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The future of money...long term

Discussion in 'CryptoCurrency' started by marketingmagnif, May 24, 2017.

  1. marketingmagnif

    marketingmagnif Junior Member

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    I have quite a bit invested in altcoins...my favorites are BTC, ETH and LTC but I also have some XRP and Stellars...

    I am pleased with the latest continuous uptrends but would honestly prefer a huge crash...anyone else agree?

    I think these currencies are the future of our monetary systems....I will like quadruple down on the crash...I made this thread for a few reasons:

    1.) I am curious what altcoins you are invested in and why?

    2.) When do you expect the crash to happen? (obv this is all speculation)

    3.) How long have you been in altcoins and which ones? How much do you have?

    Looking forward to this thread :)
     
  2. serpentofthelight

    serpentofthelight Jr. VIP Jr. VIP

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    I'm currently investing in BTC because i find it more affordable. I expect it to crash in the next decade being honestly, because it's getting popular that any other altcoin.
     
  3. Entriquit

    Entriquit Registered Member

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    I am currently invested primarily in ETH, BTC, LTC, STRATIS, DECRED & BURSTCOIN.

    I honestly can't see a full on crash coming anytime in the near future. I do however, expect growth to slow down dramatically in the following weeks.

    I have been invested in altcoins for about 6 months now, after reading about bitcoin for several years. I really believe in the whole idea of decentralization of the world's financial institutions and large data companies and I think bitcoins and several other altcoins have potential to make a serious impact...

    Just my two satoshis
     
  4. The Doctor

    The Doctor Jr. VIP Jr. VIP

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    ETH is where it's at long-term
     
  5. ntjoji

    ntjoji Registered Member

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    ETH seems to be more profitable right now
     
  6. davids355

    davids355 Jr. VIP Jr. VIP

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    Hmm. Seems eth is being takes about a lot now. Good investment I think.
    But current value aside, will it really overtake bitcoin in terms of popularity and take up?
     
  7. SEO

    SEO Jr. VIP Jr. VIP

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    I'm not currently invested, but I would invest in the coin with the most corporations piling into it. As cool as the "buck the system" coins might be, governments and corporations will never allow themselves to lose control of money. The issuance of money will never be democratized, at least, not peacefully.

    Predicting the crash is tough. One of the problems I've had with a lot of the cryptocurrency threads on BHW is how divorced they are from the underlying fundamentals that drive them up or down. Most people discuss these coins as though they're going up or down of their own volition. The reality is that these coins are currently being driven by world events (primarily in Asia due to capital controls). Therefore, predicting a crash is a lot more than predicting price moves in the markets. It becomes about trying to predict the future of world events. Very tall order for us individuals to pull off.

    Anyways, you're quite possibly correct that these might be the future. I mean, what government wouldn't want all of their citizens on a digital currency where all transactions are recorded and verified and nearly impossible to forge? No one would be able to hide their money, and auditing things could be done with a snap of the fingers. So yes, I do believe governments want cryptocurrency to be the future. They just need to figure out how to control it.