Author Topic: Bitcoin and Cryptocurrency Thread (Read 136823 times)

warcock · « **Reply #120 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.

BobFromPikeCreek · « **Reply #121 on:** November 05, 2017, 02:39:27 PM »

Shoulda sold my Bitcoin Cash when I was up 1k

It dropped hard and is stalling and I'm basically at break even again.

Atramental · « **Reply #122 on:** November 05, 2017, 09:11:45 PM »

Bitcoin is dipping quite a bit tonight.

Thank goodness I bought well below $7000.

warcock · « **Reply #123 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.

team filler · « **Reply #124 on:** November 06, 2017, 03:39:04 AM »

beat the shit out of her

CurseoftheGods · « **Reply #125 on:** November 06, 2017, 06:15:02 AM »

i will definitely invest once it drops enough

Atramental · « **Reply #126 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.

Atramental · « **Reply #127 on:** November 06, 2017, 10:14:05 AM »

Oh. You can buy bjork's albums with cryptocurrency, just so you all know.

BobFromPikeCreek · « **Reply #128 on:** November 06, 2017, 10:19:11 AM »

No thanks

Atramental · « **Reply #129 on:** November 07, 2017, 02:36:59 PM »

BobFromPikeCreek · « **Reply #130 on:** November 07, 2017, 03:03:06 PM »

Dude thinks trading operates like an item shop in a video game.

FatalT · « **Reply #131 on:** November 08, 2017, 04:07:43 AM »

Bitcoin is only used for buying drugs on the Internet, duh.

BobFromPikeCreek · « **Reply #132 on:** November 08, 2017, 09:28:33 AM »

We're climbing this morning

SegWit is DOA

agrajag · « **Reply #133 on:** November 08, 2017, 09:55:35 AM »

Yo, what's a good wallet for altcoins that let's you deposit $?

Skullfuckers Anonymous · « **Reply #134 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.

BobFromPikeCreek · « **Reply #135 on:** November 08, 2017, 12:32:47 PM »

ronpaulitshappening.gif

BobFromPikeCreek · « **Reply #136 on:** November 08, 2017, 12:38:47 PM »

Apparently the Segwit fork was cancelled!

BobFromPikeCreek · « **Reply #137 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.

CatsCatsCats · « **Reply #138 on:** November 08, 2017, 01:35:26 PM »

Atra, are you rich yet?

BobFromPikeCreek · « **Reply #139 on:** November 08, 2017, 01:42:04 PM »

Phew. Glad I didn't HODL. Value's crashing back down hard. Sold at the peak.

BobFromPikeCreek · « **Reply #140 on:** November 08, 2017, 02:04:10 PM »

Bought back in and sold back out for an additional 250 bucks profit

Shit's loco today. Where you at Atra?

Atramental · « **Reply #141 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.

BobFromPikeCreek · « **Reply #142 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

Kurt Russell · « **Reply #143 on:** November 08, 2017, 04:54:01 PM »

Quote from: 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?

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.

Atramental · « **Reply #144 on:** November 08, 2017, 05:31:49 PM »

Quote from: CatsCatsCats on November 08, 2017, 01:35:26 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. $:-\$

Atramental · « **Reply #145 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://coinmarketcap.com/currencies/segwit2x/

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

OUCH!

BobFromPikeCreek · « **Reply #146 on:** November 08, 2017, 06:14:57 PM »

Oooooof brutal

CatsCatsCats · « **Reply #147 on:** November 08, 2017, 06:29:24 PM »

Yeeesh

Baiano19 · « **Reply #148 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?

brawndolicious · « **Reply #149 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

warcock · « **Reply #150 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.

agrajag · « **Reply #151 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.

kingv · « **Reply #152 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.

Atramental · « **Reply #153 on:** November 09, 2017, 01:45:26 PM »

Quote from: 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?

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.

BobFromPikeCreek · « **Reply #154 on:** November 09, 2017, 02:00:48 PM »

Trading is in a real slump today. My ticker's looking like a horizontal line.

HardcoreRetro · « **Reply #155 on:** November 09, 2017, 03:01:17 PM »

Is cryptocurrency the money made by graverobbers?

Atramental · « **Reply #156 on:** November 10, 2017, 08:26:53 AM »

Wow. Such dip. Much red.

BobFromPikeCreek · « **Reply #157 on:** November 10, 2017, 08:58:06 AM »

BobFromPikeCreek · « **Reply #158 on:** November 10, 2017, 08:58:43 AM »

Meanwhile, Bitcoin Cash is through the damn roof. Shouldn't have cashed mine out for BTC

Atramental · « **Reply #159 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.

BobFromPikeCreek · « **Reply #160 on:** November 10, 2017, 09:03:08 AM »

I went from up 1k yesterday to now down 300. Crypto's fucking crazy

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.

Atramental · « **Reply #161 on:** November 10, 2017, 09:12:06 AM »

Well. In other news I now own 0.90647499 bitcoin.

So close to 1 whole bitcoin.

I hope it's up by $10,000 USD early next year. *crosses fingers*

BobFromPikeCreek · « **Reply #162 on:** November 10, 2017, 09:13:49 AM »

Pull yourself out of the satoshi gutter and join me in the coin club

Atramental · « **Reply #163 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.

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.

I'm a Puppy! · « **Reply #164 on:** November 10, 2017, 11:04:02 AM »

Quote from: 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.

Yeah. It's almost like it would be...volatile.

BobFromPikeCreek · « **Reply #165 on:** November 10, 2017, 11:17:02 AM »

Just made a few tremendously bad trades and lost another like 200 dollars

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.

Atramental · « **Reply #166 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

Bamelin · « **Reply #167 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.

BobFromPikeCreek · « **Reply #168 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 $:-\$

Atramental · « **Reply #169 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.

Anyways, I'm just going to sit tight and wait for the BCH nonsense to blow over.

Atramental · « **Reply #170 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.

Atramental · « **Reply #171 on:** November 11, 2017, 12:55:54 PM »

Remember the MtGox guy?

BobFromPikeCreek · « **Reply #172 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.

Atramental · « **Reply #173 on:** November 11, 2017, 10:15:00 PM »

For now.

Just keep an eye on it since it's overbought.

BobFromPikeCreek · « **Reply #174 on:** November 11, 2017, 10:19:06 PM »

Yep. Watching it very closely.

BobFromPikeCreek · « **Reply #175 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.

Atramental · « **Reply #176 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.

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

BobFromPikeCreek · « **Reply #177 on:** November 11, 2017, 10:31:40 PM »

Choo choo. I still think this rally has legs, but the reversal's definitely coming.

Atramental · « **Reply #178 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.

edit: I'm making back all my losses in minutes. Holy shit.

BobFromPikeCreek · « **Reply #179 on:** November 11, 2017, 10:40:39 PM »

I'm pretty much planning to stay up as late as I have to watching BCH

Pretty sure the correction is going to be sudden and dramatic.

News:

Author Topic: Bitcoin and Cryptocurrency Thread (Read 136823 times)