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re: Official CryptoTalk Thread

Posted on 8/18/17 at 11:26 pm to
Posted by bee Rye
New orleans
Member since Jan 2006
33962 posts
Posted on 8/18/17 at 11:26 pm to
If it breaks through to $50 I don't see $70 being that far off
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/19/17 at 7:55 am to
So I've been doing the Bitcoin, Litecoin, Ethereum coin for awhile now.
I just downloaded bittrex and curious, do I need to transfer coins or can you do it with USD? From searching their help it only mentions coins.

Also, what is the opinion on Ripple
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56290 posts
Posted on 8/19/17 at 8:02 am to
With Ripple being big banking's coin, I've seen several smart people say they don't like it.

I think you have to buy into Bittrex with coins, not USD. Then you can swap for the other ALTS.

That's pretty typical.
Posted by mtcheral
BR
Member since Oct 2008
1941 posts
Posted on 8/19/17 at 8:02 am to
You need to transfer coins, bitcoin or eth will work. If you look on Bittrex, they have markets to buy other coins with both btc and eth.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/19/17 at 8:10 am to
Yeah I see that, just wasn't sure....
How hard is it to transfer coins?
Posted by mtcheral
BR
Member since Oct 2008
1941 posts
Posted on 8/19/17 at 8:14 am to
Easy. Scary at first but it gets better.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56290 posts
Posted on 8/19/17 at 10:27 am to
Just make damn sure to verify that if you are transferring ETH, you are using the ETH deposit address of teh wallet or exchange you are moving it to.

And if moving BTC, you are using the BTC deposit address.
Posted by YipSkiddlyDooo
Member since Apr 2013
3640 posts
Posted on 8/19/17 at 10:46 am to
well Dash was a nice ATH surprise to wake up to. New x11 ASICs make a few crypto nerds I follow on twitter very high on DASH and subsequently MUE (supposedly next most developed x11 coin). I still sold this AM for 40% so that I could board the next rocket...

Hopefully PAY does something sooner rather than later

Oh and am I the only one that looks at all these technical guys and their charts and think it's kinda dumb at worst and a sort of self fulfilling prophecy at best?
This post was edited on 8/19/17 at 11:10 am
Posted by MoarKilometers
Member since Apr 2015
17967 posts
Posted on 8/19/17 at 11:06 am to
quote:

Oh and am I the only one that looks at all these technical guys and their charts and think it's kinda dumb at best and a sort of self fulfilling prophecy at worst?

If you build it, they will come. I miss dash being super shady and going by dark. It was sub $5 then too I mined crypto for a while, so i actually do buy into all that shite. Equipment and power aren't free, and i truly believe hash power is normally a leading indicator of price.
Posted by dkreller
Laffy
Member since Jan 2009
30333 posts
Posted on 8/19/17 at 11:11 am to
My portfolio is bloody right now.
Posted by YipSkiddlyDooo
Member since Apr 2013
3640 posts
Posted on 8/19/17 at 11:16 am to
No I get the mining guys and their predictions based on hash rate or returns/profitability of mining a specific coin. I'm talking about the falling wedges, cup and handle, head and shoulders stuff
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3469 posts
Posted on 8/19/17 at 1:00 pm to
quote:

subsequently MUE (supposedly next most developed x11 coin)


check out the order chart for it right now, granted in 10 minutes that could flip

picked some up at 0.000039 on the dip and volume and price heading up on it currently. Thanks for the tip.

This post was edited on 8/19/17 at 2:24 pm
Posted by YipSkiddlyDooo
Member since Apr 2013
3640 posts
Posted on 8/19/17 at 2:43 pm to
Anytime. I'm more than happy to post what I find. I've never understood the secrecy from some. Nor do I understand the folks who always seem to come in after some unexpected pump and tell us all how they got in days ago...just forgot to mention it apparently...
Posted by Jones
Member since Oct 2005
90545 posts
Posted on 8/19/17 at 4:23 pm to
Stay away from ripple imo
Posted by Jones
Member since Oct 2005
90545 posts
Posted on 8/19/17 at 4:26 pm to
quote:


Oh and am I the only one that looks at all these technical guys and their charts and think it's kinda dumb at worst and a sort of self fulfilling prophecy at best?


On one hand, some of the predictions pan out and I guess learning the subject pays off. On the other, some of the best peoples forecast ends up completely wrong with their 200 charts and graphs.

I think graphs don't mean shite this past week with the alts
Posted by jondavid11
benton,la
Member since Aug 2007
1152 posts
Posted on 8/19/17 at 4:38 pm to
I have some Ripple that I"m just holding because there are a lot of smart folks and the banks behind it. Having said that, I think for that very reason people don't like it and me included. Kind of goes against what Bitcoin was created for. I am not adding to it. Just keeping it because they aren't just going to give up their biz to all this crypto stuff.

I think new money would be put to better use on other coins.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 8/19/17 at 4:45 pm to
Yeah, I just wanted to kinda spread out a little money along a few different coins
Posted by bee Rye
New orleans
Member since Jan 2006
33962 posts
Posted on 8/19/17 at 4:58 pm to
quote:

I think graphs don't mean shite this past week with the alts


Neo went on a textbook head and shoulders this week. There is something behind those charts, it's just not quite the same as stocks. This stuff is too new and too volitile to read exactly like the stock market, but some of the trends still hold up IMO
Posted by Jones
Member since Oct 2005
90545 posts
Posted on 8/19/17 at 5:05 pm to
Ah yea we saw it and charted it out on Wednesday morning.

1 coin though, and it happened to be the one with the most volume.
Posted by Hatcher Hall Shrink
Jackson, MS
Member since Dec 2016
192 posts
Posted on 8/19/17 at 6:18 pm to
Been on the road the last few days and listened to a lot of crypto podcasts and they were taking up Stratus, Civic, and DNT. My ETH finally arrived at Coinbase. Ready to buy. Looking to pick up OMG and NEO and maybe head to Liqui and pick up INC.
Any thoughts???
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