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Forum » MISC Crypto Crew (MCC) Vol.4: Bitcoin Wars Episode IV: Revenge of the Core
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Thread: MISC Crypto Crew (MCC) Vol.4: Bitcoin Wars Episode IV: Revenge of the Core

post 1536855281 12-07-2017, 06:21 PM
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#8551
  1. wickedman
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Originally Posted By Alamander79⏩
So the next two weeks will really at least double it by the end of year???
Could see a universe where it hit 700 by the end of the year, if it was like a prediction he made a month ago or something and just had 1400 in the range. I don't think it's doing either but meh.
#FreeCryptoBandit
post 1536855621 12-07-2017, 06:25 PM
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#8552
  1. JesusGreen
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What are your predictions for the end of 2018?

I'm taking a rather conservative estimate at $33,000. This is based on BTC reaching almost 1/10th of the market cap of Gold by then. It could also go exponential and reach 6 digits, and I think that's a very real possibility, but I like to keep my estimates on the conservative side so that when BTC outdoes itself (like it always does) I have more to celebrate.

Also, I'm headed to bed now. Whenever I go to bed we always see the biggest price jumps.. inb4 I wake up tomorrow and it's already $18K.
post 1536855651 12-07-2017, 06:26 PM
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#8553
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Originally Posted By lukeaye⏩
wtf just happened to ripple?

I just doubled my money
should i get in?
post 1536855901 12-07-2017, 06:28 PM
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#8554
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Originally Posted By ImUTI⏩
should i get in?
Probably yeah in the short term, long term don't know.

They are stabilizing the price, making sure that it continues to have value. They just removed 55 Billion of supply which is a great thing.

I'm still kind of uncertain at to this investment value of ripple though. I can't see them having an interest in the price of ripple going up 100x%. They are really just trying to create stability and certainty, much like a fiat currency. So I wouldn't expect to 100x on ripple now.
post 1536856121 12-07-2017, 06:31 PM
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#8555
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Originally Posted By lukeaye⏩
Probably yeah in the short term, long term don't know.

They are stabilizing the price, making sure that it continues to have value. They just removed 55 Billion of supply which is a great thing.

I'm still kind of uncertain at to this investment value of ripple though. I can't see them having an interest in the price of ripple going up 100x%. They are really just trying to create stability and certainty, much like a fiat currency. So I wouldn't expect to 100x on ripple now.
I think IOTA's meteoric rise ousting them from the number 4 marketcap spot also has them a bit shook.

They're pretty much neck and neck now on terms of market cap after announcement, I think Ripple might overtake IOTA tonight if it continues to bottom like it's doing now or if BTC Chad pulls his big d*ck out again.

IOTA will regain it's position somewhere in the future if this happens though.
*Misc Surgeon*--*Admin neg survivor*

Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
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post 1536856431 12-07-2017, 06:35 PM
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#8556
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Originally Posted By FatalTragedy12⏩
I think IOTA's meteoric rise ousting them from the number 4 marketcap spot also has them a bit shook.

They're pretty much neck and neck now on terms of market cap after announcement, I think Ripple might overtake IOTA tonight if it continues to bottomfeed like it's doing now and IOTA will regain it's position somewhere in the future.
It's an interesting argument, are they both trying to achieve the same thing? Ripple I can see being used by Insto, governments and banks given it's public node system. Ripple is also far more efficient to use, faster, cheaper than BTC and others in the category. Iota could potentially have the same functionality, but then again I don't think Iota even needs to really be a monetary currency to be successful. It could act as a data collection network. I think they can co-exist. Will be interesting to see how it plays out.
post 1536856781 12-07-2017, 06:39 PM
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Just put a $1,000 into each BTC/ETH/LTC

once my btc comes in on coinbase how do i transfer it to a hardware ledger?
post 1536856821 12-07-2017, 06:39 PM
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#8558
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Alt hodlers what are you guys doing now? Weathering the storm or FOMO'ing?
Death is impossible for us to fathom: it is so immense, so frightening, that we will do almost anything to avoid thinking about it. Society is organized to make death invisible, to keep it several steps removed. That distance may seem necessary for our comfort, but it comes with a terrible price: the illusion of limitless time, and a consequent lack of seriousness about daily life. We are running away from the one reality that faces us all.
post 1536856861 12-07-2017, 06:40 PM
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#8559
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Originally Posted By lukeaye⏩
It's an interesting argument, are they both trying to achieve the same thing? Ripple I can see being used by Insto, governments and banks given it's public node system. Ripple is also far more efficient to use, faster, cheaper etc. Iota could potentially have the same functionality, but then again I don't think Iota even needs to really be a monetary currency to be successful. It could act as a data collection network. I think they can co-exist. Will be interesting to see how it plays out.
I believe they can definitely co-exist. I also get the feeling they wouldn't be bed mates though and it'd be a BTC/ETH-ish relationship where there's one big winner. What makes you believe IOTA isn't as efficient or slower to use than Ripple out of interest? IOTA claims to have a 500 TPS (in comparison, LTC is 50 TPS) infinitely scaleable network. It's just severely bogged down right now by public interest, a lack of public nodes, exchanges getting wrecked by BTC etc. so I wouldn't cast judgement on it right now for that purpose. It's undoubtedly slow as sh*t right now.

On terms of application, I doubt Ripple offers the same IoT functionality that has big business locked in and they occupy different niches.
*Misc Surgeon*--*Admin neg survivor*

Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
You go looking for the Shaolin temple, the Shaolin temple doesn't go looking for you - Louie Simmons
post 1536857091 12-07-2017, 06:43 PM
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#8560
  1. Tommy12Orr4
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Originally Posted By BostonRockets⏩
Alt hodlers what are you guys doing now? Weathering the storm or FOMO'ing?
Dying.....notsrs....semisrs.


I'm just holding out and not looking at sats. That is literally the worst thing you can do, and too many people focus on sats. It makes far more sense overall to focus on the actual dollar value, but many in here seem to disagree. Back in August, my BTC value was about 5X what my portfolio is now, but my USD has remained about the same and increased a few days ago until this bloodbath.
*Looking at sats makes me cry crew*
*Lack of sats coping crew*
*ZEN crew*
*Please moon crew*
post 1536857351 12-07-2017, 06:45 PM
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#8561
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Originally Posted By Tommy12Orr4⏩
Dying.....notsrs....semisrs.


I'm just holding out and not looking at sats. That is literally the worst thing you can do, and too many people focus on sats. It makes far more sense overall to focus on the actual dollar value, but many in here seem to disagree. Back in August, my BTC value was about 5X what my portfolio is now, but my USD has remained about the same and increased a few days ago until this bloodbath.
Would you think about shifting some to BTC?
#
post 1536857371 12-07-2017, 06:46 PM
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#8562
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Originally Posted By DoesNotLie⏩
DRGN moving again.
Das it mane. Dragonchaingang
Make Misc Great Again

Not in any crew crew
post 1536857481 12-07-2017, 06:47 PM
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#8563
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Originally Posted By Tommy12Orr4⏩
Dying.....notsrs....semisrs.


I'm just holding out and not looking at sats. That is literally the worst thing you can do, and too many people focus on sats. It makes far more sense overall to focus on the actual dollar value, but many in here seem to disagree. Back in August, my BTC value was about 5X what my portfolio is now, but my USD has remained about the same and increased a few days ago until this bloodbath.
Yeah I don't really give a sh!t about sats either. BTC is used to buy and cash out so you have to enter it at some point but even then I treat everything as a separate stock. Even tho X went up against Y I can't say I would have invested all that into X anyways. If you want to buy something else you're only in BTC for 2 min so playing the "could have" game calculating your potential BTC value is pointless.

I'm just pissed I missed the 4k BTC rise since this morning and a chance to have almost doubled my stacks. Maybe I need to make some ballsier moves. I should have learned from the last two times this happened.
Death is impossible for us to fathom: it is so immense, so frightening, that we will do almost anything to avoid thinking about it. Society is organized to make death invisible, to keep it several steps removed. That distance may seem necessary for our comfort, but it comes with a terrible price: the illusion of limitless time, and a consequent lack of seriousness about daily life. We are running away from the one reality that faces us all.
post 1536857781 12-07-2017, 06:51 PM
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#8564
  1. Tommy12Orr4
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Originally Posted By BostonRockets⏩
Yeah I don't really give a sh!t about sats either. BTC is used to buy and cash out so you have to enter it at some point but even then I treat everything as a separate stock. Even tho X went up against Y I can't say I would have invested all that into X anyways. If you want to buy something else you're only in BTC for 2 min so playing the "could have" game calculating your potential BTC value is pointless.

I'm just pissed I missed the 4k BTC rise since this morning and a chance to have almost doubled my stacks. Maybe I need to make some ballsier moves. I should have learned from the last two times this happened.
Agreed on all counts there. I went into this space looking for moon missions and long term growth, and I knew I wanted to make the riskier moves, and I have. I viewed BTC as the "safer" option, but it's been mooning.
*Looking at sats makes me cry crew*
*Lack of sats coping crew*
*ZEN crew*
*Please moon crew*
post 1536858231 12-07-2017, 06:57 PM
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#8565
  1. ImUTI
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Originally Posted By Tommy12Orr4⏩
Agreed on all counts there. I went into this space looking for moon missions and long term growth, and I knew I wanted to make the riskier moves, and I have. I viewed BTC as the "safer" option, but it's been mooning.
same. i switched to btc last night and have been happy about it
post 1536858321 12-07-2017, 06:58 PM
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#8566
  1. wickedman
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Never got the sats thing either. In theory I could have invested my money into a Weenie Stand, I'm not interested to know the value of my money had I invested in the Weenie Stand instead.
#FreeCryptoBandit
post 1536858391 12-07-2017, 06:59 PM
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#8567
  1. TurkBrah
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This BTC run lasted too fkin long- Hope asia does some good and starts taking profits-
post 1536858571 12-07-2017, 07:00 PM
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#8568
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Originally Posted By wickedman⏩
Never got the sats thing either. In theory I could have invested my money into a Weenie Stand, I'm not interested to know the value of my money had I invested in the Weenie Stand instead.
Sats doesn't make any sense purely for the reason that it's so mobile. Variable things don't make a good reference point.

If you wanted to measure the distance you ran from your house, you wouldn't choose a car going alongside you as your reference, you'd choose your house (i.e. USD).

People justify it by saying if you aren't up in sats trading alts it'd have just been better to stay in BTC. The end goal is USD accumulation, not sat accumulation and the two are not mutually inclusive over infinite time.
*Misc Surgeon*--*Admin neg survivor*

Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
You go looking for the Shaolin temple, the Shaolin temple doesn't go looking for you - Louie Simmons
post 1536858971 12-07-2017, 07:06 PM
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#8569
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400 bittrex eth 420 on gdax

yeahh ok
post 1536859161 12-07-2017, 07:08 PM
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#8570
  1. myfacewhen
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Originally Posted By FatalTragedy12⏩
People justify it by saying if you aren't up in sats trading alts it'd have just been better to stay in BTC.The end goal is USD accumulation, not sat accumulationand the two are not mutually inclusive over infinite time.
says you.


if hypothetically speaking, BTC moons to 100k in 2-3yrs, what would matter more?
EXTREME yellow fever crew
Will wife an Asian HBB in the future crew



~keep hustling cuz~
post 1536859181 12-07-2017, 07:09 PM
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#8571
  1. TurkBrah
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Originally Posted By FatalTragedy12⏩
Sats doesn't make any sense purely for the reason that it's so mobile. Variable things don't make a good reference point.

If you wanted to measure the distance you ran from your house, you wouldn't choose a car going alongside you as your reference, you'd choose your house (i.e. USD).

People justify it by saying if you aren't up in sats trading alts it'd have just been better to stay in BTC. The end goal is USD accumulation, not sat accumulation and the two are not mutually inclusive over infinite time.
Sats matter. if you get 100 iota at 30k sats, $4.00 and sell back 94iota at 25k sats $4.20 thinking you still made profit, when in reality, lets say the original transaction cost was .03 BTC and you got back .025 btc. You were better off staying in BTC because now, you have less of it, therefore you have less $.
post 1536859271 12-07-2017, 07:10 PM
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#8572
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I'm also against the SAT investing. It's like stock investors pegging their gains against how AAPL performs.
BTC is its own crypto. Now if there were a crypto index fund, then yeah you could say "you would have made more if you stayed in the crypto index fund", just like you would say "you would have made more just staying in the SPY 500 fund"
post 1536859321 12-07-2017, 07:10 PM
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#8573
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Finally a dip.... won't last long.
post 1536859331 12-07-2017, 07:11 PM
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#8574
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Originally Posted By TurkBrah⏩
Sats matter. if you get 100 iota at 30k sats, $4.00 and sell back 94iota at 25k sats $4.20 thinking you still made profit, when in reality, lets say the original transaction cost was .03 BTC and you got back .025 btc. You were better off staying in BTC because now, you have less of it, therefore you have less $.
So if your satoshi value goes up, but your USD value tanks...do you consider that profit?
post 1536859611 12-07-2017, 07:14 PM
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#8575
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Originally Posted By TurkBrah⏩
Sats matter. if you get 100 iota at 30k sats, $4.00 and sell back 94iota at 25k sats $4.20 thinking you still made profit, when in reality, lets say the original transaction cost was .03 BTC and you got back .025 btc. You were better off staying in BTC because now, you have less of it, therefore you have less $.
Originally Posted By myfacewhen⏩
says you.
if hypothetically speaking, BTC moons to 100k in 2-3yrs, what would matter more?
That's why I mentioned what both of you said in my post (justification for using sats) and ended my sentence with "the two are not mutually inclusive over infinite time". We don't know if BTC will always be more valuable than the USD and how it will scale due to it's variability and/or mainstream adoption - likely? Yes. But over infinite time, it is impossible to know. E.g If you're playing roulette and win 10K USD a hundred times in a row it doesn't mean your 101th attempt will also net you 10K USD, so you shouldn't measure you profits in roulette spins but in how much USD you made.

What myfacewhen said is a paradox - if BTC moons to 100K you care about the 100K, not your satoshis.

Also, what KillahJon said above ^
*Misc Surgeon*--*Admin neg survivor*

Don't have $100 squat shoes and a 10 cent squat - Louie Simmons
You go looking for the Shaolin temple, the Shaolin temple doesn't go looking for you - Louie Simmons
post 1536859981 12-07-2017, 07:18 PM
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#8576
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For brahs that worry about their sat values going down, just cope and measure your alts in ETH terms. Easy.
Make Misc Great Again

Not in any crew crew
post 1536860001 12-07-2017, 07:18 PM
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#8577
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it looks like IOTA finally wants to make a move.
post 1536860291 12-07-2017, 07:21 PM
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#8578
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Boxmining live interview with BAT , Javascript and Mozilla Firefox Founder (all the same guy, wtf)
post 1536860301 12-07-2017, 07:21 PM
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#8579
  1. RightKindaGuy
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Originally Posted By myfacewhen⏩
says you.


if hypothetically speaking, BTC moons to 100k in 2-3yrs, what would matter more?
if BTC moons to $100k USD what matters more?

are you even looking at how dumb your Q sounds...?
▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄

**
*Anti Marriage Crew*
**

▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄,
post 1536860351 12-07-2017, 07:22 PM
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#8580
  1. gixxer0.6g
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Finally btc giving us a break from all that profit. Bout damn time

IOTA, moon you miserable kunt ...moon


I think it's safe to say my 1300 sats XLM sell isn't going to fill tonight
Toxic Masculinity
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