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-   General Discussion (https://www.toyark.com/forums/general-discussion/)
-   -   Are you into Cryptocurrency? (https://www.toyark.com/forums/you-into-cryptocurrency-185511/)

Game DNA 02-02-2021 07:26 AM

Are you into Cryptocurrency?
 
I'm surprised how little discussion this subject receives amongst you IT lot..

Me thinks crypto currency is going to have a massive impact in the future. Just like the VHS in the seventies, or computers in the 80's, or internet in the 90's.. in the coming years it'll be crypto currency. Been following the developments recently with much interest, since I'm kind of into math anyway. The ideas are fascinating.

Governments have been about controlling money, that has been their power. A chunk of that power is about to be removed of them. It might sound fanciful but I reckon in the not to distant future individuals will be transferring money around the globe in seconds to each other. There'll be no centralisation.

Think of 2008 again without centralisation. Indeed, think about the power of credit referencing agencies and the power they wield over those in working class poverty. Even today they're more than two million adults in the UK without a bank account.

Change is afoot.

Aderonimo 02-02-2021 08:05 AM

Quote:

Originally Posted by Game DNA (Post 860685)
I'm surprised how little discussion this subject receives amongst you IT lot..

Me thinks crypto currency is going to have a massive impact in the future. Just like the VHS in the seventies, or computers in the 80's, or internet in the 90's.. in the coming years it'll be crypto currency. Been following the developments recently with much interest, since I'm kind of into math anyway. The ideas are fascinating.

Governments have been about controlling money, that has been their power. A chunk of that power is about to be removed of them. It might sound fanciful but I reckon in the not to distant future individuals will be transferring money around the globe in seconds to each other. There'll be no centralisation.

Think of 2008 again without centralisation. Indeed, think about the power of credit referencing agencies and the power they wield over those in working class poverty. Even today they're more than two million adults in the UK without a bank account.

Change is afoot.

Yes. The change is it's only matter of time before the authorities clamp down on all this.

Cryptocurrency is purely money laundering. Like so many things in life the only reason you want to hide something is because you are doing wrong.

You'll tell me the authorities turn a blind eye to illegal drugs but upsetting the Americans is much more serious.

I was recently working on HSBC's Global Standards Programme - literally £billions lost on costs and fines. It's was all because of money laundering. And that's just one player.

Cryptocurrency is clever, but so was Breaking Bad...

Isildur 02-02-2021 03:03 PM

Quote:

Originally Posted by Game DNA (Post 860685)
I'm surprised how little discussion this subject receives amongst you IT lot..

Me thinks crypto currency is going to have a massive impact in the future. Just like the VHS in the seventies, or computers in the 80's, or internet in the 90's.. in the coming years it'll be crypto currency. Been following the developments recently with much interest, since I'm kind of into math anyway. The ideas are fascinating.

Governments have been about controlling money, that has been their power. A chunk of that power is about to be removed of them. It might sound fanciful but I reckon in the not to distant future individuals will be transferring money around the globe in seconds to each other. There'll be no centralisation.

Think of 2008 again without centralisation. Indeed, think about the power of credit referencing agencies and the power they wield over those in working class poverty. Even today they're more than two million adults in the UK without a bank account.

Change is afoot.

I guess that Elon Musk is right saying that Bitcoin is on the verge of mass adoption. This thing is going to change everything! BTC is the locomotive that pulls all other coins with it. I believe that in 2021 there are certain coins which can give a much bigger profit that BTC. Have a look at this article for better understanding https://primexbt.com/blog/best-crypt...ncy-to-invest/

Game DNA 05-16-2021 01:50 PM

Today's market is volatile af. That drives me mad, really mad! I found that almost every day I spend hours on end analysing different graphs, it is so tiring :( but entertaining if everuthing goes well :) most of the time I sit on Redot, a secure digital asset exchange. Highly recommend! They have the most intuitive interface I have ever seen on an exchange.

Dr Kain 05-08-2025 10:55 AM

Crypto is the equivalent to Monopoly money. If I tried buying products with Monopoly money, or pay my rent with it, I would be given strange looks and told to get the fuck outta there.

Crypto is no different. It's not real money.

Dr Kain 05-12-2025 07:58 AM

Quote:

Originally Posted by womocratouzo (Post 943994)
Yes, I'm into cryptocurrency and just today there was a tweet that the team that handled Trump's token is set to release a new token.

lmao

This is proof that crypto is garbage.

Game DNA 08-01-2025 09:14 AM

Let me tell you something as a former poker dealer and current crypto enthusiast. Timing is everything. Bitcoin halving is like a reshuffled deck in a high-stakes game. The 2024 halving brought reduced supply, and if past patterns continue, the pot’s about to get bigger. Experts suggest BTC might cruise past $100000 by the end of next year. The logic is based on previous spikes post-halving, which averaged 500% increases. Here's where you get the in-depth breakdown and realistic estimates https://simpleswap.io/blog/bitcoin-price-prediction is a good place to start. I wouldn’t go all in, but I’m holding my hand close and watching the table carefully.


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