Official BGOL Crypto Currency Thread ★★★★★

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

Dash keeps coming up as a great company. It's overwhelming trying to track all this stuff. I still haven't researched it but it consistently comes up as a great team/coin when people are debating such things on bitcointalk and other places.
 
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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.

They have a great team ‍♂️
 
Real talk. When I found one to invest in LONG-TERM, I'm not even putting it on Blockfolio

This is a marathon, not a sprint. This market is just getting started, you win by staying-in. I am trying to get up to min 15 coins with decent balances on each. I am going to play the market. Of course, that includes as much as I can in BTC, ETC, and XRP. When the market rise shuffle my winnings when it drops hopefully have some new cash on hand to invest. All of these prices are rising and will be much higher in 3-5 years. People wouldn't be acting like this in the stock market, they would just pay the $150 fee for the man to manage their 457 or 401K and sit back and see oh I got 7% this quarter and be fine.

We can't let greed cause bad choices.

I have been in this 35 days and I sold some stuff I should not have but not from panic sell but more trying to learn how this works. When I sold my ETH at 90+ bucks all I know was that it was a coin called ETH gate hub only had 6 coins so I bought some of each they had. XRP started to move sold all that shit and went all in. GLAD I DID. Then I bought all my coins back with the profits. Up to 10 coins now started at 1.

All this new capital about to be in the market for these next 3 years volume will raise prices.
 
This is a marathon, not a sprint. .

I feel like this is a weird transitional period when you can still get these outsized returns before the market really settles. Early or not, it's going to settle and become more sophisticated. There were still outsized gains made post October 2000 after the dotcom crash, but they were just fewer. However, the greatest companies typically sprout during downturns because the winners (during downturns) consolidate the best talent and resources because money is way more finite during bear markets.
 
I have been in this 35 days and I sold some stuff I should not have but not from panic sell .

The great thing about bull markets like this is that you can fuck up while you're learning and still make multiples on your money. It's beautiful. I could have made 10x on a trade and I only made 6x because I made a simple mistake. Better to make those mistakes now before it gets tighter.
 
Now every round is still successfully sold out within a single day, despite the price-up of USD0.005 on each round. This means that, let's say if the 20th round is finished on the 15th of Jun, and if Wagerr is being launched on the 1st of July, its reasonable price should be USD0.0005 X 15(the other 15 days left in Jun) + USD0.1(price at the 20th round) + USD0.005(for the 1st of July itself) = USD0.18

It doesn't matter even if it is launched with 10 billion coin supply, because it is a value-coupling coin(1-2% fee destroyed would go unbelievably fast, because daily global betting volume is too gigantic).

If its coin supply is 10 times of Ethereum which would be 923,661,980, Wagerr's market value should be 1/10 times of Ethereum which should be USD29+-( Ethereum's price now is $ 291.779538), unmentioned their daily volume comparison yet.

Ethereum's up-to-date total daily volume on exchanges is USD$ 649,410,157. The estimated yearly sport betting volume is 3 trillion(http://www.dailymail.co.uk/wires/afp/article-3040540/Global-sports-gambling-worth-3-trillion.html). If Wagerr is used by 10% of all sport bettors, its daily transaction volume should be USD3,000,000,000,000 divided by 365days divided by 10= USD821,917,808(excluded total daily volume on exchanges yet!!!).

Even if Wagerr is launched at USD1.00, it is still blindly stupidly pathetically insanely motherfuckingly undervalued!

Help! I can't stop giggling at sleep.
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Some of my friends asked me: "what if they scam away the fund?" Yeah! If I'm a joker Wagerr team member holding 1million Wagerr in hand, I'd surely run or dump the hell out of it before its market price hits USD0.18 !
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@Supersav yeah I saw that post too. I'm not sure I agree with dude's logic. For one, he doesn't know how many coins will be issued and how many will be designated as circulating supply. And comparing the market value to a percentage of ETH...? Not sure how he came to that evaluation.

Push come to shove, I expect WGR to hit the exchanges no less than $0.10 (price at Rd 20 if fully funded) which is 2x more than I paid so its my risk to hold on from there. :dunno:

With that being said, I hope he's right :giggle:
 
@Supersav yeah I saw that post too. I'm not sure I agree with dude's logic. For one, he doesn't know how many coins will be issued and how many will be designated as circulating supply. And comparing the market value to a percentage of ETH...? Not sure how he came to that evaluation.

Push come to shove, I expect WGR to hit the exchanges no less than $0.10 (price at Rd 20 if fully funded) which is 2x more than I paid so its my risk to hold on from there. :dunno:

With that being said, I hope he's right :giggle:
Lol yea that dude was hype....I bought at 5 cents too so I'm not sweating it. Hopefully by the Superbowl or next year's NBA playoffs we are cooking
 
Push come to shove, I expect WGR to hit the exchanges no less than $0.10

ya...I think it can get to $0.20 quickly off hype after the token release...there's a lot of time for that coin to linger in limbo tho until they put out the whole system...don't know how long hype can sustain it...I'm in WGRR long tho...I'll probably treat it like DGB before the competition...sell off half right before it officially launches @ the end of the year/beginning of the next since the hype will be immense then and everyone may be tryna get in @ the last minute and keep the other half to see how it actually performs
 
ya...I think it can get to $0.20 quickly off hype after the token release...there's a lot of time for that coin to linger in limbo tho until they put out the whole system...don't know how long hype can sustain it...I'm in WGRR long tho...I'll probably treat it like DGB before the competition...sell off half right before it officially launches @ the end of the year/beginning of the next since the hype will be immense then and everyone may be tryna get in @ the last minute and keep the other half to see how it actually performs
Yea I'll buy more on dips
 
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...

:yes:
 
I keep hearing about Augur (REM). I know it's like $35 bucks right now but it's probably gonna be about the same price as its competitor Gnosis ($300+).
 
It's the IRS and government doing all this. IRS been threatening folks all over the world so they can find out what U.S. citizens are doing. That's why we have all this 'sorry, you are a U.S. citizen and can't participate' fuckery.

They can go after third-parties that help with supposed money laundering. That's why they are bitching and crying over jurisdiction and trying to steer Americans to places where they can be tracked.

I was just checkin out the ico for the monaco card, that new visa crypto coin card...

which has a great chance of blowing up, and when I went to

inquire more information about investing, they ask if you are from one of these countries...of course the ununited states is one,

I check yes, they pretty much say, you americans cant get in on the action..

and right away I thought about your post and was like

goddam you irs.. goddam you to hell forever..

I have a feeling this monaco card is gonna be a big deal.
 
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.
Big co-sign and this is a shoutout to @Spectrum and other posters who drop their opinions and finds on here.

Please do not get discouraged by the few dudes in this thread who like to get unnecessarily confrontational about anyone who challenges their opinions.
Don't let them run you off and silence you. Your input is extremely valuable to a lot of us in here who are learning this business.
A lot of us lurk and read more than we post and the knowledge you bring is very helpful.

As for all the other posters in this thread, we can debate and bring different angles to the table, but keep the discourse friendly and courteous.
Keep all that other bullshit out of here. We're all trying to make money, together.

As for Spectrum, when you say that you see the market shifting with more sophisticated movers and shakers coming in, what do you mean?
Are you saying the days of coins jumping a 1000% in a couple months are over or is the market going to become more like the traditional stock market?
 
Big co-sign and this is a shoutout to @Spectrum and other posters who drop their opinions and finds on here.

Please do not get discouraged by the few dudes in this thread who like to get unnecessarily confrontational about anyone who challenges their opinions.
Don't let them run you off and silence you. Your input is extremely valuable to a lot of us in here who are learning this business.
A lot of us lurk and read more than we post and the knowledge you bring is very helpful.

As for all the other posters in this thread, we can debate and bring different angles to the table, but keep the discourse friendly and courteous.
Keep all that other bullshit out of here. We're all trying to make money, together.

As for Spectrum, when you say that you see the market shifting with more sophisticated movers and shakers coming in, what do you mean?
Are you saying the days of coins jumping a 1000% in a couple months are over or is the market going to become more like the traditional stock market?

People aren't going to be pumping shit coins cause new money isn't going to invest into shit coins.

Soon people aren't even going to invest in shit that won't be able to execute ETH smart contracts and mentioning what you can do on the block chain will be a minus not a plus but we're a ways away from that thankfully.
We can still get lots of money in these pumps because people are still green and jumping in.
But mostly it's these guys who had a dead coin that are seeing the market cap of crypto rise up and are saying this is their chance to pump up a coin and then unload it on the new money and finally turn a profit on a coin who's chart has basically looked like a deceased flat line since 2014 but not has 1 last hear beat.
 
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