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3201  Bitcoin / Bitcoin Discussion / Re: Should Congress Create a Crypto-Cop? on: March 10, 2018, 04:03:26 PM
There's no reason to create a crypto-cop in the least, that would just be a ton of government waste for what? For something that the SEC can do with one of their minor departments. Maybe the SEC will need some more funding, but it's nothing close to what a whole new department would cost for crypto -- but it wouldn't even be cost effective.

Kinda a waste and more government isn't needed for fixing this crypto 'problem'
3202  Bitcoin / Bitcoin Discussion / Re: 725 Percent More Domains Now Running Crypto Mining Scripts on: March 10, 2018, 03:37:18 PM
Wouldn't even be surprised, which is sad. It's an easy way for people to make some quick cash if they'd like, and I doubt it takes up enough resources for people to even come to notice it. This'll go away soon when browsers stop it / AV notices what's happening.

This does give us a bad name though.
3203  Economy / Trading Discussion / Re: What is your most reliable crypto source? on: March 10, 2018, 02:43:27 PM
Myself. Everyone else in this whole news industry is garbage, you have to go through massive amounts of news in order to find the real stuff. You're going to have to vet any sort of claim that a news source makes, plus check their sources and studies and so on and so forth. You can't trust anyone with news these days, they're all corrupted for cash.

Do your own research into EVERYTHING.
3204  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be fine on: March 10, 2018, 02:08:31 PM
That's right guys, but your tulips now.

Comparing Bitcoin to tulips really isn't even fair, nor does it make any sense in the least. Tulips, when they were bought and sold LITERALLY, have no value at all. It's just simple, they didn't do anything for people but have an avenue for people to buy and sell them. That's it. Bitcoin isn't like that, Bitcoin is a currency which does have a purpose -- it isn't like everyone involved in Bitcoin is here to trade, and even if some are it's not ALL OF US. We also have currency traders and commodity traders, does that mean that the USD and gold are tulips cause they have traders?

Gosh, I don't get people.
3205  Bitcoin / Bitcoin Discussion / Re: While you are panicking.... on: March 10, 2018, 06:07:06 AM
It's like always when the price starts falling people start freaking out and selling and then we see the biggest account holders buying more and more bitcoin. You can't be wrong on the fact that through every one of these crashes the rich seem to be getting richer and the regulars aren't getting anything. I think it's time to turn the tables on that, HODL and sell when you've made enough for yourself. Don't run away at FUD, bs news, etc.

All of this FUD is scary, but you have to verify their sources and ensure that they're not trying to trick you into doing something with your money.
3206  Bitcoin / Bitcoin Discussion / Re: All bitcoin private keys listed. But it's just for fun. on: March 10, 2018, 05:58:19 AM
Page 1 of 3618502788666131106986593281521497120401173883721090761956411348172442546698 DAM. Well I guess that really shows that the chance of actually cracking a key is insaely low and even with all of the addresses and their private keys you're going to get nothing. Is this real though? Don't know how this would work if it is.

Explain if ya have the time, that's be appreciated!
3207  Bitcoin / Bitcoin Discussion / Re: First Try At Analyzing BTC - Bear Market on: March 10, 2018, 04:52:10 AM
Well if you're going to join the train of advisors, charters, etc. you're going to have to join a tradition where you literally just say the market is going down when it's going down, and then say it's going up when it's going up. Not really much of a job, nor a purpose to this if you ask me.

You should spend your time doing something with a purpose, something that will at least make you some good cash in the long run!
3208  Economy / Speculation / Re: Saving for your Children Bitcoin vs Cash? on: March 10, 2018, 04:34:46 AM
If I really wanted my kids to have something which I think is going to be worthwhile for them to have as savings, I'd rather put their money in a stock market-based vanguard fund. I don't think it's fair to take a kids money and throw it into this experiment of Bitcoin, it's just too risky and not acceptable to do as a parent. And while I do support Crypto, I don't think it's a trusted option when it comes to trading -- because if we were to put crypto in the risk scale with the stock market crypto would LITERALLY be penny stocks.

Put it in stocks, gosh yall.

3209  Bitcoin / Bitcoin Discussion / Re: CryptoCurrency Investing Tips on: March 09, 2018, 10:51:20 PM


This said we need to note that cryptocurrencies are not a normal investment. The volatility grossly exceeds that of any other investment class. It is to some parts unregulated. There is the risk that cryptocurrencies get outlawed, that exchanges get hacked or that you lose your cryptocurrency key. Cryptocurrencies are a high-risk investment.
So an important advice is to only invest as much that you can keep on living and be if all of it goes to zero.

 

Yeah this is a big thing which you're going to have to remember, when you're investing into Crypto it's like you're investing into penny stocks in the normal stock market. Think of all of your money as lost once you put it into crypto, and if you can live with that then you're good with crypto investing and you're the type for it

It's a matter of how much risk you can withstand, once you know that then you're good for crypto.
3210  Economy / Trading Discussion / Re: Do you know about trailing stop software for cryptocurrencies? on: March 09, 2018, 09:03:28 PM
I'm not really into trailing stops and all the technical stuff, but I do know that Bitfinex does have a trailing stop order if you'd go ahead and trade with them. Kraken had this feature, but they don't have it any longer.

If ya want to see more (and if there is more) check this out - https://bitcoin.stackexchange.com/questions/54103/which-cryptocurrency-exchange-provides-a-trailing-stop-limit-orders

I would think that tradingview (charting site) would have to have this, maybe not for free though.
3211  Economy / Speculation / Re: Why is the Bitcoin Market Crashing? on: March 09, 2018, 08:52:55 PM
Cyclical market, we go up and then we go down and continue to follow this path. Some news stories do, of course, change the pace of the market but I wouldn't say that they're always the main reason behind everything. People like to think that one event caused something else, that's just something we like to have as people -- though it's not always possible when it comes to a market trading environment at all.

We'll continue to do what stock markets have done for generations, up and down folks.
3212  Bitcoin / Bitcoin Discussion / Re: Why can't amazon just buy all the bitcoins? on: March 08, 2018, 03:59:10 PM
Because if they wanted to do this it would make bitcoin useless and kill any value, it would also take them massive amounts of money to buy it as well -- it would do nothing and serve no purpose. Because if one person owned everything then it's useless and serves literally no purpose.

So it'd cost them a ton and it would do nothing.

3213  Bitcoin / Bitcoin Discussion / Re: Mt Gox CRASHES Bitcoin and Cryptocurrency Market! ($500m Selloff) on: March 07, 2018, 08:42:43 PM
Mt Gox has been selling for a pretty long time, I think this was just a mass selloff and something like that is going to freak the market out. I wouldn't know why they're selling now instead of selling at 20k but I guess they'll do what they'll do.

I would think that a ton of insiders had this information too, which probably led to a bigger selloff anyway. This market is fucked, like every market.
3214  Bitcoin / Bitcoin Discussion / Re: CNBC: Be “prepared to lose everything” in Cryptos on: February 27, 2018, 05:41:31 AM
Regardless of who's saying it, when you're invested in something which is as volatile as crypto you should without a doubt be prepared to lose anything at any moment. This is why when people get invested into Crypto they say that you should already think of that money as lost and you should ensure that you can live without it, so once your in MAKE SURE YOU CAN LIVE WITHOUT THE CASH -- dont buy on margin, dont buy on ur credit card, etc.

I'm prepared to lose it all, are you?
3215  Economy / Trading Discussion / Re: Will the Bull Market Return in 2018? What's Your Prediction? on: February 27, 2018, 05:17:52 AM
Your guess is as good as mine, no one knows what's going on in Crypto and of course, that's just how it's going to be. Like any other market, crypto is volatile (on a more mass scale then traditional markets) and unpredicatable; the market could go up one day and then go down the next, with little to no reasoning behind it.

This is one of the reasons I hate these sorts of threads, because there is nothing of any substance in them. People are either shilling or FUDing coins that they own or hate.

WHO KNOWS.
3216  Economy / Trading Discussion / Circle (Goldman Sachs Backed) buys Polniex on: February 27, 2018, 05:01:45 AM
Circle (now owned by Goldman Sachs) is buying out Poloniex, do you think they're finally going to push back into the crypto game and try to make some real money again? I'd think that circle has pretty much been doing nothing since they stopped selling crypto and left all of the business to Coinbase.

I think with the backing of a large company like Sachs, they're bound to do well if proper management and guidance is given (which of course should happen under them)

Here's the link - https://www.bloomberg.com/news/articles/2018-02-26/goldman-backed-circle-buys-digital-exchange-poloniex
3217  Bitcoin / Bitcoin Discussion / Re: The richest people in the Cryptocurrency (According to Forbes magazine). on: February 27, 2018, 04:06:56 AM
While I do think these people are rich and all, I think if they were to sell they'd loss mass amounts of their fortunes because there's no chance that these people could liquidate that number of coins (and with their names) and not have the market crash due to them selling. Because we know that once they sell, the price is going to crash or some news is going to come which gives reason for a crash to come in.

These cryptos arent as liquid as stocks when it comes to big name selling - NOT AT ALL.
3218  Bitcoin / Bitcoin Discussion / Re: How do people / companies inflate the fees on bitcoin? on: February 27, 2018, 01:29:50 AM
It is often done to get bigger profits, and it should not be done, companies should provide cheaper transaction costs to less burden users of cryptocurrency currency.

I'm not talking about when companies (like binance) charging fees on withdrawals, I'm talking about when the bitcoin transaction fees skyrocket. This is when everyone is forced to pay the TX fees due to someone inflating them, spamming the network, etc. If that wasn't clear sorry, though I did think it was pretty clear from the start.

Let me know folks, still very curious!
3219  Bitcoin / Bitcoin Discussion / How do people / companies inflate the fees on bitcoin? on: February 27, 2018, 12:18:32 AM
I see it all the time on here and I've done it myself, blaming people/companies for making the fees on bitcoin insanely high intentionally. I want to know how they go about doing this, is it spamming the network with low-cost transactions, is it owning exchanges and then not batching transactions.

Very curious on how this works and how it's allowed to continue by the miners (maybe the miners allow it to make more cash)

Let me know
3220  Bitcoin / Bitcoin Discussion / Re: Blowback (rant against the haters) on: February 26, 2018, 08:06:03 PM
I mean there's always going to be people that are jealous of others, crypto is just like any sort of investment and you're going to receive hate (more so online) due to it. It happens, though it's something that you should ignore and take lightly.

People wish they were able to see the growth of the bitcoin market and take it out on people who actually did, not surprising in the least. I hope you just ignore the haters and continue doing what you're doing. Grats for making a good chunk of change!
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