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    Cryptocurrency Daily Discussion Megathread - August 11, 2018

    August 11, 2018

    Cryptocurrency Daily Discussion Megathread - August 11, 2018

    Daily Discussion Megathread - August 11, 2018

    Posted: 10 Aug 2018 11:23 PM PDT

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    submitted by /u/CryptoCurrencyMod
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    Grandad was watching the news and hit me with this today

    Posted: 10 Aug 2018 07:47 AM PDT

    How do I cope with these terrifying losses? I bought literally at the peak in January.

    Posted: 11 Aug 2018 12:33 AM PDT

    Serious question. I've been developing the shakes recently. It's midnight where I live and I just woke up with an insane anxiety attack and almost fell out of bed.

    I put almost the entirety of my life savings into crypto in January. Almost 80k which I saved up after 6 years of working full time after college.

    Everyone was talking about how we were early adopters, etc, and I honestly though I was going to be a millionaire in a year or less.

    I immediately lost 25% within days of buying. "This is ok" I thought, I mean it might have been stupid to buy after such a strong spike in January.

    But now, I have 6k left.

    six. fucking. thousand. dollars.

    What do I do?

    submitted by /u/jellybeanerr
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    These are tough times but if you can make it through this you will have truly earned your gains when the next run up comes

    Posted: 10 Aug 2018 03:58 PM PDT

    True story! Crypto isn’t about SEC or approvals

    Posted: 11 Aug 2018 03:31 AM PDT

    Crypto Market Crumbles To New Year-To-Date Lows, Where Does it go Next?

    Posted: 11 Aug 2018 03:41 AM PDT

    Bitcoin Dominance is Now 50%!

    Posted: 10 Aug 2018 08:44 PM PDT

    This is What Blood in the Streets Looks Like

    Posted: 10 Aug 2018 09:24 PM PDT

    Cast your mind back to December and January. The excitement. The euphoria. The adrenaline. The "I'm gonna be fucking rich" swagger.

    Now flip that on its head. 180 degrees. What does that look like? It probably looks a lot like this.

    People calling for a two year bear market are wrong. Those times have passed. We are on a much shorter timeframe now given the interest, money and human capital dedicated to the space. Last January, I called for a 2-12 month bear market. I think I'm still looking good on that.

    Contrast how in 2017 every fucking piece of news, good or bad, moves the market. China bans ICOs? Boom -20%. Coinbase subpoenaed for tax purposes? Boom -10%. Overstock.com CEO says Bitcoin is the future? Boom +10%. Segwit2x been cancelled? Boom +30%.

    My point is this: as ridiculous as 2017 was where we reacted to everything like off-pipe meth head, we've now go to the exact opposite of reacting to nothing. The reality is that we probably lie somewhere in between and should be pricing in all the incredible developments occurring in the space, but we aren't.

    Hold until Q1 2019 when the next market catalyst will arrive and all of this will seem like a bad dream.

    submitted by /u/theblockchainkid
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    Is this downpressure too much?

    Posted: 10 Aug 2018 05:59 PM PDT

    Do you guys think that the exchanges like Binance and Bitmex making billions in fees, plus ICO's and Dev teams cashing in to cover operational costs are taking it's toll on crypto? With not many new buyers entering the space and the constant profit-taking of those previously mentioned, are they slowly sucking crypto marketcap out of the system? Our own community is killing itself in a way.

    submitted by /u/warrchaser
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    Facebook Denies Partnership with Stellar - Classic Social Media PND driven by fake news (Reddcoin v2.0)

    Posted: 10 Aug 2018 06:07 PM PDT

    Bitcoin Dominance Rate Hits 50% For First Time in 2018

    Posted: 10 Aug 2018 09:46 PM PDT

    What Needs to Happen Before Institutional Money Will Enter the Market? Is the Market Ready Now? Listen to What These Ex-Hedge Fund Traders Have to Say

    Posted: 10 Aug 2018 06:44 PM PDT

    Tell me what you think about this.

    Posted: 11 Aug 2018 12:43 AM PDT

    People are not idiots, they are people looking for the best way to invest their money, and in terms of ROI and passive income, if you can handle the heat, there is nothing superior to crypto.

    Crypto is the future and I do 100% want to stress that people need to stop with the "we got fucked" memes and start explaining that this volatile nature is NORMAL for these crypto assets and the potential is ridiculously huge.

    Crypto is going through the roof on the next bull run and you better not miss out.

    People do not need to speak about prices in general, but if you want new investors tell them about the use cases which the blockchain technology offers.

    The potential is more than incredible and I am dollar cost averaging $100 or something monthly in.

    To be completely honest, I am happy if crypto goes up then I make gains, but if it goes down I am also happy as I dollar cost average and add to my position.

    Also I did enter the market late November 2017 and I do not care about the short-term, because i have felt the excitement that crypto offers and It has changed me forever, I believe in crypto and I know it will be trillions worth real soon, perhaps until end of 2018 even, yes If the CBOE ETF gets accepted during 2018 It will make a 1 click buy on crypto assets for institutional investors who have their newly acquired assets INSURED!

    YES CBOE provides INSURANCE on the crypto ETF, making it a game changer and also super unlikely to be declined.

    Do not take my words for it, I have lost some capital during the last months, but even a 90% dip is only a dip because crypto is here to stay.

    The next generations will be seeing crypto as we see the Stock Market, it will be there and everyone of them will be saying god damn it I wish I was born earlier to take advantage of the gains (similar to me whining about missing out on the gold rush).

    Tell your friends to put at least $50 in crypto if you care about them, nothing worse than missing out on this!

    submitted by /u/CekoNereza
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    Binance doesn't “list shitcoins even if they pay 400 or 4,000 BTC”, says CEO

    Posted: 11 Aug 2018 03:25 AM PDT

    Should every investment portfolio hold 1-6% cryptocurrencies? New Yale study says yes. • r/investing

    Posted: 10 Aug 2018 09:33 AM PDT

    Facebook denies having discussion with Stellar

    Posted: 10 Aug 2018 10:18 PM PDT

    Vitalik wants a crypto card for mass adoption and STK is building it with multi-token payment channel

    Posted: 10 Aug 2018 11:57 AM PDT

    Hodlers Are Hurting, Cryptos Crushed with Another $20 Billion Dumped

    Posted: 11 Aug 2018 02:41 AM PDT

    Crypto Treasure Hunt: Locate £5,000 in Nano around London

    Posted: 11 Aug 2018 01:25 AM PDT

    Any new buyers here?

    Posted: 10 Aug 2018 06:45 PM PDT

    Lots of characters to meet the minimum requirement to be able to make a post

    Are they any new buyers here putting money into the game and trying to make some money on the daily ups and downs as we continue to hold on to making money?

    Personally I cashed out in December and bought back in today after the dump to 6k that was triggered for no apparent reason.

    submitted by /u/Biershitz
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    Asking for an independent NEO opinion from /CryptoCurrency

    Posted: 11 Aug 2018 02:35 AM PDT

    I have been a NEO holder since the ANT days and follow the NEO sub.

    I would like to know from a more impartial group what your thoughts are. Whilst we are in a bear Market NEO's price has dropped substantially more compared to other ALTs.

    Thoughts on tech, adoption, pricing and competing coins would be appreciated

    submitted by /u/pmmeyour_lingerie
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    Very detailed deep-dive into blockchain scalability issues

    Posted: 10 Aug 2018 12:31 PM PDT

    Spotted these paintings while in Polland. Adoption confirmed

    Posted: 11 Aug 2018 03:26 AM PDT

    Don't Be A Crypto 'Weak-Hand', It's What They Want... — Steemit

    Posted: 10 Aug 2018 11:39 PM PDT

    Coinbase BTC/USD Trading Pair Frozen for Over 12 Hours, Users upset

    Posted: 11 Aug 2018 01:23 AM PDT
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