Cryptocurrency |OT2| Money's New ERA Shoots for the Moon! | Read OP for Thread Rules

ZmillA

Member
Oct 27, 2017
673
dumped some coins I shouldn't have bought in the first place, *cough* MTV *cough* good bit of profit of em. Gonna hold onto the ones with good fundamentals
 

TheLostBigBoss

The Fallen
Oct 26, 2017
8,910
Time to revisit one of my major calls here. So the breakout happened on April 2 as predicted, but then lingered while BTC moved up. ETH now hitting the area from this post I projected on March 19, when ETH was in the 130's. ETHUSD is $240 as I am writing this. So I got the timing slightly off, but the rest was pretty good. As for what happens now, it's hard to predict how high it will get with all the irrationally bullish sentiment and fomo. Based on the chart, there should be a scary retrace at some point, but overall I don't think ETH is topped out yet. ETH has quite a history in the 350-400 range so tapping that is a possibility at this point.
Quoting for relevance
 

Fallout-NL

Member
Oct 30, 2017
2,061
I have succesfully pulled my funds from Binance. I debated selling everything now and getting out completely, but even with the recent gains that would still be a net loss for me of about 30%. So, my stack's in a hw wallet now and I'm betting on eth to come back a little stronger yet.
 

Easy Rider

Member
Nov 2, 2017
867
I have succesfully pulled my funds from Binance. I debated selling everything now and getting out completely, but even with the recent gains that would still be a net loss for me of about 30%. So, my stack's in a hw wallet now and I'm betting on eth to come back a little stronger yet.
Leave it in the hw wallet and check back in 5 years. Getting out now when you already have skin in the game is crazy, just wait it out.
 

artsi

Member
Oct 26, 2017
543
Finland
I have succesfully pulled my funds from Binance. I debated selling everything now and getting out completely, but even with the recent gains that would still be a net loss for me of about 30%. So, my stack's in a hw wallet now and I'm betting on eth to come back a little stronger yet.
Personally I have no doubt we will see ATH's again some day, I think you will be fine.
 

TheLostBigBoss

The Fallen
Oct 26, 2017
8,910
I have succesfully pulled my funds from Binance. I debated selling everything now and getting out completely, but even with the recent gains that would still be a net loss for me of about 30%. So, my stack's in a hw wallet now and I'm betting on eth to come back a little stronger yet.
Getting out with a loss isn't a bad thing if you're not interested in this stuff anymore, you're not the only one who has been looking for exit points on this latest move up.
 

Vex

Member
Oct 25, 2017
4,706
I'm long on ETH as always anyways. It is money I do not need right now and Im still positive because I bought in so low.. Im just in it for the wild ride!

Remember: no one ever got a lambo without taking risks first. lol
 

Fallout-NL

Member
Oct 30, 2017
2,061
Yeah. It's money I don't need right now. So I'm fine to let it sit for longer. Does feel good to have it off the exchange though. That shit with Binance last week gave me a bit of a scare I admit.
 

Vex

Member
Oct 25, 2017
4,706
Yeah. It's money I don't need right now. So I'm fine to let it sit for longer. Does feel good to have it off the exchange though. That shit with Binance last week gave me a bit of a scare I admit.
Oh absolutely. "If it's not in your wallet/off the exchange, it's not yours." So many exchanges have closed down or have been hacked over the last two years. It's dangerous out there.

anyone remember coinsmarkets? Yeesh.
 

Sunbro83

Member
Oct 27, 2017
408
Was safe when Cryptopia went down as I had all my ADC in a wallet. All $0.75 of it haha

Still have about 3000 VET on Binance. Should I be pulling that into a wallet or is it so small that it’s not worth the transaction fees? If a wallet, which one do people recommend?
 

Easy Rider

Member
Nov 2, 2017
867
Was safe when Cryptopia went down as I had all my ADC in a wallet. All $0.75 of it haha

Still have about 3000 VET on Binance. Should I be pulling that into a wallet or is it so small that it’s not worth the transaction fees? If a wallet, which one do people recommend?
There's an official mobile wallet, I'd use that one. If you are not planning to trade these 3000 VET, putting them on the mobile wallet is a no brainer.
 

Donos

Member
Nov 15, 2017
2,684
Was safe when Cryptopia went down as I had all my ADC in a wallet. All $0.75 of it haha

Still have about 3000 VET on Binance. Should I be pulling that into a wallet or is it so small that it’s not worth the transaction fees? If a wallet, which one do people recommend?
100 VET are the fees. Your VET may be worth only two dozen dollars today but you don't know how much that is in two years. See bitgrail and Raiblocks for an example of a coin taking really off and then ppl could not withdraw them anymore till they got fucked completely.
 

Sunbro83

Member
Oct 27, 2017
408
100 VET are the fees. Your VET may be worth only two dozen dollars today but you don't know how much that is in two years. See bitgrail and Raiblocks for an example of a coin taking really off and then ppl could not withdraw them anymore till they got fucked completely.
Thanks. Is the official iOS Vechain wallet ok?

Edit: just saw the response above. I’ll grab that
 

Crashnburn85

Member
Oct 25, 2017
277
California
Are there any recommended mobile wallets? Been out of the loop for awhile. I know Enjin Wallet I floated around before but I think there was concern it wasn't open source.
 

Donos

Member
Nov 15, 2017
2,684
Back then Coinsmarkets.com and tradesatoshi were the only two (sketchy looking) exchanges trading COLX and some other obscure coins. Coinsmarkets... you probably know the story. Tradesatoshi? Well, not much different it seems:
It has come to our attention that the ColossusXT coins held by Tradesatoshi Exchange have been traded into the market through CryptoBridge Exchange.
This incident has not only affected the ColossusXT community, but a number of other coins that were trading on the exchange.
https://medium.com/@colossusxt/tradesatoshi-the-colossusxt-markets-dc14de42f9ea
WhoopsieDaisy.gif
 

Vex

Member
Oct 25, 2017
4,706
So apparently it has been confirmed that Craig Wright is the original creator of Bitcoin? He is the man behind the name Satoshi Nakamoto.
 

TheLostBigBoss

The Fallen
Oct 26, 2017
8,910
So apparently it has been confirmed that Craig Wright is the original creator of Bitcoin? He is the man behind the name Satoshi Nakamoto.
Uhhh, no. He's just registering copy right documents claiming to be Satoshi.

It's pretty obvious he's not actually the creator of BTC, he just wants to try and kill it so his own fork will pump
 

TheLostBigBoss

The Fallen
Oct 26, 2017
8,910
Tether confirmed to be a house of cards.

https://bennettftomlin.com/2019/05/21/key-excerpts-and-commentary-from-nyag-tether-court-transcript/


Key takeaways
  1. Tether/Bitfinex isn't handing over documents and will appeal and fight every step of the way
  2. Tether bought BTC. This means they printed Tether and bought BTC, and claimed the BTC bought by Tether was backed with real money. The 1:1 Tether:USD ratio likely never existed
  3. Tether admits to operating as a fractional reserve. They don't have the money to back up any type of major withdrawal run, they openly admit to this.
  4. Largest redemption of Tether they have on record is ~25 Million. The Omni blockchain directly refutes this claim.
 

Vex

Member
Oct 25, 2017
4,706
Tether confirmed to be a house of cards.

https://bennettftomlin.com/2019/05/21/key-excerpts-and-commentary-from-nyag-tether-court-transcript/


Key takeaways
  1. Tether/Bitfinex isn't handing over documents and will appeal and fight every step of the way
  2. Tether bought BTC. This means they printed Tether and bought BTC, and claimed the BTC bought by Tether was backed with real money. The 1:1 Tether:USD ratio likely never existed
  3. Tether admits to operating as a fractional reserve. They don't have the money to back up any type of major withdrawal run, they openly admit to this.
  4. Largest redemption of Tether they have on record is ~25 Million. The Omni blockchain directly refutes this claim.
So they are basically everything we thought they were back in 2017. Lol
 

Isamu

Member
Dec 18, 2017
411
Downtown Rave City
Hi guys. Can you recommend a good reliable offline desktop crypto wallet? What is generally considered the top of the line these days? Or should I go the hardware wallet route and say fuck it and get a Ledger Nano X? Will be storing multiple coins but mainly for BTC.
 

Pandora012

Avenger
Oct 25, 2017
2,531
Hey people, I'm the current admin for the CryptoEra discord. If you would like to join up, just shoot me a pm, or quote me here.