Cryptocurrencies.. whos in it?

[The1]

this was a pic i came across the other day

[vlad01]

yeah I noticed similar on the history chart.

[immortality]

This year might be different, there are a whole lot of countries looking at bitcoin and considering doing similar to Korea. China is too and bitcoin has been huge there.

[The1]

im quite fine with that, it should actually make crypto be taken more seriously then if you have to use legitimate means to trade money into a market. In the long run it will benefit us all, i just read Brisbane airport will be accepting cryptos in the food court.

[immortality]

edit: I got the wrong info there, a NZ bank is closing the accounts of the NZ Cryptopia exchange due to the new Anti-money laundering legislation.

See https://www.stuff.co.nz/business/101038 ... -cryptopia

So what trading platforms are people here using?

[immortality]

And more bad news today for bitcoin...

See Bitcoin slumps below US$8,500 as Facebook bans cryptocurrency adverts

[vlad01]

No where near as bad as all the others, with all the drops in price bitcoin had one of the least drops. The others have dropped around 70-80% in the last month while bitcoin around 50-60%, oh and Etherium that also held out better with around 50%. Still its a fair fall across the broad.

[immortality]

Yep, I think it's going to take a little while longer before things settle down.

[The1]

yeh it'l only go so far till eveyone hits buy buy buy

[vlad01]

oh wow check them out now. So much for what I said about etherium, that just went down around 75% in less than a day lol. I see a big buying frenzy over the next month or 2.