Let's talk about Bitcoins BG, We're doomed!!! The Sky is Falling!!!!!

**tyven** · 2018-01-02 18:04

Originally Posted by archibaldcrane

You have to do shitty math

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this was my greatest fear

**archibaldcrane** · 2018-01-02 18:18

Originally Posted by tyven

this was my greatest fear

I trade in ETH so I have to do shitty math just to talk satoshis with my frens

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**tyven** · 2018-01-02 18:46

its so fucking wild to watch these coins retain their value against the dollar but drop against BTC. XLM @ 3700 is (barely) more valuable than it was at 4000.

**BerenTebogo** · 2018-01-02 19:05

Originally Posted by tyven

its so fucking wild to watch these coins retain their value against the dollar but drop against BTC. XLM @ 3700 is (barely) more valuable than it was at 4000.

That's arguable at this point. Soon that will be an easy statement, but there's only so many exit coins back to fiat currency currently. This means that if you were to trade back to ETH / BTC to exit out you might not retain as much as you think. This is currently why it's best to use sats or eths as a measurement.

Luckily, XLM (Stellar) is going to be the major platform for fiat <-> crypto on the go, all coins. Even more reason to back it!

**Fondue** · 2018-01-02 19:29

I'm still having a hard time understanding how any of these crypto coins will be useful for anything when they are so volatile?

**archibaldcrane** · 2018-01-02 19:36

Originally Posted by Fondue

I'm still having a hard time understanding how any of these crypto coins will be useful for anything when they are so volatile?

Anything other than illegal drugs and hitmen you mean?

(I don't understand their value add either)

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**BerenTebogo** · 2018-01-02 20:00

Originally Posted by archibaldcrane

Anything other than illegal drugs and hitmen you mean?

(I don't understand their value add either)

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The coins are both the currency and the funding instrument for the tech. Most of the tech is about cutting out the middleman.

My favorite example is POWR. It's one of the more "moonshot" ones but it's already up and running in three countries.

How it works:
https://tge.powerledger.io/media/Pow...teractions.pdf

https://tge.powerledger.io/index.php#apps

**tyven** · 2018-01-02 20:02

Originally Posted by archibaldcrane

Anything other than illegal drugs and hitmen you mean?

(I don't understand their value add either)

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let us not forget about sex slaves

**thetruepandagod** · 2018-01-02 20:20

Originally Posted by SathFenrir

The coins are both the currency and the funding instrument for the tech. Most of the tech is about cutting out the middleman.

My favorite example is POWR. It's one of the more "moonshot" ones but it's already up and running in three countries.

How it works:
https://tge.powerledger.io/media/Pow...teractions.pdf

https://tge.powerledger.io/index.php#apps

Have you looked into ZRX yet? It's my best guess for one of the 1000% gainers of 2018.

**BerenTebogo** · 2018-01-02 20:23

Originally Posted by thetruepandagod

Have you looked into ZRX yet? It's my best guess for one of the 1000% gainers of 2018.

I'll check it out. 1000% on 88 cents already seems a bit much lol.

**thetruepandagod** · 2018-01-02 20:26

Originally Posted by SathFenrir

I'll check it out. 1000% on 88 cents already seems a bit much lol.

ay man, eth was 8$ at the start of the year and only 90cents when I had bought it a year earlier.

**Fondue** · 2018-01-02 20:42

WAKEY SNAKEY

**archibaldcrane** · 2018-01-02 20:42

Originally Posted by SathFenrir

The coins are both the currency and the funding instrument for the tech. Most of the tech is about cutting out the middleman.

The middlemen often add a lot of value though. I get a thousand dollars at least in credit card rewards per year. I just had 7k in fraudelent activity on my business checking account that my bank is taking care of no problem.

I don't see what transaction I'd prefer to use crypto for.

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**tyven** · 2018-01-02 20:47

Where is this XLM pump gonna stop? I'd like to set a limit before i go to bed. pls help. I had it at 4400 and removed which I am siked about but can it approach 4600?

**archibaldcrane** · 2018-01-02 21:30

My XLM is up like 25% in the past 7 hours, pretty nice. I don't think it's "pumping" really, the reddit is pretty damn calm tbh. This doesn't feel like Verge where anticipation of a particular event is driving the price up.

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**Salodin** · 2018-01-02 21:34

God I hope it crashes overnight so I can buy some more. Sorry fam!

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**archibaldcrane** · 2018-01-02 21:35

Although this probably didn't hurt lol

https://www.cnbc.com/amp/2018/01/02/...r-stellar.html

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**archibaldcrane** · 2018-01-02 21:42

Put in a limit sell for another 10% above where it is now just in case.

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**Salodin** · 2018-01-02 21:46

Originally Posted by Salodin

God I hope it crashes overnight so I can buy some more. Sorry fam!

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I take this back. Just broke 50% profit since i started less than a month ago and now I'm considering quitting drugs to invest more. Who knew blockchain was my antidrug?

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**BerenTebogo** · 2018-01-02 21:51

It just broke out hard downward. Good entry times coming probably.

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