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Posted: 10/31/2021 11:49:29 AM EDT
[#1]
If we close at 63k tonight, then I will be convinced that PlanB is actually Satoshi Nakomoto.
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Posted: 10/31/2021 11:56:53 AM EDT
[#2]
Quote HistoryOriginally Posted By swampvol: If we close at 63k tonight, then I will be convinced that PlanB is actually Satoshi Nakomoto. I wish PlanB would call out the bottoms..
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USA
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Posted: 10/31/2021 12:07:47 PM EDT
[Last Edit: Caeser2001]
[#3]
Quote HistoryOriginally Posted By Brahmzy: I wish PlanB would call out the bottoms.. Quote HistoryOriginally Posted By Brahmzy: Originally Posted By swampvol: If we close at 63k tonight, then I will be convinced that PlanB is actually Satoshi Nakomoto. I wish PlanB would call out the bottoms.. You can use the logarithmic chart on the weekly time frame for that. It’s not perfect but it gets you in the ballpark. |
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Posted: 10/31/2021 12:13:18 PM EDT
[#4]
Quote HistoryOriginally Posted By SWOH: I've got some tulip bulbs to sell.... |
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Posted: 10/31/2021 3:25:19 PM EDT
[#5]
Quote HistoryOriginally Posted By TheTech-1: Thats why i think litecoin is more suited for that job, faster transactions, 4x supply but still capped limit. Quote HistoryOriginally Posted By TheTech-1: Originally Posted By goloud: A question for the BTC maxis. Let’s say that five years from now, BTC becomes the world’s reserve currency. Using the max BTC supply and the number of people on the planet, the result is about 270,000 sats per person. That doesn’t include institutional holders, lost coins, and current supply calculations, so the number available per person will be much lower. Is the supply too low to support commerce? Do you envision sub tokens or alts that will have higher supply numbers that will be used to pay for everyday expenses? Don’t misinterpret my question as criticism, I’m just curious about the logistics. I still believe that BTC is basically “perfect money” when it comes to supply/inflation. But how would the rest of the monetary ecosystem work? Thats why i think litecoin is more suited for that job, faster transactions, 4x supply but still capped limit. LTC is a legacy coin too. I’m no expert in this realm but I’m betting it will be a newer, relatively little-known coin. I’ve posted Hedera Hashgraph (HBAR) in here before, but check it out. Large institutions adopting it and joining the governing council, and what appears to be one of if not the best coin technologies out there. VERY fast transactions. I’m likely shooting myself in the foot as I haven’t accumulated enough yet but it looks like it will be the future. All alts are rolls of the dice so caveat emptor. |
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Posted: 10/31/2021 3:33:08 PM EDT
[#6]
Speaking of taxes, do any of these exchanges narc on you? Do they 1099? Report number to irs? Asking for my neighbor
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AR, USA
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Posted: 10/31/2021 3:35:45 PM EDT
[#7]
Quote HistoryOriginally Posted By TheTech-1: Speaking of taxes, do any of these exchanges narc on you? Do they 1099? Report number to irs? Asking for my neighbor The established, legitimate US based ones probably have to. The shady one's based in eastern europe or asia ? Probably not.
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Posted: 10/31/2021 3:42:41 PM EDT
[#8]
Quote HistoryOriginally Posted By TheTech-1: Speaking of taxes, do any of these exchanges narc on you? Do they 1099? Report number to irs? Asking for my neighbor There's nothing on Atomic wallet about taxes |
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AR, USA
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Posted: 10/31/2021 3:53:25 PM EDT
[#9]
Quote HistoryOriginally Posted By Got_Nukes: There's nothing on Atomic wallet about taxes Quote HistoryOriginally Posted By Got_Nukes: Originally Posted By TheTech-1: Speaking of taxes, do any of these exchanges narc on you? Do they 1099? Report number to irs? Asking for my neighbor There's nothing on Atomic wallet about taxes Well, Atomic wallet is based out of Estonia, so ...... |
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Posted: 10/31/2021 4:20:33 PM EDT
[#10]
Quote HistoryOriginally Posted By TheTech-1: Speaking of taxes, do any of these exchanges narc on you? Do they 1099? Report number to irs? Asking for my neighbor If you’re worried about taxes / audit like I am - look at the grayscale trust efts. That being said I’m balancing mine out to 1:3 - $1 in coins / $3 in efts. Might go a little higher some day on the actual coin ownership side. But the efts are easy for tax reasons. But you pay for that. |
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Posted: 10/31/2021 5:05:55 PM EDT
[#11]
MANA went on a bit of a run and I FOMO''ed.....
I r dumb. .. |
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Posted: 10/31/2021 5:07:52 PM EDT
[#12]
Quote HistoryOriginally Posted By AJ-IN-JAX: MANA went on a bit of a run and I FOMO''ed..... I r dumb. .. I put a small bid in at 2.52. Missed it by .03. |
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Posted: 10/31/2021 5:12:35 PM EDT
[#13]
Quote HistoryOriginally Posted By AJ-IN-JAX: MANA went on a bit of a run and I FOMO''ed..... I r dumb. .. Got me too. I'm down about $.30 right now. Could have made $.50 if I was smart yesterday. |
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Posted: 10/31/2021 5:38:58 PM EDT
[#14]
Quote HistoryOriginally Posted By xmission: Got me too. I'm down about $.30 right now. Could have made $.50 if I was smart yesterday. Quote HistoryOriginally Posted By xmission: Originally Posted By AJ-IN-JAX: MANA went on a bit of a run and I FOMO''ed..... I r dumb. .. Got me too. I'm down about $.30 right now. Could have made $.50 if I was smart yesterday. Now the question is; do I pull out and take the loss now, or cross my finger that it'll pop back up? |
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Posted: 10/31/2021 5:40:41 PM EDT
[#15]
Quote HistoryOriginally Posted By AJ-IN-JAX: Now the question is; do I pull out and take the loss now, or cross my finger that it'll pop back up? I'm going to cross my fingers :) at least for a little while. |
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Posted: 10/31/2021 6:08:16 PM EDT
[#16]
FFFFFFF UUUUUUU KUCOIN!!!!!!!
Deposited in an attempt to avoid ridiculous Ethereum fees to buy something. Now they require a numeric password to trade when I never set one up and had to give them a copy of my ID and a mugshot to reset it. Now it says 1-3 days to approve my reset and another 24 hours to withdraw. 
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Posted: 10/31/2021 6:41:25 PM EDT
[#17]
Quote HistoryOriginally Posted By beastman: FFFFFFF UUUUUUU KUCOIN!!!!!!! Deposited in an attempt to avoid ridiculous Ethereum fees to buy something. Now they require a numeric password to trade when I never set one up and had to give them a copy of my ID and a mugshot to reset it. Now it says 1-3 days to approve my reset and another 24 hours to withdraw. Oof. That "password" a 2FA? |
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Posted: 10/31/2021 6:48:54 PM EDT
[#18]
Quote HistoryOriginally Posted By xmission: I'm going to cross my fingers :) at least for a little while. Quote HistoryOriginally Posted By xmission: Originally Posted By AJ-IN-JAX: Now the question is; do I pull out and take the loss now, or cross my finger that it'll pop back up? I'm going to cross my fingers :) at least for a little while. 
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Posted: 10/31/2021 6:54:07 PM EDT
[#19]
Quote HistoryOriginally Posted By beastman: FFFFFFF UUUUUUU KUCOIN!!!!!!! Deposited in an attempt to avoid ridiculous Ethereum fees to buy something. Now they require a numeric password to trade when I never set one up and had to give them a copy of my ID and a mugshot to reset it. Now it says 1-3 days to approve my reset and another 24 hours to withdraw. Should'a transferred LTC over and not even do KYC.. But I know what you mean about the trading password. |
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Posted: 10/31/2021 7:01:08 PM EDT
[#20]
Quote HistoryOriginally Posted By Naporter: Oof. That "password" a 2FA? No, it's another 6 digit numeric password in addition to 2FA and SMS verification. They approved my password reset pretty quickly but it was a major pain in the ass. Still will be 24 hours before I can withdraw but at least I was able to get my trade through. Going in pretty hard on gamer coins. High risk but hopefully high returns. |
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Posted: 10/31/2021 7:04:39 PM EDT
[#21]
Quote HistoryOriginally Posted By AJ-IN-JAX: Should'a transferred LTC over and not even do KYC.. But I know what you mean about the trading password. I transferred MATIC from mainnet so no KYC. The photo ID and mugshot I had to send for the password reset isn't technically KYC although it was equally intrusive. |
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Posted: 10/31/2021 8:07:06 PM EDT
[#22]
Quote HistoryQuote HistoryOriginally Posted By AJ-IN-JAX: Originally Posted By xmission: Originally Posted By AJ-IN-JAX: Now the question is; do I pull out and take the loss now, or cross my finger that it'll pop back up? I'm going to cross my fingers :) at least for a little while. https://c.tenor.com/cDcNocnnUD0AAAAd/stocks-crash.gif  We’ve all been there at least once. |
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Posted: 10/31/2021 9:29:08 PM EDT
[#23]
Quote HistoryOriginally Posted By xmission: Got me too. I'm down about $.30 right now. Could have made $.50 if I was smart yesterday. Quote HistoryOriginally Posted By xmission: Originally Posted By AJ-IN-JAX: MANA went on a bit of a run and I FOMO''ed..... I r dumb. .. Got me too. I'm down about $.30 right now. Could have made $.50 if I was smart yesterday. Quit buying shit. Think long term. |
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Posted: 10/31/2021 10:46:15 PM EDT
[#24]
Quote HistoryOriginally Posted By beastman: No, it's another 6 digit numeric password in addition to 2FA and SMS verification. They approved my password reset pretty quickly but it was a major pain in the ass. Still will be 24 hours before I can withdraw but at least I was able to get my trade through. Going in pretty hard on gamer coins. High risk but hopefully high returns. Care to share which gaming crypto you jumped into? I’ve spent a decent amount of time the last week or two researching some projects and had to step away a couple days ago. My brain couldn’t process anymore info. |
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Posted: 11/1/2021 12:44:43 AM EDT
[#25]
Quote HistoryOriginally Posted By SERVED_USMC: Care to share which gaming crypto you jumped into? I’ve spent a decent amount of time the last week or two researching some projects and had to step away a couple days ago. My brain couldn’t process anymore info. All of these are highly risky and most likely going to zero. Buying any of these (especially the last two) is probably like lighting your money on fire. PYR, WARS, SUPER, ICE (Decentral Games not Popcycle, but I'm mega bullish on that too), and one I'm embarrassed to publicly admit to DOGIRA. ICE, SUPER, and DOGIRA can be found on Quickswap (Polygon chain) which is nice because the gas fees are nearly zero. I think SUPER is the only one that shows up in the DEX without having to search the token by contract number. |
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Posted: 11/1/2021 1:29:00 AM EDT
[Last Edit: TexasDoubleTap]
[#26]
Got unmineable up and running on a couple of few year old laptops. Getting paid in SOL to contribute hash to a ETH mining pool.
Dumb? Would you just take ETH instead? My other rig has pulled in near 1k USD of BTC mining ETH over the last 6 months or so. |
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Posted: 11/1/2021 7:14:30 AM EDT
[Last Edit: Brahmzy]
[#27]
Quote HistoryOriginally Posted By TexasDoubleTap: Got unmineable up and running on a couple of few year old laptops. Getting paid in SOL to contribute hash to a ETH mining pool. Dumb? Would you just take ETH instead? My other rig has pulled in near 1k USD of BTC mining ETH over the last 6 months or so. Interesting. Never heard of unminable. I did some quick calcs, and it seems like they’re quite a bit below my expected payout - comparing ETH to ETH. Not sure how this translates to the other coins. Not to mention the 1% fee. So, seems like I’d be in a worse spot using unminable - can’t speak for others and their setup(s). |
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Posted: 11/1/2021 7:21:36 AM EDT
[#28]
Quote HistoryOriginally Posted By Jagrmaister: Quit buying shit. Think long term. I'm 90% BTC This was a quick gamble. |
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Posted: 11/1/2021 7:28:58 AM EDT
[#29]
Quote HistoryOriginally Posted By AJ-IN-JAX: MANA went on a bit of a run and I FOMO''ed..... I r dumb. ..  He bought? |
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Posted: 11/1/2021 8:06:32 AM EDT
[#30]
Quote HistoryThey never learn.
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Posted: 11/1/2021 8:56:31 AM EDT
[#31]
Quote HistoryOriginally Posted By Fooboy: They never learn. Quote HistoryOriginally Posted By Fooboy: |
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Posted: 11/1/2021 9:22:54 AM EDT
[Last Edit: Jagrmaister]
[#32]
Quote HistoryOriginally Posted By Bale2011: We’ve all been there at least once. Quote HistoryOriginally Posted By Bale2011: Originally Posted By AJ-IN-JAX: Originally Posted By xmission: Originally Posted By AJ-IN-JAX: Now the question is; do I pull out and take the loss now, or cross my finger that it'll pop back up? I'm going to cross my fingers :) at least for a little while. https://c.tenor.com/cDcNocnnUD0AAAAd/stocks-crash.gif We’ve all been there at least once. My worst panic sell was the Bitcoin Cash flippening from 2017. I'd been in bitcoin, LTC, and ether only a short bit. Had a little money to play but not to lose. Then after a series of mysterious internet rumors and tweets about the miners all switching their hash rate to BTrash from BTC, and watching the price of BTC plummet the same time BTRASH pumped to something like $2400... That was a wtf did I put my money into panic moment.
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Posted: 11/1/2021 10:17:40 AM EDT
[#33]
https://www.coindesk.com/business/2021/11/01/binance-temporarily-disables-all-crypto-withdrawals-cites-backlog/
Don't worry boys. Funds are safu.  Funds Are Safu |
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Posted: 11/1/2021 10:26:26 AM EDT
[#34]
Think not of BTC rising but of a flight from brrrrrrrrrrrr!
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Posted: 11/1/2021 10:36:26 AM EDT
[#35]
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Posted: 11/1/2021 11:23:27 AM EDT
[#36]
Quote HistoryOriginally Posted By 4v50: Think not of BTC rising but of a flight from brrrrrrrrrrrr! I like that. One will take care of the other. |
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Posted: 11/1/2021 11:37:13 AM EDT
[#37]
Quote HistoryOriginally Posted By swampvol: I like that. One will take care of the other. Quote HistoryOriginally Posted By swampvol: Originally Posted By 4v50: Think not of BTC rising but of a flight from brrrrrrrrrrrr! I like that. One will take care of the other. Retired people need to be looking really hard at bitcoin right now as a way to save what they can with from what's coming. |
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Posted: 11/1/2021 12:25:09 PM EDT
[#38]
Quote HistoryOriginally Posted By woodsie: I heard that argument back at $200 eight years ago. Stay mad. Yet you had to comment - still can't find ANY connection to actual intrinsic value. All irrational bubbles must burst. |
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Posted: 11/1/2021 12:39:07 PM EDT
[#39]
Quote HistoryOriginally Posted By SWOH: Yet you had to comment - still can't find ANY connection to actual intrinsic value. All irrational bubbles must burst. Curious where your money is to beat inflation, fiat currency, etc. ? |
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Posted: 11/1/2021 2:36:17 PM EDT
[#40]
 Attached FileSome are speculating a partnership with crypto. If true, whichever they choose will undoubtedly go up. |
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AR, USA
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Posted: 11/1/2021 3:24:25 PM EDT
[Last Edit: Trunalimunumaprzure]
[#41]
Quote HistoryOriginally Posted By thesilvercord: https://www.ar15.com/media/mediaFiles/327183/AF4D9956-2E24-4F95-AF66-0CEC99A99587_jpe-2151312.JPG Some are speculating a partnership with crypto. If true, whichever they choose will undoubtedly go up. PP still hasn't implemented withdrawals. What useless shit are they going to do this time around ? Allow you to buy crypto on their platform and then spend it via paypal to get bent over and dicked in the ass with short term capital gains ? *EDIT* Looks like a giveaway sweepstakes thing. Doesn't appear to have anything to do with crypto at all.
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Posted: 11/1/2021 4:59:31 PM EDT
[#42]
Nice movement on polkadot today.
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Posted: 11/1/2021 6:36:54 PM EDT
[Last Edit: beastman]
[#43]
The U.S. Treasury report on stable coins was released today.
Biden administration: Stablecoins could transform the way Americans pay for everything - CNBC https://home.treasury.gov/news/press-releases/jy0454 |
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Posted: 11/1/2021 6:59:46 PM EDT
[#44]
Quote HistoryOriginally Posted By woodsie: https://www.coindesk.com/business/2021/11/01/binance-temporarily-disables-all-crypto-withdrawals-cites-backlog/ Don't worry boys. Funds are safu.  https://www.youtube.com/watch?v=DelF6zEHXpEThat squid coin rug pulled this morning too. Everything on binance is a scam anyway, always has been. BNB is a centralized shitcoin that they used to essentially illegally collateralize their debt from when they got hacked. |
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Posted: 11/1/2021 7:02:48 PM EDT
[#45]
Quote HistoryOriginally Posted By Fooboy: They never learn. Quote HistoryOriginally Posted By Fooboy: They didn’t get me.  I got out @ $3.50 on the second pump and rolled it into SOL. Not getting back in either. It’s being manipulated now big time.
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Posted: 11/1/2021 7:15:59 PM EDT
[Last Edit: woodsie]
[#46]
Quote HistoryOriginally Posted By SWOH: Yet you had to comment - still can't find ANY connection to actual intrinsic value. All irrational bubbles must burst. Quote HistoryOriginally Posted By SWOH: Originally Posted By woodsie: I heard that argument back at $200 eight years ago. Stay mad. Yet you had to comment - still can't find ANY connection to actual intrinsic value. All irrational bubbles must burst. I've explained the basis for its intrinsic value here in these very forums exhaustively since 2013. I'm sorry you didn't hear me back then. Bitcoin has already burst several times. You aren't pitching anything new or insightful. In 2011, it crashed from $32 to $2. In 2013, it crashed from $1,200 to $170. In 2017, it crashed from $20,000 to $3,500. Guys like you took victory laps every single time it has happened yet here we are at $60k. You think this is is the first time I've had this conversation? This is my 3rd go around in 8 years engaging with the tulips theory guys. We had comments just like yours back in 2013 and 2017. @SWOH ETA: I found one of my old posts (of many) in the archives from 2013 where I described the basis for intrinsic value for Bitcoin:  Attached FileSubscribe to my newsletter for more investing tips. |
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Posted: 11/1/2021 7:17:06 PM EDT
[#47]
Quote HistoryOriginally Posted By Josh: That squid coin rug pulled this morning too. Everything on binance is a scam anyway, always has been. BNB is a centralized shitcoin that they used to essentially illegally collateralize their debt from when they got hacked. Quote HistoryOriginally Posted By Josh: Originally Posted By woodsie: https://www.coindesk.com/business/2021/11/01/binance-temporarily-disables-all-crypto-withdrawals-cites-backlog/ Don't worry boys. Funds are safu. https://www.youtube.com/watch?v=DelF6zEHXpEThat squid coin rug pulled this morning too. Everything on binance is a scam anyway, always has been. BNB is a centralized shitcoin that they used to essentially illegally collateralize their debt from when they got hacked. I don't trust overseas exchanges as a matter of principal. That's why I never got Goxxed. |
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Posted: 11/1/2021 8:51:16 PM EDT
[#48]
I am up and running on the ⚡ Lightning Network ⚡, and ultrafast (nearly instant) Bitcoin Layer 2
https://lightning.network/ https://lightning.engineering/ https://old.reddit.com/r/lightningnetwork/ DIY to Turnkey Lightning nodes: https://raspiblitz.org/ https://getumbrel.com/ My offer to Arfcom: Open a channel with me of 500,000 sats or more and I will open one back to you of same size (up to 10,000,000 sats / 0.1 BTC) to bootstrap your inbound liquidity. |
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Posted: 11/1/2021 8:56:42 PM EDT
[#49]
Quote HistoryOriginally Posted By Mr_Psmith: I am up and running on the ⚡ Lightning Network ⚡, and ultrafast (nearly instant) Bitcoin Layer 2 https://lightning.network/ https://lightning.engineering/ https://old.reddit.com/r/lightningnetwork/ DIY to Turnkey Lightning nodes: https://raspiblitz.org/ https://getumbrel.com/ My offer to Arfcom: Open a channel with me of 500,000 sats or more and I will open one back to you of same size (up to 10,000,000 sats / 0.1 BTC) to bootstrap your inbound liquidity. What are the benefits of running a lighting node?? |
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Posted: 11/1/2021 8:58:58 PM EDT
[#50]
Quote HistoryOriginally Posted By Brahmzy: Interesting. Never heard of unminable. I did some quick calcs, and it seems like they're quite a bit below my expected payout - comparing ETH to ETH. Not sure how this translates to the other coins. Not to mention the 1% fee. So, seems like I'd be in a worse spot using unminable - can't speak for others and their setup(s). I'm running unmineable on a couple of older laptops, just cpu hashing. Definitely leaving a bit of coin on the table for convenience of 1 click mining on hardware that typically just runs my kids browser based learning apps.
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