CryptoCurrency General
Lets contain this shit so its easier to follow lads. Get the fuck in here.
What are you buying?
What are you selling?
What are you keeping an eye out for?
>Bitcoin Rundown
http://www.coindesk.com/information/what-is-bitcoin/
>Ether Rundown
https://blockgeeks.com/guides/what-is-ethereum/
>Where to buy without verification?
https://localbitcoins.com
>Exchanges
https://www.btcmarkets.net/home
https://poloniex.com
https://yobit.net/en/
https://www.bitbay.net
https://www.coinbase.com/?locale=en
This is a W.I.P please let me know of any other sites, resources to add!
>>1910479
first for ETH crash 31th march
Anyone looking at any ICOs? WeTrust looks promising.
is EMC2 real?
Got fired for being drunk in work, I knew I'd get caught eventually. How do I bounce back from this and become rich?
Buy knee pads
>>1910415
Buy ETH
>>1910415
Buy ETH
>when your trades are shit but then you remember you have a million dollar voice so you're going to end up rich either way
>>1910405
>implying anyone cares about you piece of shit
>when you're losing money on crypto, but then you remember you just finished the next great American novel
>>1910431
can ppl lose on crypto?
how though? every thread here is all buy buy buy
I just won $1000 playing roulette.
What should I spend it on?
roulette
>>1910403
more roulette
>>1910403
ETH
Do other anons remember that post from that guy who who claimed to have insider knowledge about an ETH crash on 31st March?
I'm bracing for ETH crash on 31st March. The anon claimed he paid 1.5BTC to join some South Korean insider trading whale group.
They were going to dump and short ETH to US$25 on 31th March, then consolidate position while price shot up to US$100 by 3rd April.
Anyone else sold out of all their ETH bracing for price collapse? Is it all bullshit?
>>1910400
I'm part of that Korean whale group. We crashing this plane.
>>1910406
proofs?
>>1910400
I'm part of the Japanese whale group. Were crashing this prane
DGB to pump soon, Do not buy, if you hate money
DGB Buy/Sell Amount in the last 1 hours
Overall BTC Buy amount: 36.50514998
Overall BTC Sell amount: 3.49835084
Pic related
Everyone say it with me!
AC-CU-MU-LA-TION!
>inb4 simple demand and supply explanations
I want to know the exact accounting mechanics how the price is controlled or affected.
So lets say a stock is trading for $10 a share. The broker quotes the ask (buy) price as $10.5 and the bid (sell) price as $9.5. There are currently 1,000,000 shares of Stock A in the market.
Anon #1 buys 500,000 shares of Stock A from Anon #2 at $10.5.
Anon #2 sells 500,000 shares of Stock A to Anon #1 at $9.5.
Anon #3 is going to sell the rest of his 500,000 shares once the price is updated after the transaction between Anon #1 and #2 is completed.
Exactly in what direction will the price of Stock A move for Anon #3 to sell his shares to Anon #4?
>>1910333
The price doesn't change until there's a deal between Anon#3 and Anon#4. It could be that Anon#3 thinks that the correct shareprice is $11 and Anon#4 agrees or Anon#3 might think the correct price is $9 and Anon#4 might again agree so the new shareprice would be $11 in the first case and $9 in the second case. Retail investors don't have direct market access so we're at the mercy of brokers and market makers to sort out the details (they make their money off the spread.)
Very interesting question. Could someone also explain what exactly candlesticks show, and how they relate to price changes?
Well if Anon 3 is the only one with anything on the market, they can sell for whatever they like. It only fluctuates with what people are willing to buy/sell at. If I set a buy for 500 shares for $10.50, then when someone puts a sell order in for $10.50, I will buy them. If I put a sell order in at $10.50, they wont sell until someone is willing to buy. And the last transaction will be the current "price".
>tfw too smart not to buy a coin created by child prodigy chess champion
>the high IQ investors coin
Instead you buy bags of pumped and dumped shitcoins like musicoin and ARK and then wonder why you're poor.
Why haven't you gone all in on bitbay faggots?
>>1910332
>bitgay
lol
>>1910332
I made money off of both of those, and holding BAY for my dear life.
>>1910337
how much bitbay should I buy? I have 55082 at the moment.
I know the bitcoin etf is probably gonna be denied on the 30th. But I mean. Theres just this little itching feeling that it might go through. Enlighten me anons.
>>1910242
Its going to be denied and people are going to get tired of Bitcoin and move on to buying PIVX. Eventually PIVX will replace Bitcoin.
it already got denied boys, read the news
>>1910246
Does that mean ethereum will skyrocket?
guys if eth goes up to around $300 by the end of the year i wont be able to pay the %15 cap gains tax on it that like 7 grand and i wont have that much to pay and i dont wanna take out of my investment, what do??
tax? what tax? this aint the stock market
>>1910099
you dont pay tax til you sell you fucking retard
>>1910102
dood u have to pay capital gains taxes on crypto retard
"Crime doesn't pa-"
*Blue collar crime doesn't pay.
credit card fraud and identity theft pay out big and if you're not an idiot theres pretty much no way to get caught
>>1910049
>4th column is jail sentences
>Implying they're just gonna let you keep the money after you do your time
Ethereum WILL hit $300 by years end.
Hodl until $300 or stay poor forever.
BIG SPIKE COMING!
>>1910044
if it reaches 4500 ill be a millionaire
>>1910048
if it reaches $80 I'll be a millionaire
>>1910051
>tfw already millionaire
Beat that faggots. hows your portfolio doing? Im up 14 fucking percent. Thats right, I put my entire savings in the stock market and it paid off huge.
Lmao i was up 20% last week alone now im at 12% since AMD and SNAP shit the bed
>>1909981
That's really good, but do keep in mind, what goes up must come down.
Lmao 14% are crypto hourly gains
heh
nice try kiddo
>>1909942
SHILLS BTFO
>post random shit
>nobody knows what the fuck we are looking at
>explain
also its PIVX not VIX you mustve invested in the wrong thing
>>1909942
XIV easy money all day son
What are some of the biggest mistakes people make while trying to get rich?
>>1909893
Refusing to live like they're poor.
A big mistake is deciding "when to stop"
100k? 1 million? 10 million? Most people will aim for 1 million and they don't stay there for very long.
>>1909896
So you're telling me I shouldn't spend 75% of my bank account on a car I don't need when I don't have a stable income?