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Still a thing. Venture Capital still pouring in to build out the infrastructure. Here's a look http://www.coindesk.com/bitcoin-venture-capital/so did bitcoin die yet, or is it still a thing?
3rd largest company in the world. Pretty much makes it a legitimate form of payment for any company. Faster clearing, no chargebacks, lower fees, Microsoft? Legit.MICROSOFT NOW ACCEPTS BITCOIN THROUGH BITPAY
Ah,and how do you propose to make money? Judging from your profile picture, maybe you dream about making a hipster cartoon for man children?
Excellent supporting point. Nasty hipster establishment Shake Shack is barely profitable and trades at x1000 P/E and at a $1.5B market cap. BTC has a market cap barely x2 of this.who needs bitcoin or tulip bulbs..how about the public stock markets with stocks like SHAKE SHACK up 130% on DAY from the IPO..
Talk about FAIL. Only the "insider" VC funds can actually buy at the IPO price. By the time the shares hit the market it was already up 130%, meaning you missed out!!who needs bitcoin or tulip bulbs..how about the public stock markets with stocks like SHAKE SHACK up 130% on DAY from the IPO..
Yep. Due to needing to be an "accredited investor" or "super accredited investor" to get in earlier, all IPOs really amount to are the rich and well connected pawning off their overpriced stuff on ma and pa mainstreet.Talk about FAIL. Only the "insider" VC funds can actually buy at the IPO price. By the time the shares hit the market it was already up 130%, meaning you missed out!!
Wow... been a few years since my last visit here... but tbh if you can get past all the hype / trading talk... there were many things said here that are still as relevant as ever: Cryptocurrency, blockchain and/or distributed ledger technology is here to stay and will only get stronger.
So, after the following post in the thread... are you profiting off the bitcoin wave? I've had a number of people wanting to know what gen 3 cryptos I'm investing in and a number of people asking about Steem and Bitshares.
I tried to make it clear... I believe they are pre-cursors to a true gen 3 crypto and I am not investing in either Steem nor Bitshares. If you do some research and look at who the creator of those two projects is and what he is doing now... that is all you need to know in terms of where I am mainly investing outside of my own project. Doesn't mean that is where you should invest at all, in fact please don't unless you come to the same conclusion... It's where I feel right putting my money and I could be totally wrong.
There is another project but it's higher risk as class action lawsuits are being filed against that team due to SEC regulations.
Everything I wanted to mention is in that post I linked above and it all relates to where myself many others feel we are headed inevitably... mass scaleability. You want mass adoption the platform needs to be able to handle it. In my team we are looking at gen 3's for inspiration on how to scale and improve DPOS in a more decentralized manor. At the moment it's a case of lower transactions per second provided by higher number of nodes = more decentralized vs higher transactions per second accompanied by lower number of nodes = less decentralized... if somebody can crack that so it's massively scalable and massively decentralized... it's game over as you won't need anything else... imo.
Before trusting a post on a forum to the point you are going to invest a ton of money... be sure to do your own research and come to your own conclusion... once you believe in that investment and you understand it yourself... then by all means back it... so many people just throwing money at things because one day it was popular. They get recked then blame the scene. The game changes so fast here my strategy has evolved into investing into long terms hodls with promising developments... that I believe in... as opposed to trying to catch daily waves... Admittedly that becomes easier once you have accumulated decent capital to sit back on and ride out the highs and lows... but seriously, my best trades took well over a year, sitting through hard times before I cashed out, moved on and reinvested... So I would say from what I've been seeing and hearing how certain people invest in something... then come back and complain once it hasn't worked out... take advice by all means but I'm sure investing in things you have done your own research in and come to your own conclusion will be far more effective than blindly jumping on the bandwagon.
wow that was a huge profit, would you advice a newbie to invest in Bitcoin as at now?I am certain some form of cryptocurrency will stay. Is bitcoin here to stay, I have no idea. It is the 1.0 version of the currency. If they can grow into the 2.0 version, it has a decent chance.
My experience with cryptocurrencies is that you can win and lose lots of money. I made 9000 euro from a 500 euro investment in barely 2 weeks. 1 day after it hit 9000 it went down to 3000... So be careful!
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