THE BORE

General => The Superdeep Borehole => Topic started by: Bamelin on October 24, 2017, 05:12:00 PM

Title: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 24, 2017, 05:12:00 PM
I missed the boat back in 2013 during the rocket to $1000, finally decided to get back in again with a small $400 USD purchase.  While the price is currently around 5900 USD per coin, I think there's a lot of room to grow and this is still the "early adopter" phase.

Anyone else on the Bitcoin train?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on October 24, 2017, 05:12:51 PM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 24, 2017, 05:15:23 PM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge

With the upcoming Segwit2X fork I think the BTC price will spike as everyone buys in to get their "free" coins (once the blockchain forks, those that own BTC will suddenly own an equal amount of 2X coins too)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Valkyrie on October 24, 2017, 05:15:56 PM
Atra, please control your alt accounts.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: MMaRsu on October 24, 2017, 05:22:31 PM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge

That would be super sick dude.

I recently started working at a bank and I'm gonna start looking at some investments soon. What's the best cryptocurrency to invest in right now?

Bitcoin is out of my reach :(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 24, 2017, 05:23:57 PM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge

That would be super sick dude.

I recently started working at a bank and I'm gonna start looking at some investments soon. What's the best cryptocurrency to invest in right now?

Bitcoin is out of my reach :(

You know you can own part of a bitcoin right?  I put in $400 USD and I think i came out to 0.06 BTC.  It's not out of your reach.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 24, 2017, 05:27:28 PM
What are you all holding currently?  :doge

So far I'm only holding about 0.547 btc since I just started. Hopefully I can get that up to 5 btc in the coming months.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 24, 2017, 05:40:51 PM
I'm at 0.0655 but hoping to grow it.  I think there is a huge upside (won't surprise me at all to see the price shoot up past 10k in the next year).

The age of putting in 10 bucks into BTC and becoming a millionaire 5 years later is over, but putting in that 10 bucks might become 100 bucks over that 5 years.  Which means, speculative or not it's still a decent enough investment assuming you aren't throwing your life savings into it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: MMaRsu on October 24, 2017, 05:42:02 PM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge

That would be super sick dude.

I recently started working at a bank and I'm gonna start looking at some investments soon. What's the best cryptocurrency to invest in right now?

Bitcoin is out of my reach :(

You know you can own part of a bitcoin right?  I put in $400 USD and I think i came out to 0.06 BTC.  It's not out of your reach.

I did not know that but that is very interesting, I'll look into that. Thanks Bamelin! And glad to have you on here bud.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on October 24, 2017, 05:47:59 PM
Started investing a few months ago after my roommate convinced me. Got 1200(21) in Litecoin and 800 (.2) in Bitcoin right now using GDAX. I'll probably continue to invest $500 a month.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 24, 2017, 05:56:35 PM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge

That would be super sick dude.

I recently started working at a bank and I'm gonna start looking at some investments soon. What's the best cryptocurrency to invest in right now?

Bitcoin is out of my reach :(

You know you can own part of a bitcoin right?  I put in $400 USD and I think i came out to 0.06 BTC.  It's not out of your reach.

I did not know that but that is very interesting, I'll look into that. Thanks Bamelin! And glad to have you on here bud.

Thank brother.  I'm really digging this forum.  Reminds me of GAF before GAF went insane.

Also a decent enough place to start looking at bitcoin and how it works: https://www.reddit.com/r/BitcoinBeginners/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on October 24, 2017, 06:15:31 PM
I have 2 co-workers that are just getting into it. 1 mining, the other throwing a lot of cash at it. He got a crypto wallet and is really serious about it.

I can't trust it enough to get involved. To me it's using real money to invest in fake. There is no central place holding any of the money and you can't just cash out whenever at full value. You can only cash out if you get someone else to buy your coin for real $$$. There are account lock outs and other fuckery as well.

Good luck to you guys though.

Plus, ya'll are probably just making skynet get here sooner.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: hungrynoob on October 24, 2017, 06:24:29 PM
its one of those things were i want to, but it seems quite difficult to get inolved and be knowledgable about.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on October 24, 2017, 06:27:06 PM
Will monitor this thread for meltdowns or job openings at Atra’s new corporation
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on October 25, 2017, 12:23:35 AM
I can't trust it enough to get involved. To me it's using real money to invest in fake. There is no central place holding any of the money and you can't just cash out whenever at full value. You can only cash out if you get someone else to buy your coin for real $$$. There are account lock outs and other fuckery as well.

Exactly why I will never invest in Bitcoin no matter how much it bubbles up. People forget MtG:Exchange and the fuckery of that.

*pay $5000 for 5 bitcoin or whatever*
(Next day someone hacks a "bank"/wallet site)
"LOL YOUR MONEY IS GONE!"

Fuck. That.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on October 25, 2017, 12:54:04 AM
help me get rich senpais
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 25, 2017, 01:01:31 AM
What are you all holding currently?  :doge

So far I'm only holding about 0.547 btc since I just started. Hopefully I can get that up to 5 btc in the coming months.

.36 btc

5.44 eth
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 25, 2017, 01:53:59 AM
I can't trust it enough to get involved. To me it's using real money to invest in fake. There is no central place holding any of the money and you can't just cash out whenever at full value. You can only cash out if you get someone else to buy your coin for real $$$. There are account lock outs and other fuckery as well.

Exactly why I will never invest in Bitcoin no matter how much it bubbles up. People forget MtG:Exchange and the fuckery of that.

*pay $5000 for 5 bitcoin or whatever*
(Next day someone hacks a "bank"/wallet site)
"LOL YOUR MONEY IS GONE!"

Fuck. That.

People that kept their money on MTG were fools.  You keep your private keys on a mobile wallet or paper.
edit:  specifically exchanges your money can get stolen. On mobile wallets your private keys are on your phone.  Paper wallets your keys are offline.

NEVER keep your BTC on an exchange.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 03:40:15 AM
Yeah, once I really start amassing a bunch of crypto I'm definitely going to get a hardware wallet or two.

This will probably the first one I get:
https://www.ledgerwallet.com/products/12-ledger-nano-s

Also, I will consider getting a paper wallet or two as well since shit can happen with electronics:
https://www.coindesk.com/information/paper-wallet-tutorial/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: MMaRsu on October 25, 2017, 04:03:44 AM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge

That would be super sick dude.

I recently started working at a bank and I'm gonna start looking at some investments soon. What's the best cryptocurrency to invest in right now?

Bitcoin is out of my reach :(

You know you can own part of a bitcoin right?  I put in $400 USD and I think i came out to 0.06 BTC.  It's not out of your reach.

I did not know that but that is very interesting, I'll look into that. Thanks Bamelin! And glad to have you on here bud.

Thank brother.  I'm really digging this forum.  Reminds me of GAF before GAF went insane.

Also a decent enough place to start looking at bitcoin and how it works: https://www.reddit.com/r/BitcoinBeginners/

Reddit though

 :jeanluc
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 25, 2017, 04:43:15 AM
I bought in at 3.5K or so when people said it has peaked. It plunged to 2.5k and then grew to 5k.

So now I'm thinking 15k by christmas.  :doge

That would be super sick dude.

I recently started working at a bank and I'm gonna start looking at some investments soon. What's the best cryptocurrency to invest in right now?

Bitcoin is out of my reach :(

You know you can own part of a bitcoin right?  I put in $400 USD and I think i came out to 0.06 BTC.  It's not out of your reach.

I did not know that but that is very interesting, I'll look into that. Thanks Bamelin! And glad to have you on here bud.

Thank brother.  I'm really digging this forum.  Reminds me of GAF before GAF went insane.

Also a decent enough place to start looking at bitcoin and how it works: https://www.reddit.com/r/BitcoinBeginners/

Reddit though

 :jeanluc

lol I know right?

Fine an alternative:  https://bitcointalk.org/index.php

For us folgies that like old school forums
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 05:44:57 AM
I was kicking myself last week for not getting into bitcoin when I first heard about it around 2011/2012 but thinking back then I didn't really have any disposable income during that time (poor college student). Also, I probably would've lost it all putting it into MtGox or from panic selling.

But still, if I had bought about $2000 worth during then... I'd be pretty well off right now.  :doge

Also, one of the devs at my office used to mine bitcoin at the very beginning, when it was still highly profitable to do so. But ended up losing 3/5s of it all to some scam paper wallet producer.



Anways, here's hoping John McAfee doesn't have to eat his dick in 3 years.
https://twitter.com/officialmcafee/status/887024683379544065?lang=en
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Dennis on October 25, 2017, 06:50:06 AM
I want to get in on this tulip craze.

Can someone send me a bitcoin to get started?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 06:54:17 AM
I want to get in on this tulip craze.

Can someone send me a bitcoin to get started?
No but now is a great time to buy. The price plummeted yesterday and is still rather low today.

End of October/beginning of November it'll probably go past 6000 USD again if my charts are to be believed. 

(https://i.imgur.com/XDOlf3M.png)

edit:
Or maybe wait for it to pull back 30% and then buy.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on October 25, 2017, 08:06:18 AM
I can't trust it enough to get involved. To me it's using real money to invest in fake. There is no central place holding any of the money and you can't just cash out whenever at full value. You can only cash out if you get someone else to buy your coin for real $$$. There are account lock outs and other fuckery as well.

Exactly why I will never invest in Bitcoin no matter how much it bubbles up. People forget MtG:Exchange and the fuckery of that.

*pay $5000 for 5 bitcoin or whatever*
(Next day someone hacks a "bank"/wallet site)
"LOL YOUR MONEY IS GONE!"

Fuck. That.

People that kept their money on MTG were fools.  You keep your private keys on a mobile wallet or paper.
edit:  specifically exchanges your money can get stolen. On mobile wallets your private keys are on your phone.  Paper wallets your keys are offline.

NEVER keep your BTC on an exchange.

So then you're telling me to be paranoid with my money and hide it in the ground near my house instead of putting it in the bank? :ohhh

Yeah, this is why Cryptocurrency's fail: Your money is too easy to "burn"/steal/etc.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: meeb on October 25, 2017, 08:09:08 AM
I can't trust it enough to get involved. To me it's using real money to invest in fake. There is no central place holding any of the money and you can't just cash out whenever at full value. You can only cash out if you get someone else to buy your coin for real $$$. There are account lock outs and other fuckery as well.

Exactly why I will never invest in Bitcoin no matter how much it bubbles up. People forget MtG:Exchange and the fuckery of that.

*pay $5000 for 5 bitcoin or whatever*
(Next day someone hacks a "bank"/wallet site)
"LOL YOUR MONEY IS GONE!"

Fuck. That.

People that kept their money on MTG were fools.  You keep your private keys on a mobile wallet or paper.
edit:  specifically exchanges your money can get stolen. On mobile wallets your private keys are on your phone.  Paper wallets your keys are offline.

NEVER keep your BTC on an exchange.

So then you're telling me to be paranoid with my money and hide it in the ground near my house instead of putting it in the bank? :ohhh

Yeah, this is why Cryptocurrency's fail: Your money is too easy to "burn"/steal/etc.

Not only that. Who the fuck would ever spend bitcoin anymore on pizza/luxury goods? Or anything really. You want to horde as much as possible because it will only ever increase in value. That's what happens with 0 inflation.

It's not a currency.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 08:22:43 AM
It's an asset and I'm totally fine with it being an asset.

Someone else can worry about making a "true currency" with blockchain technology. There's a bunch of altcoins competing in that space right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: meeb on October 25, 2017, 09:20:09 AM
It's an asset and I'm totally fine with it being an asset.

Someone else can worry about making a "true currency" with blockchain technology. There's a bunch of altcoins competing in that space right now.

Yeah. I just wish r/bitcoin and most other investors would admit it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on October 25, 2017, 10:12:10 AM
But it’s an asset of... what exactly?

It’s basically digital gold, except without a thousand+ year tradition of having some kind of innate value for its beauty.

There really aren’t any fundamentals to back up why it is worth $5000. Imo it is heading for a crash, eventually, but nobody knows when that is, so you can probably still make some money in the meantime.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 10:38:11 AM
One of bitcoin's biggest selling points, at least in my opinion, is that there will be a limited supply once all 21 million coins are mined.

Which means, it'll continue to increase in value due to its exclusivity and won't be subject to the type of inflation fiat currency is prone to.

You can potentially find more gold in the ground and print more money but you won't be able to make more (core) bitcoin after a certain point.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 25, 2017, 10:39:15 AM
Can someone explain how you can just mine crypto and how it's different from printing your own money?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on October 25, 2017, 10:46:01 AM
Can someone explain how you can just mine crypto and how it's different from printing your own money?

I dunno about the later point, but the former you just use your GPU (well this was at the start) and burn it out while your computer does "clocks"/cycles until "bing, you found a bitcoin!" that is put into your wallet.

Kinda like Seti at Home or that one other cancer CPU-sharing thing.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: meeb on October 25, 2017, 10:51:03 AM
Of course you can't mine as an individual anymore. Not profitably anyway. Or can you now that the price is so high?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 25, 2017, 10:56:21 AM
Can someone explain how you can just mine crypto and how it's different from printing your own money?

I dunno about the later point, but the former you just use your GPU (well this was at the start) and burn it out while your computer does "clocks"/cycles until "bing, you found a bitcoin!" that is put into your wallet.

Kinda like Seti at Home or that one other cancer CPU-sharing thing.

I understand the mechanics of it, but not the abstract, but how does that work when there's only a finite amount of crypto out there?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 11:10:15 AM
https://www.youtube.com/watch?v=GmOzih6I1zs
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 25, 2017, 11:17:05 AM
by the way, my buddy made several hundred dollars today with options contracts, he bet against AMD stock
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 11:32:35 AM
ARGH. I hate how fucking long it takes coinbase to take money out of my checking account. I could be buying this lush dip.  :-\
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on October 25, 2017, 11:56:33 AM
ARGH. I hate how fucking long it takes coinbase to take money out of my checking account. I could be buying this lush dip.  :-\

Coinbase should allow you to instantly buy through your checking account as you're willing to deal with the 2.5% fees.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on October 25, 2017, 11:58:29 AM
Planning to throw some money at this and see what happens. I have enough kicking around in my savings that I can definitely afford to buy like 2 coins as a longterm gamble.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on October 25, 2017, 12:21:36 PM
One of bitcoin's biggest selling points, at least in my opinion, is that there will be a limited supply once all 21 million coins are mined.

Which means, it'll continue to increase in value due to its exclusivity and won't be subject to the type of inflation fiat currency is prone to.

You can potentially find more gold in the ground and print more money but you won't be able to make more (core) bitcoin after a certain point.

A limited supply of what though?

Like what is the innate value of a Bitcoin? If it’s a currency, it has value because you can exchange it for goods and services. If it’s not a currency, and you can’t actually buy anything with it, or it doesn’t make sense to buy anything with it because it is too volatile, then why does anybody want them?

The answer is that you can sell them for money. But other than that, they are about as valuable as some numbers written on a piece of paper. The fundamentals of that should make people very wary about holding much of their savings in BTC. At least with tulip futures you could actually get some tulips eventually.

With BTC, the smart money might eventually just decide that the risk is too great and dump it, leaving you holding a bag of bytes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 12:44:24 PM
One of bitcoin's biggest selling points, at least in my opinion, is that there will be a limited supply once all 21 million coins are mined.

Which means, it'll continue to increase in value due to its exclusivity and won't be subject to the type of inflation fiat currency is prone to.

You can potentially find more gold in the ground and print more money but you won't be able to make more (core) bitcoin after a certain point.

A limited supply of what though?

Like what is the innate value of a Bitcoin? If it’s a currency, it has value because you can exchange it for goods and services. If it’s not a currency, and you can’t actually buy anything with it, or it doesn’t make sense to buy anything with it because it is too volatile, then why does anybody want them?

The answer is that you can sell them for money. But other than that, they are about as valuable as some numbers written on a piece of paper. The fundamentals of that should make people very wary about holding much of their savings in BTC. At least with tulip futures you could actually get some tulips eventually.

With BTC, the smart money might eventually just decide that the risk is too great and dump it, leaving you holding a bag of bytes.
https://www.youtube.com/watch?v=YIVAluSL9SU

https://www.youtube.com/watch?v=DucvYCX1CVI

https://www.youtube.com/watch?v=J-Vjgx75GXQ
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on October 25, 2017, 12:46:11 PM
I think the main use for bitcoin is when you want to transfer money Internationally. Which I guess is more difficult in some countries than others.

by the way, my buddy made several hundred dollars today with options contracts, he bet against AMD stock

My dad actually told me that his friend always shorts AMD stock when a quarterly report is about to come out (they beat estimates). It has something to do with how investors always get over enthusiastic and pump the price up before the quarterly report.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 01:23:55 PM
(https://i.imgur.com/n54hPtT.png)

:six:  :mjcry  :noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on October 25, 2017, 01:25:28 PM
Could he have ever cashed them out?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on October 25, 2017, 01:32:02 PM
I watched that final video and his argument essentially boils down to “bitcoin has value because people use it”, and by use it, he has to mean “are in its block chain” because it’s not all that readily used as an actual currency.

I get that it has some uses like to send money overseas, or to buy things illegally, or launder money, and maybe that sort of “evade official channels” usage is enough to sustain its value. But that argument is somewhat circular.

I.e it has value because it has demand, it has demand because people use it, and people use it because it has value. It’s that sort of weak logic that makes me highly skeptical of crypto currency in general.

But there are people like Jamie Dimon who say it’s a bubble.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 25, 2017, 01:42:39 PM
WTF coinbase changed it's layout?? I can't see the stats over the past hour, week, month anymore?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 02:07:34 PM
WTF coinbase changed it's layout?? I can't see the stats over the past hour, week, month anymore?
I can see it on my end.  ???
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on October 25, 2017, 02:13:18 PM
(https://i.imgur.com/n54hPtT.png)

:six:  :mjcry  :noah



lol like anyone could ever convert btc to that much money
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 02:14:17 PM
I watched that final video and his argument essentially boils down to “bitcoin has value because people use it”, and by use it, he has to mean “are in its block chain” because it’s not all that readily used as an actual currency.

I get that it has some uses like to send money overseas, or to buy things illegally, or launder money, and maybe that sort of “evade official channels” usage is enough to sustain its value. But that argument is somewhat circular.

I.e it has value because it has demand, it has demand because people use it, and people use it because it has value. It’s that sort of weak logic that makes me highly skeptical of crypto currency in general.

But there are people like Jamie Dimon who say it’s a bubble.
Have faith in Satoshi Nakamoto's vision, kingv.  :doge

spoiler (click to show/hide)
(https://m.popkey.co/fb41f5/Zmy10.gif)
[close]

I dunno, man. I'm cautiously optimistic and I'm going to ride this train as long as possible.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on October 25, 2017, 03:26:53 PM
I watched that final video and his argument essentially boils down to “bitcoin has value because people use it”, and by use it, he has to mean “are in its block chain” because it’s not all that readily used as an actual currency.

I get that it has some uses like to send money overseas, or to buy things illegally, or launder money, and maybe that sort of “evade official channels” usage is enough to sustain its value. But that argument is somewhat circular.

I.e it has value because it has demand, it has demand because people use it, and people use it because it has value. It’s that sort of weak logic that makes me highly skeptical of crypto currency in general.

But there are people like Jamie Dimon who say it’s a bubble.
Have faith in Satoshi Nakamoto's vision, kingv.  :doge

spoiler (click to show/hide)
(https://m.popkey.co/fb41f5/Zmy10.gif)
[close]

I dunno, man. I'm cautiously optimistic and I'm going to ride this train as long as possible.

That’s cool! I’m either skeptical or bitter that I didn’t buy a couple hundred when I was reading articles about it in 2011 for like 50 cents each.

Of course I would have almost definitely kept them at Mt Gox, so I’d probably be BTC poor anyway.

:-)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 03:37:08 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 03:42:00 PM
<click to expand image>
(https://i.imgur.com/OwNY1OM.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 04:32:40 PM
(https://i.imgur.com/hTrXl51.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: meeb on October 25, 2017, 04:44:16 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge

Paper money wasn't rolled out as an investment. It was y'know... a currency. To be used for daily exchanges.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on October 25, 2017, 04:57:23 PM
But it was backed by gold.  :paul
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 04:57:42 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge

Paper money wasn't rolled out as an investment. It was y'know... a currency. To be used for daily exchanges.

Well, that might change if the rumors about Amazon accepting bitcoin are true.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 05:07:48 PM
But it was back by gold.  :paul
It was and guess happened when the US dollar was no longer backed by gold? The value of the dollar went up.

It's all make believe shit at the end of the day.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on October 25, 2017, 05:19:19 PM
But it was back by gold.  :paul

A metal based currency being replaced by a fiat currency makes sense once people have confidence that there won't be hyper inflation (remember only a finite number of bitcoins).

Iono that's totally possible for bitcoin to achieve that status or it might end up being dumped to oblivion if a bunch of countries outlaw it. Since there is a finite amount of bitcoin, it's easy to see it just end up as a commodity like gold where you can sit on it and hope it appreciates but you can't legally use it to barter for goods.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 05:42:53 PM
Anyone have some juicy altcoins they want to shill?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: meeb on October 25, 2017, 05:44:53 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge

Paper money wasn't rolled out as an investment. It was y'know... a currency. To be used for daily exchanges.

Well, that might change if the rumors about Amazon accepting bitcoin are true.  :doge

If Amazon starts accepting Bitcoins you'd have to be omega distinguished mentally-challenged to actually purchase anything using a bitcoin. Use fiat so your bitcoin will gain 100000% more value.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: meeb on October 25, 2017, 05:45:55 PM
dp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 05:49:26 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge

Paper money wasn't rolled out as an investment. It was y'know... a currency. To be used for daily exchanges.

Well, that might change if the rumors about Amazon accepting bitcoin are true.  :doge

If Amazon starts accepting Bitcoins you'd have to be omega distinguished mentally-challenged to actually purchase anything using a bitcoin. Use fiat so your bitcoin will gain 100000% more value.
Totally but there are bitcoin whales out there that don't give two fucks if they drop a bitcoin or two since they probably have north of 1000 btc.

Also, for all we know Amazon might end up using/backing some other cryptocurrency or hell even make their own.

edit: Man, the future is going to be fucking weird.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: meeb on October 25, 2017, 06:40:53 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge

Paper money wasn't rolled out as an investment. It was y'know... a currency. To be used for daily exchanges.

Well, that might change if the rumors about Amazon accepting bitcoin are true.  :doge

If Amazon starts accepting Bitcoins you'd have to be omega distinguished mentally-challenged to actually purchase anything using a bitcoin. Use fiat so your bitcoin will gain 100000% more value.
Totally but there are bitcoin whales out there that don't give two fucks if they drop a bitcoin or two since they probably have north of 1000 btc.

Also, for all we know Amazon might end up using/backing some other cryptocurrency or hell even make their own.

edit: Man, the future is going to be fucking weird.

I await the future where we live in company towns and are paid in digital company scrip.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on October 25, 2017, 09:04:49 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge

Paper money wasn't rolled out as an investment. It was y'know... a currency. To be used for daily exchanges.

Well, that might change if the rumors about Amazon accepting bitcoin are true.  :doge

If Amazon starts accepting Bitcoins you'd have to be omega distinguished mentally-challenged to actually purchase anything using a bitcoin. Use fiat so your bitcoin will gain 100000% more value.
Totally but there are bitcoin whales out there that don't give two fucks if they drop a bitcoin or two since they probably have north of 1000 btc.

Also, for all we know Amazon might end up using/backing some other cryptocurrency or hell even make their own.

edit: Man, the future is going to be fucking weird.

I await the future where we live in company towns and are paid in digital company scrip.

#Earlystagecapitalism...... and #Latestagecapitalism
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 25, 2017, 09:58:05 PM
http://boards.4chan.org/biz/thread/4052519

Crypto whale giving advice in this thread.

Worth a look.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on October 25, 2017, 10:52:19 PM
People were also skeptical when paper money replaced gold so I'm willing to take this leap of faith into crypto as it were.  :doge

People bought houses to flip instead of live in or rent out too. I see parallels here, except houses actually have innate value.

I don’t think the idea of a digital currency is bad, exactly (and we already have that in a sense, as there is not enough physical cash available to actually cover all of the money in circulation).

I just believe that BTC is effectively tulip futures. It could take years for it to implode, and it might increase in price a lot in the meantime, but I think the safe money is that long term, BTC eventually trends toward zero.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 25, 2017, 11:23:48 PM
I can't trust it enough to get involved. To me it's using real money to invest in fake. There is no central place holding any of the money and you can't just cash out whenever at full value. You can only cash out if you get someone else to buy your coin for real $$$. There are account lock outs and other fuckery as well.

Exactly why I will never invest in Bitcoin no matter how much it bubbles up. People forget MtG:Exchange and the fuckery of that.

*pay $5000 for 5 bitcoin or whatever*
(Next day someone hacks a "bank"/wallet site)
"LOL YOUR MONEY IS GONE!"

Fuck. That.

People that kept their money on MTG were fools.  You keep your private keys on a mobile wallet or paper.
edit:  specifically exchanges your money can get stolen. On mobile wallets your private keys are on your phone.  Paper wallets your keys are offline.

NEVER keep your BTC on an exchange.

So then you're telling me to be paranoid with my money and hide it in the ground near my house instead of putting it in the bank? :ohhh

Yeah, this is why Cryptocurrency's fail: Your money is too easy to "burn"/steal/etc.

A paper wallet IS the bank.  YOU are the bank.  When you put money on an exchange you are letting them hold your private keys.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 26, 2017, 12:56:44 AM
WTF coinbase changed it's layout?? I can't see the stats over the past hour, week, month anymore?
I can see it on my end.  ???

nm you just have to click on individual coin to see the other stats now. I jumped the gun.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 26, 2017, 06:41:25 AM
(https://i.imgur.com/7OWDcCU.jpg)

Hmm... possible head and shoulders pattern on BTC/USD. Second shoulder is forming right now.

Not to be a FUDer but it might be good to sell in a couple of days if you bought near the all time high since the price could plummit down to $4500.  :doge

edit: It might not though due to segwit2x. But keep an eye out.


Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 26, 2017, 09:53:45 AM
I bought most of it when it crashed hard in the summer and before it started blowing up :) so at around 3000-ish?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 26, 2017, 10:03:54 AM
I bought in right around the high point so... naturally I'm a bit antsy.

Antsy enough that I have most of money back in USD.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on October 26, 2017, 10:05:29 AM
A lot of people were saying it will crash hard when China cracked down on the trading, but it still kept going up though
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 26, 2017, 10:18:03 AM
True.

I'm more or less just waiting for a significant dip that gets a lot of people who bought in this late (like I did) all panicky and then a good chunk of them panick sell and the price ends up dropping even further.

That low point will be when I start dumping a good portion of my money in so I can possibly end up with 3 or more bitcoin instead of .5 right now.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on October 26, 2017, 10:23:37 AM
True.

I'm more or less just waiting for a significant dip that gets a lot of people who bought in this late (like I did) all panicky and then a good chunk of them panick sell and the price ends up dropping even further.

That low point will be when I start dumping a good portion of my money in so I can possibly end up with 3 or more bitcoin instead of .5 right now.  :doge

https://en.wikipedia.org/wiki/Greater_fool_theory
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on October 26, 2017, 04:15:18 PM
I want to gamble with the smaller high return/high loss coins, tell me where to start bore. Kreygasm.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on October 26, 2017, 06:31:35 PM
For THE CURRENCY OF THE FUTURE it sure is still a fucking pain in the ass to buy this shit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 27, 2017, 09:28:15 AM
We're in the Model-T era of this stuff. Give it time.  :doge



Anyways, I'm patiently waiting for the RSI to dip below 30% before I buy some more bitcoin again.  :doge

(https://i.imgur.com/7h1WVC4.png)

The bull market's momentum seems to be slowing down. It's having hard time trying to breach the $6000 price point again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on October 27, 2017, 12:00:06 PM
From the sounds of it it's just doubly hard to buy with CAD than it is with USD. Almost there after passing through about 100 ridiculous verification processes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 27, 2017, 12:06:44 PM
USD :american :usacry  :money
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on October 27, 2017, 12:52:20 PM
Thinking about using a paper wallet like a crazy coot. What do you use?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on October 27, 2017, 12:53:36 PM
Eagerly awaiting the "OMG I JUST LOST ALL OF MY LIFE SAVINGS" post.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on October 27, 2017, 12:54:55 PM
Lol I'm not enough of a coot to put more than a small percentage of my savings in this shit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 27, 2017, 12:57:56 PM
Thinking about using a paper wallet like a crazy coot. What do you use?
Coinbase's app at the moment, which technically isn't a wallet. :doge

I have Exodus installed on my Mac and I see a lot of cyrpto enthusiasts using it on YouTube. Haven't really used it yet since I want to have north of 1 bitcoin before dealing with Coinbase's withdraw fees.
https://www.exodus.io/

but EVENTUALLY I'll get myself a hardware wallet and a paper wallet once I have about 6+ bitcoins.

edit: Also, I only have about 5% of my networth in coinbase/gdax at the moment. Probably won't dump any more USD in there and just try and grow what I have with "hodling" (http://www.marketwatch.com/story/are-you-hodling-bitcoin-2017-09-12) and some low risk swing trading.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on October 27, 2017, 01:18:59 PM
Yeah. I'm going no higher than 10% as a 'fuck it why not' kinda thing, chucking it all on a paper wallet, and just mentally writing it off as already lost. We'll see what the situation's like in a few years.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 27, 2017, 02:07:49 PM
(https://i.imgur.com/F4QUfEb.png)
http://boards.4chan.org/biz/thread/4075867

*sitting comfy with my USD*  :doge

edit: If bitcoin keeps on dropping by the time I get back from my late lunch I might buy some ethereum because that typically goes up when bitcoin is doing poorly.

edit2: Might also look into putting some money back into IOTA and some other altcoins as well.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on October 27, 2017, 10:16:13 PM
I love payday.  That Friday bump :)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 29, 2017, 03:18:33 PM
Bitcoin spiked up when I was asleep this morning and I didn't buy in last night because I had a strong feeling it was going to go down.  :goty2

Thank god I wasn't one of those silly fuckers that shorted it.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on October 29, 2017, 08:17:33 PM
Cool! Glad I'm stuck in verification limbo and missed the valley!  :maf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 29, 2017, 08:19:27 PM
By the time you get verified we'll probably be in another valley.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 30, 2017, 10:18:40 AM
So... ignoring what Bitcoin is doing, I'm going to go long on Verge (https://vergecurrency.com/) for now and potentially go long on OmiseGO (https://omg.omise.co/) and Metal (https://www.metalpay.com/) when they aren't so bearish.
 
If verge goes from $0.005 to $0.06 by next year I'll be a very happy boy.  :doge

edit: researching a bunch of other altcoins as well that would good to hold long term.


Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 30, 2017, 12:41:08 PM
Another thing that has peaked my curiosity in the blockchain/crypto space are ICOs (initial coin offerings).

A good chunk of them are scams, so obviously be cautious & use good judgement, but one that has caught my eye recently is Gladius. https://gladius.io/

Probably won't buy in until it's out on a major exchange but I like the core idea behind it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on October 30, 2017, 01:47:50 PM
atra have you ever made money off an ICO
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 30, 2017, 01:54:10 PM
Not yet.

Hold my beer.  :doge

edit: Basically, every ICO in the past month is at or below ICO price. And no ICO is going to succeed until after the BTC fork nonsense is over with.

So I'll keep an eye on this and other promising ones and buy in when things start to look promising on the exchanges.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 30, 2017, 07:36:21 PM
https://onchainfx.com/

Posting this resource here for later use.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 31, 2017, 09:36:46 AM
http://fucktoken.io/

*cashing out of crypto forever*

spoiler (click to show/hide)
*buying 100,000 fuck tokens*

 :doge
[close]

edit: Also, bitcoin spiked up again and I was in this time. :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on October 31, 2017, 09:52:11 AM
http://www.cnn.com/2017/10/31/africa/zimbabwe-bitcoin-surge/index.html
Quote
The most expensive bitcoin in the world are flying off virtual shelves in Zimbabwe.

The price of the digital currency has soared beyond $10,000 over the past week on Harare-based trading platform Golix, almost double the rates on major international exchanges.

"The price has been high for some time and it keeps going up," says Golix trade coordinator Yeukai Kusangaya. She expects soaring demand to drive the price even higher.

Bitcoin is no longer a specialist curiosity in Zimbabwe. The virtual currency is in increasingly common usage, even accepted by businesses such as car dealers.
Quote
The analyst even raises the prospect of bitcoin becoming an official currency of Zimbabwe.

"The state has already taken extreme measures like banning the importation of fruits," he says. "So adding bitcoin to the country's multi-currency basket might not be so absurd."
Clearly they just need to form ZugabeCoin and flood the market with it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on October 31, 2017, 09:59:51 AM
Zimbabwe :rejoice

edit: Decided to buy some more Verge this morning. Thank fuck I did. :rejoice

bless up

(https://i.imgur.com/gD6sgJ0.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 01, 2017, 08:56:51 PM
(https://i.imgur.com/m3XypEZ.png)

BITCOIN NEARING 7000 USD  :doge

edit: JUST HIT A HUGE FUCKING SELL WALL AAAAAAAAAAAAAAAAAA  :doge :doge :doge :doge

(https://i.imgur.com/yC6bwZz.png?1)

CHRIST THOSE WICKS ARE HUGE

edit2: shit I better put in my stop losses just in case everything implodes when I'm asleep.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on November 01, 2017, 09:10:18 PM
I could never trust myself with something like this, but I really want to see you be successful at this because it would make a great story for me to read 🤞
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 01, 2017, 09:13:21 PM
I no joke made $500 these last two days.

It's mentally straining as fuck but I think I'm getting the hang of it.

edit: I just have to make sure I'm not deep in alt coins when bitcoin is having its daily to weekly moon missions.

Most of the altcoins start tanking as soon as  bitcoin starts rocketing off into space.

BUT on the flip side you can buy the altcoins really cheap when they've hit rock bottom and by the time bitcoin cools off those alts begin to shoot back up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on November 01, 2017, 09:29:02 PM
Well, have me over for a smoke at your mansion next year, I believe in you :uguu
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 02, 2017, 12:22:55 AM
I started a month ago at 5700 USD a coin and wondered am I too late?

Today we are at 6800 USD a coin.  Crazy.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 02, 2017, 12:25:39 AM
Not yet.

Hold my beer.  :doge

edit: Basically, every ICO in the past month is at or below ICO price. And no ICO is going to succeed until after the BTC fork nonsense is over with.

So I'll keep an eye on this and other promising ones and buy in when things start to look promising on the exchanges.

What do you think of crypto20?  https://crypto20.com

The idea of a diversified crypto index fund is SO appealing to me but in the end I trust NOBODY with my private keys.  What's to stop them from taking off with the underlying assets supporting the tokens?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 02, 2017, 06:12:31 AM
It does sound appealing but I wouldn't bother doing any sort of long term diversification right now when bitcoin is so dominant.

>he fell for the diversification meme
is a joke on /biz/ for a reason because people who go long on alts usually suffer massive losses.

And I'm still waiting for bitcoin to do a major pullback but that might not happen until late 2018 at this rate.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on November 02, 2017, 06:41:20 AM
I don't follow any of this closely, just like fifth hand because I mean, libertarian circles what am I gonna do about it some of them are nuts (shocking I know), I've never understood the constant almost glee around the idea that a bitcoin crash is literally around the corner, and it's been like that for five years now, the system is too embedded. The value probably isn't worth what it says once significant selloffs happen but I think most "investors" understand that. And that makes it no different from anything else. Stocks especially.

But there's always people like OH MAN YOU'RE GONNA HAVE EGG ON YOUR FACE WHEN THIS CRASHES, when most of the people they're talking to often haven't even invested large amounts of "real" money into it. They've just been active in the market/mining/etc. or got started long ago.

Though my favorite are the libertarians who rage against any story reason posts about bitcoin being taken up by X company or available now in Y country or can be used in Z program not even endorsing it just covering it, BECAUSE IT'S FIAT CURRENCY YOU COSMOTARIAN SHILLS.

Personally, I keep all my money invested in a strongly backed system that can't ever fail, Steam games with trading cards. And if the rainy day ever comes, well, I have a GENTLE MANNE'S MEDAL for the Soldier in TF2 of which only 5,000 or something exist.

*checks Community Market* WHAT?!? THE PRICE IS DOWN TO $3.10?!? THOSE USED TO BE WORTH $40+! OH GOD I'M RUINED. DANG OBAMA AND HIS KENYAN ECONOMICS.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 02, 2017, 08:46:02 AM
Another useful resource I found:
http://cryptobiz.party/#!/detail


You can see when people on /biz/ (probably the dumbest crypto community out there) are the most fearful and the most optimistic about a coin.


When people are freaking out about something for a while it's generally a great time to buy in.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 02, 2017, 10:31:07 AM
Anyone have some juicy altcoins they want to shill?
i just lost like 1k on GRS, you should try that. put lel

i think i may put some into vert now
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 02, 2017, 12:27:54 PM
https://bashco.github.io/2x_Countdown/

Very important countdown for bitcoin for those of you who are just now getting into this stuff.

If you're on a participating exchange for the segwit2x fork you'll end up getting b2x for free. https://coinmarketcap.com/currencies/segwit2x/

There might be a huge sell off of this new coin and/or bitcoin then. I'm gonna hold both until I get a good idea which one is moving where.



https://www.youtube.com/watch?v=HJyQo4vYNdY
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 03, 2017, 12:22:27 AM
I have my coins safe in a mobile wallet where I control the keys.  I'm not happy about this fork, the politics
fuckery over the control of bitcoin will fuck with prices.

With that said I expect a pandamonium runup of btc over the next two weeks.  I think we might see 9 or 10 k just before the fork, followed by a massive DEVASTATING drop.

Crossing my fingers I'm HODLING!!!!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: OathToOrder on November 03, 2017, 12:28:18 AM
I got few grands burning a hole in my bank account, worth buying now (lol) or wait for it to crash (lol)?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 03, 2017, 03:55:27 AM
I got few grands burning a hole in my bank account, worth buying now (lol) or wait for it to crash (lol)?

The runup to the fork will be crazy.  Afterwards who knows?  I started 30 days ago at 5700k it's now 7300k. Shits crazy.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: OathToOrder on November 03, 2017, 03:57:56 AM
I got few grands burning a hole in my bank account, worth buying now (lol) or wait for it to crash (lol)?

The runup to the fork will be crazy.  Afterwards who knows?  I started 30 days ago at 5700k it's now 7300k. Shits crazy.
So you're saying I should wait until they inevitably crash and buy at the start of the new cycle?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 03, 2017, 05:35:14 AM
Nobody really knows what's going to happen.

I'm assuming bitcoin will keep on sky rocketing until an hour before the fork and then just stagnate until the fork.

And there could be a huge correction OR the price will just keep on climbing but not as fast OR it will just kinda go sideways for days until something causes it to move up or down.

But I believe the last time there was a major fork bitcoin just kept on climbing despite it. I need to double check that.

:yeshrug


Whatever happens I bought in low enough that I could still get out and still make a decent profit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on November 03, 2017, 06:52:17 AM
I've never understood the constant almost glee around the idea that a bitcoin crash is literally around the corner, and it's been like that for five years now, the system is too embedded. The value probably isn't worth what it says once significant selloffs happen but I think most "investors" understand that. And that makes it no different from anything else. Stocks especially.

For having been that guy (aggressively skeptic of bitcoin) I would have a hard time telling you. Probably a combination of having the signs of a gold fever including shady practices, exasperation at the smugness of Bitcoin inventors and proponents and a negative response to some of the ideological tenants sometimes peddled with it... though in that case I was probably blinded to hubris of my own, basically a case of everyone thinking he's smarter than everyone else.

I've ate my crow a long time ago on the issue, it obviously didn't crash and I guess some people are managing to extract wealth from it. In that sense it did achieve some credibility as a speculative asset. It's still predicated on a bunch of vapor IMO but then again you could say the same for many a financial product. I'm still wary of the lack of liquidity of the asset (though AFAIK it's slighty better than when the main exchange was a former Magic the Gathering site :dead) and I think some of the most outrageous claims have felt flat on their face. But with a cooler head, I can appreciate some of the mechanics and concepts they experimented with this.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 03, 2017, 08:22:44 AM
Finally bought in yesterday. Already made 1k on Bitcoin Cash.  :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 03, 2017, 09:17:15 AM
I probably should get on bitcoin cash as well.

Probably has the potential to be as large as bitcoin is right now a year or two in the future.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 03, 2017, 09:29:32 AM
It's the one I'm watching closest right now. Bitcoin is taking a hit this morning so I might buy a bit later today.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on November 03, 2017, 12:13:02 PM
I don't follow any of this closely, just like fifth hand because I mean, libertarian circles what am I gonna do about it some of them are nuts (shocking I know), I've never understood the constant almost glee around the idea that a bitcoin crash is literally around the corner, and it's been like that for five years now, the system is too embedded. The value probably isn't worth what it says once significant selloffs happen but I think most "investors" understand that. And that makes it no different from anything else. Stocks especially.

But there's always people like OH MAN YOU'RE GONNA HAVE EGG ON YOUR FACE WHEN THIS CRASHES, when most of the people they're talking to often haven't even invested large amounts of "real" money into it. They've just been active in the market/mining/etc. or got started long ago.

Though my favorite are the libertarians who rage against any story reason posts about bitcoin being taken up by X company or available now in Y country or can be used in Z program not even endorsing it just covering it, BECAUSE IT'S FIAT CURRENCY YOU COSMOTARIAN SHILLS.

Personally, I keep all my money invested in a strongly backed system that can't ever fail, Steam games with trading cards. And if the rainy day ever comes, well, I have a GENTLE MANNE'S MEDAL for the Soldier in TF2 of which only 5,000 or something exist.

*checks Community Market* WHAT?!? THE PRICE IS DOWN TO $3.10?!? THOSE USED TO BE WORTH $40+! OH GOD I'M RUINED. DANG OBAMA AND HIS KENYAN ECONOMICS.

Im still on the “it’s going to crash train” I have no idea when that will be,  but IMO, it will happen. Doesn’t mean you can’t make money on it in the meantime, but the idea that it’s an “asset” that you can invest in is flawed to its core. It can’t be an asset because there is no way to use it to produce anything of value, nor does it have any intrinsic value.

So if it’s not an asset, it’s a currency, and a very bad currency because you can’t easily use it to buy stuff, the transaction costs are pretty high, and the price is so volatile that you wouldn’t want to use it to buy stuff anyway.

IMO, it either needs to start being used as an actual currency, or it will eventually crash.

I will make sure to bookmark this post and refer to it when the reckoning happens.

And for more hot takes, ubeam and Magic Leap are also scams.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 03, 2017, 12:20:16 PM
It is a "currency"...

...to buy alt coins with  :doge

it's a very incestuous market.

edit: I see it all as a big game really.

He who can take the most altcoins and covert them back it bitcoins to eventually covert it back into to fiat wins.  :doge



edit:
(https://i.imgur.com/7hLuyRi.png)

hmmm

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 03, 2017, 01:28:15 PM
It is a "currency"...

...to buy alt coins with  :doge

it's a very incestuous market.

edit: I see it all as a big game really.

He who can take the most altcoins and covert them back it bitcoins to eventually covert it back into to fiat wins.  :doge



edit:
(https://i.imgur.com/7hLuyRi.png)

hmmm


no derp fuck these distinguished mentally-challenged libertarians who actually believe in the viability of this idiocy, over night it can be destroyed if they deemed it so. This volatility is the means by which my dumb fuck millenial attention span will either get rich or die trying. And i'm not really too concerned with a too big the fail scenario because investors are just going to divert their funds into other assets if they start making it unappealing(regulations, taxation etc...)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 04, 2017, 02:35:10 PM
made 500 riding the vcash train for like an hour, fuck this shit, i'll probably beat my wife for dropping it at 168% instead of 500% in a day. I'm out.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 05, 2017, 02:39:27 PM
Shoulda sold my Bitcoin Cash when I was up 1k :lol It dropped hard and is stalling and I'm basically at break even again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 05, 2017, 09:11:45 PM
Bitcoin is dipping quite a bit tonight.

Thank goodness I bought well below $7000.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 06, 2017, 03:36:08 AM
pretty much all of the alt market is up, i may try to catch a bit of the upswing, the scenario probably is going to reverse in a couple of hours. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: team filler on November 06, 2017, 03:39:04 AM
beat the shit out of her
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CurseoftheGods on November 06, 2017, 06:15:02 AM
i will definitely invest once it drops enough
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 06, 2017, 06:37:31 AM
I'm almost longing for the next bitcoin crash because I'll probably be able to nab at least 2 whole bitcoins if it goes down $3000 or 3 bitcoins if it goes down to $2000.

But most people are estimating that it would go down to $5000 or $4500. Still better than buying in around $6300 to $6500.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 06, 2017, 10:14:05 AM
(https://i.imgur.com/cAC6rzd.png?1)

Oh. You can buy bjork's albums with cryptocurrency, just so you all know.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 06, 2017, 10:19:11 AM
No thanks
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 07, 2017, 02:36:59 PM
(https://i.imgur.com/FWDVBwE.jpg)

:dead
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 07, 2017, 03:03:06 PM
:lol Dude thinks trading operates like an item shop in a video game.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: FatalT on November 08, 2017, 04:07:43 AM
Bitcoin is only used for buying drugs on the Internet, duh.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 09:28:33 AM
We're climbing this morning :hyper SegWit is DOA
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 08, 2017, 09:55:35 AM
Yo, what's a good wallet for altcoins that let's you deposit $?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on November 08, 2017, 10:47:09 AM
What do you all think of the guy who deleted 100 millionish dollars worth of etherium from existence?

http://www.businessinsider.com/ethereum-parity-wallet-hack-freeze-missing-code-2017-11

eli5ed
Quote
Imagine if hundreds of millions of dollars were stored in an impenetrable vault in the middle of Times Square, and some kid crawls underneath it and presses a big red button that makes it vanish into an alternate dimension where we can still see it all but never touch it again. Lots of people knew the button was there but nobody ever bothered to try and press it because they assumed the people who created the vault weren’t stupid enough not to put a lockbox around it.

(https://i.redd.it/eu0osu8f8lwz.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 12:32:47 PM
(https://i.imgur.com/JGRK5X9.png)

ronpaulitshappening.gif
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 12:38:47 PM
Apparently the Segwit fork was cancelled!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 12:53:11 PM
Nervous. Thinking we're going to see some major rising action and then a hard correction soon. Thinking about cashing out soon so I can cash back in after the drop. Or maybe I should just hodl. Hodl me, Atra.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on November 08, 2017, 01:35:26 PM
Atra, are you rich yet?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 01:42:04 PM
Phew. Glad I didn't HODL. Value's crashing back down hard. Sold at the peak.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 02:04:10 PM
Bought back in and sold back out for an additional 250 bucks profit :lol Shit's loco today. Where you at Atra?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 08, 2017, 02:37:10 PM
I'm hodling btc unless it breaks below $6850.

I don't have any positions above $7000. Thank god or I would be shitting my pants right now.  :doge

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 02:39:56 PM
Turned 1.01664776 BTC into 1.08848565 today. Gonna HODL for a bit after this wild ride :P
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Kurt Russell on November 08, 2017, 04:54:01 PM
What do you all think of the guy who deleted 100 millionish dollars worth of etherium from existence?

To clarify, it was frozen not deleted.

It shouldn't have happened, it did happen. The majority of wallets don't require shared authorisation to access so it won't affect Average Joe's eth, but it has still frozen out a significant amount. Probably not significant enough to try and adopt yet another rollback.

The biggest danger from this for most people is the long term confidence knock of eth, which at least temporarily, will damage the reputation and therefore price. I'm halfway through the process of moving several hundred litecoin into eth to try and reduce the amount of crypto I invest in. This has genuinely made me think twice about continuing.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 08, 2017, 05:31:49 PM
Atra, are you rich yet?
Not yet. I was really thrown off gaurd with the segwit2x cancelation.

I was eyeing some alts to buy into before November 16th but... they all shot up before I could buy them when they were still at their low points. 

If I had know this cancelation was going to happen today I would've made a killing. :-\

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 08, 2017, 05:46:10 PM
Before the cancelation:
https://medium.com/@bartjellema/why-i-just-bought-90-b2x-bitcoin-segwit2x-futures-f94d0ee13eb9



After the cancelation:
(https://i.imgur.com/Ob4oU8Z.png?1)
https://coinmarketcap.com/currencies/segwit2x/

http://boards.4chan.org/biz/thread/4254925

(https://i.imgur.com/KV7f4iv.png)



(https://media.giphy.com/media/r1wGrCEZ4zTeU/giphy.gif)

OUCH!  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 08, 2017, 06:14:57 PM
Oooooof brutal
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on November 08, 2017, 06:29:24 PM
Yeeesh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Baiano19 on November 08, 2017, 07:01:54 PM
On the other hand who had alt made some fucking bank tonight.

My friends portfolio skyrocketed.

So I am in a dilemma: should I wait BTC to fall more before buying or should I jump in now?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on November 08, 2017, 07:51:04 PM
So I've been trading options for a month. Started with a $1,000 with a few good investments. Was this) disappointed in this one options contract I got 2 weeks ago but it finally jumped. So overall I've doubled my money in that time but my gut says this will keep on going up and there won't be a correction tomorrow.

Iono. But if anybody else does this type of trading, I would definitely recommend shorting Costco or Roku. I love those companies but their prices are gonna go down in the next few days.

/filed to general investing thread
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 09, 2017, 12:05:37 AM
Mehh was waiting for a few grand to clear  to throw in btc before segwit. God damn it. 
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 09, 2017, 09:08:46 AM
I'd get into options trading, but it confuses me too much.


Looks like ether is finally seeing some movement.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on November 09, 2017, 09:33:39 AM
The idea of options trading on crypto currency is mind boggling. You could gain or lose a lot of money really really quickly because it is so volatile.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 09, 2017, 01:45:26 PM
On the other hand who had alt made some fucking bank tonight.

My friends portfolio skyrocketed.

So I am in a dilemma: should I wait BTC to fall more before buying or should I jump in now?
I'd probably buy in now or in a couple of days when alts start to go down. BTC is in a slump at the moment.

Also, don't panic if it goes below a hundred dollars. It'll shoot back up $200 in a day once it starts gaining momentum again (i.e. when the alts begin to nosedive).

Just be sure to keep an eye on the $7000 price (assuming you're using USD) since there's a lot of support there and if the support breaks get ready to put in some stop losses.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 09, 2017, 02:00:48 PM
Trading is in a real slump today. My ticker's looking like a horizontal line.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: HardcoreRetro on November 09, 2017, 03:01:17 PM
Is cryptocurrency the money made by graverobbers?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 10, 2017, 08:26:53 AM
Wow. Such dip. Much red.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 10, 2017, 08:58:06 AM
 :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 10, 2017, 08:58:43 AM
Meanwhile, Bitcoin Cash is through the damn roof. Shouldn't have cashed mine out for BTC :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 10, 2017, 09:00:16 AM
So it look likes I'm still up by $100 but holy fuck to go from $900 to $100 in a matter of days is fucking insane.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 10, 2017, 09:03:08 AM
I went from up 1k yesterday to now down 300. Crypto's fucking crazy :lol Definitely not putting more money into this than the chunk I already did, and I'm super glad I'm not one of those loonies who put more than 5-10% of their savings in this.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 10, 2017, 09:12:06 AM
Well. In other news I now own 0.90647499 bitcoin.

So close to 1 whole bitcoin.  :leon

I hope it's up by $10,000 USD early next year. *crosses fingers*  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 10, 2017, 09:13:49 AM
Pull yourself out of the satoshi gutter and join me in the coin club
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 10, 2017, 10:15:18 AM
All in good time.


I sometimes go to this site (with ad block because it's fucking loaded with ads...) just to make myself feel better during a large dip so I don't panic sell.  :doge
https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd

edit: Also, I'm definitely going to use Bitcoin Cash as a good hedge when Bitcoin is shitting the bed.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on November 10, 2017, 11:04:02 AM
So it look likes I'm still up by $100 but holy fuck to go from $900 to $100 in a matter of days is fucking insane.  :doge
Yeah. It's almost like it would be...volatile. :hitler
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 10, 2017, 11:17:02 AM
Just made a few tremendously bad trades and lost another like 200 dollars :lol Gaming crypto feels like a coin toss. I give up on trying to read this stuff and am just going to hodl from now on.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 10, 2017, 05:36:43 PM
An interesting theory why BTC dumped and BCH rocketed to the moon:
http://boards.4chan.org/biz/thread/4286639

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 10, 2017, 06:26:50 PM
I'm down 10% in my portfolio but happy.  BTC on sale, woot!

I hope it does to 5k and stays there for a few months so I can get as much cheap btc as possible.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 11, 2017, 11:31:18 AM
Just woke up and checked my tickers..... The amount of money I'd have right now if I'd just sat on my BCH  :-\
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 12:19:18 PM
It's funny how my "rational" brain didn't want to buy into BCH because it seemed like a knock off that was just popular because it had the word "bitcoin" in it.  :doge

Anyways, I'm just going to sit tight and wait for the BCH nonsense to blow over.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 12:41:20 PM
Oh, found another cool site last night:
http://rsihunter.com/index.php?time=1d

It shows you what's skyrocketing and what is taking a nosedive.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 12:55:54 PM
Remember the MtGox guy?  :doge

(https://i.imgur.com/UrlUgk0.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 11, 2017, 10:07:41 PM
BCH is still flying through the roof. Glad I sold my BTC and jumped on BCH shortly after my last post. I'm back in the black. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 10:15:00 PM
For now.

Just keep an eye on it since it's overbought.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 11, 2017, 10:19:06 PM
Yep. Watching it very closely.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 11, 2017, 10:23:48 PM
I'm still shook thinking about the amount of money I'd have right now if I still had the BCH I bought like a week ago.  :'( :'( :'( Like. A lot money.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 10:30:31 PM
Oh, trust me.

There's so many goddamn moon missions I've missed out on since I was trying to be conservative with my investments.

I could probably buy a nice $500,000 home if I weren't so damn cautious at times.  :goty2

edit:
Speaking of throwing caution to the wind I just hopped on the BCH train.

(https://i.imgur.com/ZnePm3Q.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 11, 2017, 10:31:40 PM
Choo choo. I still think this rally has legs, but the reversal's definitely coming.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 10:37:31 PM
Yep.

Man, I should've gone all in on BCH and ETH hours ago. Fuck. So many satoshis would've been made.  :doge

edit: I'm making back all my losses in minutes. Holy shit. :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 11, 2017, 10:40:39 PM
I'm pretty much planning to stay up as late as I have to watching BCH  :lol Pretty sure the correction is going to be sudden and dramatic.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 10:48:09 PM
I now own 1+ BTC (ETH and BCH combined).  :phil

edit: well assuming it doesn't all go to shit in a few seconds.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 11, 2017, 11:09:55 PM
FUCKING FUCK

BITTREX YOU CLUNKY PIECE OF SHIT

Couldn't put my sell order out in time and it just ate .20 of my BCH/BCC sats. :snoop

Should've gotten out when I was still ahead.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 11, 2017, 11:59:55 PM
Jesus. People submitting 500,000 CAD buy orders for BCH on quadrigacx.com hundreds of dollars above last trade value.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 12:03:51 AM
BTC is hitting 6000 [correction 5900] USD right now

I think BCH has one more moon mission in it. I'm going back in.  :doge

edit: nope out. Its volume is gone.

Was able to scalp a handful of sats.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 12:23:59 AM
Almost cashed out my BCH but it started surging up again. The rollercoaster ride continues
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 12:35:37 AM
It keeps going up! Jesus. I'm not sleeping tonight...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 12:43:16 AM
Uh. You got off the BCH bus a bit too early Atra. :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 12:44:10 AM
I've (potentially) made over four thousand dollars in the last few hours. Now, most of that is covering stupid losses, but holy shit dude.

(and part of me dies a bit thinking about what could've been if I'd hodl'd BCH)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 12:52:44 AM
Uh. You got off the BCH bus a bit too early Atra. :lol
Are you using Bittrex?

It wasn't looking so great there as far as volume was concerned.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 12:53:46 AM
Quadriga actually. Cashed out. Looks like it's slowly coming back down, but who fucking knows. All I know is I'm back up a fair bit and this is too stressful for me right now :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 12:57:41 AM
Yeah, bittrex was a totally different story.

Shit imploded seconds before I could get out.  :-\

Nothing is looking promising right now. Alts are either stagnant or nose diving.

edit: BCH on bittrex is going sideways but slightly up. Maybe I'll just stay in it and see where it goes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 01:07:57 AM
Wouldn'tcha know it? BCH went up another 200 dollars since I cashed out :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 01:20:55 AM
I'm cashing out of BCH since I now have 1.01000287 BTC (was going back and forth between .9 to .89 for a bit).

Jesus H. Christ what a clusterfuck tonight.

edit: gonna head to bed now. Will most likely buy more BTC tomorrow with fiat if stays below $6000 usd.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 01:41:03 AM
What the fuck is going on? It just spiked up another 500 bucks... Tempted to buy back in....
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 01:42:51 AM
Dude... Is BCH actually becoming the true Bitcoin?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 01:49:38 AM
God I hope not...

I'm not going to buy back in tonight. My brain is fried and buying a coin that is reaching its all-time-high usually doesn't go too well once things start to slow down.

If a correction happens maybe I'll buy back in again.

edit: Also, I can't for the life of me day trade on Bittrex. Its UI/UX is dog shit and the site chugs when there's high traffic.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 02:09:07 AM
BCH's bubble just popped HARD
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 02:09:48 AM
Go buy BTC right now if you want to make more money
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 02:10:30 AM
Bought some with my coinbase account right before it started shooting up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 02:10:40 AM
Crypto is 100% gambling :lol This is all nonsense
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 02:16:02 AM
I was looking at this chart the entire time:
(https://i.imgur.com/S0JNWwM.png)

Look how in sync Bitcoin and Bitcoin Cash are.

Fecking ridiculous.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 12, 2017, 02:25:57 AM
I think I'm taking a long break from Crypto. This shit's far too high stakes and far too stressful for me right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 02:29:30 AM
Yeah, I'm just gonna hold my 1 BTC and not look at it for a while.  :doge

edit: my head felt like (and still feels like) it was in a fucking vice grip this whole entire time.  :noah

edit2: I think bittrex is having some serious technical issues. My TradingView charts and its charts are not in sync at all.

Seriously, fuck that place.

edit3: Logged out and logged back in. That fixed the syncing issues. Fuck man.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 12, 2017, 03:14:03 AM
I've only got 0.1. BTC.  If prices stay low by Monday I'll buy more.  Not sure what's going on with Bitcoin Cash but feels like market manipulation.  I have faith in BTC.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 03:36:24 AM
This was perhaps the largest pump and dump in crypto history.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 12, 2017, 03:57:53 AM
This was perhaps the largest pump and dump in crypto history.  :doge

Agree it certainly feels that way.

Sadly I don't have liquidity until late Monday night ... hoping BTC stays in the dumps until I can grab some on sale.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 12, 2017, 03:56:01 PM
it's not gambling, it's worse it is being manipulated by a few select fucks that are getting rich while we are getting curbstomped. I'm done putting money into it. I yield. Index fund pleb future for me. Gotta give them credit, they give us the impression that entry barrier is SEEMINGLY somewhat high therefore you get that exclusivity feeling which gives you confidence that you can make money. It's pretty well thought out.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 04:57:47 PM
Yeeeaah... after last night I'm gonna take a week or two off from this shit.  :lol

My job is already stressful enough and doing this on the side is going to really fuck me up. I'm already 10 lbs heavier from stress eating and not getting enough sleep.

But hey, at least I achieved my short term goal of earning 1 BTC.   :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 12, 2017, 07:21:29 PM
(https://i.imgur.com/CuQDBM4.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 13, 2017, 09:27:00 AM
Yeah fuck Crypto. I'm done. Just watched BTC soar up 1.5k then immediately crash back down. This is not a space I want to be risking anymore money in.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 13, 2017, 11:51:36 AM
Yeah, I'm not putting anymore fiat in for a long while.

If bitcoin does "crash" again just be sure to throw it into ethereum or litecoin since that's where everyone else will be dumping their bitcoin for safe keeping. Then once bitcoin hits a key support point trade the altcoins back into bitcoin.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 13, 2017, 12:22:56 PM
I've got my money back in fiat right now. Not sure what I want to do. I stupidly jumped back on BCH just before it collapsed and am now slightly back in the negatives. Doing my best to ignore the sunk cost fallacy and just walk away.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on November 13, 2017, 04:24:17 PM
This was perhaps the largest pump and dump in crypto history.  :doge
this 100%, and it's not even done
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 14, 2017, 12:25:53 AM
So bummed out my pay was supposed to come in today but got delayed a day due to Rememberance Day on the weekend ... missing the btc elevator back up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 15, 2017, 07:35:25 PM
Up $1400 dollars on bitcoin without doing anything. Just letting my money sit.  :win
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 15, 2017, 07:50:56 PM
Up $1400 dollars on bitcoin without doing anything. Just letting my money sit.  :win

that's what I've been doing and I'm up $1670, up 1k on ether too
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on November 15, 2017, 08:08:50 PM
Part of me wonders what I could do if I rented out a few servers out there to sit there and crunch the data and buy/sell.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 15, 2017, 08:11:13 PM
siiiiiiiiiiiiiigh

So tempted to jump back in. Don't even know where I'd start at this point. Very stupid of me to let myself get salty and miss the obvious BTC return.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 15, 2017, 08:36:15 PM
If I were you I would just do dollar cost averaging with smaller amounts of money on the dips every week or so and then dump a ton of money in during the next correction/"crash".

edit: Also, don't try and chase candles.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on November 16, 2017, 01:17:32 PM
Part of me wonders what I could do if I rented out a few servers out there to sit there and crunch the data and buy/sell.

It isn't worth the investment anymore. Your best bet and quickest ROI is to just go in with cash.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 16, 2017, 06:20:32 PM
BTC nearing $8000 USD again.
(https://i.imgur.com/rArJsVg.jpg)

I bet it'll hit 10,000 USD end of this year or early January. :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on November 16, 2017, 06:25:36 PM
Part of me wonders what I could do if I rented out a few servers out there to sit there and crunch the data and buy/sell.

It isn't worth the investment anymore. Your best bet and quickest ROI is to just go in with cash.

The arms race for bitcoin mining was already ridiculous 3 to 4 years ago with custom specs PC being manufactured and already late to the game since anything less than a farm wasn't profitable anymore.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 16, 2017, 06:50:47 PM
Alright alright alright alright. I'm getting back in soon. I may buy some BCH after it completely bottoms out just on the off chance it goes for another wild ride.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 16, 2017, 11:48:55 PM
Coinbase sent an email about a fork tommorow. Part of me wanta to gamble but eh :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 17, 2017, 01:56:18 PM
Put some BTC into some altcoins last night to make more BTC. Probably should've done that early this morning since they basically bled while I was asleep but my losses weren't too bad. Also, you can rarely predict when certain alts are gonna moon.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 17, 2017, 03:26:16 PM
So nothing happened? Whimper.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on November 17, 2017, 05:10:38 PM
Bought NEO a few days ago after jumping off of BCC and it's up 30%. If only I had put more than $20 on it.  :lol :lol :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 17, 2017, 09:24:58 PM
All in alts now.

(https://i.imgur.com/k7Q8quV.gif)

Will convert them back to BTC once it stops nose diving.  :doge

edit: Last weekend I had 1.01 BTC in crypto now I currently have 1.09 BTC. So far so good.

edit: starting to sell off my alts since I've hit my BTC goal.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on November 18, 2017, 02:19:35 AM
Neogaf rip is pretty high on ark what alts u guys keeping tabs on?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: jorma on November 18, 2017, 09:14:50 AM
uh did something happen to btc again? i had like 30 bucks worth of btc in my wallet on "silk road" last week, but when i logged on today my wallet is worth like 500 euro. No complaints tho, that's weed for nearly two months :)

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 18, 2017, 09:54:18 AM
Neogaf rip is pretty high on ark what alts u guys keeping tabs on?
Currently:
NEO (missed the boat yesterday with the bull run...)
XMR (monero)
OMG
ETH
LTC
VTC
AdEx
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 20, 2017, 09:13:12 AM
https://twitter.com/_Kevin_Pham/status/927792297365848064
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 20, 2017, 11:51:32 AM
bitcoin jumped over $400 since yesterday
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 20, 2017, 12:02:52 PM
Definitely keep an eye on it when we get closer to Thanksgiving.

There could be a huge sell off.

Price may hit back down to the mid to lower 6000s if the bears break some key resistance points in the upper to mid 7000s
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2017, 09:26:14 AM
Found another great site that takes a lot of the guess work out of when to buy and sell:
https://www.investing.com/currencies/btc-usd

(https://i.imgur.com/iQs5lKw.png)
Here's bitcoin, of course.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on November 21, 2017, 09:54:55 AM
They said the same thing about the housing market in 2006 and early 2007.   :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2017, 10:48:17 AM
Which is why I have stop losses in place and buy orders near the projected "dip" price as well.  :patel

Definitely keep an eye on bitcoin when it goes past 8450 and 8500.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2017, 11:25:25 AM
(https://pbs.twimg.com/media/DPKn_fHWkAAw3vl.jpg:large)

(https://i.imgur.com/fbvhQtl.png)

(https://i.imgur.com/qo5WTX3.png)

https://www.youtube.com/watch?v=siwpn14IE7E
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 21, 2017, 12:14:38 PM
Hope it craps out soon so I can start buying up BTC again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2017, 05:42:34 PM
I'm mostly in USD now.

Things are looking rather hairy at the moment.  :doge

edit: annnnd of course it's recovering...

Eh, well it'll dip down past 8000 eventually.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2017, 06:48:55 PM
(https://i.imgur.com/2IrAcEQ.png)

http://boards.4chan.org/biz/thread/4491158

Quote
>Raj and Howard enter the room
Raj: Guys you won't believe this - I found my old hard drive and it has more than 250 Bitcoins on it!
Leonard: Wow, this is great, Raj!
>Penny looks up from her phone
Penny: Uhmm guys..... What is Bitcorn?
>Roaring laughter from the audience, people falling off their seats
Leonard: It's BitCOIN Penny, not Bitcorn..
>Sheldon interrupts
Sheldon: It's a peer-to-peer decentralised digital currency, where transactions are verified by a set of nodes and recorded in a distributed public ledger called a blockch..
>Sheldon notices that Penny is not paying attention and looking at her phone again
>Laughter erupts once again, several members of the audience are on the ground and seeking medical attention
Leonard: ..It's internet money!
>The studio is falling apart
Penny: Riiiight...
>Penny rolls her eyes in a exaggerated way and looks at her phone again
Leonard: ..and it's worth $7000 each..
>Penny drops her phone
>Everyone in the audience is now dead
Penny: So you were saying something about taking us shopping, Raj?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2017, 07:34:12 PM
https://www.nytimes.com/2017/11/21/technology/bitcoin-bitfinex-tether.html?_r=0

FUD? >_>

edit: there's a bunch of other shit going on as well that could tank BTC so I think I'll just stay safe in USD for now.   :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2017, 09:19:41 PM
(https://i.imgur.com/hRjcJ5U.jpg)

This could play out soon.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 11:45:17 AM
(https://i.imgur.com/IrTT96R.png)

Head & Shoulders pattern forming on the hourly chart.

(https://i.imgur.com/xVW4Jyf.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 22, 2017, 11:56:51 AM
I'm just sitting here with CAD in my account waiting for my chance to strike... assuming it actually does dip again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 12:03:33 PM
Even if it does rise after the H&S pattern forms completely I'm not putting any money in because it is due to tumble down some before it hits 9,000 USD.

Or at least that's what all the charts I've been looking at seem to convey.

edit:
Gigantic sell orders always makes my hair stand up on end. *whew*
(https://i.imgur.com/S4mkpZi.png)

That 17 BTC one might as well be a house.  :doge

edit2:
(https://i.imgur.com/hHxAvfP.png)

Bears are out for blood today.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on November 22, 2017, 12:50:20 PM
Hmm, thinking about getting out if it goes above 8250 again. Only got 1/4 of a bitcoin right now so it wouldn't be a big deal to me if it went down. I have a $500 deposit coming in this week or next, so I could just buy the drop with that. The stress of selling and then rebuying isn't really worth it to me.

Also, have any of you looked into Power Ledger? They have a working project in Australia (with government funding) and they're starting to get involved with countries in Asia. Since I invested last week it's gone up 200%.
Here's a reddit link with info: https://www.reddit.com/r/PowerLedger/comments/7dzo9d/why_power_ledger_will_be_a_top_15_coin_2018/
If it goes back down to .60-.70 cents I'd recommend buying a bit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 12:52:51 PM
I saw a bunch of people shilling it on /biz/ a week ago.

But then again, a lot of shit gets shilled on /biz/ and it's hard to cut through the noise of what's a good buy and what isn't.

I should probably find some decent crypto twitter accounts to follow instead.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on November 22, 2017, 01:01:23 PM
Yeah I learned about it on 4chan too. I don't really mind throwing 100-200 bucks as long as the idea seems decent and has a team working on it. Though I also invested in Horizon State during that time and that dropped by 1/3 after I got in. It's definitely a gamble doing this, I'm glad I didn't fall for the Confido scam.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 04:17:54 PM
Yeah, confido is one of many examples why I try (keyword: try) not to gamble my money on brand new coins/tokens.  :doge




Looks like my H&S pattern is turning into a wedge. Dammit.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 22, 2017, 04:26:52 PM
Fuck, I was hoping it'd tank today so I could buy in. Leaving for vacation tomorrow so I'm probably going to be missing a lot of what happens in the next couple weeks.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 06:43:57 PM
EVERYTHING IS MOONING!

What the fuck!  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 22, 2017, 07:31:20 PM
Yeah I really don't know what to do right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 07:42:16 PM
I'm watching from the side lines...

Fucking hell.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Baiano19 on November 22, 2017, 07:55:57 PM
I should have bought Monero since the first day I bought bitcoin ( last week lol). Its the only currency I see on darkweb

Dash is kinda crazy though. Might see a correction soon

Fuck, I wish I had more money to waste , I mean, invest
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 22, 2017, 09:19:33 PM
I have a feeling BCH is going to do some stuff tonight. Bought some at 1647 CAD and it's now at 1720.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 10:47:21 PM
I'm probably going to buy into BTC again.

When people take their profits out of BCH and alts BTC will shoot up.

edit: Christ, BCH doesn't want to fucking die.  :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 22, 2017, 11:02:09 PM
Cashed back out 500 up. That's it for me for a little while. Not going to be able to reliably watch things for the next week or so and I don't feel comfortable parking money in crypto without babysitting it obsessively.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 22, 2017, 11:20:29 PM
I'm... going to wait.

this shit is making my eyes twitch.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on November 22, 2017, 11:31:23 PM
Side note: I just invested in a bunch of Canadian weed stocks. We should have a general money thread.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 23, 2017, 11:22:54 AM
Just cashed out on my Ether at its all time high
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 26, 2017, 01:50:45 PM
Can't believe I'm missing out on this insane bitcoin bull run. It's almost near 10,000 with no correction...  :doge

edit: It's dropping. Finally.  :whew


Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on November 26, 2017, 06:21:11 PM
That btc run was absolutely crazy.

I exited my BTC position a week ago going all in with LTC instead.  Half regretting it given the epic btc run, but I think it's just a matter of time until ltc moons.  ltc is seriously undervalued imho.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 26, 2017, 06:56:50 PM
Can't believe I'm missing out on this insane bitcoin bull run. It's almost near 10,000 with no correction...  :doge

edit: It's dropping. Finally.  :whew

Nothing stops this train
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on November 28, 2017, 01:40:23 AM
my bullishness rewarded again

 :success

this ride isn't ending, im here for the long haul
#ethernext
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: bluemax on November 28, 2017, 02:08:58 AM
https://ponzico.win/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 28, 2017, 10:15:10 AM
Why isn't it going down! Fuck.

I could've made an additional $2000 if I just kept my money in.

(https://i.imgur.com/BHqa9ol.jpg)

We're due for a big correction. I feel it in my bones.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 28, 2017, 11:43:38 AM
Well, duh. A correction will come eventually. Trying to pinpoint it is a fool's gambit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on November 28, 2017, 12:44:32 PM
Well, duh. A correction will come eventually. Trying to pinpoint it is a fool's gambit.

Will it though ? And correcting to what ? Bitcoin is purely a speculative asset and it doesn't really correlate to anything (apart from slight uses as currency and paying ransoms), it could go up as long as buyers are convinced it will continue to go up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 28, 2017, 02:22:28 PM
Just $55 more to cross 10k.  :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on November 28, 2017, 04:04:07 PM
any correction will be forgotten months after
even if it dips back to 8k after passing 10k, it'll still be at 10.5k months later
it's not "too big to fail" anymore
it's "too big to bail" baby
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on November 28, 2017, 07:43:39 PM
https://splinternews.com/hey-idiots-youre-gonna-lose-all-your-money-on-bitcoin-1820805131

A good article about Bitcoin.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 28, 2017, 10:42:29 PM
Fuck fuck fuck.

I would've almost doubled my money at this point.

:noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 28, 2017, 10:54:55 PM
https://splinternews.com/hey-idiots-youre-gonna-lose-all-your-money-on-bitcoin-1820805131

A good article about Bitcoin.

It's not?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on November 28, 2017, 11:15:54 PM
You guys are my heroes btw, I could never endure this level of stress lmao.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 12:05:28 AM
https://youtu.be/XbZ8zDpX2Mg

*praying for a 'crash'*
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on November 29, 2017, 12:14:01 AM
$10,000
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 29, 2017, 01:45:55 AM
You guys are my heroes btw, I could never endure this level of stress lmao.

Breh, this is the ultimate exercise in human greed and morbid curiosity. I could have pulled out a million times already with a decent profit, but I keep looking at the value climbing mesmerized, like I already won a small lottery but I wanna see how much more I could get, and risking it all to find out.

Like, this is me right now

https://www.youtube.com/watch?v=tDnAzGpxR4k
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on November 29, 2017, 06:23:30 AM
Is IOTA worth it?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 08:13:23 AM
I was going to hold some IOTA before I got disctracted with bitcoin.

Now I really wish I did since I remember it being below a dollar.

I say buy $100 to $500 dollars worth (money that you don't mind throwing away) if it dips and just don't look at your investment until early next year.

Also, look up dollar cost averaging if you don't want to wait for a dip.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 29, 2017, 09:38:55 AM
I could've made an extra $500 on ether  :goty2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 02:34:23 PM
(https://i.imgur.com/Jr6dNvV.png)

(https://media1.tenor.com/images/ffd4971908c3fe90fdb40ba775795e74/tenor.gif?itemid=5952380)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 03:41:12 PM
Waiting for bears to finish their run before I buy back in but *phew* I was almost worried that it was going to keep up climbing up into infinity.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 04:45:23 PM
(https://78.media.tumblr.com/e83db5c2067f4832a574bf185efa1589/tumblr_nqivct4h2g1ux6hsjo1_400.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 05:07:16 PM
Bulls are somehow making a comeback...

edit: If btc doesn't go down to 9000-8500 in the next couple of days I'm not buying back in.

I'll just hold eth, iota, and possibly one other alt coin.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 07:29:32 PM
Some food for thought about the next couple of weeks/months:
https://www.youtube.com/watch?v=cMCqwI0pY-c

https://www.youtube.com/watch?v=9uYRbSh-lxk
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 09:04:32 PM
BTC slowly climbing up... seems like a bull trap.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 29, 2017, 10:25:51 PM
(https://i.imgur.com/99IDHxw_d.jpg?maxwidth=640&shape=thumb&fidelity=medium)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on November 30, 2017, 11:51:39 AM
https://www.bloomberg.com/news/articles/2017-11-29/coinbase-loses-bid-to-block-irs-probe-of-bitcoin-gains

lawl, you guys are going to jail for tax evasion.

(https://nyoobserver.files.wordpress.com/2016/06/cersei-smirk.gif)

Vindicated.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 30, 2017, 11:56:05 AM
2013 through 2015


 :ufup
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 30, 2017, 12:10:55 PM
I think there's a real possibility that BTC could go down to $6000 in the coming weeks.  :leon
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 30, 2017, 12:24:06 PM
Noooooo
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 30, 2017, 12:27:07 PM
$8200 if I'm being conservative.

Just don't sell. It'll shoot back up again once it hits a strong support.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on November 30, 2017, 12:42:09 PM
These straight faced tea-leaf readings are baffling.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on November 30, 2017, 12:44:43 PM
$8200 if I'm being conservative.

Just don't sell. It'll shoot back up again once it hits a strong support.

TBH I think 8k is the baseline, I don't see it dropping below that in the near future. Oh well, if it drops, I'll buy some.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 30, 2017, 03:12:36 PM
These straight faced tea-leaf readings are baffling.
(https://i.imgur.com/mqMqZpP.jpg)

Have faith in the "meme lines", breh.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on November 30, 2017, 03:24:22 PM
These straight faced tea-leaf readings are baffling.

Yeah.

I mean the baseline is obviously more around 9450$.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 30, 2017, 03:27:29 PM
(https://i.imgur.com/6Dpe6CG.png)

If it goes well below that purple line in the center of my fibonacci bollinger bands and fails to break up past it again it's gonna keep on tumbling down.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on November 30, 2017, 03:28:08 PM
These straight faced tea-leaf readings are baffling.
:win
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 30, 2017, 05:14:30 PM
BTC downtrend might be breaking up right now but it's still too high for me to buy back in and not feel nervous.

It could easily rise up to $10,100 and then start plummeting.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on November 30, 2017, 10:53:20 PM
https://www.youtube.com/watch?v=4APcgsRdW6w
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 01, 2017, 02:26:56 AM
I'm still holding brehs
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 01, 2017, 06:12:09 PM
When it was like 9 k i sold to hold bcc cause i figures when the big sell off happens, if it happens, bcc will be pumped quite a bit. Im losing money ... :-*
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 01, 2017, 06:19:59 PM
You guys are my heroes btw, I could never endure this level of stress lmao.

This is how i am during my days off except im watching bittrex tickers and am sad instead of happy.

https://youtu.be/6uQwK2wWAeY
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 03, 2017, 02:24:51 PM
https://www.youtube.com/watch?v=4APcgsRdW6w
the extra funny part of this for the cultist dopes in this thread is probably that his explanation is actually more accurate and helpful than most mainstream news stories that rediscover bitcoin every six months or so and "explain" it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 03, 2017, 02:28:50 PM
BUT THAT DISTRACTED ME I ACTUALLY CAME IN HERE FOR THIS, PROVING THAT BITCOIN IS CONFIRMED TO BE OVER: https://www.sbs.com.au/news/article/2017/11/21/risky-business-how-pole-dancing-instructor-found-success-bitcoin
(https://www.sbs.com.au/news/sites/sbs.com.au.news/files/styles/full/public/bittgg.jpg?itok=G05bFIf9&mtime=1511254081)
Quote
Pole dancing instructor Dee Heath is riding the surge with her fitness business in western Sydney.

She has spent $5,800 on Bitcoin since July and has more than tripled her investment.

"Look, I love pole dancing but lately my passion has definitely been Bitcoin," she told SBS News.

She is now dedicating her time informing would-be Bitcoin investors about navigating the world of cryptocurrencies.

She has started a website to explain Bitcoin.

"It comes with any investing, it's volatile at times, especially cryptocurrencies," she said.

"The good thing is when it goes down, you can buy some more, and you know it's going to go up at some point.

"As long as you're calm and you don't let emotions run you when you're dealing with any sort of cryptocurrency, particularly Bitcoin, then you're safe."
Quote
Others aren't so enthused about the virtual currency.

The head of JP Morgan said recently that cryptocurrencies such as Bitcoin are only fit for use by drug dealers, murderers and people living in North Korea.

And there are plenty of other skeptics.

"Australia in particular has been involved in buying and selling drugs on the dark web using cryptocurrencies," said Professor David Glance from the Centre for Software Practice at The University of Western Australia.

"Many are comparing the buzz around Bitcoin to tulip mania that hit the Netherlands in the 17th century."
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 03, 2017, 02:29:34 PM
sold half my bc when it was at $11,720.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 03, 2017, 04:57:43 PM
Big corrections across the board right now. Might drop some cash into LTC during the dip.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 03, 2017, 07:27:12 PM
I'm afraid we're never gonna see 4 digit btc prices for a long time. :fbm

Guess I'll just buy eth and iota.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 03, 2017, 09:54:26 PM
John McAffee said he'll eat his own dick if BC is not $500,000 by 2020.  :doge

BTW Bob, these aren't corrections, merely volatility. Bitcoin and Ether are simply back to where they were a day ago, BC is still higher actually.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 03, 2017, 10:49:06 PM
iota worth gambling a hundred dollars on?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 03, 2017, 10:55:03 PM
iota worth gambling a hundred dollars on?
Yes. Right now I'm just waiting for it to dip some before I buy in.


Sitting on about 15 ETH at the moment. Waiting for another $1,000 USD to get transferred to me before I buy some more ETH to buy IOTA with on Binance.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 03, 2017, 10:56:58 PM
which apps/sites do you guys use to buy coins? The one I'm using only does ETH and BTC and I'd like to parlay that into LTC (:goldberg) and MIOTA.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 03, 2017, 11:02:03 PM
Coinbase since I'm in the US.

But I use Coinbase's professional trading platform GDAX to send crypto to and from other exchanges like Bittrex and Binance.

Eventually I need to get a dedicated wallet so I'm not keeping my crypto on exchanges. I trust coinbase over the others but you can only buy btc, eth, and ltc there and not buy/send/receive/hold other alt coins there.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 03, 2017, 11:11:03 PM
I think i'll try Bitfinex, seems the best choice. (Also i dont want to manage my own wallet right now lol)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 03, 2017, 11:27:48 PM
I swear if IOTA goes to $3 before I get that $1000... :snoop

I've been starring at that coin for weeks on and off when it was still below a dollar.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 07:56:53 AM
Binance is down...

Thank goodness I didn't send any money to it last night.

edit: Also, ETH is starting to dip... I always buy too soon or too late.  :doge

I probably shouldn't look at the price until the end of this week.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 04, 2017, 08:22:30 AM
yeah i'm only going to look at my IOTA at the end of this week also. ignoring everything till then
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 08:36:41 AM
I'm going to move some ETH into XLM (stellar lumens). Allegedly it's supposed to pump up before the 7th due to a major partnership. "Buy the rumor. Sell the news."

Then following that VTC (vertcoin) should rise due to the "halvening" (https://www.reddit.com/r/vertcoin/comments/793wka/eli5_what_is_the_significance_of_the_halvening/). December 12th is the target date but... I know not to trust target dates too heavily now.

Also, keep an eye out for GRS and LSK as well.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 09:42:00 AM
Fucking A...

Just transferred 10 eth to my Bittrex account from my GDAX account and it's taking longer than usual...

I always get heart palpitations whenever transfers take forever....

edit:
https://qz.com/1145833/cryptokitties-is-causing-ethereum-network-congestion/

This might be the cause.  :doge

Shit like this is why crypto won't gain mass adoption anytime soon.

edit2: If I no joke just lost close to $4500 because of a transfer error I'm quitting crypto.  :beli

I searched for the ether address I sent 10 ETH to on etherscan and the transaction is not showing up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 04, 2017, 01:34:02 PM
You put in the minimum to push through the exchange? I mean sometimes it takes a while (i only buy bitcoin as my middleman coin so i dunno how slow ETH is)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on December 04, 2017, 01:38:42 PM
Etherium is usually faster for me compared to Bitcoin. Both are much faster then transferring USD around.

Have you checked the transfer details on Coinbase to make sure the delivery has happened yet?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 02:01:42 PM
(https://i.imgur.com/SPUZTZM.png)

Should've just bought litecoin....  :comeon

edit: I filed a support ticket with gdax to hopefully get an idea what's going on from their end.

It says the transaction is completed on gdax but my bittrex ethereum wallet remains empty.

You put in the minimum to push through the exchange? I mean sometimes it takes a while (i only buy bitcoin as my middleman coin so i dunno how slow ETH is)
Minimum deposit amount is .1 ETH on bittrex.

I sent in 10 ETH.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 02:25:18 PM
If I'm assuming things correctly, I basically have $4000+ in limbo because of fucking virtual cats.

Just fucking end me.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on December 04, 2017, 02:27:38 PM
Oh dear...who could've foreseen anything like this happening? Such surprise.  :success
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 02:36:07 PM
(https://i.imgur.com/AQDpb9m.png)


(http://rs231.pbsrc.com/albums/ee81/basilisk1234/suicide.gif?w=280&h=210&fit=crop)

edit: fucking burn it all down to the ground.
https://techcrunch.com/2017/12/03/people-have-spent-over-1m-buying-virtual-cats-on-the-ethereum-blockchain/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: recursivelyenumerable on December 04, 2017, 02:39:59 PM
:drudgeFirst ever legitimate application of cryptocurrency (https://qz.com/1145833/cryptokitties-is-causing-ethereum-network-congestion/)
:drudge
Quote
The collectors are playing CryptoKitties, a game built on the ethereum blockchain where players spend ether—the digital token used by ethereum—to breed cartoon kittens or trade with other players. Unprocessed ethereum transactions have risen about six-fold since CryptoKitties was released on Nov. 28, according to data provider Etherscan.

CryptoKitties now has the busiest address on the ethereum network, accounting for nearly 12% of all transactions. That’s a threefold increase from Saturday (Dec. 2) when it was responsible for about 4% of all ethereum transactions.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: recursivelyenumerable on December 04, 2017, 02:40:32 PM
:drudgeFirst ever legitimate application of cryptocurrency (https://qz.com/1145833/cryptokitties-is-causing-ethereum-network-congestion/)
:drudge
Quote
The collectors are playing CryptoKitties, a game built on the ethereum blockchain where players spend ether—the digital token used by ethereum—to breed cartoon kittens or trade with other players. Unprocessed ethereum transactions have risen about six-fold since CryptoKitties was released on Nov. 28, according to data provider Etherscan.

CryptoKitties now has the busiest address on the ethereum network, accounting for nearly 12% of all transactions. That’s a threefold increase from Saturday (Dec. 2) when it was responsible for about 4% of all ethereum transactions.

edit: lol, atra posted while I was in the middle of posting this
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 02:45:44 PM
IT FINALLY ARRIVED AHAAAHAHAHAHAHA

(https://i.imgur.com/XHNeWVe.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 04, 2017, 02:53:28 PM
GDAX can't verify my identity so I'm stuck using scrub Coinbase
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on December 04, 2017, 03:41:09 PM
But Kyrpto is a dog, tho? :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: recursivelyenumerable on December 04, 2017, 03:53:20 PM
But Kyrpto is a dog, tho? :doge

great startup opportunity.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 04, 2017, 04:24:52 PM
At least tulips were pretty to look at and didnt cost a small country worth of energy to run.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 05:21:13 PM
(https://i.imgur.com/UM4B97d.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: recursivelyenumerable on December 04, 2017, 06:36:58 PM
why is the blackboard covered in physics equations ???
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 06:38:49 PM
It's virtual cat fucking physics.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 06:45:06 PM
Loaded up on a bunch of Stellar Lumens (XLM)

Let's see where this baby goes in the next couple of days.

(https://i.imgur.com/A4yGt99.jpg)

edit: starting to shoot up now.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 06:51:37 PM
(https://i.imgur.com/qd29lr3.png)

The absolute state of /biz/ :trigger
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on December 04, 2017, 07:57:32 PM
tfw Boss Doggie was playing 7-dimensional chess the whole time, and you're just now learning to play checkers
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 04, 2017, 09:00:28 PM
Apparently the Crypto Kitties are starting to tank.

Thank god.  :preach
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 05, 2017, 08:48:21 AM
I'll be okay when the speculative bubble eventually pops. I keep most of my profits in fiat. :yeshrug

edit: in other news, XLM hasn't officially pumped yet and I'm already up $200. Could easily make $1000 or more this Thursday when the news breaks. :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 05, 2017, 12:42:49 PM
IT FINALLY ARRIVED AHAAAHAHAHAHAHA

(https://i.imgur.com/XHNeWVe.png)
To tha moon!  :doge

(https://i.imgur.com/ALlOiHN.png)

edit: still going up
(https://i.imgur.com/KMaiD7T.png)

Part of the reason why I was flipping my shit yesterday was because I was going to miss out on these gains due to ETH being slow.


How you holding up, Momo?

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 05, 2017, 12:57:58 PM
Also, here's some great resources I just discovered:
http://www.coinscalendar.com/
http://coinmarketcal.com/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 05, 2017, 08:22:44 PM
Hmm that calendar shit is pretty great
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 06, 2017, 09:22:27 AM
Sent over some BTC (I converted my remaining 5 ETH to BTC) to my Bittrex account to buy up some MCO.

Here's hoping it arrives before MCO begins to shoot up.  :doge

edit: probably should've converted the ETH into LTC, sent the LTC to bittrex, then traded the LTC to BTC but that's such a giant chore...

Also, looks like MCO is in a tight accumulation pattern. Could break out soon...


Also, woke up to some nice profits from XLM this morning:
(https://i.imgur.com/WqFRNKF.png?1)

 :success

edit: Gonna stay in until the 7th ....then I might take out a good chunk and hold the rest since this coin could have some big potential in the future.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 06, 2017, 01:04:13 PM
 :whew :noah

Doubled my money with einsteinium. hold through fork or sell, tell me atra sempai.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 06, 2017, 01:13:24 PM
I don't have completely good "optics" on it but...

If you're feeling conservative, go ahead and take your profits.

If you're feeling generally optimistic about this coin hold everything and maybe just take half of your profits.

Here's what you have to look forward to in the coming days:
http://coinmarketcal.com/?form%5Bmonth%5D=12&form%5Byear%5D=2017&form%5Bcoin%5D=Einsteinium+%28EMC2%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=

There could be a huge sell-off after the fork. But coin burns generally increases the value of the coin.

And the lead up to that announcement could spur a ton of buys after the fork & burn date.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 06, 2017, 01:51:14 PM
thx atra, this thread needs more epic bullrun 4chan pix tho  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 06, 2017, 03:06:14 PM
man ffs i have to go sleep fer werk but liek i dont want to wake up to bitcoin dropping to 10 k, i dont store in fiat :(

That ocean of red alt coin seems ominous to me.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on December 06, 2017, 04:17:39 PM
https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 06, 2017, 04:28:31 PM
https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613
It's for the best. Bitcoin's transaction fees and transaction times are ridiculous now.

Also, Bitcoin just spiked in price.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on December 06, 2017, 04:31:56 PM
https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613

:violin The absolute state of cryptocurrencies. :violin
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on December 06, 2017, 04:39:46 PM
https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613

Valve just shot themselves in the foot.

I don't know how much the rest of you know about Bitcoin culture (I'm an expert), but honor and shame are huge parts of it. It's not like it is in Fiat where you can become successful by being an asshole. If you screw someone over in Bitcoin, you bring shame to yourself, and the only way to get rid of that shame is repentance.

What this means is the bitcoin public, after hearing about this, is not going to want to purchase Valve games for any system, nor will they purchase any games on Steam. This is HUGE. You can laugh all you want, but Valve has alienated an entire market with this move.

Valve, publicly apologize and reallow Bitcoin or you can kiss your business goodbye.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 06, 2017, 05:07:05 PM
(https://i.imgur.com/GMvReyB.png)

Yep, this is totally normal and healthy growth.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 06, 2017, 06:30:37 PM
um wtf is going on?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on December 06, 2017, 06:33:28 PM
The tulips are blooming
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 06, 2017, 06:38:33 PM
I want to say anyone that isn't selling now is insane, but BTC has continually defied conventional wisdom so who knows?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 06, 2017, 06:48:59 PM
Hah.

I bet it could go straight up for days.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 06, 2017, 11:13:23 PM
(https://i.imgur.com/XHNeWVe.png)

V

(https://i.imgur.com/ALlOiHN.png)

V

(https://i.imgur.com/KMaiD7T.png)

V

(https://i.imgur.com/0M6qeyj.png)


https://www.youtube.com/watch?v=tAhIg5Dy3uA
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 07, 2017, 02:21:37 AM
My iota holdings (lol) have devalued quite a bit, but I got in cheaper than the current sell so i'm holding. Loving this passive BTC growth in some of my unattended wallets :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Makai on December 07, 2017, 02:31:32 AM
I want to short this so bad but for all I know it'll go up to 100k or some shit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 07, 2017, 09:08:07 AM
MFW I woke up and looked at Monaco (MCO) this morning.

(https://i.imgur.com/9Yk6Ptf.png)

Okay, it's not that bad but it's barely moving from where I bought at.  :doge

Should start to pick up in the coming days but for now I'm a bagholder.

edit:
(https://i.imgur.com/0IGg9Z9.jpg)

It even looks primed for a break out right now.

edit: or it's just going to keep tumbling down because BTC is going ham at $16000 :goty2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 07, 2017, 09:29:50 AM
Fuck I wish I just HODL'd BTC
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 07, 2017, 09:37:08 AM
BTC infuriates me at this point.

Its technology is dogshit relative to other cryptocurrencies yet it keeps on mooning every week or so.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 07, 2017, 10:42:28 AM
BC is a beast. 20k in the next few days. Before the end of the year certainly. Maybe John McAffee is right and we're the crazy ones. Every time I take out a grand, it replenishes in a couple of days  :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 07, 2017, 03:25:48 PM
I saw someone say in a discord group: "Bitcoin isn't a currency. It's the new Roth IRA."

lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 07, 2017, 07:09:32 PM
(https://i.imgur.com/8cLKZeL.jpg)

Fucking Bitcoin and its day long bullruns

Should've went back into USDT while I was ahead.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 07, 2017, 08:55:01 PM
Depressing Cryptocurrency Thought:
If you're around my age (mid to later 20s) the money you spent on college during the time bitcoin was just getting started would've made you a multi-millionaire or billionaire if you bought bitcoin while it was still trading in the double to triple digits.

:fbm
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TVC15 on December 07, 2017, 09:00:04 PM
warcock better make enough to pay for our wedding.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Makai on December 07, 2017, 11:48:41 PM
Someone in line at Chick Fil A was talking about his bitcoin gains and predicted it would go to $150k a coin.

We're all going to die. :clap
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 08, 2017, 12:01:15 AM
Depressing Cryptocurrency Thought:
If you're around my age (mid to later 20s) the money you spent on college during the time bitcoin was just getting started would've made you a multi-millionaire or billionaire if you bought bitcoin while it was still trading in the double to triple digits.

:fbm

Fools gold. The only people who held that shit since then were already wealthy, true believers or both. 
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 08, 2017, 12:05:54 AM
Someone in line at Chick Fil A was talking about his bitcoin gains and predicted it would go to $150k a coin.

We're all going to die. :clap
I hope BTC crashes and burns and makes all the normies scatter. REEEEEEE
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 08, 2017, 12:18:49 AM
Maybe John McAffee is right and we're the crazy ones.
This is not mutually exclusive.

No matter what, right or wrong on any subject, John McAfee will always be crazy first and foremost.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Makai on December 08, 2017, 12:26:37 AM
Quote
Bitcoin's market cap is now larger than Goldman Sachs and Morgan Stanley

I'm legitimately concerned the Bitcoin bubble is going to take the financial system with it. History books of the future are going to be really embarrassing if we still have the capacity to make them.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 08, 2017, 12:29:57 AM
That comparison doesn't even make sense.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 08, 2017, 12:32:35 AM
I have a hunch that the top dogs in the US financial system & elsewhere are going to benefit greatly from bitcoin by shorting it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 08, 2017, 12:39:01 AM
I have a hunch that the top dogs in the US financial system & elsewhere are going to benefit greatly from bitcoin by shorting it.
Only criminals like child pornographers and drug traffickers trade in bitcoin. :ufup
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 08, 2017, 12:51:43 AM
All joking aside, criminals use Monero. Harder to track.

Which has a logo very similar to NeoGAF's.

(https://i.imgur.com/ofL4uph.png)

Coincidence?   :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 08, 2017, 10:23:46 AM
Finally going to be making some money off that LTC I bought :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 08, 2017, 11:36:36 AM
Up almost 40% and still rising  :delicious
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 08, 2017, 12:06:44 PM
Probably because it's one of the top coins that doesn't take hours to transfer through its network.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 08, 2017, 01:21:19 PM
this pronounced inverse interplay between BCC and BTC seems to be legitimate, my timing is just always fucking out of touch. It seems my premature ejaculation spread to other aspects of my life.

edit: I'm going to borrow from Trump's playbook in the next couple of days. Multi-dimensional hard fork trading.  I'll let you guys know how it plays out if i can still afford an internet connection by then.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 08, 2017, 03:35:47 PM
MCO is recovering. Thank God.

(https://i.imgur.com/y2iqdUg.jpg)

spoiler (click to show/hide)
That dip yesterday ate about $3000 of my XLM profits.  :doge
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 08, 2017, 08:50:02 PM
LTC still going. From 95 to 140 in one day  8)

150  8) 8) 8)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 08, 2017, 09:53:57 PM
Not taking any chances tonight. Putting my money into USDT for now.

(https://i.imgur.com/3B3svUQ.png)

I'll buy MCO when it dips back down into hell again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 09, 2017, 12:00:03 AM
Just crossed 175 :gladbron :gladbron :gladbron

Wish my investment was bigger but fuck man, whatever!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 09, 2017, 12:08:24 AM
Holy jesus it's on the verge of 200. It doubled in one day  :tophat
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 09, 2017, 11:20:10 AM
Hohoho mco is on fire grats atra. Feels a little late to jump in when is d day for exchanges
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 09, 2017, 11:30:47 AM
what in the jesus fuck happened to litecoin
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 09, 2017, 11:34:53 AM
Throw us a party when you're rich, Atra.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 09, 2017, 11:51:52 AM
what in the jesus fuck happened to litecoin

Here's my ignorant pleb theory. All these new kids on coinbase trying to become billionaires in 18 hours finally are having a taste of the volatility. They see their 10k taking a hard shock when btc went from 17k to 14k in less than a day, they start freaking out. Now because they are greedy little bitches(mostly americans tbh) instead of converting to fiat they dont want to let go of their quick millionaire dreams so they buy the cheapest coin available as an alt, which is litecoin. Blam, now give me my nobel prize in economics.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 09, 2017, 11:59:30 AM
I have a feeling it's FOMO too. "It's like bitcoin 5 years ago!! BUY BUY BUY"
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on December 09, 2017, 12:28:27 PM
what in the jesus fuck happened to litecoin

Here's my ignorant pleb theory. All these new kids on coinbase trying to become billionaires in 18 hours finally are having a taste of the volatility. They see their 10k taking a hard shock when btc went from 17k to 14k in less than a day, they start freaking out. Now because they are greedy little bitches(mostly americans tbh) instead of converting to fiat they dont want to let go of their quick millionaire dreams so they buy the cheapest coin available as an alt, which is litecoin. Blam, now give me my nobel prize in economics.

You're not eligible to the Nobel but may I interest you in joining the BitNobel e-society ? It's a new form of award free from centralized associations and many observers believe they'll soon compete with traditional prizes !
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on December 09, 2017, 01:07:40 PM
Guess I'm not buying a new GPU any time soon...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 09, 2017, 01:48:54 PM
what in the jesus fuck happened to litecoin

Here's my ignorant pleb theory. All these new kids on coinbase trying to become billionaires in 18 hours finally are having a taste of the volatility. They see their 10k taking a hard shock when btc went from 17k to 14k in less than a day, they start freaking out. Now because they are greedy little bitches(mostly americans tbh) instead of converting to fiat they dont want to let go of their quick millionaire dreams so they buy the cheapest coin available as an alt, which is litecoin. Blam, now give me my nobel prize in economics.

You're not eligible to the Nobel but may I interest you in joining the BitNobel e-society ? It's a new form of award free from centralized associations and many observers believe they'll soon compete with traditional prizes !

Isn't that what the nobel in economics kind of is already tho?  Still furious at Piketty getting shafted for...Tirol...  Man i'm exuding class-envy from all my pores.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on December 09, 2017, 02:01:03 PM
BTC infuriates me at this point.

Its technology is dogshit relative to other cryptocurrencies yet it keeps on mooning every week or so.

I told you, bro. I warned you about Bitcoin being shit.

"But I invested anyway."

Yeah, you did. Now you get to watch me and other smart (read: fiat currency) folks laugh at you.

https://twitter.com/cryptomanran/status/939165804809027585
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 09, 2017, 10:59:49 PM
God damn. LTC cratering almost as hard as it shot up yesterday. Glad I pulled out into fiat near the ath.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 10, 2017, 12:02:23 AM
Bought back into the current MCO dip.

My whale signal "insider" guy seems pretty confident that this shit is gonna explode soon.

edit:

Might be able to afford a whole bitcoin again if MCO decides to have a bullrun tonight.

(https://i.imgur.com/gBvdGyj.png)

edit:
So far so good. The moon mission (or the first of many) is supposed to happen early tomorrow morning, Allah willing.
(https://i.imgur.com/AK0EZ7A.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 10, 2017, 02:14:38 PM
https://discord.gg/MTabwFZ

Oh yeah, join this discord if you want to see me get rich in real time. (Atra is my name there)
Also, there will be more moon missions to follow after MCO.

 :itagaki
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 10, 2017, 02:26:47 PM
Atra, should I sell off my BC before monday or buy more? This dude I work with that knows way more about finance than me says that the futures will kill it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 10, 2017, 02:30:17 PM
I can't say one way or another about bitcoin.

But what I will say is that I'm not holding any bitcoin currently for the long term and don't plan to any time soon.

Shit is way to volatile for my tastes.

If I do any long term holding it's going to be in LTC and/or ETH.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 10, 2017, 02:37:32 PM
My friend is saying that if the futures thing goes through it's going to kill bitcoins volatility (and growth) since the futures guarantee its price a year from now (or however futures work, I don't know)

I bought 1k of ether when it was around 430, going to hold for a while and see what happens. Hoping Litcoin dips a bit so I can buy and hold. I'm still kicking myself for selling all my Litcoins when I bought them in May and it didn's show any movement for a couple of months. I should have held..
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 10, 2017, 02:56:23 PM
It could kill volatility and growth or it could not.

Bitcoin has a way with fucking with people's expectations (trust me I know...). Some days it seems like it has a mind of its own when it's being threatened by some outside force.  :doge

Also, the big wig finacial guys seem to be on this big FUD campaign with bitcoin. If they are as crafty as I think they are, they're trying to scare everyone from buying it so when the price plummets and they can buy up more of it when it is cheap have more control over it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 10, 2017, 03:18:00 PM
You're definitely right about that. All the "experts" spent the whole year downplaying BC and predicting it's inevitable downfall any day now.  :lol Jim Cramer just wrote an article about how it's Monopoly money. Last time I checked I couldn't multiply my USD with Monopoly money.  :doge

I think whatever happens tomorrow and the coming days will be a good predictor for what's coming on the 18th.

I'm regretting I didn't sell when it hit above 18k, I was waiting for a psychological landmark of 20k.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 10, 2017, 04:00:02 PM
Saw someone on twitter post this:
(https://i.imgur.com/VWz3Kri.jpg)

Also this:
https://medium.com/@ImagineTraffic/will-the-futures-market-do-to-bitcoin-what-it-did-to-gold-b7d35704641
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on December 10, 2017, 11:10:51 PM
When I buy a thousand dollars worth of options contract for a $10 billion dollar company, the institutional investors (which hold a significant chunk of the stock) will instantly drop the stock price by 0.1% for a few minutes to scare me into selling back for a loss.

That's what happens with big, mainstream stock market shit. I can only imagine how hilarious BTC futures trading will turn out. Ultimately, y'all should expect the price to be manipulated and develop a strategy to eat the crumbs the big institutions leave behind.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 12:06:24 AM
There's a fuck load of new crypto peeps that are buying up BTC right now and their hands are weak as shit. They will freak the fuck out and sell when a 3% to 6% dip happens.

I've gone through some hellish dips but always came out on top when I just held and waited.

Not many people are willing to do that.

I can only imagine how many of them will panic sell when BTC drops from 5 digits to 4 digits.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 12:11:33 AM
Oh yeah, update:

I can afford a whole bitcoin again.  :doge

(https://i.imgur.com/1MDxZp3.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 12:15:30 AM
Goddam. Nice work man
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 12:21:55 AM
Do you just follow the general consensus on that Discord? I may have to hop on there.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 12:28:07 AM
Do you just follow the general consensus on that Discord? I may have to hop on there.
I follow Cryptoverter's lead in his trade-signal channel. I try to ignore most people in the main-chat because they're all emotional and freaking out.

I think he has some ins with some whale groups and he's being nice to us little guys by keeping us privy to their activities and research.

edit: if I hit my profit goal of $20K I'm strongly considering buying a lifelong sponsorship for his premium signal group so I get in earlier on certain trades.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 11, 2017, 12:54:56 AM
There's a fuck load of new crypto peeps that are buying up BTC right now and their hands are weak as shit. They will freak the fuck out and sell when a 3% to 6% dip happens.

I've gone through some hellish dips but always came out on top when I just held and waited.

Not many people are willing to do that.

I can only imagine how many of them will panic sell when BTC drops from 5 digits to 4 digits.

If a shitload people sell when a 6% dip happens, wouldn't it trigger a chain of dips?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 12:58:36 AM
There's a fuck load of new crypto peeps that are buying up BTC right now and their hands are weak as shit. They will freak the fuck out and sell when a 3% to 6% dip happens.

I've gone through some hellish dips but always came out on top when I just held and waited.

Not many people are willing to do that.

I can only imagine how many of them will panic sell when BTC drops from 5 digits to 4 digits.

If a shitload people sell when a 6% dip happens, wouldn't it trigger a chain of dips?
It does if the sell orders outweigh the buy orders.

But more often than not there are people who buy up those dips and aren't phased by big red dildo candles.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 11, 2017, 01:03:27 AM
I feel like I'm crazy for doing this, but I decided to hold until tomorrow and see what happens. I have a gut feeling there will be a spike tomorrow before the dip.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 11:52:18 AM
It's funny, Even if I end up making $20K, $40K, $60K etc. with crypto trading there's nothing I really need to buy.

I just want a bunch of money so I don't need to go to a job that I hate and just fuck off draw & play vidya all day.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 11, 2017, 11:52:31 AM
Looks like it's safe to hold for now

https://www.reuters.com/article/us-bitcoin-futures/after-bitcoins-wild-week-traders-brace-for-futures-launch-idUSKBN1E404D
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 12:15:29 PM
It's funny, Even if I end up making $20K, $40K, $60K etc. with crypto trading there's nothing I really need to buy.

I just want a bunch of money so I don't need to go to a job that I hate and just fuck off draw & play vidya all day.  :doge

Same :'(

LTC up another 20 or so % today. I bought back in at the bottom of the big dip just before so I'm pretty pleased.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 02:30:03 PM
(https://i.imgur.com/DqLZQ2H.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 03:59:58 PM
https://i.imgur.com/wJzM2uy.png
https://boards.4chan.org/biz/thread/4971614

The absolute state of /biz/  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on December 11, 2017, 04:09:05 PM
Maybe there's something to this whole Bitcon thing.  :ohhh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 05:20:58 PM
LTC popping off again :tophat
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 05:34:53 PM
Put some of my dad's money into LTC a couple days ago since he's starting to get into crypto. Thank goodness I did.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 05:36:11 PM
Going to be hodling it for a long while I think. What's the word with MCO, Atra? Is there still time to buy in?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 05:39:59 PM
Try and buy MCO below 90K sats. At 80K to 85K would be better.

I've been holding since 75K so I'm pretty comfy currently.

I have my sell orders set at 114k, 127k, and 139k sats.

edit: there might be news coming out tonight but the volume of MCO has been steadily increasing due to it being listed on more exchanges.
http://coinmarketcal.com/?form%5Bmonth%5D=&form%5Byear%5D=&form%5Bcoin%5D%5B%5D=Monaco+%28MCO%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 08:48:05 PM
Damn man. LTC is at 240 right now on the same day it cracked 200.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 09:16:34 PM
 :o :o :o LTC 270 jaysus
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 09:58:20 PM
MCO fomo about to kick in pretty soon:
http://boards.4chan.org/biz/thread/4980445
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 11, 2017, 10:39:38 PM
I don't really want to drop my LTC for MCO and it looks like the new funds I'm sending to my account are delayed, so I'll have to sit out the MCO moon mission. I'll see what Cryptoverter's next trade signals are and jump on that.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 11, 2017, 10:56:56 PM
That's probably for the best.

Also, if I do end up getting a paid membership to his signal group I'll try to share some of the insights I gain from that.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 12, 2017, 12:49:54 AM
I need an exit strat after the moon landing. FIAT is french slang for queer. That will not do.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on December 12, 2017, 01:18:04 AM
I knew i had to buy some ltc last week but was too lazy to sign up  :'(

Still shit should hit 1k before nye
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on December 12, 2017, 02:23:19 AM
Trying to sign up to coinbase now but the site is down ofc  :lol

Just going to buy 1-2 litecoins and see where this train takes me.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on December 12, 2017, 03:39:46 AM
Just put down a 100 euro money, chickened out of buying a few.

Lets see.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: daemon on December 12, 2017, 06:40:20 AM
I'm using etoro now, I wasn't sure about investing when they were $98, wrong decision.

So i'm trading now. Bought when they were like 225, dipping after the 250 surge. I already got a 15% benefit from merely 3 hours.

I think the coins that appear in trading well-known websites are better, because there's more activity surrounding them. MCO isn't there, so it doesn't feel like a very solid choice atm, despite how good the token looks in theory.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 08:41:34 AM
MCO is a short term hold (as are most altcoins).


Latest signal:
(https://i.imgur.com/fqHAQSO.png)

Probably be good to let it sink a bit (after a BTC bullrun) before buying in.


Also, Bitfinex might pull a MtGox soon.
(https://i.imgur.com/OZGyt40.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: daemon on December 12, 2017, 08:54:17 AM
MCO is a short term hold (as are most altcoins).


Latest signal:
(https://i.imgur.com/fqHAQSO.png)

Probably be good to let it sink a bit (after a BTC bullrun) before buying in.


Also, Bitfinex might pull a MtGox soon.
(https://i.imgur.com/OZGyt40.png)

these unconfirmed sources seem to want panic sells to get more bitcoins. These crashes make whales more rich on the short term aftermath anyways.

Btw, 30% profit as of now. I'm trying to analyze the patterns to close my trades when I smell a quicksell to purchase more LTC when they drop
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 12, 2017, 09:08:46 AM
LTC may crack 400 on GDAX wtffffffff

Edit: It fucking did it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Coax on December 12, 2017, 09:12:55 AM
There's a guy who writes about the issues he sees with Bitfinex here (https://medium.com/@bitfinexed), which involves their relationship with Tether. They're also investors in Blockstream. Fortune had an article about the companies here (http://fortune.com/2017/12/05/bitcoin-btc-price-usd-tether-limited-bitfinex/), giving reasons why such as crash could occur.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: daemon on December 12, 2017, 09:15:27 AM
There's a guy who writes about the issues he sees with Bitfinex here (https://medium.com/@bitfinexed), which involves their relationship with Tether. They're also investors in Blockstream. Fortune had an article about the companies here (http://fortune.com/2017/12/05/bitcoin-btc-price-usd-tether-limited-bitfinex/), giving reasons why such as crash could occur.

I hope you guys mention if you see such a crash happening
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on December 12, 2017, 09:20:04 AM
https://news.sky.com/story/north-korea-is-hacking-soaring-bitcoin-exchanges-say-researchers-11162155
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on December 12, 2017, 09:44:36 AM
How's Dogecoin doing?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: daemon on December 12, 2017, 10:18:44 AM
How's Dogecoin doing?

More importantly, when's borecoin coming?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 11:26:02 AM
How's Dogecoin doing?
Currently sleeping.
(https://i.imgur.com/DLYrHMr.png)

Also, it looks like the only thing that's trading it are bots.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on December 12, 2017, 11:27:04 AM
Guess that means it's time to invest my life savings: $10!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 12:45:07 PM
That'll buy a lot of doge.   :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 12:46:55 PM
How's Dogecoin doing?

More importantly, when's borecoin coming?
Getting paid, for receiving likes, with borecoin would be cool.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 12, 2017, 01:32:16 PM
The only coin i think has a future is ethereum. It's at what? $650 now? I might go in on 3k and just let it sit there for 5 years.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 01:42:13 PM
So close to my 1st landmark goal of $20K in crypto. I can almost taste it. :noah

(https://i.imgur.com/6W8LNXH.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 12, 2017, 01:55:38 PM
Nice work. I hope to be a level 99 alt flipping wizard too some day
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 12, 2017, 02:32:34 PM
So close to my 1st landmark goal of $20K in crypto. I can almost taste it. :noah

(https://i.imgur.com/6W8LNXH.png)

what did you start at?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 02:33:25 PM
I want to say I started out with $6000-$6500.

Need to check my credit card and bank statements again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 12, 2017, 02:35:08 PM
I want to say I started out with $6000-$6500.

Need to check my credit card and bank statements again.

what are you mainly using to trade? coinbase? shit always has problems.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 02:35:54 PM
Bittrex and GDAX
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on December 12, 2017, 02:53:23 PM
https://www.youtube.com/watch?v=KTf5j9LDObk
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 04:28:35 PM
Ripple (XRP) just spiked in price.

Keep on seeing rumors that it's the next coin that'll be added on Coinbase.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 12, 2017, 05:19:02 PM
So close to my 1st landmark goal of $20K in crypto. I can almost taste it. :noah

(https://i.imgur.com/6W8LNXH.png)
Mco tomm should do it for you unless you pussied out huehuehue
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 05:22:00 PM
Still holding.

My portfolio did touch $20K very briefly before that correction hit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 12, 2017, 09:09:03 PM
https://www.youtube.com/watch?v=KTf5j9LDObk

this is unbelievable . what's the original video?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 09:15:44 PM
Oh yeah, if you haven't already joined this discord here's the referral link:
https://discord.gg/MTabwFZ

It'll help boost me up in the rankings and thus get me more inside scoops for me to share with you all.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 12, 2017, 10:02:19 PM
Oh yeah, if you haven't already joined this discord here's the referral link:
https://discord.gg/MTabwFZ

It'll help boost me up in the rankings and thus get me more inside scoops for me to share with you all.
will do.


where is a good place to buy iota ?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 12, 2017, 10:13:03 PM
Binance
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 12, 2017, 10:34:21 PM
LTC's starting to come down if anyone's looking to buy in
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 13, 2017, 12:32:43 AM
Can't decide if I want to hold my LTC longer or if I want to drop it and put the funds into meme...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 13, 2017, 01:03:38 AM
Meme seems risky. Just don't go all in to it.

Also, apparently Cryptoverter gives out much more (and better) signals to his sponsors.

Hopefully by Friday I'll have the funds to pay him (I do now but I want to hit my $20K goal first).
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 13, 2017, 12:57:01 PM
(https://i.imgur.com/INAdt1y.png)

https://www.youtube.com/watch?v=TKNvTvvlWOQ

Not completely out of the woods yet BUT getting there soon.

edit: I have 2/3 of my money back into BTC and 1/3 still in Monaco.

BTC's recent plummet has me a bit nervous but I think everything should be fine.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 13, 2017, 01:39:22 PM
Shit dude congrats. Was this thanks to MCO?

Yeah, some real carnage on BTC and LTC right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 13, 2017, 01:40:58 PM
Yep all MCO.

And I basically sold MCO back into BTC at the worst possible time. Oh well.  ::)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 13, 2017, 02:04:09 PM
Looks like it's recovering a bit. Interesting that LTC seems to follow BTC now rather than share an inverse relationship with it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 13, 2017, 02:05:10 PM
"LTC is the silver to BTC's gold" as they say.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 13, 2017, 03:09:40 PM
After doing some math, that BTC drop basically ate $1000 like it was nothing out of my $21,500+ portfolio balance.  :doge

edit: Took that screenshot when it started to drop.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on December 13, 2017, 03:35:08 PM
wow im so choked i couldn't get an account setup in time to buy ripple before the spike
i was literally looking to buy on december 10th
FUCK


on the bright side, Ether spiking  :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 13, 2017, 04:43:37 PM
 :trigger
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 13, 2017, 10:26:18 PM
MCO still going up. Jesus.

Kinda wish I still kept 2/3s of my money in it but I was getting kinda antsy with that much $$$ going up into space.  :doge

edit: probably gonna sell the rest of it except 50 or so just incase I want to get that MCO Ruby Steel card (https://mona.co/cards) sometime in the near future.

edit: And of course BTC begins to rise and MCO begins to fall. Ugh. It's like clockwork at this point.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 12:22:31 AM
Sucks watching from the sidelines. Still waiting for my money to clear my account.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 01:44:00 AM
And bittrex won't let me cancel a sell order...

It's probably getting hammered right now by large amounts of traffic or a DDoS attack of some kind.

Ugh... God I hate this shit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 14, 2017, 01:56:24 AM
Mine cancelled after maybe 10 minutes? Shit’s not good right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 02:08:52 AM
Cancelation got through.

Sold the rest of my MCO and now I'm completely in Bitcoin.

Gonna call it a night.

Thank goodness I was able to make some more profit instead of losing more due to technical errors.  :hhh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on December 14, 2017, 02:57:12 AM
posting itt to make fun of you guys later
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on December 14, 2017, 03:03:05 AM
I made a few bucks on litecoin and then put in the profit, but at 360, now its 320. Maybe I should sell at a loss and wait for it to tank.

Ideas?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 03:05:08 AM
Got out of MCO just in time. *whew*
 
Ahahahaha. Nothing but red. Wow.  :doge

(https://i.imgur.com/znxmdFg.png)

edit: Everyone assumed MCO was going to get listed on a good Korean exchange but it ended up being listed on some shitty ones and a bunch of people dumped.  :lol

Learning more, a whale basically accumulated all the way up and dumped a shit load worth of MCO. He was putting up some gnarly sell walls every so often to fuck with the weak handed peeps.

edit: Or it was just a good ol fashion panic sell.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 14, 2017, 03:37:37 AM
That was fuckin wild. I bought in around 108 so I’ll just hold for now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 03:45:09 AM
Yeah, looks like it is slowly recovering.

A huge sell off like that typically corrects unless there's something very very wrong.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 09:52:01 AM
Oof Litecoin. Please recover soon.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 14, 2017, 10:25:04 AM
Bittrex and GDAX
hows their verification process? i'm currently overseas and coinbase is taking forever to verify my ID
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 10:37:03 AM
It's relatively fast if you're a US resident/citizen (which I am).

Can't really speak for people outside of the US but it might take some time.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 10:40:42 AM
I'm Canadian. Bittrex verification took about 1 hour. I use Quadriga for buying LTC/BTC/ETH with CAD so I can't speak to GDAX.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 10:40:56 AM
Oof Litecoin. Please recover soon.
MACD and RSI aren't looking so hot on the hourly charts. It's gonna go bearish unless another crazy pump happens.
(https://i.imgur.com/HrXJCuP.png)

If you're planning on holding LTC long term I wouldn't worry.

If you're short on LTC time to move into something else.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 10:43:30 AM
I cashed out. Figure I can do some stuff with the profits I made in the meantime. Trying to decide what I want my next move to be.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 14, 2017, 10:47:24 AM
coinbase is on fucking overload for ID verification.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 10:49:53 AM
Oh yeah, you probably figured this by now but don't buy illegal substances with your coinbase account.  :doge

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 11:02:23 AM
Might buy some Ripple during this dip. If the rumors of it being added to Coinbase are true it could be huge.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 11:25:32 AM
Just make sure you have some stop losses set for Ripple.

If the rumors aren't true it'll plummet like MCO.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 12:04:40 PM
For sure. Just keeping my cash parked in BTC right now. I'll decide what I want to do tonight.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 14, 2017, 12:26:46 PM
Didn’t bittrex shit its pants on stop loss of mco last night?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 12:37:45 PM
It probably did.

Ideally you should have more than one stop loss just in case one of them doesn't get triggered.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 14, 2017, 01:50:26 PM
I wish I’d gone straight from LTC to ADA when I bought LTC at the dip yesterday.

That was my long term plan but I wanted to play ZEC (won there) and MCO (ehh) first.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 14, 2017, 03:54:36 PM
How many invites are you at Atra?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on December 14, 2017, 04:04:20 PM
SO have any of you nerds actually bought anything with this shit or does it all essentially just exist in the abstract
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 04:11:31 PM
I can and have easily withdrawn fiat I've generated from crypto.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 04:19:31 PM
Oh wait, are you asking if we've bought anything with the coins we're trading? :lol Who gives a fuck about any of that?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 04:22:52 PM
My thoughts exactly.  :sabu

At this point it's like asking someone why don't they buy food with some oil futures or gold.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 04:40:48 PM
How many invites are you at Atra?
175 invites thanks to me spamming 4chan with my invite link. Which I kinda wish I hadn't because now there's a bunch of dumbasses in the main-chat who don't know jackfuck about anything.

I'm already at the highest non-paid rank "master".

It's kinda paying off though since some of the Mods and Sponsor guys actually hang out in the master chat and don't talk like sugared up 13 y/o's with severe ADD. So that's cool.  :doge



I think I'm going to run with one more solid trade-signal from Cryptoverter and then I'll pay for the sponsor membership as well as cash out my initial investment of $6500 so I'm just playing with/risking nothing but my profits.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on December 14, 2017, 05:03:11 PM
Oh wait, are you asking if we've bought anything with the coins we're trading? :lol Who gives a fuck about any of that?

No I meant converting it into cash. How does that work? Admittedly it's been a while since I've looked into it but the hassle of turning crypto into 'real' money was a deterrent when I thought about getting into it a few years ago
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 14, 2017, 05:05:52 PM
Oh wait, are you asking if we've bought anything with the coins we're trading? :lol Who gives a fuck about any of that?

No I meant converting it into cash. How does that work? Admittedly it's been a while since I've looked into it but the hassle of turning crypto into 'real' money was a deterrent when I thought about getting into it a few years ago
Same doubts i went through bro and it cost me a fortune.

Knew all about bitcoin in 2009 when it launched, didn't bother mining it because i thought it was only for gaming freaks that used to spend real cash to buy online nonsense like battlestar ships in video games..... then it began to really climb up around 2012-2013, still didn't buy in because converting it to cash was a hassle.

I could have been retired.  >:(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 14, 2017, 05:30:45 PM
In my case: the way I will convert my crypto back into USD and move it to my credit union is through Coinbase since they have the routing number to my checking account.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 14, 2017, 05:51:21 PM
I wondered where all the bad opinions on main-chat came from. I haven’t been on chans in half a decade but that place really took to Libertarianism fast.

And yeah I don’t give two fucks about any of this beyond it’s ability to make me fiat. It’s fun, sure, in the same way sports betting and gambling are fun.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 14, 2017, 09:21:54 PM
Any good trade signals atm? I feel a bit aimless.
Edit: Having my money parked in BTC is still pretty sweet right now though.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 14, 2017, 09:28:24 PM
Made a boneheaded move and moved 1k from bc to ether and ltc :duh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 15, 2017, 10:33:33 PM
UH-OH  :doge

(https://i.imgur.com/AEzkR9Q.jpg?1)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on December 16, 2017, 12:09:13 AM
I assume you've done your calculations, if that's yours, but...  :noooo
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on December 16, 2017, 12:12:14 AM
Stealing electricity from work? Solid.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 16, 2017, 12:13:36 AM
It's not mine but the fact that computer part companies are starting to make products geared towards crypto mining makes me wonder if GPUs and CPUs are going to keep on climbing in price. Thus making PC gaming an even more expensive hobby.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on December 16, 2017, 12:33:15 AM
Yeah, doesn't spell great things for me further upgrading my PC. At least RAM might come down in a couple months once more facilities come online... Or maybe it won't and Samsung et al will just reap the rewards. :shaq2

Then again, I can probably pick up used cards in decent condition, since I thnink most miners undervolt their cards to keep temps down.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 16, 2017, 01:04:41 AM
Stealing electricity from work? Solid.

This would’ve been a solid plan at my last job where nobody would’ve paid the slightest bit of attention.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 16, 2017, 04:34:09 AM
THE MASTER HAS SPOKEN:
https://www.youtube.com/watch?v=7yN8wQ5c7uk
https://www.youtube.com/watch?v=kANR7NrPzSk

spoiler (click to show/hide)
(http://img.timeinc.net/time/magazine/archive/covers/1999/1101990215_400.jpg)
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 16, 2017, 04:39:04 AM
https://www.youtube.com/watch?v=NVP1nyJ157k

WOAH IF TRUE

Quote
nic c
6 months ago (edited)
I wouldn't trust Steemit as it has the vav vav vav (hebrew letters which look like three nail marks being torn down) and the number of this letter is 6, o 666, part of the beast system. I haven't heard about it up until now and still not 100% sure what it is but I won't be going there.
Quote
Christopher Vivace
6 months ago
BTC is a vampire stream to pull humanity further into the digital matrix. NWO-and BTC are the same frequency. Their both sigils. This is all part of the VR digital AI agenda. Your trading your analog reality into a digital one which is a prism dimension there's a threshold and crossing over that threshold you will be in the 4th digital dimension and loose access to your full awareness which is through the analog connection through nature. It takes a massive amount of awareness to see what's going on here many will get locked into this reality. There is a digital energy exchange that takes place through the supercomputer Bitcoin, Etherium etc to control how this digital reality will unfold and be controlled.

couldn't actually listen to this for my nuttery feed because i kept forgetting and thinking they were talking about Gabe's Steam :doge

spoiler (click to show/hide)
https://www.youtube.com/watch?v=zhaTvF-R6oA

WHOA IF ALSO TRUE
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 16, 2017, 10:18:27 AM
Of course BTC rockets while I'm asleep and all tied up in alts ::)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 16, 2017, 11:09:13 AM
They'll snap back up. Thankfully I'm only in one alt.

But god, it makes it so annoying to try and follow any sort of technical analysis with alts when BTC rips open the sky and goes for another all time high.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 16, 2017, 02:26:36 PM
Broke 19k  :whew
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on December 16, 2017, 05:39:45 PM
https://twitter.com/th3j35t3r/status/942120828358893568
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 16, 2017, 06:00:30 PM
god damnit ADA I don't know what to do with you right now

bought around 600 and feel like it's gonna dump soon and I should sell and rebuy but it just keeps going even despite btc going
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 18, 2017, 09:09:14 AM
Ooooh yeah. Here we go bitcoin cash
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 18, 2017, 02:09:22 PM
Riding up on Litecoin and Dash currently.

If this run goes well I might have more than 1.5 BTC in my bittrex account by tomorrow. 2 BTC would be amazing but I'm fine with taking things slow and steady now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 18, 2017, 03:20:50 PM
I got out at BCC's peak and made some good gains. Trying to decide which alt to move to next.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 19, 2017, 12:26:26 AM
https://t.me/WhalePump

^ Seems like a good source of free signals.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 19, 2017, 01:06:47 PM
Verge  :rejoice

Thinking this might be a legit-ass HODL
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 19, 2017, 02:40:13 PM
goddamn coinbase. i bought with an ACH and now it's not going to clear for a few more days? But it does execute at the price i bought at correct?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 03:26:45 PM
I believe so.

It's been a while since I've used coinbase for buying new crypto coins.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 05:31:49 PM
(https://i.imgur.com/uRY2G0S.jpg)

(https://i.imgur.com/CNtE9Iv.png)

Bitcoin taking a nice big dump. Thank goodness I'm mostly in alts.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on December 19, 2017, 05:37:11 PM
When are you going to be rich enough to employ me tho?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 05:44:03 PM
If I become so rich that I need employees then that's too rich for me.  :doge



http://boards.4chan.org/biz/thread/5228066

god, I love /biz/  :doge

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 07:11:21 PM
BITCOIN CASH ON COINBASE WTF  :doge

https://twitter.com/coinbase/status/943270201058922496
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 19, 2017, 07:32:07 PM
Shoulda hodl'd my BCC  :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 19, 2017, 07:37:03 PM
Alts are being savaged :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 08:01:26 PM
BITTREX AM KILL

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

(https://i.imgur.com/PwgbwIn.png)

edit: Everything is going to shit because of 1 coin and 1 coin only. Bitcoin Cash. :noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 19, 2017, 08:11:11 PM
Bittrex is fucked, but I managed to sneak in another cheap Ripple order.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 08:24:29 PM
Okay, so things aren't too bad.

Was able to buy some BCH/BCC on bittrex at 0.18871 sats before Bittrex shit the bed. I'm holding this sucker for as long as possible.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 08:48:24 PM
(https://i.imgur.com/0Z477fa.png)

Jesus Christ.

Fix your shit, Bittrex.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 19, 2017, 09:01:32 PM
Coinbase single handedly fucking the market  :neogaf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 09:03:48 PM
(https://i.imgur.com/76iSwx9.png)

LOOK AT THE SIZE OF THAT SELL WALL HOLY CHRIST  :doge

Probably fake but yeesh.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 19, 2017, 10:54:08 PM
(https://i.imgur.com/tMqp5xh.png)

If Bitcoin Cash moons again I'll have 2 BTC by the end of this week. If not...

1 Bitcoin is fine too.  :doge

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 20, 2017, 09:16:22 AM
I bought a ton of Verge before bed last night...

(https://media1.tenor.com/images/8338db2e6d9e41c4ea9988128b4c891a/tenor.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 20, 2017, 09:18:24 AM
Should've held some when toku told me about it months ago in a PM  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 20, 2017, 09:22:06 AM
Is toku John Mcafee?  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 20, 2017, 12:22:22 PM
Praying that Bitcoin Cash and Siacoin don't brutally butt fuck me.  :doge

So far so good...
(https://i.imgur.com/RaGOVyH.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 20, 2017, 12:23:42 PM
Siacoin please...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on December 20, 2017, 12:53:07 PM
>when you have a mining rig and bought in when ether was at ~$330
 :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on December 20, 2017, 12:56:46 PM
Bch   :rejoice

Damn Atra, get that money son!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on December 20, 2017, 02:23:45 PM
https://twitter.com/HeatStreetMag/status/942853046027071488

Is toku John Mcafee?  :doge

(https://i.imgur.com/74gB931.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 20, 2017, 03:21:05 PM
Holy shit Verge. You beautiful bastard.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 20, 2017, 04:32:25 PM
I got out of BCC and accidentally sold Siacoin prematurely when I was fiddling around with Bittrex's sell orders....


I bought back into Siacoin but fuck... today is not my day.  :-\

No major losses but missing out on some nice fat profits sucks.

edit: Should've stayed in NXT as well. God, I have knack for missing out on moon missions.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 20, 2017, 04:47:12 PM
I too bailed on NXT at break even last night, but I used the sats to buy more Verge so...

And I've fucked up sell orders on Bittrex before too. Accidentally add an extra 0 behind the decimal and whoops! Just sold everything!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 20, 2017, 08:22:59 PM
Now my Ripple's running. What a day.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on December 20, 2017, 10:14:23 PM
ripple and cardano
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 20, 2017, 10:52:41 PM
Having bought into ADA at 620 sats.  :rejoice

Wishing I’d put in about 1k more at that point  :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 10:16:30 AM
I think bitcoin might be going into a bear market...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 10:30:22 AM
Yeah. It took another shit today.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 10:48:02 AM
http://yetanotherico.com  :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 11:00:12 AM
Oof. Serious alt carnage today.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 11:09:23 AM
Siacoin went right back down to where I bought it...  :-\
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 11:19:01 AM
Alts look like they could be in recovery mode now. What price did you buy SC?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 11:25:22 AM
I had originally bought SC around 129 sats.

But I rebought at 155 sats after I accidentally sold it all while trying to set up a stop loss on Bittrex.  :-\



(https://i.imgur.com/jHh362U.png)

Bless this man.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 11:27:59 AM
I'm just going to set stop losses and sit tight in my alts. If I keep looking at the portfolio savagery I'll probably make a dumb trade decision.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 11:50:11 AM
SC going back up (for now).  :noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 11:53:53 AM
:whew That was a bumpy ride. Everything seems to be just about where it was this morning now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 01:22:34 PM
TFW when the BTC value of your altcoin is going up but the USD value of it is going down.  :goty
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 03:49:01 PM
So... basically as long as the top green candle stays fat and green we're good.

If it goes flat and turns red hold.

If the new or current candle turns fat and red time to gtfo or hold if you're ballsy.  :doge

(https://i.imgur.com/7v3GXOE.png)

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 05:37:02 PM
TFW when the BTC value of your altcoin is going up but the USD value of it is going down.  :goty

(https://i.imgur.com/tMqp5xh.png)

If Bitcoin Cash moons again I'll have 2 BTC by the end of this week. If not...

1 Bitcoin is fine too.  :doge
The absolute state of crypto:
(https://i.imgur.com/Xxe7tNO.png)

 :trumps  :goty2

edit: I had over $30K when I woke up this morning just to explain why I'm a bit bummed.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 09:49:13 PM
The song that's playing in my head right now:

https://www.youtube.com/watch?v=04F4xlWSFh0
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 10:16:24 PM
Siacoin's buy wall is pretty much the only thing that isn't making me lose my shit right now.  :doge

(https://i.imgur.com/KTfEOxI.png?1)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 10:30:17 PM
Hoooooooooooo boy. It's a bloodbath right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 10:35:48 PM
BTC will probably hitc $12K usd at this rate.

And if it goes below $10K then shit is really really fucked.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 10:36:29 PM
Are you bailing out of all alt positions? I'm tempted to..
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 10:39:36 PM
I'm all in on Siacoin.

I'm not selling unless my USD value goes below $10K. It's at ~$18,700 currently.  :doge

edit: TBH, I'm glad I have so much profit to shield my initial investment. If I was just starting out right now I would be shitting myself.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 10:42:18 PM
BTC will bounce back eventually. I'm more worried bout my BTC value tbh.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 10:50:58 PM
130 SC

:stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: recursivelyenumerable on December 21, 2017, 10:58:18 PM
shorting bitcoin is the new bitcoin
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 11:05:37 PM
(https://i.imgur.com/U9N7iud.png)

I think BTC could start climbing up again pretty soon. Look at each RSI dip and red candle with a large wick at the bottom.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 21, 2017, 11:55:51 PM
Dropped Ripple because I don't think it can go much higher with its current market cap. Not for now.

Bought more SC... Fuck I hope this pays off.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 21, 2017, 11:57:18 PM
I have faith in our fearless leader CV. :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 12:29:42 AM
I bet once Siacoin moons I'll be able to afford this Acura:
(https://i.imgur.com/SSSDTNR.jpg?1)

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 01:06:26 AM
Welp. Going to bed and hoping my SC stop loss doesn't trigger. Will have to make up a lot of lost ground if it does :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 01:12:56 AM
What's it set at just out of curiosity?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 01:13:51 AM
125. How about you?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 01:17:04 AM
100

I don't want to be too close to the price action just in case it snaps down and then back up again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 01:18:33 AM
True yeah, makes sense. I might drop that bit. Hoping for a Christmas miracle tomorrow!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 02:11:35 AM
I'm thinking if BTC actually gets close to $10K usd I'll buy some more with my Christmas bonus.  :doge

edit: Also... forget stop losses. I'm just not going to sleep tonight.  :goty2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: recursivelyenumerable on December 22, 2017, 03:26:19 AM
(https://i.imgur.com/U9N7iud.png)

I think BTC could start climbing up again pretty soon. Look at each RSI dip and red candle with a large wick at the bottom.

all the normies who got into bitcoin because it's "a thing that only goes up in price" are getting out once they get their first taste of a downtown that lasts more than like a week, and they're not coming back anytime soon. I see it falling to 11k at the very least (most) and not coming back up for a while, if ever.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 03:35:19 AM
I also looked back on the Dec 2016/Jan 2017 stretch of Bitcoin.

It dumped early January of 2017 and of course steadily climbed all throughout this year.

So that has me somewhat optimistic for 2018 assuming we don't get hit by a solar flare or something.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 05:07:03 AM
Another cool resource to see how red the crypto market is at the moment.

http://cryptomaps.org/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: jorma on December 22, 2017, 05:14:37 AM
(https://i.imgur.com/U9N7iud.png)

I think BTC could start climbing up again pretty soon. Look at each RSI dip and red candle with a large wick at the bottom.

all the normies who got into bitcoin because it's "a thing that only goes up in price" are getting out once they get their first taste of a downtown that lasts more than like a week, and they're not coming back anytime soon. I see it falling to 11k at the very least (most) and not coming back up for a while, if ever.

BTC should be safer compared to all the random startups since a lot of people actually use bitcoin to buy stuff you can't buy with.. uh.. regular money.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TVC15 on December 22, 2017, 05:29:34 AM
I'm all in on Siacoin.

I'm not selling unless my USD value goes below $10K. It's at ~$18,700 currently.  :doge

edit: TBH, I'm glad I have so much profit to shield my initial investment. If I was just starting out right now I would be shitting myself.

How much was your initial investment?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 05:31:00 AM
About $6500.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 09:10:58 AM
Bitcoin well on its way to $10K. *whew*  :doge

edit: I think the fact that siacoin isn't plummeting down into hell is a clear sign that it's gonna moon.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 10:03:36 AM
Fuck I hope so man. It's doing everything it can to stay up there.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on December 22, 2017, 10:05:49 AM
Is this the time to invest a 100 bucks?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 10:16:55 AM
*pssh* a hundred bucks.

Throw that in litecoin.

If you're dealing with bitcoin you better be willing to dump a few grand to get anything meaningful out of it. Unless you're planning on buying cheap alts and keep on 2x'ing that $100 until it turns into a thousand and so on.



In other news, I still have more than double my initial investment despite all the carnage.

edit: Also, I'm hoping bitcoin stabilizes and just goes sideways for a couple of days so I can at least keep on making more money off of alts. These wild up and down swings just freeze or crash alts.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 10:42:39 AM
(https://i.imgur.com/Z5IkUe6.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 22, 2017, 10:46:39 AM
this is what i posted 2 days ago in Atra's crypto gang discord in  the super exclusive plat chat. Fortunately i'm greedy as fuck and don't act up on my instincts.

"
December 20, 2017
warcock - Last Wednesday at 2:13 PM
Yall concerned if btc goes down signficantly that may result in a panic capital flight from crypto in general??"

Fuck coinbase, those manipulative fucking cunts.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 10:52:33 AM
I saw that bitcoin was losing momentum around $19K which is part of the reason why I went all into alts

Just didn't think this dip was going to be so red, long, and bloody.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 22, 2017, 10:57:54 AM
Yeah it's been stagnating but slowly, what catalyzed the whole shit in my opinion is the weird BCC coinbase launch. Felt like too much manipulation and whale action was going on, little plebs probably trying to get into the swing action sold off their btc. Got burnt on BCC, saw btc tumbling probably bailed the fuck out. Of course that's highly speculative alot more has been going on, but fuck coinbase.

Ended up weak handing alot of NXT that i was holding cause of this whole crash. so mad
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 11:01:41 AM
The insider trading/manipulation that happens is pretty sickening overall. Like...

This happens: https://www.investopedia.com/news/bitcoincom-cofounder-dumps-bitcoin-bitcoin-cash/

Then a handful of hours later this happens: https://twitter.com/coinbase/status/943270201058922496


Give me a fucking break.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 11:02:13 AM
Yeah it's been stagnating but slowly, what catalyzed the whole shit in my opinion is the weird BCC coinbase launch. Felt like too much manipulation and whale action was going on, little plebs probably trying to get into the swing action sold off their btc. Got burnt on BCC, saw btc tumbling probably bailed the fuck out. Of course that's highly speculative alot more has been going on, but fuck coinbase.

Ended up weak handing alot of NXT that i was holding cause of this whole crash. so mad
Just remember: In crypto, 30% dips are the norm.

edit: Clarification: 30% dips are the norm when bitcoin moves up very fast or down very fast.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: jorma on December 22, 2017, 11:18:06 AM
Yeah it's been stagnating but slowly, what catalyzed the whole shit in my opinion is the weird BCC coinbase launch. Felt like too much manipulation and whale action was going on, little plebs probably trying to get into the swing action sold off their btc. Got burnt on BCC, saw btc tumbling probably bailed the fuck out. Of course that's highly speculative alot more has been going on, but fuck coinbase.

Ended up weak handing alot of NXT that i was holding cause of this whole crash. so mad
Just remember: In crypto, 30% dips are the norm.

In crypto, and in dutch tulips :)



Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on December 22, 2017, 11:18:26 AM
Yeah it's been stagnating but slowly, what catalyzed the whole shit in my opinion is the weird BCC coinbase launch. Felt like too much manipulation and whale action was going on, little plebs probably trying to get into the swing action sold off their btc. Got burnt on BCC, saw btc tumbling probably bailed the fuck out. Of course that's highly speculative alot more has been going on, but fuck coinbase.

Ended up weak handing alot of NXT that i was holding cause of this whole crash. so mad
Just remember: In crypto, 30% dips are the norm.

yeah , inexperience is showing
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 11:55:45 AM
Man, it's been a long long time since I've been excited for Christmas.  :doge

Please have a really juicy bit of news, Siacoin team. 

Amazon Partnership? Google Partnership? oh pls oh pls oh pls :noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on December 22, 2017, 12:06:01 PM
https://twitter.com/_tm3k/status/944111529019965441
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 02:10:35 PM
https://chrome.google.com/webstore/detail/bittrex-enhanced/opefelljddckamffnphohkknfgbdnham?hl=en-US

Found another useful tool. A google chrome extension for Bittrex.

It swaps out the default candle charts (which are slow and not accurate most of the time) with TradingView's and it shows the USD values of each coin on the market page and elsewhere.

Pretty neat but Bittrex really needs an overhaul on its UI/UX.
The fact that I need to open a second window or scroll down to see the order book for a coin is ridiculous. They should have it all in one spot like GDAX and Binance.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: HardcoreRetro on December 22, 2017, 03:10:06 PM
More like Shitcoin.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on December 22, 2017, 03:21:00 PM
(https://i.imgur.com/VIVvte3.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 05:28:11 PM
Verge! I love you!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 05:36:39 PM
Dipped out on Verge. Tripled my money off that amazing coin.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 22, 2017, 06:57:59 PM
Bought more SC.... Heaven help me.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Bamelin on December 22, 2017, 08:38:19 PM
An update:

I ended up with 15 LTC bought at 68 a coin.  Sold it all for 83 a coin and went all in with Crypto20, an index fund for top 20 Crypto.

https://crypto20.com/en/

Bummed I missed the LTC rocket by a week or so, however, I have high hopes for this fund.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 08:58:29 PM
Hope it works out for yah.

(At a friend's house right now about to take salvia for first time so I won't be doing much crypto stuff tonight  :doge )
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on December 22, 2017, 09:02:10 PM
https://twitter.com/notfolu/status/944265983077863424

Hope it works out for yah.

(At a friend's house right now about to take salvia for first time so I won't be doing much crypto stuff tonight  :doge )

bring me back some inspiration, a vision, a path
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 22, 2017, 10:24:40 PM
Just got done.

HOLY
FUCK

Toku, remember to ask me for my phone number so I can verbally tell you what I... experienced.  :leon  :doge

Maybe record it so the rest of the Bore can hear it too.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on December 22, 2017, 10:58:55 PM
salvia is a trip. I have some strong shit I’ve had forever because whoa dude
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 23, 2017, 01:29:49 AM
Bought more SC on the flash dip.... I'm in so deep man. Please let this pay off.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 23, 2017, 10:52:57 AM
Passing on buying xvg at 320 sats was a dumb call
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 23, 2017, 11:02:35 AM
Selling XVG at 980 was also a not so great call, but I bought at 300 so whatever.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Momo on December 23, 2017, 11:42:07 AM
Just got done.

HOLY
FUCK

Toku, remember to ask me for my phone number so I can verbally tell you what I... experienced.  :leon  :doge

Maybe record it so the rest of the Bore can hear it too.
i wanna know :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 23, 2017, 11:51:47 AM
I have some audio equipment at my brother's house. Maybe I'll record my salvia testimonial there and upload it to some audio sharing site.  :doge

Also, my portfolio is currently worth 1.98 BTC :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 23, 2017, 11:57:53 AM
SC :) :)
edit: xvg continues to cuck me :(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 24, 2017, 07:11:10 PM
Siacoin going up.

(https://i.imgur.com/yDbTN1M.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 25, 2017, 10:44:24 AM
Mcafees shit caused SC to flash dump and hit my stop loss. Now back on at a weaker position  :maf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 25, 2017, 12:02:47 PM
Probably should've taken some profits at around 270 but... I didn't.  :doge

CV seems to think Siacoin will reach 300 by the end of this week but I dunno. Maybe.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 25, 2017, 12:52:09 PM
I'm getting less confident in this coin yeah. I feel like I could be doing more with this btc just jumping on signals and taking quick 10-15% gains. a might dip out.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 25, 2017, 02:08:19 PM
In the process of selling 2.2 BTC of my Siacoin.

Going to let the rest stay in and not worry if it goes up or down. Siacoin could have a ton of potential in the future.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 25, 2017, 02:30:04 PM
I've got a small amount of burst and a small amount of sia for holding rn, and I'm going to use the rest for fast 10-15% gains.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 25, 2017, 02:34:07 PM
Also, I've been pondering the notion of creating some kind of alt coin index fund once In done trading.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on December 25, 2017, 02:58:37 PM
no need to panic brehs
 :success
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 25, 2017, 03:45:16 PM
(https://i.imgur.com/dbZwxaK.png?1)

Acceptable Gains. Not mind blowing but I'll take what I can get.  :doge

spoiler (click to show/hide)
When I was opening gifts with the fam I had 2.7 BTC for a split second...  :doge
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 25, 2017, 09:57:59 PM
Guy from the premium chat:

(https://images-ext-2.discordapp.net/external/CvZKyoy4ysGAPXN2yMJGBjSh_mImN_fpzhdNldDhPaw/https/cdn.discordapp.com/attachments/387729223814742016/394894182600278016/xvg_gains.PNG?width=1440&height=126)

(https://media.giphy.com/media/4OowbIsmYHbpu/giphy.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on December 25, 2017, 10:09:27 PM
Is there a listing of all the cryptocurrencies out there?

What's the difference between Bitcoin and Bitcoin Cash?

Thought about putting some money in for the hell of it.  Not expecting to make any money and if I lose everything, it wouldn't be a big deal.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 26, 2017, 11:19:23 AM
Looks like I got out of alts and back into bitcoin at the right time.

Segwit2x is (allegedly) happening the 28th.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 26, 2017, 11:35:17 AM
Is there a listing of all the cryptocurrencies out there?

What's the difference between Bitcoin and Bitcoin Cash?

Thought about putting some money in for the hell of it.  Not expecting to make any money and if I lose everything, it wouldn't be a big deal.
There's probably an article you could read about the differences but bitcoin cash is a fork of bitcoin that has slightly faster transfer speeds. But there's already coins with faster transfer speeds than bitcoin cash so... it's kinda just riding on bitcoin's coattails at the moment.

If you're not planning on actively trading then just split that money amongst bitcoin, ethereum, and litecoin. Or other coins that seem to have long term potential.

I myself am really not in this for the long term hence why I'm trading. My goal is to have over $500K in crypto earnings before the end of next year. And then I might start investing in mobile homes and other recession proof investments since I feel another recession on the horizon.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 26, 2017, 01:02:09 PM
I have the uncanny ability of going from 100% btc to deep into alts 20 minutes before BTC decides to fuck everything up. This is the second time.



Fuck I hate BTC.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on December 26, 2017, 02:03:37 PM
https://twitter.com/WakaFlocka/status/944305320695926784
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on December 26, 2017, 09:57:17 PM
If you're not planning on actively trading then just split that money amongst bitcoin, ethereum, and litecoin. Or other coins that seem to have long term potential.

Thanks, I'll do that.  I figured I would get those three plus a Monero coin to start off with.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: FreeNudeLyleLanley on December 26, 2017, 10:20:17 PM
I myself am really not in this for the long term hence why I'm trading. My goal is to have over $500K in crypto earnings before the end of next year. And then I might start investing in mobile homes and other recession proof investments since I feel another recession on the horizon.  :doge
Oh, just $500k?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 26, 2017, 10:32:44 PM
I know right. Too low.

I should aim for $1million. :trumps
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on December 27, 2017, 08:33:22 PM
http://www.bittwenty.com/homepage.php

Considering getting into this and walking away. It's an index fund for crypto.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on December 28, 2017, 11:55:34 AM
Since bittrex isn't allowing new users at this point, what exchange is safe/reputable outside of coinbase?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on December 28, 2017, 10:58:01 PM
Made some purchases.  Now watch the prices on cryptocurrency crash now that I'm involved in it :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CurseoftheGods on December 29, 2017, 12:55:46 PM
lol verge is a dead coin

people that want quick gains should invest into XRP

if new people were getting into the game I would advise them to invest to XRP/XRB/Neo
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on December 29, 2017, 08:51:18 PM
Very happy I moved my not ada assets to xlm earlier
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on December 29, 2017, 09:22:08 PM
Yo OWM, what service did you use to throw money down the drain
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on December 29, 2017, 11:01:16 PM
goddamnit
i wanted to buy a shitton of ripple last month when it was $0.25 but my account wasn't set up and now it's fucking $2.00
 :stop
RIP those gains

at least I still have my ether rig
 :trumps
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on December 30, 2017, 11:50:57 AM
jesus ripplllle. my brother just made 10k
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Baiano19 on December 31, 2017, 08:58:28 AM
I decided to stop investing in crypto. I made some money and even left some positions there, but I think the price we are paying now is not real and heavily manipulated/ overpriced.

The market is trying to correct itself, but you can see that "somethig" is stopping it from doing it.

That something is tether.

https://medium.com/@bitfinexed/the-bitfinex-dilemma-blow-up-now-or-try-a-hail-mary-to-retain-in-business-10b9d989359f

I still own Bitcoin and some alts, but when you see a token like XRP (lol my phone autocorrected it by crap, wtf) in second place then you know something is wrong.

I will probably lose a lot of opportunities, but the original idea of preserving my patrimony from the Government is gone.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 31, 2017, 01:48:28 PM
http://boards.4chan.org/biz/thread/5683095
http://boards.4chan.org/biz/thread/5683095#p5683301

The absolute state of crypto  :doge



Anyways, put a good chunk of my portfolio into Burst as a long term hold.

CV says it'll 3x or 5x. I'm skeptical of that but we shall see.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on December 31, 2017, 05:49:23 PM
http://boards.4chan.org/biz/thread/5683095
http://boards.4chan.org/biz/thread/5683095#p5683301

The absolute state of crypto  :doge



Anyways, put a good chunk of my portfolio into Burst as a long term hold.

CV says it'll 3x or 5x. I'm skeptical of that but we shall see.
links are dead, what did they say?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 31, 2017, 05:50:37 PM
I took some screenshots on my phone.

I'll upload them in a sec.



Here they are:
(https://i.imgur.com/7AP1vh7.png?1)

(https://i.imgur.com/9qQ0240.png?1)

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on December 31, 2017, 07:20:52 PM
https://www.youtube.com/watch?v=q5VCq3pX3ys

https://www.youtube.com/watch?v=1N9eGrC4y1g
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on January 01, 2018, 03:51:05 PM
Ardor’s hard fork should be coming up on bittrex today. Lot of room to grow for that coin.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 01, 2018, 07:22:45 PM
https://www.reddit.com/r/MetalPay/comments/7nansl/metal_pay_demo/?st=JBVG5XBA&sh=d4176761
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 01, 2018, 08:36:13 PM
(https://i.imgur.com/dbZwxaK.png?1)

Acceptable Gains. Not mind blowing but I'll take what I can get.  :doge

spoiler (click to show/hide)
When I was opening gifts with the fam I had 2.7 BTC for a split second...  :doge
[close]

(https://i.imgur.com/tNPcNxY.png)

Steem and Burst are gonna get me to 3 BTC town. :rejoice

I would buy Metal as well but I don't like being in more than two alts at a time. Very stressful.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on January 01, 2018, 09:15:11 PM
What do you use to do those exchanges, Atramental?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 01, 2018, 09:18:38 PM
You mean how am I buying these alts?

Or which crypto exchange I'm using? (Bittrex)

Or something else?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on January 01, 2018, 09:34:00 PM
You mean how am I buying these alts?

Or which crypto exchange I'm using? (Bittrex)

Or something else?

It was what exchange you were using.  Thanks!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 01, 2018, 10:03:27 PM
You guys remember when I was losing my shit over Crypto Kitties slowing down Ethereum transfer speeds?

Now there's this...

 :nsfw

spoiler (click to show/hide)
https://i.imgur.com/IWsT3M0.jpg
[close]

 :hhh :trigger
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 12:26:29 AM
(https://i.imgur.com/dbZwxaK.png?1)

Acceptable Gains. Not mind blowing but I'll take what I can get.  :doge

spoiler (click to show/hide)
When I was opening gifts with the fam I had 2.7 BTC for a split second...  :doge
[close]

(https://i.imgur.com/tNPcNxY.png)

Steem and Burst are gonna get me to 3 BTC town. :rejoice

I would buy Metal as well but I don't like being in more than two alts at a time. Very stressful.  :doge
(https://i.imgur.com/VSn4Hm9.png)

(https://i.imgur.com/v3iE1Ka.gif)

edit: hit 3 BTC for a second but Steem is looking like it could keep on going up for a while.

Sorry, only registered users can see this content. Please Login or Register.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 02, 2018, 12:44:01 AM
remember me when you hit it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: FreeNudeLyleLanley on January 02, 2018, 10:29:50 AM
I'd be sketched out about posting that kind of info right now. But congrats.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 10:55:34 AM
I'd be sketched out about posting that kind of info right now. But congrats.
Indeed.

Part of the reason why I'm posting my "insane" gains is show that a financial dummy, like myself, can make money in this market. And thus inspire others to hop on this money train while it lasts.

spoiler (click to show/hide)
The other reason is to brag/feel good about myself.  :doge
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on January 02, 2018, 12:14:37 PM
Quote
On Sept. 12, someone bought 18.8 Ethereum worth of Jesus Coin, transaction records show. The purchase was worth approximately $5,640 at the time. 18.8 Ethereum, as of Wednesday, is worth nearly $16,000. (https://www.thedailybeast.com/joke-cryptocurrencies-like-jesus-coin-are-making-serious-money)

Just waiting for this to pay off...

(https://i.imgur.com/9m1pKDa.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 01:33:47 PM
BTC is back. My poor alts. :noah

edit: so much for being close to 3 BTC...  :goty2

edit2: I've seen this play out hundreds of times yet I still get caught in it.

-A bunch of alts have bullruns
-Then they slowdown due to people taking profits
-BTC begins to twitch up and the *BOOM* it skyrockets due to everyone dumping their alt profits into it

edit3: I was able to get most of my portfolio back into BTC before it exploded. 1/3 of it is just fucksville at the moment.

My USD value is pretty good considering what's happening.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 02, 2018, 02:43:12 PM
I've been through this so many times, but it's still nerve racking... :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 02, 2018, 02:49:45 PM
i wanna be rich 2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 02, 2018, 03:44:36 PM
Let's be real, only Atra's going to get there.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 02, 2018, 03:59:17 PM
so you can't make an account at bittrex since dec 15? what kind of joke is this?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 04:21:20 PM
Yep. Bittrex's servers can't handle the traffic/demand.

I got an account on there months before the mainstream media hype started building about cryptocurrencies.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 02, 2018, 04:24:31 PM
what are the chances monero or ripple hit coinbase this year?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 04:33:47 PM
I wouldn't bet my life on either getting onto coinbase. Especially after Bitcoin Cash ended up on there...

But if I had to make a wild "educated guess" I would give ripple a 25 to 35% chance. Monero a 1 to 5% since it has too much "dirt" on it due to it being associated with the gray & black market/the darknet.

XLM might be a potential coin that could end up on there. (kinda wish I held onto some since it keeps on getting more media attention). But again, I wouldn't bet my life on that.

edit: BAT might be another potential contender but... again wouldn't seriously bet on that either.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 05:09:46 PM
If things don't go crazy again I might get close again to the $40K range.

I had some money in MCO and that was what took the heaviest loss since I bought relatively high.

So I just doubled down on my MCO investment on the big dip and put a sell order right where I had initially bought it at.

I might end up using the strategy more and more since BTC isn't going away anytime soon...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zepblackstar on January 02, 2018, 05:51:33 PM
You mean how am I buying these alts?

Or which crypto exchange I'm using? (Bittrex)

Or something else?

got Binance and so far so good with alt-coins

gemini for bitcoin and ether because of the instant no free credit when doing a debit buy.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 06:24:50 PM
Argh...

Should've held most of my Steem but instead I sold a good chunk of it before the BTC spike and didn't buy back in. And of course, it recovered in record time.

MCO is still down in the gutter...

edit: I still don't understand what is causing steem to be so bullish.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 02, 2018, 07:32:17 PM
Everything dropping again. You might be able to get back in. I've just been holding onto everything today and hoping for the best.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Beezy on January 02, 2018, 08:03:46 PM
Atra, how much have you put into this?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 02, 2018, 08:45:29 PM
My initial investment was about $6500 or $7000 USD.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Beezy on January 02, 2018, 09:39:09 PM
impressive
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 03, 2018, 02:45:38 PM
Well I guess I'm in now.

Was just holding some lite coin in coin base.

But now I've transfered some to binance.

I'm not gunna spend all day trading, but any alt coins I should keep an eye on?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 03, 2018, 03:08:58 PM
I was going to say Burst and RLC but they're not on Binance.

edit: IOTA
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on January 03, 2018, 03:24:57 PM
Ether at $930 USD hnnnnnnnng
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 03, 2018, 09:25:25 PM
Somehow the only coins not soaring today are the ones I'm in :'(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 03, 2018, 10:15:43 PM
MCO sure has a knack for giving me heavy bags.  :doge

edit: https://www.tradingview.com/ideas/mco/

The meme lines give me hope that'll pump in the near future.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 03, 2018, 10:58:16 PM
https://www.youtube.com/watch?v=qe1v_WxIPMw

BRASS
A
L
L
S

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 04, 2018, 01:25:36 AM
Video posted on Dec 28. That guy made a killing  :whew
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 04, 2018, 10:01:43 AM
Speaking of making a killing:
http://bitcoinist.com/ripple-co-founder-worlds-richest-person/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 04, 2018, 12:15:02 PM
Also, I think in a week or two I'll hit my target of $50K and then I'm going radio silent about my gains.

Shit is going to get really interesting after that point.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 04, 2018, 01:46:26 PM
I feel another BTC run coming...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 04, 2018, 02:56:31 PM
Today is volatile as fuck. Damn.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 05, 2018, 11:46:19 AM
BTC destroying my alt gains again.  :stahp

Everytime I get close to my 3 BTC goal for my portfolio Bitcoin just rockets and knocks it down 2.5 BTC
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 05, 2018, 12:26:33 PM
Time to buy more alts then.

Waiting for my Coinbase coins to clear before I can transfer. Damn it takes forever
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 05, 2018, 12:42:14 PM
I did. They're going lower and lower.  :mindblown :noah :brazilcry

I'm going to be holding bags for weeks.  :-\

edit: Note-to-self: Don't touch MCO ever again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 05, 2018, 02:32:37 PM
(https://i.imgur.com/ZyY9Sem.gif)

I think things are starting to slowly recover but holy shit.  :doge

edit: BITCOIN STAHP JESUS FUCK!  :brazilcry
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 05, 2018, 04:52:21 PM
Time to go back to lottery tickets? :doge

spoiler (click to show/hide)
I bought one today  :-[
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 05, 2018, 05:03:10 PM
I still have over $40K I'm just mad that I don't have over $50K if I just dumped my alt gains back into BTC before it decided to nuke everything.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on January 05, 2018, 08:47:58 PM
fuck btc
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 06, 2018, 11:38:16 AM
Burst going crazy. Are you rich now Atra?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 06, 2018, 11:51:36 AM
(https://i.imgur.com/QUA5vtw.png)

https://www.youtube.com/watch?v=-D6USHQMFDE

 :ego

edit: And this is despite MCO and STEEM taking a dump. SIA and BURST pulled my ass out of the fire.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 06, 2018, 01:01:29 PM
Meanwhile I sold my Burst last night at 600 because Bitcoin has me shook :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 06, 2018, 03:33:41 PM
http://boards.4chan.org/biz/thread/5966867

Ohhhh man.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zepblackstar on January 06, 2018, 10:41:36 PM
http://boards.4chan.org/biz/thread/5966867

Ohhhh man.

least I got  $200 out of it. Most of these altcoins are pump and dumps which is fine if you realize it and have a stop loss limit sell on it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 07, 2018, 11:53:41 AM
MCO recovering like nothing happened.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 07, 2018, 02:07:22 PM
#prayers4steem
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 07, 2018, 02:26:11 PM
Silly me bought more steem a couple of days ago when it was 0.00046396 sats thinking it was the extent of the dip.  :doge

Thankfully, it looks like it's on the verge of spiking up soon.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 07, 2018, 02:35:32 PM
^ Exact same position as me. Thought I was savvy buying a dip.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 07, 2018, 07:35:28 PM
Has anyone here cashed out a large sum of their crypto gains yet? Like north of $5000?
How did you go about it?  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 08, 2018, 01:07:33 AM
https://webmshare.com/play/5EYMv
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 08, 2018, 01:13:38 AM
Has anyone here cashed out a large sum of their crypto gains yet? Like north of $5000?
How did you go about it?  :doge

I did before the year's end. Cashed out 3k in bitcoin and 2k in ether. I had it wired to my bank account. Coinbase.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 08, 2018, 01:19:48 AM
I assume there was some sort of fee for cashing out?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 08, 2018, 01:27:34 AM
I assume there was some sort of fee for cashing out?

Yeah it's like $15 per every $1,000
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 08, 2018, 01:31:53 AM
Cool. Just wanted to make sure it wasn't $100 per a thousand or something stupid like that.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 08, 2018, 01:39:01 AM
Cool. Just wanted to make sure it wasn't $100 per a thousand or something stupid like that.  :doge

No, it's fairly reasonable, and the value is locked at the time of transfer. Bank wires take up to five days to go through, debit card I think it tales one day.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: demi on January 08, 2018, 09:14:14 AM
I hope you arent flaunting to family and friends you've got 50k stashed away somewhere. That's when the knives come out
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 08, 2018, 09:44:20 AM
Prob not 50k anymore?

Everything seems way down
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 08, 2018, 09:48:56 AM
https://www.reddit.com/r/CryptoCurrency/comments/7oxivj/cmc_just_tumbled_the_whole_market_with_one_move/

JFC
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 08, 2018, 10:01:52 AM
ETH held pretty well. Wonder how low BTc will drop
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 08, 2018, 10:02:49 AM
@demi

Nah, just here.

Also, now that I've hit my 3 BTC/$50K target I'm going keep the rest of my gains to myself.

edit: also, I'm back down to $48K or so. But I'm just gonna keep on earning more sats to counter balance my USD losses.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 08, 2018, 10:18:24 AM
It'll bounce pretty soon I think. CMC basically gave us a small window to snatch up cheap alts. Increased my STRAT and XLM positions.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 08, 2018, 10:45:52 AM
TFW when you time your buy on a flash dip perfectly. Free money from weaker hands. :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 08, 2018, 02:15:59 PM
I can only imagine what someone is thinking/feeling when they sell the absolute bottom of a dip.

Probably panic buying back in to ride the wave back up.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 08, 2018, 07:20:57 PM
I don't know about other coins but the ones I'm in seem stuck in a holding pattern this afternoon.

edit: okay, things are starting to move up now.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 08, 2018, 11:46:03 PM
So umm are any of you claiming your crypto profits on your taxes?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on January 09, 2018, 01:04:06 AM
How I fell for the blockchain gold rush

Cryptocurrencies that can make millionaires in minutes are justification enough to get out of bed at 5am to gamble (https://www.theguardian.com/technology/2018/jan/07/bitcoin-crypto-currencies-mcafee)

what a noob, sleeping at all :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 09:35:00 AM
So umm are any of you claiming your crypto profits on your taxes?
I am. Especially if I hit six figures before tax season.

The IRS doesn't fuck around.

I've been using CoinTracker to keep track of all of my gains and losses from my Bittrex trades.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on January 09, 2018, 10:00:46 AM
I wish they’d just classify it as like-kind property already.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 10:21:35 AM
Yeah, getting taxed on every single crypto to crypto trade/transaction is pretty fucking ridiculous.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 09, 2018, 11:09:08 AM
You file it as short term capital gains, right?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on January 09, 2018, 11:26:35 AM
You don't file shit. You file it and don't be surprised to get audited so they can look into any past gains not filed in previous years. What you have to do is figure out how you can pull money out without triggering anything. Maybe fly down and open an account in the Caymans.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 09, 2018, 11:30:27 AM
Yeah, getting taxed on every single crypto to crypto trade/transaction is pretty fucking ridiculous.

It goes both ways. If you buy some Bitcoin to spend on Alts and Bitcoin's value goes down before you buy the Alts then you get a taxable loss that subtracts from your gains.

You file it as short term capital gains, right?

Yeah, unless you've held it for more than a year.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on January 09, 2018, 02:36:33 PM
Quote from: https://www.animenewsnetwork.com/interest/2018-01-09/tokyo-cryptocurrency-idols-imagine-a-virtual-finance-utopia/.126176
The masked idol maids were brought together to promote a future where initial coin offering (ICO) offer hope, instead of the risks of "fraud" and "crashes" sometimes associated with virtual currency. Each member is promoting a specific cryptocurrency and the group is led by BitCoin Cash idol Rara Nanase. The other members represent the original BitCoin (BTC), Ethereum (ETH), Neo (NEO), Mona (MONA), Cardano (ADA), NEM (XEM), and Ripple (XRP).
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on January 09, 2018, 02:40:06 PM
One thing I'll hand to Bitcoin stans : Blockchain was indeed the next hype. My LinkedIn feed is obnoxious.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TVC15 on January 09, 2018, 03:31:51 PM
I just got laid off. From a job I liked a lot. Tell me how to get bitcoin rich.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on January 09, 2018, 03:38:08 PM
I just got laid off. From a job I liked a lot. Tell me how to get bitcoin rich.

Suck Atra's dick.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TVC15 on January 09, 2018, 03:41:18 PM
I just got laid off. From a job I liked a lot. Tell me how to get bitcoin rich.

Suck Atra's dick.

There's no piss slit in it. It's weird. We're talking about the thing on top of his neck, right?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 03:48:54 PM
 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TVC15 on January 09, 2018, 04:02:53 PM
Cmon, Atra. This is a big thread and you’re Daddy here. Is there a good resource for learning/getting started?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 04:10:37 PM
Tbh, I just used YouTube, Twitter, and followed Cryptoverter's signals to get where I am:
https://discord.gg/MTabwFZ

No genius/expertise on my part except from the time when I paper traded forex markets.

The one thing that may slow you down is that certain crypto exchanges have ceased new member sign-ups.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 09, 2018, 06:21:38 PM
Ether hitting ATH and alts are bleeding :goty2

Fucking crypto
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 06:48:44 PM
Threw in about 1 BTC worth in the current/recent Burst dip.

Big buy orders seem to inspire confidence in the other buyers.  :doge

edit: and some bastard put up a 1.5667 BTC sell wall at 640 sats.   :maf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on January 09, 2018, 07:58:06 PM
I just got laid off. From a job I liked a lot. Tell me how to get bitcoin rich.

I'm sorry to hear that.  :(

I'm sure your experience will land you a better job when you want it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 09:41:32 PM
Hindsight is 20/20 but my god I should've just went into tether when I had north of $50K  :doge

Shit is just fucked on my end.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 09, 2018, 09:47:34 PM
Man, have you ever used EtherDelta to buy alts? What an absolute pain in the ass.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 10:01:36 PM
Nah, and I don't plan to.

Bittrex is frustrating enough as it is.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 09, 2018, 10:10:45 PM
I've also used Cryptopia, CoinsMarkets and EtherDelta at this point and they all make Bittrex seem like magic.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 09, 2018, 10:22:37 PM
I assume you're using those exchanges to get some sub 100 sat shitcoins before they moon?  :doge

Also, I'm doing somewhat of a risky maneuver before I go to bed. I'm all in alts so... if bitcoin pumps I'm fucked. If bitcoin dumps I'm fucked. If bitcoin goes sideways I'll be okay.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 09, 2018, 10:52:45 PM
I've had a lot of success with scooping up low market cap coins so far. CRED, COLX and XBY for example.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 10, 2018, 01:00:01 AM
I’m getting a heavy amount of Facebook ads for crypto shit, I suspect it’s because I closely follow this thread for drama potential. Apparently there’s one that’s somehow tied to cannabis or something, lol targeted ads
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 10, 2018, 01:46:04 AM
whats the future of Litecoin looking like atra-chan
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 07:44:29 AM
It looks like it could breakout and go up but I mainly use litecoin for its fast transfer speeds and not so much to hold/trade with.

But its price action is pretty much tied with bitcoins. So if bitcoin goes up it will as well.



Also, I think I'm not going to actively trade for a week or two and just hold and wait for my alts to rise.

spoiler (click to show/hide)
Seeing 10 grand evaporate over a matter of days is fucking brutal.  :-\
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 10, 2018, 10:29:03 AM
Last couple days, last night particularly, have been rough for sure.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 10:34:46 AM
I'm slowly beginning to realize that as soon as I feel like celebrating about my gains it's time for me to GTFO and go into tether/USDT. At least while BTC is bearish.

But in 3 or 5 days BTC might reverse and go bullish for all I know.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 10, 2018, 10:44:22 AM
I'm tempted to figure out how to make my own shitcoin, since it's clearly the easiest way to make money right now. Just need a slick logo and a ticker symbol with an X in it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 10:54:42 AM
Well, if you need someone to design your shitcoin's logo I'm your guy.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 10, 2018, 12:54:24 PM
Plz make borecoin, and then gimme some, I wanna play
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 10, 2018, 03:55:43 PM
make...marks coin

bless up

https://twitter.com/_stevethornton/status/951021223487660032
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 09:48:40 PM
I'm in this conundrum at the moment.

I'll holding 4, currently, light bags and 1 heavy bag.

Part of me wants to sell at a slight loss and just go all in on BTC and buy back into the alts, I'm currently looking at, at a lower price. (they could potentially bleed for days)

OR I just keep on holding and HOPE that 2 or 3 of them pump up.

edit: I think no matter what I do I'll get fucked over some how.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 10:45:52 PM
bleeding out really bad now...

$50K+ was the magic number in my head. I told myself I was going to cash out most of it after that point but nah I just had to keep on going  :doge

edit: $53K to now $39K jesus....
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 10:55:27 PM
All my coins are dumping.

 :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 10, 2018, 11:02:18 PM
It's an absolute massacre right now....
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 11:03:41 PM
https://www.cnbc.com/2018/01/10/south-korea-official-reportedly-readying-bill-to-ban-all-cryptocurrency-trading.html
https://www.nytimes.com/reuters/2018/01/10/technology/10reuters-southkorea-bitcoin.html?smid=tw-share

This might have something to do with it.

Fucking Korea.

edit: I'm probably not going to look at my bittrex account for a week at this point and just hope things snap back up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 10, 2018, 11:04:18 PM
Was just about to post that.

sigh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 11:07:04 PM
If anyone wants to buy RLC, MCO, STEEM, SIACOIN, and BURST they're going to be super cheap pretty soon.

edit: Also, I'm just going to hold all of these alts. My time to exit them while still being ahead has already past.

They all seem to be solid coins with promising fundamentals behind them. Hopefully that saves them in the long run.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 11:17:37 PM
Anyways, in the meantime...

(https://i.imgur.com/54TiNBC.jpg?1)

(https://i.imgur.com/eXOTANb.jpg)

(https://i.imgur.com/hw54MKJ.jpg)

(https://i.imgur.com/M5dzYWk.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 11:24:45 PM
https://mobile.twitter.com/iamjosephyoung/status/951300898571018241

Then why the fuck is everyone panic selling? :confused
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 10, 2018, 11:37:22 PM
Going so balls deep into burst was a bad idea.

Weak hands are dropping it so fast.  :-\

edit: I'm just going to pretend I've started out with $7000 all over again after the dust settles.  :goty2

edit2: RLC seems to be holding out pretty well. That news tomorrow better be good.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 11, 2018, 12:15:18 AM
Sounds like a good time to pop back in? Got 0.03 btc from when i dipped my toes in this years ago alongside some doge and digitalcoin (DGC... could i even trade this now?). Daddy needs a new pair o shoes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 11, 2018, 12:27:12 AM
Sorry for your pain Atra. Gamblings a tough racket, at least you're still way up! I sometimes get pangs of regret thinking about how much btc i wasted in its halcyon days.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: demi on January 11, 2018, 12:30:36 AM
Bail out atra partys over, take your ill gotten gains and run
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on January 11, 2018, 12:53:31 AM
I'm holding about equal bags of ADA (mostly bought at 600 sats) and XLM (50% 2100 sats 50% 3800 sats).

Unlikely to lose money, but I could've doubled my shares of each selling the ATH a little while back.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 11, 2018, 02:01:40 AM
Back in 3 BTC land for now.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 11, 2018, 10:50:21 AM
was i stupid to put in another 1k into ripple and another 600 into ether?

i made over 1k so far but is it time to get out? i'm scared. i'm in for a total of $3600
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 11, 2018, 11:54:58 AM
XLM once again pulling my portfolio out of the depths  :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 11, 2018, 12:48:46 PM
was i stupid to put in another 1k into ripple and another 600 into ether?

i made over 1k so far but is it time to get out? i'm scared. i'm in for a total of $3600
Time will tell.



Also, I feel incredibly dumb holding 5 alts that are just stagnant.

And I'm feeling rather burnt out as well. I probably should just step away and not look at charts for a week again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 11, 2018, 06:23:11 PM
I think I'm going to just walk away for the rest of the week too. I have my portfolio. I'll only look when Delta notifies me that something is gaining hard or dropping hard.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 11, 2018, 06:40:22 PM
I guess I should be glad that I’m not starting out now and that I actually had some time to accrue a bunch of profits since last year.

I just hope we’re not going into a year long bear market.

edit: Also, if for some crazy reason I get back to $50K again I'm cashing out $10K of it ASAP. Fuck trying to be hero and trading with so much money all at once.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 11, 2018, 07:07:47 PM
(https://i.imgur.com/ywr68lD.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 11, 2018, 07:15:19 PM
I know right? I'm many times over my initial investment so I'm really not shaken, but imagine being the guy who threw a bunch of money at crypto for the first time yesterday.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 11, 2018, 07:29:39 PM
Well I’m def in the red but it’s not enough money lost or even thrown in that I’m concerned about.

We’ll see how it goes in the long term
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 11, 2018, 08:53:59 PM
Well I’m def in the red but it’s not enough money lost or even thrown in that I’m concerned about.

We’ll see how it goes in the long term

even with the little i threw in it's still like.... FUCK, i could have pulled out an extra 1,000 for doing nothing. Ya know?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 11, 2018, 08:55:51 PM
I've learned so many valuable lessons in these last couple of days.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 11, 2018, 10:30:45 PM
https://www.instagram.com/p/Bd0FvU8jACZ/

(thought it was amusing that Beeple was using that piano sample from Drake's started from the bottom)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 11, 2018, 11:02:37 PM
Looks like everyone packed up and bailed on CV.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 11, 2018, 11:38:49 PM
Yeah, those wolf signals or whatever... shit wasn't going great. It was frustrating seeing the coins they were signaling already on the rise (some had already hit the first sell target or where outside of the buy zone). And when you waited for the coins to fall back down into the buy zone they would continue to drop/bleed out after you bought them fairly low and you would end up holding heavy bags. Some of them (MCO for example) hit the stop loss or got really close to the stop loss.

Thankfully I've only paid for a month of premium. And, granted, BTC going on a crazy bull run then plummeting shortly after didn't help matters.



Anyways, I think I'm starting to get a better handle of when to buy and when to sell now.

Once I sell off the rest of my bags I'm going to try and scope out coins on my own.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 12, 2018, 12:18:42 AM
(https://i.imgur.com/xpi12jp.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 12, 2018, 01:03:06 AM
Goddamnit. Sold all of my RLC way too soon.

I saw the cup and handle formation right before my eyes and *boom*

(https://i.imgur.com/lXAH4zh.png)

edit: volume was non-existent the whole time and it looked like it was going to dump any second...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on January 12, 2018, 01:06:43 AM
can this shit hurry up and burst so I can a get a new GPU for something other than arbitrary hamster wheeling.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: stufte on January 12, 2018, 01:36:57 AM
invested 5 dollars in bitcoin today. I'll buy you all some gum when I hit it big.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 13, 2018, 12:47:28 PM
https://motherboard.vice.com/en_us/article/9kng57/dogecoin-my-joke-cryptocurrency-hit-2-billion-jackson-palmer-opinion
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 13, 2018, 12:52:57 PM
I made over 3 grand on ether since about december. 3x my investment. My only ragret is that I was too shook to buy more on the dips.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 02:45:14 PM
When I see posters on /biz/ about to an hero over a dip that's when I know it's time to buy.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on January 13, 2018, 03:22:21 PM
I made over 3 grand on ether since about december. 3x my investment. My only ragret is that I was too shook to buy more on the dips.
ether just hit $1400USD
 :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 03:25:33 PM
Should've held some eth back when it was trading around 200 and 300 USD. Oh well.    :doge

edit: the crypto kitties shit really put a sour taste in my mouth.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 04:35:18 PM
(https://i.imgur.com/h66ZZSh.png)

I legit cackled at this.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 05:26:54 PM
https://coincheckup.com/coins/burst/predictions

Really bullish on Burst at the moment.

If this shit hits 1 dollar I'll have over $100K  :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 13, 2018, 05:51:30 PM
Do these predictions even mean anything
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 05:57:16 PM
Since you assholes are driving up the prices of video cards, can one of you rich monsters give me $400 so I can afford a 1070? I'M BROKE.
Get a coinbase account and I’ll send you some litecoin you can cash out.

Also, as additional thanks for helping me get laid.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 05:59:38 PM
Do these predictions even mean anything
Assuming the overall alt market keeps on trending upward and you didn’t buy a vaporware shitcoin, yes.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 09:52:57 PM
Since you assholes are driving up the prices of video cards, can one of you rich monsters give me $400 so I can afford a 1070? I'M BROKE.
Get a coinbase account and I’ll send you some litecoin you can cash out.

Also, as additional thanks for helping me get laid.  :doge

If you're serious, I had set up an account a while ago when I thought I could be a cool cyber banker. KissVibes is my nickname.
Totes serious. PM me your litecoin address and I'll send you some.

edit: sent
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 13, 2018, 10:01:48 PM
I'm "wildmarks"

ep in stores now
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 13, 2018, 10:08:18 PM
Is this your latest EP on here? October Sweets?

https://wildmarks.bandcamp.com/

edit: just bought it. bless up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 14, 2018, 01:21:25 AM
Man, I don't know what's worst.

Waiting for a good entry point to buy back in or waiting for a good exit point to sell at.

Right now I'm watching RLC bleed so I can rebuy...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 14, 2018, 02:53:35 AM
(https://i.imgur.com/77duidz.png)

The moment of truth is almost here...

If it breaks up I'm buying. If it breaks down I'll wait some more....

edit: it's really struggling to break out.

I could see it going right back down to where I originally sold it at this point.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 14, 2018, 09:56:30 AM
s/o atra, crypto king and good dude

spoiler (click to show/hide)
rip femme atra
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 14, 2018, 12:01:06 PM
Yo Atra gimme like $20 so I can try not to lose it :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 14, 2018, 09:19:21 PM
Yo Atra gimme like $20 so I can try not to lose it :doge
I don't think it works like that.  :doge

People are more likely to lose other's money (especially if there's no real risk for losing it all).



Just discovered a great tool for identifying bases. Basically, anything below a base is great buy in point and anything above it is a great sell point.

https://qft.hodloo.com/

It's fairly new so there will be more additions later on. (also, you can ignore the arrows but it just shows where the app creator bought and sold coins)

https://www.youtube.com/watch?v=vgcFe_XO_LQ
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 15, 2018, 03:21:59 PM
Such a slow day...

Better than things crashing and burning but I hate having buy and sell orders just sitting there for hours if not days.

Also, I forgot to put a break even sell order on Steem when it spiked up really quick so I'm still holding those bags.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 15, 2018, 07:29:12 PM
Slow day? I'm jealous. Everything's red :lol

https://coinmarketcap.com/all/views/all/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 15, 2018, 07:31:10 PM
It was slow ...now red.

Eh, I'm just going to keep on holding.

They say during chop like this it's the worst time for swing traders (i.e. me) but a good time for holders and expert day traders.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 15, 2018, 08:41:54 PM
Considering buying a small amount of lite coin just for shits 🤷‍♀️
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on January 15, 2018, 09:52:46 PM
https://motherboard.vice.com/en_us/article/9kng57/dogecoin-my-joke-cryptocurrency-hit-2-billion-jackson-palmer-opinion

:doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 15, 2018, 10:10:18 PM
It was slow ...now red.

Eh, I'm just going to keep on holding.

They say during chop like this it's the worst time for swing traders (i.e. me) but a good time for holders and expert day traders.

I've been a giant pussy lately and not bought anything on the dips, I could've made a good amount.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 16, 2018, 12:32:47 AM
I think once January has passed and as we go into February things will begin to recover. Lotta alts with big announcements through Q1 and Q2.

(https://i.imgur.com/wQSXZ7v.png?2)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on January 16, 2018, 12:59:50 AM
I’m just hodling ADA and XLM indefinitely now I guess. Doing the swing trade thing was fun for a while, but ending up with heavy bags while ADA / XLM hit new highs was too stressful. Might check out some ICOs.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Baiano19 on January 16, 2018, 10:29:09 AM
JUST
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 16, 2018, 10:40:34 AM
*checks bittrex balance*

(https://i.imgur.com/3Ot1JJG.jpg)

(https://i.imgur.com/otlL9Rz.png)

(https://i.imgur.com/wr6NqhZ.gif)

(https://i.imgur.com/MiCLMty.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 16, 2018, 10:43:06 AM
You ever cash out that 10 off the top?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 16, 2018, 10:47:43 AM
No... And it would be really bad selling at such loss at this point.

I'm just not going to look at my portfolio and just go about my day/week/month like it doesn't exist.

I've made my bed. Time to sleep in it.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on January 16, 2018, 10:53:19 AM
when the bitcoin dream turns into a wagecuck nightmare :(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 16, 2018, 10:55:34 AM
There was the December sell off.
But also forgot there's a January sell off as well.

We're gonna be alright, brehs. Just hold tight:
(https://i.imgur.com/rkYJ4hO.png)

End of this year though *phew* I'm cashing the fuck out as much as humanly possible.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 16, 2018, 11:11:57 AM
Even with the 'crash' this weekend I'm still up 50% over the last month.  :idont
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 16, 2018, 11:15:13 AM
I'm still up by a lot as well but it really sucks when I was really really up by a lot and now I'm not. :noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 16, 2018, 11:30:43 AM
Hopefully we eventually go back to the November/early-December times where you could put money on pretty much anything and see it moon within a week.  :'(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 16, 2018, 12:33:56 PM
Where else can i buy ripple? at 1.30 it's too good to pass up. i wanna drop a G but i can't fucking sign up on bitterex.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 16, 2018, 12:36:51 PM
Where else can i buy ripple? at 1.30 it's too good to pass up. i wanna drop a G but i can't fucking sign up on bitterex.

I think Bitfinex has reopened to new registrations.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 16, 2018, 01:24:45 PM
Nope, just tried

Oh sorry I can’t read worth shit thought you said bittrex
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 16, 2018, 03:15:14 PM
https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on January 16, 2018, 04:06:13 PM
Yikes
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 16, 2018, 04:06:16 PM
how's binance? anyone have any experience ?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 16, 2018, 10:17:30 PM
I feel like I’m winning everyday as I consider buying coins and don’t
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Baiano19 on January 16, 2018, 11:11:34 PM
how's binance? anyone have any experience ?

I have binance, it's very easy and fast to trade there.

Here's an invitation btw https://www.binance.com/?ref=11318651

I think this dip will be much deeper than previous ones though
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zepblackstar on January 17, 2018, 12:49:07 AM
how's binance? anyone have any experience ?

I have binance, it's very easy and fast to trade there.

Here's an invitation btw https://www.binance.com/?ref=11318651

I think this dip will be much deeper than previous ones though

think the same only because a lot of new money came in and a good deal went to shitcoins that were pump and dumps
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 17, 2018, 10:37:27 AM
Man I’m really glad I did not buy litecoin when I was musing about it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on January 17, 2018, 10:38:12 AM
I feel like I’m winning everyday as I consider buying coins and don’t

Smart man. If you're going to invest, at least do it the traditional way. Not on buttcoins.

https://www.reddit.com/r/SubredditDrama/comments/7qzrmq/on_rbitcoin_an_investor_complains_that_coworkers/

Please, Atra. Don't be this dude.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 17, 2018, 12:02:18 PM
I still have more money in crypto than I would ever have if I invested in stocks for a year. :yeshrug
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 17, 2018, 12:49:20 PM
I still have more money in crypto than I would ever have if I invested in stocks for a year. :yeshrug

Yup, same :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 17, 2018, 01:19:21 PM
Here's a message from one of my signal groups if you want to get in on this dip:

Quote
CRYPTO MARKET UPDATE
We are currently seeing a nice little bounce from BTC and in affect, the whole market. This is an indication that the free fall is slowing down, by no means are we calling this the bottom, a healthy recovery will see a nice bounce or two before the real climb begins.

In saying that, now is a great time to start buying all of those lovely cheap alts.

Alts we recommend for strong recovery are as follows-

ETH
NEO
BCH
BTG
XZC
XRP
STEEM
STRAT
QTUM

BINANCE ONLY
BNB - BUY HEAVILY
WABI
VIBE
IOTA

While these might not be the top gainers, they are guaranteed to have nice steady, full recovery.

What strategy should we employ?

Given the current climate of the market (high volatility) and the very real prospect that the market will take another dive before starting the full recovery. We recommend employing a very simple strategy of Dollar Cost Averaging (DCA). Some of you may have heard of this strategy, some may have not.

For those unfamiliar with DCA please give this link a quick read-
https://en.wikipedia.org/wiki/Dollar_cost_averaging

Its a pretty simple strategy which involves dividing your capital into equal parts and buying each instrument periodically without emotionally regarding the price and therefore achieving an average price in which you will break even and turn profit, it is very a common strategy to employ during a downtrending market and while conservative, very reliable and well proven.
- Please note, this is a VERY brief description of the strategy and if you are unfamiliar with it, we recommend reading the above link to get the full grasp

Summary
So in short, we recommend you employ DCA strategy to continually buy the above altcoins periodically over the following days/week or so (if you have other favourite alts, please go ahead and buy them, our list is purely guidance of what we consider the 'safest' buys)

If you have any spare fiat/usdt, you can start employing the same strategy for buying btc.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 17, 2018, 02:01:56 PM
https://twitter.com/francispouliot_/status/953462579401232386
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 17, 2018, 02:03:41 PM
http://boards.4chan.org/biz/thread/6600300

*whew*
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 17, 2018, 02:05:06 PM
https://twitter.com/francispouliot_/status/953462579401232386

The chicken nuggets post is just a copypasta, but yikes at the rest if they're serious. If you did the tiniest bit of research on bitconnect, it was pretty obvious that it was some sort of scheme.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 17, 2018, 02:05:26 PM
Man I’m really glad I did not buy litecoin when I was musing about it
Buy ETH instead.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on January 17, 2018, 02:09:04 PM
Knock a plate of chicken nuggies out of your mom's hand because your digital coins lost their value, brehs.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 17, 2018, 02:14:42 PM
https://www.theonion.com/breaking-bitcoin-value-currently-plummeting-no-wait-s-1822160899?utm_content=Main&utm_campaign=SF&utm_source=Facebook&utm_medium=SocialMarketing
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on January 17, 2018, 03:01:39 PM
I knew that once I invested in crypto that it would crash :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on January 17, 2018, 03:04:16 PM
Shoulda stuck to porn stars, much more roi
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 17, 2018, 03:07:39 PM
Basically, don't get into crypto if you can't handle going from this:
(https://i.imgur.com/QUA5vtw.png)

to this:
(https://i.imgur.com/PRgmgPU.png)

edit: And again, I started out with only $6500 or $7000. I can't imagine what people are feeling who put in their whole life savings into this market.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 17, 2018, 03:18:56 PM
i hate myself for putting the $500 into bitcoin and litecoin when i knew to dump it into ether.

i need these two to go up a bit more so i can at least recoup some of the loss and get the fuck out.

Let's go ether!!!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 17, 2018, 07:19:00 PM
https://www.youtube.com/watch?v=-_fqzg8PNgY

at 5:45 Phil starts shilling BAT.

Also the price of BAT is skyrocketing at this moment.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on January 18, 2018, 02:03:52 PM
Man I still don't know how Bitconnect failed.

They had a song and everything.

https://www.youtube.com/watch?v=Nj3hP2_p4o8

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 18, 2018, 02:09:38 PM
Speaking of bitconnect I saw some YouTuber camwhoring the next day after she lost a bunch of money on it.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 18, 2018, 02:10:26 PM
BEEECONEEEEKKKKKKK
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 18, 2018, 04:26:12 PM
Speaking of bitconnect I saw some YouTuber camwhoring the next day after she lost a bunch of money on it.  :doge

link for research
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 18, 2018, 04:29:23 PM
side note one of my favorite underground rappers linked this while flexing with some cash in a benz:
https://www.cryptotrappin.com
https://twitter.com/cryptotrappin
 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 18, 2018, 04:36:25 PM
Speaking of bitconnect I saw some YouTuber camwhoring the next day after she lost a bunch of money on it.  :doge

link for research
:nsfw
http://boards.4chan.org/biz/thread/6617036/this-poor-woman-lost-all-her-money-because-of

edit: Or maybe she isn't a youtuber. I'm just assuming that because a bunch of people where shilling bitconnect on their channels.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 18, 2018, 06:01:47 PM
(https://i.imgur.com/O9vTnG3.jpg)

The absolute state of crypto.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 19, 2018, 01:02:37 AM
(https://i.imgur.com/tqrkAKD.png)

I have never seen a coin that has been actively shilled and FUDed for months with no end on /biz/ like ChainLink.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 19, 2018, 01:29:07 AM
I bought in again. Bunch of ETH this morning just after 9am here at #3. Converted to Tether ~13:00 and made back some fees. Figured it might head back to the baseline of 2, maybe 1 even before the annual Jan rise. Thoughts?

(https://i.imgur.com/FCHTOCc.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 19, 2018, 01:36:34 AM
Who can say. But that's good that you're employing that baseline strategy.

If I were you I would just have buy orders, set below each baseline, that get incrementally larger as you go down.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 19, 2018, 01:38:57 AM
 :heart
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 19, 2018, 01:54:36 AM
Going to try implement this over the weekend https://gekko.wizb.it/

A few people i know use profit trailer (https://profittrailer.com/) to pretty incredible results, but im cheap.... Though one person had a pairing that was removed from the exchange he was on during the dip and lost nearly 30k as it held and couldnt dump  :lol .. i mean  :'(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 19, 2018, 10:38:15 AM
https://www.reddit.com/r/BCC/comments/7rcsb7/invested_my_company_funds_12500000/

 :lol :lol :lol :lol :lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on January 19, 2018, 12:23:35 PM
been reading about tether and their money printer. hilarious scuzzy stuff, no wonder they refused an audit.

if the fed ever catches up with them and people try to withdraw their usdt/monopoly money en masse it'll be curtains.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on January 19, 2018, 01:30:45 PM
(https://i.imgur.com/BepbTH1.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 19, 2018, 04:48:32 PM
https://www.reddit.com/r/BCC/comments/7rcsb7/invested_my_company_funds_12500000/

 :lol :lol :lol :lol :lol

After seeking the legal advice of Reddit, he's decided to invest in another ICO pyramid scheme to make up the $125k he lost.

https://www.reddit.com/r/DonkContest/comments/7rkbtf/a_statement_regarding_the_financial_situation_of/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 19, 2018, 05:08:31 PM
There's no way this guy lost 125k and jumped from BitConnect to Davor.  :lol This has to be fake.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 19, 2018, 05:28:11 PM
There's no way this guy lost 125k and jumped from BitConnect to Davor.  :lol This has to be fake.

Unless he's running a several month joke, it's for real.

https://www.reddit.com/r/Buttcoin/comments/7rjtto/halp_i_embezzled_125000_from_my_company_and/dsxh8fg/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 19, 2018, 06:18:05 PM
 :dead
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 19, 2018, 10:12:25 PM
what are the chances ripple comes to coinbase? i'm thinking of dropping another 1-2k into it.  :-\
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 20, 2018, 05:15:13 PM
Looks like this government shut down has been good for crypto.  :doge

My portfolio has cracked $40K again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on January 20, 2018, 05:57:30 PM
Looks like this government shut down has been good for crypto.  :doge

My portfolio has cracked $40K again.

reckon tether printing another $100m to keep the price up everytime there's a dip has more to do with it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 20, 2018, 06:09:10 PM
 :shh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 21, 2018, 05:16:54 PM
https://twitter.com/Shitty_Future/status/955164439891841030
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Yeti on January 21, 2018, 09:17:19 PM
Oh yeah, I remember collecting those in Donkey Kong Country 2.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 22, 2018, 11:17:59 AM
how can bitterex not take new registrations still?  wtf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 22, 2018, 02:19:16 PM
https://medium.com/@xoelop/weve-simulated-the-bitcoin-price-for-the-whole-2018-you-won-t-believe-the-result-4a602679dac2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: HardcoreRetro on January 22, 2018, 03:29:04 PM
how can bitterex not take new registrations still?  wtf

It's called Bitter Ex. What'd you expect?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on January 22, 2018, 03:51:44 PM
:umad

https://www.youtube.com/watch?v=qjKOWqIxZho
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 22, 2018, 07:11:26 PM
When I have some time I might try and day trade Monero with Bitcoin just to make up for my lost sats.

Kinda sucky that I'm hovering in the lower $30K again as far as USD value is concerned but if I manage to keep on earning sats faster than bitcoin dips then I could be back in the $50K range again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 22, 2018, 07:33:10 PM
Pretty whacky fluctuations, I managed to make ~20% through the dip today trading into CND. ETH will/is returning, CND is trading strong. Considering getting some SPANK bags  :-[
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 22, 2018, 09:20:35 PM
I just keep throwing money into ripple and iota -  playing the long game

Too inexperienced to try day trading
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 23, 2018, 12:20:33 AM
https://twitter.com/martindale/status/954944610035355648
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 23, 2018, 01:06:30 AM
 :confused most significant? Simple minds
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on January 23, 2018, 03:00:18 AM
https://twitter.com/martindale/status/954944610035355648

This shit is weird.

There are basically three people that are evangelizing crypto

1) People that think the underlying technology has value, whether that's as its own currency or something equivalent to USD (for contracts and what not with the ledger)
2) People that don't give a shit or know a shit, but want to get rich.
3) Crazy insane people talking about how they're taking their financial life back from the man.

#3 is the loudest by far.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: team filler on January 23, 2018, 05:41:27 AM
I want to build a new gaming pc, can you idiots cut this nonsense out already  :nothot
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on January 23, 2018, 05:58:35 AM
There's always money in the Banana Coin.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on January 23, 2018, 07:25:02 AM
bitcoin drops below 10k, tether prints another $100m in QE.

like clockwork.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on January 23, 2018, 09:14:47 AM
https://www.robotcache.com/

:thinking
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 23, 2018, 12:19:18 PM
bitcoin drops below 10k, tether prints another $100m in QE.

like clockwork.
Another explanation as to why so much tether is being made is because more and more people are "tethering up" in order to protect themselves from the crash.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 23, 2018, 02:05:00 PM
https://twitter.com/braddybb/status/955547117908516864
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on January 23, 2018, 03:09:19 PM
Another explanation as to why so much tether is being made is because more and more people are "tethering up" in order to protect themselves from the crash.

from what i've read, that happens, then tether has an extra bitcoin they can do whatever they want with. effectively making two bitcoins; the one they bought off the user, and the USDT's worth of bitcoin they sent to the user.

i've been looking into this for upwards of four days so i'm a relative expert in crypto circles.

pin the tail on the moment the order went through:

(https://pbs.twimg.com/media/DUPTcuoU0AAyJr1.jpg:large)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 23, 2018, 05:16:14 PM
Hmm. I wonder if the institutional investors have something to do with this.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 23, 2018, 11:58:23 PM
https://blog.metalpay.com/bittrex-and-metal/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on January 24, 2018, 07:11:58 AM
Abstinence is the only fool proof method, you filthy harlots.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 24, 2018, 08:52:40 AM
People,

is Binance legit?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 24, 2018, 09:09:18 AM
I'm on it with no issues so far
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on January 24, 2018, 11:03:52 AM
Good opportunity to drop them Steem bags if you still have em Atra.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 24, 2018, 11:30:26 AM
I dropped them a while back.

Now I kinda wish I hadn't after seeing these Weiss rankings:
(https://i.imgur.com/EFjiF8i.png)
https://www.docdroid.net/y8xcErJ/weiss-cryptocurrency-ratings.pdf

edit: Also, if Burst doesn't moon by March I'm going to be pissed.

I have some money in RLC and the money I have in Burst could've been money going to RLC (which I have higher confidence in than Burst).
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 24, 2018, 12:41:33 PM
https://qz.com/1183173/cryptocurrency-mining-is-now-so-big-its-showing-up-in-tsmcs-earnings/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 24, 2018, 01:05:25 PM
Has anyone tried filling their cryptocurrency tax trades yet? I've got an 8949 form from https://cointracking.info but the two free tax providers I tried (HR Block and Credit Karma) don't appear to accept the 8949 form and instead want you to manually input all the trades and then they'll build the 8949 form from that. Anyone know of a tax software that automatically imports the 8949 form? Otherwise it's going to be a pain entering in all my trades (100 ish) manually.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 24, 2018, 01:21:20 PM
Not yet. I have thousands if not hundreds of thousands of trades...

I have no idea how I'm going to file all of those.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on January 24, 2018, 01:28:04 PM
Not yet. I have thousands if not hundreds of thousands of trades...

I have no idea how I'm going file all of those.

It may be easier to just go to jail.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 24, 2018, 02:40:20 PM
https://www.npr.org/sections/thetwo-way/2018/01/24/580259163/50-cent-i-forgot-taking-700-bitcoins-for-2014-album-stake-is-now-worth-millions
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on January 24, 2018, 03:55:13 PM
https://www.npr.org/sections/thetwo-way/2018/01/24/580259163/50-cent-i-forgot-taking-700-bitcoins-for-2014-album-stake-is-now-worth-millions

Atra annihilated.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on January 24, 2018, 04:56:26 PM
If only Atra accepted bitcoins for his graphic design work earlier. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 24, 2018, 06:25:40 PM
>implying that people want to pay for design work in the first place

:noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 24, 2018, 11:00:43 PM
living in an island tax haven :rejoice (no CGT here)

I have no idea how i would use this to help y'all avoid ur dang US gubmint tax tho..
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 25, 2018, 11:47:31 AM
I'm on it with no issues so far

this one isn't a scam like that other one is it? have you pulled your money out with ease before ?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on January 25, 2018, 09:52:16 PM
XLM...keep an eye out
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 25, 2018, 10:53:27 PM
I'm on it with no issues so far

this one isn't a scam like that other one is it? have you pulled your money out with ease before ?

It’s been real easy to put money in so far
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on January 26, 2018, 04:44:41 PM
Robinhood is adding crypto trading to it's platform in Feburary with no fees. They're starting with BTC and ETH and you will be able to instantly transfer up to $1000 from a bank account at a time. If it's as good as it sounds, I probably won't be using coinbase anymore.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 26, 2018, 07:06:12 PM
(https://i.imgur.com/viD8v8G.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on January 26, 2018, 07:11:41 PM
https://www.google.com/amp/s/amp.businessinsider.com/bitcoin-millionaire-erik-finman-cryptocurrency-2018-1

Is this the same as your Uber driver?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 26, 2018, 07:27:17 PM
(https://i.imgur.com/K6dacUu.png)

OMG

:dead
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on January 28, 2018, 01:24:50 AM
https://mobile.twitter.com/coindesk/status/957381065190133767

never saw that coming.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on January 28, 2018, 06:01:25 AM
Zomgee already posted one but I can't stop laughing :

https://youtu.be/q0-OOwqKxtc

Profit Profit Profit show me that Daily Profit.
Interest rates are dope yo.
(The 90 vibe of the song and video is pretty adorable, apart from being the face of a billion dollar scam).

https://youtu.be/vhyAREaWfyU
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on January 28, 2018, 06:11:13 PM
Everything I see about BitConnect reminds me of when I worked at an agency that had an MLM client. It's the exact same bullshit, commissioning music videos and shit, pulling Carlos up on stage to brag about how much money he was making and dissuade criticism from your significant others.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on January 28, 2018, 06:44:17 PM
(https://i.imgur.com/tONxEza.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on January 28, 2018, 07:56:49 PM
Totally didn't realize that Tai "Here in my garage" Lopez is now going all-in on Bitcoin, but I shouldn't be surprised:

https://www.youtube.com/watch?v=RhcqJeuDEfk
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on January 29, 2018, 10:40:22 AM
https://gizmodo.com/cryptocurrency-scam-site-disappears-leaving-only-the-w-1822509367
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on January 29, 2018, 11:13:56 AM
(https://i.imgur.com/tONxEza.jpg)

https://www.youtube.com/watch?v=6Hu1DxfJpcE
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 29, 2018, 07:46:07 PM
https://www.youtube.com/watch?v=EhL2OWXZ26s
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 30, 2018, 12:19:53 PM
 :nsfw
http://boards.4chan.org/biz/thread/7102701

The absolute state of /biz/  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 30, 2018, 01:34:41 PM
(https://i.imgur.com/bYrN5eI.png)
https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc

OH FUCK
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on January 30, 2018, 01:37:52 PM
should've listened to me and my four days of crypto knowledge.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 30, 2018, 02:20:21 PM
(https://i.imgur.com/x67U5SL.jpg)

I just can't fucking win can I?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 30, 2018, 02:23:35 PM
https://twitter.com/BTCVIX/status/958416711526617088

The fucking subpoena was sent back on December 6th.

FUCK YOU BLOOMBERG YOU FUDDING FUCKS.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on January 30, 2018, 02:36:56 PM
JUST HODL
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on January 30, 2018, 02:48:03 PM
So how many people have committed suicide this month?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 30, 2018, 03:14:25 PM
Too many.

Or maybe not enough if you're a Wallstreet shark waiting to buy a fuck load of BTC.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 30, 2018, 03:28:32 PM
Somebody on /biz/ just posted his massive buy order on GDAX @ $5000. He sold BTC around $13K.

(https://i.imgur.com/KadHZmS.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on January 30, 2018, 04:01:43 PM
http://www.businessinsider.com/facebook-bans-bitcoin-cryptocurrency-ico-ads-2018-1
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 30, 2018, 04:22:56 PM
ZUCC'D :noah

edit: for the record, I’m not looking at my Bittrex balance until end of February or early March...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on January 30, 2018, 08:42:53 PM
Everything I see about BitConnect reminds me of when I worked at an agency that had an MLM client. It's the exact same bullshit, commissioning music videos and shit, pulling Carlos up on stage to brag about how much money he was making and dissuade criticism from your significant others.

Didn't know they made music videos too but yeah the now infamous event was straight get rich quick pyramid scheme MLM pep talk playbook.

Some of the fallout and videos about BitConnect fall has been interesting, notably how some YouTube influencers were easily compromised by known swindlers (one of whom allegedly bragged on Facebook he got paid big EZ money for sending photos of the other, an attractive woman, to Nigerians so they could run catfish scams !).

Crypto is a gift from heaven for conmen, techno babble to convince the easily persuaded, make the impossible sound plausible and the allure of big quick profits for a crowd too impatient to invest money in more traditional avenues with smaller margins (no offense to anyone here meant).
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on January 30, 2018, 09:19:13 PM
Well I’ve only lost money so I dare them to audit my coins
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on January 30, 2018, 11:26:34 PM
i wanted to recoup some of the stupid litcoin and bitcoin losses but it doesn't look like i ever will.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 31, 2018, 02:23:27 PM
(https://i.imgur.com/8xlnqTn.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 31, 2018, 02:41:33 PM
(https://i.imgur.com/NQ9SLqb.png)

Synced up all of my exchange data to Cointracker.io to see how bad the damage is....

~$40K in profits gone. Just gone.  :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on January 31, 2018, 03:40:02 PM
It's ok my friend. Just HODL

spoiler (click to show/hide)
and pray
[close]

I had a dream last week that ether hit 6k
Time to dream it into reality
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 31, 2018, 04:35:33 PM
(https://i.imgur.com/3LjWOji.png)

This support line coming up shall be the next moment of truth...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: curly on January 31, 2018, 04:49:02 PM
is this meme dead yet
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 31, 2018, 04:54:11 PM
u didn't cash out anything after it came back up in jan atra? sheeeeeeeeeit
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 31, 2018, 04:59:32 PM
I was locked into a bunch of alts and didn't sell at their recent peaks because silly me thought they would be able to fight against BTC's influence.

Also, this is right around the time Cyrptoverter's alt signals went from runaway winners to suck-ass losers due to the BTC bear market.

edit: I should've sold all my Burst and Siacoin when I had the chance and put them into better alts.

edit2: Also, another thing that's annoying is even if I sold those alts at their peaks they would've ended up back into BTC because BTC trading pairs are what I'm the most comfortable with. Plus, all the Tether FUD was making me not want to put my satoshi gains into it to maintain my USD value for fear that it would all vanish over night.

edit3: another thing, it doesn't help that I work full-time and have to maintain a normal sleep schedule. So I can't be sitting at my computer looking at charts all day making sure I'm buying every dip and selling every peak.

Hell, I'm usually asleep when most of the action is going on.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on January 31, 2018, 06:27:20 PM
Can anyone here actually explain how the fuck Tether works regarding the 1:1 investment and maintaining parity with USD (relatively)? There's no actual way to convert your Tether to USD (outside of a select few) with Tether LTD, but i still use it acknowledging it feels very shady, but it's too handy not to fuck with. Interested in what happens when (inevitably it seems) faith is lost in it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: demi on January 31, 2018, 10:11:10 PM
I was locked into a bunch of alts and didn't sell at their recent peaks because silly me thought they would be able to fight against BTC's influence.

Also, this is right around the time Cyrptoverter's alt signals went from runaway winners to suck-ass losers due to the BTC bear market.

edit: I should've sold all my Burst and Siacoin when I had the chance and put them into better alts.

edit2: Also, another thing that's annoying is even if I sold those alts at their peaks they would've ended up back into BTC because BTC trading pairs are what I'm the most comfortable with. Plus, all the Tether FUD was making me not want to put my satoshi gains into it to maintain my USD value for fear that it would all vanish over night.

edit3: another thing, it doesn't help that I work full-time and have to maintain a normal sleep schedule. So I can't be sitting at my computer looking at charts all day making sure I'm buying every dip and selling every peak.

Hell, I'm usually asleep when most of the action is going on.

LMAO at all the excuses

You fucked up YET AGAIN you fucking soy boy, deal with it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on January 31, 2018, 10:27:02 PM
o-okay

(https://i.imgur.com/eyfBE3y.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on February 01, 2018, 06:37:49 AM
Sell now and buy when it hits rock bottom in a few months

I made 10 bucks on crypto in a day so you can trust me
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 06:47:49 AM
I'm way past that point now. I should've done that back when I was hovering at $40K. Selling near the bottom would be the cowards way out.

And I can't really sell into fiat so easily from bittrex (all it has is USDT/Tether which is the controversial crypto that's pinned to the value of the US dollar). I would have to transfer it back to coinbase via litecoin, due to it have the fastest transaction speeds, and hope litecoin doesn't dump too fast. Also, I could use ETH (its transaction speed is a lot slower though) but I don't like buying into coins that have recently pumped for fear that'll dump soon.

I'm holding out for February 16th which is the Chinese New Year for 2018. That's usually the holiday when things start to turn around in crypto.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 07:27:21 AM
I'm holding until this coming December. Fuck it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 01, 2018, 07:40:19 AM
argh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 01, 2018, 07:59:33 AM
It's my hope that the following doesn't come off as too officious and that you'll read it with an open mind:
1. Hubris in not selling on a downward trajectory is just the irrational belief that it will be higher if you just hold out. You have no way of knowing that.
2. The illiquidity of an asset means you should act less recklessly with it, not more.
3. The phrase pumping and dumping comes from a fairly specific market manipulation tactic. Whenever I hear that a share price is being pumped, I am usually skeptical that there is really someone on the other end pumping it up and I usually consider it just a paranoid narration of any benign but random fluctuations.
4) Believing that anything will happen around Chinese New Year is really magical thinking.
You should get out now while the people still holding out in the bubble are supporting the price up. I want to see you roll around in those mad gains. Being able to participate in a bubble is usually a once in a lifetime opportunity for people, and most of them don't even profit.

Usually I would agree with 3, but I think crypto is a special case where the market cap, illiquidity, and asset concentration might sometimes actually be affected by intentional manipulation. Especially the alt coins.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on February 01, 2018, 08:18:51 AM
How about you cash out your initial investment only, and ride the wave with any profit you have.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on February 01, 2018, 08:34:34 AM
Hodl forever
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on February 01, 2018, 09:55:18 AM
What do I know, but we’re getting closer and closer to equal market cap between ETH and BTC, wasn’t that always going to fuck with the market unless ETH was bullish for months on end?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on February 01, 2018, 10:16:33 AM
people attributing actual human values like courage to a market as broken and manipulated as crypto are the real marks. it's like playing russian roulette with a 20 something distinguished mentally-challenged fellow from 4chan who gets to choose whether to put a few more bullets in the chamber on your turn because he sat down first.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 02:27:44 PM
Okay... I'm cashing out my initial investment w/ a tiny bit of profit.  :-\

And I'm going to let the rest ride.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on February 01, 2018, 03:07:57 PM
(http://i.imgur.com/GH6NHZQ.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 03:50:10 PM
/biz/ at the moment:
(https://i.imgur.com/MqtqA4s.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on February 01, 2018, 03:54:19 PM
It gets better.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on February 01, 2018, 04:08:51 PM
Take that tiny bit of profit and do something nice

Good choice imho
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 04:15:22 PM
https://www.youtube.com/watch?time_continue=127&v=jXZXmDiDRl4
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 01, 2018, 04:43:44 PM
https://www.youtube.com/watch?time_continue=127&v=jXZXmDiDRl4

Doing everything he can do to hit that ten minute mark.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 04:47:25 PM
WELL.

I guess I can be content that I didn't loose any of my initial investment like some people have. :dunno

Coinbase will be depositing the money into my checking account on the 6th. 
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 05:06:46 PM
Here's the remainder of my profits on Bittrex:
(https://i.imgur.com/7GTnLWX.png)

I also have a couple hundred floating around on Cryptopia as well but that's just for pure shit coin gambling so I don't care if I lose it all.

edit:
Some day in the future I'll get back to this again (Assuming we don't go through a multi-year long bear market) :noah :
(https://i.imgur.com/QUA5vtw.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 01, 2018, 05:43:22 PM
all a learning experience, you did well atra and I'm sure you're gonna take w/e you learned here and use it in some other area of your life

*e-hug*
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 05:44:33 PM
Brooooo weren't you up at 200k
Goodness, no. $60K was probably the highest I've ever gotten.

Cointrack.io said I reached $70K but I'm not entirely sure how it arrived at that number.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 06:10:55 PM
I don't think my brother or the HOA would allow it.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on February 01, 2018, 06:35:31 PM
16k in the black? Nothing to be ashamed of there! Take a trip out west, I’ll smoke you out and show you the dank macaroni and cheese / bbq spot on the mountain
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 07:14:35 PM
Not really. Seems like most of them were wise enough to sell their alts when they peaked (or before they slid down into hell) and weren't planning on holding anything long term.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 07:24:36 PM
(https://i.imgur.com/NQu6mE2.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on February 01, 2018, 07:37:35 PM
wtf is going on? i've lost 1,000 dollars.

should i just bail on this whole thing? or hold on tight?  :goty2


fucking india
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 07:54:15 PM
BTC is still falling due to any & all FUD and it's dragging almost everything with it. That's what.

I see some technical analysis peeps saying it's going to hit $7K and perhaps even $5K before it bottoms out.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 01, 2018, 08:25:48 PM
heres what you do atra, buy an oz of weed and spend a weekend teaching yourself how to roll a zoot
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on February 01, 2018, 08:28:23 PM
BTC is still falling due to any & all FUD and it's dragging almost everything with it. That's what.

I see some technical analysis peeps saying it's going to hit $7K and perhaps even $5K before it bottoms out.
if it goes back up to 10-11k by tomorrow i'm pulling out and eating the $100 loss. Same with shitty ass litecoin. Ripple, how the fuck did that drop? i had all the confidence in the world in that one. It's costing me $500 right now.

Ether has made me money.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 01, 2018, 08:33:13 PM
sorry you've been reduced to only ~400% gains on your short term investment atra  :doge  ;)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 01, 2018, 09:11:21 PM
BTC is still falling due to any & all FUD and it's dragging almost everything with it. That's what.

I see some technical analysis peeps saying it's going to hit $7K and perhaps even $5K before it bottoms out.
if it goes back up to 10-11k by tomorrow i'm pulling out and eating the $100 loss. Same with shitty ass litecoin. Ripple, how the fuck did that drop? i had all the confidence in the world in that one. It's costing me $500 right now.

Ether has made me money.
once or rather... IF BTC rebounds to $9,600 I'm going to sell most of my alts and probably just sit tight in tether (FUD or no FUD) and wait for BTC to go lower and lower before I buy back in.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on February 01, 2018, 11:03:13 PM
What do I know, but we’re getting closer and closer to equal market cap between ETH and BTC, wasn’t that always going to fuck with the market unless ETH was bullish for months on end?
:money
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 06:01:17 AM
BTC is still falling due to any & all FUD and it's dragging almost everything with it. That's what.

I see some technical analysis peeps saying it's going to hit $7K and perhaps even $5K before it bottoms out.
if it goes back up to 10-11k by tomorrow i'm pulling out and eating the $100 loss. Same with shitty ass litecoin. Ripple, how the fuck did that drop? i had all the confidence in the world in that one. It's costing me $500 right now.

Ether has made me money.
once or rather... IF BTC rebounds to $9,600 I'm going to sell most of my alts and probably just sit tight in tether (FUD or no FUD) and wait for BTC to go lower and lower before I buy back in.
Just woke up... Jesus Fuck...

We'll be lucky if BTC hits 8500 at this point.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 06:56:41 AM
Also, speaking of markets crashing:
https://www.cnbc.com/2018/02/01/some-investors-are-worried-low-volatility-might-be-the-start-of-a-market-crash-heres-why.html
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Cerveza mas fina on February 02, 2018, 08:01:39 AM
Ill buy one at a 1000 and see what happens
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 08:23:55 AM
(https://i.imgur.com/Iz01ipj.png)

"This is good for crypto."
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on February 02, 2018, 08:50:21 AM
So when’s a good time to buy back in lulz
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 08:55:39 AM
Some say in the $7000 range.

Others are saying in the $5000 range.

And some folk are thinking it'll go down to $2000.

So...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 09:44:33 AM
https://twitter.com/galaxybtc/status/959403527595593728
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on February 02, 2018, 11:37:11 AM
One thing I've learned about Crypto. You guys are god awful at visualization of data
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: HardcoreRetro on February 02, 2018, 12:20:08 PM
Time to go back to the real cryptocurrency.

*Starts robbing graves*
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 01:14:01 PM
One thing I've learned about Crypto. You guys are god awful at visualization of data
The more I delve into the crypto space the more I realize that this picture is completely accurate for the community at large:

(https://i.imgur.com/x3WCOk7.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 02, 2018, 01:18:59 PM
Place orders online
Never have to leave house
Claim superiority over normies
Opportunity to stay up late on a computer

Crypto was for neckbeards

In all seriousness one of my major turnoffs about this investment fad is the people who won't shut the living fuck up about it with such an air of superiority that they have it allllllll figured out.

"Oh you put your money in a BANK!? Pssssshht."
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 01:24:06 PM
"Paying your taxes? *pssh* What a normie. Just launder your money through this sketchy Amazon gift card exchange."
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 02, 2018, 02:12:30 PM
"Paying your taxes? *pssh* What a normie. Just launder your money through this sketchy Amazon gift card exchange."

Does schedule 501C apply to crypto? Like can you deduct losses? Because you theoretically have to report every trade even between currencies, right? You could end up with a substantial tax bill, even when losing money, especially if tge wash-sale rules apply.

Edit: you might end up ok at the very end if you take a big loss on your final trade, but theoretically you are realizing a gain or a loss every single trade. And then if you rebuy into that same asset less than 30 days later, you can’t actually deduct the losses...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 02:29:13 PM
Ugh...

I'm probably boned when it comes to taxes.

Eventually I need to get on bitcoin.tax to see how bad the damage is.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on February 02, 2018, 02:29:43 PM
Atra don't worry man. You can afford to HODL until it rebounds so just keep doing that. We all know it's going to eclipse $20k again at some point, it might just not be until late in the year.
Now I just need to dig up my post from months ago when I said I expect it to drop to 7k before rebounding again....

edit: also never forget my dream about ether hitting 6k....that still needs to happen lol
don't let your dreams be dreams
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 02, 2018, 02:41:11 PM
Fuck that tax situation sounds wild. You actually gonna report off chain trades?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 02:53:50 PM
yep... (at least, that's what I keep on hearing)




(https://i.imgur.com/WkBkYac.png)

Uh oh.  :doge

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 03:18:04 PM
https://www.reddit.com/r/Bitcoin/comments/1uccfz/i_am_a_tax_attorney_here_are_my_answers_to_the/

Quote
"#4: What if I exchange my bitcoins for altcoins? Is this a like-kind exchange?

This is a fair question and implicates what is known as a "like-kind exchange." Under Section 1031 of the tax code, exchanges of like-kind property do not trigger recognition of capital gains, and therefore are tax-free. Whether or not bitcoins/altoins are like-kind is uncertain to say the least. As intangible property, bitcoins/altcoins would qualify as like-kind only if they have the same rights, characteristics, and obligations. This is a very difficult test to apply to virtual currency."

So crypto-to-crypto trades are not taxable?  :doge

Fucking American tax laws are a muddled mess.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 02, 2018, 03:24:52 PM
Yeah, I kinda thought like anything else that only realized gains are taxable. But what do I know.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on February 02, 2018, 03:50:57 PM
https://www.reddit.com/r/Bitcoin/comments/1uccfz/i_am_a_tax_attorney_here_are_my_answers_to_the/

Quote
"#4: What if I exchange my bitcoins for altcoins? Is this a like-kind exchange?

This is a fair question and implicates what is known as a "like-kind exchange." Under Section 1031 of the tax code, exchanges of like-kind property do not trigger recognition of capital gains, and therefore are tax-free. Whether or not bitcoins/altoins are like-kind is uncertain to say the least. As intangible property, bitcoins/altcoins would qualify as like-kind only if they have the same rights, characteristics, and obligations. This is a very difficult test to apply to virtual currency."

So crypto-to-crypto trades are not taxable?  :doge

Fucking American tax laws are a muddled mess.
I don't know about you, but I get ALL my tax advice from reddit. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 04:01:24 PM
The CFO at my company is a CPA who happens to be into crypto as well.

I could probably pick his brain about this.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 02, 2018, 04:07:15 PM
u should
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 06:15:30 PM
(https://i.imgur.com/PajawFi.png?1)

The ads I'm getting now.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on February 02, 2018, 06:19:04 PM
Take a trip out west, I’ll smoke you out

#NoHomo

But for real, good that you got a profit Atra: But really, do the stock market instead of Buttcoins.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 06:36:50 PM
https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

 :rage
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 02, 2018, 09:01:06 PM
My deposit from coinbase came early. I feel somewhat whole again. :lawd
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 02, 2018, 11:13:13 PM
https://twitter.com/Reuters/status/959570638443859968
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on February 03, 2018, 02:16:09 AM
I'm sorry for your losses/tax confusions. I'm up and down but overall sitting at 2X (maybe 3X but that remains to be seen) what I started with options trading a couple months ago. It should make you feel better that if you did options trading, I think you would honestly do very, very well and maintain your sanity. I can help you out.

Also I have to admit that this whole thing is probably partially responsible for why my AMD short returned 97% profit in 2 days. Should have invested more than $500.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 03, 2018, 04:11:09 PM
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: chronovore on February 04, 2018, 01:55:32 AM
https://arstechnica.com/information-technology/2018/01/now-even-youtube-serves-ads-with-cpu-draining-cryptocurrency-miners/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 04, 2018, 11:12:28 AM
That's been going on for a while. Look up No Coin if you're using FF.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 04, 2018, 11:37:16 AM
https://hapskorea.com/college-student-commits-suicide-mounting-cryptocurrency-loses/

https://youtu.be/WWJtF4PAtY4

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 04, 2018, 02:31:09 PM
https://twitter.com/officialmcafee/status/959399180111417344

#HODL
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 04, 2018, 06:11:26 PM
 :aweshum :doge goddamn mcafee is a twat
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on February 04, 2018, 06:23:57 PM
Can't wait to see the live-air of him trying to force his dick into his mouth instead of cutting it off to eat it. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 04, 2018, 09:59:56 PM
https://www.reddit.com/r/Bitcoin/comments/7v438b/the_last_3_months_in_47_seconds/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: chronovore on February 04, 2018, 10:07:42 PM
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html

…of possible interest?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 08:09:23 AM
(https://i.imgur.com/raIycpw.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on February 05, 2018, 08:12:25 AM
https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/

Make more DDR4 please :stahp
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on February 05, 2018, 08:45:57 AM
https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/

Make more DDR4 please :stahp

what a completely depressing waste. semen responsive dragon themed cyberdildonics would do more for civilisation.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 09:25:55 AM
(https://i.imgur.com/OqWFB44.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 05, 2018, 10:47:45 AM
Oh man

A bunch of 4chan beardos are losing money after maxing out their amazon credit cards

That sucks
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 11:49:57 AM
Did some quick calculations with my current holdings and assuming the crypto market recovers and goes on a similar bull run like it did in 2017

I'll have somewhere in the range of $83K to $478K (dat exponential growth curve) by the end of 2018

OR if things go really really well $1,180,000.  :gladbron

And if things don't go well... $7000 or less.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on February 05, 2018, 12:23:09 PM
Glhf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on February 05, 2018, 12:53:57 PM
Is there a way to short bitcoin? I assume that a recession is starting and people will stop investing as much (could be wrong of course).

In that case the first thing they would pull out of is the most volatile securities.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 01:11:17 PM
Some exchanges allow shorting. The most common one I see mentioned is Bitmex.

But I personally wouldn't fuck with shorting when it comes to crypto because of how chaotic it is.

Hell, there's even a twitter bot account that tweets liquidations on Bitmex because so many people get fucked trying to short Bitcoin.  :doge
https://twitter.com/bitmexrekt?lang=en
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on February 05, 2018, 01:13:47 PM
Right now no but in December??

Mebbe
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on February 05, 2018, 01:44:20 PM
Did some quick calculations with my current holdings and assuming the crypto market recovers and goes on a similar bull run like it did in 2017

I'll have somewhere in the range of $83K to $478K (dat exponential growth curve) by the end of 2018

OR if things go really really well $1,180,000.  :gladbron

And if things don't go well... $7000 or less.  :doge
So, what you're saying is, either you'll be really rich broke. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 01:46:46 PM
Yes.  :doge

Also, in hindsight, I really should've cashed out my initial investment a lot sooner. I would've been so much less worried about fucking up trades if I did.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 05, 2018, 01:58:08 PM
Did some quick calculations with my current holdings and assuming the crypto market recovers and goes on a similar bull run like it did in 2017

I'll have somewhere in the range of $83K to $478K (dat exponential growth curve) by the end of 2018

OR if things go really really well $1,180,000.  :gladbron

And if things don't go well... $7000 or less.  :doge
So, what you're saying is, either you'll be really rich broke. :doge

Also potentially somewhere in between.

Also, yes, options trading in crypto sounds insane. Even if th ruling term trend is up or down, the volatility is so high you could easily get fucked having to cover an option that would’ve have paid big bucks the day before it expired.

Unless you are trading options on margin, I would highly recommend that.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 02:16:23 PM
(https://i.imgur.com/aGXf5O8.gif)

So. Much. Red.  :doge



http://boards.4chan.org/biz/thread/7329609
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on February 05, 2018, 02:36:08 PM
wonder what will be worth more in six months, a bitcoin or a tulip?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on February 05, 2018, 02:47:26 PM
So who’s buying at 5k? Looks like it’s tryna get there
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on February 05, 2018, 02:59:51 PM
So who’s buying at 5k? Looks like it’s tryna get there

same people who bought at 14k, 10k and 8k.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 03:04:24 PM
https://qz.com/1196866/bitcoin-prices-could-be-40-lower-because-tether-propped-it-up/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on February 05, 2018, 03:22:50 PM
It's all about the long term game, although if I'm nearing my original deposit I might bail from this train.

TFW dumb sheeple keep to their easily hacked and corrupt banks as opposed to embrace digital dystopia.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on February 05, 2018, 03:32:37 PM
Holy shit the whole market is fucked.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 05, 2018, 03:52:37 PM
This shit is hilarious to watch.

2017
"At last, deregulated cryptocurrencies to safely make money without the involvement of the evil governments and banks :snob"

2018
"OMG SCAMMERS EVERYWHERE EVERYTHING IS CRASHING DOWN PLZ HALP :stahp"
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 03:56:42 PM
The invisible hand of the free market strikes again.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on February 05, 2018, 04:03:52 PM
Now it's time for the invisible dick of the free market to get up in them guts.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 05, 2018, 04:10:04 PM
(https://abload.de/img/265uxr09.jpg)

:umad
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on February 05, 2018, 04:20:44 PM
It's going back up to 20k in a week guys, all's good\
 Edit: Is [img width=]http://not working anymore?
Quote
(http://i.imgur.com/UHljt7l.jpg)
(http://i.imgur.com/bkz0Mcc.jpg)
(http://i.imgur.com/6LB6B7K.png)
(http://i.imgur.com/Yjw5fmM.png)
spoiler (click to show/hide)
(http://i.imgur.com/VxQviUh.png)
[close]

$1 Million by 2020, I heard.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on February 05, 2018, 04:23:05 PM
Atra are you OK?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on February 05, 2018, 04:43:36 PM
Wait until it comes out that some bigger sell orders were filled ahead of other much smaller and more numerous orders.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 04:53:56 PM
Atra are you OK?
(https://i.imgur.com/htIvCs8.png)

Could be worse.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 05:02:34 PM
(https://i.imgur.com/bv3zsYt.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 05:05:23 PM
(https://i.imgur.com/K2DH11N.png)

STAHP!  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on February 05, 2018, 06:00:38 PM
https://techcrunch.com/2018/02/05/visa-and-mastercard-make-it-harder-to-buy-bitcoin-and-other-cryptocurrencies/

oh no
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 06:14:54 PM
(https://i.imgur.com/LGclMRM.png)

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 05, 2018, 06:35:18 PM
https://techcrunch.com/2018/02/05/visa-and-mastercard-make-it-harder-to-buy-bitcoin-and-other-cryptocurrencies/

oh no

I love the spin in that article. You can’t typically buy stocks and bonds on a credit card, either... and if you do, it’s a, ahem, cash advance. The next step is that Coinbase et al will set up something akin to a brokerage account.

It’s less of a “sign of the fear. Of the establishment” as it is “treating Crypto like any other investment”.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on February 05, 2018, 06:58:26 PM
Market correction :rejoice

Of course I mean about the actual market. Crypto is going to implode.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on February 05, 2018, 08:52:27 PM
BUY BUY BUY

Will be at least 30k by end of 2019
Remember this post
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 08:59:21 PM
I think it could easily hit 50K end of this year. And possibly 100k next year.

We shall see...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on February 05, 2018, 09:55:37 PM
Cryptocurrencies were going to crash, either due to the market itself or when the SEC inevitably regulates it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on February 05, 2018, 10:01:24 PM
Sorry Atra but I'm not going to listen to a huckster who's gone all-in on snake oil telling me snake oil's gonna go 7x in ten months. :doge

I'd only listen to Kara's thoughts on the subject tbh.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 10:15:38 PM
Okay, I’ll admit I’m essentially gambling with my remaining profits. It could all go to zero for all I know.

But now that I no longer have my hard earned $7500 from my wagecuck job in crypto I can sleep easy (finally) and focus on other, more meaningful stuff that I want to do.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 05, 2018, 10:37:42 PM
Poor /biz/
http://boards.4chan.org/biz/thread/7351592
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on February 05, 2018, 10:43:53 PM
I'll buy one BTC if it ever gets down to $1k or less.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: recursivelyenumerable on February 05, 2018, 10:56:22 PM
I made a ton of imaginary money shorting bitcoin on the exchange's practice ticker, also successfully timed a few altcoin bubbles.

 :bow imaginary money :bow2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 05, 2018, 11:33:33 PM
Okay, I’ll admit I’m essentially gambling with my remaining profits. It could all go to zero for all I know.

But now that I no longer have my hard earned $7500 from my wagecuck job in crypto I can sleep easy (finally) and focus on other, more meaningful stuff that I want to do.  :doge

"Essentially"   :foodcourt
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on February 06, 2018, 01:07:43 AM
Dang my dad lost over $50k in the last couple days and is back where he was a couple months ago. This is a correction we needed but it's painful. And exciting in a way.

Mr. Will, please just find a nice Carolinean chick and convert your greed into lust for the winter. If we are in a bear market, who the fuck is going to buy crypto coins? For the next few months the only way to make money (that I know of) is to buy shorts during the small windows when there's an uptick since the overall trend is downwards. It seems like it'll be that way until there's ~20% loss (in stocks not crypto).

People are trying to barely cover their ass right now, they're not going to buy exotic shit unless they're a permatose virgin dumping mountain dew onto an algorithm. You can't compete with those people.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 06, 2018, 02:37:56 AM
:drudge sub-6k :drudge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 06, 2018, 05:19:46 AM
I’m not fucking selling back into fiat just so I lose another chunk to taxes and then get pissed as crypto recovers & fomo back in.

Hell, this is where I would start buying a bunch of shit.

It’s all icing at this point. My cake is safe and sound in my checking account.

edit: a sign that things are going to reverse is that trading volume is gradually starting to increase for BTC. Which means more people are willing to stick their necks out to buy these dips from the weak hands.

$5K is a strong support. Anything below that and people are going to start dumping shit loads of money into BTC.

edit:
And around $5K is essentially where I started this journey  :doge :
I want to get in on this tulip craze.

Can someone send me a bitcoin to get started?
No but now is a great time to buy. The price plummeted yesterday and is still rather low today.

End of October/beginning of November it'll probably go past 6000 USD again if my charts are to be believed. 

(https://i.imgur.com/XDOlf3M.png)

edit:
Or maybe wait for it to pull back 30% and then buy.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 06, 2018, 08:01:58 AM
(https://i.imgur.com/dpITXz0.png)

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 06, 2018, 08:40:17 AM
http://boards.4chan.org/biz/thread/7373886/v-here
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on February 06, 2018, 08:53:56 AM
https://np.reddit.com/r/Buttcoin/comments/7vmx0w/its_already_happening_gpu_market_is_about_to_get/
The listing: https://chicago.craigslist.org/chc/sop/d/used-evga-1060s-1070-gpus/6485846117.html

https://np.reddit.com/r/Buttcoin/comments/7vkrk7/and_the_returns_have_already_begun_one_person_and/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: team filler on February 06, 2018, 08:58:04 AM
 :gladbron :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on February 06, 2018, 09:25:27 AM
https://twitter.com/GrrrGraphics/status/960713592034099200

:heh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 06, 2018, 04:41:29 PM
https://twitter.com/Reuters/status/960990266193715200
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on February 07, 2018, 09:52:04 PM
CoinDesk Releases 2018 Bitcoin and Blockchain Industry Report (https://www.coindesk.com/coindesk-releases-2018-bitcoin-blockchain-industry-report/)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 08, 2018, 09:41:44 AM
I'm not going to jinx myself and say things are looking up but... let's just say I'm cautiously optimistic right now.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on February 08, 2018, 01:38:23 PM
Quote
When Senator Mark Warner, who expressed more familiarity with the area than most of his peers, criticized the patchwork nature of regulation that allowed Bitcoin futures while still blocking ETFs, calling for a more “coordinated effort” among regulatory bodies, both witnesses were quick to agree. In doing so Warner offered a bullish vision. “The potential writ large amongst crypto assets and the underlying blockchain could be as transformational as wireless was years ago. I think we’re going to need a much more coordinated effort,” Warner said.
TOTALLY NOT INSIDER TRADING
Can't be insider trading in the market if there's no regulation on your market.
:rollsafe
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 08, 2018, 02:48:52 PM
Even a dead cat bounces. Maybe even twice.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 08, 2018, 02:57:34 PM
https://twitter.com/markets/status/961226120157974529

Quote
"The cryptocurrencies may simply be a mechanism for a transfer of wealth from the late-comers to the early entrants and nimble traders," the authors, Carey Caginalp and Gunduz Caginalp, said in the paper published Wednesday.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on February 08, 2018, 03:56:29 PM
https://twitter.com/markets/status/961226120157974529

Bitcoin is going to evolve into meaningful human relationships?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on February 08, 2018, 04:05:39 PM
https://twitter.com/markets/status/961226120157974529

Quote
"The cryptocurrencies may simply be a mechanism for a transfer of wealth from the late-comers to the early entrants and nimble traders," the authors, Carey Caginalp and Gunduz Caginalp, said in the paper published Wednesday.
So, just like the real market?
 :thinking
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 08, 2018, 04:36:35 PM
Nimble traders, aka the McAfee twitter scraper and margin trading bots :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 08, 2018, 04:52:54 PM
fuckin binance tying up my funds, either they got hacked bigly, they fucked up their site (they migrated from Rackspace late last year, now they're sitting in AWS, haven't got cloudflare anymore, and lookin thru they dns records no WAF), or they're scamming their userbase. likely all of the above. imo the most fucked thing about crypto right now is how reliant on off the chain exchanges we are, the exchanges own nearly everyone's private keys for their currency. completely circumvents the point of this shit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 08, 2018, 04:55:48 PM
anyone got invites for bittrex lmao (they're taking select invitees and corporate customers now)  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on February 08, 2018, 07:29:47 PM
make a reddit thread and hope it gets traction
ive noticed multiple cases of people being unable to withdraw funds from an exchange or being ignored but then their friend gets to the front page and magically their issue gets resolved
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 08, 2018, 08:03:35 PM
https://twitter.com/officialmcafee/status/961765313644810240
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 09, 2018, 11:26:35 AM
(https://i.imgur.com/tY3FaaB.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: jorma on February 10, 2018, 12:39:19 PM
I only buy bitcoin when i want to order weed on the internet.

The portion of my savings i want to gamble with is filled with canadian weedstocks.

I'm going to be able to afford all the hookers and blow i want after i retire.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: demi on February 10, 2018, 12:45:33 PM
When you buy weed over the internet, how do they send it?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: jorma on February 10, 2018, 12:55:57 PM
When you buy weed over the internet, how do they send it?

I get it in my mailbox 2 days later. It's pretty sweet.

But expensive as fuck, because illegal.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on February 10, 2018, 12:57:49 PM
Where do you live?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: jorma on February 10, 2018, 01:00:29 PM
Where do you live?

Sweden. Aka the last country on earth that will legalize. Feelsbadman.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on February 10, 2018, 01:42:00 PM
When you buy weed over the internet, how do they send it?

I get it in my mailbox 2 days later. It's pretty sweet.

But expensive as fuck, because illegal.

I have a friend who used to do this until one time he ended up being shipped a shit load of heroin by accident.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on February 10, 2018, 01:44:30 PM
Huh, I'd have assumed it was easier to come by than that. At least you can count yourself amongst the few cryto users to actually exchange some for irl goods  :yeshrug
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: jorma on February 10, 2018, 01:52:08 PM
When you buy weed over the internet, how do they send it?

I get it in my mailbox 2 days later. It's pretty sweet.

But expensive as fuck, because illegal.

I have a friend who used to do this until one time he ended up being shipped a shit load of heroin by accident.

Heh. I only use vendors who specialize in weed, so i'm not that worried. Would prefer a legal vendor obviously but not much i can do about that.

Quote
Huh, I'd have assumed it was easier to come by than that. At least you can count yourself amongst the few cryto users to actually exchange some for irl goods  :yeshrug

Eh, i mean it's just as easy as ordering anything off the internet. Not sure how it would get any easier without being legal?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 12, 2018, 08:48:21 AM
http://boards.4chan.org/biz/thread/7586406/any-one-else-a-high-school-dropout

edit: wtf... some trigger happy mod deleted the thread. ugh.  :-\

meanwhile anons are posting women's butts and brap posts nonstop and those threads stay up forever.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on February 12, 2018, 10:54:37 AM
https://twitter.com/HowellONeill/status/963075607004200960
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on February 12, 2018, 11:04:56 AM
All cryptocoins are shitcoins.

Also looking forward to all the people underreporting their shitcoin trades and getting ravaged by the IRS :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on February 12, 2018, 11:07:29 AM
BitGrail, more like BitFail.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 12, 2018, 11:12:22 AM
More like shitfail

get with it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on February 12, 2018, 11:17:03 AM
Sorry, I was trying to leave some joke for somebody else.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: chronovore on February 12, 2018, 11:58:32 PM
http://www.bbc.com/news/technology-43030677

You bastards are ruining Yurop.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 13, 2018, 06:01:36 AM
http://www.bbc.com/news/technology-43030677

You bastards are ruining Yurop.

200 grands for a penguin plushtoy? That BBC guy got scammed big time. Cryptocurrencies lulz.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 13, 2018, 06:55:38 AM
(https://i.imgur.com/nRPF0qO.png)
https://www.burst-coin.org/

Soon everyone will have to use Burst due to it being much more energy efficient than most (if not all) crypto currencies. I'm currently holding about 168K of these. The coin just has to hit $10 and I'll be a millionaire. :smug
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on February 14, 2018, 08:59:05 AM
https://twitter.com/edzitron/status/963568415553105920
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on February 14, 2018, 09:05:01 AM
I'd suggest some caution today for you crypto-nerds. Inflation report was a bit higher than expectations which was the catalyst for the big stock sell-off at the beginning of this month (when bitcoin also fell from $12,000 to $7,000).

The minute the report came out, stock futures plummeted which is hopefully good for my all-shorts position but mysteriously, bitcoin got pumped up from $8,800 to $9,200 at the same time. Although a 5% jump might be nothing by crypto standards and maybe that's manipulation by a whale to suck in some buyers?

I don't know what this means, besides that I deserve credit for warning you all that something good/bad might happen today.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on February 14, 2018, 10:46:03 AM
Thats why i've decided to invest my future in fake currencies like the iraq squibby and Zimbabwe dollie dollie bill

get on my level cyrptonerds
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 14, 2018, 01:57:52 PM
something good/bad might happen today.

 :ohhh :mindblown :badass
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 14, 2018, 02:12:28 PM
Man, litecoin is climbing up after doing nothing but bleed for weeks.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on February 14, 2018, 11:06:14 PM
https://www.coindesk.com/salon-offers-users-choice-between-ads-and-mining-monero/

Quote
Digital media publication Salon is offering its visitors an alternative to traditional online ads: allowing the site to use their computer processing power to mine cryptocurrency.

I'm kind of surprised clickbait farms haven't been doing this already
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on February 15, 2018, 12:31:10 AM
Man, litecoin is climbing up after doing nothing but bleed for weeks.  :doge

I read that it's getting pumped because of some fake fork scam. But then again, other coins are climbing too.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on February 15, 2018, 09:54:57 PM
How bout that Coinbase huh?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 15, 2018, 10:02:10 PM
https://mobile.twitter.com/coinbase/status/964316171934711808?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 15, 2018, 11:48:42 PM
They’re definitely full of shit.  Visa has a pretty good track record of not  fuck g randomly charging people multiple times.

They may not be doing it “on purpose “ but something is fucked up with their shit.

Also the whining about cash advance is dumb. Nobody is going to let cc companies buy bitcoin as normal purchases for like m this point forward. Fraud risk is too high. I work in financial services we are getting ready to just blanket declne all crypto trxns. I doubt we are the only one.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 16, 2018, 12:23:23 AM
Some would argue that the old guard of the finance/banking world are quaking in their boots due to crypto and are doing everything in their power to halt its growth.

There are plenty of scams or just flat out dogshit vaporware projects but there are also some technological gems that will revolutionize everything under the sun.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 16, 2018, 12:43:47 PM
https://twitter.com/jeffgerstmann/status/964555636473184256
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 16, 2018, 01:56:44 PM
Some would argue that the old guard of the finance/banking world are quaking in their boots due to crypto and are doing everything in their power to halt its growth.

There are plenty of scams or just flat out dogshit vaporware projects but there are also some technological gems that will revolutionize everything under the sun.

Like “the automation of everything”, I will believe it when I see it.

Technically, there are some things that COULD be revolutionized by blockchain, but when I ask for examples people are like “think how much more efficient it could be to transfer your car title!” While this is probably interesting for banks that make a lot of auto loans, and maybe state governments, it’s not really revolutionary. Others are like “verifying that a luxury good is real”

These are certainly interesting ideas, but don’t seem like they will change the world.

The ideas I here that seem like they have more potential are things like M&A deals and verifying personal identity.

But I’m skeptical that the reason M&A deals are slow is because we can’t do the paperwork fast enough. Im not convinced that Blockhain will appreciably speed up resolving the underlying legal issues.

And if the idea of “personal verification” through blockchain is “well, you’ll have a private key you will remember to prove that it’s you...”

 :beli
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 16, 2018, 04:46:47 PM
Some would argue that the old guard of the finance/banking world are quaking in their boots due to crypto and are doing everything in their power to halt its growth.

There are plenty of scams or just flat out dogshit vaporware projects but there are also some technological gems that will revolutionize everything under the sun.

 :doge

Hmm. Ethereum seems the most promising platform so far, like it might end up being one of the googles or yahoos of this bubble, though all the DApps using ether tokens ive seen so far are either too enigmatic for me to understand, or hollow re-interpretations of existing tech 'decentralised' and/or poor facades for hollow ideas looking for a quick buck. Cardano seems fairly legit and interesting as a platform too, but for eth/ada etc to work there needs to be some killer app other than crypto itself right? I really have no idea how stuff like TRON and IOTA get so much traction, they are such obvious trash.

It's gotten to the point where there's so much scamming, bluster and high concept shit talk around everything my faith anything legit will come out of this for a long time is low. Currently it's just a financial market bubble, the main drive of it to keep being a bubble. Little more than a giant, obtuse ponzi scheme, and the only reason it stays afloat is because of hype and a flow of new money constantly entering the market.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on February 16, 2018, 04:50:44 PM
Some would argue that the old guard of the finance/banking world are quaking in their boots due to crypto and are doing everything in their power to halt its growth.

There are plenty of scams or just flat out dogshit vaporware projects but there are also some technological gems that will revolutionize everything under the sun.

(https://steemitimages.com/0x0/https://media1.tenor.com/images/1e2c953dafc624a89111c7b23a68fe3a/tenor.gif?itemid=8419985)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on February 16, 2018, 05:32:29 PM
Some would argue that the old guard of the finance/banking world are quaking in their boots due to crypto and are doing everything in their power to halt its growth.


 :neogaf :mindblown you serious?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on February 16, 2018, 05:46:36 PM
Some would be 🤷‍♀️
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 16, 2018, 06:45:12 PM
 :shaq
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 16, 2018, 09:18:23 PM
Checked my Bittrex balance today. Nice to see some green again.
(https://i.imgur.com/DhTWOnG.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 16, 2018, 10:08:47 PM
im still loosely following metalpay 
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on February 18, 2018, 02:41:10 PM
Checked my Bittrex balance today.

I still can't sign up to Bittrex, this is ridiculous. There's no way for an invite from someone that already has an account?

I really want to drop serious bread into Ripple. I was thinking of dropping thousands at .60 cents but i couldn't get a fucking account. I would have doubled my money when it hit $1.20 yesterday.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 18, 2018, 03:01:05 PM
Checked my Bittrex balance today.

I still can't sign up to Bittrex, this is ridiculous. There's no way for an invite from someone that already has an account?

I really want to drop serious bread into Ripple. I was thinking of dropping thousands at .60 cents but i couldn't get a fucking account. I would have doubled my money when it hit $1.20 yesterday.

Bitstamp -> Binance works for me
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on February 18, 2018, 03:01:41 PM
Checked my Bittrex balance today.

I still can't sign up to Bittrex, this is ridiculous. There's no way for an invite from someone that already has an account?

I really want to drop serious bread into Ripple. I was thinking of dropping thousands at .60 cents but i couldn't get a fucking account. I would have doubled my money when it hit $1.20 yesterday.

Bitstamp -> Binance works for me

have you pulled your money out with ease? this isn't some scam is it?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 18, 2018, 03:11:30 PM
Yes I have successfully deposited and withdrawn cash. Will it all end up being a scam, er, idk. But I can confirm the site currently works as advertised, and you can directly buy XRP.

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Collective investment schemes in securities are generally medium to long term investments
The value of participatory interests may go down as well as up and past performance is not necessarily a guide to the future
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[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 18, 2018, 04:57:24 PM
You guys ready for the next bitcoin meltdown?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 18, 2018, 05:23:41 PM
You guys ready for the next bitcoin meltdown?

Something happening?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 19, 2018, 12:43:47 PM
http://boards.4chan.org/biz/thread/7773242#p7777777

ChainLink going on a tear recently.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 19, 2018, 04:35:00 PM
https://www.youtube.com/watch?v=e5nyQmaq4k4
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 19, 2018, 04:52:19 PM
https://twitter.com/sseagalofficial/status/965898618443051008

spoiler (click to show/hide)
Yes, it's another scam eth token
edit, updated link  :doge
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 19, 2018, 05:51:40 PM
Green Wojack Season

(https://i.imgur.com/PNZBMIZ.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on February 20, 2018, 01:49:23 PM
http://store.steampowered.com/app/768750/MonteCrypto_The_Bitcoin_Enigma/

Quote
One Bitcoin for the first to solve all 24 enigmas!
The first to solve all the enigmas and find the password will be able to access the Bitcoin that is hidden in Montecrypto.

Montecrypto: The Bitcoin Enigma will launch on Steam tomorrow, February 20th at the following times:

08:00 PST / 11:00 EST / 16:00 GMT
:doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on February 20, 2018, 11:49:26 PM
You guys ready for the next bitcoin meltdown?
Um now i look at my account and it's dropping... care to share?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Akala on February 21, 2018, 07:43:25 AM
That is next level  :lol

*edit*

Thinking on, valve would squash that instantly yeah?

I wonder if people get all  :hans1 about stuff like SETI, folding, any other shared processing thing.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on February 21, 2018, 10:11:39 AM
It turns out it might even be a fucking bitcoin miner.  :rofl

I didn't even consider that there'd be multiple levels of fuckery, just that the BTC (or winner) is imaginary. Might as well put a fucking miner in there, too. :betty

Not seeing a lot of compelling evidence so far, though.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on February 21, 2018, 02:45:14 PM
(http://i.imgur.com/CzWaYPa.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 24, 2018, 01:39:13 PM
https://twitter.com/lykke/status/966961094970494976
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on February 24, 2018, 08:50:40 PM
.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on February 24, 2018, 08:51:26 PM
Lol now I have friends that have no idea what they are doing throwing thousands in it

So dumb
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 25, 2018, 12:05:20 AM
https://www.youtube.com/watch?v=tMkxg923St8
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 25, 2018, 02:16:50 PM
You guys ready for the next bitcoin meltdown?
Um now i look at my account and it's dropping... care to share?


No  :marimo
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: samir on February 25, 2018, 02:18:53 PM
If I owned bitcoin I would sell it all ASAP. Shit's about to go down
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on February 25, 2018, 03:35:35 PM
I need ether to hit 1500 for christ sakes so i can pay off all my credit cards and call this shit a day.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 25, 2018, 03:44:13 PM
 :dunno

You used credit to purchase crypto? oh boy.

There will always be more opportunities to make some $. Get a jerb and pay off ur debts responsibly ffs.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on February 25, 2018, 03:57:01 PM
:dunno

You used credit to purchase crypto? oh boy.

There will always be more opportunities to make some $. Get a jerb and pay off ur debts responsibly ffs.
No, i did not dickboy.

I put in some money, and i would consider it a win if i could take that money and pay off my cards. That was my goal getting into it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 25, 2018, 04:31:33 PM
Lol, yeah sorry that was def some misplaced and unnecessary concern :doge I get a lil shook thinking about people actually having skin in this game, i hope it works out.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on February 25, 2018, 04:50:29 PM
Remember the dude that used to dress up like the riddler and do infomercials back in the 90s?

https://cointelegraph.com/news/free-money-guy-matthew-lesko-says-crypto-are-gamble-scam

Edit: right thread.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 25, 2018, 10:23:29 PM
http://boards.4chan.org/biz/thread/7957535

Could someone screenshot the OP.  :doge

I’m about to go to bed.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on February 25, 2018, 10:26:11 PM
Hang in there Atra
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on February 26, 2018, 01:24:24 PM
(https://i.imgur.com/FNj7ytQ.jpg)
"u mad, bro?"
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on February 26, 2018, 03:32:10 PM
https://twitter.com/k_morrissey/status/967607295956758528
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on February 26, 2018, 04:42:49 PM
I'm still convinced that bitcoin inventor japanese mysterious dude is the board of Nvidia. All according to keikaku.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on February 26, 2018, 04:43:35 PM
(https://i.imgur.com/FNj7ytQ.jpg)
"u mad, bro?"

Is that actually a crypto miner? We had arrays of nvidia gpus like that in the comp sci faculty, but they were for analysis of light patterns from stars looking for gravitational lensing to map stars behind stars, and there's lots of other uses for gpu CUDA processing arrays. nearly all a pointless waste of electricity imo, depending on your perspective.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on February 26, 2018, 06:09:08 PM
https://twit ter.com/k_morrissey/status/967607295956758528
This explains the joke blockchain pretty well.
https://www.youtube.com/watch?v=bBC-nXj3Ng4
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on February 26, 2018, 06:58:09 PM
https://www.youtube.com/watch?v=tMkxg923St8

... what?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Syph on February 26, 2018, 11:31:57 PM
I'm still convinced that bitcoin inventor japanese mysterious dude is the board of Nvidia. All according to keikaku.
(keikaku means plan)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 02, 2018, 11:08:26 PM
(https://i.imgur.com/YaCwiQw.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on March 02, 2018, 11:43:00 PM
Enough with the memes, Jesus
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 03, 2018, 12:13:50 AM
oh, I’m sorry mister I work at my fucking dream job at such such (((big media))) company.

Memes/shit posts give me little dopamine hits so I don’t fucking lose my shit while wagecucking my life away.

I should’ve never gone into graphic design... such a fucking joke of a career
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on March 03, 2018, 12:47:03 AM
oh, I’m sorry mister I work at my fucking dream job at such such (((big media))) company.

Memes/shit posts give me little dopamine hits so I don’t fucking lose my shit while wagecucking my life away.

I should’ve never gone into graphic design... such a fucking joke of a career

(https://media.giphy.com/media/SCtQy1oQu28ta/giphy.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TEEEPO on March 03, 2018, 01:59:00 AM
im rooting for you atramental
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 03, 2018, 01:40:38 PM
In other news: I may have to cash out a good chunk of my crypto profits if I end up owing a lot in taxes for all of my crypto to crypto trading in late 2017...

And then cashing out those profits will mean I'll owe more taxes next year...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on March 03, 2018, 03:41:28 PM
Why don’t you start taking hentai commissions?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 03, 2018, 04:10:06 PM
The thought has crossed my mind.

I also hear it’s a total shitshow as far as getting paid and creating material that no sane person would ever create and/or fap to.

I have to wonder if that guy who draws WW2 planes and tanks getting creampied enjoys what he does...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on March 03, 2018, 04:17:21 PM
That’s a combination of words that google does not recognize as being valid.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on March 03, 2018, 04:41:05 PM
You probably joking but towards the end of gafhop we had a new member who im pretty sure makes a living off his hentai. I'm talking pirate wolves with giant dicks fucking big titty anime bitches hentai here, futanari, the works. No pulled punches. I can link you his twitter/tumblr if you want, pm.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 03, 2018, 04:50:29 PM
Sure. Send me a link.  :doge

I’m not sure if it’s the same guy but I do remember someone on GAF who had sailor moon avatar (which he illustrated) and it was cropped to not show her getting rammed up the vag with her wand.  :doge

And despite the subject matter of his work he was fairly skilled.

That’s a combination of words that google does not recognize as being valid.
I know I've seen an airplane's vulva dripping with cum at one point in time. One does not forget such images. :doge

I don't think this is the same artist (yes, there's more than one of these fuckers out there) but it's definitely in the same genre.  :doge

 :nsfanyone
spoiler (click to show/hide)
https://e-hentai.org/s/62e8e3ff76/690572-1
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TEEEPO on March 03, 2018, 06:57:44 PM
nazi's don't age discriminate
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on March 06, 2018, 09:38:48 AM
Ripple and Coinbase guys appearing on CNBC today. What's this for? Could Ripple be coming to Coinbase?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on March 06, 2018, 10:22:05 AM
Too obvious
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on March 06, 2018, 10:32:54 PM
oh, I’m sorry mister I work at my fucking dream job at such such (((big media))) company.

Memes/shit posts give me little dopamine hits so I don’t fucking lose my shit while wagecucking my life away.

I should’ve never gone into graphic design... such a fucking joke of a career

:lol

i laugh, but i want to slap you

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on March 07, 2018, 12:37:24 PM
Update

Not rich yet
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on March 07, 2018, 12:51:38 PM
rich is not an end point, it's a side effect
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on March 08, 2018, 05:14:50 PM
https://twitter.com/StockTwits/status/971849692056342534
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on March 08, 2018, 06:30:47 PM
https://twitter.com/StockTwits/status/971849692056342534

And ETH keeps fucking dropping
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on March 08, 2018, 06:52:22 PM
...

What happens when you have a typo in that 250 character string of randomness that they call a smart contract?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 08, 2018, 06:56:11 PM
From what I understand: it disappears into pure nothingness or some lucky person with that address gets a fuckload of free crypto.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on March 12, 2018, 12:51:48 PM
https://www.youtube.com/watch?v=g6iDZspbRMg

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 12, 2018, 01:17:20 PM
Thank fuck I didn't buy EOS.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 12, 2018, 06:29:19 PM
https://youtu.be/3PaNc5rdGZQ

https://youtu.be/lD9KAnkZUjU
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on March 17, 2018, 11:11:26 PM
yeah, so two times i didn't pull out when i was profiting nicely, now i've lost more than half of what i put in, fuck the profits, i'm not even close to breakeven.

I pulled out to save some face. If it drops much lower i'll go back in.

 :picard
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 18, 2018, 01:57:41 AM
I’m down to $9K now...

And I’m finally paying my taxes tomorrow. If I end up having to owe more money than I have right now in crypto I’m calling it quits.

I’m not cut out for this nonsense.

I’ll be fucking furious if I end up owing more than $10K in crypto taxes at this point due to all the trading I was doing at the end of 2017 with 30K to up to 50K in profits that all vanished in TWO fucking weeks in 2018.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on March 18, 2018, 05:35:10 AM
I mean, I warned you guys.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: samir on March 18, 2018, 05:40:49 AM
(http://i.imgur.com/GH6NHZQ.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on March 18, 2018, 05:48:42 AM
I’m down to $9K now...

And I’m finally paying my taxes tomorrow. If I end up having to owe more money than I have right now in crypto I’m calling it quits.

I’m not cut out for this nonsense.

I’ll be fucking furious if I end up owing more than $10K in crypto taxes at this point due to all the trading I was doing at the end of 2017 with 30K to up to 50K in profits that all vanished in TWO fucking weeks in 2018.

I don't think you are accountable on a trade by trade basis for anything pre-2018. Furthermore you lost money, were you trading a lot in 2018? You didn't fiat anything did you?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on March 18, 2018, 09:50:38 AM
you have to question whether my four days of crypto research and resulting TA predicted of all this, or caused it.

enjoying seeing ETH wiping its dirty ass all over the place and minetards making less money than the average person finds on the floor.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on March 18, 2018, 09:58:02 AM
Some would argue that the old guard of the finance/banking world are quaking in their boots due to crypto and are doing everything in their power to halt its growth.

...and I would have pulled it off too if it wasn't for you meddling taxes !
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 18, 2018, 02:09:23 PM
I'm fucked.  :snoop

edit: I feel so sick right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on March 18, 2018, 02:16:02 PM
How so?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on March 18, 2018, 02:22:30 PM
(https://i.imgur.com/y8wKQlr.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on March 18, 2018, 02:25:12 PM
Also, after I hit $50K I won't be showing my gains anymore. Eventually I'm going to have so much money that some unsavory people who lurk here might want a piece of my pie.

:thinking
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on March 18, 2018, 02:27:49 PM
(http://i0.kym-cdn.com/photos/images/newsfeed/000/232/636/56c.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on March 18, 2018, 02:48:05 PM
Just don’t pay taxes on that stuff duh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on March 18, 2018, 02:48:25 PM
It’s only illegal if you’re caught
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on March 18, 2018, 05:30:45 PM
(https://i.redd.it/8fyywtec8jm01.jpg)

Just be like Patrick, Atra. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on March 18, 2018, 05:33:25 PM
i bought back in at $450 it's at $535

let's goooooo. soon as i'm breakeven or up a slight bit i'm FUCKING OUT

you gotta admit the rollercoaster is fun. HOWEVER

Atramental not pulling 50k, or at least half out and investing into a property or something is bananas level stupid dude.

You could have had a rental property pulling in income for LIFE you tard.  :doge (talking as if i'd had done so myself)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: agrajag on March 18, 2018, 05:41:43 PM
Don't file the cryptos on your taxes Atra, most crypto traders aren't
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Yeti on March 18, 2018, 08:13:14 PM
Also, after I hit $50K I won't be showing my gains anymore. Eventually I'm going to have so much money that some unsavory people who lurk here might want a piece of my pie.

:thinking

Atra, I'll still want a piece of your pie even after you're broke and living in a gutter.  :-*
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on March 19, 2018, 12:59:00 PM
Atra you pulled out your initial investment right? So you're effectively 9k up (minus taxes). Effectively you can start this year fresh with a little bit more money and a lot more knowledge than you had last year.

But be warned, there will eventually (keyword) be no moon shots. It's all going to be small swings like the stock market as every wannabe with a finance degree is going into it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on March 19, 2018, 01:19:24 PM
How so?

My guess is that he realized gains every time he traded from one crypto to another. And the net of that means he actually owes money on crypto he doesn’t currently have.

That said he SHOULD have been able to cash out completely and realize all of his losses and been square, but i think he would have had to do so last year.

Of course I’m making an implicit assumption that taxes on crypto is similar to taxes on stocks. I could be way wrong.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on March 19, 2018, 01:31:36 PM
https://twitter.com/KrangTNelson/status/975768255389470722
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on March 19, 2018, 02:13:01 PM
The BTC bloodbath continues :'(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on March 20, 2018, 11:28:32 AM
Child Abuse Imagery found within bitcoin's blockchain (https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on March 20, 2018, 12:23:55 PM
:jared
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on March 20, 2018, 02:09:01 PM
Child Abuse Imagery found within bitcoin's blockchain (https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content)

Fucking neckbeards.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on March 20, 2018, 02:12:28 PM
Child Abuse Imagery found within bitcoin's blockchain (https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content)

That's been the end goal all along.

(https://i.redditmedia.com/4ZgChXjffsxdTPOmYDVtJFRwUsri3Brt1iY3od46FQQ.png?w=611&s=76b27921ca2084a6be435db5085f22d9)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on March 20, 2018, 02:15:11 PM
Yeah, why not double down, good call.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: nudemacusers on March 20, 2018, 03:27:46 PM
Child Abuse Imagery found within bitcoin's blockchain (https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content)
Amirox to HODL
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on March 20, 2018, 04:39:47 PM
Child Abuse Imagery found within bitcoin's blockchain (https://www.theguardian.com/technology/2018/mar/20/child-abuse-imagery-bitcoin-blockchain-illegal-content)

That's been the end goal all along.

(https://i.redditmedia.com/4ZgChXjffsxdTPOmYDVtJFRwUsri3Brt1iY3od46FQQ.png?w=611&s=76b27921ca2084a6be435db5085f22d9)

Just because one might think heroin should be legal does not necessarily mean one should advocate keeping a kilo in your glove box.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on March 20, 2018, 05:19:42 PM
I'm still undecided if I should buy more crypto on the low or cash out. At this point I'm still at about 20% profit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Kurt Russell on March 21, 2018, 04:18:51 PM
On a serious note, anybody who uses a classic bitcoin wallet that downloads a local copy of the blockchain may want to think about how comfortable they are about being in a legal grey area where they have non-directly accessible CP on their hard drive.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on March 21, 2018, 06:57:08 PM
Don't file the cryptos on your taxes Atra, most crypto traders aren't

http://time.com/money/5178950/the-irs-is-cracking-down-on-cryptocurrency-transactions-heres-what-that-means-for-you/

The IRS is going to have their way with so many tender cryptotrader buttholes this tax season :aah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on March 21, 2018, 08:00:09 PM
"And what about here, during tax season, when there was only one set of footprints?"

And Kara replied: "My child, that is when I carried you."
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on March 22, 2018, 02:15:12 AM
Don't file the cryptos on your taxes Atra, most crypto traders aren't

http://time.com/money/5178950/the-irs-is-cracking-down-on-cryptocurrency-transactions-heres-what-that-means-for-you/

The IRS is going to have their way with so many tender cryptotrader buttholes this tax season :aah

Given the past few days' news I'm sure the FBI will have a go as well.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on March 22, 2018, 07:46:01 AM
(https://i.imgur.com/t52j56J.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on March 23, 2018, 02:35:34 PM
https://www.bostonglobe.com/business/2018/03/22/college-students-are-using-student-loans-invest-bitcoin-yes-really/Syr7mJpgIzDn6iOa6a0g5J/story.html
Quote
One-fifth of 1,000 students polled by The Student Loan Report, a website that reports on debt issues from the perspective of students, said they had used some of the money set aside for their living expenses to invest in cryptocurrencies. The survey was conducted by Pollfish, which specializes in online polling.

smfh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on March 23, 2018, 02:45:18 PM
I'm trying to sell some ETH to pay for a parking ticket but no one seems to be biting.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on March 24, 2018, 10:42:14 AM
just watched that john oliver segment, was surprised he wasn't more negative about it, that's arguably one of the most positive and sensible things i've seen about cryptocurrencies in mainstream media even with the cute naive part about pump and dump along with currency trading in general (especially considering how many segments they've run on loans/debt)

long blockchain tea :dead

sorta wish they got the actual bitconnect guy, assuming he's not dead or in prison or whatever i could probably wiki this

though now i can't stop thinking about that reporter who was overexcited about denuggeting chicken
That's been the end goal all along.

(https://i.redditmedia.com/4ZgChXjffsxdTPOmYDVtJFRwUsri3Brt1iY3od46FQQ.png?w=611&s=76b27921ca2084a6be435db5085f22d9)
well i mean other than the part where you can produce heroin without harming someone

even if it's way less fun

spoiler (click to show/hide)
although i do think authorities probably could better allocate resources to unspool the supply chains of child pornography versus chasing easy wins against people with "many fetishes" like Amir0x and Dennis

especially when it's the authorities doing the file sharing of the child pornography in the first place
spoiler (click to show/hide)
i just wrote two sentences about the mechanics of sharing child pornography and i'm still more disgusted about that denuggeting reporter's face of joy
[close]
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on March 24, 2018, 10:45:48 AM
HOOOLLLLYYYY FUCKING SHIT

https://twitter.com/CarlosMatos80/status/969181495184281600

 :dead :dead :dead :dead

https://twitter.com/CarlosMatos80/status/976278853906849793

Quote
Carlos Matos
@CarlosMatos80
Investor, Entrepreneur, Gym Enthusiast, Self-Made, Anti-Racist, Anti-LGBT
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on March 24, 2018, 10:47:21 AM
HERBALIIIIIIIFFFFEEE
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on March 24, 2018, 10:54:22 AM
Carlos Matos clearly doesn't see pyramid scams or ponzi schemes he sees triangle opportunities.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on March 24, 2018, 08:26:19 PM
Self-made anti-racist
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on March 24, 2018, 09:42:58 PM
Good to know it wasn't forced on him by social studies warriors at Hardvard.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on March 25, 2018, 05:18:19 PM
HOOOLLLLYYYY FUCKING SHIT

https://twitter.com/CarlosMatos80/status/969181495184281600

 :dead :dead :dead :dead

https://twitter.com/CarlosMatos80/status/976278853906849793

Quote
Carlos Matos
@CarlosMatos80
Investor, Entrepreneur, Gym Enthusiast, Self-Made, Anti-Racist, Anti-LGBT

 :dead :heh :phil :drake :crazy

https://twitter.com/CarlosMatos80/status/977995529148862465
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on March 29, 2018, 09:09:39 PM
Is crypto over? Ethereum is below $370
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on March 30, 2018, 12:54:34 PM
Cryptocurrency will never go away but it’s never going to be what it was again
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on March 30, 2018, 01:23:06 PM
Cryptocurrency will never go away but it’s never going to be what it was again
what i find strange is how even despite good news Ether keeps falling. Don't really understand it
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on March 30, 2018, 05:22:30 PM
It got ethered.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on March 30, 2018, 05:30:56 PM
(http://replygif.net/i/380.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on March 30, 2018, 07:35:38 PM
I'm still about 22% in the green overall.

Should I dump now or will it go back up.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on March 30, 2018, 09:50:25 PM
It’s time to book your gains on the stock market and plow it into crypto.

Tether especially.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on March 30, 2018, 10:50:53 PM
Cryptocurrency will never go away but it’s never going to be what it was again
what i find strange is how even despite good news Ether keeps falling. Don't really understand it

Cryptocurrency isn't actually backed by anything.  So anything above $0.00 for a shitcoin is overpriced and overvalued.  Even tulip bulbs were a tangible commodity.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on March 30, 2018, 10:58:44 PM
Cryptocurrency will never go away but it’s never going to be what it was again
what i find strange is how even despite good news Ether keeps falling. Don't really understand it

Cryptocurrency isn't actually backed by anything.  So anything above $0.00 for a shitcoin is overpriced and overvalued.  Even tulip bulbs were a tangible commodity.
Well, the way i always saw it was that ether has some real technology behind it and funding the coin is a way to fund the technology.

The smart contracts and all that are legitimately a very powerful concept. If those take off and the token used were Ethereums, then there's definitely tangibility in that.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on March 30, 2018, 11:27:48 PM
Cryptocurrency will never go away but it’s never going to be what it was again
what i find strange is how even despite good news Ether keeps falling. Don't really understand it

Cryptocurrency isn't actually backed by anything.  So anything above $0.00 for a shitcoin is overpriced and overvalued.  Even tulip bulbs were a tangible commodity.

Also, you can always eat a tulip bulb if you get really hungry.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on April 02, 2018, 10:30:06 AM
Bloodstained: Ritual of the Night announces that they are allowing users to mine for cryptocurrency during gameplay. I'm sure this won't be the last game to do something like this.

https://www.kickstarter.com/projects/iga/bloodstained-ritual-of-the-night/posts/2150907

spoiler (click to show/hide)
April Fools!!!  :lol :lol :lol
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BobFromPikeCreek on April 04, 2018, 11:07:11 AM
Atra?

https://www.reddit.com/r/personalfinance/comments/89ipyu/update_i_just_discovered_that_i_owe_the_irs_50k/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 04, 2018, 11:25:11 AM
(http://i0.kym-cdn.com/photos/images/newsfeed/000/232/636/56c.gif)

lmao.

Hahahahaha, I can't believe Atra's stupid-ass decided to get back into the Shitcoin market. :neogaf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on April 04, 2018, 11:27:11 AM
:trumps
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 04, 2018, 11:45:31 AM
The thing is, IIRC (I'd have to go back pages) I told him never invest in Shitcoins again once he made his $50,000(?) profit. But like a dumbass, he goes back and SURPRISE the market is swings and he loses his cash. :neogaf

As for the drawing-on-comission market, Atra: Get into the Furry business. I'd have to find that Vice article (or wherever) that had talk about drawing Fursonas being profitable.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 11:48:34 AM
I still haven’t heard back from my family’s accountant what I officially owe in taxes but if it is what I think it is.... I’m not paying them a fucking cent.

It’s fucking bullshit to owe money for money I don’t actually have/I didn’t actually cash out into my own savings.

IRS can lick my taint. They should be going after people who are rolling in dough. Not me who will probably never own a house or have a retirement fund.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 04, 2018, 11:50:30 AM
I think it could easily hit 50K end of this year. And possibly 100k next year.

We shall see...


:neogaf

But for real, good that you got a profit Atra: But really, do the stock market instead of Buttcoins.

Told you, dude.

I still haven’t heard back from my family’s accountant what I officially owe in taxes but if it is what I think it is.... I’m not paying them a fucking cent.

Enjoy having your assets seized and going to white-collar prison for a year or two, then. :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 11:51:24 AM
I’ll shoot myself in the fucking head before they take anything. Fuck them.

If they really want my measly $12K in my savings (i.e. all the money I have) then I'll just blow it on drugs and whores and then off myself.

I'm so done with everything.

edit: not to mention, my health is failing. I might have some sort of hormone disorder with my thyroid being all fucked up. Who knows what sort of miserable existence I'll have if I don't off myself soon.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on April 04, 2018, 12:09:03 PM
surprisingly popular option among the corporate class tbh.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on April 04, 2018, 02:44:19 PM
I think he has a pretty good chance of getting away with it honestly. I don’t think coinbase or any of them are actually reporting transactions to the IRS.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: samir on April 04, 2018, 02:59:14 PM
they are

he dun goofed  :patel
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 03:02:40 PM
I did the majority of my trading on Bittrex. They didn’t even give me a 1099 form.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 04, 2018, 03:19:23 PM
why are you tripping? The IRS is operating on the old only if FIAT rules for this year's taxes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 03:26:03 PM
why are you tripping? The IRS is operating on the old only if FIAT rules for this year's taxes.
Source?

edit: I just talked with my CFO who is a practicing accountant and crypto enthusiast. He says Crypto to Crypto transactions are taxable events in 2017.
He also says what I can do is get a 12 month no interest credit card and pay my crypto taxes off with that and then just gradually pay off the credit card debt so I'm not getting hit with big interest payments if I went the installment route with the IRS.

So maybe just maybe I don't need to off myself.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 04, 2018, 04:18:47 PM
why are you tripping? The IRS is operating on the old only if FIAT rules for this year's taxes.
Source?

edit: I just talked with my CFO who is a practicing accountant and crypto enthusiast. He says Crypto to Crypto transactions are taxable events in 2017.
He also says what I can do is get a 12 month no interest credit card and pay my crypto taxes off with that and then just gradually pay off the credit card debt so I'm not getting hit with big interest payments if I went the installment route with the IRS.

So maybe just maybe I don't need to off myself.

God these rules are dumb. So if u made 5000 on a coin. Sold to btc then bought another coin but lost all the 5000 you gaines, you have to pay the taxes on the 5000 as a capital gain? So what if we let the irs figure out we get a fine on top of what we owe? How substantial?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 04:31:53 PM
Apparently you can deduct up to $3,000 on a loss. The percentage of taxes you would owe on the rest is... I'm pretty sure 15%.

My problem is that I have about $32,000 end of 2017 in profits (on paper) that I owe taxes on this year (short term taxes).
Then those profits spiked up to $50,000+ in early January (on paper) and now my profits are currently at...

4 figures lets just say...

And I'll owe (short term) taxes on those $50,000+ "profits" next year as well. That is partially what is making me want to eat lead at the moment.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 04, 2018, 04:40:16 PM
Apparently you can deduct up to $3,000 on a loss. The percentage of taxes you would owe on the rest is... I'm pretty sure 15%.

My problem is that I have about $32,000 end of 2017 in profits (on paper) that I owe taxes on this year.
Then those profits spiked up to $50,000+ in early January (on paper) and now my profits are currently at...

4 figures lets just say...

And I'll owe taxes on those $50,000+ "profits" next year as well. That is partially what is making me want to eat lead at the moment.
That kind of defies logic tbh they are going to retroactively ruin alot of lives on rules they are applying ad hoc? Like what? Anyways it seems like for 2017 a way out could be claiming like like property exchanges. Srry anything after that lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 04, 2018, 04:46:25 PM
So lemme get this right, they're reporting all this shit to the IRS who are going to tally up all those crypto fees and somehow get y for it when they still using old punch card mainframes and have huge logistical issues tracking traditional tax evasion and cgt biz. I'd hazard a guess you'll be fine not reporting it.

What's the downside of simply reporting what you cashed out to fiat and ignoring ur otc transactions? Would bet a lot on IRS having no capacity to track down scrubs such as yourself.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 04, 2018, 04:52:18 PM
So lemme get this right, they're reporting all this shit to the IRS who are going to tally up all those crypto fees and somehow get y for it when they still using old punch card mainframes and have huge logistical issues tracking traditional tax evasion and cgt biz. I'd hazard a guess you'll be fine not reporting it.

What's the downside of simply reporting what you cashed out to fiat and ignoring ur otc transactions? Would bet a lot on IRS having no capacity to track down scrubs such as yourself.

What you said. Im reading the guidance they issued. It assumes to fairmarket value the coin to us dollars at the time of transaction. Different exchanges have different values at any point in time. So an auditor is going to have to determine which exchange to use, use the timestamp to figure out an exchange rate at time x of the transaction. For everyone of your transactions. For that 50 k back tax. This is easily overcome through software... that currently does not exist... plus do they have datasets for every second at every exchange. Its a fools errand until they set up for it. Assuming they have not yet by how tentative they are.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 04, 2018, 04:56:27 PM
There is no way the IRS are set up for it, or will be in the near future.

Even once they are, you are not actually trading any assets on exchanges like binance. There are no transactions being committed to ledgers outside of their own internal IOU ledger. It would be incredibly difficult, and I think incorrect,  for the IRS to claim your holdings on an otc exchange are making capital gains until they have been withdrawn.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 05:03:46 PM
All in all, I should've known better back in December.

If I do end up paying my taxes it'll be so I'm not paranoid 24/7 about the IRS breathing down my neck because their boss, Uncle Sam, needs that money to blow up unruly brown people in 3rd world countries and make stupid expense flashy weapons.

:doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 04, 2018, 05:12:06 PM
edit: not to mention, my health is failing. I might have some sort of hormone disorder with my thyroid being all fucked up. Who knows what sort of miserable existence I'll have if I don't off myself soon.

Eh, that's manageable if it's like Hyperthyroidism.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 05:13:44 PM
Well, I'll know soon enough. I don't like it when doctors stay silent.

Makes me assume the worst.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 04, 2018, 05:22:35 PM
jesus christ that's madness.

there's no way the IRS can catch most people on this. they can't even catch social security fraud that is the easiest thing to catch. Maybe i should be thankful i lost half the small amount i put in :doge

Since i never actually committed trades outside the initial purchase i should be good? right? right?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 05:29:38 PM
FIAT to crypto you should be good.

Crypto to Crypto and Crypto to Fiat... spread your cheeks.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 04, 2018, 05:33:59 PM
FIAT to crypto you should be good.

Crypto to Crypto and Crypto to Fiat... spread your cheeks.
yeah i just read that part.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on April 04, 2018, 05:38:09 PM
surely for the IRS it's the easiest snag they'll ever make since all the information they'll ever need is in your hash wallet?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 04, 2018, 06:05:44 PM
Well, I'll know soon enough. I don't like it when doctors stay silent.

Makes me assume the worst.

PM me since it's off topic. I'm curious what your situation is.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on April 04, 2018, 06:12:39 PM
Apparently you can deduct up to $3,000 on a loss. The percentage of taxes you would owe on the rest is... I'm pretty sure 15%.

My problem is that I have about $32,000 end of 2017 in profits (on paper) that I owe taxes on this year (short term taxes).
Then those profits spiked up to $50,000+ in early January (on paper) and now my profits are currently at...

4 figures lets just say...

And I'll owe (short term) taxes on those $50,000+ "profits" next year as well. That is partially what is making me want to eat lead at the moment.


Worst mentioning that your cost basis for  Jan 1 2018 will be whatever the cash value of your last trade in 2017. So if you realized 50K in profits in 2017, you're probably good for 2018 (tax wise anyway).

My (wo)man (shosta) has nodules on her thyroid as well. They always check them out and it's always nothing. Might also want to check into like reflux or some shit.

good news is none of that will stop you from deepthroating.
As long as you cashed out for fiat at in 2018, I believe you should be ok for the 50K, so like you “made” 50K, but in a subsequent text you “lost” $45K and you will only owe on the $5k difference.

Unless you bought back into the same coin within 30 days and violated the wash sale rule.

The $3k deduction I believe only applies to offsetting losses in future years. So for example, if you overall lost money in 2018, and you realized $30k in losses, you can deduct $3k from future asset earnings each year for the next 3 years (I.e I think this ONLY offsets stocks, bonds, and I guess crypto, and not your normal wage slave income).
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on April 04, 2018, 06:15:37 PM
So lemme get this right, they're reporting all this shit to the IRS who are going to tally up all those crypto fees and somehow get y for it when they still using old punch card mainframes and have huge logistical issues tracking traditional tax evasion and cgt biz. I'd hazard a guess you'll be fine not reporting it.

What's the downside of simply reporting what you cashed out to fiat and ignoring ur otc transactions? Would bet a lot on IRS having no capacity to track down scrubs such as yourself.

What you said. Im reading the guidance they issued. It assumes to fairmarket value the coin to us dollars at the time of transaction. Different exchanges have different values at any point in time. So an auditor is going to have to determine which exchange to use, use the timestamp to figure out an exchange rate at time x of the transaction. For everyone of your transactions. For that 50 k back tax. This is easily overcome through software... that currently does not exist... plus do they have datasets for every second at every exchange. Its a fools errand until they set up for it. Assuming they have not yet by how tentative they are.

Use to prepare taxes, and the guidance the IRS usually gives is that the methods have to be reasonable. So like, if you always choose the price in the middle of the month, or end of month, or average daily prices on the exchange you use you will be fine, if you are clearly trying to cherry pick the lowest possible price for selling in a month and then the highest possible price for buying, they will ding you.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 06:21:37 PM
Well, I'll know soon enough. I don't like it when doctors stay silent.

Makes me assume the worst.

PM me since it's off topic. I'm curious what your situation is.
Basically my thyroid is enlarged and has several nodules all over it. And they want to monitor it over time (I think they said every 3 to 6 months) to make sure it doesn't get worse.

My first round of bloodwork came back normal but I feel exhausted/like shit most days even if I get 8 hours of sleep. And especially if I eat anything containing gluten.

Someone that I work with went through a similar situation that I did and said that I may need to get some specific blood work done with a doctor that specializes in thyroid health.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 04, 2018, 09:25:00 PM
Atra, did you pull completely out? i'm still in for like $3800... annnnd only have half of that after the recent slide  :crybaby
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 09:30:48 PM
Just checked... $7,900 is all that is left of my crypto profits. I want to fucking die.  :goty
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on April 04, 2018, 09:31:56 PM
Ease trump's tax burden by paying gains on horse armor, brehs.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 04, 2018, 09:38:41 PM
Just checked... $7,900 is all that is left of my crypto profits. I want to fucking die.  :goty
you were up 50k at one point? see, i wouldn't have the stomach to hold at that point. That's an apartment bro. Or a downpayment on a house, or a sweet condo.


Didn't the founder of Chipotle start his first store with 50K? That could have been you my dude. It could have been you  :usacry
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: curly on April 04, 2018, 09:52:47 PM
can't tell if assimilate is trying to get atra to off himself or if he's just stupid
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 04, 2018, 10:12:38 PM
Nah, the only way to get through shit is to enjoy the burn, laugh it off and move on.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 04, 2018, 11:08:58 PM
(https://i.imgur.com/hw54MKJ.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 05, 2018, 12:09:13 AM
Y'know what. I'm not gonna off myself or eat/drink/drug myself to an early grave.

I'm just going to make really depraved visual art instead. Mentally I'm in a very dark place and I just want to manifest that darkness into the world at large.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 05, 2018, 12:21:58 AM
Well, I'll know soon enough. I don't like it when doctors stay silent.

Makes me assume the worst.

PM me since it's off topic. I'm curious what your situation is.
Basically my thyroid is enlarged and has several nodules all over it. And they want to monitor it over time (I think they said every 3 to 6 months) to make sure it doesn't get worse.

My first round of bloodwork came back normal but I feel exhausted/like shit most days even if I get 8 hours of sleep. And especially if I eat anything containing gluten.

Someone that I work with went through a similar situation that I did and said that I may need to get some specific blood work done with a doctor that specializes in thyroid health.

Might be Hypothyroidism, since the feeling exhausted is a symptom of that. But IANAD, so :yeshrug I wouldn't worry about it until they get back to you. Blood-tests take a while.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on April 05, 2018, 12:51:57 AM
Doubt the IRS really cares about your 10K or whatever

heard someone say if you make less than 1Mill a year your in the clear
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on April 05, 2018, 01:34:42 AM
Y'know what. I'm not gonna off myself or eat/drink/drug myself to an early grave.

I'm just going to make really depraved visual art instead. Mentally I'm in a very dark place and I just want to manifest that darkness into the world at large.

Take furry commissions. Kill 2 birds with one stone.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on April 05, 2018, 05:26:09 AM
Didn't the founder of Chipotle start his first store with 50K? That could have been you my dude. It could have been you  :usacry
He used like a $100K loan from his rich capitalist father, that was then propped up with a second $1.5 million loan from said dad when he wanted to expand after just a few months in his first business. (And after only a few years in total working any kind of job.)

Also, Steve Ells is totally and literally insane. Especially about food. No one should want to be him. The money's not even worth it as his empire collapses around him too.

If it wasn't based around burritos his career trajectory would look more like a crazed homeless hippie's version of Elizabeth Holmes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on April 05, 2018, 06:54:57 AM
Doubt the IRS really cares about your 10K or whatever

heard someone say if you make less than 1Mill a year your in the clear

Intentionally underreporting on your taxes is a felony.  You can risk not reporting it but if they catch him, they see all these posts in the thread, and then it’s off to be someone’s pin cushion in prison.  That or pay the difference back to the IRS at exorbitant interest rates.  Keep in mind the IRS is acutely aware of people declaring they don’t intend to pay taxes on cryptocurrency and they’ve been saying for months now that they’re going to focus on it.  I guess you can just assume they’re bluffing but cryptocurrency exchanges are all logged and can be easily subpoenaed.

Not trying to rub salt in Atramental’s wounds but “it’s gonna be fine if you don’t report it :DDD”  is wrong.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on April 05, 2018, 07:02:45 AM
The problem with your theory is that nobody here posts anything that can be tracked back to them personally.

Nobody.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on April 05, 2018, 07:09:40 AM
Good thing I’ve been lying about everything and hiding behind seven proxies
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on April 05, 2018, 07:13:46 AM
Quote
Dr. Julian Bashir: You know, I still have a lot of questions to ask you about your past.

Elim Garak: I have given you all the answers I'm capable of.

Dr. Julian Bashir: You've given me answers all right; but they were all different. What I want to know is, out of all the stories you told me, which ones were true and which ones weren't?

Elim Garak: My dear Doctor, they're all true.

Dr. Julian Bashir: Even the lies?

Elim Garak: Especially the lies.
:rollsafe
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 05, 2018, 07:46:53 AM
I’m on the grid for sure.

They probably have a big file with my name on it.

So, despite wishing I get snuffed out, I’m probably going to go the credit card route to pay these fucking taxes off.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: demi on April 05, 2018, 09:26:59 AM
Told you to get a nice BBW pornstar and go wild. LUL
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 05, 2018, 01:15:56 PM
Knew it couldnt be as stupid as i thought.


On the other hand, sometimes your best option is to sell a losing investment in order to cut your losses and lower your taxes owed. Capital losses can be used to offset capital gains for tax purposes. If you realize $1,500 in capital gains in a given tax year, and you also realize a $1,000 capital loss, then you'll only owe taxes on $500 in gains. Furthermore, if your realized losses exceed your realized gains for a given tax year, then you can deduct up to $3,000 of the remaining losses from your taxable income. And if your net losses exceed that $3,000 threshold, then you can carry the remainder forward to future years.

Did you sell alot of gains and use that money tho?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on April 05, 2018, 01:50:06 PM
I think the issue is that he sold from coin to coin to coin to coin, and every time he did that he was either:
1) realizing his losses
2) realizing his gains

And it’s hard to figure out what, and at the end of 2017, he had a fat stack that was stuck in crypto but had not been realized into gains or losses.

Now, in 2018, he can sell and realize the losses, but that shit won’t help him for taxes until next year.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on April 05, 2018, 02:54:31 PM
Doubt the IRS really cares about your 10K or whatever

heard someone say if you make less than 1Mill a year your in the clear

Intentionally underreporting on your taxes is a felony.  You can risk not reporting it but if they catch him, they see all these posts in the thread, and then it’s off to be someone’s pin cushion in prison.  That or pay the difference back to the IRS at exorbitant interest rates.  Keep in mind the IRS is acutely aware of people declaring they don’t intend to pay taxes on cryptocurrency and they’ve been saying for months now that they’re going to focus on it.  I guess you can just assume they’re bluffing but cryptocurrency exchanges are all logged and can be easily subpoenaed.

Not trying to rub salt in Atramental’s wounds but “it’s gonna be fine if you don’t report it :DDD”  is wrong.

But you’re forgetting

YOLO
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 05, 2018, 03:19:34 PM
I think my suicidal rage has subsided for now. Helps that I'm not drinking/drunk right now. :-\

Will report back once I see how much I owe in taxes from the accountant.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on April 05, 2018, 06:44:00 PM
Damn, Atra, hope it works out for you better than you think
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 05, 2018, 06:45:39 PM
Didn't the founder of Chipotle start his first store with 50K? That could have been you my dude. It could have been you  :usacry
He used like a $100K loan from his rich capitalist father, that was then propped up with a second $1.5 million loan from said dad when he wanted to expand after just a few months in his first business. (And after only a few years in total working any kind of job.)

Also, Steve Ells is totally and literally insane. Especially about food. No one should want to be him. The money's not even worth it as his empire collapses around him too.

If it wasn't based around burritos his career trajectory would look more like a crazed homeless hippie's version of Elizabeth Holmes.

Is that how it went? the whole thing about him going around asking family members for loans until he got 50k was a lie?  :thinking

Of course it would be a lie wouldn't it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on April 06, 2018, 12:24:08 PM
you're gonna be alright atra, i promise
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 11, 2018, 05:30:42 PM
SEVEN GRAND IN TAXES ARRRRRGGGGH

 FUCKING CHRIST

edit: And next year it might be eight thousand or more.

That's basically my entire initial investment.

Thank fuck I took it out or I would have zero money right now...

I'm so fucking mad.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on April 11, 2018, 06:13:36 PM
:lucas

Well, at least you're not sent into debt.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on April 11, 2018, 07:14:12 PM
Man, I was pissed off about owing the state 30 bucks
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 11, 2018, 07:15:41 PM
:lucas

Well, at least you're not sent into debt.

This, count your blessings.

Y'know what. I'm not gonna off myself or eat/drink/drug myself to an early grave.

I'm just going to make really depraved visual art instead. Mentally I'm in a very dark place and I just want to manifest that darkness into the world at large.

Take furry commissions. Kill 2 birds with one stone.

Also do this.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 11, 2018, 07:43:44 PM
Treating crypto assets in the same class as property is some of the dumbest shit i ever heard. The IRS are a fuckin joke :lol

Quote
Treating cryptocurrency, such as Bitcoin, as property creates a potential accounting challenge for taxpayers who use it for everyday purchases because a taxable transaction occurs every time that a cryptocurrency is exchanged for goods or services. For example, if Jane purchased a slice of pizza with one Bitcoin that she purchased on June 1 2017, she would have to determine the basis of the Bitcoin and then subtract that by the cost of the slice of pizza to determine if any gain was recognized. There is currently no “de minimis” exception to this gain or loss recognition. Taxpayers must track their cryptocurrency basis continuously to report the gain or loss recognized on each crypto transaction properly. It is easy to see how this treatment can cause accounting issues with respect to everyday cryptocurrency transactions.

On the other hand, the loss recognition on cryptocurrency transactions is equally complex. A deduction is allowed only for losses incurred in a trade or business or on a transaction entered into for profit. If Jane had recognized a $100 loss on her purchase of merchandise from the online retailer, the loss may not be deductible. If Jane uses Bitcoin for everyday transactions and does not hold it for investment, her loss is a nondeductible personal loss. However, if she holds Bitcoin for investment and cashes out of her investment by using Bitcoin to purchase merchandise, her loss is a deductible investment loss. Whether Bitcoin is held for investment or personal purposes may be difficult to determine, and further guidance by the IRS on this topic is needed.

https://www.forbes.com/sites/greatspeculations/2018/01/03/what-you-should-know-about-taxation-of-cryptocurrencies/#314553bd1346

 :whatsthedeal
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on April 11, 2018, 07:44:15 PM
Does this mean you won't do my furry commission? :(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 11, 2018, 07:48:29 PM
I’m basically going to be eating nothing but boiled eggs, beans, and rice this year and next.

Just when I try to get ahead in life I get smacked back down like a little bitch.

Land of opportunity my fucking ass.

I hope the US becomes a smoldering crater. Fuck this shit for brains country and all the sheep in it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 11, 2018, 07:57:17 PM
Have you actually got proper financial advice. I still think you should only pay tax on realised fiat gains.

Quote
Under Section 1031, no gain or loss is recognized if property held for investment (or for productive use in a trade or business) is exchanged solely for property of like kind.

Quote
First, the bad news. Buried deep in the massive tax bill enacted at the end of 2017 was a provision that limits like-kind exchanges to real estate transactions, effective after December 31, 2017.

So your crypto -> crypto transactions prior to 31/12 can be argued for exemption under Section 1031. Assume you've already looked into this stuff but.. Still sounds iffy. I would love to see the IRS try and prove there is some realised gain from crypto -> crypto trades in court.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 11, 2018, 08:01:54 PM
Will report back once I see how much I owe in taxes from the accountant.

yikes, ok i missed this post.

maybe your accountant sucks? :p

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 11, 2018, 08:36:45 PM
I already know I’m a cuck. A wagecuck that’ll be working myself to death until I can no longer bare to live.

Looks like my retirement plan is still a loaded gun or some heroin to overdose on. Yippie.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on April 11, 2018, 08:44:52 PM
Yo Atra, does this mean we gettin back into the lottery pool game soon? :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: curly on April 11, 2018, 08:46:33 PM
why don't you just develop some other skills and get a better job, or develop yourself socially and get a wife so that you two can share the burden of existence, like the rest of us do

Aren't you supposed to be like 20
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 11, 2018, 08:52:01 PM
why don't you just develop some other skills and get a better job, or develop yourself socially and get a wife so that you two can share the burden of existence, like the rest of us do
I would the only problem is that as soon as I get home from work I want to go to bed because I feel so fucking tired. I pray that my doctor will shed some light, this Friday, on what I can do to get my energy levels back to normal or I might as well just end it all if all I’ll be doing is working and sleeping in order to recover from work for the rest of my life.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on April 11, 2018, 08:55:07 PM
Hold on Atra, it's equal to your initial investment? How much of the 7k can you pay with your profits/remaining crypto?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 11, 2018, 09:17:49 PM
Yo Atra, does this mean we gettin back into the lottery pool game soon? :doge
I’m desperate so the thought has crossed my mind.

Hold on Atra, it's equal to your initial investment? How much of the 7k can you pay with your profits/remaining crypto?
I checked today. I have around $9K of my profits left (it was $7900 a week ago...). I want to keep it in though because there should be more money flowing in once we get past tax season. I’m hopeful that by December I’ll have at least $15K in crypto and then I could cash that money out to pay for 2018’s taxes.

Are you a healthy weight? How's your diet?
I’m 210 lbs (6’ tall). I’m overweight but I’ve been eating mostly eggs, meat, and veggies lately and trying to stay away from starchy carbs as much as possible. I hardly ever eat bread now because it wreaks such havoc to my body.

I’m hoping to get to the gym this weekend but last Saturday I slept the majority of it away and then on Sunday I had to prepare for the work week and get chores done that I didn’t get done the week before due to work.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 11, 2018, 09:27:56 PM
I'm more of a cat person tbh.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on April 11, 2018, 09:35:59 PM
Do people actually go to jail for not paying taxes
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Huff on April 11, 2018, 09:36:50 PM
Esp white people. Use your god given advantage
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Olivia Wilde Homo on April 11, 2018, 10:14:55 PM
I’m 210 lbs (6’ tall). I’m overweight but I’ve been eating mostly eggs, meat, and veggies lately and trying to stay away from starchy carbs as much as possible. I hardly ever eat bread now because it wreaks such havoc to my body.

I’m hoping to get to the gym this weekend but last Saturday I slept the majority of it away and then on Sunday I had to prepare for the work week and get chores done that I didn’t get done the week before due to work.

If you're fat it could be sleep apnea
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 11, 2018, 10:24:04 PM
Do people actually go to jail for not paying taxes

Yes? (https://en.wikipedia.org/wiki/Wesley_Snipes#Income_tax_conviction)

(Literally the first person that came to my head, no agenda or anything)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 11, 2018, 10:28:18 PM
:trumps

Then again, Atra could go bankrupt and become president. :trumps
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 11, 2018, 10:34:47 PM
I’m 210 lbs (6’ tall). I’m overweight but I’ve been eating mostly eggs, meat, and veggies lately and trying to stay away from starchy carbs as much as possible. I hardly ever eat bread now because it wreaks such havoc to my body.

I’m hoping to get to the gym this weekend but last Saturday I slept the majority of it away and then on Sunday I had to prepare for the work week and get chores done that I didn’t get done the week before due to work.

If you're fat it could be sleep apnea
I might ask the doctor about that. But I thought only besada sized people got sleep apnea. :thinking
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on April 11, 2018, 10:58:49 PM
I’m 210 lbs (6’ tall). I’m overweight but I’ve been eating mostly eggs, meat, and veggies lately and trying to stay away from starchy carbs as much as possible. I hardly ever eat bread now because it wreaks such havoc to my body.

I’m hoping to get to the gym this weekend but last Saturday I slept the majority of it away and then on Sunday I had to prepare for the work week and get chores done that I didn’t get done the week before due to work.

If you're fat it could be sleep apnea
I might ask the doctor about that. But I thought only besada sized people got sleep apnea. :thinking

No even skinny people can get it. You can wear a Mi band or fitbit to see how you sleep at night.

Or like go to a real sleep doctor if you wanna be all official like that.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 11, 2018, 11:02:20 PM
I’m 210 lbs (6’ tall). I’m overweight but I’ve been eating mostly eggs, meat, and veggies lately and trying to stay away from starchy carbs as much as possible. I hardly ever eat bread now because it wreaks such havoc to my body.

I’m hoping to get to the gym this weekend but last Saturday I slept the majority of it away and then on Sunday I had to prepare for the work week and get chores done that I didn’t get done the week before due to work.

If you're fat it could be sleep apnea
I might ask the doctor about that. But I thought only besada sized people got sleep apnea. :thinking

No, even underweight can get it like Brawndolicious said.

Brawn: Those fitbits actually are accurate when it comes to that? I figured it only checks when you go to sleep/REM and then raise, nothing about the breathing or anything. ...Though, I guess monitoring the REM cycle(s) makes it accurate...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on April 11, 2018, 11:11:49 PM
Have you actually got proper financial advice. I still think you should only pay tax on realised fiat gains.

Quote
Under Section 1031, no gain or loss is recognized if property held for investment (or for productive use in a trade or business) is exchanged solely for property of like kind.

Quote
First, the bad news. Buried deep in the massive tax bill enacted at the end of 2017 was a provision that limits like-kind exchanges to real estate transactions, effective after December 31, 2017.

So your crypto -> crypto transactions prior to 31/12 can be argued for exemption under Section 1031. Assume you've already looked into this stuff but.. Still sounds iffy. I would love to see the IRS try and prove there is some realised gain from crypto -> crypto trades in court.

I’m not really sure what else you would classify it. It doesn’t really fit the definition of currency.


Worth mentioning again, that this is like a month of furry commission work. I’m sad I can’t fucking draw, or I would be full stop drawing Hentai and Furry commissions every day.

Draw up your best dragon creampieing a futa Leapord with wings and a goatse with anal teeth and get em up on your deviant art and start rolling in that dough.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 11, 2018, 11:15:31 PM
my diagnosis atra: u need some therapy and a good fuck
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on April 11, 2018, 11:29:02 PM
https://www.youtube.com/watch?v=L4I0QjHVUoQ
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: curly on April 12, 2018, 12:31:02 AM
Just stop browsing 4chan, it gives you brain cancer
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 06:47:01 AM
>implying that I don’t already have brain cancer

 :nintendo

https://www.youtube.com/watch?v=L4I0QjHVUoQ
I’m not gonna lie, I’d totally be doing this if I knew I could get away with it for a couple of months.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 12, 2018, 07:43:16 AM
I know someone inside. Lets just say me and naff were on the right track. Im gonna declare eitherway cause im a fucking pussy. But yeah. Claim prop to prop exchange the onus is on them. You will avoid any kind of felony. Furthermore i think the IRS is gonna get sued up the ass if they go a hyper retroactive penalty route. You are giving them work they dont want to do.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 08:12:34 AM
(https://i.imgur.com/I9uePZi.png)

I think people are dumping their tax refunds into crypto.  :gladbron

It was just two or three weeks ago I was scrapping $7500.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 08:51:49 AM
(https://i.imgur.com/0ebYoah.png)

(https://i.imgur.com/ib31aCR.png)

(https://i.imgur.com/7fpLI9Y.png)

SOROOOOOOOSSSS  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 11:29:23 AM
https://www.newyorker.com/magazine/2018/04/16/a-sidelined-wall-street-legend-bets-on-bitcoin
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 12, 2018, 01:24:30 PM
why don't you just develop some other skills and get a better job, or develop yourself socially and get a wife so that you two can share the burden of existence, like the rest of us do

You mean in the same land of oppurtunity where getting a degree could possibly make his financial situation exponentially worse?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 01:39:29 PM
Yeah, taking on any significant college debt would fucking destroy me at this point.

My best and only opportunities are skillshare and other online academies.

And I don't believe most employers are willing to do paid apprenticeships these days (unless someone could show me otherwise).

I'll just keep on inching by with my sub par graphic design job. Ironically, other people who I went to college with for graphic design would kill for my position since a good chunk of them are baristas, paper fillers, or call center reps.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on April 12, 2018, 02:17:07 PM
lol this tax shit

I’m HODLing ADA and XLM forever now
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 02:21:21 PM
just go to school for CS, you're basically an aspie so you should do well
I’ve tried my hand at code...

It’s not really my cup of tea. My aspie nature is much more visual/aesthetic based.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on April 12, 2018, 02:21:48 PM
Look into one of those coding bootcamps (either online or offline if there are ones near you). Only costs a couple grand and lasts 2-3 months, but they set you up to get an entry level web developer job.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 03:04:18 PM
I’ve tried my hand at code...

It’s not really my cup of tea. My aspie nature is much more visual/aesthetic based.  :doge
And how long did you even try?
If I had to guess... 2 to 3 weeks total of my life I have spent trying to code.

If I had a gun to my head (which I kinda do in a abstract sense) I guess I could try and delve into code that is related to UI/UX, computer graphics, and animation.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 03:49:25 PM
Ideally I just want to become an illustrator but if that doesn’t pan out ...I guess I’ll resort to code.



Also, in other news Bitcoin is Halal:
https://news.bitcoin.com/research-paper-declares-bitcoin-compliant-with-shariah-law/



Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 12, 2018, 04:55:12 PM
I will second that coding advice. It is probably one of the few fields that has enough support on the web to get you really ahead. I don't think it is as easy as the bootstrapping libertards make it out to be, but it does hold more promise as an exit strat than most other majors, at least in the near future. You are also going to compete with people who formally went to school( albeit it might be one of the few BSs that may be worth it atm if you do decide to pile debt).
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Freyj on April 12, 2018, 05:38:03 PM
OTOH Devs are about 50/50 horrible people to work with and it’s a roll of the dice if you won’t end up working with an insufferable socially inept asshole.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 05:40:12 PM
That’s a concern for sure.

And sure I can be insufferable here but I’m actually rather agreeable in meat space. Probably too agreeable which people will take advantage of.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 12, 2018, 06:08:06 PM
i thought about getting a new graphix card earlier, saw the prices then remembered people still mine this trash  :rage
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 12, 2018, 09:50:32 PM
It's done. I've mailed out the checks for my state and federal taxes.  :shaq2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 12, 2018, 10:21:27 PM
Programming as a practice is the intersection of a conceptual methodology (the decomposition of complex computation), existing architectural corpus (operating systems, data structures, frameworks) and a collection of constantly changing domain specific tools (the web, graphics languages, scripting languages, systems languages, build-system languages). Give it like 2 years at least and maybe you'll have something that looks like a budding craft.

Nobody in their right mind would say "I tried learning Spanish in 3 weeks, couldn't really do it." And even when you do climb that hurdle that doesn't mean you're suddenly capable of reading anything in any domain. I should mention: I spent a few years tutoring beginning CS students. Some of these people would be two years into their degree and still had difficulty programming. These are people who do this mainly full-time, now imagine trying to do it in your spare time along side a difficult career. My point is not to discourage you, but that if you experienced difficulty, it's par for the course. Good things never come easy.

You said you want to get ahead in life. Prove it, bitch.
i'm old, i should have no business attempting a "new career" but man i always wanted to do cybersecurity/ programing. is it too late? i don't know why i never jumped in early on this shit. i was bombing people with text bombs on AOL back in my day  ;)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on April 12, 2018, 11:35:36 PM
It's done. I've mailed out the checks for my state and federal taxes.  :shaq2

thank u atra

(https://thumbs.dreamstime.com/b/rich-uncle-sam-9572786.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: thisismyusername on April 13, 2018, 12:26:11 AM
And I don't believe most employers are willing to do paid apprenticeships these days (unless someone could show me otherwise).

https://www.usnews.com/news/best-states/california/articles/2017-11-23/tech-firms-scrounging-for-skilled-workers-training-their-own

I've looked into it, but beyond IBM I haven't found the other tech companies that are doing this. And IBM's pickings are slim.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 13, 2018, 12:30:29 AM
How old? Ageism is real.
30s
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 13, 2018, 12:35:13 AM
Go back to school man, nothing's stopping you if you really want it
i already have a masters but i hate what i'm doing.

i really really want to do cybersecurity. there's a program offered at a local university. i may give that a go. can't hurt.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TVC15 on April 13, 2018, 12:46:08 AM
Go back to school man, nothing's stopping you if you really want it

Except money probably.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: TVC15 on April 13, 2018, 12:49:59 AM
It’s still money you’re eventually going to have to pay, though. And the amount you’re going to have to pay is less swallowable the older you are.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 13, 2018, 12:51:22 AM

Btw I've been meaning to ask you, why do you even live in a shithole country?
The only good thing about work is that i travel a bit. get placed in a location for a while. i chose to stay in this one longer because it's cheaper to live and i rented out my apartment in the states for $1500 a month. (oh and the women)

i enjoy working on my own, remotely. I'd love to do something in that cyber realm if i could pull off a remote job. it'd be a dream.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 13, 2018, 09:36:16 AM
It’s still money you’re eventually going to have to pay, though. And the amount you’re going to have to pay is less swallowable the older you are.

The naivety of youth. Overwhelmingly this place fucking blows, a  few 100 thousand  programmers isnt going to off set all the debt laden, wage stagnating, largely socially immobile great majority. Maybe they needed more peterson in their lives while making monumental decisions at the tender age of 18.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 13, 2018, 09:46:06 AM
My Bittrex balance is still climbing.

If it keeps up I'll have enough money to pay off my taxes next year and regain what I've lost in taxes this year. Thus breaking even financially but scarring myself emotionally.  :doge

Man, what a colossal waste of time and energy if that ends up happening.  :-\

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on April 13, 2018, 02:00:52 PM
i thought about getting a new graphix card earlier, saw the prices then remembered people still mine this trash  :rage
At least they're in stock now. Now the cards worth buying just need to return to their initial MSRP. Well before the next generation comes out, that is...
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on April 13, 2018, 04:27:19 PM
Yeah, what gives with 1070s still being $600? Who would pay that much for that shit? I thought they were overpriced at $380.

Of course I just bought both 4K consoles so I’m out of the you market for a while.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 13, 2018, 06:14:35 PM
My Bittrex balance is still climbing.

If it keeps up I'll have enough money to pay off my taxes next year and regain what I've lost in taxes this year. Thus breaking even financially but scarring myself emotionally.  :doge

Man, what a colossal waste of time and energy if that ends up happening.  :-\

Let's goooo atra!!!!!

i just want enough to pay off my cards without coming out of pocket. It's been my goal all along with this fucking crypto shit  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on April 13, 2018, 06:28:27 PM
(https://i.imgur.com/F5hcfyU.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 17, 2018, 01:02:46 PM
https://youtu.be/KV5QlSgq7lg
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 17, 2018, 01:11:23 PM
https://youtu.be/KV5QlSgq7lg

Video oddly missing IRS segment.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 17, 2018, 01:11:55 PM
https://youtu.be/BkX2NAKFM5Q
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 17, 2018, 01:15:15 PM
Oh atra btw did you try to get in contact with Bittrex support to get specific bitrate to usd values at the time of transactions? I kind of want to avoid wasting my time.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 17, 2018, 01:49:02 PM
I used cointracker.io to get that info when I was doing my taxes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 17, 2018, 05:00:41 PM
nvm figured it out <3
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 17, 2018, 05:01:50 PM
They accept CSV forms.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on April 17, 2018, 05:09:52 PM
https://twitter.com/officialmcafee/status/985881146943819776
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on April 17, 2018, 05:11:56 PM
Seems legit, a name you can trust
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 17, 2018, 05:28:33 PM
bless atra, yeah damage not too bad but not a loss either. Fuck you Cryptoverter, you fucking sped.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on April 17, 2018, 05:37:32 PM
Can't you just put your money into a foreign account, do 3 or 5 years crypto investing, and then bring it over paying taxes in one lump sum?

What is the actual tax rate on currency trading gains?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 18, 2018, 05:15:23 PM
https://youtu.be/-5OeVSiisLU
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 18, 2018, 10:38:58 PM
https://youtu.be/Fn310KaOxnU

I love these vids lol.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 19, 2018, 10:36:55 AM
The french ai voice filter is so on point. Nintendo should find snimem for live action zelda film
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 12:14:16 PM
https://twitter.com/iex_ec/status/987000845911953409

 :rejoice

Go Go RLC!!!

(https://i.imgur.com/6sOs91a.jpg)



edit:
(https://i.imgur.com/LMyWGWF.png)

YEEEEEEHAAAAAAAWWWWW
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 12:53:52 PM
(https://i.imgur.com/chxR6Gc.png)

Crypto is back, baby! (https://i.imgur.com/9n0fMAX.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on April 19, 2018, 12:57:44 PM
Im holding burst long too lol. If that shit comes real u will quite a bit richer thab me lel
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 01:11:58 PM
https://coincheckup.com/coins/burst/predictions
If Burst hits $2 I will cream my pants.

https://coincheckup.com/coins/rlc/predictions
Same if RLC hits $40.

 :woody
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 19, 2018, 04:50:37 PM
Atra, are you all in small coins? none of the big stuff anymore?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 04:55:45 PM
Yeah, no BTC, ETH, BCH, or LTC, etc.

RLC and Burst are my only serious bets. I wanted coins that were off the radar but had huge potential as long term holds.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 19, 2018, 05:06:37 PM
Yeah, no BTC, ETH, BCH, or LTC, etc.

RLC and Burst are my only serious bets. I wanted coins that were off the radar but had huge potential as long term holds.
Either of those capable of hitting coinbase?

I always assumed it'd either be something like Ether or Ripple going all the way. Where can you even buy RLC and Burst?

EDIT: and this is my fav vid this had me in tears https://www.youtube.com/watch?v=TRXdxiot5JM
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 08:46:21 PM
(https://i.imgur.com/mH52Vlt.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 08:51:05 PM
Yeah, no BTC, ETH, BCH, or LTC, etc.

RLC and Burst are my only serious bets. I wanted coins that were off the radar but had huge potential as long term holds.
Either of those capable of hitting coinbase?

I always assumed it'd either be something like Ether or Ripple going all the way. Where can you even buy RLC and Burst?
You can buy them on Bittrex and I think Binance as well (can't check right now).

I'm not expecting most coins to hit Coinbase. Coinbase exists so normies can get started in crypto.

RLC and Burst are kinda long shots but if they both manage to gain traction and deliver on their promises I'm going to be quite well off in a couple of years.

Also, the beauty of altcoins is that you can earn more satoshis. A couple weeks ago my portfolio was barely above 1 BTC worth now it's 1.72 BTC worth of satoshis.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 09:00:54 PM
(https://i.imgur.com/2dKrlej.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 09:13:47 PM
Burst is pumping! AHAHAHAHA!!!  :gladbron
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on April 19, 2018, 09:28:17 PM
https://youtu.be/Fn310KaOxnU

I love these vids lol.

(https://i.imgur.com/jKE8ht4.png)
lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 19, 2018, 10:07:43 PM
Burst is pumping! AHAHAHAHA!!!  :gladbron

everything is flying... now comes the question WHEN to take profits out?

 :insane
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 10:08:05 PM
End of this year for me.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 19, 2018, 10:19:03 PM
End of this year for me.  :doge

You just hold all? damn. I've done that twice and hated myself every time.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 19, 2018, 10:33:16 PM
As long as they stay above 1BTC in satoshis and bitcoin keeps on climbing I’m good.

It’s moving from coin to coin that got me in trouble with taxes and I’m not doing that shit again.

Plus it’s stressful as fuck trying to re-enter a new low point and exit a high point.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 20, 2018, 02:42:42 AM


Plus it’s stressful as fuck trying to re-enter a new low point and exit a high point.
Yeah, that's why i'm setting goals and taking out half when i get to that predetermined point.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 24, 2018, 06:15:47 AM
https://youtu.be/WNH7BIzqWNI
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 24, 2018, 09:25:59 AM
My portfolio cracked $16K today.

Now I just need to triple that amount before December 2018 and I'll be good for 2019 tax season...  :noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on April 25, 2018, 12:46:58 AM
EOS at $14

i was going to hit the button to buy at $4.13 last month and didn't  :fbm
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on April 27, 2018, 12:16:46 PM
(https://i.imgur.com/iyBHJFe.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 01, 2018, 11:48:19 AM
Altra, i got 1k to put into a altcoin. What should i do? i was so close of getting into EOS at $4 and now it's at $18  :-\

i haven't got a single big wave  :'(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 01, 2018, 12:27:48 PM
iExec's RLC

They're going to be launching their cloud marketplace end of May: https://iex.ec/roadmap/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 01, 2018, 01:04:23 PM
iExec's RLC

They're going to be launching their cloud marketplace end of May: https://iex.ec/roadmap/
I'll look into it. I really want to nail the next coin coming to coinbase so it's either this or EOS for me. What are the odds this gets added before other coins though?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 01, 2018, 01:12:26 PM
The likelihood of guessing what coin is coming coinbase is impossible, if you ask me.

https://support.robinhood.com/hc/en-us/articles/360000088623-Crypto-Availability

Here's the coins that'll be coming to Robinhood's crypto app (that may or may not hint at what Coinbase will end up doing) but... doge is on there so you can kinda see how "seriously" they take this stuff.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 02, 2018, 11:07:13 AM
(https://i.imgur.com/cZYIVbN.png?1)

Man, that was some pit.

spoiler (click to show/hide)
fun fact: I have more money in crypto than I do in my bank account. :noah
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 05, 2018, 09:26:33 AM
You fucking kidding me man. When i pull out more than half Ether jumps to $824???? You fucking serious??? I waited all this time, pull out money at $700 and now it's immediately at $824???

 :mindblown

wtffff
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 10, 2018, 11:04:59 AM
https://steemit.com/iexec/@dana-edwards/will-iexec-rlc-token-reach-usd100-after-the-launch-of-v2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on May 10, 2018, 11:23:44 AM
Might get in, but first waiting for burst hf to drop a couple of grand when it bottoms.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 10, 2018, 01:42:45 PM
https://steemit.com/iexec/@dana-edwards/will-iexec-rlc-token-reach-usd100-after-the-launch-of-v2

Currently holding 1k RLC coins.

This better go right Atra, this better go right   :ufup
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 10, 2018, 02:24:55 PM
I’m holding 7K.

I’ll be so fucking happy if it hits $100. :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on May 11, 2018, 04:54:25 AM
And then curl up and cry about your taxes.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 11, 2018, 08:30:33 AM
you're fucking kidding me that i just bought into this and it dropped already 13 percent ?? lol
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 11, 2018, 08:32:35 AM
You didn't buy it all at once did you?  :doge

Also, it's been green for days. It was bound to go down eventually.



Anyways, no matter. Just hold. It'll spike up again soon. The iExec team has a potential big announcement before the V2 launch.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 11, 2018, 08:40:15 AM
Oh, of course. Bitcoin is shitting the bed.

Hence why everything is dipping in USD value.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on May 11, 2018, 09:38:20 AM
you're fucking kidding me that i just bought into this and it dropped already 13 percent ?? lol

Be careful what you wish for.

You fucking kidding me man. When i pull out more than half Ether jumps to $824???? You fucking serious??? I waited all this time, pull out money at $700 and now it's immediately at $824???

 :mindblown

wtffff
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 11, 2018, 10:50:58 AM
https://twitter.com/iEx_ec/status/994926224412696578
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 14, 2018, 07:51:02 AM
RLC making some moves.

Haven’t seen an announcement yet but it’s good to see some hype starting to build.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 14, 2018, 11:40:42 PM
you're fucking kidding me that i just bought into this and it dropped already 13 percent ?? lol

Be careful what you wish for.

You fucking kidding me man. When i pull out more than half Ether jumps to $824???? You fucking serious??? I waited all this time, pull out money at $700 and now it's immediately at $824???

 :mindblown

wtffff

even though i haven't lost money, only gained, i've never hit a big swing yet. i'm also getting in late,  pulling out early

 :picard
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 16, 2018, 11:36:42 AM
https://twitter.com/iex_ec/status/996772445058224128

I hope you’re making good money off my advice, Assimilate.

edit: my portfolio hit $20K :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 16, 2018, 12:20:38 PM
(https://i.imgur.com/jHcFN7g.png) (https://i.imgur.com/wrONriw.png)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 16, 2018, 12:42:01 PM
Atraa!!!!!!!!!!!

Fuck, i didn't want it to go up like this yet until i got my 10k bonus. i was going to put it all in. i've made a little money though with this bump.


 :noah
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: I'm a Puppy! on May 16, 2018, 12:48:41 PM
(https://i.imgur.com/jHcFN7g.png)
You may not like it, but this is what a stable market looks like  :esports
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 16, 2018, 12:56:28 PM
It’ll correct and then slowly keep on growing until another big announcement.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 16, 2018, 12:56:39 PM
it's dropped 10 percent already since i've looked at it 10min ago lol.

i wonder if i should pull some profit out
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 16, 2018, 05:18:39 PM
 :goty2

like why am i stupid. i knew the bump would shrink, i could have just taken out the bump profit.

i never learn
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 16, 2018, 07:42:23 PM
(https://i.imgur.com/UhGejjh.jpg)

(https://i.imgur.com/K6vQNAt.jpg)

(https://i.imgur.com/vabyAif.jpg)

(https://i.imgur.com/Otla7mR.png)

:goty2

like why am i stupid. i knew the bump would shrink, i could have just taken out the bump profit.

i never learn
Just keep buying those big dips and cash out a good chunk at the end of this year.

It's just going to keep on growing.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 16, 2018, 08:36:42 PM
This guy is confident.

I'm waiting on my bonus. Then i'll drop like 8k on it if it's still at a fair price.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: CatsCatsCats on May 16, 2018, 09:06:58 PM
The ice wizard casts hodl
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 17, 2018, 07:00:42 AM
RLC is rising steadily.

Normie money gonna start flowing in soon. "Oh just $2.49 and they're partnered with Intel? What a bargain!"

I've been in on this coin since sub $1 so I'm pretty stoked right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 17, 2018, 06:58:18 PM
It's back under $2. Isn't there another announcement coming?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 17, 2018, 07:02:02 PM
Drat... :goty2

Well, RLC did get added to a new exchange today I think but I never heard of it before until now.

edit: Bitcoin is tanking too. When it tanks, everything else does as well.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 17, 2018, 07:07:12 PM
(https://i.imgur.com/64hG9nz.jpg)

Ah, this might be the next rumored partnership.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 17, 2018, 07:20:10 PM
http://boards.4chan.org/biz/thread/9488464
(https://i.imgur.com/PylJg0y.png)

We can't lose Assi. We've got meme magic on our side.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 19, 2018, 07:15:41 PM
(https://i.imgur.com/AWlAXIZ.jpg)

(https://i.imgur.com/KA67bg3.jpg)

Pamp Et.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 21, 2018, 03:20:50 AM
https://youtu.be/DelF6zEHXpE
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on May 21, 2018, 12:10:59 PM
https://youtu.be/DelF6zEHXpE
wtf this channel  :lol

http://www.youtube.com/watch?v=WNH7BIzqWNI

Someone get that man a contract to make hollywood movies or the next Deus Ex.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 23, 2018, 12:03:39 PM
Is this the second major slide of the year? Fuck me man. I knew i should have tapped out of iexec at $2.53 when i had the chance. I could have made money and now gotten in at a bottom price.  :maf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 23, 2018, 12:10:56 PM
:trumps

Anything below $2 is a bargain. Buy what you can & hold for the next run up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on May 23, 2018, 01:47:15 PM
Kinda thinking of getting into this shit. <_<
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 23, 2018, 01:52:13 PM
RLC or crypto in general?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on May 25, 2018, 08:59:14 AM
RLC pumping  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on May 25, 2018, 01:46:27 PM
RLC pumping  :doge
Not the pumping i was expecting after being excited seeing your post....

bump this when RLC hits back up to $2.50+
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on June 02, 2018, 08:25:55 AM
Burst pump irritating me
 I wanted ita pre hard.fork.dump . Got 5 gs.standing by. Ugj
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on June 02, 2018, 09:31:32 AM
waiting at the pharmacy i was looking at the front page of the newspaper and it was teasing a story inside about "EXPERTS WARN ABOUT EVEN GREATER SCAM THREATS FROM UNOFFICIAL AND CONTROVERSIAL BITCOIN"

so watch out guys
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 06, 2018, 04:29:20 PM
https://www.forbes.com/sites/greatspeculations/2018/06/04/how-blockchain-technology-can-save-the-irs/#20c5c1e7e7ab
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 09, 2018, 10:11:32 PM
https://www.youtube.com/watch?v=IW19xASnqw8
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on June 10, 2018, 06:09:43 AM
broke again mate?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on June 10, 2018, 06:44:57 AM
https://www.youtube.com/watch?v=IW19xASnqw8
This is art  :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 10, 2018, 01:37:18 PM
damn this is bleeding.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 10, 2018, 02:25:22 PM
Time to buy.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on June 11, 2018, 09:57:04 AM
Who's is the guy in those chartz with the horrible plastic surgery? :kobeyuck
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 11, 2018, 10:01:34 AM
That’s not plastic surgery. They (they’re twins) naturally look like that.  :doge

https://youtu.be/vHmHN64pJ5Q
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on June 11, 2018, 10:38:39 AM
They're making a mystery of it but they obviously had plastic surgery. They were TV celebrities in the eighties (they had a show around sci fi and vulgarizing cosmic sciences) and there's no way it happened "naturally".
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on June 11, 2018, 10:51:28 AM
Those puffy cheek bones and square chins aren't natural.  :yuck
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on June 11, 2018, 12:40:30 PM
https://gizmodo.com/bitcoin-price-plunges-after-hack-of-south-korean-exchan-1826723313

:doge

What do Atra
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on June 11, 2018, 02:00:08 PM
That is my biggest gripe with this whole thing. If the "blockchain" is a record of every transaction, how can some be stolen and still retain their value? Those stolen horse armors have unique identifiers that should be flagged when they try to be used. But the community seems to just throw their hands in the air with a big "Oh well" since there is no real authority to go after the thieves.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on June 11, 2018, 02:11:30 PM
https://gizmodo.com/bitcoin-price-plunges-after-hack-of-south-korean-exchan-1826723313

:doge

What do Atra
Buy
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on June 11, 2018, 02:13:35 PM
How long can I wait and how much of an investment should I make? :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Rufus on June 11, 2018, 02:41:05 PM
That is my biggest gripe with this whole thing. If the "blockchain" is a record of every transaction, how can some be stolen and still retain their value? Those stolen horse armors have unique identifiers that should be flagged when they try to be used. But the community seems to just throw their hands in the air with a big "Oh well" since there is no real authority to go after the thieves.
Interesting video on that:
https://www.youtube.com/watch?v=UlLN0QERWBs

For additional context:
https://www.youtube.com/watch?v=p9HH_dFcoLc
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on June 11, 2018, 03:29:57 PM
It's the way it should be, but it's not yet. And being 'hopeful' that the feds will help get your stolen coin back(that has probably changed hands a few times) is laughable at best.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 11, 2018, 06:20:47 PM
Altra,  i'm going in 1k more on RLC.

This better work out !
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 12, 2018, 07:21:53 AM
https://twitter.com/coinbase/status/1006344839569403905

What kind of schmucks are running coinbase? Jesus.  :mindblown

Like bitcoin and bitcoin cash wasn’t confusing enough for the average low information buyer.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 12, 2018, 07:39:51 AM
https://twitter.com/coinbase/status/1006344839569403905

What kind of schmucks are running coinbase? Jesus.  :mindblown

Like bitcoin and bitcoin cash wasn’t confusing enough for the average low information buyer.

uh, is it time to buy ethereum classic?  >:(
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 12, 2018, 08:28:13 AM
You can if you want but I personally wouldn’t bother with it.

edit: it looks like it's about to dump.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 12, 2018, 09:45:52 AM
You can if you want but I personally wouldn’t bother with it.

edit: it looks like it's about to dump.
yeah but eventually it will go up. it can easily hit 100 once on coinbase
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 12, 2018, 09:59:55 AM
I have my doubts about that.  :doge

It's all time high didn't even scratch $50.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 12, 2018, 11:46:27 AM
http://www.coincalendar.info/events/iexec-rlc-rlc-mainnet-launch/

For RLC, keep an eye on it for June 18th.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 12, 2018, 11:58:41 AM
http://www.coincalendar.info/events/iexec-rlc-rlc-mainnet-launch/

For RLC, keep an eye on it for June 18th.

yeah im' about to throw in another 1k
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on June 12, 2018, 12:58:08 PM
How's PotCoin doing?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 12, 2018, 01:11:21 PM
It got a little bump from Rodman’s tv appearance.  :doge

But overall it looks like your typical pump and dump shitcoin.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: warcock on June 12, 2018, 01:27:55 PM
Sad that burst HF not getting more love. I was hoping for a bit of trend independence from btc after upgrade. Not yet. Just hope PoCC dosent pull the plug after all that effort without reward.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 12, 2018, 01:30:46 PM
https://www.burst-coin.org/

Looks like Burst redesigned their site. Looks good.

I'm still holding about 168,700 burst coins and secretly hoping it hits .10 to .50 cents EOY.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 02:30:55 PM
This is an ugly fucking slide.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 02:32:06 PM
I'm back in the four figure pit again. :goty2
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 02:32:57 PM
I'm back in the four figure pit again. :goty2
I knew i should have cashed out when that bump happened. God i keep making the same fucking mistakes  :snoop
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 02:33:58 PM
I should've as well but I didn't want to keep on moving from alts to bitcoin to USD due to the tax implications.  :goty2

edit: the fact that almost everything is STILL tied to bitcoin is a fucking travesty. There's so many promising projects that get wrecked whenever bitcoin shits itself.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 02:37:23 PM
I should've as well but I didn't want to keep on moving from alts to bitcoin to USD due to the tax implications.  :goty2

edit: the fact that almost everything is STILL tied to bitcoin is a fucking travesty. There's so many promising projects that get wrecked whenever bitcoin shits itself.
I'm legitimately confused by your crypto goals though. Do you own your own/home apartment? do you have school loans to pay off? I mean, you had 22k that's a nice downpayment on a condo to live in or to rent out.

What's your ultimate plan?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 02:41:33 PM
I rent. I have zero school loans to pay off.

Basically I'm just keeping my money in crypto so I can use that money to pay off my taxes for next year's tax season since I had about $50K (in gains) beginning of January... and perhaps regain that $7K I lost to taxes this year.

I should've pulled out the $22K but I would murder myself if I missed out on another bull run similar to 2017's.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on June 13, 2018, 02:41:58 PM
I should've as well but I didn't want to keep on moving from alts to bitcoin to USD due to the tax implications.  :goty2

edit: the fact that almost everything is STILL tied to bitcoin is a fucking travesty. There's so many promising projects that get wrecked whenever bitcoin shits itself.
I'm legitimately confused by your crypto goals though. Do you own your own/home apartment? do you have school loans to pay off? I mean, you had 22k that's a nice downpayment on a condo to live in or to rent out.

What's your ultimate plan?

(http://i.imgur.com/GH6NHZQ.gif)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 02:43:29 PM
I rent. I have zero school loans to pay off.

Basically I'm just keeping my money in crypto so I can use that money to pay off my taxes for next year's tax season since I had about $50K beginning of January... and perhaps regain that $7K I lost to taxes this year.

I should've pulled out the $22K but I would murder myself if I missed out on another bull run similar to 2017's.
next time you have the chance to pull something like 20k out grab that shit and plunk it down on a condo with 2 bedrooms. Rent the other room out so that money can pay for your mortgage. In a few years you'll own it out right.

That's what i did. I got a place for around 80k during the crash, it's now worth 230k.  I rent it out for $1600 a month while i live in another country for the time being.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 02:51:35 PM
I'm not going to be able to afford a condo. Half of that $20K will (or would) be going to taxes next year to pay off the $50K "realized gains" that I lost at the beginning of 2018.

The rest will be going towards hardware, software, and other assets I need in order to land a better/higher paying job outside of my state. Or setting up an ecommerce site where I would sell digital design assets off of.

Also, I would probably kill myself if I further anchored myself down in my hometown by buying a house here. If I end up living here past my 30s I have officially failed as a person.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 03:03:14 PM
I'm not going to be able to afford a condo. Half of that $20K will (or would) be going to taxes next year to pay off the $50K "realized gains" that I lost at the beginning of 2017.

The rest will be going towards hardware, software, and other assets I need in order to land a better/higher paying job outside of my state. Or setting up an ecommerce site where I would sell digital design assets off of.

Also, I would probably kill myself if I further anchored myself down in my hometown by buying a house here. If I end up living here past my 30s I have officially failed as a person.
It's not about living there forever, but you can rent it out.

I feel yea though. It's probably best to gtfo of there as soon as possible. "Hometowns" should never be lived in.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 03:47:47 PM
You fucking moron. You absolute dipshit. You know how many people would kill for that kind of savings bucket? Put literally all of that shit in a diversified stock portfolio and let it double every 7ish years. And take some of that and MOVE. There is nothing to be gained from crypto currency anymore, the bubble is over.
Savings? You said savings? Who has that these days?


 :neogaf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: HardcoreRetro on June 13, 2018, 03:50:35 PM
Look at his tag. He's doing exactly what he says he will.

Wait for another crash, watch him post 20 unfunny cryptocurrency memes and then people have to talk him out of killing himself in the depression thread. It's entertainment for the entire family.

Money well spent. Keep doing you!  :)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 03:52:16 PM
In all honesty i used to think i needed a lot of money, i'm starting to think otherwise. My free time might be more important to me.

I'm content with having a nice apartment/condo with just enough space but not too much space where it's a hassle to maintain, which is close to the beach, with a gym around the corner. I'm good.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on June 13, 2018, 03:57:16 PM
i work freelance and free time is essentially my most expensive luxury item. could be earning double what i do if i did the same number of days as the average 9-5er.

at least until i see a 1982 silverburst les paul custom in a shop window.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 04:06:28 PM
You fucking moron. You absolute dipshit. You know how many people would kill for that kind of savings bucket? Put literally all of that shit in a diversified stock portfolio and let it double every 7ish years. And take some of that and MOVE. There is nothing to be gained from crypto currency anymore, the bubble is over.

 :badass


edit: Also, I don’t have 7 years. I have this year and then I’m out for good.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on June 13, 2018, 04:07:20 PM
What surprises me about Crypto is that it doesn't seem to be tied to any 'real world' conditions.
When something like Italy voting weird happens and the Euro is shaky again I expect Crypto go up but it doesn't.
It seems entirely depended on the memeconomy and Grog
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on June 13, 2018, 04:10:58 PM
What surprises me about Crypto is that it doesn't seem to be tied to any 'real world' conditions.
When something like Italy voting weird happens and the Euro is shaky again I expect Crypto go up but it doesn't.
It seems entirely depended on the memeconomy and Grog

The hallmarks of a stable currency, surely.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 04:50:11 PM
https://en.decentral.news/iexec-blockchain-based-cloud-computing/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on June 13, 2018, 05:06:10 PM
You fucking moron. You absolute dipshit. You know how many people would kill for that kind of savings bucket? Put literally all of that shit in a diversified stock portfolio and let it double every 7ish years. And take some of that and MOVE. There is nothing to be gained from crypto currency anymore, the bubble is over.

I agree, he should def just realise when he can.

But there is still a lot to be gained in a fake money pool with 250 billion real moneys worth of fake monies floating around. But not for ppl in Atras position. This is a whales market.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 05:27:14 PM
The two coins I'm heavily invested in, iExec/RLC and Burst, are both blockchain-agnostic. Meaning, they can function with or without the blockchain.

From that article I linked to:
Quote
"The challenge iExec is facing is that they are trying hard not to be a blockchain project. Instead, they want to be referred to as a project that only uses blockchain. This is because they want to always be players. Moreover, they want to target the decentralized economy and provide a new paradigm in consuming computing resources.

Another big challenge is reaching the enterprise level as soon as possible. However, they have started working with a few companies like Intel to ensure that this happens. The fact that iExec is working towards this challenge, shows that they really are intending to become the world’s premier decentralized computing market.

The future looks exciting for iExec. If you are a decentralized business or intending to go into that industry, iExec is definitely your best option."

edit:
Assimilate, another date to look forward to is October 18th of this year:
https://coinmarketcal.com/?form%5Bdate_range%5D=13%2F06%2F2018+-+01%2F09%2F2021&form%5Bcoin%5D%5B%5D=iExec+RLC+%28RLC%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 13, 2018, 08:49:38 PM
You fucking moron. You absolute dipshit. You know how many people would kill for that kind of savings bucket? Put literally all of that shit in a diversified stock portfolio and let it double every 7ish years. And take some of that and MOVE. There is nothing to be gained from crypto currency anymore, the bubble is over.

I agree, he should def just realise when he can.

But there is still a lot to be gained in a fake money pool with 250 billion real moneys worth of fake monies floating around. But not for ppl in Atras position. This is a whales market.
Everything is a fucking whales market in this global economy. It doesn't mean you can't make money. You easily can.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 13, 2018, 10:04:59 PM
https://qz.com/1298221/china-is-suddenly-full-of-nice-things-to-say-about-blockchain-technology/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Tasty on June 14, 2018, 02:51:47 PM
https://www.theverge.com/2018/6/14/17464426/stephen-bannon-white-house-trump-bitcoin-deplorables-ico-italy-coin
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Kara on June 14, 2018, 03:20:09 PM
:nope blockchain

:ohyeah إسناد
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on June 14, 2018, 06:56:05 PM
What's an asnod?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Kara on June 14, 2018, 07:37:19 PM
The chain of transmission for Hadith.

https://www.britannica.com/topic/isnad
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on June 14, 2018, 07:57:40 PM
What's an asnod?

About three pounds.









Wait, no, I told it wrong.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on June 14, 2018, 09:03:05 PM
You fucking moron. You absolute dipshit. You know how many people would kill for that kind of savings bucket? Put literally all of that shit in a diversified stock portfolio and let it double every 7ish years. And take some of that and MOVE. There is nothing to be gained from crypto currency anymore, the bubble is over.

I agree, he should def just realise when he can.

But there is still a lot to be gained in a fake money pool with 250 billion real moneys worth of fake monies floating around. But not for ppl in Atras position. This is a whales market.
Everything is a fucking whales market in this global economy. It doesn't mean you can't make money. You easily can.

totes, but a high risk investment is not what you want to be doing when you're depressed already and a little bit fucked financially IMO. crypto is a lot more top heavy than traditional markets (~250 addresses own the majority of btc), with 0 regulation. they're just fucking with you at this point. you can get lucky for sure, but it's way more of a gamble than crypto bros paint it. you could easily lose money as much as you can easily make it, and you have little agency in the matter.

take your reasonable win, get into stable investment, focus on good living and smangin' some single moms breh
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: naff on June 14, 2018, 09:11:34 PM
idk, at least diversify a bit. or take a holiday to SE Asia or some shit.

im not good at saving, but i am at least starting to look at buying a house and can prolly save another 20k or so this year after i pay off my student loan. i would be sweating bullets if that money was in crypto. it seems atra is too. based on what i'm seeing in here, it seems there's a bit of sunk cost fallacy at play in staying in the market right now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 14, 2018, 10:09:08 PM
Fuck the whales. I’m captain Ahab in this bitch.



https://youtu.be/y28Diszaoo4
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 19, 2018, 07:20:51 AM
https://medium.com/iex-ec/iexec-dev-letter-21-v2-mainnet-security-audits-whats-next-380f96d02e86

>Connect Your Machines and Earn RLC

>To celebrate this mainnet launch, a Worker Airdrop will be organized soon!

>This worker airdrop is an opportunity for you to register your machines as public workers before the official release of public worker pools in September. You’ll be able to run works and get rewarded in RLC. Some random works will have an inflated amount of RLC attached to them for you to seize.

>In the coming weeks, we will configure a workerpool specifically dedicated to this contest. We will choose an application for the airdrop, define an RLC reward policy for participating workers, dry run it on test network and test workers beforehand, prepare out-of-the-box worker clients in order for everyone to participate, prepare the associated marketing… and launch it. Stay tuned for more details!

If you have a nice high end computer there will be an opportunity to earn RLC with it in July.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 19, 2018, 10:38:49 AM
This thing hasn't budged.  :maf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on June 19, 2018, 04:03:12 PM
Whenever Crypto comes up I always tell people to 'buy'. I believe that is the only way to keep this thing going.
However, folks have catched on to the fact that it isn't moving much (at all) anymore.

People in crypto have also stopped looking at their charts and phones at parties every few seconds to see their gains.

I'm getting worried but you should all buy.

 :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 19, 2018, 04:15:16 PM
During times of peak negativity/apathy are usually the best times to buy. :trumps
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 21, 2018, 04:43:00 PM
During times of peak negativity/apathy are usually the best times to buy. :trumps
Yeah well we are definitely in negativity right now. Iexec is fucked
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 21, 2018, 04:58:57 PM
I’m still hopeful overall.

I was accumulating RLC when it was going sideways between February and April.

I’ll probably accumulate more when it begins to go sideways again.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on June 21, 2018, 05:02:36 PM
South Korea is investing in blockchains and coins.  :whew
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on June 21, 2018, 06:29:37 PM
Quote
It's going to enable off-chain processing for ETH, but their endgame is edge/fog computing. It's essentially next-gen cloud infrastructure, which by the way is being developed by iExec, IBM, Microsoft, Samsung, Intel and CISCO_FUCKING_SYSTEMS. Why is this huge? Well. 80% of the world's data is handled by Cisco routers and switches. Now iExec is working with all these behemoths side-by-side @ OpenFog consortium. If these guys want to push new tech, you'd be an absolute distinguished mentally-challenged fellow betting against them.

Imagine you're a datacenter. Now what does it cost to run it all? Literally hundreds of millions to build it and then some more to keep it running. Now imagine you could provide hosting and computing (Amazon Web Services, Netflix runs on it for example), without having to build a huge fucking datacenter. You just rent any goddamn hardware that is idling anywhere in the world to provide your service.

Now, you don't pay for infrastructure. So you cut your prices down. You become appealing to customers. You grow. You become the airBnB and Uber of data networks/service providing.

What do you need the tokens for, you might ask? Well let my autistic-as-fuck ass tell you.
It's to pay the hardware owners for computational cycles. Just like mining, but actually doing work and not wasting electricity for frivolous shit.

Oh, this sort of network model is also ABSOLUTELY CRUCIAL to IoT, since it kills all sorts of problems associated with latency and security. FUCK. This project makes my dick hard.
http://boards.4chan.org/biz/thread/9976984
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on June 21, 2018, 09:47:18 PM
https://store.steampowered.com/app/820750/Cryptocurrency_Clicker/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on June 21, 2018, 09:58:05 PM
So why don't the data center owners just make their own proprietary coins?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on June 22, 2018, 06:57:54 AM
PiedPiperCoin already did it.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on June 22, 2018, 09:39:09 AM
Quote
It's going to enable off-chain processing for ETH, but their endgame is edge/fog computing. It's essentially next-gen cloud infrastructure, which by the way is being developed by iExec, IBM, Microsoft, Samsung, Intel and CISCO_FUCKING_SYSTEMS. Why is this huge? Well. 80% of the world's data is handled by Cisco routers and switches. Now iExec is working with all these behemoths side-by-side @ OpenFog consortium. If these guys want to push new tech, you'd be an absolute distinguished mentally-challenged fellow betting against them.

Imagine you're a datacenter. Now what does it cost to run it all? Literally hundreds of millions to build it and then some more to keep it running. Now imagine you could provide hosting and computing (Amazon Web Services, Netflix runs on it for example), without having to build a huge fucking datacenter. You just rent any goddamn hardware that is idling anywhere in the world to provide your service.

Now, you don't pay for infrastructure. So you cut your prices down. You become appealing to customers. You grow. You become the airBnB and Uber of data networks/service providing.

What do you need the tokens for, you might ask? Well let my autistic-as-fuck ass tell you.
It's to pay the hardware owners for computational cycles. Just like mining, but actually doing work and not wasting electricity for frivolous shit.

Oh, this sort of network model is also ABSOLUTELY CRUCIAL to IoT, since it kills all sorts of problems associated with latency and security. FUCK. This project makes my dick hard.
http://boards.4chan.org/biz/thread/9976984

:rofl
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on June 24, 2018, 01:28:07 PM
iExec at .77 cents

 :mjcry
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on June 24, 2018, 01:29:34 PM
what an incredible bag filling opportunity to expand your vast crypto wealth.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on July 02, 2018, 04:58:40 AM
https://www.wired.com/story/did-satoshi-nakamoto-write-this-book-excerpt-a-wired-investigation/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on July 12, 2018, 09:50:56 AM
https://www.cnbc.com/2018/07/11/start-up-exec-says-his-call-for-60000-bitcoin-is-still-possible-this.html

Bitcoin is only $6,100+ today. I hope you fence sitters get in while it’s still cheap.  :itagaki
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on July 12, 2018, 10:24:51 AM
you'd be better off stocking up on fidget spinners.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on July 12, 2018, 11:27:27 AM
https://www.cnbc.com/2018/07/11/start-up-exec-says-his-call-for-60000-bitcoin-is-still-possible-this.html

Bitcoin is only $6,100+ today. I hope you fence sitters get in while it’s still cheap.  :itagaki
iexec hasn't done shit but lose me money so far. when is this damn thing climbing ?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on July 12, 2018, 12:41:07 PM
Should've sold that pump. :trumps

I'd say it'll rise again during autumn assuming bitcoin doesn't plummet down to $3000 or lower this year.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on July 12, 2018, 12:43:12 PM
Should've sold that pump. :trumps

I'd say it'll rise again during autumn assuming bitcoin doesn't plummet down to $3000 or lower this year.

 :snoop
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: arrow on July 13, 2018, 02:35:46 PM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on July 13, 2018, 04:16:12 PM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??
(https://i.imgur.com/S0bmQ7r.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on July 13, 2018, 04:25:18 PM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??

None of these currencies are showing positive long-term growth, so it's probably the same small group of people constantly buying and selling coins to each other to try to maintain the illusion of interest.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: curly on July 13, 2018, 05:11:16 PM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??

If Wile E Coyote never realized that he was running on thin air, but just kept going, would he have fallen eventually? Bitcoin seeks to answer that question.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on July 14, 2018, 12:29:05 AM
Quote
It's going to enable off-chain processing for ETH, but their endgame is edge/fog computing. It's essentially next-gen cloud infrastructure, which by the way is being developed by iExec, IBM, Microsoft, Samsung, Intel and CISCO_FUCKING_SYSTEMS. Why is this huge? Well. 80% of the world's data is handled by Cisco routers and switches. Now iExec is working with all these behemoths side-by-side @ OpenFog consortium. If these guys want to push new tech, you'd be an absolute distinguished mentally-challenged fellow betting against them.

Imagine you're a datacenter. Now what does it cost to run it all? Literally hundreds of millions to build it and then some more to keep it running. Now imagine you could provide hosting and computing (Amazon Web Services, Netflix runs on it for example), without having to build a huge fucking datacenter. You just rent any goddamn hardware that is idling anywhere in the world to provide your service.

Now, you don't pay for infrastructure. So you cut your prices down. You become appealing to customers. You grow. You become the airBnB and Uber of data networks/service providing.

What do you need the tokens for, you might ask? Well let my *incoherently screeching*-as-fuck ass tell you.
It's to pay the hardware owners for computational cycles. Just like mining, but actually doing work and not wasting electricity for frivolous shit.

Oh, this sort of network model is also ABSOLUTELY CRUCIAL to IoT, since it kills all sorts of problems associated with latency and security. FUCK. This project makes my dick hard.
http://boards.4chan.org/biz/thread/9976984

I don’t think the majority of home PCs and connections are well-suited to being servers.

It might work ok for certain types of works but I don’t think it won’t be able to replace true data centers at scale. Basically, this sounds like it would only work for things that don’t need a ton of data but need a ton of processing, and I’m not sure how many things truly fall into this.

I’m pretty sure that most machine learning algorithms don’t, certainly big database queries don’t. You’d basically need things that are essentially folding at home but has commercial potential.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: arrow on July 14, 2018, 02:52:09 AM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??
(https://i.imgur.com/S0bmQ7r.jpg)

Aha! Blofeld's other cat running the bitcoin show makes sense. When do we get to the part where we find out that Satoshi Nakamoto is actually the head of Spectre, and bitcoin is his attempt to blow up the world's currency market?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: arrow on July 14, 2018, 02:55:14 AM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??
(https://i.imgur.com/S0bmQ7r.jpg)

Edit: WTF? Double post quote? Needs more caffeine.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: team filler on July 18, 2018, 03:45:25 AM
https://www.youtube.com/watch?v=KV5QlSgq7lg
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on July 18, 2018, 10:55:17 AM
https://medium.com/iex-ec/iexec-workerdrop-1-c495774146ff

Gonna try and earn some RLC with my gaming laptop.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on July 23, 2018, 02:25:08 PM
http://www.youtube.com/watch?v=DMonlRsJ5hY
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on July 23, 2018, 04:58:54 PM
https://medium.com/iex-ec/iexec-workerdrop-1-c495774146ff

Gonna try and earn some RLC with my gaming laptop.  :doge
RLC isn't doing shit. it's hovering .60cents range man. wtf is this

at this point i just want to recoup my money from this shitty ass coin  :maf
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on July 23, 2018, 05:02:58 PM
Lol. You’re gonna be kicking yourself for selling the bottom instead of buying more.  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nabbis on August 07, 2018, 07:05:26 AM
Any tips on what opportunities there are to running programs on a pc and generate money? Since i don't pay for electricity(part of the fixed rent) i probably could earn some extra money? Though this is a crypto thread i assume you guys know about other alternatives.  :D
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on August 07, 2018, 07:36:14 AM
http://www.youtube.com/watch?v=xgUB2uyXK6c
 :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on August 14, 2018, 07:05:20 PM
Is it over?

I almost have nothing left on this distinguished mentally-challenged iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.


fuck this shit. do i pull my money out ? god this is brutal
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on August 14, 2018, 07:21:21 PM
Is it over?

I almost have nothing left on this lacking in mental fortitude iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.


fuck this shit. do i pull my money out ? god this is brutal
If you're in the dumps I would just hold until it gets better so you can get your investment back.

It doesn't make much sense to get out when you're going to make a loss.
Chances it'll reach the all time highs again anytime soon are low but if you didn't get in that late you should be able to at least get back what you've invested.

Unless all your money is in some weird niche meme coin.  :doge


I've been gradually pulling out small amounts during peaks these past few months just to decrease the risk. But overall I'm holding on (and still in the green actually, although ETH is taking a beating)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on August 14, 2018, 07:22:40 PM
hodl
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on August 14, 2018, 07:43:35 PM
I haven't lived in "normal" reality for years.  :insane
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: seagrams hotsauce on August 14, 2018, 08:31:09 PM
Is it over?

I almost have nothing left on this lacking in mental fortitude iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.


fuck this shit. do i pull my money out ? god this is brutal


hahaha, lol you're stupid
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on August 14, 2018, 09:00:17 PM
Is it over?

I almost have nothing left on this lacking in mental fortitude iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.


fuck this shit. do i pull my money out ? god this is brutal


hahaha, lol you're stupid

You silly Beak. Miss you   :heartbeat

 :birb
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on August 21, 2018, 02:35:22 PM
https://twitter.com/karbonbased/status/1031541717135179776
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on August 21, 2018, 03:32:24 PM
https://twitter.com/zurich_gnome/status/1031665511829065728
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on August 23, 2018, 07:09:35 PM
It is not time to lay down nor look down.

It is time to rise.

IOTA, they crashed it.

ETH, they crashed it.

BTC, they crashed it.

When is enough, ENOUGH?

Institutional money has entered a market. They are here.

They are using advanced strategies to trigger our stop losses.

This is not one battle.

This is a war.

On all of us.

We all have to work together. Share strategies. Come up with new ones.

Forget which coin is better.

We are fighting for our right to decentralization.

If we do not work together, we will all get rekt.

We have to all have an open discussion about this.

It starts right here. Right now.

They want to fck with us. SO BE IT.

We have the power of bots like them.

BUT WE HAVE MORE DRIVE.

I am TIRED of it.

Tired of the GAMES and MANIPULATION.

They want WAR.

Then let us GIVE THEM WAR.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on August 23, 2018, 07:20:23 PM
Just follow John McCafee

Crypto will be fine with John on our side.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on August 29, 2018, 11:29:21 PM
https://twitter.com/motherboard/status/1034938748851707905
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: team filler on August 30, 2018, 12:57:19 AM
I wanna eat the ass of this blockchain expert slut  :noah

https://www.youtube.com/watch?v=hYip_Vuv8J0&t=815s
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on September 07, 2018, 10:30:18 AM
https://www.reddit.com/r/CryptoCurrency/comments/9dsaii/when_the_bitcoin_price_dips_but_youre_a_long_term/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on October 25, 2018, 04:25:41 PM
#latestagecrypto

I've traded all my remaining Ether for Bitcoin.
Then send everything to Elon Musk who returns between 1 or 200 XBT.

 :birb

spoiler (click to show/hide)
Of course it didn't work out well, and that was 2 weeks ago. How's your cryptolife?
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Assimilate on October 25, 2018, 04:46:38 PM
#latestagecrypto

I've traded all my remaining Ether for Bitcoin.
Then send everything to Elon Musk who returns between 1 or 200 XBT.

 :birb

spoiler (click to show/hide)
Of course it didn't work out well, and that was 2 weeks ago. How's your cryptolife?
[close]
garbage. when iexec (on atras advice) went up, I could have pulled out a profit of like 2gs. Now I'm negative with $600 left in the account.

Title: Re: Bitcoin and Cryptocurrency Thread
Post by: zomgee on November 21, 2018, 01:40:19 PM
atra

atra are you ok
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Atramental on November 21, 2018, 02:21:38 PM
I'm not even looking at it anymore.

My balance might as well be zero for all I care.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on November 21, 2018, 02:41:12 PM
John McAfee says:

https://twitter.com/officialmcafee/status/1064767815431798784 (https://twitter.com/officialmcafee/status/1064767815431798784)

Honestly, I feel that all the bad PR around Crypto (Musk, John, Russian scams etc.) has put a dent in the trustworthyness of the whole thing.
Like it was better when it just ran on the memes.  :fbm
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: brawndolicious on November 21, 2018, 03:09:26 PM
Bitcoin is useless for transactions and will eventually be substituted by nationalized blockchain currencies. There's no value it offers over anything other than being the first.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on November 21, 2018, 04:19:27 PM
The fact that bitcoin is worth 4400 is actually shocking to me. It really should be 0.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: curly on November 22, 2018, 08:25:35 PM
better make up your bitcoin losses by going all in on the Iraqi dinar

https://www.youtube.com/watch?v=O7DtZceEzGI
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on November 23, 2018, 02:24:12 PM
Atra, you on this yet?
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on November 24, 2018, 10:48:58 PM
https://arstechnica.com/tech-policy/2018/11/bitcoin-plunges-12-percent-reaching-lowest-value-in-a-year/

oh olde
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on December 07, 2018, 11:44:21 AM
https://cointelegraph.com/news/market-mayhem-bitcoin-sinks-below-34k-ethereum-plummets-to-double-digits

always long schadenfreude.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on December 07, 2018, 02:02:08 PM
Don't worry John got this

http://www.youtube.com/watch?v=R5q7_UWKcDg

https://twitter.com/officialmcafee/status/1070348849527574528 (https://twitter.com/officialmcafee/status/1070348849527574528)

Funds are safe
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: benjipwns on December 11, 2018, 04:19:35 AM
https://twitter.com/officialmcafee/status/1071395711244267525
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: headwalk on December 11, 2018, 07:11:32 AM
just bought a refurb 1080ti for a bit over half what the identical performance 2080 costs.

cheers bitcoin!
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on December 13, 2018, 08:36:29 AM
Yes, I do feel like we will see a decrease in gpu prices soon.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Nintex on December 15, 2018, 08:07:14 PM
Bitcoin might go down all the way to 0  :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on December 17, 2018, 10:04:16 AM
So it will finally reflect it's real worth.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Kara on February 21, 2019, 01:14:09 AM
https://www.technologyreview.com/s/612974/once-hailed-as-unhackable-blockchains-are-now-getting-hacked/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: team filler on February 21, 2019, 01:35:30 AM
 :fbm
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on February 21, 2019, 09:34:35 AM
FOMO on getting robbed.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on February 21, 2019, 10:56:59 AM
Is dogecoin still secure? :doge
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: BisMarckie on February 21, 2019, 12:25:37 PM
Is dogecoin still secure? :doge

I still have a couple of hundred dogecoins I mined.

I am about to get rich brehs. :rejoice
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: team filler on April 03, 2019, 11:37:07 PM
https://www.rt.com/business/455452-crypto-currencies-rise-bitcoin/

Major cryptos surge after bitcoin suddenly rises from the dead
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on May 16, 2019, 08:02:01 PM
https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Brehvolution on August 14, 2019, 11:33:14 AM
Quote
Lost Crypto Value Surpasses $4.26B Worldwide In 2019
Over $4.26 billion in cryptocurrency holdings were lost globally in the first half of 2019 despite an uptick in regulatory awareness in the industry, cryptocurrency anti-money laundering intelligence firm CipherTrace said in a report published Tuesday

:violin
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Coax on October 24, 2019, 01:38:50 AM
https://www.foxla.com/news/torrance-man-sues-att-over-1-8-million-sim-swap-hack-allegedly-involving-company-employees

Guy invests life savings in cryptocurrency, presumably used SIM-based 2FA for some wallet, phone shows SIM is dead suddenly and guy suspects SIM swap hack and tries to get AT&T to prevent it. Allegedly the hackers according to logs obtained by feds (from Discord lol) paid off AT&T employees to stall prevention while swap was in progress and took control of his accounts.

Who tf uses Discord for disclosing hacking activities :neogaf Though probably less short-sighted than putting one's entire life savings in crypto that you've knowingly tied to a weak point.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Potato on October 24, 2019, 08:15:03 AM
Is this shit still a thing, huh?

Thought it would have been long dead by now.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Great Rumbler on October 24, 2019, 09:54:35 AM
Is this shit still a thing, huh?

Thought it would have been long dead by now.

HODOL
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: kingv on October 25, 2019, 03:08:17 PM
Putting your life savings into crypto is the dumbest possible shit.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Raist on October 26, 2019, 03:48:30 PM
Is this shit still a thing, huh?

Thought it would have been long dead by now.

HODOL

(https://hips.hearstapps.com/cosmouk.cdnds.net/16/18/980x498/gallery-1462532949-hodor-naked.jpg?resize=480:*)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: toku on April 18, 2020, 01:53:02 PM
(https://i.imgur.com/B4QbpWo.jpg)
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on July 26, 2020, 02:01:24 PM
Brooooo weren't you up at 200k
Still, 16k is the dankness. Time to repair your car or buy a pangolin or something.

Have you ever been to Wuhan ?
 :thinking
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on July 26, 2020, 02:14:40 PM
In all honesty i used to think i needed a lot of money, i'm starting to think otherwise. My free time might be more important to me.

I'm content with having a nice apartment/condo with just enough space but not too much space where it's a hassle to maintain, which is close to the beach, with a gym around the corner. I'm good.

I hope Assy is living in a nice condo next to a gym rn, bless up.
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Joe Molotov on September 11, 2020, 02:54:31 PM
https://www.atarichain.com/

 :waluigi
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on September 11, 2020, 04:09:19 PM
https://www.atarichain.com/

 :waluigi

Atrachain ?

spoiler (click to show/hide)
Atari is always the last zombie to jump on a bandwagon that left the station a couple of years ago.
 :snoop
[close]
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: Skullfuckers Anonymous on September 12, 2020, 01:12:52 PM
Learned about this guy from the Pepe doc. Clearly I invested in the wrong cryptos.

https://mobile.twitter.com/CoinDesk/status/964008908040867841
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: VomKriege on October 09, 2020, 06:27:17 AM
Reverse pipeline to Bitcoin from QAnon :

https://youtu.be/zCcgIIhce6s
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: james on February 28, 2024, 11:51:13 AM
So who is rich now
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: MMaRsu on February 29, 2024, 04:08:02 PM
https://www.cnbc.com/2018/07/11/start-up-exec-says-his-call-for-60000-bitcoin-is-still-possible-this.html

Bitcoin is only $6,100+ today. I hope you fence sitters get in while it’s still cheap.  :itagaki

 :rkelly
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: MMaRsu on February 29, 2024, 04:08:30 PM
So who is rich now

clearly atra
Title: Re: Bitcoin and Cryptocurrency Thread
Post by: james on March 05, 2024, 10:56:39 AM
Bitcoin all time high you idiots missed the boat again