The crypto delusion show has been so much fun to watch

Masternode wrote:

gains from march till now have paid off my student loans ;)

take a dive into the masternode world.

Really? In late March Bitcoin was just under $8,000. Now it is just over $6,000.

Communism is the only terminally sustainable economic system given it is governed by a proper set of checks and balances that prevent dictators from abusing the system for their personal gain.

Any system works, if you don't have bad people....

"The festival was over, the boys were all plannin' for a fall

The cabaret was quiet except for the drillin' in the wall

The curfew had been lifted and the gamblin' wheel shut down

Anyone with any sense had already left town..."

Bob Dylan, "Lily, Rosemary and the Jack of Hearts"

I wear shorts wrote:

Who here has actually made money on this? As in, cashed out?

I made about $100,000. I used it to pay off debts and pay a down payment on a house. Bitcoin actually shot up considerably just after I cashed out, but that is OK because if I did not do it I would have missed a great house. I sold around $2500 - $3000 range. After all this, I realized I still had a considerable holding in Bitcoin Cash, the fork. I sold much of this for MaidSafe and IOTA and am sitting on that. I could have made considerably more if I had not spent so much of it on ordering stuff over the years, or if I had at least replaced what I spent.

Where do you get charts for the various Cryptos?

Want to know how wrote:

Where do you get charts for the various Cryptos?

I mostly agree with what you're saying.

There will be a time, as it is already happening, where a majority of purchases and exchanges occur with paperless money.

However, the changes in currency you noted also have something in common: they are still physical currencies.

There are a lot of people that will continue to use it, and prefer, even if just for the distrust of the paperless alternative.

March-to-June wrote:

Masternode wrote:

gains from march till now have paid off my student loans ;)

take a dive into the masternode world.

Really? In late March Bitcoin was just under $8,000. Now it is just over $6,000.

Bitcoin isn't the only crypto on the block. Masternodes offer rewards in return for locking a specific amount of collateral. Many are scams, many have unrealistic ROI's, but if you find a couple at the right time.. it can be very profitable

Contrary to what an outsider might think, people who manage other people’s money don’t base their decisions on how to maximize returns. Their first consideration is whether they could justify their actions should something go wrong

intenserunner wrote:

I wear shorts wrote:

Who here has actually made money on this? As in, cashed out?

I made about $100,000. I used it to pay off debts and pay a down payment on a house. Bitcoin actually shot up considerably just after I cashed out, but that is OK because if I did not do it I would have missed a great house. I sold around $2500 - $3000 range. After all this, I realized I still had a considerable holding in Bitcoin Cash, the fork. I sold much of this for MaidSafe and IOTA and am sitting on that. I could have made considerably more if I had not spent so much of it on ordering stuff over the years, or if I had at least replaced what I spent.

Even if that were true, which i doubt, I made 3x as much sitting in my apartment in Brooklyn. Every suckers bet has a few winners and for Bitcoin, Litecoin, etc, most people are holding and praying they get some money back.

Laws are for men, not angels wrote:

Communism is the only terminally sustainable economic system given it is governed by a proper set of checks and balances that prevent dictators from abusing the system for their personal gain.

Any system works, if you don't have bad people....

Capitalism encourages people to be bad, communism merely points out the ones willing to be

I agree with you, but my advice to anyone "holding and praying they get some money back" is to get out and fast. I have seen a quite a bit trading stocks, and my strong hunch here is that Bitcoin is not coming back anytime soon. IMO, it really looks like major positions are being unwound and done so with some little upswings that create the illusion of a rebound, suckering some to either buy the dip or hold on to their losing hands just in case it does start a sustained climb. I know there's a lot of players in crypto that aren't too experienced in stock trading, and i would hate to see them get really taken. But by the looks of it to me, the smart thing to do at this point is to cut one's losses and avoid loosing everything.

Good luck.

Cryptocurrency-mining malware writers are dialing back their use of your compute cycles in order to avoid detection.

"The latest cryptocoin miners I have seen try to make it a bit more difficult to detect them by being less greedy and not asking for all the CPU cycles at once," Ullrich said.

"They also take better advantage of some newer CPU features like AES support.

https://isc.sans.edu/forums/diary/New+and+Improved+Cryptominers+Now+with+50+less+Greed/23812/

Just today: Bitcoin up +8%, Ethereum the same, Bitcoin Cash +13%, Ethereum Classic +11%, Bytecoin +29%, etc., etc., etc..........

Too bad for you, you missed the chance to make a fortune...!

$6,398.11 BITCOIN PRICE

−$1,141.78 SINCE LAST MONTH (USD)

−15.14% SINCE LAST MONTH (%)