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Archived threads in /biz/ - Business & Finance - 2057. page

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How likely is it that 2FA is going to protect your coins from an exchange getting hacked? I feel it's more likely that I'll lose, break, or have my phone stolen.
27 posts and 3 images submitted.
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Idk I use it on cb but not on kraken and have had no issues at all
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It protects your account from being hacked individually, if the exchange gets hacked and loses all its coins you still lose.
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>>3098189
good point actually, I wonder how easy it actually is to recover an account on say bittrex if you ever lose 2fa

I've never really considered my HDD dying on me either, I should keep my coins more secure

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...........................................................
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yes?
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I'm still up 100%. Are you one of those who bought ath and post pink wojaks?
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WE

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How do you guys manage to make money daytrading, every coin I buy end up not moving a lot and I'm just winning like 1 euro every now and then. Btw I'm only practising for now so I only have 30 dollars on my bittrex account.
22 posts and 1 images submitted.
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>>3098019
you make 1 dollar with 30, they make 1k with 30k
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>>3098019
by not daytrading, usually

20% of my stack is for "daytrading" by which I mean I do leveraged trades on bitmex which I never like sleeping on, I open and close trades on the same day

without leveraging or a huge investment that could shake order books, I don't think you're going to be able to consistently get good returns daytrading in crypto
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Don't daytrade, HODL short and long term on ICO and floor-price coins

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The most consistent coin around!
>Just can't get enough of these comfy gains.
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>>3097936
>T-thanks money skeleton
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>Post your comfort level
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>>3097966
got 113 at 150k sat.
Not as comfy as you, but I cant complain

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What did you do anon...
When BCC got its difficulty lowered to a level that made mining it more profitable than mining BCT?Did you miss that _A_LOT_ of hash rate migrated to BCC and the value increased dramatically?
How come?!!? Since there are people that told you that this will happen...
What did you do anon...?
28 posts and 3 images submitted.
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>what did I do on a day that hasn't come
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"Get me 1000 BCC. No, no stop loss"
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>>3097935
to be honest I thought there would be a happening but after watching the bcc price for a while I don't think anything will happen except the price will go down even more.

The problems are:

1 - no one buys BCC. Even if everyone switches and it becomes the coin with the most hashrate, when no one needs it for anything then no one will buy it except speculators. People will still buy much more BTC and then it will be more profitable to mine BTC and buy BCC if you want BCC.

2 - It's overpriced, you can't have 7% of BTC's marketcap in 3 weeks when there is no economic infrastructure

3 - Again, its Overpriced, hashrate on Saturday will be at ~5,6% of BTC's Hashrate so price should be at 0.056 if there is enough demand.

I just want off this wild ride.

"Researching" the new shitcoin of the day makes me want to take a revolver to my head. 500% gains are nice in the rare event they even happen and you went big in them. But at the end of the day, looking through Blockfolio sleeplessly, I realize once again I don't give a fuck about any of these shitcoins and have never even thought that Bitcoin has any legitimate future with widespread use. It's just penny stocks with ridiculous upside potential.

As a short-term intellectual exercise I think it's fine. I just don't want to spend more than 10 minutes a day at most thinking about this stupid shit.

How does this strategy sound, for not leaving the game while having a life - hodl long in BTC and ETH, put 5% of the rest of my shekels into whatever shitcoin's managed to get some traction around the web.
14 posts and 1 images submitted.
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Fuck off then?
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>>3097917
shitcoins = lambo
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>>3097917
Shotgun $10,000 into 50 shitcoins at the end of a big dip and see what happens.

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>mfw 6.6085 BTC in my wallet

Filthy nocoiners. How are you able to get up in the morning?
11 posts and 5 images submitted.
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>>3097910
I have almost 10x more and yet you don't see me bragging.
Grow up anon
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>>3097910
I'm already on the next big thing.
Good for you, though.
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>>3097910
>unironically bragging about 30k like it's some huge amount of money
lol

If bitcoin were to have a correction crash, will ETH do the same?
11 posts and 1 images submitted.
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>>3097841
for the first time we have seen the markets truly uncouple, there will be weak correlations like all similar stocks, so basically no
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>>3097853
wtf are you talking about, if btc goes they all go
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When BTC goes down, (almost) everything else goes down. Other than that, I don't see any other trend.

I remember a flood of ETH hate in July that has almost completely vanished. Still don't get it completely.

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hello darkness my old friend. tell me, when will it end? what's the top for btc? it's currently at the ath at $4,428.01 on gdax.
23 posts and 1 images submitted.
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this is the top
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>>3097775
$4,432.13 now.
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>>3097762
$5128.

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My mum bought a bitcoin for 4k AUD a few months ago, and recently after 4 months of negotiation with an "investor" she decided to let him use her bitcoin to invest with promises that she would end up with more money. Suprise suprise, the guy was a con artist and isn't responding to any attempts at contact. He has also done this to at least one more person who my mum is also in contact with. Is there any establishment or group that we can contact to try and get it back or at the very least get this guy punished? Apologies if this isn't /biz/ related enough, I don't frequent this board.
30 posts and 2 images submitted.
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>>3097754
> get it back or at the very least get this guy punished?

Probably not, time to find this man yourself ( or maybe bring a bulky friend ) and force him to pay it back. I'm sorry anon, it's probably your only option.
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>>3097754
This dude fucked over your mom. Pay a killer on the darkweb.
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>>3097780
I agree with this guy, find out where he is, bring a friend and get it back

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Is Ripple ded?
29 posts and 5 images submitted.
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No, expect it to moon when SBI start using XRP.
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>>3097687
>something using ripple

You are very funny guy!!!
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It has been going up last 12 hours....seems it is recovering. Back to 0.18 probably.
Get in for small gains!

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MFW I bought BTC for the last 3 years with my spare cash every end of the month (about 100€ each month) and the intention to sell once it hits 4200€. Then finding out my harddrive crashed and the thumb drive with wallet.dat doesn't work either. I guess money isn't everything.

REEEEEEEEEEEEEEEEEEEEEEE
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Well that would be grounds to kys
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>>3097612
>and the thumb drive with wallet.dat doesn't work either

Does nobody here know about memory decay? Entropy causes all data storage to fail eventually. I have multible copies of my encrypted wallet on all my storage devices and on paper.
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>>3097612
so give it to some data recovery company.
better pay some money for it than loosing the whole coins.

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Bitcoin pulls through in what will become its biggest bull phase yet. It shatters meme TA predictions, on which shorters have based their assumptions on recently. This is the event on which the previous years have been building up for.

The people who have held Bitcoin and believe in its future as a store of value or a usable currency are holding the largest stake in this. However, seeing the potential in crypto a lot of new money is flowing in. Although this alone is not the reason for this sudden movement.

People who own Bitcoin now are simply not willing to "sell" their Bitcoin for fiat anymore, there is a certain trust that has developed, the altcoinmarket has proven that you dont need fiat to trade. Even blockfolios posted here are more and more showing the value in BTC only.

(((Bancor)))jority in Bitcoin wants to use it, not sell it. The general mentality is to "hold" and every attempt at selling to buy back lower is being severely punished. On the other hand you have big institutions that want to get in on it but cant. Attempts on taking value away from Bitcoin have failed (e.g. Ripple, Bancor).

So there really is only one way to gain a stake, its to find some fool willing to give you their Bitcoin. People who need fiat urgently, People blinded by high amounts of fiat, People who believe in TA because it has worked before on Bitcoin. This is the time where Crypto establishes itself in the world and you can watch it happen live.

Be happy with the stake you have in crypto and wait for the developments during the next year to use your crypto, (((they))) will want your coins and are going to adapt to accept it widely.
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So what do I do? hodl?
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>>3097608
depends, if you got in relativly late sell in increments to cover some expenses, just in case. Your long term strategy should be to hold as many as you can and wait for more uses to pop up, effecticly you want to replace fiat with your stake.
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>>3097625
I got in at ~1k.

Apologize.
13 posts and 3 images submitted.
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>>3097581
Sorry
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>>3097581
It's gonna crash real soon, so sell now and buy the edip
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>>3097598
You retards have been saying that since 3000.

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I SOLD MY BITCOIN AT $3870

YOU SMART ASS TEHNICAL ANALYSTS TOLD ME IT WOULD CRASH TO $2000

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
I HATE YOU ALL

FUCK YOU ALL
FUCK YOU ALL
FUCK YOU ALL
20 posts and 6 images submitted.
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>>3097564

Yup been waiting to buy the dip thanks to the "it's going to crash" idiots. Fuck all the FUDers
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>>3097564

I'm a newfag. It seems this is a casino thingy, and all you do is to use religious methods to try to see the future.
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>>3097564

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