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Author Topic: Anyone tried using their images on Steemit?  (Read 2621 times)

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« Reply #25 on: September 13, 2017, 09:16 »
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With my usual classic timing, Bitcoin has crashed.  Lucky I didn't put much in.  Could be a good time to buy, if you like a pure gamble.  Don't risk anything you wouldn't feel comfortable burning :)

It has only crashed if you sell. Did you expect it to just go up? It's extremely volatile, and like any volatile stock, it will go up and down heavily.

The yearly graph looks pretty good though.  :)


« Reply #26 on: September 13, 2017, 11:22 »
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Going through cryptocurrencies projects I found Creativechain.org it describes itself as "a multimedia marketplace for distributed intellectual property"

"Thanks to Creativechains peer-to-peer ecosystem we can forget about the opaque and centralized models of content distribution whose intermediaries set huge fees that make the work of authors more expensive."

"At Creativechain we are challenging the centralized power of traditional systems of copyright management entities. We offer a public and transparent alternative to intellectual property registration using revolutionary distributed technology blockchain"

It sounds exciting science fiction, what do you think guys?
I signed up for beta testing and downloaded crea wallet.

Apparently cryptocurrencies are here to stay and blockchain is a revolutionary technology ::)
« Last Edit: September 13, 2017, 11:26 by spamowanka »

« Reply #27 on: September 13, 2017, 11:33 »
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With my usual classic timing, Bitcoin has crashed.  Lucky I didn't put much in.  Could be a good time to buy, if you like a pure gamble.  Don't risk anything you wouldn't feel comfortable burning :)

It has only crashed if you sell. Did you expect it to just go up? It's extremely volatile, and like any volatile stock, it will go up and down heavily.

The yearly graph looks pretty good though.  :)
I thought there was a strong likelihood of something like this happening, that's why I've only put a small amount of money in.  I'm used to dealing with volatility, I used to day trade before I got into microstock.  I made money from some stocks in the tech bubble that then went to zero, so I'm well aware of how this could go.  Just seems more crazy not to dabble with it when you see how that one year chart looks.

« Reply #28 on: September 13, 2017, 14:09 »
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Going through cryptocurrencies projects I found Creativechain.org it describes itself as "a multimedia marketplace for distributed intellectual property"

"Thanks to Creativechains peer-to-peer ecosystem we can forget about the opaque and centralized models of content distribution whose intermediaries set huge fees that make the work of authors more expensive."

"At Creativechain we are challenging the centralized power of traditional systems of copyright management entities. We offer a public and transparent alternative to intellectual property registration using revolutionary distributed technology blockchain"

It sounds exciting science fiction, what do you think guys?
I signed up for beta testing and downloaded crea wallet.

Apparently cryptocurrencies are here to stay and blockchain is a revolutionary technology ::)


Maybe Leaf can set up a blockchain for us.  Then we can mine microstock-bucks. 


« Reply #29 on: September 13, 2017, 19:55 »
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I don't understand these cryptocurrencies - can they be converted into real money?  if you get credits that you can't actually spend for anything useful then it is no better than the badges and points you get for writing Tripadvisor reviews.  If you can't cash them out then I just don't see the point.
Yes they can and with the benefit of hindsight I should have bought some but I'm not about to now. https://www.theguardian.com/business/2017/sep/12/cryptocurrency-investors-bitcoin-could-lose-money-fca-warns

Here's a quote from that Guardian article,
"In a long list of warnings, the regulator said ICOs were almost completely unregulated, offered no investor protection, were subject to extreme price volatility, and had the potential for fraud."
But other than that they are great!  I think I'll pass - plenty of other ways to lose money already.

« Reply #30 on: September 14, 2017, 03:39 »
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You don't have to touch ICOs to make money with bitcoin.  There has been a lot of IPO fraud fraud in the past too.  I don't bother with either.  Some of them might be very lucrative but the two IPO's I tried years ago both went wrong and it put me off.

« Reply #31 on: September 15, 2017, 02:09 »
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Looks like bitcoin is going to at least halve in value from its peak.  I hoped it would keep going for a few more months but that wasn't to be.  It's bounced back many times but I expect it wont one day and that could be now.

« Reply #32 on: September 15, 2017, 02:27 »
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Looks like bitcoin is going to at least halve in value from its peak.  I hoped it would keep going for a few more months but that wasn't to be.  It's bounced back many times but I expect it wont one day and that could be now.

As you said yourself. Only use money you can afford to lose.  :D


 

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