Cryptocurrency investments

[MyMarvellousMoney]

I think it will recover. I've made small investments in Litecoin and Bitcoin and although it went down dramatically, it's gone right back up today. The whole risk of cryptocurrency investments is that they're volatile and it seems as though we just have to ride the wave!

 

[Jon]

http://www.bbc.co.uk/news/business-42940728

Well that's not good news

 

[Scott@KarmaContent]

Wow, you'd have to be mental to buy cryptocurrency on a credit card.

Have you been following the news about Tether? Could turn out to be one of the biggest scams of all time.

https://www.exchangerates.org.uk/news/20439/tale-of-two-halves-for-bitcoin-over-the-weekend.html

 

[doritqueenofspinach]

i tried an app called Icentre you can put bitcoin and litecoin in it.. only put £50 to start but see it did make a very small amount

 

[Jon]

We're never going to find aliens now thanks to all your cyrptocurrency folk!

http://www.bbc.co.uk/news/technology-43056744

 

[MyMarvellousMoney]

We're never going to find aliens now thanks to all your cyrptocurrency folk!

http://www.bbc.co.uk/news/technology-43056744

Sorry my comp froze! I literally had a conversation with someone about this (not the alien part) the other day! He was saying he doesn't like the volatile cryptocurrency market because its raising the cost of GPUs...

 

[The Reverend]

@Jon

Quick! Get it while it's hot!



https://www.cnet.com/how-to/find-out-if-websites-are-mining-bitcoin-cryptocurrency/

 

[Jon]

@Jon

Quick! Get it while it's hot!



https://www.cnet.com/how-to/find-out-if-websites-are-mining-bitcoin-cryptocurrency/

I read about this the other week. Worryingly quite a few UK .gov.uk websites are running the code unknowingly

https://news.sky.com/story/hackers-...-and-infect-thousands-more-worldwide-11246618

 

[The Reverend]

I read about this the other week. Worryingly quite a few UK .gov.uk websites are running the code unknowingly

https://news.sky.com/story/hackers-...-and-infect-thousands-more-worldwide-11246618

'unknowingly'....

http://www.bbc.co.uk/news/world-europe-43003740

(in unrelated news, I'm always suprised that large company IT Teams don't install affiliate software so they get paid when people buy stuff from companies. Low/no impact to IT resources but could be a good little earner for someone)

 

[RickyRaj]

Just withdrawn $600 from my eToro account so let's see how long it takes to come through.

 

[gavvy]

I use an app called Revolut for foreign spend when im on hols, I noticed that they have just started to offer Cryptocurrency, can't say I have looked into it much but they charge 1.5%

Anyone used them?

 

[Jon]

I use an app called Revolut for foreign spend when im on hols, I noticed that they have just started to offer Cryptocurrency, can't say I have looked into it much but they charge 1.5%

Anyone used them?

They are a travel card yeah?

I decided to use FairFX in the end as there were a fair amount of negative reviews on Revolut, well enough to scare me off using it lol

 

[gavvy]

They are a travel card yeah?

I decided to use FairFX in the end as there were a fair amount of negative reviews on Revolut, well enough to scare me off using it lol

I have uawd them now for 3 years with no real issues. Ccustomer service could be better mind.

 

[Jon]

I have uawd them now for 3 years with no real issues. Ccustomer service could be better mind.

Yeah even fairfx I hit a sticky wicket with when we were at Disney Springs and the card literally STOPPED WORKING!!

 

[Cas]

Anyone still alive in here ?

 

[Happyman]

I'm here - alive and well

I kept adding to my Cryptocurrencies as they were just going up and up. Unfortunately they have dropped significantly recently. I'm not sure whether to just cash out at a loss or hold tight and hold for the best. It is a guessing game after all.

 

[Jamke]

It’s always been too volatile and unpredictable for me personally. Although well done to the ones who bought into it from the beginning and cashed out at its peak!

 

[Jon]

It’s always been too volatile and unpredictable for me personally. Although well done to the ones who bought into it from the beginning and cashed out at its peak!

Yeah it just seems to be endlessly heading south now (surely but slowely)

I've seen some right 'experts' all over Facebook over the last 18 months trying to get people to invest under them in very random bitcoin-related stuff.

The whole thing seems to have taken a very MLM turn

 

[The Reverend]

Yeah it just seems to be endlessly heading south now (surely but slowely)

I've seen some right 'experts' all over Facebook over the last 18 months trying to get people to invest under them in very random bitcoin-related stuff.

The whole thing seems to have taken a very MLM turn

If you are generating BC then its all good.

If you are looking to trade in BC (pay cash for BC) then all is bad.

Remember, no matter how cheaply you can buy your tech, there are BC farms in countries you can’t imagine, the size you’d not believe, where they don’t pay for the electricity and have these things running 24/7.

I think the BC bubble burst when ‘traditional’ investors thought they could make a quick buck. Price could then be ‘pumped and dumped’ which is exactly what happened.

Mind you, my ‘traditional’ shares have taken a tumble but I’m in it for the long time, not a good time!

 

[Jon]

Crypto seems to be having a bit of a flash crash sale at the moment!

Does anyone know what's up with it?