1. 05-11-16 03:00 AM #1
    3runhomer
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    Bitcoin: Analysis & Speculation

    Bitcoin: Analysis & Speculation Thread


    This forum has had some quality discussion and instruction regarding Bitcoin and other cryptocurrencies...It was my introduction to the crypto world, and as many are finding out...it is going to have a heavy influence on the future in our offshore sports world.


    There are some very good topics being discussed in random threads about Bitcoin...so I wanted to start a thread that can house those discussions, and we can keep a running dialogue about Bitcoin, industry news, other cryptos, etc...
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  2. 05-11-16 03:05 AM #2
    3runhomer
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    Two sites that I have found helpful for quick analysis and review that @Raiders72001 shared were:

    1) http://coinmarketcap.com/

    2) http://bitcoincharts.com/markets/currency/USD.html
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  3. 05-12-16 03:55 PM #3
    3runhomer
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    I'm still only a few months into the Bitcoin world...but it seems like the last week, there has been more price fluctuation than there has been over the past few months...

    Has anyone else noticed this? Seems like 440-465 has been pretty active and big swings in that range...
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  4. 05-13-16 01:15 AM #4
    raiders72001
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    Quote Originally Posted by 3runhomer View Post
    I'm still only a few months into the Bitcoin world...but it seems like the last week, there has been more price fluctuation than there has been over the past few months...

    Has anyone else noticed this? Seems like 440-465 has been pretty active and big swings in that range...
    I keep an eye on it but have no opinion on where it's going.

    Block size problem isn't as much of a worry anymore.
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  5. 05-13-16 02:13 AM #5
    raiders72001
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    Lisk will be released on May 24th. Should be a wild ride on the price the first few days.

    https://blog.lisk.io/official-lisk-r...3b3#.ng6fii9qc
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  6. 05-13-16 08:31 AM #6
    3runhomer
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    Raiders & other Ether backers...

    Can you walk me through the process of buying Ether? I already have a load of Bitcoin just sitting in my Blockchain wallet...what is my next step to hop on board this train?
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  7. 05-13-16 08:34 AM #7
    3runhomer
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    Quote Originally Posted by raiders72001 View Post
    Lisk will be released on May 24th. Should be a wild ride on the price the first few days.

    https://blog.lisk.io/official-lisk-r...3b3#.ng6fii9qc

    Is lisk a new crypo hitting the market?
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  8. 05-13-16 12:32 PM #8
    raiders72001
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    Quote Originally Posted by 3runhomer View Post
    Raiders & other Ether backers...

    Can you walk me through the process of buying Ether? I already have a load of Bitcoin just sitting in my Blockchain wallet...what is my next step to hop on board this train?
    Here's a list of all the places where you can get ETH http://coinmarketcap.com/currencies/ethereum/#markets

    Most places you buy ETH with BTC https://poloniex.com/exchange#btc_eth

    Some allow trades with cash and other currencies.
    Last edited by raiders72001; 05-13-16 at 12:50 PM.
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  9. 05-13-16 12:34 PM #9
    raiders72001
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    Quote Originally Posted by 3runhomer View Post
    Is lisk a new crypo hitting the market?
    Yes. Some are risky pump and dump. You never know what's going to happen with the new coins.
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  10. 05-13-16 02:55 PM #10
    3runhomer
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    Quote Originally Posted by raiders72001 View Post
    Here's a list of all the places where you can get ETH http://coinmarketcap.com/currencies/ethereum/#markets

    Most places you buy ETH with BTC https://poloniex.com/exchange#btc_eth

    Some allow trades with cash and other currencies.
    After looking at the Poloniex link you posted...I see you buy the Ether and the price is in comparison to Bitcoin...after you make the swap...I'm guessing you will then have "X" amount of Ether...and it won't be based on Bitcoin as the underlying value comparison?
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  11. 05-13-16 03:06 PM #11
    3runhomer
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    Raiders...

    Which of the various exchanges do you have experience with, or know someone who has had good experiences with?
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  12. 05-13-16 05:49 PM #12
    raiders72001
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    Quote Originally Posted by 3runhomer View Post
    Raiders...

    Which of the various exchanges do you have experience with, or know someone who has had good experiences with?
    I use Poloniex, Kraken and BTC-e. Also run my bitcoins through the 3 plus BitStamp.
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  13. 05-13-16 05:50 PM #13
    WILDMAN35
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    great

    Nice job
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  14. 05-14-16 06:51 AM #14
    3runhomer
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    This is bringing me back to my day-trading days...feels like the Wild West! Love it!
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  15. 05-14-16 07:16 AM #15
    3runhomer
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    As of today...looking at the Ether chart...I would wait to buy...should be a pullback coming

    Looking at the last 3 days on the candle chart, there have been 2 days with long wicks up top, meaning they pushed price higher, but could not hold, so sold off...and today, you have a very negative bearish engulfing pattern...

    I'm hoping to see a drop, and load up at a slightly lower price.



    *Current Ether price is $9.95
    Last edited by 3runhomer; 05-14-16 at 07:16 AM. Reason: Added current Ether price
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  16. 05-14-16 07:38 PM #16
    raiders72001
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    $10.23 now. If it hits under $10 again, I may sell and wait to see what happens with Lisk.
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  17. 05-15-16 10:23 AM #17
    3runhomer
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    Quote Originally Posted by raiders72001 View Post
    $10.23 now. If it hits under $10 again, I may sell and wait to see what happens with Lisk.
    Does Lisk have the backing and strong future developmental plans around it like Ether seems to?

    Again, I'm new to following cryptos...but it does seem that Ether has big players behind it....
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  18. 05-16-16 12:31 AM #18
    3runhomer
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    Question about Exchanges:

    If you transfer Bitcoins you already own, to an exchange (like Poloniex)...do you have the option to convert them to USD while you sit and wait for favorable times to buy/trade Bitcoin/Ether?etc...?
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  19. 05-16-16 07:06 AM #19
    LT Profits
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    Quote Originally Posted by 3runhomer View Post
    Question about Exchanges:

    If you transfer Bitcoins you already own, to an exchange (like Poloniex)...do you have the option to convert them to USD while you sit and wait for favorable times to buy/trade Bitcoin/Ether?etc...?
    You would sell them first to get USD in return.
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  20. 05-16-16 01:10 PM #20
    3runhomer
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    Ether is making another big move...9% today to 10.97

    Mad I missed this train!
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  21. 05-16-16 05:38 PM #21
    Ghenghis Kahn
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    raiders and 3runhomer, did you guys purchase any dao tokens? not sure how it's gonna turn out but for 100 dao tokens to 1 ether, it's a hell of a deal.
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  22. 05-16-16 05:40 PM #22
    Ghenghis Kahn
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    Quote Originally Posted by 3runhomer View Post
    Ether is making another big move...9% today to 10.97

    Mad I missed this train!
    well my analysis was right, too bad bovada's holding my bitcoin hostage...
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  23. 05-16-16 09:34 PM #23
    raiders72001
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    Quote Originally Posted by Ghenghis Kahn View Post
    raiders and 3runhomer, did you guys purchase any dao tokens? not sure how it's gonna turn out but for 100 dao tokens to 1 ether, it's a hell of a deal.
    No dao tokens for me.
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  24. 05-17-16 05:03 AM #24
    3runhomer
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    None for me either...
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  25. 05-17-16 06:45 PM #25
    Ghenghis Kahn
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    not even 100 dao tokens huh?
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  26. 05-18-16 12:43 AM #26
    3runhomer
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    Ether exploded! $12.75

    I did read a big article on Ether on Bloomberg...seems to be gaining solid traction
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  27. 05-18-16 05:43 AM #27
    Ghenghis Kahn
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    ether's going nuts. bought 75 more. wish i had my bitcoin when it was ~$10. i literally would've bought the $3500 worth of ether. smh...

    ether might pass $14 today.
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  28. 05-18-16 10:28 AM #28
    3runhomer
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    It's on fire!
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  29. 05-18-16 11:42 AM #29
    Ghenghis Kahn
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    it actually got to $14 and quickly drastic drop. that was crazy but like everything else, ether gets manipulated by some big players.
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  30. 05-18-16 01:41 PM #30
    raiders72001
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    The volume traded on Ether is crazy right now. BTC $83m last 24 hours, ETH $61m.



    The previous hi    gh was $31m

    No coin has ever come close to BTC in a 24 hour period.
    Last edited by raiders72001; 05-18-16 at 01:48 PM.
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  31. 05-18-16 01:49 PM #31
    raiders72001
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    DAO Success Pushes Ethereum Back Above $1 Billion Market Cap
    http://www.financemagnates.com/crypt...on-market-cap/
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  32. 05-18-16 03:08 PM #32
    3runhomer
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    Great read...
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  33. 05-18-16 06:55 PM #33
    Ghenghis Kahn
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    lol ether is nuts... but i love it.
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  34. 05-19-16 01:10 AM #34
    raiders72001
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    Quote Originally Posted by Ghenghis Kahn View Post
    raiders and 3runhomer, did you guys purchase any dao tokens? not sure how it's gonna turn out but for 100 dao tokens to 1 ether, it's a hell of a deal.
    Bought some DAO.
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  35. 05-19-16 02:15 AM #35
    Ghenghis Kahn
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    Quote Originally Posted by raiders72001 View Post
    Bought some DAO.
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