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NFT: Bitcoin - what is happening?

ij_reilly : 12/7/2017 11:27 am
Over $18,000 now.

This is insane.

I'm holding 1.5 Bitcoin, I guess I keep holding.
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i'm not interesting in investing at this time  
UConn4523 : 12/14/2017 3:59 pm : link
but would it make sense to go through the approval process now for when the time does come? Seems like that's the biggest pain in the ass. Is there a cost to open an account?
RE: i'm not interesting in investing at this time  
BigBlue4You09 : 12/14/2017 4:20 pm : link
In comment 13740805 UConn4523 said:
Quote:
but would it make sense to go through the approval process now for when the time does come? Seems like that's the biggest pain in the ass. Is there a cost to open an account?


No it's free. Each is a little different with their process but the most secure ones require a passport/license picture, and a selfie holding your ID and handwritten note. It's pretty easy and some verify much quicker than others. Can't hurt to start now and at least learn more in the process.
Crazy day for Ripple  
BigBlue4You09 : 12/14/2017 7:07 pm : link
Passed Bitcoin Cash for the 3rd largest market cap of digital currencies
Oh boy!  
Giants in 07 : 12/15/2017 10:58 am : link
Could be another good weekend. Charts look good!

People finally getting verified on Coinbase after a week long wait + price rising = FOMO
RE: Oh boy!  
BigBlue4You09 : 12/15/2017 11:04 am : link
In comment 13741627 Giants in 07 said:
Quote:
Could be another good weekend. Charts look good!

People finally getting verified on Coinbase after a week long wait + price rising = FOMO


Can’t decide if I should buy more LTC, hmm
Bitcoin on its way to $19K  
BigBlue4You09 : 12/16/2017 10:56 am : link
...
RE: Bitcoin on its way to $19K  
DennyInDenville : 12/17/2017 12:36 am : link
In comment 13742655 BigBlue4You09 said:
Quote:
...

Li
RE: Bitcoin on its way to $19K  
DennyInDenville : 12/17/2017 12:37 am : link
In comment 13742655 BigBlue4You09 said:
Quote:
...

Litecoin starting to surge back up

Bitcoin looking strong as well closing in on 20k
Ripple is in a good spot  
widmerseyebrow : 12/17/2017 12:42 am : link
Leveled out around $0.75 and they are going to announce partnerships with two major "household" brands that are NOT banks. Could be expanding into e-commerce.
Ethereum and Litecoin are on fire.  
BigBlue4You09 : 12/18/2017 9:58 pm : link
I’ve gone in on some altcoims that will hopefully take off soon. Doing a ton of research and following some key people on Twitter has already paid dividends. Lots of fun so far and making some good money sure doesn’t hurt either.
.  
steve in ky : 12/18/2017 10:01 pm : link
I don’t tell people to buy coins  
Giants in 07 : 12/18/2017 10:09 pm : link
But do some research on Quantstamp (QSP) if you are invested in Ethereum. It’s a security audit protocol designed to find vulnerabilities in Ethereum smart contracts. Promising team and a necessary niche.

It’s on Binance @ .19 right now.
RE: I don’t tell people to buy coins  
BigBlue4You09 : 12/18/2017 10:55 pm : link
In comment 13746919 Giants in 07 said:
Quote:
But do some research on Quantstamp (QSP) if you are invested in Ethereum. It’s a security audit protocol designed to find vulnerabilities in Ethereum smart contracts. Promising team and a necessary niche.

It’s on Binance @ .19 right now.


Thanks will take a look. Big fan of NEO and ADA right now.
RE: RE: I don’t tell people to buy coins  
Giants in 07 : 12/18/2017 11:06 pm : link
In comment 13746935 BigBlue4You09 said:
Quote:
In comment 13746919 Giants in 07 said:


Quote:


But do some research on Quantstamp (QSP) if you are invested in Ethereum. It’s a security audit protocol designed to find vulnerabilities in Ethereum smart contracts. Promising team and a necessary niche.

It’s on Binance @ .19 right now.



Thanks will take a look. Big fan of NEO and ADA right now.


Yeah, solid fan of both projects, especially Neo. I got in right after the ICO. Don’t currently have any ADA though.

It’s been rumored that QSP will work with both as well!
Coinbase just added Bitcoin Cash  
BigBlue4You09 : 12/19/2017 7:10 pm : link
.
Hopefully Ripple is next - ( New Window )
RE: Coinbase just added Bitcoin Cash  
widmerseyebrow : 12/19/2017 7:52 pm : link
In comment 13748027 BigBlue4You09 said:
Quote:
. Hopefully Ripple is next - ( New Window )


Short term thats probably a blow to all the other coins on Coinbase. After the dust settles I'd say Litecoin is hurt the most by this if there isn't an outright Cashening.
Around 7:45  
Jim in Scranton : 12/19/2017 7:54 pm : link
Bitcoin, Litecoin, and Ethereum took massive dives. I am not sure what happened.
RE: Around 7:45  
BigBlue4You09 : 12/19/2017 8:02 pm : link
In comment 13748060 Jim in Scranton said:
Quote:
Bitcoin, Litecoin, and Ethereum took massive dives. I am not sure what happened.


Yup the whole market crashed with the news, good time to buy back in. Stabilizing now, by the end of the week it will be completey normal again.
I think the crash  
montanagiant : 12/19/2017 8:19 pm : link
Might be associated with Banks refusing to allow transactions. This was posted on a FB group I belong to:
RE: I think the crash  
Giants in 07 : 12/19/2017 8:35 pm : link
In comment 13748082 montanagiant said:
Quote:
Might be associated with Banks refusing to allow transactions. This was posted on a FB group I belong to:


This is actually great exposure for crypto. That will rub the public the wrong way and make them become more open minded to decentralized currency.

As for that scam coin Bitcoin cash, not happy about Coinbase adding it, but I think it hurts Bitcoin more than Litecoin. It’s still the cheapest coin and Bitcoin Cash is now the cheapest Bitcoin to those that don’t know the difference.
Wow that letter is crazy  
BigBlue4You09 : 12/19/2017 9:54 pm : link
My bank locked my card the other day but I just had to call and authorize it. Everything is leveling out again, BTC back up over $17K
It'll be interesting to see what the Asian markets do overnight  
widmerseyebrow : 12/19/2017 10:37 pm : link
So far seems like a temporary blip.
RE: It'll be interesting to see what the Asian markets do overnight  
BigBlue4You09 : 12/20/2017 8:53 am : link
In comment 13748177 widmerseyebrow said:
Quote:
So far seems like a temporary blip.


Back to normal it seems. Alt coins sure went back up, one of my coins (XVG) went up 13X
'As for that scam coin Bitcoin cash,'  
schabadoo : 12/20/2017 9:54 am : link
I like the idea of Bitcoin Cash, seems closer to the original idea of bitcoin. Gavin Andresen recently came out in support of it.

The people behind it, however, do not inspire confidence.
RE: 'As for that scam coin Bitcoin cash,'  
Giants in 07 : 12/20/2017 11:28 am : link
In comment 13748357 schabadoo said:
Quote:
I like the idea of Bitcoin Cash, seems closer to the original idea of bitcoin. Gavin Andresen recently came out in support of it.

The people behind it, however, do not inspire confidence.


Yeah, Roger Ver is a cunt.
Litecoin Founder Sells All His Litecoin  
widmerseyebrow : 12/20/2017 2:52 pm : link
For altruistic reasons. Nothing to fear.


Link - ( New Window )
Finally I was able to invest in some Ripple  
Jim in Scranton : 12/20/2017 3:05 pm : link
through Bitrex. I want to get about 100 coins and then sit on it, because it's going to be a long ride. I wish I thought about investing months ago.
RE: Finally I was able to invest in some Ripple  
BigBlue4You09 : 12/20/2017 3:34 pm : link
In comment 13748790 Jim in Scranton said:
Quote:
through Bitrex. I want to get about 100 coins and then sit on it, because it's going to be a long ride. I wish I thought about investing months ago.


Rumors it's going to be added to Amazon, hopefully that comes to fruition. And I think it's only a matter of time before its' added to Coinbase so it will blow up then regardless. I'm sitting on a couple hundred but looking to add more soon.
I have been thinking all day of  
Jim in Scranton : 12/20/2017 3:57 pm : link
just putting the 2.05 LTC I own into Ripple.
RE: I have been thinking all day of  
BigBlue4You09 : 12/20/2017 9:39 pm : link
In comment 13748888 Jim in Scranton said:
Quote:
just putting the 2.05 LTC I own into Ripple.


Do it soon, on its way to $1
I’m more interested in Ripple  
UConn4523 : 12/20/2017 9:47 pm : link
than anything else right now. What is the best exchange to trade on for Ripple?
gdax to bitrex  
Jim in Scranton : 12/20/2017 9:54 pm : link
only took a day to get verified to bitrex. There are some good youtube videos on how to do this.
I used Bittrex but Binance is easy too  
BigBlue4You09 : 12/20/2017 10:12 pm : link
Verification quick for both
bittrex seems pretty simple  
UConn4523 : 12/20/2017 10:17 pm : link
but they aren't taking now customers right now. I'm going to probably open a coinbase account just to have and go from there.
XRP scares the shit out of me  
Giants in 07 : 12/21/2017 5:00 pm : link
Created as a blockchain for banks, unlike 99.9% of the entire rest of the industry, with 60% of circulating supply locked away in escrow and held by Ripple themselves. Therefore, the trading volume and price can easily be manipulated. It is not decentralized. The transaction fees are destroyed, not redistributed and unlike stores of value/currency like BTC and LTC, XRP was created to be destroyed.

In fact, if the platform lasts long enough, every single XRP WILL be destroyed. According to Ripple themselves, the ultimate point of XRP is to be destroyed.
RE: XRP scares the shit out of me  
widmerseyebrow : 12/21/2017 10:33 pm : link
In comment 13750146 Giants in 07 said:
Quote:
Created as a blockchain for banks, unlike 99.9% of the entire rest of the industry, with 60% of circulating supply locked away in escrow and held by Ripple themselves. Therefore, the trading volume and price can easily be manipulated. It is not decentralized. The transaction fees are destroyed, not redistributed and unlike stores of value/currency like BTC and LTC, XRP was created to be destroyed.

In fact, if the platform lasts long enough, every single XRP WILL be destroyed. According to Ripple themselves, the ultimate point of XRP is to be destroyed.


I'll just say you need to do your research.

But in regards to the escrow, the fact that they put 55bil in escrow recently is exactly why the price has been surging ever since. With the lion's share in escrow, Ripple CANT flood the market with XRP (not that they'd want to anyway). That's why the big money is getting in now.
Bitcoin taking a little dive  
widmerseyebrow : 12/21/2017 10:35 pm : link
Will it go below 13k?
RE: Bitcoin taking a little dive  
BigBlue4You09 : 12/21/2017 10:38 pm : link
In comment 13750459 widmerseyebrow said:
Quote:
Will it go below 13k?


Little? Thank god I’ve been putting more into alts and new projects but still this is freightening
My brother in law  
KWALL2 : 12/21/2017 10:59 pm : link
Picks investments like Stan In LA picks prospects.

Let's just say he got into Bitcoin late last week. And was hyping it as the next big thing. Haven't heard from him in 3 days.

Like Stan, he's like clockwork.
RE: RE: XRP scares the shit out of me  
Giants in 07 : 12/21/2017 11:36 pm : link
In comment 13750453 widmerseyebrow said:
Quote:
In comment 13750146 Giants in 07 said:


Quote:


Created as a blockchain for banks, unlike 99.9% of the entire rest of the industry, with 60% of circulating supply locked away in escrow and held by Ripple themselves. Therefore, the trading volume and price can easily be manipulated. It is not decentralized. The transaction fees are destroyed, not redistributed and unlike stores of value/currency like BTC and LTC, XRP was created to be destroyed.

In fact, if the platform lasts long enough, every single XRP WILL be destroyed. According to Ripple themselves, the ultimate point of XRP is to be destroyed.



I'll just say you need to do your research.

But in regards to the escrow, the fact that they put 55bil in escrow recently is exactly why the price has been surging ever since. With the lion's share in escrow, Ripple CANT flood the market with XRP (not that they'd want to anyway). That's why the big money is getting in now.


Admittedly don’t know as much about XRP than ofher projects. I do expect it to be added to Coinbase though
RE: Around 7:45  
Gatorade Dunk : 12/22/2017 1:38 am : link
In comment 13748060 Jim in Scranton said:
Quote:
Bitcoin, Litecoin, and Ethereum took massive dives. I am not sure what happened.

Most of you guys are obviously following this much more closely than I am, but I'm just going to throw it out there from the few people that I know, there are some who have been riding the crypto spec wave all year who might be cashing out on anything volatile and closing up shop for the calendar year by COB tomorrow. That's kind of scary for a valuation that's almost entirely built on spec to begin with, isn't it?
Wow  
BigBlue4You09 : 12/22/2017 8:23 am : link
Market really took a giant dump last night, good lord
Yikes!  
Giants in 07 : 12/22/2017 9:59 am : link
Hold strong everyone!
Good rule of thumb...  
Maryland Giant : 12/22/2017 10:10 am : link
When the "irrational exuberance" for esoteric investment "opportunities" hits BBI it is time to run for your financial life. The OP was not the cause of the inevitable demise, just a near goddamn perfect indicator of what was about to unfold.

At least tulips are nice to look at.
will that guy eat his dick now?  
GMAN4LIFE : 12/22/2017 10:15 am : link
.
LOL - if this doesn't scare people not sure what will  
pjcas18 : 12/22/2017 10:19 am : link
this is NOT an onion article.

Again, not saying you can't make money on it, but be careful.

Long Island Iced Tea manufacturer changes name to Long Island Blockchain and the stock went up 200%.

if that doesn't scream dot.com era inflation not sure what does.

Quote:
Huh? Tea maker to become blockchain company. Stock soars


Quote:
A publicly traded company named Long Island Iced Tea Corp. (LTEA) -- which as the moniker implies is based on Long Island and makes iced tea -- is changing its name to Long Blockchain Corp. and wants to buy some firms in the cryptocurrency business.

The stock surged nearly 200% on the news.

This is madness, pure and simple. ....

Link - ( New Window )
RE: Wow  
Jim in Scranton : 12/22/2017 10:20 am : link
In comment 13750642 BigBlue4You09 said:
Quote:
Market really took a giant dump last night, good lord



i am not watching anymore, since i took everything out of Litecoin when it was at $340 and put it all in XRP.
Got denied on Coinbase  
UConn4523 : 12/22/2017 10:22 am : link
I’m guessing it’s because my address on my ID is different from my home address since I moved. Any way around this other than getting a new ID?
RE: RE: Wow  
BigBlue4You09 : 12/22/2017 10:24 am : link
In comment 13750833 Jim in Scranton said:
Quote:
In comment 13750642 BigBlue4You09 said:


Quote:


Market really took a giant dump last night, good lord




i am not watching anymore, since i took everything out of Litecoin when it was at $340 and put it all in XRP.


Well now a good time to reinvest in everything before the bounce back.
RE: Good rule of thumb...  
Britt in VA : 12/22/2017 10:25 am : link
In comment 13750817 Maryland Giant said:
Quote:
When the "irrational exuberance" for esoteric investment "opportunities" hits BBI it is time to run for your financial life. The OP was not the cause of the inevitable demise, just a near goddamn perfect indicator of what was about to unfold.

At least tulips are nice to look at.


Great rule of thumb.
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