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Crypto lounge thread
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Dvorak Offline
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Post: #51
RE: Crypto lounge thread
(01-18-2018 01:15 PM)Steve McQueen Wrote:  I heard the St Louis central bank has plans to add bitcoin to it's reserves this year, though it might seem laughable now, lm calling 100k bitcoin by year end if central banks start buying.
So much untapped potential still. People are focusing on the dumb schmucks that are throwing their life savings at Bitconnect, but in reality most people that entered the market have barely put any money into it.

Would be good if regular investment funds start adding BTC/crypto in their portfolio, and we get a Bitcoin ETF. Should spike (and stabilize) the price. Could come in Q2/Q3 if regulation plays nice.
Next step is billionaires and big companies start using it for offshore banking and diversification. Then regular people and big companies start storing/using it as a payment method.

Still a lot of upside for the coming years, but regulation can fuck us hard, and there will probably be few more crashes along the way.
01-18-2018 05:48 PM
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Skank_Hunt Offline
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Post: #52
RE: Crypto lounge thread
Yeah, 100k or even 1,000,000 is possible if banks, big companies, heck even the public sector simply add BTC for diversification of assets. It could be just 1%, or even less than that. It would still lead to huge money flowing into BTC.
01-18-2018 08:00 PM
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SamuelBRoberts Offline
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Post: #53
RE: Crypto lounge thread
Assessing the damage to my long-term bags this evening now that we're starting to see a recovery.

It's not pretty. I moved a lot to fiat, but I should've been more aggressive about selling shit. A bull market goes on so long you start to think it's the new normal... Dumb. I should've taken profits on a lot of stuff, particularly my Tierion, which is already on Binance and unlikely to see any more growth.
01-18-2018 11:39 PM
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Transsimian Offline
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Post: #54
RE: Crypto lounge thread
Am I the only one more concerned with the rising AU$ than the crypto market?

Crypto still revolves round the US$

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01-19-2018 05:09 AM
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SamuelBRoberts Offline
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Post: #55
RE: Crypto lounge thread
Been a boring week in Cryptovlle. BTC is stable-ish, but it's a bear stable-ish, so there's not much to do with alts. Can't even short it because the tethers are still pumping.

I'm just sitting around, mostly in fiat, waiting for it to make up its mind. I might buy some more $MAN tokens, I guess...

Anybody else doing anything interesting?
01-24-2018 02:17 PM
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redbeard Offline
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Post: #56
RE: Crypto lounge thread
(01-24-2018 02:17 PM)SamuelBRoberts Wrote:  Been a boring week in Cryptovlle. BTC is stable-ish, but it's a bear stable-ish, so there's not much to do with alts. Can't even short it because the tethers are still pumping.

I'm just sitting around, mostly in fiat, waiting for it to make up its mind. I might buy some more $MAN tokens, I guess...

Anybody else doing anything interesting?

Taking this bear run as a time to relax. Trying to figure out moves for the next few months. Other than that - time to go outside for once.
01-24-2018 02:59 PM
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cato Offline
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Post: #57
RE: Crypto lounge thread
I went to the North American Bitcoin Conference last week in Miami. Here are some random thoughts on the event.

-It had over 4000 attendees which made the largest BTC event ever
-Over 95% of the attendees were men. Very few women and the only pretty women were the ones working the event.
-All the speakers were male. This caused a minor PR hit for the event because a lot of women were complaining about this in different Facebook groups I'm in. The organizer Moe Levin released a press release apologizing for this (Gay)
-I saw 6 lambos and 4 Ferraris parked right in front of the convention. The people that drove these cars were young guys
-It was an ICO pitchfest. Lots of interesting ICOS but I'm not sure which ones will succeed. Some of them definitely looked like scams. Some that looked like winners are T0 (T Zero), WanChain, Spice, Swarm, Telcoin, Car Vertical and others
-A lot of the speakers talked about how most tokens in the coming year will be security tokens instead of utility tokens. This brings extra regulations and it means that only accredited investors can participate in upcoming ICOs
-The networking events/party was held in Club Eleven. This was an interesting choice. Lots of women complained again.
-The enthusiasm was off the charts.
-An interesting anecdote from one of the speakers. When the price of BTC crashed in 2014 due to the triple bad news of Silk Road, Mt. Gox, and China regulations, BTC crashed all the way down from $1000 to $100 in a couple of days. He was speaking at a BTC event and even he was having doubts about its long term utility. He asked the crowd if it was over? And the crowd was defiant and told him "Hell No"
-Over 95% of the crowd was Republican, Libertarian, or Independent. A speaker asked what the crowd's political affiliation was and Republicans got the loudest cheer.
-Lots of diversity. The ICOS were from all over the world. Asia, USA, Europe, and Latin America

Overall, I had a good time and met some great people. You had a chance to talk with the founders of these projects and they were pretty accessible. This might change in the future. Who knows.
01-24-2018 03:27 PM
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DJ-Matt Offline
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Post: #58
RE: Crypto lounge thread
Just received an email from Robinhood (the no commission stock trading app) they're going to open a Crypto exchange very soon. I got on the early access list but it could be weeks before they let me in. I'll play with it and have a little write up when I get access.

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01-25-2018 12:49 PM
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gework Offline
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Post: #59
RE: Crypto lounge thread
(01-18-2018 12:19 PM)whiteknightrises Wrote:  BITCONEEEEEEEEECTTT



01-27-2018 04:18 PM
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RedPillUK Offline
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Post: #60
RE: Crypto lounge thread
This is interesting, someone spent $1000 on buying the top 100 cryptocurrencies on Dec 6th 2017 ($10 each), and he's writing about it here:

https://buyandhold100crypto.com/

He says he's planning on holding it all for 5 years, Even though that means he bought bitconnect, his overall gain so far is $1726 USD and 0.15 BTC. Pretty damn impressive for 7 weeks.

"Especially Roosh offers really good perspectives. But like MW said, at the end of the day, is he one of us?"

- Reciproke, posted on the Roosh V Forum.
01-28-2018 01:11 AM
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westcoastlink Offline
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Post: #61
RE: Crypto lounge thread
(01-28-2018 01:11 AM)RedPillUK Wrote:  This is interesting, someone spent $1000 on buying the top 100 cryptocurrencies on Dec 6th 2017 ($10 each), and he's writing about it here:

https://buyandhold100crypto.com/

He says he's planning on holding it all for 5 years, Even though that means he bought bitconnect, his overall gain so far is $1726 USD and 0.15 BTC. Pretty damn impressive for 7 weeks.

Being that he got in during the major bull run in December, it's not surprising. Even after the dips, crypto prices are still well above it's prices in the first week of December.
01-28-2018 04:17 AM
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John Michael Kane Offline
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Post: #62
RE: Crypto lounge thread
Also am on the waiting list for the Robin Hood app for crypto trading. Going to also try their stocks trading as well, the price can't be beat for buying and holding longterm equities.

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01-28-2018 04:51 AM
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Oz. Offline
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Post: #63
RE: Crypto lounge thread
[Image: DMtifmvUMAABg82.jpg]

(11-15-2014 09:06 AM)Little Dark Wrote:  This thread is not going in the direction I was hoping for.
01-28-2018 01:09 PM
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RedPillUK Offline
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Post: #64
RE: Crypto lounge thread
(01-28-2018 04:17 AM)westcoastlink Wrote:  
(01-28-2018 01:11 AM)RedPillUK Wrote:  This is interesting, someone spent $1000 on buying the top 100 cryptocurrencies on Dec 6th 2017 ($10 each), and he's writing about it here:

https://buyandhold100crypto.com/

He says he's planning on holding it all for 5 years, Even though that means he bought bitconnect, his overall gain so far is $1726 USD and 0.15 BTC. Pretty damn impressive for 7 weeks.

Being that he got in during the major bull run in December, it's not surprising. Even after the dips, crypto prices are still well above it's prices in the first week of December.

Sure, but the best thing about it is you have basically an index fund to compare your results to.

Now instead of comparing whether investing in your cryptos is better than simply investing in Bitcoin or Ethereum, you can also compare your results to this.

If you're beating the returns over simply HODLing BTC/ETH and HODLing the top 100, you're doing incredibly well, and if you're not... well maybe you should consider doing something like this.

"Especially Roosh offers really good perspectives. But like MW said, at the end of the day, is he one of us?"

- Reciproke, posted on the Roosh V Forum.
01-28-2018 02:06 PM
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CaptainChardonnay Away
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Post: #65
RE: Crypto lounge thread
Someone send me a link to the discord cryto chat. Thanks
(This post was last modified: 01-31-2018 04:15 PM by CaptainChardonnay.)
01-31-2018 04:15 PM
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Oz. Offline
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Post: #66
RE: Crypto lounge thread
Chad hodl is in full effect right now, how's everyone doing? buying more? selling?

(11-15-2014 09:06 AM)Little Dark Wrote:  This thread is not going in the direction I was hoping for.
02-01-2018 09:21 AM
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rottenapple Offline
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Post: #67
RE: Crypto lounge thread
Holding mainly and buying a bit more. Selling is for cucks.
02-01-2018 09:53 AM
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RedPillUK Offline
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Post: #68
RE: Crypto lounge thread
The market has dipped even more as the price of BTC drops to 9k.

I dont think this is likely to happen, but just as a theoretical thought experiment, if exchanges started dropping Bitcoin as a trading pair and started only using ETH or other coins, do you think that would affect the price of altcoins more positively?

"Especially Roosh offers really good perspectives. But like MW said, at the end of the day, is he one of us?"

- Reciproke, posted on the Roosh V Forum.
02-01-2018 03:24 PM
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gework Offline
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Post: #69
RE: Crypto lounge thread
(02-01-2018 09:21 AM)Oz. Wrote:  Chad hodl is in full effect right now, how's everyone doing? buying more? selling?

Sold everything in December. Bought a bit back in January, sold most oft that now at a loss. Just holding a couple of really low caps. Not considering buying more any time soon.

The 1W MACD that measures price momentum started tipping over around 17 Dec, volume spiked on 20 Dec, now we're having lower volumes selling us lower after a few big dumps. 1W MACD now through the floor. USD margin funding at pretty much unseen lows and generally anemic. Web, search traffic all down and waning.

[Image: image.png]

Considerable upwards momentum is needed to turn this around. This is unlikely to emerge without establishing a new bottom over a period of time or some FOMO-worthy news. I think it will bounce down and then put in a bottom with low volume trading. ETH to overtake BTC by 2019.
02-01-2018 05:14 PM
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DJ-Matt Offline
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Post: #70
RE: Crypto lounge thread
I'm holding on the Litecoin I bought @ $275, it can't really get much worse. I transferred the extra cash leftover in coinbase back to my bank and bought more Rite-Aid stock with it. At this point I'm not sure which is riskier Big Grin

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(This post was last modified: 02-01-2018 05:45 PM by DJ-Matt.)
02-01-2018 05:45 PM
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Blancpain Offline
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Post: #71
RE: Crypto lounge thread
Its starting to look like a crash, not a correction. Still holding on to my Monero and Zcash positions.
02-01-2018 05:47 PM
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Roosh Offline
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Post: #72
RE: Crypto lounge thread
Holding with my hands of steel.

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02-01-2018 08:07 PM
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Belgrano Offline
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Post: #73
RE: Crypto lounge thread
Belgrano gained new attribute "Rape Victim".

Belgrano is now immune to feminists.

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02-02-2018 05:38 AM
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Travel Museums Offline
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Post: #74
RE: Crypto lounge thread
Don’t get scared guys. Forget about your investments and go do something else. If you’re diversified in the top 20 cryptos you WILL come out ahead eventually.
02-02-2018 05:45 AM
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Post: #75
RE: Crypto lounge thread
Time to go Buying That Fucking Dip!
02-02-2018 06:50 AM
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