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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@SantidreamerI was really bullish on PMs, but after studying their price suppression realise crypto currencies will win the fiat currency war. #bitcoin is doing great 2017. #munero is secretive, transactions can not be traced, good for when crypto currencies are made illegal (as happened in Thailand). #dash pays not only miners, but also master nodes (part of infrastructure) software developers and marketing via a voting system where only stake holders get a vote (eg master nodes & holders of 1000 dash coins). The race is on for that killer app that makes #crypto very easy to use. It is VHS vs Betamax all over agian and best (Betamax) system did not will last time.
BrianBitcoinBull@zentrarian ETH has a lot of Dirty Laundry and things that are unclear. Hype and momentum is on its side so it will likely go higher. No problem taking a free ride. Much like you I accumulated all mine originally in the $10-15 range. Sold most which looks like a mistake now at $222 to put everything into #Litecoin. Which I personally believe is the most honest Crypto out there. I actually like the fact people think its boring coin until 3 days ago. Not going back to bailout early investors like ETH did or change their name multiple times like #DASH to cover up mistake after mistake. Like we talk about in the mining industry people do matter in the Crypto space. With all that said I have speculative positions in many areas. Just something to think consider because there is massive hype and a ton of ICOs that are going to end up being scams and paid promoters out there on YouTube pimping themselves out for coins.
BrianBitcoinBull@Newton Anyone who has mined Crypto knows it barely profitable. That is why people like Genesis sell the Hashpower to customers for Cloud Mining rather than just mine the coins and sell those themselves. Don't think its out of the goodness of their heart. Iceland is an excellent place to run a Crypto mine because of the cold weather which cools the hot machines and the low cost abundant Geothermoal energy. But make no mistake Crypto mining is a tough business that is why Roger Ver has been arguing for #Bitcoin Unlimited and threatening a Hard Fork so that miners control the fee structure. While it is super interesting that guys like Frank Geustra are getting involved in the space its not glamorous. Like I said before for #Ethereum#Litecoin#Dash and the other Cryptos the money in the space is being made by the exchanges on transaction fees. I love the Small caps but #Hive is not something I would touch unless you are speculating the Crypto crowd will bid up the price initially just because it has to do with Crypto and nothing to do with the business. Which is a real possibility. Kinda like the Marjuana stocks.