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Official BGOL Crypto Currency Thread ★★★★★

LSN said:
ya the entire ETH network is severely congested...not just a coinbase issue :(
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Mixd said:
What's pissing me off is I always buy BTC to flip. Last night I said let me try ETH for once in my life to see how fast it is. And that's my thanks. Smh.

Trying to get some TRX on Binance and I can't win lol
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If ETH doesn't hurry up and deal with fucking scaling soon, NEO and Qtum are going to rise in popularity big time. NEO can supposedly handle up to 10,000/ tps(even 1000 will shit on ETH) and Qtum can already do something like 70/tps compared to ETH 15/tps. XRP supposedly can handle 1,500/tps max.

Exchanges better start adding better pairings until BTC and ETH get their shit together. GAS can ride off NEO's tps and is divisible just like BTC. It makes no fucking sense we are still stuck using dinosaurs like BTC(7/tps) and ETH, because the ETH and BTC problems are only going to get worse. Much fucking worse before they get better. :smh:

Just imagine a month or 2 from now? Fuck this shit. I don't want to use ETH or BTC again until they are fixed.
 
largebillsonlyplease said:
and overall market cap projection?

mot ripple overall the market cap of crypto currency
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$100 in a year? We'd have to be almost 4 trillion by the end of this year just for XRP. I could see that for the whole crypto market. We'll be see 1 trillion soon and extrapolating by last years growth we should be at least 2 trillion by the end of this year.
 
gene cisco said:
Group is concentrated and been through the bullshit. It's cats who were serious and live and breath this shit. It's mostly the group members who drop all the damn knowledge in this thread to this day. Folks ain't left bgol. Game is just intense.

Tips are always shared. We've shared everything from entry to exit strategies to everything in between.



Shit. You keep thinking you don't need groups in this game. If you have a group of cats deep in this shit who all in it together sharing, they get further than any one man. All the hating on reddit. Twitter. 4chan. Bitcointalk. A group can narrow shit down and bring shit to the table for everyone to see. Shit. In reality, you need a think tank up in this bitch, but a group will do.

I know I'm good at this. I have calls in this thread and dropped shit to prove it. Got a twitter with people thanking me for shit. Called ADA back like on October 1 on my twitter. But everyone should get into a group if they can with people just as good and better. People just as devoted. They'd be crazy not to.

Shit. Just cats like @LegalMoney showing up and answering questions personally is worth being in a group. Then there are cats with the ICO knowledge that I haven't really even touched yet and still making a killing. Then TA cats. All in one place. No hate. Shit.

With the group that was formed off BGOL, sometimes I feel like I'm the wonder twin that turns into water hanging around the super friends. :eek:
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Yep. I was first to call Stellar...I copped when it was LOW. I am proudest of that one
 
LegalMoney said:
IMO the absolute worst scenario for new investors is making a shit ton of money faster than anticipated and not having any plan on how to manage your money, your investments, and most importantly your expectations.

It might be better for some to research good assets, identify a potential target price to sell and to HODL those positions until that number is hit, albeit however long that takes.

You're an investor at that point and should not worry about the intraday price swings.

For example, if you bought Litecoin at the beginning of 2017 it was ~ $3.00 - $1.00. At the time if you believed that Litecoin was criminally undervalued you should have bought $100 worth and held that shit all year until it got to the $300 level then sold for $40k+ profits.

That's an absurd ROI and actually happened. If you buy and HODL you'll likely win given the newness of the crypto market.

However, if you want to "play" more and move in and out of coins then you may be a trader.

Traders take positions regardless of relative price because they expect momentum and buying pressure to move prices fast. Traders don't bag hold: they sell their positions at determined profit levels and move onto the next coin.

Determine your goals and personal investing style ASAP before you make a shit ton of "paper" gains. Just because your Blockfolio says you're rich doesn't actually mean anything until you cash out.

The sickest feeling isn't missing out on a good run like Ripple, no the sickest feeling is watching your paper gains quickly disappear because you either didn't sell when it was high or didn't temper your expectations to weather the price swings.
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Man this should have been post #2 of the thread. Nothing but gems in post: 18575858 of this thread
 
Hey Julian! said:
$100 in a year? We'd have to be almost 4 trillion by the end of this year just for XRP. I could see that for the whole crypto market. We'll be see 1 trillion soon and extrapolating by last years growth we should be at least 2 trillion by the end of this year.
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More and more people are coming in. It seems the market is always underestimated. This is global, and even 1 trillion ain't shit globally.
 
Rennaissance man said:
Fellaz, be careful buying at these high prices. And if you do, set a stop loss. Market is overbloated right now
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We've been hearing that for months. Overbloated based on what? Even when total crypto market cap hit's $1 trillion that still only 1.5% of the worldwide stock market.
 
Hey Julian! said:
We've been hearing that for months. Overbloated based on what? Even when total crypto market cap hit's $1 trillion that still only 1.5% of the worldwide stock market.
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That's a fact... I think we just passed the market cap of Apple... One damn company has the same market cap as the entire cryptocurrency market..... This thing is very much still a fetus...
 
We not even at a trillion dollars market cap we got a ways to go.

Ethererum's pump will be massive so my plan is taking profits from my trades 60% BTC and 40% Eth.

Eth/BTC parity at most is 0.5 BTC. Right now it's 0.03, that's a good amount to grow, with accompanying rising BTC USD value.
 
ETH still not working on Coinbase. Tried to see if I could flip it to BTC wallet and can't even do that. Smdh
 
I'm late to the party. I saw this info about XRP early on but never pulled the trigger on that and other crypto. Coinbase hasn't charged my account so I can't verify payment method to complete account and Binance has suspended new registrations. What other options do I have?
 
SmaLLz said:
I'm late to the party. I saw this info about XRP early on but never pulled the trigger on that and other crypto. Coinbase hasn't charged my account so I can't verify payment method to complete account and Binance has suspended new registrations. What other options do I have?
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Other options to do what?
 
Hey Julian! said:
$100 in a year? We'd have to be almost 4 trillion by the end of this year just for XRP. I could see that for the whole crypto market. We'll be see 1 trillion soon and extrapolating by last years growth we should be at least 2 trillion by the end of this year.
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That's my point
If he thinks ripple will be 4 trillion by itself I was wondering how high he thought the entire market had to be in order for it to happen

Not shooting it down just asking for numbers behind the projections
 
SmaLLz said:
I'm late to the party. I saw this info about XRP early on but never pulled the trigger on that and other crypto. Coinbase hasn't charged my account so I can't verify payment method to complete account and Binance has suspended new registrations. What other options do I have?
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Damn. Game is getting overloaded for Binance to do that. They been having server issues of late. Plenty of other sites. Just go to coinmarketcap and look at all the exchanges.
 
cincitystudios said:
Damn TRON doin numbers! I know I didn't jump in this thread as early as I should have but got damn I jumped in right on time!!!
I love this game! Currently have majority of my holdings in TRON, ripple an XSPEC. With a little QTUM hanging in there. Had to sell the WABI it wasn't performing since I had it.
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Tip.

If you do your research and believe a coin will do something hold it.
If you halfway or bought it on recommendation without the belief by all means flip get out etc
But if you believe it. Hold.

Am obvious example is neo
Got in at 88 cents
It pumped to 12 bucks
Then "crashed to 6 bucks"
If I didn't believe in it I'd been like ok 88 cents to 6 dollars cool I missed the 12 but 6 is still cool.

Keep in mind the demographic it was after was sketchy the origin country was talking about banning the very purpose the coin was for it was threatened to be removed from exchanges
All of this for a solid month
Weak hands cut and run cause with all that why not?
I bought more at 6 dollars
Now neo touching $100
 
LegalMoney said:
We not even at a trillion dollars market cap we got a ways to go.

Ethererum's pump will be massive so my plan is taking profits from my trades 60% BTC and 40% Eth.

Eth/BTC parity at most is 0.5 BTC. Right now it's 0.03, that's a good amount to grow, with accompanying rising BTC USD value.
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Agreed
I'm gonna nest egg eth
Around 60% to hold
20% for ico's
20% for making moves
 
Well a big thank you to those that dropped investment gems in this thread. Although I missed a lot due to concerns about using any and every exchange out there, I made enough with what I did do, that realistically can make some life changing moves 6 months to a year from now.

I hope there is some way I can add to the collective so everybody in this thread can get paid.
 
largebillsonlyplease said:
Agreed
I'm gonna nest egg eth
Around 60% to hold
20% for ico's
20% for making moves
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Yeah, I've been missing out on a lot of money while some cats in the group were flipping ICOs. I was still hesitant with that lamba tao one, but I'm going to fuck with some now. I used that lamba money on VEN and it's up over $1 already, so I ain't mad about that shit right now. Vechain just looks solid as fuck to me and I couldn't resist. Rising despite insane sell walls.
 
I've been passively tracking this. They need to hurry the fuck up!!! :yes:
BlkStrength said:
Thoughts about the proposed upcoming lightning network for Bitcoin. It's why I'm still hodling some BTC in my portfolio. Instant transactions with practically no fees. Bitcoin could potentially skyrocket again.

https://www.forbes.com/sites/ktorpe...s-focused-on-cheap-transactions/#24e9ec5e7dab
Comparing the Lightning Network to Low-Fee Altcoins

There are many altcoins that have made their claims to fame by offering cheaper on-chain transactions when compared to Bitcoin. Here are the median transaction fees for some cryptocurrency networks on December 27, 2017 (according to BitInfoCharts):

Bitcoin: $22.99

Ethereum: $0.33

Bitcoin Cash: $0.05

Litecoin: $0.39

While there are currently cheaper alternatives to Bitcoin in terms of on-chain transactions, the Lightning Network should enable payments much cheaper than what is offered by these altcoins. In the past, the two co-authors of the original Lightning Network white paper have claimed fees on the layer-two scaling solution for Bitcoin will be effectively zero.

In addition to the lower fees, transactions on the Lightning Network can be accepted as valid instantly, meaning there is no need to wait for a confirmation via a new mined block before a payment can be accepted as valid.

There is also the potential for greater anonymity offered by the Lightning Network (or other, related systems such as TumbleBit), although there is still more work to be completed in this area.

Perhaps the most important factor to consider when comparing Bitcoin’s Lightning Network to low-fee altcoins is the higher liquidity, lower volatility, and relative longevity offered by the bitcoin asset. Most people would simply prefer to use bitcoin as money over an altcoin, which is the reason bitcoin has continued to succeed in the face of relatively higher fees.
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All this talk about withdrawing funds makes me nervous. Any advice for those of us with XRP on Bitstamp? I haven't transferred the XRP from Bitstamp to my ledger nano s wallet (just came yesterday) but I intend to later this week (or over the weekend... have to read up and figure out what I'm doing).

This thread is truly exemplary of how we do build together. Much respect to all of you... and many many thanks. I swear I looked and read through this thread for 3 months before I actually did something... glad i finally got off the fence.
 
gene cisco said:
Yeah, I've been missing out on a lot of money while some cats in the group were flipping ICOs. I was still hesitant with that lamba tao one, but I'm going to fuck with some now. I used that lamba money on VEN and it's up over $1 already, so I ain't mad about that shit right now. Vechain just looks solid as fuck to me and I couldn't resist. Rising despite insane sell walls.
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the jury is still out on lamden (TAU) but I liked how it captured the spirit of old ICOs...throw in however much you can afford...shit sells out in a heartbeat...instead of what these ICOs are turning into...have to join the whitelist for a presale...wait 2 weeks...have the presale...join the whitelist for the actual ICO...wait 2 weeks...do all that KYC nonsense...passport...blood test etc...have the ICO—but wait you can only buy so much since we’ve spent the last month and a half drawing it out and hyping it to death so now there are 10 of thousands of prospective buyers...great for the company...not so much for investors imo
 

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