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the btc crash
    #25642560 -

Would now be a good time to buy Btcs?

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Re: the btc crash [Re: Ogla] * 1
    #25642570 -

no one knows, but if its low why not if it goes to even more shit you could just gamble with it for fun I suggest https://www.bustabit.com/


--------------------
For most of the normies out there, an operating system is just a bootloader for Google Chrome.

And I don't know what the mantis is praying for
But he's probably just thanking the Lord
That he don't live in a home
And he don't got a phone
And he don't sit around all angry and bored
(He's just a bug)

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Re: the btc crash [Re: gopher]
    #25642575 -

I would just talking about putting in a couple hundred in the hopes it will rise again soon

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Re: the btc crash [Re: Ogla] * 1
    #25642784 -

Only put money in if you don't need it and won't need it in the forseeable future, I personally think it's definitely going back up but if you're putting in money now hoping for that to happen soon then I wouldn't recommend it. No one knows when or if it will but IMPO it's definitely going back up but probably not for a couple years (at least a few years for it to go up significantly anyway) and will be driven by advancing the tech and making it easier to use and adoption, as of now I'd even argue we probably have at least a little lower to go before we truly find a bottom.

The amount of growth we've saw with the tech in 2018 has been incredible and the amount of interest from powerful institutions and companies has been continuously growing as well and some of the partnerships are really exciting. This market is still in an extremely early stage so it's still new and a little complicated but it's been continuously advancing and getting better, but it'll still take people a while to feel comfortable putting money into the market after watching the roller coaster ride we've had this year. After all this is the first time it got massive mainstream attention so most of the people who only just got in this year weren't around during other times it's fallen by quite a lot, some of those times it dropped even harder then it did this year if you go by percentage loss but it'll still take time to recover from it.

TLDR: If you're hoping it'll go up a lot anytime soon I wouldn't recommend it as of now, if you're throwing some money in where you'd still be ok without it and are holding longterm (meaning a few years or longer) then yeah I personally would highly recommend dipping your toes in.

Edited by SirShroomsAlott (11/27/18 01:56 PM)

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Re: the btc crash [Re: SirShroomsAlott]
    #25642789 -

Hmm, I might have a couple hundred somewhere, maybe a few. I will probably spend it in a week though,lol. (for xmas gifts of course)


--------------------

Edited by tyrannicalrex (11/27/18 01:52 PM)

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Re: the btc crash [Re: tyrannicalrex]
    #25642943 -

Bitcoin may have useful value but it has largely been proven that BTC got this high and higher due to price manipulation utilizing bots and Tether.

It is massively overvalued currently, especially considering how easy it is to get your BTC stolen. - my opinion.

And as far as crypto in general, there much are better options if you want to buy it to use it.. As an investment youre 2 years too late. Wait for it to hit the bottom because that could be a dollar or less.
Ive known some people that made a little money off BTC 9 months ago but the people still holding are where that money came from.

Edited by Andromax (11/27/18 03:11 PM)

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Re: the btc crash [Re: Andromax]
    #25642953 -

I think now is a good time to buy :shrug:

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Re: the btc crash [Re: cannabinated]
    #25642977 -

Litecoin 30.42


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: the btc crash [Re: koods]
    #25643012 -

exactly.

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Re: the btc crash [Re: cannabinated]
    #25643227 -

Fuck crypto, but reserve list MTG cards.


--------------------
Maiden, Mother, and Crone.

You are Me and I am You.

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Re: the btc crash [Re: SARAtonin]
    #25643247 -

i actually found a place on the internet to buy salvia, spices, insencts, kratom and stuff but i cant post it here.  it does not use bitcoins.  im just far afraid to eff up :crankey:


--------------------
The Game Camera-angled for usage of paranoia. how it is, to be, stalked.  :mushroom2:
Snorlax iz Beast
Restless legs are chill :sun:
they get high off you
don't regret the banning :cool:
somatic delusions are fake, make it real

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Re: the btc crash [Re: Ogla] * 1
    #25643736 -

Crazy to think that BTC has "crashed" now that it's down to what, $3,800 dollars?

I know it's far off what it peaked at, but damn. I still remember when I was buying a coin for under $200 bucks.


--------------------
:niffla:

ACADEMY AWARD WINNING ACTOR
WG32 KILLED HOFFA
PROFESSIONAL BALL BUFFERER
WORST NEIGHBORHOOD YARD OF 2026 WINNER
OTD’S FORMER PRODIGAL SON
TODAY IS BEER DAY

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Re: the btc crash [Re: Nifflerz] * 2
    #25643748 -

I was buying them at 13 bucks and made no money off it...

I bought hash the day the silk road went down and lost all my money

Fucking hindsight is a bitch

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Re: the btc crash [Re: Andromax]
    #25644027 -

Andromax said:
Bitcoin may have useful value but it has largely been proven that BTC got this high and higher due to price manipulation utilizing bots and Tether.

It is massively overvalued currently, especially considering how easy it is to get your BTC stolen. - my opinion.





Bitcoin can be stored on "cold" wallets that have never been on a computer that has connected to the internet. There is literally no way to steal those unless someone breaks in your home and forces you to give up your info and wallet file...If you're just holding bitcoin yourself it's pretty easy to keep it secure. Just don't leave it on exchanges ever.

As or whether to buy or not right now. Who knows, it might gain a bit of momentum and then have another giant sell off that pushes it even lower than it just was. (which is the lowest it's been since Sept 2017)


--------------------

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Re: the btc crash [Re: cannabinated]
    #25644037 -

cannabinated said:
I was buying them at 13 bucks and made no money off it...

I bought hash the day the silk road went down and lost all my money

Fucking hindsight is a bitch


Damn that sucks.

I wonder if Bitcoin will ever go back up.....i hope so.

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Re: the btc crash [Re: LogicaL Chaos] * 1
    #25644055 -

It's up 7.5% over the last 24 hours. I'm thinking it might drop even further than it did though. (sub $3000)


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Re: the btc crash [Re: sh4d0ws]
    #25644264 -

Bitcoin can be stored on "cold" wallets that have never been on a computer that has connected to the internet. There is literally no way to steal those unless someone breaks in your home and forces you to give up your info and wallet file...If you're just holding bitcoin yourself it's pretty easy to keep it secure. Just don't leave it on exchanges ever.

Not true...look up something called a "collision" :wink:


--------------------
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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Re: the btc crash [Re: trendal]
    #25644412 -

I was under the impression that was extremely unlikely if your key pair is generated properly (see https://arstechnica.com/information-technology/2015/05/crypto-flaws-in-blockchain-android-app-sent-bitcoins-to-the-wrong-address) I think a lot of apps/programs take random computer data to help generate a key, hence making it extremely extremely extremely unlikely that could ever happen although maybe not impossible?

Maybe I'm wrong and the probability is higher? What is worrying is that, over time computer processing will advance enough that it could just check millions or billions of keys in seconds or whatever. But I also imagine by then, if any of the same cryptocoins are around, they would probably update the way they generates key pairs and people would be moving their coins to a stronger more secure wallet


Hmmm. I have thought of this before I just figured it was basically impossible but maybe not?


--------------------

Edited by sh4d0ws (11/28/18 08:17 AM)

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Re: the btc crash [Re: cannabinated]
    #25644500 -

cannabinated said:
I was buying them at 13 bucks and made no money off it...

I bought hash the day the silk road went down and lost all my money

Fucking hindsight is a bitch



At the very begging of silk road, btc were 0.80cents.  I shit you not

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Re: the btc crash [Re: sh4d0ws]
    #25644585 -

You are right, it is quite unlikely...

However, I knew of a project around that was using distributed computing to find collisions...and they actually were finding some. They were all very small balances, but the proof of work was done.


--------------------
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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Re: the btc crash [Re: trendal] * 1
    #25644757 -

Price is already going up. I'm dropping a couple hundred in after work

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Re: the btc crash [Re: Ogla]
    #25644766 -

Why not invest in a nice index fund. Stop thinking about getting rich quick. That kind of thinking will not serve you well in life


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: the btc crash [Re: koods] * 1
    #25644780 -

I aint trying to get rich quick, rather I wanna buy some things online and in hoping the increase will let me buy a little more things online :wink:

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Re: the btc crash [Re: cannabinated]
    #25644784 -

cannabinated said:
I was buying them at 13 bucks and made no money off it...

I bought hash the day the silk road went down and lost all my money

Fucking hindsight is a bitch


I had some around the same time from mining and sold them. Now I'm just bitter and refuse to buy back in. I might consider buying an ASIC or whatever they use to mine these days if there was an ok one for $100 or so.

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Re: the btc crash [Re: sh4d0ws]
    #25645065 -

sh4d0ws said:
It's up 7.5% over the last 24 hours. I'm thinking it might drop even further than it did though. (sub $3000)


I think the bubble in 2017 might be just a small blip on the graph in a few years. At least until a better coin comes out.

I was honestly thinking people were just selling their coins for black friday and that was partly why I got some.

IMO the way to trade coins is to wait until it gets volatile and just buy during negative spikes. High frequency trading is the best bet plus it hones your ability to speculate.

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Re: the btc crash [Re: cannabinated]
    #25645226 -

So much bitcoin wealth is concentrated with such a small number of people, it really isn’t a game for the little guy. The little guy is nothing but a sucker. It may work out from time to time, but more than any other asset in modern times, cryptos are a way for the big guy to scam the little guys


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: the btc crash [Re: koods] * 1
    #25645435 -

Now is a GREAT time to buy, honestly, I've beeen praying for this.

Fingers crossed for 1500.
Your naive and ignorant if you think you'll ever see btc prices that low again. Or that a crypto designed by a private company, regardless of how decentralized it is, will overtake Bitcoin anytime soon. The infrastructure is becoming seamless with regards to purchasing, spending, and selling.
Ohio just announced that people are now able to pay taxes with btc. It's already begun to rebound since dropping below 3700..


I predict a glorious fucking spring.
BTC 10k by April.


--------------------
zen by age ten times six hundred lifetimes
Light up the darkness.

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Re: the btc crash [Re: hTx]
    #25645454 -

You're* naive and ignorant

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Re: the btc crash [Re: cannabinated] * 1
    #25645460 -

Thanks for that captain grammarman.


--------------------
zen by age ten times six hundred lifetimes
Light up the darkness.

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Re: the btc crash [Re: hTx]
    #25645464 -

:cool:

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Re: the btc crash [Re: cannabinated] * 3
    #25645469 -

Captian Grammarman*

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Re: the btc crash [Re: psi]
    #25645474 -

psi said:
cannabinated said:
I was buying them at 13 bucks and made no money off it...

I bought hash the day the silk road went down and lost all my money

Fucking hindsight is a bitch


I had some around the same time from mining and sold them. Now I'm just bitter and refuse to buy back in. I might consider buying an ASIC or whatever they use to mine these days if there was an ok one for $100 or so.



I own 6 ASICS they barely make anything anymore and when they release better models they always jack the price like crazy. Also, usually if they're releasing a better model (bitmain) it means they have an even better one in the works or ready that they will then mine with for months before it gets released to the public. This causes the difficulty level to go up significantly meaning the miner you buy from them will make fuck all.

At the electricity price I pay here I make so little off my ASICs now that I don't even run them. Some literally make nothing.

If bitcoin goes up significantly it could be worth it maybe, but that is too much of a gamble for me.

tl;dr I don't recommend crypto mining for the average person anymore. The companies like bitmain that both make ASIC chips and use them to mine in massive chinese mining operations make it nearly impossible to make money off it.


I owned 300 bitcoins that I bought for $10 each. HODL


--------------------

Edited by sh4d0ws (11/28/18 05:37 PM)

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Re: the btc crash [Re: PatrickKn] * 4
    #25645489 -

Captain*


--------------------
zen by age ten times six hundred lifetimes
Light up the darkness.

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Re: the btc crash [Re: hTx] * 6
    #25645564 -

:baseballfuck:

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Re: the btc crash [Re: hTx]
    #25645584 -

hTx said:
Now is a GREAT time to buy, honestly, I've beeen praying for this.

Fingers crossed for 1500.
Your naive and ignorant if you think you'll ever see btc prices that low again. Or that a crypto designed by a private company, regardless of how decentralized it is, will overtake Bitcoin anytime soon. The infrastructure is becoming seamless with regards to purchasing, spending, and selling.
Ohio just announced that people are now able to pay taxes with btc. It's already begun to rebound since dropping below 3700..


I predict a glorious fucking spring.
BTC 10k by April.


More like 1k


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: the btc crash [Re: hTx]
    #25645641 -

hTx said:
Captain*


You guys are getting good at this!

:justastonishing:

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Re: the btc crash [Re: koods]
    #25645786 -

koods said:
hTx said:
Now is a GREAT time to buy, honestly, I've beeen praying for this.

Fingers crossed for 1500.
Your naive and ignorant if you think you'll ever see btc prices that low again. Or that a crypto designed by a private company, regardless of how decentralized it is, will overtake Bitcoin anytime soon. The infrastructure is becoming seamless with regards to purchasing, spending, and selling.
Ohio just announced that people are now able to pay taxes with btc. It's already begun to rebound since dropping below 3700..


I predict a glorious fucking spring.
BTC 10k by April.


More like 1k


If you're feeling confident let's bet on that but remove the April timeline, a full bitcoin is the price for losing and the bet is whether it will hit 1k or reach new all time highs first regardless of timeline, so I'll bet it reaches new all time highs before going as low as 1k. If you're not feeling as confident, I'm willing to bet a dollar.

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Re: the btc crash [Re: koods]
    #25645903 -

because nice index funds are funded by blood money


--------------------
nothingness is the ultimate reality

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Re: the btc crash [Re: Ferbernardo]
    #25645911 -

https://dailyhodl.com/2018/11/28/bitcoin-and-crypto-are-here-to-stay-says-new-york-stock-exchange-chairman-as-bakkt-launch-approaches/

its not the price you should be looking at, but the technology and future potential. All the time in humanities history rich people get richer and play their own games, the same is with crypto.. But it is from tech side amazing discovery in our lifetime, don't be so weak and fall back into the bankers pocket. They own you if you own fiat money, goodluck


--------------------
nothingness is the ultimate reality

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Re: the btc crash [Re: Ferbernardo] * 1
    #25645986 -

Id invest in dogecoin, I heard its going to the moon


--------------------
For most of the normies out there, an operating system is just a bootloader for Google Chrome.

And I don't know what the mantis is praying for
But he's probably just thanking the Lord
That he don't live in a home
And he don't got a phone
And he don't sit around all angry and bored
(He's just a bug)

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Re: the btc crash [Re: gopher]
    #25646166 -

gopher said:
Id invest in dogecoin, I heard its going to the moon



I actually made a nice sum on Doge last december, even sh*tcoins went up, doge more than doubled my money, I'm a cat fiend but doge and I are cool :doge:


Last year at the boom you could quite literally write coin names on golfballs, have a cow swallow them, wait a day, invest your life savings on the first coin you pulled out of her ass and STILL make bank.

It was epic.


--------------------
Omnicyclion.org
personal empowerment for the world

:nyan: LGBT - Love God Before Tradition :nyan:

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Re: the btc crash [Re: hTx]
    #25646274 -

hTx said:
Now is a GREAT time to buy, honestly, I've beeen praying for this.

Fingers crossed for 1500.
Your naive and ignorant if you think you'll ever see btc prices that low again. Or that a crypto designed by a private company, regardless of how decentralized it is, will overtake Bitcoin anytime soon. The infrastructure is becoming seamless with regards to purchasing, spending, and selling.
Ohio just announced that people are now able to pay taxes with btc. It's already begun to rebound since dropping below 3700..


I predict a glorious fucking spring.
BTC 10k by April.


That be perfect if it goes up by April. I'm definitely dropping in like 5-600 by January before I leave that way I have a little whenever I get to Alaska in April

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Re: the btc crash [Re: Ferbernardo]
    #25646384 -

Ferbernardo said:
because nice index funds are funded by blood money


And Bitcoin isn't?


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: the btc crash [Re: koods]
    #25646387 -

Its nerds funding it

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Re: the btc crash [Re: cannabinated]
    #25646402 -

It’s criminals. The whole enterprise is a fraud


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

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Re: the btc crash [Re: koods]
    #25646527 -

It has other uses!

And it was born from the technological age.

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Re: the btc crash [Re: koods]
    #25646555 -

It’s alien technology to enslave the human race


--------------------
NotSheekle said
“if I believed she was 16 I would become unattracted to her”

Edited by koods (11/29/18 12:22 PM)

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Re: the btc crash [Re: koods]
    #25646887 -

I don’t fuck around with alien technology


--------------------


theRealrollforever said:
That’s not possible; even with computers

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Re: the btc crash [Re: theRealrollforever]
    #25646898 -

theRealrollforever said:
I don’t fuck around with alien technology


don't be a pussy
:aliendance:


--------------------
Dream it, plan it, build it, do it

Every year is getting shorter, never seem to find the time...

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Re: the btc crash [Re: Big Bear]
    #25647135 -

put 250 in today.


--------------------

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Re: the btc crash [Re: tyrannicalrex]
    #25647207 -

I put 240 in yeaterday, but I'm likely about to spend it

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Re: the btc crash [Re: koods]
    #25647740 -

while most of the people on Earth are criminals, including government, what else do you expect??? :laugh:


--------------------
nothingness is the ultimate reality

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