Official BGOL Crypto Currency Thread ★★★★★

[sumofyallniggasisbitches2]

he doesnt want to be attacked for being the opposition of dreams/desires...or hurt feelings. i can understand that.

I get that but I say let all the info out so we can make our own educated decisions. As long as noone is intentionally being ignorant or disrespectful of others opinions I think this thread should be clear of some of the craziness we see in the other threads. I think we can all agree that what we are discussing and executing here is some real shit and with people's real money being involved ain't nobody got time to deal with ignorance. Just present your position and the facts to back it up and we should be all good, even if we don't necessarily agree.

 

[sumofyallniggasisbitches2]

i already posted it for you...just around this post time.

got it

 

[Spectrum]

he doesnt want to be attacked for being the opposition of dreams/desires...or hurt feelings. i can understand that.

I caught a lot of slack about Ripple. I'm an optimist but a realist.

And there was someone in this thread hyping Ripple while also dumping it. The blockchain is a public ledger. If your address is available anywhere, you can see everything that goes in and out of it.

I'll say one more thing. The exit strategy is VERY important for these coins if you don't believe in the long-term business model of whatever unit of transaction that the coins represent.

Whales sometimes get in VERY early. I got in on verge at 43 sats but reverse tracked on board where people share what they've purchased and there were real whales that accumulated massive stakes at single digit sats. Thus, they're perfectly fine with putting up massive sell walls between 180-300 and just eating all day on massive profits.

You always have to know what the people under you need in order to profit. That is the ceiling. Go look at the sell walls on Verge. Unless they do some absolutely fantastic, how are they going to get past the sell walls and I saw some MASSIVE walls on that chart. I saw a sell wall of 600 BTC! I don't know what the wall looks like now.

What I've also noticed (and it happened with Digi) is that these teams are coordinating the hype. On digi, I noticed they hired a marketing guy who was in the telegram group (which has 5000 users) and he was getting them to "support" the coin (while explicitly saying he didn't want them to "pump it" because they don't care about the price). They were probably responsible for HALF the tweets that were out there during the pump and that contributed to the run.

As it's dropped down so low now, the top 5 Digibyte wallets have repurchased 100s of millions of digibyte. Which means they'll probably do it again.

Verge team is starting to get a bit too "hypey" as well and it's not like the tech is that great.

Just be careful and think about your exit strategy.

Because lots of people here are grabbing info to get in but not talking about their exit strategies and leaving people as "bag holders".

I'm in another group and we tell each other exactly when the fuck we are selling..not just buying.. just so that people can understand why someone might be getting out because your sell point is just as important as you buy point. People might still stay in but it gives you hive intelligence when you get multiple points of reference.

That's why I'm out on verge. I'm not jumping in like this anymore though because it's against the spirit of this thread. Plus about to be busier with a coin-related project.

 

[Spectrum]

Would you put the wagerr iso in this category?

Yes. And I said so the day it was mentioned here. They aren't scheduled to launch a product until Q4 2017 so that really means Q1 2018. That's a long ass time in crypto. And who is the team? What is their track record? etc. That's gambling. Gambling works in bull markets/bubbles, but if this turns, you're gonna get bent over.

They could blow up but that's an incredibly unnecessary risky gamble when you'll likely find better options between now and Q4 2018.

 

[LSN]

I caught a lot of slack about Ripple. I'm an optimist but a realist.

And there was someone in this thread hyping Ripple while also dumping it. The blockchain is a public ledger. If your address is available anywhere, you can see everything that goes in and out of it.

I'll say one more thing. The exit strategy is VERY important for these coins if you don't believe in the long-term business model of whatever unit of transaction that the coins represent.

Whales sometimes get in VERY early. I got in on verge at 43 sats but reverse tracked on board where people share what they've purchased and there were real whales that accumulated massive stakes at single digit sats. Thus, they're perfectly fine with putting up massive sell walls between 180-300 and just eating all day on massive profits.

You always have to know what the people under you need in order to profit. That is the ceiling. Go look at the sell walls on Verge. Unless they do some absolutely fantastic, how are they going to get past the sell walls and I saw some MASSIVE walls on that chart. I saw a sell wall of 600 BTC! I don't know what the wall looks like now.

What I've also noticed (and it happened with Digi) is that these teams are coordinating the hype. On digi, I noticed they hired a marketing guy who was in the telegram group (which has 5000 users) and he was getting them to "support" the coin (while explicitly saying he didn't want them to "pump it" because they don't care about the price). They were probably responsible for HALF the tweets that were out there during the pump and that contributed to the run.

As it's dropped down so low now, the top 5 Digibyte wallets have repurchased 100s of millions of digibyte. Which means they'll probably do it again.

Verge team is starting to get a bit too "hypey" as well and it's not like the tech is that great.

thanks man for the candidness...it's what kept me levelheaded about DGB

XVG...I don't believe in it anywhere near as much as I did XRP initially...I'm just hoping it gets pumped as a sort of last stand...bcuz w/ all the coins that have rocketed in the past few months w/ the way I think I'm always waiting for the other foot to drop...so I share your opinion re: shit not being this gravy/"easy" for too long...it's just way too good to last

 

[ceedizzle]

I caught a lot of slack about Ripple. I'm an optimist but a realist.

And there was someone in this thread hyping Ripple while also dumping it. The blockchain is a public ledger. If your address is available anywhere, you can see everything that goes in and out of it.

I'll say one more thing. The exit strategy is VERY important for these coins if you don't believe in the long-term business model of whatever unit of transaction that the coins represent.

Whales sometimes get in VERY early. I got in on verge at 43 sats but reverse tracked on board where people share what they've purchased and there were real whales that accumulated massive stakes at single digit sats. Thus, they're perfectly fine with putting up massive sell walls between 180-300 and just eating all day on massive profits.

You always have to know what the people under you need in order to profit. That is the ceiling. Go look at the sell walls on Verge. Unless they do some absolutely fantastic, how are they going to get past the sell walls and I saw some MASSIVE walls on that chart. I saw a sell wall of 600 BTC! I don't know what the wall looks like now.

What I've also noticed (and it happened with Digi) is that these teams are coordinating the hype. On digi, I noticed they hired a marketing guy who was in the telegram group (which has 5000 users) and he was getting them to "support" the coin (while explicitly saying he didn't want them to "pump it" because they don't care about the price). They were probably responsible for HALF the tweets that were out there during the pump and that contributed to the run.

As it's dropped down so low now, the top 5 Digibyte wallets have repurchased 100s of millions of digibyte. Which means they'll probably do it again.

Verge team is starting to get a bit too "hypey" as well and it's not like the tech is that great.

Just be careful and think about your exit strategy.

Because lots of people here are grabbing info to get in but not talking about their exit strategies and leaving people as "bag holders".

I'm in another group and we tell each other exactly when the fuck we are selling..not just buying.. just so that people can understand why someone might be getting out because your sell point is just as important as you buy point. People might still stay in but it gives you hive intelligence when you get multiple points of reference.

That's why I'm out on verge. I'm not jumping in like this anymore though because it's against the spirit of this thread. Plus about to be busier with a coin-related project.

Thanks!

 

[tapdatass]

soooooooooooo we should all just buy bitcoin, set a nice lending fee..... and forget it.... wait 5-10 years.... and collect

btw call that nigga out... survivor style

 

[Moving Target]

I caught a lot of slack about Ripple. I'm an optimist but a realist.

And there was someone in this thread hyping Ripple while also dumping it. The blockchain is a public ledger. If your address is available anywhere, you can see everything that goes in and out of it.

I'll say one more thing. The exit strategy is VERY important for these coins if you don't believe in the long-term business model of whatever unit of transaction that the coins represent.

Whales sometimes get in VERY early. I got in on verge at 43 sats but reverse tracked on board where people share what they've purchased and there were real whales that accumulated massive stakes at single digit sats. Thus, they're perfectly fine with putting up massive sell walls between 180-300 and just eating all day on massive profits.

You always have to know what the people under you need in order to profit. That is the ceiling. Go look at the sell walls on Verge. Unless they do some absolutely fantastic, how are they going to get past the sell walls and I saw some MASSIVE walls on that chart. I saw a sell wall of 600 BTC! I don't know what the wall looks like now.

What I've also noticed (and it happened with Digi) is that these teams are coordinating the hype. On digi, I noticed they hired a marketing guy who was in the telegram group (which has 5000 users) and he was getting them to "support" the coin (while explicitly saying he didn't want them to "pump it" because they don't care about the price). They were probably responsible for HALF the tweets that were out there during the pump and that contributed to the run.

As it's dropped down so low now, the top 5 Digibyte wallets have repurchased 100s of millions of digibyte. Which means they'll probably do it again.

Verge team is starting to get a bit too "hypey" as well and it's not like the tech is that great.

Just be careful and think about your exit strategy.

Because lots of people here are grabbing info to get in but not talking about their exit strategies and leaving people as "bag holders".

I'm in another group and we tell each other exactly when the fuck we are selling..not just buying.. just so that people can understand why someone might be getting out because your sell point is just as important as you buy point. People might still stay in but it gives you hive intelligence when you get multiple points of reference.

That's why I'm out on verge. I'm not jumping in like this anymore though because it's against the spirit of this thread. Plus about to be busier with a coin-related project.

MAN IM GOING TO SAY THIS IN PUBLIC FOR ALL BGOL BRETHREN TO HEAR.

Your thoughts and perspective is much needed in this thread. Too may people get tunnel visioned into this and get rekted in the process. as an analyst you need that 1 person to be the counter weight to your drawn conclusions so that you can either re-examine your conclusions or solidify them.
Dont let some people who dont understand that silence you bc wise people hear you and consider your thoughts. KEEP PUTTING IT OUT THERE.

 

[Supersav]

Yes. And I said so the day it was mentioned here. They aren't scheduled to launch a product until Q4 2017 so that really means Q1 2018. That's a long ass time in crypto. And who is the team? What is their track record? etc. That's gambling. Gambling works in bull markets/bubbles, but if this turns, you're gonna get bent over.

They could blow up but that's an incredibly unnecessary risky gamble when you'll likely find better options between now and Q4 2018.

Wagerr demo will be released on the 15th

 

[LSN]

MAN IM GOING TO SAY THIS IN PUBLIC FOR ALL BGOL BRETHREN TO HEAR.

Your thoughts and perspective is much needed in this thread. Too may people get tunnel visioned into this and get rekted in the process. as an analyst you need that 1 person to be the counter weight to your drawn conclusions so that you can either re-examine your conclusions or solidify them.
Dont let some people who dont understand that silence you bc wise people hear you and consider your thoughts. KEEP PUTTING IT OUT THERE.

same...there were ppl in here I vehemently disagreed w/ but for me to get to that point it made me stop and think that for me to be so passionate about it maybe I needed to rethink my position since I'm normally more on the side of logic...and rethinking shit ended up being for the better

goddamn...OK is bleeding me out as I type this

 

[Spectrum]

soooooooooooo we should all just buy bitcoin, set a nice lending fee..... and forget it.... wait 5-10 years.... and collect

No. I would just say really dig into the team, tech, etc so that you no more about what you're buying. The wolves are out man. I honestly feel (and I wasnt the one who initially noticed this) that a lot of the digibyte boom was coordinated by people closely involved with the company itself. And to hold the pump, I saw the wallet with 1.2B coins, buy 100M during a period when it was going to fall (as to create a new floor). obviously a lot of buyer speculation but they keep coordinating it to new floors and they created a false sense of buy support. I also think there is a real company there but there is so much money going around people are being greedy.

It's like what I said about the ICCO that DigitalNotes pulled off that I was telling @LSN about. That was nothing but an organized pump when you look at the structure.

Just pay attention because it's some wild shit going on right now.

 

[Spectrum]

Wagerr demo will be released on the 15th

I read the white paper. It's a controlled demo. You can make a miracle happen in controlled demos.

 

[LSN]

It's like what I said about the ICCO that DigitalNotes pulled off that I was telling @LSN about. That was nothing but an organized pump when you look at the structure.

dumped it as soon as you mentioned that shit too

 

[CurtDawg]

No. I would just say really dig into the team, tech, etc so that you no more about what you're buying. The wolves are out man. I honestly feel (and I wasnt the one who initially noticed this) that a lot of the digibyte boom was coordinated by people closely involved with the company itself. And to hold the pump, I saw the wallet with 1.2B coins, buy 100M during a period when it was going to fall (as to create a new floor). obviously a lot of buyer speculation but they keep coordinating it to new floors and they created a false sense of buy support. I also think there is a real company there but there is so many money going around people are being greedy.

It's like what I said about the ICCO that DigitalNotes pulled off that I was telling @LSN about. That was nothing but an organized pump when you look at the structure.

Just pay attention because it's some wild shit going on right now.

 

[Supersav]

I read the white paper. It's a controlled demo. You can make a miracle happen in controlled demos.

I don't think they are framing this is a short get rich money maker. It's a long term play that depends on users adopting it to gamble.

 

[largebillsonlyplease]

I don't think they are framing this is a short get rich money maker. It's a long term play that depends on users adopting it to gamble.

Which is the point if you believe in it long term just buy and forget about it.

 

[joenavy]

Yeah @Spectrum your perspective is NEEDED now more than ever. Im about to jump out of Verge and regroup my whole stance. Was in way too deep with that one and it's definitely too hypebeast in that XVG Telegram group. Need to learn these charts better so I can make better decisions when jumping in. Got about 350% profit left still and I'm ok with that.

 

[Ballhandler]

I need to delete blockfolio...this shit is fucking w/ my life

bro just got my boy on blockfolio last night he been texting me all morning lol.

 

[Spectrum]

I don't think they are framing this is a short get rich money maker. It's a long term play that depends on users adopting it to gamble.

I didn't say that they were. I'm just saying as a matter of fact that they aren't launching until the end of the year. And in tech, software products almost always ship late. So most likely they will ship in the 1st quarter of 2018. That's a long wait. And for pre-launch products, you're investing in the TEAM not the market. That's a lot of risk to assume. I'm willing to bet anything if you just put the money in Eth, your investment would be worth more in June 2018 and that it will be with having invested in Wagerr.

Lots of ICOs right now. I would be judging them against other ICOs. Try to back the best teams. Just my opinion.

 

[Spectrum]

Which is the point if you believe in it long term just buy and forget about it.

Yep. exactly. But I'm thinking the more traditional long-term as in years. Remember, even with Ethereum, if you got in at ICO, you really didn't make your killing until the last several months.

 

[Spectrum]

Yeah Was in way too deep with that one and it's definitely too hypebeast in that XVG Telegram group.

Man. The telegram verge group was reminding me of the digibyte group (after it turned).

Typically, when everyone is hyping something (on twitter, on bitcointalk, on telegram, etc), it's probably already too late unless something spectacular is on the horizon. Like with digibyte, the only thing that was going to satisfy that pre-event sentiment was going to be them winning.

I mean with it's only the HYPE driving it anyway...No tech, revenue, distribution, adoption, etc.[

 

[Spectrum]

bro just got my boy on blockfolio last night he been texting me all morning lol.

Blockfolio is the fucking Devil.

 

[HeathCliff]

dumped it as soon as you mentioned that shit too

I dumped that shit too but I made a nice like $8k after a week...something crazy like that. I was going to stick around for a month based on the timeline of their ICCO but I kept asking too many "whats" which was a bad thing.

 

[sumofyallniggasisbitches2]

MAN IM GOING TO SAY THIS IN PUBLIC FOR ALL BGOL BRETHREN TO HEAR.

Your thoughts and perspective is much needed in this thread. Too may people get tunnel visioned into this and get rekted in the process. as an analyst you need that 1 person to be the counter weight to your drawn conclusions so that you can either re-examine your conclusions or solidify them.
Dont let some people who dont understand that silence you bc wise people hear you and consider your thoughts. KEEP PUTTING IT OUT THERE.

COFUCKING SIGN!!!!

 

[largebillsonlyplease]

Yep. exactly. But I'm thinking the more traditional long-term as in years. Remember, even with Ethereum, if you got in at ICO, you really didn't make your killing until the last several months.

That's been confused in here really the concepts of short term vs long term and mid term.
for instance, for me and xrp, I don't check Xrp I haven't checked Xrp's price since it hit .41 and if it was at .15 now it wouldn't matter to me because I know the process is going to take a LONG TIME
There are other coins that you and I are looking at who's rise based on their technology will be a lot faster and ceiling being a lot higher than XRP some we saw coming but didn't pull the trigger on at the base price and now it won't ever be that low again.
There's just so many coins to identify it's hard. Also you have to look at what's a dump coin. DGB, verge were always dump coins for me and you. Ride this wave but don't get left holding the bag because realistically the ceiling was just not going to jive with what we expect out of a coin at this point in this kind of market.

Trillions of variables at play here so if it's a dump coin or a ride the wave coin or even make a quick buck coin just know what you're into that coin for and hold stead fast, keep up with the developments, etc. It's way deeper than buying and then worrying

Coins are going to take a hit every single day and run every single day. What you want is a coin to take a hit and come back twice as strong after the hit, not a coin where it got so HIGH that not the bottom is just falling out and the ride is over

 

[Eclipse99]

Blockfolio is the fucking Devil.

I just checked my shit.... Damn xvg!

 

[Ballhandler]

I read the white paper. It's a controlled demo. You can make a miracle happen in controlled demos.

But its like any other crowdfunded idea on the net. You like the idea you back the idea its that simple. All of them are gambles, but its your own personal vision that counts. I know gambling works point blank. I was offered a job many moons ago to bring my buddy along with me down to Belize to help facilitate their online gambling industry. I was offered, women, cars, house everything I didn't go. Not because I didn't go but because I knew my skills were not at the level needed. The reason most participated in the WAGERR ICO was due to the nature of the ICO especially since the coins themselves will be used in the betting......SHIIIIIIIIT. It's a risk I am willing to take.

 

[Spectrum]

That's been confused in here really the concepts of short term vs long term and mid term.
for instance, for me and xrp, I don't check Xrp I haven't checked Xrp's price since it hit .41 and if it was at .15 now it wouldn't matter to me because I know the process is going to take a LONG TIME
There are other coins that you and I are looking at who's rise based on their technology will be a lot faster and ceiling being a lot higher than XRP some we saw coming but didn't pull the trigger on at the base price and now it won't ever be that low again.
There's just so many coins to identify it's hard. Also you have to look at what's a dump coin. DGB, verge were always dump coins for me and you. Ride this wave but don't get left holding the bag because realistically the ceiling was just not going to jive with what we expect out of a coin at this point in this kind of market.

Trillions of variables at play here so if it's a dump coin or a ride the wave coin or even make a quick buck coin just know what you're into that coin for and hold stead fast, keep up with the developments, etc. It's way deeper than buying and then worrying

Coins are going to take a hit every single day and run every single day. What you want is a coin to take a hit and come back twice as strong after the hit, not a coin where it got so HIGH that not the bottom is just falling out and the ride is over

Real talk. When I find one to invest in LONG-TERM, I'm not even putting it on Blockfolio

 

[Moving Target]

Man. The telegram verge group was reminding me of the digibyte group (after it turned).

Typically, when everyone is hyping something (on twitter, on bitcointalk, on telegram, etc), it's probably already too late unless something spectacular is on the horizon. Like with digibyte, the only thing that was going to satisfy that pre-event sentiment was going to be them winning.

I mean with it's only the HYPE driving it anyway...No tech, revenue, distribution, adoption, etc.[

This is one of the reasons i bought DASH. they have a good team and tight on their operating process as a company.

 

[Supersav]

But its like any other crowdfunded idea on the net. You like the idea you back the idea its that simple. All of them are gambles, but its your own personal vision that counts. I know gambling works point blank. I was offered a job many moons ago to bring my buddy along with me down to Belize to help facilitate their online gambling industry. I was offered, women, cars, house everything I didn't go. Not because I didn't go but because I knew my skills were not at the level needed. The reason most participated in the WAGERR ICO was due to the nature of the ICO especially since the coins themselves will be used in the betting......SHIIIIIIIIT. It's a risk I am willing to take.

I agree...as a gambler who has used plenty of different books if this works how it says and it makes it easier for Joe shmoe to gamble then it's a no brainer....I'm not looking for the quick fix

 

[largebillsonlyplease]

Real talk. When I found one to invest in LONG-TERM, I'm not even putting it on Blockfolio

I keep my longterm investments on block at the very bottom. I have the coin on there but I don't have my holdings filled in to reflect my balance.

 

[sumofyallniggasisbitches2]

I caught a lot of slack about Ripple. I'm an optimist but a realist.

And there was someone in this thread hyping Ripple while also dumping it.

I had a fucked up feeling that this may have been happening.....

 

[Spectrum]

But its like any other crowdfunded idea on the net. You like the idea you back the idea its that simple. All of them are gambles, but its your own personal vision that counts.

It's absolutely not. There is a reason why certain venture capital firm outpace all the other ones, consistently. It's not gambling.

Backing just because you like the idea is THE exact way to lose all your money. In tech, ideas don't mean shit. Teams mean everything.

Very rarely will the original idea be that good because it doesn't have market validation. A lot of the companies you use every single day, were something completely different because they re-emerged as something else once they found the real pain point. Ideas without market validation are just wishful thinking. Excellent teams eventually find the real problem and create a great solution and continue to build a great team around them. Paypal, Slack, Twitter, etc were all launched on completely different shitty ideas until they figured something out. Teams always win over ideas.

 

[fourthstbully]

I caught a lot of slack about Ripple. I'm an optimist but a realist.

And there was someone in this thread hyping Ripple while also dumping it. The blockchain is a public ledger. If your address is available anywhere, you can see everything that goes in and out of it.

I'll say one more thing. The exit strategy is VERY important for these coins if you don't believe in the long-term business model of whatever unit of transaction that the coins represent.

Whales sometimes get in VERY early. I got in on verge at 43 sats but reverse tracked on board where people share what they've purchased and there were real whales that accumulated massive stakes at single digit sats. Thus, they're perfectly fine with putting up massive sell walls between 180-300 and just eating all day on massive profits.

You always have to know what the people under you need in order to profit. That is the ceiling. Go look at the sell walls on Verge. Unless they do some absolutely fantastic, how are they going to get past the sell walls and I saw some MASSIVE walls on that chart. I saw a sell wall of 600 BTC! I don't know what the wall looks like now.

What I've also noticed (and it happened with Digi) is that these teams are coordinating the hype. On digi, I noticed they hired a marketing guy who was in the telegram group (which has 5000 users) and he was getting them to "support" the coin (while explicitly saying he didn't want them to "pump it" because they don't care about the price). They were probably responsible for HALF the tweets that were out there during the pump and that contributed to the run.

As it's dropped down so low now, the top 5 Digibyte wallets have repurchased 100s of millions of digibyte. Which means they'll probably do it again.

Verge team is starting to get a bit too "hypey" as well and it's not like the tech is that great.

Just be careful and think about your exit strategy.

Because lots of people here are grabbing info to get in but not talking about their exit strategies and leaving people as "bag holders".

I'm in another group and we tell each other exactly when the fuck we are selling..not just buying.. just so that people can understand why someone might be getting out because your sell point is just as important as you buy point. People might still stay in but it gives you hive intelligence when you get multiple points of reference.

That's why I'm out on verge. I'm not jumping in like this anymore though because it's against the spirit of this thread. Plus about to be busier with a coin-related project.

Knowledge being born in this post. Thank you.
As I started getting more savvy, I dumped all of the hyped coins. Everything in my portfolio, I can say, I believe in. I could ultimately end up broke, but I believe in what I'm holding.
And even with that, I'm married to none...

 

[Spectrum]

Knowledge being born in this post. Thank you.
As I started getting more savvy, I dumped all of the hyped coins. Everything in my portfolio, I can say, I believe in. I could ultimately end up broke, but I believe in what I'm holding.
And even with that, I'm married to none...