Recent Posts

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Professional Sports / Re: Playoff NFL
« Last post by preppoker on February 04, 2018, 10:20:45 PM »
GG nokeboy. Shoot me your email and I?ll send in the next while. Travelling at the moment so apologies if there?s a 24h delay
Professional Sports / Re: Playoff NFL
« Last post by #MAGA on February 04, 2018, 02:35:59 PM »
Maga owes me $50
ROM owes me $200

SuperBowl LII Offer

Phil +4.5 up to $200

Ill take NE -4.5 for the 50 I owe you
Everything Else / Re: Using Bitcoin
« Last post by preppoker on February 03, 2018, 05:08:47 PM »
Joe pretty much hits it bang on.  Although I think the flow of money is a little different and I think we see a BTC pump before ALT season again. Also don't know if I agree with the flippening happening but it very well could. 

Being in Australia recently I'm seeing way more time fluctuations to the market and with some TA and understanding the cycles I think there's still a decent amount of money to be made in just trading. 

Also bitmex about to open up margin trading for NEO   :D :D :D :D.

In general , not worried.  This is a little low undoubtedly but it's a huge amount of market manipulation.  What I hope it doesn't do is fend off people from entering the market because some people bought BTC above 10k or w/e.

Professional Sports / Re: Okie/Nikeboy IX
« Last post by okie77 on February 03, 2018, 02:30:26 PM »
Eagles for Okie
Professional Sports / Re: Okie/Nikeboy IX
« Last post by nikeboy on February 03, 2018, 12:19:19 AM »
Final game of the season to wrap up season IX.  Where did the season go?

SuperBowl LII

Philadelphia Eagles +4.5 @ New England Patriots
Professional Sports / Re: Okie/Nikeboy IX
« Last post by nikeboy on February 03, 2018, 12:17:46 AM »
Current Standings

Okie  55

Nike  47
Everything Else / Re: Using Bitcoin
« Last post by The Loose Goose on February 02, 2018, 02:55:00 AM »
Well I think its the ebb and flow of financial markets.  Take a major index like the S&P 500 and scale out to the last 25 years on monthly candles.  You see rise, fall, and rise again.  Bitcoin and crypto for that matter follow the same cycles, just way, way faster.  Bitcoin ripped up insanely fast, basically from 5400 to 19500 in a month.  So now its 'dead' because its retraced most of that move.  Right.

There is a ton of garbage floating around, most of which comes from mainstream media but social like twitter are equally dumb.  In my opinion, there really hasn't been a significant event that has taken place to cause true panic.  I think something to keep in mind is this is the first widespread financial asset that retail investors were able to get in before big institutions.  Institutions don't like to buy tops so the best thing they can do is use there influence (government and media included) to create fear to cause retail investors to sell their positions.  The crying is starting to intensify, which is a good sign that we might be coming to the end of this correction.  There are a lot of charting reasons to suggest we should hit the bottom in the 7,500 to 8k, but of course you never know what it's actually going to do.  Personally, I found this correction deeper and longer than I expected.  Don't worry, once Btc is in full pump mode again, Bloomberg and CNBC will be talking about 1M bitcoins again.

In my opinion, the tech is as good as it's ever been.  Lightning network is operating on the mainnet and is progressing better than expected.  I believe the next Bitcoin pump will be hyped around it's adoption.  The way I see it is big players will create Lightning factories (layer 3) on top of the lightning network (layer 2).  These factory networks will have scaling advantages but I'd rather not get into.  Anyway, imo its very bullish because this could cure the complaint that btc can't be used for payments, fast and cheap.

What's happening with price right now is predictably seasonal, although it's never always the same, that would be too easy.  When institutions are setup long, I'd imagine we start the climb back up, to new highs.  I hate spitting out numbers but a 50k bitcoin at sometime this year makes sense to me.  First though, I think altcoins get their run.  We saw some increases in Mid Nov to Early Jan that have since stalled.  I believe this was the warmup.  Etherium looks like it's leading the charge and will likely overtake Btc momentarily in marketcap.  The peak of its pump will probably time with the release of Casper.

I wouldn't get too attached to altcoins though if you decide to buy/trade them.  The season won't last too long, maybe end May or early June??   Once the majority of coins have done their full market cycle pump (like Xrp and Xlm did recently), that marketcap will pile back into Btc.  If this is something that interests you, you have to pay attention to the graphs.  Coins like XRP, XLM, and a few others have already done their move for the year imo. 

It's all a game at this point.  Highly manipulated and without much regulation or objective 3rd party information source to help you filter out all the noise.  The one thing that's clear to me is crypto is here to stay and as a whole will continue to grow exponentially year by year.

Regarding tether.  I mean the subpoena stuff is nonsense.  No jurisdictional authority and so on.  There is a true concern would be if tether truly isn't backed 1/1 with usd.  If this was the case and there was a bank run that couldn't be paid out, ouch.  That would be a setback for crypto.  Many traders/investors use this coin to fend off price volatility without having to get money into banks (timing and maybe privacy inefficiencies as well as cost factors like cap gains tax. 

There are some interesting stats around the timing of the new issues.  As well, if Bitfinex was having exchange off ramping issues with banking, how did they procure 2b worth of backed tether?  The source would be the same.

Having said all that, I can't say why, but I am close with someone involved at the corporate level, he says its all nonsense and they have their reasons for not divulging the banks and amounts to the public.  Gives me some hope because he shouldn't be lying to me (long story why).

So, if you are not yet in, buying btc imo at around the 8k range has to be considered a good thing.  In general, do the opposite of what the media and everyone around you says 'buy when they cry, sell when they yell' .. my 2cents
Everything Else / Re: Using Bitcoin
« Last post by GroovyT on February 01, 2018, 06:14:55 PM »
I'm interested to hear an update too.  Good info here.  I'm been looking all over YouTube and wow there is a lot of garbage.  I know nothing but can tell it's garbage.

What would your suggestions be if you're just hopping in now? I basically get it.  I have the accounts I need almost setup.  Pretty fascinating.  Interested to hear what you guys have to say and appreciate any info.

Do you think there is any validity in the concerns over Tether right now and it potentially dipping the entire market soon?
Everything Else / Re: Using Bitcoin
« Last post by EEZEE on January 31, 2018, 11:32:15 PM »
Interested to hear from Joe and Pat regarding the outscope of 2018 given the Bull December and Bear January
Professional Sports / Re: Playoff NFL
« Last post by nikeboy on January 29, 2018, 03:31:47 PM »
Whoa wtf I want this! I didn't see it dont come on here much anymore. 

I guess ill just take the $150 from Nike when it comes thru

You snooze you lose?

You have the ML adv so I'd not be lamenting....
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