Current Events > Crypto General #15: Stop Whining

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FLUFFYGERM 01/18/18 1:20:47 PM #308:	CapnMuffin posted... I work at a bank and I can tell you right now AML and the BSA is in full tilt right now. Decentralized Crypto is the future but not for a long long while. I invest in Ripple because I see it as a stepping stone to that point. the people with real money already know that Ripple is worth investing into tbqh --- but Marxist theory is extremely consistent, both internally and with reality. -averagejeol <cite>FLUFFYGERM posted [p:894303340] in Crypto Gen... [t:76210150]...</cite> <quote><cite>CapnMuffin posted...</cite> <quote>I work at a bank and I can tell you right now AML and the BSA is in full tilt right now. Decentralized Crypto is the future but not for a long long while. I invest in Ripple because I see it as a stepping stone to that point.</quote> the people with real money already know that Ripple is worth investing into tbqh</quote> ... Copied to Clipboard!
clearaflagrantj 01/18/18 1:30:36 PM #309:	Turtlebread posted... Killing banks was never the point of crypto The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point. <cite>clearaflagrantj posted [p:894303997] in Crypto Gen... [t:76210150]...</cite> <quote><cite>Turtlebread posted...</cite> <quote>Killing banks was never the point of crypto</quote> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point.</quote> ... Copied to Clipboard!
Turtlebread 01/18/18 1:33:53 PM #310:	clearaflagrantj posted... Turtlebread posted... Killing banks was never the point of crypto The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point. one line written by one person who didn't even come up with the idea of bitcoin --- http://i.imgur.com/yCW15Zn.jpg <cite>Turtlebread posted [p:894304231] in Crypto Gen... [t:76210150]...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote>Killing banks was never the point of crypto</quote> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point.</quote> one line written by one person who didn't even come up with the idea of bitcoin</quote> ... Copied to Clipboard!
GoriIIa 01/18/18 1:40:03 PM #311:	good afternoon everyone almost friday :) --- f*** dean spanos <cite>GoriIIa posted [p:894304613] in Crypto Gen... [t:76210150]...</cite> <quote>good afternoon everyone almost friday :)</quote> ... Copied to Clipboard!
BillWardsPants 01/18/18 2:38:29 PM #312:	Im basically even since Sunday. Was hoping VEN and ICX would dip further, but whatever. --- As a wise man once said, "Fool me once, shame on...shame on you. Fool me... you can't get fooled again." <cite>BillWardsPants posted [p:894308449] in Crypto Gen... [t:76210150]...</cite> <quote>Im basically even since Sunday. Was hoping VEN and ICX would dip further, but whatever.</quote> ... Copied to Clipboard!
clearaflagrantj 01/18/18 2:53:50 PM #313:	Turtlebread posted... clearaflagrantj posted... Turtlebread posted... Killing banks was never the point of crypto The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point. one line written by one person who didn't even come up with the idea of bitcoin That is in the genesis block of Bitcoin by Satoshi Nakomoto... <cite>clearaflagrantj posted [p:894309538] in Crypto Gen... [t:76210150]...</cite> <quote><cite>Turtlebread posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote>Killing banks was never the point of crypto</quote> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point.</quote> one line written by one person who didn't even come up with the idea of bitcoin</quote> That is in the genesis block of Bitcoin by Satoshi Nakomoto...</quote> ... Copied to Clipboard!
CiIantro 01/18/18 2:56:35 PM #315:	clearaflagrantj posted... Turtlebread posted... clearaflagrantj posted... Turtlebread posted... Killing banks was never the point of crypto The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point. one line written by one person who didn't even come up with the idea of bitcoin That is in the genesis block of Bitcoin by Satoshi Nakomoto... ROFLMAO <cite>CiIantro posted [p:894309704] in Crypto Gen... [t:76210150]...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote>Killing banks was never the point of crypto</quote> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point.</quote> one line written by one person who didn't even come up with the idea of bitcoin</quote> That is in the genesis block of Bitcoin by Satoshi Nakomoto...</quote> ROFLMAO</quote> ... Copied to Clipboard!
Turtlebread 01/18/18 2:59:53 PM #316:	CiIantro posted... clearaflagrantj posted... Turtlebread posted... clearaflagrantj posted... Turtlebread posted... Killing banks was never the point of crypto The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point. one line written by one person who didn't even come up with the idea of bitcoin That is in the genesis block of Bitcoin by Satoshi Nakomoto... ROFLMAO Yeah, that's exactly what I meant. Satoshi didn't come up with the idea. --- http://i.imgur.com/yCW15Zn.jpg <cite>Turtlebread posted [p:894309931] in Crypto Gen... [t:76210150]...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote>Killing banks was never the point of crypto</quote> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point.</quote> one line written by one person who didn't even come up with the idea of bitcoin</quote> That is in the genesis block of Bitcoin by Satoshi Nakomoto...</quote> ROFLMAO</quote> Yeah, that's exactly what I meant. Satoshi didn't come up with the idea.</quote> ... Copied to Clipboard!
Drasilor 01/18/18 3:01:44 PM #317:	Turtlebread posted... CiIantro posted... clearaflagrantj posted... Turtlebread posted... clearaflagrantj posted... Turtlebread posted... Killing banks was never the point of crypto The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point. one line written by one person who didn't even come up with the idea of bitcoin That is in the genesis block of Bitcoin by Satoshi Nakomoto... ROFLMAO Yeah, that's exactly what I meant. Satoshi didn't come up with the idea. Stop embarrassing yourself --- #mypresidentistrump <cite>Drasilor posted [p:894310076] in Crypto Gen... [t:76210150]...</cite> <quote><cite>Turtlebread posted...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote>Killing banks was never the point of crypto</quote> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point.</quote> one line written by one person who didn't even come up with the idea of bitcoin</quote> That is in the genesis block of Bitcoin by Satoshi Nakomoto...</quote> ROFLMAO</quote> Yeah, that's exactly what I meant. Satoshi didn't come up with the idea.</quote> Stop embarrassing yourself</quote> ... Copied to Clipboard!
Turtlebread 01/18/18 3:02:33 PM #318:	Drasilor posted... Turtlebread posted... CiIantro posted... clearaflagrantj posted... Turtlebread posted... clearaflagrantj posted... Turtlebread posted... Killing banks was never the point of crypto The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point. one line written by one person who didn't even come up with the idea of bitcoin That is in the genesis block of Bitcoin by Satoshi Nakomoto... ROFLMAO Yeah, that's exactly what I meant. Satoshi didn't come up with the idea. Stop embarrassing yourself Read Wei Dai's proposal. You people don't even know the history of your own 'revolution'. --- http://i.imgur.com/yCW15Zn.jpg <cite>Turtlebread posted [p:894310134] in Crypto Gen... [t:76210150]...</cite> <quote><cite>Drasilor posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>Turtlebread posted...</cite> <quote>Killing banks was never the point of crypto</quote> The Times 03/Jan/2009 Chancellor on brink of second bailout for banks It was the ENTIRE point.</quote> one line written by one person who didn't even come up with the idea of bitcoin</quote> That is in the genesis block of Bitcoin by Satoshi Nakomoto...</quote> ROFLMAO</quote> Yeah, that's exactly what I meant. Satoshi didn't come up with the idea.</quote> Stop embarrassing yourself</quote> Read Wei Dai's proposal. You people don't even know the history of your own 'revolution'.</quote> ... Copied to Clipboard!
tiddies 01/18/18 3:03:04 PM #319:	Who here has the biggest crypto stash? --- https://a.pomf.cat/rxmpmw.jpg <cite>tiddies posted [p:894310166] in Crypto Gen... [t:76210150]...</cite> <quote>Who here has the biggest crypto stash?</quote> ... Copied to Clipboard!
ItsYourFault 01/18/18 3:25:30 PM #320:	tiddies posted... Who here has the biggest crypto stash? Crypto mcduck <cite>ItsYourFault posted [p:894311573] in Crypto Gen... [t:76210150]...</cite> <quote><cite>tiddies posted...</cite> <quote>Who here has the biggest crypto stash?</quote> Crypto mcduck</quote> ... Copied to Clipboard!
CapnMuffin 01/18/18 3:27:52 PM #321:	tiddies posted... Who here has the biggest crypto stash? Someone here, I forgot his name, had a nice stash of Neblio worth $90K a few weeks ago. --- "its okay a lizard ate me and elucidated my fate" - MJ_Max on Dark Souls 3DSFC : 0860-3930-2170 \| NNID : CapnMuffin \| XBGT : Capn Muffin <cite>CapnMuffin posted [p:894311735] in Crypto Gen... [t:76210150]...</cite> <quote><cite>tiddies posted...</cite> <quote>Who here has the biggest crypto stash?</quote> Someone here, I forgot his name, had a nice stash of Neblio worth $90K a few weeks ago.</quote> ... Copied to Clipboard!
BillWardsPants 01/18/18 3:57:46 PM #322:	Does anyone understand the new tax laws on trading crypto? Im just going to assume Im only going to be taxed on gains? Like, for example, I buy $1,000 of Ethereum, send it to Binance, trade that $1,000 for NEO, Im not going to have to pay any taxes yet? If I make a gain of $500 on the NEO, trade it back into Ether for $1,500, send it to (lets say) Coinbase, trade it for USD (not sure if I have to do that, since I havent taken any profits out) and withdrawal it all into my bank, am I getting taxed on the $500 gain when I trade the NEO for Ether, and when I trade that for USD, and again when I withdrawal it? Its confusing to me. --- As a wise man once said, "Fool me once, shame on...shame on you. Fool me... you can't get fooled again." <cite>BillWardsPants posted [p:894313752] in Crypto Gen... [t:76210150]...</cite> <quote>Does anyone understand the new tax laws on trading crypto? Im just going to assume Im only going to be taxed on gains? Like, for example, I buy $1,000 of Ethereum, send it to Binance, trade that $1,000 for NEO, Im not going to have to pay any taxes yet? If I make a gain of $500 on the NEO, trade it back into Ether for $1,500, send it to (lets say) Coinbase, trade it for USD (not sure if I have to do that, since I havent taken any profits out) and withdrawal it all into my bank, am I getting taxed on the $500 gain when I trade the NEO for Ether, and when I trade that for USD, and again when I withdrawal it? Its confusing to me.</quote> ... Copied to Clipboard!
Slaya4 01/18/18 4:08:48 PM #323:	If you guys are looking for a MN then check out MDC. Its ~$2000 right now and had a low supply. I dont personally believe in what the coin is trying to achieve, but hey MN and low supply. Not too much to go wrong. --- Am I going too hard? <cite>Slaya4 posted [p:894314444] in Crypto Gen... [t:76210150]...</cite> <quote>If you guys are looking for a MN then check out MDC. Its ~$2000 right now and had a low supply. I dont personally believe in what the coin is trying to achieve, but hey MN and low supply. Not too much to go wrong.</quote> ... Copied to Clipboard!
CommonStar 01/18/18 5:18:18 PM #324:	https://www.youtube.com/watch?v=KDSWSl_2wRg <cite>CommonStar posted [p:894318644] in Crypto Gen... [t:76210150]...</cite> <quote> https://www.youtube.com/watch?v=KDSWSl_2wRg</quote> ... Copied to Clipboard!
Slaya4 01/18/18 5:59:50 PM #325:	Have you guys recently started getting a shift of mindset as far as finances go? I noticed that im more willing to spend a little extra on better food (not ramen noodles every night) and I give out a little more of my own money to someone more in need than me. I was like that before, but now I noticed its more amplified. I guess I feel a whole lot more secure and less stress than I did when I only had a few BTC. I think the ALQO mn did it tbh. --- Am I going too hard? <cite>Slaya4 posted [p:894321041] in Crypto Gen... [t:76210150]...</cite> <quote>Have you guys recently started getting a shift of mindset as far as finances go? I noticed that im more willing to spend a little extra on better food (not ramen noodles every night) and I give out a little more of my own money to someone more in need than me. I was like that before, but now I noticed its more amplified. I guess I feel a whole lot more secure and less stress than I did when I only had a few BTC. I think the ALQO mn did it tbh.</quote> ... Copied to Clipboard!
Rob Cesternino 01/18/18 7:43:58 PM #326:	After numerous delays, I finally got my first ALQO Masternode payment. This is exhilarating. I could get used to this --- Stop asking me if I'm Jessica Simpson. Jewish girls Survivor is the greatest show EVER. are hawt <cite>Rob Cesternino posted [p:894327360] in Crypto Gen... [t:76210150]...</cite> <quote>After numerous delays, I finally got my first ALQO Masternode payment. This is exhilarating. I could get used to this</quote> ... Copied to Clipboard!
iamintents 01/18/18 8:14:27 PM #327:	so who should i donate my bat payments to? im not a millennial thats into yt'ers --- http://i.imgur.com/rCECrB9.gif <cite>iamintents posted [p:894329261] in Crypto Gen... [t:76210150]...</cite> <quote>so who should i donate my bat payments to? im not a millennial thats into yt'ers</quote> ... Copied to Clipboard!
CiIantro 01/18/18 8:20:20 PM #328:	iamintents posted... so who should i donate my bat payments to? im not a millennial thats into yt'ers Any Youtubers you like? <cite>CiIantro posted [p:894329678] in Crypto Gen... [t:76210150]...</cite> <quote><cite>iamintents posted...</cite> <quote>so who should i donate my bat payments to? im not a millennial thats into yt'ers</quote> Any Youtubers you like?</quote> ... Copied to Clipboard!
iamintents 01/18/18 8:20:55 PM #329:	CiIantro posted... iamintents posted... so who should i donate my bat payments to? im not a millennial thats into yt'ers Any Youtubers you like? no i find them all uninteresting. the only one i could stomach was yhatzee --- http://i.imgur.com/rCECrB9.gif <cite>iamintents posted [p:894329714] in Crypto Gen... [t:76210150]...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>iamintents posted...</cite> <quote>so who should i donate my bat payments to? im not a millennial thats into yt'ers</quote> Any Youtubers you like?</quote> no i find them all uninteresting. the only one i could stomach was yhatzee</quote> ... Copied to Clipboard!
iamintents 01/18/18 8:24:53 PM #330:	yeah ill donate all to escapist's page --- http://i.imgur.com/rCECrB9.gif <cite>iamintents posted [p:894330013] in Crypto Gen... [t:76210150]...</cite> <quote>yeah ill donate all to escapist's page</quote> ... Copied to Clipboard!
wallmasterz 01/18/18 9:24:15 PM #331:	Whoever you donate to, just make sure they have a large following and are all but certain to plug BAT. --- I need to update my signature. <cite>wallmasterz posted [p:894333704] in Crypto Gen... [t:76210150]...</cite> <quote>Whoever you donate to, just make sure they have a large following and are all but certain to plug BAT.</quote> ... Copied to Clipboard!
The_Juice_ 01/18/18 9:39:28 PM #332:	Sad I didn't buy anything during the dip. I know I play it safe (market went bananas for a bit there), and that's certainly safer in the long run but so many missed gains. On the bright 3/4 of my main holds have come back a bit (ETH/SIA/BAT), so I can't do too much complaining. ~~Fuck LTC though lol~~ --- Difference in men & women: http://i.imgur.com/kHCwK2p.jpg Broncos l Raptors l Dodgers l Maple Leafs l UCLA <cite>The_Juice_ posted [p:894334534] in Crypto Gen... [t:76210150]...</cite> <quote>Sad I didn't buy anything during the dip. I know I play it safe (market went bananas for a bit there), and that's certainly safer in the long run but so many missed gains. On the bright 3/4 of my main holds have come back a bit (ETH/SIA/BAT), so I can't do too much complaining. Fuck LTC though lol</quote> ... Copied to Clipboard!
#333	Post #333 was unavailable or deleted.
SoIidLegacy 01/18/18 10:28:19 PM #334:	Think we just had a little head & shoulders there. --- 'It's better to be a coward for a minute than dead for the rest of your life.' <cite>SoIidLegacy posted [p:894337394] in Crypto Gen... [t:76210150]...</cite> <quote>Think we just had a little head & shoulders there.</quote> ... Copied to Clipboard!
MrGabesnake 01/18/18 10:29:42 PM #335:	I could try to time this dip but the odds are not worth it. The market is overall bull medium-term --- -Gabesnake <cite>MrGabesnake posted [p:894337471] in Crypto Gen... [t:76210150]...</cite> <quote>I could try to time this dip but the odds are not worth it. The market is overall bull medium-term</quote> ... Copied to Clipboard!
twitterfriends 01/19/18 5:00:09 AM #336:	The official Neblio #NTP1 web wallet will go live any day now! 2 clicks and ANYONE can issue a brand new #NTP1 token on the Neblio Blockchain! Not only does it support NTP1 but it will be the first web wallet to support NEBL as well! Are you ready!?! --- #NotMyPresident #JusticeDemocrats #Neblio #WolfPAC #Bitcoin #WeAre12 #12thMan #Seahawks #Belieber #DENT #UBI #PokemonGo #twitterfriends #MMA #PopularHashtags <cite>twitterfriends posted [p:894352059] in Crypto Gen... [t:76210150]...</cite> <quote>The official Neblio #NTP1 web wallet will go live any day now! 2 clicks and ANYONE can issue a brand new #NTP1 token on the Neblio Blockchain! Not only does it support NTP1 but it will be the first web wallet to support NEBL as well! Are you ready!?! </quote> ... Copied to Clipboard!
solosnake 01/19/18 5:15:23 AM #337:	What do you guys think the next coin to blow up is? --- "We would have no NBA possibly if they got rid of all the flopping." ~ Dwyane Wade http://i.imgur.com/MYYEIx5.gif http://i.imgur.com/WGE12ef.jpg <cite>solosnake posted [p:894352445] in Crypto Gen... [t:76210150]...</cite> <quote>What do you guys think the next coin to blow up is?</quote> ... Copied to Clipboard!
SoIidLegacy 01/19/18 10:46:01 AM #338:	solosnake posted... What do you guys think the next coin to blow up is? I guess nobody dares to guess. I just hope it won't take all year. I have been pondering on another question that was asked a while ago: how much money will you need to have earned before you quit my day job? I don't think I'll ever quit 100%, because I enjoy the social contacts through my job and I still get to check the market in between moments at work. I will cut down to 1 or 2 days if I reach 100k --- 'It's better to be a coward for a minute than dead for the rest of your life.' <cite>SoIidLegacy posted [p:894362814] in Crypto Gen... [t:76210150]...</cite> <quote><cite>solosnake posted...</cite> <quote>What do you guys think the next coin to blow up is?</quote> I guess nobody dares to guess. I just hope it won't take all year. I have been pondering on another question that was asked a while ago: how much money will you need to have earned before you quit my day job? I don't think I'll ever quit 100%, because I enjoy the social contacts through my job and I still get to check the market in between moments at work. I will cut down to 1 or 2 days if I reach 100k</quote> ... Copied to Clipboard!
Classic026 01/19/18 11:01:50 AM #339:	solosnake posted... What do you guys think the next coin to blow up is? Either XLM when FairX gets launched or ICX when they release their mainnet later this month. --- Sup <cite>Classic026 posted [p:894363672] in Crypto Gen... [t:76210150]...</cite> <quote><cite>solosnake posted...</cite> <quote>What do you guys think the next coin to blow up is?</quote> Either XLM when FairX gets launched or ICX when they release their mainnet later this month.</quote> ... Copied to Clipboard!
PonyLivesMatter 01/19/18 11:03:17 AM #340:	Going back up now. <cite>PonyLivesMatter posted [p:894363744] in Crypto Gen... [t:76210150]...</cite> <quote>Going back up now.</quote> ... Copied to Clipboard!
clearaflagrantj 01/19/18 11:54:45 AM #341:	Visualization of the Lightning Network on Bitcoin's mainnet: https://lnmainnet.gaben.win/# It's here folks, a $100,000 Bitcoin is a foregone conclusion, any altcoin that is merely a currency and does not offer a utility is fucked. <cite>clearaflagrantj posted [p:894366589] in Crypto Gen... [t:76210150]...</cite> <quote>Visualization of the Lightning Network on Bitcoin's mainnet: https://lnmainnet.gaben.win/# It's here folks, a $100,000 Bitcoin is a foregone conclusion, any altcoin that is merely a currency and does not offer a utility is fucked.</quote> ... Copied to Clipboard!
ItsYourFault 01/19/18 12:00:31 PM #342:	clearaflagrantj posted... Visualization of the Lightning Network on Bitcoin's mainnet: https://lnmainnet.gaben.win/# It's here folks, a $100,000 Bitcoin is a foregone conclusion, any altcoin that is merely a currency and does not offer a utility is fucked. Wat this mean for lite? <cite>ItsYourFault posted [p:894366942] in Crypto Gen... [t:76210150]...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote>Visualization of the Lightning Network on Bitcoin's mainnet: https://lnmainnet.gaben.win/# It's here folks, a $100,000 Bitcoin is a foregone conclusion, any altcoin that is merely a currency and does not offer a utility is fucked.</quote> Wat this mean for lite?</quote> ... Copied to Clipboard!
CiIantro 01/19/18 12:05:37 PM #343:	solosnake posted... What do you guys think the next coin to blow up is? I still think it is BAT. One of only a few coins with a solid, working product. <cite>CiIantro posted [p:894367259] in Crypto Gen... [t:76210150]...</cite> <quote><cite>solosnake posted...</cite> <quote>What do you guys think the next coin to blow up is?</quote> I still think it is BAT. One of only a few coins with a solid, working product.</quote> ... Copied to Clipboard!
clearaflagrantj 01/19/18 12:22:50 PM #344:	ItsYourFault posted... Wat this mean for lite? It's hard to say. Atomic Swaps are coming to Bitcoin and Litecoin in the next couple of months, which is a way to exchange between the two instantly without going through an exchange. So if Lightning Network didn't exist atomic swaps would offer a way to smoothly exchange Bitcoin into Litecoin for faster and cheaper transactions, so people could avoid fees and slow payments that way. In its current model paying with Bitcoin over the Lightning Network requires opening up a Lightning Network account, sort of like a preloaded gift card for low fee fast transactions, and payments are made across hubs in that channel. It's like a warp pipe in Mario almost. Ideally Lightning Network devs would created an interface to keep most of this shit under the hood so the layman could use it. So atomic swaps and the Lightning Network are both two ways of tackling scalability. Litecoin could be rendered obsolete if the Lightning Network is both successful and has a user friendly interface. That being said Litecoin can still be utilized for its original purpose: as a test playground for new Bitcoin technologies. tl;dr Bitcoin and Litecoin can see gains across different timescales and their technologies improve, and it's hard to say what the ideal ratio for holding them is. I'd say Bitcoin is the safer bet for long term gains, the LTC/BTC could absolutely improve and see stellar gains in the short/mid term, but it's longterm success will always be dependent on Bitcoin. FWIW I'm 40% ETH, 25% BTC, 20% LTC, and 10% alts (NEO, XMR, XRB mostly). All my new money is invested into ETH and alts. <cite>clearaflagrantj posted [p:894368251] in Crypto Gen... [t:76210150]...</cite> <quote><cite>ItsYourFault posted...</cite> <quote>Wat this mean for lite?</quote> It's hard to say. Atomic Swaps are coming to Bitcoin and Litecoin in the next couple of months, which is a way to exchange between the two instantly without going through an exchange. So if Lightning Network didn't exist atomic swaps would offer a way to smoothly exchange Bitcoin into Litecoin for faster and cheaper transactions, so people could avoid fees and slow payments that way. In its current model paying with Bitcoin over the Lightning Network requires opening up a Lightning Network account, sort of like a preloaded gift card for low fee fast transactions, and payments are made across hubs in that channel. It's like a warp pipe in Mario almost. Ideally Lightning Network devs would created an interface to keep most of this shit under the hood so the layman could use it. So atomic swaps and the Lightning Network are both two ways of tackling scalability. Litecoin could be rendered obsolete if the Lightning Network is both successful and has a user friendly interface. That being said Litecoin can still be utilized for its original purpose: as a test playground for new Bitcoin technologies. tl;dr Bitcoin and Litecoin can see gains across different timescales and their technologies improve, and it's hard to say what the ideal ratio for holding them is. I'd say Bitcoin is the safer bet for long term gains, the LTC/BTC could absolutely improve and see stellar gains in the short/mid term, but it's longterm success will always be dependent on Bitcoin. FWIW I'm 40% ETH, 25% BTC, 20% LTC, and 10% alts (NEO, XMR, XRB mostly). All my new money is invested into ETH and alts.</quote> ... Copied to Clipboard!
ItsYourFault 01/19/18 12:25:20 PM #345:	Thanks clear <cite>ItsYourFault posted [p:894368406] in Crypto Gen... [t:76210150]...</cite> <quote>Thanks clear</quote> ... Copied to Clipboard!
clearaflagrantj 01/19/18 12:25:22 PM #346:	CiIantro posted... solosnake posted... What do you guys think the next coin to blow up is? I still think it is BAT. One of only a few coins with a solid, working product. BAT is amazing because unlike other coins, when BAT sees massive tech upgrades and adoption the price remains stagnant. It should be a fucking top 15 coin by now <cite>clearaflagrantj posted [p:894368408] in Crypto Gen... [t:76210150]...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>solosnake posted...</cite> <quote>What do you guys think the next coin to blow up is?</quote> I still think it is BAT. One of only a few coins with a solid, working product.</quote> BAT is amazing because unlike other coins, when BAT sees massive tech upgrades and adoption the price remains stagnant. It should be a fucking top 15 coin by now</quote> ... Copied to Clipboard!
ItsYourFault 01/19/18 12:28:04 PM #347:	Im hoping these test payments help bat <cite>ItsYourFault posted [p:894368556] in Crypto Gen... [t:76210150]...</cite> <quote>Im hoping these test payments help bat</quote> ... Copied to Clipboard!
CiIantro 01/19/18 12:47:33 PM #348:	clearaflagrantj posted... CiIantro posted... solosnake posted... What do you guys think the next coin to blow up is? I still think it is BAT. One of only a few coins with a solid, working product. BAT is amazing because unlike other coins, when BAT sees massive tech upgrades and adoption the price remains stagnant. It should be a fucking top 15 coin by now Agreed. Eventually the big money will realize what is going on, and it will explode. <cite>CiIantro posted [p:894369712] in Crypto Gen... [t:76210150]...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>solosnake posted...</cite> <quote>What do you guys think the next coin to blow up is?</quote> I still think it is BAT. One of only a few coins with a solid, working product.</quote> BAT is amazing because unlike other coins, when BAT sees massive tech upgrades and adoption the price remains stagnant. It should be a fucking top 15 coin by now</quote> Agreed. Eventually the big money will realize what is going on, and it will explode.</quote> ... Copied to Clipboard!
ItsYourFault 01/19/18 12:49:14 PM #349:	CiIantro posted... clearaflagrantj posted... CiIantro posted... solosnake posted... What do you guys think the next coin to blow up is? I still think it is BAT. One of only a few coins with a solid, working product. BAT is amazing because unlike other coins, when BAT sees massive tech upgrades and adoption the price remains stagnant. It should be a fucking top 15 coin by now Agreed. Eventually the big money will realize what is going on, and it will explode. Man bat! <cite>ItsYourFault posted [p:894369823] in Crypto Gen... [t:76210150]...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>CiIantro posted...</cite> <quote><cite>solosnake posted...</cite> <quote>What do you guys think the next coin to blow up is?</quote> I still think it is BAT. One of only a few coins with a solid, working product.</quote> BAT is amazing because unlike other coins, when BAT sees massive tech upgrades and adoption the price remains stagnant. It should be a fucking top 15 coin by now</quote> Agreed. Eventually the big money will realize what is going on, and it will explode.</quote> Man bat!</quote> ... Copied to Clipboard!
#350	Post #350 was unavailable or deleted.
FightingGames 01/19/18 2:00:13 PM #351:	holy shit. My $16000 worth of ALQO is gonna be back soon --- https://my.mixtape.moe/xmsgxb.jpg <cite>FightingGames posted [p:894374312] in Crypto Gen... [t:76210150]...</cite> <quote>holy shit. My $16000 worth of ALQO is gonna be back soon </quote> ... Copied to Clipboard!
Turtlebread 01/19/18 2:02:38 PM #352:	ALQO masterbros unite --- http://i.imgur.com/yCW15Zn.jpg <cite>Turtlebread posted [p:894374460] in Crypto Gen... [t:76210150]...</cite> <quote>ALQO masterbros unite</quote> ... Copied to Clipboard!
ItsYourFault 01/19/18 2:03:19 PM #353:	26_Sandman_39 posted... I would probably put more money into BAT if there wasn't just one person in this topic shilling it all the time. Go away <cite>ItsYourFault posted [p:894374514] in Crypto Gen... [t:76210150]...</cite> <quote><cite>26_Sandman_39 posted...</cite> <quote>I would probably put more money into BAT if there wasn't just one person in this topic shilling it all the time.</quote> Go away</quote> ... Copied to Clipboard!
FLUFFYGERM 01/19/18 2:03:33 PM #354:	It's hilarious watching clear talk about "lightning network" and "atomic swaps" and other buzzwords he picked up from his ponzi scheme classes. In reality none of those things matter. It is too late for BTC. The electricity required by the network and the increasingly slow transaction times won't be meaningfully impacted by any of those buzzwords. Once China completes its crack down on BTC mining and selling, it's game over. --- but Marxist theory is extremely consistent, both internally and with reality. -averagejeol <cite>FLUFFYGERM posted [p:894374528] in Crypto Gen... [t:76210150]...</cite> <quote>It's hilarious watching clear talk about "lightning network" and "atomic swaps" and other buzzwords he picked up from his ponzi scheme classes. In reality none of those things matter. It is too late for BTC. The electricity required by the network and the increasingly slow transaction times won't be meaningfully impacted by any of those buzzwords. Once China completes its crack down on BTC mining and selling, it's game over.</quote> ... Copied to Clipboard!
Kazi1212 01/19/18 2:47:50 PM #355:	FLUFFYGERM posted... It's hilarious watching clear talk about "lightning network" and "atomic swaps" and other buzzwords he picked up from his ponzi scheme classes. In reality none of those things matter. It is too late for BTC. The electricity required by the network and the increasingly slow transaction times won't be meaningfully impacted by any of those buzzwords. Once China completes its crack down on BTC mining and selling, it's game over. From my own research, Clears posts seem to be spot on. The integration of lightning and Segwit will not only reduce transaction time but it will also reduce fees, developers have already been testing out lightning and widespread adoption seem likely by the end of this year. Secondly, miners have already started hauling equipment to other countries where its profitable to mine, and theres plenty of places in the world still left to do that. Canada in particular is a growing region for mining because its a cold region with cheap electricity. But thats what my research tells me, maybe the information you have is more updated --- I don't know my gimmick <cite>Kazi1212 posted [p:894377190] in Crypto Gen... [t:76210150]...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>It's hilarious watching clear talk about "lightning network" and "atomic swaps" and other buzzwords he picked up from his ponzi scheme classes. In reality none of those things matter. It is too late for BTC. The electricity required by the network and the increasingly slow transaction times won't be meaningfully impacted by any of those buzzwords. Once China completes its crack down on BTC mining and selling, it's game over.</quote> From my own research, Clears posts seem to be spot on. The integration of lightning and Segwit will not only reduce transaction time but it will also reduce fees, developers have already been testing out lightning and widespread adoption seem likely by the end of this year. Secondly, miners have already started hauling equipment to other countries where its profitable to mine, and theres plenty of places in the world still left to do that. Canada in particular is a growing region for mining because its a cold region with cheap electricity. But thats what my research tells me, maybe the information you have is more updated</quote> ... Copied to Clipboard!
closetkpopfan 01/19/18 2:49:08 PM #356:	Kazi1212 posted... From my own research, Clears posts seem to be spot on. The I integration of lightening and Segwit will not only reduce transaction time but it will also reduce fees, developers have already been testing out lightning and widespread adoption seem likely by the end of this year. Secondly, miners have already started hauling equipment to other countries where its profitable to mine, and theres plenty of places in the world still left to do that. Canada in particular is a growing region for mining because its a cold region with cheap electricity. But thats what my research tells me, maybe the information you have is more updated Well he does pull it directly from his ass, so I guess it's updated. --- http://s1.postimage.org/fm1o7jxqn/secret.jpg http://s28.postimg.org/iyw1do0vh/Untitled.png http://s24.postimg.org/unjg0nrtx/1117615_1347687231256_full.jpg <cite>closetkpopfan posted [p:894377280] in Crypto Gen... [t:76210150]...</cite> <quote><cite>Kazi1212 posted...</cite> <quote> From my own research, Clears posts seem to be spot on. The I integration of lightening and Segwit will not only reduce transaction time but it will also reduce fees, developers have already been testing out lightning and widespread adoption seem likely by the end of this year. Secondly, miners have already started hauling equipment to other countries where its profitable to mine, and theres plenty of places in the world still left to do that. Canada in particular is a growing region for mining because its a cold region with cheap electricity. But thats what my research tells me, maybe the information you have is more updated</quote> Well he does pull it directly from his ass, so I guess it's updated.</quote> ... Copied to Clipboard!
FLUFFYGERM 01/19/18 2:50:51 PM #357:	People have been saying bullshit buzzwords about reducing BTC fees and transaction times for damn near a year. It's all just getting worse, even with segwit. The people who are most religious when it comes to promoting this bullshit don't even understand what the technology is or how it works. They just heard it from their favorite cryptobro on twitter and are running with it as if it is gospel. Most mining will cease once China crushes it. Some people will move their gear, but most won't be able to because of the costs and the logistics of having to pick up and move a huge mining operation. Mining is not sustainable in electricity either. It's going to crash. The numbers do not lie. --- but Marxist theory is extremely consistent, both internally and with reality. -averagejeol <cite>FLUFFYGERM posted [p:894377401] in Crypto Gen... [t:76210150]...</cite> <quote>People have been saying bullshit buzzwords about reducing BTC fees and transaction times for damn near a year. It's all just getting worse, even with segwit. The people who are most religious when it comes to promoting this bullshit don't even understand what the technology is or how it works. They just heard it from their favorite cryptobro on twitter and are running with it as if it is gospel. Most mining will cease once China crushes it. Some people will move their gear, but most won't be able to because of the costs and the logistics of having to pick up and move a huge mining operation. Mining is not sustainable in electricity either. It's going to crash. The numbers do not lie.</quote> ... Copied to Clipboard!
Turtlebread 01/19/18 2:54:19 PM #358:	Doesnt lightning network require users to pay fees to open and close a channel whenever they want to make a payment It seems useful for recurring payments but not useful at all for someone making a one off payment to a recipient not connected to the same node Also I read that they seem to get a lot of failed transactions during tests https://imgur.com/a/pbPUw --- http://i.imgur.com/yCW15Zn.jpg <cite>Turtlebread posted [p:894377625] in Crypto Gen... [t:76210150]...</cite> <quote>Doesnt lightning network require users to pay fees to open and close a channel whenever they want to make a payment It seems useful for recurring payments but not useful at all for someone making a one off payment to a recipient not connected to the same node Also I read that they seem to get a lot of failed transactions during tests https://imgur.com/a/pbPUw</quote> ... Copied to Clipboard!
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Current Events > Crypto General #15: Stop Whining (+) Yeah! (+)

Current Events > Crypto General #15: Stop Whining