Official Bitcoin Thread

[SupremeBeing5]

The everyday Chinese citizen may not be able to afford BTC, ETH, LTC but Tron?

 

[finessesosa]

Man, some of yall how many positions yall dudes got. Yall dumping $30 in each of the 100's of different coins?

 

[Senoj]

Man, some of yall how many positions yall dudes got. Yall dumping $30 in each of the 100's of different coins?

I mean, you could do that but it would be hard to keep track of since all those coins wouldn't be on the same exchange. I have about 10-12 coins im invested in. Most of my money being in BTC and ETH. Then the other 60% or so in different alt coins. Only 2 of the coins i put money in are risky bets and only because they're $.01 or under. The rest are pretty safe with projects that I know will have some type of real life usage and a solid team behind it.

For example one of my safe altcoin investments is Vechain. While one of my risky bets is Electra. I know I will make decent money with Vechain (I already have taken some nice profits) because of the partnerships they are acquiring and due to the fact that the roadmap is on track.

Electra is one of my risky bets but becsuse it is less than a penny it's still very low risk but high reward. I have doubled my investment as of today but if it ever gets listed on binance and pulls a bytecoin which I highly doubt it will but who knows, I would have a few hundred thousand in profit.

All in all just DYOR, accumulate a small but solid portfolio, get a tracker, set alerts, and never ever invest what you can't afford to lose. If the government decided to shut all this **** down I would be pissed but not in any type of debt because I work these purchases into my budget. Most of the time when I take profits I calculate what taxes I owe and put that to the side, take out 25% for myself and reinvest the rest.

 

[sharpshooter718]

Alright so the past few months has been good for us long hodl'ers and detrimental in getting new people on board... that's fine with me...

Google, Facebook, twitter, etc have been on the negative spree with bitcoin and cryptocurrencies in general even though adoption is coming along and more big investors are gearing up for the future.

But main st is back to bashing bitcoin hard.. just reading msm news and doing surface searches gets you no where.

So I see the big bull run coming and a lot of people are gonna miss out on this opportunity to get rich...

The signs on the surface say crypto is trash and will fall to zero overnight but the real agenda can be seen when we watch Goldman Sachs picking up bitcoin options, nasdaq creating their own platform for trading , etc.

So , keep buying, keep stacking and let's all go into 2019 with 100s of thousands we never had b4...

 

[wr]

Stellar ico's are easy to get on

 

[coolcool]

Man, some of yall how many positions yall dudes got. Yall dumping $30 in each of the 100's of different coins?

I feel like this is the strategy. there's too many so gotta get lucky it feels like.

got a question, will crypto ultimately replace paper currency? is that like a target? how practical is it for day to day spending when transactions take hours and only getting longer as more transactions are being made? just speaking from basic bitcoin transactions i've done.

 

[johnnyredstorm]

I have 9 positions will prob add a few more before the years over.

 

[coolcool]

I have 9 positions will prob add a few more before the years over.

sup. can you hook me up with your crypto portfolio? i'll just tail you since you sound like you know what's up haha pm is fine!

 

[D Double]

I feel like this is the strategy. there's too many so gotta get lucky it feels like.

got a question, will crypto ultimately replace paper currency? is that like a target? how practical is it for day to day spending when transactions take hours and only getting longer as more transactions are being made? just speaking from basic bitcoin transactions i've done.

Cryptos come in so many flavours these days. Infrastructure, supply chain, protocols, IOT, file storage, cloud compute etc. so not all of them have a target of replacing fiat currency.
For the ones that are just currencies, I can't see them replacing government issued currency in most lands but I can see them being integrated in daily living due to the pros of being decentralised.

I think cards like this will be the future. Having crypto and fiat money all one one card.

 

[johnnyredstorm]

sup. can you hook me up with your crypto portfolio? i'll just tail you since you sound like you know what's up haha pm is fine!

I don’t recommend following anyone blindly into crypto, especially me I’m doing ok but just do some research and learn the game.

 

[D Double]

 

[Grine]

So many coins are coming out

Technology always advancing so quickly.

 

[D Double]

It's ridiculous.

I've got a spreadsheet to track all this down and every time I think it's shrinking stuff just pops out the blue.

 

[nyk110283]

Yall think the support is there for this to be the bottom for BTC right now or guessing it goes down further?

 

[fac3 tak30v312]

Gotta find out who's flooding the market. It's weird if E-Coin is based on scarcity, then the more retailers means the less coins available.. kind of like diamonds .. without say a De beers controlling the market reservoir.
So, it's like who currently has the strongest position on E-Coin or where can i find out this information

 

[D Double]

Yall think the support is there for this to be the bottom for BTC right now or guessing it goes down further?

Apparently this happens all the time before the Consensus conference.

Saw this on Telegram:

BTC Dump Because of

1. Korea-Exchange Upbit FUD
2. CME gap at 8550.
3. Whales accumulation closer to "Consensus investors explosion" expected in a few days (14-16 may)
4. Mt.Gox 8,200 BTC moved from his wallet. Possible sell-of affect BTC price.

Our Recomendation : Don't sell now because btc will recover soon or later. Alts will follow it Green market is coming after correction end.

Edit:

 

[johnnyredstorm]

That discord has produced some awesome alert. Called lun before the $12 ramp. Wish I took a position. Love that coin as a mover. Super low float, flies every time it catches volume.

 

[NASA 2.0]

A guy loss his entire Binance account worth about $15k down to approx $160
Bought in on BCN at ATH only to drop to where it is now.

He sent me all of his BCN and ledt crypto. Notnsure for good but it sucks.

I feel bad for him man.
Let this be a lesson learned for all of us. Do not buy at all time high unless your willing to lose it all or set a really tight stop loss. Do notnchase pumps unless its play money.

I loss $370 on bcn. Im glad i managed to recoup the majority loss by not buying at the very high and got lucky with the binance deposit and sold before all deposits were stopped. Now holding a heavy bag of it at 100 sat.

 

[fapmasterjr]

Always. Always. DYOR. Calls are not the end all be all. Be safe out there. If ur not well experienced in crypto, stick to the most basic/stable one. If ur a risk taker then venture out...but DO NOT, blame the game.

 

[degenerate423]

Full article: https://www.bloomberg.com/news/arti...althy-are-said-to-hoard-10-billion-of-bitcoin

 

[johnnyredstorm]

Always. Always. DYOR. Calls are not the end all be all. Be safe out there. If ur not well experienced in crypto, stick to the most basic/stable one. If ur a risk taker then venture out...but DO NOT, blame the game.

Agreed, gotta study and know where you’re putting your money. Can’t be buying pumps at ath’s.

 

[D Double]

Speaking of locking up your coins.

Anyone invested in cryptosteel. I'm seriously considering getting one.

 

[fapmasterjr]

Speaking of locking up your coins.

Anyone invested in cryptosteel. I'm seriously considering getting one.

Yes. One of my first crypto security related purchases.

 

[Chopper]

at some chat making calls. Y’all dudes doing pump n dumps now and don’t want to call a spade a spade.

Cannot be serious.

 

[tay1]

at some chat making calls. Y’all dudes doing pump n dumps now and don’t want to call a spade a spade.

Cannot be serious.

I thought it was obvious