Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 03-31-2018, 11:58 AM
9,639 posts, read 6,014,802 times
Reputation: 8567


Originally Posted by Sleychas View Post
What is crypto for u?
This is rly important question, so, which cryptocurrency u use and why? Thinking about trading, cus i know some guys who have big profit from crypto
You're too late to the party.

Move along.
Reply With Quote Quick reply to this message

Old 04-08-2018, 03:53 AM
106,592 posts, read 108,739,314 times
Reputation: 80081
it sucks as a currency .it is far to volatile . you can buy a bunch of socks and an hour later find you paid a thousand bucks in value for them lol .

currency needs to be stable so you know what you are paying .
Reply With Quote Quick reply to this message
Old 04-08-2018, 07:44 AM
7,899 posts, read 7,109,416 times
Reputation: 18603
Originally Posted by RjMaan View Post
Crypto is a kind of e-currency and it is very popular in these days.
Popular? I have never bought anything using crypto currency. Don't know anyone who has. Don't know any stores that will accept them. More imaginary than popular.
Reply With Quote Quick reply to this message
Old 04-08-2018, 07:50 PM
Location: Honolulu, HI
24,600 posts, read 9,440,677 times
Reputation: 22940
Crypto is great if you got in early. That party was over two years ago
Reply With Quote Quick reply to this message
Old 04-10-2018, 08:56 PM
9,368 posts, read 6,969,068 times
Reputation: 14772
Crypto is ok longer term in theory but for now it’s FOTM.
Reply With Quote Quick reply to this message
Old 04-20-2018, 09:17 AM
Location: Chattanooga, TN
57 posts, read 65,300 times
Reputation: 126
Reply With Quote Quick reply to this message
Old 04-20-2018, 05:47 PM
7,430 posts, read 4,675,108 times
Reputation: 5502
It doesn't hold its current value (i.e., way overvalued) because the decimals are too many (research satoshis) For example, instead of 22 Million finite bitcoins, which people are buying thinking the limited number will make it valuable going forward, people can actually buy only decimals of it.

So, 22,000,000 with 1 decimal makes it 220,000,000 units; 2 decimals makes it 2,220,000,000 units and so forth. Not really uncommon is it?

Question is when will people realize this?

Of course to transact, you have to have decimals but does the volume of decimal units out there justify the price? The more the supply, the lower the price right?

Last edited by Yippeekayay; 04-20-2018 at 06:05 PM..
Reply With Quote Quick reply to this message
Old 04-26-2018, 03:29 AM
1 posts, read 4,372 times
Reputation: 10
It is sensation.. or possibly fraud... think of it, bitcoin is issued by a private company owned by a Japanesely named folk? Is anyone regulating it? No one! Thus they can issue as many coins as they want! Well, federal tells you they printed 100 stacks this year but 150 stacks actually printed(It just a example).. So If I were Satoshi, I would make the bitcoins price go crazy, because I am holding tons of them! Possibly he succeeds and well promoted his stuff with any other finance group. So please think of 150billion market cap (This is what and where I read from: [url]www.citicoins.com[/url]) that in his hand!

Last edited by CoinsGazer; 04-26-2018 at 03:35 AM.. Reason: resource failed to add
Reply With Quote Quick reply to this message
Old 05-16-2018, 10:23 AM
1 posts, read 4,269 times
Reputation: 10
I would definetly try crypro. After i take a installment loans for bad credit at http://aupaydayloans.com/installment...or-bad-credit/. It really helped me to cover my expenses. It should really help you as well.
Reply With Quote Quick reply to this message
Old 05-17-2018, 11:11 AM
Location: All Over
4,003 posts, read 6,096,237 times
Reputation: 3162
Originally Posted by jrkliny View Post
Crypto has not crashed, but sooner or later it will. For the US only the Federal government can issue money. Sooner or later, if it becomes a big enough issue, it will not be allowed.
Actually the government has been saying the exact OPPOSITE of what you just said. They are fairly supportive and said they don't want to stifle innovation. Many major investment banks are also making plays in the crypto space.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top