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Old Dec 13, 2017, 10:15 AM   #121
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huskylord
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Dare we say....$20k???????
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Old Dec 13, 2017, 01:07 PM   #122
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Originally Posted by huskylord View Post
Dare we say....$20k???????
You said it and it dropped 1200.... thanks.


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Old Dec 13, 2017, 01:51 PM   #123
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Ha, I"m watching the ride from the sidelines. I'm fascinated with Bitcoin, but have always been extremely risk averse (which has both helped and hurt my financial position).

All I can say is that it's interesting times
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Old Dec 13, 2017, 02:55 PM   #124
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Quote:
Originally Posted by huskylord View Post
Ha, I"m watching the ride from the sidelines. I'm fascinated with Bitcoin, but have always been extremely risk averse (which has both helped and hurt my financial position).

All I can say is that it's interesting times
till it crashes

and these nuts lose their houses
https://www.engadget.com/2017/12/12/...use-investors/

and maybe take the housing market with it and or want to be bailed out
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Old Dec 13, 2017, 03:20 PM   #125
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I imagine people who have put money in bitcoin have made some extra change if they put a substantial amount in. My other half put 50 bucks in earlier this year and it has doubled in price already. Its only 50 bucks profit but if anyone had any substantial amount of money in it they are getting a nice pay off.
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Old Dec 13, 2017, 03:24 PM   #126
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Originally Posted by logical View Post
Its only 50 bucks profit but if anyone had any substantial amount of money in it they are getting a nice pay off.
Only if they sell it while it's still worth that much or more...
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Old Dec 14, 2017, 04:32 AM   #127
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Originally Posted by OverclockN' View Post
Only if they sell it while it's still worth that much or more...
That's pretty much it right there.

I'm only piddling around with it, not using it for any sort of real investment. It's gambling, nothing more.
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Old Dec 14, 2017, 07:40 AM   #128
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Originally Posted by huskylord View Post
Ha, I"m watching the ride from the sidelines. I'm fascinated with Bitcoin, but have always been extremely risk averse (which has both helped and hurt my financial position).

All I can say is that it's interesting times
I hate the risk too, so never bought any. Not once. Only mined some in 2012, since zero risk...

But guess what, holding that old stash now makes me feel like a crazy gambler.

The choice of selling now vs. selling later feels like putting a significant sum of money on red or black. No matter what, it's gambling. It's a casino and I have no choice but to play. At least a year ago it was easier to choose to do nothing. Made the right choice, but now the stakes are much higher!

Oh well, at least it's fun ride!
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Old Dec 15, 2017, 12:06 AM   #129
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Cryptojacking, Wallet Stealing, Attacks on Cryptocurrency Exchanges – Don’t Want to Make It Worse? Stop Telling Your Friends!
https://wccftech.com/cryptocurrency-...-lose-friends/

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Old Dec 15, 2017, 09:53 AM   #130
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Old Dec 16, 2017, 09:26 AM   #131
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Dare we say....$20k???????


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Old Dec 18, 2017, 07:32 PM   #132
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Don't know WTF I was doing all these years not investing in crypto.

Was following ETH closely few months back and almost dumped 20k when it was 300, now look at it...

3 days ago got a mining contract with Hashflare and seems it will pay itself in LESS than 2 months lol! That **** is crazy. If I get 10 months of profit, even with added difficulty, I'll invest way more in it.
Best investment ever!
Still, I'll get my investment back first then think on what to do :P
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Old Dec 18, 2017, 10:24 PM   #133
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I bought in a couple weeks back after bitcoin hit 10k. Bought a good chunk of a combination of bitcoin, ethereum, and litecoin. The cryptocurrency I bought has already doubled in value. Of course I wish I had gotten in earlier. If I bought the same $$ worth 5 years ago, I'd have ~ $70 million now.
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Old Dec 18, 2017, 10:42 PM   #134
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Is it still too late to invest. Any simple guides on investing in crypto without getting my wallet raided by hackers? I want to just buy and sell nothing more. Any idiot's guide to it?

I am thinking about selling my house in Pakistan and putting it in crypto. It would be about 200,000 bucks worth I think. Maybe slightly more.

What do you gays think?
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Old Dec 18, 2017, 10:46 PM   #135
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Originally Posted by KAC View Post
Is it still too late to invest. Any simple guides on investing in crypto without getting my wallet raided by hackers? I want to just buy and sell nothing more. Any idiot's guide to it?

I am thinking about selling my house in Pakistan and putting it in crypto. It would be about 200,000 bucks worth I think. Maybe slightly more.

What do you gays think?
Honestly, it's too late for Bitcoin, you can, but you wont gain much at this point. You'd only get 10 coins. And it'd have to double what it is to make that risk worth it and I dotn see it ever being 40k/coin.
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Old Dec 18, 2017, 10:48 PM   #136
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What about LTC or ETC?
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Old Dec 18, 2017, 11:18 PM   #137
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Originally Posted by KAC View Post
What about LTC or ETC?
If I was putting money into anything it'd probably be IOTA
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Old Dec 19, 2017, 02:43 AM   #138
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Originally Posted by KAC View Post
What about LTC or ETC?
I wouldn't touch altcoins, too risky. Going with BTC would be more conservative, and more safe. It's not too late.

bitstamp price on 2011-12-20 = $4.6
bitstamp price on 2017-12-19 = $18880

Averaging over 6 years, it's 4x increase per year:
$4.6*4*4*4*4*4*4 = $18841

One more year, one more 4x - seems possible. Or maybe it will crash, who knows.
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Old Dec 19, 2017, 04:18 AM   #139
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For us with 1080 ti's Zcoin is a good coin to mine. Very low power consumption, going up in value and maybe has a future.
Galactrum is a new one that was giving $12-$15 per day but not sure how stable prices will be.

Quote:
Originally Posted by KAC View Post
Is it still too late to invest. Any simple guides on investing in crypto without getting my wallet raided by hackers? I want to just buy and sell nothing more. Any idiot's guide to it?

I am thinking about selling my house in Pakistan and putting it in crypto. It would be about 200,000 bucks worth I think. Maybe slightly more.

What do you gays think?
If I had 200k on hand right now I'd probably put 100-150k in Hashflare. Worst case scenario you get your $$ back in 3-4 months and still have 8 months of free mining.
Best case investment back in less than 2 months and 10 month profit. So that 100k could become 1m in 1 yr mining.
If I had more than 1 house I'd probably sell it.

Regarding hackers, just use a strong password on Hashflare since mined coins stay there, there's 2FA you can use I think.
Plus get a Trezor or Nano wallet to protect the wallet you'll be keeping the larget amount of coins. There's quite a few option of wallets, but with a trezor or nano ledge you'll be safe!
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Old Dec 19, 2017, 07:32 AM   #140
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Originally Posted by MaxSt View Post
I wouldn't touch altcoins, too risky. Going with BTC would be more conservative, and more safe. It's not too late.

bitstamp price on 2011-12-20 = $4.6
bitstamp price on 2017-12-19 = $18880

Averaging over 6 years, it's 4x increase per year:
$4.6*4*4*4*4*4*4 = $18841

One more year, one more 4x - seems possible. Or maybe it will crash, who knows.
IOTA has a reason to be an altcoin. It has some very nice options. I can see IOTA going far. Not to mention it's already hit $7/coin even in relative infancy.

https://iota.org/

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The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Contrary to today’s Blockchains, consensus is no-longer decoupled but instead an intrinsic part of the system, leading to decentralized and self-regulating peer-to-peer network. Read our Whitepaper.
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Old Dec 19, 2017, 08:43 AM   #141
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Originally Posted by CurrentlyPissed View Post
IOTA has a reason to be an altcoin. It has some very nice options. I can see IOTA going far. Not to mention it's already hit $7/coin even in relative infancy.

https://iota.org/
Reading the number of issues folks are having with IOTA and funds disappearing or pending for days, doesn't sound particularly great ATM.
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Old Dec 20, 2017, 08:28 AM   #142
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My Bitcoin Cash fork come through yesterday. Sitting on a bonus $1k.

Wild price swings though. Coinbase is on my **** list. This wasn't supposed to be implemented until January. couldn't do any buying or selling as Coinbase locked everyone out.

I suspect a deal was made between Coinbase and Bitcoin Cash for profits.

Either way, I'm moving to Gemini. **** Coinbase.


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Old Dec 20, 2017, 10:36 AM   #143
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yea, wild price swings is right...it's all over the place.

1900 to 1400 in a day, then back up to 1700 right after.
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Old Dec 20, 2017, 12:08 PM   #144
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Games within games, no doubt
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Old Dec 20, 2017, 01:57 PM   #145
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Games within games, no doubt
I'm beyond pissed.

https://bitinfocharts.com/bitcoin&#3...xHsiWEmeYE8a7k

This was a fix.

In September, he/they had ZERO (0) coins, now he/they have 1.4 BILLION worth of coins?

GET THE **** OUT OF HERE.
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Old Dec 20, 2017, 02:09 PM   #146
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I'm beyond pissed.

https://bitinfocharts.com/bitcoin&#3...xHsiWEmeYE8a7k

This was a fix.

In September, he/they had ZERO (0) coins, now he/they have 1.4 BILLION worth of coins?

GET THE **** OUT OF HERE.
You can't "fix" bitcoin, you can't "fake" bitcoin. That's the thing of it. He may of gotten coins, but he got them through the system. Now whether or not it's from hacking wallets, or he bought them, they are legit coins. It's all traceable. Every micro transaction. It could also even be a transfer to a safer wallet, a group, or even a firm.

Beleive it or not, there are thousands of wallets out there that aren't used, not recovered, inactive, etc. There's alot of coins that will likely never be recovered. There was a time you could mine 100s of coins in a day when it was much simpler to mine.
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Old Dec 20, 2017, 02:23 PM   #147
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Originally Posted by CurrentlyPissed View Post
You can't "fix" bitcoin, you can't "fake" bitcoin. That's the thing of it. He may of gotten coins, but he got them through the system. Now whether or not it's from hacking wallets, or he bought them, they are legit coins. It's all traceable. Every micro transaction. It could also even be a transfer to a safer wallet, a group, or even a firm.

Beleive it or not, there are thousands of wallets out there that aren't used, not recovered, inactive, etc. There's alot of coins that will likely never be recovered. There was a time you could mine 100s of coins in a day when it was much simpler to mine.
That's why I'm saying there was a fix between Coinbase and Bitcoin Cash.

I STILL can't sell my BCash.

All I know is I have had it with Coinbase.
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Old Dec 20, 2017, 04:51 PM   #148
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Originally Posted by KAC View Post
What about LTC or ETC?
All speculation here mind you, but if I had to guess, ETC has room to grow and a ceiling of $1000 is not out of the question over the next few months.
It's been hovering between 720-850 over the last week.

LTC, if I had to wager a guess probably has room to climb up to $500 within some months.
It's around $320 now, but has been as high as $400 within the last week.

Of course, I would have said invest in Bitcoin Cash, but that has seen a meteoric rise and it's too early to even predict/gauge how much more cap room is left (but isn't that the case with all of these). Although, if i were a betting man, I'd say $5K is not out of the realm of possibility.

Some other coins that are currently interesting investments include:
IOTA and to a lesser degree Ripple (which may see prices of $1 in its future, and thus represent a 25% jump, but by its nature it's a hard call to make).

Outside of the coins themselves, some of the companies involved in the blockchain tech itself are worthy of second looks.
I've recently dumped $1K into RIOT and have already seen it increase 20% over the last couple of weeks.
But this one has Short written all over it...

Yet, tech companies such as Nvidia, AMD, and others that provide processing power for this tech are also worth taking a closer look at right now.

Last edited by somewon : Dec 20, 2017 at 04:57 PM.
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Old Dec 21, 2017, 01:29 AM   #149
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All speculation here mind you, but if I had to guess, ETC has room to grow and a ceiling of $1000 is not out of the question over the next few months.
It's been hovering between 720-850 over the last week.

.
You're talking about ETH. ETC is a different coin - Ethereum Classic.
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Old Dec 21, 2017, 10:05 AM   #150
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You're talking about ETH. ETC is a different coin - Ethereum Classic.
Correct, and my bad, typed up that passage on a phone.

Last edited by somewon : Dec 21, 2017 at 10:10 AM.
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