Author Topic: Bitcoin and Cryptocurrency Thread (Read 185445 times)

agrajag · « **Reply #301 on:** December 01, 2017, 02:26:56 AM »

I'm still holding brehs

warcock · « **Reply #302 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 ...

warcock · « **Reply #303 on:** December 01, 2017, 06:19:59 PM »

Quote from: Momo on November 28, 2017, 11:15:54 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.

benjipwns · « **Reply #304 on:** December 03, 2017, 02:24:51 PM »

Quote from: Great Rumbler on November 30, 2017, 10:53:20 PM

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

benjipwns · « **Reply #305 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

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."

agrajag · « **Reply #306 on:** December 03, 2017, 02:29:34 PM »

sold half my bc when it was at $11,720.

BobFromPikeCreek · « **Reply #307 on:** December 03, 2017, 04:57:43 PM »

Big corrections across the board right now. Might drop some cash into LTC during the dip.

Atramental · « **Reply #308 on:** December 03, 2017, 07:27:12 PM »

I'm afraid we're never gonna see 4 digit btc prices for a long time.

Guess I'll just buy eth and iota.

agrajag · « **Reply #309 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.

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.

Momo · « **Reply #310 on:** December 03, 2017, 10:49:06 PM »

iota worth gambling a hundred dollars on?

Atramental · « **Reply #311 on:** December 03, 2017, 10:55:03 PM »

Quote from: Momo on December 03, 2017, 10:49:06 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.

Momo · « **Reply #312 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 (

) and MIOTA.

Atramental · « **Reply #313 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.

Momo · « **Reply #314 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)

Atramental · « **Reply #315 on:** December 03, 2017, 11:27:48 PM »

I swear if IOTA goes to $3 before I get that $1000...

I've been starring at that coin for weeks on and off when it was still below a dollar.

Atramental · « **Reply #316 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.

I probably shouldn't look at the price until the end of this week.

Momo · « **Reply #317 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

Atramental · « **Reply #318 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". 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.

Atramental · « **Reply #319 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.

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.

I searched for the ether address I sent 10 ETH to on etherscan and the transaction is not showing up.

Momo · « **Reply #320 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)

Skullfuckers Anonymous · « **Reply #321 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?

Atramental · « **Reply #322 on:** December 04, 2017, 02:01:42 PM »

Should've just bought litecoin....

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.

Quote from: 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)

Minimum deposit amount is .1 ETH on bittrex.

I sent in 10 ETH.

Atramental · « **Reply #323 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.

I'm a Puppy! · « **Reply #324 on:** December 04, 2017, 02:27:38 PM »

Oh dear...who could've foreseen anything like this happening? Such surprise.

Atramental · « **Reply #325 on:** December 04, 2017, 02:36:07 PM »

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/

recursivelyenumerable · « **Reply #326 on:** December 04, 2017, 02:39:59 PM »

First ever legitimate application of cryptocurrency

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.

recursivelyenumerable · « **Reply #327 on:** December 04, 2017, 02:40:32 PM »

Quote from: recursivelyenumerable on December 04, 2017, 02:39:59 PM

First ever legitimate application of cryptocurrency

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

Atramental · « **Reply #328 on:** December 04, 2017, 02:45:44 PM »

IT FINALLY ARRIVED AHAAAHAHAHAHAHA

agrajag · « **Reply #329 on:** December 04, 2017, 02:53:28 PM »

GDAX can't verify my identity so I'm stuck using scrub Coinbase

Joe Molotov · « **Reply #330 on:** December 04, 2017, 03:41:09 PM »

But Kyrpto is a dog, tho?

recursivelyenumerable · « **Reply #331 on:** December 04, 2017, 03:53:20 PM »

Quote from: Joe Molotov on December 04, 2017, 03:41:09 PM

But Kyrpto is a dog, tho?

great startup opportunity.

warcock · « **Reply #332 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.

Atramental · « **Reply #333 on:** December 04, 2017, 05:21:13 PM »

recursivelyenumerable · « **Reply #334 on:** December 04, 2017, 06:36:58 PM »

why is the blackboard covered in physics equations

Atramental · « **Reply #335 on:** December 04, 2017, 06:38:49 PM »

It's virtual cat fucking physics.

Atramental · « **Reply #336 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.

edit: starting to shoot up now.

Atramental · « **Reply #337 on:** December 04, 2017, 06:51:37 PM »

The absolute state of /biz/

Joe Molotov · « **Reply #338 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

Atramental · « **Reply #339 on:** December 04, 2017, 09:00:28 PM »

Apparently the Crypto Kitties are starting to tank.

Thank god.

Atramental · « **Reply #340 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.

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.

Atramental · « **Reply #341 on:** December 05, 2017, 12:42:49 PM »

Quote from: Atramental on December 04, 2017, 02:45:44 PM

IT FINALLY ARRIVED AHAAAHAHAHAHAHA

(Image removed from quote.)

To tha moon!

edit: still going up

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?

Atramental · « **Reply #342 on:** December 05, 2017, 12:57:58 PM »

Also, here's some great resources I just discovered:
http://www.coinscalendar.com/
http://coinmarketcal.com/

warcock · « **Reply #343 on:** December 05, 2017, 08:22:44 PM »

Hmm that calendar shit is pretty great

Atramental · « **Reply #344 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.

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:

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.

warcock · « **Reply #345 on:** December 06, 2017, 01:04:13 PM »

Doubled my money with einsteinium. hold through fork or sell, tell me atra sempai.

Atramental · « **Reply #346 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.

warcock · « **Reply #347 on:** December 06, 2017, 01:51:14 PM »

thx atra, this thread needs more epic bullrun 4chan pix tho

warcock · « **Reply #348 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.

Rufus · « **Reply #349 on:** December 06, 2017, 04:17:39 PM »

https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613

Atramental · « **Reply #350 on:** December 06, 2017, 04:28:31 PM »

Quote from: Rufus on December 06, 2017, 04:17:39 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.

thisismyusername · « **Reply #351 on:** December 06, 2017, 04:31:56 PM »

Quote from: Rufus on December 06, 2017, 04:17:39 PM

https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613

The absolute state of cryptocurrencies.

Skullfuckers Anonymous · « **Reply #352 on:** December 06, 2017, 04:39:46 PM »

Quote from: Rufus on December 06, 2017, 04:17:39 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.

Atramental · « **Reply #353 on:** December 06, 2017, 05:07:05 PM »

Yep, this is totally normal and healthy growth.

BobFromPikeCreek · « **Reply #354 on:** December 06, 2017, 06:30:37 PM »

um wtf is going on?

CatsCatsCats · « **Reply #355 on:** December 06, 2017, 06:33:28 PM »

The tulips are blooming

BobFromPikeCreek · « **Reply #356 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?

Atramental · « **Reply #357 on:** December 06, 2017, 06:48:59 PM »

Hah.

I bet it could go straight up for days.

Atramental · « **Reply #358 on:** December 06, 2017, 11:13:23 PM »

Momo · « **Reply #359 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

News:

Author Topic: Bitcoin and Cryptocurrency Thread (Read 185445 times)