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Discussions about Crypto Currencies.
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By Geko
 Rank: Admin    Posts: 776

#1

Bitcoin

How to start the Crypto Currencies thread with another currency than the Bitcoin?

Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009.

The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.

There are thousands of websites out there which are explaining what is the bitcoin, but the best explanation remains the white paper written by the creator himself and which explain what it is in 8 pages. PDF attached to this thread.

Bitcoin has more than tripled in 2017, and those gains have brought its market cap to $46.68 billion, accounting for nearly half of the entire category of crypto currencies which reached around $100 billion of market capitalization.

If you have already read my dumb extrapolation about the Bitcoin, you understand that even at the current price the growth potential is huge…

What is your view or trading approach about this instrument? Are you considering trading it? Any chart, advice?
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By Geko
 Rank: Admin    Posts: 776

#3

Dip is already here ;-) with rumors about potential outages... :nerd:

Considering the max supply, if no major tech issue occurs on Bitcoin my dumb approach
available at this link:

https://www.greed-is-good.com/forum/vie ... f=85&t=137

might happen sooner than planned...

I am working on a few goodies to make our life easier to track cryptos and growth % while trades are open.

I managed to work on a Json macro to update price... I will post that later when finished.

At the moment I am trying to structure my tools :-)
Ajs5274 liked this
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By Geko
 Rank: Admin    Posts: 776

#5

Turbulence, fear, uncertainty considering the potential regulations and the technologies... A correction, or manipulation from the big players who have decided to enter the market thanks to new financial products (futures, etf…) and who wants to buy at low price...

To be honest, it is not easy to answer, this market is too young.

I am still holding some coins here, and I am still in profit overall.

Don’t consider that as a recommendation, I am not holding a huge amount in cryptos…

Something to consider and highlighted on the screenshot below that I found on the web:

photo_2018-01-16_13-40-27.jpg

Maybe a boom in April or May...
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