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| 11:29 AM | ||
| Users Online Now: 2,113 (Who's On?) | Visitors Today: 1,045,626 | |
| Pageviews Today: 1,405,401 | Threads Today: 360 | Posts Today: 5,568 |
| 11:29 AM | ||
Project: Bitcoin -- Status: Bitcoin; NEM; Nexus; Safe Exchange; Stratis; Status; Syscoin | |
| Anonymous Coward User ID: 72857927  United States05/29/2017 10:17 PM Report Abusive Post Report Copyright Violation | You need to be aware that there are problems on the BTC horizon. Quoting: artMan The system only handles some 7 transactions per second, which is way to little. The way to make it work, is to raise the transaction costs constantly to a level where people simply refrain from doing transactions. There are improvements on the way, but according to the design of BTC, 95% of the network needs to agree on an improvement for it to take hold. This has proven to be impossible on BTC and there is a stalemate since 2 years. Without this improvement, the fees are exploding with 1200% per year. We can possibly see $10 transaction-fees within a year. Last news couple of days ago, is that they will try to do a coup and change BTC even without the 95% support. This will require a hard fork, and we could possibly end up with two parallel bitcoin networks. BTC might overcome these problems, but there are other coins that already are way passed these issues. Also, BTC uses electricity for several millions of dollars each day, just to crunch numbers, which is not really necessary. There are other chains that do not require this enormous amount of electricity. Because of this, BTC has gone from being 85% of the cryptocurrency space to 50% in a couple of months. That is very interesting. I will definitely investigate that further. Thanks for the tip. Yesterday I bumped into this video on some of what you touched upon. I guess this chart will make it even more clear. This is the historical transaction fee chart. [link to bitinfocharts.com (secure)] The guy in the video recommends PIVX towards the end of the video. He says its a forked version of DASH and very inexpensive relatively. PIVX has double ln the last two days. |
Psych
(OP) User ID: 71582760  Netherlands05/30/2017 03:45 PM Report Abusive Post Report Copyright Violation | OP, the standard models you present are totally irrelevant to the problem at hand. Quoting: Anonymous Coward 74665956 Wish you good luck! I am investing the problems as well. This video outlined it pretty well, I think. Yes, I will definitely diversify, and will most likely buy Ethereum as well. I am just wrapping my mind around Bitcoin first. Thank you Psych Quoting: VooDooRoo I`m a total knob and wanting to look into doing this ,I have some money sitting in a bank account and basically earning nothing, and just helping out the bank... I will try to digest your information and see how fits into my situation. Once again thank you V D R Very welcome! Stay tuned.  Definitely will!  |
| Psych
(OP) User ID: 71582760 Netherlands05/30/2017 03:58 PM Report Abusive Post Report Copyright Violation | Just keep buying btc except at the peaks... for altcoins Quoting: Anonymous Coward 74661034 ethereum - huge potential ripple - be wary of the premine zcash - huge potential, already costly uses zk based anon dash - already costly, and it isn't anonymous, doing coinjoin with 1 other user is easy to "decode" Risky bets but huge potential Any of the ethereum tokens Ltc - touch call, no real tech outside of the segwit but LTC didn't even need it as blocks aren't full Monero - long time player, could be flat or huge Steem - solid, already pricey though Eclipse - on c-cex, true anon, and cheap (zk based) but limited info on dev Komodo - Tech isn't clear, dev has multiple un-finished projects but if he finish's huge returns here blocknet - tech is clear and has actual working p2p atomic cross chain asset swaps, dev has 2nd project (XC), both huge potential if the dev delivers Verge - If it rebounds huge play here. good luck, its all a gamble Thanks! I will add those to the list to review. If I were you I would not do that. Quoting: Anonymous Coward 74972170 I would invest 50% in bitcoin and the other 50% would diversify into others crytocurrency. I will diversify, but I am focusing on Bitcoin first. Can someone please explain this to me? Quoting: Duncan the destroyer - You're buying non cash crypto currency to one day sell it and be paid in dollars,correct? - The value of this crypto currency is valued in dollars,correct? How is this not just one big global ponzi scheme? -say you have a billion bitcoin,how can I buy a loaf of bread or a gallon of gas with it? The very thing people rationalize for the existence of this crypto currency is invalid because no matter what,in the end you will trade it in for dollars which is the very thing you insist it replaces! If this was in fact a legitimate alternative to the dollar it would have no ties to the dollar at all and have the strength to stand on its own,correct? Just seems like a repackaged shell game where the people that started this stand to make a huge fortune and then a crash where a bunch of wanna be Buffets are going to lose everything. The people in it now don't really care because all they see is a huge pile of DOLLARS,not bitcoin at the end of the rainbow. I just can't wrap my noodle around this,Help! It's not a replacement yet. One could argue it's still getting setup for that. Average people need a reason to commit to purely digital currencies. Indeed. The majority of the people are using it as an investment, now we have an influx of Chinese gamblers, but once it becomes user friendly and the average Joe starts using it, we will see large sums of money shifting to cryptocurrencies. Also, when the next crisis hits, I wonder how much money will go into crypto instead of gold. |
| Sir France's Beercan
User ID: 74967384  United Kingdom05/30/2017 04:08 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. |
| Sir France's Beercan
User ID: 74967384 United Kingdom05/30/2017 04:09 PM Report Abusive Post Report Copyright Violation | |
| Sir France's Beercan
User ID: 74967384 United Kingdom05/30/2017 04:13 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. |
| Psych
(OP) User ID: 71582760 Netherlands05/30/2017 04:41 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. Good stuff! Don't worry about the price. Not ideal, but I have no doubt that previously set highs are going to be broken again. Just a matter of time. I am still waiting for my exchange to raise my limit anyway, so I don't have much choice than to hold off and it might play in my cards, price-wise. Other thing. I am looking to buy the same three you bought, but I am still doing my due diligence on Bitcoin. Have you looked for an exchange and cold wallet solution for Ethereum and Ripple? The more I read on these online wallets, the more I dislike them, so if I can avoid them, I most certainly will. Anyway, good luck, man! Last Edited by Psych on 05/30/2017 04:44 PM |
| Anonymous Coward User ID: 15421694 United States05/30/2017 04:52 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. Good stuff! Don't worry about the price. Not ideal, but I have no doubt that previously set highs are going to be broken again. Just a matter of time. I am still waiting for my exchange to raise my limit anyway, so I don't have much choice than to hold off and it might play in my cards, price-wise. Other thing. I am looking to buy the same three you bought, but I am still doing my due diligence on Bitcoin. Have you looked for an exchange and cold wallet solution for Ethereum and Ripple? The more I read on these online wallets, the more I dislike them, so if I can avoid them, I most certainly will. Anyway, good luck, man! btc is going down down down there is a new horse to be on you must have called the top man! |
| Psych
(OP) User ID: 71582760 Netherlands05/30/2017 05:03 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. Good stuff! Don't worry about the price. Not ideal, but I have no doubt that previously set highs are going to be broken again. Just a matter of time. I am still waiting for my exchange to raise my limit anyway, so I don't have much choice than to hold off and it might play in my cards, price-wise. Other thing. I am looking to buy the same three you bought, but I am still doing my due diligence on Bitcoin. Have you looked for an exchange and cold wallet solution for Ethereum and Ripple? The more I read on these online wallets, the more I dislike them, so if I can avoid them, I most certainly will. Anyway, good luck, man! btc is going down down down there is a new horse to be on you must have called the top man! I am expecting a retracement too. See today's chart in the OP. If it will, it will just serve as a buying opportunity. |
| Sir France's Beercan
User ID: 74967384 United Kingdom05/30/2017 05:16 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. Good stuff! Don't worry about the price. Not ideal, but I have no doubt that previously set highs are going to be broken again. Just a matter of time. I am still waiting for my exchange to raise my limit anyway, so I don't have much choice than to hold off and it might play in my cards, price-wise. Other thing. I am looking to buy the same three you bought, but I am still doing my due diligence on Bitcoin. Have you looked for an exchange and cold wallet solution for Ethereum and Ripple? The more I read on these online wallets, the more I dislike them, so if I can avoid them, I most certainly will. Anyway, good luck, man! btc is going down down down there is a new horse to be on you must have called the top man! Yeah maybe, but like I said I couldn't give a fuck, I'll have a look in a year and if one of them have worked then it's beers on me, if they haven't it's no big deal. |
| Sir France's Beercan
User ID: 74967384 United Kingdom05/30/2017 05:18 PM Report Abusive Post Report Copyright Violation | ... Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. Good stuff! Don't worry about the price. Not ideal, but I have no doubt that previously set highs are going to be broken again. Just a matter of time. I am still waiting for my exchange to raise my limit anyway, so I don't have much choice than to hold off and it might play in my cards, price-wise. Other thing. I am looking to buy the same three you bought, but I am still doing my due diligence on Bitcoin. Have you looked for an exchange and cold wallet solution for Ethereum and Ripple? The more I read on these online wallets, the more I dislike them, so if I can avoid them, I most certainly will. Anyway, good luck, man! btc is going down down down there is a new horse to be on you must have called the top man! I am expecting a retracement too. See today's chart in the OP. If it will, it will just serve as a buying opportunity. I had a look at the chart but I thought with all the recent attention in the press and the five or seven day lag in getting an account, there will be loads of noobs about now getting their accounts confirmed who will start buying in in the next day or two. I wanted to get in before that. Last Edited by Sir France's Beercan on 05/30/2017 05:18 PM |
| Sir France's Beercan
User ID: 74967384 United Kingdom05/30/2017 05:22 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. Good stuff! Don't worry about the price. Not ideal, but I have no doubt that previously set highs are going to be broken again. Just a matter of time. I am still waiting for my exchange to raise my limit anyway, so I don't have much choice than to hold off and it might play in my cards, price-wise. Other thing. I am looking to buy the same three you bought, but I am still doing my due diligence on Bitcoin. Have you looked for an exchange and cold wallet solution for Ethereum and Ripple? The more I read on these online wallets, the more I dislike them, so if I can avoid them, I most certainly will. Anyway, good luck, man! So far I have the two stage verification with the Authy app but I'll sort out a cold wallet. I thought I'd get into the market and then I'll put it all into a wallet at the same time. |
| Psych
(OP) User ID: 71582760 Netherlands05/30/2017 05:32 PM Report Abusive Post Report Copyright Violation | ... Quoting: Psych Good stuff! Don't worry about the price. Not ideal, but I have no doubt that previously set highs are going to be broken again. Just a matter of time. I am still waiting for my exchange to raise my limit anyway, so I don't have much choice than to hold off and it might play in my cards, price-wise. Other thing. I am looking to buy the same three you bought, but I am still doing my due diligence on Bitcoin. Have you looked for an exchange and cold wallet solution for Ethereum and Ripple? The more I read on these online wallets, the more I dislike them, so if I can avoid them, I most certainly will. Anyway, good luck, man! btc is going down down down there is a new horse to be on you must have called the top man! I am expecting a retracement too. See today's chart in the OP. If it will, it will just serve as a buying opportunity. I had a look at the chart but I thought with all the recent attention in the press and the five or seven day lag in getting an account, there will be loads of noobs about now getting their accounts confirmed who will start buying in in the next day or two. I wanted to get in before that. I don't blame you. It's good to have them in the pocket. |
| Sir France's Beercan
User ID: 74967384 United Kingdom05/30/2017 05:34 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 15421694 btc is going down down down there is a new horse to be on you must have called the top man! I am expecting a retracement too. See today's chart in the OP. If it will, it will just serve as a buying opportunity. I had a look at the chart but I thought with all the recent attention in the press and the five or seven day lag in getting an account, there will be loads of noobs about now getting their accounts confirmed who will start buying in in the next day or two. I wanted to get in before that. I don't blame you. It's good to have them in the pocket. Hehe or I could have missed it completely. Like I said I'm just having a bit of fun. |
| Anonymous Coward User ID: 74993663  Brazil05/30/2017 05:37 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. You will get rich! |
| Sir France's Beercan
User ID: 74967384 United Kingdom05/30/2017 05:40 PM Report Abusive Post Report Copyright Violation | I thought fuck it and bought in today. I managed to buy into ethereum at its peak (typical) and I got bitcoin and ripple. I've got two accounts, coinbase and bitstamp. I'll just leave them and have a look in a year or two. Hopefully one of them goes to the moon. Quoting: Sir France's Beercan €2000 all together, €1000 etherum, €500 ripple and €500 bitcoin. I think I'll stick another €1000 on bitcoin and then sit back, it's a bit of fun so I'm happy to just see what happens with that amount, I don't want to gamble any more. You will get rich! We'll see mate. I'm just gonna look in five years and see how things have gone  |
| Anonymous Coward User ID: 74994832 United Kingdom05/30/2017 06:12 PM Report Abusive Post Report Copyright Violation | DON'T BUY ANY CRYPTO IT'S ALL A PONZI SCHEME YOU WILL LOSE ALL YOUR MONEY DON'T DO IT!!!! Quoting: Anonymous Coward 74013093 ;) those jumping in with little knowledge will lose. OP looks like he has a couple more brain cells than you though as he's stated a price you could hop on the train to $4500, and quite possibly pass $10k this year. Just search exactly who's making it all legal now. Hard fork looks likely, just keep bitcoin and your new freebee coin, then you won't lose... As seen with ETH piece of shit coin, ETH + ETC price = ETH price before fork. Hint: Stratis will beat down Ethereum this year and I see potential to be more expensive than actual bitcoin itself with that one. Look into it for sure. Anything with new tech is worth a punt, the old coin look tired... Coins... even BBC is calling it digital assets, old habits... congrats to those that looked into strat |
| TheGasMan II
User ID: 71648857 United States05/30/2017 08:30 PM Report Abusive Post Report Copyright Violation | DON'T BUY ANY CRYPTO IT'S ALL A PONZI SCHEME YOU WILL LOSE ALL YOUR MONEY DON'T DO IT!!!! Quoting: Anonymous Coward 74013093 ;) those jumping in with little knowledge will lose. OP looks like he has a couple more brain cells than you though as he's stated a price you could hop on the train to $4500, and quite possibly pass $10k this year. Just search exactly who's making it all legal now. Hard fork looks likely, just keep bitcoin and your new freebee coin, then you won't lose... As seen with ETH piece of shit coin, ETH + ETC price = ETH price before fork. Hint: Stratis will beat down Ethereum this year and I see potential to be more expensive than actual bitcoin itself with that one. Look into it for sure. Anything with new tech is worth a punt, the old coin look tired... Coins... even BBC is calling it digital assets, old habits... congrats to those that looked into strat This is from my Bittrex wallet. 05/28/2017 11:01:26 PM 05/28/2017 10:58:31 PM BTC-STRAT Limit Buy 0.00157092 15.11871734 15.11871734 0.00157091 -0.02380966 Stratis STRAT 15.11871734 0.00000000 0.00000000 15.11871734 0.04354191 71.7% Last Edited by TheGasMan II on 05/30/2017 08:32 PM "Every new child born brings the message that God is not yet discouraged of man." - Tagore "It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle. :TGMtank: |
| Troller Durden
User ID: 6439880 United States05/31/2017 09:22 PM Report Abusive Post Report Copyright Violation | Slightly off topic, but still relevant if/when quantum computing comes in play to challenge the blockchain. [link to cryptoinsider.com (secure)] |
| Anonymous Coward User ID: 73973836 United States05/31/2017 09:34 PM Report Abusive Post Report Copyright Violation | Slightly off topic, but still relevant if/when quantum computing comes in play to challenge the blockchain. Quoting: Troller Durden [link to cryptoinsider.com (secure)] I'll make massive amounts of $$$ off the cryptos long before that happens...:) |
| Anonymous Coward User ID: 70207576 United States05/31/2017 09:50 PM Report Abusive Post Report Copyright Violation | Slightly off topic, but still relevant if/when quantum computing comes in play to challenge the blockchain. Quoting: Troller Durden [link to cryptoinsider.com (secure)] I'll make massive amounts of $$$ off the cryptos long before that happens...:) I doubt it. We may very well have just witnessed the top on these make believe 'coins'.  |
| Anonymous Coward User ID: 73973836 United States05/31/2017 10:21 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 75000694 United States05/31/2017 10:22 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73973836 United States05/31/2017 10:46 PM Report Abusive Post Report Copyright Violation | Oh ye of little faith. Quoting: Anonymous Coward 73973836 My accounts are up over 30% since the "top" you think you might have witnessed. There's a winning side to every trade. Try and convert your windfall into tangible assets.... Easy, and happens on a regular basis. Cheers. |
| Anonymous Coward User ID: 75002166 United States05/31/2017 11:14 PM Report Abusive Post Report Copyright Violation | Finally got my bank account verified on coinbase [link to www.coinbase.com (secure)] With bank account verification comes a higher spending limit for using USD to buy bitcoin, ethereum, or litecoin, and lower transaction fees vs using a debit/credit card. The only problem is that it took a few days to get the verification..... Waiting on tha dip. |
| Anonymous Coward User ID: 75000694 United States05/31/2017 11:16 PM Report Abusive Post Report Copyright Violation | Oh ye of little faith. Quoting: Anonymous Coward 73973836 My accounts are up over 30% since the "top" you think you might have witnessed. There's a winning side to every trade. Try and convert your windfall into tangible assets.... Easy, and happens on a regular basis. Cheers. Not. Show me where someone has taken hundreds of thousands of dollars in btc and actually walked off with fiat monies or precious metals in hand, not paper metals. |
| Anonymous Coward User ID: 75002166 United States05/31/2017 11:22 PM Report Abusive Post Report Copyright Violation | Oh ye of little faith. Quoting: Anonymous Coward 73973836 My accounts are up over 30% since the "top" you think you might have witnessed. There's a winning side to every trade. Try and convert your windfall into tangible assets.... Easy, and happens on a regular basis. Cheers. Not. Show me where someone has taken hundreds of thousands of dollars in btc and actually walked off with fiat monies or precious metals in hand, not paper metals. Calm down, diarrhea breath. People convert BTC to USD through online currency exchanges all day every day. |
| Troller Durden
User ID: 6439880 United States05/31/2017 11:25 PM Report Abusive Post Report Copyright Violation | Slightly off topic, but still relevant if/when quantum computing comes in play to challenge the blockchain. Quoting: Troller Durden [link to cryptoinsider.com (secure)] I'll make massive amounts of $$$ off the cryptos long before that happens...:) It wont happen, check this article from 2013: [link to bitcoinmagazine.com (secure)] It is an easy fix. And when it happens buy the dip. :) |
| Anonymous Coward User ID: 73780595 United States05/31/2017 11:37 PM Report Abusive Post Report Copyright Violation | OP, forget about extrapolating the price movements based on technical or fundamental analysis, or Fibonacci patterns. Crypto-currencies do not have the institutional under-pinnings to allow for such modeling. The price movement is solely based on emotions and perceptions. Quoting: Anonymous Coward 4222222 What you have to do is look at the technology of what a crypto is built upon and how that fits in to where it's adaptation lies in the future. Bitcoin's (BTC) technology is not that great, however, it's the defacto standard for Chinese people to sidestep monetary controls in China. Hence, that's what drives the price rise. For actually "buying things" with a crypto coin, Litecoin (LTC) will probably become the standard. Quicker and smoother transaction times than with Bitcoin. For the future of it's underlying tech, Ethereum (ETH) is where you want to be. The ETH blockchain for smart contracts and smart devices is what corporations will be adopting. ETH will be a key in the "Internet Of Things" landscape. Currently, ETH does not have a cap on how many coins can be mined. I believe that the Ethereum Project will put a cap on how many coins can be mined, and once that happens, ETH will surpass Bitcoin in price. Ethereum about to take off again. ETH will start trading on largest China exchange June 1st (tomorrow). Should be a quick pop to $300-$400 and then work it's way up to $1,000 by the end of of the year. |
| Anonymous Coward User ID: 75000694 United States05/31/2017 11:39 PM Report Abusive Post Report Copyright Violation | |
