MISC Crypto Crew (MCC) Vol.1 Ethereum is getting flushed faster than my morning deuce

[KMadigan777]

I hope you guys liquidated a fair amount of your stuff like I suggested about the bear market we are in. Iota holding kind of strong, cant wait for it to collapse as it is held up huge right now by a wing and a prayer (and absolutely fanatic slack supporters) I have a lot of $ in iota, but I think the marketcap is way way too high for that chit right now. Waiting for it to correct eventually sub .20 or lower.

Also I find it interesting that the bitcoin thing has 'been solved' yet the price keeps tanking. Makes me think there is some serious manipulation going on, likely under the aug1 shadow. Time it right and you could load up cheap when the big boys do as well.

[EarnIt]

What numbers are you guys trying to get OMG at?

[mcity23]

What numbers are you guys trying to get OMG at?

I'll be honest. I've been trying to force the price down below 500 sats but cbf now, so just bought in at 505. I think 500 is reestablishing itself as the floor.

[johnnycash123]

No he didn't mate. No offence intended at all, but you don't seem too familiar with crypto and the concept of whales along with the psychology behind it.

Those huge 'sell' walls you see are fake. Most of the time the walls are never actually intended to be sold. They are there because inexperienced traders see the huge wall and then **** their pants. They start placing their sell orders cheaper than the 'whale'. This drives down the price.

It is a clever tactic to artificially keep the price of a valuable asset low for as long as possible, so those 'in the know' can accumulate as much as possible before it skyrockets.
It is also designed to mess with the heads of noobies which you clearly fell for. That 100k+ sell wall - do you seriously think 100k of OMG was purchased in under a minute? No. The whale removed his sell order.

Case in point -> ANS/NEO. Why do you think there's so much volatility? Even in crypto it's not normal for a coin to fluctuate as much as NEO. It's the whales playing around. Good news though - whales generally only get into coins they see with real potential, so OMG is a winner.

I know all this buddy, but thanks for the lesson, maybe we talking about a different one this was 60btc sell at exact 1.17 and slowly went down 60-40-20-9bitcoin left

[Dota2Brah]

i dont know why you guys are hyped about OMG. it was a good ICO coin to invest in, but it's risky now. 1) the payment card space is about to be littered with competitors, 2) payment card companies will have extremely low revenue for a while.

[LFAesthetics]

i dont know why you guys are hyped about OMG. it was a good ICO coin to invest in, but it's risky now. 1) the payment card space is about to be littered with competitors, 2) payment card companies will have extremely low revenue for a while.

I think everyone is just hoping for quick moon after the news they are speculating on. Similar to ANS.

but there is also a chance for this to be a first to market use case that could end up being a bandwagon bull pile-on.

[ineed$]

Curious as to what others are doing. See my post just above.

I'm just whaling around brah

About to say fuk it and go take a vacation with some white girls. shieeet

[StevieSparkZ]

Anyone looking into Siacoin? Good buy right now?

Been holding SiaCoin for about 2 months now and just holding.

Unfortunately, I cannot recommend on whether or not to buy it. I'm leaning a bit towards no though, hopefully I'm wrong.

[StackingPlates]

Source

[ShoopAhh]

What numbers are you guys trying to get OMG at?

~350-400 sats, maybe early tomorrow morning. Hopefully my bids fill before BTC craters though haha...

[LFAesthetics]

Been holding SiaCoin for about 2 months now and just holding.

Unfortunately, I cannot recommend on whether or not to buy it. I'm leaning a bit towards no though, hopefully I'm wrong.

I have more sia bags than I'd like. But I do think if they can get a new release out of their UI and streamline it it'll recover. Problem Sia has right now is that using it is a such a clusterfuk that only like 50TB of data is actually being hosted on the product.

[jinda628]

Rebranding to NEO and a few other things were scheduled for the 24th.. probably already factored into price by now.

Oh yeah, I totally forgot about this. But it hasn't taken effect yet right? I'll probably buy it back when it goes down again. Thanks.

[inq]

Been holding SiaCoin for about 2 months now and just holding.

Unfortunately, I cannot recommend on whether or not to buy it. I'm leaning a bit towards no though, hopefully I'm wrong.

Thanks repped. I am going to choose another altcoin for now.

Now deciding between Qtum and DASH. Keeping an eye on OMG.

[juvefan]

Time to buy

[yuja]

Thanks repped. I am going to choose another altcoin for now.

Now deciding between Qtum and DASH. Keeping an eye on OMG.

Qtum is a PnD

[2020Wellness]

Oh yeah, I totally forgot about this. But it hasn't taken effect yet right? I'll probably buy it back when it goes down again. Thanks.

My tracking app calls it NEO now.

[IceCoal]

With people saying to get btc off exchanges to get the btc cash split, will the nano ledger be able to support it by default? Not sure how it works, I send to nano, after fork, both btc and btc cash will be on nano? Or is it better to send to an online wallet like blockchain?

Or should I just keep it on rex and hope it offers btc cash on the split? As an alt exchange, it seem easier for them to support it rather than non-alt exchanges like gdax and the like.

[StevieSparkZ]

Thanks repped. I am going to choose another altcoin for now.

Now deciding between Qtum and DASH. Keeping an eye on OMG.

I just read about OMG and I actually would recommend it based on that.

I'm going to look more into it, but it is the epitome of a decentralized currency but also self manages as a wallet.

That's a libertarian dream if you think about it.....

[PisseninMisc]

In to buy more ETH but not just yet. This is just speculation (much like most of this thread) but I think this dip will go deeper as we get closer to the end of the month.

[mikebadg3]

Are we speculating that this dip is being caused by FUD due to Aug 1?

If so, Can we expect all players to bounce back up after the aug 1 deal?

To include omg?

[juvefan]

Are we speculating that this dip is being caused by FUD due to Aug 1?

If so, Can we expect all players to bounce back up after the aug 1 deal?

To include omg?

There's still a group threatening to hardfork and create BitCoinCash. The future is currently valued at $385. So yeah I'd say the market is down because of that. What could potentially still happen is a etc/eth situation

[propreffered7]

if that happens i would think the flippening HAS to happen.

why wouldnt it?

yes, eth did the same thing but surely trust in eth would be greater than btc when it forks..

[BostonRockets]

Yay just accumulated 4 ANS through trading. From 29.5 to 33.5.

Notbad.jpg

[Insanity_SC]

http://www.zerohedge.com/news/2017-0...ecurities-laws


SEC Enforcement
✔
@SEC_Enforcement
Capital raising through blockchain requires compliance with federal securities laws
http://
ow.ly/hbO230dUvgF
 
1:43 PM - 25 Jul 2017

[mcdojo]

http://www.zerohedge.com/news/2017-0...ecurities-laws


SEC Enforcement
✔
@SEC_Enforcement
Capital raising through blockchain requires compliance with federal securities laws
http://
ow.ly/hbO230dUvgF
 
1:43 PM - 25 Jul 2017

That's one of the biggest risk of cryptos, and why alot do their ICO overseas. The true beneficially has always been the company for ICO , not buyers. Where else can you sell something, but what you sold is gives the buyer no rights or anything. Literally these crypto companies can take your money and just shut down since they are not regulated, a lot of ICO actually say the token is a donation, when you buy into an ICO.

Take omise, they raised more money then they did from venture capialist. Yet venture capialist bought a part of the company and these guys aren't stupid to buy a token where there's 0 rights of the buyer. Now they will profit off the standard omise payment system, and also off OMG if it's success. While token owners invested in OMG, which could be abandoned at any time, with 0 recourse.

There's that other coin ICN I think, they did an ICO where they said there coin would give you dividends, people thought this is great it's like a share. Then afterwards they said nah we are not paying dividends lol, and nothing ICN holders can do.

[curtainbrah]

lol coins went down the ****ter. I got in deeper into OMG when it hit 1.2. Bought some ETH at 190 aswell. Ready to dump more cash if there is a further dip. Come at me crypto market i will buy all the coins

[mcity23]

i dont know why you guys are hyped about OMG. it was a good ICO coin to invest in, but it's risky now. 1) the payment card space is about to be littered with competitors, 2) payment card companies will have extremely low revenue for a while.

Nah mane, disagree. Still by far the best kept secret in crypto IMO. Based on speculation alone should at least be double its current marketcap and in the top 20. It's not risky (relative to other cryptos). And it wasn't just another ICO. In fact, you couldn't even invest in it as an ICO because a company saw its value and bought it out before it even began (some tokens were left for presale buyers though I think)

[yuja]

Nah mane, disagree. Still by far the best kept secret in crypto IMO. Based on speculation alone should at least be double its current marketcap and in the top 20. It's not risky (relative to other cryptos). And it wasn't just another ICO. In fact, you couldn't even invest in it as an ICO because a company saw its value and bought it out before it even began (some tokens were left for presale buyers though I think)

shill

[KMadigan777]

Well I see SEC is stepping in - and they don't like ICOs at all. I loosely suspected the gov would get in and lock this chit down.

[propreffered7]

http://www.zerohedge.com/news/2017-0...ecurities-laws


SEC Enforcement
✔
@SEC_Enforcement
Capital raising through blockchain requires compliance with federal securities laws
http://
ow.ly/hbO230dUvgF
 
1:43 PM - 25 Jul 2017

what does them being registered as securities mean?

taxed differently?

i feel like the only thing this does ia prevent whales getting in on icos, for however many million.. then dumping on poorer folk