Any cryptocurrency users here?
Re: Any cryptocurrency users here?
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Last edited by fuctfuct on Sat Feb 27, 2021 8:07 am, edited 1 time in total.
Re: Any cryptocurrency users here?
whats special about Monero?
Re: Any cryptocurrency users here?
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Last edited by fuctfuct on Sat Feb 27, 2021 8:07 am, edited 1 time in total.
Re: Any cryptocurrency users here?
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Last edited by fuctfuct on Sat Feb 27, 2021 8:08 am, edited 1 time in total.
Re: Any cryptocurrency users here?
does any one even ask the question why does it go up so high and come back down so low?
Re: Any cryptocurrency users here?
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Last edited by fuctfuct on Sat Feb 27, 2021 8:08 am, edited 1 time in total.
Re: Any cryptocurrency users here?
There are times when I definitely regret not buying $10 worth of Bitcoin when it first hit $1/coin.
But I know myself to know I would never have become fabulously wealthy off of it: I'd have sold it all when it hit $50 because in my heart I still feel like it's all fueled by speculation.
I really don't see the appeal of cryptocurrency. I guess it's good for when you want to pay for illegal things on the internet? I guess some folks have become rich thanks to the speculation bubble? I see it as having the potential to do a lot more harm than good, and I still think that bubble is going to burst one of these days. And I really don't like how folks are encourage to waste energy by building/leaving on PCs that don't do anything aside from creating it.
I don't want to disparage anyone who's made actual money from it, but I don't trust it.
But I know myself to know I would never have become fabulously wealthy off of it: I'd have sold it all when it hit $50 because in my heart I still feel like it's all fueled by speculation.
I really don't see the appeal of cryptocurrency. I guess it's good for when you want to pay for illegal things on the internet? I guess some folks have become rich thanks to the speculation bubble? I see it as having the potential to do a lot more harm than good, and I still think that bubble is going to burst one of these days. And I really don't like how folks are encourage to waste energy by building/leaving on PCs that don't do anything aside from creating it.
I don't want to disparage anyone who's made actual money from it, but I don't trust it.
Re: Any cryptocurrency users here?
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Last edited by fuctfuct on Sat Feb 27, 2021 8:08 am, edited 1 time in total.
Re: Any cryptocurrency users here?
@fuctfuct
i tried to understand the blockchain technology but I never really did since all I got was that there are people out there that run computers to make sure they all agree that if a transaction happened or not. How and why should we trust those people, idk.
What service do you use to manage cryptocurrency? I once tried to open an account, maybe it was coin base, and I got something they need me to send ID scans for verifications at which point makes using cryptocurrency useless to me, might as well use Paypal.
I would like to have a cryptocurrency that equals 1 = $1 , this way I can convert then use that crytocurrency to transfer around the world without having to give my personal ID info to multiple services around the world, having to do 2FAs and multiple security checks, punching in my CreditCard info on each site, having my Credit Card company block the transferring because they suspected fraud, and even better yet not having a full log of everything I buy.
Businesses can make money by converting real dollars to crypto back and forth like money exchange, I don't mind paying like 1% for each transfer since we are already probably doing this with with Visa and MasterCard.
i tried to understand the blockchain technology but I never really did since all I got was that there are people out there that run computers to make sure they all agree that if a transaction happened or not. How and why should we trust those people, idk.
What service do you use to manage cryptocurrency? I once tried to open an account, maybe it was coin base, and I got something they need me to send ID scans for verifications at which point makes using cryptocurrency useless to me, might as well use Paypal.
Nemoide wrote:There are times when I definitely regret not buying $10 worth of Bitcoin when it first hit $1/coin.
But I know myself to know I would never have become fabulously wealthy off of it: I'd have sold it all when it hit $50 because in my heart I still feel like it's all fueled by speculation.
I really don't see the appeal of cryptocurrency. I guess it's good for when you want to pay for illegal things on the internet? I guess some folks have become rich thanks to the speculation bubble? I see it as having the potential to do a lot more harm than good, and I still think that bubble is going to burst one of these days. And I really don't like how folks are encourage to waste energy by building/leaving on PCs that don't do anything aside from creating it.
I don't want to disparage anyone who's made actual money from it, but I don't trust it.
I would like to have a cryptocurrency that equals 1 = $1 , this way I can convert then use that crytocurrency to transfer around the world without having to give my personal ID info to multiple services around the world, having to do 2FAs and multiple security checks, punching in my CreditCard info on each site, having my Credit Card company block the transferring because they suspected fraud, and even better yet not having a full log of everything I buy.
Businesses can make money by converting real dollars to crypto back and forth like money exchange, I don't mind paying like 1% for each transfer since we are already probably doing this with with Visa and MasterCard.
