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  • Crypto Currency - Believers Only

Wally It will continue to be Bitcoin, the users pay the fees remember

    Even though the fees are small now, fast forward to the 2030s when bitcoins price is in the millions, this is why miners will still be incentivised to keep the hash rate up.

    Very very clever design

    +ALERT/+/+ doge to the moon /+

    -ALERT/-/- doge to the moon /-

      Amps His tweets don’t really have that much effect now which is good

        a month later

        If most of these cryptos aren’t the biggest fucking game of musical chairs, i will eat my hat. At some stage, a lot of poor cunts are going to left significantly out of pocket with absolutely fuck all squared to show for it! A proper sham for the majority of cases.

          Si, read the thread title, believers only in here, no FUD allowed!

          -si- Any new technology that comes along has a phase where every man and his dog tries to join in. Then as the industry matures, becomes more accepted and real growth starts, natural winners start to come out and the rest fall to the side and are forgotten about to the point there’s usually only two or three real options.

          I agree that’s highly likely to happen here. That doesn’t mean the whole thing is going to collapse. I can’t see ETH or BTC going anywhere soon and there’s a lot of room for other more bespoke blockchains that offer something unique.

              Smallman1
              Death knell.

              Like Dave turning up at the Chinese just as everyone’s about to order

                Feel like this is somehow a response to both Wally and MC’s posts.

                Wally

                Check my post again, wal, def not saying every one of them, mate. There seems to be a huge amount though and as you say, every cunt and his dog are now experts in trading crypto.

                    -si- no, you check MY post again mate! I agree with you 🙂 lol.

                        -si- This is true, I’ve been chatting to a few contractors at work recently and many are dabbling in crypto but almost all of them are investing in so-called memecoins which are essentially scams which are hyped on social media which is sad to hear.

                        A fool and his money…

                          Wally
                          Hang on. You can’t just agree like that. THIS IS THE INTERNET!!!

                            6 days later

                            ‘Owner controlled vs a co-operative’, that’s the end of that then. Crypto will soon be framed as a ‘subversive communist operation to destabilise the good old US of A’.

                            CryptNO currency more like.

                            I’m off for a very long walk.

                            Liquidity problems for hedge funds etc

                            Amps Have a few in my portfolio now, holding for the future. I used to be so sceptical but now I ignore my personal thoughts and just see them as investments like many others

                            • Amps replied to this.

                                Hursty Without giving away any specifics… what genres and formats have you gone for?

                                    Amps a variety, some are more game related, others just collectible artwork.

                                    • Amps replied to this.

                                        Hursty So, artwork would be jpgs? Video files? And the game stuff would be 3D objects? What file types are those? objs? Stored where? DM me bro!

                                            Amps yeah many projects use IPFS to store the files, which is essentially a decentralised storage protocol for long term keeping.

                                            I’m looking at one which is dropping on Saturday which is a horse race management game, check out @equinenft on Twitter, potentially very lucrative https://www.equine.gg/

                                                Hursty what’s wrong with a hard drive to store digital pictures? Am I missing something?

                                                    benson With NFTs, if the image that the token references goes offline then you have no artwork, so using something like IPFS which is a decentralised storage solution built on the Internet pretty much guarantees the availability long after we’ve all succumbed to covid or given up on life and live on Mars or the Metaverse

                                                      Have heard better pitches from mop sellers if I’m honest Hursty la 😂

                                                      But… if people are daft enough to buy, fair play

                                                      I may be wrong because I’m an ignorant bastard but these NFTs sound like magic beans. A colleague told me today about people buying property on the metaverse. Property that is virtual but will be worth millions in years to come. Zuckerberg fan boys sicken my shit.

                                                        LT42 The issue is, it’s happening, it’s coming, you may not like or agree with the technology but the speed at which the world it inhabits is changing is frightening, deffo worth hedging your bets.

                                                        Nothing surprises me now, apart from the financial use cases of distributed ledger technology which is the future of finance, anything else like NFTs is a punt for me

                                                          23 days later

                                                          Are you saying it’s all bollocks Amps?

                                                          Shirley not

                                                          • Amps replied to this.

                                                            Mad_Cyril It’s possible that all art is in fact ‘bollocks’.