OT any of you investing in Cryptocurrencies?

[Greenie]

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

No

Give me a reason why...

Too much money in banking. We didn't let banks lose the war to their own stupidity. Paper money will leave though. But banks? Nah. That's before you even get into real numbers.

[IllmaticHandler]

No

Give me a reason why...

Too much money in banking. We didn't let banks lose the war to their own stupidity. Paper money will leave though. But banks? Nah. That's before you even get into real numbers.

Indeed. To much damn money to lose. To fuccking much.

[Greenie]

Many people don't even understand what crypto currency actually is. Hell, I don't fully understand it. It's in too few hands, hard to buy/sell and then you have all of the scams. So which one do you invest in? It's just too volatile at this point.

[IllmaticHandler]

Nany people don't even understand what crypto currency actually is. Hell, I don't fully understand it. It's in too few hands, hard to buy/sell and then you have all of the scams. So which one do you invest in? It's just too volatile at this point.

I mean come on they got some schit called DentaCoin. all these garbage coins. The best scam in the industry right now is come up some lofty ambitious idea. Create a web page...create a team, and you can become rich quick.

[Phish Tank]

Nany people don't even understand what crypto currency actually is. Hell, I don't fully understand it. It's in too few hands, hard to buy/sell and then you have all of the scams. So which one do you invest in? It's just too volatile at this point.

that's my biggest issue honestly. I'm not in banking, but this stuff is very very complex and I don't invest in anything I don't fully understand

[Greenie]

Nany people don't even understand what crypto currency actually is. Hell, I don't fully understand it. It's in too few hands, hard to buy/sell and then you have all of the scams. So which one do you invest in? It's just too volatile at this point.

I mean come on they got some schit called DentaCoin. all these garbage coins. The best scam in the industry right now is come up some lofty ambitious idea. Create a web page...create a team, and you can become rich quick.

Bingo.

It's a lot that needs to be dealt with over there. I'm watching it though. Very interesting.

[Mecca]

That's why I think ripple wins in the long term. Paper money will die. Newspapers, paperback books, print media all died. Paper money is next.

Big banks practically have more control than the president. They'll never take an L.


In some corrupt or 3rd world countries where their banks can't be trusted? Maybe

[IllmaticHandler]

in a month there will be a coin talking about it can help the homeless thru blockchain...

[ITGM]

[ChilledAlex]

F*#&!!! Is it too late for me to jump in this ponzi scheme?

[E-Balla]

Nany people don't even understand what crypto currency actually is. Hell, I don't fully understand it. It's in too few hands, hard to buy/sell and then you have all of the scams. So which one do you invest in? It's just too volatile at this point.

I mean come on they got some schit called DentaCoin. all these garbage coins. The best scam in the industry right now is come up some lofty ambitious idea. Create a web page...create a team, and you can become rich quick.

Bingo.

It's a lot that needs to be dealt with over there. I'm watching it though. Very interesting.

Y'all thinking about this all wrong. Its not about the banks losing. Its about Western Union and other wiring services losing AT LEAST (probably credit companies too). Cryptocurrencies aren't profitable because they're a new currency. Its because they're a new technology that does things we do through other means hundreds (in some cases thousands) of times more efficiently. The blockchain is going nowhere. Its just too great. This is like saying the dot com boom was fake too.

Now most of these coins will die but the most technologically advanced, best marketed, and biggest coins will stay as a new service or company. Bet on that. Long term its just about finding out which is the real and which is the fake. Short term its about getting in before everyone and their momma gets in because its gonna keep exploding.

[IllmaticHandler]

I mean come on they got some schit called DentaCoin. all these garbage coins. The best scam in the industry right now is come up some lofty ambitious idea. Create a web page...create a team, and you can become rich quick.

Bingo.

It's a lot that needs to be dealt with over there. I'm watching it though. Very interesting.

Y'all thinking about this all wrong. Its not about the banks losing. Its about Western Union and other wiring services losing AT LEAST (probably credit companies too). Cryptocurrencies aren't profitable because they're a new currency. Its because they're a new technology that does things we do through other means hundreds (in some cases thousands) of times more efficiently. The blockchain is going nowhere. Its just too great. This is like saying the dot com boom was fake too.

Now most of these coins will die but the most technologically advanced, best marketed, and biggest coins will stay as a new service or company. Bet on that. Long term its just about finding out which is the real and which is the fake. Short term its about getting in before everyone and their momma gets in because its gonna keep exploding.

My dude Western Union is a pebble to global banking. And the whole point of creating bitcoin was to take power from the banks and put that power directly in peoples hands. It was started during the banking epidemic in the late 2000's..numerous posters have even commented in here they are against banks. which is why some are against ripple..which is some of the most ADVANCED TECH in this space. They dont give a **** about the tech when it comes to ripple, So again it comes back to Banks.They did not start crypto to take on western union . Also, credit companies are banks. If that schit ain't AMEX or Discover its a BANK behind it. What the hell are you talking about...You are looking at wrong and is highly misinformed saying this. Decentralization is first and foremost about Banking. Not a wiring service. Especially when there are these damn fees just to send crypto or buy crypto juts like a wiring service. You not making any sense with what you just said...lol

[E-Balla]

Bingo.

It's a lot that needs to be dealt with over there. I'm watching it though. Very interesting.

Y'all thinking about this all wrong. Its not about the banks losing. Its about Western Union and other wiring services losing AT LEAST (probably credit companies too). Cryptocurrencies aren't profitable because they're a new currency. Its because they're a new technology that does things we do through other means hundreds (in some cases thousands) of times more efficiently. The blockchain is going nowhere. Its just too great. This is like saying the dot com boom was fake too.

Now most of these coins will die but the most technologically advanced, best marketed, and biggest coins will stay as a new service or company. Bet on that. Long term its just about finding out which is the real and which is the fake. Short term its about getting in before everyone and their momma gets in because its gonna keep exploding.

My dude Western Union is a pebble to global banking. And the whole point of bitcoin/crypto was to take power from the banks...numerous posters have even commented in here they are against banks.They did not start it to take on western union :lol: :lol: . What the fucck are you talking about...You are looking at wrong and is highly misinformed.

Just because they didn't start it to take on Western Union doesn't mean that's not what it's ending function would be. The internet wasn't started to take over cable, traditional news publications, or traditional shopping but lo and behold it is. Tons of tech is used for different things than originally intended. Wire transfers take a day, cost $25, and have a limited amount that can be sent at once. Western Union takes a day or two to send, costs $5, and you can't send over $1000 iirc. Litecoin (for example) transfers within 4 or 5 minutes with a minimum of 3, costs under 10 cent for most transactions, and is unlimited in the amount it can send.

It just obliterates current technologies being used. No way banks are going to just let that go. Ripple is proof enough that at some point banks will dive into crypto technologies. And you gotta remember block chain is just beginning. Who knows what it will support in 5, 10, 20 years. It took nearly 20 years for video encoding to first pop up on the internet. Like come on man you're just not thinking about this from the mindset of a computer scientist. If you were you'd understand the importance of a major leap in technology like this.

[IllmaticHandler]

Y'all thinking about this all wrong. Its not about the banks losing. Its about Western Union and other wiring services losing AT LEAST (probably credit companies too). Cryptocurrencies aren't profitable because they're a new currency. Its because they're a new technology that does things we do through other means hundreds (in some cases thousands) of times more efficiently. The blockchain is going nowhere. Its just too great. This is like saying the dot com boom was fake too.

Now most of these coins will die but the most technologically advanced, best marketed, and biggest coins will stay as a new service or company. Bet on that. Long term its just about finding out which is the real and which is the fake. Short term its about getting in before everyone and their momma gets in because its gonna keep exploding.

My dude Western Union is a pebble to global banking. And the whole point of bitcoin/crypto was to take power from the banks...numerous posters have even commented in here they are against banks.They did not start it to take on western union . What the fucck are you talking about...You are looking at wrong and is highly misinformed.

Just because they didn't start it to take on Western Union doesn't mean that's not what it's ending function would be. The internet wasn't started to take over cable, traditional news publications, or traditional shopping but lo and behold it is. Tons of tech is used for different things than originally intended. Wire transfers take a day, cost $25, and have a limited amount that can be sent at once. Western Union takes a day or two to send, costs $5, and you can't send over $1000 iirc. Litecoin (for example) transfers within 4 or 5 minutes with a minimum of 3, costs under 10 cent for most transactions, and is unlimited in the amount it can send.

It just obliterates current technologies being used. No way banks are going to just let that go. Ripple is proof enough that at some point banks will dive into crypto technologies. And you gotta remember block chain is just beginning. Who knows what it will support in 5, 10, 20 years. It took nearly 20 years for video encoding to first pop up on the internet. Like come on man you're just not thinking about this from the mindset of a computer scientist. If you were you'd understand the importance of a major leap in technology like this.

Negro sit yo ass down and read my edit. You wrong. Funny how no one brings up western union is the enemy untill you did

Also western union damn sure don't take a day or two. I have received westerunion all the time within one hour. You switching the argument to tech and that's not the point here. your opening statement is that its to make western union lose and not banks. Thats FALSE.

[E-Balla]

My dude Western Union is a pebble to global banking. And the whole point of bitcoin/crypto was to take power from the banks...numerous posters have even commented in here they are against banks.They did not start it to take on western union . What the fucck are you talking about...You are looking at wrong and is highly misinformed.

Just because they didn't start it to take on Western Union doesn't mean that's not what it's ending function would be. The internet wasn't started to take over cable, traditional news publications, or traditional shopping but lo and behold it is. Tons of tech is used for different things than originally intended. Wire transfers take a day, cost $25, and have a limited amount that can be sent at once. Western Union takes a day or two to send, costs $5, and you can't send over $1000 iirc. Litecoin (for example) transfers within 4 or 5 minutes with a minimum of 3, costs under 10 cent for most transactions, and is unlimited in the amount it can send.

It just obliterates current technologies being used. No way banks are going to just let that go. Ripple is proof enough that at some point banks will dive into crypto technologies. And you gotta remember block chain is just beginning. Who knows what it will support in 5, 10, 20 years. It took nearly 20 years for video encoding to first pop up on the internet. Like come on man you're just not thinking about this from the mindset of a computer scientist. If you were you'd understand the importance of a major leap in technology like this.

Negro sit yo ass down and read my edit. You wrong. Funny how no one brings up western union is the enemy untill you did

You're too focused on what people want crypto to be vs what it makes sense for crypto to become and what crypto is. There's no way I'm the only person on the whole damn internet saying crypto can replace Western Union transfers and bank wires. Come on now...

[IllmaticHandler]

Just because they didn't start it to take on Western Union doesn't mean that's not what it's ending function would be. The internet wasn't started to take over cable, traditional news publications, or traditional shopping but lo and behold it is. Tons of tech is used for different things than originally intended. Wire transfers take a day, cost $25, and have a limited amount that can be sent at once. Western Union takes a day or two to send, costs $5, and you can't send over $1000 iirc. Litecoin (for example) transfers within 4 or 5 minutes with a minimum of 3, costs under 10 cent for most transactions, and is unlimited in the amount it can send.

It just obliterates current technologies being used. No way banks are going to just let that go. Ripple is proof enough that at some point banks will dive into crypto technologies. And you gotta remember block chain is just beginning. Who knows what it will support in 5, 10, 20 years. It took nearly 20 years for video encoding to first pop up on the internet. Like come on man you're just not thinking about this from the mindset of a computer scientist. If you were you'd understand the importance of a major leap in technology like this.

Negro sit yo ass down and read my edit. You wrong. Funny how no one brings up western union is the enemy untill you did

You're too focused on what people want crypto to be vs what it makes sense for crypto to become and what crypto is. There's no way I'm the only person on the whole damn internet saying crypto can replace Western Union transfers and bank wires. Come on now...

No you come on. You Opening statement is its to make western union lose and that's false. Nobody is into crypto because they thinking about western union. More Millenials use pay pal than western union anyway.So what are you talking about...lol. You sitting here trying to double down on a statement that is incorrect. Its sad you won't admit that its wrong. We not arguing about the tech, especially when i was praising the tech of crypto a page earlier. So to be honest, you off the subject of what my argument is when you quoted me, and just talking to talk. Are they not Scam Coins? YES, so WTH are you talking about... Thats what you quoted me on. I did not say Crypto itself was a scam.... I said the best scam can happen in the crypto space these days. Did you not just see what happened to BITCONNECT? You just arguing to argue, and is off topic.

[E-Balla]

Ill in 1975: "Cable will never take over network television. The network stations and FCC will never let that happen"

Ill in 1985: "The Internet will never take over the news industry. The government and news media will never let jobs be taken like that"

Ill in 1995: "EBay, Amazon, and the internet will never take over commerce. There's no way traditional stores will let them gain enough power to destroy their stores and take out real jobs"

Ill in 2005: "There's no way Netflix and YouTube will kill network television and cable. No way the powerful TV industry will let these technologies take over"

[E-Balla]

Negro sit yo ass down and read my edit. You wrong. Funny how no one brings up western union is the enemy untill you did

You're too focused on what people want crypto to be vs what it makes sense for crypto to become and what crypto is. There's no way I'm the only person on the whole damn internet saying crypto can replace Western Union transfers and bank wires. Come on now...

No you come on. You Opening statement is its to make western union lose and that's false. Nobody is into crypto because they thinking about western union. More Millenials use pay pal than western union anyway.So what are you talking about...lol. You sitting here trying to double down on a statement that is incorrect. Its sad you won't admit that its wrong. We not arguing about the tech, especially when i was praising the tech of crypto a page earlier. So to be honest, you off the subject of what my argument is when you quoted me, and just talking to talk. Are they not Scam Coins? YES, so WTH are you talking about... Thats what you quoted me on. I did not say Crypto itself was a scam.... I said the best scam can happen in the crypto space these days. Did you not just see what happened to BITCONNECT? You just arguing to argue, and is off topic.

You must've missed the part of my post when I said most coins will die then. I never said half these **** weren't scams. They are. But long term some of them will make it. You're the one who responded to my post talking like Crypto won't one day take over wire transfers and things like PayPal and Western Union. Seriously if you agreed with my point why respond...

[ChilledAlex]

You're too focused on what people want crypto to be vs what it makes sense for crypto to become and what crypto is. There's no way I'm the only person on the whole damn internet saying crypto can replace Western Union transfers and bank wires. Come on now...

No you come on. You Opening statement is its to make western union lose and that's false. Nobody is into crypto because they thinking about western union. More Millenials use pay pal than western union anyway.So what are you talking about...lol. You sitting here trying to double down on a statement that is incorrect. Its sad you won't admit that its wrong. We not arguing about the tech, especially when i was praising the tech of crypto a page earlier. So to be honest, you off the subject of what my argument is when you quoted me, and just talking to talk. Are they not Scam Coins? YES, so WTH are you talking about... Thats what you quoted me on. I did not say Crypto itself was a scam.... I said the best scam can happen in the crypto space these days. Did you not just see what happened to BITCONNECT? You just arguing to argue, and is off topic.

You must've missed the part of my post when I said most coins will die then. I never said half these **** weren't scams. They are. But long term some of them will make it. You're the one who responded to my post talking like Crypto won't one day take over wire transfers and things like PayPal and Western Union. Seriously if you agreed with my point why respond...

Tell me a reason why some cryptocurrency will replace paypal?

[IllmaticHandler]

You're too focused on what people want crypto to be vs what it makes sense for crypto to become and what crypto is. There's no way I'm the only person on the whole damn internet saying crypto can replace Western Union transfers and bank wires. Come on now...

No you come on. You Opening statement is its to make western union lose and that's false. Nobody is into crypto because they thinking about western union. More Millenials use pay pal than western union anyway.So what are you talking about...lol. You sitting here trying to double down on a statement that is incorrect. Its sad you won't admit that its wrong. We not arguing about the tech, especially when i was praising the tech of crypto a page earlier. So to be honest, you off the subject of what my argument is when you quoted me, and just talking to talk. Are they not Scam Coins? YES, so WTH are you talking about... Thats what you quoted me on. I did not say Crypto itself was a scam.... I said the best scam can happen in the crypto space these days. Did you not just see what happened to BITCONNECT? You just arguing to argue, and is off topic.

You must've missed the part of my post when I said most coins will die then. I never said half these **** weren't scams. They are. But long term some of them will make it. You're the one who responded to my post talking like Crypto won't one day take over wire transfers and things like PayPal and Western Union. Seriously if you agreed with my point why respond...

How can I agree when you said I am wrong WTF You are a cocky dude so I understand you cant admit you was off base. The Banks are the peoples enemy. Not PayPal and western union. Like I said...you have to pay fees there as well. So you not escaping fees in any space. You went into tangents about tech when I never was against the tech. Again I praised the tech numerous times. Im going to defend that sorry. The reality was your statement was off base on how you presented it to me telling me I am wrong in the way I look at it. I was talking about scam coins and you went off the point telling me I am wrong . ....you wont admit it, but that wont change the fact you was off base. You started the argument with its about making western union lose...which is 100% false. Western Union is NOT the elephant in the room at all. I attacked that point only from the jump. Pay attention. Re-read if you have to. Its all there.