I made a 60€ profit from some btc i had forgotten about. not bad
[url]https://www.coindesk.com/2x-called-off-bitcoin-hard-fork-suspended-lack-consensus/[/url]
important news i think as it seems to have been the reason for the recent surge
As someone who knows fuckall about cryptocurrency where do I start?
Say I have $50, where do I buy bitcoins/other coins? Are some places more reliable, have less fees, etc.
[QUOTE=laserpanda;52871036]As someone who knows fuckall about cryptocurrency where do I start?
Say I have $50, where do I buy bitcoins/other coins? Are some places more reliable, have less fees, etc.[/QUOTE]
[url]https://wex.nz/[/url] is a pretty good site.
[QUOTE=laserpanda;52871036]As someone who knows fuckall about cryptocurrency where do I start?
Say I have $50, where do I buy bitcoins/other coins? Are some places more reliable, have less fees, etc.[/QUOTE]
unless your using an atm fees are usually simialar, some can be a pain to get verified on but i found coinbase and poloniex to be pretty easy also if you dont use usd pick an exchange that has your currency to avoid additional fees
Bitcoins are being pumped artificially.
USDT (Tether) is being printed out of thin air. With every USDT print BTCs are purchased.
This wont end well.
Long story:
USDT is cryptocurrency pegged to $ 1:1, made by Tether. So USDT is just digital form of $. The Tether claims they have backing of $ for every USDT, but current situation is very shady. They lost banking (they have no more banks that hold $) + they started issuing new USDTs, like 25million$ every 3 days. Everytime this happens, BTC rises like crazy.
So my guess is they buy BTC with USDT to pump it, then sheeps flock into it and they short market like crazy. Crazy profit, enough to cover Tether debts or to make additional profit.
I'm tempted to invest around $1000 into Bitcoin in the next few days.
Should i?
I have about 6k to spare.
invest $100 into ten new cryptocurrencies instead
even if 9 of them go tits up, one of them could be wildly successful and pay back handsome dividends
You can also invest in crypto fund for example Iconomi ([url]https://www.iconomi.net/dashboard/#/[/url]), you have multiple funds here. There are also other funds but I don't know if they are open already.
[QUOTE=Adarrek;52872801]I'm tempted to invest around $1000 into Bitcoin in the next few days.
Should i?
I have about 6k to spare.[/QUOTE]
At this point I would say probably not Bitcoin since after the Segwit2x shit never came to pass it'll probably simmer off a bit. Lots of good alts like Vertcoin or NEO though.
Ethereum my friends. Bitcoin cannot sustain for much longer.
Also, i haven't seen this one here. [url]https://coinmarketcap.com[/url]
People here looking to invest, you gotta a lot of time ahead of you so you might wanna invest in Vanguard Index 500 or something instead.
[QUOTE=SGTNAPALM;52873263]People here looking to invest, you gotta a lot of time ahead of you so you might wanna invest in Vanguard Index 500 or something instead.[/QUOTE]
index 500 has a minimum of $3000, I think people looking into crypto want the flexibility of investing less for chances of a higher reward.
Vanguard 500 index is also pretty risky. Does look good though.
[QUOTE=SGTNAPALM;52873263]People here looking to invest, you gotta a lot of time ahead of you so you might wanna invest in Vanguard Index 500 or something instead.[/QUOTE]
Most people probably want to trade, not invest. If you want to invest in crypto you gotta do a shitload of research. Trading is basic TA.
what if that "Satoshi Nakamoto" guy suddenly cashes in on his bitcoin. Do you guys think bitcoin would crash for good? or just dip and recover?
[media]https://www.youtube.com/watch?v=Bze53qwHS8o[/media]
[editline]10th November 2017[/editline]
[QUOTE=No Party Hats;52849399] new ledger coming out soon you oughra wait for[/QUOTE]
too late I invested $100 in BTC and $100 in litecoin using coinbase. What is the benefit of a new ledger?
the value of it ultimately depends on how many people use it in the end. if you think people are still going to want to buy bitcoin and use them, its not really going to go away
bitcoin was established five years ago, so it's pretty likely it'll still be around five years from now (after that i'm not sure)
the price is going down im crying. we are gonna be poor
[QUOTE=JeSuisIkea;52877917]the price is going down im crying. we are gonna be poor[/QUOTE]
It's back up we're gonna be rich!
Really considering selling at this point hoping for another dip to occur next week. But ever since Square has announced it's app allowing users to buy/sell BTC, there has been a surge of buying. Anyone here have a group that posts bitcoin news? I really want to follow some kind of analytics group to see where the real support of BTC price lies, because it held steady after the burst at ~6000 to 6500, and I want to know what the next realistic support level will be.
[QUOTE=Dave_Parker;52896803]Any crypto group you join is just gonna be a lot of noise.[/QUOTE]
Yeah... I figured as much. I feel like at this point I'm better off just holding and see how things look next week. I have another $500 I want to invest but I'm split on the stock market and bitcoin.
[QUOTE=Cpn Crunch21;52896772]Really considering selling at this point hoping for another dip to occur next week. But ever since Square has announced it's app allowing users to buy/sell BTC, there has been a surge of buying. Anyone here have a group that posts bitcoin news? I really want to follow some kind of analytics group to see where the real support of BTC price lies, because it held steady after the burst at ~6000 to 6500, and I want to know what the next realistic support level will be.[/QUOTE]
If you sell now, you will make money.
If you wait, you might not.
[QUOTE=Fourier;52872547]Bitcoins are being pumped artificially.
USDT (Tether) is being printed out of thin air. With every USDT print BTCs are purchased.
This wont end well.
Long story:
USDT is cryptocurrency pegged to $ 1:1, made by Tether. So USDT is just digital form of $. The Tether claims they have backing of $ for every USDT, but current situation is very shady. They lost banking (they have no more banks that hold $) + they started issuing new USDTs, like 25million$ every 3 days. Everytime this happens, BTC rises like crazy.
So my guess is they buy BTC with USDT to pump it, then sheeps flock into it and they short market like crazy. Crazy profit, enough to cover Tether debts or to make additional profit.[/QUOTE]
who offers usdt though? i have seen it on polo but all the volume seems to be on one exchange
the stuff going on the last week has been super sketchy
[editline]16th November 2017[/editline]
still waiting for the unconfirmed transactions to clear so i can move the btc i bought at 5400 off the exchange with reasonable fee's
[QUOTE=waylander;52896973]
the stuff going on the last week has been super sketchy
[/QUOTE]
It was pretty sketchy in that it appeared to be a co-ordinated attack on Bitcoin's technology, but it's also proof that there's still plenty of resilience in Bitcoin.
Oh, and praise Slush I guess? Otherwise (my low-level understanding understands) BTC would be pretty fucked.
[QUOTE=SataniX;52898061]It was pretty sketchy in that it appeared to be a co-ordinated attack on Bitcoin's technology, but it's also proof that there's still plenty of resilience in Bitcoin.
Oh, and praise Slush I guess? Otherwise (my low-level understanding understands) BTC would be pretty fucked.[/QUOTE]
Slush was a major player in damage control, but I honestly believe that BCH was also fucked from the start. The moment it ballooned 200% in value in a single day was the biggest peak it would have for a while, if ever. The pump and dump is real -- I don't believe the people behind BCH had any other intentions other than a pump that would make them several hundred mill.
[QUOTE=aznz888;52899224]Slush was a major player in damage control, but I honestly believe that BCH was also fucked from the start. The moment it ballooned 200% in value in a single day was the biggest peak it would have for a while, if ever. The pump and dump is real -- I don't believe the people behind BCH had any other intentions other than a pump that would make them several hundred mill.[/QUOTE]
BCH was rage pump.
[editline]17th November 2017[/editline]
[QUOTE=waylander;52896973]who offers usdt though? i have seen it on polo but all the volume seems to be on one exchange
the stuff going on the last week has been super sketchy
[editline]16th November 2017[/editline]
still waiting for the unconfirmed transactions to clear so i can move the btc i bought at 5400 off the exchange with reasonable fee's[/QUOTE]
USDT is tied to Bitfinex, one of the biggest exchange.
Check out this Twitter for more info, this user tracks every shady activity of Tether.
[url]https://twitter.com/Bitfinexed[/url]
On side note, USDT is tied to ~250 markets. It is ticking bomb. If this Tether thing implodes, it may cause huge crash in crypto markets in general.
[url]https://coinmarketcap.com/currencies/tether/#markets[/url]
10k in sight
:(
I've been trying to offload some of my BTC but waiting over 24 hours for it to be deposited on the exchange is painful.
This has to be a bubble, I just can't believe it's gone this far. I mean, the demand has been driven so far mostly by media coverage right? How long can that last?
(I say as I regret not buying into BTC/mining it when it started)
[QUOTE=Elv02;52929092]This has to be a bubble, I just can't believe it's gone this far. I mean, the demand has been driven so far mostly by media coverage right? How long can that last?
(I say as I regret not buying into BTC/mining it when it started)[/QUOTE]
id say another year or two personally, its great for investing though, I was able to turn $500 into nearly $7k in under a minute on Bittrex by buying into an Alt coin that had just been added to the exchange and selling it 30 seconds later when it was being pumped from nearly 10 cents to $6.30 per coin.
If you want to make a lot of money and are a risk taker then get in before mid 2018.
Been putting money in LTC, been a good month. Excited to see what happens when atomic swaps go live.
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