crypto currency discussion

[Shafted69]

get out now before it's too late. recession has already started.

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get out now before it's too late. recession has already started.

And the sky is falling?

[lotuspod]

get out now before it's too late. recession has already started.

Lol, crypto is generally considered a hedge against that...bring on the recession since we're overdue for one anyway.

[Optional]

Bitcoin price starting to feel solid or leaning uptrend now to me, as a casual observer.

Anyone think it's a buy?

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Bitcoin price starting to feel solid or leaning uptrend now to me, as a casual observer.

Anyone think it's a buy?

invest?

no way

[Optional]

invest?

no way

Not really to invest.

But to start playing at bitcoin only books again. Basically if it really is at a solid level and actually on an uptrend, I am thinking bettors who have left the bitcoin books might think about returning.

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Not really to invest.

But to start playing at bitcoin only books again. Basically if it really is at a solid level and actually on an uptrend, I am thinking bettors who have left the bitcoin books might think about returning.

I'm probably the wrong guy to ask as I've become somewhat annoyed with the bitcoin on/off ramp process.

Bitcoin is fine but fees to buy, fees to sell, hoops to jump through at most of the Canadian exchanges and holds on new accts etc etc.

I'm weaning myself off bitcoin and sticing to wallets like Ecopayz, Idebit etc.

[QuantumLeap]

Bitcoin price starting to feel solid or leaning uptrend now to me, as a casual observer.

Anyone think it's a buy?

From my post on the previous page:

"However, IMHO it appears to me that the price of BTC is going up steadily since the low of $3400 last month. Hopefully Crypto Winter is over. If so, this is the best time to buy."

I have done some studying on Binance, the largest crypto exchange in terms of volume, the following alt coins have increased steadily in price within the last few weeks:

ARD ADA AE APP ARDR ARN AST BAT BLZ BTS CDT CMT CND CVC DCR DLT ELF FUEL FUN GAS GNT GXS IOST IOTX KMD LOOM LUN NAS NAV NEO OMG ONT POA PPT QKC QSP RDN RLC STORJ VET VIA VIBE XZC ZEN

[Chi_archie]

[Memento]

Bitcoin price starting to feel solid or leaning uptrend now to me, as a casual observer.

Anyone think it's a buy?

Yes...maybe retest around 3000 or so but generally up from here on out. Big on vet, xlm, xrp and ltc.

[QuantumLeap]

BTC price shot up from 4170 to 4790 in the last half hour.

[Yulia74]

lack of follow through in the coming weeks mean potential drop

[QuantumLeap]

Hey guys, back in the crypto market after the Super Bowl (I try to take some time off from sports gambling each year). I've recently invested in BNB. It's Binance Coin. Binance is the largest exchange unless you count Coinbase.

BNB is the exchange's coin. They give discounts if you trade in BNB as opposed to BTC. I can see the exchange propping this coin up if it drops too much.

I got in at $10 each and it's at $11 now. I see a drop in price some time in the future but hope to sell if it drops too much and then hope to buy back at a lower price.

Any input on this coin?

BNB hit $20 today. I've doubled my investment in this coin in one month and one day.

This will be the last I report on this investment for awhile since I feel I've made my point.

[Arky]

BNB hit $20 today. I've doubled my investment in this coin in one month and one day.

This will be the last I report on this investment for awhile since I feel I've made my point.

Well done. You could sell half right now, get your money back and have a bag of gravy coins.

I've had four of my bags scoot out of the red and into the green in the last 24 hours.

Things are still going up. I don't have any but Bitcoin Cash is going nuts. Litecoin really moving, too. BNB might be the best performer over the last month, though.....

[Yulia74]

mystery order seen as catalyst

https://www.reuters.com/article/us-crypto-currencies-idUSKCN1RE0JY

[firekillex]

all i see is green

[KVB]

From my post on the previous page:

"However, IMHO it appears to me that the price of BTC is going up steadily since the low of $3400 last month. Hopefully Crypto Winter is over. If so, this is the best time to buy."

I have done some studying on Binance, the largest crypto exchange in terms of volume, the following alt coins have increased steadily in price within the last few weeks:

ARD ADA AE APP ARDR ARN AST BAT BLZ BTS CDT CMT CND CVC DCR DLT ELF FUEL FUN GAS GNT GXS IOST IOTX KMD LOOM LUN NAS NAV NEO OMG ONT POA PPT QKC QSP RDN RLC STORJ VET VIA VIBE XZC ZEN

At this point, the only thing that matters for those other coins is the price of Bitcoin. That really is it.

Not a good investment, safer returns in the regulated markets now, but good luck if it's your game.

Once you realize the Chinese mining operations in place, I can't imagine any other purpose than to move funds for the coins. And even then, Bitcoin can't handle a tiny fraction of the daily big guys like credit card companies.

[firekillex]

At this point, the only thing that matters for those other coins is the price of Bitcoin. That really is it.

Not a good investment, safer returns in the regulated markets now.

maybe safer but way less potential returns
no other investment can 10-100x your money in a month like crypto currency
of course you can lose much more , but thats the risk of going into something like this

in the future i think itll be much more stable imo

[KVB]

maybe safer but way less potential returns
no other investment can 10-100x your money in a month like crypto currency
of course you can lose much more , but thats the risk of going into something like this

in the future i think itll be much more stable imo

You can get that in biomedical startups...lol.

Those who have all the coin will fukk those who don't. Those miners have just taken too much. I'd like to think Bitcoin will mine out and become rare, but then players will just lose interest and move on.

Banks not going to let another Bitcoin buzz occur as well, it needs institutional investment and it's too shady for that right now.

Good Luck.

[lotuspod]

[firekillex]

You can get that in biomedical startups...lol.

Those who have all the coin will fukk those who don't. Those miners have just taken too much. I'd like to think Bitcoin will mine out and become rare, but then players will just lose interest and move on.

Banks not going to let another Bitcoin buzz occur as well, it needs institutional investment and it's too shady for that right now.

Good Luck.

everybody has an opinion , too much money in crypto for it to completely fail
goodluck as well, always good to diversify i agree dont go all in crypto, good to have other streams of revenue , crypto is a high risk high reward investment , always good to have some safe investments as well

[mngambler]

You can get that in biomedical startups...lol.

Those who have all the coin will fukk those who don't. Those miners have just taken too much. I'd like to think Bitcoin will mine out and become rare, but then players will just lose interest and move on.

Banks not going to let another Bitcoin buzz occur as well, it needs institutional investment and it's too shady for that right now.

Good Luck.

this is the most retarded post in this entire thread...congrats! lol

[raiders72001]

ADA finally going up. That's my favorite.

[raiders72001]

When things are good, it really doesn't matter what you take for the most part. Years ago there were inverse relationships (ETH) with bitcoin and some coins on their own (XRP). Now it's follow the leader. The increases and decreases are higher with the alts than BTC.

[KVB]

everybody has an opinion , too much money in crypto for it to completely fail
goodluck as well, always good to diversify i agree dont go all in crypto, good to have other streams of revenue , crypto is a high risk high reward investment , always good to have some safe investments as well

Agreed completely, I don't think it will fail. I own coins, but just socked them away, not trading that market at all, just using to move money.

I think it will do well but there are going to be a few conditions for it to even come close to the rush of before.

That news of an ETF would have brought that big money in, or at least got it trading, but like I said, there are regulation issues.

My main point was that BTC is king right now and everything will move when it does, no matter the alt coin and that the Chinese ownership and near corner of the market is problematic.

Fukkin mining warehouses....lol.

[KVB]

this is the most retarded post in this entire thread...congrats! lol

Well, considering the first sentence was a joke, and he rest is just reality, maybe I wasn't specific enough for you.

Good Luck.

[Yulia74]

bitcoin 1 hr chart
three black crows candlestick pattern

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everybody has an opinion , too much money in crypto for it to completely fail
goodluck as well, always good to diversify i agree dont go all in crypto, good to have other streams of revenue , crypto is a high risk high reward investment , always good to have some safe investments as well

I disagree with this part, we can't predict the future. There is no way of knowing if some catastrophe happened regarding bitcoin that could make it worthless. There are some concerns about bitcoin that need to be addressed or it will become worthless eventually IMO.

The power required to mine bitcoin is also a worry. No miners = no bitcoin. Plus there are always smarter people like hackers out there that could find a way to exploit the blockchain or bitcoin and cripple it. Who knows. Plus in the grand scheme of things the vast majority of the population will likely never have any reason to use bitcoin.

My personal beef is the costs associated with obtaining the "coin". For example, if I want $100 worth I'll probably end up shelling out $7-10 more in fees etc then I have to sweat the volatility. When I Sell $100 I'm lucky if I get $97 for it.

The scarcity argument doesn't hold water. Bitcoin has and can continue to fork, which just adds 21 million more coins.

Blockchain looks like it could be a useful tech in the future but not bitcoin,

[firekillex]

like you said nobody can tell the future, any investment has potential risks regardless the category of investment
potential pros and cons , crypto has potential HUGE gains, which makes it worth while imo
of course, never go all in any investment and risk what you can lose without ruining your life, but if you got some spare cash during pay days why not put it into crypto for a potential huge profit ? Anybody saying blockchain and crypto currency doesnt have gigantic potential is just lying / ignorant , currency has also changed through out time why would it stop now?

https://www.telegraph.co.uk/finance/businessclub/money/11174013/The-history-of-money-from-barter-to-bitcoin.html

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like you said nobody can tell the future, any investment has potential risks regardless the category of investment
potential pros and cons , crypto has potential HUGE gains, which makes it worth while imo
of course, never go all in any investment and risk what you can lose without ruining your life, but if you got some spare cash during pay days why not put it into crypto for a potential huge profit ? Anybody saying blockchain and crypto currency doesnt have gigantic potential is just lying / ignorant , currency has also changed through out time why would it stop now?

Great point, bitcoin could become obsolete should another technology become superior. In 2019 bitcoin seems fantastic, but who knows in 10 years bitcoin could be considered outdated. If you are not talking specifically about bitcoin but all other crypto as well then yes I agree. Crypto is here to stay.

[raiders72001]

Bitcoin will top $20k. The only question is when.

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Bitcoin will top $20k. The only question is when.

Bitcoin will eventually land at $0. The only question is when. It might take years but no chance will bitcoin be here forever. Eventually all the current cryptos will become obsolete and replaced by something else.

[lotuspod]

Bitcoin will eventually land at $0. The only question is when. It might take years but no chance will bitcoin be here forever. Eventually all the current cryptos will become obsolete and replaced by something else.

It has a lot of support and so many amazing developers/contributors, it's most likely not going anywhere for a very long time. It's true they're betting a lot on LN, but there seems to be huge potential there - if they can make it work in more practical ways. I'm sure we all can agree on the much lower fees that should come as a result of it.

[danshan11]

why is wagerr coin tanking?

[Arky]

Bitcoin will eventually land at $0. The only question is when. It might take years but no chance will bitcoin be here forever. Eventually all the current cryptos will become obsolete and replaced by something else.

Jeez, you make it sound like a passing fad. Crypto is a new "asset class" - like gold/silver, stocks, real estate, etc. Adoption is growing every day. Those that fear they have missed the boat should know the boat hasn't even been built, yet. There's a ton of construction going on. I don't have a link handy but "Blockchain Developer" is the number 1 requested job in the tech world....

Who lasts longer - (VEESA) or Bitcoin?

https://www.bitcoininsider.org/article/65521/bitcoin-set-be-worlds-main-payment-system-10-years-new-research

Bitcoin will top $20k. The only question is when.

Dunno when but agree and think it will go a lot higher than $20k...