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

ren hoek said:
I am banking on selling at 5:42pm on April 13th, 2019 EST.  That is the precise moment when all the moving parts between crypto markets, Brave development and grassroots adoption will converge for optimal value. Do not sell a moment sooner

Use it as a learning lesson.  If you keep trying to jump on every wave you're just gonna be chasing bags.  Have the patience to stay put in something for a while.  P.S. ripple is trash 
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https://www.wsj.com/articles/moneygram-signs-deal-to-work-with-currency-startup-ripple-1515679285

Not trying to promote Ripple but isn’t the above, “good news”? I know these coins need adoption but some of these coins, like Ripple above, need some footing and isn’t this offering up some footing?

 
Mario Kart said:
https://www.wsj.com/articles/moneygram-signs-deal-to-work-with-currency-startup-ripple-1515679285

Not trying to promote Ripple but isn’t the above, “good news”? I know these coins need adoption but some of these coins, like Ripple above, need some footing and isn’t this offering up some footing?
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Ripple is controlled by the old school. It's no surprise that they will be able to form partnerships with companies. All they would have to do is apply a little leverage.

But do you really want to help the banks rebuild the future to be exactly the way the current system works?

 
SkyRattlers said:
Ripple is controlled by the old school. It's no surprise that they will be able to form partnerships with companies. All they would have to do is apply a little leverage.

But do you really want to help the banks rebuild the future to be exactly the way the current system works?
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Will it make me money?

 
There's another crypto thread (or two) floating around here, no?  Can somebody @me in that thread, if you're already in it?  TIA

 
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[icon] said:
FYI: The actual "ripple project" of global bank interchange doesn't actually use XRP tokens. Those are just for proftiz and trading. 
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They get a discount on the fees to use XRP so there is incentive for them to actually own the coin as well.

 
Snotbubbles said:
Will it make me money?
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I'm going to step out on a limb and wager that you might be able to find a different coin in this market that might make you a tiny bit of profit....and at the same time not help the banks kill this revolution....

 
SkyRattlers said:
I'm going to step out on a limb and wager that you might be able to find a different coin in this market that might make you a tiny bit of profit....and at the same time not help the banks kill this revolution....
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That's the funny part about people smacking their forehead over not buying ripple.  There's been several hundred x10 investments to make, none of which associated themselves with disgraceful stains on the face of humanity like Bernanke or Lawsky.  

 
What is the app everybody uses to track their MAJOR GAINS? I saw it mentioned in here a few times but forgot to DL it. 

 
Anyone have any experience with the Cobinhood exchange?  They supposedly have no trading fees, and added a few coins today (like BAT and TRX).  Don't know how the speed is and how bad withdrawal fees are, though.

ETA: and, of course, it doesn't work in New York state, so I have to turn on the old VPN to be able to sign in.

 
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Got my spacesuit ready for Monday. T minus 3 days till liftoff.... 

#moon

 
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Garrett said:
ETH under 3k is going to look like a screaming deal on 1/1/19.  ETH/BTC ratio will skyrocket over 2018 2nd/3rd.
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I’ll argue some with this. Regulation is coming. You can hear the whispers all over the US and the globe. So how much will the total market cap rise, not sure. Also assuming ETH maintains as the top viable tech for ICO’s is a bit iffy. They’ve had tech issues recently that have largely been ignored. I love ETH, I think it will either be market cap leader or be fighting back and forth with BTC by the end of the year. All that being said I would be hesistant to make a projection for anything beyond 2018. Anyway I do agree with the message of buy and hold ETH, at very least until it’s over 2k. 

 
Bojang0301 said:
Actually just bought some yesterday. It gives out a “dividend” in the form of Gas which is also attractive.

Here is a fun ETH thread for 2018 projections for us fan boys: https://www.reddit.com/r/CryptoCurrency/comments/7q066h/why_2018_is_ethereums_year_it_will_be_the/

Please keep in mind that a lot of redditors are idiots.
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you using the NEO wallet?  I was holding on Binance until yesterday when I went ahead and downloaded it.  pretty cool design, and you can actually watch your gas accumulate in real time.

 
Peyton Marino said:
you using the NEO wallet?  I was holding on Binance until yesterday when I went ahead and downloaded it.  pretty cool design, and you can actually watch your gas accumulate in real time.
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Oh ####, no I’m just holding it on Binance. I’ll get on it though. Honestly been thinking about putting my BTC stake into NEO and holding. If you put it at LTC’s market cap that’s $1250/coin plus gas. Wish I would have been on it below $100 because I’ve been pondering it awhile.

 
Any reason why I shouldn't make IOTA a big portion of my holdings? It really seems like it answers all the problems with blockchain.......once it gets enough nodes. 

So I guess adoption is one problem and with no benefit for miners (Cogniota???) it could be slow to adopt. Also, it sounds like having a fixed address/storage of your funds on multiple devices is a problem/confusion that they are working on. 

They're also working on smart contracts too.

Am I missing anything?

 
Peyton Marino said:
CURSE WAS RIGHT!!!!!
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Craziest thing evah just happened to me:

So, I went into Trader Joe’s this morning to pick up goods on a list my wife had put together. I walk through the store and compile said goods in a cart. I arrive at the cashier and I tell them that I don’t have money, however, I’ve got these sweet Dogecoins I can pay with. I informed them that unfortunately these coins are trapped in Mt Gox, but when that frees up I can convert them to monero tokens, then switch it to iota, which I can then convert to Either, at which point I’ll transfer to Bitcoin in Kraken when that comes back online in a month and convert that to USD, which should take another week. 

After my explanation, a few managers huddled around and decided it would be best if I paid in USD, so I pulled out this thing called American Express (which is used and accepted by everyone, but somehow worth less than some of the other aforementioned methods of payment) and left with with my goods. 

It was nuts!!!

 
fantasycurse42 said:
Craziest thing evah just happened to me:

So, I went into Trader Joe’s this morning to pick up goods on a list my wife had put together. I walk through the store and compile said goods in a cart. I arrive at the cashier and I tell them that I don’t have money, however, I’ve got these sweet Dogecoins I can pay with. I informed them that unfortunately these coins are trapped in Mt Gox, but when that frees up I can convert them to monero tokens, then switch it to iota, which I can then convert to Either, at which point I’ll transfer to Bitcoin in Kraken when that comes back online in a month and convert that to USD, which should take another week. 

After my explanation, a few managers huddled around and decided it would be best if I paid in USD, so I pulled out this thing called American Express (which is used and accepted by everyone, but somehow worth less than some of the other aforementioned methods of payment) and left with with my goods. 

It was nuts!!!
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I don’t think you understand what crypto currencies are.  

 
Rhythmdoctor said:
I don’t think you understand what crypto currencies are.  
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I don’t think you understand the definition of “currency,” but I digress - I even tried to explain to the store manager that these Dogecoins I was offering would be worth 20 times more when they settled than they are right now... they still wouldn’t accept :kicksrock:

 
Cool story, just tried paying my electric bill in rolex, but the electric co said they don't accept terrible strawmemes

 
ren hoek said:
Cool story, just tried paying my electric bill in rolex, but the electric co said they don't accept terrible strawmemes
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I picked up a 116500 white dial from an AD at MSRP 2 weeks ago... I can sell it for about 60% more than I paid for it right now and have the money wired to me in about 15 minutes, basically the equivalent to USD. 

I bought a 116610 2 years ago, wear it, use it, love it everyday and somehow can sell it for more today than I paid for it, again, USD wired right to my bank account. 

Oh, and this is a hobby with disposable income on products I enjoy, not an investment, so sweet comparison :thumbup:

 
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fantasycurse42 said:
I picked up a 116500 white dial from an AD at MSRP 2 weeks ago... I can sell it for about 60% more than I paid for it right now and have the money wired to me in about 15 minutes, basically the equivalent to USD. 

I bought a 116610 2 years ago, wear it, use it, love it everyday and somehow can sell it for more today than I paid for it, again, USD wired right to my bank account. 

Oh, and this is a hobby with disposable income, not an investment, so sweet comparison :thumbup:
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That's neat.  I can sell all the crypto I've invested in for about 300% of the USD I've put in it.  That's about 17x the 17% gains you were congratulating yourself on in the stock thread.  Guess crypto is way better than stocks and pretty wrist watches.  

 
ren hoek said:
That's neat.  I can sell all the crypto I've invested in for about 300% of the USD I've put in it.  That's about 17x the 17% gains you were congratulating yourself on in the stock thread.  Guess crypto is way better than stocks and pretty wrist watches.  
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I’m sure when it really crashes you’ll tell me you sold at the top :thumbup:

And yes, crypto is def a better investment than stocks :lmao:  

In a decade we’ll compare investments. 

 
fantasycurse42 said:
Craziest thing evah just happened to me:

So, I went into Trader Joe’s this morning to pick up goods on a list my wife had put together. I walk through the store and compile said goods in a cart. I arrive at the cashier and I tell them that I don’t have money, however, I’ve got these sweet Dogecoins I can pay with. I informed them that unfortunately these coins are trapped in Mt Gox, but when that frees up I can convert them to monero tokens, then switch it to iota, which I can then convert to Either, at which point I’ll transfer to Bitcoin in Kraken when that comes back online in a month and convert that to USD, which should take another week. 

After my explanation, a few managers huddled around and decided it would be best if I paid in USD, so I pulled out this thing called American Express (which is used and accepted by everyone, but somehow worth less than some of the other aforementioned methods of payment) and left with with my goods. 

It was nuts!!!
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what

 
Please please please don’t anyone tell FC that Amex is actually using blockchain / Ripple to process some transactions.

I like to be entertained 

 
to be clear here, I'm done trying to help nocoiners realize where they're going wrong in their "analysis" of the space.  will simply default to flippant one liners from here on out.  not really worth the effort anymore.

 
Peyton Marino said:
to be clear here, I'm done trying to help nocoiners realize where they're going wrong in their "analysis" of the space.  will simply default to flippant one liners from here on out.  not really worth the effort anymore.
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ah #### it, one last shot here:

is 'cryptocurency' a misnomer (alternatively: am i ####### clueless about something I like to speak about authoritatively)

Cryptocurrency is a misnomer. Almost none of the hundreds of cryptocurrencies function anything like currencies. To invest in cryptocurrencies is not to engage in foreign exchange trading. Instead, think of cryptocurrencies as digital assets tied to the value of a particular blockchain protocol. Admittedly, one reason for this misconception is that Bitcoin was originally billed as a currency, but in the intervening years since the creation of Bitcoin, a variety of digital assets have emerged and even Bitcoin itself is now best thought of as a store of value rather than a more traditional currency.
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fantasycurse42 said:
Craziest thing evah just happened to me:

So, I went into Trader Joe’s this morning to pick up goods on a list my wife had put together. I walk through the store and compile said goods in a cart. I arrive at the cashier and I tell them that I don’t have money, however, I’ve got these sweet Dogecoins I can pay with. I informed them that unfortunately these coins are trapped in Mt Gox, but when that frees up I can convert them to monero tokens, then switch it to iota, which I can then convert to Either, at which point I’ll transfer to Bitcoin in Kraken when that comes back online in a month and convert that to USD, which should take another week. 

After my explanation, a few managers huddled around and decided it would be best if I paid in USD, so I pulled out this thing called American Express (which is used and accepted by everyone, but somehow worth less than some of the other aforementioned methods of payment) and left with with my goods. 

It was nuts!!!
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wow man cool. Uhhhhh I bought some stuff with USD yesterday too? I even bought a car last week -- crypto never came up once. 

You're trying to do the Otis-lite shtick from 2006 but it's not working out. Like when people compared Harold Minor to Michael Jordan. 

 
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