Author Topic: New To Investing Thread (Read 332604 times)

wetwillie · « **Reply #1826 on:** July 20, 2017, 06:23:30 PM »

Soft fork driving that?

The Big Train · « **Reply #1827 on:** July 20, 2017, 09:29:14 PM »

Probably? Some stuff I read earlier today said nobody really knew why the bump. I've been really busy the past few days so I haven't dug into it much.

The Big Train · « **Reply #1828 on:** July 20, 2017, 10:37:24 PM »

This is a good article about the price jump.

http://www.coindesk.com/bip-91-locks-means-bitcoin-not-scaled-yet/

I just sold all my core position. Next few weeks are unknown, however trends say that Thursday evening into the early Friday hours are the weekly highs. Then the weekend happens and it drops. With the atomic surge and everything not locked in, I'm taking minimal profits, "speculating" on a big dip to rebuy my core position.

The Big Train · « **Reply #1829 on:** July 21, 2017, 05:06:02 AM »

Well that was stupid. Got greedy. Bought back in and almost got all of it back that I sold. Lesson learned.

https://twitter.com/satoshilite/status/888189269277147139

https://twitter.com/satoshilite/status/888335092560441345

yoga-like_abana · « **Reply #1830 on:** July 21, 2017, 08:37:54 AM »

why cant eth be moving like that:(

mocat · « **Reply #1831 on:** July 21, 2017, 12:19:03 PM »

great stuff itt guys. can you post a few more enormous screenshots of graphs and funny letters to help make this thread easier to navigate? tia

The Big Train · « **Reply #1832 on:** July 21, 2017, 12:35:46 PM »

EMAWican · « **Reply #1833 on:** July 21, 2017, 01:08:36 PM »

Quote from: yoga-like_abana on July 21, 2017, 08:37:54 AM

why cant eth be moving like that:(

Uh, you might want to follow what you're speculating in bud. TBT has just been painting roses up in here.

http://www.businessinsider.com/report-hackers-stole-32-million-in-ethereum-after-a-parity-breach-2017-7

wetwillie · « **Reply #1834 on:** July 21, 2017, 01:15:13 PM »

I think the only thing TBT has been painting is the market is extremely volatile and opportunity for significant returns/ losses exist.

yoga-like_abana · « **Reply #1835 on:** July 21, 2017, 01:19:49 PM »

did you misread my post? I was saying I wished eth was moving the same way btc is. they have had similar trends. Im guessing the newest heist is probably why its not jumping up like btc

EMAWican · « **Reply #1836 on:** July 21, 2017, 01:34:09 PM »

Yup, that's what I was showing. ETH isn't following BTC because of the hack. Losing $32 million because of a "bug" in the core code doesn't really give users a sense of future security.

The Big Train · « **Reply #1837 on:** July 21, 2017, 01:51:28 PM »

Quote from: EMAWican on July 21, 2017, 01:08:36 PM

Quote from: yoga-like_abana on July 21, 2017, 08:37:54 AM
why cant eth be moving like that:(

Uh, you might want to follow what you're speculating in bud. TBT has just been painting roses up in here.

http://www.businessinsider.com/report-hackers-stole-32-million-in-ethereum-after-a-parity-breach-2017-7

Oh really?

Quote from: The Big Train on July 17, 2017, 07:02:53 PM

https://www.slashgear.com/as-hacker-steals-7-4m-in-ethereum-eth-price-rises-17491731/

The Big Train · « **Reply #1838 on:** July 21, 2017, 01:55:17 PM »

Also I thought you had caught up on this thread? I have stated multiple times it's an extremely risky market and I'm just giving more insight into what I do and what is going on.

EMAWican · « **Reply #1839 on:** July 21, 2017, 02:13:11 PM »

I was caught up on it when I made that post a couple days ago, and answered YLA's on why ETH won't really ever follow BTC's trajectory until at least the hacks stop every 3 days.

Not trying to eff up the speculating or discussion, just doing some type-by posting.

The Big Train · « **Reply #1840 on:** July 21, 2017, 10:34:09 PM »

https://cointelegraph.com/news/south-korea-officially-legalizes-bitcoin-huge-market-for-traders

wetwillie · « **Reply #1841 on:** July 21, 2017, 11:00:05 PM »

I dumped my LTC tonight for about a 20% return, will wait for another sell off

The Big Train · « **Reply #1842 on:** July 21, 2017, 11:12:28 PM »

The Big Train · « **Reply #1843 on:** July 23, 2017, 09:32:49 AM »

https://news.bitcoin.com/bip91-activates-while-fork-still-looms-in-the-backdrop/

Phil Titola · « **Reply #1844 on:** July 23, 2017, 09:55:48 AM »

Everybody just manually tracking sells and buy backs manually for tax purposes or using some app...or should I just

about that?

SdK · « **Reply #1845 on:** July 23, 2017, 10:18:35 AM »

Donate clothes to a shelter and overstate the value to equal your winnings.

The Big Train · « **Reply #1846 on:** July 23, 2017, 11:07:02 AM »

Quote from: Phil Titola on July 23, 2017, 09:55:48 AM

Everybody just manually tracking sells and buy backs manually for tax purposes or using some app...or should I just about that?

I wrote an application that I track all that in. Every transaction is a taxable event, and it's treated as property.

https://www.irs.gov/pub/irs-drop/n-14-21.pdf

Phil Titola · « **Reply #1847 on:** July 23, 2017, 06:08:21 PM »

Yeah I did the research on IRS rules. I'm just tracking it on a spreadsheet

puniraptor · « **Reply #1848 on:** July 23, 2017, 08:24:37 PM »

whats the SoJ to ETH conversion rate? I can't find it on coinbase

The Big Train · « **Reply #1849 on:** July 23, 2017, 08:35:04 PM »

Quote from: puniraptor on July 23, 2017, 08:24:37 PM

whats the SoJ to ETH conversion rate? I can't find it on coinbase

I have googled for a solid 5 min and can not figure out what this is in this context