Author Topic: Cryptocurrency Master Thread  (Read 216433 times)

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The Big Train

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Cryptocurrency Master Thread
« Reply #350 on: October 22, 2017, 08:07:15 PM »
We have never really discussed this but these are spam transactions.  I think I’ve posted articles about them but these are trying to overload the blockchain. 

These are on the LTC blockchain but these are multiple $.50 transactions.  There is no conceivable reason why this same amount would appear in this frequency on GDAX.  In the 1 in a million chance this couple happen in the open blockchain, where somewhere at multiple places in the world, people were making micro transactions.  However in an exchange environment there is absolutely no reason.

I posted an article a month ago maybe about spam and this is the same thing.  It’s a artificial clogging of the blockchain network.  It’s all politics and you could be miners.  The miners can make all these transactions but if they are mining the blocks and keeping the fees they charge themselves they don’t lose any money.  They gain support for SegWit2X and in the end can charge higher fees, which means more profit.

This is such a complicated situation but this is physical(virtual) proof that the spamming that is happening on BTC is also on the LTC network.



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Re: Cryptocurrency Master Thread
« Reply #353 on: October 23, 2017, 08:40:24 PM »

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Re: Cryptocurrency Master Thread
« Reply #354 on: October 23, 2017, 08:48:45 PM »
Bitcoin forks are fun guys :kstategrad:


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Re: Cryptocurrency Master Thread
« Reply #358 on: October 25, 2017, 08:33:56 AM »
LTC is dropping with the fork, think I'll be snapping up some coins here if it drops below 50 :fistpump: :cheese:

The Big Train

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Re: Cryptocurrency Master Thread
« Reply #359 on: October 25, 2017, 09:50:22 AM »
This whole thing has turned into an even bigger clusterfuck.  When they made their initial post about the naming I was happy because it gave clarity and made the right move IMO.  This just complicates it even more for people that don’t follow it super closely.

https://twitter.com/satoshilite/status/923027695176376320

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Re: Cryptocurrency Master Thread
« Reply #360 on: October 25, 2017, 03:24:13 PM »
Doing more actual trending research and market analysis I’ve been using asymmetrical triangles a lot more.  While they are wrong a lot I did notice this one earlier today and wondered where it would go.  It jumped quicker than I thought but I did see a bullish trend on it.  It just broke through the resistance point quicker than I thought it would.


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Re: Cryptocurrency Master Thread
« Reply #362 on: October 25, 2017, 10:34:15 PM »
Well that's definitely going to piss some folks off


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Re: Cryptocurrency Master Thread
« Reply #363 on: October 27, 2017, 07:11:57 PM »
https://twitter.com/satoshilite/status/924048185122627584


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Re: Cryptocurrency Master Thread
« Reply #369 on: October 30, 2017, 01:24:34 PM »
I read this article over my lunch break.  Wow.  I would be a wreck if this ever happened to me.  At the very end is the actual video of the end result.  eff...  :sdeek:

https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/

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Re: Cryptocurrency Master Thread
« Reply #370 on: October 30, 2017, 01:58:05 PM »
man.. that's a pretty great story.

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Re: Cryptocurrency Master Thread
« Reply #371 on: October 30, 2017, 03:43:45 PM »
I think that idiot [you] should ask TBT how [you] can use cryptos to make some serious cash.

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« Last Edit: October 30, 2017, 04:25:30 PM by Spracne »

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Re: Cryptocurrency Master Thread
« Reply #372 on: October 30, 2017, 04:19:51 PM »
I think that idiot The Big Train should ask TBT how The Big Train can use cryptos to make some serious cash.

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I’ve made some serious cash bruh and helped others make some as well.

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Re: Cryptocurrency Master Thread
« Reply #373 on: October 30, 2017, 04:21:54 PM »
I think that idiot The Big Train should ask TBT how The Big Train can use cryptos to make some serious cash.

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I’ve made some serious cash bruh and helped others make some as well.
Can't believe you fell for that.

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Re: Cryptocurrency Master Thread
« Reply #374 on: October 30, 2017, 04:23:25 PM »
I think that idiot The Big Train should ask TBT how The Big Train can use cryptos to make some serious cash.

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I’ve made some serious cash bruh and helped others make some as well.
Can't believe you fell for that.

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I’m not an idiot so idk what I fell for.