/biz/ - Business & Finance

>>1518613
>TRY OUTS FOR ELITE GROUP
>ELITE GROUP
literally a bunch of NEET faggots that know nothing about crypto and take themselves too seriously
>"I have 1 btc, we wall street now"

>>1518627

Actually we have multiple traders with 6 and 7 figure bags.

We're not a /biz/ group but we are looking for new blood and this place is as good as any to recruit.

>>1518640

Welp fuck it. Owner of the group nuked the telegram invite link cause he hated my title lol

Cryptographic Anomaly is about to +1000%
They have a low market cap and are releasing huge news

Buy ethereum

reposting from the last thread, working gud

1) Create an account here http://pastebin.com/8J3kQV5J (they ask for email address, basic credit card info, billing address for the card)

2) Click Servers on the left toolbar thing, then the plus sign in the upper right hand corner, then any nearby server location >64 bit OS > Windows 2012 R2 > the server with 16 CPU ($320/mo) > enable IPv6 > set a server label and click Deploy Now
Even if you fuck up, you're not committing to a whole month so you can back out at any time and you'll just be charged pennies

3) The server will take a bit to startup and install, after which you'll click on the server and then the View Console button (upper right, leftmost icon above the blue plus) to open a new window

4) This will open a new browser window through which you'll control the server, login using the password under the flag in your first server window, close all the other shit that shows up an open internet explorer, use it to install a better browser while tediously clicking though constant security warnings, use new browser to install pascalwallet and use those 16 cores for fat hashrates

5) to end the server instance and be charged with "Current Charges" from the "Manage" screen on Vultr, click manage then Server Destroy (icon opposite the View Console icon). you can do this at any time, but DO NOT do this until after you've transfered your VPS pascalcoins to your main PC's wallet. idk how to do that last part though

This is how you mine coins from vultr into your main wallet.
1. Go into your main wallet and copy the private key from there.
2. Go into your vultr miner(s) wallet and delete it's pregenerated private key.
3. Import your private key into the wallet.
4. Pretty much done, when your miner mines a block, those 5 accounts will be linked to that private key, so any wallet that has that private key can make transactions with those accounts.
MAKE SURE YOU BACKUP THAT PRIVATE KEY.
Lose it and you lose all your pascal.

>>1518702
huge news where senpai?

Buy MYR

Newb here,
How much do you earn on average per day? And what's a good amount to start with?

>>1519170
Start with small amount, find out if you're any good.
I started with 2 euro [from mining], moved up to 200 euro. I have ~220 euro now on polo altogether, so since it's working out I should move up again I guess.

>altcoins

>>1519195
How long are you trading already?

>>1519236
traded for a week with 2 euro and i've been trading with the 200 for a week

I'm basically a newbie myself, but the market is really explosive. I've probably been lucky with the devcon2 timing and shit.

>>1518640
>>1518643
sounds like overgrown manchildren that act like SJWs. I rest my case

>>1518702
Will it go back up? Or did I miss the train

>>1518822
I have 500 pascals now

will i's be riches with bitches?

I trade crypto for fun really, it's really educational, and you can trade with small amounts, it's much more free and easy territory then stocks and bonds, it's just super fun, I love crypto. very comfy, many coin, good currency

>>1519973
where did you get pascal? i don't think there is pascal coin on poloniex

>>1520057
from mining it, it wont be officially released until the end of October methinks

>>1518640
>recruiting NEETS
lol

>>1520076
Nice , whats your setup and when did you began? it's probably too late for me.

What does /pol/ think of the XRP news`? https://ripple.com/insights/announcing-ripples-global-payments-steering-group/

>>1520104
>/pol/
/biz/ ofc.... it's late already...

>>1520104
I sold during the pump so I'm glad for the news.
Or do you mean the news itself?

>>1520101
I havent even been doing it a week and am using a medium range laptop, and having it open in the background. Google the pascal coin wallet, miner and explorer (all the one program) and once you have it set up, offer it all your cpu and it will mine.

500 pascal is not a large amount by any means, if you have a stronger computer than mine you'll probably make more than that faster.

>>1520111
Both, what's the future of XPR

>>1520113
My father is gonna kick my ass when he sees the electricity bill

>>1520113
What are you running at? I'm running on an asus using 8 miners getting a little less than 3MH/s. I find 4-5 blocks a day.

>>1520123
Dunno senpai.
Looks bright. But I'm an optimist regarding crypto in general.

>>1520135
I got 4 miners at roughly 500kh/s

i'm not too bothered by the weak setup, im only doing it to get familiar with mining.

that said though, 5 blocks a day sounds delicious

>>1520147
This is my first time mining. I only get 5 on good days when my computer doesn't shut down.

>>1520123
Multi trillion market cap

Praise kek

How many of you New Hampshire residents are going to follow your license plate's advice and kys?

watch xmr this weekend. gonna be popping off holmes.

>>1520514
Yeah. To its death

>>1520514
chill, shill

>>1520515
>>1520517
lol we'll see

I want in on the group. Tried going through that link you posted but it was expired. I have 13ish bitcoins, few months of trading knowledge.

>>1520547

Don't bother wasting your time.

>no noob info in the OP

Somebody tell me about this magic internet money in a way my plebeian brain can understand.

>>1520515

/gmaxwell

How the fuck do you read Diem charts

>>1518613
>ELITE GROUP
>TRADES CRYPTOS

HAHAHHAHAHAHA

So guys do you think XMR will challenge the 0.19 resistance?
>>1520743
>3satoshi
You don't.

>>1520147
i got an i7 which pulls about 5000 kh/s in pascalcoin, but is it worth the power draw ? When can i expect to get any value out of mining pascal ?

>>1520547
99% of those trading groups are scammers dumping on you. I am 100% they fit that description

>>1520906

You got dumped on mad hard one time, didn't you? Just because the group who did it to you fucked you up, doesn't mean you slander ours. Also you're a fucking idiot for getting dumped on.

>>1520795

It's a real shitshow in there. Check out "Ian," who is the group's main "pro."

You should join just for the laughs.

>>1521006

What? You've never been in the group

>>1520996
top kek
I have never been dumped on, and the only group I am in actually makes everyone involved mad dosh. Seems like you are projecting quite a lot, and are part of that group of NEET losers. Take a deep breath and kys poorfag

>>1520852
My roommate and I think so

Siacoin or decred fellas? If you had to pick one
I'm leaning siacoin but I think decred might come back
Also, any news on pascal? I'm sitting on around 1500 coins now, still mining in background

>>1521249
Why those two specifically?

>>1521263
I'm mining eth on my gpu now and the miner supports dual mining with no drop in eth performance, so why not
Looking at charts I think decred is a better shot, but they're both shit so I really don't think it matters too much.
Just wanted to see if one looked better for making money down the road

time for EXP

>>1520713
Just buy Ethereum, you'll be fine.

Proof of Work vs Proof of Stake

Which is better?

>>1520713
Bitcoin is an open source, decentralized, online currency.

It was created by an anonymous person known as Satoshi Nakomoto.

Regular currency has 3 parties - The buyer, The Seller and The Bank

Bitcoin only has 2 parties, the buyer and the seller.

This is because the 3rd party, aka the bank, is replaced by a public ledger.

You do not need a bank account to own bitcoin, you just download a bitcoin wallet which has a private key and a public key.
You can generate unlimited amounts of public keys (or public adresses) that you can give away to people, without any risk. These other people can send you bitcoin through this public key.

Only you have the private key, if you lose the private key, you lose your bitcoins.

There are multiple ways to store bitcoins. In exchanges (dangerous), software wallets (ok), paper wallets (on literal paper) and cold storage, aka offline (safest)

Altcoins or alternative coins, such as ethereum, trumpcoin, litecoin, are derivatives of bitcoin. There are hundreds, some offer real new benefits and big changes in the source code, while others are merely pump and dump copies.

You can make money with crypto currency speculation in online exchanges.

Bitcoin is inherently deflationary, there is a maximum amount of 21 billion that will be '''mined'', Mining is nothing more then running the bitcoin core protocol on your computer, which verifies the transactions of other people. The more hashing power the more transactions you can verify, the larger the chance you're block of transactions will be accepted into the blockchain resulting in you receiving 12.5 Bitcoins. (this amount is halved every 4 years.) miners also receive transaction fees. Bitcoin mining is not profitable anymore unless you got really cheap electricity and gigantic warehouses full of computers. But you can still mine other cheap alt coins.

This is a summary of what I know so far after a week or so being learning what this crypto hype is all about

what a punchable, smart young man
https://www.youtube.com/watch?v=TDGq4aeevgY

>>1521484
Proof of Work.

Proof of Stake is dumb as anyone who actually uses their coins is punished.

I think Bitcoin will gradually be brought down by government regulation. Bitcoin is never going to become a currency in a sense that it will value will be based on bitcoins instead of greenbacks. This is because of the powers are behind our current financial system. However, the blockchain technology it uses will live on in many applications and programs. Just my opinion, tho

>>1521500
this dude looks like he hasn't left his mom's basement in a decade

I have this sadistic fantasy of bringing down the whole blockchain technology, just to see the amount of butthurt it'd create, but I know my intellect is too low to achieve this.

Somewhere I feel that people WANT this to be the Internet 2.0. It's an unnatural tendency, it's like the first thing that was revolutionary is being grabbed by all kinds of enthusiasts who want to experience an event similar to the Internet revolution, they want it so badly that some are showing delusional tendencies.

However, in the meantime, it's a perfect tool to make money off- and I'm talking greenbacks.

>>1521501
Normies will never accept Bitcoin because muh waste of electricity. PoS means 100% clean, sustainable, eco-friendly cryptocurrency.

>>1521530
>Normies will never accept Bitcoin because muh waste of electricity.

Hardware will only become more efficient as time passes.

>>1521533
The whole point of PoW is that it must be difficult for the hardware that is currently available, so it will just scale with the hardware.

>>1521535
>The whole point of PoW is that it must be difficult for the hardware

That has nothing to do with the amount of electricity it uses, though. That's just referring to the mining difficulty in attempt to fairly distribute the coins.

>>1521511
Bitcoin will be an asset that can buy shit like a currency. Other coins will take on different use cases as the technology progresses. Either way the technology has still a long way to go. If you invest in BTC now, expect a great ROI in 10 years, not in 10 months.

>>1521484
I don't get what's so great about PoS. Isn't that what the current banking system relies on essentially?

how much will pascalcoin be exchanged for?0.0001 ?0.00001

>>1521708
Well that depends on when the wallet does not look like shit and when the currency can actually be exchanged without having to give the person the account the coins are in.

>>1521719
>when the currency can actually be exchanged without having to give the person the account the coins are in.
why would you ever move accounts? it takes longer you know

buy STEEM it's going to the Moon!

Nothing else matters except ripple

>>1521006
Don't talk shit on Ian, he knows what he's doing.

>>1519886
https://coinmarketcap.com/currencies/cryptographic-anomaly/

It hasn't even begun yet
Check their website

This coin has one of the lowest market caps because of some inactivity and one of the people who run it is a Poloniex staff member.

I found a Bitcoin dice game and you can play it for free if you don't want to deposit - gives you 200 satoshi everytime you play: https://primedice.com/?c=adb4dz
Do you guys know any other gaming or betting site that use BTC? I'm curious about sport betting or poker especially!

>>1522195

Here's the site I use for poker

https://swcpoker.eu

If you put in "Showerhead," in the referred by option you get a bonus.

>>1522262

Also in the bonus code option type in SEALS500. The bonus code may be expired but the other one I know works.

>>1520104
http://www.coindesk.com/global-banks-blockchain-payments-network/

>>1522262
>shilling your referral and making it look like a "bonus code"
kys

>>1521514
>this dude looks like he hasn't left his mom's basement in a decade

Vitalik will make us nerds wealthy with his code and vision.

>>1522407

I actually don't get anything out of it because I am not part of the affiliate program but I know you get a bonus in krill when you start playing.

>>1521995
I believe. Any idea when this is coming?

>>1522585

I really wouldn't buy into it. The OP of the bitcointalk thread hasn't been on for almost 2 years and "their," new website isn't posted from the OP, just some guy who isn't part of the project. Could be an elaborate pump scheme lol

>>1522585
Its already up +40% there's still time to get in though

>>1522880
There are 2 bitcointalk threads and there is activity on their github and facebook

TO EVERYONE WHO WANTS A SOLID BITCOIN POKER STRATEGY

http://pastebin.com/m8vBBLhd

>>1521995
CGA is gonna be huge.

Get in iconomi while you can, same team that pumped Lisk.

http://iconomi.net/

8-10x easily when it hits polo

https://bitcointalk.org/index.php?topic=1587736.0

shoutouts to the XMR shills
shoutouts to the fucking dunce that told me XRP was dead
shoutouts to me for not believing him

Seriously think i'm done with crypto, just a bunch of shills trying to get your money

when can I sell pascal

>>1523462
now I'm trying to figure out how to become the shill
doesn't seem hard these guys aren't even convincing, and they dont put any thought into who they're shilling at

XRP ready for moon nao

1. OP buys a shit load of crap coin when its low.
2. Recruits retarded NEETs into his "elite" pumping group.
3. Promises them riches if they purchase said crap coin.
4. They do, the price rises due to increase demand; OP dumps his stash.
5. He profits, NEETs are now new bag holders; Price crashes.

This is the same scam that Bobsurplus was running on Bitcointalk for years.

Any questions?

Also, I was an early adopter, technologist, developer, and investor so if anyone has any genuine questions about this industry I can give some tips.

>>1523506

Nailed it.

ok guys, so I understand the whole crypto thing, but im still new to the idea behind the market and all that
I understand the basics, but I really want to learn more about, idk, market theory? like how to predict what coins will do well and which ones wont, when coins are going to go up and all that
where can i start reading to learn more about this? what even is this called?

>>1523468
guys

>>1523523
also interested
sitting on 2000 or so myself

>>1523523
>>1523525
There is a buy/sell thread on bitcointalk.
Other than that we are waiting for it to hit polo.

>>1523521
>>What is trading
>Please spoonfeed me!
Fuck off

>>1522262
What's the best bitcoin poker site?

I'm from poortugal and online poker has been made illegal due to government shenanigans. BTC-based poker seems like a great alternative.

Is it possible to buy bitcoin without uploading my ID?

>>1523925

If you want to play against people then SWC poker for sure.

>>1523506
this

Is there anyway of buying 2k€ worth of btc without giving away a shitload of personal info?

Coinbase is asking me even for a bank statement and social security number, just to apply for the chance of maybe having a higher deposit limit.

How do I into cga mining. Shit looks liek it's really going to take off, especially with the "big announcement" next week

>>1521249
Sia got a 750k investment in the last couple months

>>1524015
yeah meet me irl and give me cash, I'll hit you with the
>sent ;)
as soon as I get home

>>1518702
Its almost too late to get on the cga train

>>1523468
You can sell your accounts to people looking to buy them, but you're better off waiting until after october when Pascal is officially released.

If I wanted to exchange paypal for BTC, how would i do that? I tried virwox but it said my paypal is unverified. I tried to verify it but it needs my ID or social.I Did that but it said it is invalid. Any other way? I can receive and pay though. My bitcoin account is on coinbase and its ready i guess.

>>1524410
I think you'd go Paypal > Bank > Coinbase

>>1523462
Implying everyone everywhere isn't doing everything they can do get your money, welcome to the real world retard.

>>1524015
Try to look if there is any bitcoin ATM near you

>>1524240
Don't go CGA. Put your money on LBC.
I have almost 5 btc invested.

>>1524410

I opened a skrill account, used it to buy lindens on virwox, then traded them for btc. Maybe not the most efficient way to do it but I'm outside the USA

>>1524757
> 5 btc

/r/ing the picture of current/recent bitcoin distribution. also if anyone has any pictures of mining setups

>>1524205
Sia is a shitcoin with lazy, inexperienced kids running the show. No real community or support. the coin has halved its worth since the start of summer and cant keep any pumps. There are better cloud storage coins out there.

Can someone help me get comfortable with bitcoin. I keep reading left and right about people losing, accidentally destroying bitcoins. People who own bitcoins die with the coins never to be recovered. Since bitcoin has a cap at 21mil how long till people lose so many coins till the currency just gets dropped as too flawed for long term use. I feel like it will be within our life time. This whole thing is new to me so I apologize if im being retarded.

>>1525376
No shit son, altcoins are there to take bitcoin's spot when that happens.

>>1525376
90-95% of bitcoin trading is currently done in china through chinese companies, which you can only access if you're chinese and have a chinese bank account.

How do people think Bitcoin has a future outside of china?

>>1525399

That and the chinese miners are either corrupt or retarded.

Daily Tip: $DCR - buy the dip

>>1525242
you mean multiple kids from MIT working day and night, coin being up 20x since the start of the year?

>>1525407
The real question is whether this is a double bottom with a reversal or just the continuation of a long bear - after all the lows have been getting lower with every drop for weeks now.
and there has been no reversal signal yet.

>>1524911
Hey, It's a lot of money for young neets!
Seriously, look at the tradingview shills: https://www.tradingview.com/chart/LBCBTC/

They are pros right?

>>1525399
wrong, most bitcoin mining is in China because of lower electricity costs and therefore higher profitability, not trading you damn imbecile
>>1525404
>corrupt
proofs?
>retarded
proofs?
>>1525383
altcoins can never take bitcoin's place anon. They will serve some purpose, some particular niche, but they'll never be a store of value the same way bitcoin is

>>1525242
You dont know nuffin idiot

http://fortune.com/ethereum-blockchain-vitalik-buterin/

>>1525415
None of them are from MIT you fucking idiot, they just hosted an event there. One of them interned for Microsoft and that's about it.

Oh yes a pump that's less than of half of what it used to be and contiunally falling. Grip those bags tight lad, going to be a bumpy ride.

>>1526443
Those reasons are why it's insanely cheap. But i think it will be a reasonable success so i think 80sats is a good price right now.

>>1525242
I'm not saying it's the Holy grail of alt coins but I think all the storage coins have potential

>>1526534
>>1526545

>storage coins need to cost less than storage alternatives in order to be a viable solution
>coins need to cost less than storage alternatives
>coins need to cost less
>need to cost less
>cost less
>less

storage solutions are pretty cheap right now. blockchain storage would have to be cheaper. why would siacoin ever be worth a lot?

>>1526577
They can easily adjust the exchange rate/price for storage capacity. It's one of the advantages for using a crypto.

The price of the coin is completely irrelevant. It functions like a market.

Hi guys.

Are you excited for the mastermind evend in Bangkok on October 1st? Can't wait to double my Onecoins and become rich.

>>1526659
Thats pretty gay dude

Ripple is the only coin that has real world use being implemented.

Ita being partnered and invested by big time banks, and companies that run banks transactions

A group of banks created a comity to set rules and regulations regarding this

More and more banks to use ripple

How is it that all these coins with pipe dreams ,no real world use, and fantasy ideas, things only meets know or care about pump the way they do ,but this coin that will be the NWO of coins resists ?

I need my tin foil

>>1526818
uhhhhh...no...Ethereum also has banks using it now too.

What is the most profitable CPU crypto?

>>1523933

yes. start a skrill account, deposit funds with credit card, start a virwox account, buy SLL's with your skrill money, convert SLL's to bitcoin

>>1518613
Daily tip: Buy IOC and hold
Soon I/O digital will release the beta version of its big project: DIONS
Source: https://twitter.com/IO_Coin/status/781046243069947904

>>1527843
Daily tip: Buy LBC and hold

>>1527843
>IOC
> futeu chart:
https://www.tradingview.com/chart/IOCBTC/9e5EQ4oE-IOC-summer-2016-collapse/

crypto discord

https://discord.gg/Uvn4Nz9

https://discord.gg/Uvn4Nz9

https://discord.gg/Uvn4Nz9

>>1527434
Hahahahahahahaa fuck ether

>>1526609
so what you're point is they can just say "SCs are getting too valuable so now we'll just charge less SC for storage." ?
because that would lower the demand for SC and lower the price. which would then lead the market to say "SC is low again we'll charge more SC for storage."

It's function pushes it towards a certain price range forever.

>>1526443
You mean David and Luke aren't from MIT? This is going to sting a bit, but you are an ignorant retard. Yes they are from MIT. Go ask them on the slack about it. Oh and stay poor your literal moron

buy GAM.

Don't put more than .5btc, not a huge liquidity there but you all seriously need to get into that coin.

>cga
WHAT

>>1528775
this is just the beginning

>>1528786
All I had to do was listen.
I'm still not buying in, that .001980 is a peak for SURE

>>1528807
You will be sorry tomorrow

>>1528812
the downward spiral begins
get fucked CGA cucks
or I guess this makes me the cuck, since I'm the one watching you kek praising clowns get deepdicked

time to buy POTCOIN. number 1 safe investment for cryptocurrency.

BUY POTCOIN NOW

>>1528920

No it isn't. Buy in Jan and sell by April. 4/20 is a good thing for weed coins cause crypto is retarded.

>>1528934
no, you are an idiot, you need to buy now and sell by november

>>1528956
do you have a reason for saying that

>>1528961
the marijuana laws will change, always sell the news, buy the rumour now.

>>1518702
Pepe was right.. fuckkkk

Retards, buy ripple and wait , this is the best one out there period.

Good day

>>1518702
my holiness

>>1529520
And CGA was only around 100% today, not 1000% yet
CGA's website has a countdown to 4 days from now
Countdown means the price goes up, at least till it ends (like SDC did before)

>>1529539
The site:
https://cganomaly.com/

>>1529539
Yeah, Buy the top! Biz advice
Now money will flow to other coins like it did with SDC aswell.
My bet is LBC but I might be wrong

So, anyone else here come to the conclusion that Ripple is going to emerge as the only legitimate, widely used crypto in the coming years?

The other networks are just basement dweller tier in comparison. XRP is going to be used in commerce.

>>1527434

lolno

>>1528913
All you had to do was listen.

>>1529597
This isn't even close to the top.

>>1529597
LBC is a shit play man. Be careful with that one. It's still over-valued. The only reason it got recent bounces is because it made the reddit front page twice.

The price looks deceptively good, but mining is going to keep causing it to fall. There are going to be 1,000,000,000 coins in existence. That's a $115,296,000 marketcap at current prices. No way it stays this high. Miners will continue to sell and it will drop.

Any opnion on VOXELS?

it looks like it wants to break out.

guys. you need to buy potcoin its about to go to the moon.

>>1529597
>LBC
LBC is at it's bottom right now. It's only up from here lads.

NAV buy wall looks pretty interesting
pump soon?

>>1531096
buy POTCOIN!!

tfw i bought around 70 cga when it was at 0.3$ and sold them all at 0.35$.

Does anyone ITT wanna help me phish some info in exchange for BTC? I'm trying to find out if the owner of a phone number is who I think it is. It's a california area code. I want you to call and say something like "hello, may i please speak to john doe?" and see if they say "this is john doe" or say wrong number. I will pay you .01 BTC but you only get paid if you record the conversation and upload to vocaroo. If you call and it goes to voicemail you dont get shit.

>>1531346
sure man give me the phone number

>>1531348
(three one oh) 5073905

The name is Anna Juarez

>>1531355
nice. just texted her a pic of your posts. hopefully she'll know who you are and wonder why you're such an autistic faggot instead of just calling her back.

>>1531358
Well now youre not getting any BTC.

>>1531361
this was fun.

>>1528714
Shill harder nogainz faggot who hath bought shitcoins at the top. It is you who is poor and shall become poorer. Your father hath foresaken you for he hath been foresook with a faggot for a son.

Where can I get the quickest paypal to bitcoin exchange that doesn't completely rip me off? My pp is verified and everything I'm not a shady character. Only looking to exchange a couple hundred at most.

Pic unrelated

>>1531590
Man that poor kid, making scenarios in his head, still having some hopes, ...

>>1529494
There are 2 coins that will actually matter in the long term: 1) ETH 2) XMR
Maybe BTC if they get their shit together (probably not).

WTF is going on with XMR

>>1531981
It's going down. Buy potcoin

>>1531981
best i can tell, fucking bots galore trading like assholes

>>1531590
bump, ive herd of paxful but they have a bad reputation.

Which exchange will REP hit first?

noob here, spoonfeed me:
Are there exchanges that allow you to trade between coins, and how popular is this kind of trading compared to coin<>fiat? If no fiat is deposited, withdrawn or traded, do they require a ton of personal info like normal exchanges or do they let you sign up without it?

>>1532051
Potcoin is a shitcoin. XMR has actual real-world uses, it will rise again eventually.

>>1532087
You can sign up to poloniex with only an wmail address, deposit BTC and buy POTCOIN immediately

is it worth it to buy bitcoins if they dip down to 300-400 USD?

>>1532202
No, you should buy bitcoin right now for $600. Then deposit on poloniex and buy POTCOIN!

Buy potcoin today lads. I just started shilling it. It's only going to go higher over the next week or so. Buy some potcoin and join in the shilling.

>>1532600
It will only be this cheap right now. The price will keep rising over the next 2 weeks.

cga has something about a marketplace on their website

cga is replacing xmr/sdc?

>>1532202
Imo yes, but I don't think that it will go below $500 anymore

Why does yobit btc deposit take so long? It's still being processed after 30 minutes, 1/2 confirmation

How can I quickly acquire some coins to start playing around with trading? Will I get raped with fees if I start small?

>>1533286
Well on polo fees are % based so it makes no difference.
Acquiring coins takes a while depending on your native fiat currency.
Getting btc for dollars is p fast.

why are you guys promoting alt coins?

>>1518613
new to /biz/
even newer to cryptocurrency.

I read that now it's to difficult to mine bitcoins. is this true? how do you do money then?

How legit are Faucets? do they actually work? are they worth the time?

>>1533775
not worth the time unless you have a botnet

>>1533630

You're better of buying them off one of the pastebin links in the op. The mining difficulty for Bitcoin unless you're putting in a few hundred Gs at the point. You can mine other coins but I'd wait off until zcash.

Remember to mine zcash, boys.

Also buy into GAM asap

>>1533843

it's only me or links on OPs post do not work

Is XMR dumping because people are getting ready prepared to buy Zcash (or getting into ETH)?

>>1531543
my cost average for SC is 16 satoshis you incestuous twat. and my profits are going to keep going up. cry more nocoiner

ANYONE ELSE WATCHING BITCOIN RIGHT NOW

WHERE WE GOIN LADS

>>1535068
MUH XMR AND XRP

https://www.linkedin.com/pulse/amazing-business-case-potcoin-alexander-sumin

well thats quite interesting....

WHO HERE READY TO /MOON/ WITH POTCOIN? UP 19% IN 24 HOURS. PLENTY MORE TO GO!

lol XMR. plenty of bagholders are born

>>1535275
i might put a few btc in

>>1535293
I put in .08 I figured that was a small enough amount that I didn't need to worry too much.

>>1535303
hell yeah, i put in 1btc

bought at 500

>>1535275
If I can't put it on a paper wallet I won't use it

>>1535351
>implying you're meant to

>>1535351
of course u can, any crypto can be made in to a QR code or paper wallet you silly idiot.

>>1535550
I format my phone every day. Anything longer than 24hrs needs to be on paper

>>1535576
Is it required for your line of work or location (China or other spy heavy places)? I don't want details about you, but pic related as to formatting erryday

>>1529655
Yes

>>1529655
I agree but I think in the short term we are going to see a lot of really big ups and downs

I told you stupid cunts to buy potcoin, some of you didn't and are missing out on the action. POTcoin will pump for days and days.

buy some or stay ridiculously poor.

cga is going to be the new xmr on Monday

That's why xmr is being dumped and cga accumulated

>>1535629
Yeah. Work. Its really not bad, cyanogen is just fresh every day. No WiFi or Bluetooth modules loaded, cell network only. I also use laptops with no hard drives and boot isos from a USB stick

What is the best exchange to short BTC on (if there even is one) ??

>mfw bought a bunch of different altcoins to spread my risk
>right before the altcoin market takes a dive

Well, then. At least my CGA is doing well.

>>1535812
>he didn't buy potcoin

>>1535819
too late to get in on the potcoin action?

>>1535825
no definitely not.

>got small profit on alt coins
>waiting 'just a bit more' before taking profits
>dive happens

>>1535936
also buy folding coin, its about to be pumped again.

>>1534116
>"and my profits are going to keep going up. cry more nocoiner"

Says increasingly nervous man for the seventh time.

why are we dumping alts

>>1536279
Because bitcoin is raising to the moon $1 at a time

But it is coming up on a Chinese holiday week, maybe they are pulling out to stablecoins while away?

>>1536279

Because we're not feeling like putting in more fiat.

>>1536353
>>1536284
My actual meaning was "why is bitcoin at $615 and rising?"

>>1535800

http://pastebin.com/JrLFGS98

Best leverage trading site for BTC/USD and a 20% deposit bonus.

Where the fuck do I even start to learn this

>>1533920
ain't nobody worried about zcash dog. monero is far superior tech and devs to zcash. zcash might be a good investment, but it will not overtake monero in market cap long term.

>>1536784

Aluna's guide in OP.

>>1518640
i developed software at a bitcoin payment processor and head a chapter of the blockchain education network at my uni, where can i apply?

Any ideas about how could a government regulate(tax) over bitcoins transfers inside its jurisprudence?

>>1537093
Yeah they could change tax code to "regulate(tax) over bitcoins transfers" whatever the fuck that means.

Then when thousands of people inevitably didn't follow the tax code they would start auditing people. News of people getting busted would cause widespread cooperation and self-reporting.

>>1537098
I'm talking about how to do it, ain't so simple, the absence of a third-party and the cryptography makes a lot hard to regulate

>>1537104
it is that simple. that's how they would do it. they absolutely have the resources to track down bitcoin transactions and would do it if they thought it was worth their time i.e. laundering millions.

>>1525242
>Sia is a shitcoin with lazy, inexperienced kids running the show.
MIT guys are inexperienced?

>No real community or support.
They have a decent community, just not a lot of activity.

>the coin has halved its worth since the start of summer and cant keep any pumps.
I bought a ton at 1 million worth and it's fine at where it is. They're going to release a 1.02 tomorrow with most of the bugs fixed.

Sia got funding by Vitalik's group, the boss of yunbi and a bunch of other guys.

What better cloud storage exist?
Maid? That'll never get released because they have eyes bigger than their stomach.

Storj?
They'll devalue their coin ten times.

There are no better cloud storage coins out there.

>>1526443
They are from MIT. What are you talking about?

>>1526577
>why would siacoin ever be worth a lot?
The more storage it gets, the more it's valued.
The way sia works is by contract. It freeze coin circulation by locking how much storage you are renting our for more than a month or more. The more people use storage is locked, the more it gets its value.

The coin doesn't cost less than storage alternative, it's the amount of storage that cost less. You have it backwards. Right now the lowest cost for storage alternative is dropbox at 9,99$ TB/ per month. Sia is selling at around 3$ TB per month.

The siacoin only affirms the contracts. The only reason it cost less is due to the amount of total amount of coin available.

>>1528421
>they can just say "SCs are getting too valuable so now we'll just charge less SC for storage." ?
No one can say anything. The devs have no control over the value of sia and how much storage is worth. The free market will decide.

got a question about poloniex

if i place a buy/sell order, will it go through even if i'm not logged in anymore?

say i placed a sell order, will it still sell my coins when it reaches the price i have specified even though i'm logged out?

>>1535819
>>1535825

good thing i do the opposite of what you retards say

>>1537386
>if i place a buy/sell order, will it go through even if i'm not logged in anymore?
Ye
Of course. Orders on poloniex are all good-til-cancelled.

>bagholding 1800 LBC since 0.000295
Fugg boys.

>>1537388
haha, stay poor faggot, you think this potcoin pump is over? no, i said the 5th! the 5th of october. do not miss out, it will be to your own financial detriment.

>>1537426
>1800
> xD

>me
>Bagholding 22k LBC since 2300,
>doubled down at 19k and 17k

>>1537506
H-how have you not jumped off a bridge yet?

>>1537511
>>1537426
POTCOIN

buy it now, we're going above 1000Sats, and after that the sky is the limit. or rather the moon is the limit

>>1537321
bro you're talking nonsense. if siacoins are all tied up in contracts people are gonna use dropbox for 9.99 instead of pay more for siacoin because supply and demand. do you understand yet? siacoins can never be worth a lot because of the competition.

>>1537550
You don't make any sense.
Why would people use dropbox if if sia sell the same product for less?

>if siacoins are all tied up in contracts people are gonna use dropbox for 9.99 instead of pay more for siacoin because supply and demand.
You don't explain why that's the case. If sia has storage to give, people will gravitate to the product that sells it the cheapest.
Would you pay 30 $ per TB/month with amazon S3 or 9,99 per TB/month with Dropbox? Or would you go with Sia at 3$ per TB/month?

The contract are required so that people who offer storage will be paid ONLY at the end of the contract period. This is why siacoins are needed. You aren't explaining why simply having contracts will make the market gravitate towards a more expensive product if sia can deliver the demand.

Dropbox was not worth 10 billion in a year.

>siacoins can never be worth a lot because of the competition.
Says who? Sia knows full well that it is fighting the competition. Which is why it offers better security at a loser cost than the competition. You'd probably say that no one would ever want to put their data on people's computer but that'll change once it becomes more accepted and known.

Viacoin going to moon in next week or two

mark my words

>>1518643

Your owner sounds like a cunt. Guess it's like a crypto guild where everyone tosses the guild master's salad or plays the rusty trombone of the higher ranks.

>>1537628
no sir, potcoin is still the name of the game, time to get back on the potcoin train m8

>>1518613

Hey man, I've been training hard for this tryout for your group. Eating raw eggs, salad, cycling, steam room, the occasional dumbbell.

Sometimes I'll suck a cock or two.

I'm ready to join the fags, Coach.

Sorry, because you probably get questions like this everyday. Is cryptocurrency something that an average person should worry about? What's the difference between Bitcoin, Etherium and others? What's the best way to get into it?

>>1537876
1. no
2. bitcoin is the original, the others are copies that purport to add originality but universally fail, but are still highly prized on /biz/ for their pump-and-dump-ability
3. trading or technical?

>>1518613

I thought crypto was dead. Around 2 years all the exchanges started closing to "go into other businesses".

>>1537880

This.

>2. bitcoin is the original, the others are copies that purport to add originality but universally fail, but are still highly prized on /biz/ for their pump-and-dump-ability

Very much this.

I also want to add that if you are in the US and don't know the tax consequences, you might want to avoid fucking with it.

>3. trading or technical?

2 years ago fees pretty much raped real-time trading. Long term moves and cross-exchange arbitrage were the only way to go.

As far as mining - I am guessing the only people still profiting for it are those that got in early and constantly re-invested into rigs.

>>1537881
>>1537887
you are a collossal faggot.

buy potcoin

XRP to make a comeback? seems to be volume on polo now for some reason. just dumped my LSK for it. #yolo

>>1537624
You're argument for increase in value was that the supply of available siacoins would be lower than the demand because they're tied up in contracts. Siacoin either goes up in value because of the supply shortage or storage costs less siacoins. If the price goes up in value to the point where it would cost more to buy enough siacoins than it would to use a competitor, no one will buy the siacoins. If it takes less siacoins to store, siacoin value hasn't gone up so your investment is shit.

Your post right here>>1537624
is absolutely right and agrees with my point that the coins will always be cheap.

>>1538099
>dumping one shitcoin for another shitcoin.

should have just bought POTcoin like a normal person.

>guess correctly last night and go all in on Monero
>it dips below my stop before it rises
REEEE

>>1537637
>>1537905
>>1538157
kys kid

>>1538117
>If the price goes up in value to the point where it would cost more to buy enough siacoins than it would to use a competitor, no one will buy the siacoins.
Siacoins can go in decimals. The more storage is available, the more coins are used to make contracts.

If it takes less siacoins to store, that means the value of siacoin went up and your investment was good. I think your problem is you think there can only be entire siacoins available.

There are billions of siacoin, so it would never cost a lot to aquire a single siacoin. For example, it would take a market cap of a couple billions for a single siacoin to be worth 1$.

It will never ''cost more to buy enough siacoins than use a competitor''.

>>1538157
bagholder detected

NEW THREAD

>>1538878

NEW THREAD

>>1538904

>>1538352
no I know about decimals dude come on now. is your argument that you should buy siacoins and use them to store things? because then I agree with you.

I'm saying it's stupid to buy them and think they'll ever be worth more than 200 satoshis. That's my whole argument.

>>1539132
>I'm saying it's stupid to buy them and think they'll ever be worth more than 200 satoshis
And you don't make any argument other than it'll never be worth that much just because.