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42
deepcgi
2017 Dec 12, 4:04pm
deepcgi
2017 Dec 12, 4:04pm
Are any entities, which are too-big-to-fail, getting caught up in the Bitcoin mania? What about Chinese Shadow Banks? And what other assets are being sold to finance new purchases? It’s not just gold. That is certain.
43
Hircus
2017 Dec 12, 7:45pm
Hircus
2017 Dec 12, 7:45pm
Newbie123 says
The huge meatheads at the gym talk about cryptos a lot lately between their sets. They often give each other tips, advice, price targets and time frames.
. Do you have similar experiences at work/in your environment?
The huge meatheads at the gym talk about cryptos a lot lately between their sets. They often give each other tips, advice, price targets and time frames.
44
BayArea
2017 Dec 12, 10:27pm
BayArea
2017 Dec 12, 10:27pm
Newbie123 says
I expect that finance folks and engineers will be talking bitcoin. I work at an engineering firm and the discussions have been non-stop.
But since craigslist jethros, grandmas, and high school kids have started talking bitcoin and trying to figure out how to acquire it, I've started getting a little concerned.
Do you have similar experiences at work/in your environment?
I expect that finance folks and engineers will be talking bitcoin. I work at an engineering firm and the discussions have been non-stop.
But since craigslist jethros, grandmas, and high school kids have started talking bitcoin and trying to figure out how to acquire it, I've started getting a little concerned.
45
joshuatrio
2017 Dec 13, 4:52am
joshuatrio
2017 Dec 13, 4:52am
goat says
My Cross fit coach was talking about BitCoin today. However, I don't know anyone else who's actually put money into the game (besides myself) except for my friend who's been following the trend for the last couple years.
Newbie123 says. Do you have similar experiences at work/in your environment?
The huge meatheads at the gym talk about cryptos a lot lately between their sets. They often give each other tips, advice, price targets and time frames.
My Cross fit coach was talking about BitCoin today. However, I don't know anyone else who's actually put money into the game (besides myself) except for my friend who's been following the trend for the last couple years.
46
BayArea
2017 Dec 13, 7:34am
BayArea
2017 Dec 13, 7:34am
goat says
Hehehe, well, aren’t ya gonna share their tips??
Newbie123 says. Do you have similar experiences at work/in your environment?
The huge meatheads at the gym talk about cryptos a lot lately between their sets. They often give each other tips, advice, price targets and time frames.
Hehehe, well, aren’t ya gonna share their tips??
48
BayArea
2017 Dec 13, 2:15pm
BayArea
2017 Dec 13, 2:15pm
joshuatrio says
Not before IOTA.
Bitcoin
Litecoin
Ether
IOTA
Ripple
...in that order.
Does anyone own Ripple?
Not before IOTA.
Bitcoin
Litecoin
Ether
IOTA
Ripple
...in that order.
51
Booger
2017 Dec 13, 6:59pm
Booger
2017 Dec 13, 6:59pm
I wonder if the hackers and scammers are asking for less bitcoin to make up for the increased value of it.
52
BayArea
2017 Dec 13, 7:22pm
BayArea
2017 Dec 13, 7:22pm
We’ve talked Bitcoin, Ethereum, Litecoin, and Iota. Any recommendations on best way to acquire Ripple?
54
BayArea
2017 Dec 13, 8:36pm
BayArea
2017 Dec 13, 8:36pm
Newbie123 says
Thanks just noticed it’s there.
Do you have any security concerns with Binance?
And how long are your deposits taking from coinbase/GDAX to Binance?
I’m planning to do a split between ripple and iota to add to my positions with bitcoin and litecoin
Yes, its on Binance. Coin XRP
Thanks just noticed it’s there.
Do you have any security concerns with Binance?
And how long are your deposits taking from coinbase/GDAX to Binance?
I’m planning to do a split between ripple and iota to add to my positions with bitcoin and litecoin
56
BayArea
2017 Dec 13, 9:14pm
BayArea
2017 Dec 13, 9:14pm
You've been a big help, much appreciated.
Yes, I went through the Google Authenticator on Binance. And I also noticed that IOTA selling/transfer is disabled. That's bullshit.
I still plan to pick some IOTA up because I can't seem to get it anywhere else.
How long are you seeing the funding transfers take on Binance? I swear I'm losing so much time waiting for funds to clear, ugh.
Yes, I went through the Google Authenticator on Binance. And I also noticed that IOTA selling/transfer is disabled. That's bullshit.
I still plan to pick some IOTA up because I can't seem to get it anywhere else.
How long are you seeing the funding transfers take on Binance? I swear I'm losing so much time waiting for funds to clear, ugh.
57
BayArea
2017 Dec 13, 9:32pm
BayArea
2017 Dec 13, 9:32pm
I'll give it a try...
On Dec 7th, I transfered money from Chase into Coinbase. It's telling me that won't clear until Dec 16th, 9 days later!
Then I have to transfer that into GDAX, god knows how long that will take. Then I have to buy Bitcoin or Ether, god knows how long that will take. Then I have to transfer Bitcoin or Ether into Binance, god knows how long that will take. Then I have to exchange Bitcoin or Ether into IOTA, god knows how long that will take. Then I have to wait for the IOTA selling restriction to be raised, god knows how long that will take.
Terribly frustrating waiting for all this while you are watching the prices skyrocket lol.
On Dec 7th, I transfered money from Chase into Coinbase. It's telling me that won't clear until Dec 16th, 9 days later!
Then I have to transfer that into GDAX, god knows how long that will take. Then I have to buy Bitcoin or Ether, god knows how long that will take. Then I have to transfer Bitcoin or Ether into Binance, god knows how long that will take. Then I have to exchange Bitcoin or Ether into IOTA, god knows how long that will take. Then I have to wait for the IOTA selling restriction to be raised, god knows how long that will take.
Terribly frustrating waiting for all this while you are watching the prices skyrocket lol.
59
BayArea
2017 Dec 18, 9:15pm
BayArea
2017 Dec 18, 9:15pm
Newbie,
I transferred BTC from GDAX to Binance.
Nothing showing up in Binance, no confirmation, nothing. Does this step take take for it to show up in Binance?
I transferred BTC from GDAX to Binance.
Nothing showing up in Binance, no confirmation, nothing. Does this step take take for it to show up in Binance?
60
BayArea
2017 Dec 19, 10:47pm
BayArea
2017 Dec 19, 10:47pm
Thanks newbie
It cleared on Binance after 2hrs or so.
I notice that bitcoin cash is being offered on coinbase now... after the massive run-up at opening, coinbase shut down trading (been that way for last few hrs)
It cleared on Binance after 2hrs or so.
I notice that bitcoin cash is being offered on coinbase now... after the massive run-up at opening, coinbase shut down trading (been that way for last few hrs)
61
joshuatrio
2017 Dec 20, 9:54am
joshuatrio
2017 Dec 20, 9:54am
BayArea says
I was trying to swap my LTC for BCH, and it wouldn't let me... BCH is going parabolic.
Thanks newbie
It cleared on Binance after 2hrs or so.
I notice that bitcoin cash is being offered on coinbase now... after the massive run-up at opening, coinbase shut down trading (been that way for last few hrs)
I was trying to swap my LTC for BCH, and it wouldn't let me... BCH is going parabolic.
62
anonymous
2017 Dec 20, 11:06am
i'm going to invest $100 in each of those 1300 coins so i can become a billionaire 10 years from now.
NOT!
NOT!
63
joshuatrio
2017 Dec 20, 2:11pm
joshuatrio
2017 Dec 20, 2:11pm
BayArea says
I was finally able to trade all my LTC for BCH. So far so good. Coinbase is now working for BCH.
I notice that bitcoin cash is being offered on coinbase now... after the massive run-up at opening, coinbase shut down trading (been that way for last few hrs)
I was finally able to trade all my LTC for BCH. So far so good. Coinbase is now working for BCH.
64
BayArea
2017 Dec 20, 11:10pm
BayArea
2017 Dec 20, 11:10pm
joshuatrio says
Interesting... not for me
How did you “trade” the two?
BayArea saysI notice that bitcoin cash is being offered on coinbase now... after the massive run-up at opening, coinbase shut down trading (been that way for last few hrs)
I was finally able to trade all my LTC for BCH. So far so good. Coinbase is now working for BCH.
Interesting... not for me
How did you “trade” the two?
65
joshuatrio
2017 Dec 21, 5:18am
joshuatrio
2017 Dec 21, 5:18am
BayArea says
Sorry, not actually "trade" - sold one for the other.
Interesting... not for me
How did you “trade” the two?
Sorry, not actually "trade" - sold one for the other.
66
joshuatrio
2017 Dec 21, 5:19am
joshuatrio
2017 Dec 21, 5:19am
Newbie123 says
That was kind of my thought as well. Also, BTC has such a grip on the crypto market that BCH actually seems like it could push LTC and the other alt coins out of the market.
I'm only speculating.
Joshuatrio, I'd say that was a good move. Charlie Lee (Litecoin founder) selling his entire stake of Litecoin is def. not a bullish sign. I sold almost all of my LTC as well. Evaluating at the moment what my next investment will be. I like Cardano quiet a bit. Seems very promising. BCH def. seems to have upside. Will be interesting how the BTC vs BCH will play out.
That was kind of my thought as well. Also, BTC has such a grip on the crypto market that BCH actually seems like it could push LTC and the other alt coins out of the market.
I'm only speculating.
67
mell
2017 Dec 21, 7:29pm
Bitcoin going down like Broomcorn's uncle. Not surprised, as mentioned earlier it has been showing ponzi-scheme like appreciation. Lots of bagholders created at $19K-$17k. They are at the mercy of the remaining whales now.
68
mell
2017 Dec 21, 9:06pm
Newbie123 says
I don't think $13k is a discount but it has recovered some to $14800 as of now, so if you can trade those swings good for you. But with the amount of time the transactions take you have to be long for a while and I don't see it going back to $20k, on what valuation fundamentals?
hope these bagholders did not end up selling at 13k. ;) looks like we all are getting big discounts tonight.
I don't think $13k is a discount but it has recovered some to $14800 as of now, so if you can trade those swings good for you. But with the amount of time the transactions take you have to be long for a while and I don't see it going back to $20k, on what valuation fundamentals?
70
mell
2017 Dec 22, 7:29am
Just because something is getting accepted everywhere doesn't increase its value 10000 fold. Same for gold or fiat currency. Think Bitcoin is here to stay but such quick large swings could have been some whales cashing out.
71
BayArea
2017 Dec 22, 8:27am
BayArea
2017 Dec 22, 8:27am
Yes, 30%, 40% pullbacks won’t be uncommon, but people will be kicking themselves a year from now by not taking advantage of those pullbacks.
72
WatermelonUniversity
2017 Dec 22, 9:38am
WatermelonUniversity
2017 Dec 22, 9:38am
Don’t care how low. Not touching that with a ten foot pole.
73
anonymous
2017 Dec 30, 1:04pm
FYI, use LTC for transfers from GDAX to Binance or Bittrex. I used ETH in the past and lately it’s taking forever. Just transferred some LTC over and it posted within 15 minutes!
75
anonymous
2018 Jan 5, 10:45am
anon_20dcf says
Looks like bitcoin is starting another rally today. You guys should look into President Trump coin (pres). It’s up 350% over the last 24 hours.
Bitcoin bubble is over, next step is Mooncoin!
Looks like bitcoin is starting another rally today. You guys should look into President Trump coin (pres). It’s up 350% over the last 24 hours.
76
joshuatrio
2018 Jan 5, 1:07pm
joshuatrio
2018 Jan 5, 1:07pm
I think XRP is next.
Still holding my BCH, I'm at like break even right now. Debating on whether or not to keep it.
Still holding my BCH, I'm at like break even right now. Debating on whether or not to keep it.
77
BayArea
2018 Jan 5, 4:03pm
BayArea
2018 Jan 5, 4:03pm
BTC $17K
Ether flirting at $1K
Tripled my money on Ripple in just a couple weeks.
What's all the doom and gloom talk?
Ether flirting at $1K
Tripled my money on Ripple in just a couple weeks.
What's all the doom and gloom talk?
78
WildMind
2018 Jan 5, 4:15pm
What do you think of buying the GBTC etf vs the trouble of picking individual winners on Coinbase?
79
anonymous
2018 Jan 5, 5:11pm
It’s a time bomb waiting to explode at any moment.
A lot movie makers are already filming “Bitcoin part 2 - The Bust.” Part 1 was real inspirational though. I almost bought.
A lot movie makers are already filming “Bitcoin part 2 - The Bust.” Part 1 was real inspirational though. I almost bought.
80
anonymous
2018 Jan 6, 4:24pm
anon_8044e says
You might have to wait for the time bomb to explode a bit longer. Binance and bittrex are not accepting new users as they can’t handle the incredible demand. There are a lot of hungry newbies waiting on the sidelines to jump in. Plus, don’t forget the institutional money coming into the space. This baby has legs.
It’s a time bomb waiting to explode at any moment.
A lot movie makers are already filming “Bitcoin part 2 - The Bust.” Part 1 was real inspirational though. I almost bought.
You might have to wait for the time bomb to explode a bit longer. Binance and bittrex are not accepting new users as they can’t handle the incredible demand. There are a lot of hungry newbies waiting on the sidelines to jump in. Plus, don’t forget the institutional money coming into the space. This baby has legs.
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Hi guys,
I'd like to start a conversation on crypto-currency, particularly Bitcoin.
What do you all think about it from an investment point of view today? I have some buddies in the finance world who are quite bullish on it and claim we are just scratching the surface. Judging by the recent performance, they may be right.
For people who are investing in Bitcoin, what are you using to invest and what recommendations do you have for a new investor?
Also, how are gains taxed compared to typical stock market gains?
I read this week that over 100,000 merchants in the USA are accepting Bitcoin today.
At the same time, digital currency does scare me a bit as it seems so abstract. Curious what PatNet thinks.
Thanks guys!