crypto currency discussion

**jjgold** · 06-02-18, 05:12 AM

yes we are down to the 4 big coins
market just small for others

No more huge run ups no more get rich it is just an instrument to trade pure speculation like any other currency where most people lose trading it

**bonz** · 06-02-18, 06:14 AM

Bitcoin ready to run again

**bonz** · 06-02-18, 06:33 AM

Originally posted by jjgold

yes we are down to the 4 big coins
market just small for others

No more huge run ups no more get rich it is just an instrument to trade pure speculation like any other currency where most people lose trading it

You missed that run last year bout week 5 of football. Holy shitballs i didn't.

**allabout the $$$** · 06-02-18, 07:50 AM

Originally posted by bonz

You missed that run last year bout week 5 of football. Holy shitballs i didn't.

you dont know what your talking about it wasnt week 5 of football it was beginning of nov where it dipped then exploded about 3 weeks later

**bonz** · 06-02-18, 08:40 AM

Originally posted by allabout the $$$

you dont know what your talking about it wasnt week 5 of football it was beginning of nov where it dipped then exploded about 3 weeks later

Oh ok. Cool

**bonz** · 06-02-18, 09:18 AM

Did you really look that up? Lol obviously your a shitbag if you did.

**allabout the $$$** · 06-02-18, 09:20 AM

Originally posted by bonz

Did you really look that up? Lol obviously your a shitbag if you did.

Nope was in tampa for the jets bucs game 2nd week of november and told my friend to buy 1 for 7500 then within the next 4 weeks was almost 20k

**bonz** · 06-02-18, 09:25 AM

Oh cool no prob it was wild either way

**lotuspod** · 06-02-18, 09:36 AM

Focusing only on the top 5-10 alts isn't usually the best strategy, probably better off just holding btc in cold storage instead. Last year's top alts looked quite a bit different than the current ones. Goal should be to find solid crypto projects (with a decent use case) across the various major sectors with a good r/r who seem most likely to make big moves over the next 12-24 months - with the exception of maybe using small amounts for daytrading, arbs, etc.

Many of these are currently sitting at or near lows. Always DYOR and make thoughtful, informed decisions. Lastly, be aware of counterparty risk and try to keep your coins under control of your (and yours alone) private keys as much as possible. These recent 51% attacks on a few smaller PoW alts have demonstrated financial risks that stretch as far as the exchanges themselves in many circumstances. Stay safe out there!

**bonzaii** · 06-02-18, 11:39 AM

Originally posted by jjgold

yes we are down to the 4 big coins
market just small for others

No more huge run ups no more get rich it is just an instrument to trade pure speculation like any other currency where most people lose trading it

The only thing worse then listening to JJ for advice would be to listen to what your local politician or state office has to say. Guy hardly has a clue what hes talking about.

**pdibari** · 06-02-18, 03:19 PM

Crypto killed traceable notes

**Chi_archie** · 06-02-18, 03:25 PM

go!!!

**slikec** · 06-02-18, 03:51 PM

Wau little and i mean really little gains(7k to 7,7k) and you all optimistic again

Well that is what they want hehe. I see it going to max 7,9xx than crashing badly again but predicting exact price is total gamble so i already have 2/3 of shorts opened with rest positioned if we do go higher. If i would have to predict when i would say Monday is when we start going down since lately weekends are small "uptrend" this bear market. We may go higher but to be bullish again price needs to go much higher.

**Outsider626** · 06-03-18, 12:13 PM

Does anyone believe those idiots who predict that Bitcoin will reach 100k by end of 2018 or 1 Million by the 2020. I even read someone who said that by the end of June it will be 25k.

**raiders72001** · 06-10-18, 03:13 PM

US Commodity Futures Trading Commission (CFTC) subpoenas 4 major exchanges (Bitstamp, Coinbase, itBit and Kraken) for price manipulation and Coinrail hacked.

**KVB** · 06-10-18, 03:35 PM

Originally posted by raiders72001

US Commodity Futures Trading Commission (CFTC) subpoenas 4 major exchanges (Bitstamp, Coinbase, itBit and Kraken) for price manipulation and Coinrail hacked.

They want to make it an asset class and have basically been prepping the investing public as such.

You are going to see more of this stuff, just wait until a decision maker or his buddy gets stopped out or taken down, then the shit will really hit the fan.

Or perhaps it becomes a National Security issue because of China's presence in the theater and the current trade issues.

Maybe these things have already happened and the agencies are making their moves.

**d2bets** · 06-10-18, 03:39 PM

Almost touched the 7-month low. This is the 3rd time testing the $6,600 area. If it falls below $6,500 then $5,000 probably not far behind.

**lotuspod** · 06-11-18, 06:20 AM

Originally posted by d2bets

Almost touched the 7-month low. This is the 3rd time testing the $6,600 area. If it falls below $6,500 then $5,000 probably not far behind.

We can certainly see short-term dips, but at some point long-term mining profitability has to come into play - where 5000 is quite different than bouncing between 6500-8000ish. Hashrate peaked only about a week ago and already hearing some rumblings about the next halving, which is still many months away. We've seen pretty big moves both ways in very short amounts of time, the real losers from this have been those using too much leverage...and to a lesser extent those FOMO buying overpriced over-hyped alts(EOS, TRON anyone?) instead of putting in some work on gem-hunting the small-mid caps.

**KVB** · 06-11-18, 07:56 PM

I think a guy on CNBC said the question of mining profitability becomes an issue at 5900.

He said the next "support" they were looking at was 6292.

Of course, in March, CNBC reported that $8038 was the profit line there.

I don't know but I can see the 6292 level being considered support by some.

**Ebumdude** · 06-11-18, 10:11 PM

Patience. Let the political garb work itself out...then it will be interesting times ahead.

**firekillex** · 06-12-18, 01:43 AM

elastos will be a winner

and anybody who had ETH classic goodjob

**Chi_archie** · 06-12-18, 05:54 PM

uh oh

**slikec** · 06-13-18, 12:47 PM

I actually bought coins now. Smell reversal for now. For how long we shall see. I could be easily wrong aswell but willing to take that bet

**slambam** · 06-13-18, 01:02 PM

It'll be interesting to see how the next 6-8 months plays out. I don't think we'll see much gain for a couple months yet. I still think the market is overpopulated with coins. There's well over 1600 different coins, 97% of them should be dead. There's no reason so many coins are needed, other than everybody trying to get rich.

**firekillex** · 06-13-18, 02:30 PM

Originally posted by slambam

It'll be interesting to see how the next 6-8 months plays out. I don't think we'll see much gain for a couple months yet. I still think the market is overpopulated with coins. There's well over 1600 different coins, 97% of them should be dead. There's no reason so many coins are needed, other than everybody trying to get rich.

agreed... good to liquidate and get into ETH/BTC then maybe 1-3 coins you like
my 3 will be ( NEO, ICX , Elastos)

**Ebumdude** · 06-13-18, 10:38 PM

Originally posted by firekillex

agreed... good to liquidate and get into ETH/BTC then maybe 1-3 coins you like
my 3 will be ( NEO, ICX , Elastos)

I dumped Neo as it was suspended. My guess is they are updating their chain, didn’t have time for that to just sit idle.

I’ve got:

ETH
ETC
XRP
TRX
BNB (only to convert dust into something of value)

we we will see man.

**compaqDikk** · 06-14-18, 02:17 AM

what happens first.? this thread hits 300k views or jj gets 300k posts?

**Arky** · 06-14-18, 06:53 AM

Picked up another $2k Bitcoin and $2k EOS last night at the lows. Gonna try to spend less time in crypto and crypto education over the next few months and get some other things done.....

**Ebumdude** · 06-14-18, 08:22 AM

Originally posted by Arky

Picked up another $2k Bitcoin and $2k EOS last night at the lows. Gonna try to spend less time in crypto and crypto education over the next few months and get some other things done.....

BOL. EOS is doing decent.

**Chi_archie** · 06-14-18, 09:14 AM

Originally posted by compaqDikk

what happens first.? this thread hits 300k views or jj gets 300k posts?

hmmm

sbr book should put this as a prop bet

**lotuspod** · 06-14-18, 02:45 PM

Some interesting news today regarding SEC views on cryptos and securities, particularly eth. Overall seems quite favorable and also seems like they're putting a great deal of thought into it...for example they do mention decentralization and its impact on their views. If you'd like to dig into it further, here's a long string of tweets from someone who can explain it all much better than I could.

https://twitter.com/msantoriESQ/status/1007317386721218560

**Ebumdude** · 06-14-18, 03:30 PM

Originally posted by lotuspod

Some interesting news today regarding SEC views on cryptos and securities, particularly eth. Overall seems quite favorable and also seems like they're putting a great deal of thought into it...for example they do mention decentralization and its impact on their views. If you'd like to dig into it further, here's a long string of tweets from someone who can explain it all much better than I could.

https://twitter.com/msantoriESQ/stat...17386721218560

Good read. Thanks! If you scroll down on the twitter feed, dude posted a link to an ETH scam...beware.

**jjgold** · 06-14-18, 06:02 PM

Anyone buying any of these smaller coins are really dumb

I think eventually bitcoin will settle about $1000 kind a like gold

**biggie12** · 06-14-18, 06:10 PM

why ia jj allowed to post in this thread.

still holding pac strong here

**Ebumdude** · 06-14-18, 08:34 PM

Originally posted by jjgold

Anyone buying any of these smaller coins are really dumb

I think eventually bitcoin will settle about $1000 kind a like gold

JJ. That’s not how it works bud. Alt coins serve different functions on different platforms than Bitcoin. Different uses. You’ve got to educate yourself before shooting from the hip brother. You are missing out on money.