patrick.net
An Antidote to Corporate Media
1,257,219 comments by 15,002 users - Patrick, Reality, The_Deplorable online now
invite response« First « Previous Comments 73 - 112 of 521 Next » Last » Search these comments
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.
81
anonymous
2018 Jan 6, 4:24pm
WildMind says
What do you think of buying the GBTC etf vs the trouble of picking individual winners on Coinbase?If you are new that might be interesting. FYI, coinbase is just offering 4 coins at the moment. If you want to invest in any other coins you would need to open an account on Binance or bittrex. Both exchanges are not accepting new users at the moment
82
anonymous
2018 Jan 6, 4:25pm
BayArea says
Totally agree! It’s been a fantastic rally. These decentralized exchanges e.g. Zrx and Airswap look very interesting to me as well. There market caps are pretty low compared to others. I follow this guy crypto bobby and his portfolio for the most part which has been very profitable so far.
BTC $17K
Ether flirting at $1K
Tripled my money on Ripple in just a couple weeks.
What's all the doom and gloom talk?
Totally agree! It’s been a fantastic rally. These decentralized exchanges e.g. Zrx and Airswap look very interesting to me as well. There market caps are pretty low compared to others. I follow this guy crypto bobby and his portfolio for the most part which has been very profitable so far.
83
anonymous
2018 Jan 6, 4:25pm
joshuatrio says
I am holding my BCH. It’s still way down from it’s ATH. It disappointed lately but I am pretty sure we will see another run up once the volume comes on. Will take profits once it’s hits 3500 or so.
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.
I am holding my BCH. It’s still way down from it’s ATH. It disappointed lately but I am pretty sure we will see another run up once the volume comes on. Will take profits once it’s hits 3500 or so.
84
anonymous
2018 Jan 7, 8:32pm
Now You can sell your crypto account to desperate newbies who want to get in
https://www.finder.com/users-are-selling-their-binance-accounts-due-to-temporary-registrations-pause
https://www.finder.com/users-are-selling-their-binance-accounts-due-to-temporary-registrations-pause
85
anonymous
2018 Jan 7, 8:50pm
The whole pause in new account registrations is pretty fishy to me
Cryptos and blockchain are a technological revolution, but they can’t take your name and email and set you up with an account?
Seems as if they’re creating false scarcity at the same time supply has never been higher
Ethereum has been steaming recently.
Cryptos and blockchain are a technological revolution, but they can’t take your name and email and set you up with an account?
Seems as if they’re creating false scarcity at the same time supply has never been higher
Ethereum has been steaming recently.
86
anonymous
2018 Jan 8, 7:49am
“Cryptos and blockchain are a technological revolution, but they can’t take your name and email and set you up with an account?”
From an investor perspective I like that there is a halt of new money coming in at the moment. 2017 was an incredible year. The exchanges did not expect such a huge demand of new registrations. New users means more support tickets, more traffic on the servers, more people that need to be verified etc.
From an investor perspective I like that there is a halt of new money coming in at the moment. 2017 was an incredible year. The exchanges did not expect such a huge demand of new registrations. New users means more support tickets, more traffic on the servers, more people that need to be verified etc.
88
MisdemeanorRebel
2018 Jan 11, 10:00am
MisdemeanorRebel
2018 Jan 11, 10:00am
mell says
Yep.
"Bitcoin will prevent the instability of Fiat Currency like the Dollar!!! Which is why it's gone from $17k to $13k in a short time. Hell, it moved ~$1,500 today!"
Here's an idea for currency: One whose value is linked to the total energy production of Humanity. The Kardashev.
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.
Yep.
"Bitcoin will prevent the instability of Fiat Currency like the Dollar!!! Which is why it's gone from $17k to $13k in a short time. Hell, it moved ~$1,500 today!"
Here's an idea for currency: One whose value is linked to the total energy production of Humanity. The Kardashev.
90
Patrick
2018 Jan 12, 7:29pm
Patrick
2018 Jan 12, 7:29pm
TwoScoopsPlissken says
I like this idea. In a way, energy is already the global currency, as oil. But it should be expressed in a more abstract way, megajoules maybe.
Here's an idea for currency: One whose value is linked to the total energy production of Humanity. The Kardashev.
I like this idea. In a way, energy is already the global currency, as oil. But it should be expressed in a more abstract way, megajoules maybe.
91
WatermelonUniversity
2018 Jan 15, 12:28pm
WatermelonUniversity
2018 Jan 15, 12:28pm
having mined over a million of bitcoins before anyone even had the chance Satoshi Nakamoto is a multi billionaires now. no wonder he disappeared.
he's slowing cashing out thanks to newer victims to his brilliant ponzi scheme.
he's slowing cashing out thanks to newer victims to his brilliant ponzi scheme.
92
joshuatrio
2018 Jan 16, 9:04am
joshuatrio
2018 Jan 16, 9:04am
Cryptos dipped hard last night. I bought more BCH this morning @ $2,058.
94
CBOEtrader
2018 Jan 16, 11:40am
CBOEtrader
2018 Jan 16, 11:40am
BorderPatrol says
Maybe. I'd love to know the story behind this.
Thing is, the entire world is already used to fiat currency. Is this any different?
having mined over a million of bitcoins before anyone even had the chance Satoshi Nakamoto is a multi billionaires now. no wonder he disappeared.
he's slowing cashing out thanks to newer victims to his brilliant ponzi scheme.
Maybe. I'd love to know the story behind this.
Thing is, the entire world is already used to fiat currency. Is this any different?
97
Hircus
2018 Jan 16, 3:20pm
Hircus
2018 Jan 16, 3:20pm
Hm, this crypto crash is pretty violent. Might this be "the big one"?
I guess this was caused by China's threat to miners, yesterday?
I guess this was caused by China's threat to miners, yesterday?
98
WookieMan
2018 Jan 16, 3:28pm
WookieMan
2018 Jan 16, 3:28pm
goat says
Bitcoin still has a $10k+ USD value. There's MUCH more to come for something that has no describable value from anyone I would trust.
Wookie Disclaimer: Note, I'm completely aware you can make money on this. So please don't take my pessimism as being a total hater of crypto. I would never touch it though and have discretionary funds available to completely lose in this market. I'll take a 8-14% gains nine out of ten times versus losing 80% of an investment in fake money to try and grab a 1,000% gain. You have better odds playing the penny stock market IMO.
Might this be "the big one"?
Bitcoin still has a $10k+ USD value. There's MUCH more to come for something that has no describable value from anyone I would trust.
Wookie Disclaimer: Note, I'm completely aware you can make money on this. So please don't take my pessimism as being a total hater of crypto. I would never touch it though and have discretionary funds available to completely lose in this market. I'll take a 8-14% gains nine out of ten times versus losing 80% of an investment in fake money to try and grab a 1,000% gain. You have better odds playing the penny stock market IMO.
101
anonymous
2018 Jan 16, 5:34pm
what a party. What’s the return policy with lamborghini? Time to buy at a discount or sell it all? All time highs soon? Who knows. Enjoy the ride.
102
joshuatrio
2018 Jan 17, 6:28am
joshuatrio
2018 Jan 17, 6:28am
Holy crap it's tanking hard. After I bought in at around $2k. I sold at $1950, after realizing the plummeting wasn't over. Glad I did. BCH is like $1400 now, and BTC is at 9700.
POPPING FAST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
POPPING FAST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
106
anonymous
2018 Jan 17, 10:14am
Oh man.... I put bitcoin buy orders in between 8-9k. Was hoping it dips more. See strong buy activity at the moment. Some people will make a killing off this dip. I was hoping the panic sellers will put more pressure on the prices. Oh well, at least I picked up some ltc and ETH on the low side. If we start the rally now I will add more to all my positions.
107
mell
2018 Jan 17, 11:11am
anon_b7985 says
You can't see any activity as most buy and sell cycles are really lengthy (take 24 hours or more) until this is better controlled with many ETFs and futures. This is at the mercy of the few whales and already lost 50% for its peak. Could crash further if more whales decide to sell.
Oh man.... I put bitcoin buy orders in between 8-9k. Was hoping it dips more. See strong buy activity at the moment. Some people will make a killing off this dip. I was hoping the panic sellers will put more pressure on the prices. Oh well, at least I picked up some ltc and ETH on the low side. If we start the rally now I will add more to all my positions.
You can't see any activity as most buy and sell cycles are really lengthy (take 24 hours or more) until this is better controlled with many ETFs and futures. This is at the mercy of the few whales and already lost 50% for its peak. Could crash further if more whales decide to sell.
108
anonymous
2018 Jan 17, 11:41am
Unbelievable people still call these as “dips” as if this is amazon where price is almost guaranteed to go up long term because of strong business model, revenue and constant innovation.
110
RWSGFY
2018 Jan 17, 11:45am
RWSGFY
2018 Jan 17, 11:45am
mell says
Nah, it'll recover by lunchtime.
anon_b7985 saysOh man.... I put bitcoin buy orders in between 8-9k. Was hoping it dips more. See strong buy activity at the moment. Some people will make a killing off this dip. I was hoping the panic sellers will put more pressure on the prices. Oh well, at least I picked up some ltc and ETH on the low side. If we start the rally now I will add more to all my positions.
You can't see any activity as most buy and sell cycles are really lengthy (take 24 hours or more) until this is better controlled with many ETFs and futures. This is at the mercy of the few whales and already lost 50% for its peak. Could crash further if more whales decide to sell.
Nah, it'll recover by lunchtime.
111
fdhfoiehfeoi
2018 Jan 17, 1:38pm
fdhfoiehfeoi
2018 Jan 17, 1:38pm
50% plunge since before Christmas, fad investments come and go so quickly...
« First « Previous Comments 73 - 112 of 521 Next » Last » Search these comments
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!