Right there with ya, going to pickup another 15k.

Just buy enough coins to Masternode shit coins, and then sell off before the pump ends unless you are confident in the coin.

Anybody can masternode. Doesn't take much electricity. You'll need a server.

https://masternodes.online/

Looks like you made about $1000 since your post....

Hope RunKc is ok. Haven't seen him post much here after he seemed to be buying every bitcoin alternative a few weeks ago.

Hopefully he didn't sacrifice his entire life savings.

/God Bless

Bought $500 each of Bitcoin and Litecoin today just for shits and giggles.

Lew , how do you feel about X I put a stop loss on for next 60 days at 37.50 for some I bought at 32 but the X I bought at 22 I didn't. I'm thinking it might pull back 2-3% and then move on up and push through 40.

I was just thinking about a Stop Loss order on X today. I bought all my shares at $21 so not sure what to do. I was considering placing a sell order when it hits $42 but should maybe also consider a Stop Loss order near $35.

Then again, I am trying to minimize our tax consequences this year due to the 2018 tax changes and my wife not working this year. It would actually benefit me to not make as much this year.

****ing government, encouraging people to work less. :D

And hold the Bitcoin dump train.

Good news for some in this thread?

/These thoughts are speculative thoughts. Do your own research and make your own decisions.

https://www.investopedia.com/news/wa...n=fb_main_page

BTC futures market expires Jan 17 hence the market sell off. Theres a massive short position by banks and institutions and they will be in the money. Their market manipulation worked. JPM bought tons of BTC last yr just to leverage it on exchanges & short bitcoin.

GBTC is doing a 90-1 split if you hold shares on Jan22. currently at about 1700 / share

Haha no man I’ve just got ripple at the moment. I only put in an amount that I was okay with losing.

I’m very risk averse with money.

So their next move would be to rebuy low and push it back up

It's amazing how you read about the Bitcoin market from Bitcoin enthusiasts and even as the currency is roller coastering up and down, crashing by 100% in a matter of days, no one is losing. Everyone is making money. From the big banks to the cheeto-fingered laptop jockeys, everyone is making a killing and the money is coming from no one.

I'm not sure what you're calling a 100% crash, but the crypto market is up ~2400% from one year ago, as of today. And that's including losing almost 50% of the overall marketcap over the past 10 days. So, yeah, it's incredibly volatile, as any reasonable investor will tell you, but a lot of people are still way up on their portfolio overall, with the insane growth over the past year.

100% crash would be down to 0, so no, that hasn’t happened.

It’s like that one friend that everyone has who “always” wins at the casino, or pull tabs, or the stock market, etc. They’re happy to talk about their gains, they just never mention their losses so it seems that they’re always killing it.

Still have 0 Ripple. And feel pretty good about it.

Nobody ever talks about their gambling losses either.

I got killed on litecoin and ripple. I am stupid and a coward.

But there’s this guy that has a crypto podcast?

I'm down 30% since the new year after almost doubling my money in a week. In my mind I was going to hold a year and see. Don't see myself changing that. It sucks to lose the money but when I sit back and think about it. I wasn't going to do shit with it anyways anytime soon if ever.

Look at it long term. Instead of being up 300%, we're up 30%...

This game isn't for emotional traders. Gotta look at it like gamblin money and just let it ride.

Said tulip and beanie babie speculators (look it up)

Instead of Ming crypto coins, you can mine prime numbers for profit. The last one just paid $3,000.

Anyone can start searching for large Mersenne primes by downloading a free program. If you strike it lucky, not only is the discovery attributed to you, there’s also a cash prize. Proving that M77232917 is prime took Pace’s computer six days of non-stop computation. Four other computers then verified the result.

https://www.newscientist.com/article...illion-digits/

Definitely the same thing.

??? I do. I usually tell people my worst days just to see them freak out. When I tell my parents I lost $10,000 or something, they go what what what what! You need to quit! Nobody seems to care about when I tell them I win, so now I just tell them how much I lose and they seem to perk up.

ROFL

Still up 32% from when I invested in Ripple 3 weeks ago. I think it will go back up in time.

Just a reminder,

7:57 PM ET 1/11/18 | Dow Jones
RELATED QUOTES


10:48 AM ET 1/18/18
Symbol Last % Chg
GBTC
1,845 12.78%
Real time quote.

By Maria Armental

Grayscale Investments LLC, a unit of Barry Silbert's Digital Currency Group Inc., is making another move for retail investors: a 91-for-1 stock split of Bitcoin Investment Trust's stock.

With the split, shareholders of record as of Jan. 22 would receive 90 additional shares on Jan. 26 for each share held.

The stock, which trades over the counter under the ticker GBTC, closed Thursday at $1,708.01.

While splits don't change a company's value, they tend to generate interest in the stock as the lower price makes it more attractive to a larger group of investors, driving up the value.

Grayscale Investments last year filed--and later withdrew--an application with the Securities and Exchange Commission to launch a bitcoin exchange-traded fund. An ETF on a U.S. exchange would offer investors a way to bet on the cryptocurrency through their existing brokerage accounts.

Bitcoin, backed by algorithms rather than pledges from national governments, has so far remained a niche product. It was trading Thursday at $12,948.01, according to Coindesk.

Are you playing this long or short?

I have to keep pretty liquid in the next few months, but this seems interesting.

What does this mean? I just got back in today. it's been so good to me over the past year.

I've been buying and selling this stock for a month because of the volatility and done quite well overall. BUT after the split it will be somewhere around $20 /share and I'm going to play the long. It may go to $10 but there's a MUCH better chance it will go to $50 or much higher. Some players are betting it climbs right back up to 300-500 but who the hell knows. I just bought 3 more share about 15 minutes ago at 1836.

I got in at $1841 earlier today kicking myself for not getting in at $1400 yesterday.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Inside the blockchain cruise for cryptocurrency enthusiasts <a href="https://t.co/FEbz2JX1bG">https://t.co/FEbz2JX1bG</a> <a href="https://t.co/NvwE7PtbfB">pic.twitter.com/NvwE7PtbfB</a></p>&mdash; Bloomberg (@business) <a href="https://twitter.com/business/status/954391192954863617?ref_src=twsrc%5Etfw">January 19, 2018</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

https://forumserver.twoplustwo.com/c...%2FS1s5jht.jpg

Finally!

You trying to do any dollar averaging today?

I can't watch any longer, pulling the trigger to let a couple ride through the change.

No. I usually ride it for a day or so and pull out. Down a little bit but really hate holding this over weekends with the volatile nature of BTC. If push comes to shove, I'll take a long position if needed. Not worried about taxes as it's being traded in a rollover IRA account.

I got a lot of great coins in the recent sale. I'm aiming for 20k in Ripple coins. I'm a quarter of the way there now.

You guys sure have alot of gumption and no fear to dick with those exchanges. I only have about $6,500 on exchanges and I'm still scared. Those ****ers get hacked all the time, can go under without any warning, some of the more shady ones have even just stole peoples money. Yobit stole some ethereum from me six months ago. Then they'll just announce oh guess what, your favorite coin is now is now in maintenance mode indefinitely. Zing! Don't trust 'em. Too much work to daytrade shit crypto. Too many fees to worry about.

JUST HODLING IT DOWN HERE
Go go go BTC, Ethereum, LTC, Dash, Monero, Icon, RaiBlocks, Pivx. Bout it.

I'm going to **** around with some shitcoin masternodes, but dump it before it goes ponzi. Dicking around with shitcoins and worrying about when they go up and down, shit is for the birds.

VEN - VeChain

I've been in on VEN for a few weeks now - it's done well for me. Definitely wish I'd bought more.

Keep an eye on the market over the next couple days. Cointelegraph is sayingvyhey expect another round of selling when bitcoin gets to 13200 levels and to drop to similar levels as the last drop. Possibly further. Huge opportunity to increase holdings if timed correctly.

They nailed the last drop and anyone that followed their recommendations increased their holdings quite a bit.

I hope it goes to 15000 and drags GBTC with it. I can't wait for the big split Monday!!!!!!

John McAfee admitted his own phone was full of apps that leached from his transactions (take his opinions for what they're worth.) There's a vid out there where he states his new phone idea was based off how he was pissed after finding out he'd lost 10's of thousands in bitcoin transactions...

John McAfee also pays prostitutes to poop in his mouth. So there's that.

<iframe width="560" height="315" src="https://www.youtube.com/embed/5elAr2s6Gno" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

My mind always wants to pull out the money because I am not patient. It definately cultivates the skill of patience.

Looks like a bit of a crash this morning. I bought into Eth at 1020 planning to ride it up to around 1080 and bank a little profit. Saw it drop to 1000 and a wall beginning to form so I jumped out. Looks like it's about to drop below 950. Timing the jump back in point is always the hard part.

Has anyone here tried using CryptoHopper. It sounds like you just assign you account to it and it daytrades your Crypto using buy/sell signals .

This shit is WAY to volatile for my aging ass.

Buying high and selling low is a common strategy used. I think it fools the people making profits into thinking they're doing something wrong.

The current trend has to do with the new futures. Hold on. It will pick up soon.

https://youtu.be/AlTia_WueSY

still holding pretty well no emotion as the shit has been down so much no longer hurts to look at. Especially I am not going to take it out until it game changes something in my life. Paying off my car - new suit new something.

Yeah, I think this is very valid. I've seen a very interesting wall in place in Eth the past few days at the 1040 range. I think really attempting to keep it down in a short position. I feel like they'll try and drive it down a bit more until 1/26 when they can cash in on their short futures and then we'll start to see the rise again.

Is something called 'tether' being used to prop up bitcoin while sharps bail? https://tonyarcieri.com/the-tether-conundrum

Interesting read. It's hard for me to imagine that a) they really have $1.7B in hard cash reserves and b) that anyone would invest money in a blockchain vehicle whose value is tied to the USD, when they could just own USD. Smells very ponzi-ish, and that ponzi could be what's propping up BTC at $10-$11k.

When everyone is crowing about how much money they are making, you are dealing with a bubble. My guess is that the only people who will end up making any substantial real-world money on this have already sold.

Sounds like a post from every January since 2013

Buckle up and read this with an open mind...

Interesting to think that it’s possible the CME group is responsible for building the value of Bitcoin up artificially over the 2-3 months leading up to their futures trading and then dumping the majority of the coins they bought at the same time the futures contracts went into effect where they bet on the price dropping.

It’s brilliant, really.

They profited HUGELY on Bitcoin, itself...profited HUGELY on the futures contracts and now will be able to re-buy Bitcoin at a dramatic discount while also profiting on the next round of futures contracts where they will likely bet on the price increasing. Or do another round of shorting it...to ultimately buy it all back for “pennies on the dollar”

The more I think about this being the fairly probable reality of the situation, the more it makes me want to get my money out to see what happens on the 26th/27th...when the next round of futures contracts start.

There was a Wall Street prominent trader that called for Bitcoin to hit 1000 in 2018...if that happens, the whole crypto market would have a massive drop from today...


...


I also find it VERY INTERESTING that during the last month (where CME has artificially manipulated the price of bitcoin) bitcoin is down 25.02% while Ethereum is up 43.32%.

LET ME SAY THAT AGAIN FOR THOSE THAT DIDNT CATCH IT...IN THE LAST MONTH, BITCOIN IS DOWN 25% while Ethereum is up 43%.

That’s a HUGE SWING.

I think Ethereum would be the top crypto right now if it weren’t for CMEs involvement with Bitcoin.

ITS BECAUSE CME BOUGHT UP BILLIONS IN BITCOIN TO PROP UP THE PRICE BEFORE FUTURES TRADING OPENED AND THEN DUMPED IT ALL ON OVERSEAS EXCHANGES TO HIDE THE TRAIL!

Ethereum dropped a similar amount as bitcoin during the crash CME caused, but has bounced back to 80% of its high (people are buying into the superior technology)..while Bitcoin has struggled to get back to 60% of its high without CME artificially pumping up the price.

Gonna be interesting to see what happens on January 26th/27th.

What do you feel about litecoin?

I’m not a fan of a company that it’s founder sold off all of his coins.

Tech wise, it’s decent, though.

It got all the upgrades bitcoin got, iirc. It was kinda used as an alternative to bitcoin when the network is congested. It’s also the cheapest crypto on coinbase...so it’s possible a lot of people will buy it in the coming months.

I’m with taco on Cardano and ripple now that they have dropped in price...but Ethereum is gonna be the one bitcoin hands the baton off to. Ethereum has a lot of upgrades its working on that will pump the price up.

Just a friendly reminder, these are not shares in a company...yet! Today people are simply accumulating stake in a network that they believe will gain utility and adoption in the future.

One day soon (and hopefully not due to catastrophic failure) companies will begin issuing shares on a blockchain.

I agree that they manipulated the price with their futures contracts. But I see the opposite happening next. They'll pump it up again and go the long on this contract.

At least I hope...

I think a smart move is to pull all or half capital out of all cryptos within a day the contracts expire.

There have been a ton of sell orders placed at fairly low levels (12k for bitcoin and 1100 on Ethereum. Lots of people trying to get $ out at the short term peak.

Imo a lot of that is due to fear the market is going to drop significantly again and people want to protect their profits this time around.

Yesterday they had a guy on sqwak box saying Bitcoin will hit 30,000 by year end

Today they had a guy on saying it could go to 0.

I'm glad I'm in Litecoin. they don't talk about that.

zero fee crypto trades on the horizon:

https://techcrunch.com/2018/01/25/fr...y-trading-app/

Over 200k on the list for this already. Yowza.

Ripple is a scam - hard pass.

Litecoin is soooooo much more than what you've described. It's LN's test ground and will have atomic swaps pronto.

<iframe width="560" height="315" src="https://www.youtube.com/embed/NhieGgf219Y" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

GDAX has no fees on limit trades

Well...my understanding with GDAX is essentially one party always pays a fee. If you place an order that is immediately filled...you pay fee. (You fill someone elses order)

If you place an order...and someone fills it, they pay the fee.

So unless you always wait for someone to fill your orders, youll end up paying fees.

That's true. It's limit buying but most of the time you can set one and get it bought within a minute or two. I kind of like setting a low limit buy down to where I think it'll drop to and then placing a sell limit on how high I think it'll go. If you want an instant buy because your afraid some big increase or decrease is going to happen, you can do it. It's a 0.25% fee on Bitcoin, 0.3% on LTC and ETH.

https://arstechnica.com/information-...f-blockchange/

Two new cryptocurrency heists make off with over $400M worth of blockchange

Coincheck sincerely apologizes for the inconvenience.

SEAN GALLAGHER - 1/26/2018, 3:55 PM



The Japanese cryptocurrency exchange Coincheck has shut down trading and withdrawals from accounts after a reported theft of more than 500 million XEM—the blockchain-based cryptocurrency created by the NEM Foundation. At the time of the theft, 500 million XEM was worth approximately $400 million US. Police were reportedly at Coincheck’s offices.

Coincheck announced the shutdown of NEM deposits at about noon Japan Standard Time Friday (10:00pm Eastern Time on Thursday). In a follow-up announcement four hours later, a company spokesperson expanded the shutdown to all currencies, and by 6pm JST all payment processing had been suspended. “We sincerely apologize for these inconveniences and will continue to do our best to be back to normal operations as soon as possible,” the spokesperson wrote. At about the same time, police were seen at Coincheck’s offices.

Ars attempted to reach representatives of Coincheck and the NEM Foundation without success. Lon Wong, the president of the NEM Foundation, was quoted by Sead Fadilpašić and Stuart Garlick of Cryptonews.com as saying, “This is the biggest theft in the history of the world.” Wong told Cryptonews that NEM’s technology was not responsible and that Coincheck did not implement NEM’s multi-signature smart contract, “and that's why they could have been hacked. They were very relaxed with their security measures.” It is not clear if there was actually a “hack” at this point.

Issues with smart contracts have resulted in other recent cryptocurrency woes. In November 2017, a bug in multi-party contracts in Ethereum wallets developed by Parity Technologies Ltd. led to the "freezing" of $280 million worth of the cryptocurrency when someone inserted code into a wallet that essentially linked the wallet to all Ethereum multi-party contracts—and then deleted it, cancelling every contract. The bug has not yet been resolved as Parity examines multiple options for a fix.

This latest theft comes a week after it was revealed that the relatively small sum of $4 million worth of IOTA cryptocurrency had been stolen from investors’ wallets. That incident is thanks to what IOTA founder David Sønstebø characterized in an interview with Rachel McIntosh of the cryptocurrency news site Finance Magnates as a “phishing website” masquerading as a legitimate tool for creating the cryptographic seed for IOTA wallets:

What actually happened was a lot of unfortunate users were generating their unique seed (which is what you derive your password from) from a false website, a phishing website. It was meticulously crafted in such a way that it ended up being at the top of a Google search for IOTA seed generator, it was the first thing listed in the ads…So, this malicious actor essentially had people go there, and he/she created a website that looked very legitimate to new users. Therefore, they trusted it, and generated a seed there. That essentially means that they gave away their private key to a thief. It’s equivalent to giving your keys to someone as you go into a store, and then coming back out to find that your car is gone.

IOTA wallet seeds are a string of 81 (preferably randomly generated) characters. However, the tool at iotaseed.io apparently also stored data about each seed generated along with information about the wallet it was associated with, allowing whoever was running the site (or whoever hijacked it) to simply wait until wallets were filled and then cash them out. The offending site is currently down—replaced with a message: “Taken down. Apologies.”

https://arstechnica.com/information-...f-blockchange/

So apparently shit is hitting the fan with tether. You guys still HODL?

Absolutely. This tether fiasco getting resolved one way or another is the best thing that could possibly happen to crypto.

Lots of negativity on CNBC about Crypto. I had to put my fingers in my ears.

Bitcoin was invented by white people to hide money from black people.

Roy Wood jr.

If Tether doesn't even have ALL cash reserves, then it's bad. All it takes is negative press to hurt speculation. And if they are legit broke then it could be super bad bad. Not 80% of the value bad, I don't buy that. But certainly a huge huge dip that could last for a while. It could really hurt the momentum and give people a bad taste in their mouth. The Mt Gox thing happened on a smaller scale and while Bitcoin & crypto wasn't well known to almost anyone and it still crashed like a mofugger.

If Tether proves dollar for dollar cash reserves, we could see a boom. At least that is my best guess.

In hindsight, I wish I would have sold most of mine at 20k BTC and waited until the the dip to re-invest.

Why? Your local bank only carries 10%.

Because they said they had 100% reserves, and they're not backed by the FDIC.

Bought a bunch of Monero. Finally got tired of waiting. Dipped enough.

Thoughts on the Bitcoin crash?