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re: Official CryptoTalk Thread

Posted on 7/12/17 at 12:45 am to
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42271 posts
Posted on 7/12/17 at 12:45 am to
Having to lurk this thread while being banned has been excruciating with all the crypto craziness lately.

#teamhodl
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/12/17 at 5:19 am to
It's definitely hold time.

Ting helped a little tonight
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 7/12/17 at 6:04 am to
I'm on the hodl train now myself. I took the opportunity of everything being down to diversify and pick up some LTC, DASH, LSK, STRAT, and XRP.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 7/12/17 at 6:30 am to
quote:

Can you guys explain what the hell you mean?

Should I buy BTC or ETH right now or wait?

I think for me anything around 200 or less is a buy.

My comment on market orders was about those flash crashes they cause when someone dumps it on the market like that

With thats said i know very little and i wouldn't recommend following my advice others in here know much better
Posted by Funky Tide 8
Bayou Chico
Member since Feb 2009
56289 posts
Posted on 7/12/17 at 6:50 am to
Just bought 5 eth at 206.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40565 posts
Posted on 7/12/17 at 7:03 am to
Posted by TheWiz
Third World, LA
Member since Aug 2007
11871 posts
Posted on 7/12/17 at 9:56 am to
quote:

while being banned

How'd you earn that?
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2892 posts
Posted on 7/12/17 at 10:13 am to
quote:

Can you guys explain what the hell you mean? Should I buy BTC or ETH right now or wait?


I can't believe people are telling you to buy into this market right now. Everyone should wait a bit longer as this market is still overinflated and uncertainty with BTC still looms. I would suggest waiting until later this month. I have a series of buy orders for ETH below 175 and below 2100 for BTC. BTC could easily go down to 1600-1800 and ETH could drop to 120-160 before the end of the month.
Posted by GregYoureMyBoyBlue
Member since Apr 2011
2964 posts
Posted on 7/12/17 at 11:30 am to
quote:


I can't believe people are telling you to buy into this market right now. Everyone should wait a bit longer as this market is still overinflated and uncertainty with BTC still looms. I would suggest waiting until later this month. I have a series of buy orders for ETH below 175 and below 2100 for BTC. BTC could easily go down to 1600-1800 and ETH could drop to 120-160 before the end of the month.


I'm managing the cost basis and just buying a bit at a time for the market leaders (BTC/ETH) every other week. I'm in for the long haul
Posted by Sho Nuff
Oahu
Member since Feb 2009
13769 posts
Posted on 7/12/17 at 12:48 pm to
quote:

I would suggest waiting until later this month. I have a series of buy orders for ETH below 175 and below 2100 for BTC. BTC could easily go down to 1600-1800 and ETH could drop to 120-160 before the end of the month.

Thanks, I'll keep watching then. I get the feeling it could go lower but then again I worry I'll miss the next takeoff
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60670 posts
Posted on 7/12/17 at 12:52 pm to
FOMO is my Achilles heel. It's real.
Posted by TomRollTideRitter
Member since Aug 2016
13221 posts
Posted on 7/12/17 at 2:10 pm to
It gets me too
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 7/12/17 at 5:11 pm to
Bites me in the arse every time. Luckily experience bag hodling made me paranoid about that as well. So my losses have bern pretty gppd abour being small so far on my speculative plays
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42271 posts
Posted on 7/12/17 at 7:40 pm to
Made fun of Kim Mulkey. Apparently that's a no-no.
Posted by Willie Stroker
Member since Sep 2008
16006 posts
Posted on 7/12/17 at 8:42 pm to
quote:

BTC could easily go down to 1600-1800 and ETH could drop to 120-160 before the end of the month.


This speculation is based on what?
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 7/12/17 at 8:57 pm to
quote:

This speculation is based on what?

Bad bitcoin fork the first would hurt everyone
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60670 posts
Posted on 7/12/17 at 10:10 pm to
The fork is shaping up to be just a spork. A non -event. Based on a good bit of interwebs research. That's what I'm going on.

Got some ETH under $210 early today. Glad I had ETC already.

Missed a pre ico today with timing and technical issues. but at least I learned a few lessons.
This post was edited on 7/12/17 at 10:11 pm
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2892 posts
Posted on 7/13/17 at 1:15 am to
quote:

This speculation is based on what?


That the market is overbought and happens to be correcting at the same time that there is FUD. Sprinkle in some manipulators and possible glitches with segwit and you have a shite show. In terms of TA you generally expect a 50% correction after a rapid increase in price.
Posted by StealthCalais11
Lurker since 2007
Member since Aug 2011
12535 posts
Posted on 7/13/17 at 2:04 am to
That is the greatest thing I've read in this whole damned thread
Posted by zatetic
Member since Nov 2015
5677 posts
Posted on 7/13/17 at 8:05 am to
Combine that with why Bitcoin became big in the first place and who is offering up these solutions to the problem. I could see bitcoin never recovering because it is basically about to be hijacked by the people that normally control money.

Ethereum has always had questionable connections but it offers a lot more in value than just currency.
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