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3 yrs from now, those who still trade in crypto currency will be considered criminals. It will be outlawed by most countries. 4 years from now there will be no crypto trading.
The whales who manipulate the markets now will be cashed in and living on a tropical island. No problem.
The skimmers, who are trading right now and making a decent profit will find something else to profit on, as they always do.
And, the newbies will lose most of what they invest, as they always do.
History backs up this view.
Disclaimer: I could be wrong.
Cpt.
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No, banks will always control currency. They have political power beyond anything you can imagine. They're whales 100X beyond Bitcoin whales ever thought of being. The governments will get angry because they cannot control currency and shut down crypto currency. But, that's a few years off and a lot of profit before that happens.
Cpt.
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Can it be mined? Plus all the questions above.
Cpt.
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Thanks Mahvia, good advice. LOKI seems to have made a nice increase so far but my crystal ball is a little hazy on this one. Hoping for the best.
Cheers, Cpt.
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Newbie to the forum and fairly new to mining. Been mining LiteCoin with a homemade rig for about 2 months.
I bought a more serious new mining rig recently and have been mining LOKI for about a week. Seems to be going OK. 8 amd 580's, averaging about 7 LOK's a day. That part probably doesn't pay the electric bill, which is OK. I'm looking at it as more of a "buy and hold" strategy.
The thing that has me a bit concerned is, there seems to be no place to exchange LOK. Again, I'm all about buy and hold but at what point does this become a poor strategy if there's no place to cash in.
I would really appreciate the forum's thoughts on the LOKI marketplace and any other advice you'd have for a relative newbie. Much appreciated.
Cpt.
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Newbie to the forum and fairly new to mining.
I have been mining LOKI for about a week. Seems to be going OK. 8 amd 580's, averaging about 7 LOK's a day. That part probably doesn't pay the electric bill, which is OK. I'm looking at it as more of a "buy and hold" strategy.
The thing that has me a bit concerned is, there seems to be no place to exchange LOK. Again, I'm all about buy and hold but a what point does this become a poor strategy if there's no place to cash in.
I would really appreciate the forum's thoughts on the LOKI marketplace and any other advice you'd have for a relative newbie. Much appreciated.
Cpt.
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