Cryptocurrency mega thread

[malri_au]

feb 5th LTC 150,feb 10 LTC 210.

thats +33% in 5 days if you do it right.

crypto be crazy dawg.

 

[diggit]

I'm hoping she'll go up and stabilise above 9.5k mark approx but She could go back and retest the 200 day SMA but hopefully not!!

 

[diggit]

Bitcoin currently trading at

AUD $13,920

USD $11,005

EUR 8,869

or 8.1 Troy ounces of gold

or about 1.5 Minelab GPZ7000s!!

 

[Dihusky]

Inside job maybe? Anyway what a huge theft, just goes to show how insecure these traders/exchanges are.

Has to be a really dumb exchange to store the coin in a "Hot Wallet", even after being warned by the currency creators to implement their 'Cold Wallet" system. Probably the shake up some exchanges needed to start implementing higher security.

From an investors standpoint it's 500k reasons why having purchased a crypto you need to get it into a safe wallet away from the exchange, plenty around in all sorts of formats, desktop, online, or off line in something like KeepKey. Sure it might cost a little to move back to an exchange to sell or trade, but that's the price of investing, has to be factored in

 

[diggit]

How do you hack in & steal it? No trust required with cryptos

When you 'centralise' something that is 'decentralised' you create a single point attack opportunity. Decentralised means there is no single point of attack and that's where a lot of the security comes from. But if you put millions in one spot that is just a regular database then you're pretty much guaranteed to lose 100% one hundred percent of the time.

It's like leaving large amounts of cash sitting on the passenger seat of your car. Only a matter of time until the inevitable happens.

That doesnt mean that cash is stupid, it means the person who was charged with its safekeeping was stupid.

Crypto haters seem to have a real problem understanding this very simple concept.

It's not like these same people stop using cash because of the huge amounts of bank robberies, Cash in transit robberies, cash lost down the back of sofas etc etc etc ad nauseum.

You get the gist?

 

[rc62burke]

Who else had the Kahunas to HODL

 

[golddiggerart]

Who else had the Kahunas to HODL

MOI....

 

[Dihusky]

Who else had the Kahunas to HODL

MOI....

Ditto and added to the portfolio

 

[diggit]

Who else had the Kahunas to HODL

Me too. This aint my first rodeo

 

[golddiggerart]

I watched a video of one guy who said he lost hundreds of thousands....The comments were hilarious but the bottom line was if he had HODL then he'd have lost nothing...lol So funny... :Y:

 

[mbasko]

How do you hack in & steal it? No trust required with cryptos

When you 'centralise' something that is 'decentralised' you create a single point attack opportunity. Decentralised means there is no single point of attack and that's where a lot of the security comes from. But if you put millions in one spot that is just a regular database then you're pretty much guaranteed to lose 100% one hundred percent of the time.

It's like leaving large amounts of cash sitting on the passenger seat of your car. Only a matter of time until the inevitable happens.

That doesnt mean that cash is stupid, it means the person who was charged with its safekeeping was stupid.

Crypto haters seem to have a real problem understanding this very simple concept.

It's not like these same people stop using cash because of the huge amounts of bank robberies, Cash in transit robberies, cash lost down the back of sofas etc etc etc ad nauseum.

You get the gist?

Every time I read one of your posts the voice of JP Sears comes into my head.
You get the gist?

 

[mbasko]

Who else had the Kahunas to HODL

Kudos to you Lee. I've decided cryptos aren't for me but still interested to see how ya's go with them.
If only that drunk bloke didn't spell hold wrong - you's wouldn't have to use sucky acronyms :lol:

 

[diggit]

How do you hack in & steal it? No trust required with cryptos

When you 'centralise' something that is 'decentralised' you create a single point attack opportunity. Decentralised means there is no single point of attack and that's where a lot of the security comes from. But if you put millions in one spot that is just a regular database then you're pretty much guaranteed to lose 100% one hundred percent of the time.

It's like leaving large amounts of cash sitting on the passenger seat of your car. Only a matter of time until the inevitable happens.

That doesnt mean that cash is stupid, it means the person who was charged with its safekeeping was stupid.

Crypto haters seem to have a real problem understanding this very simple concept.

It's not like these same people stop using cash because of the huge amounts of bank robberies, Cash in transit robberies, cash lost down the back of sofas etc etc etc ad nauseum.

You get the gist?

Every time I read one of your posts the voice of JP Sears comes into my head.
You get the gist?

I love satire & parody equally

 

[malri_au]

[video=480,360]https://www.youtube.com/watch?v=QQhVwBESulM[/video]

 

[Mackka]

Just wondering how the bitcoin owners are going?
Mackka

 

[Dihusky]

Watching the daily roller coaster, but hanging tight and grabbing opportunities on minor coins and tokens

 

[Mackka]

Good luck Di Husky.
Sincerely
Mackka

 

[StoneTheCrows]

Good luck to all you guys having a crack

 

[diggit]

Just wondering how the bitcoin owners are going?
Mackka

Been through bigger dips than this many times....old tricks.

In fact I have a crypto that has fallen more than 95%, yes I should have sold but insanely enough I am still up 300% on that one.

But thanks for your concern mother Theresa

 

[Keitzy]

Just wondering how the bitcoin owners are going?
Mackka

Been through bigger dips than this many times....old tricks.

In fact I have a crypto that has fallen more than 95%, yes I should have sold but insanely enough I am still up 300% on that one.

But thanks for your concern mother Theresa

You've got big b**ls .. all the ones I'm following on Blockfolio look terrible. There like Coles.. down down, prices are down.!