Official BGOL Crypto Currency Thread ★★★★★

[TIMEISMONEY]

Okay. Well that's what I'm not clear on. Let's say that hypothetically I have 250,000 and want to lend all. How much Ripple can I expect to gain a day, assuming the now going percentage. (i.e., can one of y'all who are better at math kind of walk me through how the increase stacks--maybe give me the numbers on a realistic hypothetical transaction)

The rates are always changing though so it's never the same and your bundle of xrps get's breaken down into different loans. Right now I have about roughly 4M XRPs on Poloniex consistently out on loans at all different rates. I'm making about +-2k XRPs every 15-30 mins it seems. That's just an estimate for now. Some days/hours are better than others, but you get the point.

 

[An RnB Thug]

I got in at 485 and sold at 1189..

I'm more of a long termer.....I see this going up a decent amount
just off what the company is doing. It's owned by the former Ripple CEO
I'm holding

 

[ScottyPiffen745]

I've done it with all of my coins. It seems safe but the rates are so low that it really isn't worth it.The percentages are so low that you have to loan out hundreds of thousands just to get a few Ripple in a couple days.

That's how I feel about it.

It's like you gotta have a lot to get a lot back. With the low amount of XRP I have, I'm lucky to get a whole XRP coin after two weeks at these rates.

That's why I'm testing just lending out the BTC because the lending rates for BTC are significantly higher than the rates for lending out XRP.

With 1 BTC being worth like $1600, I'd rather grind the lending game to work towards getting a whole BTC coin than a XRP coin.

I feel like if I have several active loans of BTC going, all with decent rates, I could probably get a whole bitcoin in a little over a month.

 

[Matt Beesy]

I'm more of a long termer.....I see this going up a decent amount
just off what the company is doing. It's owned by the former Ripple CEO
I'm holding

That fool is a con, he is also the former founder of MT GOX that claimed to get hacked and lost over 400 million in bitcoin if im not mistake......

 

[LSN]

That fool is a con, he is also the former founder of MT GOX that claimed to get hacked and lost over 400 million in bitcoin if im not mistake......

he is...that being said...it'll make some noise...don't know how long term it will be tho...I def shoulda dropped $1000 on that too...it was @ .002 back when ripple was still low...and now it's @ .02...that's. $10000 right there and the shit will probably still go up...cats did mention him starting up this new shit but I was still having reservations about XRP...dude has a good track record for starting shit...but a very lousy one for finishing it

 

[TheAlias]

There are hundreds of members on here who are doing just that. Honestly, the main reason I got involved was because I missed out on Malaki's Bitcoin investment suggestion.Back then it was $16 a Bitcoin and just a few days ago Bitcoin was around $1700.

Wow

 

[An RnB Thug]

That fool is a con, he is also the former founder of MT GOX that claimed to get hacked and lost over 400 million in bitcoin if im not mistake......

He sold the site. He didn't have anything to do with getting hacked

 

[tapdatass]

That's how I feel about it.

It's like you gotta have a lot to get a lot back. With the low amount of XRP I have, I'm lucky to get a whole XRP coin after two weeks at these rates.

That's why I'm testing just lending out the BTC because the lending rates for BTC are significantly higher than the rates for lending out XRP.

With 1 BTC being worth like $1600, I'd rather grind the lending game to work towards getting a whole BTC coin than a XRP coin.

I feel like if I have several active loans of BTC going, all with decent rates, I could probably get a whole bitcoin in a little over a month.

i feel you, i get like 2 xrp a day, it adds up but still

 

[tapdatass]

STR at 3-4% lending

 

[fourthstbully]

The rates are always changing though so it's never the same and your bundle of xrps get's breaken down into different loans. Right now I have about roughly 4M XRPs on Poloniex consistently out on loans at all different rates. I'm making about +-2k XRPs every 15-30 mins it seems. That's just an estimate for now. Some days/hours are better than others, but you get the point.

thanks for sharing. i setup lending today.

 

[Confucius]

I made a killing with STR, Loan rate is high too
I got in at 339 and it's past 1200 right now. I'm so happy

I have 100k of STR on loan. This coin is reminding me of XMR. I bought at 800 sat and now its at 1300 sat!!!
I am charging 1% for it!!!

 

[Confucius]

I got in at 485 and sold at 1189..

they are saying STR is the next XRP so I am holding for now

 

[An RnB Thug]

I have 100k of STR on loan. This coin is reminding me of XMR. I bought at 800 sat and now its at 1300 sat!!!
I am charging 1% for it!!!

1%????
It's 2% now....click don't renew and when they finish re-up the loan at the minimum listed
I made about 150 STR since yesterday just off loans

 

[dat_cartel_boi]

Aiight fam I got about a loose grand I wanna put on some Altcoins. Which do some of yall recommend? I'm thinking STR maybe Dash, LTC?

 

[Confucius]

1%????
It's 2% now....click don't renew and when they finish re-up the loan at the minimum listed
I made about 150 STR since yesterday just off loans

yeah i loaned mine when it first started rising. The demand was not as high

 

[Confucius]

Aiight fam I got about a loose grand I wanna put on some Altcoins. Which do some of yall recommend? I'm thinking STR maybe Dash, LTC?

Those or even ZCASH
but i like STR right now

 

[Mrfreddygoodbud]

Those or even ZCASH
but i like STR right now

is that star coin?

what is giving you that hunch about it??

 

[oskywosky]

The rates are always changing though so it's never the same and your bundle of xrps get's breaken down into different loans. Right now I have about roughly 4M XRPs on Poloniex consistently out on loans at all different rates. I'm making about +-2k XRPs every 15-30 mins it seems. That's just an estimate for now. Some days/hours are better than others, but you get the point.

So do you just set your interest rate based on the then going rate, or do you have a minimum rate that you always use as your lowest offer? For example, right now the lowest rate on the offer board is .0029%. Would you set your rate based on such, or do you never go below a certain percentage -- say, .005 for example? I'm just trying to figure out to what extent I should set it and leave the auto renew going.

 

[xxxbishopxxx]

So do you just set your interest rate based on the then going rate, or do you have a minimum rate that you always use as your lowest offer? For example, right now the lowest rate on the offer board is .0029%. Would you set your rate based on such, or do you never go below a certain percentage -- say, .005 for example? I'm just trying to figure out to what extent I should set it and leave the auto renew going.

You set your rate for what you are willing to lend. However, you have to keep in mind that the lowest listed rate always shows up first. so you may not be willing to lend for any amount less than .05. However, twenty people have set lower rates (anywhere from .0001 to .04999). That's why it is good to do it for the minimal of 2 days at time with auto renew off. That way you can re-access the rates before lending again. However, that can work against you as well. Sometimes the rate is lower after your lend period is up, which means you have to drop your rate to compete.

 

[LSN]

damn I think I kinda fucked up not jumping on stellar...I don't see it beating out XRP but they'll make things interesting for a minute...I need to look into another coin to take a chance on...something w/ a very low buy-in that's not an immediate pump n dump tho

 

[tapdatass]

damn I think I kinda fucked up not jumping on stellar...I don't see it beating out XRP but they'll make things interesting for a minute...I need to look into another coin to take a chance on...something w/ a very low buy-in that's not an immediate pump n dump tho

im looking at SC and BURST

 

[ugk]

damn I think I kinda fucked up not jumping on stellar...I don't see it beating out XRP but they'll make things interesting for a minute...I need to look into another coin to take a chance on...something w/ a very low buy-in that's not an immediate pump n dump tho

Digibyte and Siacoin

 

[LSN]

Digibyte and Siacoin

thanks...I'll look into them...I'm on coinmarketcap right now

 

[ugk]

I'll load up on Stellar if/when it drops back below 1000..

A lot of these coin's values are super pumped right now..

 

[ugk]

 

[LSN]

Digibyte and Siacoin

damn they were both @ really sweet buy-ins in march where $1000 woulda netted you 3-5 million coins

 

[ugk]

damn they were both @ really sweet buy-ins in march where $1000 woulda netted you near 5 million coins

I think both are pretty good long term holds.

 

[^SpiderMan^]

If you loaned out:
250000 Ripple at 0.25%
250,000 x 0.25% =
250,000 x 0.0025=
625 Ripple

I'm not seeing that high a percentage for XRP. I've had .005% up all day with no takers.

 

[tapdatass]

what up with doge thooooo... nice little pump today

 

[LSN]

im looking at SC and BURST

thanks...idk how I didn't see this when you first posted...I'm looking it up now

 

[LSN]

Anyone fuckin with Stellar? It looks like a decentralized xrp from what I think I understand about. Shit is low like xrp was at .003. Probably won't hurt to stack a few while it's low. Looks like a major coin base on how you can buy with it.

good call

 

[daman200]

Anybody know the deal with Stellar? Its getting pumped hard right now.

I jumpin on stellar about a few days ago nice little rise in price. Seem like pump though


Lite Coin went from 4 bucks to 30 bucks in like less than a MONTH!!!!! CRAZY MAN!!

 

[LSN]

I jumpin on stellar about a few days ago nice little rise in price. Seem like pump though

I'd low key be a bit relieved if it was...feel like I missed the boat on this one

 

[Confucius]

I'm not seeing that high a percentage for XRP. I've had .005% up all day with no takers.

When it is pumping hard the rate goes up

 

[Confucius]

I'd low key be a bit relieved if it was...feel like I missed the boat on this one

I was lucky to get in on STR
Look at BCN and SC as well. They are still cheap! I have all of them and they are all green today