Official BGOL Crypto Currency Thread ★★★★★

[Mixd]

Bitcoin Soars Over $1,300 As Investors Await Winklevoss ETF Approval From SEC​

March 10, 2017 10:07am NASDAQ:COIN

​

From Tyler Durden: With the SEC decision to approve a Bitcoin ETF looming, the payrolls data-inspired weakness in the USD appears to have sparked a sudden panic bid in Bitcoin, spiking the virtual currency to $1305 — new record highs.

Hard to say if someone ‘knows’ something about the SEC decision or this is a kneejerk to the dollar drop…

​

Additionally, as Bloomberg points out, BitMEX, a bitcoin platform, is offering members the ability to place bets using the digital currency on whether the Winklevoss Bitcoin Trust ETF (NASDAQ:COIN) will be approved by the SEC. Based on the betting, the ETF has a 45% chance of approval. Odds started at about 33% a month ago and jumped to 70% last week before fading. The lawyer who worked on the initial application said it’s unlikely to get approved, while some analysts call it a “coin toss.”

​

The Winklevoss Bitcoin Trust ETF (NASDAQ:COIN) is arguably the most anticipated ETF of all time. It’s been four years in the making and gone through more than a dozen revisions since first being submitted to U.S. regulators.

The SEC will reportedly rule on the ETF by the end of the day today, although there’s always the potential for yet another extension of the ruling.

http://etfdailynews.com/2017/03/10/...stors-await-winklevoss-etf-approval-from-sec/

 

[Mixd]

im standing by monitoring 2 different site and no news yet. but I am on this link but cant understand it just yet. still reading.

https://www.sec.gov/rules/sro/batsbzx.htm

.

Decision will most likely be at 4pm EST

 

[Moving Target]

Thanks. I will be on the move then but rest assured, I will be ears on by 3:45 PM. I don't know whether this etf will get approval or not. im in the single digits in bitcoin, but will be standing by bc im hoping for a yes. I got enough capital rounded up and consolidated to take advantage of it if it jumps and I believe it will if approved.
ALL THE WORK THAT BGOL HAS PUT INTO THIS, THERE WILL BE A PAYOFF ONE WAY OR THE OTHER.Y!

LETS GET THIS MONEY!!!

 

[CurtDawg]

I posted this a couple days ago, but I'll post it again
Download this app from the Google store: "Bitcoin Price and News"

The app monitors all the different cryptocurrency news websites
You can read all the website news articles from that single app
As soon as a story posts on each website (coindesk, cointelegraph, etc), the app will popup a notification on your cell phone

I use it since I'm usually driving during the day for work

 

[Mixd]

 

[LegalMoney]

Holy shit my alts are all major green!!!! Wow!!

 

[LegalMoney]

Come on maid!!

 

[Mixd]

Holy shit my alts are all major green!!!! Wow!!

Man I cleaned up on this shit. Beautiful day

 

[Mack1052]

Congrats fellas. Patience is a virtue

 

[ScottyPiffen745]

Damn, my Monero went from like 10 dollars last night to 12.35

I wish I had bought ETH, tho. Shit went from 1180 like 2-3 weeks ago to 17.80

 

[An RnB Thug]

Even though Bitcoin was denied it bounced RIGHT BACK

 

[GianoJuan]

Anybody else ride the DASH train to $69 today? My bot bought it a while back and I did a manual sell order for 69 back in February seeing how it was always pumped. Was a good surprise this morning to say the least...

 

[guyver]

Anybody else ride the DASH train to $69 today? My bot bought it a while back and I did a manual sell order for 69 back in February seeing how it was always pumped. Was a good surprise this morning to say the least...

I've been holding it since it was in the teens. I don't have any plans to sell until at least evolution. I'm curious to see if they can add major merchants after evolution is in place.

I'm guessing the price is still rising because of the coinbase rumor and Roger Ver saying that he has started using Dash($100000 transfer).

I was hoping for a pull back to 25-30 but that doesn't seem like it will happen anytime soon.

 

[LSN]

Anybody else ride the DASH train to $69 today? My bot bought it a while back and I did a manual sell order for 69 back in February seeing how it was always pumped. Was a good surprise this morning to say the least...

damn...dash might be the first altcoin other than bitcoin to pass $100

 

[GianoJuan]

I've been holding it since it was in the teens. I don't have any plans to sell until at least evolution. I'm curious to see if they can add major merchants after evolution is in place.

I'm guessing the price is still rising because of the coinbase rumor and Roger Ver saying that he has started using Dash($100000 transfer).

I was hoping for a pull back to 25-30 but that doesn't seem like it will happen anytime soon.

Cool, that will be a nice payday.

damn...dash might be the first altcoin other than bitcoin to pass $100

That's what I am banking on too. I have a little left set to $100 and a little higher just sitting there if it jumps one day.

 

[OnSlaught]

School me a bit...

Are ya'll mining with bitminers or your own computers? I'm thinking about entering into this with two bitcoin miners.

A friend of mine in an IT department at a biopharma I work with wants to go in with me on this. I told him he buys two and I buy two and we split profits. We set up the rig in a cold room in one of the labs and wires the LAN connection needed inside the cold room, this way it solves both the problem of keeping the miners cool and having the electricity costs solved. I was thinking about buying two bitmain antminer S9s and he wanted to buy the bitmain antminer S7s. Do y'all think this can work? Is this something that is highly profitable or is it something you have to be in for the long haul? I also don't want to get him in trouble, but I came up with the cold room storage solution and he said that he could just run it through the IP address at the site. Let me know your thoughts.

Thanks in advance for the input...

 

[GianoJuan]

School me a bit...

Are ya'll mining with bitminers or your own computers? I'm thinking about entering into this with two bitcoin miners.

A friend of mine in an IT department at a biopharma I work with wants to go in with me on this. I told him he buys two and I buy two and we split profits. We set up the rig in a cold room in one of the labs and wires the LAN connection needed inside the cold room, this way it solves both the problem of keeping the miners cool and having the electricity costs solved. I was thinking about buying two bitmain antminer S9s and he wanted to buy the bitmain antminer S7s. Do y'all think this can work? Is this something that is highly profitable or is it something you have to be in for the long haul? I also don't want to get him in trouble, but I came up with the cold room storage solution and he said that he could just run it through the IP address at the site. Let me know your thoughts.

Thanks in advance for the input...

I looked into mining and saw you really had to join a pool to make it profitable as tackling it alone usually dropped your hashrate/profitability ratio. But others may have some info on the subject as I am curious too. From what I saw it was too much hassle and overhead for me to do it alone. It's cool you and your friend have the cold room as that's a major component needed.

 

[OnSlaught]

I looked into mining and saw you really had to join a pool to make it profitable as tackling it alone usually dropped your hashrate/profitability ratio. But others may have some info on the subject as I am curious too. From what I saw it was too much hassle and overhead for me to do it alone. It's cool you and your friend have the cold room as that's a major component needed.

Thanks GJ for the response! I guess I'm curious of how much processing power is needed in order to have a viable hashrate/profitability ratio. Also, how large of a community is the pool that you joined? That may give me an idea of what my friend and I will be up against.

 

[GianoJuan]

Thanks GJ for the response! I guess I'm curious of how much processing power is needed in order to have a viable hashrate/profitability ratio. Also, how large of a community is the pool that you joined? That may give me an idea of what my friend and I will be up against.

Nah bruh I'm not in the mining game. But was looking into it. Like I was saying all the stuff I was reading had me question if it was worth it. You have a reliable connection and location so for you it just makes sense. It's a couple of calculators and forums but I started here https://bitcointalk.org/?board=14.0 I got most my info from there.
http://www.coinwarz.com/calculators/bitcoin-mining-calculator was one I looked at.

I got onto the pools here https://www.blocktrail.com/BTC/pools

I know it was one board member here that was using the cloud servers to mine but from all I read a lot called that a big ass ponzi scheme but who knows.

 

[An RnB Thug]

ETH been running, BTC been running.....I think FCT will go up too

Get them shits NOW

 

[guyver]

ETH been running, BTC been running.....I think FCT will go up too

Get them shits NOW

I plan to buy more, but I'm more so thinking about buying ethereum classic.if ethereum can get proof of stake to work, the ethereum miners may move to ethereum classic. Also, I think ethereum classic said they may/will put a cap on the amount of ethereum classic.

 

[LSN]

can someone explain how the fuck is dash doing what it's doing right now???

 

[An RnB Thug]

I plan to buy more, but I'm more so thinking about buying ethereum classic.if ethereum can get proof of stake to work, the ethereum miners may move to ethereum classic. Also, I think ethereum classic said they may/will put a cap on the amount of ethereum classic.

There's still 15% of stolen ETC out there

 

[LSN]

ETH been running, BTC been running.....I think FCT will go up too

Get them shits NOW

I'm looking @ iconomi and litecoin...still doing my homework tho...looking a lil bit @ maidsafe too

 

[guyver]

There's still 15% of stolen ETC out there

Not concerned about that. There is bitcoin that can't be recovered at all and the price is still rising.

There is a risk that the stolen funds could be dumped back into the market, but I may still risk it. For all we know the person could be slowly putting the stolen funds back into the market now.

 

[tonystarks1]

Ethereum will reach $100 by the end of the year and Augur "REP" will be $50 by Sept 1st 2017. It is not a coincidence that as Ethereum goes up so does Augur. You heard it here first and here is the reason why below!

"Augur is a decentralized peer-to-peer marketplace, a new kind of entity made possible by recent breakthroughs in computer science. The purpose of these platforms is to facilitate the exchange of goods and services among perfect strangers on a platform that nobody administers or controls. Augur’s software will run on what’s known as a “blockchain"—a concept introduced in 2008 with the invention of Bitcoin—that's essentially a shared database for executing trades that's powered and maintained by its users.

Bitcoin’s blockchain was designed as a banking ledger of sorts—kind of like a distributed Microsoft Excel file—but Augur will utilize a groundbreaking new project called Ethereum that expands on this concept. Ethereum allows Augur's entire system to live on the blockchain. That means the software and processing power that makes Augur function will be distributed among hundreds or thousands of computers. Destroying Augur would involve unplugging the computers of everyone in the world participating in the Ethereum blockchain."

 

[Tha Great Muta]

Good information don't let this thread leave the 1st page!!!

 

[ScottyPiffen745]

Yeah looks like ETH ain't stopping, might as well jump on the wagon.

 

[xfactor]

I tried to tell the board weeks ago but everyone is caught up in RIPPLE, which won't be anywhere near as successful.

ETH will be the next to go over $100.

I wish I had bought ETH, tho. Shit went from 1180 like 2-3 weeks ago to 17.80

 

[LSN]

I tried to tell the board weeks ago but everyone is caught up in RIPPLE, which won't be anywhere near as successful.

ETH will be the next to go over $100.

I posted info about ETH among a few others that were predicted to blow up this year when this thread was started initially...unfortunately I just don't have the $$$ to play around and dip my shit in too many pots...cats will def make a great profit w/ these other coins...but w/ the buy-in being so low for ripple it can still end up being more profitable than any of these other coins and it doesn't need to crack $50 to do so...seriously ripple just hitting $0.50 could yield more in profits for most folks in this thread than any of these other coins...of course the smart play is to put something in more than one coin if it's feasible

*edit*

a $1000 investment in ETH @ the start of this thread would be worth about $5000 if ETH hit $50...that same $1000 invested in XRP @ the start of this thread would be worth close to $75000 if XRP hits just $0.50...shit it'd still be worth more than that same investment in ETH @ $7500 if it just hits $0.05...XRP is too sexy a gamble to ignore and the risk ain't high @ all...some of these other coins are a safer gamble tho since they are a bit more 'established' @ ethereum...bitcoin etc as they seem to have hit their stride...I still need someone to explain what's going on w/ dash tho...cuz they seem more likely to hit $100 before ETH do

Top 5 Crypto Currencies To Invest in 2016 - Alex Fortin

https://www.alexfortin.com/top-5-crypto-currencies-invest-2016/

brief article I just read that kinda connects to the info in your link

 

[GianoJuan]

I posted info about ETH among a few others that were predicted to blow up this year when this thread was started initially...unfortunately I just don't have the $$$ to play around and dip my shit in too many pots...cats will def make a great profit w/ these other coins...but w/ the buy-in being so low for ripple it can still end up being more profitable than any of these other coins and it doesn't need to crack $50 to do so...seriously ripple just hitting $0.50 could yield more in profits for most folks in this thread than any of these other coins...of course the smart play is to put something in more than one coin if it's feasible

*edit*

a $1000 investment in ETH @ the start of this thread would be worth about $5000 if ETH hit $50...that same $1000 invested in XRP @ the start of this thread would be worth close to $75000 if XRP hits just $0.50...shit it'd still be worth more than that same investment in ETH @ $7500 if it just hits $0.05...XRP is too sexy a gamble to ignore and the risk ain't high @ all...some of these other coins are a safer gamble tho since they are a bit more 'established' @ ethereum...bitcoin etc as they seem to have hit their stride...I still need someone to explain what's going on w/ dash tho...cuz they seem more likely to hit $100 before ETH do

You're right I sold off a chunk of my XRP(too much to be honest) thinking NXC would pop but it didn't. Now I got a ton of NXC hoping it will pump again. But like you said the reward is way greater than the risk because of the buy-in being so low. Needless to say I caught XRP while it was low and got all my XRP back (more than I had before) and it's just on hold. .50 would be cool but .75 would have me telling people to kiss my ass at the job. These coins get pumped and dumped so much I just hope XRP gets its turn to be manipulated by the whales just one good time lol.

too sexy a gamble

I'm have to steal that one

 

[LSN]

damn...NEM was another low risk buy-in @ $0.003 ...shit is @ $0.01 now

1

Bitcoin $16,396,233,242 $1,020 16,078,837 BTC $203,760,000 2.34%
2

Ethereum $730,246,927 $8.34 87,519,497 ETH $14,907,800 1.08%
3

Litecoin $229,695,266 $4.67 49,155,704 LTC $14,052,000 3.53%
4

Ripple $229,438,791 $0.006314 36,337,298,649 XRP * $1,057,540 -1.31%
5

Monero $220,168,130 $16.10 13,674,105 XMR $9,958,570 19.10%
6

Ethereum Classic $125,634,928 $1.44 87,470,621 ETC $2,766,420 4.34%
7

Dash $82,085,421 $11.74 6,994,565 DASH $3,713,580 5.63%
8

MaidSafeCoin $45,021,317 $0.099483 452,552,412 MAID * $583,652 3.47%
9

Augur $43,181,270 $3.93 11,000,000 REP * $240,808 3.25%
10

Steem $37,966,306 $0.165334 229,633,992 STEEM $60,965 2.03%
11

NEM $31,290,390 $0.003477 8,999,999,999 XEM * $65,871 0.61%
12

Factom $25,899,462 $2.96 8,753,219 FCT * $1,111,790 1.85%
13

Iconomi $25,870,146 $0.297358 87,000,000 ICN * $183,399 -8.67%
14

Dogecoin $24,019,306 $0.000223 107,557,477,540

 

[invasor]

I buy 2k on ethereo when I saw was up and i
caught at 18 well se how its going.

 

[Mrfreddygoodbud]

damn...NEM was another low risk buy-in @ $0.003 ...shit is @ $0.01 now

yea shit is crazy, Im pissed at lite coin, I bought it at four bucks, and the mother fucker aint move pass that mark in weeks...

when shit had a history of rising when bitcoin popped...

 

[tonystarks1]

can someone explain how the fuck is dash doing what it's doing right now???

https://cointelegraph.com/explained/dash-price-rise-explained