ESOC Crypto Corner

[Snuden]

Just checking in (pre-kebab) to display my utmost respect and admiration for the good folks that came up with the PoS (Proof of Stake) concept.
Look up some YouTube videos about Charles Hoskinson and the Ouroboros PoS blockchain protocol. Invest accordingly.

PoS is also the last thing my ex gf called me before she left.

[Laurence Drake]

I'm long on this for the next five years. Bitcoin is going all the way to $1 million, $10 million even. I'm going to be rich!!

[fightinfrenchman]

Yes it's time to invest

[deleted_user0]

I'm long on this for the next five years. Bitcoin is going all the way to $1 million, $10 million even. I'm going to be rich!!

Yes euphoria stage has hit. The bubble will burst may 2019z

[Gendarme]

[Gendarme]

@Snuden Funnily enough, the lack of arbitrage is what's biting me in the ass at the moment. I see that shit's going up on GDAX (that's what I follow because of the amazing UI) so I buy on Bitfinex, and shit drops on Bitfinex while not dropping on GDAX. Lmfao.

[Snuden]

https://www.onehash.com/category/e_sport

E-Sport and E-Currency in one beautiful symbiosis. A truly E-Win - E-Win situation.

[Goodspeed]

@Snuden Funnily enough, the lack of arbitrage is what's biting me in the ass at the moment. I see that shit's going up on GDAX (that's what I follow because of the amazing UI) so I buy on Bitfinex, and shit drops on Bitfinex while not dropping on GDAX. Lmfao.

Why are you daytrading cryptos though

[Laurence Drake]

@Snuden Funnily enough, the lack of arbitrage is what's biting me in the ass at the moment. I see that shit's going up on GDAX (that's what I follow because of the amazing UI) so I buy on Bitfinex, and shit drops on Bitfinex while not dropping on GDAX. Lmfao.

Why are you daytrading cryptos though

Why aren't you?

[Goodspeed]

Rampant price manipulation and general unpredictability

[Snuden]

Rampant price manipulation and general unpredictability

= bucket loads of profit.

[Goodspeed]

... if you're lucky

[Snuden]

Funny thing is that the more observant I am, the luckier I get.

[deleted_user0]

Rampant price manipulation and general unpredictability

it's actually surprisingly easy to spot the indicators if you know what to look for. the hard part, and i guess that's where most people go wrong, is to control and ignore your emotions of greed and fear.

[Goodspeed]

I take it you're a millionaire now, then?

[Goodspeed]

Ripple anyone?

[gh0st]

Rampant price manipulation and general unpredictability

it's actually surprisingly easy to spot the indicators if you know what to look for.

its really not actually, if you trade in short time frame (daytrade). The algos are so fast and advanced now a days plus so much manipulation resulting in insane volatility.

[Snuden]

Rampant price manipulation and general unpredictability

it's actually surprisingly easy to spot the indicators if you know what to look for.

its really not actually, if you trade in short time frame (daytrade). The algos are so fast and advanced now a days plus so much manipulation resulting in insane volatility.

I'm not saying you are wrong or right, but how the freaking hell can you say Umeu is wrong, when all he's doing is stating his experience.

[Laurence Drake]

He's wrong because cryptocurrencies have no fundamental value so there are no 'indicators' besides the arbitrary price fluctuations that speculators choose to interpret as patterns

[Gendarme]

Arbitrary doesn't mean random though.

[milku3459]

[Laurence Drake]

https://www.ft.com/content/3fa91346-e67 ... 91e45377ec

The alert came as shares in Long Island Iced Tea Corp, a maker of soft drinks, leapt as much as 500 per cent on Thursday morning after it announced it was changing its name to Long Blockchain Corp.

The Nasdaq-listed company, which has never reported a profit and two weeks ago struck a distribution deal for cold-pressed juice, said it was “shifting its primary corporate focus towards the exploration of an investment in opportunities that leverage the benefits of blockchain technology”.

Pure hysteria

[Goodspeed]

Haha
Gotta hand it to that company though

[gh0st]

https://www.ft.com/content/3fa91346-e670-11e7-8b99-0191e45377ec

The alert came as shares in Long Island Iced Tea Corp, a maker of soft drinks, leapt as much as 500 per cent on Thursday morning after it announced it was changing its name to Long Blockchain Corp.

The Nasdaq-listed company, which has never reported a profit and two weeks ago struck a distribution deal for cold-pressed juice, said it was “shifting its primary corporate focus towards the exploration of an investment in opportunities that leverage the benefits of blockchain technology”.

Pure hysteria

lol yea, LTEA went from $2.53 to $15.40 today in pre market in just 15 minutes or so. It was hilarious xD

[Laurence Drake]

https://www.ft.com/content/3fa91346-e670-11e7-8b99-0191e45377ec

The alert came as shares in Long Island Iced Tea Corp, a maker of soft drinks, leapt as much as 500 per cent on Thursday morning after it announced it was changing its name to Long Blockchain Corp.

The Nasdaq-listed company, which has never reported a profit and two weeks ago struck a distribution deal for cold-pressed juice, said it was “shifting its primary corporate focus towards the exploration of an investment in opportunities that leverage the benefits of blockchain technology”.

Pure hysteria

lol yea, LTEA went from $2.53 to $15.40 today in pre market in just 15 minutes or so. It was hilarious xD

Reminds me of this scene

phpBB [video]