• Welcome to the Cricket Web forums, one of the biggest forums in the world dedicated to cricket.

    You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join the Cricket Web community today!

    If you have any problems with the registration process or your account login, please contact us.

Cryptocurrency

Daemon

Well-known member
Fake news is generally annoying, but when it actually affects your wallet it's infuriating. This whole rubbish from lazy reporters in the mainstream media on South Korea banning crypto exchanges has been so dire.
 

Spark

Global Moderator
Fake news is generally annoying, but when it actually affects your wallet it's infuriating. This whole rubbish from lazy reporters in the mainstream media on South Korea banning crypto exchanges has been so dire.
I mean... that doesn't speak well to the stability of the commodity/currency or whatever, does it?
 

Daemon

Well-known member
The fact that it's so unstable is part of the reason why it's so attractive for trading purposes. News like that generally disrupts the cycles you see when doing TA especially when it's baseless.

I'm not a crypto fan or believer or whatever ftr, I'm just here for the ride.
 
Last edited:

Uppercut

Well-known member
Fake news is generally annoying, but when it actually affects your wallet it's infuriating. This whole rubbish from lazy reporters in the mainstream media on South Korea banning crypto exchanges has been so dire.
But if you know it's fake news then it's a buying opportunity. OTOH if ~every price movement is based on sentiment, then ~all cryptocurrency news is fake, so you can't complain :p.
 

Howe_zat

Well-known member
Fake news is generally annoying, but when it actually affects your wallet it's infuriating. This whole rubbish from lazy reporters in the mainstream media on South Korea banning crypto exchanges has been so dire.
That's precisely what you signed up for though. The whole point is to drive speculation.
 

Daemon

Well-known member
I understand that this market is irrational and that you wouldn't see the swings you do if it was. That is what I signed up for.

In this specific instance I'm naturally annoyed that false information directly affected my holdings. Simply criticizing bbc, reuters, ft etc for not doing a little bit of research.
 

Uppercut

Well-known member
For a job interview last month I wrote some stuff on how bubbles usually have two peaks, the second of which is for some reason always entirely forgotten. Looking at the BTC graph I really wish I had a paper on it ready to go.
 

Redbacks

Well-known member
I understand that this market is irrational and that you wouldn't see the swings you do if it was. That is what I signed up for.

In this specific instance I'm naturally annoyed that false information directly affected my holdings. Simply criticizing bbc, reuters, ft etc for not doing a little bit of research.
Journalists are generally illerate at econmics.

People are probably cashing in on their ignorance though. Become detached as an investor and ride the wave.
 
Last edited:

Redbacks

Well-known member
Everything sounds more high tech if you throw the word ‘quantum’ in front of it.

It’s all a bit fuzzy on the memory now, but I think Quantum cryptography should be essentially perfect because of the uncertainty principle. If it’s intercepted it will be detectable.
 

luckyjack

Active member
I'm pretty new to this bitcoin thing and I have downloaded the coinbase app recently and put 250 into bitcoin and 150 ethereum. I'm also thinking of using them for gambling, I read about Cryptocurrencies for Gambling and some online casinos which accept cryptocurrencies. Want to try my luck there too.
 
Top