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Old 11-14-2018, 10:52 AM   #6051
commas,are,funny
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Re: Virtual Currency - Alt Coin Discussion Thread

About the BCH fork: currently the price of ABC is very nearly equal to SV. I find this a) curious, and b) a huge profit opportunity if scenarios can be calculated properly.

Under what scenarios is ABC not the dominant fork tomorrow?

a) SV holds enough hashpower to spam the ABC network with empty blocks, and also decides to engage in such an attack.

b) I don't know any others??

Jihan Wu of Bitmain has asserted that he supports ABC and will fight the SV attack. Apparently 90,000 ASICs are en route to deepest China to provide hash power to ABC so as to not get 51% attacked.

So isn't that the end of the story? ABC will be the main chain, and will be worth close or equal to whatever BCH is worth tomorrow (at least one would think).

You can buy ABC alone on Bitmex or Poloniex for 0.042... let's try to figure out why this isn't the steal of the century.
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Old 11-14-2018, 11:07 AM   #6052
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Re: Virtual Currency - Alt Coin Discussion Thread

Because SV might win:

Jihan no longer controls bitmain: https://cointelegraph.com/news/bitma...-chinese-media

Mining BCH over BTC means a 32% (and rising) loss. Faketoshi and Calvin don't care about the money, they want the glory. https://pbs.twimg.com/media/Dr99QF9XQAI_Bfl.jpg:large

Bitmain may just write off their BCH bag as they are going public and don't want it killing their balance sheet.

So faketoshi wins, but BCH dies as eventually they will run out of money mining a chain that is on a death-spiral to 0.
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Old 11-14-2018, 12:14 PM   #6053
commas,are,funny
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Re: Virtual Currency - Alt Coin Discussion Thread

Thanks for the thoughtful response protonewb. My only disagreement is that Jihan hasn't lost executive power--he was removed from the board of directors, but he's still the CEO, and the CEO has much more executive power than a single director.
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Old 11-14-2018, 12:29 PM   #6054
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Re: Virtual Currency - Alt Coin Discussion Thread

BTC decisively through $6k, RIP.

Coinbase is the alt coin dumping ground, everything they touch turns to ash for retail. BCH, ETC, now ZRX. Would stay away from anything they announce in the future until price action proves otherwise.
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Old 11-14-2018, 12:29 PM   #6055
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Re: Virtual Currency - Alt Coin Discussion Thread

Honnestly nobody knows but calvin ayre and maybe bitmain.
It s easy to let CSW spout nonsense on twitter, actually delivering on the stupid threats would be killing BcashSV so doubtfull that they do.
51% are fine if you are anonymous, not a great look for your own chain when you are easy to identify.
And we still have the bitmain crashing BCHSV option that is super real, If bitmain Dump 1 million coin to kill that stupid fork, gl mining a worthless chain and i doubt the PR would be a problem when you sell the asset unlinke a 51% attack.

Anyway i wouldnt hold any BCH less than 3 days before the fork, no matter what happend it s super ugly for BCH even if ABC survive.
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Old 11-14-2018, 01:17 PM   #6056
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Re: Virtual Currency - Alt Coin Discussion Thread



Splitters!
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Old 11-14-2018, 02:01 PM   #6057
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Re: Virtual Currency - Alt Coin Discussion Thread

This dump. Aaaaaa
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Old 11-15-2018, 02:32 AM   #6058
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by CoolTimer View Post
There's a lot of dumb **** in this space, but Dan is in the running for topping it all.
LINK weathering this dump pretty well
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Old 11-15-2018, 03:03 AM   #6059
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Re: Virtual Currency - Alt Coin Discussion Thread

Guess we need Dan Marino to come back and bless us with more of his expertise
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Old 11-15-2018, 11:26 AM   #6060
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Re: Virtual Currency - Alt Coin Discussion Thread

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Guess we need Dan Marino to come back and bless us with more of his expertise
Some alts doing better than others. LINK still in its current range.(51-55)
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Old 11-15-2018, 12:40 PM   #6061
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Re: Virtual Currency - Alt Coin Discussion Thread

Are people basically making bots that generate 2p2 posts now? Lol Ed
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Old Yesterday, 10:50 AM   #6062
ASAP17
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Re: Virtual Currency - Alt Coin Discussion Thread

Quote:
Originally Posted by eddymitchel View Post
Show us on the doll where Charlie Lee touched you.
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Originally Posted by eddymitchel View Post
Poor people who had 4$ litecoin beginning of 2017 with that horrible +2000% crash.
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Originally Posted by eddymitchel View Post
I cashed out my ltc before charlie lee did and i bought back since because I thought the valuation was more reasonnable, the fact that he sold or not doesnt affect at all my opinion about the coin, I think you are focusing on the wrong metric that's all.

I m confident LTC has more value than you think because of that kind of stuff :

Quote:
Originally Posted by 6ix View Post
Why do you assume people have losses?
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Originally Posted by 6ix View Post
Just to be clear, most people who talk like you do are not nice and want everybody else to be experiencing pain, holding bags underwater, even though that's mathematically impossible.
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Originally Posted by 6ix View Post
Neither do I because 1) this thread started in 2013, 2) the prices briefly spiked, they didn't fall off a cliff, and 3) the price action this year has shown that people are not holding, rather selling for small losses.
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These posts were back to back you dumb mother****er:
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Lol dumb dumb thinks I need to be angry to observe he's dumb.
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Originally Posted by 6ix View Post
Yeah, I'm the not nice one for using a swear when calling out the dude who's been talking **** to everybody for as long as I can remember.

But hey, spoiler alert, that's true. What does it have to do with anything?
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Originally Posted by 6ix View Post
"Hey Eddy if you're optimistic about altcoins, instead of exercising bankroll management you should go into debt and shove all in! Otherwise anything you say is invalid!"

Lol you ****ing idiot.
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Originally Posted by 6ix View Post
Throw a dart.



That's literally exactly what you did:




That's you insulting me rather than having a topical conversation.

And lol, apparently you're such a ***** you can't even keep up the act after getting called on an anonymous message board.
Quote:
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Asap needs to go, he is cancer literally every time he enters a discussion.

Mods please ban
Some of my favorite gems this year... What happened to 6ix? Damn I miss that guy.
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Old Yesterday, 04:23 PM   #6063
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Re: Virtual Currency - Alt Coin Discussion Thread

loser with nothing better to do than dig up old posts and rub salt in peoples wounds. Get aids dikhead
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Old Yesterday, 05:20 PM   #6064
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Re: Virtual Currency - Alt Coin Discussion Thread

The good thing about this is most of these coins are worthless and the faster everyone gives up on those the better.
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Old Yesterday, 06:49 PM   #6065
ASAP17
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by barney big nuts View Post
loser with nothing better to do than dig up old posts and rub salt in peoples wounds. Get aids dikhead
So no one can talk **** on the bear side despite the last couple years of insufferable bulls across the board? Got it, I'm so sorry you have wounds from investing in altcoins. Didn't realize this was a support group, thought it was a resource for ideas to make money/not lose money.

Will leave my first post in this thread from early on this year, nothing has changed. Good luck gentleman, I'd be selling anything I have left into BTC/dollars on any sort of relief rally. It's game over for years ahead (parallel to dot com bubble is apt) these two are horrible ****coins and they are still somehow in top 10 valuations. Most of the rest are going to zero and it's not too late to save what you have left, some early adopters can still lock in some nice annualized gains but only when you convert into BTC/fiat.

From six months ago:

Quote:
Originally Posted by ASAP17 View Post
Bitcoin Cash & Litecoin are garbage, I hope none of you guys are still holding big positions in these or most of the other altcoins. If you have to own anything, you own BTC and even that I'm not super comfortable being long right now except as a hedge or way to express a short.
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Old Yesterday, 06:54 PM   #6066
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by barney big nuts View Post
loser with nothing better to do than dig up old posts and rub salt in peoples wounds. Get aids dikhead
Dude has been trying to help you for months and still is and "get aids dikhead" is your response. Perhaps it's time for some self reflection.
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Old Yesterday, 07:14 PM   #6067
pontylad
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by stinkypete View Post
Dude has been trying to help you for months and still is and "get aids dikhead" is your response. Perhaps it's time for some self reflection.
Lol, I don't think his posts are born out of an altruistic care for others.

Last edited by pontylad; Yesterday at 07:21 PM.
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Old Yesterday, 08:18 PM   #6068
ASAP17
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by pontylad View Post
Lol, I don't think his posts are born out of an altruistic care for others.
I have some friends that still refuse to sell so the idea I don't care isn't accurate, wouldn't bother otherwise. I think Charlie Lee and Roger Ver are pretty scummy individuals so don't feel too bad publicly going against their projects consistently.
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Old Yesterday, 09:49 PM   #6069
Spring Mustachio
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Re: Virtual Currency - Alt Coin Discussion Thread

Bitcoin cash WRECKED after all that silliness.
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Old Yesterday, 10:48 PM   #6070
synth_floyd
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Re: Virtual Currency - Alt Coin Discussion Thread

People are realizing that an open source excel spreadsheet that you can create unlimited numbers of has no value? Wow
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Old Yesterday, 11:01 PM   #6071
imjosh
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Re: Virtual Currency - Alt Coin Discussion Thread

I'm sure all you told-you-so'ers have made millions shorting - congrats. But i gotta say, I'm surprised you're taking the time to still post on 2p2 and rub salt in wounds of the believers. I like to think I'd be above all of that myself
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