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Old 3rd September 2018, 07:40 AM
ulfilias ulfilias is offline
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Join Date: Apr 2009
Location: Peterborough, Cambs, UK
Posts: 961
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Hi There,

I'll go with disappointing. They had so much potential at the beginning of the year. With the slight rise recently I've probably about a grand of crypto for an investment of 3-4 with the electricity costs. I knew it was a gamble and didn't put more in than I could afford to lose, so i'm ok, but i've 3 probably almost worthless ascic miners. I did get a lower gas bill, but a much higher electricity one, so maybe offset a little

I still believe that in time crypto will hold true, but the confidence has been quite heavily shaken by the media assault on the new tech. Probably because the banking sector is very controlling and has a lot of power.
It ain't dead by any means but as investment goes it is somewhat lacking, then again it wasn't conceived as investment but facilitating a solution to a monetarial trust problem across the internet and it still meets those goals!

Lee
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