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re: Official CryptoTalk Thread

Posted on 7/27/17 at 11:07 pm to
Posted by The Baker
This is fine.
Member since Dec 2011
16185 posts
Posted on 7/27/17 at 11:07 pm to
(no message)
This post was edited on 1/10/21 at 6:39 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/28/17 at 12:13 am to
quote:

/CryptoTalk by Bullfrog
ETH is still 1/2 price


It's not. That $400 was severely inflated
Posted by 3en
Member since May 2015
507 posts
Posted on 7/28/17 at 12:27 am to
quote:

severely inflated

Like Space X stated,
quote:

Classic irrational exuberance


I don't post much on MT, but its probably my 2nd most visited board. Seeing this thread catch fire and burn through the amount of pages in 3 months, that is 3/4 of the amount of pages the 'Credit Card Benefits' has that took 3 years to tally, says something.

Cheers to you breaking even.
Posted by Sho Nuff
Oahu
Member since Feb 2009
11927 posts
Posted on 7/28/17 at 1:38 am to
quote:


It's not. That $400 was severely inflated

What are you doing right now, HODL? What would you do with buying as of now?
Posted by The Boat
Member since Oct 2008
164354 posts
Posted on 7/28/17 at 2:11 am to
Damn I really didn't notice how many pages this thread is now. I miss the good ol days of last month.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56442 posts
Posted on 7/28/17 at 6:01 am to
This stuff is a rocket on the launch pad. It is not a fad bubble. It will go up and down. Coins and exchanges will fail.

But fortunes will be made. Hang on!
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3472 posts
Posted on 7/28/17 at 9:27 am to
It looks like everyone is dumping everything to pick up BTC and then moving to a wallet.

Wouldn't it make sense to pick up some of the alt coins as they sell off and hold through Aug 1? After Aug 1 it seems like people will move their BTC back to the exchanges and be looking to diversify again.
Posted by Odinson
Asgard
Member since Apr 2014
2760 posts
Posted on 7/28/17 at 12:05 pm to
quote:

Seeing this thread catch fire and burn through the amount of pages in 3 months, that is 3/4 of the amount of pages the 'Credit Card Benefits' has that took 3 years to tally, says something



Atleast we'll probably see one flippening occur this year.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56442 posts
Posted on 7/28/17 at 12:26 pm to
quote:

pick up some of the alt coins as they sell off and hold through Aug 1
Possibly. Look for value in concepts with longterm legs that are oversold.

The question will be, were you better off staying parked in BTC? No idea. I'm probably headed to just 5%-10% in BTC over the next 2 months.

Heavier in ETH & LTC. Then spread around
Posted by SpaceX
Member since Apr 2015
91 posts
Posted on 7/28/17 at 1:07 pm to
quote:

Heavier in ETH & LTC.


What's the thought process here?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/28/17 at 2:55 pm to
(no message)
This post was edited on 12/18/17 at 9:33 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/28/17 at 2:57 pm to
It's one of the 3 coins available on coinbase
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3472 posts
Posted on 7/28/17 at 2:59 pm to
That's kind of what I was saying in my previous post, everything is getting dumped to buy and hold BTC right now, but after Aug 1st at least some of that money should come back into the alts.
Posted by SpaceX
Member since Apr 2015
91 posts
Posted on 7/28/17 at 3:22 pm to
quote:

It's one of the 3 coins available on coinbase


Terrifying if that is indeed the thought process.
Posted by TomRollTideRitter
Member since Aug 2016
12630 posts
Posted on 7/28/17 at 5:56 pm to
quote:

buy btc to get some 'free' trash coin


Do you actually get it free? I thought you had to pick which one you wanted like 1 BTC = 1 BTC or 1 BCC
Posted by SpaceX
Member since Apr 2015
91 posts
Posted on 7/28/17 at 7:30 pm to
quote:

Do you actually get it free? I thought you had to pick which one you wanted like 1 BTC = 1 BTC or 1 BCC


1 BTC turns into 1 BTC and 1 BCC.

Of course the price of both will plummet after a contentious hard fork, so you go from a $2,700 BTC today to a $1,100 BTC and $50 BCC tomorrow. But you get a FREE BCC!!
This post was edited on 7/28/17 at 7:31 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/28/17 at 7:53 pm to
No, that's why I said 'free'. People are acting like they are going to be getting free money. Where is this money coming from? It has to come from somewhere so something else (btc or somewhere else) is going to lose value.

It smells bad.

What if people are overspending on btc right now to get a free coin that will be next to worthless, along with a big drop in btc value. Those people are getting double screwed. The big time money is staying away right now. They at least aren't buying btc or dumping alts in favor of btc
Posted by Hatcher Hall Shrink
Jackson, MS
Member since Dec 2016
192 posts
Posted on 7/28/17 at 7:54 pm to
Moved all my BTC to Polo several days ago and spent it all up on Alt coins.
Eat popcorn and watch.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 7/28/17 at 8:35 pm to
Sitting heavy in cash right now.little eth as well. After the first may buy some BTC
Posted by bee Rye
New orleans
Member since Jan 2006
33964 posts
Posted on 7/28/17 at 9:15 pm to
So what is everyone thinking about ETH these days? Went from everyone's hodl to scary real quick
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