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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#24850978 - 12/17/17 12:31 AM (6 years, 1 month ago) |
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Bitcoin will continue to rise and hold supreme though.
It is basically regarded as equivalent to gold while litecoin and etherum are similar to silver.
Bitcoin right now is the value to which all other coins are compared.
Although it could be replaced.... At this point it seems unlikely unless something very drastic happens over time.
-------------------- Within You , Without You
      
Edited by Enkidu (12/17/17 12:32 AM)
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SirShroomsAlott
Howdy



Registered: 05/15/14
Posts: 6,945
Loc: United States
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#24851032 - 12/17/17 01:38 AM (6 years, 1 month ago) |
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People who aren't just buying into the hype and are actually looking into a viable cryptocurrency will cause bitcoin to die and become useless. Those better cryptos already exists but it'll be a very long time before that becomes common knowledge but I'll continue to enjoy the profits from bitcoin until people realize it's trash. Litecoin is kind of trash and has no real use, even the creator of it recently came out and said if you can't handle it being 20$ don't buy into it. Ethereum and cryptos similar to it are some of the best as long as privacy isn't your only goal, Ethereum IMO is #1 until something better comes along but who knows when that will be.
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trendal
J♠



Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: SirShroomsAlott]
#24851167 - 12/17/17 06:46 AM (6 years, 1 month ago) |
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Has anyone looked into CryptoKitties? It's some new game that my wife is getting into...uses Ethereum.
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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ashfiken
TotalCrazyasshole


Registered: 09/06/06
Posts: 3,072
Loc: SCranton
Last seen: 1 hour, 18 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trendal]
#24851295 - 12/17/17 09:03 AM (6 years, 1 month ago) |
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Just dont let her buy one of those fucking things worth 50000!! Hahah And enkido
I'm long icn Got in at 99c They offer digital asset arrays to newcomers to cryptos that want legal/taxable and straightforward entry into cryptospace. They must've been doin well lately for price to jump so much..
Also recently posted bout xlm I think it could poise to be a very usable tech Among peers, companies, banks. Actually usable unlike BTC. Although these coins are unmineable so Will never hold the value other cryptos may. But therefore you are investing in the tech and political aptitude the project has to be usable on large scale future economic basis. I like stellar but it's like betting on horses at the point which is why I am not as confident as say in ether or icn. It could be this to be used or ripple or bcash or dash or who knows which one tht can move value around the globe for low fees and quickly..
Cheers
-------------------- hmm... "I'm naked and fearless... And my fear is naked." "life isn't worth living without the threat of death" "I got my plans in a ziploc bag, let's see how unproductive we can be" "nobody lives their lives fully except for bull fighters" My Trade List
Edited by ashfiken (12/17/17 09:05 AM)
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trendal
J♠



Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: ashfiken]
#24851301 - 12/17/17 09:06 AM (6 years, 1 month ago) |
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I gave her about $30 worth of ETH. It's all gone, now 
Maybe she can actually make something of her investment
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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ashfiken
TotalCrazyasshole


Registered: 09/06/06
Posts: 3,072
Loc: SCranton
Last seen: 1 hour, 18 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: trendal]
#24851305 - 12/17/17 09:08 AM (6 years, 1 month ago) |
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Dood. Maybe so. 30$ is plenty and you see how quick it went lmao. People on there were buying for .5 eth and selling for 3 so it's possible! I can't believe it. Think it's great to bring people to the space and what (even on basic levels) it's capable of!!
Cheers
-------------------- hmm... "I'm naked and fearless... And my fear is naked." "life isn't worth living without the threat of death" "I got my plans in a ziploc bag, let's see how unproductive we can be" "nobody lives their lives fully except for bull fighters" My Trade List
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: ashfiken]
#24851324 - 12/17/17 09:25 AM (6 years, 1 month ago) |
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Hmm that's interesting. Yeah I might invest a small amount in ICN as well.
I want to have a little bit of bitcoin, ether, and litecoin, then some smaller alt coins like xlm, xpr, icn, at least that's what I'm thinking at the moment.
Fuck, shoulda read the earlier posts ... but things change so quickly as well.
-------------------- Within You , Without You
      
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#24851449 - 12/17/17 10:32 AM (6 years, 1 month ago) |
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Its now been 13 days since the first buy and I've been learning and gathering momentum ever since.
At this point in time, 2 weeks after the first exploratory buy of 2 NEO, my investment across the board (Big 5 & Basket of 20) increased from 100% to 168.33%
Of this new 100% I cashed out 45% (77% of the invested sum) as money retaining 55% of the value as crypto.
You heard that right: only 23% of the originally invested sum is still in 25 kinds of crypto worth 92% of the originaly invested sum 
Next stop is reinvesting that money to expand the Basket of 20 to a Basket of 35 and topping the ones up that are already in it.
Now we make money
-------------------- Omnicyclion.org higher knowledge starts here
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Mush 4 Brains
about tree fiddy


Registered: 12/19/07
Posts: 8,298
Loc: Tacos
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#24851462 - 12/17/17 10:40 AM (6 years, 1 month ago) |
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Is there a better feeling than making money in your sleep?
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ashfiken
TotalCrazyasshole


Registered: 09/06/06
Posts: 3,072
Loc: SCranton
Last seen: 1 hour, 18 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Mush 4 Brains]
#24851564 - 12/17/17 11:31 AM (6 years, 1 month ago) |
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I mean it's great, for sure. But seeing the dollar collapse and people not feel the need to transact in anything but crypto will feel even better
Cheers
-------------------- hmm... "I'm naked and fearless... And my fear is naked." "life isn't worth living without the threat of death" "I got my plans in a ziploc bag, let's see how unproductive we can be" "nobody lives their lives fully except for bull fighters" My Trade List
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: ashfiken]
#24851642 - 12/17/17 12:06 PM (6 years, 1 month ago) |
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I'm probably the only one who hasn't made money recently on alts. Except for my 7 ether, lol. I am doing well on btc
Asante, leave it in and let it ride. Why cut your own money tree back? You started with what you could afford to lose, go for it.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Stonehenge]
#24851732 - 12/17/17 12:58 PM (6 years, 1 month ago) |
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I have trimmed down the money tree disproportionately so that I hold more cryptos for even less money and have most of that money back to reinvest it into the portfolio, leading hopefully to more robust gains.
Verge was 6.3, now it's 4.3. Around the peak I dumped half my verge. Should I now buy back I have more Verge for the same money.
My plan is different however, to go from 20 cryptos to 35 and increase the token sum by 1.5x. This puts 2.6x more action on the table, hopefully leading to gains following suit.
-------------------- Omnicyclion.org higher knowledge starts here
Edited by Asante (12/17/17 01:03 PM)
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante]
#24852226 - 12/17/17 05:44 PM (6 years, 1 month ago) |
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Sure, I understand but you were lucky that it pulled back after you sold some. Buy back in and leave it all in. The time to cash out a coin is when you have information you didn't have before that tells you its topped out or may go down. Taking out profits means less gain down the road.
I learned this the hard way, early this year I had what seemed like a huge profit from cashing out. But I saw it keep going up and gradually realized I had gotten off the train way too soon. I got back in and my nice profit multiplied. I say pffft to the irs and taxes. I will pay my taxes but not until I'm cashing out seriously. By then taxes will be lower and not so bad.
Meanwhile btc is still up around $19,000 each. I think it will pull back some this week since its been on a torrid upswing. I quit buying unless someone will sell too cheap, lol. I am selling small amounts in hopes of buying it back. Does that contradict what I said? No, IMO coin is predictable at times. It goes up, it goes up and then it goes down. From the beginning its been that way. I'm not cashing out 1/2 or 1/4 my coin, just a fraction here and there when I see a high price I can get in at.
I'm not willing to sell a large amount, if I could sell 20 coins now at the top I wouldn't do it. The chance it will keep going up is balanced by the possibility it will go down in the short run. While my gut says it will go down based on past history it has occasionally gone up instead. So we are gambling, trying to do the best we can.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Stonehenge]
#24852347 - 12/17/17 06:25 PM (6 years, 1 month ago) |
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Holy smokes! I just took a look and btc is down in the low 18s already. The drop I spoke of possibly happening in the next week may have started now. At a minimum its time to think about buying again. No more selling for me until I see what is going on. But it may be back up by morning, you never know.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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SirShroomsAlott
Howdy



Registered: 05/15/14
Posts: 6,945
Loc: United States
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Stonehenge]
#24852349 - 12/17/17 06:27 PM (6 years, 1 month ago) |
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I have a feeling it will be, CME implemented futures today and now the market is dropping. IF I'm right it's just following the same exact pattern it followed the day CBOE implemented futures, whole market dropped and then quickly rebound.
I'm praying Verge increases a lot further than it does now, I already made 500% plus profit on it and it's only 5 cents, whenever it goes up high enough I want to sell half of the amount I own to buy back into ethereum and just add to my bitcoin wallet.
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: SirShroomsAlott]
#24852538 - 12/17/17 07:43 PM (6 years, 1 month ago) |
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I'm hopin Bitcoin and eth and lite all crash around mid January when I'll have money to invest
When I do, I'm buying and holding. Gonna forget about it and check back next year.
I'll probably try to stay up to date relatively in case any big changes predict disaster... But I plan to buy and sit.
I don't have a lot to invest though anyway
-------------------- Within You , Without You
      
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Bodhi of Ankou
*alternate opinion blocks path*


Registered: 06/02/09
Posts: 24,778
Loc: Soviet Canukistan
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#24852867 - 12/17/17 11:23 PM (6 years, 1 month ago) |
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I just made 3k on GRS. HAHAHAHAHA. Thats like a months wage for most people.
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Earthsweeties
Curioso
Registered: 10/06/16
Posts: 59
Last seen: 5 years, 5 months
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Bodhi of Ankou]
#24852991 - 12/18/17 03:26 AM (6 years, 1 month ago) |
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A lot of financial firms talking down bitcoin in the media today it appears... Anything to be weary of?
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Bodhi of Ankou
*alternate opinion blocks path*


Registered: 06/02/09
Posts: 24,778
Loc: Soviet Canukistan
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Earthsweeties]
#24852992 - 12/18/17 03:27 AM (6 years, 1 month ago) |
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Quote:
Anything to be wary of?
The opinions of financial firms when it comes to cryptos.
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SirShroomsAlott
Howdy



Registered: 05/15/14
Posts: 6,945
Loc: United States
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Bodhi of Ankou] 2
#24853035 - 12/18/17 04:29 AM (6 years, 1 month ago) |
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Financial firms try to shit on bitcoin/cryptos every chance they get.
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