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Official BGOL Crypto Currency Thread ★★★★★

LSN said:
man it's gotten to the point that I'm having vivid dreams about the shit...the shit went down as low as $0.001 before shooting up to $412...trying my best to keep levelheaded tho
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Personally I don't see how this ever hits $100 a coin giving that there are 99Bn coins and 50Bn are hoarded by the company. That's too much supply whereas Bitcoin is capped at 25M coins.

However since these international settlements are a trillion dollar industry perhaps with widespread use the banks will consume a massive number of coins.

My guess is by the end of the year it will be worth $0.10 - $0.25 and within 2 years reach $1-$10 a coin.

I just need 166K coins and if it ever hits $10 I'm a millionaire and cash out. I'm not a greedy dude :lol:
 
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bitcoin has scalability issues...25M coins are not enough to conduct the amount of transactions that banks due per day nor a behemoth money mover like western union. I really have good hopes that the western union deal goes through. we shall see....time will tell but its too good of an opportunity to sit on the sidelines with the naysayers....

BTW, even if it hits 5-7 dollars a coin within 3 years, that's till a substantial profit. I, like my man above am not a greedy man, but I plan on being at 500- 1000 if it looks like its going to take off. I can invest 300 without completlely loosing my mind if this goes side ways....but if it goes right....ill still lose my mind, just on a boat in the carribean....LOL.
 
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LSN said:
man it's gotten to the point that I'm having vivid dreams about the shit...the shit went down as low as $0.001 before shooting up to $412...trying my best to keep levelheaded tho
Click to expand...

Lol I just had a dream about that shit last night. Had a dream it shot up to 150 andI was in the millions. Then my wife turned on the light...
 
Moving Target said:
bitcoin has scalability issues...25M coins are not enough to conduct the amount of transactions that banks due per day nor a behemoth money mover like western union. I really have good hopes that the western union deal goes through. we shall see....time will tell but its too good of an opportunity to sit on the sidelines with the naysayers....

BTW, even if it hits 5-7 dollars a coin within 3 years, that's till a substantial profit. I, like my man above am not a greedy man, but I plan on being at 500- 1000 if it looks like its going to take off. I can invest 300 without completlely loosing my mind if this goes side ways....but if it goes right....ill still lose my mind, just on a boat in the carribean....LOL.
Click to expand...

Yeah I made a mistake I meant to say all I need is 166,000 coins which is investing about a grand.

If this hits $1 a coin it will be mad tempting for many to cash out. However I agree with Largebills that you should invest enough to cash out and leave a significant holding behind.

I just don't see this being the cryptocoin that hits a $9trillion dollar market value and that's what it would be at $100 a coin. I can see it being worth in the billions which is that $1-$5 range. And even with scalability issues Bitcoin is a $25Bn market.

At worst case we all bought in so low that we can recoup most of the investment because I think it's safe to say that the coin will be used in some form this year which would raise its value, even if its $0.01 that's a gain.
 
spaceage78 said:
My wire just got deposited this morning since Saturday. I'm about to a whole lot and hope for the best. Good luck everyone in here man. Hopefully we're all millionaires from this about 5 years from now.
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Fam did you have to do anything else after you put in the request for the bank wire? I did mine on 1/10/2017 but it is still pending. Someone in a couple of post back stated that we have to contact our bank to let them know of a wire. Trying to get this shit done before the 17th.
 
Moving Target said:
bitcoin has scalability issues...25M coins are not enough to conduct the amount of transactions that banks due per day nor a behemoth money mover like western union. I really have good hopes that the western union deal goes through. we shall see....time will tell but its too good of an opportunity to sit on the sidelines with the naysayers....

BTW, even if it hits 5-7 dollars a coin within 3 years, that's till a substantial profit. I, like my man above am not a greedy man, but I plan on being at 500- 1000 if it looks like its going to take off. I can invest 300 without completlely loosing my mind if this goes side ways....but if it goes right....ill still lose my mind, just on a boat in the carribean....LOL.
Click to expand...

I basically think that the reason it's going to hit it big is not because of the consumer but because of who it's backed by.
This is their entrance into the market and they still run shit basically. Like it or not they do and they're never going to let something they control fail in an untapped market basically.
So I can see them driving the price up on these things crazy high for the simple fact that with these coins you can now deal in those fractions of cents that banks have been trying to get their hands on for decades.
 
LegalMoney said:
Yeah I made a mistake I meant to say all I need is 166,000 coins which is investing about a grand.

If this hits $1 a coin it will be mad tempting for many to cash out. However I agree with Largebills that you should invest enough to cash out and leave a significant holding behind.

I just don't see this being the cryptocoin that hits a $9trillion dollar market value and that's what it would be at $100 a coin. I can see it being worth in the billions which is that $1-$5 range. And even with scalability issues Bitcoin is a $25Bn market.

At worst case we all bought in so low that we can recoup most of the investment because I think it's safe to say that the coin will be used in some form this year which would raise its value, even if its $0.01 that's a gain.
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Yup I'm about to buy more today. I'm going to roll with the conservative mark of being able to make an m cashing out if it hits $75 and still hold a significant amount of coins for another threshold.

I'm going to do it in tier's and goals for each tier.
In the end I'm going to always try and keep 50% untouched no matter what

Also if it gets that high in price then it'll actually be an accepted form of payment so we might not even need to cash them out... we'd just have a lot of the coins everyone is taking now, like if you had bitcoins back then.
 
rjohns23 said:
Fam did you have to do anything else after you put in the request for the bank wire? I did mine on 1/10/2017 but it is still pending. Someone in a couple of post back stated that we have to contact our bank to let them know of a wire. Trying to get this shit done before the 17th.
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check your email. they sent me an email for me to send my tax returns after doing the wire
 
Kraken is confusing as hell. I've converted USD>XBT. Trying to convert XBT >XRP but i'm having problems. Who's using Kraken?
 
Which of these sites can i make a deposit using my credit/debit card? Anybody know? Or which ones wire is the fastest?
 
bigdog_bx said:
Lol I just had a dream about that shit last night. Had a dream it shot up to 150 andI was in the millions. Then my wife turned on the light...
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just when it was starting to get good..

she said fuck the part in your dream where you meet the young hoes and start lookin at her funny..

she was like wake yo ass up!!!

lol
 
LSN said:
any limit on changelly making purchases cc?
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USA, Canada and Australia - $50 limit for the first transaction, the next purchase could be made in 4 days (100$ limit), $500 after 7 days of the first buy. No more than 3 payments within the first week. No limits in one month at all.
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purchase wouldn't go thru tho...I'll just stick w/ coinbase...hassle free
 
BTW....don't forget to pay your damn taxes. that's why this has be tight...go get an accountant if this goes big before the 3 year mark. im not sure but I believe capital gains comes into play....anybody know anything any different????
I thought that capital gains wouldn't matter because this is a currency swap essentially but uncle pimp always has new freaking rules that we miss or don't understand.
ALSO for those that are married and trust your wife....I believe the IRS does permit a one time gift to your spouse in the amount somewhere around 1.2 million. if that's the case, it could save some serious tax dollars if you make over a million. 300k is a helluva lot of money to give away to someone that didn't do shXX.
 
An RnB Thug said:
I'm 100% good with Changelly now. I can buy as much as I want. Up to 34,000 ripple and counting
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ya I reread the thread and realized I have to call my cc company...seems like any limitations are lifted after a week...if they're still low next week I think I'm just go for 100k and be done w/ it
 
ya still no luck w/ changelly...I called my cc company told them I was going to make a purchase and that they used indacoin to process payments...they said it should go thru...but the shit still won't process
 
LSN said:
ya still no luck w/ changelly...I called my cc company told them I was going to make a purchase and that they used indacoin to process payments...they said it should go thru...but the shit still won't process
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you should read to them exactly what the error says. Tell them about the 3D secure stuff
 
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Day_Carver said:
just got things figured out with chanegelly finally :bravo:; good looking on everything :cheers:; im still debating on getting tier 3 for kraken; i guess i should just do it; tell me how you feel about the ripple though; what are your thoughts about it; i will probably purchase more within the next couple of days...
Click to expand...

what was wrong on your end/their end...did you take their advice and buy it in euros or just waited an hour like @An RnB Thug suggested?
 

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