Cryptocurrency

[besserheimerphat]

Expect zero investigation form the feds. That's what cryptocurrencies want

And identities on the blockchain are completely anonymous right? So even though you can trace the money on the transparent blockchain it's not like you can know who the person is. And if they are caught, since the blockchain is irreversible and uneditable there is no way for the victim to get his money back unless the perpetrator sends it back. Its not like a bank or insurance company can repay the victim from the perpetrator' s funds.

 

[Playboi Carti]

First Bitcoin stolen at gunpoint, in Britain:

http://www.telegraph.co.uk/news/201...point-transfer/amp/?__twitter_impression=true

Four masked men broke into the guy's home, tied up his wife and forced him to transfer the Bitcoin to their wallet.

Yikes, I could see this happening more.

 

[agardini]

I picked up an L3+ for fun over the holidays. Mining about $20 to $25 in Litecoin a day. Electricity runs around $2.50 a day.

I See that those things are about $1,500. A little too rich for my blood for some fun mining.

 

[algonacy]

Just one Nobel prize winners opinion....

https://www.nytimes.com/2018/01/29/...n=latest&contentPlacement=1&pgtype=collection

 

[Kypdurron]

Just one Nobel prize winners opinion....

https://www.nytimes.com/2018/01/29/opinion/bitcoin-bubble-fraud.html?rref=collection/column/paul-krugman&action=click&contentCollection=opinion&region=stream&module=stream_unit&version=latest&contentPlacement=1&pgtype=collection

I think you are seeing two camps at this point and 10 years in I am going to guess that the Crypto verse is here to stay. Will there be some corrections, absolutely but I would argue most of these people who call for death of BTC, are shown a couple of graphs and haven't dug into cryptocurrencies and blockchain tech heavily enough. Luckily anyone can post an opinion and its good to read articles from both sides so you don't get disconnected from reality.

 

[Kypdurron]

Expect zero investigation form the feds. That's what cryptocurrencies want

I don't think anyone would want this to not be investigated. I would anticipate that this actually an easy crime to solve. It's got to be someone who knew that the individual day traded cyrpto's, new where he lived and knew when he was home. I'm guessing that narrows the pool pretty quickly, then you can track when the transactions happen on the block chain such as movement and inevitably when they attempt to cash out. This in my mind is a pretty dumb thing to do, go after cash it is harder to track.

 

[VTXCyRyD]

I picked up an L3+ for fun over the holidays. Mining about $20 to $25 in Litecoin a day. Electricity runs around $2.50 a day.

I See that those things are about $1,500. A little too rich for my blood for some fun mining.

When I use whattomine it shows that specs for an L3+ should only make about $10/day - electricity on Lite Coin. Also when I look at prices I see them more in the $3000+ range.

 

[TXCyclones]

Just one Nobel prize winners opinion....

https://www.nytimes.com/2018/01/29/opinion/bitcoin-bubble-fraud.html?rref=collection/column/paul-krugman&action=click&contentCollection=opinion&region=stream&module=stream_unit&version=latest&contentPlacement=1&pgtype=collection

He might have won a prize, but it wasn't for seeing the bigger picture. There is so much more to this than a simple currency.

https://www.inc.com/eric-mack/yes-b...tocurrency-is-pushing-record-highs-again.html

 

[crash_zone]

When I use whattomine it shows that specs for an L3+ should only make about $10/day - electricity on Lite Coin. Also when I look at prices I see them more in the $3000+ range.

I’m getting 0.0

When I use whattomine it shows that specs for an L3+ should only make about $10/day - electricity on Lite Coin. Also when I look at prices I see them more in the $3000+ range.

i get between 0.1 and 0.08 Ltc a day. Felt better when prices were north of $200...payback is a bit less at the current exchange rates.

If you are only getting $10 a day, pick a different pool.

 

[VTXCyRyD]

I’m getting 0.0

i get between 0.1 and 0.08 Ltc a day. Felt better when prices were north of $200...payback is a bit less at the current exchange rates.

If you are only getting $10 a day, pick a different pool.

I would like to try something like that, but at current rates and difficulty, payback is at least 10-12 months. If the crypto market would be more stable a 12 month ROI would be awesome. I'm still afraid the market will drop out. before ROI is met.

 

[crash_zone]

I would like to try something like that, but at current rates and difficulty, payback is at least 10-12 months. If the crypto market would be more stable a 12 month ROI would be awesome. I'm still afraid the market will drop out. before ROI is met.

All true. Don’t put any more into crypto than you would gambling because that really is what it is. I just enjoy it for now - over clocking processors, playing with components, pools, fan settings....it is paid entertainment for me.

 

[Playboi Carti]

Really bad day for my portfolio, I'm down like 19%.

 

[Kypdurron]

Really bad day for my portfolio, I'm down like 19%.

https://goo.gl/images/2FhoMF

It'll go back up, just keep hodling

 

[VTXCyRyD]

Really bad day for my portfolio, I'm down like 19%.

Did you buy at or close to the peak?

 

[Playboi Carti]

Did you buy at or close to the peak?

Some coins I bought higher than I should have(I had to buy ETH and BTC to get into the market). Once the market reaches new all-time highs I'm probably going to sell my more risky investment.

 

[Kypdurron]

Coinflash is an app I've recently started messing around with, much like Acorn it allows you to take your change and invest it. If you spend $3.50 on your Busch Light that your drinking due to ISU MBB most likely missing the tourney this year, the other .50 cents will be logged by the app and then put into either BTC or ETH. You can link this to your Coinbase account, set a cap so it will only invest X amount of dollars a month and even do a split invest. I'll let you guys know in couple of months how it goes.

 

[Playboi Carti]

https://goo.gl/images/2FhoMF

It'll go back up, just keep hodling

This has been a weird month. At one point I almost doubled my money, now I'm only up 25%.

 

[agardini]

All these currencies still getting hammered today. Bitcoin is under $9k, as of this post. Ripple down under $1

 

[TXCyclones]

This has been a weird month. At one point I almost doubled my money, now I'm only up 25%.

It's actually been a very typical January.

 

[VTXCyRyD]

This has been a weird month. At one point I almost doubled my money, now I'm only up 25%.

I'd hold out, but I'm a terrible gambler. Most of the time I play craps I'm up 50% or better and I think just one more round to make a little more money and end up losing it all.