened by the shift in wealth and new tech they don't understand. The volatility is a thing nut I damn for sure have benefited from it by doing my home work. Those that take it likely would likely lose there money in other endeavors as well.
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Re: OT any of you investing in Crypto? 

Post#422 » by IllmaticHandler » Wed Jan 17, 2018 1:23 am

RHODEY wrote:
IllmaticHandler wrote:
RHODEY wrote:
I prefer cryptos. Because they have allowed me to make a lot of money in a short amount of time. Way more than I could have ever made with stocks . I think the low barrier of entry is a good thing for non accredited investors like myself. Everybody is an analysts now because everybody has to do their own research if they expect to do well.


I mean of course the entry price is low, but that don't change the volatile nature of it. Its not something you can take Lighty for years in advance. Make Money in crypto to buy an actual stock is my game. All this inexperienced people is why the market is so fickle. People are getting scared at any dip and running around crazy like a chicken with they head cut off... If you cant handle 30% losses...you not ready for 300% gains.

I have no morality in this. Alot of people are into cyrpto to break away from the "system" and being nerdy about it to me is straight BS. Cause all the mofos that saying that...is changing they gains into fiat, to ENTER back into the same system they talking **** about. That same Gain that people are getting, is going RIGHT back into the Bank.... :lol:



I think most people are in it for the financial gains. The nerdz got in early for the love, the ones that believed and HODL'd benefited. More power to them. nerds like Bill Gates run the world after all. :D But seriously for every nerd libertarian , I think there must be 5 resentful old money types that are quite frankly threatened by the shift in wealth and new tech they don't understand. The volatility is a thing nut I damn for sure have benefited from it by doing my home work. Those that take it likely would likely lose there money in other endeavors as well.






when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


The market is not decentralized as much people think. If you have to buy Bitcoin from coinbase...that means the market is centralized.
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Re: OT any of you investing in Crypto? 

Post#423 » by IAmTheBest » Wed Jan 17, 2018 1:38 am

IllmaticHandler wrote:
RHODEY wrote:
IllmaticHandler wrote:
I mean of course the entry price is low, but that don't change the volatile nature of it. Its not something you can take Lighty for years in advance. Make Money in crypto to buy an actual stock is my game. All this inexperienced people is why the market is so fickle. People are getting scared at any dip and running around crazy like a chicken with they head cut off... If you cant handle 30% losses...you not ready for 300% gains.

I have no morality in this. Alot of people are into cyrpto to break away from the "system" and being nerdy about it to me is straight BS. Cause all the mofos that saying that...is changing they gains into fiat, to ENTER back into the same system they talking **** about. That same Gain that people are getting, is going RIGHT back into the Bank.... :lol:



I think most people are in it for the financial gains. The nerdz got in early for the love, the ones that believed and HODL'd benefited. More power to them. nerds like Bill Gates run the world after all. :D But seriously for every nerd libertarian , I think there must be 5 resentful old money types that are quite frankly threatened by the shift in wealth and new tech they don't understand. The volatility is a thing nut I damn for sure have benefited from it by doing my home work. Those that take it likely would likely lose there money in other endeavors as well.






when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


People in the crypto realm arent against Ripple purely for philosophical reasons. People are hesitant to throw down big bags on ripple because the fact that it does not truly represent blockchain technology, means they do not believe in great success when it comes to Ripple...they do not believe it will explode. Why invest in something you dont think will be as big as other projects? It's all about the returns

Like earthmansurfer said, he saw a way for him to make money with Ripple early on and took that opportunity. Most people dont believe you can make those kinds of gains with Ripple anymore, so they dont invest. simple as that.

There's nothing wrong with keeping life savings in cryptocurrency as long as there will be a way to exchange it...which there will be.

making a killing in the crypto space and then cashing it out in the sinking ship of old institutions is not merely using the system, it's using the system while breaking the rules to your massive advantage
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Re: OT any of you investing in Crypto? 

Post#424 » by IllmaticHandler » Wed Jan 17, 2018 1:45 am

IAmTheBest wrote:
IllmaticHandler wrote:
RHODEY wrote:

I think most people are in it for the financial gains. The nerdz got in early for the love, the ones that believed and HODL'd benefited. More power to them. nerds like Bill Gates run the world after all. :D But seriously for every nerd libertarian , I think there must be 5 resentful old money types that are quite frankly threatened by the shift in wealth and new tech they don't understand. The volatility is a thing nut I damn for sure have benefited from it by doing my home work. Those that take it likely would likely lose there money in other endeavors as well.






when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


People in the crypto realm arent against Ripple purely for philosophical reasons. People are hesitant to throw down big bags on ripple because the fact that it does not truly represent blockchain technology, means they do not believe in great success when it comes to Ripple...they do not believe it will explode. Why invest in something you dont think will be as big as other projects? It's all about the returns

Like earthmansurfer said, he saw a way for him to make money with Ripple early on and took that opportunity. Most people dont believe you can make those kinds of gains with Ripple anymore, so they dont invest. simple as that.

There's nothing wrong with keeping life savings in cryptocurrency as long as there will be a way to exchange it...which there will be.

making a killing in the crypto space and then cashing it out in the sinking ship of old institutions is not merely using the system, it's using the system while breaking the rules to your massive advantage



My dude...people are investing a bunch of **** that won't give you huge returns...so singling out ripple doesn't mean much. And Honesty some of the most people that got rich this year was because of the gains ripple brought them. More gains that a schit load of coins. He aslo said there was a moral reason behind it...so quote the whole statment.

Also you have waaay to much faith in the security and stability of crypto, to be saying there will be nothing wrong with keeping your ALL your money inside of it.


100,000 in crypto will never consistently hold the same value as a 100,000 in a bank as a means of holding money. All Bubbles Burst. Cypto wont escape that.
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Re: OT any of you investing in Crypto? 

Post#425 » by IAmTheBest » Wed Jan 17, 2018 1:52 am

IllmaticHandler wrote:
IAmTheBest wrote:
IllmaticHandler wrote:




when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


People in the crypto realm arent against Ripple purely for philosophical reasons. People are hesitant to throw down big bags on ripple because the fact that it does not truly represent blockchain technology, means they do not believe in great success when it comes to Ripple...they do not believe it will explode. Why invest in something you dont think will be as big as other projects? It's all about the returns

Like earthmansurfer said, he saw a way for him to make money with Ripple early on and took that opportunity. Most people dont believe you can make those kinds of gains with Ripple anymore, so they dont invest. simple as that.

There's nothing wrong with keeping life savings in cryptocurrency as long as there will be a way to exchange it...which there will be.

making a killing in the crypto space and then cashing it out in the sinking ship of old institutions is not merely using the system, it's using the system while breaking the rules to your massive advantage



My dude...people are investing a bunch of **** that won't give you returns...so singling out ripple doesn't mean much. And Honesty some of the most people that got rich this year was because of the gains ripple bought them.

Also you have waaay to much faith in the security and stability of crypto, to be saying there will be nothing wrong with keeping your ALL your money inside of it.


100,000 in crypto will never consistently hold the same value as a 100,000 in a bank as a means of holding money. All Bubbles Burst. Cypto wont escape that.


i mean there is a big difference between ripple and those shietcoins that wont give you any return.

Ripple is a top 3 marketcap entity that people buy into for a more stable asset - akin to ethereum and bitcoin

those garbage coins that people buy into are purely hail marys...low market cap with huge potential for growth.

basically ripple isnt there to catch lightning in a bottle at this point. and if it's not there to skyrocket, then the question becomes why invest in ripple when you can invest in something like ethereum or bitcoin?

life savings all in crypto is far from ideal, but it's doable. it's hard to imagine 50/50 bitcoin and ethereum falling to zero or something

not saying you cant make gains with ripple. i'm sure you can. just saying why a lot of people arent into it
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Re: OT any of you investing in Crypto? 

Post#426 » by IllmaticHandler » Wed Jan 17, 2018 2:13 am

IAmTheBest wrote:
IllmaticHandler wrote:
IAmTheBest wrote:
People in the crypto realm arent against Ripple purely for philosophical reasons. People are hesitant to throw down big bags on ripple because the fact that it does not truly represent blockchain technology, means they do not believe in great success when it comes to Ripple...they do not believe it will explode. Why invest in something you dont think will be as big as other projects? It's all about the returns

Like earthmansurfer said, he saw a way for him to make money with Ripple early on and took that opportunity. Most people dont believe you can make those kinds of gains with Ripple anymore, so they dont invest. simple as that.

There's nothing wrong with keeping life savings in cryptocurrency as long as there will be a way to exchange it...which there will be.

making a killing in the crypto space and then cashing it out in the sinking ship of old institutions is not merely using the system, it's using the system while breaking the rules to your massive advantage



My dude...people are investing a bunch of **** that won't give you returns...so singling out ripple doesn't mean much. And Honesty some of the most people that got rich this year was because of the gains ripple bought them.

Also you have waaay to much faith in the security and stability of crypto, to be saying there will be nothing wrong with keeping your ALL your money inside of it.


100,000 in crypto will never consistently hold the same value as a 100,000 in a bank as a means of holding money. All Bubbles Burst. Cypto wont escape that.


i mean there is a big difference between ripple and those shietcoins that wont give you any return.

Ripple is a top 3 marketcap entity that people buy into for a more stable asset - akin to ethereum and bitcoin

those garbage coins that people buy into are purely hail marys...low market cap with huge potential for growth.

basically ripple isnt there to catch lightning in a bottle at this point. and if it's not there to skyrocket, then the question becomes why invest in ripple when you can invest in something like ethereum or bitcoin?

life savings all in crypto is far from ideal, but it's doable. it's hard to imagine 50/50 bitcoin and ethereum falling to zero or something

not saying you cant make gains with ripple. i'm sure you can. just saying why a lot of people arent into it


I mean if your Honestly being objective and have done research on ripple. You know that way to MANY people are against it for philosophical reasons. What people say about Ripple growth, can be applied to so many coins that took off to places that no one was thinking they can reach.

People attack ripple across the net for philosophy more than anything to me. They want nothing to do with a "centralized" coin. Like the dude said in the video that was posted by him ...it goes against everything this space is supposed to be about. So when you make those statements its not about gains it about philosophy. Its the same reason people want XLM to win over XRP.
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Re: OT any of you investing in Crypto? 

Post#427 » by RHODEY » Wed Jan 17, 2018 2:27 am

IllmaticHandler wrote:
RHODEY wrote:
IllmaticHandler wrote:
I mean of course the entry price is low, but that don't change the volatile nature of it. Its not something you can take Lighty for years in advance. Make Money in crypto to buy an actual stock is my game. All this inexperienced people is why the market is so fickle. People are getting scared at any dip and running around crazy like a chicken with they head cut off... If you cant handle 30% losses...you not ready for 300% gains.

I have no morality in this. Alot of people are into cyrpto to break away from the "system" and being nerdy about it to me is straight BS. Cause all the mofos that saying that...is changing they gains into fiat, to ENTER back into the same system they talking **** about. That same Gain that people are getting, is going RIGHT back into the Bank.... :lol:



I think most people are in it for the financial gains. The nerdz got in early for the love, the ones that believed and HODL'd benefited. More power to them. nerds like Bill Gates run the world after all. :D But seriously for every nerd libertarian , I think there must be 5 resentful old money types that are quite frankly threatened by the shift in wealth and new tech they don't understand. The volatility is a thing nut I damn for sure have benefited from it by doing my home work. Those that take it likely would likely lose there money in other endeavors as well.






when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


The market is not decentralized as much people think. If you have to buy Bitcoin from coinbase...that means the market is centralized.



True but decentralized exchanges are popping up, exchanges that will allow for direct fiat to cyrpto conversions will emerge ... I hear what your'e saying about the fake moralist, but at the end of the day, they are an irrelevant minority that has no effect on what I'm trying to do. Is it a bubble? Maybe. will it burst anytime soon? I for one am betting against that for the more part.

Think of how many people there are in the world (7.5 billion) vs. how many of those actually own a cryptocurrency of any kind. Think of how many hedge funds own cryptocurrencies. How many investment funds, how many insurance corporations ...

Basically none of them have gotten involved in any meaningful way yet.

Did I invest my life savings? Nope. As a hedge i diversify and will take some profits if/when I get to a certain level in a few months.
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Re: OT any of you investing in Crypto? 

Post#428 » by IllmaticHandler » Wed Jan 17, 2018 2:35 am

RHODEY wrote:
IllmaticHandler wrote:
RHODEY wrote:

I think most people are in it for the financial gains. The nerdz got in early for the love, the ones that believed and HODL'd benefited. More power to them. nerds like Bill Gates run the world after all. :D But seriously for every nerd libertarian , I think there must be 5 resentful old money types that are quite frankly threatened by the shift in wealth and new tech they don't understand. The volatility is a thing nut I damn for sure have benefited from it by doing my home work. Those that take it likely would likely lose there money in other endeavors as well.






when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


The market is not decentralized as much people think. If you have to buy Bitcoin from coinbase...that means the market is centralized.



True but decentralized exchanges are popping up, exchanges that will allow for direct fiat to cyrpto conversions will emerge ... I hear what your'e saying about the fake moralist, but at the end of the day, they are an irrelevant minority that has no effect on what I'm trying to do. Is it a bubble? Maybe. will it burst anytime soon? I for one am betting against that for the more part.

Think of how many people there are in the world (7.5 billion) vs. how many of those actually own a cryptocurrency of any kind. Think of how many hedge funds own cryptocurrencies. How many investment funds, how many insurance corporations ...

Basically none of them have gotten involved in any meaningful way yet.


Did I invest my life savings? Nope. As a hedge i diversify and will take some profits if/when I get to a certain level in a few months.


Indeed, but when they do it will become more centralized is the way I see it. The only way they will dive in if there is security and centralization. Goldman Sachs won't tests the waters and invest Billions unless a few things change in this space.

Its why I am a fan of Ripple. I personally think they have one of the smartest ideas. Cause they are betting on that Banks and the likes will want to jump in this market. They can save them so much money and speed up their efficency. I think its liek a 1000 trasnactions per second compared to Bitcoins 7 transactions per second. The masses wanted to exclude them in cypto(banks)...Ripple said nah...come and play... :lol:
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Re: OT any of you investing in Crypto? 

Post#429 » by RHODEY » Wed Jan 17, 2018 2:44 am

IllmaticHandler wrote:
RHODEY wrote:
IllmaticHandler wrote:




when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


The market is not decentralized as much people think. If you have to buy Bitcoin from coinbase...that means the market is centralized.



True but decentralized exchanges are popping up, exchanges that will allow for direct fiat to cyrpto conversions will emerge ... I hear what your'e saying about the fake moralist, but at the end of the day, they are an irrelevant minority that has no effect on what I'm trying to do. Is it a bubble? Maybe. will it burst anytime soon? I for one am betting against that for the more part.

Think of how many people there are in the world (7.5 billion) vs. how many of those actually own a cryptocurrency of any kind. Think of how many hedge funds own cryptocurrencies. How many investment funds, how many insurance corporations ...

Basically none of them have gotten involved in any meaningful way yet.


Did I invest my life savings? Nope. As a hedge i diversify and will take some profits if/when I get to a certain level in a few months.


Indeed, but when they do it will become more centralized is the way I see it. The only way they will dive in if there is security and centralization. Goldman Sachs won't tests the waters and invest Billions unless a few things change in this space.

Its why I am a fan of Ripple. I personally think they have one of the smartest ideas. Cause they are betting on that Banks and the likes will want to jump in this market. They can save them so much money and speed up their efficency. I think its liek a 1000 trasnactions per second compared to Bitcoins 7 transactions per second. The masses wanted to exclude them in cypto(banks)...Ripple said nah...come and play... :lol:

Well I like Ripple like I like the Celtics... :nonono: I'm rooting against the banks . But if they win in the end, so be it. I will have made my money by then and hopefully be able to afford to sit next to Spike Lee in 2024 win the Knicks go all the way! :nod:
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Re: OT any of you investing in Crypto? 

Post#430 » by IllmaticHandler » Wed Jan 17, 2018 2:50 am

RHODEY wrote:
IllmaticHandler wrote:
RHODEY wrote:

True but decentralized exchanges are popping up, exchanges that will allow for direct fiat to cyrpto conversions will emerge ... I hear what your'e saying about the fake moralist, but at the end of the day, they are an irrelevant minority that has no effect on what I'm trying to do. Is it a bubble? Maybe. will it burst anytime soon? I for one am betting against that for the more part.

Think of how many people there are in the world (7.5 billion) vs. how many of those actually own a cryptocurrency of any kind. Think of how many hedge funds own cryptocurrencies. How many investment funds, how many insurance corporations ...

Basically none of them have gotten involved in any meaningful way yet.


Did I invest my life savings? Nope. As a hedge i diversify and will take some profits if/when I get to a certain level in a few months.


Indeed, but when they do it will become more centralized is the way I see it. The only way they will dive in if there is security and centralization. Goldman Sachs won't tests the waters and invest Billions unless a few things change in this space.

Its why I am a fan of Ripple. I personally think they have one of the smartest ideas. Cause they are betting on that Banks and the likes will want to jump in this market. They can save them so much money and speed up their efficency. I think its liek a 1000 trasnactions per second compared to Bitcoins 7 transactions per second. The masses wanted to exclude them in cypto(banks)...Ripple said nah...come and play... :lol:

Well I like Ripple like I like the Celtics... :nonono: I'm rooting against the banks . But if they win in the end, so be it. I will have made my money by then and hopefully be able to afford to sit next to Spike Lee in 2024 win the Knicks go all the way! :nod:


The Banks won't lose my dude. You should understand this, they will find a way. Their survival will be dependent on it. The whales that are pulling money out in crypto is to put that in a Bank. Banks control this market indirectly. Trying to escape them in totality is not going to happen.
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Re: OT any of you investing in Crypto? 

Post#431 » by RHODEY » Wed Jan 17, 2018 2:53 am

IllmaticHandler wrote:
RHODEY wrote:
IllmaticHandler wrote:
Indeed, but when they do it will become more centralized is the way I see it. The only way they will dive in if there is security and centralization. Goldman Sachs won't tests the waters and invest Billions unless a few things change in this space.

Its why I am a fan of Ripple. I personally think they have one of the smartest ideas. Cause they are betting on that Banks and the likes will want to jump in this market. They can save them so much money and speed up their efficency. I think its liek a 1000 trasnactions per second compared to Bitcoins 7 transactions per second. The masses wanted to exclude them in cypto(banks)...Ripple said nah...come and play... :lol:

Well I like Ripple like I like the Celtics... :nonono: I'm rooting against the banks . But if they win in the end, so be it. I will have made my money by then and hopefully be able to afford to sit next to Spike Lee in 2024 win the Knicks go all the way! :nod:


The Banks won't lose my dude. You should understand this, they will find a way. Their survival will be dependent on it. The whales that are pulling money out in crypto is to put that in a Bank. Banks control this market indirectly. Trying to escape them in totality is not going to happen.


We'll see. Either way I'll get mine.
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Re: OT any of you investing in Crypto? 

Post#432 » by IllmaticHandler » Wed Jan 17, 2018 2:58 am

RHODEY wrote:
IllmaticHandler wrote:
RHODEY wrote:Well I like Ripple like I like the Celtics... :nonono: I'm rooting against the banks . But if they win in the end, so be it. I will have made my money by then and hopefully be able to afford to sit next to Spike Lee in 2024 win the Knicks go all the way! :nod:


The Banks won't lose my dude. You should understand this, they will find a way. Their survival will be dependent on it. The whales that are pulling money out in crypto is to put that in a Bank. Banks control this market indirectly. Trying to escape them in totality is not going to happen.


We'll see. Either way I'll get mine.



that's why I said. Get money and **** all the other schit. I'm not here to battle mofos with the Longest Pockets and trying to make them lose...I am here to make my pockets as long as I can.


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Re: OT any of you investing in Crypto? 

Post#433 » by Mecca » Wed Jan 17, 2018 3:02 am

IllmaticHandler wrote:
RHODEY wrote:
IllmaticHandler wrote:




when you have people against Ripple which so many people are in this realm...to me that's pointless. You mad they working with Banks?...but then will put your same money in a bank to hold. I mean let's be real. No one is going to keep their life savings in cryptocurrency and be called smart.


Im not against the nerds... I did not mean it like that...I meant being nerdy against a system that you will use no matter what and dont realize it when you talking all that schit about the system. People worship Satoshi Nakamoto so much that won't even sign to get a bit license in New York to stay "pure". Having a 100% unregulated market will NEVER happen. To much money is passing around. Like you said people are into for the gains but trick themselves into they are doing something righteous as well. The whole point of openingin and exchange is to make money...saying anything else is foolioness.


The market is not decentralized as much people think. If you have to buy Bitcoin from coinbase...that means the market is centralized.



True but decentralized exchanges are popping up, exchanges that will allow for direct fiat to cyrpto conversions will emerge ... I hear what your'e saying about the fake moralist, but at the end of the day, they are an irrelevant minority that has no effect on what I'm trying to do. Is it a bubble? Maybe. will it burst anytime soon? I for one am betting against that for the more part.

Think of how many people there are in the world (7.5 billion) vs. how many of those actually own a cryptocurrency of any kind. Think of how many hedge funds own cryptocurrencies. How many investment funds, how many insurance corporations ...

Basically none of them have gotten involved in any meaningful way yet.


Did I invest my life savings? Nope. As a hedge i diversify and will take some profits if/when I get to a certain level in a few months.


Indeed, but when they do it will become more centralized is the way I see it. The only way they will dive in if there is security and centralization. Goldman Sachs won't tests the waters and invest Billions unless a few things change in this space.

Its why I am a fan of Ripple. I personally think they have one of the smartest ideas. Cause they are betting on that Banks and the likes will want to jump in this market. They can save them so much money and speed up their efficency. I think its liek a 1000 trasnactions per second compared to Bitcoins 7 transactions per second. The masses wanted to exclude them in cypto(banks)...Ripple said nah...come and play... :lol:



Exactly!!!!


RHODEY took my analogy, but he’s right. While I got into cryptos because the banking system has overwhelming amount of control in our society and I wanted to be a part of the change, the banks don’t lose. They’ll never give up their power. Ripple is going to be their play in the near future as it kills 2 birds with one stone. I got half my bread in ripple. Like 20% of my life savings lol
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Re: OT any of you investing in Crypto? 

Post#434 » by IllmaticHandler » Wed Jan 17, 2018 3:08 am

Mecca wrote:
IllmaticHandler wrote:
RHODEY wrote:

True but decentralized exchanges are popping up, exchanges that will allow for direct fiat to cyrpto conversions will emerge ... I hear what your'e saying about the fake moralist, but at the end of the day, they are an irrelevant minority that has no effect on what I'm trying to do. Is it a bubble? Maybe. will it burst anytime soon? I for one am betting against that for the more part.

Think of how many people there are in the world (7.5 billion) vs. how many of those actually own a cryptocurrency of any kind. Think of how many hedge funds own cryptocurrencies. How many investment funds, how many insurance corporations ...

Basically none of them have gotten involved in any meaningful way yet.


Did I invest my life savings? Nope. As a hedge i diversify and will take some profits if/when I get to a certain level in a few months.


Indeed, but when they do it will become more centralized is the way I see it. The only way they will dive in if there is security and centralization. Goldman Sachs won't tests the waters and invest Billions unless a few things change in this space.

Its why I am a fan of Ripple. I personally think they have one of the smartest ideas. Cause they are betting on that Banks and the likes will want to jump in this market. They can save them so much money and speed up their efficency. I think its liek a 1000 trasnactions per second compared to Bitcoins 7 transactions per second. The masses wanted to exclude them in cypto(banks)...Ripple said nah...come and play... :lol:



Exactly!!!!


RHODEY took my analogy, but he’s right. While I got into cryptos because the banking system has overwhelming amount of control in our society and I wanted to be a part of the change, the banks don’t lose. They’ll never give up their power. Ripple is going to be their play in the near future as it kills 2 birds with one stone. I got half my bread in ripple. Like 20% of my life savings lol




Here’s how it works: xRapid enables real-time foreign exchange (FX) settlement through XRP, which gives financial institutions the ability to unlock liquidity and access multiple corridors with one pre-funded originating account.

What’s more, financial institutions will be able to send on-demand payments, reduce FX costs and fees, and customers will receive real-time insight into the status of their payments.

“Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid,” said Alex Holmes, chief executive officer of MoneyGram, in a press release. “We’re hopeful it will increase efficiency and improve services to MoneyGram’s customers.”

Ripple strives to improve cross-border payments

Ripple is focused on fixing the inefficiencies and problems that exist in cross-border payments, regardless of whether those payments originate with a bank, corporate or another financial institution.

“The payments problem doesn’t just affect banks, it also affects companies like MoneyGram, which help people get money to the ones they care about,” said Brad Garlinghouse, CEO of Ripple. “By using a digital asset like XRP that settles in three seconds or less, our clients can move money as quickly as information.”

For more information about xRapid, visit Ripple’s Solutions page.



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Re: OT any of you investing in Crypto? 

Post#435 » by IllmaticHandler » Wed Jan 17, 2018 3:17 am

Greenie wrote:,,,



Greens you a Banker. You see Banks losing the war against crypto currencies?
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Re: OT any of you investing in Crypto? 

Post#436 » by RHODEY » Wed Jan 17, 2018 3:20 am

IllmaticHandler wrote:
Greenie wrote:,,,



Greens you a Banker. You see Banks losing the war against crypto currencies?


That's like asking asking a Christian if they like Jesus.
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Re: OT any of you investing in Crypto? 

Post#437 » by IllmaticHandler » Wed Jan 17, 2018 3:25 am

RHODEY wrote:
IllmaticHandler wrote:
Greenie wrote:,,,



Greens you a Banker. You see Banks losing the war against crypto currencies?


That's like asking asking a Christian if they like Jesus.


Well this has nothing to with religious mumbo jumbo...also she had money in crypto, so she is not against it. That's her field, she knows more about Banking than any of us. I want her take plain and simple.
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Re: OT any of you investing in Crypto? 

Post#438 » by Greenie » Wed Jan 17, 2018 3:55 am

IllmaticHandler wrote:
Greenie wrote:,,,



Greens you a Banker. You see Banks losing the war against crypto currencies?

No
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Re: OT any of you investing in Crypto? 

Post#439 » by Greenie » Wed Jan 17, 2018 3:56 am

RHODEY wrote:
IllmaticHandler wrote:
Greenie wrote:,,,



Greens you a Banker. You see Banks losing the war against crypto currencies?


That's like asking asking a Christian if they like Jesus.

:lol:
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Re: OT any of you investing in Crypto? 

Post#440 » by IllmaticHandler » Wed Jan 17, 2018 4:05 am

Greenie wrote:
IllmaticHandler wrote:
Greenie wrote:,,,



Greens you a Banker. You see Banks losing the war against crypto currencies?

No


Give me a reason why...

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