Post Reply 
Crypto lounge thread
Author Message
Genghis Khan Offline
Alpha Male
****

Posts: 1,133
Joined: Mar 2013
Reputation: 55
Post: #251
RE: Crypto lounge thread
Anecdotal data:

I've seen 3 of my friends make remarks about blockchain on LinkedIN, specifically mentioning some article that talks about the company they work for.

One guy works for a major healthcare company, and his CEO talked about how blockchain is the next big thing.

Another guy is a partner at a major consulting firm and shared an article about blockchain.

This could be a preliminary indicator of the next hype bubble. People are feeling more positive than they were a month ago when everything was bleeding.

Not happening. - redbeard in regards to ETH flippening BTC
04-21-2018 03:01 PM
Find all posts by this user Like Post Quote this message in a reply
Sassy Offline
Male Feminist

Posts: 16
Joined: Dec 2016
Reputation: 0
Post: #252
RE: Crypto lounge thread
ADX - anyone on it? Thoughts?

Saw it jumped up 30+% today but then dipped back down
04-22-2018 04:01 AM
Find all posts by this user Like Post Quote this message in a reply
ksbms Offline
Alpha Male
****

Posts: 1,364
Joined: Oct 2013
Reputation: 34
Post: #253
RE: Crypto lounge thread
Neither BTC nor ETH are the "next big thing" due to blockchain's limitations. If anything, its IOTA technology based on Directed Acyclic Graph. They've just partnered up with VW and Fujitsu, among others. It's beyond me why IOTA is still so under appreciated. The below talk illustrates precisely why, long term, a bet should be made on that technology.




____________________

My Adventures in Game updates on the go: twits by Max Detrick

Unbowed. Unbent. Unbroken.

I don’t ever give up. I mean, I’d have to be dead or completely incapacitated.
-- Elon Musk
(This post was last modified: 04-23-2018 11:32 AM by ksbms.)
04-23-2018 11:31 AM
Visit this user's website Find all posts by this user Like Post Quote this message in a reply
Giacomo Casanova Away
Chubby Chaser
**

Posts: 588
Joined: Sep 2013
Reputation: 20
Post: #254
RE: Crypto lounge thread
I imagine that this night spike is the definitive sign that means the end of the multi months bear market. Smart money were accumulating on the big dip and are up almost 100% from bottom on numerous alts. Guess it is now time to HODL.
(This post was last modified: 04-24-2018 01:13 AM by Giacomo Casanova.)
04-24-2018 01:12 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 1 user Likes Giacomo Casanova's post:
Genghis Khan
Genghis Khan Offline
Alpha Male
****

Posts: 1,133
Joined: Mar 2013
Reputation: 55
Post: #255
RE: Crypto lounge thread
(04-23-2018 11:31 AM)ksbms Wrote:  Neither BTC nor ETH are the "next big thing" due to blockchain's limitations. If anything, its IOTA technology based on Directed Acyclic Graph. They've just partnered up with VW and Fujitsu, among others. It's beyond me why IOTA is still so under appreciated. The below talk illustrates precisely why, long term, a bet should be made on that technology.




Because it's trash.

Not happening. - redbeard in regards to ETH flippening BTC
04-24-2018 01:20 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 3 users Like Genghis Khan's post:
BlurredLines, thebassist, redbeard
Giacomo Casanova Away
Chubby Chaser
**

Posts: 588
Joined: Sep 2013
Reputation: 20
Post: #256
RE: Crypto lounge thread
I was also quite positive about IOTA but I had to change my mind since they kept missing deadlines and still there is not a decent wallet despite the announcements. It is intollerable. Also the bad attitude of developers didn't help. I mean, it is a great project and idea but it is difficult to trust the people running such idea. Additionally, it looks like we have the usual problem that the price fluctuation of the taken could influence and block the adoption. I don't think big business are going to buy IOTA tokens for everyday operations business, they don't want to take a risk of price fluctuation in the order of 100% in 15 days (more or less the increase of IOTA price in the last few days). On a lesser extent this is also a bit a problem of Ethereum dapps. The model with a double taken (one working as a "share" and the other one with a fixed price to be used for "blockchain/operations") seems to be the best for real adoption.
Just as a reminder, there are plenty of crypto companies using IOT + Blockchain which seems to be the best integration for business purposes.
(This post was last modified: 04-24-2018 03:40 AM by Giacomo Casanova.)
04-24-2018 03:39 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 2 users Like Giacomo Casanova's post:
BlurredLines, thebassist
Sidney Crosby Offline
True Player
*****
Gold Member

Posts: 2,228
Joined: Jun 2014
Reputation: 13
Post: #257
RE: Crypto lounge thread
Wish I had more money to throw at Wanchain, the price has doubled since I bought in.
(This post was last modified: 04-24-2018 10:52 AM by Sidney Crosby.)
04-24-2018 10:48 AM
Find all posts by this user Like Post Quote this message in a reply
gework Offline
Alpha Male
****
Gold Member

Posts: 1,135
Joined: Apr 2017
Reputation: 65
Post: #258
RE: Crypto lounge thread
Does anyone know any web/desktop (Linux) coin trackers that allow you to set alarms for percentage changes in a coin that they import from exchange accounts and wallets?

I use BitUniverse for mobile that does this. But I prefer to keep it switched off in the day to not get distracted.

Recently I bought into Decentraland, Kyber, Gifto and Golem and they all had big pumps that I would have sold out on, but I only caught one of them near it's peak, Kyber, which I cashed in today.
04-26-2018 04:45 PM
Find all posts by this user Like Post Quote this message in a reply
yaku Offline
Beta Orbiter
*

Posts: 115
Joined: Jan 2017
Reputation: 1
Post: #259
RE: Crypto lounge thread
(04-24-2018 03:39 AM)Giacomo Casanova Wrote:  I was also quite positive about IOTA but I had to change my mind since they kept missing deadlines and still there is not a decent wallet despite the announcements. It is intollerable. Also the bad attitude of developers didn't help. I mean, it is a great project and idea but it is difficult to trust the people running such idea.

Agree. The lack of wallet blows my mind.
04-26-2018 05:11 PM
Find all posts by this user Like Post Quote this message in a reply
Giacomo Casanova Away
Chubby Chaser
**

Posts: 588
Joined: Sep 2013
Reputation: 20
Post: #260
RE: Crypto lounge thread
Do you know if there is a way to short EOS? This evaluation is ridiculous...
04-28-2018 08:04 AM
Find all posts by this user Like Post Quote this message in a reply
nola Offline
Banned

Posts: 451
Joined: Jun 2016
Post: #261
RE: Crypto lounge thread
(04-28-2018 08:04 AM)Giacomo Casanova Wrote:  Do you know if there is a way to short EOS? This evaluation is ridiculous...

Futures on Bitmex
04-28-2018 09:25 AM
Find all posts by this user Like Post Quote this message in a reply
gework Offline
Alpha Male
****
Gold Member

Posts: 1,135
Joined: Apr 2017
Reputation: 65
Post: #262
RE: Crypto lounge thread
(04-28-2018 09:25 AM)nola Wrote:  
(04-28-2018 08:04 AM)Giacomo Casanova Wrote:  Do you know if there is a way to short EOS? This evaluation is ridiculous...

Futures on Bitmex

You can also short in BitFinex. And right now the rates are close to zero. You borrow EOS, use it to buy dollars or something else, then when EOS goes down, you can buy back EOS cheaper and pay back the EOS loan plus the currently meager interest. If I remember correctly you can borrow 3.3X to start with and then bunk it up to 5X.
04-28-2018 02:01 PM
Find all posts by this user Like Post Quote this message in a reply
Sidney Crosby Offline
True Player
*****
Gold Member

Posts: 2,228
Joined: Jun 2014
Reputation: 13
Post: #263
RE: Crypto lounge thread
What are your guys thoughts on Achain (ACT), Is it worth a small investment?
05-01-2018 05:17 PM
Find all posts by this user Like Post Quote this message in a reply
Genghis Khan Offline
Alpha Male
****

Posts: 1,133
Joined: Mar 2013
Reputation: 55
Post: #264
RE: Crypto lounge thread
https://hold.co/

Debit card that lets you use your crypto as collateral for cash. Not out yet, seems like an interesting application. Similar to DAI for ETH, but more currency agnostic.

Not happening. - redbeard in regards to ETH flippening BTC
05-01-2018 05:31 PM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 1 user Likes Genghis Khan's post:
gework
gework Offline
Alpha Male
****
Gold Member

Posts: 1,135
Joined: Apr 2017
Reputation: 65
Post: #265
RE: Crypto lounge thread
The one day view looks really bad to me. Cashed out 95%. Though I think we could see it pop up to about $12K soon I think we're heading down in general on the year.

[Image: Screenshot_at_2018_05_02_01_45_31.png]
05-01-2018 05:47 PM
Find all posts by this user Like Post Quote this message in a reply
asdfk Away
Wingman
***

Posts: 683
Joined: Aug 2015
Reputation: 31
Post: #266
RE: Crypto lounge thread
Can anybody recommend a good tutorial / course on crypto day trading? I want to have a fundamental understanding of trading and markets.
05-03-2018 05:04 AM
Find all posts by this user Like Post Quote this message in a reply
Isaac Jordan Online
Wingman
***
Gold Member

Posts: 787
Joined: Oct 2012
Reputation: 95
Post: #267
RE: Crypto lounge thread
(05-03-2018 05:04 AM)asdfk Wrote:  Can anybody recommend a good tutorial / course on crypto day trading? I want to have a fundamental understanding of trading and markets.

https://www.babypips.com/learn
05-03-2018 11:05 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 2 users Like Isaac Jordan's post:
redbeard, Genghis Khan
sonoran_ Online
Chubby Chaser
**

Posts: 467
Joined: Dec 2015
Reputation: 3
Post: #268
RE: Crypto lounge thread
Couple days ago I was mentally and psychologically get sick of all the charting ive been doing, so I just yolo'd for the 1st time a cross margin long on ADA. To give you perspective, I usually do a 2x leverage.

Today I just got liquidated for the 1st time. I lost my entire bitmex account and although it wasnt much in value, it was a sizable amount for me.

The weird part is that I dont feel any emotions to losing this money.

Lesson is: dont trade when emotional.
05-07-2018 12:11 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 1 user Likes sonoran_'s post:
gework
Matt3B Offline
True Player
*****
Gold Member

Posts: 2,406
Joined: Sep 2012
Reputation: 34
Post: #269
RE: Crypto lounge thread
The other lesson is: don't gamble when margin trading

An alternative lesson: always use a stop loss

The 3 Bromigos Blog
(This post was last modified: 05-08-2018 07:31 AM by Matt3B.)
05-08-2018 07:31 AM
Find all posts by this user Like Post Quote this message in a reply
rungoodinc Offline
Chubby Chaser
**

Posts: 437
Joined: Feb 2015
Reputation: 17
Post: #270
RE: Crypto lounge thread
Why are people margin trading when all signs point to a bull market...
05-08-2018 10:34 AM
Find all posts by this user Like Post Quote this message in a reply
Matt3B Offline
True Player
*****
Gold Member

Posts: 2,406
Joined: Sep 2012
Reputation: 34
Post: #271
RE: Crypto lounge thread
You can margin trade long and short?

The 3 Bromigos Blog
05-08-2018 02:08 PM
Find all posts by this user Like Post Quote this message in a reply
sonoran_ Online
Chubby Chaser
**

Posts: 467
Joined: Dec 2015
Reputation: 3
Post: #272
RE: Crypto lounge thread
Yea, was just completely reckless of me and it was done out of frustration.

^^ margin can be done long or short
05-08-2018 05:29 PM
Find all posts by this user Like Post Quote this message in a reply
redbeard Offline
True Player
*****
Gold Member

Posts: 2,811
Joined: Jan 2014
Reputation: 71
Post: #273
RE: Crypto lounge thread
(05-08-2018 07:31 AM)Matt3B Wrote:  The other lesson is: don't gamble when margin trading

An alternative lesson: always use a stop loss

You bet your sweet ass I'm going 100x long next time we're parabolic.

1 Year NoFap Veteran --- No Days Off in Trump's America
05-08-2018 06:17 PM
Visit this user's website Find all posts by this user Like Post Quote this message in a reply
[-] The following 1 user Likes redbeard's post:
Isaac Jordan
redbeard Offline
True Player
*****
Gold Member

Posts: 2,811
Joined: Jan 2014
Reputation: 71
Post: #274
RE: Crypto lounge thread
(05-01-2018 05:31 PM)Genghis Khan Wrote:  https://hold.co/

Debit card that lets you use your crypto as collateral for cash. Not out yet, seems like an interesting application. Similar to DAI for ETH, but more currency agnostic.

BitPay

1 Year NoFap Veteran --- No Days Off in Trump's America
05-08-2018 06:18 PM
Visit this user's website Find all posts by this user Like Post Quote this message in a reply
Kentemo Offline
Beta Orbiter
*
Gold Member

Posts: 100
Joined: Feb 2018
Reputation: 1
Post: #275
RE: Crypto lounge thread
Try to get a feel for shorting/longing BTC first. Don't immediately start with margin trading and leverage if you don't know what to do.
Try to be disciplined too, every trade should be a small percentage of your overall portfolio. When you feel confident you can take on higher positions. BTC isn't going anywhere.
05-10-2018 04:04 PM
Find all posts by this user Like Post Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
Rainbow The Ultimate Psychonaut Lounge - For Those Who Are Serious Tex 40 3,857 Today 09:02 AM
Last Post: Tex
  Crypto in the IEO era the-dream 11 1,002 Yesterday 01:38 AM
Last Post: the-dream
  The Entrepreneur / Business Owner's / Self Employed Lounge Off The Reservation 1,316 416,034 05-28-2019 02:23 PM
Last Post: Isaac Jordan

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | RooshV.com | Return to Top | Return to Content | Mobile Version | RSS Syndication