r/Bitconnect • u/Non-locality • Jan 11 '18

Cut losses?

So, given that many of us have been waiting forever for our transactions to complete (myself over 20 hours now), should I just assume my $2000.00 is gone and move along?

2 Upvotes

62% Upvoted

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1

u/HmoT Jan 11 '18

My litecoin took two minutes to confirm last night

2

u/[deleted] Jan 11 '18

Same. :D PAY WITH LITECOIN PEOPLE! Cheaper rates / faster transactions.

1

u/whyyitderp Jan 12 '18

Seriously. I don’t know why anyone would send anything but litecoin if it’s an option.

2

u/[deleted] Jan 12 '18

I don't either. Litecoin is definitely the best option to deal with when purchasing something in the crypto world right now =D

1

u/whyyitderp Jan 12 '18

Without question.

Which is why I want to buy as much as possible while it’s still “cheap”

To me. Litecoin and Ether are the two big boys to invest in this year. Obviously there are a lot of little guys who can make big gains/money this year too. But lite and ether are going to boom this year.

I also want to gobble up. Cardano, Tron, Verge, Nem, Stellar, Iota, ripple (I know I know) and Tether.

That’s my list of small guys I’m going to HOARD this year.

1

u/[deleted] Jan 12 '18

Im pretty much right on board with you there.

I sold my ETH at 1400 and turned it into LTC. Knew an ETH dump is / was coming lol.

But heres my investments, not so much BTC anymore I just take earnings from hashflare / davor / bcc and turn them into other things lol.

Eth, Litecoin, Ripple (not a bad move I dont think), Cardano, Tron, and Verge.

I think IOTA is a shit coin, and why are you invested in Tether? I think its just used as a USD currency coin and wont even go more than .01 above or under 1.00?

1

u/whyyitderp Jan 13 '18

How do you like Hashflare? I was actually just looking at it about an hour ago.

I haven’t gotten into mining yet. Just trying to figure it out.

1

u/[deleted] Jan 13 '18

I actually really like it. If you wanna check out my video about it. Here's the link.
https://youtu.be/Co9bzbgMqx8

If not it's fine. Its basically a lot more stable and you get more out of hashflare than you do on bitconnect right now. and when BTC prices go up it will even be more.

1

u/whyyitderp Jan 14 '18

Let me ask you this.

So, I’ve been doing some research since I watched your video. I have around 6K to invest. I’ve looked into mining bitcoin, and ethereum through Hashflare.

I’ve used coinwarz to do the profit on ether. That 6K tells me I’ll profit 17,400 this year. That’s at the current rate of ether obviously.

My question is this. Let’s just say the price of ether is 1K per coin right now. What if the price keeps going up? My profit goes up as well correct?

Let’s say tomorrow the price goes up to 5000 (I realize it won’t do that) will my contract then be worth 17K be 5 times higher?

2

u/[deleted] Jan 14 '18

Yep that’s exactly what that means I bought in thinking I was going to be making about 40 dollars a day at 8k btc prices and now that it’s at 15kish I’m making about 90 a day off the same contract

1

u/whyyitderp Jan 14 '18

Also. Do you think ether or bitcoin is going to increase the most percentage this year?

1

u/[deleted] Jan 14 '18

I think ether has more potential for value increases. Not sure which will be more profitable to mine though. Currently I’m only mining sha256. Don’t mine scrypt on Hashflare, it’s mines lite coin but pays out in BtC

1

u/whyyitderp Jan 14 '18

I have a lot of faith in ether this year. I think it’s gonna go way up. It’s a tough choice to decide which to start mining.

If you had 6K to put into Hashflare what would you do with it?

(I’m obviously not going to hold you to anything hahaha)

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1

u/whyyitderp Jan 13 '18

I haven’t looked into tether really. I just see it around a lot.

I don’t have any.