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Bitcoin: Does it have a future ?
ngapat
#171 Posted : Tuesday, December 26, 2017 7:09:41 AM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
As much as i want to believe digital currencies are the future, the rate at which new coins are coming up is scary. Fraudsters will take advantage of cryptocurrencies and come up with shitcoins to defraud people. Iam in cryptocurrencies but with alot of caution
“Invest in yourself. Your career is the engine of your wealth.”
sparkly
#172 Posted : Tuesday, December 26, 2017 10:46:37 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
ngapat wrote:
As much as i want to believe digital currencies are the future, the rate at which new coins are coming up is scary. Fraudsters will take advantage of cryptocurrencies and come up with shitcoins to defraud people. Iam in cryptocurrencies but with alot of caution


South Sea bubble, tulip mania, stock crash of 1929, internet bubble, pyramid schemes, forex trade, quail eggs ... lessons are well documented that too much of everything ends badly but human emotions of fear and greed are not easy to controll.
Life is short. Live passionately.
Mukiri
#173 Posted : Tuesday, December 26, 2017 11:04:23 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
Museveni wrote:
Mukiri wrote:
winmak wrote:
Is this nurucoin like a Kenyan crypto?

Yes. A brilliant idea behind it. If we can get the youth in Kenya to get into crypto, with the back-up of county governments, don't you think it would be awesome? So many youths, very few jobs, most can get access to the net. Marry this with mining.

This nurucoin is a fraud. If the brains behind it is in this forum take this criticism positively. This is a ploy to raise 10B Kes. Covering election expenses ?

In this life, pleasing everyone is an exercise in futility. Good thing is that no one is being forced. Any doubting Thomas can step aside and let those who will, do.

Im reminded that accidents are the major killers. Get into a vehicle at your own risk. That, and always risk what you can afford to lose. If you can't afford to lose anything, then don't invest. To quote one babu 'Kelele ya .....'

Proverbs 19:21
Mukiri
#174 Posted : Tuesday, December 26, 2017 11:08:59 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
ngapat wrote:
As much as i want to believe digital currencies are the future, the rate at which new coins are coming up is scary. Fraudsters will take advantage of cryptocurrencies and come up with shitcoins to defraud people. Iam in cryptocurrencies but with alot of caution

Amen.

Risk assessment and management should be any crypto investor first priority. Case in point, the present. Bitcoin is on a rise because of a fork tomorrow. I'd personally sell my holdings in crypto, get into the Bitcoin gravy, get my Bitcoin lightening then get back to preferred coin

Proverbs 19:21
sparkly
#175 Posted : Tuesday, December 26, 2017 11:40:33 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Mukiri wrote:
Museveni wrote:
Mukiri wrote:
winmak wrote:
Is this nurucoin like a Kenyan crypto?

Yes. A brilliant idea behind it. If we can get the youth in Kenya to get into crypto, with the back-up of county governments, don't you think it would be awesome? So many youths, very few jobs, most can get access to the net. Marry this with mining.

This nurucoin is a fraud. If the brains behind it is in this forum take this criticism positively. This is a ploy to raise 10B Kes. Covering election expenses ?

In this life, pleasing everyone is an exercise in futility. Good thing is that no one is being forced. Any doubting Thomas can step aside and let those who will, do.

Im reminded that accidents are the major killers. Get into a vehicle at your own risk. That, and always risk what you can afford to lose. If you can't afford to lose anything, then don't invest. To quote one babu 'Kelele ya .....'


Come slowly, you post with alot of vitisho as if you are the one who invented cryptos Laughing out loudly Laughing out loudly
Life is short. Live passionately.
Mukiri
#176 Posted : Tuesday, December 26, 2017 11:55:52 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
sparkly wrote:
Mukiri wrote:
Museveni wrote:
Mukiri wrote:
winmak wrote:
Is this nurucoin like a Kenyan crypto?

Yes. A brilliant idea behind it. If we can get the youth in Kenya to get into crypto, with the back-up of county governments, don't you think it would be awesome? So many youths, very few jobs, most can get access to the net. Marry this with mining.

This nurucoin is a fraud. If the brains behind it is in this forum take this criticism positively. This is a ploy to raise 10B Kes. Covering election expenses ?

In this life, pleasing everyone is an exercise in futility. Good thing is that no one is being forced. Any doubting Thomas can step aside and let those who will, do.

Im reminded that accidents are the major killers. Get into a vehicle at your own risk. That, and always risk what you can afford to lose. If you can't afford to lose anything, then don't invest. To quote one babu 'Kelele ya .....'


Come slowly, you post with alot of vitisho as if you are the one who invented cryptos Laughing out loudly Laughing out loudly

Laughing out loudly My bad. Passion much. Wacha nikunywe coolaid

Proverbs 19:21
mamilli
#177 Posted : Thursday, December 28, 2017 10:32:21 AM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Mukiri wrote:
maka wrote:
BestCloserKenya wrote:
i dont think Bitcoins have much of a future. They will only hit in the Geek world and wont be used much in the mainstream world. It is highly unstable if you buying to sell in the BitXchange. i once bought @ $96 and it fell to $49 and hasnt risen much since then,


smile

smile smile


Sasa nyinyi mnasmile nini smile
(yaani s/he had btc @96...wee!)It's said that the major organ for successful trades in equities is guts,brains 2nd.
Never lose your position in a bull market,BTFD.
mamilli
#178 Posted : Thursday, December 28, 2017 10:54:13 AM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Come 2018 I will venture into the murky waters of crypto....settled for Ether and XRP.Two platforms(Localbitcoins and Remitano) have caught my attention due to their apparent ease of trade,and that they are 'escrow protected'.problem is the 'sell offers' are at a premium (almost 20%).Anyone knows of better platforms/exchanges(preferably those that accept fiat currency) i should consider?
Never lose your position in a bull market,BTFD.
Mukiri
#179 Posted : Thursday, December 28, 2017 11:48:48 AM
Rank: Elder

Joined: 7/11/2012
Posts: 5,222
mamilli wrote:
Come 2018 I will venture into the murky waters of crypto....settled for Ether and XRP.Two platforms(Localbitcoins and Remitano) have caught my attention due to their apparent ease of trade,and that they are 'escrow protected'.problem is the 'sell offers' are at a premium (almost 20%).Anyone knows of better platforms/exchanges(preferably those that accept fiat currency) i should consider?

mmuukkiirrii et gmail

Proverbs 19:21
mamilli
#180 Posted : Thursday, December 28, 2017 12:00:16 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
Mukiri wrote:
mamilli wrote:
Come 2018 I will venture into the murky waters of crypto....settled for Ether and XRP.Two platforms(Localbitcoins and Remitano) have caught my attention due to their apparent ease of trade,and that they are 'escrow protected'.problem is the 'sell offers' are at a premium (almost 20%).Anyone knows of better platforms/exchanges(preferably those that accept fiat currency) i should consider?

mmuukkiirrii et gmail


Thanks elder,will be in touch.
Never lose your position in a bull market,BTFD.
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