• BFG's picture
  • ADM
  • EXP
  • 1101
  • Bitcoins

  • BFG   •   Tue, Nov 14th, '17 06:00   •   21 replies, 244 views

I don't plan on using or buying Bitcoins
21% (47 votes)
Not using, but plan to in the future
8% (17 votes)
I've used Bitcoins to buy products
42% (93 votes)
I trade
3% (6 votes)
I'm a horder
3% (7 votes)
I don't understand Bitcoins
23% (51 votes)
Total votes: 221

Comments

  • BFG's picture
  • ADM
  • EXP
  • 1101
 
  • BFG
  • 3 days ago

For those who don't understand bitcoins, this might help: https://lopp.net/bitcoin.html

  • Meinuntergang's picture
  • BAN
  • 485
 
  • Meinuntergang
  • 5 days ago

What if I told you that it's not too late to profit off Cryptocurrency? What if we created a group of exclusively Eroids members to coordinate precise trades, for pump and dump? The idea needs lots of refinement, regulation and explaination. But, in all honesty I think it's doable.

An outline of how to get set in motion:

1- creation of the group -
a- inviting members
b- sharing ideas and experiences
c- establishing concensus
d- creating leadership through knowledge demonstration

2- Code of conduct -
*** setting a code of honor, violations will result in immediate and permanent ban.
a- verification of actual holdings
b- verification of actual transactions 'before and after the coordinated effort'
c- verification of intent

3- Planning -
a- research
b- polling
c- agreement

4- Practice -
a- finding and agreeing on a single exchange to use for trading.
b- finding coins to pump
c- setting a time in which all participants shall execute trades.
d- agreeing on profit percentage before the coin is dumped
e- verification of each and every transaction: exchange, time, coin, amount, percentage, and execution.

There will be a lot of tools, apps, tips and other necessary mechanism that need to be adopted by all members.

Above ALL, every move will have to be voted on and agreed upon by ALL. In instances where the number of participants is smaller than the number of group members, participants can coordinate their trade privately in a sub-group or via pm/telegram/discord/etc to unsure 0 corruption.

We can start with very small amounts. $10-20 worth of cryptos per person and see what happens.

What do you guys think?

  • DSTER's picture
  • LVL2
  • 166
 

I’m not very hip on bitcoin but I would imagine the daily volume is astronomical. Be tuff for a pump and dump no?

  • Meinuntergang's picture
  • BAN
  • 485
 
  • Meinuntergang
  • 5 days ago
  • @DSTER

You buy sleeper coins with fractions of a Bitcoin, pump the volume, increase price and demand, then abruptly pull out with original investment amount +15-20% profit. The key is to accept incremental and small profits, because gambling big time can backfire. In a single weekend ' during the BCH/BTG vs BTC' I turned $3300 or 0.5 btc at the time into 2.9 btc approx $21000, then back to 0.89 btc about $6400 at the time. Then, held it it and sold at $7940 per btc and bought again at $7500 per btc, as a result the 0.89 got to 0.94. Bit more than I could chew and learn ed a hard lesson, even though I'm up. So it's definitely not for the weak, and definitely not for money you can't afford to lose.

  • DSTER's picture
  • LVL2
  • 166
 

It’s all gambling, it’s fun and intense but at the end of the day it’s gambling lol. But your right always take profits. It’s all about entry and exit points, easier said then done but that’s what it’s about. I used to fuck w microcaps w super low floats when I was young. They were fun, very, very easy to move and manipulate.

  • Meinuntergang's picture
  • BAN
  • 485
 
  • Meinuntergang
  • 4 days ago
  • @DSTER

I don't even know what that is haha

  • DSTER's picture
  • LVL2
  • 166
 

Well I’m sure if your into this you will be swing and day trading before you know it. Futures is where it’s at open 24/7

  • bundlz's picture
  • REG
  • 23
 
  • bundlz
  • 1 week ago

I dont trust it i think it will crash someday.. there are to much illigal activitys involved with bitcoins like buying dope,guns,extortion,roids etc

  • wanted's picture
  • LVL1
  • 74
 
  • wanted
  • 1 week ago

Is there a bitcoin for dummies. Cause im in then

  • j1980's picture
  • LVL2
  • 107
 

Haha me too buddy. To me it seems like it's a pain in the ass.

  • LegendarySuperSaiyan's picture
  • REG
  • 10
 
  • LegendarySuperSaiyan
  • 1 week ago

Bitcoin price is rising at a scary rate, better stock up on it while you can. I remember when I first made my purchase at $2,000/btc vs now at $6,000/btc, it would have been nice to have stocked up on it back then.

  • Meinuntergang's picture
  • BAN
  • 485
 

I remember buying at $200. And BTW, 4 days ago it was $8000 not $6000.

  • Testgod4life's picture
  • BASIC
  • 7
 

About a year ago instant purchase wasn't heard of so I always left at least 1 BTC in wallet in case needed to make any unscrupulous payments. This is when it was 400.00. Checked past spring. Jumped over 3k. Let's just say went on nice vacation.

  • LegendarySuperSaiyan's picture
  • REG
  • 10
 

Damn, incredible!

  • HGHMONSTER's picture
  • SRC
  • 1
 
  • HGHMONSTER
  • 1 week ago

Nice poll ! just voted :)

  • Testgod4life's picture
  • BASIC
  • 7
 
  • Testgod4life
  • 1 week ago

I understand the angst some people get, but it is a lot easier than WU or even Credit Card. Not to mention you can purchase BTC with CC now.

  • twistedsister's picture
  • ADV
  • 491
 
  • twistedsister
  • 1 week ago

I prefer this method its easier and shipping is faster

  • j1980's picture
  • LVL2
  • 107
 

A lot of people are using it now that's for sure. I guess I just need to take the time and read up on it and figure it out. There's a whole lot that I don't understand about it and I'm afraid of the market tanking and losing whatever I have put into it.

  • BFG's picture
  • ADM
  • EXP
  • 1101
 
  • BFG
  • 1 week ago

We've done the same poll in 2013, will be interesting to compare results.

  • Meinuntergang's picture
  • BAN
  • 485
 
  • Meinuntergang
  • 5 days ago
  • @BFG

I think that's how I became aware of BTC. From Eroids. I remember when it was 400 jumped to 1300, but wrote it off after the 'fabric street' sting caused a massive sell off and tanked the price to $200. Kept using it for purchases until even it was hovering around $400. Left 2 BTC in my wallet to use for purchases and didn't really pay attention until the summer of 2015 when I checked the value of my holding and found it was $1300 when I was expecting $800-850. Been investing since. HODL and sell during corrections/forks. Let's just say, it was a good decision. Too bad I didn't pay attention earlier.

  • Gymjunkie01's picture
  • EXP
  • 1815
 
  • Gymjunkie01
  • 1 week ago
  • @BFG

It would had been nice to invest when they first hit the market lol