Current Events > Crypto General #14: Vanilla Edition

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#52
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clearaflagrantj
01/13/18 8:42:28 PM
#53:


beechesfreeman posted...
is there any kind of analogy to regular stocks as to why you need a wallet like a ledger nano or whatever

Not really.

Exchanges don't give you actual bitcoin, they give you an "I owe you" that says they will give you Bitcoin if you decide to withdraw. But if government shuts it down or the exchange vanishes overnight and steals your Bitcoin, you're fucked.

Imagine having a bank account at a shady bank that might run off with your money, versus stashing your money in dollar bills under your mattress
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FLAMING EVIL HOMER
01/13/18 8:50:15 PM
#54:


So i shouldnt just keep my coins on coinbase or binance?
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Kazi1212
01/13/18 8:54:05 PM
#55:


FLAMING EVIL HOMER posted...
So i shouldnt just keep my coins on coinbase or binance?


You shouldnt, no. Although I think its safer to have your money on Coinbase, but still cant fully trust it. This is what makes trading with cryptos annoying, especially if you trade short-medium term positions, constantly have to keep transferring back and forth from your wallet
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Meadz
01/13/18 9:08:08 PM
#56:


tag
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Bumping Tribe in the system like penicillin.
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#57
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FFVII_REMAKE
01/13/18 9:11:57 PM
#58:


How do you withdraw from bittrex?
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clearaflagrantj
01/13/18 9:20:14 PM
#59:


FLAMING EVIL HOMER posted...
So i shouldnt just keep my coins on coinbase or binance?

As far as exchanges go I'd trust them the most to be honest

FFVII_REMAKE posted...
How do you withdraw from bittrex?


Go to the wallet tab with your balances and click the minus symbol for withdrawal, it will ask you to input your destination address. Your trezor/ledger has an option to for deposits that shows you the address (you can also QR code), that's what you input on the Bittrex withdrawal page

I usually test it with a small amount first to confirm I didn't fuck anything up, then just send it all over
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ItsYourFault
01/13/18 9:20:38 PM
#60:


BignutzisBack posted...
FightingGames posted...
Speculation on why DBC has been dipping hard:

Listen up, Ill only be explaining the current price manipulation on Houbi once and only once. First you have to understand that a few whales can greatly manipulate the price to their will. That just how the game goes in crypto. Secondly, understand DBC was DUE for a huge pullback, that plus the all of the korean fud? Now that you understand what is going on under the hood, you also must understand there is a huge competition that is being held on the Huobi exchange. This competition encourages low prices. Dont you see those huge sell walls? This is so the whales participating can buy their own DBC at a lower price and also simultaneously win the competition. Dont worry though, this all ends Jan 17. That's when we will start to finally see a recovery. Luckily, that just a few days away. Basically if you didn't sell at .50 or .60 cents your next best option is to wait until about jan 19 and reevaluate the current situation.


RIP me

did you put all your shit in dbc?
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clearaflagrantj
01/13/18 9:22:56 PM
#61:


All this bloodbath talk is making me want to dump some money into DBC
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Meadz
01/13/18 9:25:20 PM
#62:


i didn't foresee dbc being a coin that whales would manipulate but i guess im holding then.
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ImaAskAQuestion
01/13/18 9:28:53 PM
#63:


But how do you bring those from Coinbase? Like, I still cannot find anything.
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Just curious
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Kazi1212
01/13/18 9:45:51 PM
#64:


ImaAskAQuestion posted...
But how do you bring those from Coinbase? Like, I still cannot find anything.


You click the send icon, little arrow on the top right, then send money over to your deposit address on Binance
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FightingGames
01/13/18 9:57:21 PM
#65:


ICON surpassed $10. It's recovering nicely after the false Korean crypto ban FUD
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TaZa92
01/13/18 11:15:41 PM
#66:


Finally sold my TRX

I over doubled my money on it but I was at like 9x a couple weeks ago

Bought some BAT instead since it's actually legit and relatively unknown for how powerful it could become
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Meadz
01/14/18 12:00:40 AM
#67:


what is BCD on binance?
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DifferentialEquation
01/14/18 12:15:18 AM
#68:


https://www.trumpcoin.com/
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There's no business to be taxed.
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AsucaHayashi
01/14/18 12:45:56 AM
#69:


i ranted about this before but i'm surprised that binance withdrawal fees can still surprise me.

the price for withdrawing BAT is 100 and it's currently trading at 0.70 so they're pretty much asking for a minimum $70 for removing it... goddamn.
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DifferentialEquation
01/14/18 12:53:34 AM
#70:


AsucaHayashi posted...
i ranted about this before but i'm surprised that binance withdrawal fees can still surprise me.

the price for withdrawing BAT is 100 and it's currently trading at 0.70 so they're pretty much asking for a minimum $70 for removing it... goddamn.


wow.... Bittrex is asking for 10 which I thought was a little unreasonable

They also never credited me with the ether I deposited 2 days ago. Thankfully I did a test transaction first of about $10, but it's still annoying
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BillWardsPants
01/14/18 1:33:17 AM
#71:


AsucaHayashi posted...
i ranted about this before but i'm surprised that binance withdrawal fees can still surprise me.

the price for withdrawing BAT is 100 and it's currently trading at 0.70 so they're pretty much asking for a minimum $70 for removing it... goddamn.


Arent their withdrawal fees dynamic? Its currently saying 19 BAT to withdraw.

VRbcW1L

I mean, its ridiculous, but their transfer fees arent too bad, especially if you have some BNB.
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Turtlebread
01/14/18 1:33:58 AM
#72:


they're dynamic now, but they're still too high
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Rob Cesternino
01/14/18 1:34:23 AM
#73:


http://www.businessinsider.com/bitcoin-technology-blockchain-only-halfway-through-its-evolution-2018-1

According to this, blockchain technology won't reach mainstream adoption until 2025

We're very, very early to the party
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Turtlebread
01/14/18 5:34:11 AM
#74:


down 10k since yesterday
time to delete blockfolio and not look at prices for a month
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0AbsoluteZero0
01/14/18 5:36:38 AM
#75:


Turtlebread posted...
down 10k since yesterday
time to delete blockfolio and not look at prices for a month

I know, right? Its maddening lol
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-The Admirable
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ArchangelBaruch
01/14/18 6:06:36 AM
#76:


Turtlebread posted...
down 10k since yesterday
time to delete blockfolio and not look at prices for a month


We're 24h away from Wall Street bonuses. If I were you I'd keep it installed for a couple days, if only for the morale boost.
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Turtlebread
01/14/18 6:11:13 AM
#77:


ArchangelBaruch posted...
Turtlebread posted...
down 10k since yesterday
time to delete blockfolio and not look at prices for a month


We're 24h away from Wall Street bonuses. If I were you I'd keep it installed for a couple days, if only for the morale boost.


I think people always overestimate the effect of things like that on the cryptomarket
I've seen so many similar calls that fell flat
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ArchangelBaruch
01/14/18 6:41:35 AM
#78:


Turtlebread posted...
ArchangelBaruch posted...
Turtlebread posted...
down 10k since yesterday
time to delete blockfolio and not look at prices for a month


We're 24h away from Wall Street bonuses. If I were you I'd keep it installed for a couple days, if only for the morale boost.


I think people always overestimate the effect of things like that on the cryptomarket
I've seen so many similar calls that fell flat


I mean, at least it shouldn't fall further.

You should hodl anyway.
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Turtlebread
01/14/18 6:46:38 AM
#79:


ArchangelBaruch posted...
Turtlebread posted...
ArchangelBaruch posted...
Turtlebread posted...
down 10k since yesterday
time to delete blockfolio and not look at prices for a month


We're 24h away from Wall Street bonuses. If I were you I'd keep it installed for a couple days, if only for the morale boost.


I think people always overestimate the effect of things like that on the cryptomarket
I've seen so many similar calls that fell flat


I mean, at least it shouldn't fall further.

You should hodl anyway.


Yeah of course I'm not going to sell.
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#80
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The_Juice_
01/14/18 10:37:29 AM
#81:


Ex-Kefiroth posted...
Alts are getting crushed again, ugh


Every this the topic slows down like this I just kind of assume this is the case.
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CapnMuffin
01/14/18 10:52:20 AM
#82:


Always depressing to watch these slumps. At the highest point of a PnD I had $67k. Now Im at $39k lol

But having this masternode income def offsets it. I get 37.5 ALQO a day. So when things bounce back Ill have that extra coin to kick it up a notch.

While things are down Im looking for another one. Maybe Crave?
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#83
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assassinCrash
01/14/18 12:05:33 PM
#84:


Opinions on ECA?
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Sigs are overrated
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crazygamer21
01/14/18 12:23:36 PM
#85:


I'm glad I switched a little of my holdings over to NEO.
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ItsYourFault
01/14/18 1:10:51 PM
#86:


another down day.
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Slaya4
01/14/18 1:40:05 PM
#87:


I have CRAVE but I have yet to setup the MN. I think tomorrow Im going to dedicate the day in setting it up.

I was looking at MDC too
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Am I going too hard?
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ItsYourFault
01/14/18 1:43:35 PM
#88:


hope shit keeps dropping til i get my refund check

that would be perfect
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The_Juice_
01/14/18 1:51:05 PM
#89:


Just need ETH to take one more decent dip so I can toss a nice chunk into it.
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ItsYourFault
01/14/18 2:10:54 PM
#90:


VIBE looks interesting
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FightingGames
01/14/18 2:57:29 PM
#91:


I think the correction is over - there is a reversal in a lot of the graphs
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#92
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CapnMuffin
01/14/18 3:46:43 PM
#93:


Looking at my first ever ETH purchase. 5 ETH for $90 a piece. lol
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3DSFC : 0860-3930-2170 | NNID : CapnMuffin | XBGT : Capn Muffin
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kinetika_
01/14/18 3:52:36 PM
#94:


CapnMuffin posted...
Looking at my first ever ETH purchase. 5 ETH for $90 a piece. lol


Geez, if i bought in then, i would have had 50 eth or so.
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Dat_Cracka_Jax
01/14/18 5:58:30 PM
#95:


The_Juice_ posted...
Ex-Kefiroth posted...
Alts are getting crushed again, ugh


Every this the topic slows down like this I just kind of assume this is the case.

Exactly. When things are bearish, no one posts
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beechesfreeman
01/14/18 6:29:11 PM
#96:


ride the train for one more year

remember LTC was 3 dollars in January 2017

find your LTC
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Grandad Beaches Freeman
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crazygamer21
01/14/18 6:54:31 PM
#97:


Anyone else using ethercraft? I'm getting some nice returns on it.
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FightingGames
01/14/18 7:00:37 PM
#98:


beechesfreeman posted...
ride the train for one more year

remember LTC was 3 dollars in January 2017

find your LTC

some of us are betting on ALQO. I have a feeling that this will be Germany's own ethereum-like blockchain
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Slaya4
01/14/18 7:17:41 PM
#99:


ALQO finna blow up these coming months. Stock up on some because whether it goes up or down short term its flying long term.

New announcement has made the price shot up.
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beechesfreeman
01/14/18 7:36:18 PM
#100:


Alqo ain't in binance though, I don't wanna join another exchange
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Grandad Beaches Freeman
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ItsYourFault
01/14/18 7:40:49 PM
#101:


did you guys get your alqo out of coinsmarkets eventually?
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