I'll tell you who has taken over bitcoin: china. 80% of bitcoin and ethereum are dominated by chinese mining pools

Thats your strawman dude @Shaunuss

that's a problem for the USA

Thats not at all what im saying

Call it whatever you like

@Shaunuss i said i know some shit

I was hoping for some interest and discussion, not a shut-down

Not that im not interested in crypto

Yes that is my discussion ffs

I have to support something i strongly believe will lose you a lot of money

I wont do it

Ripple's XRP is a very promising cryptocurrency that has an actual use case scenario for transactions that only take 4 seconds

the gates foundation just got behind it

as have loads of major financial institutions

it's going to go up in price considerably

If youre knowledgeable trade short term

Blockchain technology has evolved beyond being imaginary money

That makes a lot of sense

But thats nkt what u said

Trading long term is what i disagreed with, just fyi

@Shaunuss the price in coins is almost unpredictable, i wouldnt just rel on companies claiming to be behind it.

it's gonna take a while for xrp to attain it's value

it looks like a bull run in the short term, followed by a bear market, then a long slow bull run to higher value

I'm prepared to take a pretty big risk if there's a chance of coming out the other end a millionaire

@Mysteriedingens nah there's a bit more than that too 😃

may need to hodl for 1-4 years

@Shaunuss i dont want to hold you back but if you see taking risk as deploying half your assets into crypto, pls dont

The worlds economies will collapse, they have to... And when they do new currencies will be introduced and the rest will be illegal

nah it's not half my assets hahahah

only invest money you dont depend on at all, that you could live without.

I own a house and I'm already pretty secure, but I'm dropping enough into crypto that if it goes as predicted I can at least pay my house off

Shaun why not invest half your assets into marijuana?

i saw some friends make mistake in this regards

sigh

Thats like a sure thing, especially if you are working the business angle

I already have a business dude, I already have a bunch of stock of LED grow lights

I will be spending this weekend scoping a job to kit out a guy's legal grow op in oklahoma with my lights

Mate I am still in school I can't afford bitcoin anyway. A safe investment is in precious metals like gold silver

Dont really understand your need to diversify, but you seem to have your heart set. So do you

I guess I got my big boy pants on, I'm not going for safe, I'm going for high risk high reward

I also work a full time job, and I also do debt collection and process serving on the side