Crypto lounge thread

[BURNΞR]

This is probably a ludicrous post in 2020 but still…

Would you guys be willing to direct me towards a book/site/Youtube/Bitchute etc. channel where I could get some solid fundamentals regarding crypto-currencies?

When it came onto the scene I observed it, read about it in articles, listened to some podcasts, but never participated or studied it with much rigor due to the fact that I was finishing up my MD and started working.

I don’t plan on becoming rich via crypto but I’d like to diversify some of my funds into it and use to it to support creators on our side with an added layer of anonymity (if it still exists).

I’m not looking for step by step guides, but I stopped asking my friends who are supposedly knowledgeable about it because for every question I pose I get about 5 different answers and it starts to get confusing.

Thanks in advance!

After being in the space for a couple of years it's clear to me nobody knows what they are talking about when it comes to investing in crypto. There are experts in how the tech works but when comes to investing everyone is relying on patterns in the chart (technical analysis). I have only 1-2 channels that delve into fundamental analysis of altcoins.

these are the channels I would cycle through that had reasonably decent content regarding technical analysis: the moon, mmcrypto, Alessio rastani. The only channel I've seen that has anything resembling fundamental analysis is Chico Crypto. I personally just listen to what retired hedge fund managers (like raoul pal) have to say regarding the macroeconomics of bitcoin, since the entire space follows it and I don't see another altcoin mania against unless it surpasses it's previous all time high of 20K USD.

I know you just started working as a graduate and you are probably poor af with low pay/rent/loans but I would still put a portion of your earnings into bitcoin or top 15 alt-coins now before the market goes hyperbolic again. Speculators that got into the space early have consistently got bigger gains despite having little to no understanding, knowledge, or ability to trade. I would personally buy BTC since that will be the initial mover and the most conservative one. After it goes past 20k I can see alt-coins out performing it once again.

With anonymous payments there's Monero (XMR).

 

[Mikeyd03]

@redbeard

How can a btc mining company not do well if btc goes hyperbolic? What’s the logic there?

@burner I have to disagree w/ the moon being a solid channel.

Best fundamental analysis for btc on youtube:
-Bob Loukas
-Benjamin Cohen

Chico crypto is good for finding info that you wouldn’t otherwise.

@deep Data dash is well spoken, but consistently tries to pump his own bags.

Again, if btc does reach 20k I fully expect alts to moon as well. Not because they have revolutionary value, but because of human psychology.

 

[BURNΞR]

@redbeard

How can a btc mining company not do well if btc goes hyperbolic? What’s the logic there?

@burner I have to disagree w/ the moon being a solid channel.

Best fundamental analysis for btc on youtube:
-Bob Loukas
-Benjamin Cohen

Chico crypto is good for finding info that you wouldn’t otherwise.

@deep Data dash is well spoken, but consistently tries to pump his own bags.

Again, if btc does reach 20k I fully expect alts to moon as well. Not because they have revolutionary value, but because of human psychology.

Bob Loukas is pretty good. He has solid theory crafting around when he expects Bitcoin to do well. Benjamin Cohen has very good fractal analysis. Again, not much I can leverage off any of these channels. They all say the same thing - Bitcoin to the moon in 18-36 months, just sit on your hands. There, I just saved everyone hours of YouTube research.

the channels I recommended are not amazing but there are definitely better than the rest on youtube. Those ones are very good too, BoB loukas doesn't publish a video often.

Stay away from Datadash, he speaks well but he knows absolutely nothing and just parrots what's in the mainstream already. This clown has no original thoughts.

Re: mining stocks...If you are going to invest in the stock market why not invest in gold mining stocks instead of something new and untested like crypto mining? My issue with stocks is that the issuer can inflate the # of stocks or just dump on you when it suits them.

 

[redbeard]

@redbeard
How can a btc mining company not do well if btc goes hyperbolic? What’s the logic there?

It's a different play. Buying BTC means you think the speculation will continue. Buying the mining stock means you think *those people* will continue to turn a profit on said speculation.

I don't think you understand how mining works. It's a commodity similar to oil. From what I understand, the spot price of oil has decoupled from the stock prices of the service companies & operators.

When you buy shares of the mining company, you're putting your trust in the board to operate the company way, keep margins high, lower expenses, and open mining facilities intelligently. There's a lot more moving cogs when purchasing the mining company vs. pure BTC.

 

[BURNΞR]

@burner

Link, ada, data, snt, nmr, mco, etc, bat, omg

Those are the ones I remember off the top of my head.

A couple equity picks as well. One which i was invested in before reading.

Burner...weren’t you the one that introduced link to the forum. I’d be very curious to hear what ideas you have about the current market and any projects you are looking at.

Yes, I was: https://www.rooshvforum.com/thread-64742.html?highlight=chainlink

It's already done 50x in fiat terms but I was wrong about the time-frame. Took 2 years, not 1.

I haven't looked at any new projects since late 2017. Nothing but scam ICO's since. the alt-coin market is depressed until BTC surpasses 20k. After that I expect the money to spill into altcoins.

These are shitcoins with no hope: data, snt, nmr, mco, etc

 

[Mikeyd03]

@redbeard

“I don’t think you understand how mining works”

Good counter. Do tell us all the ins and outs of btc mining. To compare it to oil is a bit of a stretch.

The “said speculation” may not continue to turn a profit?

Yes. It will. If bitcoin were even to reach $20-30k a stock like HUTMF would soar....I’m confident in that. It’s the exact same reason the gold miners will soar when gold is in a bull cycle. (Oil is a factor in that)

Moving cogs yes. Read higher risks....Higher reward.

@burner I was considering a position in GDXJ

 

[Stats]

Any one have info on chinas new state run digital currency? Is it supply capped like bitcoin? stable coin? how is it mined if at all?

 

[Coja Petrus Uscan]

The gut Teeka Tiwari is dropping his "5 coins to 5 million" - five small coins he tips to go up a lot.


He dropped five others about a month ago. I didn't catch the webcast, but happened to own four of them. They've all one up 100s of percent. I think one, DATA, has gone up over 1,000%.

I will drop the coins in here as the are announced.

The guy is a bit of an NLP marketer type, but he moves markets and has made good calls...

 

[Coja Petrus Uscan]

These are the top seven:


2020 Phenomenon Play No. 1: Crypterium (CRPT)
Buy up to: $0.45
Buy it on: KuCoin, CoinSwitch
2020 Phenomenon Play No. 2: Tierion (TNT)
Buy up to: $0.08
Buy it on: HitBTC, Binance, CoinSwitch
2020 Phenomenon Play No. 3: 0x (ZRX)
Buy up to: $0.75
Buy it on: Coinbase, Binance, Bittrex, CoinSwitch, Uniswap
2020 Phenomenon Play No. 4: Crypto.com (MCO)
Buy up to: $10
Buy it on: Bittrex, Binance, Crypto.com Wallet, CoinSwitch, Exodus
2020 Phenomenon Play No. 5: Status Network Token (SNT)
Buy up to: $0.04
Buy it on: Bittrex, Binance, KuCoin, CoinSwitch, Exodus, Uniswap
Bonus 2020 Phenomenon Play: Solve.Care (SOLVE)
Buy up to: $0.12
Buy it on: Bittrex, KuCoin

Another six:


2020 Phenomenon Watch List Coin No. 1: Ripio Credit Network (RCN)
Buy up to: $0.04
Buy it on: Binance, Uniswap, CoinSwitch
2020 Phenomenon Watch List Coin No. 2: Chainlink (LINK)
Buy up to: $2.50
Buy it on: Coinbase, Binance, Uniswap, CoinSwitch
2020 Phenomenon Watch List Coin No. 3: Enjin Coin (ENJ)
Buy up to: $0.12
Buy it on: KuCoin, Bittrex, Binance (Binance. US for readers in the U.S.), CoinSwitch, Uniswap
2020 Phenomenon Watch List Coin No. 4: Numeraire (NMR)
Buy up to: $15
Buy it on: Bittrex, Uniswap
2020 Phenomenon Watch List Coin No. 5: DATAcoin (DATA)
Buy up to: $0.04
Buy it on: Binance, CoinSwitch, Uniswap
Bonus 2020 Phenomenon Watch List Coin: Loki (LOKI)
Buy up to: $0.20
Buy it on: KuCoin

1 hour price moves:

 

[AmosWagner]

Yes, I was: https://www.rooshvforum.com/thread-64742.html?highlight=chainlink

It's already done 50x in fiat terms but I was wrong about the time-frame. Took 2 years, not 1.

I haven't looked at any new projects since late 2017. Nothing but scam ICO's since. the alt-coin market is depressed until BTC surpasses 20k. After that I expect the money to spill into altcoins.

These are shitcoins with no hope: data, snt, nmr, mco, etc

Don't altcoins usually move towards the upswide along with bitcoin when it rises?

 

[Mikeyd03]

Well....HUTMF is flying this morning.

Fundamentals:
-produces BTC at 43% cheaper costs than industry
-Key partnership with Bitfury (who holds 47% share) of company
-Access to cheap electricity
-Alberta located....providing for year round cool weather (operational efficiencies for data centers)

But if BTC flies...this won't fly as well? Time will tell.

Financial report for Q1 will be released Monday, just thought I'd share.

 

[Deepdiver]

T2s PDF basic investment thesis is based upon research that subsequent to each BTC halving there was a huge pump that would generate asymmetric returns in many Alts... The 5 Coins to $5M question is how to identify which ones? BTC being priced at levels now that prices out most new or smaller investors T2 and team attend Blockchain and Crypto conferences around the world meeting team members who are solving problems for many underserved people in their regions and that may offer global adoption. He then focused on most traction, adoption and use combined with lower current mkt caps that offer potential for real asymmetric returns based upon T2s track record... During previous halvings they identified and bought a number of low mkt cap projects that exploded over 100 and more than a few over 1,000 times their entry point.

Tone Vays is a BTC purist and markets technician who trades options on S&P and Tesla, BTC etc... In this mornings Market Pulse YT vlog he mentioned Crypto Twitterverse in a tingles tizzie that PTJ yes Paul Tudor Jones the legendary market waves trading Billionaire just bought BTC as a hedge against inflation now that FED and Treasury likely to exceed $10T to just try and halt the Covid19 Depression... After the collapse and deflation in demand massive electronic helicopter money showers likely to devalue dollars in the longer run and expert waves analyst and investor PTJ putting cash into BTC as "BTC is the fastest horse in the current field".

Lastly one interesting Alt that Max Keiser invested in takes the money you buy their Sunex Alt Cryptos with to install solar panel systems to provide underelectrified schools and businesses in South Africa and other high solar gain emerging markets and then pays you periodic BTC solar revenue sharing dividends... Not really asymmetric opp but you get paid in BTC... If Halving phenom holds BTC you earn now will rise as you hold. Instead of mining cryptos they are mining the sun. Interesting way to raise project capital without going into debt or giving up equity. The Sunex CEO gives periodic updates on Keiser Reports.

Sun Exchange Appoints Crypto Power Couple Max Keiser and Stacy Herbert to Advisory Board

Wilmington, Delaware/Cape Town, South Africa, May 30, 2018 (GLOBE NEWSWIRE) -- Sun Exchange (www.thesunexchange.com), a blockchain-based solar...

www.globenewswire.com

###

 

[Deepdiver]

These are the top seven:


2020 Phenomenon Play No. 1: Crypterium (CRPT)
Buy up to: $0.45
Buy it on: KuCoin, CoinSwitch
2020 Phenomenon Play No. 2: Tierion (TNT)
Buy up to: $0.08
Buy it on: HitBTC, Binance, CoinSwitch
2020 Phenomenon Play No. 3: 0x (ZRX)
Buy up to: $0.75
Buy it on: Coinbase, Binance, Bittrex, CoinSwitch, Uniswap
2020 Phenomenon Play No. 4: Crypto.com (MCO)
Buy up to: $10
Buy it on: Bittrex, Binance, Crypto.com Wallet, CoinSwitch, Exodus
2020 Phenomenon Play No. 5: Status Network Token (SNT)
Buy up to: $0.04
Buy it on: Bittrex, Binance, KuCoin, CoinSwitch, Exodus, Uniswap
Bonus 2020 Phenomenon Play: Solve.Care (SOLVE)
Buy up to: $0.12
Buy it on: Bittrex, KuCoin

Another six:


2020 Phenomenon Watch List Coin No. 1: Ripio Credit Network (RCN)
Buy up to: $0.04
Buy it on: Binance, Uniswap, CoinSwitch
2020 Phenomenon Watch List Coin No. 2: Chainlink (LINK)
Buy up to: $2.50
Buy it on: Coinbase, Binance, Uniswap, CoinSwitch
2020 Phenomenon Watch List Coin No. 3: Enjin Coin (ENJ)
Buy up to: $0.12
Buy it on: KuCoin, Bittrex, Binance (Binance. US for readers in the U.S.), CoinSwitch, Uniswap
2020 Phenomenon Watch List Coin No. 4: Numeraire (NMR)
Buy up to: $15
Buy it on: Bittrex, Uniswap
2020 Phenomenon Watch List Coin No. 5: DATAcoin (DATA)
Buy up to: $0.04
Buy it on: Binance, CoinSwitch, Uniswap
Bonus 2020 Phenomenon Watch List Coin: Loki (LOKI)
Buy up to: $0.20
Buy it on: KuCoin

1 hour price moves:

Great Summary Gework... Keep in mind the key to T2s asymmetric returns is a lower market cap under $100M typically with a higher daily trading volume indicating an active market demand especially if smaller transactions versus whales big pumps and dumps. This is why the PDF report filter has value for indicating potential 100 to 1000 times returns. I personally like Steller and Cardano however their market caps are so high now you are lucky to get a double and a 10X will take a lot more adoption and use - just saying.

 

[joost]

Literally Ponzi schemes. Fools entering the race expecting other fools to enter.

 

[BURNΞR]

Don't altcoins usually move towards the upswide along with bitcoin when it rises?

Yes but you only when bitcoin surpasses previous highs. When stupid/retail investors come back into the crypto space you'll see crazy altcoin gains again. Are they scams? Most of the time, yes. Can you still make insane gains beyond what bitcoin can get you? Yes.

 

[BURNΞR]

Literally Ponzi schemes. Fools entering the race expecting other fools to enter.

Everything is a ponzi scheme. Medicare, retirement, everything is relying on new entrants to pay out the older generation of investors. There's at least one more bubble left in altcoins and if you think otherwise you are saying human nature has evolve past greed and stupidity. I expect alts to outperform btc once more. I have bitcoin but I also have a stash of alts. If I'm wrong at least I have enough bitcoin to survive the transition to a deflationary world.

 

[joost]

Medicare is compulsory. You're being forced to enter the Ponzi.

What upsets me is the amount of people giving financial advice to enter the Ponzi of shitcoins. They offer nothing but the expectation of increasing in price using marketing words like "the next Bitcoin". Just copy Bitcoin code, change the name for something trendy or futuristic and a few bots to pump the name online (mostly in Twitter). Cost was close to zero to the new shitcoin (Ponzi) creator. As for the next ones entering, a big, big question mark. When should I dump my useless "coins".

It's not about hating the game, it's about people taken advantage of. I don't mind younger kids receiving a lesson early in life but I am against people shilling shitcoins to forum members as it was a good investment. It's outright gambling. And if you manage to have luck, you'll be screwing someone else which is against Christian values or common decency.

 

[BURNΞR]

Medicare is compulsory. You're being forced to enter the Ponzi.

What upsets me is the amount of people giving financial advice to enter the Ponzi of shitcoins. They offer nothing but the expectation of increasing in price using marketing words like "the next Bitcoin". Just copy Bitcoin code, change the name for something trendy or futuristic and a few bots to pump the name online (mostly in Twitter). Cost was close to zero to the new shitcoin (Ponzi) creator. As for the next ones entering, a big, big question mark. When should I dump my useless "coins".

It's not about hating the game, it's about people taken advantage of. I don't mind younger kids receiving a lesson early in life but I am against people shilling shitcoins to forum members as it was a good investment. It's outright gambling. And if you manage to have luck, you'll be screwing someone else which is against Christian values or common decency.

You admit it's a ponzi then. Okay moving on.

Bitcoin has network effect going for it. Newer alts and ICOs will never have any network. It would be similar to me making a copy of Facebook with only 100 participants. It has no value comparable to FB. People are too dumb to understand this despite the plethora of information on the internet. People will be scammed. If you want to talk about gambling, from the normie point of view you are the degenerate gambler that speculates in "Beet-coin".

Alts are riskier and they are more rewarding. Bitcoin will probably do another 10x, but that's it until the next halfing. Will 10x allow the average person to retire early or buy that coveted lambo? No, therefore they will do riskier gambling in alts, it's human nature.

 

[joost]

Bitcoin has network effect going for it. Newer alts and ICOs will never have any network. It would be similar to me making a copy of Facebook with only 100 participants. It has no value comparable to FB.

So you know what I mean about shitcoins. They have a tiny market and with a small amount of money they're able to pump, then dump and screw the "investors" who were expecting more upside after a 50% increase in a day. Like I said, I don't care if a young kid expecting to be rich learn a lesson. But It's bothersome the amount of spam from bots or shills pumping a shitcoin (the next Bitcoin).

I like Bitcoin a lot and it's not because the price skyrocketed, I would prefer if the price were more stable. Maybe in the future, who knows.

 

[Stats]

Came across the first info on the digital Yuan, chinas central bank backed crypto. It will be centralized and track every transaction to the ccp. it will be available for a 1 for 1 trade with physical yuan cash. it will work without wifi connection by touching two phones. Its total supply will be manipulated up and down at any given time to control and stabilize the economy.