Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Naw. Satoshi is a real person. The media doesn't understand the creation story. It would be like trying to explain to someone Blunt's character. If you weren't around to see any of it while it was happening or didn't have someone who was there from the beginning really explain it, it would seem like some mythical story.
Ripple isn't XRP. The more and more I read books like "The Age of Crypto Currency" the more I'm convinced that although Ripple will have its place in banks, but the crypto community at large will never accept it because it's essentially just a recreation of the central banking system. Crypto is an ideological argument about having decentralization of monetary policy and Ripple is a centralized system.
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Cool. I'm ready either way. I'll just allocate all of my mining power to DASH or LTC
absolutely crazy
and neither side is going to budge. thing is, all those people are sitting pretty with fiat off of bitcoin so they have 0 fucks to give lol
right before the fork depends on where i am. if i hit my goals i have no fucks to give. give me my fiat tax me 28% im fine ill wash the rest that i don't want into eth and eth compatible coins or ones that are trying to do some NEW SHIT independent of the block chain and be done with it
We need to have a pre-fork party up on this joint
whether you decide to cash out or not, at a minimum, it would be your best interest to get your BTC off the exchanges.
I'm not sure what the best move to make is yet. I think as we get into mid-July though, it would be time to seriously discuss it and decide.
Another interesting XRP article.
https://www.americanbanker.com/news/inside-ripples-plan-to-make-money-move-as-fast-as-information
https://www.americanbanker.com/news/inside-ripples-plan-to-make-money-move-as-fast-as-information
Wow. Don't check the thread for a couple of days and all this shit happens. Damn. Was just checking out Mr. Wycoff's blog last night, chopping it up with him, and he explained the whole BGOL connection last night. I had to tell him last night not to put us on blast like that. I did not put 2 and 2 together, and had no idea he was making all those sell moves with XRP. I can't blame him because he did put us up on the crypto game, but I have to admit it looks like he did run a little hustle. In his defense though, he did inform us to put stops in place and to protect yourself. I think his moves were just a result of him being a smart stock trader and getting his money while ahead. Hell on his streams he talks about how he enjoys the strip clubs and makes it known that he is simply about making money, and never falls in love with a stock or a coin. He drops gems on his live stream, and has drawn some of the top people in crypto game to his streams in a very short time. I have posted some of the streams and times when he discusses some of the things we are discussing on here. If anything he is guilty of using us to come up and jump start his business, while helping us make some bread. It is what it is. Props to Spectrum for the great research.
Start at 1:06.00
Start at 34:00
BGOL breakdown at 1:38:00
Start at 1:06.00
Start at 34:00
BGOL breakdown at 1:38:00
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Once I listened to the BGOL breakdown again, we can't blame Mr. Wycoff. He can't hold your hand, and let you know every trade he makes. He told you to join his site and has mentioned that he was selling XRP on his live streams. Actually he really has done nothing but give us game. I see people clowning him asking for donations, but as I have mentioned numerous times in this thread, this is all a game and you have to learn how to play the game in order to succeed. There are no rules, and knowing that, you have to adjust and change your mindset to get this money. This is the Goldrush, Prohibiton, and the start of the internet all over again. Millionaires can be made in months. Donations are how many of these cats are sitting on these exchanges with hundreds of thousands of dollars in bitcoin. It changes your bank account, and it can also change the tax implications. When I saw some people dropping large sums of money in these exchanges, I made sure to let them know that shit on this net with these payment processors and exchanges can get real tricky. I had 80,000 dollars sitting in Payza when the US government got involved with them and lost all my bread. Shit just disappeared and a'int shit you can do about it. Luckily it was not money that I had deposited, but money I had made online in programs and HYIPS that I had invested in. Number one rule is to get your initial investment out ASAP. Play with your profits. The game that was given is that there is power in numbers, Donations are important, and don't get greedy. I have really been researching programs that we can participate in that will help us generate bitcoin, so that we can limit our risk, and help each other get to this money as a community. That is something that I am good at, and have knowledge of. I think I have found the best one possible and will post it this weekend. I am just trying to make sure I know all the ends and outs, so that I can determine the best way for us to move. We really can be sitting pretty in a year if we play our cards right, I truly believe that. If we just give knowledge on shit we have knowledge of we can come up. I don't know shit about the stock market, but have learned a bunch from this thread alone, and made over 10 stacks. Props to all for the knowledge. Let's get it.
Also in the theme of this post and for the tax experts and lawyers on this board, I am aware of the 30% capitol gains tax you have to pay in terms of withdrawing investments from Bitcoin, that they (IRS) are trying to or have set up, but what if your Bitcoin is not an investment, but a donation? Then what?
Also in the theme of this post and for the tax experts and lawyers on this board, I am aware of the 30% capitol gains tax you have to pay in terms of withdrawing investments from Bitcoin, that they (IRS) are trying to or have set up, but what if your Bitcoin is not an investment, but a donation? Then what?
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If Bitcoin get segwit, that's the nail in the coffin for digibyte as an altcoin.
yea I pretty much said whatever someone wants, crypto , cash whatever just a friendly free competition in stock trading for my youtube viewers
What does that video have to to do with the questions recently brought up on the board? Cats here are saying they have proof (public transactions in and out of your wallet on the blockchain) that you sold off your XRP at the top of the market ($0.40), while simultaneously fanning the flames of FOMO here in the board. Saying the price would soon go up to $1-10. Since you have found some time to come back to the board to promote yourself, I think you need to explain the situation.
This thread is about to turn left real fast. In my opinion just let sleeping dogs lie and focus on getting this money
Ok now that we got that out the way back the the regular programming. All my coins are in the green so far today. Let's get this money. A few post back someone said rule number 1 is take out you initial investment asap and play with your profits. Well im about to do that today. Happy Friday y'all and again let's get this money, isn't that all that really matters??
I'm not necessarily mad. I've been here from the beginning, and as I've stated in my previous posts, I appreciative that you started the thread & I've learned a lot. But this is BGOL and we look gotta look out for each other. Its unfortunate that cats are paying attention to your money, but as far as I'm concerned, that's what they're supposed to do. Fair or not, that's part of our due diligence just in case we have to clarify situations like these. Nobody's saying you can't or shouldn't promote yourself, but that's only true if your standing is good here in the community. Otherwise, it's not appreciated. With all the recent dustup, we need to clarify shit.
I appreciate your quick response. But it didn't really address all the pertinent questions. You showed proof that you have multple XRP accounts, and that not all of them are necessarily for you. However, whoever was in control of the account dumped it at just the right time. Please clarify...
- did you sell off any XRP at the top of the market? It's hard to believe you've never sold any XRP at any time
- why did you decide to stay when your people were dumping
- why were you promoting the fomo to $1-10 at that time? Were you just wrong, misunderstood, or what ?
I appreciate your quick response. But it didn't really address all the pertinent questions. You showed proof that you have multple XRP accounts, and that not all of them are necessarily for you. However, whoever was in control of the account dumped it at just the right time. Please clarify...
- did you sell off any XRP at the top of the market? It's hard to believe you've never sold any XRP at any time
- why did you decide to stay when your people were dumping
- why were you promoting the fomo to $1-10 at that time? Were you just wrong, misunderstood, or what ?
What does segwit mean?
This hate on MR. Wyckoff reminds me of this line:
Nigga, respect the game, that should be it
What you eat don't make me shit; where's the love? _ Jay-z No love in the heart of the city.
Bottom line: A lot of cats got PAID of this thread including mr.wyckoff. Aint nothin wrong with that!!. Plus ya'll interest in this crypto game will make everyone more bread. Cant hate on that!!
Crazy that this is even a topic of discussion.
We need to get focused back on making the cheddar!!!!
Nigga, respect the game, that should be it
What you eat don't make me shit; where's the love? _ Jay-z No love in the heart of the city.
Bottom line: A lot of cats got PAID of this thread including mr.wyckoff. Aint nothin wrong with that!!. Plus ya'll interest in this crypto game will make everyone more bread. Cant hate on that!!
Crazy that this is even a topic of discussion.
We need to get focused back on making the cheddar!!!!
At the beginning and end of the day, it's not Wyckoff's job to do or tell us shit. Regardless of any accusations, the brother helped by giving us REAL info to make REAL paper. I can pay off my car if I wanted, or have a down payment for a house. I have money to reinvest and I learned a new hustle. Salute to every man for himself and every brother for another.
Peace
Peace
Im a Moderator here on Bgol, I stickied my own post in Jan,
So here is what yall did wrong, you looked the wallet address up, the issue is the wallets are shared with thousands of people thats why you need the destination tag to send ripple, however you cant look up destination tags because they are generated by the exchange or service hosting the wallet and not part of ripples system in this case the destination tag was generated by Bitstamp..... So what you see isnt just my ripple wallet but hundreds of other peoples ripple all in the same address.... case closed....
Here is the ripple explorer for that wallet address let me know what yall think, according to this I still have 11 million ripple..... Which is not true that is the total amount in that address but in my part of that wallet I have approx 80 thousand.
https://xrpcharts.ripple.com/#/graph/rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv
Also it would be impossible to tell if I dumped any coins because you cant see in my ripple account, you see what is in the bigger account (the wallet address) that the thousands of other destinations are in that belong to other people.... not the destination wallet (the destination tag) which is the one that belongs to me
To answer your questions.....
I still believe in ripple long term why sell?
I still believe in $1-$10 ripple
Who would sell out of some shit the banks are planning to use but havent even put into production yet? Why not stay around till they actually start to use it.....
But with all that being said good luck to you guys. Im out.
Source and Destination Tags
Destination Tags are a feature of Ripple payments can be used to indicate the beneficiary or destination for a payment. For example, a Ripple payment to a gateway may include a destination tag to indicate which customer should be credited for the payment. A gateway should keep a mapping of destination tags to accounts in the gateway's system of record.
Similarly, Source Tags indicate the originator or source of a payment. Most commonly, a Source Tag is included so that the recipient of the payment knows where to bounce the payment. When you bounce an incoming payment, use the Source Tag from the incoming payment as the Destination Tag of the outgoing (bounce) payment.
We recommend providing several kinds of Destination Tags for different purposes:
- Direct mappings to customer accounts
- Matching the Source Tags on outgoing payments (in case your payments get bounced)
- Tags for quotes, which expire
- Other disposable destination tags that customers can generate.
https://ripple.com/build/gateway-guide/#source-and-destination-tags
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It's a tech that improves the speed of transactions
Fair enough. Since none of his vocal opponents could muster any real questions while op was here, I'll take him at his word. Salute to the man for sharing with the community and sparking the investment mindset.
The more I learned about the culture, the more I despised XRP.
Lets see what the day gives us.....
Nothing wrong with XRP. It's here to significantly improve an already existing system. Banks would be stupid not to use it.
Good morning and peace fam,
Running to work but if you're interested I made a quick little peek into my trading style with Elliott Wave theory.
You can download it here: https://ufile.io/6yvqe
Just PM me for the pass.
Also if anyone else knows TA I would love to start a Slack / Telegram so we can chart these coins.
A different set of eyes will be good too!
Edit: it's just a PDF file, didn't want to flood the thread with pix and shit
Running to work but if you're interested I made a quick little peek into my trading style with Elliott Wave theory.
You can download it here: https://ufile.io/6yvqe
Just PM me for the pass.
Also if anyone else knows TA I would love to start a Slack / Telegram so we can chart these coins.
A different set of eyes will be good too!
Edit: it's just a PDF file, didn't want to flood the thread with pix and shit
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Interesting, I'll check this out at the comp but either way it is what it is and I'll always appreciate the introduction to a Game that I was able to take out $100k in 6 months.
thanks!!
What was the process you used to cash out?
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