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re: Official CryptoTalk Thread

Posted on 12/1/18 at 12:23 pm to
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56442 posts
Posted on 12/1/18 at 12:23 pm to
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56442 posts
Posted on 12/1/18 at 1:37 pm to
A very interesting read on Bitcoin in 2019, if you like to stay up to date with a great summary and a very positive conclusion.

It’s a two part report with the first part discussing the tech developments and the second the financialization side of things.

Blockchain Whispers 2019 Report.

The website itself has other areas you may want to give a browse to.
Posted by ctiger69
Member since May 2005
30616 posts
Posted on 12/3/18 at 10:50 am to
When is Ethereum going back up so I can sell?

Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 12/3/18 at 12:28 pm to
Just put it in Chainlink
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56442 posts
Posted on 12/4/18 at 1:52 am to
The road back up will follow bitcoin.

But they won’t necessarily moon up quickly because so many people will dump as price goes up to a level they’ll cut losses at. That will keep knocking prices back to lower levels.

Once the supply for sale at that level is exhausted, price will rise up to the next level and repeat.

So it will take a good bit of time to leave $5000, $6000 and $8000 behind as people will dump there at or slightly in front of those levels.

But over time, the lows it gets knocked back to will be higher.

So be patient or swap for an altcoin you’d rather be in. XRP, DGB, LINK, XLM, MDA, ETC, PPT or whatever.

I’d expect many lower cap coins to fail in the next few months. So many had a stockpile of ETH from their ICO that is no longer worth enough to fund continuing operations.

Good luck.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 12/4/18 at 11:22 am to
Complete lack of real ethereum knowledge here, other than from what I have read when you see organizations like AMAZON adopting blockchain/ethereum into their ecosystems (or AWS, anyway) I think it makes it interesting...

But the open source manner of it and the fact that a company like Amazon could simply code their own version leaves me wondering does that mean serious future value OR basically nothing for the coins?

Trying to read up on it as I find it interesting, but it is definitely over my head
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 12/4/18 at 12:10 pm to
Amazon coding their own becomes centralized. The whole point of blockchain is redundancy and decentralization. Amazon building a blockchain is equivalent to them building their own database in Microsoft Access
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 12/4/18 at 5:59 pm to
Right, I get that. But the press release was more about a "managed blockchain" using the frameworks of Hyperledger Fabric (?) and Ether

LINK /

Again, I know next to nothing about Ether and the implications but it seems AWS is trying to make it MORE accessible for MORE integrations of the blockchain

What I don't know, is how in the heck this affects the coins etc. That's where I am interested to watch it unfold
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26586 posts
Posted on 12/4/18 at 9:25 pm to
It is my opinion that there is a lot of money to be made down here if one is willing to find the companies that will survive
Posted by ctiger69
Member since May 2005
30616 posts
Posted on 12/6/18 at 11:46 am to
Ethereum is $94



Should I buy?
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
25949 posts
Posted on 12/6/18 at 11:54 am to
No. Lot of blood still on the way.

BTC will hit 2900 at least.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61385 posts
Posted on 12/6/18 at 11:56 am to
I hope this kills a lot of the trash coins. That still needs to happen.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 12/6/18 at 1:02 pm to
quote:

Ethereum is $94


I break even at $800. This is awesome

I also bought NBG at $1.35 and it went bankrupt. Then I bought EGO at $3.35 and it’s below 60 cents I believe. Sounds like I’m doing fantastic!!
This post was edited on 12/6/18 at 1:06 pm
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56442 posts
Posted on 12/6/18 at 4:13 pm to
quote:

Ethereum is $94 Should I buy?
I’m interested at $85-$90 if it gets in that range.

Current pricing of the larger cap coins feels like the big guys are trying to run the white trash off the golf course.
This post was edited on 12/6/18 at 4:14 pm
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61385 posts
Posted on 12/6/18 at 6:49 pm to
quote:

Current pricing of the larger cap coins feels like the big guys are trying to run the white trash off the golf course.



Better hang on to a tree then.
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56442 posts
Posted on 12/6/18 at 7:02 pm to
Yep.

Picked up a little ETH at $91, $88, $86 for an average entry at $88 ish.

Would dump at $105-$110.

We’ll see.
This post was edited on 12/6/18 at 7:06 pm
Posted by DreauxB2015
Member since Nov 2015
7739 posts
Posted on 12/6/18 at 7:06 pm to
Not sure why , it'll be in the $60 -$70 range or lower in a week . This shite is going rock bottom . All of it .By design . Its been in slow crash all year yet some are gitty at the prices right now . Insanity. RIP crypto. Grab your life vest and accept reality . I have . We got suckered .
This post was edited on 12/6/18 at 7:14 pm
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 12/6/18 at 8:34 pm to
quote:

Not sure why , it'll be in the $60 -$70 range or lower in a week . This shite is going rock bottom . All of it .By design . Its been in slow crash all year yet some are gitty at the prices right now . Insanity. RIP crypto. Grab your life vest and accept reality . I have . We got suckered .


Nothing in your post says anything about ETH going back to $800. I has a sad
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
40999 posts
Posted on 12/6/18 at 8:40 pm to
RIP ETH
Posted by DreauxB2015
Member since Nov 2015
7739 posts
Posted on 12/6/18 at 8:45 pm to
glad you have a sence of humor baw .
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