crypto currency discussion

[QuantumLeap]

Just thought I would update the BNB/USDT chart to see how accurate my projections are. The first chart was as of June 1, 2019 so I figure it's been a week. Here's the chart from today (June 8) with the prices from the last week superimposed upon the chart from June 1.

Looks like the price bounced off 28.7 and is now at 31.7. If the projection continues as shown we should see around $44 per coin some time in the 3rd week of this month.

[Hman]

You guys buying into Facebook's new coin upon release?

[QuantumLeap]

Experts in here... how long should we hang on to ONE? Not familiar with the altcoin game other than reading up on this coin release, airdrop etc... coudlnt get involved in any of that being from US but got in last night right at midnight when trading opened and price is climbing nicely. Should we expect another MATIC coaster? This company seems strong from what I read but I’m a bit of a sucker... thoughts advice?

The fundamentals of this coin are solid. It has good backing.

Looks like we are back up in the last few days. I'm waiting for today's jump to roll back a little and then I'll jump back on the MATIC train.

[swordsandtequila]

Just thought I would update the BNB/USDT chart to see how accurate my projections are. The first chart was as of June 1, 2019 so I figure it's been a week. Here's the chart from today (June 8) with the prices from the last week superimposed upon the chart from June 1.

Looks like the price bounced off 28.7 and is now at 31.7. If the projection continues as shown we should see around $44 per coin some time in the 3rd week of this month.

Hope so

Good info, keep it coming

[Bluehorseshoe]

Majority of bitcoin trading is a hoax, new study finds

https://www.cnbc.com/2019/03/22/majority-of-bitcoin-trading-is-a-hoax-new-study-finds.html?__source=twitter%7Cmain

[dlowilly]

So sick to look at your Bitcoin trading history going back years

[QuantumLeap]

Looks like a bot has taken control of MTH. In the last 1 1/2 hours it's gone up at a steady pace over 150% and it is still climbing regularly. The depth is off the charts as there is very little coin available above its current level of 800 sats with a 132 BTC floor at 779. I got in at 711 and am setting stops above that in case there is a sharp selloff.

Edit: Dagger! It shot up to 890 real fast so I knew it was going to dump and it did, all the way down to 456! My stop was met well above my entry price. This is why you have stops on these pumps people.

[lotuspod]

This could be interesting for US-based people, or especially since I know some of you guys like BNB - https://www.binance.com/en/blog/3461...ch-US-Exchange

“We are excited to finally launch Binance.US and bring the security, speed, and liquidity of Binance.com to North America,” said CZ (Changpeng Zhao), CEO of Binance. “Binance.US will be led by our local partner BAM and will serve the U.S. market in full regulatory compliance.”

BAM Trading Services will support Binance.US to launch, with a focus on the trading of mainstream cryptocurrencies with liquidity.

“It is an honor to partner with Binance to launch the U.S. extension of Binance, leveraging its tier-one security and technology in tandem,” said a representative from BAM Trading Services. “We are committed to providing a secure and compliant platform, and beginning the start of a fruitful alliance with Binance.”

More information will be shared at a later date.

[Hman]

Facebook’s New Cryptocurrency, Libra, Gets Big Backers


V!sa, Master Card, PayPal and Uber are among firms that will invest around $10 million each in consortium that will govern digital coin

https://www-wsj-com.cdn.ampproject.org/v/s/www.wsj.com/amp/articles/facebooks-new-cryptocurrency-gets-big-backers-11560463312?amp_js_v=a2&amp_gsa=1#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.wsj.com%2Farticles%2Ffacebooks-new-cryptocurrency-gets-big-backers-11560463312

[asiagambler]

In other words, ****, Master Card, PayPal and Uber among firms that will get access to Facebook users' data. This should end well...

[QuantumLeap]

It looks like I may have to re-think my position in BNB. It appears as though the US government may start regulating certain aspects by restricting US citizens to its binance.us site and then not listing the BNB coin there.

[Arky]

It looks like I may have to re-think my position in BNB. It appears as though the US government may start regulating certain aspects by restricting US citizens to its binance.us site and then not listing the BNB coin there.

https://www.youtube.com/watch?v=T7O_vjsB2Jo

Check your link - not related.....

-----------------------------------------------------

The Crypto Lark's view on Facebook Coin/Global Coin/Libra/Zuck bucks.... Worth a watch if you have 18 spare minutes -

https://www.youtube.com/watch?v=BwMr4zjniFk

[QuantumLeap]

Check your link - not related.....

-----------------------------------------------------

The Crypto Lark's view on Facebook Coin/Global Coin/Libra/Zuck bucks.... Worth a watch if you have 18 spare minutes -

https://www.youtube.com/watch?v=BwMr4zjniFk

Thanks for the assist. I corrected the link above.

[Hman]

The more I read about XRP & Ripple, the more I believe it's a bunch of BS.

Thoughts?

[swordsandtequila]

It looks like I may have to re-think my position in BNB. It appears as though the US government may start regulating certain aspects by restricting US citizens to its binance.us site and then not listing the BNB coin there.

From what I gather come Sept. 12 the exchange will no longer accept deposits/trades from US customers, but any current accounts will still have access to their funds. So if I want to let my small amount of BNB ride, any gains/losses are mine, I just can't make trades. Correct?

Just another example of "small government" in action under the guise of protecting their constituents.
More like their own wallets.

[Arky]

The more I read about XRP & Ripple, the more I believe it's a bunch of BS.

Thoughts?

If you're just in it for the money, XRP should do OK long term. They have a ton of partnerships worldwide and been around quite a while in crypto time so they are well "positioned". Those are some of the pros.

They have their share of cons..... The owners/originators are banker/whale types (boo, hiss). The spirit of crypto is about becoming you own bank and not inviting bankers to the party....

That is just scratching the surface. It's a complex topic and goes a lot deeper than what I have mentioned.....

I have some XRP and won't have any trouble letting it go whenever that day comes...

[raiders72001]

The more I read about XRP & Ripple, the more I believe it's a bunch of BS.

Thoughts?

It is BS but they keep throwing money into projects so the price may continue to rise. Ripple just invested in MoneyGran and ** is booming.

[QuantumLeap]

Looks like a bot has taken control of MTH. In the last 1 1/2 hours it's gone up at a steady pace over 150% and it is still climbing regularly. The depth is off the charts as there is very little coin available above its current level of 800 sats with a 132 BTC floor at 779. I got in at 711 and am setting stops above that in case there is a sharp selloff.

Edit: Dagger! It shot up to 890 real fast so I knew it was going to dump and it did, all the way down to 456! My stop was met well above my entry price. This is why you have stops on these pumps people.

Looks like we have another runaway coin in AST just like MITH. I'm in at 770 and it's up to 850. I'm setting my sell stop point higher and higher as the price climbs.

[QuantumLeap]

Looks like we have another runaway coin in AST just like MITH. I'm in at 770 and it's up to 850. I'm setting my sell stop point higher and higher as the price climbs.

Aaaaaannnnddd there she drops! Went up to 968 after I set my stop at 901 and dropped to a little over 600.

[raiders72001]

Aaaaaannnnddd there she drops! Went up to 968 after I set my stop at 901 and dropped to a little over 600.

Nice job. It's fun to ride the pumps. I missed that one.

[Hman]

If you're just in it for the money, XRP should do OK long term. They have a ton of partnerships worldwide and been around quite a while in crypto time so they are well "positioned". Those are some of the pros.

They have their share of cons..... The owners/originators are banker/whale types (boo, hiss). The spirit of crypto is about becoming you own bank and not inviting bankers to the party....

That is just scratching the surface. It's a complex topic and goes a lot deeper than what I have mentioned.....

I have some XRP and won't have any trouble letting it go whenever that day comes...

It is BS but they keep throwing money into projects so the price may continue to rise. Ripple just invested in MoneyGran and ** is booming.

Thanks for the replies

Please take a look at this Forbes article 'Is Ripple A Scam?' and tell me what you think:

https://www.forbes.com/sites/jasonbloomberg/2019/03/01/is-ripple-a-scam/#6ae0348279a4

[QuantumLeap]

Nice job. It's fun to ride the pumps. I missed that one.

Thanks but these are different than your typical pump. They are almost mechanical. That's why I say it looks like a bot is running the increase. There is very little variation in the trend. Looking at the 5 minute chart it's like a stair-step progression.

[QuantumLeap]

Thanks for the replies

Please take a look at this Forbes article 'Is Ripple A Scam?' and tell me what you think:

https://www.forbes.com/sites/jasonbl.../#6ae0348279a4

I go under the assumption that they are all scams, including Bitcoin. There's a saying in the stock market investing world: "Never fall in love with a position." I like to extend that to crypto and say: "Never fall in love with a coin."

I'm in it just for the short-term investment and then I get out. Every coin ever made has its ups and downs. Why stick with it during the down times when you can be investing in another coin that is going up?

[Optional]

Any info about "YouNow"?

[QuantumLeap]

Another coin I'm starting to seriously think about investing in is HC, HyperCash. It's up almost 250% since the beginning of the month and it's been a steady provider.

It had a recent spike up so I'm waiting for a retracement to get it at a lower price. It's gone lower now but I'm waiting to see how low it goes.

[lotuspod]

Any info about "YouNow"?

I hadn't heard of them, but this just came out from coindesk about them - https://www.coindesk.com/blockchain-...ot-sell-tokens

[raiders72001]

Took some ETC with the hard fork back on.

[pablo222]

Picked some ETC up this afternoon.

[Optional]

I hadn't heard of them, but this just came out from coindesk about them - https://www.coindesk.com/blockchain-...ot-sell-tokens

Sounds interesting.

Was not sure it had any substance though?

[QuantumLeap]

I thought I would update the progression of BNB and clean up the picture a little. This is BNB/USDT on the daily chart. Every bar stands for one day.

I originally predicted $44 for BNB around this time but it looks like it took a little dive for one day but it's still keeping true to the overall diagonal progression.

[firekillex]

quantum leap thanks for the chart info, very good addition to this thread
appreciate it

[sandos139]

Picked some ETC up this afternoon.

Classico....nice , same here

[DOM_Toretto]

BTC 10,500

Selling or Hodl?

[QuantumLeap]

Another coin I'm starting to seriously think about investing in is HC, HyperCash. It's up almost 250% since the beginning of the month and it's been a steady provider.

It had a recent spike up so I'm waiting for a retracement to get it at a lower price. It's gone lower now but I'm waiting to see how low it goes.

Thanks firekillex for the comment about the charts.

Here is another one regarding HC that I mentioned a few days ago. I'm in at 0.0003333 which is about $3.57 and the coin price is now at $3.75. I wanted to show the USD amount and Binance doesn't have that so this is from coinmarketcap.com.

Notice that this coin started out at a gradually increasing rate and then the rate shifted higher. A few days ago when I first noticed this it was shortly after an upturn. I like to wait for the eventual downturn (which happened as you can see) and now it's back in its upward trend again.

The green line is the price in USD, the orange line is the price in BTC and the blue line is market cap.

[Yulia74]

BTC 10,500

Selling or Hodl?

https://www.tradingview.com/chart/BTCUSD/TAWr6Q2r-Bitcoin-and-the-2014-Fractal-Where-are-we-Today/