Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. aspenbuff

    aspenbuff Well-Known Member
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    McAfee is such a clown.
     
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  2. kinghill

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  3. Name P. Redacted

    Name P. Redacted I have no money and I'm also gay
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    well that lights a fire under my ass to get my shit off binance
     
  4. kinghill

    kinghill Cool American Flavour
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    same.

    binance was completely down for a day or so. they posted lots of updated on twitter which was good.
     
  5. kinghill

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    jesus christ
     
  6. kinghill

    kinghill Cool American Flavour
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    It's like it's not IF, but WHEN, all of our coins will be stolen.
     
  7. aspenbuff

    aspenbuff Well-Known Member
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    Conflicting reports whether it was 17 million XRB/NANO or $17 million. Either way, this stinks of the Bitgrail owner running off with everyone's money and blaming it on the code.
     
  8. aspenbuff

    aspenbuff Well-Known Member
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    Nano dev team official statement:
     
  9. Mr_Rad

    Mr_Rad Well-Known Member
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    All my XRB is in Raiwallet.

    I can't remember specifics but Bitgrail came across super sketchy at one point iirc
     
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  10. Mr_Rad

    Mr_Rad Well-Known Member
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    I should really move my fct off whatever shit exchange I bought it on, I think that's my big outlier
     
  11. Killy Me Please

    Killy Me Please I lift things up and put people down.
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    There's a chat log with the bomber and Dev team. It's annoying to read. The guy is incredible
     
  12. fsck~

    fsck~ ~
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    I got the last of my money off of bitgrail this week. :awesomeface:

    I think everyone suspected this from the beginning who had been following Bitgrail's weird ways of handling everything.
     
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  13. Killy Me Please

    Killy Me Please I lift things up and put people down.
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    Cliffs on what happened

    - Bitgrail contacts XRB and says there is an urgent problem, they are missing 15 million XRB
    - Asking the XRB devs to investigate the blockchain to see how this is possible, says he was hacked
    - XRB devs look at the blockchain, sees withdrawls have been done for awhile now
    - XRB asks how he just noticed this now
    - BS answer
    - Says he needs help coming up with solutions because he needs to go to the police and report theft
    - Bitgrail mentions 2 options (forking nano so he can somehow cover his losses or straight up giving bitgrail the XRB coins in the burn account)... Both are not possible, also completely scammy
    - Next morning Bitgrail asks what the recourse will be.. XRB says go fuck yourself, we're sending our own public annoucement - you are on your own
    - Bitgrail then tries to blackmail the XRB dev team by saying he'll send his own account of what happened and blame XRB
     
  14. texasraider

    texasraider thanks
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    In the meantime crypto is fun again
     
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  15. aspenbuff

    aspenbuff Well-Known Member
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    Good summary. Seen some people blame the Nano team for ever associating with Bitgrail/Bomber in the first place, but that's people just lashing out IMO. I think the team has handled this about as well as possible. Picked up another 1200 XRB on Kucoin at various prices between .0010255 and .0017 a little bit ago. I feel for people who lost money because of this but I just don't see how this has any negative long term effect on XRB's price given that it is now on Binance and Kucoin.
     
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  16. texasraider

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    So if one were to want to buy the bad news on XRB, where would one go? Kucoin seems to be down
     
  17. Killy Me Please

    Killy Me Please I lift things up and put people down.
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    Got the link/cliffs from a friend. https://www.dropbox.com/s/3g38y67luolfvqs/Colin_ZS_Bitgrail_chat_log.pdf?dl=0

    The core team was skeptical hippo from jump street
     
  18. gatordmd8

    gatordmd8 Well-Known Member
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    Binance
     
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  19. Handcuffed

    Handcuffed A Succulent Chinese Meal
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    I BELIEVE IN YOU RIPPLE

    RUN FOR ME
     
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  20. dblplay1212

    dblplay1212 Well-Known Member
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    I see Ripple talked about all the time but I can't follow it's ups and downs bc it's not on Coinbase and that's the only exchange I ever look at. Where can I easily check it's value?
     
  21. Goose

    Goose Hi
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    Coinmarketcap.com for basically any coin
     
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  22. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    In case you needed to know why not to buy into XRP, look above at whose holding
     
  23. Handcuffed

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    i think when most people bought into it in this thread (and most have since gotten out of it), they purchased it on binance.

    but your post is exactly why there's a lot of speculation around which coins will be added to coinbase and why there's such a big deal around those
     
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  24. arrdub

    arrdub Well-Known Member
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    Easier on mobile if you just get Blockfolio, delta, or CoinTracking app. Don’t have to have holdings to watch.
     
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  25. dblplay1212

    dblplay1212 Well-Known Member
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    Has Coinbase ever said why they have the coins they do? Weird that Ripple is 4x as big as LTC but LTC is on there while Ripple isn't.
     
  26. Handcuffed

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    yeah, they've published a couple of blogs that have attempted to clarify which coins they'd support. one blog was very recent, in fact, when ripple was about 2x-3x bigger. one of their blogs listed qualifications and ripple doesn't meet all of them but, obviously, coinbase can change their rules when they want (as they did when they launched bitcoin cash).

    ripple itself is mostly a Korean coin (i think I've read >75% of trades of XRP are from Korea) so getting added to Coinbase isn't the biggest deal for it. but we'll see what happens in the future, i guess.
     
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  27. bburritos

    bburritos Guest

    Doesn't really mean much, but Brian has also said this in the past:

     
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  28. aspenbuff

    aspenbuff Well-Known Member
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    Likely to change his tune as more fiat onramps force them to compete, particularly if those fiat onramps feature alts.
     
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  29. kinghill

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  30. THF

    THF BITE THE NUTS, THUMB IN THE ASS!
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    It went nuts yesterday, and is almost half way to the price when I bought it lol.

    Keep running my friend.
     
  31. lechnerd

    lechnerd They say Monaco is a sunny place for shady people
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    LOL
     
  32. Oranjello

    Oranjello Well-Known Member
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    Here's the text of the bill engrossed by the Arizona senate. Assuming that bill is enacted and federal tax law doesn't change, you'd have to gross up the amount of crypto used to pay state income taxes to cover any anticipated fees associated with converting crypto to USD. Under federal tax law, you'd also have taxable gain on the amount of crypto you used to pay your state income tax liability since you'd be exchanging property for tax-liability relief. The taxable gain would be equal to the difference in your basis in the crypto and the amount credited to your account, less any overpayments (for example, overpayments that arise due to over-estimating the amount of fees associated with conversion). You'd also get a deduction on your federal return for up to $10,000 on state taxes paid (allocated between both property taxes and income taxes). And assuming Arizona is like most states and largely follows the federal tax code, you'd also have state income tax liability associated with the conversion of crypto to USD the same as you would under federal law.

    This seems really messy.
     
  33. kinghill

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    What ISN'T messy involving taxes
    But yeah that does sound messy
    Still kinda cool for crypto and very unexpected
     
  34. Beachy Toast

    Beachy Toast He wants you too, Malachi.
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  35. LeVar Burton

    LeVar Burton Knee deep in a dynasty, ROLL TIDE!
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    Can people even log into bitgrail and see their wallets for their eth and btc? So if you had xrb on bitgrail it’s all gone for all users?
     
  36. Baseballman86

    Baseballman86 Well-Known Member
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    The market as a whole is officially up over the past week now. Turnaround, or just a bounce?
     
  37. gatordmd8

    gatordmd8 Well-Known Member
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    I bought more FCT and ETH yesterday so I'm sure it's getting ready to crumble again.
     
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  38. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Bitcoin still hasn't broken through the top of the bear channel it's been in since Mid-December yet.
     
  39. wheyum

    wheyum Well-Known Member
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    So i lucked out an had moved my XRB to Rai Wallet, a month or so ago.
    However my password to the website is the same as the one i use for another exchange. I wonder if that account is at risk now. (I'm going to change my password just in case).
     
  40. Name P. Redacted

    Name P. Redacted I have no money and I'm also gay
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    Never ever re-use passwords, especially for sites that have financial or personal information. Smh.
     
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  41. Bankz

    Bankz Well-Known Member
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    SNOV isn't moving on the market according to me silly shitty portfolio app. Is my app lame or is something wrong
     
  42. jrmy

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    I would say that’s a major improvement from what’s been happening
     
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  43. Bankz

    Bankz Well-Known Member
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    So nothing wrong with the coin itself? A issue with my app?
     
  44. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Is it saying it’s not on exchanges? What is happening?
     
  45. Bankz

    Bankz Well-Known Member
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    All my other coins are moving up and down.... This one hasn't had any info or changes for 4 days.
     
  46. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    My staking portfolio is only about 10% away from where it was at the ATH

    #stakeyourbooty
     
  47. Ty Webb

    Ty Webb Living rent free in Jigga's head
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    Is that a technical precursor to extinction?
     
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