Messages in Willem Petzer Live Chat #crypto-stories

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Daniel van Straaten 2018-07-21 17:52:53

@Daniebees this should be interesting
https://youtu.be/q8R71WGO3qU

Mee6 2018-07-21 21:11:02

Ditsem! @Daniebees, you just advanced to level 5!

Tjoppie 2018-07-22 07:29:34

@Daniebees started with $100 and sitting now on $1100 after 4 months.

Tjoppie 2018-07-22 07:32:19

I trade on Poloniex

Tjoppie 2018-07-22 07:33:30

and use altpocket to track investments, profits, percentage change etc...

Daniebees 2018-07-22 08:27:18

@Tjoppie That is some good trading man! well done

HoppeanSnake_ZA 2018-07-22 08:30:37

I still dont understand why Shitcoin is a thing. I understand blockchain technology but intutively Crypto seems like a ponzi scheme. Does anybody have a link to Bitcoin for dummies or something similar for me?

Daniebees 2018-07-22 08:30:54

@HoppeanSnake_ZA Yes agree it will die

Daniebees 2018-07-22 08:31:10

Will be about 10 left in the end

HoppeanSnake_ZA 2018-07-22 08:32:11

I dont know I got very apprehensive about it when normies started losing their minds about it.

Tjoppie 2018-07-22 08:43:40

The markets have been slow and really down the last few months. And people loosing money, because people they put in money at the wrong time. Wait till the market is at its lowest for what you can see on the chart then cash in with some indicators that it should go up long term or short term.

Daniebees 2018-07-22 08:44:43

@Tjoppie leverage trading is way to go man

Tjoppie 2018-07-22 08:45:32

I work on Moving Averages, Fibonacci in mid-short term. and most of the time with success.. I also take losses...

Daniebees 2018-07-22 08:45:52

RSI good indicator for day trading

Tjoppie 2018-07-22 08:46:07

Yeah most def.

Tjoppie 2018-07-22 11:20:18
cµrvy 2018-07-25 11:31:17

ek het al gedink tech analysis kan basies enigiets wees solank jy net consistent bly in you methods en risk manage.

cµrvy 2018-07-25 11:33:09

danie, waat gaan aan? ek hoor mense dump nou alt coins vir btc oor die nuwe etf storie?

cµrvy 2018-07-25 11:33:25

wonder of ons 'n massive rally gaan sien weer...

cµrvy 2018-07-25 11:33:49

oops i should probably speak english here...

Daniebees 2018-07-25 13:18:43

If you guys are interested in Crypto stuff join my discord channel lot of friendly traders that will help you

Daniebees 2018-07-26 20:52:50

localbitcoins.com

Daniebees 2018-07-27 11:02:49

Get your bitmex accounts ready almost time to long at x10 https://www.bitmex.com/register/vB3dvX

Mee6 2018-07-27 11:02:49

Ditsem! @Daniebees, you just advanced to level 6!

cµrvy 2018-07-27 11:39:39

wanneer gan jy long? maandag?

cµrvy 2018-07-27 11:39:45

of op 7800

Daniebees 2018-07-27 13:27:45

ek gaan long op 7500

Daniebees 2018-07-27 13:27:56

yes ek dink Maandag

Daniebees 2018-07-27 13:28:34

this is why I love Trump he appoints people that wants to make Bitcoin great again https://twitter.com/HesterPeirce/status/1022601549309198337

cµrvy 2018-07-27 19:08:03

hoop nie die is die begin van die rally nie

Daniel van Straaten 2018-07-30 15:48:43

With @Daniebees and the other guy from I think NZ I had a good talk here about Bitcoin.

I think I understand it better now and would appreciate correcting my understanding below:

Bitcoin is a type of IP, which can't be copied. Each coin is unique. The coins are generated using an algorism. Each time a coin is generated it takes more computer power to generate the new coin. There is a limit to the amount of coins that can be generated. People value it because of its underlying technology blockchain, which make peer-to-peer transactions possible thus avoiding 3rd parties that can take money from you. The value of the coin depends supply and demand.

Daniel van Straaten 2018-07-30 16:51:38

The Blockchain system can be used apart from Bitcoin to make transactions between two people using any commodity. I am more at ease with this idea. See: https://mises.org/library/how-blockchain-and-gold-can-work-together

cµrvy 2018-07-30 18:08:18

nice drop back to 7800

cµrvy 2018-07-30 20:08:57

but i'm still not long

Tjoppie 2018-07-31 06:49:49

Ripple Long Term => 800 -1200 %, Stellar Long Term => 400%

Tjoppie 2018-07-31 06:57:45

Tjoppie 2018-07-31 08:24:00

Added an extra 10k today into ripple and stellar. Holding long term. No more short term trades on them. Good luck everyone...

kriptomaan 2018-07-31 11:09:30

Lots of alts on sale today...

CarlSagan 2018-07-31 16:07:19

Wouldnt touch ALTs for another month

kriptomaan 2018-07-31 16:46:59

quite risky atm yes, seems to dump whether bitcoin goes up or down, btc sideways also not fuelling alts as previously

kriptomaan 2018-07-31 16:47:18

can change quickly though

Tjoppie 2018-07-31 16:49:30

Holding thumbs

Tjoppie 2018-08-01 08:38:10

XRP very nice.. made 11% profit since yesterday... and is still growing... 20% short term.... holding thumbs...

cµrvy 2018-08-02 12:45:09

Tjoppie did you at least lock in some profits on that pump before it dumped?

Tjoppie 2018-08-02 15:28:19

$33

Mee6 2018-08-02 15:28:19

Ditsem! @Tjoppie, you just advanced to level 6!

Tjoppie 2018-08-02 15:28:56

Not much but at least something.

cµrvy 2018-08-02 15:31:42

👍

deavmi 2018-08-03 13:45:03

Bitconnect is bae

cµrvy 2018-08-03 14:36:35

biconeeeeeec

Daniel van Straaten 2018-08-06 19:18:10
cµrvy 2018-08-06 19:36:52

Yeah I don't really agree with Schiff. He says Gold has value but Bitcoin (or any other digital asset) does not because the scarcity is artificial. It doesn't matter that it's artificial. What makes crypto better than gold is that it can be a store of value AND is fungible AND everything else the blockchain (or other DLTs) is useful for. Gold is not fungible at all and has nothing else going for it but being a store of value. He is a good speaker but he's spoken a lot of kak in the past, too, about stocks and forex. The crypto crowd there is just a lame bunch.

cµrvy 2018-08-06 19:44:48

Bitcoin is only the flagship crypto and by no means is it perfect; something better will come along. (Actually is here already but I don't want to start a altcoin shilling war).

cµrvy 2018-08-06 19:44:55

...IMO

cµrvy 2018-08-06 19:48:15

PSchiff is heavily invested in Gold/Silver, btw.

Daniel van Straaten 2018-08-07 12:25:31

Crypto hype is a zeal without knowledge.

Blockchain = baby
Crypto = bathwater Ponzi scheme

Money = scarce physical commodity like gold
Crypto = fake scarce intellectuall thing

cµrvy 2018-08-07 12:51:50

hype is hype regardless of underlying asset.
Bitcoin is terribly flawed but it set in motion an idea that can never be extinguished.

CarlSagan 2018-08-08 05:59:14

Hope people listened to my altcoin warning

Mee6 2018-08-08 05:59:14

Ditsem! @CarlSagan, you just advanced to level 1!

Tjoppie 2018-08-08 06:20:16

Jip just in time...

Klipkop (Clip-Cop) 2018-08-12 18:23:13

Jis crypto Frikkies!

Net nou die dag toe gons internet van die "Triple Bottom".

Is ons nou in 'n "Quadruple Bottom"? 😂

cµrvy 2018-08-12 18:32:22

2de bottom was fake 😂

Klipkop (Clip-Cop) 2018-08-12 20:07:53

@Bird_Goes_Beep

@Daniebees is our local crypto guru.

Bird_Goes_Beep 2018-08-12 20:54:29

Just set up my wallet, still figuring this out. If anyone would like to help me test, send me something 😃 38MJFaQsiXv3Du9G1eJJ11kWuqSBVPcRBM

Hopefully am doing this right, still a complete newbie to this stuff.

Bird_Goes_Beep 2018-08-12 21:02:49

How do people usually get donations via bitcoin by the way? Just link the address or some sort of url link?

cµrvy 2018-08-12 21:05:40

just the address. they can use what ever means they want to make the donation.

Bird_Goes_Beep 2018-08-12 21:23:51

Coolios

Tjoppie 2018-08-15 13:44:07
Tjoppie 2018-08-15 20:38:47
CarlSagan 2018-08-17 08:30:27

We have seen a local bottom on ALTS

CarlSagan 2018-08-17 08:32:05

DCA at these levels wouldn't hurt unless BTC dips below 5k and would set up for generous gains to year end

Tjoppie 2018-08-17 09:52:09

My money is on stellar.. holding long and strong...

Tjoppie 2018-08-17 09:52:55

I will be cashing out when it reaches just above $1.00 end of year...

CarlSagan 2018-08-19 06:43:45

Anybody filed tax returns yet? If so, how did you deal with the crypto gains element?

MR VLAK 2018-08-19 07:06:04

It will likely have to be declared as Capital Gains.But I am not sure

CarlSagan 2018-08-19 07:47:40

Was thinking the same ☝

Mee6 2018-08-19 17:03:02

Ditsem! @kriptomaan, you just advanced to level 1!

cµrvy 2018-08-19 19:19:57

Thanks for that, @kriptomaan.
But somehow I don't feel like giving them shit.
https://www.nytimes.com/2018/06/10/world/africa/south-africa-corruption-taxes.html

CarlSagan 2018-08-19 20:35:41

Feel exactly the same @cµrvy, however, i have a feeling they(SARS) will be engaging Luno and the like for details of their clients in this regard. With the huge national budget deficit these bloodsuckers will be looking to scrape every cent out of us upstanding citizens

kriptomaan 2018-08-20 13:40:04

Yeah I'm already feeling like crying over my tax this year, last years bull run should not benefit the corrupt! Would gladly give the tax to building this country but the corruption is obvious 😩

Mee6 2018-08-20 15:45:19

Ditsem! @CarlSagan, you just advanced to level 2!

CarlSagan 2018-08-20 15:48:29

Expecting some significant BTC volatility in the coming days pending the outcome of ETF decision

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