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re: Official CryptoTalk Thread

Posted on 3/12/18 at 6:43 pm to
Posted by auminer
In the Sierras
Member since Feb 2009
217 posts
Posted on 3/12/18 at 6:43 pm to
quote:

WTF is a tether


I have some ETH sitting in USDT waiting to see where I should buy.

I'm thinking that's what he means?
Posted by castorinho
13623 posts
Member since Nov 2010
86565 posts
Posted on 3/12/18 at 7:02 pm to
quote:

have some ETH sitting in USDT
wut
quote:

WTF is a tether

It mirrors the value of the dollar (or should). So if you think the market is going down, you can move your money out of a coin and into it, and then buy back in later and possibly pick up more shares.
Posted by auminer
In the Sierras
Member since Feb 2009
217 posts
Posted on 3/12/18 at 7:20 pm to
When I go to Binance under USDT ETH I have a ETH balance.

Maybe I'm not understanding this, which is highly probable.
Posted by castorinho
13623 posts
Member since Nov 2010
86565 posts
Posted on 3/12/18 at 7:27 pm to
Think of it as a coin that has the value of the dollar. Meaning if you check on coinbase for example and see 1 eth is at 700 bucks, then the eth/USDT pairing should also be close to that on binance
Posted by auminer
In the Sierras
Member since Feb 2009
217 posts
Posted on 3/12/18 at 7:49 pm to
Thanks for the explanation
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/12/18 at 9:31 pm to
Ven pumping again - wtf is going on ?
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2674 posts
Posted on 3/12/18 at 9:55 pm to
The pbc call and apparently people are starting to move coins off of Binance. Getting ready for the x nodes.
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/12/18 at 10:07 pm to
quote:

The pbc call
What was said and who the hell is pbc?
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2674 posts
Posted on 3/12/18 at 10:11 pm to
Palm beach confidential. Apparently a pay for play pump and dump group. Puts out a monthly buy and this month it’s buy ven up to $5. Think they are just anticipating the move of coins for x nodes. The more people that lock their shite up before the 20th the less supply there is which effectively will raise the price.
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/12/18 at 10:20 pm to
Ah gotcha, makes sense. Thanks
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18016 posts
Posted on 3/12/18 at 10:42 pm to
Anyone else see the newest last week tonight? His main segment was on crypto.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/13/18 at 12:04 am to
quote:

hink they are just anticipating the move of coins for x nodes. The more people that lock their shite up before the 20th the less supply there is which effectively will raise the price.


I had heard this pbc leak was from awhile ago and not their actual plan for now
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/13/18 at 2:03 am to
I'm gonna set the rest of my ven to bail at a higher point just in case this keeps pumping overnight
This post was edited on 3/13/18 at 2:03 am
Posted by castorinho
13623 posts
Member since Nov 2010
86565 posts
Posted on 3/13/18 at 5:48 am to
made a nice swing trade on ICX, bought yesterday and set a sell price of 0.0042, wasn't expecting it to hit this fast though.

Going to do the same with Neblio, bought at 0.0165.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 3/13/18 at 8:44 am to
quote:

I'm gonna set the rest of my ven to bail at a higher point just in case this keeps pumping overnight


I set mine at .000461 BTC and it sold overnight. Didn't think it would hit the mark, but looking at the 24hr high, I made a good guess it seems. Heading back down now.

And yes, I have been trading in and out of BTC ever since it appeared that ETH couldn't maintain 10% of BTC's value. I ended up with more BTC after a trade than ETH, so figured it would be better to stockpile on top of that. I still think ETH has more long term upside, but there seem to be too many folks wanting BTC to remain king for the time being.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/13/18 at 9:31 am to
I'm scared for today. We're on the precipice of another drop
Posted by castorinho
13623 posts
Member since Nov 2010
86565 posts
Posted on 3/13/18 at 9:41 am to
Why's bnb soaring
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 3/13/18 at 9:43 am to
quote:

Why's bnb soaring


People tired of paying their trade fees out of their stash.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 3/13/18 at 9:45 am to
quote:

I'm scared for today. We're on the precipice of another drop


Honestly, I have considered BTC my safe harbor. It has dipped, of course, but it rebounds much more predictably than anything else. Some alts NEVER rebound, but BTC has too many ballers invested for it to sink for long. Just gonna hang out with it and see where everything else drops to for now.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/13/18 at 9:47 am to
quote:

And yes, I have been trading in and out of BTC ever since it appeared that ETH couldn't maintain 10% of BTC's value.


Lol good luck with the high fees.
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