Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Who are you referring to?
     
  2. Odin

    Odin social distancing since 1990
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    me

    he doesn't like me because i take full advantage of my disability and the support i am offered because of it
     
  3. wheyum

    wheyum Well-Known Member
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    Would love to hear legitimate reasoning for #4. FCT is one of few coins that has a working product and unique well thought out model for a very large targeted market.
    Sure you're less likely to 3x this week. However a year from now 90% of your shitcoins will be gone and FCT will continue to grow.
     
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  4. gatordmd8

    gatordmd8 Well-Known Member
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    I Bought and sold it a few times before New Years when btc was going up and down like crazy.
     
  5. Gallant Knight

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    Odin telling gatorfromiowa that he's losing money by not investing in shitcoins is hilarious.
     
  6. jrmy

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    I think that's his point. It will continue to grow but it's being outgrown by most of the rest of the top 100.
     
  7. Odin

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    and what makes that hilarious to you?

    not that i'm suggesting he should invest in shitcoins at all.
     
  8. aspenbuff

    aspenbuff Well-Known Member
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    There is a ton of overvalued shit out there right now. The ones with working products and relatively low supply (high unit price compared to market cap) are the least likely to fall into this category. FCT fits that bill.
     
  9. Pharm

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    I hate giving people advice on money, much less criticizing people. When you are playing with a bankroll its a lot harder to invest in some shitcoin. Im sure gatorfromiowa and bburtioes are doing just fine. Im sure Odin is doing what is right for him. Different people, different situations Can we stop with this shit.
     
  10. HuskerInMiami

    HuskerInMiami Well-Known Member
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    How fishy does this look:

    upload_2018-1-12_11-29-46.png
    That's a lot of people buying .01 and .0026BTC of factom at one time....
     
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  11. Odin

    Odin social distancing since 1990
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    if you're looking to maintain value check out tether
     
  12. jrmy

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  13. Gallant Knight

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    The guy asking what people's opinions were on tether was one of the funnier posts in this thread
     
  14. aspenbuff

    aspenbuff Well-Known Member
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    I'm looking for investments, not get rich quick schemes.
     
  15. Odin

    Odin social distancing since 1990
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    Had a friend tell me yesterday he bought some tether. I told him he should stick to selling weed.
     
  16. Odin

    Odin social distancing since 1990
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    You say get rich quick schemes, I say short term investments
     
  17. Guns

    Guns horse paste aficionado
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    time to buy more Factoids
     
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  18. wheyum

    wheyum Well-Known Member
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    But at this point most of those coins are speculative. You don't benefit from the growth if they don't exist when you go to cash out. My portfolio was $5k higher just 2 days ago.
    An S&P500 mutual fund will outperform 90% of financial advisers. Winning the trading game long term isn't easy.

    There are so many different strategies it's mainly important to be cognizant of the risks. I subscribe to this mindset:

     
  19. jrmy

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    Just bought more VEN

    Bounce mf’er
     
  20. New user

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    I'm cool with Odin doing whatever is best for him.

    For me, that's not day trading on a bunch of stuff I know nothing about besides someone on twitter said it might shoot up soon (oversimplification but you get the point). I have a decent amount of money in this, and much like bburritos I'd like to think I'm investing into things long-term that will still be around when most of this shit with zero use isn't. I don't have the stomach or the balls to put over 6 figures into shit on a whim.

    And fwiw I'm up over half a mil (again on a much higher investment but money is money), so things are just fine for now.
     
  21. Dale Doback

    Dale Doback Well-Known Member
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    Did you say at one point you do real estate on the side? or am i making that up
     
  22. Baseballman86

    Baseballman86 Well-Known Member
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    This is obvious, but What the coins have done in the last year has absolutely nothing to do with what they do going forward. I can see the appeal of a more stable coin that’s unlikely to just flatline overnight.

    If you buy a $0.05 shitcoin or something that has tripled overnight, you may be buying at the absolutely peak of the bubble. That’s less likely in something like FCT. If you’re throwing a $100 dart, sure it’s not the right one for a lotto ticket. But if you’re investing significant money for a long timeline, it may be a great fit.
     
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  23. Odin

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    I'll can agree with all of that.

    I dont have anything to do except dyor and stare at charts. Im here to turn thousands into as much as i possibly can while the market is doing what its doing. It is basically my only chance to live the life i want to live. Market might go to shit later today and never recover, so i have to make what i can while i can.

    You can just throw a ton of money at any coin you like and take what you get. Wish i could do the same, but thats not reality.
     
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  24. bburritos

    bburritos Guest

    Also, most of these coins are just shooting up based on fake hype and marketing. Factom did no marketing to the crypto space last year. They were working on more important things... That will change in 2018. As their CMO said:

    "the last year we've been really focused on the mortgage market, there's a lot of revenue, and a lot problems to be solved and we've gotten A LOTT of traction there"

    "we've been really focused on that and the crypto community feels slighted because we've spent all of our marketing energy on that market .. SO NOW THAT WE'VE REALLY GOT TRACTION ON THAT AND WE FEEL THAT WE'RE THE NUMBER 1 IN TERMS OF MINDSHARE FOR BLOCKSPACE IN THE MORTGAGE MARKET, WE'RE PIVOTING BACK TO THE GENERAL CRYPTO MARKET"
     
  25. New user

    New user Well-Known Member
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    I own 3 rental properties. Lawyer full-time though.
     
  26. Dale Doback

    Dale Doback Well-Known Member
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    Got ya. Thats what i would like to do. I'm sitting in a mediation as we speak. What kind of law?
     
  27. New user

    New user Well-Known Member
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    Employment (primarily employment lit).
     
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  28. —

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  29. kinghill

    kinghill Cool American Flavour
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    Gentlemen,

    The year is 2018 and we're at the main table.
    We've pushed our chips into the middle.
    No fear.
    We have no control of what happens next, so there is no worry.
    There exists only a hint of excitement.
    A smile of anticipation at the possible outcomes.
    We could have not sat and kept our chips tucked safely away.
    But we chose differently.
    We chose this journey.
    I'm glad my chips are in.
     
  30. Odin

    Odin social distancing since 1990
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  31. theregionsitter

    theregionsitter Well-Known Member
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    BTC just jogging place
     
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  32. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    I will go so far as to say I like several of you.
     
  33. Bankz

    Bankz Well-Known Member
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    I knew it!!!!
     
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  34. Bankz

    Bankz Well-Known Member
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    So right now I buy in via my bank account into coinbase > Transfer to GDAX > Transfer to KuCoin > Invest into coin

    Its like a 14 day process.

    Is there a way to skip a step or make this quicker?
     
  35. Joe Withabee

    Joe Withabee PS I have sifulus
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    Wire transfer
     
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  36. Bankz

    Bankz Well-Known Member
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    to GDAX ?
     
  37. Joe Withabee

    Joe Withabee PS I have sifulus
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    You can do it to either GDAX or Coinbase
     
  38. Joe Withabee

    Joe Withabee PS I have sifulus
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    Depending on your bank, if you do it by ~2 pm today you should have it by before 6 pm. If not, it should clear monday
     
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  39. CF3234

    CF3234 Fan of: Bandwagons
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    it shouldn't take 14 days. 7 days for the buy to clear on coinbase then 24 hours max for the rest of it. you must be making a mistake somewhere along the way.
     
  40. Bankz

    Bankz Well-Known Member
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    thanks
     
  41. Space

    Space slicked back hair, white suit, sloppy steaks
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    How long did wire take for coinbase? Been 3 days for me and nothing...
     
  42. Joe Withabee

    Joe Withabee PS I have sifulus
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    I haven't had one not show up same day
     
  43. Space

    Space slicked back hair, white suit, sloppy steaks
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    Well fuck me
     
  44. Gallant Knight

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    One of mine showed up next day
     
  45. Bankz

    Bankz Well-Known Member
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    Do you wire transfer into BTC or another coin
     
  46. Joe Withabee

    Joe Withabee PS I have sifulus
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    You wire cash into your USD wallet, then buy whatever.
     
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  47. Louis Holth

    Louis Holth but we also just might be those motherfuckers
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    “Hi Wells Fargo could you please wire 12,000 trons into my CB? I’ll wait. “
     
  48. reflux

    reflux Swagriculture
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    Anybody making money today? My portfolio is still stagnant.
     
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  49. CF3234

    CF3234 Fan of: Bandwagons
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    made about 2% but still down a ton from the past week
     
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