Almost all cryptocurrencies have been seeing massive losses in the past day or two

Here are some others that are also selling ripple, look into stellar lumens too.

Bithumb XRP/KRW $1,451,840,000 * $1.15 32.40% Recently
2 Upbit XRP/KRW $449,970,000 * $1.13 10.04% Recently
3 Bitfinex XRP/USD $341,031,000 $0.989990 7.61% Recently
4 Coinone XRP/KRW $297,228,000 * $1.14 6.63% Recently
5 Poloniex XRP/BTC $227,063,000 $0.992130 5.07% Recently
6 Korbit XRP/KRW $167,415,000 * $1.12 3.74% Recently
7 Bitstamp XRP/USD $153,744,000 $1.00 3.43% Recently
8 Binance XRP/BTC $134,684,000 $1.00 3.01% Recently
9 Bittrex XRP/BTC $132,629,000 $0.995200 2.96% Recently
10 Kraken XRP/EUR $117,724,000 $0.997081 2.63% Recently
11 HitBTC XRP/BTC $106,136,000 $0.988741 2.37% Recently

a reply to: face23785

a reply to: face23785

Absofreakinglutely, but once you've got the bases covered then you want to preserve wealth right? 5000 years of human history has proven that precious metals are best suited for that task.

But, they have 1 other thing that people overlook, they are stored energy. It took energy and manpower to mine, refine and cast them into coins and bars. That may not seem like a big deal now, but just wait about 5-10 years when our energy returned over energy invested ratios of our fossil fuels collapses.

Then people will see what I'm talking about. Until then, wave me off as another lunatic on the internet.

a reply to: SkeptiSchism

um...i cant buy into precious metals with play around money and get 5000 percent returns....so...you know...

a reply to: SkeptiSchism

Agreed, anyone wondering just go to Youtube and watch any doc on silver/gold mining. Lots and lots of $$$$ sunk into infrastructure to get the fraction of an ounce of gold/silver out of a ton of aggregate.

Good point, as energy prices go up, so will the value of such high energy/infrastructure consuming industry products.

originally posted by: Gazrok
a reply to: SkeptiSchism

um...i cant buy into precious metals with play around money and get 5000 percent returns....so...you know...

BTG!

Bitcoin Gold

Precious crypto currencies.

Look like Buffet is right after all

a reply to: whiteblack

Look like Buffet is right after all

One day does not define an industry.

a reply to: whiteblack

Yes, because markets never go down.

originally posted by: whiteblack
Look like Buffet is right after all

The entire market cap for cryptocurrency is more $$ than Buffet has.

originally posted by: SkeptiSchism
a reply to: face23785

Absofreakinglutely, but once you've got the bases covered then you want to preserve wealth right? 5000 years of human history has proven that precious metals are best suited for that task.

But, they have 1 other thing that people overlook, they are stored energy. It took energy and manpower to mine, refine and cast them into coins and bars. That may not seem like a big deal now, but just wait about 5-10 years when our energy returned over energy invested ratios of our fossil fuels collapses.

Then people will see what I'm talking about. Until then, wave me off as another lunatic on the internet.

It's always wise to diversify.

Precious metals aren't really stored energy in the sense you're talking about though. Aside from their industrial values, metals are only as valuable as people are willing to pay for them. In a real catastrophe, nobody is gonna give a damn about your gold. They're going to want your food and water.

a reply to: seasonal

I got on Binance, it was very easy to use, even for a rookie like me.

Oh..OH>>>OH!!!!

thenextweb.com...

a reply to: face23785

Jump on in the water is war.

Edit: Ooops warm.


,

originally posted by: seasonal
a reply to: face23785

Jump on in the water is war.

Edit: Ooops warm.


,

Unfortunately I don't have a lot of throwaway money right now. My other investments have been doing very well lately (thanks Trump) though, so if I miss out on some cash bonanza with cryptos, meh. I already missed out on one. I had an opportunity to buy into Bitcoin back when it was virtually worthless, but I didn't bite. Even if I had only thrown $100 at it I'd be sitting on a pretty nice chunk of change.

a reply to: face23785

Right now there is a sale on every single coin in the top 100. I like Ripple, stellar lumens, cardano.

Now is a good time to be in buying market, maybe.

I got a buddy neck deep in BitConnect.

I feel for him.

a reply to: projectvxn

That sucks for him, really. Good thing is that they closed shop. Makes me think this is a needed healthy correction.

originally posted by: seasonal
a reply to: face23785

...maybe.

Funny.

I almost got in to cloud mining.

Even created an account at one of them.,

Last second.

I thought better not.

a reply to: neo96

That's for sure, if you react, you could end up selling at or near the bottom of the dip. If you hodl, you should probably get your money back eventually.