crypto currency discussion

[hotcross]

here we are again.... everything back up like usual
wheres all the people who cried the bubble has popped

wait a sec, the $9k BTC low was on Jan.16/17, and here on Jan.20 you feel completely out in the clear???

Now as I stated there are profits to be made trading carefully. This thing has always been super volatile.

I've had some low low buy limit orders which some of those hit on that drop to 9k. I've already sold those back to the market.

[firekillex]

wait a sec, the $9k BTC low was on Jan.16/17, and here on Jan.20 you feel completely out in the clear???

Now as I stated there are profits to be made trading carefully. This thing has always been super volatile.

I've had some low low buy limit orders which some of those hit on that drop to 9k. I've already sold those back to the market.

crypto currency discussion thread not bitcoin discussion thread... mostly all the alts im in are at the price they were a week ago before dipping, bought more at the dip and just made easy gains , not rocket science out here when weak hands fold during dips everytime its hilarious , this is an up and down journey it will never be straight up the entire way

[hotcross]

right. Just stating Bitcoin price as a benchmark that everyone recognizes.

[TPowell]

crypto currency discussion thread not bitcoin discussion thread... mostly all the alts im in are at the price they were a week ago before dipping, bought more at the dip and just made easy gains , not rocket science out here when weak hands fold during dips everytime its hilarious , this is an up and down journey it will never be straight up the entire way

Yep same here. Outside of my dumbass decision to buy bitcoin at 17K when I first started, I've made it pretty well

[The Kraken]

May need an ICO thread soon

That's a different game but it only takes one

[TPowell]

May need an ICO thread soon

That's a different game but it only takes one

Yep ICO's are like wildfire now but they are phasing out US citizens big time. I'm in on a couple right now (Outing and Titanium) and have a few more that airdropped me tokens.

[The Kraken]

Yep ICO's are like wildfire now but they are phasing out US citizens big time. I'm in on a couple right now (Outing and Titanium) and have a few more that airdropped me tokens.

I'm gonna be honest, I don't know much at all about ICO's, just starting to research them. Where do you get them from, an exchange or from the coins website? Im on Bittrex/Binance/Gdax/Gemini, but to my knowledge haven't seen ICO's on any of them

[mrpapageorgio]

I'm gonna be honest, I don't know much at all about ICO's, just starting to research them. Where do you get them from, an exchange or from the coins website? Im on Bittrex/Binance/Gdax/Gemini, but to my knowledge haven't seen ICO's on any of them

ICO's you usually get from the website directly during the sales stage then hope they eventually get them listed on an exchange to trade and increase the value as the project moves along. A lot are scams that go nowhere past the sale of tokens, but it only takes one.

[The Kraken]

ICO's you usually get from the website directly during the sales stage then hope they eventually get them listed on an exchange to trade and increase the value as the project moves along. A lot are scams that go nowhere past the sale of tokens, but it only takes one.

Scam ICO's are the whole reason Ive avoided them altogether

I have no clue how to vet them.

I wanted to get some sether but bailed on it, probably will regret it

[ace7550]

Itbit not offered in Texas?? Is it available anywhere in the US? Do you have to get verified with a photo ID?

I dont know about Texas. I'm in CA. I think you do need to provide a photo ID

[shocka1212]

S/O to the government shutting down and getting my portfolio rather bullish on this Friday night/saturday morning.. 16x'd my Ven investment... wild.

4:25am I spent more time trading crypto last night than I did sleeping.

[TPowell]

Should have held MTL for another night. Went up right after I sold it LOL

[The Giant]

What do you guys know about a coin called GAS?

[mrpapageorgio]

What do you guys know about a coin called GAS?

I know it's related to the NEO network and is supposedly the dividend payed to those who hold NEO tokens.

https://hackernoon.com/what-is-neo-and-what-is-gas-5b9828a1aa65

[The Giant]

I know it's related to the NEO network and is supposedly the dividend payed to those who hold NEO tokens.
https://hackernoon.com/what-is-neo-a...s-5b9828a1aa65

Thanks, man. I don't know anything about most of these coins, but my aunt actually hired a "crypto expert", whatever that means, and this was one of the coins he suggested.

Disclaimer: I swear I'm not a shill.

[The Kraken]

To be clear, the crypto expert is advocating buying gas over buying neo?

[The Giant]

To be clear, the crypto expert is advocating buying gas over buying neo?

Apparently. I'm not even sure. I heard this from my mom, who had lunch with my aunt. There is no telling what's going on, they could have gotten gas while they were out and my mom thought it meant a crypto.

[shocka1212]

Been running a few models on this AST chart... almost certain (take it for what it's worth) that this is a minor pullback to test resistance levels before a pump

[TPowell]

Asians bleeding us dry again. penetrate off guys.

[Outsider626]

Thank you asians!!!!

[The Kraken]

Americans deposit daily

Asians withdrawal nightly

Pays to be smart

[Outsider626]

Americans deposit daily

Asians withdrawal nightly

Pays to be smart

Can make a few bucks trading at night.

[TPowell]

Last night the fuckers finally didn't sell everything like crazy and now they are hard at it tonight. This is a decent sized investment for me now but still contemplating adding more

[Outsider626]

Last night the fuckers finally didn't sell everything like crazy and now they are hard at it tonight. This is a decent sized investment for me now but still contemplating adding more

Some dude predicted that it might fall today to 10.7-9.3 range. Will see what happens during the night.

[TPowell]

Some dude predicted that it might fall today to 10.7-9.3 range. Will see what happens during the night.

BTC down under 10K again? Great. Was hoping I could make a little before the next big dip where I'll have to buy in again. This must be super easy for those that have already made a bunch of profits. If I had, I'd be unloading each time it touched 10K or lower.

[TPowell]

Going to bed. Down around 10-15% of my total investment in the past 5-6 hours or so. Was inching close to even too. Oh well

[xKMACKx]

The market will get a good pump following futures expiring on the 26th. It's probably going to be all over the place before then.

[juvunits]

How do people make money off this shit? Seriously. I'm not a big time trader. I look at my coins once or twice a day. I've made a few trades. I'm down around 15 percent of my original investment from almost 2 months ago. Im beginninv to think this is a scam

[ans61201]

😂😂😂

[ROFLcopter]

The market will get a good pump following futures expiring on the 26th. It's probably going to be all over the place before then.

Yep. Expecting a bit of a dip just like when some of those futures expired last week. One last buying opportunity before a big run

[TPowell]

How do people make money off this shit? Seriously. I'm not a big time trader. I look at my coins once or twice a day. I've made a few trades. I'm down around 15 percent of my original investment from almost 2 months ago. Im beginninv to think this is a scam

Just like anything else. You have to have better timing. If you would have invested a year earlier, you would have had 10x your initial investment. I still think investors now can make money though

[Arky]

I bought $600 worth of Bitcoin back in Sept/Oct and watched it turn into $2k in December. This got my attention to say the least. I've poured in a good amount of money since Christmas just to get further into the game. Made a few bad choices along the way, made a few good choices along the way. During the big dip a few days ago, at one point I was about -20% when I calculate out-of-pocket or buy-in. When I calculated using buy-in + gains, like the example above (Bitcoin $600-->$2k) it was closer to -30%. As recently as yesterday, I was in the black out-of-pocket. Currently down a little. I think for people like myself - it's going to take a while to build up some maturity in the holdings and get some distance from the buy-in...

[mrpapageorgio]

Scam ICO's are the whole reason Ive avoided them altogether

I have no clue how to vet them.

I wanted to get some sether but bailed on it, probably will regret it

Reading the whitepaper and looking at the team are the main two ways to determine if they at least have a decent shot. Some might not be scams, but between the team with no track record and a poor whitepaper, they may go nowhere. For example, I read the whitepaper of an ICO that was going to try and compete with SALT Lending (Disclaimer: I'm not shilling for them; only touted them a bit when they offered the Ledger Nano S for cheap using their tokens as payment); however when reading the whitepaper, a lot of it was very broad with no specifics on how they would accomplish their tasks. For example, they had Q3 2018 listed as when they would obtain regulatory approval to offer loans. Only problem was they had no specifics on how they would obtain regulatory approval (how many states, were they hiring a firm with the ICO funds to get it), nor did they have a contingency in place of what to do in case they didn't get approval. The team also had very few members in finance/legal who may know how to handle the lending side of business and seemed to most be tech people.

When I was an undergrad, I had a professor who taught a 1x/week business course on entrepreneurship as part of his "giving back to the community", but his full time job was CEO of a tech company. When talking about the business plan, he said "Sometimes, the team is way more important than the plan itself." After I graduated, I saw how true that was.

One of the other main problems I see with a lot of these ICOs are that they're trying to solve a problem using the Blockchain where it may not be the best solution. Kinda like the saying where if all you have is a hammer, everything is a nail.

[Bsims]

I commend those who take the time to do research on the coins in ICO's. But the skeptic in me worries about white papers. Anyone can write one, and some are smoother at this than others. I also worry about making judgments based on the people involved. Again I could make all kinds of claims in a resume. Tread carefully boys.

[The Kraken]

Apparently. I'm not even sure. I heard this from my mom, who had lunch with my aunt. There is no telling what's going on, they could have gotten gas while they were out and my mom thought it meant a crypto.

He may not be wrong but to be giving someone else that advice is somewhat reckless IMO. It's a controversial topic and until there are more use cases of Dapps on neo network we really don't know