Introducing Ethereum (Bitcoin but better...or worse...depends on who you ask)

Got to a high of about $18.5k and is now at $16k.

I have a small investment in BTC that continues to grow but I'm not going to buy any more. Once you start seeing Joe Blow on Facebook posting about buying you know you're in a bubble.

Will be interesting to see where this ends up though.

Watch Out Pylon! wrote:So I was reading a story about a guy who set up his mining rigs in his garage to keep it heated during the winter. Genius.

Here's what's crazy, coin mining's annual energy consumption rate would power Denmark for a year.

Bitcoin’s insane energy consumption, explained

Naturally, this is leading to concerns about sustainability. Eric Holthaus, a writer for Grist, projects that, at current growth rates, the Bitcoin network will "use as much electricity as the entire world does today" by early 2020. "This is an unsustainable trajectory," he writes.

I ve sadly only maintained 1.273 BTC... I was holding over 4 just a few months back

DWags wrote:NBC news had a story tonight.  About a five minute piece. Buffett says get out now.  I wonder what the story will do for it?  Tons will want to get in but many might say fuck it.   I’m out.  

I never got in. Maybe I'm a fool, but we're along way from widespread adoption, and this is going to crash hard. Of course, that's what some people said about Amazon.

Here comes Litecoin. I've already written off that $100 so i'm leaving it in there forever

Dammit, I sold some ethereum at 150, going out would drop to $350 and buy back. It's just been sitting the whole time.

InTenSity wrote:Dammit, I sold some ethereum at 150, going out would drop to $350 and buy back. It's just been sitting the whole time.

There are two ways to play this stuff IMO

1) Buy it and forget about it. Make millions or make zero
2) Day trade it

tTy wrote:

Nordic wrote:

Is Bitcoin Cash still a thing? Is it called BTCC or BCH?

I moved my BTC to a wallet before the split in July. How do I cash out the Bitcoin Cash or move it to BTC?

Put your public key in here and see if you have any...

https://bitinfocharts.com/bitcoin%20cash/explorer/

EDIT: I am holding my Bitcoin Cash cuz there is evidently still debate as to which of the two will reign supreme in the end. Cash is trading at 1500-ish right now, but at one point it fucking went apeshit and hit a high of 2799. Bitcoin Gold is the one I wanna get TF out of and turn into LTC.

I have Bitcoin Cash & Bitcoin Gold!

Nordy, how the fuck did you verify your Bitcoin Gold?????? Please advise.

Fuck it, floor it....

BTC futures are evidently coming online on Monday. I really wanted to switch out of my BTC into LTC, but after having done some research, there was nothing I could have done to escape a tax event, and so I didn't do shit. Bottom line is, if the futures market crashes BTC, BTCCash will win bigly. If it does NOT crash BTC, then, I'm good AF. I don't trust the futures market at all, it is what is killing the precious metals markets, and is why I'm not living on a beach somewheres rn.

LTC is taking off like I thought it would. It'll be 3 or 400 by June, no doubter. Probably should be WAY more as long as the CME doesn't fuck up BTC. 4:1 ratio there. LTC should rightly be 4K right now, give or take a grand. If I could, I'd put my entire net worth on LTC right now and I would sleep like a baby tonight.

LTC blast off........ here we go.......

tTy wrote:Nordy, how the fuck did you verify your Bitcoin Gold?????? Please advise.

from the same link you sent

Nordic wrote:

tTy wrote:Nordy, how the fuck did you verify your Bitcoin Gold?????? Please advise.

from the same link you sent

Thanks... I am a stupid.

I got BTG too bitches!!

Looks like a correction could be happening now.

This is very encouraging...

Litecoin, up > 50% today. TODAY.

Train hasn't left the station yet, it'll do this again and again and maybe again before end of June. Zero doubt. Load up!

Tim Wakefield wrote:Here comes Litecoin. I've already written off that $100 so i'm leaving it in there forever

BING!

It'll be worth a grand or two in 18 months.

tTy wrote:

Tim Wakefield wrote:Here comes Litecoin. I've already written off that $100 so i'm leaving it in there forever

BING!

It'll be worth a grand or two in 18 months.

You're a crazy/sketchy motherfucker but you've made me some money without me having to do anything so i appreciate you

Tim Wakefield wrote:

tTy wrote:

BING!

It'll be worth a grand or two in 18 months.

You're a crazy/sketchy motherfucker but you've made me some money without me having to do anything so i appreciate you

I feel pretty normal, actually.

Litecoin hitting 270...................................... So easy.

Oh, in case you can't figure out the Bitcoin image from above, it tells two stories:

1) HODL is real. The early adopters of BTC are buying and holding (HODL) BTC to the tune of 40-50% haven't changed hands in forever, and that percentage is growing.

2) Shrinkage is real. Every day BTC is lost in the ether, never to be recovered ever..... and so supply will eventually begin shrinking faster than it grows as there will ever be 21 million BTC mined ever.

I predict that one day, far into the future, there will be like 100 BTC left, and each of them will be worth a trillion dollars due to inflation and collectors peanut butter boner time. That will never happen in our lifetimes, but eventually it will, maybe even your great grandchildren could be trillionaires because there are none left cept for 100 on earth.....

I wish the silver thread would have gone this way..................


It will............. And I'm ready.

Litecoin.

Me =

CRAP! ETH and LTC are still going bonkers this morning. Ty we should take our crytocurrency cash and run away together to Tahiti. (Island babes are hot!)

Fuck. It has to crash again right? I don't want to buy on an upswing. I don't have close to what you guys have put in, but the little bit of litecoin I bought last week has doubled before I have it available.

InTenSity wrote:Fuck. It has to crash again right? I don't want to buy on an upswing. I don't have close to what you guys have put in, but the little bit of litecoin I bought last week has doubled before I have it available.

Actually, I do hope there is a correction because I am with you, I want to BUY MOAR but not with it going wild like this.

LTC is baby BTC. It SHOULD be trading at over a grand right now. Easy.

Coinbase suspended all buys of ETH and LTC.

At this point:

InTenSity wrote:Coinbase suspended all buys of ETH and LTC.

Uh, they crashed. Too much activity is my guess. Or too many people trying to extract profits.

LooseGoose wrote:At this point:

We're all getting rich off of tulips Goose. You should join the party. All you gotta do is siphon off your easy money into much safer investments every so often.

http://beta.morningstar.com/etfs/pinx/gbtc/quote.html

LooseGoose wrote:At this point:

Hop on board the money train!

https://cointelegraph.com/news/investors-dumping-gold-for-bitcoin

Today I learned Goose hates capitalism. Sad!

Watch Out Pylon! wrote:

Today I learned Goose hates capitalism. Sad!

lol, not at all. I'm happy for all of you. I'm simply on the bubble train now, I think it's gonna burst.

Once you draw your $$ out and want something to play at next year I'll walk you through making 4X-10X your money every year. Nearly zero downside and all secured by real estate. That's my preferred speculation area. It does take some work so that's unlike just watching the cryptos rocket up.

LooseGoose wrote:

Watch Out Pylon! wrote:

Today I learned Goose hates capitalism. Sad!

lol, not at all. I'm happy for all of you. I'm simply on the bubble train now, I think it's gonna burst.

Once you draw your $$ out and want something to play at next year I'll walk you through making 4X-10X your money every year. Nearly zero downside and all secured by real estate. That's my preferred speculation area. It does take some work so that's unlike just watching the cryptos rocket up.

Holy crap. Are you the richest person on the planet? Can you be my sugar daddy?

Small correction happening with ETH and LTC. I'm down several hundred from an hour ago. LOL