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re: Official CryptoTalk Thread
Posted on 6/12/17 at 2:26 pm to UnluckyTiger
Posted on 6/12/17 at 2:26 pm to UnluckyTiger
CNBC briefly mentioned the recent tank of BTC right before the bottom fell out if ETH. Could just be coincidence.
2
Posted on 6/12/17 at 2:26 pm to MrSmith
i'm back from the jail. no more appointments for SFP
Posted on 6/12/17 at 2:27 pm to dkreller
quote:
this shite is not for the faint-hearted that's for damn sure
That is why you should treat it as a speculative investment
Posted on 6/12/17 at 2:27 pm to TigeRoots
Time for everyone to pump DGB
Posted on 6/12/17 at 2:28 pm to UnluckyTiger
quote:
I mean this literally happened last time CNBC came out with an article before MDW. Hoping coinbase gets it shite together so I can log back in and buy buy buy
Coinbase is the worst. At least gdax is up
Posted on 6/12/17 at 2:28 pm to dkreller
I'm back in now
Posted on 6/12/17 at 2:28 pm to TigeRoots
Anyone know what the timing between CB and Polo is? I want to buy but waiting for the 320 range I am seeing on POLO. Thanks
Posted on 6/12/17 at 2:29 pm to SlowFlowPro
Goddamnit BTC if you could shoot up like 10% rn that'd be great.
I'm in some altcoins that have finally turned a profit in terms of BTC. But BTC has dropped like a rock today, so the dollar equivalent is still a loss.
That's one thing that's weird I find about Polo/Crypto markets.
The items that trade against other cryptos like ETH/BTC don't necessarily follow the inverse of their pair.
Like if BTC goes up, alt coins seem to go up as well, when in reality they should be falling in terms of BTC. When BTC tanks, the bigger altcoins seem to tank as well, when they should be going up relative to BTC.
Makes it interesting when you are getting "double" gains when BTC is rising along with your altcoins, but royally sucks when your altcoins are falling AND BTC is falling.
I'm in some altcoins that have finally turned a profit in terms of BTC. But BTC has dropped like a rock today, so the dollar equivalent is still a loss.
That's one thing that's weird I find about Polo/Crypto markets.
The items that trade against other cryptos like ETH/BTC don't necessarily follow the inverse of their pair.
Like if BTC goes up, alt coins seem to go up as well, when in reality they should be falling in terms of BTC. When BTC tanks, the bigger altcoins seem to tank as well, when they should be going up relative to BTC.
Makes it interesting when you are getting "double" gains when BTC is rising along with your altcoins, but royally sucks when your altcoins are falling AND BTC is falling.
Posted on 6/12/17 at 2:32 pm to JohnnyKilroy
i have poker profits i want to take out now but i can only transfer to BTC and i don't want to do that right now b/c of the BTC value issue
Posted on 6/12/17 at 2:35 pm to bayoubengals88
Is anyone else salivating at the thought of scooping up some sub-$200 ETH?
I'm hoping this thing keeps tanking, although I do feel bad for anyone that bought in at $400.
I'm hoping this thing keeps tanking, although I do feel bad for anyone that bought in at $400.
Posted on 6/12/17 at 2:36 pm to tigrbabe08
quote:
Is anyone else salivating at the thought of scooping up some sub-$200 ETH?
I don't think it gets that low, but I'm loving this
Posted on 6/12/17 at 2:36 pm to tigrbabe08
quote:
I'm hoping this thing keeps tanking, although I do feel bad for anyone that bought in at $400.
Why feel bad for them? That's a stupid buy
Posted on 6/12/17 at 2:36 pm to tigrbabe08
quote:
Is anyone else salivating at the thought of scooping up some sub-$200 ETH?
That would be amazing, but don't think that's gonna happen unless we get some bad news.
Posted on 6/12/17 at 2:38 pm to JohnnyKilroy
What's it at right now?
Posted on 6/12/17 at 2:38 pm to kc8876
quote:
Why feel bad for them? That's a stupid buy
Ehh, not necessarily. It's really dumb if you're trying to make quick flips and play the dips/surges. It's not bad if you intend to buy and hold for the long term.
BTC hit like 700 or so a few years back and then retreated to 3-400 for a while. if you bought at 700 and didn't sell, it's worked out pretty well for you as it stands today.
Posted on 6/12/17 at 2:38 pm to UnluckyTiger
$350
Posted on 6/12/17 at 2:39 pm to Carson123987
Your dad is vindicated
This post was edited on 6/12/17 at 2:40 pm
Posted on 6/12/17 at 2:39 pm to kc8876
Is there such a thing as a stupid buy for something that's purely speculation? I bought in the 200s when it was at a high point and have done great. There's no telling when this thing rises and falls.
This post was edited on 6/12/17 at 2:41 pm
Posted on 6/12/17 at 2:41 pm to JohnnyKilroy
quote:
Ehh, not necessarily. It's really dumb if you're trying to make quick flips and play the dips/surges. It's not bad if you intend to buy and hold for the long term.
BTC hit like 700 or so a few years back and then retreated to 3-400 for a while. if you bought at 700 and didn't sell, it's worked out pretty well for you as it stands today.
There's almost zero chance these people will hold long enough. Majority getting in are trying to make a quick profit
Posted on 6/12/17 at 2:41 pm to TomRollTideRitter
quote:
done great.
This.
Since I got into this thread people were wishing it would drop to sub-100's to buy more. Then it was sub 150's. Then it was sub 200, then sub 250, then sub 300.....
Decent chance in a month we'll all be wishing it would dip to 450 for a buying opportunity.
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