Bitcoin @ 7k and dropping bad...

slokor · #**133** 05-14-2018

If you ask Empirestate its going down to $3k lol

rsot · #**134** 05-14-2018

Quote:

Originally Posted by slokor

If you ask Empirestate its going down to $3k lol

Too funny

nate · #**135** 05-14-2018

If we're lucky it'll, drop back down there. The goal should be to take up as much real-estate on the Blockchain as possible. I really don't want to do that at prices above 10k.

If your only looking for fast money (not my thing/high risk) your better off with small market cap coins. The smaller the cap the easier the push to 10x. For BTC to 10x we'd have to be at 80k and change. Not going to happen any time soon. There is too much of a psychological barrier. No one is going to want to spend that much for a coin. FOMO will make people make bad decisions, but not that bad.

Raven Coin would be the type of small cap coin to look for, its only listed on a decentralized exchange (Crypto Bridge), it had no pre-sale, pre-mine, or dev tax. It uses a ASIC resistant algo called X16R that cycles through multiple algo's making it very difficult to design a ASIC for. The CEO of OverStock has invested a lot into the project and when and if it does get listed on a big exchange the price will most likely 10x.

The problem I have with it besides the name/brand is, I dont see it solving any major world problems any time soon or possibly ever. And I'm not totally sold on the Dev team. They're from MIT but like I said, I'm not sold.

Play · #**136** 05-14-2018

Nate - Do you know any companies solely working on blockchain (and doing a good job)?

P.S. talking specifically of blockchain tech. as oppose to bitcoin.

nate · #**137** 05-14-2018

No, not really.. I like the concept behind SIA coin. But I dont know if they are doing a good job. I do know that when I went to import my SIA coin from my paper wallet it took 4 days to sync the block chain, then while it was importing my transactions it said complete, even tho all my transactions were not complete which made me think I lost my coins. That left a bad taste in my mouth that should be something easy to design. Which leads me to believe they are not.

Ethereum is doing a good job. But I'm not 100% sure they solve any word problems yet. And they have too much control over the project, also there is the issue with them possibly being a security. But I doubt the SEC will come down on them for their ICO pre-sale. Now they are a utility token. There is also the problem with changing from POW to Proof of Stake. From everything I've heard nothing but Proof of Work will truely work out and keep a project decentralized. But I do believe that ETH will at least 3-5x in the next year or so.

But when it comes to making money with Crypto nothing makes sense... A lot of the people investing are young and stupid. So the normal rules dont apply

BTW, WTF is Emprie selling that he isnt verified for? His tag says unverified seller.

Let me find out it's Nano (RiaBlocks)

LuckyGuy99 · #**138** 05-15-2018

I had saved 1k$ in 2011 to buy an Ipad 3. I could buy 3333 bitcoins for that money (0.30$ per bitcoin). And I could make almost 60 million dollars.
Damn.

Seems like I bought an Ipad 3 for 60M$ lol.

nate · #**139** 05-15-2018

Quote:

Originally Posted by LuckyGuy99

Seems like I bought an Ipad 3 for 60M$ lol.

These people that have no faith in BTC because they are unable to buy everyday items with it need to be looking at it that way to get out the ether... And I'm not talking about Ethereum....

The next halving is only 2 years away. You'd be feeling sick April of 2020 if you bought some dumb sh!t with BTC today.

LuckyGuy99 · #**140** 05-15-2018

Quote:

Originally Posted by nate

These people that have no faith in BTC because they are unable to buy everyday items with it need to be looking at it that way to get out the ether... And I'm not talking about Ethereum....

The next halving is only 2 years away. You'd be feeling sick April of 2020 if you bought some dumb sh!t with BTC today.

I was a student in 2011 and I had no idea what the bitcoin was.

nate · #**141** 05-15-2018

you didn't understand my english....

I said everyone needs to think as you do.

H4ck · #**142** 05-25-2018

https://www.bloomberg.com/news/artic...criminal-probe

crypto is going in the red in the double digits during US crypto trading hours...........because of this information.

twocupsstuffed · #**143** 05-27-2018

Quote:

Originally Posted by jarsky541

https://www.bloomberg.com/news/artic...criminal-probe

crypto is going in the red in the double digits during US crypto trading hours...........because of this information.

Interesting.

Upa09 · #**144** 05-28-2018

Where can I find more information about this ICO events https://besticoinvest2018.com/ ? Could you share with me your thoughts?

nate · #**145** 05-29-2018

99.99% of ICO's are scams... or they will fail because they dont realize yet that what they want to do is a lot harder to accomplish than they think.

Not much different from buying a loto ticket.

Unless you have a sh!t ton of money to blow... There are better ways to invest.

I'd suggest everyone start depositing money right now into Coinbase to move to GDAX...

Anything under 7k is a good buy (x3 returns from ATH).... I set buy orders at 7k, 6.5k, 6k, 5.5k and 5k...

The next halving is less than 23 months away.... (April 2020). There is a 99.99% chance that BTC will at least double in price before than.

duffrageous · #**146** 06-01-2018

If you are saving money or looking for the right time to invest, you should be rooting for a return to the 3k level. Holding isn't a great strategy in this downtrend. I've been fortunate enough to almost break even since January's high through luck and taking advantage of people that hold through every bounce although I mostly hold myself. I had 5btc in BCN right before it 30xed on binance thanks to an insider API alert a few days earlier, but Poloniex froze my withdrawal due to their buggy wallet, so I couldn't even sell for 10x profit. I ended up selling at 1.5x profit when they returned my BCN 3 days later. Hitbtc users got their withdrawals hours later and were able to sell at 2-20x profits. Maybe I'll get a crypto lawyer, but I doubt there would be any success in that.

You should work on ICOs, exchanges, marketing, crypto hedge funds, or anything crypto related instead of holding. Those are better places for your funds. I'd say sell 50% of your crytpo holdings and use the proceeds toward crypto businesses. I'm in a 300-member crypto discord whose owner charges .05btc a month just for various calls and relays. I just want to get away from trading or holding as soon as posible.

rsot · #**147** 06-03-2018

Pretty stagnant with the btc at the moment

rsot · #**148** 06-05-2018

Where's the boss empirestate?

nate · #**149** 06-05-2018

Think he split after getting labeled unauthorized seller. Maybe he made a stealth account and is laying low???

Ebayorbust · #**150** 06-05-2018

Quote:

Originally Posted by nate

Think he split after getting labeled unauthorized seller. Maybe he made a stealth account and is laying low???

No, can't be that as most of the stealth accounts he was making were being sold on the sly.

nate · #**151** 06-05-2018

Quote:

Originally Posted by Ebayorbust

No, can't be that as most of the stealth accounts he was making were being sold on the sly.

I was meaning a Aspkin stealth account for the forum.

rsot · #**152** 06-05-2018

Quote:

Originally Posted by Ebayorbust

No, can't be that as most of the stealth accounts he was making were being sold on the sly.

Hah oof - guess I missed that part.

iloveghosts · #**153** 06-08-2018

BTC will be 30k soon. It start from summer as always.

newjerseymax · #**154** 06-08-2018

"Anything under 7k is a good buy (x3 returns from ATH).... I set buy orders at 7k, 6.5k, 6k, 5.5k and 5k..."

My targets are near 5k