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re: Official CryptoTalk Thread

Posted on 6/24/17 at 5:56 pm to
Posted by schwartzy
New Orleans
Member since May 2014
9948 posts
Posted on 6/24/17 at 5:56 pm to
Ethereum will do the same shite..it'll plummet and then go back to $400 in 3 weeks
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 6/24/17 at 8:41 pm to
ETH under $300
Posted by texag7
College Station
Member since Apr 2014
40930 posts
Posted on 6/24/17 at 9:13 pm to
Going back and forth from coinbase to GDAX is free correct?
Posted by TomRollTideRitter
Member since Aug 2016
13219 posts
Posted on 6/24/17 at 9:20 pm to
Yes
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/24/17 at 9:30 pm to
So the flash crash inspired me. What are some signs you look for in position entry and exit in cryptocurrency?
Posted by texag7
College Station
Member since Apr 2014
40930 posts
Posted on 6/24/17 at 9:46 pm to
Looks like we're on a slight upswing. +$6 since 9pm
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/25/17 at 9:00 am to
Just sold all of my exchange day trading ETH for ETC. Hope this play works out
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2891 posts
Posted on 6/25/17 at 11:17 am to
quote:

Just sold all of my exchange day trading ETH for ETC. Hope this play works out


Good play, maybe not the best timing though. I have been stressing the importance of hedging ETH with ETC.

I think ETH is going to have a hard time for a while as most of the ICOs are liquidating their ETH and less people buy ETH to partake in ICOs. Meanwhile, ETC will soon be used for ICOs for the first time after its Emerald wallet is released. ETC will likely get an ICO bump like ETH did but at a smaller scale.
This post was edited on 6/25/17 at 11:18 am
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2891 posts
Posted on 6/25/17 at 12:28 pm to
Important new ETH news: Ethereum will be added to the BTCC DAX exchange soon.

"BTCC plans to list new cryptocurrencies on DAX in coming weeks. The next currency to be listed on DAX will be ethereum (ETH), which will be introduced the week of July 3rd, 2017."
https://www.ibtimes.co.uk/cryptocurrency-exchange-btcc-dax-launches-ethereum-classic-1627718


Posted by Funky Tide 8
Bayou Chico
Member since Feb 2009
56281 posts
Posted on 6/25/17 at 12:30 pm to
What does this mean?
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2891 posts
Posted on 6/25/17 at 12:37 pm to
quote:

What does this mean?


That it is now less risky to buy ETH at its current price around $290-299 as there is finally some positive news. It may receive a small bump anticipating the increased volume.

ETA: I want to be clear, I am not advising people to buy ETH. I am merely making an observation that there is finally some good news in a sea of bad news for Ethereum. A large drop to $220-250 is possible for ETH over the next 48 hours.

ETA2: set your $1.00 buy orders for ETH everyone
This post was edited on 6/25/17 at 1:43 pm
Posted by dkreller
Laffy
Member since Jan 2009
33626 posts
Posted on 6/25/17 at 2:17 pm to
Is it time to sell ETH? What's been going on besides the flash crash?

What's with the sudden interest in ETC?
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2891 posts
Posted on 6/25/17 at 2:34 pm to
quote:

Is it time to sell ETH? What's been going on besides the flash crash?

What's with the sudden interest in ETC?


Alot of ETH's value was inflated by ICOs and people's misunderstanding of that produced hype. I still like ETH but I wont buy anymore of it until it drops down to around 220-250. Ive stated here several times that if you are making investments in ETH you should hedge it with ETC. The reason for this is because ETC has a great dev team with a lot of developments coming out over the second half of this year. ETC will soon have a top notch wallet that will expand its usability to include ICOs and other functions. ETC should take market share from ETH as it is much cheaper and not over pumped with hype. ETC will see continuing gains as the Emerald wallet is released this week and other developments are announced and released.
Posted by UnluckyTiger
Member since Sep 2003
42261 posts
Posted on 6/25/17 at 2:46 pm to
If I sell on coinbase are the funds available immediately in case I wanted to buy back?
Posted by UnluckyTiger
Member since Sep 2003
42261 posts
Posted on 6/25/17 at 2:56 pm to
And now coinbase is down again lol
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/25/17 at 2:58 pm to
Yes you can go short on coinbase I'd do it on gdax but it's definitely possible on coinbase. You guys scare me
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 6/25/17 at 3:00 pm to
quote:

What's with the sudden interest in ETC?

Look up the emerald project
Posted by UnluckyTiger
Member since Sep 2003
42261 posts
Posted on 6/25/17 at 3:04 pm to
I held.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 6/25/17 at 3:30 pm to
Once this goes above 350 again ill probably sell way too early on a big run up.
Posted by TomRollTideRitter
Member since Aug 2016
13219 posts
Posted on 6/25/17 at 4:07 pm to
So is Ethereum Classic the new Ethereum as far as growth goes?
This post was edited on 6/25/17 at 4:08 pm
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