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What do people think about Bitcoin?

Discussion in 'BBS Hangout' started by Spooner, Jan 25, 2014.

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What is the fate of Bitcoin?

  1. Currency of the future

    34.8%
  2. Passing Fad

    65.2%
  1. SirIvyLeague

    SirIvyLeague Member

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    Cardano @.73 now, and XRP at $2.25 now.

    BTC, LTC, ETH are rising.

    SIL
     
  2. el gnomo

    el gnomo Member

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    Big Ballers don't need to impress random people on the internet lol.
     
  3. SirIvyLeague

    SirIvyLeague Member

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    Who am I trying to impress?

    Just stating what BSD is doing; I've stated what I even what I was doing when I was buying/selling 1-10 LTC sizes, original $5,000-$10,000 BTC loads, etc. There's a wide spectrum, no needs to be impressed that some poker players, some athletes, some high net worth folks put in some of their money into cryptos. Nobody cares.

    Simply stating what we're doing, much like others. It's good to have a community for that.

    SIL
     
  4. el gnomo

    el gnomo Member

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    Your username in itself is an attempt to impress random people on the internet. Honeybear, is that you?
     
  5. SirIvyLeague

    SirIvyLeague Member

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    Honeybear, Ronny T. No I'm me, none of those fellas. I'm way better than them, sir. IP check me or whatever, or if the three fools here that do know me personally that wanna vouch...feel free too. Then again, none visit this thread.

    SIL
     
  6. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    So i started withdrawing my cardano from binance into my daedlus wallet this morning. Have screenshots of the wallet address so im sure everything is correct but its still processing after like 6 hours.

    Now i saw withdrawals for ADA are suspended. How worried ahould I be? Lmao
     
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  7. CCity Zero

    CCity Zero Member

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    Anyone heard much on FUEL coin its been erratic on the growth??
     
  8. CCity Zero

    CCity Zero Member

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    Yeah I'm worried too... I don't have a lot on ADA but it's stuck..
     
  9. CCity Zero

    CCity Zero Member

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    C
    It looks like I can sell it still...
     
  10. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    Its fine on the exchange. It just has a suspension on withdrawing it from the exchange.

    I started my withdrawal this morning at 1 pm and they usually just take a minute or two

    it still shows processing and i see now all ada withdrawals are suspended. Should be fine. Just nerve wrecking to have it in limbo right now lol

    I have screenshots to verify that i inputed the right wallet address perfectly. Just anxious after the suspension lol
     
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  11. SirIvyLeague

    SirIvyLeague Member

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    This is the **** nature of this game. Seriously, when I say don't put anymore than you can afford to lose I mean it.

    Of course, the CC experts tell you otherwise. It's all manipulation, etc. That's how this **** trades. I may go whale mode in the morning on ADA.

    For now, peace my boy. Happy NYE.

    SIL
     
  12. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    yah it's a lil nerve wrecking but the coins aren't gone. They still show in my binance exchange.

    Just shows processing withdrawal still on my order history. Then I see the exclamation point by my coins saying (network busy, withdraw suspend). I wouldn't trip unless it said transaction complete and my daedelus was still empty.

    I have a pretty healthy amount in cardano but I wouldn't necessarily be homeless if these coins disappeared ;)

    I'm counting on Cardano and DNT to come through for me in 2018

    happy NYE too!
     
  13. CCity Zero

    CCity Zero Member

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    I sold my Cardano and will just Re-buy, jumped back on XLM and had a decent run... But Cardano should be good. Looking forward to some of these coins moving up in 18
     
  14. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    My Cardano finally came through to my wallet!!!! I'm so relieved lmao.

    Yeah I'm on XLM. I got in a couple of days ago. The rise right now is nice.

    Be careful about over trading bro. I'm still new to this game so my advice sucks but most of the crypto people that I trust IRL say that over trading can be a disease, leave you vulnerable to emotional decisions, and keep you glued to your phone 24/7. Everything will dip at points. Look for a coin that you believe in over the long haul.

    I'm not really a day trader who's going to be trading in and out that much. I'm in Cardano for the long haul over the next couple years. I really believe in it. They are still a work in progress and have a long way to go which is why I think it's a long hold IMO.

    I think your XLM decision is a good decision though. I think that XLM is a safe bet because it could grow as the crypto community grows. Here's a reddit post. Not a super reliable source but I am hopeful for this to be true based on the reading that I've done on XLM



    https://www.stellar.org/how-it-works/stellar-basics/
     
  15. CCity Zero

    CCity Zero Member

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    Yeah, definitely agree with you on over trading! Haha, I made some silly mistakes early on, I just got on cardano recently so was pretty much an even trade (and right before the XLM additional bump). I'm planning to do the same and put them on a wallet. I def agree and feel like if I do too much trading or am on the phone (especially late) I'll make some garbage trades (so definitely agree that holding is a lot safer). I like Cardano from what I've seen and XLM, and a few others mentioned earlier.

    Anyway, I'm glad you were able to get yours processed out!

    And thanks for sharing info, some of that's what made me interested in XLM.
     
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  16. Daddy Long Legs

    Daddy Long Legs H- Town Harden

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    Yeah I just wouldn't trade my cardano because I bought in before it hit .50 cents. I've def made some mistakes earlier on due to over trading and panic selling before. It sounds like you did your chit smart. I like XLM a lot. Someone that I know IRL really really believes in XLM.

    Right now, my favorite purchase is the DNT that I got on last night. Wish I would've put more $ in. Hindsight is terrible in this game haha. It'll probably drop soon after this big pump anyway though. We saw POE go from 6 to 18 to 9 recently.

    I feel like you and I are both relatively new. I got on a couple weeks ago. SIL and Yung T been going at this ish for a minute it seems hahahaha.
     
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  17. peleincubus

    peleincubus Member

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    I would not mind seeing bitcoin go to $1 or $100,000 just to see what happens.
     
  18. Yung-T

    Yung-T Member

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    It has great partnerships and is in my mind what xrp should be if it were a true decentralized crypto, instead of appealing to the very same institutions which crypto wants to free people from.

    Defeating banks is a hell of a task and I'm not sure it'll work, but remember that xrp itself is purely driven by price manipulation atm and that no bank has shown any willingness or plans to adopt the xrp token itself.
    Hence why I said it will do good 17/18 at least because of manipulation and whales f***ing newcomers over, but don't see it as a longterm investment.

    I'm heavily invested into xlm now, has a brighter future imo.
     
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  19. SirIvyLeague

    SirIvyLeague Member

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    [​IMG]
    American Express, Santander team up with Ripple for cross-border payments via blockchain

    • Payments made by American Express' business customers on its FXIP platform will now be routed through Ripple's enterprise blockchain network
    • The blockchain project will initially allow customers in the U.S. to make instant, traceable cross-border payments with U.K. Santander bank accounts
    • Ripple said that its cryptocurrency, XRP, will "come into play" as a means of speeding up payments later on down the line

    The clear hedge for XRP and it's actual process is XLM, @Mathrocker and @CCity Zero

    From another article...

    Ripple (XRP) promises much faster and cheaper processing than legacy banking and is building a following as it grows out.

    Enter Stellar Lumens (XLM). Much less well known and with a current market cap at $1.6 billion Stellar Lumens is looking to compete with Ripple as a new generation mechanism to transfer funds across the blockchain. Unlike many new crypto companies which seem to carbon copy the market leading blockchain technology, Stellar Lumens is not simply a copy of Ripple.

    Stellar Lumens (XLM) technology promises all of the latest features like smart contracts, decentralized processing, and a ledger network that works via consensus to process payments in 2-5 seconds. While Ripple (XRP) is a for-profit business and has a concerning 20 billion XRP holdback for development, Stellar Lumens has a small 5% holdback of XLM for future development and advancement of the foundation. Just as Visa, Mastercard and American Express all compete for the same customers and each are very valuable companies, Stellar Lumens (XLM) is looking to compete with Ripple (XRP) but that does not mean investors have to choose only one.



    Again, please take all advice for a grain of salt. Just be prepared to lose it all, at some point. With this stuff being said, I'm still going long ADA, bought some POE at .095, and gonna get half my XRP position or maybe 1/3 in Lumen.

    SIL
     
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  20. SirIvyLeague

    SirIvyLeague Member

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    I also have 100% guaranteed insider info that the largest crude oil trader(full service) has talked about bringing ripple and eventually xrp on board. And has talked to one bank in particular to start this line through a FX hedge. One of the oceans twelve in BSD is a FX trader at this bank.


    Now does it come through? Idk. If it does, the three to four other massive commodity shops will quickly adopt and seek other Banks. This is pure spec.

    Don't or do invest on this info. Just don't come back if it doesn't happen, or if you lose it all and be mad.

    SIL
     

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