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Crypto currency

kl1234 said:
Just read an article... bitcoin co founder dumped all his bitcoin- for bitcoin cash. Seems like a bit of sensationalism, but wondering what some of you guys thought about it?
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I’ve seen this, it’s a touch misleading as it’s the co founder of bitcoin.com rather than ‘bitcoin’. Every ‘expert’ has a view and almost no two are alike so duck only knows what’s coming.....
 
Ah- I just re read... noticed the .com this time around. I’m not too worried about the money I have invested in bitcoin. But thought it was interesting that he said the format was “unusable”.
 
kl1234 said:
Ah- I just re read... noticed the .com this time around. I’m not too worried about the money I have invested in bitcoin. But thought it was interesting that he said the format was “unusable”.
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The fees are pretty ludicrous but should hopefully be fixed soon. But I don’t see the worlds original crypto currency ever going away.
 
Yeah and people have lost their goddamn minds as soon as it was announced. BTC dropped from $17900 to $13900 in less than 10 minutes. I'm watching GDAX and it can't even keep up. Now it is back up to $17,400. I would not touch BCH with a 10 foot pole right now. 34% increase on a coin that was around $1700 will never hold.

Just wait until XRP is announced. I am going to try and put a few thousand in as soon as it's announced and watch that sucker fly, then dump it all.

Oh, and of course Coinbase went offline as soon as everyone went trading. I tell you what, if you ever plan to trade on there, you better do it outside of any announcement because your money is ****ed.
 
It's making me crazy for not showing my ETH in my wallet, even though the blockchain shows it in my Kraken wallet. Lol
 
Um, BCH jumped from $2875 to $9500 in 2 min 19 sec. Should I get some? lol

Twitter is on fire and crushing Coinbase right now. They are manipulating the market seems to be the consensus by leaking the BCH offering and then keeping it shut down for a period before opening it up. On every other exchange BCH is showing $3400 - $3600 and GDAX is showing it stuck at $9500 but you can't buy or sell. So even if you got in, you can't withdraw.

That is pretty damn messed up.
 
So it went from a giant buy wall at $3,100 to a giant sell wall at $8,500? I think Coinbase employees are securing their retirements right now. Lol
 
Nope, it's not real. The market is supporting ~$3400, which is still a pump and clearly a manipulation IMO. **** BCH, I never trusted anything they said and now this fake crap makes it even more so. Also, I will never buy another thing from Coinbase.

There is no way anyone is getting $8500 per BCH

On the plus side, we got the crash everyone thought would happen out of the way in about an hour. As soon as the dust settles, BTC will be back up and we'll cross $20k by end of the year....or not. LOL!
 
Yeah I'm pretty sure Coinbase is losing quite a few customers because of this lol, it's a shame that it won't effect them in any way though.
 
I want to invest in crypto currencies, but I'm fairly new and would like to learn more. Anyone have info to share, would be appreciated!
 
rascal14 said:
Yeah I'm pretty sure Coinbase is losing quite a few customers because of this lol, it's a shame that it won't effect them in any way though.
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Now they are investigating insider trading. Everyone knows something is up. This has sat in the mid $1ks for a long while now and then hours before Coinbase makes an announcement it coincidentally jumps to $3k. Yea, I don't think so.

Now everyone who made trades on Coinbase during this fiasco has their trades frozen. Those are the people that should be pissed, especially the ones that got caught in the price increase. On Reddit tons of people got caught buying at $5k+ and then couldn't sell.
 
kisaj said:
Now they are investigating insider trading. Everyone knows something is up. This has sat in the mid $1ks for a long while now and then hours before Coinbase makes an announcement it coincidentally jumps to $3k. Yea, I don't think so.

Now everyone who made trades on Coinbase during this fiasco has their trades frozen. Those are the people that should be pissed, especially the ones that got caught in the price increase. On Reddit tons of people got caught buying at $5k+ and then couldn't sell.
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Who is investigating them? I only saw one thing that said the FCC ruled that crypto is not subject to insider trading rules as it’s a currency, but that could be way off.

It looks like Gemini may be the next option for people to get into crypto starting with fiat.
 
NETE up 309%, just add crypto or blockchain to your company website and watch it fly lol. Waiting for the next huge crypto company to emerge, Bitcoin Pusssy Wagon.
 
Side note - Kraken support responded to my support ticket and credited my account with the missing ETH. That was a LOT easier than I thought.

Not to get some XRP and move everything else away from Kraken lol
 
rascal14 said:
Who is investigating them? I only saw one thing that said the FCC ruled that crypto is not subject to insider trading rules as it’s a currency, but that could be way off.

It looks like Gemini may be the next option for people to get into crypto starting with fiat.
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One of the few links around the net regarding this matter.

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Seems it's just internal investigation.
 
kl1234 said:
I saw that as well. Could be for PR. Or, he knows something and is running with his money.
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I don't think he is expecting a huge drop, but I read someone who believes they saw what was likely him on GDAX selling off millions of dollars worth of LTC. No one will ever really know if what he says for his reasoning is true or not, but he will definitely continue to make a ton of money off of crypto even without holding any LTC.
 
rascal14 said:
I don't think he is expecting a huge drop, but I read someone who believes they saw what was likely him on GDAX selling off millions of dollars worth of LTC. No one will ever really know if what he says for his reasoning is true or not, but he will definitely continue to make a ton of money off of crypto even without holding any LTC.
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Oh absolutely... I’m sure he is no dummy.
 
All this crypto buzz is exciting. Even if we all don’t become millionaires off of it- it will be a fun ride.
 
JulzRulz said:
Also, did you read about Charlie Lee selling ALL his LTC?
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I saw this and thought he was saying it was because of a conflict of interest with his other role? Said he didn’t want people thinking he was trying to make money when he released good or bad Ltc news (apparently he’s been accused before).

He also said he’s know so minted he doesn’t need it anyway lol
 
I don't believe he had any involvement, but I also believe that he did a media blitz knowing he was going to sell.

On another topic- all BCH transactions are currently stopped because they are under a "heavy" DDOS. Unreal. I feel like BCH is so bush league. Exodus has stopped any exchanges to protect their customers. I just got an email and their status shows the same.
 
Where or what wallet are you guys using to store your XRP? I’m assuming you’re not leaving it on the exchange
 
cubsfan815 said:
I've been using Toast wallet
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Yeah I have toast but I don’t like the fees that will be charged if a transaction fails (sending or receiving) on their part if the app closes or any other reason.

Idk, looking at other options lol
 
Hang on, what math are you using? On the 16th you stated that you started with $3k and made $20k and now that the price is down 21% since that date you are saying that your investment went up and so did your profits? And don't say mining- because you don't increase profit when the coin you are talking about has lost value.
 
kisaj said:
Hang on, what math are you using? On the 16th you stated that you started with $3k and made $20k and now that the price is down 21% since that date you are saying that your investment went up and so did your profits? And don't say mining- because you don't increase profit when the coin you are talking about has lost value.
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Awwwww kisaj what did you have to go and do that for. This is the internet the one place where we can be as rich as we want to drive whatever kind of car we want to and lift as much weight as we want to. Now you had to go and ruin it.
 
Also, how are you retiring on $25k? I mean I believe in crypto currencies but not enough to risk my future on only $25k right now.. unless I’m missing something?
 
I think he just meant he wasn't going to work anymore, just trade and mine crypto.

And I wasn't trying to give ****, I am just looking for clarification because it doesn't add up.
 
kisaj said:
I think he just meant he wasn't going to work anymore, just trade and mine crypto.

And I wasn't trying to give ****, I am just looking for clarification because it doesn't add up.
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That makes more sense, I took it as he has made so much already and now he can retire. Maybe he added in more money at some point.
 
Thoughts on this? Invalid Link Removed

I was looking for a project that utilizes crypto in the construction management industry and couldn't find anything, but came across this ICO and looks interesting. I may get in on it as it seems cool, but I'm not the smartest about crypto in general. Lol they do say they will refund all ICO money if they don't continue with the project.
 
BTC is crashing hard. Good read on zerohedge on how it is slow and high in transaction fees, basically worthless. And a top google search is how to buy bitcoin with your credit card. I hope people aren't really buying BTC with credit.
 
BTC is INSANELY slow and expensive. I was reminded of that in the last few days when I was doing some exchanges to diversify my BTC holdings and I was getting charged $45+ to move $1k chunks and it would sit unconfirmed for 10-12 hours because I didn't choose the high fee option which would have placed it on the chain by the miners faster, but for $127. Um, excuse me, you are going to charge me 10% just to move my own money??? All other coins are ~.25% and it is nearly instant that the money is moved.

On a side note, I really wish I had more money to buy now. This is a fire sale. BTC literally just hit $9700 on BTC and now in 3 min just jumped to $12800. Everyone buying now is going to love life in a couple months.
 
Agreed. I went through the same thing last night just purchasing more btc. They are going to have to figure out a better way to keep us interested- as other cryptos are growing.
 
Holy Chet :saeek:

@CNBCnow
7m7 minutes ago
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BREAKING: Coinbase, one of the biggest bitcoin marketplaces, says buying and selling temporarily disabled amid price rout
 
I've gone in heavy on Dash, I now have 9 of them. This is a good article on what's going on and as people complain about speed, transaction costs, mining pay structure, and accessibility to the general public- Dash covers them all. There are a couple of places in downtown Denver that have Dash accepted here stickers on their doors in the last month- indicating that they are taking the Dash debit card as payment. I'm betting 2018 could be good to them.
 
I can even sell off some of my LTC to put it into BTC because Coinbase deactivated buying/selling.

*facepalm*
 
Shows how much Coinbase dicks can manipulate the market. They freeze withdrawal, selling, and buying and it increases $1500 and settles a bit in the 13s.
 
No kidding. I wanted to buy in at $12k but couldn’t sell any of my ETH or LTC (at least on Coinbase). Idiots.
 
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