@Dougster Yes if you remember I hadn't seen the settlement almost 5 days later but it went through at approx 1850 but when I started watching it the vix just got to me I told my guy to get me out of there last Thursday and he did, talk about dumb luck.
@25: nah, the markets been giving warning signs for a while. Me, trackstar, and shark all warned about it. I'm taking a day off work for some personal research projects, but it will be interesting what the boys at work are saying.
I'm in ZEC for the long haul. I corresponded with the CEO in the past. Seems like a solid guy and the coin is definitely the best technology, IMO. Also heard they may be working on blending it with etherurm: which could be why it held up relative well amindst all the carange today.
^^^^^^ Sad that a grown man has nothing better to do with his time and energy than engage in glorified gambling, things he can't apply any of his creative abilities to.
Sure you can, with programs, analysis and models. And, BTW, all that easily carries over to pure tech companies. Even guys working on curing cancer are increasingly employeeing data science.
What kind of work do you do? If I remember correctly you're unemployed, right?
Well I guess I'm lucky. I studied cryptography for a few years after college, so I can dive pretty deep into it. Read the research papers and all. But it's a huge field. My main investment thesis here is that the best technology + a good team will win. But, in the past, best technology doesn't always win, so, as SJG would immediately point it is a dice roll.
Maybe that's my problem I graduated community college and went to work in construction, liked it and did well enough to have some disposable, and that's what I know best, some stuff is more complicated than I have patience for.
I think Bitcoin will break through $3000 eventually, there is far too much interest in countries outside the US for it to hit an all-time-and-forever peak of an arbitrary $3000 USD. Long term though... if the Bitcoin community can't figure out how to get its act together and scale Bitcoin properly, it will be overtaken.
@trackstar: There's been alot of complaints about BTC lately. I started using LTC for the first time this and was amazed at the relative speed and lack of fees. I think BTC is very dated and one reason I went with alts.
BTC certainly does have existing infrastructure going for it, but there's not alot and it's early enough I think the switch would be easy. I think Uber announced this weekend they'll accept LTC only.
I agree last night was far, far from the top in crypto currency market cap. Probably not the top in BTC as well, but I don't really like it compared to others, so who knows?
23 comments
SJG
I'm in ZEC for the long haul. I corresponded with the CEO in the past. Seems like a solid guy and the coin is definitely the best technology, IMO. Also heard they may be working on blending it with etherurm: which could be why it held up relative well amindst all the carange today.
SJG
What kind of work do you do? If I remember correctly you're unemployed, right?
SJG
Church of Satan
http://myslimpics.com/pics/3659/satanic-…
Modern Church of Satan
http://atonchurchofsatan.yolasite.com/
Hey, SJG: curious your thoughts on GS when you get a chance to read this? Lol!
BTC certainly does have existing infrastructure going for it, but there's not alot and it's early enough I think the switch would be easy. I think Uber announced this weekend they'll accept LTC only.
I agree last night was far, far from the top in crypto currency market cap. Probably not the top in BTC as well, but I don't really like it compared to others, so who knows?