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Interesting Article in NY Times
“Cryptocurrencies are almost a perfect vehicle for scams,” said Kevin Werbach, a professor at University of Pennsylvania’s Wharton School. “The combination of credulous buyers and low barriers for scammers were bound to lead to a high level of fraud, if and when the money involved got large. The fact that the money got huge almost overnight, before there were good regulatory or even self-regulatory models in place, made the problem acute.”
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Originally posted by Skinny View PostNope
Skinny
On the other hand companies like Kyber are meeting projected goals and starting to come to life.
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If tron dropped to a penny, I’d buy 30K more. That would be a great buy to dollar cost average. I think. [emoji12]
I bought more Neo during this dip to dollar cost average.
I feel pretty good about my portfolio right now. I’m only using Binance at the moment, so I might be missing out on some other coins on different exchanges, but oh well. My head hurts. [emoji12]
Skinny
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Also I’m starting to wonder is holding a bag of tron is smart. 10 year project? Man I could prolly turn my tron bag into some gains over the next 10 years. Hmmm. Kinda hard to decide what to do. I think if tron gets back up to my buy in price, I might dump it...then reinvest when tron actually starts doing something worthwhile.
Skinny
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Originally posted by Skinny View PostAlso I’m starting to wonder is holding a bag of tron is smart. 10 year project? Man I could prolly turn my tron bag into some gains over the next 10 years. Hmmm. Kinda hard to decide what to do. I think if tron gets back up to my buy in price, I might dump it...then reinvest when tron actually starts doing something worthwhile.
Skinny
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I heard on the morning news because Bitcoin has dropped so low big banks (PMorgan Chase, Bank of America, Citi and Capital One) are not allowing their customers to buy it with cards sponsored by them.
Similar info below.
Last edited by justintyme8303; 02-06-2018, 10:55 AM.
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I think banks not allowing credit cards is good. I’m sure there are folks out there in some serious credit card debt because of crypto...and more than likely, a majority of what they invested is gone.
Pretty sure you can’t buy lotto tickets with credit cards. Prolly can’t slap your credit card down at the blackjack table either. I see no difference here I reckon.
Maybe someone has a different point of view, but gambling with credit doesn’t sound too smart to me!
Skinny
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Who tuned into the Committee on Banking Housing and Urban Affairs' hearing this morning? Felt very positive for Bitcoin regarding long term regulations. The chairmen of the SEC and CFTC (especially CFTC chairmen) were talking like BTC is here to stay.
ICOs are about to get the ever living snot kicked out of them by the SEC. SEC chairmen stated that ICOs are definitely securities. Bad bad news for alts.
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