crypto currency discussion

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  • hotcross
    SBR Hall of Famer
    • 08-04-17
    • 7934

    #6826
    Archie get off your laughing azz and give us a college hoops winner!
    Comment
    • The Giant
      SBR Posting Legend
      • 01-21-12
      • 21480

      #6827
      Can you send BTC directly to gdax or does it have to come via coinbase?

      I just tried to send some BTC from the blockchain to gdax and for some reason it went to Coinbase.
      Comment
      • The Giant
        SBR Posting Legend
        • 01-21-12
        • 21480

        #6828
        Okay, nevermind. I see they forward it ahead.
        Comment
        • Bsims
          SBR Wise Guy
          • 02-03-09
          • 827

          #6829
          Bittrex is removing 80 alt coins from its exchange. Buried in the article is the following statement. "The unpopular truth is that over 99% of altcoins will never serve any real purpose and shouldn’t even be listed on any exchanges in the first place." I've made the statement that I believe 99%+ of the alt-coins will disappear. I think that's fairly certain. The question is which ones and when. The real question is which coin will survive? I'm also curious if the recent price softness is indicative that this process is beginning?

          Comment
          • Chi_archie
            SBR Aristocracy
            • 07-22-08
            • 63167

            #6830
            Originally posted by Bsims
            Bittrex is removing 80 alt coins from its exchange. Buried in the article is the following statement. "The unpopular truth is that over 99% of altcoins will never serve any real purpose and shouldn’t even be listed on any exchanges in the first place." I've made the statement that I believe 99%+ of the alt-coins will disappear. I think that's fairly certain. The question is which ones and when. The real question is which coin will survive? I'm also curious if the recent price softness is indicative that this process is beginning?


            yep, you and I have posed this question and made the statement a few different times over the past few months and I don't think I ever saw a thoughtful reply on it.
            Comment
            • Arky
              SBR MVP
              • 12-09-11
              • 1101

              #6831
              Eh, it depends I think. There are 1568 coins listed on CoinMarketCap. 1% would be 15.68 coins. So, there's only about 16 coins that are worth investing in? For long term that might be true....

              How many coins are actually doing worthwhile projects? I'd say there are more than 16...

              How many coins can you make money on if you're playing the market? I'd say there's a bunch...

              I think the terms "scammy" vs. "non-scammy" might lead to a better breakdown.... What projects are going to actually follow up with some progress, work and spit out a product and which are going to take the funding and run?
              Comment
              • SBR_Guest_Pro
                SBR MVP
                • 02-10-15
                • 3955

                #6832
                what is the record on the biggest players talk thread
                Comment
                • firekillex
                  SBR Hall of Famer
                  • 09-18-13
                  • 6420

                  #6833
                  been sick last 1-2 weeks havent been around much
                  good time to get sick so i can hibernate during this dip

                  market will come back like always, this was just a longer diip then usual... this market is very volatile and not for the weak of heart
                  try to find the bottom and BUY , let the market come back and make easy money

                  SHIT coins will not last forever, find tech that YOU like not what everybody tells you to like, so if somehow the wheels fall off you know deep down YOU believed in that coin/ project

                  crypto still has 3+ more years min of growth imo, so many uses for this technology i cant see it dying before 2020 , and could even last for the next decade + who really knows, the world is changing with VR, AR, AI technology, decentralized exchanges and more , find tech that interests you, go through the rabbit hole and research a ton and make moves... dont fall for FOMO and bury yourself

                  market will be back soon, hibernation about to be over
                  Comment
                  • Bsims
                    SBR Wise Guy
                    • 02-03-09
                    • 827

                    #6834
                    Here is the list of coins delisted by Bittrex

                    Here are the tokens to be delisted: 8BIT, ADC, AM, AMS, APEX, ARB, BITS, BITZ, BLC, BOB, BSTY, BTA, CCN, CRBIT, CRYPT, DAR, DGC, DRACO, DTC, FC2, FRK, FSC2, GEMZ, GHC, GP, GRT, HKG, HYPER, HZ, J, KR, LXC, MAX, MEC, METAL, MND, MTR, MZC, NAUT, NET, NEU, NTRN, OC, ORB, PRIME, PXI, ROOT, SCOT, SCRT, SFR, SLG, SLING, SOON, SPRTS, SSD, STEPS, STV, SWING, TES, TIT, TRI, TRK, U, UFO, UNIQ, UNIT, UNO, UTC, VIOR, VIRAL, VP, WARP, XAUR, XBB, XC, XCO, XDQ, XPY, XQN, XSEED, XTC, and YBC
                    Comment
                    • shocka1212
                      SBR Posting Legend
                      • 10-06-12
                      • 16788

                      #6835
                      Originally posted by Chi_archie
                      yep, you and I have posed this question and made the statement a few different times over the past few months and I don't think I ever saw a thoughtful reply on it.
                      although regulation seems like the party is ending, it will just sift out the fat of whats been plaguing the market (pump and dumps). will be good for creating a stable market long term.
                      Comment
                      • Bsims
                        SBR Wise Guy
                        • 02-03-09
                        • 827

                        #6836
                        Originally posted by shocka1212
                        although regulation seems like the party is ending, it will just sift out the fat of whats been plaguing the market (pump and dumps). will be good for creating a stable market long term.
                        Although I'm generally opposed to regulations, I agree some are needed in this area and will be helpful to stabilizing the market and eliminating some scammers. The G20 has requested regulation proposals for cryptocurrency by July 2018. I just hope they are not overdone.

                        My larger fear is that the IRS considers all cryptocurrency transactions be treated as taxable events. If this were widely known and enforced it would be a large inhibitor to the expanded use of cryptocurrencies for normal purchases. There is a bill in congress to exempt transactions under $600.



                        Basically, the IRS position puts potential users of cyrptocurrencies in an awkward position. One you could play above board and endure an oppressive amount of record keeping and reporting. Or two, you can ignore this stuff and become a tax cheat. Not good for increasing the image of cryptocurrencies as a legitimate form of exchange in the eyes of the masses.
                        Comment
                        • shocka1212
                          SBR Posting Legend
                          • 10-06-12
                          • 16788

                          #6837
                          Originally posted by Bsims
                          Although I'm generally opposed to regulations, I agree some are needed in this area and will be helpful to stabilizing the market and eliminating some scammers. The G20 has requested regulation proposals for cryptocurrency by July 2018. I just hope they are not overdone.

                          My larger fear is that the IRS considers all cryptocurrency transactions be treated as taxable events. If this were widely known and enforced it would be a large inhibitor to the expanded use of cryptocurrencies for normal purchases. There is a bill in congress to exempt transactions under $600.



                          Basically, the IRS position puts potential users of cyrptocurrencies in an awkward position. One you could play above board and endure an oppressive amount of record keeping and reporting. Or two, you can ignore this stuff and become a tax cheat. Not good for increasing the image of cryptocurrencies as a legitimate form of exchange in the eyes of the masses.
                          same can be said with other financial markets.... and the amount of fraud in those far exceeds the tax evasion scandals we're seeing in crypto. I do agree with your position in opposing some regulation..The whole premise is that this is decentralized In which case the regulation eliminates decentralization but the truth of the matter is that to have a stable decentralized market in what has been a micro analyzed centralized banking system we would have to see a small transition rather than what seems like an overhaul of the way we have moved money around for the past 100 years.
                          Comment
                          • goalie77
                            SBR Rookie
                            • 03-21-18
                            • 40

                            #6838
                            so much garbage in crypto market
                            Originally posted by Bsims
                            Here is the list of coins delisted by Bittrex

                            Here are the tokens to be delisted: 8BIT, ADC, AM, AMS, APEX, ARB, BITS, BITZ, BLC, BOB, BSTY, BTA, CCN, CRBIT, CRYPT, DAR, DGC, DRACO, DTC, FC2, FRK, FSC2, GEMZ, GHC, GP, GRT, HKG, HYPER, HZ, J, KR, LXC, MAX, MEC, METAL, MND, MTR, MZC, NAUT, NET, NEU, NTRN, OC, ORB, PRIME, PXI, ROOT, SCOT, SCRT, SFR, SLG, SLING, SOON, SPRTS, SSD, STEPS, STV, SWING, TES, TIT, TRI, TRK, U, UFO, UNIQ, UNIT, UNO, UTC, VIOR, VIRAL, VP, WARP, XAUR, XBB, XC, XCO, XDQ, XPY, XQN, XSEED, XTC, and YBC
                            Comment
                            • goalie77
                              SBR Rookie
                              • 03-21-18
                              • 40

                              #6839
                              shocka, is ADA still your top pick? you loved TRON too
                              Comment
                              • goalie77
                                SBR Rookie
                                • 03-21-18
                                • 40

                                #6840
                                Originally posted by firekillex
                                been sick last 1-2 weeks havent been around much
                                u didnt miss anything
                                Comment
                                • goalie77
                                  SBR Rookie
                                  • 03-21-18
                                  • 40

                                  #6841
                                  Originally posted by Noles1992
                                  Yeah I jumped on ONT too late yesterday and well as you know took a - 40 % hit for me. Will just hold on. Are you still long on ICX?
                                  im long on ICX, dont care for ontology
                                  Comment
                                  • reigle9
                                    SBR Posting Legend
                                    • 10-25-07
                                    • 17879

                                    #6842
                                    Originally posted by goalie77
                                    shocka, is ADA still your top pick? you loved TRON too
                                    Join Date: 03-21-18

                                    Lol
                                    Comment
                                    • shocka1212
                                      SBR Posting Legend
                                      • 10-06-12
                                      • 16788

                                      #6843
                                      Originally posted by goalie77
                                      shocka, is ADA still your top pick? you loved TRON too
                                      not one post saying I loved tron.......dont know where you got that from. Im holding some, but wouldn't say love by any means.
                                      Comment
                                      • Chi_archie
                                        SBR Aristocracy
                                        • 07-22-08
                                        • 63167

                                        #6844
                                        Who is buying more?
                                        Comment
                                        • Otters27
                                          BARRELED IN @ SBR!
                                          • 07-14-07
                                          • 30756

                                          #6845
                                          I just hope guys here cashed out and are not still holding
                                          Comment
                                          • Johnnythunder
                                            SBR MVP
                                            • 11-25-10
                                            • 2161

                                            #6846
                                            How low is this going?
                                            Comment
                                            • A4K
                                              SBR Hall of Famer
                                              • 10-08-12
                                              • 5243

                                              #6847
                                              Originally posted by Johnnythunder
                                              How low is this going?
                                              Down to $1,876
                                              Comment
                                              • cincinnatikid513
                                                SBR Aristocracy
                                                • 11-23-17
                                                • 45360

                                                #6848
                                                i can't believe how low the fees are for bitcoin sends now and how fast they are getting confirmed where was this last year
                                                Comment
                                                • jayc88
                                                  Restricted User
                                                  • 12-30-07
                                                  • 6785

                                                  #6849
                                                  Just keep on buying , Bitcoin will hit 50.000 in a hurry
                                                  Comment
                                                  • JAKEPEAVY21
                                                    BARRELED IN @ SBR!
                                                    • 03-11-11
                                                    • 29268

                                                    #6850
                                                    Originally posted by firekillex
                                                    been sick last 1-2 weeks havent been around much
                                                    good time to get sick so i can hibernate during this dip

                                                    market will come back like always, this was just a longer diip then usual... this market is very volatile and not for the weak of heart
                                                    try to find the bottom and BUY , let the market come back and make easy money

                                                    SHIT coins will not last forever, find tech that YOU like not what everybody tells you to like, so if somehow the wheels fall off you know deep down YOU believed in that coin/ project

                                                    crypto still has 3+ more years min of growth imo, so many uses for this technology i cant see it dying before 2020 , and could even last for the next decade + who really knows, the world is changing with VR, AR, AI technology, decentralized exchanges and more , find tech that interests you, go through the rabbit hole and research a ton and make moves... dont fall for FOMO and bury yourself

                                                    market will be back soon, hibernation about to be over
                                                    I'm at the point where I don't see anything positive on the horizon for quite awhile...might be a year or 2 until we get back to respectability...I got greedy and did not cash out enough profits last year and am now forced to hold and hope that things recover at some point. I hardly even look at the prices anymore, makes me ill...
                                                    Comment
                                                    • A4K
                                                      SBR Hall of Famer
                                                      • 10-08-12
                                                      • 5243

                                                      #6851
                                                      Originally posted by JAKEPEAVY21
                                                      I'm at the point where I don't see anything positive on the horizon for quite awhile...might be a year or 2 until we get back to respectability...I got greedy and did not cash out enough profits last year and am now forced to hold and hope that things recover at some point. I hardly even look at the prices anymore, makes me ill...
                                                      As a professional derivatives trader, I can tell you this.....

                                                      They need to tie the value of Bitcoin to another asset. As of right now it is purely speculative.
                                                      Comment
                                                      • hotcross
                                                        SBR Hall of Famer
                                                        • 08-04-17
                                                        • 7934

                                                        #6852
                                                        A4K, were you serious about a bitcoin price target "Down to $1,876" as you said late last night, or was the alcohol talking? I respect your opinion about markets. Couldn't tell if you were being serious. I do think its in the realm of possibilities, but if it does keep going low, I'd think 4,000 should be a pretty firm floor.
                                                        Comment
                                                        • JAKEPEAVY21
                                                          BARRELED IN @ SBR!
                                                          • 03-11-11
                                                          • 29268

                                                          #6853
                                                          Originally posted by A4K
                                                          As a professional derivatives trader, I can tell you this.....

                                                          They need to tie the value of Bitcoin to another asset. As of right now it is purely speculative.
                                                          something needs to happen, there is so much FUD now that I think it's going to take a long while until the waters are clear again, if ever.
                                                          Comment
                                                          • Arky
                                                            SBR MVP
                                                            • 12-09-11
                                                            • 1101

                                                            #6854
                                                            The projections I'm seeing are that the current slide is happening at a faster clip than in the past. Might not be a year or two but it could be 6 months to a year. That's OK with me, I was ready for the ride... I've been buying heavily in the last month and am pretty much tapped out of disposable income.

                                                            TRX and EOS are set to go live in a couple of months. Those two events should make a little noise. It's a chance for Tron to get back in the game. And EOS, IMHO, is the brightest star out there. I've become a total EOS fanboy. 40% of my portfolio is now in EOS.

                                                            When we get past tax season things should, at least, level off. Maybe one day the market won't be so dependent on Bitcoin's performance. Right now, they all follow Bitcoin. It shouldn't be that way..
                                                            Comment
                                                            • A4K
                                                              SBR Hall of Famer
                                                              • 10-08-12
                                                              • 5243

                                                              #6855
                                                              Originally posted by hotcross
                                                              A4K, were you serious about a bitcoin price target "Down to $1,876" as you said late last night, or was the alcohol talking? I respect your opinion about markets. Couldn't tell if you were being serious. I do think its in the realm of possibilities, but if it does keep going low, I'd think 4,000 should be a pretty firm floor.
                                                              Sorry, mate! I was penetrating around! I think 5k seems like a reasonable floor based on the number of coins in the market. If the Chinese restrict their citizens money movements then the price will sky rocket. With a possible tariff war on the horizon, I see this as a real possibility.
                                                              Comment
                                                              • raiders72001
                                                                Senior Member
                                                                • 08-10-05
                                                                • 11118

                                                                #6856
                                                                In November of 2013 the price was $1200. In March of 2015 it was at $200. We may have to wait some time but Bitcoin will rebound.
                                                                Comment
                                                                • k13
                                                                  SBR Posting Legend
                                                                  • 07-16-10
                                                                  • 18104

                                                                  #6857
                                                                  So quiet in these threads now...
                                                                  Comment
                                                                  • lotuspod
                                                                    SBR High Roller
                                                                    • 06-03-17
                                                                    • 204

                                                                    #6858
                                                                    Soros getting involved with crypto, cue the Palpatine memes
                                                                    Comment
                                                                    • Chi_archie
                                                                      SBR Aristocracy
                                                                      • 07-22-08
                                                                      • 63167

                                                                      #6859
                                                                      Comment
                                                                      • Chi_archie
                                                                        SBR Aristocracy
                                                                        • 07-22-08
                                                                        • 63167

                                                                        #6860
                                                                        Originally posted by lotuspod
                                                                        Soros getting involved with crypto, cue the Palpatine memes

                                                                        interesting
                                                                        Comment
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