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re: Official CryptoTalk Thread

Posted on 6/12/17 at 8:02 am to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
468607 posts
Posted on 6/12/17 at 8:02 am to
i did a buy-sell yesterday (made a nice 10% profit), so you're all welcome. when i do that, it rockets up

+354% in 1 month
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 6/12/17 at 8:09 am to
Yea its crazy. I guess i keep thinking it will drop a good amount, but it hasn't seemed to drop more than 20% or so over the past two weeks.

I guess I kind of kick myself for not getting in, but from what I read its still early game. Its interesting to see how it performs as it gets higher and higher.

I do wonder if there will be a massive correction or not.

As this is different from Bitcoin, I kind of think that a massive correction or crash wont happen as this has far more value at an enterprise level. At least, that is what I take away from it.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/12/17 at 8:14 am to
I think proof of stake idea warrants more big buyers to acquire and hold knowing they'll need the etherium as gas or bond material for contracts.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
468607 posts
Posted on 6/12/17 at 8:15 am to
quote:

I do wonder if there will be a massive correction or not.

at some point there will have to be. this is a bubble

i still think long term (2-3 years+) it's going to print money though. there are going to be many bumps along the way and some freefalls
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43194 posts
Posted on 6/12/17 at 8:18 am to
Boys

Im feeling frisky this morning....

I made about 15k off of this shite and its still happening!!!
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 6/12/17 at 8:18 am to
quote:

at some point there will have to be. this is a bubble

i still think long term (2-3 years+) it's going to print money though. there are going to be many bumps along the way and some freefalls


Do you think it could pass the value of $3K?
Posted by mb810
Member since Dec 2011
259 posts
Posted on 6/12/17 at 8:20 am to
Let's play devil'a advocate here.

The biggest problem ethereum (and blockchain overall) faces right now is the self-defeating nature of decentralization. As the network and blockchain gets bigger and bigger, it will be increasingly difficult to store/process the blockchain. What kind of solutions exist to overcome this huge fault? I have no doubt that Russian-Canadian Jesus will be working tirelessly to find a solution, if there is one, especially if he has the firepower of the EEA behind him.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42269 posts
Posted on 6/12/17 at 8:21 am to
I guess I'm going to have to sell on Coinbase

Thought I was set up on Gemini but I guess my bank info is still processing fml
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67840 posts
Posted on 6/12/17 at 8:24 am to
We have Singapore to thank for this surge
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/12/17 at 8:24 am to
everytime sfp says we are in bubble this goes up another 100, so lets hope that trend continues
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67840 posts
Posted on 6/12/17 at 8:25 am to
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43194 posts
Posted on 6/12/17 at 8:26 am to
Rocket is there another crypto I should be keeping an eye on that's relatively low that I could possibly buy into cheap and see if it sprouts like ETH?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 6/12/17 at 8:26 am to
quote:

I guess I'm going to have to sell on Coinbase


Transfer your ETH to GDAX. Sell ETH on GDAX for no fee. Transfer directly from GDAX to your bank.

No need to use CB
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
468607 posts
Posted on 6/12/17 at 8:27 am to
quote:

everytime sfp says we are in bubble this goes up another 100, so lets hope that trend continues

hey i want y'all to love me so i'm not quitting
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42269 posts
Posted on 6/12/17 at 8:28 am to
Is it pretty simple to do this?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 6/12/17 at 8:33 am to
Yes

And because they're essentially the same company, the ETH transfer is instant.
Posted by LEASTBAY
Member since Aug 2007
16415 posts
Posted on 6/12/17 at 8:37 am to
Im not selling and buying back anymore. I am making a little money that way but it keeps rocketing up that im sure its the same if I hold it.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42269 posts
Posted on 6/12/17 at 8:37 am to
Can I transfer to GDAX straight from a wallet? Or would I need to transfer to Coinbase first?

I moved some units this morning from my Nano to my Exodus wallet.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/12/17 at 8:37 am to
quote:

Rocket is there another crypto I should be keeping an eye on that's relatively low that I could possibly buy into cheap and see if it sprouts like ETH?


i question the legitimacy of nearly all the alts. with that said, i think in this bull market you can make money on any of them.

i dont believe there is one or two which stand out above the others as far as having ETH potential.

This post was edited on 6/12/17 at 8:38 am
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42269 posts
Posted on 6/12/17 at 8:38 am to
Golem.
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