I lost 20k on Moon! We lost it all brb sodku
what happened, back to 1sat?
>>2187917
Back to 3 so far
>>2187901
Join the HALLOween machine can't lose with that
Back from the dead! Tickets to lamboland on sale now!
It was never dead, it was just pumped and dumped when it first came on bittrex
>>2187872
Price is being suppressed so hard right now. People are scared because they can't withdraw it from polonishit. I cant wait for this fuckin moon launch.
>>2187894
Well it's finally off life-support and kicking ass
Let's have a serious discussion about exchanges and cashing out.
When it's time to make real gainz, aka cashing out, we don't have a lot of options. We either find someone on localbitcoins or we cash out through an exchange.
Problem: if you read the terms of conditions (ToC) of all these exchanges, you almost have no rights when it comes to them fucking up. They are not responsible of anything if there is a problem, they can keep your coins, keep your money, close your account at their will. When you make a transaction with them, you are giving up your rights as a consumer.
Since they are not liable for anything, for example a hack, the owners can easily secretely team up with hackers and let your coins be stolen.
If you read the reviews of these exchanges you will see that a lot of people complain about their account being shut down, transactions not being delievered, non existent customer service, etc.
I'm ready to ride the wave and play the pump and dump game but only if I can be sure I can cash out easily.
A few days ago I bought a small amount of ETH through bank transfer to see how it goes.
Also, if you give them your ID info, with the signature, it can end up on the dark markets if an employee sell it or in case of a hack.
Is there a way to safely cash out? Reading the ToC of these exchanges makes me wonder how people would trust them.
What's your experience with cashing out? It's probably the most important thing to know before investing in coins, and it looks like it's where the scams are. Your cryptos aren't worth anything if there is no way to cash out without being robbed.
>>2187870
Bump. I really am interested in this
if people couldn't cash out their coins there would be a mass panic , a run on the exchange and a huge media blitz.
the best you could argue is that theyre not actually holding as much as they should be, a fractional reserve sort of thing
Never cash out more than 10k at a time, do it slowly over a period of time and you'll avoid a lot of problems. Also don't worry about your info ending up on the darkweb, chances are it's already there. But it will probably be expired credit card info or something old that won't really affect you. Check on haveibeenpwned and you'll see that you're shit probably got hacked at one point already
bitcoin collapse imminent based on charts. Get out, sell and cash out.
If you dont believe, dont sell. Keep holding. It's pretty simple.
>>2187789
why do you act like a smartass AFTER it crashed
lmfao
>>2187789
Yep. We're on our way to 1200 before this is over, maybe lower.
>>2187834
>1200
Optimistic, my calculations are evaluating at about 800
WHAT THE FUCK IS HAPPENING
>>2187755
The whole cryptomarket is crashing
New moon, don't panic it's going to be 27 sats in a month
>>2187755
big whale literally fucking played you all, he sold most at 1 satoshi to get other people to panic sell at 1 and now they've just accumulated it all back up
fucking pissed I couldn't buy in again at 1 satoshi it happened so fast
A lot of people are thinking "holy shit why didn't I throw 10k at this in the winter"
I'll tell you why:
>centralized
ETH team bailed out the devs when they lost $55M due to incompetence. This means they changed the natural progression of the blockchain and nothing is stopping them from doing it again.
>muh ETH alliance
Much like the XRP bank alliance, the ETH alliance is made of companies, who are using ETH source code to develop private blockchains. In return, ETH gets to show off brands and retards like you buy it and drive the price up 1000-fold. Companies are not getting on the public ETH blockchain and they never intended to.
>not capped, premined and 90M+ coins minted
ETH does not have a hardcap for the coins like Bitcoins. This means there is not a limited supply. As you collect your precious Ether, miners are going to mine a shitload, dump it on the market and keep the price low in the long run. ETH had a huge premine, which means Vitalik and his buddies could dump any moment. And finally, the number of coins is quadruple the number of Bitcoins. Which already makes the effective price of ETH around $800 compared to Bitcoin. Not counting inflation.
But don't listen to me, listen to Buterin. Who am I after all?
yeah fuck eth i hate money
the guy looks like a bond villain
that alone is reason I don't trust eth (but I have .95 of it soooo)
>ETH team bailed out the devs when they lost $55M due to incompetence. This means they changed the natural progression of the blockchain and nothing is stopping them from doing it again.
This is the only part that worries me. ETH can be changed on a whim. That means everyone's money is not under their control.
Got here from pol
No idea what im doin
Have 3k USD larping in savings account
what do
>>2187622
Ok, because you're a fellow 4channer.
You want to go 10x? Buy Bitbean. But act fast, it's going to climb soon.
One word:
Buy Mooncoin nigger quickly
>>2187641
Pol was going tarded on bitcoin price, someone mentionez biz, didn't even know bout this board
Wouldn't It get worse when the chinks will wake up?
Not if it has already gone back to normal by then.
>>2187549
Chinks ain't shit anymore.
Japs are the new king gook, their hands are steady.
>>2187549
>https://www.cryptocoinsnews.com/300-ethereum-south-korea-trading-100-premium/
Buy the dip now lads! This shit is going to moon hard. SKoreans can't get enough of it and pay at a premium! I just bought 5 more at $170.
>>2187400
Also, in this article they claim that Samsung plans to move into the Ethereum Enterprise Alliance.
Note here that Samsung makes up 15%+ of South Korea's GDP.
MOON I SAY. MOON.
>>2187463
Final bump before letting this info die.
why dont south koreans just use a fucking proxy to buy on gdax or poloniex or wherever. i dont fucking get it
WHAT IS THIS NIGGER SHIT
>>2187383
GOXED
>>2187383
Same I'm just gonna ignore and hope I didn't lose anything by the end of friday.
/biz/ was right about that site.
>>2187418
NEP NEP~~
MFW "bitcoins and altcoins are the future!! Look at how much they are worth!"
TOP SNEK
>>2187284
HODL hahahahahaha
>>2187284
cope more nocoiner
You're retarded if you think this is the bubble popping
Quick and dirt BTC/USD analysis (data from BFX).
You can see we broke out of major channel in the last few hours. This channel kept going since the latest dip @ ~1970 some day ago. The trendline on the bottom is the major uptrend trendline and has been going on for almost two weeks, since ~1700. If that trendline gets fucked, sell everything. If the trendline holds, there might be a recover.
Meanwhile check out the mid-term fib retracements between the 1970 dip and todays high. Those are valid levels to scalp right now and watch out for (see how the big dip exactly ended at the 2250 retracement).
My personal opinion is that BTC is fucked and has no future. We'll wait and let the market decide. Good luck everyone!
>>2187231
interesting
rate my analysis, I think their might even be a double dip once GDAX and Coinbase are back up
>>2187309
I used a wider chart for fib/major trendline. Snapshot was taken in shorter chart range.
>Coinbase is down for "maintenance"
>BTC, ETH and all other alts crashing in price (BTC alone losing $400 in value in 1hr)
I don't think this is the Big One, but can someone tell me what's going on?
>>2187189
Hi friendo, you must be new here :^)
In the cryptocurrency world, this is called a dip. It means when the coin goes on sale so that more people can buy it.
>>2187239
Entire exchanges don't go offline without warning on just any dip, friendo :^)
>>2187189
Whales jumped outta the water, are mid flight, and about to land back in assets in tow.
>be NEET
>my parents recently found (or rather snooped around my room) a bank statement addressed to me which contains details about my $60,000 of cryto gains in my checking account and savings
>question me where I got the money from
>tell them I bought bitcoin and ethereum when way back when most people didn't even know about it
>still mad, they tell me I should leave the house because I have enough money to move out
>they tell me I should move out of the house this weekend or they will get a lawyer to evict me off their premises
What do now /biz/? I'm scared. I have no job experience and skills other that shitposting, video games and fapping.
$60,000 is just not enough to live off comfortably. For example, $10,000 will immediately go to the rent and bill jews every year.
Any advice /biz/?
>>2187174
Bribe them
>>2187174
keep investing or buy a cheap apartment and get a stem degree
>>2187174
get a job
Seriously WTF.
Drop your wallet address and I'll tip the most helpful..
Cryptofags: what's a more reliable hot wallet/exchange than fucking coinbase?
I keep getting FUCKED trying to buy in at the lows bc this piece of shit crashes all the time...
Kraken and Bittrex
If you want to buy very fast but with high fees (but fast) try Coinmama
>>2187196
No address no tip. Keep it coming fags.
Preferred exchange? How often does it crash?