iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,430 Blog Posts

Enjoy the Long Weekend; Trade More Shitcoins

I spend my days trading equities and generally winning. At nights, and now on the weekends, I trade SHITCOINS — cryptocurrencies that go higher on a minute by minute basis. I’m just getting into this sort of drivel, so I’m not entirely comfy giving picks, although I’ve done so inside Exodus on occasion.

Right now the crypto market is so overwhelmed, the major exchanges aren’t accepting new accounts. More than that, the execution is laughable. If you wanted to buy Bitcoin on Coinbase now, you’d need to wait ~12 days for said bitcoin trade to settle, meaning you’re locked the fuck in until it hits your account.

In short, this is a market that is unable to handle the order flow, which is also completely filled with rank amateurs who don’t know what they’re doing. But that’s the wonder of it all — a bunch of retards chopping each other’s dicks off and not even knowing it.

Enjoy the long weekend and try to avoid visiting SHITHOLE countries that are actual cesspools. As for me, I’ll be toiling away, improving myself, making a mockery of my competition.

Crypto market cap is over $730 billion again. Share whatever SHITCOINS you enjoy buying in the comments section.

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31 comments

  1. noisefilter

    Coinbase really isn’t meant for trading – but I think you already know that.
    If you have a coinbase acct you should automatically be able to use GDAX (its the same company).

    I’m bullish on ZRX short-term and long on ETH.

    If you want to read a bullish, overhyped tweet thread (not by me) read this:
    https://twitter.com/StartaleTV/status/951798869293223936

    I suggest everyone get in while the gettin’ is good – otherwise you’ll kill yourself when your mailman starts delivering mail in a Bugatti.

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  2. hardy har har

    shithole coin of the week – clearly “ibank coin” – only trades against USDT on Kraken. A fork of Dogecoin with 100’s of daily commits by the peanut galley. Has a nice reverse pyramid ponzi scheme and CNBC is running a special this weekend on how to buy. #moon

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  3. goodgreed

    Let me shill:

    XRB is the best digital currency, no fees, instant transaction.
    NEO is the best smart contract platform, nice lineup of upcoming ICOs, POS with ~7% yield
    ATL, PRO – two under the radar real estate transaction platforms
    KCS, COSS – two good exchange tokens that share transaction fees with holders
    ADT – under the radar digital ad exchange platform, partnered with Microsoft.
    UFR – under the radar, incentivized torrent sharing platform
    MYST – decentralized VPN network… will help China log onto facebook and netflix
    RLC – REQ, LINK – decentralized enterprise solutions
    WABI – VeChain, WAT – RFID plays
    PRL – Decentralized storage and alternative income generator for web site owners
    LUX – a speculative new POS smart contract platform

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    • bob smith

      Kiss my arse. Just because you use the name “shit coin” in the same sentence as “Microsoft,” doesn’t legitimize your shit coin. This ruse has been used to supposedly enrich a bunch of basement dwellers. So what? I don’t live in a basement and don’t intend to.

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  4. mushroomz

    I’ll shill Vertcoin, $VTC a quality shitcoin that has yet to participate in the recent alt rally.
    ASIC resistant. Part of the lightning network, with segwit enabled. I would say this coin is Litecoin’s little bro. Think atomic swaps between $LTC and $VTC. Showing strength tonight.

    I also think $ZEC is about to blast off. A coin that trades on all the best exchanges.

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  5. txdohawk

    I like FUN right now, solid project, good 2018 roadmap…and due to large token supply, “cheap” price per token, which is attractive to all these new guppies who can’t do basic math.

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  6. it is showtime

    Nice halluncinogenic programmed Dow closes to end the week
    To the inner circle of shadow wall st:
    You haven’t kicked me out of a full inverse positioned lineup

    And you’re running out of room in what can solely be described
    as a textbook bubble peak.
    See you next week. You won’t be able to get what can be described
    as synthetic circuslike increases.

    The inflection is so near. And I’ve gone toe to toe with you, As I said I would.
    All acct balances and positions, are refilled, and reset, as if I just started shorting
    the market today. Full allocation. And a higher principal than was originally present.

    Boombust is about to shit on everyone, You dumb fucks deserve it

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    • it is showtime

      weak ending

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    • Bullish

      Speaking of shit for brains… Hi showtime

      Do you ever feel like you have been stuck in a never ending video clip on repeat? How many frickin years will you say the same exact stupid shit?

      Good day!!

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      • it is showtime

        We were right. permabears
        You have shillerpe parabolic, above black tuesday, textbook bubble, inarguably near? inflection?
        You have boombust#3, ‘on the doorstep’, sorry
        No offense but I have the upperhand
        The probability now leans, that outcome.
        First of all. Second of all,
        it’s not a “hundred percent” but it’s up there
        The empire strikes back moment is most likely,
        the turning point. Clearly clearly clearly progressing

        Numerous assertions I made materialized. Notice I don’t need to “spar” with you anymore

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        • s.k.

          “higher principal than was originally present”

          Explain to me how one can be on the wrong side of the market for years and have a higher principal than when you started. How does that work?

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  7. cwalsh7723

    Pump and dumping shit coins like a god damn criminal on shit exchanges.

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  8. bitcoin fag

    Should’ve known you’d be lurking in shitcoin lairs, Fly. I don’t trade a lot due to complicated tax repercussions, but my current hodls are as follows:
    BTC-75%
    EOS- “ethereum killer” headed up by developer with 2 successful projects under his belt (steem, bts)
    Dcr
    Gvt- Russian shitcoin targeting asset
    management.
    Ltc
    Mue
    Block- looking to manage communication
    Between different blockchains.
    Xmr- gold standard privacy coin
    Ardr
    Shift

    People you should follow on twitter for crypto insight.

    @thisisnuse straight altcoin trader
    @notsofast
    @Needacoin
    Just to name a few. I’ll look up some others.

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  9. ironbird

    Queers stick cock in shitholes. Racist as shitcoins.

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  10. gappingandyapping

    THIS >>> https://www.zerohedge.com/news/2018-01-11/new-survey-reveals-staggering-number-people-are-buying-bitcoin-their-credit-cards is exactly what I thought might be happening. I actually had been doing this with a group of friends that didn’t even know what bitcoin is. What we had been doing is buying bitcoin up to 100k at a time on credit card, immediately selling that bitcoin for cash, dropping that cash into a yield account and using the 60 day float on the credit card to collect the yield on a 30 day CD. Rinse/Repeat, some cards we had allowed 365 day float, I believe it was a Discover Card. I suspect we can’t be the only ones doing it.

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    • gappingandyapping

      My mistake that was a money market from Synchrony that we were using, not a CD.

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    • joseph25

      Buying shitcoin with credit cards sounds like a very unsound tactic. What do you do when said shitcoin tanks $3000.00 in an hour and you can’t get out of the trade, due to incompetent exchanges? This is a recipe for disaster.

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      • gappingandyapping

        Re-read how I was doing it. I bought and immediately sold the coins. The only reason for this was to immediately turn this into cash. It had nothing to do with bitcoins themselves, it was essentially a way to extract cash from the credit cards without having to pay the high cash withdrawal fees that credit cards charge. You could also put the cash into any other investment. Bitcoin was simply the method to get to cash, could easily be ripple, LTC or ETH.

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  11. noisefilter

    Thats a lot of work for 1% yield on 100k.
    Why not just play the volatility in ETH, BTC or XRP?
    If you were smart you’d of tripled your money in a week.
    In fact, I think you’re a liar.

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    • gappingandyapping

      Why would I lie about something that is not a huge return? Why not say I bought millions in Ripple before the run up or some bullshit like that. Why not play the volatility? Simple, its a risk free return. Why were people doing Yen carry trades, why would people borrow cheap money from the FED and only put it into T Bills. Its about capturing a return risk free. You say its a lot of work but it takes less than 15 minutes every 2 months. Its all electronic and virtually automated, the credit cards are automatically paid from the money market account via ACH, the only manual work is the buying and selling of the bitcoin and then clicking transfer on the sale proceeds. To call me a liar indicates that you simply don’t understand how it worked.

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    • gappingandyapping

      And by the way its 1.5% on that return, I am sure you can find a higher yield out there but this was the easiest way for me.

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  12. stripper

    A recent Harris poll indicated that 40% of male millennial would prefer Bitcoin over stocks – enuff said.

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  13. ho_chi_min

    XMR + ETH + FUN + STRAT + NEO

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  14. mhass33

    This whole thing is about to crash because BTC is going to crash and take everything down with it. BTC was a great MySpace innovation, 1.0 version of crypto, but it literally has no value anymore now that many other coins offer the same benefit (digital scarcity) plus way more underlying value. Everything is going down imminently and after the crash there will be good buys to be had (not BTC).

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  15. moosh

    LeFly, check out $IDRA. Biotech is the momo and trumps all of this bullshit for time being me thinks. Au and ag bitchiz. Toodaloo

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  16. rangersfan

    btc black monday, no crypto survives this today, tonight, tomorrow. futures traders are going to lean on this tonight, get some usdt while you can

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  17. mad marsupial

    A decent site for quickly scrolling through graphs of many crypto. Clicking on any graph brings up options. No account necessary. https://cryptowat.ch/

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