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re: Official CryptoTalk Thread

Posted on 6/6/17 at 7:51 am to
Posted by dkreller
Laffy
Member since Jan 2009
30461 posts
Posted on 6/6/17 at 7:51 am to
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35684 posts
Posted on 6/6/17 at 7:54 am to
Morning baws.

What a night
Posted by Odinson
Asgard
Member since Apr 2014
2761 posts
Posted on 6/6/17 at 7:58 am to
Checking my accounts:


Posted by VinegarStrokes
Georgia
Member since Oct 2015
13371 posts
Posted on 6/6/17 at 8:05 am to
quote:

I sold of at 249 to lock in profit.

I made a huge profit but it feels like I'm losing as this goes to 265+.


Same with me. It seemed that progress was starting to stagnate a little bit so I wasn't sure if that was a sign that "the decline" was going to happen before the June prophecy was fulfilled. I sold off at 248 or so and bought back in at 260 once I woke up this morning and saw what was happening. I ended up losing a half of an ETH so not a huge deal.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66516 posts
Posted on 6/6/17 at 8:07 am to
quote:

Buying Ethereum/CryptoTalk
I tempted to buy back in and say screw it.

But I feel like it is this exact feeling which will get me burned. I'm torn.


Same FML
Posted by Odinson
Asgard
Member since Apr 2014
2761 posts
Posted on 6/6/17 at 8:08 am to
I bought back also after some seller's remorse




-- I recall a couple of weeks ago, someone bought into ETH and said that someday he would tell his son that he was there when ETH crossed $250.

That didn't take long
This post was edited on 6/6/17 at 8:13 am
Posted by mb810
Member since Dec 2011
257 posts
Posted on 6/6/17 at 8:12 am to
I'm a hodler, but covering my position is very tempting right now. I must stay strong!
Posted by Odinson
Asgard
Member since Apr 2014
2761 posts
Posted on 6/6/17 at 8:16 am to
I still took profits. Just wanted to stay over 100 ETH.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/6/17 at 8:19 am to
I don't know how y'all are buying in right now at $260. Just seems like a fallout is inevitable right now
Posted by tigersnipen
Member since Dec 2006
2089 posts
Posted on 6/6/17 at 8:23 am to
quote:

got on Polo yesterday and picked up some STEEM, ZEC, and GNT last night while everything was down, all are up this morning


How do you pick your entry points on the alt cryptos. They swing like crazy. I've been trying to find some low points to buy in.

Also I cashed out of eth when I thought it was topping out at 204 thinking I saw the same topping pattern as before when it went down. I feel like a complete fricktard now. Been waiting for a correction but doesn't seem to be happening. Trying to decide when to get back in.
This post was edited on 6/6/17 at 8:31 am
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
41008 posts
Posted on 6/6/17 at 8:34 am to
Bitcoin done lost its damn mind
This post was edited on 6/6/17 at 8:34 am
Posted by MrSmith
Member since Sep 2009
8311 posts
Posted on 6/6/17 at 8:35 am to
The market cap increase is keeping me in at this price. Lots of new money.
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2853 posts
Posted on 6/6/17 at 8:36 am to
quote:

How do you pick your entry points on the alt cryptos. They swing like crazy. I've been trying to find some low points to buy in.


You identify several strong alt coins that haven't exploded recently. The best timing for alt coins is when everyone panic sells to hop into the top 3 coins like last night. Its usually safe to buy into dips that are not caused by anything specific to the alt coin itself.

I bought ETC, STEEM, and STR yesterday and increased my positions during last night's dips and ive beenrewarded with a nice 18% gain over 24hr.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/6/17 at 8:42 am to
I get that but who's to say it doesn't drop 20 billion in the next week.

I mean we just had a flash crash a few weeks ago.
Posted by MrSmith
Member since Sep 2009
8311 posts
Posted on 6/6/17 at 8:48 am to
Yeah no one knows
I've already taken enough profits so I'm completely fine riding this wave.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
41008 posts
Posted on 6/6/17 at 8:51 am to
What did the crash bottom out at? $130?

That's still way higher than it had been just weeks before.

I would guess a new crash would be somewhere in the $170s at worse. And that price would not last long if it follows recent trends.

And maybe $200 is the new floor who knows.
Posted by ynlvr
Rocket City
Member since Feb 2009
4609 posts
Posted on 6/6/17 at 8:52 am to
I made it back over the 100% gains mark this morning on this glorious run.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425525 posts
Posted on 6/6/17 at 8:54 am to
i'm still half ETH half cash (Sold around 204) and i'm just waiting to see what happens. the total is now $2k so it's not like i've lost money overall. i just missed this post-Memorial boom basically with half of it

i'm still in this for the long term, though, so even a $50 increase is peanuts in the big picture
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/6/17 at 8:54 am to
(no message)
This post was edited on 2/8/18 at 12:44 am
Posted by UnluckyTiger
Member since Sep 2003
36219 posts
Posted on 6/6/17 at 8:59 am to
The crash bottom on MDW was 113 at around 4 or 5am
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