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re: Official CryptoTalk Thread

Posted on 6/17/17 at 1:52 am to
Posted by The Boat
Member since Oct 2008
176165 posts
Posted on 6/17/17 at 1:52 am to
LTC sucks cock. I wouldn't invest anything in it.
Posted by engvol
england
Member since Sep 2009
5318 posts
Posted on 6/17/17 at 8:14 am to
The way i understand it is LTC is designed to take the strain away from BTC and be used for the small transactions to allow btc to focus on large ones

As a result strong BTC = strong LTC


I could be wildly off base though. I initially bought in on LTC but the switched it all over to ETH
This post was edited on 6/17/17 at 8:15 am
Posted by MSTiger33
Member since Oct 2007
21504 posts
Posted on 6/17/17 at 1:02 pm to
I am sitting on a few Ripple with the hope that it starts moving in the right directionl
Posted by bee Rye
New orleans
Member since Jan 2006
34468 posts
Posted on 6/17/17 at 1:53 pm to
quote:

Buying Ethereum/CryptoTalk by The Boat LTC sucks cock. I wouldn't invest anything in it.
oh yeah?
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2891 posts
Posted on 6/17/17 at 2:28 pm to
ETC is proving again why you should hedge ETH with ETC. IDK if its bump today is emerald announcement anticipation or simply a delayed rise with ETH but it could see more incline if the emerald announcement satisfies.
This post was edited on 6/17/17 at 2:29 pm
Posted by schwartzy
New Orleans
Member since May 2014
9947 posts
Posted on 6/17/17 at 2:36 pm to
What influences the rise and fall of these values? And can I buy other cryptocurrency like Dash and Eth Classic on Coinbase?
Litecoin has gone up bigly. 47% in a day
This post was edited on 6/17/17 at 2:47 pm
Posted by The Boat
Member since Oct 2008
176165 posts
Posted on 6/17/17 at 4:19 pm to
Yeah. Day trade it only. That shite has no hodl value.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42271 posts
Posted on 6/17/17 at 5:45 pm to
ETH has some work to do if it's going to hit the 400 I predicted for Sunday
Posted by TomRollTideRitter
Member since Aug 2016
13219 posts
Posted on 6/17/17 at 6:00 pm to
quote:

What influences the rise and fall of these values?


CNBC articles, other news, mostly speculation

quote:

And can I buy other cryptocurrency like Dash and Eth Classic on Coinbase?


No. I would recommend using gdax over Coinbase for BTC and ETH. If you want to trade alt coins, Poloniex is good.

Posted by dkreller
Laffy
Member since Jan 2009
33620 posts
Posted on 6/17/17 at 6:13 pm to
Hey Boat...any truth to this thread on the OT?

LINK
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/17/17 at 11:07 pm to
Looking at multiple markets gave me a realization that arbitrage maybe the way to do things. Is transfer speed between accounts pretty quick or how long does it take from gdax to poloneix or coinbase or bitfinex to move money around?
Posted by Special K
Member since Jun 2011
1166 posts
Posted on 6/17/17 at 11:11 pm to
GDAX to poloniex has taken between 5 and 20 minutes for me
Posted by kc8876
Member since May 2012
3624 posts
Posted on 6/17/17 at 11:48 pm to
quote:

Looking at multiple markets gave me a realization that arbitrage maybe the way to do things. Is transfer speed between accounts pretty quick or how long does it take from gdax to poloneix or coinbase or bitfinex to move money around?


I thought about doing it, but I would bet the transfer times are gonna end up fricking me and costing me more money than it's worth
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/17/17 at 11:56 pm to
(no message)
This post was edited on 2/8/18 at 12:50 am
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/18/17 at 12:03 am to
quote:

would imagine unless you're dealing with tens of thousands of dollars, it wouldn't be worth it. Even then what are you going to make, a few hundred a day? If that




At $100 per day(thats 500 transactions at .20 profit very conservative)
36,500 extra bucks a year seems like a decent deal.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/18/17 at 12:05 am to
Although if transfer speefs suck thats a whole different problem as the corrections maybe quicker than the transfer it sounds like.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/18/17 at 12:50 am to
(no message)
This post was edited on 2/8/18 at 12:51 am
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/18/17 at 10:08 am to
quote:

That's basically sitting at your computer all day doing it as a full time job.

All the markets have APIs. This woukd be a bot who checks each price market once a second.

Then would either transfer in or use current balance to buy and sell.

Sounds like the real problem is transfer speed. I was afraid it would be the issue.

Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/18/17 at 6:50 pm to
Agree with the transfer speed.


Is the interest in all of this slowing down?
Posted by Vicks Kennel Club
29-24 #BlewDat
Member since Dec 2010
31211 posts
Posted on 6/18/17 at 7:01 pm to
What is everyone's thoughts on iota so far? The tangle concept is certainly intriguing, but do you any of you foresee as something that could surpass the alt coins in terms of investment. Good buy and hold? Buy and sell for a little profit? Do not buy?
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