question Cryptocurrencies are crashing. New wave up coming to domain market?

ulasbbtr said:

Credit cards are insured, bank accounts are regulated and PayPal has internal mechanisms. With cryptocurrencies you are on your own about the security, at least for now.

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="urlurl, post: 6174591, member: 163120"]the problem's with crypto as i see it;

Hackable and impossible to get back, someone finds a way to hack into your computer and they take your life savings in seconds.
Same applies to cash...someone steals it.. kiss it goodbye. Someone hacks you bank account with phishing, gone..kiss it goodbye. With crypto you don't have 1 wallet.. you have different wallets.. you can keep an online wallet for transactional banking... like regular purchases... then have other USB wallets and paper wallets. You transfer funds from one wallet to another in no time... not like with tradional banks that rape you on bank charges and you have to wait for days something for the money to reflect espcially if it's different bank and worse if it's a different bank in a different country.

Currently its primarily used to launder, get funds out of countries and for ransom attacks (get rid of crypto currency and you get rid of randsom attacks)

All currency is used to fund illcict activities.. terrorists fund themsevles with gold, diamonds, USD. getting rid of crypto will not negate ransom attacks at all. Remember, all electronic funds can be moved around to multiple accounts that belong to people with fake identies. If someone wants to commit fraud and has the ways and means to do so. Not having access to Crypto currency is not going to stop them

Major exchanges have been hacked into and all users bit coins were stolen - non recoverable

Banks get robbed all the time and there have been bank hacks as well, money was stolen - non recoverable

people don't really need it

People need it now more than ever..... many countries around the world have restrictions on accounts like Paypal. Also, in many countries...trying to transfer money from Paypal to you bank account is a lenghty process as well as costly in terms of bank charges. Other options are wire transfers and this too is lenghty and costly... with crypto, you can send money to anyone in the world in like an hour tops... for less than the cost of a cup of coffee

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domainventure said:

I'm just curious if people are able to cash out on their chips, so to speak, at will? While there might be liquidity for lower levels of trades happening, perhaps 10-100 or so BTC for example happening, I wonder if anyone has been able to encash say 100+ worth of BTC or their counter part Crypto? Which is where, all these boil down to?? Having millions of BTC and Ether and xyz in your digital wallet is one thing but they need to be translated to cash at will to make it really an asset?No?

I don't have a dog in the fight, was just curious on the liquidity part. My apologies, if my understanding on the whole crypto market is superfluous.

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deez007 said:

Hogwash...most of the exchanges work fine (Shapeshift, Coinbase, Kraken) run by professional people. Generally people who find it buggy and battle with it are basic desktop users with limited tech ability...people who generally only know how to use a MS office and maybe a browser or two.

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tonecas said:

$317 average price @deez007 . good call. that what one gets in bubbles. absurd prices.

now, you are set to be turn apart by the impeding market crash. but you know better.

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tonecas said:

that's funny. professionalism in the crypto stock exchanges! my god... stops orders that aren't activated, unacessible websites when market begins to fall hard, miss calculated fees, intraday spikes out of the blue, and so on.

you and most people will not even see what will hit you
you are so full of yourself on this matter that you became blind. just a warning.

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deez007 said:

Yes, I do know better.

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tonecas said:

i rest my case.
your future is so obvious to me. you're a classic example of bubble blindness. probably too young to know better... but you will learn, the hard way.

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tonecas said:

and now I will also make a prediction. the whole market will implode 70 to 90% in the next months to 2 years. beginning this month.

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tonecas said:

$317 average price @deez007 . good call. that what one gets in bubbles. absurd prices.

now, you are set to be turn apart by the impeding market crash. but you know better.

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deez007 said:

So you happy for people to be financially raped by a private organization that creates a system of perpetrual debt that enslaves the masses whilst empowering the few?

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Weber said:

I did not post any such thing. What fool would deduce that from my post? Please explain in detail.

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deez007 said:

No need to explain.

I have provided videos above to elaborate.

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Weber said:

Wtf? Simply put, my post isn't and never was about the federal reserve. Your videos are not relevant. You took it out of context. Got it.

My previous post is about a hugely speculative, and some would even say ludicrous proposition that bitcoin and similar are a long term store of value. It's my opinion. If I'm wrong, I can deal with that. Too bad some here can't do the same w/o lashing out, or giving a silly dislike of a counter-opinion (not proven false or malicious, mind you). If this thing crashes, it won't be because of me. Loosen up people.

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Avtar629 said:

I'm a conspiracy theorist. ie. CRAZY. lol but I will say this. There are "powers that be" ie illuminati that since the 1700's has been controlling the world as we know it.

And it's "way" of controlling the world is with the MONEY. The problem with MONEY to THEM is that well there is so MANY different types of it.

So for them and their ONE WORLD ORDER. making money digital and controlled more easily by THEM and perhaps ONE CURRENCY to control them ALL.

The illuminati has been KNOWN to infiltrate ANYTHING and make it it's OWN.

Hackers supposedly built Bitcoin as a middle finger to the banks and the government.
But remember Bitcoin's creator's name is what? a pseudonym? Satoshi Nakamoto?

Wow! Reg Flag there for illuminati. Yet look at Bitcoin is king. and everyone is invested in it.

Everyone thinks Bitcoin was created by some badass anarchist but if you don't even know who it is? illuminati?

Trust me. If there is MONEY to be made and if there is some new TOOL of CONTROL? the Illuminati Rothchilds got there sticky fingers in on it.

Mind you these are the same people (supposedly) who start WARS and sell the guns and bandages and destabilize countries for their own gains. All just to increase their stocks by fractions of a point paid with the blood of dead people.

This is all speculation of course. but don't we all think there is some sort of group manipulating everything behind the scenes? like you want PROOF? look no further than Donald Trump! lol

So....I'll invest in Crypto. Because it's "their" plan.

One WORLD Currency. like a pyramid. The closer your coin is to the top the more useful it will be for the illuminati and that equals MONEY.

oh and PLUS. PAPER MONEY? still very easy to Launder and HIDE by dishonest people.

Digital money? believe me. Decentralization? is a MYTH they all want you to believe. And that's fine with me. I'm not buying into the MYTH but what I KNOW.



All Digital Money will be MONITORED so who cares if it's Decentralized?. why else do you think the gateways and exchanges ask you for your Passport,Birth Certificate, Tax id, fingerprints,stool sample lol etc etc.

by the time you and the rest of the world realizes Crypto is a BIG DEAL.

IT WILL BE TOO LATE!


aaahhh!! just me babbling again. lol just watch this crazy video.

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tonecas said:

now that the implosion in the crypto market is in motion I am very curious to see if it will reflect on the domain market.

As i see it, after more than a year and a half at a 50% correction, and taking into account what happens in almost every market made by human, we should be close soon to see a strong rebound in the market.

probably a part of the money that will exit from cryptos will go again to domains that are now "cheap". the eternal cycle...

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