wow that's nuts

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.
https://old.reddit.com/r/btc/comments/9c53rz/bitcoin_cash_stress_test_megathread/

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

21x achieved!

This is big

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

https://coingape.com/bitcoin-cash-as-bitmain-goes-public/

@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.

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

Or sell during the pump

@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/

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

penny stocks are risky af

I'm not pumping and dumping

I would be doing the opposite

Taking advantage of the group

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

“A fool and his money are soon parted.”

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

Well, ya

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

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

Fair enough

do you trade or just do crypto?

so far I've just been buying and holding

https://blockmanity.com/news/coinbase-valued-8-billion-charles-schwab-board-member-joins-coinbases-board/

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

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

Yale University Invests In $400 Million Crypto Fund http://feedproxy.google.com/~r/zerohedge/feed/~3/CHSz5EnNPl4/yale-university-invests-400-million-crypto-fund

Does this mean anything?

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

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

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

best ask someone more cryptosavvy

https://hack.hf.cx

^Using blockchain to fund startups

https://tokenmarket.net/blockchain/ethereum/assets/the-hack-fund

https://www.globalcryptopress.com/2018/10/fidelity-investments-1-holder-of-401k.html

Nice

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.