#cryptocurrency (Discord ID: 393499059752796160) in MacGuyver - Skills & Academics, page 4

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2018-02-27 03:18:41 UTC


2018-03-03 03:42:45 UTC

What coin is predicted to gain atm??

2018-03-03 05:05:50 UTC


2018-03-03 13:54:07 UTC

I wonder how long the transaction times would be on those machines

2018-03-03 20:51:26 UTC

@Freiheit - CA thanks lol

2018-03-07 22:34:08 UTC


2018-03-08 00:10:15 UTC

Not a surprise. Crypto has the potential to undermine involuntary taxation. Of course big government has to try to control it.

2018-03-08 00:13:24 UTC

Glad I stuffed all my BTC into XMR on Monday. Looks like that will be the best damage control and defense against bureaucrats.

2018-03-08 03:48:35 UTC

I hate how the SEC knows 100% of what I’m trading, but I don’t know how I should properly file the tax return. You already know, why do I have to do the paperwork?

2018-03-08 03:51:54 UTC

@Justice - WI why xmr? I'm out of the loop. Guys I have litecoin and that's it right now, what do you think?

2018-03-08 03:52:40 UTC

I hate seeing it go down but I thought it was predicted to sail this year, I suppose all in all it is going up still though

2018-03-08 03:53:52 UTC


2018-03-08 05:22:22 UTC

@Volkmom XMR was gaining on BTC for a while. The more governments try to mess with crypto, the more untraceable currencies like XMR will prevail.

2018-03-08 05:22:54 UTC

Plus my mining rig does better on cryptonight algorithms.

2018-03-08 05:26:21 UTC

I recommend you put a little on Binance and learn candlestick charts. You can gain a lot just by watching.

2018-03-08 05:30:21 UTC

Any recommendations on how to get into Monero (how to acquire, store, etc.)?

2018-03-08 05:36:08 UTC

@Justice - WI Are candle stick charts useful at all for holding?

2018-03-08 05:39:02 UTC

@Jacob You can try to cut your losses by playing around with alt coins at the very least.

2018-03-08 05:39:22 UTC

oh I'm only in alts

2018-03-08 05:39:32 UTC

🅱itcoin gonna die

2018-03-08 05:39:52 UTC

@Argument of Perigee Take your ETH, or BTC and put it on Binance and trade for some. It's really easy.

2018-03-08 05:41:08 UTC

Thank you @Justice - WI

2018-03-08 05:41:12 UTC

What about storage?

2018-03-08 05:42:13 UTC

@Argument of Perigee It's not recommend to store on an exchange but I haven't heard of Binance having any problems.

2018-03-08 05:42:37 UTC

Unlike other exchanges, the app is really streamlined.

2018-03-08 05:47:04 UTC

Just use the official Monero wallet?

2018-03-08 05:47:57 UTC

Ledger Nano S doesn't support XMR.

2018-03-08 05:57:17 UTC

The official full node one takes an extremely long time to sync the first on a PC. Like 2 days​. But very secure.

2018-03-08 15:02:50 UTC
2018-03-08 15:03:29 UTC

I'm interested in holding, but I don't mind being able to take some gains out here and there to help pay bills, as strange as they may sound.

2018-03-08 15:04:32 UTC

So maybe keeping some $ in something that's likely going to gain longer term and also using some to trade for quick gains is what I'm looking for

2018-03-08 15:06:39 UTC

Alt coins with the exception of successful ones like Monero probably aren't your thing then.

2018-03-08 15:07:10 UTC

I don't think BTC or ETH are going anywhere any time soon.

2018-03-08 15:08:33 UTC

Well for a while there LTC was doing both for me

2018-03-08 15:09:38 UTC

Idk I still have a lot to learn

2018-03-08 15:29:15 UTC

You could do a little trading between the main ones on places like coinbase. They're all pretty stable. To do alt coins trading (pump and dump) there's a lot of babysitting involved.

2018-03-08 16:03:15 UTC

@Argument of Perigee another option to get XMR is to use shapeshift.io

2018-03-08 16:07:27 UTC

Thanks @ThisIsChris I'll check it out.

2018-03-08 17:39:47 UTC

XMR is losing bad against BTC right now. But it has always fluctuated between 190 and high 300's. Really all I'm doing is trading between XMR and BTC as all cryptos are in a slump.

2018-03-11 08:13:58 UTC

Hey goys, I'm new to crypto and looking to set up a BTC wallet. Any of you use Coinbase? If not, what do you recommend?

2018-03-11 15:55:18 UTC

@NuclearReactionary yeah I think CoinBase is the way to go, and then you get an attached GDAX account which is where most investment-style trading occurs (GDAX is run by Coinbase)

2018-03-11 16:48:02 UTC

Ok, @ThisIsChris , thanks. I was a little confused when I read the pinned posts: “Do not trust any online wallet service”

2018-03-11 16:48:38 UTC

But Coinbase looks pretty trustworthy and powerful

2018-03-12 02:24:49 UTC

Coinbase is the only one I trust and recommend to new people. And like Chris said, GDAX is for the next level, also trustworthy.

2018-03-12 02:56:32 UTC

If we're talking large positions of cryptos (thousands of Dollars), you will probably want to look into a hardware wallet like Ledger Nano S or TREZOR.

2018-03-12 19:36:18 UTC

Thanks! I’ll go with Coinbase then!

2018-03-13 01:13:45 UTC

There are a few BTC ATMs in San Jose. Also there is a website called localbitcoins.com that you can connect with buyers and sellers in person through.

2018-03-13 01:14:19 UTC

You can make a paper wallet too.

2018-03-14 23:13:42 UTC

Whatever you do, don't send crypto to any person or website in the alt right directly from Coinbase. People are being banned for sending crypto to people like Chris Cantwell or Andrew Anglin.

2018-03-15 00:53:50 UTC

Coinbase will ban you for buying kleenex. Always transfer to private wallet first before spending.

2018-03-30 14:42:06 UTC

It’s either time to cry or time to buy.

2018-03-30 14:42:08 UTC


2018-03-30 15:09:15 UTC

oh shit

2018-03-30 15:09:18 UTC

thank God I sold

2018-03-30 15:09:28 UTC

I still have a lot of other stuff that dropped too though lol

2018-03-30 15:49:18 UTC

Where is the major demand for cryptocurrencies coming from these days?

2018-03-31 01:53:20 UTC


2018-03-31 02:01:45 UTC

@Deleted User solid technical analysis, I'm all in

2018-03-31 11:44:06 UTC

^ Just increased my positions 300% because of this chart.

2018-04-04 23:24:43 UTC

move over JNUG

2018-04-07 03:31:16 UTC

So is crypto fucked?

2018-04-07 04:28:03 UTC

@Jacob for the near term... My absolute guess is yes. Though I heard there are some Bitcoin ETFs coming out, which may help a little. Kinda like how Bitcoin Futures basically built up the last bubble.

2018-04-08 23:08:04 UTC

@here is everyone using FIFO for their taxes on cryptocurrency gains/losses?

2018-04-08 23:09:43 UTC

I still have to figure that out.

2018-04-08 23:10:04 UTC

I put money in but I didn’t really take any out

2018-04-08 23:45:29 UTC

I don't know much about bitcoin and cryptocurencies, but I do know that if you are going to use them to make the down payment on a house, when taking out a mortgage, then you need to wait a few months for your money to season after you converted your BTC into USD and deposited into a bank account, otherwise your lender might not approve the redeemed BTC as a qualifying asset.

2018-04-09 17:38:33 UTC

What are the Jews up to now

2018-04-09 22:59:47 UTC

This means we should buy, right?

2018-04-10 00:01:36 UTC

@Jacob all other things equal, I guess so

2018-04-10 00:31:57 UTC

@ThisIsChris Use whatever is most favorable. LIFO can be good.

2018-04-10 00:33:01 UTC

lol no way I'm actually paying taxes on crypto

2018-04-10 00:40:18 UTC

@Jacob how did you buy them?

2018-04-10 00:46:24 UTC

Originally Coinbase, then Binance

2018-04-10 00:54:21 UTC

They're definitely going to know about the coinbase stuff, maybe not the binance stuff. But coinbase will have a record of you purchasing the bitcoin and sending it somewhere.

2018-04-15 17:19:15 UTC


2018-04-15 17:24:20 UTC


2018-04-15 17:54:03 UTC

@NuclearReactionary that's interesting. Cryptocurrencies were literally the only market open for traders who wanted to react to the Syria bombing.

2018-04-15 18:50:30 UTC

I cannot tell if you are being serious @ThisIsChris

2018-04-15 18:50:51 UTC

I simply don’t know enough about this stuff

2018-04-16 23:02:39 UTC

BCH up 20% in a week, I wasn’t done buying!

2018-04-16 23:02:42 UTC


2018-04-17 00:55:00 UTC

My holds doubled the past several days.

2018-04-17 00:55:24 UTC

Pretty crazy

2018-04-17 09:16:04 UTC

I'm still avoiding looking at prices

2018-04-17 12:06:20 UTC

Wise, I should have listened to that advise. I made a few day trading mistakes I really shouldn't have made.

2018-04-17 16:14:02 UTC

@TheVar - SC happens to most of us, best thing is to analyze carefully what you did wrong so you don't do it again in the future

2018-04-17 16:16:27 UTC

@NuclearReactionary Yeah I am serious. When a major event happens a lot of people go to the markets to trade on the new information. They may trade stocks, oil, gold, currency, it all depends what happened. But just about every market in the world is closed from 5pm EDT Friday (When the US Futures Market closes) until 5pm EDT Sunday (When the Sydney Stock exchange opens). The only thing that is available to trade over the weekend is cryptocurrency (since it doesn't actually require any coordinated exchanges to be "open" so to speak).

2018-04-23 01:03:14 UTC

Stop, I haven’t finished buying to my target coin count yet:

2018-04-23 01:03:17 UTC


2018-04-23 21:02:05 UTC

82% in a week!

2018-04-23 21:02:07 UTC


2018-04-23 22:48:21 UTC


2018-04-23 22:48:27 UTC

it about to crash or what? haha

2018-04-23 23:08:57 UTC

Already did

2018-04-24 03:32:25 UTC

I keep hearing that May will be a big month for BTC

2018-04-24 03:54:49 UTC

I kept hearing that March would be a big month

2018-04-24 03:54:55 UTC

Best not to get too excited about anything

2018-04-24 03:57:18 UTC


2018-04-24 13:17:45 UTC

97% in one week, c’mon

2018-04-24 13:17:48 UTC


2018-04-24 13:21:16 UTC

I know I’m so pissed!! I was considering buying 3 when BTC was at $600, I bought more Etherium instead at $400.

2018-04-24 17:37:21 UTC

Good buys regardless

2018-05-02 12:52:42 UTC


2018-05-05 02:22:12 UTC

If you're into Bitcoin Cash, I respect that, but, this is worrying...

2018-05-06 00:40:11 UTC

Satoshi said,
“It would be nice to keep the blk*.dat files small as long as we can. The eventual solution will be to not care how big it gets. But for now, while it’s still small, it’s nice to keep it small so new users can get going faster. When I eventually implement client-only mode, that won’t matter much anymore.”
“Whatever size micropayments you need will eventually be practical. I think in 5 or 10 years, the bandwidth and storage will seem trivial.”

2018-05-06 00:42:12 UTC

The 1 MB block size restriction was supposed to be temporary from the beginning, it was never meant to be permanent.

2018-05-06 00:44:41 UTC

I think the issue is more about intentionally creating confusion

2018-05-07 19:38:56 UTC

666, the devil brings good profits

2018-05-07 19:38:59 UTC


2018-05-10 20:25:32 UTC

Do you think we have enough people invested into the market to fluctuate prices in our favor? For example, we get 1000 people to purchase 2 Etherium at once to jack up the price, then we sell. I know we don’t have 1000 people that can do that at the moment, but hypothetically, as we grow do you think that would be a viable plan to manipulate the market in our favor?

2018-05-10 20:39:54 UTC

Not sure on legality of doing such things sooo be careful

2018-05-10 21:06:13 UTC

It's hard enough to get a few IE members to upvote a Reddit thread

2018-05-10 21:08:20 UTC

usually there's no prospect of making money in upvoting either though

2018-05-10 21:11:29 UTC

Sure, but it's .5 seconds of work to benefit the movement

2018-05-10 21:18:03 UTC

hey, I upvote the stuff, I'm just saying some incentives can feel more distant than others and need more convincing 😅

2018-05-11 00:55:13 UTC

Yeah, I think there’s much more incentive in pumping and dumping markets collectively. Also, I wouldn’t doubt if other groups are doing it to benefit themselves.

2018-05-11 00:56:19 UTC

Which is why we see days like today in the crypto markets.

2018-05-11 02:35:08 UTC

There's more incentive, but more work

2018-05-13 04:46:24 UTC

Does anyone know about Ice Rock ICO? It seems like a reliable passive income for a small investment.

2018-06-06 21:41:08 UTC


2018-06-10 16:03:03 UTC

BTC proponents continue to censor BCH.

2018-06-11 19:24:14 UTC

BTC creeping over 9k again

2018-06-12 14:27:56 UTC

I recommend iPhone users looking for a crypto wallet app (for storage and sending, not necessarily for buying and selling) to use BreadWallet. https://itunes.apple.com/us/app/brd-bitcoin-wallet/id885251393

2018-06-12 14:58:05 UTC

@Tanner - SC why's that?

2018-06-12 15:32:35 UTC

It’s been around since the early days of BTC, has had zero issues concerning trustworthiness, supports multiple cryptos, and is easy to use.

2018-06-15 03:52:35 UTC

Bread is cool, I used luxxstack

2018-06-20 05:34:06 UTC


2018-07-06 13:59:54 UTC


2018-07-06 19:06:51 UTC

I just kinda put my crypto away and forgot about it. I rarely check it. Hopefully it shoots up eventually.

2018-07-13 22:09:06 UTC

How are you all feeling, lately?

2018-07-13 22:09:07 UTC


2018-07-14 00:26:03 UTC

I feel like it'll never go back up

2018-07-14 00:26:14 UTC

Logically, it probably will

2018-07-14 00:26:25 UTC

But I don't feel like that

2018-07-14 01:34:32 UTC

I bought BCH twice today. I’m stoked to see prices that begin with “6” again.

2018-07-14 01:34:49 UTC

Everybody is depressed about crypto, I hope it stays that way for another year.

2018-07-16 23:04:57 UTC

Google now shows BCH price:

2018-07-16 23:04:59 UTC


2018-07-17 17:30:28 UTC

I’m not done buying yet, go back down!

2018-07-17 20:42:48 UTC


2018-07-17 20:43:59 UTC

@Jacob did you pray for crypto price increase or something? You’re praying too hard, I’m trying to buy while it’s cheap!

2018-07-17 20:44:19 UTC


2018-07-17 20:44:34 UTC

I want an increase, but...

2018-07-17 20:44:52 UTC

at the same time, might be nice to get a few paychecks first

2018-07-18 05:34:46 UTC

halp, whats up with Litecoin?? I've been sitting patiently on my LTC, what to do??

2018-07-18 05:38:17 UTC

well uhh the founder sold his a long time ago

2018-07-18 05:38:25 UTC

I don't trust it

2018-07-18 05:40:38 UTC


2018-07-18 13:09:29 UTC

Is there another alt coin you'd recommend right now?

2018-07-18 14:26:03 UTC

I believe BCH is the only coin worthwhile.

2018-07-18 19:54:33 UTC


2018-07-18 20:17:00 UTC

I'm kinda scared to make recommendation, but I will say this

2018-07-18 20:17:41 UTC

There are people with many different points of views. A large contingent hates BCH, some like it. You should listen to both.

2018-07-19 15:48:55 UTC

If Tanner is wrong about BCH

2018-07-19 15:49:10 UTC

I will be a very sad.

2018-07-19 19:36:59 UTC

Don't blindly trust him

2018-07-19 19:37:15 UTC

This is not about him personally

2018-07-19 19:37:26 UTC

Don't blindly trust me either

2018-07-19 19:37:42 UTC

You can find someone willing to shill you any coin

2018-07-19 20:58:09 UTC

I converted 100% of my BTC to BCH when the fork happened (August 2017) and I have not sold one. I am very much convinced that BCH is the future.

2018-07-19 20:58:36 UTC

Search this channel for “BCH” to see my previous arguments in favor of it.

2018-07-19 20:59:33 UTC

I started reading about BTC in 2011 and purchased in 2012.

2018-07-19 23:04:29 UTC

If you use my Coinbase referral link and spend $100 we both get $10

2018-07-19 23:14:08 UTC

@Jacob smart!

2018-07-20 22:25:21 UTC

I have a pretty even split between Etherum and BCH. Happy with it.

2018-07-27 06:14:41 UTC

Last time Bitcuck was that cheap I said...naw...time to buy big

2018-07-31 23:27:12 UTC

Wednesday marks the 1-year anniversary of the BCH fork 😃

2018-08-05 01:50:15 UTC

The lead bitcoin programmer takes a stand:

2018-08-05 12:50:42 UTC


2018-08-05 12:51:49 UTC

From what I remember he has/had a huge role in the Bitcoin Foundation. Do they have an official position on BTC vs BCC?

2018-08-05 23:31:54 UTC

I haven't looked.

2018-08-06 23:04:53 UTC

Stephen Molyneux predicted the Blockstream takeover of Bitcoin in 2014. He was right.

2018-08-06 23:25:44 UTC

@Tanner - SC wow no kidding

2018-08-06 23:29:40 UTC

Wish I watched him then 😅

2018-08-09 16:18:02 UTC


2018-08-14 18:53:47 UTC


2018-08-15 23:22:52 UTC

>when normies think I'm on suicide watch cause crypto crashed but I'm actually buying even more

2018-08-15 23:22:55 UTC


2018-08-22 15:58:51 UTC

I just switched my bank from an online-only to BB&T (16th largest in the country) and wow, it is an improvement.
* Registering with Coinbase was instant because a bank this large has working relationships with everyone. No need to wait 5 business days for 2 verification deposits of five cents.
* The crypto purchase was available in my account instantly, again due to the close working relationships. I used to have to wait 7-8 days for the ACH to clear before I had control of my crypto.
* This bank is compatible with Zelle, making payments to Identity Evropa much easier.

2018-08-23 23:49:32 UTC

Stefan Molyneux's video from 2014 that predicts Blockstream takeover of Bitcoin, is set to private by YouTube and locked.

2018-08-24 00:34:52 UTC

wow that's nuts

2018-09-01 19:28:34 UTC

BCH stress test is today! It's intentionally sending thousands of transactions to prove that large block sizes work and that the network can scale.

2018-09-01 19:30:00 UTC

Thus far today, we have proven that the BCH network can support 15x the number of transactions per second as the BTC network.

2018-09-02 16:59:02 UTC

21x achieved!

2018-09-03 00:06:40 UTC

This is big

2018-09-27 12:34:58 UTC

26% in one day is insane. I wasn’t done buying.

2018-09-27 12:35:01 UTC


2018-09-27 17:40:23 UTC

@ThisIsChris What do you think of taking advantage of pump and dump groups? I don't mean using them as intenteded, I mean figuring out the pattern that they cause.

2018-09-27 17:41:03 UTC

For example, wait for the dump, and buy during or after the dump for cheap coins

2018-09-27 17:41:13 UTC

Or sell during the pump

2018-09-27 17:53:03 UTC

@Jacob That's not a bad idea, a guy named Timothy Sykes does this kind of thing with Penny Stocks which is almost the same thing, check it out: https://www.timothysykes.com/penny-stocking-101-how-to-get-started-with-penny-stocks-chapter-9/

2018-09-27 19:03:54 UTC

Do not pump and dump. Do not buy penny stocks. Do not invest in things you do not understand. Do not gamble.

2018-09-27 19:07:55 UTC

penny stocks are risky af

2018-09-27 19:09:45 UTC

I'm not pumping and dumping

2018-09-27 19:09:52 UTC

I would be doing the opposite

2018-09-27 19:10:01 UTC

Taking advantage of the group

2018-09-27 19:11:54 UTC

Don’t be so sure of your ability to know the timing of the up and the down.

2018-09-27 19:14:03 UTC

“A fool and his money are soon parted.”

2018-09-27 19:15:44 UTC

Being able to predict the moment some huge buyer sells seems very difficult.

2018-09-27 19:17:03 UTC

Well, ya

2018-09-27 19:17:21 UTC

I'm not just gonna throw my life savings into it after 5 minutes of research

2018-09-27 19:19:22 UTC

No, no, I get you, just saying though.

2018-09-27 20:33:33 UTC

Fair enough

2018-09-27 20:35:45 UTC

do you trade or just do crypto?

2018-09-27 22:16:08 UTC

so far I've just been buying and holding

2018-10-03 22:05:48 UTC

so uh when is this shit gonna got to the moon?

2018-10-04 00:16:01 UTC

I thought you were the guy that knew when the bottom happens and the top.

2018-10-05 20:30:56 UTC

Does this mean anything?

2018-10-05 20:56:55 UTC

I mean, it sounds like people see a promising future in crypto I guess

2018-10-05 21:15:41 UTC

I thought they were sinking it, in part because of our movement. I don’t know if Yale is a good barometer, though.

2018-10-05 21:18:36 UTC

from what I understand it's getting adopted everywhere, but I don't follow it that closely

2018-10-05 21:18:53 UTC

best ask someone more cryptosavvy

2018-10-10 16:50:20 UTC
2018-10-10 16:50:53 UTC

^Using blockchain to fund startups

2018-10-16 14:52:36 UTC


2018-10-16 14:55:10 UTC

One somewhat concerning thing though: whenever I see in the news a major institution getting into blockchain technology, they don't go on to say they are actually getting into Bitcoin or any of the other cryptocurrencies that are already out there. Instead they are looking to use the ideas of blockchain technology but not neccessarily any particular implementation out there. That makes holding any particular cryptocurrency a risky(-er) proposition.

2018-10-16 18:28:39 UTC

@ThisIsChris this article doesn’t talk about blockchain, it talks about the crypto currencies themselves.

That said, companies that talk about getting into blockchain often don’t understand the purpose of a blockchain and nothing ever comes of the project. Currency is one of very few applications where a blockchain is worthwhile.

2018-10-16 18:29:40 UTC

Holding a particular crypto is the only sensible move, IMO.

2018-10-16 18:29:55 UTC

@Tanner - SC nice! I missed that part, I skipped to the Fidelity Labs thing

2018-10-16 18:30:51 UTC

Just because some people with money are throwing it at blockchain projects does not mean they will usurp the top crypto currencies. That’s placing far too much faith in figures of authority and far too little in the invention of bitcoin itself.

2018-11-02 16:37:09 UTC

Explaining the BCH hard fork:

• “Bitcoin Unlimited” software developers are releasing a fix for the most **pressing** bottleneck in BCH’s transaction capacity

• “Bitcoin ABC” software developers are releasing a fix for the most **complex** bottleneck in BCH’s transaction capacity. One that won’t be experienced for more than a year from now. Doing it now because later on that will be near impossible.


2018-11-02 18:00:15 UTC

@Tanner - SC it seems straightforward to fork a blockchain, but is there any way to merge them?

2018-11-02 19:21:53 UTC

@ThisIsChris No, hard forks are permanent. Once hard forked, different accounts have different balances of currency in them.

2018-11-06 17:10:44 UTC


2018-11-07 15:32:32 UTC

From reddit <https://reddit.com/r/btc/comments/9uo4ti/above_600_now/>:
> I'm afraid it's a pump and dump spike based on the fact that there may be a hard fork. The BTC/BCH fork in August 2017 has given a lot of investors the hope that that may happen again.

During the BTC/BCH fork, users who held BTC received essentially “free” BCH that they could sell and therefore end up with *more* BTC.

2018-11-10 19:49:45 UTC

Just got caught up on some of the discussions here. Nice to see some fellow BCH people @Tanner - SC

2018-11-15 00:25:40 UTC


2018-11-15 00:37:58 UTC


2018-11-15 00:39:38 UTC


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