Wow. Bitcoin is almost $1,500

[evident]

shoulda sold my friggin .4 btc at 18K and rebought in. oh well... imaginary money is imaginary

 

[FelixDeCat]

You are probably right, and bitcoin will probably recover. However, 25 years of trading instinct tell me that we probably have not seen the bottom yet. Someone once said they "invested in a wife and lost half of everything."

 

[DrMrLordX]

I also think that bitcoin will grow. I think now is the best time to buy bitcoins. I'm right?

Bitcoin has no future.

The future is DOGE. You should know that!

wrt Multibit:

https://multibit.org/

you're later to the party, dawg.

 

[Yakk]

Siacoin is up in fiat value!

I also like Storj, but I'll take SC in a pinch.

 

[momeNt]

Cracked sub 800 on ETH, I believe BTC is going to see sub $9,000 shortly.

This might not be a January dip but perhaps a Bull correction. These can be 30-70% which given that Bitcoin's ATH was 17,000 and we are closing in on 50% loss, the bottom could be $6500. Who even knows, this Bull run is completely unprecedented in terms of percentage.

 

[Zeze]

I'm just mad that I put in my second injection of 'investment' last week instead of now.

 

[PricklyPete]

I’ll buy into BTC when it drops under a hundy.

 

[Red Storm]

I'm just mad that I put in my second injection of 'investment' last week instead of now.

Me too.

These dips happen every year, or at least have happened the past few years. I will be looking to scoop up some more VEN as the dips continue.

 

[Zeze]

Me too.

These dips happen every year, or at least have happened the past few years. I will be looking to scoop up some more VEN as the dips continue.

I kinda wonder how high VEN/VET will get.. by end of 2018, end of 2019, 2021?

Will it be just few multiples? 10x? or crash & burn?

It's just kind of sobering because we really don't know anything. No one does- despite how much you closely follow the news/partnerships/product/white paper, etc.

Out of all news, the biggest comfort to me is Jim Breyer's VC buy-in. If VeChain gets his approval, can't get any better than that.

 

[Red Storm]

I kinda wonder how high VEN/VET will get.. by end of 2018, end of 2019, 2021?

Will it be just few multiples? 10x? or crash & burn?

It's just kind of sobering because we really don't know anything. No one does- despite how much you closely follow the news/partnerships/product/white paper, etc.

Out of all news, the biggest comfort to me is Jim Breyer's VC buy-in. If VeChain gets his approval, can't get any better than that.

Yeah the Breyer investment is a big confidence booster in the company. Considering the partnerships that have already been announced, I think VeChain has a very solid future. I don't know what it will be worth by year's end, but I am extremely confident that it will be more than $10 easily.

 

[Zeze]

Yeah the Breyer investment is a big confidence booster in the company. Considering the partnerships that have already been announced, I think VeChain has a very solid future. I don't know what it will be worth by year's end, but I am extremely confident that it will be more than $10 easily.

I'm thinking $50 by EOY. Who knows. What do I know.

Crypto market cap will continue to grow, so will VET naturally.

 

[Yakk]

First Block chain ETFs went live this morning

https://www.coindesk.com/the-first-blockchain-etfs-have-launched-on-the-nasdaq-exchange

Oh the coincidences....

 

[ponyo]

I kinda wonder how high VEN/VET will get.. by end of 2018, end of 2019, 2021?

Will it be just few multiples? 10x? or crash & burn?

It's just kind of sobering because we really don't know anything. No one does- despite how much you closely follow the news/partnerships/product/white paper, etc.

Out of all news, the biggest comfort to me is Jim Breyer's VC buy-in. If VeChain gets his approval, can't get any better than that.

My guess is VEN/VET will be $0 in 2021. And it won't just be VEN/VET. I'm pretty confident 99.99% of all the altcoins out there will be $0 around 2021. And Bitcoin and Ether will be significantly lower than current level. Bitcoin around couple hundred dollars at most and Ether back in the teens or single digits. If there was 5 year LEAP puts I could buy, I would put all my money in that.

You're kind of crazy if you're thinking long term with these crypto trash. I don't know if we can survive this full year. Things move faster now. People thought internet time was fast. Crypto time is even faster. If we don't completely crash this year, my money is 100% on next year. But this current mini-crash is not the crash to end the bubble. This is where you buy it for a trade for the coming dead cat bounce.

 

[preslove]

Digital beanie babies are going to go away whenever the business cycle turns downward. All the anti-government $ people singing the praises of crypto are going to discover gold

https://twitter.com/sarahjeong/status/953419544516747264

 

[Zeze]

My guess is VEN/VET will be $0 in 2021. And it won't just be VEN/VET. I'm pretty confident 99.99% of all the altcoins out there will be $0 around 2021. And Bitcoin and Ether will be significantly lower than current level. Bitcoin around couple hundred dollars at most and Ether back in the teens or single digits. If there was 5 year LEAP puts I could buy, I would put all my money in that.

You're kind of crazy if you're thinking long term with these crypto trash. I don't know if we can survive this full year. Things move faster now. People thought internet time was fast. Crypto time is even faster. If we don't completely crash this year, my money is 100% on next year. But this current mini-crash is not the crash to end the bubble. This is where you buy it for a trade for the coming dead cat bounce.

You realize VET is not crypto or anything to do with currency? That's BTC's dream, which I hold 0 because I agree more with you.

VET is a blockchain-as-a-service. It's a supply chain product of RFID chips. It's no different than picking a traditional stock in a startup company.

You may want to brush up on the foundation of what blockchain is. THAT is not going away. It's what people aim to DO with the blockchain:

BTC = Use blockchain to try to get rid of institution banks and rise as a valid global currency. That's too crazy for me.

XRP/Ripple = Use blockchain to offer as a product to settle cross-border payments to financial institutions. Currently it's painfully slow with mediator banks between sender/receiver banks. So this is also a product. Philosophically, it's a complete opposite of what Bitcoin wants to do.

 

[Red Storm]

Yeah it's why I jumped off the Litecoin bandwagon. While I think the idea of digital, decentralized currency is awesome (and makes perfect sense for where we are headed), I just don't think it's going to succeed anytime soon. VeChain is one of the few companies that is taking the actual thing of value - blockchain tech - and applying it to real world problems. You don't get partnerships with multibillion dollar companies by being a scam. Many, many altcoins are nothing but scams, but VET is not one of them.

People too often group everything under one cryptocurrency label, but that is like grouping every fiat currency under the same label. Some are scams, some are the real deal.

 

[IronWing]

Digital beanie babies are going to go away whenever the business cycle turns downward. All the anti-government $ people singing the praises of crypto are going to discover gold

https://twitter.com/sarahjeong/status/953419544516747264

You mean move back to gold. Some gold exploration companies have jumped on the crypto bandwagon. Goldbugs and crytocritters seem to share a headset.

 

[Zeze]

Yeah it's why I jumped off the Litecoin bandwagon. While I think the idea of digital, decentralized currency is awesome (and makes perfect sense for where we are headed), I just don't think it's going to succeed anytime soon. VeChain is one of the few companies that is taking the actual thing of value - blockchain tech - and applying it to real world problems. You don't get partnerships with multibillion dollar companies by being a scam. Many, many altcoins are nothing but scams, but VET is not one of them.

People too often group everything under one cryptocurrency label, but that is like grouping every fiat currency under the same label. Some are scams, some are the real deal.

I do have better faith in ICX as a niche currency in Korea. Koreans in general (kids, students, adults, old folks) are far more adaptive to technology than US. I can definitely see ICX succeeding in Korea & East Asia. I have 5% of my holding in ICX... just because lulz.

 

[preslove]

You mean move back to gold. Some gold exploration companies have jumped on the crypto bandwagon. Goldbugs and crytocritters seem to share a headset.

Yeah, but gold is a proven hedge against inflation. It makes sense. Cryptocritter-ism is a weird mix of goldbug-ism and asset bubble mania

 

[momeNt]

You realize VET is not crypto or anything to do with currency? That's BTC's dream, which I hold 0 because I agree more with you.

VET is a blockchain-as-a-service. It's a supply chain product of RFID chips. It's no different that picking a traditional stock in a startup company.

It's still a coin though, and it needs to be a coin to provide a decentralized service. Technically they could have chosen to actually start a company that uses blockchain mixed with RFID and internet of things and had a paid centralized service. Betting on VET isn't just betting on blockchain solving counterfeits, its betting that decentralized blockchain tech in the form of a coin will solve counterfeits.

 

[ponyo]

You realize VET is not crypto or anything to do with currency? That's BTC's dream, which I hold 0 because I agree more with you.

VET is a blockchain-as-a-service. It's a supply chain product of RFID chips. It's no different than picking a traditional stock in a startup company.

You may want to brush up on the foundation of what blockchain is. THAT is not going away. It's what people aim to DO with the blockchain:

BTC = Use blockchain to try to get rid of institution banks and rise as a valid global currency. That's too crazy for me.

XRP/Ripple = Use blockchain to offer as a product to settle cross-border payments to financial institutions. Currently it's painfully slow with mediator banks between sender/receiver banks. So this is also a product. Philosophically, it's a complete opposite of what Bitcoin wants to do.

I admit I have not read a single thing or know anything about blockchain and Bitcoin and all these trash. But I don't need to read to know all of this is ridiculous nonsense. So VET uses some RFID chips and has supply chain product. Whoopie doo. That's worth at most $1 million if we're being generous.

You have fully drunk the Kool-aid and jumped in the deep end. I've seen this movie before, and I know how it ends. I stayed for the closing credits during the dotcom bubble and gave back almost million dollars. Trust me, it's not different this time. It's never different this time.

 

[Zeze]

I admit I have not read a single thing or know anything about blockchain and Bitcoin and all these trash. But I don't need to read to know all of this is ridiculous nonsense. So VET uses some RFID chips and has supply chain product. Whoopie doo. That's worth at most $1 million if we're being generous.

You have fully drunk the Kool-aid and jumped in the deep end. I've seen this movie before, and I know how it ends. I stayed for the closing credits during the dotcom bubble and gave back almost million dollars. Trust me, it's not different this time. It's never different this time.

Well like I said, I'm not overinvested. I won't feel it if we lost it all. That's the sanity you could see I have.

I'm not foaming at the mouth for bitcoin/altcoins revolutionizing the world.

 

[preslove]

Blockchain is going to survive as a supply chain technology. It will be very important for reacting to food borne illnesses.

Cryptocurrency/bitcoin is an idiotic asset bubble mania product that will replace "tulips" in the vernacular for bubbles

 

[Viper GTS]

Cryptocurrency/bitcoin is an idiotic asset bubble mania product that will replace "tulips" in the vernacular for bubbles

I've spent about $10,000 in the last five months saving the life of my cat. She's a raging bitch to nearly everyone, and some days it is everyone. Nevertheless, I love her and the problem was fixable so I did it. The running joke in my household now is that we should rename her Bitcoin, because only a fucking idiot would pay $10,000 for one.

That's been my opinion all along, it's just taking a little longer than I expected for the rest of the world to catch up on that view.

Viper GTS

 

[Yakk]

BTC price back to early December, let's see if we make November