7 cryptocurrencies to watch in 2018 if you’re on the hunt for the next bitcoin

[mryounggun]

Reading all the recent posts, I guess I'm the only nigga who don't really understand this shit and am old fashion. Silly me, I just spend, like, real money and shit. *shrugs*

 

[norfphilly]

The issue with cryptocurrency what makes it non sustainable is the fact that its supposed to be currency used like how we use dollars but the regular currency is usually stable and your $1 can buy the same candy bar tomorrow that you could buy today.

But with crypto currencies, lets take bitcoin for example, lets say 1 bitcoin = $1, so, I could essentially buy that candy bar for 1 bitcoin. But then in a week, bitcoin goes up 200%, and now 1 bitcoin = $2. So now that bitcoin I used to buy a candy bar with would have gotten me 2 candy bars. Now you takw this example and expand it and see that bitcoin went up 1800% in the last 12 months, other cryptocurrencies went up like 5000% etc.

So at this point, who in their right mind would actually use cryptocurrency to buy things? The 1 bitcoin I used to buy 1 candy bar 12 months ago would now get me 18 candy bars. So in that case, Im holding my bitcoins and aint using it to spend shit.

So basically, its lost its purpose, it went from being currency like a dollar bill and became a commodity like gold. Only difference is gold is physical and you can hold it. You cant with cryptocurrency

That’s why you cash out. Sell back the coin for USD

 

[i ro ny]

The issue with cryptocurrency what makes it non sustainable is the fact that its supposed to be currency used like how we use dollars but the regular currency is usually stable and your $1 can buy the same candy bar tomorrow that you could buy today.

But with crypto currencies, lets take bitcoin for example, lets say 1 bitcoin = $1, so, I could essentially buy that candy bar for 1 bitcoin. But then in a week, bitcoin goes up 200%, and now 1 bitcoin = $2. So now that bitcoin I used to buy a candy bar with would have gotten me 2 candy bars. Now you takw this example and expand it and see that bitcoin went up 1800% in the last 12 months, other cryptocurrencies went up like 5000% etc.

So at this point, who in their right mind would actually use cryptocurrency to buy things? The 1 bitcoin I used to buy 1 candy bar 12 months ago would now get me 18 candy bars. So in that case, Im holding my bitcoins and aint using it to spend shit.

So basically, its lost its purpose, it went from being currency like a dollar bill and became a commodity like gold. Only difference is gold is physical and you can hold it. You cant with cryptocurrency

You’re trying to make sense of this when you should focus on how you can take advantage of this.

The future is going to be a very interesting place commerce-wise. A lot of technologies are going to rely on the block chain for VARIOUS reasons.

 

[AZTG]

The issue with cryptocurrency what makes it non sustainable is the fact that its supposed to be currency used like how we use dollars but the regular currency is usually stable and your $1 can buy the same candy bar tomorrow that you could buy today.

But with crypto currencies, lets take bitcoin for example, lets say 1 bitcoin = $1, so, I could essentially buy that candy bar for 1 bitcoin. But then in a week, bitcoin goes up 200%, and now 1 bitcoin = $2. So now that bitcoin I used to buy a candy bar with would have gotten me 2 candy bars. Now you takw this example and expand it and see that bitcoin went up 1800% in the last 12 months, other cryptocurrencies went up like 5000% etc.

So at this point, who in their right mind would actually use cryptocurrency to buy things? The 1 bitcoin I used to buy 1 candy bar 12 months ago would now get me 18 candy bars. So in that case, Im holding my bitcoins and aint using it to spend shit.

So basically, its lost its purpose, it went from being currency like a dollar bill and became a commodity like gold. Only difference is gold is physical and you can hold it. You cant with cryptocurrency

You’re trying to make sense of this when you should focus on how you can take advantage of this.

The future is going to be a very interesting place commerce-wise. A lot of technologies are going to rely on the block chain for VARIOUS reasons.

Im already in it. Shit dont need to make sense, all that needs to make sense is how to profit and right now if done rights its very profitable.

 

[Mastery]

SEC suspends trading of red-hot bitcoin stock.
http://money.cnn.com/2017/12/19/investing/bitcoin-crytpocurrencies-sec-bubble/index.html

 

[Rasta.]

Imma hold at this point, got like 32 litecoin.

 

[Fosheezy]

The issue with cryptocurrency what makes it non sustainable is the fact that its supposed to be currency used like how we use dollars but the regular currency is usually stable and your $1 can buy the same candy bar tomorrow that you could buy today.

But with crypto currencies, lets take bitcoin for example, lets say 1 bitcoin = $1, so, I could essentially buy that candy bar for 1 bitcoin. But then in a week, bitcoin goes up 200%, and now 1 bitcoin = $2. So now that bitcoin I used to buy a candy bar with would have gotten me 2 candy bars. Now you takw this example and expand it and see that bitcoin went up 1800% in the last 12 months, other cryptocurrencies went up like 5000% etc.

So at this point, who in their right mind would actually use cryptocurrency to buy things? The 1 bitcoin I used to buy 1 candy bar 12 months ago would now get me 18 candy bars. So in that case, Im holding my bitcoins and aint using it to spend shit.

So basically, its lost its purpose, it went from being currency like a dollar bill and became a commodity like gold. Only difference is gold is physical and you can hold it. You cant with cryptocurrency

That’s why you cash out. Sell back the coin for USD

Yep Bitcoin is meant to be spent, not invested in.

 

[i ro ny]

Imma hold at this point, got like 32 litecoin.

32 whole litecoin? Nice.

 

[Rasta.]

Imma hold at this point, got like 32 litecoin.

32 whole litecoin? Nice.

Yea got it at $67 and went back in at $147

Got a fraction of BTC and 3 ETH...it's just money I'd spend on trips and shit so imma hold

 

[OGDirtyDee]

anybody heard of Lite Coin?

 

[Rasta.]

anybody heard of Lite Coin?

Can you fucking read?

 

[i ro ny]

Imma hold at this point, got like 32 litecoin.

32 whole litecoin? Nice.

Yea got it at $67 and went back in at $147

Got a fraction of BTC and 3 ETH...it's just money I'd spend on trips and shit so imma hold

Nice!

 

[Max.]

https://twitter.com/Saycheese_Media/status/943169350932058112

 

[i ro ny]

Ex manager gotta die.

 

[G.Avant]

Bitcoin and ethereum need to tighten up. They done dipped a bit since I copped lol

 

[Ol Jay's]

I wanna kno how the net neutrality repeal will affect these currencies, since they can only be used online

here they got atms all over so you can cash out

 

[Mastery]

Bitcoin exchange goes bust after hack.
http://money.cnn.com/2017/12/20/technology/south-korea-bitcoin-exchange-closes/index.html

 

[BobOblah]

Reading all the recent posts, I guess I'm the only nigga who don't really understand this shit and am old fashion. Silly me, I just spend, like, real money and shit. *shrugs*

Nah people irl have tried to explain it to me a few times and i still don’t really know what they’re talking about. Sounds like investing in Monopoly money

 

[texas409]

Bitcoin exchange goes bust after hack.
http://money.cnn.com/2017/12/20/technology/south-korea-bitcoin-exchange-closes/index.html

did yall see the signs and sell before the bust?

 

[Fosheezy]

That's only one of many exchanges, and that one just so happen to be in South Korea.