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re: Official CryptoTalk Thread

Posted on 5/25/17 at 9:50 pm to
Posted by SoFresh
New Orleans
Member since May 2010
3079 posts
Posted on 5/25/17 at 9:50 pm to
I'm not surprised. They are all dependent on similar technology. I think of all of them having high "betas" relative to the entire cryptocurrency market
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 5/25/17 at 9:56 pm to
quote:

It wasn't your phone. CB is shite.

I quit CB. I'm using gemini
Posted by Sho Nuff
Oahu
Member since Feb 2009
13567 posts
Posted on 5/25/17 at 10:05 pm to
quote:

Because, I, for one, don't know of any other way to buy GNT specifically. You can buy ETH straight up.



Ah, understood

GNT is Golem? I think I want to buy some of that. I signed up for Kraken last night and those guys still haven't verified me. I want to buy some damn ETH and Coinbase made me miss when it was lower because I can't sign up in Hawaii. Should I be trying to buy asap or does anyone think a little dip is in order because this was a mad rush these last few days. I hate missing out
Posted by Sho Nuff
Oahu
Member since Feb 2009
13567 posts
Posted on 5/25/17 at 10:09 pm to
Should I try Polo instead or is Kraken better?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40438 posts
Posted on 5/25/17 at 10:17 pm to
quote:

I think I've figured out a trend guys...these times are CST 2am-9am: Major pumping 9am-2pm: Boring sideways movement 2pm-9pm: Dumping (sometimes big volume, sometimes not) 9pm-2am: Slow consolidation and movement upwards anyone else noticed this pattern?


Not making a prediction of the future or anything, but as soon as patterns are discovered they usually disappear in my experience.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/25/17 at 10:18 pm to
fri, sat, and sun had some massive gains last week, fwiw

but that was an anticipation of news, etc
This post was edited on 5/25/17 at 10:20 pm
Posted by UnluckyTiger
Member since Sep 2003
42021 posts
Posted on 5/25/17 at 10:19 pm to
Was reading the licenses on Coinbase and came across this for Louisiana:

"Please note the license issued to Coinbase by the Louisiana Office of Financial Institutions does not cover the exchange or transmission of virtual currency."

What does that technically mean by "does not cover the exchange or transmission of virtual currency?" Even though Louisiana has a money transmitter license.
Posted by mb810
Member since Dec 2011
259 posts
Posted on 5/25/17 at 10:43 pm to
Finally got mine deposited in the wallet. Let's go...

TO THE MOON!
Posted by Sho Nuff
Oahu
Member since Feb 2009
13567 posts
Posted on 5/25/17 at 10:51 pm to
quote:

Your initial deposit into Polo has to be either ETH or BTC.

So once these shitbags at Kraken verify me, should I go ahead and buy a BTC or 2 and then transfer that into Polo and buy ETH that way? Or would you just buy ETH directly from Kraken and just stay with them. I guess I don't understand why Polo if you use Kraken. Please help
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42263 posts
Posted on 5/25/17 at 10:59 pm to
He's banned
Posted by dkreller
Laffy
Member since Jan 2009
33560 posts
Posted on 5/25/17 at 11:00 pm to
It all depends on what you want to invest in. Polo seems to have more currencies.

Oh and keep in mind that you don't need to purchase a whole coin...whichever one it might be.

You can invest any arbitrary amount of USD into any coin...no matter how small.

eta google the top crypto exchanges. You'll find a site that compares them all.
This post was edited on 5/25/17 at 11:02 pm
Posted by Sho Nuff
Oahu
Member since Feb 2009
13567 posts
Posted on 5/25/17 at 11:04 pm to
quote:

It all depends on what you want to invest in. Polo seems to have more currencies.

I'm thinking mainly ETH. Maybe some Golem as a flier or any others that are cheap cheap right now that have a chance to shoot up.
quote:

Oh and keep in mind that you don't need to purchase a whole coin...whichever one it might be.

You can invest any arbitrary amount of USD into any coin...no matter how small.

Thanks
quote:

eta google the top crypto exchanges. You'll find a site that compares them all.

Yeah I have Kraken, Polo, coinmarketcap.com/, and tradeblock.com/markets/ all open right now
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/25/17 at 11:07 pm to
(no message)
This post was edited on 2/8/18 at 12:24 am
Posted by SoFresh
New Orleans
Member since May 2010
3079 posts
Posted on 5/25/17 at 11:12 pm to
i agree. eth should be the most valuable atm
Posted by Sho Nuff
Oahu
Member since Feb 2009
13567 posts
Posted on 5/25/17 at 11:13 pm to
quote:

Right now I would maybe buy both btc and eth. Sit on eth and use btc to buy other coins.

My crypto buddies think ether is very undervalued right now, even at 200

That's my thought, now to get verified. So ridiculous. Gemini has ETH at $187 right now while the last on Polo was $176 and $178 on Kraken.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/25/17 at 11:29 pm to
Yea it's frustrating, but keep in mind we are still in the infancy stage
This post was edited on 12/18/17 at 8:58 pm
Posted by Sho Nuff
Oahu
Member since Feb 2009
13567 posts
Posted on 5/25/17 at 11:33 pm to
So here's a csb, my chiropractor starts talking to me about Bitcoin a couple months ago and I laughed and said I wish I bought a couple years ago (when Wiki was talking it up). I visited him last month and I mention ETH (from here) and he says he some of that too. Then he proceeds to tell me about a guy who lives here that has a fund and it's killing it at like 700% returns in the last 30 days. I called the guy and he tells me he's the world's foremost guy, not sure if I should post his name but he sent me a contract and a link to his fund which is killing it. Minimum investment is $50k. I think I've watched too much American greed because I want to do it but I'm scared to lose it all

ETA: His fund has 16 currencies and I guess he can get some us normal folk can't get and he gets on the new ones before anyone else...so he says
This post was edited on 5/25/17 at 11:40 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/25/17 at 11:42 pm to
I'll dvr American greed in 5 years and look for you. Just go by your username here when you give him 50k so I know it's you
Posted by Sho Nuff
Oahu
Member since Feb 2009
13567 posts
Posted on 5/25/17 at 11:48 pm to


That's why I'm on here trying to figure this shite out myself and being cockblocked from Coinbase and now Kraken taking so long.. I just want to buy some damn crypto.

Anyway, my chiro has $50k with him and has to leave it in there for 6 months. I think he's 2 months in so I'll see in 4 months. I don't think I could ever write a $50k check to someone even if his fund is killing it. I just know I'd be the point his Ponzi scheme stopped paying
Posted by KarlMalonesFlipPhone
Member since Sep 2015
3848 posts
Posted on 5/25/17 at 11:51 pm to
Send that baw 50k and prepare your diddly hole.
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