This is bitcoin. We don’t run up big numbers easily without a few margin calls along the way.
Very well played boxxa. $3k of volatility in the am session, $2k of which hit within 1 single hour. Nuts! Capitulation and margin calls are almost certainly behind much of this move. Also, part of it is how divisible the play is, people can buy 1 coin or a small fraction of a coin. I am enjoying watching the tape zip around with all the different order sizes. For anyone interested in market psychology, watch the tape at key areas of support or resistance. Say around 9,700, 10,300 and 10,700 at the moment. You’ll likely see bigger order sizes there and the tape should speed up dramatically.
@TradersBASE thanks for the tips. Also gents I’m planning on expanding my portfolio. So far I have Bitcoin, Eth and Ripple. I sold my potcoin because eventually if weed is legalized on a fed level potcoin won’t matter (IMO). But I am going to start taking IOTA seriously.
-Nano transactions (no fees)
-The tangle network
-Quantum computer hacking proof
-Only a couple months old and already #8 on marketcap.
-Partnering with microsoft.
Unfortunately the only place to trade it is Binance, but I was verified very quickly. Also the paper wallet apparently is riddled with bugs so I would have to keep it on an exchange which I DON’T like.
Here are some of the vids from guys I regularly follow.
Def. Speculative but go balls deep or keep your balls to yourself.
I’m trying to situate my forked coins right now. Looks like I have around $100 in BCH just sitting. Just sent that over to bittrex. Planning on converting that back to BTC and sending it back to my main wallet.
Still waiting on Bread to release a tool to get my BTG out of hock.
I think at this point I might just cash out and take another ride at a later date in time. I could use the cash.
I’m not sold on tangle. The move from a blockchain to a DAG tree has been discussed on multiple coins and is interesting but waiting to see how it plays out. The only thing that I like with these platforms is that it does allow you to use a network for free by “mining” being required to use it but waiting to see how the tree based network handles since nodes technically won’t see all the transactions and don’t see the same as another node.
https://en.bitcoin.it/wiki/Laszlo_Hanyecz
$100,000,000 pizza.
@bing I love that story. I wonder where he is today. And @boxxa I share your concerns but I feel as if this could be one of those investments that’s as small as it’s gonna be currently, like buying BTC or ETH when it was 5$.
EDIT: Anyone have any thoughts on dash??? Real mover lately. From what i read, if there is a real digital currency, dash is going for the title.
DOUBLE EDIT: Bought the domain name cryptoprotectors.com I figure eventually if crypto becomes big enough security services will start to pop up. Some asshole already took cryptoprotecoR.com, probably @LZ1 LoL
Not me like I said domain squatting isn’t worth the time or effort…I just collection domains I use to phish large companies with now :lol:
For command and control somethinghealthcare or somethingbank then build a fake website and get it categorized by bluecoat, mcafee,etc since most companies have policies about not intercepting SSL for healthcare and banking 
On the phish side survey stuff, recruitment stuff, efax, etc
What gives bitcoin value? Is it like US money, backed by nothing? Is it just like a pyramid scam but on a computer so people don’t have to meet at local parks? lol
Because people are willing to accept it for goods or services and there is limited quantity of it?
It’s a decentralized currency, @Blue_Eyed_Devil you should be all over this stuff.
God damn potcoin fucking 6x 4days after selling wtf.
Who is willing to accept it? Walmart? Target? Ford? Crack dealers?
I am trying to learn about it first.
It seems like one day it may just be worth nothing so…
So when NY DMV wants to collect sales tax you tell them it costs 20 Bitcoins?
If only there was a way to convert between the two…
I assume you are being a smart ass. I thought maybe govt bodies in the US would not even recognize it. It would seem the Federal Reserve would not like this sort of thing.
You can convert anything to USD if someone is willing to make the exchange.