Official cryptocurrency thread (Bitcoin, Ethereum, Altcoin)

[TightEnd]

New cryptocurrency finds unlikely fan in Harry Redknapp

https://www.theguardian.com/technology/2017/oct/12/harry-redknapp-cryptocurrency-electroneum-twitter?utm_term=Autofeed&CMP=twt_b-gdnnews#link_time=1507833371

[AndrewT]

New cryptocurrency finds unlikely fan in Harry Redknapp

https://www.theguardian.com/technology/2017/oct/12/harry-redknapp-cryptocurrency-electroneum-twitter?utm_term=Autofeed&CMP=twt_b-gdnnews#link_time=1507833371

If that takes off then Rosie will be the richest dog in the world.

[acegooner]

Warnings grow louder over cryptocurrency as valuations soar https://amp.theguardian.com/technology/2017/oct/08/cryptocurrencies-bitcoin-ethereum-bubble

This sort of thing will fall on deaf ears for those that have fallen for the great crypto con trick. Like in poker being results orientated only carries any credence if you are making +ev decisions.

How do you measure the equivalent of EV in crypto currencies, the answer is you can't. And for that reason I am out until they correct to more sensible levels.

You're going to wait until they start going down before investing. Smart move 

If you're talking long term investment then I get what you're saying but for now as they keep soaring punters' gonna punt.

Funnily enough, human nature/psychology causes people to buy investments when they are going north. It might sound like a simple statement to wait for a correction, but it takes balls to put your money on the table when everyone else is heading for the exit door.

Regardless, in my opinion, cryptos should form a very small part of any portfolio, and that's only if you are prepared to lose the lot. Sadly FOMO, has meant a lot of people have gone deep into cryptos with no consideration for diversification. Essentially they are reliant on newbies forcing the prices higher.

Some people don't even consider the tax implications of holding cryptos. Next time someone raves about cryptos, ask them if they know what their CGT allowance is this tax year.
 




 

[acegooner]

New cryptocurrency finds unlikely fan in Harry Redknapp

https://www.theguardian.com/technology/2017/oct/12/harry-redknapp-cryptocurrency-electroneum-twitter?utm_term=Autofeed&CMP=twt_b-gdnnews#link_time=1507833371

Probably the dodgiest man in football gets involved in arguably the riskiest asset class on the planet right now. Mmmmmmm.

[SuuPRlim]

Didn't take long for you to recover lasts nights apprentice losses

#bitcoin5k

Pretty sure I made money somehow during Jeff's shitshow

[TightEnd]

Doug Polk
As of today I am excited to announce my next project. Today is the official launch of my CryptoCurrency news site https://t.co/r7Y1Pd0zpD!

[rfgqqabc]

Adam Ludwin‏
@adamludwin
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I wrote a letter to Jamie Dimon (and anyone else still struggling to understand cryptocurrencies)

https://blog.chain.com/a-letter-to-jamie-dimon-de89d417cb80

Very valuable read for anyone who is interested in the cryptocurrency space, both as an investor or as an outsider.



My friends research firm published their first report today. Its a bearish piece on what is effectively and reasonably wordy, but its also the best report I think I've read on a singular cryptocurrency. Any feedback would be welcome.


https://lighthousecrypto.com/veritaseum/

[Doobs]

Doug Polk
As of today I am excited to announce my next project. Today is the official launch of my CryptoCurrency news site https://t.co/r7Y1Pd0zpD!

Just seen this.  Reading his twitter, I saw this. 

Naturally anyone who writes for us is invested in major cryptocurrencies, however interests will be disclosed for less mainstream cryptos..

Presumably if I sold all my shares, I'd "naturally" have nothing useful to say on equities at more.  I strongly suspect that would be the time I'd be saying my most useful stuff. 

Kind of sad to here about Doug, he has produced such good content for poker, and even though the site looks nice, I don't see this as positive for his "brand".

[SuuPRlim]

bitcoin gonna bitcoin today

[POWWWWWWWW]

[youthnkzR]

$6k!

[Longines]

Mastercard Will Now Let You Pay With Blockchain—But Not Bitcoin

http://fortune.com/2017/10/20/mastercard-blockchain-bitcoin/

[acegooner]

Adam Ludwin‏
@adamludwin
Follow Follow @adamludwin
More
I wrote a letter to Jamie Dimon (and anyone else still struggling to understand cryptocurrencies)

https://blog.chain.com/a-letter-to-jamie-dimon-de89d417cb80

Very valuable read for anyone who is interested in the cryptocurrency space, both as an investor or as an outsider.



My friends research firm published their first report today. Its a bearish piece on what is effectively and reasonably wordy, but its also the best report I think I've read on a singular cryptocurrency. Any feedback would be welcome.


https://lighthousecrypto.com/veritaseum/

Thanks for posting this, it's nice to read a balanced view from the "inside" so to speak. I haven't read all of it but will have another look when I get a spare moment.

[GreekStein]

Where are the haters ?

[RED-DOG]

Where are the haters ?

America?


https://en.wikipedia.org/wiki/The_Haters