crypto currency discussion

Shock did you get this message? Any idea what it is?!? My friend just got it as well and I told him I never seen it before, prior to just seeing you post it. Now a little concerned

Haven't used Binance and if has been talked about in this thread I missed it....but isn't Binance a shady Asian site???

**dblock05** · 12-14-17, 08:32 PM

So finally figuring some of this out now....I sent money from gdax in LTC over to binance.

if I want to buy anything in binance, I need to convert this ltc to BTC or ETH right? How do I do that? Do I sell the ltc and I'll have money in USD and just buy some eth or btc?

Sorry for the dumb questions.

**swordsandtequila** · 12-14-17, 08:36 PM

Originally posted by dblock05

So finally figuring some of this out now....I sent money from gdax in LTC over to binance.

if I want to buy anything in binance, I need to convert this ltc to BTC or ETH right? How do I do that? Do I sell the ltc and I'll have money in USD and just buy some eth or btc?

Sorry for the dumb questions.

Binance doesn't deal in dollars so basically you'll sell your ltc for btc, then sell your btc for whatever coin you wanted. Click the Exchange tab at top left, click basic. Right side of chart you'll see Favorites and tabs for BTC, ETH, BNB (Binance token) and USDT. Clicking on each will give you a list of all available pairs, i.e, BTC/ADA. Choose the pair you want and the page will change to that market. You can set a limit/market/stop order towards the bottom to convert your btc.

**dblock05** · 12-14-17, 08:37 PM

Originally posted by swordsandtequila

Binance doesn't deal in dollars so basically you'll sell your ltc for btc, then sell your btc for whatever coin you wanted.

Gotcha! That makes sense. Thank you

**swordsandtequila** · 12-14-17, 08:43 PM

**Mac4Lyfe** · 12-14-17, 08:52 PM

Originally posted by hotcross

Haven't used Binance and if has been talked about in this thread I missed it....but isn't Binance a shady Asian site???

Anytime a lot of money is involved, people are shady. I don't trust any of them, especially US banks.

I have a shitload of $$ at Binance. I sure hope they aren't shady.

**Demonata** · 12-14-17, 08:59 PM

Originally posted by PaperTrail07

LOL Ive heard people say the same about SOOO many potcoins....med coins ect LOL....DONT bank on it

Nope. Potcoin is unique and will go up plenty after the new law. Has nothing to do with med coins at all. Also its the legit potcoin

**hotcross** · 12-14-17, 09:10 PM

Originally posted by Mac4Lyfe

Anytime a lot of money is involved, people are shady. I don't trust any of them, especially US banks.

I have a shitload of $$ at Binance. I sure hope they aren't shady.

I'm not saying Asians are shady in general. Just saying that you should have some idea of who you're dealing with for a lot of $

I don't know anything about Binance specifically, just an impression. Hopefully someone can correct me on this.

**mngambler** · 12-14-17, 09:47 PM

Originally posted by hotcross

I'm not saying Asians are shady in general. Just saying that you should have some idea of who you're dealing with for a lot of $

I don't know anything about Binance specifically, just an impression. Hopefully someone can correct me on this.

their all new(ish) crypto exchanges, none of the top ones are really more or less "shady" than the other at the end of the day. Everything about crypto is a risk, if you don't have the stomach to lose whatever you put in then I highly suggest you DON'T put it in...good luck!

**shocka1212** · 12-14-17, 09:53 PM

Originally posted by raiders72001

Blockchain.info now fully supports Bitcoin Cash.

Bitcoin cash before litecoin... interesting

**pilebuck13** · 12-14-17, 10:00 PM

It's obvious at this point bitcoin is just king due to the name and start it's not primed to be the top dog....

**ace7550** · 12-14-17, 10:02 PM

Originally posted by Mac4Lyfe

Anytime a lot of money is involved, people are shady. I don't trust any of them, especially US banks.

I have a shitload of $$ at Binance. I sure hope they aren't shady.

Any coin that I own a lot of I keep on a Unites States exchange or in an offline personal wallet.

**puckk** · 12-14-17, 11:29 PM

Originally posted by pilebuck13

It's obvious at this point bitcoin is just king due to the name and start it's not primed to be the top dog....

wonder what would be the price for litecoin if it was called bitcoin lite with max limit of 21mil instead of 80+mil

**swordsandtequila** · 12-14-17, 11:48 PM

Originally posted by ace7550

Any coin that I own a lot of I keep on a Unites States exchange or in an offline personal wallet.

**ans61201** · 12-15-17, 12:28 AM

Originally posted by puckk

wonder what would be the price for litecoin if it was called bitcoin lite with max limit of 21mil instead of 80+mil

It's not intended to be a long term store of value, more designed for everyday purchases, so the 84 mil makes more sense for that goal

**ChuckyTheGoat** · 12-15-17, 12:34 AM

Would love to hear some commentaries on how u see the Crypto correlations playing out.

As I look at L24 hour returns, currently Bitcoin is +5%. The next9 Coins on my list are all negative.

Is that going to be the story? Crypto space filling, us so the tradeoff is coin vs coin? If so, there should be some natural hedges to fill your portfolio.

**shocka1212** · 12-15-17, 12:36 AM

Originally posted by ChuckyTheGoat

Would love to hear some commentaries on how u see the Crypto correlations playing out.

As I look at L24 hour returns, currently Bitcoin is +5%. The next9 Coins on my list are all negative.

Is that going to be the story? Crypto space filling, us so the tradeoff is coin vs coin? If so, there should be some natural hedges to fill your portfolio.

were going to be steady around 17,400 for atleast a month... maybe some more movement upward for eth..also, clear your inbox

**ChuckyTheGoat** · 12-15-17, 12:42 AM

Originally posted by shocka1212

were going to be steady around 17,400 for atleast a month... maybe some more movement upward for eth..also, clear your inbox

OK, cleared out some space.

**raiders72001** · 12-15-17, 12:44 AM

Throwing money away here but I'm taking a shot with TRX.

**ChuckyTheGoat** · 12-15-17, 12:48 AM

Originally posted by raiders72001

Throwing money away here but I'm taking a shot with TRX.

Good luck. Hope u hit.

**raiders72001** · 12-15-17, 12:58 AM

Originally posted by ChuckyTheGoat

Good luck. Hope u hit.

same to you.

**raiders72001** · 12-15-17, 12:59 AM

Could be a pump and dump but you never know.

You've seen the big moves made in Bitcoin (BTC), Litecoin (LTC), and Ripple (XRP), but TRONIX (TRX) has grown faster than any of them this week.It's been a wild ride for the cryptocurrency world the past couple weeks. Bitcoin cracked $10K, then flew past it to $5K, sustaining over $16K after the launch of bitcoin futures trading on Cboe. Litecoin grew 333 percent in just five days starting at the end of last week. Ripple surged 84 percent in a day, and has grown another 56 percent since the time of that writing.
But one cryptocurrency has grown faster than all of them: Tronix (TRX), the coin of the TRON network.
What is TRON?

TRON aims to "heal the Internet" by constructing a worldwide free content entertainment system on the blockchain. The protocol allows users to freely publish, store and own data, enabling them to own the rights to their content and decide when, how, and at what cost to share it.

Sun wants to position TRON as a new kind of "distributed economy" in digital entertainment—including anything from streaming video to online gambling to social networks—where the users themselves own the economy. TRONIX is the cryptocurrency that runs on TRON. An important note here is that, in service of that distributed economy, TRON also supports other cryptocurrencies

https://www.forbes.com/sites/jesseda.../#ac478433350f

**shocka1212** · 12-15-17, 01:16 AM

VEN train, choo choo.. just announcing a partnership with china

**mrpapageorgio** · 12-15-17, 01:50 AM

Originally posted by shocka1212

VEN train, choo choo.. just announcing a partnership with china

I'm mostly in XRP and ADA in terms of alts, but I'll put a few bucks here and see what happens

**shocka1212** · 12-15-17, 01:53 AM

Originally posted by mrpapageorgio

I'm mostly in XRP and ADA in terms of alts, but I'll put a few bucks here and see what happens

I dont trust xrp at all. idk what it is about it... just not a fan

**raiders72001** · 12-15-17, 01:54 AM

Originally posted by shocka1212

VEN train, choo choo.. just announcing a partnership with china

Thanks, I missed that.

**mrpapageorgio** · 12-15-17, 01:55 AM

Originally posted by shocka1212

I dont trust xrp at all. idk what it is about it... just not a fan

It just seems like it wants to take off, so I'm willing to take a chance. Most of what I have is ETH and LTC. I should clarify, outside of the big 3 offered on CB, I mostly have XRP and ADA as a speculation.

**raiders72001** · 12-15-17, 01:55 AM

ADA is definitely a keeper.

**shocka1212** · 12-15-17, 01:57 AM

Originally posted by raiders72001

ADA is definitely a keeper.

trying to acquire more. limit order for .18... fingers crossed it dips for a second while I'm sleeping.

**shocka1212** · 12-15-17, 01:58 AM

futures contracts phuked our volatility on btc... good times while they lasted.

**eidolon** · 12-15-17, 03:17 AM

So I've become very concerned about the future of bitcoin, cryptocurrency. With the repeal of net neutrality, and then the arrest of the lady from New York who used Bitcoin to funnel almost $100,000 to ISIS, I think I'm going to pull out my funds and wait until the middle of January to see what happens.

Anyone have any thoughts on this?