What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Ren's old crypto thread || we know how to buy this stuff now (1 Viewer)

Lots of red in the coins on Binance. Being at work doesn’t allow me to take small gains and watch it go down. Time to hold and wait for the weekend to maneuver things. 

 
bit the bullet and signed up for kucoin.  bought some railbocks, closely eyeing some deep brain chain.  2 years ago that wouldn't even have qualified as english.  still maybe not.  we do it tho

 
Last edited by a moderator:
So once again I’ll preface by saying don’t take my advice because it’s an opinion and not a fact. Plus I’m no expert. But in my opinion Substratum is a Top 20 project sitting at market cap rank #80. It will probably dip soon after a nice rise. I thought it would take a bit to be a $500 mil cap but it is close right now. If it’s a top 20 coin (and I believe it to be a project worthy of that merit) it would hold a 2.5 billion market cap which would be around low ~$9/coin you should hopefully be able to get around $1.50-$1.75 soon. There is a lot of shilling right now for coins that are just cheap but have no merit. If Sub’s Beta is successful, and it’s coming soon as well as a presentation of the platform in January, it’s going to be big. Please, do your own research though. Read the white paper, watch the presentations on YouTube, take some time to digest if some dummy (me) on the internet could be right.

 
Last edited by a moderator:
[icon] said:
Why do you say this? 
Click to expand...
Because he probably watched last year when it kept playing around with the $400 mark and now is unlikely to see it again short of catastrophe and he’s not wrong as long as the total market cap continues to expand. Until total growth slows or stops or until the ICO’s go away from ETH it’s going to keep growing, either slowly or in fast shifts.

 
Bojang0301 said:
Because he probably watched last year when it kept playing around with the $400 mark and now is unlikely to see it again short of catastrophe and he’s not wrong as long as the total market cap continues to expand. Until total growth slows or stops or until the ICO’s go away from ETH it’s going to keep growing, either slowly or in fast shifts.
Click to expand...
I exchanged all but one of my ether to gold at roughly $462, really just to lock in some profit at the time.  At the time the price had just barely touched under $500.  The entire year for ethereum was a story of hitting a new all-time high and then bleeding money to bitcoin.  The support for ethereum had been around 300 for most of the year.  

Naturally the second I swapped out of eth the market figured out how useless bitcoin is and alt money started flying everywhere.  I've gotten pretty good at not dwelling on decisions that turn out wrong.  

Locking up 10k in something stable made sense didn't it?  It's hard watching eth float off into the sunset knowing I let it set sail without me.  ? 

 
One of my gf's coworkers is a math major and wants to sit down with me and learn about the market.  Like not just to get rich but genuinely interested in the machinery of it all.  

Despite how crazy the speculation has been, and how overbought Bitcoin is, I think we're still quite far from market saturation.  Maybe 2% of the population has heard of Bitcoin before.  Maybe 2% of that demographic has heard of alts before.  The real question is how much of this stuff will people actually be using in 5-10 years?  

 
ren hoek said:
One of my gf's coworkers is a math major and wants to sit down with me and learn about the market.  Like not just to get rich but genuinely interested in the machinery of it all.  

Despite how crazy the speculation has been, and how overbought Bitcoin is, I think we're still quite far from market saturation.  Maybe 2% of the population has heard of Bitcoin before.  Maybe 2% of that demographic has heard of alts before.  The real question is how much of this stuff will people actually be using in 5-10 years?  
Click to expand...
Need easier access to markets. This is lagging. ETRADE and others should get in the game.

 
ren hoek said:
One of my gf's coworkers is a math major and wants to sit down with me and learn about the market.  Like not just to get rich but genuinely interested in the machinery of it all.  

Despite how crazy the speculation has been, and how overbought Bitcoin is, I think we're still quite far from market saturation.  Maybe 2% of the population has heard of Bitcoin before.  Maybe 2% of that demographic has heard of alts before.  The real question is how much of this stuff will people actually be using in 5-10 years?  
Click to expand...
Why would people not be using it?  It is a far superior concept to the debt-based currencies being peddled by the government.  Banks and governments will be the biggest obstacles but in some ways they really can't stop them.  Maybe governments will attempt to criminalize the usage of crypto-currencies.  

 
Megaton said:
Why would people not be using it?  It is a far superior concept to the debt-based currencies being peddled by the government.  Banks and governments will be the biggest obstacles but in some ways they really can't stop them.  Maybe governments will attempt to criminalize the usage of crypto-currencies.  
Click to expand...
I agree.  As evidenced by stuff like Apple Pay and Walmart Pay, people aren't really jumping at the opportunity to use their phone for payments.  But then using fiat currency with a phone as opposed to a card isn't remotely as compelling as using crypto.  

I think they certainly will down the road, especially when states come out with their ponzi cryptos.  Actual use of these currencies is still extremely niche in the physical world, although ecommerce is coming around very quickly.  Wait and see.  

 
Coinbase was really easy to setup and start using.  But are limited to a select few coins.  Any place you can get on to buy Ripple or RaiBlocks?  Seems like everyone is backed up for weeks.  

 
ren hoek said:
I exchanged all but one of my ether to gold at roughly $462, really just to lock in some profit at the time.  At the time the price had just barely touched under $500.  The entire year for ethereum was a story of hitting a new all-time high and then bleeding money to bitcoin.  The support for ethereum had been around 300 for most of the year.  

Naturally the second I swapped out of eth the market figured out how useless bitcoin is and alt money started flying everywhere.  I've gotten pretty good at not dwelling on decisions that turn out wrong.  

Locking up 10k in something stable made sense didn't it?  It's hard watching eth float off into the sunset knowing I let it set sail without me.  ? 
Click to expand...
290b market cap is $2900/coin... just saying

 
ren hoek said:
The big BAT rise has felt a little insider tradery.

https://twitter.com/brian_armstrong/status/847521850980614145

https://twitter.com/coinbase/status/948995520973889536

I think the announcement was to absolve themselves of the appearance of impropriety if/when they do decide to add it.  It's about as solid as any other altcoin in existence really.  
Click to expand...
It’s a good project that actually has tangible functionality. Dare someone to say that about half of the top 20 coins.

 
Also since this is an ETH thread... Quantstamp (QSP) is a platform that continuously audits smart contracts. If you believe in ETH, I don’t see how you can’t hold a little of that.

 
hagmania said:
Yeah, BAT is my first all-in.

Coinbase announcement imminent imo.
Click to expand...
%s are a little wonky as I sit tight on ETH and wait on XRB to come through on Kucoin from Bitgrail.

Currently at 63% BAT, 15% ETH, 14% XRB, 4% BTC, 4% XLM

Spreadsheet up and running tonight. :D

 
Last edited by a moderator:
Tried to be clever and beat the recent downtrends of BAT, XRP, and TRX. I switched a few out for others but in the last 18 hours, BNB, was the winner. Should have just left the money sit in the BNB and I'd be much better off. Simple holdings now consist of... before/after...

BAT - 900 / 583

XRP - 509 / 600

TRX - 746 / 0

Banking on XRP right now to get me back to where I was earlier in the week. Patience, I guess.

 
I WILL NEVER...EVER...EVER DEAL WITH BITGRAIL AGAIN. 

As SOON as I can get my XRB out of there and into Binance Im deleting my ####### account. What a POS ### system 

 
[icon] said:
Why do you say this? 
Click to expand...
I'm firmly in the camp that ETH will shine in 2018 and sub 1k pricing on it will look like an absolute steal over time.  It's the only major coin with real utility.  I completely respect the wider market of newer coins and the huge potential for profit there, but it's just not my expertise so I don't mess with it personally.

The Casper Alpha for ETH is still 0.1 but, it's working.  There are governments investigating ETH as a platform for polling/voting records.  It's blockchain you can build anything on top of.

This is all speculative as hell, so we all have to plant our flags somewhere.  I bought in early and I just make a standard deposit every month.

 
Last edited by a moderator:
hagmania said:
%s are a little wonky as I sit tight on ETH and wait on XRB to come through on Kucoin from Bitgrail.

Currently at 63% BAT, 15% ETH, 14% XRB, 4% BTC, 4% XLM

Spreadsheet up and running tonight. :D
Click to expand...
#######it I will get around to this sheet.

Took ETH down to 4% and put it into DBC. Slowly converting BAT to DBC, thanks for the bump.

 
You must log in or register to reply here.

Users who are viewing this thread

Total: 1 (members: 0, guests: 1)
Back
Top