Anybody into cryptocurrency?

A8K

Ball Boy
Oct 22, 2016
1,792
314
Bitcoin 7500 is here already!??? wonder what it closes as.

Is anyone informed as which markets it gets traded in? sounds like can trade it 24 hours which means from far east (even New Zeland) to west coast of california it gets traded.. or do some exchanges open and trade 24 hours???

** update
touched 7300 and possibly surge to $9500 plus levels since korea allows trading again..
 
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A8K

Ball Boy
Oct 22, 2016
1,792
314
Telegram going public ( also touted as top 5 ICOs of the 2018) and its aim to become full service blockchain ecosystem ( recenty raised under $2bil by way of ICO #TONS) seem to be the excuse to ban it in Iran

Hassan Firouzabadi, secretary of the country's High Council for Cyberspace, yesterday pushed for Telegram to be blocked in Iran on state TV, saying the firm's dominance in Iran was "the enemy of the private sector" and adding:
"Telegram has officially announced that it will be used as an economic platform, and Telegram will undermine the national currency of Iran."

“We cannot allow [Telegram’s virtual] currency to enter the country,” he continued, reportedly adding that its presence could lead to as much as $50 billion being funneled out of the country.

That said, the proposal does not have universal support among Iranian officials. President Hassan Rouhani, a moderate, reportedly declared his opposition to the ban in a meeting with other high-ranking officials.

“Nobody is opposed to breaking Telegram’s monopoly [in Iran], but blocking Telegram is not the solution for creating [and enhancing] local messaging applications,” he reportedly said.​
On March 31, according to the news source, parliament member Alaeddin Boroujerdi said the move to block the messaging app "was a decision made at the highest levels, and Telegram will be replaced by a domestic app."
 

A8K

Ball Boy
Oct 22, 2016
1,792
314
Crypto is still alive .. 7k is not chump change but idea originally geared to make life easier and decentralize currency seem to have fallen in the hands of the very same ppl controlling money and world finance.
 

A8K

Ball Boy
Oct 22, 2016
1,792
314
^ pure gamble (unless you're suggesting to short it, which might be a gamble too, I did say downward to $6k when it was $7.5) .. what metric or support do you use in that suggestion ? other than the fact that some contrarians have been right some of the times in the past?

crypto was a tool to decentralize control of the money and turned into a manipulation tool and get rich quick scheme.. not saying it's done but it sure got hyped beyond imagination.
 
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Bache Tehroon

Moderator
Staff member
Oct 16, 2002
37,950
523
DarvAze DoolAb
www.iransportspress.com
^ pure gamble (unless you're suggesting to short it, which might be a gamble too, I did say downward to $6k when it was $7.5) .. what metric or support do you use in that suggestion ? other than the fact that some contrarians have been right some of the times in the past?

crypto was a tool to decentralize control of the money and turned into a manipulation tool and get rich quick scheme.. not saying it's done but it sure got hyped beyond imagination.
Pure gamble indeed as I have stated multiple times under this thread (even discouraging myself from discussing the matter when BTC was hyped up to $25K).

It's an emotion-driven equity much like many stocks. You can always make money if you keep a cool head during the market's emotional swings. BTC has fallen into a volatile emotional swing and will surely pendulum back and forth a few more times before stabilizing. It's not a GE or Boeing stock supported by earnings. It's a crypto currency purely driven by speculation and investor emotion. The sentiment will reverse.
 

A8K

Ball Boy
Oct 22, 2016
1,792
314
^ yes and still trading way bellow 200 ema daily and $4850 seem to be the immediate support.. (with the little I know)

Takes certain stomach to get involved, and would have loved to know if anyone here trades it daily or short term has trouble with liquidity or orders getting processed or get executed as they expect.
 

Bache Tehroon

Moderator
Staff member
Oct 16, 2002
37,950
523
DarvAze DoolAb
www.iransportspress.com
^ yes and still trading way bellow 200 ema daily and $4850 seem to be the immediate support.. (with the little I know)

Takes certain stomach to get involved, and would have loved to know if anyone here trades it daily or short term has trouble with liquidity or orders getting processed or get executed as they expect.
I have no trouble selling my bits immediately as they come. I haven't bought for a while (I only cash my deposited mining payouts).

I'm guessing people are not having trouble buying either since the trades are almost immediate.
 
Likes: A8K

A8K

Ball Boy
Oct 22, 2016
1,792
314
bitcoin showing nice strength, first time it's being tested when there's action on the republican side bombing something LOL.

** comment below was confusion of dollar price in Iran and crypto bitcoin threads.. don't worry soon will get there

^ are you 3-ri-you-3 ? damn I need to ck into it... soon noon taftoon would be like 25000 toman

** update cardano huge lift on news of exchange listing

https://www.newsbtc.com/2018/04/17/cardano-climbs-higher-binance-expands-ada-listings/
 
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A8K

Ball Boy
Oct 22, 2016
1,792
314
Matthew Mellon is probably not in it as he's "out" ! Billionaire banking heir Matthew Mellon has died, reportedly at a Mexican rehab facility. He was 54. Mellon was a scion of the Mellon and Drexel banking families.

Mellon made his fortune in cryptocurrency, turning a $2 million investment into $1 billion.
 

Playboy

IPL Player
Oct 18, 2010
3,194
217
so how's the crypto craze going?
just an update on my portfolio.
i'm blowing out all the indices return for the past year.
see below.
i'm in a good mood so i give you a tip.
buy CTL.
it's a telecom that's just starting to take off.
it pays more than 11% dividend based on today's closing
price.get in before $20.you can thank me later.
if you want to know my holdings,send me a pm.

PrtRet.png
 

Zob Ahan

Moderator
Staff member
Feb 4, 2005
16,004
372
so how's the crypto craze going?
just an update on my portfolio.
i'm blowing out all the indices return for the past year.
see below.
i'm in a good mood so i give you a tip.
buy CTL.
it's a telecom that's just starting to take off.
it pays more than 11% dividend based on today's closing
price.get in before $20.you can thank me later.
if you want to know my holdings,send me a pm.

View attachment 40349
You should be invested in the Tehran stock exchange or the new IR crypto currency ShiiteCoin. (SHC). It's going to the moon. The same moon Khomeini's face was on.
 
Likes: A8K

A8K

Ball Boy
Oct 22, 2016
1,792
314
XLM has legs, I believe may see higher

Good news for Bitcoin, Litecoin, and Stellar (and NASDAQ tipping toward these three crypto and somehow allowing trades / possibly ETF format?)
Stellar Lumens (XLM) has remained fairly consistent in a turbulent market over the last week.

Staying steady in the current climate has been mainly thanks to news of collaborations with big firms like IBM and Kin Foundation among others.

Stellar is currently the 8th largest crypto with a market cap of around $5 billion, according to the live price charts.
http://cointhud.com/nasdaq-exchange-bitcoin-litecoin-stellar/
 

Playboy

IPL Player
Oct 18, 2010
3,194
217
i'm in a good mood so i give you a tip.
buy CTL.
it's a telecom that's just starting to take off.
it pays more than 11% dividend based on today's closing
price.get in before $20.you can thank me later.
if you want to know my holdings,send me a pm.

so CTL had killer earnings and is up 13% today.
hope you picked up some below $20.