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Alternate cryptocurrencies / Mining (Altcoins) / Crypto is dead because credit card companies stop crypto purchases
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on: April 03, 2018, 03:28:36 PM
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There will never be highs as high as we saw in 2017.the common person won't be able to buy crypto with credit. Add to that strick crypto tax laws and you will see it's not worth it to buy crypto now is the time to sell sell sell, before your left with tulips.people are waking up to the nightmare called the IRS and the tax people. They owe the credit cards for buying $10,000 worth of ripple when it was $3.00....they owe the IRS for the any "profits" they made. Dont buy any over priced video cards it's only going to get worse. Bitcoin will go down to $1500 a coin by the end of 2018 https://medium.com/@coinloop/the-real-reason-why-credit-card-companies-are-banning-bitcoin-purchases-a75315c2b060Major banks around the world have started banning purchases of Bitcoin and other cryptocurrencies on credit including banks in the United States, United Kingdom, Australia, Canada and Europe. There have been a number of reasons behind the ban with most banks opting that they are trying to protect their customers from a risky unregulated market. Massive returns on cryptocurrency markets in 2017 saw so much growth that major exchanges had to block users making accounts due to not being able to keep up with demand.
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Alternate cryptocurrencies / Mining (Altcoins) / I'm calling it crypto is dead in 2018...the crypto hype has died like disco did
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on: March 18, 2018, 01:31:40 PM
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To many people lost money To many regulations To many new tax laws Will take another 4 years for a "new" crowd to come in an invest To many exchanges robbed people
Over all everyone is now turned off by crypto, maybe 2019 might be better but this year is all about 1080tis costing $1000+ and barely making $1, coins with 1-3 month life cycles
I came in at the beginning of the bubble watched it rise and now I seen it burst. Say it after me crypto is dead in 2018
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Alternate cryptocurrencies / Altcoin Discussion / the 2018 crypto crash is now like the 1990s dot com crash
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on: March 09, 2018, 04:49:49 AM
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just like the 90s dot com crash, you have many people who lost money, instead of dot coms its coins, every other day in the 90s a new dot com opened up just like the coins now that comes out
its going to take a new generation of people to invest in crypto. I predict a 4 year bear market where its going to be like this for 4 years. there just isnt enough investors anymore
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