Yankee Ruin X
Member
Could be a dead cat bounce, be careful that's how they get you.
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Cryptocurrency |OT| Nothing from Money
- Thread starter Brandson
- Start date
Could be a dead cat bounce, be careful that's how they get you.
Borboleta Amarela
Member
To everyone fearing the governments might ban cryptocurrencies, fear not. That will never happen. For this simple reason: there's a lot of money to be made here. Governments don't say no to money.The financial sector will take hold of this market and it'll be a new sub-sector of financial trades. It'll fall under FinTech laws.
They will regulate the market, create regulatory entities that will, for a fee, license a company to be able to trade cryptos. For you to trade cryptos, that company will ask for all your personal info and you will be taxed on any gains. Your trades will be susceptible of overview from said regulatory entities/government.
The companies that will have a trading license for cryptos will probably be Banks, which will give them a lot of control of when people can cash out.
I have no idea when this is going to happen though. Might be in 5 years, maybe less, maybe more but it's in the works. So make the most of these next few years people!
I myself am getting a little bit anxious because I'll be moving to china in November to start a new chapter of my life. I don't know how that'll affect my trading but I hope it doesn't, at least for a year or so.
They will regulate the market, create regulatory entities that will, for a fee, license a company to be able to trade cryptos. For you to trade cryptos, that company will ask for all your personal info and you will be taxed on any gains. Your trades will be susceptible of overview from said regulatory entities/government.
The companies that will have a trading license for cryptos will probably be Banks, which will give them a lot of control of when people can cash out.
I have no idea when this is going to happen though. Might be in 5 years, maybe less, maybe more but it's in the works. So make the most of these next few years people!
I myself am getting a little bit anxious because I'll be moving to china in November to start a new chapter of my life. I don't know how that'll affect my trading but I hope it doesn't, at least for a year or so.
So as we wait for the market to correct. How about talking about tools.
What do you all use to see your portfolios? Im currently using: cryptocoincount.com. Its easy to look at, allows you to see your portfolio balance in dollars instead of BTC (as well as other currencies) and has a feature where you can add your "Watched" coins to keep track of coins you may want to keep an eye on or eventually invest in on a dip or something.
And what do you all use to see daily market caps/volume/coin values? I use: coinmarketcap.com/ but Im wondering if theres anything better or an alternative.
What do you all use to see your portfolios? Im currently using: cryptocoincount.com. Its easy to look at, allows you to see your portfolio balance in dollars instead of BTC (as well as other currencies) and has a feature where you can add your "Watched" coins to keep track of coins you may want to keep an eye on or eventually invest in on a dip or something.
And what do you all use to see daily market caps/volume/coin values? I use: coinmarketcap.com/ but Im wondering if theres anything better or an alternative.
gaming_noob
Member
https://blog.ark.io/ark-desktop-wal...for-ledger-hardware-wallet-users-518b11fb2806
Ark wallet update that supports Ledger. If I don't plan to use Ledger can I skip the update?
Ark wallet update that supports Ledger. If I don't plan to use Ledger can I skip the update?
criesofthepast
Member
csquared587
Member
Damn delayed pc release. Looks like another rough night, wonder what I will wake up to lol.
Peterthumpa
Member
So, I'm planning to buy $1000, 400 Ethereum, 350 Bitcoin and 250 Litecoin, just to diversify a little. I'm basing this ratio using the trend in prices during the last year. Comments?
Is Coinbase a good choice for a wallet and to handle all my crypto currency operations?
Is Coinbase a good choice for a wallet and to handle all my crypto currency operations?
SonicXtreme
Member
yea but use gdax why not the majority in bitcoin tho?
Peterthumpa
Member
Because diversification. Not a lot of money so why not. Litecoin for example is up almost 50% in the last 30 days.
Now, a question. By checking here:
https://coinmarketcap.com/gainers-losers/
If you go to the %7d filter, you get Scorecoin with a 635% of increase. Does it really mean that someone who bought 1000 dollars of this thing a week ago could now sell for 6300?
Going by the 1d charts, this is the fastest eth has ever gone from overbought to oversold on the 1d rsi. Historically, eth has always bounced up significantly a few days after hitting oversold on the 1d charts. I think that should repeat by next weekend. Unfortunately, I think this also may mark a return to a bear market, so further downward movement is likely after that bounce. I hope I'm wrong about that.
m_shortpants
Member
Holy fuck BNB got destroyed.
I've been holding BTC since early 2014, if I learned anything it's to already HODL
I've been holding BTC since early 2014, if I learned anything it's to already HODL
SonicXtreme
Member
nah i'm not dogging on diversifying, but you said you did some calculations, i'm just honestly curious why more ETH than bit, since bit is so huge it kinda seems like the safest to go heaviest on is all, so just wondering if might wanna share about the trends you went off just for some insight
Peterthumpa
Member
Nah, not really. Just a personal feeling.
Aquavelvaman
Banned
Wow markets go up and down
Verge is just being awesome.when btc stabilizes
damn, what is verge doing?
Hopefully it will drop down a bit so I can buy back what I just sold.
The BTCUSD chart just completed a clear double bottom so keep your finger's crossed.
https://www.imgur.com/s4baSuT
p.s. apologies for not knowing how to link an image, if anyone can point me int he right direction I'd appreciate it.
UPDATE: BTC has been climbing for 90 minutes now
https://www.imgur.com/s4baSuT
p.s. apologies for not knowing how to link an image, if anyone can point me int he right direction I'd appreciate it.
UPDATE: BTC has been climbing for 90 minutes now
http://www.gov.cn/xinwen/2017-09/05/content_5222688.htm?from=groupmessage&isappinstalled=0
Sounds promising machine translated at least
Sounds promising machine translated at least
TheLostBigBoss
Banned
Red Pulse RPX Sale Postponement
ALIS cancels ICO too
This stuff is just getting out into the open, NEO about to get whacked again.
ALIS cancels ICO too
This stuff is just getting out into the open, NEO about to get whacked again.
To confirm BTCUSD completed it's double bottom and has been creeping up for a few hours now, finger's crossed it stays that way.
Siacoin, Litecoin and Ripple are all about the complete double bottoms too.
Some green starting to appear in the top 100 now, some coins doing well too, NEO surprisingly, OMG and Verge too.
Siacoin, Litecoin and Ripple are all about the complete double bottoms too.
Some green starting to appear in the top 100 now, some coins doing well too, NEO surprisingly, OMG and Verge too.
TheLostBigBoss
Banned
NEO is holding up shockingly well, maybe the postpone/cancel was basically priced in the last drop
Is Tron not being listed anymore? I've only got a minuscule amount, so I'd rather hold onto it and see what happens.
The situation is a bit unclear, but unless you opt out you will refunded in ETH or BTC. Allcoin already force refunded all tokens, including those bought with QTUM even though that is down by 50+% since ICO. People who bought directly from Tron Labs can apparently also get a refund on 9/9.
Because opting out requires the user to email the exchange, it's clear that the overwhelming majority of tokens will be refunded, at least those not bought directly from Tron Labs. I would strongly recommend against keeping tokens unless you really want to gamble and it's a very small amount. It's unclear if, when and where TRON will be listed for trading.
criesofthepast
Member
Lets go boys! Make some money today!
I would if IOTA would stop being manipulated to hell..
CaptainZombie
Member
Reports from last month were saying that BAT will get hot this month with their Mercury update.
criesofthepast
Member
Welcome to Crypto! It is all manipulated to hell! 99% of people in crypto do not see it as currency, they do not "believe" what it stands for, just something to make money (FIAT) off of. That is the truth. A small % of whales run shit and you just have to get lucky and find the right time to grab onto the whales and ride with them on the up and hopefully jump the fuck off before they swallow you down.
CaptainZombie
Member
If you are fans of OMG, there is a rumored Golem (GNT) partnership coming in the next few days. Golem is going for $ .34 so if you have a few extra funds might be worth putting on there to see where it goes.
Oh yeah i know the whole market is manipulated but i'm talking about $100.000.000 sell walls for a coin that costs 50 cents.
Hmm, will look into it. Thanks!
Yeah sounds like it. If it ends up hitting $1.00 then I'd say it's a long term hold given that the tech behind it sounds pretty solid.
TheLostBigBoss
Banned
Was reading around, everything I've read (which is mainly from the OMG reddit) is that they are going to be in the same building, but the development isn't actually going to be intersecting, and it will more of brainstorming with stuff like marketing and such.
We'll find out on the 7th though!
CaptainZombie
Member
Thanks for the info.
Kind of tough because there are several coins/projects promising things happening in September.
Vertcoin (VTC) holds strong, i'm very satisfied. My coin to go right now as it has good dev support since years. I know it may be a long sleeper, but it will be bigger later on. I think i will add myself more and more coins over a period of time, will hold this strong now and won't look into graphs for the coming months until dec, where the coin rewards will get halved, which will give it another boost. As GPU mining becomes bigger, VTC will shine. Nice time to jump in.
No try from me shilling a coin obviously, but this dev team definitely deserves some recognition.
No try from me shilling a coin obviously, but this dev team definitely deserves some recognition.
Was reading up on GNT, seems interesting in and of itself, partnership or not.
TheLostBigBoss
Banned
Moved a sizable portion of my ARK holding (less than half) into BAT. It's always been a stable coin, and it's still cheap compared to the dip it had.
EXACTLY WHAT A DISCUSTING SHILL WOULD SAY
you dont have to worry about being marked a shill unless you start heavily pimping this rando unknown coin repeatedly