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MahiMike 01-07-2021 03:24 PM

Quote:

Originally Posted by eDave (Post 15452876)
Move off of that. High, high fees and always crashes during a nice run. At least move to Coinbase Pro for lower fees. Kraken is my choice.

Coinbase is FDIC insured though.

Hog's Gone Fishin 01-07-2021 04:35 PM

When this guy speaks you better ****ing listen!

<iframe width="560" height="315" src="https://www.youtube.com/embed/o4JEVCLJxDw" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

BWillie 01-07-2021 05:58 PM

Quote:

Originally Posted by MahiMike (Post 15453291)
Coinbase is FDIC insured though.

You guys actually keep your crypto sitting on exchanges and online? You crazy. Hard wallet. Offline. Store them in many diff areas. I don't even have access to some of my keys unless I take a flight.

I do no trading nor buying of any crypto this much I assure you. Just hodl.

Nirvana58 01-07-2021 06:32 PM

You can always buy and sale bitcoin on Robinhood.

eDave 01-07-2021 06:33 PM

Quote:

Originally Posted by Nirvana58 (Post 15454038)
You can always buy and sale bitcoin on Robinhood.

Kinda.

Nirvana58 01-07-2021 06:37 PM

Quote:

Originally Posted by eDave (Post 15454040)
Kinda.

I have bitcoin that I bought on Robinhood. I am missing something?

big nasty kcnut 01-07-2021 06:39 PM

I'm using Robin Hood to invest in bitcoin.

Jewish Rabbi 01-07-2021 07:12 PM

Quote:

Originally Posted by Nirvana58 (Post 15454058)
I have bitcoin that I bought on Robinhood. I am missing something?

Yes.

eDave 01-07-2021 08:28 PM

Robinhood is price leveraging, but you dont own the coins. It's a derivative, meaning you are buying and selling contracts for the difference in price, not in bitcoin.

Your transactions in Robinhood do not affect bitcoin price at all. In fact, Robinhood is a detriment to bitcoin, though a recommended tutorial before you join an exchange and start buying actual bitcoins.

You can transact with bitcoin through Robinhood, I believe. Cashapp deals in real coin, but limited to $2,500/mo.

diqlix 01-07-2021 08:39 PM

Quote:

Originally Posted by Nirvana58 (Post 15454058)
I have bitcoin that I bought on Robinhood. I am missing something?

No.

Just the “coin” itself.

which most people don’t care about

we just want the profit

eDave 01-08-2021 08:10 AM

https://trends.google.com/trends/exp...=buy%20bitcoin

George Liquor 01-08-2021 08:15 AM

I use cashapp but like I've said previously, I usually buy then transfer straight to my online poker site.

scho63 01-08-2021 08:31 AM

Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.

eDave 01-08-2021 08:33 AM

Quote:

Originally Posted by scho63 (Post 15455043)
Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.

This is good for bitcoin.

ChiefRocka 01-08-2021 09:50 AM

Quote:

Originally Posted by scho63 (Post 15455043)
Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.

Don't disagree on the ultimate outcome, just the timing. I keep asking myself where do I think the trillions that have just been "gifted" to corporations and banks will go in the next 6-12 months....offshore, traditional equities, private equities at least until the can stops being kicked?

Lastly, I'll just end in saying that simple savings accounts are good things. Not all finances need to be gambled on markets. :thumb:

Hog's Gone Fishin 01-08-2021 10:46 AM

Quote:

Originally Posted by scho63 (Post 15455043)
Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.

Got trailing SL's on all my runners.

BWillie 01-08-2021 10:55 AM

Mood:

<iframe width="560" height="315" src="https://www.youtube.com/embed/RwkNnMrsx7Q" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

BWillie 01-08-2021 11:01 AM

Quote:

Originally Posted by scho63 (Post 15455043)
Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.

I think people are going to be ready to spend like crazy once everywhere is maskless again and we have a hold of this virus. There are tons of people who really haven't been doing shit for a year now. No vacations. No out to eat. They are ready to let loose. And alot of them just have been saving during that time.

SuperBowl4 01-08-2021 01:04 PM

Quote:

Originally Posted by BWillie (Post 15455418)
I think people are going to be ready to spend like crazy once everywhere is maskless again and we have a hold of this virus. There are tons of people who really haven't been doing shit for a year now. No vacations. No out to eat. They are ready to let loose. And alot of them just have been saving during that time.

Things are never going back to normal. The mask mandate loving Joe Biden will set you straight. Just a hundred days will be exactly like two weeks to flatten the curve. get used to "the new normal" because things are never going to be like pre C0 vids

lewdog 01-08-2021 01:11 PM

Quote:

Originally Posted by scho63 (Post 15455043)
Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.

Timing a crash or even a correction is impossible. People have been saying what you’re saying for 3+ years now.

I think 2021 continues to bull with vaccine rollout, economic recovery and people ready to start spending money.

I think it’s easier to follow the current positive trend but follow positions with stop losses to preserve capital in a downturn.

Bill Brasky 01-08-2021 01:18 PM

Quote:

Originally Posted by lewdog (Post 15455922)
I think 2021 continues to bull with vaccine rollout, economic recovery and people ready to start spending money.
.

Goldman Sachs agrees with you.

eDave 01-08-2021 01:19 PM

Roaring 20's is my view on things.

Jewish Rabbi 01-08-2021 02:31 PM

Quote:

Originally Posted by SuperBowl4 (Post 15455895)
Things are never going back to normal. The mask mandate loving Joe Biden will set you straight. Just a hundred days will be exactly like two weeks to flatten the curve. get used to "the new normal" because things are never going to be like pre C0 vids

Go ****ing kill yourself

Bearcat 01-08-2021 02:35 PM

Quote:

Originally Posted by SuperBowl4 (Post 15455895)
Things are never going back to normal. The mask mandate loving Joe Biden will set you straight. Just a hundred days will be exactly like two weeks to flatten the curve. get used to "the new normal" because things are never going to be like pre C0 vids

Booted.

dlphg9 01-08-2021 02:36 PM

Quote:

Originally Posted by Bearcat (Post 15456217)
Booted.

Thanks Bearcat. You sexy as hell.

George Liquor 01-08-2021 04:01 PM

I think I'm just going to set my cashapp to do a $50/week purchase of bitcoin when I get paid.

It will eventually add up, right? Treat it like any other standard paycheck deduction.

loochy 01-08-2021 06:51 PM

Quote:

Originally Posted by BDj23 (Post 15456470)
I think I'm just going to set my cashapp to do a $50/week purchase of bitcoin when I get paid.

It will eventually add up, right? Treat it like any other standard paycheck deduction.

Yeah, but it'd be better to buy a lump now for better multiplier action

eDave 01-08-2021 06:56 PM

Quote:

Originally Posted by loochy (Post 15457042)
Yeah, but it'd be better to buy a lump now for better multiplier action

I firmly believe every single person on this planet should move their entire cash savings account to BTC. At least one coin worth if you scared. It blows my mind this isn't happening. For real. It's how I started. No DCA or nothing, like the girls do.

BWillie 01-08-2021 07:07 PM

Quote:

Originally Posted by eDave (Post 15457069)
I firmly believe every single person on this planet should move their entire cash savings account to BTC. At least one coin worth if you scared. It blows my mind this isn't happening. For real. It's how I started. No DCA or nothing, like the girls do.

As it currently stands it would take a super computer about the entire time until our sun burnt out to crack your bitcoin private key. But what if quantum computing gets more and more advanced? The day one 24-word private key is broken, bitcoin is worthless overnight. With that said, any password protected account would pretty much be the end as well.

R Clark 01-08-2021 07:45 PM

Quote:

Originally Posted by SuperBowl4 (Post 15455895)
Things are never going back to normal. The mask mandate loving Joe Biden will set you straight. Just a hundred days will be exactly like two weeks to flatten the curve. get used to "the new normal" because things are never going to be like pre C0 vids

Almost as bad as your cassel post

scho63 01-08-2021 08:33 PM

Quote:

Originally Posted by lewdog (Post 15455922)
Timing a crash or even a correction is impossible. People have been saying what you’re saying for 3+ years now.

I think 2021 continues to bull with vaccine rollout, economic recovery and people ready to start spending money.

I think it’s easier to follow the current positive trend but follow positions with stop losses to preserve capital in a downturn.

1. I get trying to time a crash. Not very likely. Just nearly all my signals are flashing red. Only positive is low margin levels and debt.

2. Stop losses are worthless if a stock opens down $40 and you had a stop loss only down $10.

3. Stocks are leading indicators usually 6 months out. This market is squeezing every bit of future good news out in today's prices.

Don't wanna rain on anyone's parade but I called 1987 (2) months before the crash when I liquidated all my assets and saw the last one coming when people who earned $30,000 were getting approved for $500,000 mortgages with 5% down.

Just get a little defensive and don't lean too far over your ski tips. :thumb:

Hog's Gone Fishin 01-09-2021 01:15 AM

Every market has come back from a crash. Let the mother ****er crash, just don't sell all your shit like a fool.

Bitcoin has had 3 80% corrections too. Look where it's at. Don't sell shit!

eDave 01-10-2021 03:36 PM

Did you get some today?

https://i.ibb.co/YcHHpKW/Dip.jpg

BWillie 01-10-2021 03:52 PM

Quote:

Originally Posted by eDave (Post 15464609)
Did you get some today?

https://i.ibb.co/YcHHpKW/Dip.jpg

It will probably crash back down to 20k.

MahiMike 01-10-2021 10:11 PM

Felt like a crash was coming. Swapped some BTC for eth yesterday.

Jewish Rabbi 01-10-2021 11:46 PM

Quote:

Originally Posted by MahiMike (Post 15467312)
Felt like a crash was coming. Swapped some BTC for eth yesterday.

ETH is down more than BTC in the last 24 hours but good job I guess?

Hog's Gone Fishin 01-11-2021 05:18 AM

If we get another huge correction I'm getting in this time. but it needs to be an 80% correction.

BWillie 01-11-2021 11:23 AM

Good news. I found 6.5 eth I forgot I had, so there is that. Now if I can figure out how to get some of the lost bitcoin off of Yobit. When I was new to crypto I had some on there to dick around with, and backed up by google authenticator. That phone went poof and now I have no idea how to access it. It's only like 0.2 btc but still annoying.

Hog's Gone Fishin 01-11-2021 12:42 PM

Quote:

Originally Posted by BWillie (Post 15468517)
Good news. I found 6.5 eth I forgot I had, so there is that. Now if I can figure out how to get some of the lost bitcoin off of Yobit. When I was new to crypto I had some on there to dick around with, and backed up by google authenticator. That phone went poof and now I have no idea how to access it. It's only like 0.2 btc but still annoying.

Yeah, I've got some litecoin but can't access my coinbase account because I changed my email address 2 years ago.

dlphg9 01-11-2021 02:24 PM

Hmmm wonder how long this crash will last. Hopefully it dips down pretty deep and I can time the rebound nicely.

BossChief 01-11-2021 03:05 PM

Who’s going to try to catch a falling knife?

loochy 01-11-2021 03:13 PM

Quote:

Originally Posted by BossChief (Post 15469231)
Who’s going to try to catch a falling knife?


meh. it looks like the knife already fell and is sitting on the floor right now


just wait for the USG to do something stupid again and it will shoot back up

Demonpenz 01-11-2021 06:16 PM

Quote:

Originally Posted by BossChief (Post 15469231)
Who’s going to try to catch a falling knife?

i took out 2 grand so took the loss don't have the balls to watch my money fall to shit.

Demonpenz 01-11-2021 06:17 PM

oof that litecoin. lite coin and xrp is my shit. xrp was already pretty low but I got out at like 160 in litecoin.

loochy 01-11-2021 07:34 PM

Quote:

Originally Posted by Demonpenz (Post 15469730)
i took out 2 grand so took the loss don't have the balls to watch my money fall to shit.

Just hodl man. It'll come back.

crispystl 01-11-2021 08:50 PM

Quote:

Originally Posted by loochy (Post 15469885)
Just hodl man. It'll come back.


I agree with this. Just accumulate and hodl


Sent from my iPhone using Tapatalk

BWillie 01-12-2021 12:50 AM

Quote:

Originally Posted by crispystl (Post 15470028)
I agree with this. Just accumulate and hodl


Sent from my iPhone using Tapatalk

Only thing I'm good at is doing nothing.

SAGA45 01-12-2021 10:49 AM

Quote:

Originally Posted by Hog's Gone Fishin (Post 15468722)
Yeah, I've got some litecoin but can't access my coinbase account because I changed my email address 2 years ago.

I read a recent article about a guy in Frisco with $220 mil worth of Bitcoin on an Iron Key that he can't access because he lost his password. He's on his eighth attempt. At 10 it locks forever.

Hog's Gone Fishin 01-12-2021 12:12 PM

Quote:

Originally Posted by SAGA45 (Post 15470904)
I read a recent article about a guy in Frisco with $220 mil worth of Bitcoin on an Iron Key that he can't access because he lost his password. He's on his eighth attempt. At 10 it locks forever.

Oh man, can you imagine attempt number #9 how painful that would be knowing if it fails you got 1 shot and only 1 shot left.

Pants 01-12-2021 12:14 PM

Quote:

Originally Posted by SAGA45 (Post 15470904)
I read a recent article about a guy in Frisco with $220 mil worth of Bitcoin on an Iron Key that he can't access because he lost his password. He's on his eighth attempt. At 10 it locks forever.

That's almost worse than being like me and never bothering to get any Bitcoin to begin with. I was fully aware of it when it was literally worth nothing.

eDave 01-12-2021 12:15 PM

Bitcoin Makes Swift 20 Percent Recovery as Banks Prepare to Post Major Losses
  • Citigroup Inc is expected to show a 42% decline for the last three months of the previous year.
  • Analysts predict Wells Fargo & Co will suffer a similar drop of around 39%.
  • Next week Bank of America Corp will release their own quarterly report, which is expected to show a profit decline of 33%.

eDave 01-12-2021 12:16 PM

Quote:

Originally Posted by Hog's Gone Fishin (Post 15471139)
Oh man, can you imagine attempt number #9 how painful that would be knowing if it fails you got 1 shot and only 1 shot left.

<iframe width="520" height="420" src="https://www.youtube.com/embed/tR1ECf4sEpw" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

loochy 01-12-2021 12:18 PM

Quote:

Originally Posted by eDave (Post 15471152)
Bitcoin Makes Swift 20 Percent Recovery as Banks Prepare to Post Major Losses


Bitcoin drops 20% as random man sneezes


Bitcoin makes swift 20% recover as random man sneezes AGAIN

ChiefRocka 01-12-2021 12:50 PM

Quote:

Originally Posted by SAGA45 (Post 15470904)
I read a recent article about a guy in Frisco with $220 mil worth of Bitcoin on an Iron Key that he can't access because he lost his password. He's on his eighth attempt. At 10 it locks forever.

Shoutout to my boy CAPSLOCK from the old forum

BWillie 01-12-2021 12:50 PM

There is a chance Bitcoin craters to like 4k if Tether is a scam. I believe they were investigated 2018 and everything ended up legit but there is certainly the potential for fraud especially since they've printed two billion dollars worth of backed tokens in the last week alone.

Being they were investigated in 2018 and provided as far as I know the needed bank statements and legal documentation required you would think they would be ready for this. So alot less worried about tether than I was in 2018.

ChiefRocka 01-12-2021 12:53 PM

Quote:

Originally Posted by loochy (Post 15471162)
Bitcoin drops 20% as random man sneezes


Bitcoin makes swift 20% recover as random man sneezes AGAIN


DJIA drops 33% as world sneezes, DJIA up 40% as world still sneezes


Money printer go BRRRRRRRRRFDFRFFPPPPP

loochy 01-12-2021 12:54 PM

Quote:

Originally Posted by ChiefRocka (Post 15471261)
DJIA drops 33% as world sneezes, DJIA up 40% as world still sneezes


Money printer go BRRRRRRRRRFDFRFFPPPPP


F that money printer. That's why I'm in BTC to begin with.

Jewish Rabbi 01-12-2021 12:58 PM

Quote:

Originally Posted by BWillie (Post 15471257)
There is a chance Bitcoin craters to like 4k if Tether is a scam. I believe they were investigated 2018 and everything ended up legit but there is certainly the potential for fraud especially since they've printed two billion dollars worth of backed tokens in the last week alone.

Being they were investigated in 2018 and provided as far as I know the needed bank statements and legal documentation required you would think they would be ready for this. So alot less worried about tether than I was in 2018.

FUD

ghak99 01-12-2021 09:08 PM

Quote:

Originally Posted by SAGA45 (Post 15470904)
I read a recent article about a guy in Frisco with $220 mil worth of Bitcoin on an Iron Key that he can't access because he lost his password. He's on his eighth attempt. At 10 it locks forever.

My god, that's insane.

BWillie 01-13-2021 04:12 AM

Quote:

Originally Posted by SAGA45 (Post 15470904)
I read a recent article about a guy in Frisco with $220 mil worth of Bitcoin on an Iron Key that he can't access because he lost his password. He's on his eighth attempt. At 10 it locks forever.

Thats fantastic. The more dead bitcoin the better. Lowers supply.

Hog's Gone Fishin 01-13-2021 08:32 AM

Quote:

Originally Posted by BWillie (Post 15472863)
Thats fantastic. The more dead bitcoin the better. Lowers supply.

The 200 million is not relevant because that figure depends on what day he quoted that price. Could be only 150 million right now. But still

eDave 01-14-2021 06:11 PM

DXI about to go below its 21d moving avg. Meaning BTC will set new ATH within the next 48h. If it does dip below, expect prices in the low 50's. DXI as an indicator is 99% right. Strong dollar is not good for bitcoin.

Current price: 39,500ish

BWillie 01-14-2021 09:07 PM

Quote:

Originally Posted by eDave (Post 15476427)
DXI about to go below its 21d moving avg. Meaning BTC will set new ATH within the next 48h. If it does dep below, expect prices in the low 50's. DXI as an indicator is 99% right. Strong dollar is not good for bitcoin.

Current price: 39,500ish

Im probably unloading at 50k and just laying around for five decades

MahiMike 01-14-2021 09:11 PM

Polkadot up 54% in last week. Shoulda bought more...

eDave 01-14-2021 09:31 PM

Reading the first 2 pages of this thread is entertaining. So much FUD. Hog told me I probably wasn't cut out for this. :)

ChiefRocka 01-19-2021 08:11 AM

ETHERTIME

MahiMike 01-19-2021 08:12 AM

Quote:

Originally Posted by ChiefRocka (Post 15490632)
ETHERTIME

Yup. That's the play.

lewdog 01-21-2021 08:59 AM

Buy the dip!!!!

BWillie 01-21-2021 11:08 AM

Quote:

Originally Posted by ChiefRocka (Post 15490632)
ETHERTIME

What do you know about Eth 2.0?

I heard if you have 31 eth you can control your own coins and stake it. You can "stake" even your bitcoin on exchanges but I ain't putting any of my coin on exchanges.

I'm still soured by Ethereum because they don't have safeguarded receiving addresses like BTC. I once sent like 7 eth and since I didn't capitalize one of the letters it was lost for ever. ****ing stupid. Maybe that has changed with eth 2.0. Eth is my 3rd most held coin behind LTC and BTC but I don't do anything with it.

lewdog 01-23-2021 08:53 PM

Buy this new dip!!!!

lewdog 01-24-2021 12:36 PM

Seriously, tell me how to play this? Are we going sub $30k here?

ChiefRocka 01-24-2021 12:44 PM

new intro vids

aka pump my bags

ChiefRocka 01-24-2021 12:54 PM

Quote:

Originally Posted by BWillie (Post 15496186)
What do you know about Eth 2.0?

I heard if you have 31 eth you can control your own coins and stake it. You can "stake" even your bitcoin on exchanges but I ain't putting any of my coin on exchanges.

32 only required to to run your own node. You can do with less via decentralized services like RocketPool.

Quote:

I'm still soured by Ethereum because they don't have safeguarded receiving addresses like BTC. I once sent like 7 eth and since I didn't capitalize one of the letters it was lost for ever. ****ing stupid. Maybe that has changed with eth 2.0. Eth is my 3rd most held coin behind LTC and BTC but I don't do anything with it.
Ethereum public addresses have never been case-sensitive.

Jewish Rabbi 01-24-2021 01:07 PM

Quote:

Originally Posted by ChiefRocka (Post 15502568)
new intro vids

aka pump my bags

I’ve long been a believer in VET. Can’t believe it hasn’t really taken off yet.

ChiefRocka 01-24-2021 01:24 PM

Quote:

Originally Posted by Jewish Rabbi (Post 15502636)
I’ve long been a believer in VET. Can’t believe it hasn’t really taken off yet.

Agreed. THOR Power is dumb tho, need to rename that shit.

BWillie 01-24-2021 01:53 PM

Quote:

Originally Posted by ChiefRocka (Post 15502594)
32 only required to to run your own node. You can do with less via decentralized services like RocketPool.



Ethereum public addresses have never been case-sensitive.

Perhaps it was one letter off then. It was quite a while ago when I was new to crypto and I only really use btc for payments to ppl but btc addys seem more safeguarded towards that sort of thing. Now I make sure to just use QR code

eDave 02-05-2021 08:42 PM

Going parabolic again. 39.8.

This is good for bitcoin.

Demonpenz 02-05-2021 08:45 PM

Quote:

Originally Posted by eDave (Post 15529685)
Going parabolic again. 39.8.

This is good for bitcoin.

the whales heard Staylor26 was banned and decided to make their move.

BWillie 02-05-2021 09:43 PM

Quote:

Originally Posted by eDave (Post 15529685)
Going parabolic again. 39.8.

This is good for bitcoin.

Hype that the gubment gonna be printing trillions of dollars devaluating USD is very helpful to BTC.

LFG!!!

eDave 02-05-2021 10:22 PM

Quote:

Originally Posted by BWillie (Post 15529777)
Hype that the gubment gonna be printing trillions of dollars devaluating USD is very helpful to BTC.

LFG!!!

Yea. While being pretty volatile, BTC is pretty easy to read with just a few indicators. Been contemplating doubling my investment but that puts me outside my acceptable risk when It come to cabbage.


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