The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

A US federal court ordered a New York company to pay $2.5 million in fines and restitution for running a Ponzi scheme that scammed at least 80 people who thought they were investing in bitcoin.

The Commodity Futures Trading Commission (CFTC) took action in this first ever anti-fraud bitcoin related case in September 2017. The court ruled that Gelfman Blueprint Inc. and its CEO Nicholas Gelfman solicited more that 600 000 USD from retail investors between 2014 and 2016 by claiming their funds were part of an algorithmic trading strategy.

Nice.
Slow justice! !!

Bitcoin solid .
And stock Ponzi 2% up!!

That's these mongrels being stop hunted and slaughtered yesterday. 4% red!!! Wowwww.
Patience!!!

Next week next red

Why's bitcoin so not moving?!?!

No, I'm just free and was going to meet people, buy little.

The fact is, i add every month.

With 1-3k profit here, i can afford few hundred

Slow and steady!!! Buying then flying.

Holly cow!!!How stupid one can be to believe crap like:Algorithmic blablabla Someone holding your bitcoin??? LOLExchange your coins for lolipop Such cretins give crypto bad name....

ّI have same strategy, Buy and hold
waiting for flying

There are always people who fall for scams like this. Greed can really blind people, even intelligent people.

thinking of buying Litecoin while its cheap, just wonder where it will be in 5 years? is it even worth the risk?

As i said. Stocks red.
Nothing new...
Who could have forseen it

Gold up....
Bitcoin slow but will pick up.


Just wait till bimbos see the stock market for what it is....



You guys loading crypto ??

Hi buddy.... ...Welcome back!!Well LITECOIN is about 1/120th of bitcoin price so bargain. I think it should be 1/30 to 1/50th. I'll add too.

What was today's dip about??

150 greens, poof??

Tether, the carp, back to 1.
Odd

Bitcoin is more solid (unmovable) than a brick wall.

HAPPY BIRTHDAY BITCOIN!!!

You are 10!!!

Picked this, quite silly, article.
Not best, but I'm lazy... .
5 QUESTIONS FOR THE NEXT DECADE. --
31 October 2018,
By Aaaaaa
Ten years ago today, a person or people going by the name of Satoshi Nakamoto published a paper about a new kind of money called Bitcoin that could changes hands over the Internet without help from a bank.
Bitcoin did not start trading until early the next year, but Satoshi's paper became the founding document...

Bitcoin was a landmark invention because it solved problems that had plagued earlier versions of Internet money. Notably, Bitcoin users can't spend the same money twice, and the system is extremely difficult to hack.
For the first few years, Bitcoin was used only by a relatively small community of people, and it was associated mostly with illegal activity, including drug sales. But the price skyrocketed to nearly $20,000 last year, and caught the attention of Wall Street. i believe that's a lie. It skyrocketed BECAUSE OF rich Wallstreet azzes.
my notes in red.. ..
Now the future of the digital currency -- which doesn't really operate like a currency now -- is murky.
Here are five questions that could define Bitcoin's second decade:
1. Will Bitcoin even be around in 10 years?
Even people who believe in Bitcoin's promise are quick to say that it could disappear at any time, and they plan their portfolios accordingly. Even though it's decentralized, and controlled by people operating nodes all over the world, it's vulnerable to government intervention. And although the Bitcoin blockchain hasn't been hacked yet, there's no guarantee that won't happen in the future.
silly question, and answer too. Typical moronic brain....
Your azz can dissappear too. Strong chemical solvent or abrasive toilet paper.....???
Do the morons plan their...accordingly???

2. Will it become useful as a currency?
Bitcoin transactions are slow to process, making the network useless for most kinds of payments. No one wants to wait 10 minutes or more to see if a payment for a sandwich went through. Even payments company Square (ticker: SQ) treats Bitcoin as an investment, not a currency. Developers are working on solutions for that issue, developing a technology called the Lightning Network that promises "instant" transactions...
LN is here and 6 companies develop it.
Duuuhhhh
It's both investment and currency. Duuuhhhh.

3. Will Wall Street's fascination wane?
Wall Street banks have been reticent to use or trade Bitcoin because of its questionable legality and utility. But its price rise in 2017 got them more interested, and major exchanges started trading Bitcoin futures at the end of the year. Since then, there's been less obvious progress, and the price has fallen by 60% from its highs. The Securities and Exchange Commission has repeatedly rebuffed attempts to introduce Bitcoin exchange-traded funds.
Banks etc has been reticent to put up ATMs, credit cards, mortgages.. ..
i remember the cries - it's all baaaaad when ATMs were first hacked.
Idiots were everywhere .... Now banks are almost gone from high street .
Duuuhhhh
4. Will Bitcoin remain the dominant digital coin?
Bitcoin has the largest market cap of all digital coins, but its lead has been whittled away. It makes up $110 billion of the $203 billion digital coin market, but made up 92% of the market at the start of 2016. There are several competitors that are more useful (Ether), faster (Dash), or offer users more privacy (Zcash and Monero). Still, Bitcoin will be tough to dethrone, because it's arguably the furthest along in winning acceptance from regulators. And it's a household name, even if most households still don't own any.
yes. It's big name.
And stupid explanation for the other coins.

5. Will regulators squash the market?
Regulators are watching the digital coin market closely, and the SEC has accused some initial coin offering companies of misleading investors. Still, the SEC has started to develop a road map that could eventually lead to a Bitcoin ETF. And Congress even has a Blockchain Caucus.
Why squash????
Did regulation squashed the Movies industry, Banks, Oil, Dental, Electric, Telephone, DVD, BLU Ray.....etc industry????
Duuuhhhh

Soooo....Conclusion: years will go by before all idiots will accept the need for honest money like bitcoin .

...like this

Luckily, now 1-2% people hold crypto, and 10-15% know about it.

Patience

The DOW and the NASDAQ has rallied for two days, after their 2831 and 1129 point fall, respectively, in October. This is likely not a Dead Cat Bounce, but it is the final rally before the market crashes between the next 9 to 18 months. It will be volatile in that run up period. Hold onto your cryptocurrencies, even better add to them. The pace of adoption of Bitcoin and cryptocurrencies will increase as more people become aware of them.

Millions of people need to get smart. That will take 2 years. Max.

Then billions need to learn....

Anyway
We're ahead

News:
Wasabi wallet released!!!

Goldman Sachs now own Poloniex. Shhhhhh
Expect more spikes, lies, crookery....before flight up.

Chinese people legally can own bitcoin

New ETF to be discussed.

Mastercard, Visa to support bitcoin.

Japan - self regulation.

Big banks add extra 2 billions in "crypto under management ". Did liars forget to tell you this???? LOL.

Overall great news.

We are like this
Idiots against bitcoin, but BRIGHT FUTURE coming

🍻

Some news from the UK - The Financial Conduct Authority (FCA) in the UK plans to launch a consultation on a potential ban on the sale of derivatives based on crypto coins like Ethereum, Bitcoin and Dash – a move that counts as the first major effort to regulate the growing crypto market.

The consultation on whether to ban retail trade with crypto based derivatives like CFDs (Contract for Difference) options and futures, will be held in the first quarter of next year

The value of all the gold in the world is about $7 Trillion.

The industrial value of gold (for use in electronics) does not support a $7T valuation. Rational market actors continue to purchase gold at these prices because gold is considered a hedge against fiat inflation. This is true despite the fact that humans continue to mine an amount of gold each year that implies 1.5% inflation, and we don’t have any reason to believe this will slow down in the foreseeable future.

All base-layer (not layer 2) cryptocurrencies are digital gold in that they are not subject to fiat inflation and can serve as a hedge against fiat inflation in a portfolio. Even a cryptoasset such as EOS, which is not generally considered a digital gold like Bitcoin, inflates at only 1%/year compared to gold’s 1.25%.
All cryptocurrencies – including Bitcoin, Ethereum, and many others – share a few key characteristics:

1. A transparent, auditable, and predictable supply schedule
2. Censorship resistant – no one can prevent any holder from spending her crypto.
3. Permissionless – a user does not need to ask for permission to begin using these systems. She just downloads software, generates private keys, and can start, no questions asked.
4. Self-sovereign – a user owns bearer assets. She doesn’t need to rely on a trusted party, and therefore she can walk across borders carrying $1B in her head.
5. Divisible — can be divided into small increments that can be used in exchange for goods of varying values
6. Portable — meaning that it can be carried
7. Fungible — meaning all units are essentially interchangeable

As a store of value, gold is almost entirely inferior to crypto, except that gold has been around longer. Overtime, cryptocurrencies will consume the vast majority of the market value of gold as investors seeking an inflationary hedge sell precious metals for cryptocurrencies.

Great post. Clear and systematic.
What do you mean by "layer two cryptocurrencies"? Tokens?

Layer 2 refers to Sidechain solutions such as the Lightning Network on top of the Bitcoin blockchain.