Fear of missing out

[Pat494]

http://www.bbc.co.uk/news/technology-42275523

It is an area infested by crooks.
So watch out.

 

[kalott]

There are old traders and there are bold traders, but there are very few old, bold traders.
— Ed Seykota

 

[tar]

 

[Nowler]

I'm struggling to breathe...

 

[brewski1984]

@bubble phases , we are currently in the delusional/mania phase .

Hit 19k now dropped down to under 15k... are we in the bull trap phase?

 

[brewski1984]

Instead of dwelling on the past , lets live the moment :

XRP = Ripple

Price around $0.24

Date 9th Dec 2017

Who is going to :

1- Enter right now right here .

2- Buy a decent amount by investing real money = $10000 .

3- Wait and hold on your dear life - HODL - until it reaches $15000 like bitcoin . Please dont come back and say i closed for 100% , hold for ever .

And here is a link to news to encourage the timid :

https://www.influencive.com/amex-ripple-partner/


Who is going to do it ? I know i wont , and this post isnt a recommendation either .

If you guys wont do it now , then you certainly cant regret about not investing in Bitcoin a few years back .

Ripple was actually one that I had considered a few days ago, although “decent money” is relative and a few hundred would be my limit I’m tempted to have a punt.

Who would be a good broker to buy ripple through?

 

[Nowler]

Ripple was actually one that I had considered a few days ago, although “decent money” is relative and a few hundred would be my limit I’m tempted to have a punt.

Who would be a good broker to buy ripple through?

I have no opinion or experience with Avatrade but when looking at them recently I saw they offer services in regards to Ripple, amongst others. You can short cryptos too of course

Here's a copy and paste from a page on the site:

"Why trade cryptocurrencies with AvaTrade
AvaTrade offers competitive spreads, with no commissions charged on transactions making it more profitable. When trading with AvaTrade you are trading on the price changes of the digital coin, and not physically purchasing it. Trading with AvaTrade ensures that you will trade with a 100% reputable broker. More reasons to trade cryptocurrencies with AvaTrade today are:

Start trading with as little as $100
Benefit from a wide range of top traded cryptocurrencies on the market
Competitive swap rates
All pairs can be shorted
Up to 20:1 leverage
Around the clock service and support in 14 languages
Live quotes and charts for your reference
Various trading platforms for all level traders
Powerful MT4 Platform and AvaTradeGO, the newly linked mobile app"


Again, I just came across them. I have not opened an account yet

 

[tar]

Hit 19k now dropped down to under 15k... are we in the bull trap phase?

Cant be sure mate , no one can predict the top , in general we are in a bubble - mania phase - , i am reading stories all over the net about kids buying this **** with their iphone , its crazy .

Re Ripple i am not really recommending it , that being said you should know that Ripple supply is 50-100 billion coins , and it is a centralized cryptocurrency , anyway you can purchase it in any crypto exchange , i think etoro -forex broker - have Ripple as well .

 

[tar]

I'm struggling to breathe...

Going to re-watch it before bed time .

I have respect for that Satoshi guy , he is literally laughing all the way to the bank .

 

[Pat494]

Here is one for you hi-flyers with little dough at $0.03 per coin.

 

[darktone]

Fack me! £6,200 lod!! And I thought friday was volatile. Traders paradise, tarders nightmare..

 

[darktone]

http://www.bbc.co.uk/news/technology-42275523

It is an area infested by crooks.
So watch out.

The world is run by crooks pat.

 

[mike.]

Do you think the people buying into crypto are just naive to trading and the risk's involved ?
Or have actually studied it and are way ahead of us and can see its future value in today's digital age.. Its everything a trader fears, zero intrinsic value, ready to tank at anytime yet everybody wanting a piece of it as it continues to rise...It has me baffled.

 

[itspossible]

i have a very rare tulip bulb for sale.
before any 1 asks-THIS TIME ITS DIFFERENT

 

[counter_violent]

http://www.bbc.co.uk/news/technology-42275523

Are you guys just copying and pasting
-----------------------------------------------------------------------------------------------------------



538. Posted by It Wasnt Me Honest on
56 minutes ago
Buying into BTC is not like buying shares in a company. The latter make profits from selling goods or services, the customer pays a little over the odds to provide profit for the shareholders. As long as the product is good and sells, the shareholders make money.

BTC has no product.

Trading in £$€ compares the productivity of one nation against another.

BTC has no productivity.

SCAM

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Comment number 537. Posted by Mike Cabbett on
1 hour ago
Utter nonsense. There is no such thing in existence. They only exist in the fetid imagination of fools. They are no more and no less a different version of the Chain Letter. And to call something "a Bitcoin miner" is madness writ large.

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Comment number 536. Posted by Ian on
1 hour ago
525. Posted by markcomment on

Basing any investment which relies on computer security these days is ridiculous. I mean even Apple cannot keep their systems secure from hackers so how can mere mortals keep their systems safe.
---
You do realise that all your bank, pension/retirement fund accounts, everything that you do not hold as cash in your hand only exists on a computer system, right?

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Comment number 535. Posted by Ash on
2 hours ago
Isn't Bitcoin supposed to be something that can be traced from one person to another? It seems to be rather too easy to steal.

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Comment number 534. Posted by Paul Nowak on
2 hours ago
I have this really good investement involving Tulips! Now let me excplain why this is rock solid!!!

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Comment number 533. Posted by Tim on
4 hours ago
If it sounds too good to be true, it probably is.

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Comment number 532. Posted by Mikeyb on
5 hours ago
Monopoly money. Just for fun. A joke. Don't touch it with a bargepole.

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Comment number 531. Posted by It Wasnt Me Honest on
5 hours ago
A number of HYS comments insist that 'we' critics 'don't understand the technology;.

We don't need to.
What we understand is that con tricks always appeal most to those people who believe themselves to be more intelligent than the others. These kind are the best targets for con artists, because they believe themselves to be too clever to be fooled.
Ordinary mugs don't fall for such tricks.

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Comment number 530. Posted by Greg B on
6 hours ago
This comment was removed because it broke the house rules. Explain

Comment number 529. Posted by wolf359 on
8 hours ago
It was obvious that this would happen.A somewhere a hacker is now richer than they ever imagined they would be with a few key strokes.With no real security as to who owns which bit coin they will be easy to sell and make real money with once in the hands,or computers,of hackers.

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Comment number 528. Posted by RTFishall on
9 hours ago
Bitcoin.... Did not the Dutch have a similar experience with tulip bulbs in the 17th century?
It seems greedy people still have not learned from history!

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Comment number 527. Posted by metadev on
9 hours ago
@524
It's not a scam - its being driven by greed and fear of missing out so real money is being poured in and existing owners are taking profit. Stories about people making life changing amounts such as on the BBC today drive this. Bitcoin is currently worth $270billion - to just 2x a new investment made today another $270b has to be invested - this seems unlikely...

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Comment number 526. Posted by Dr_John on
10 hours ago
519 Szlunk91
Bitcoin is only worth what somebody will pay for it, your ability to convert it into hard currency is dependent on somebody willing to buy, once the price starts to fall it will be impossible to cash out, and no government will be trying to protect the price.

Retailers accept Bitcoin but how many actually price in Birtcoin - rather than just converting on the current rate.

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Comment number 525. Posted by markcomment on
10 hours ago
Basing any investment which relies on computer security these days is ridiculous. I mean even Apple cannot keep their systems secure from hackers so how can mere mortals keep their systems safe.

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Comment number 524. Posted by It Wasnt Me Honest on
10 hours ago
I repeat, for the benefit of fools, ---
"There is no such thing as a free lunch",

That translates as, "There is no such thing as free money."

There is a catch to this scam, somewhere.

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Comment number 523. Posted by Woodbine on
12 hours ago
@Paul 522. Bang on mate. Only keep them on an exchange if you're an active trader and need them there for convenience. If your plan (like mine) is just buy and wait then get them off into a wallet.

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Comment number 522. Posted by Paul on
13 hours ago
Moral of the story - never keep large amounts of your crypto currencies in an exchange or pool. Always keep large amounts of cryptos in your own secure wallet based on your own computer node. Just download the coins wallet client and transfer to your wallet address. Sorted.

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Comment number 521. Posted by Rick ZX6R on
13 hours ago
Real currencies are supported by the strength if a countries economy, their interest rates and the future economic prospects.

As a rule, ignoring the parasitic currency speculators, they tend to remain fairly stable with variations occurring due to poor growth rates or expectations.
Craptocurrencies have no economies, no intrinsic growth and no stability.
Ponzi scheme of the IT era.

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8. Posted by Ex_NHS_Surgeon on
8 Dec 2017 04:46
Now let's see how this works: I run a bitcoin vault/exchange/mining hub. I realise I am sitting on millions 'worth' of Bitcoin. I don't want to carry on working for others for the rest of my life. I arrange for my Bitcoin company to be 'hacked'. Hell, I just hack it myself. Poof! It's all gone. I make an announcement: 'terribly sorry' and 'working with authorities' etc. No proof required. Beauty!

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Comment number 11. Posted by Rick ZX6R on
8 Dec 2017 05:59
Ah,
So people who have virtually money, with doing no work have been virtually robbed.
Well, who virtually gives a rat's behind.

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Comment number 20. Posted by HowStupidDoYouThinkIAm on
8 Dec 2017 07:03
Nobody outside the EU can steal the bundle of £20 notes I keep under my mattress.

But I will admit, the EU are having a good go.

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Comment number 12. Posted by Lapthorn on
8 Dec 2017 06:08
So virtually nothing happened then!

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Comment number 6. Posted by phonograph on
8 Dec 2017 03:21
2. SeasickJustice

Them were the days! A coin was a coin and you would smack a kid when they deserved a smack.

--

What a strange thing to say.

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Comment number 71. Posted by The Unknown on
8 Dec 2017 10:59
Untraceable unregulated currency with a currently high market value... yep absolutely no way at all to predict something like this was going to happen whoopsie

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Comment number 2. Posted by SeasickJustice on
8 Dec 2017 01:51
Back in my day coins were made of metal. None of this 'bit' stuff.

Yep, real coins you could buy a pint with.

Them were the days! A coin was a coin and you would smack a kid when they deserved a smack.

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Comment number 17. Posted by Alex on
8 Dec 2017 06:54
Lol never saw this coming,

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Comment number 4. Posted by tediouslybrief on
8 Dec 2017 02:10
Bitcoin gets stolen, fiat gets laundered.
Money is valuable, so criminals are interested in it.

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Comment number 19. Posted by Alex on
8 Dec 2017 07:02
I’ve Just found a a big of bit coins out side work !!!

Sorry on second inspection it was bag chocolate coins with a bite taken out .Still far more useful and tasty than the other one

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[FXX]

Someone has way too much time on their hands

Sent from my SM-G950F using Tapatalk

 

[mike.]

http://www.bbc.co.uk/news/technology-42275523

Are you guys just copying and pasting

it looks that way...

its good to see others having the same conversation..who's brave enough to buy into it before the big tank ? thats the question..

fair play to those who bought btc in the early days, hats off to you gent's..

 

[counter_violent]

Someone has way too much time on their hands

Sent from my SM-G950F using Tapatalk

Copying and pasting takes no time at all.

Sent from my desktop PC using keyboard.

 

[counter_violent]

it looks that way...

its good to see others having the same conversation..who's brave enough to buy into it before the big tank ? thats the question..

fair play to those who bought btc in the early days, hats off to you gent's..

forget Bitcoin Mike, lets say that boat sailed long ago. However, blockchain tech and some cryptos will survive.

I'm still trying to figure out how i'm going to play this arena, but i'm deffo going to play.
Mining new issues will be one approach.
Selective ICO's another.
Trading another.

I've had various meetings and conversations that lead me to believe we are just getting started with all this.

I've got no issue with all the doom mongers , **** takers and naysayers.
In a sane world, their reactions would be seen as normal.

But we are not living in a sane world...the rules have changed....failure to keep up will cost the masses dear !

 

[mike.]

A friend and I did a little research into Ripple last week, Gatehub want all your personal details inc a passport photocopy to supply you a wallet to keep your ripples in, Gatehub is a slovakian company with a postal address in hatton garden, You gotta draw the line somewhere when you think its just too dodgy..

To summarise:

I pay gbp, to convert into eur in order to buy virtual coins to keep in my virtual wallet.... The wallet is supplied by a company in slovakia ive never heard of, It is then stored ether on my pc hard drive or a form of digital storage on some cloud somewhere in the world. what can possibly go wrong ?