[P1]

Remember guys, if you believe in cryptocurrency like you all do, please keep your money in cryptocurrency. I don't want anyone here to even THINK about turning any possible profits back into dollars, OK?

[gatorfast]

Originally Posted by P1et

Remember guys, if you believe in cryptocurrency like you all do, please keep your money in cryptocurrency. I don't want anyone here to even THINK about turning any possible profits back into dollars, OK?

I think you are assuming that most people here actually have a good understanding of crypto currencies and aren't just gambling on the latest trend

[Mr Carrots]

Weak hands are helping me buy 2 x as much as I could have got last night for the same dollar amount

Does anyone know how you get coinbase to enable instant transactions?

[FutureHendr1x]

Originally Posted by Mr Carrots

Weak hands are helping me buy 2 x as much as I could have got last night for the same dollar amount

Does anyone know how you get coinbase to enable instant transactions?

Its instant via card/debit. bank accounts are not..instant

[bimmer456]

Originally Posted by FutureHendr1x

Its instant via card/debit. bank accounts are not..instant

It's hit or miss with my credit card, sometimes it goes through and sometimes it doesn't

[Mr Carrots]

Originally Posted by FutureHendr1x

Its instant via card/debit. bank accounts are not..instant

I know this, they're enabling instant bank transfers for some customers but they don't say who gets it

I assume whales only at this point

[BayMoWe335]

Originally Posted by gallian93

Could not the same be said about Gold, sliver and diamonds? They are precious metals and stones only because the bunch of humans got together and said "We like this shinny stuff and there in a limited amount of it...So do we all agree to make it "valuable" "...
Of course one cannot eat gold, or have it help in agriculture or hunting and gathering nor for that matter in developing weapons of war (all stuff humans love doing)
... it serves no "real" purpose in our survival or procreation from a biological perspective...
(except now we understand the that precious metal have unique elector-chemical properties but really unlikely that that was understood when we first all decided to love it)
So if you give someone enough gold they may let you "practice procreation" with them, sure! but it is only because both of them have place value in a metal and the reason is that other around them have done the same....

I am not advocating digital currency all i am pointing out is that real currency had it's start from a gold standard, which at the end of day was just a shinny metal that bends easily...

Somewhat, but Gold actually exists and has a long history, even before markets, of having value. Crypto currency is a new thing and only exists in computers. Personally, I don’t think gold has much value and would much rather own profit producing companies that pay dividends than gold.

[BayMoWe335]

Originally Posted by BuiltnBoostedZ

If you sell in a dip like this, you're an idiot. Its already coming back. Buy buy buy. ITs all on it way back as I type this...I watched ethereum gain $100 in 3 min.

You might be right, but no one really knows how to value it. It’s based on almost nothing other than someone else willing to pay more. It’s gambling. You might wish you sold right now. Obviously, it can move quickly and when the music stops, you don’t want to be the bag holder.

[bimmer456]

Looks like Coinbase halted trading due to high traffic. GBTC stock is up.

[qba335i]

[BuiltnBoostedZ]

Originally Posted by BuiltnBoostedZ

Bitstamp still hasn't verified my account. What a shitty company.

For those going through the same thing, I signed up for Binance. Looks like they sell all the crypto I'm interested in.

Sign up here
https://www.binance.com/?ref=15120997

Bitstamp is now saying 2 weeks for verification. Glad I had coinbase and binance too.

Wire transfer happened in hours on coinbase. Verification took no time.

Sign up here
https://www.coinbase.com/join/59e17a8e0b960700d575fc51

[bimmer456]

Looks like my Ether credit card purchase went through, but it was far from instantaneous and they said they suspended all transactions. Luckily I didn't try to place another purchase though I'm at my limit so it probably wouldn't have gone through.

[stylinexpat]

Originally Posted by P1et

Timberrrrrrrr!!!

If you bought the timber you would have made good money on bounce back

[stylinexpat]

Originally Posted by BayMoWe335

This is when your convicton is tested.

In a sellofff like this, you have no idea why and no fundamentals to fall back on. Could be a buying opportunity, could be on its way to 0.

Like I said, this is the problem with speculation with no real substance other than euphoria. It's fun when it goes up, but what do you do now? Bitcoin isn't producing anything real, making profits, or paying a divided. Its price us purely based on someone else willing to pay more.

Stocks pay crap for dividend these days.

[P1]

Originally Posted by stylinexpat

If you bought the timber you would have made good money on bounce back

If my aunt had a dick, she'd be my uncle!

[BuiltnBoostedZ]

Originally Posted by P1et

If my aunt had a dick, she'd be my uncle!

Did you wake up in the 90s? That's not how that works anymore. Ask Caitlyn.

[P1]

Originally Posted by BuiltnBoostedZ

Did you wake up in the 90s? That's not how that works anymore. Ask Caitlyn.

No, 80s...

[BayMoWe335]

Originally Posted by stylinexpat

Stocks pay crap for dividend these days.

You new at this? Depends on the stock and my point is that companies pay real money to own their stock and also increase in value.

Yields also decrease as stock prices increase and stocks are on fire.

[Mike.]

Im in on verge

[PoorLurker]

Originally Posted by BayMoWe335

You new at this? Depends on the stock and my point is that companies pay real money to own their stock and also increase in value.

Yields also decrease as stock prices increase and stocks are on fire.

Get out of here with all of this stock talk! This is about trading currencies! We're making thousands every day here! It would take decades to make the same in stocks.

You are like the salesman trying to get me to buy a horse! I am out here shopping Model-Ts.

[bimmer456]

Originally Posted by PoorLurker

Get out of here with all of this stock talk! This is about trading currencies! We're making thousands every day here! It would take decades to make the same in stocks.

You are like the salesman trying to get me to buy a horse! I am out here shopping Model-Ts.

I make thousands every day in both stocks and in trading cryptocurrencies. I also lose thousands, but on average over a period of months I'm averaging several thousand dollars a month.

[gatorfast]

Well I make millions a day trading stocks, bonds, pogs, and baseball cards so beat that.