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re: Official CryptoTalk Thread

Posted on 6/25/17 at 8:29 pm to
Posted by MrSmith
Member since Sep 2009
8311 posts
Posted on 6/25/17 at 8:29 pm to
My ETC buy last night is turning out to be fricking amazing
Posted by bricksandstones
Member since Nov 2015
1604 posts
Posted on 6/25/17 at 8:34 pm to
Got in the game at 271 for a modest amount. Been watching for a while and my trigger finger was quite itchy.
Posted by MrSmith
Member since Sep 2009
8311 posts
Posted on 6/25/17 at 9:01 pm to
Don't be this idiot

Posted by dkreller
Laffy
Member since Jan 2009
30448 posts
Posted on 6/25/17 at 9:23 pm to
I'm hodling and not panicking. The whales want us to panic.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
41005 posts
Posted on 6/25/17 at 10:01 pm to
quote:

I wish I wouldn't have been blinded by the light and been smart enough to sell at $400. My stash would be almost double.


As in you would have used it all to buy back in?

No way you could have predicted this. Just as easily could have gone to $500.
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2853 posts
Posted on 6/26/17 at 7:42 am to
quote:


As in you would have used it all to buy back in?

No way you could have predicted this. Just as easily could have gone to $500


Parabolic rises are always met with considerable corrections. Something had to give, and once you realize that the biggest thing driving the price up beyond 250 was demand for ICOs then it wasn't hard to see how fragile things were.
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2853 posts
Posted on 6/26/17 at 7:47 am to
quote:

So is Ethereum Classic the new Ethereum as far as growth goes?


ETC has better upside, but if ETH keeps falling back down to earth then ETH will become more attractive again.

We could very well be in a crypto bear market if this continues.
Posted by The Boat
Member since Oct 2008
164584 posts
Posted on 6/26/17 at 9:15 am to
Is this goose cooked? I'm not expecting much upward action that sticks in the near future.

I'm still up 70% but still...
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/26/17 at 9:22 am to
When do you think we hit bottom ?
Posted by Muriel
third ward
Member since Dec 2016
444 posts
Posted on 6/26/17 at 10:14 am to
about to drop below $240
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66513 posts
Posted on 6/26/17 at 10:23 am to
Down we go. Get ready to buy boys
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
41005 posts
Posted on 6/26/17 at 10:29 am to
Must. Resist. Buying. Moar.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
41005 posts
Posted on 6/26/17 at 10:31 am to
It's doing what it did when it hit $420 only in reverse.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3473 posts
Posted on 6/26/17 at 10:41 am to
quote:

It's doing what it did when it hit $420 only in reverse.


You mean the GDAX has crashed again in response to any amount of trading? How have they not upgraded to be able to handle the traffic spikes yet?
Posted by MrSmith
Member since Sep 2009
8311 posts
Posted on 6/26/17 at 11:08 am to
quote:

When do you think we hit bottom ?

No fricking clue. The entire market is fricked right now.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3473 posts
Posted on 6/26/17 at 11:12 am to
I put in some buys at 165 and 120, I am in cash until then or I really see a bottom established.
Posted by MrSmith
Member since Sep 2009
8311 posts
Posted on 6/26/17 at 11:14 am to
I can't even get out of my positions into cash without taking huge 40% losses. So I'm just going along for the ride.
Posted by SoFresh
New Orleans
Member since May 2010
3068 posts
Posted on 6/26/17 at 11:15 am to
Bitfinex has a trailing stop feature that is perfect for this
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35661 posts
Posted on 6/26/17 at 11:17 am to
Getting fricking pounded right now.

At least there's some consolation in that everything is getting destroyed right now, and it's not just ETH taking a shite.
This post was edited on 6/26/17 at 11:18 am
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3473 posts
Posted on 6/26/17 at 11:20 am to
quote:

I can't even get out of my positions into cash without taking huge 40% losses.


I got stopped out a few times, and lost a little on some up swings, but I am still ahead about 15% if I quit today. Not getting me a lambo, but at least in the black. I'm hoping for another flash crash to fill my buys and then a spike up that I'll sell.
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