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re: Official CryptoTalk Thread

Posted on 7/18/17 at 9:10 pm to
Posted by UnluckyTiger
Member since Sep 2003
42278 posts
Posted on 7/18/17 at 9:10 pm to
Im addicted to trading. It's been extremely entertaining. Expecting another dip coming up back under 200.
This post was edited on 7/18/17 at 9:11 pm
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60672 posts
Posted on 7/18/17 at 9:21 pm to
I expect some sideways marking time up and down, another selloff then a helluva reversal into late September.

BTC hits $4500 after that then I'm stepping aside for a correction and back in later.
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2892 posts
Posted on 7/18/17 at 9:31 pm to
quote:

I expect some sideways marking time up and down, another selloff then a helluva reversal into late September.

BTC hits $4500 after that then I'm stepping aside for a correction and back in later.


With the overwhelming evidence that this is a classic bubble and that they all tend have dramatic downturns before returning to the mean, what makes you think that this is different? I get why one would think that this time is different considering we have never had a speculative market like crypto before, but do you have any specific reasoning for being so optimistic?
Posted by KamaCausey_LSU
Member since Apr 2013
17350 posts
Posted on 7/18/17 at 9:37 pm to
The way I see it, if the upcoming fork turns out to be minor then the sky is the limit.
This post was edited on 7/18/17 at 9:38 pm
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2892 posts
Posted on 7/18/17 at 9:55 pm to
quote:

The way I see it, if the upcoming fork turns out to be minor then the sky is the limit.


Where will the new money come from to cause the crypto market to exceed its high of $115 billion?
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60672 posts
Posted on 7/18/17 at 10:04 pm to
For the first time in human history, there is a viable alternative to the state run banking systems that steal everyone's wealth. And people are waking up to it everyday and dumping money in it.

I do agree a lot of the alt coin hype sounds like Oral Roberts raising money to one day build a prayer tower. But there are impressive projects under way that are changing how business is done. And new applications being announced weekly.

The value is growing. Maybe it is a tulip bubble. But even if you think that, you can still make money off the hype ebb & flow. And that's a good thing. Money can always be made when markets are moving.

That said, it is the Wild Wild West out there and fortunes will be made and lost. 50% or more losses in value will happen. Even more in the pump and dumps. Do your homework.

ETA: It will take decades for big money to flow into the cryptos. There's plenty of time.
This post was edited on 7/18/17 at 10:07 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/19/17 at 6:02 am to
(no message)
This post was edited on 12/18/17 at 9:06 pm
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 7/19/17 at 11:02 am to
quote:

This is where I'm at in my thinking


Anyone interested in splitting the cost for joining the Ryan Lye private Crypto investment group? at $100/month I'm on the fence because he has been pretty solid in his analysis, but if that was split a few ways, it would be a no-brainer.

Announcement of group
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 7/19/17 at 11:43 am to
quote:

Im addicted to trading. It's been extremely entertaining

I'm with you. I spend way too much time every day
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/19/17 at 3:01 pm to
(no message)
This post was edited on 12/18/17 at 9:05 pm
Posted by schwartzy
New Orleans
Member since May 2014
9949 posts
Posted on 7/19/17 at 4:09 pm to
I ain't paying $100/mo lol. Maybe I'm just poor but that's a lot
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 7/19/17 at 4:16 pm to
quote:

id possibly be down depending on the amount of people doing it.


If it was split 5 ways, it seems like it would easily be worth $20/month for some good technical analysis.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 7/19/17 at 4:54 pm to
quote:

Maybe I'm just poor but that's a lot

Take that 100 and throw in a crypto. Probably do much better long run than just playing his advice
Posted by Vicks Kennel Club
29-24 #BlewDat
Member since Dec 2010
31211 posts
Posted on 7/19/17 at 6:32 pm to
This shite is depressing
Posted by UnluckyTiger
Member since Sep 2003
42278 posts
Posted on 7/19/17 at 6:34 pm to
I recommend getting a twitter account to follow some of these crypto sharks. I feel like I'm so more in tune with what's going on in the market right now. Closed my twitter about five years back but started seeing a ton of great info coming from twitter so created a new handle to stay on top of all of it. Has really worked out so far.
Posted by YipSkiddlyDooo
Member since Apr 2013
3809 posts
Posted on 7/19/17 at 6:58 pm to
Yeah I stopped checking my Twitter regularly around 6-7 months ago (Facebook as well). Who you following that you like?
Posted by UnluckyTiger
Member since Sep 2003
42278 posts
Posted on 7/19/17 at 7:04 pm to
Wolf of Poloniex Is a good start
Posted by The Baker
This is fine.
Member since Dec 2011
19314 posts
Posted on 7/19/17 at 7:18 pm to
(no message)
This post was edited on 1/10/21 at 6:40 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 7/19/17 at 11:03 pm to
So back to our TGD coin. Would anyone actually be interested in trying our own ICO? Seems like lots of aspects involved including dev, marketing, internet rumor generation, and design.

I did the solidity tutorial and there seems to be enough documentation to do a basic coin with some kind of gimmick for marketing needs.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 7/20/17 at 6:37 am to
quote:

with some kind of gimmick for marketing needs.


My wife owns a digital marketing firm that could do the marketing and design, all we need is a good dev team, how hard could that be to find? LOL
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