Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » MISC Crypto Crew (MCC) Vol.4: Bitcoin Wars Episode IV: Revenge of the Core
  1. Results 8581 to 8610 of 9378
  2. Page 287 of 313
  3. First
  5. 285
  6. 286
  7. 287
  8. 288
  9. 289
  11. Last

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

post 1536860541 12-07-2017, 07:25 PM
-
#8581
  1. wickedman
  2. Registered User
  1. wickedman
  2. Registered User
  3. Join Date: Jun 2011
  4. Location: California, United States
  5. Posts: 30,900
  6. Rep Power: 79002
BTC going down yet here I am still with a giant fist in the ass of all my coins.
#FreeCryptoBandit
post 1536860621 12-07-2017, 07:25 PM
-
#8582
  1. Rangerz91
  2. Registered User
  1. Rangerz91
  2. Registered User
  3. Join Date: Mar 2011
  4. Posts: 2,975
  5. Rep Power: 4181
Originally Posted By Vbrah⏩
For brahs that worry about their sat values going down, just cope and measure your alts in ETH terms. Easy.
say that to me on slack n see what happens
Tokyo Brah
University of Texas Brah
IT Brah/CS Brah
post 1536860711 12-07-2017, 07:27 PM
-
#8583
  1. RightKindaGuy
  2. ▄▀▄▀▄▀▄▀▄▀▄▀
  1. RightKindaGuy
  2. ▄▀▄▀▄▀▄▀▄▀▄▀
  3. Join Date: Feb 2012
  4. Location: San Diego, California, United States
  5. Posts: 4,126
  6. Rep Power: 0
FAQ about IOTA for any brahs thinking about entering:

https://view.publitas.com/p222-16131...plained/page/1

it also addresses the concerns/criticisms
▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄

**
*Anti Marriage Crew*
**

▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄,
post 1536860791 12-07-2017, 07:28 PM
-
#8584
  1. FatalTragedy12
  2. Registered User
  1. FatalTragedy12
  2. Registered User
  3. Join Date: Feb 2007
  4. Posts: 8,351
  5. Rep Power: 12481
Originally Posted By KillahJon⏩
So if your satoshi value goes up, but your USD value tanks...do you consider that profit?
Good question. It won't compute to someone who believes a Satoshi will always be more valuable than a USD/that they will always share a positive correlation. i.e. one cannot go up or down without the other moving in the same direction.
*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 1536861031 12-07-2017, 07:30 PM
-
#8585
  1. Rangerz91
  2. Registered User
  1. Rangerz91
  2. Registered User
  3. Join Date: Mar 2011
  4. Posts: 2,975
  5. Rep Power: 4181
Originally Posted By RightKindaGuy⏩
FAQ about IOTA for any brahs thinking about entering:

https://view.publitas.com/p222-16131...plained/page/1

it also addresses the concerns/criticisms
god damn their devs are so bold. Would be mirin if they could do that and not be kunts.

Iota is definitely an interesting project.
Tokyo Brah
University of Texas Brah
IT Brah/CS Brah
post 1536861151 12-07-2017, 07:31 PM
-
#8586
  1. lukeaye
  2. Registered User
  1. lukeaye
  2. Registered User
  3. Join Date: Jun 2008
  4. Location: Brisbane, QLD, Australia
  5. Age: 38
  6. Posts: 7,107
  7. Rep Power: 71101
Originally Posted By FatalTragedy12⏩
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.
Sorry i meant ripple more efficient compared to BTC and some of the other alts. Not Iota.
post 1536861231 12-07-2017, 07:32 PM
-
#8587
  1. RightKindaGuy
  2. ▄▀▄▀▄▀▄▀▄▀▄▀
  1. RightKindaGuy
  2. ▄▀▄▀▄▀▄▀▄▀▄▀
  3. Join Date: Feb 2012
  4. Location: San Diego, California, United States
  5. Posts: 4,126
  6. Rep Power: 0
Originally Posted By tropicalcontact⏩
as someone completely new to crypto what's a good resource for me to use to get involved in it? youtubve vids? search the crypto subreddit? how did you guys learn and how big of a curve is there? seems like a huge undertaking, finances aside. I kind of just wanna dive in and spend $300 or so on iota
this is an IOTA biased video but it addresses the criticims of BTC and lays out the reason why they believe IOTA is the future

https://www.youtube.com/watch?time_c...&v=LyC04NrJ3yA

its about 6 minutes - its a good intro to both blockchain and tangle
▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄

**
*Anti Marriage Crew*
**

▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄▀▄,
post 1536861301 12-07-2017, 07:32 PM
-
#8588
  1. FatalTragedy12
  2. Registered User
  1. FatalTragedy12
  2. Registered User
  3. Join Date: Feb 2007
  4. Posts: 8,351
  5. Rep Power: 12481
Originally Posted By Rangerz91⏩
god damn their devs are so bold. Would be mirin if they could do that and not be kunts.

Iota is definitely an interesting project.
I know you hate me and think everything I say is bullsh*t, but have a listen to this if you get the time (Interview with founder, also talks about IOTA FUD):

https://etherreview.info/ether-revie...a-591f00e2ea5d
*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 1536861311 12-07-2017, 07:32 PM
-
#8589
  1. KillahJon
  2. Registered User
  1. KillahJon
  2. Registered User
  3. Join Date: Dec 2010
  4. Age: 35
  5. Posts: 11,307
  6. Rep Power: 11272
Originally Posted By FatalTragedy12⏩
Good question. It won't compute to someone who believes a Satoshi will always be more valuable than a USD/that they will always share a positive correlation. i.e. one cannot go up or down without the other moving in the same direction.
Yeah, Satoshi value is important if BTC going up over time is100% fact.But I use USD, because I don't wanna make assumptions. Different strokes for different folks.

Do I want 2 million dollars next year or XXX Satoshi's ? I'll take the 2 million USD, cause I don't know what a satoshi is worth.
post 1536861531 12-07-2017, 07:35 PM
-
#8590
  1. myfacewhen
  2. Cultivating mass
  1. myfacewhen
  2. Cultivating mass
  3. Join Date: Aug 2010
  4. Location: United States
  5. Age: 37
  6. Posts: 12,569
  7. Rep Power: 5280
Originally Posted By RightKindaGuy⏩
if BTC moons to $100k USD what matters more?

are you even looking at how dumb your Q sounds...?
no?

If I'm holding alts while BTC moons, my sat value can tank, while my USD value can stay steady. If all you cared about was USD and you cash out, good for you. If you had maintained your sat value instead of letting it bleed, because "meh, still steady USD value" then you could miss out on massive gains.

If you believe in crypto and the space as a whole then you should be thinking that way. You can take profits and become rich AND be at the forefront of the crypto takeover with all your sats
EXTREME yellow fever crew
Will wife an Asian HBB in the future crew



~keep hustling cuz~
post 1536861541 12-07-2017, 07:35 PM
-
#8591
  1. Insanity_SC
  2. Fight On Trojans!
  1. Insanity_SC
  2. Fight On Trojans!
  3. Join Date: Nov 2008
  4. Location: Los Angeles, California, United States
  5. Age: 37
  6. Posts: 6,682
  7. Rep Power: 3010
Originally Posted By tropicalcontact⏩
I kind of just wanna dive in and spend $300 or so on iota
Make an account on a BTC/ETH fiat gateway exchange and do anything BUT that. Don't take advice from the horde of people that just joined this thread, bought their first .01 BTC last month, and now are altcoin experts.

This thread has become unreadable. What the hell happened. Why is crap being spammed by the same posters that didn't even own a bitcoin until it hit 10K?
post 1536861881 12-07-2017, 07:39 PM
-
#8592
  1. FatalTragedy12
  2. Registered User
  1. FatalTragedy12
  2. Registered User
  3. Join Date: Feb 2007
  4. Posts: 8,351
  5. Rep Power: 12481
Originally Posted By myfacewhen⏩
no?

If I'm holding alts while BTC moons, my sat value can tank, while my USD value can stay steady. If all you cared about was USD and you cash out, good for you. If you had maintained your sat value instead of letting it bleed, because "meh, still steady USD value" then you could miss out on massive gains.

If you believe in crypto and the space as a whole then you should be thinking that way. You can take profits and become rich AND be at the forefront of the crypto takeover with all your sats
Again, you're making the gamblers fallacy that BTC will always be more valuable than the USD or another Alt over infinite time.

Consider this hypothetical scenario: What if you're holding BTC and BTC crashes? Then you're massively down in USD but you're still holding your Satoshi's - what do you do with them then? Do you still care about your satoshi value?
*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 1536862021 12-07-2017, 07:41 PM
-
#8593
  1. KillahJon
  2. Registered User
  1. KillahJon
  2. Registered User
  3. Join Date: Dec 2010
  4. Age: 35
  5. Posts: 11,307
  6. Rep Power: 11272
Originally Posted By FatalTragedy12⏩
Again, you're making the gamblers fallacy that BTC will always be more valuable than the USD or another Alt.

Consider this: What if you're holding BTC and BTC crashes? Then you're massively down in USD but you're still holding your Satoshi's - what do you do with them then?
I honestly think it's just preference. There's no right or wrong.
If you truly believe that BTC will 100% go up over time, then you go Satoshi's

If you don't know if BTC will go up over time, then you go USD.
post 1536862291 12-07-2017, 07:44 PM
-
#8594
  1. notJamal
  2. Registered User
  1. notJamal
  2. Registered User
  3. Join Date: Aug 2014
  4. Age: 40
  5. Posts: 955
  6. Rep Power: 1434
To me sats matter, if alts could directly cash out to fiat then sat wouldn't matter, but since most trading pairs are BTC or ETH your alt value in relation to those is what matters.
post 1536862421 12-07-2017, 07:45 PM
-
#8595
  1. Insanity_SC
  2. Fight On Trojans!
  1. Insanity_SC
  2. Fight On Trojans!
  3. Join Date: Nov 2008
  4. Location: Los Angeles, California, United States
  5. Age: 37
  6. Posts: 6,682
  7. Rep Power: 3010
Originally Posted By FatalTragedy12⏩
Again, you're making the gamblers fallacy that BTC will always be more valuable than the USD or another Alt over infinite time.

Consider this hypothetical scenario: What if you're holding BTC and BTC crashes? Then you're massively down in USD but you're still holding your Satoshi's - what do you do with them then? Do you still care about your satoshi value?
That is not the point. The point of measuring in satoshis is that if you make a crypto-crypto trade (almost always denominated in BTC), then you can only be profitable if you come out ahead in sat value. Even if USD value of the alt increases post trade, if the sat value declines you have LOST money as you would have been holding BTC otherwise (or ETH).

Were you trading Alts July-September this year or last winter? If so, you know exactly what I'm talking about. Sats on many alts have declined to March levels while USD value is still considerably higher. Would you call a Summer 2017 trade from BTC to those alts profitable at this point in time? Of course not.
post 1536862481 12-07-2017, 07:46 PM
-
#8596
  1. myfacewhen
  2. Cultivating mass
  1. myfacewhen
  2. Cultivating mass
  3. Join Date: Aug 2010
  4. Location: United States
  5. Age: 37
  6. Posts: 12,569
  7. Rep Power: 5280
Originally Posted By KillahJon⏩
I honestly think it's just preference. There's no right or wrong.
If you truly believe that BTC will 100% go up over time, then you go Satoshi's

If you don't know if BTC will go up over time, then you go USD.
This.

You're gambling that the financial system we have will be as is for an infinite amount of time. You can do both, focus on USD and sats. I choose to focus more on sats. Simple as that
EXTREME yellow fever crew
Will wife an Asian HBB in the future crew



~keep hustling cuz~
post 1536862621 12-07-2017, 07:48 PM
-
#8597
  1. aherpderp
  2. Verified 100% Straight ☑️
  1. aherpderp
  2. Verified 100% Straight ☑️
  3. Join Date: Nov 2012
  4. Posts: 4,329
  5. Rep Power: 8474
Hold me misc

I just lost 25% of my btc due to hodling alts over the past 2 days.

I should just sell all into btc shouldnt i
No glow No go crew
post 1536863061 12-07-2017, 07:53 PM
-
#8598
  1. FatalTragedy12
  2. Registered User
  1. FatalTragedy12
  2. Registered User
  3. Join Date: Feb 2007
  4. Posts: 8,351
  5. Rep Power: 12481
Originally Posted By Insanity_SC⏩
That is not the point. The point of measuring in satoshis is that if you make a crypto-crypto trade (almost always denominated in BTC), then you can only be profitable if you come out ahead in sat value. Even if USD value of the alt increases post trade, if the sat value declines you have LOST money as you would have been holding BTC otherwise (or ETH).

Were you trading Alts July-September this year or last winter? If so, you know exactly what I'm talking about. Sats on many alts have declined to March levels while USD value is still considerably higher. Would you call a trade from BTC to those alts profitable at this point in time? Of course not.
Even in a crypto-crypto situation though, there is no guarantee that in a year ETH won't have a greater USD value than a BTC e.g. if you're using a BTC/ETH trading pair. So it's a question of relative stability to use a crypto-crypto or crypto/USD pair to make your trades. I avoid crypto-crypto trades for this reason and only trade to USD unless it is impossible. Since I consider the USD to be the bottom line figure I'm accumulating and believe it will exhibit less variance over time as a usable commodity, that is what I choose.

It's definitely a matter of personal preference and both sides of the argument do make sense. It is exceeding unlikely a BTC will be worth less than a dollar or another Altcoin.
*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 1536863191 12-07-2017, 07:54 PM
-
#8599
  1. juvefan
  2. Registered User
  1. juvefan
  2. Registered User
  3. Join Date: Sep 2014
  4. Posts: 12,368
  5. Rep Power: 18776
Originally Posted By dawginitup16⏩
eth or iota for 2018?
eth
$0 or $1 million crypto crew
Ex-OMG crew
post 1536863381 12-07-2017, 07:56 PM
-
#8600
  1. WrestlingFan123
  2. Registered User
  1. WrestlingFan123
  2. Registered User
  3. Join Date: Apr 2010
  4. Posts: 11,098
  5. Rep Power: 50931
Originally Posted By juvefan⏩
eth
are litecoins just BS?
post 1536863421 12-07-2017, 07:57 PM
-
#8601
  1. Insanity_SC
  2. Fight On Trojans!
  1. Insanity_SC
  2. Fight On Trojans!
  3. Join Date: Nov 2008
  4. Location: Los Angeles, California, United States
  5. Age: 37
  6. Posts: 6,682
  7. Rep Power: 3010
Originally Posted By FatalTragedy12⏩
Even in a crypto-crypto situation though, there is no guarantee that in a year ETH won't have a greater value than a BTC if you're using a BTC/ETH trading pair - so it's a question of relative stability to use a crypto-crypto or crypto/USD pair to make your trades. I avoid crypto-crypto trades for this reason and only trade to USD unless it is impossible. Since I consider the USD to be the bottom line figure I'm accumulating and believe it will exhibit less variance over time as a usable commodity, that is what I choose.

But it's definitely a matter of personal preference and both sides of the argument do make sense. It is unlikely a BTC will be worth less than a dollar or another Altcoin.
I used to trade this way. If I had changed philosophies earlier, my crypto portfolio would now be well over $500K more than it is now. Food for thought.
post 1536863471 12-07-2017, 07:57 PM
-
#8602
  1. gixxer0.6g
  2. Maximum Effort
  1. gixxer0.6g
  2. Maximum Effort
  3. Join Date: Apr 2008
  4. Location: Montana, United States
  5. Posts: 43,865
  6. Rep Power: 266599
I prefer USD because it doesn't hurt so bad when I look at my alts
Toxic Masculinity
post 1536863691 12-07-2017, 08:00 PM
-
#8603
  1. gixxer0.6g
  2. Maximum Effort
  1. gixxer0.6g
  2. Maximum Effort
  3. Join Date: Apr 2008
  4. Location: Montana, United States
  5. Posts: 43,865
  6. Rep Power: 266599
What do you think about IOTA overnight? Seems like it has quite a bit of support at 3.50 so hopefully it hangs on. But if anything like last night it's going to sting in the morning
Toxic Masculinity
post 1536863901 12-07-2017, 08:04 PM
-
#8604
  1. FatalTragedy12
  2. Registered User
  1. FatalTragedy12
  2. Registered User
  3. Join Date: Feb 2007
  4. Posts: 8,351
  5. Rep Power: 12481
Originally Posted By Insanity_SC⏩
I used to trade this way. If I had changed philosophies earlier, my crypto portfolio would now be well over $500K more than it is now. Food for thought.
Absolutely. I'll definitely give it some more thought. On initial perusal though, your projected profits would likely be the result of your satoshi-trading conditions being absolutely correct and true (BTC did continuously go up). In this scenario, satoshi trading is definitely superior.

It is not a given that this will occur indefinitely, however. Thanks for having a reasonable discussion, appreciate it.
*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 1536864071 12-07-2017, 08:05 PM
-
#8605
  1. drLihp
  2. Registered User
  1. drLihp
  2. Registered User
  3. Join Date: Aug 2014
  4. Age: 34
  5. Posts: 4,746
  6. Rep Power: 13729
Originally Posted By gixxer0.6g⏩
What do you think about IOTA overnight? Seems like it has quite a bit of support at 3.50 so hopefully it hangs on. But if anything like last night it's going to sting in the morning
overnight is the best time to buy iota
post 1536864121 12-07-2017, 08:06 PM
-
#8606
  1. juvefan
  2. Registered User
  1. juvefan
  2. Registered User
  3. Join Date: Sep 2014
  4. Posts: 12,368
  5. Rep Power: 18776
Originally Posted By WrestlingFan123⏩
are litecoins just BS?
Depends what you mean bs lol personally I sold my litecoins in the summer. Bitcoin cash pretty much made litecoin irrelevant
$0 or $1 million crypto crew
Ex-OMG crew
post 1536864151 12-07-2017, 08:06 PM
-
#8607
  1. myfacewhen
  2. Cultivating mass
  1. myfacewhen
  2. Cultivating mass
  3. Join Date: Aug 2010
  4. Location: United States
  5. Age: 37
  6. Posts: 12,569
  7. Rep Power: 5280
Originally Posted By gixxer0.6g⏩
What do you think about IOTA overnight? Seems like it has quite a bit of support at 3.50 so hopefully it hangs on. But if anything like last night it's going to sting in the morning
I wouldn't trust it. BTChad has bro-raped me overnight plenty of times while holding alts

no but srsly, unless we have strong confirmation that the bullrun is over, you're playing a dangerous game buying alts. especially holding them overnight when the Asian volume kicks in
EXTREME yellow fever crew
Will wife an Asian HBB in the future crew



~keep hustling cuz~
post 1536864431 12-07-2017, 08:09 PM
-
#8608
  1. RagingGorilla
  2. Registered User
  1. RagingGorilla
  2. Registered User
  3. Join Date: Jul 2012
  4. Posts: 1,737
  5. Rep Power: 4181
Been holding Bitcoin the past few days besides a little wtc. I cashed out everything to fiat except the wtc, about 90k.

I started with 25k, got to my peak of 120k at OMG’s ath, went back down to about 45k with the two forks and I was holding alts, now I cashed out 90k.

Gonna sit on the sidelines until I see an opportunity to buy back in

This chit is stressful lol
post 1536864541 12-07-2017, 08:10 PM
-
#8609
  1. Maddchris
  2. Registered User
  1. Maddchris
  2. Registered User
  3. Join Date: Jan 2008
  4. Location: United States
  5. Age: 36
  6. Posts: 18
  7. Rep Power: 0
Originally Posted By DoesNotLie⏩
DRGN moving again.
Do you think it will go back down this weekend?
post 1536864681 12-07-2017, 08:12 PM
-
#8610
  1. FatalTragedy12
  2. Registered User
  1. FatalTragedy12
  2. Registered User
  3. Join Date: Feb 2007
  4. Posts: 8,351
  5. Rep Power: 12481
Originally Posted By gixxer0.6g⏩
What do you think about IOTA overnight? Seems like it has quite a bit of support at 3.50 so hopefully it hangs on. But if anything like last night it's going to sting in the morning
I think last night was particularly bad because of BTC's push and all altcoins were punished as a result. Now that it's very slowly falling/horizontal, we'll have a much better night unless the founder decides to do something stupid (and lord knows he's prone to doing that i.e. BTC and ETH mudslinging competitions on Twitter).

Once a new wallet is in the wild and we're on some other exchanges.. it's time boyo.
*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
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts