Crypto lounge thread -
Genghis Khan - 04-21-2018
Anecdotal data:
I've seen 3 of my friends make remarks about blockchain on LinkedIN, specifically mentioning some article that talks about the company they work for.
One guy works for a major healthcare company, and his CEO talked about how blockchain is the next big thing.
Another guy is a partner at a major consulting firm and shared an article about blockchain.
This could be a preliminary indicator of the next hype bubble. People are feeling more positive than they were a month ago when everything was bleeding.
Crypto lounge thread -
Sassy - 04-22-2018
ADX - anyone on it? Thoughts?
Saw it jumped up 30+% today but then dipped back down
Crypto lounge thread -
ksbms - 04-23-2018
Neither BTC nor ETH are the "next big thing" due to blockchain's limitations. If anything, its IOTA technology based on
Directed Acyclic Graph. They've just partnered up with VW and Fujitsu, among others. It's beyond me why IOTA is still so under appreciated. The below talk illustrates precisely why, long term, a bet should be made on that technology.
Crypto lounge thread -
Giacomo Casanova - 04-24-2018
I imagine that this night spike is the definitive sign that means the end of the multi months bear market. Smart money were accumulating on the big dip and are up almost 100% from bottom on numerous alts. Guess it is now time to HODL.
Crypto lounge thread -
Genghis Khan - 04-24-2018
Quote: (04-23-2018 11:31 AM)ksbms Wrote:
Neither BTC nor ETH are the "next big thing" due to blockchain's limitations. If anything, its IOTA technology based on Directed Acyclic Graph. They've just partnered up with VW and Fujitsu, among others. It's beyond me why IOTA is still so under appreciated. The below talk illustrates precisely why, long term, a bet should be made on that technology.
Because it's trash.
Crypto lounge thread -
Giacomo Casanova - 04-24-2018
I was also quite positive about IOTA but I had to change my mind since they kept missing deadlines and still there is not a decent wallet despite the announcements. It is intollerable. Also the bad attitude of developers didn't help. I mean, it is a great project and idea but it is difficult to trust the people running such idea. Additionally, it looks like we have the usual problem that the price fluctuation of the taken could influence and block the adoption. I don't think big business are going to buy IOTA tokens for everyday operations business, they don't want to take a risk of price fluctuation in the order of 100% in 15 days (more or less the increase of IOTA price in the last few days). On a lesser extent this is also a bit a problem of Ethereum dapps. The model with a double taken (one working as a "share" and the other one with a fixed price to be used for "blockchain/operations") seems to be the best for real adoption.
Just as a reminder, there are plenty of crypto companies using IOT + Blockchain which seems to be the best integration for business purposes.
Crypto lounge thread -
Sidney Crosby - 04-24-2018
Wish I had more money to throw at Wanchain, the price has doubled since I bought in.
Crypto lounge thread -
gework - 04-26-2018
Does anyone know any web/desktop (Linux) coin trackers that allow you to set alarms for percentage changes in a coin that they import from exchange accounts and wallets?
I use BitUniverse for mobile that does this. But I prefer to keep it switched off in the day to not get distracted.
Recently I bought into Decentraland, Kyber, Gifto and Golem and they all had big pumps that I would have sold out on, but I only caught one of them near it's peak, Kyber, which I cashed in today.
Crypto lounge thread -
yaku - 04-26-2018
Quote: (04-24-2018 03:39 AM)Giacomo Casanova Wrote:
I was also quite positive about IOTA but I had to change my mind since they kept missing deadlines and still there is not a decent wallet despite the announcements. It is intollerable. Also the bad attitude of developers didn't help. I mean, it is a great project and idea but it is difficult to trust the people running such idea.
Agree. The lack of wallet blows my mind.
Crypto lounge thread -
Giacomo Casanova - 04-28-2018
Do you know if there is a way to short EOS? This evaluation is ridiculous...
Crypto lounge thread -
nola - 04-28-2018
Quote: (04-28-2018 08:04 AM)Giacomo Casanova Wrote:
Do you know if there is a way to short EOS? This evaluation is ridiculous...
Futures on Bitmex
Crypto lounge thread -
gework - 04-28-2018
Quote: (04-28-2018 09:25 AM)nola Wrote:
Quote: (04-28-2018 08:04 AM)Giacomo Casanova Wrote:
Do you know if there is a way to short EOS? This evaluation is ridiculous...
Futures on Bitmex
You can also short in
BitFinex. And right now the rates are close to zero. You borrow EOS, use it to buy dollars or something else, then when EOS goes down, you can buy back EOS cheaper and pay back the EOS loan plus the currently meager interest. If I remember correctly you can borrow 3.3X to start with and then bunk it up to 5X.
Crypto lounge thread -
Sidney Crosby - 05-01-2018
What are your guys thoughts on Achain (ACT), Is it worth a small investment?
Crypto lounge thread -
Genghis Khan - 05-01-2018
https://hold.co/
Debit card that lets you use your crypto as collateral for cash. Not out yet, seems like an interesting application. Similar to DAI for ETH, but more currency agnostic.
Crypto lounge thread -
gework - 05-01-2018
The one day view looks really bad to me. Cashed out 95%. Though I think we could see it pop up to about $12K soon I think we're heading down in general on the year.
Crypto lounge thread -
asdfk - 05-03-2018
Can anybody recommend a good tutorial / course on crypto day trading? I want to have a fundamental understanding of trading and markets.
Crypto lounge thread -
Isaac Jordan - 05-03-2018
Quote: (05-03-2018 05:04 AM)asdfk Wrote:
Can anybody recommend a good tutorial / course on crypto day trading? I want to have a fundamental understanding of trading and markets.
https://www.babypips.com/learn
Crypto lounge thread -
sonoran_ - 05-07-2018
Couple days ago I was mentally and psychologically get sick of all the charting ive been doing, so I just yolo'd for the 1st time a cross margin long on ADA. To give you perspective, I usually do a 2x leverage.
Today I just got liquidated for the 1st time. I lost my entire bitmex account and although it wasnt much in value, it was a sizable amount for me.
The weird part is that I dont feel any emotions to losing this money.
Lesson is: dont trade when emotional.
Crypto lounge thread -
Matt3B - 05-08-2018
The other lesson is: don't gamble when margin trading
An alternative lesson: always use a stop loss
Crypto lounge thread -
rungoodinc - 05-08-2018
Why are people margin trading when all signs point to a bull market...
Crypto lounge thread -
Matt3B - 05-08-2018
You can margin trade long and short?
Crypto lounge thread -
sonoran_ - 05-08-2018
Yea, was just completely reckless of me and it was done out of frustration.
^^ margin can be done long or short
Crypto lounge thread -
redbeard - 05-08-2018
Quote: (05-08-2018 07:31 AM)Matt3B Wrote:
The other lesson is: don't gamble when margin trading
An alternative lesson: always use a stop loss
You bet your sweet ass I'm going 100x long next time we're parabolic.
Crypto lounge thread -
redbeard - 05-08-2018
Quote: (05-01-2018 05:31 PM)Genghis Khan Wrote:
https://hold.co/
Debit card that lets you use your crypto as collateral for cash. Not out yet, seems like an interesting application. Similar to DAI for ETH, but more currency agnostic.
BitPay
Crypto lounge thread -
Kentemo - 05-10-2018
Try to get a feel for shorting/longing BTC first. Don't immediately start with margin trading and leverage if you don't know what to do.
Try to be disciplined too, every trade should be a small percentage of your overall portfolio. When you feel confident you can take on higher positions. BTC isn't going anywhere.