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 Posted: Sun May 9th, 2021 08:30 pm
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nyhack56

 

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srossi wrote: nyhack56 wrote: Doge hit .69 briefly and has been in the .63 to .68 range for the last 2 hours or so.


I don't have a lot invested but I find the volatility fascinating. I wish i could identify the dips better.

SNL killed Doge last night. I hope everyone got out but I know a lot of people were expecting a Musk pop and instead got the opposite. 

It dropped similarly 2 weeks ago and rebounded.   It's back up to .56 now.  People sold off around .70  yesterday and started buying back in today.
I don't think Musk saying anything on SNL will have that much impact,  but Barry Silbert publicly saying his firm is taking a short position may.  I guess we'll see.
Shiba Inu coin is supposedly the next digital currency to take off.

Last edited on Sun May 9th, 2021 08:31 pm by nyhack56

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 Posted: Mon May 10th, 2021 01:46 pm
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daverug

 

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In Safemoon, Shibu and soon Bonfire. Small investments but these seem to be the alts getting the most buzz.

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 Posted: Mon May 10th, 2021 01:52 pm
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srossi
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nyhack56 wrote: srossi wrote: nyhack56 wrote: Doge hit .69 briefly and has been in the .63 to .68 range for the last 2 hours or so.


I don't have a lot invested but I find the volatility fascinating. I wish i could identify the dips better.

SNL killed Doge last night. I hope everyone got out but I know a lot of people were expecting a Musk pop and instead got the opposite. 

It dropped similarly 2 weeks ago and rebounded.   It's back up to .56 now.  People sold off around .70  yesterday and started buying back in today.
I don't think Musk saying anything on SNL will have that much impact,  but Barry Silbert publicly saying his firm is taking a short position may.  I guess we'll see.
Shiba Inu coin is supposedly the next digital currency to take off.

Which exchange are you using in NY for the smaller coins?  It can be challenging in this state.  They shut Bittrex down in NY a couple of years back.



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 Posted: Mon May 10th, 2021 06:32 pm
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nyhack56

 

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srossi wrote: nyhack56 wrote: srossi wrote: nyhack56 wrote: Doge hit .69 briefly and has been in the .63 to .68 range for the last 2 hours or so.


I don't have a lot invested but I find the volatility fascinating. I wish i could identify the dips better.

SNL killed Doge last night. I hope everyone got out but I know a lot of people were expecting a Musk pop and instead got the opposite. 

It dropped similarly 2 weeks ago and rebounded.   It's back up to .56 now.  People sold off around .70  yesterday and started buying back in today.
I don't think Musk saying anything on SNL will have that much impact,  but Barry Silbert publicly saying his firm is taking a short position may.  I guess we'll see.
Shiba Inu coin is supposedly the next digital currency to take off.

Which exchange are you using in NY for the smaller coins?  It can be challenging in this state.  They shut Bittrex down in NY a couple of years back.


I'm only trading value on Robinhood for Doge.
For Ethereum I'm using Coinbase.
I'm trying to use Bitmart for Shiba, but I haven't figured it out yet.  You can't buy Shiba with cash,  you have to buy Ethereum or Bitcoin or USD Tethered first then convert it.  But i am trying to figure out how to do so without getting killed by minjng fees.  I am definitely not a genius when it comes to this stuff. 

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 Posted: Mon May 10th, 2021 10:24 pm
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srossi
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nyhack56 wrote: srossi wrote: nyhack56 wrote: srossi wrote: nyhack56 wrote: Doge hit .69 briefly and has been in the .63 to .68 range for the last 2 hours or so.


I don't have a lot invested but I find the volatility fascinating. I wish i could identify the dips better.

SNL killed Doge last night. I hope everyone got out but I know a lot of people were expecting a Musk pop and instead got the opposite. 

It dropped similarly 2 weeks ago and rebounded.   It's back up to .56 now.  People sold off around .70  yesterday and started buying back in today.
I don't think Musk saying anything on SNL will have that much impact,  but Barry Silbert publicly saying his firm is taking a short position may.  I guess we'll see.
Shiba Inu coin is supposedly the next digital currency to take off.

Which exchange are you using in NY for the smaller coins?  It can be challenging in this state.  They shut Bittrex down in NY a couple of years back.


I'm only trading value on Robinhood for Doge.
For Ethereum I'm using Coinbase.
I'm trying to use Bitmart for Shiba, but I haven't figured it out yet.  You can't buy Shiba with cash,  you have to buy Ethereum or Bitcoin or USD Tethered first then convert it.  But i am trying to figure out how to do so without getting killed by minjng fees.  I am definitely not a genius when it comes to this stuff.

It's always been the same thing on Bittrex and most of the sites, you have to buy into Bitcoin and then trade from there.  They really haven't made it easy yet to buy most of the smaller altcoins, and I want nothing to do with Robin Hood.



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 Posted: Wed May 19th, 2021 12:35 pm
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srossi
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Officially crashed. Now it could be a long waiting game to get back to anywhere close to where we were.



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 Posted: Wed May 19th, 2021 12:38 pm
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Principal_Raditch



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srossi wrote: Officially crashed. Now it could be a long waiting game to get back to anywhere close to where we were.
What's the deal behind the 20% drop this morning? I saw something about China Banning crypto?

Last edited on Wed May 19th, 2021 12:57 pm by Principal_Raditch

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 Posted: Wed May 19th, 2021 01:27 pm
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srossi
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Principal_Raditch wrote: srossi wrote: Officially crashed. Now it could be a long waiting game to get back to anywhere close to where we were.
What's the deal behind the 20% drop this morning? I saw something about China Banning crypto?

It started with Elon Musk, fresh off his SNL appearance, succumbing to pressure and saying Tesla would no longer accept Bitcoin over environmental concerns.  Many worried that Tesla or he personally would sell, although he never said that and can be a troll at market manipulation.  Then China cracked down on it, but they do that every other week.  It was also overbought and had gone on an incredible run so it was time for big players to take major profits.  All of this led to a slide that turned into an avalanche.  Nothing fundamental has changed though, it will be back. 



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 Posted: Wed May 19th, 2021 02:05 pm
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Principal_Raditch



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I just saw Dogecoin is now down almost 30% this morning as well and Ethereum 27%. Do they allow for shorting of Cryptos?

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 Posted: Wed May 19th, 2021 02:33 pm
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srossi
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Principal_Raditch wrote: I just saw Dogecoin is now down almost 30% this morning as well and Ethereum 27%. Do they allow for shorting of Cryptos?
Yes.



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 Posted: Wed May 26th, 2021 01:22 pm
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srossi
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So when I was in Vegas I was using the Gemini app and when things started crashing my aim was to put $10,000 into Ethereum and another $4,500 into Filecoin.  That basically was my entire cash balance in Gemini.  So I'm sitting in the car and I start with Filecoin and I get a time out message and to try again.  I do, same thing.  So I'm just trying a bunch of times and it never works.  I try a couple of times with the ETH transaction too, never works.  Then the whole system goes down and I can't do anything.  I'm annoyed but it's not the end of the world.  Gemini does crash from time to time.

I get back to the hotel and check my phone and all of a sudden I see 3 confirmation e-mails came through an hour later.  It bought Filecoin 3 times, $4,500 each time.  It would've kept buying but I ran out of money.  Thank God I was using the option to only buy what I had in my account, because there's another option to basically borrow against your linked bank account to avoid transfer delays, and if I was doing that I probably would've spent more than 6 figures considering how many times I tried to buy.  To say I was livid would be an understatement.

There's no way to call Gemini that I can see.  I immediately e-mailed them and sent them a Facebook message.  I've followed up a few more times, and today marks 2 weeks with no response.  Now I've had to threaten legal action against them this morning, which I know is an empty threat.  The fact is they can't do a whole lot to fix their fuck up, but a token gesture of refunding some fees and apologizing and explaining how they're working to ensure that never happens again would be nice.  Any response at all would be appreciated. 

I have every confidence that ETH will bounce back (it already is), but I'm not so sure about Filecoin and now I'm stuck with 3 times as much of it as I wanted.  On top of that, I didn't get the ETH price I wanted and had to transfer another $10,000 into my account to buy ETH back at a later date because that never went through the first time.  After this next round of selling, I might have to look for another platform, assuming Gemini doesn't just kick me off for threatening to sue them and speak to the NY State Attorney General's Office. 



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 Posted: Wed May 26th, 2021 02:38 pm
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A friend of mine sent me 1,000,000 Safemoon. I think the current value is about $6. I will be a millionaire soon. That's what he told me anyway.



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 Posted: Wed May 26th, 2021 03:13 pm
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srossi
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srossi wrote: So when I was in Vegas I was using the Gemini app and when things started crashing my aim was to put $10,000 into Ethereum and another $4,500 into Filecoin.  That basically was my entire cash balance in Gemini.  So I'm sitting in the car and I start with Filecoin and I get a time out message and to try again.  I do, same thing.  So I'm just trying a bunch of times and it never works.  I try a couple of times with the ETH transaction too, never works.  Then the whole system goes down and I can't do anything.  I'm annoyed but it's not the end of the world.  Gemini does crash from time to time.

I get back to the hotel and check my phone and all of a sudden I see 3 confirmation e-mails came through an hour later.  It bought Filecoin 3 times, $4,500 each time.  It would've kept buying but I ran out of money.  Thank God I was using the option to only buy what I had in my account, because there's another option to basically borrow against your linked bank account to avoid transfer delays, and if I was doing that I probably would've spent more than 6 figures considering how many times I tried to buy.  To say I was livid would be an understatement.

There's no way to call Gemini that I can see.  I immediately e-mailed them and sent them a Facebook message.  I've followed up a few more times, and today marks 2 weeks with no response.  Now I've had to threaten legal action against them this morning, which I know is an empty threat.  The fact is they can't do a whole lot to fix their fuck up, but a token gesture of refunding some fees and apologizing and explaining how they're working to ensure that never happens again would be nice.  Any response at all would be appreciated. 

I have every confidence that ETH will bounce back (it already is), but I'm not so sure about Filecoin and now I'm stuck with 3 times as much of it as I wanted.  On top of that, I didn't get the ETH price I wanted and had to transfer another $10,000 into my account to buy ETH back at a later date because that never went through the first time.  After this next round of selling, I might have to look for another platform, assuming Gemini doesn't just kick me off for threatening to sue them and speak to the NY State Attorney General's Office. 

Well I got a reply within an hour to that threatening e-mail.  They're looking into the "unauthorized transactions" and seem to be willing to refund me $9,000 for the 2 extra ones, including fees.  We shall see.  Amazing how fast people reply when they think you have a lawyer ready to go.

Of course if they reverse these transactions and Filecoin goes up to 150 in the next few months, I'll be kicking myself.  But any money I get back I'll just put in ETH and if Filecoin goes up, that certainly should go up even more.



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 Posted: Wed May 26th, 2021 04:42 pm
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krazykid18
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srossi wrote: srossi wrote: So when I was in Vegas I was using the Gemini app and when things started crashing my aim was to put $10,000 into Ethereum and another $4,500 into Filecoin.  That basically was my entire cash balance in Gemini.  So I'm sitting in the car and I start with Filecoin and I get a time out message and to try again.  I do, same thing.  So I'm just trying a bunch of times and it never works.  I try a couple of times with the ETH transaction too, never works.  Then the whole system goes down and I can't do anything.  I'm annoyed but it's not the end of the world.  Gemini does crash from time to time.

I get back to the hotel and check my phone and all of a sudden I see 3 confirmation e-mails came through an hour later.  It bought Filecoin 3 times, $4,500 each time.  It would've kept buying but I ran out of money.  Thank God I was using the option to only buy what I had in my account, because there's another option to basically borrow against your linked bank account to avoid transfer delays, and if I was doing that I probably would've spent more than 6 figures considering how many times I tried to buy.  To say I was livid would be an understatement.

There's no way to call Gemini that I can see.  I immediately e-mailed them and sent them a Facebook message.  I've followed up a few more times, and today marks 2 weeks with no response.  Now I've had to threaten legal action against them this morning, which I know is an empty threat.  The fact is they can't do a whole lot to fix their fuck up, but a token gesture of refunding some fees and apologizing and explaining how they're working to ensure that never happens again would be nice.  Any response at all would be appreciated. 

I have every confidence that ETH will bounce back (it already is), but I'm not so sure about Filecoin and now I'm stuck with 3 times as much of it as I wanted.  On top of that, I didn't get the ETH price I wanted and had to transfer another $10,000 into my account to buy ETH back at a later date because that never went through the first time.  After this next round of selling, I might have to look for another platform, assuming Gemini doesn't just kick me off for threatening to sue them and speak to the NY State Attorney General's Office. 

Well I got a reply within an hour to that threatening e-mail.  They're looking into the "unauthorized transactions" and seem to be willing to refund me $9,000 for the 2 extra ones, including fees.  We shall see.  Amazing how fast people reply when they think you have a lawyer ready to go.

Of course if they reverse these transactions and Filecoin goes up to 150 in the next few months, I'll be kicking myself.  But any money I get back I'll just put in ETH and if Filecoin goes up, that certainly should go up even more.


I did the earn with FileCoin threw 4k last week, but i have filecoin on coinbase pro but i will be using the new GUSD coin for earn for the 7.4 APY  since it is a stablecoin

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 Posted: Sat May 29th, 2021 07:51 pm
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srossi
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It’s a half-off Memorial Day sale. If you’ve been waiting for an entry point, I don’t know how much better you can realistically do than this. I have no doubt you will double your money, although it’s impossible to say if it will take 3 months or 3 years. But nothing fundamental has changed and more and more will continue to adopt crypto payments, so it’s not going anywhere. Being able to get Bitcoin at 30,000 and Ethereum at 2,000 again is pretty crazy.



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