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re: Official CryptoTalk Thread

Posted on 8/6/17 at 9:20 pm to
Posted by Sho Nuff
Oahu
Member since Feb 2009
13763 posts
Posted on 8/6/17 at 9:20 pm to
quote:

BTC +$4500 in 5-6 weeks.

I was cautious with the fork but like Y2K it was nothing. So I lost out on more BTC and owning BCH

But F it, I'm in now and if it goes to $4,500 I'll be stoked I got in at $3,200

ETA: I mainly wanted to just get in to Bittrex so now the money is there whether in BTC or something else should I buy it...
This post was edited on 8/6/17 at 9:22 pm
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60666 posts
Posted on 8/6/17 at 9:26 pm to
I got 2 downvotes when I posted
quote:


Posted by Bullfrog online on 7/12/17 at 10:10 pm to oklahogjr

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...


Shake the haters
This post was edited on 8/6/17 at 9:27 pm
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60666 posts
Posted on 8/6/17 at 9:55 pm to
This was fun as well:
quote:

Posted by Jones on 7/31/17 at 6:59 pm to OeauxCanada

All the people that are buying into btc at an inflated price are going to be mad in the very near future ReplyOptionsTop 00


Posted by Bullfrog on 7/31/17 at 7:23 pm to Jones

I imagine BTC will dip, shorts have to cover by buying back in and new high will be made. We'll see.
Posted by Sho Nuff
Oahu
Member since Feb 2009
13763 posts
Posted on 8/6/17 at 10:33 pm to
With the fees I had $9,995 in Kraken and then bought 3.1 BTC which turned out to be 3.09874 with their fees once I sent it to Bittrex. Good news is I checked my wallet there and my BTC is already up to $10,333

I'm really trying hard not to make a bad move and go all-in on NEO right now but I have been reading on it today on multiple sites and it seems to have lots of good write ups. Of course that's mostly people who hold it I'm sure. It was just $10 recently and over $15 now so does it dip back or go crazy. They have big things happening in the next few days so does it come back after those days or never look back.

Questions...

ETA: It is now renamed on Bittrex to NEO from ANS and it's at $16.
This post was edited on 8/6/17 at 10:40 pm
Posted by Odinson
Asgard
Member since Apr 2014
2863 posts
Posted on 8/6/17 at 11:25 pm to
I don't consider it Y2K when BTC drops to near $1600, ETH to 140 and the entire crypto market loses over 1/3 of it's market cap during the fork fiasco. Quick bounce back but that's how crashes and pumps works in cryptoworld.


Can't tell you to buy or sell NEO, but I sold 2/3 of my holdings today since I'm up over $4k in the past couple weeks with it. I may buy it back if it dips or find another pump to get into.
Posted by Sho Nuff
Oahu
Member since Feb 2009
13763 posts
Posted on 8/6/17 at 11:59 pm to
quote:

I don't consider it Y2K when BTC drops to near $1600

BTC dropped to $1,600 when? I'm talking about Aug 1. BTC went up to $2,900 before the fork and it's at $3,200+ since. I'm simply saying buying BTC right before Aug 1 was a smart play and I didn't make it.
This post was edited on 8/7/17 at 12:01 am
Posted by LSUregit
Member since Dec 2013
1685 posts
Posted on 8/7/17 at 12:51 am to
quote:

BTC dropped to $1,600 when?



The fork officially was announced July 15 or 16th (instead of August 1). Everyone was in panic mode. When the dust settled, It was buying time as all crypto steadily regained their losses. It's about the news before the news as everyone already knew that the fork would definitely occur and had time to digest it, thus Aug 1st was not an issue.

But to call the entire event a spork or y2k as if nothing happened in foolish. My behind was definitely puckered
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 8/7/17 at 1:42 am to
quote:

ETA: It is now renamed on Bittrex to NEO from ANS and it's at $16.


Now $19 and going up. Put that $10k on NEO now and have $20k in 2 weeks
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 8/7/17 at 2:48 am to
NEO now $21
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 8/7/17 at 6:20 am to
If you are going all in on anything I would have a stop set that preserves your money if it crashes. I have started moving my stops on these pumps up .75% for every 1% move up it makes each day. When it eventually crashes I am still way ahead.
Posted by LSUregit
Member since Dec 2013
1685 posts
Posted on 8/7/17 at 8:52 am to
So this is what it felt like for holdlers that got into it ETH under 10.

#NEO to the moon!
Posted by dkreller
Laffy
Member since Jan 2009
33631 posts
Posted on 8/7/17 at 8:54 am to
ETH on that upswing again!

Posted by The Boat
Member since Oct 2008
176213 posts
Posted on 8/7/17 at 8:54 am to
ETH moving up again
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3649 posts
Posted on 8/7/17 at 10:19 am to
quote:

#NEO to the moon


NEO certainly appears to have plenty of room to gain market cap, especially considering the volume of it that is currently being traded.

I'm hoping tenX does as well
Posted by 7LSU7
Member since Sep 2016
1112 posts
Posted on 8/7/17 at 3:56 pm to
I sold my TEN-X and my 220% gains about put it all on NEO.
Posted by LSUregit
Member since Dec 2013
1685 posts
Posted on 8/7/17 at 9:06 pm to
FOMO myself into buying more NEO today.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60666 posts
Posted on 8/7/17 at 9:35 pm to
For once, I held FOMO off. Too much going on. Did pick up some Veritaseum today for a longterm hold.

Wish I would have gotten Popolous 10 days ago at $2.13. Now at $6.63
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 8/7/17 at 9:56 pm to
Can anyone explain why the need for all of these different niche coins?

Xcoin for this, Ycoin coin for that and Zcoin for another seems like a pain in the arse if mass adoption of general cryptocurrency is the goal.

Why not one coin to rule them all? Or is that what Bitcoin is trying to do?
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60666 posts
Posted on 8/7/17 at 10:25 pm to
Coins / Tokens are generally created to do a specific something. You are buying into the perceived value of that concept.

And there are many concepts out there. From simplifying your life PLR to social media coins like KIK or gambling like PLAY to business factoring like PPT.

Some coins facilitate the other coins, like ETC.

This opens up a myriad of opportunities for you to participate in. Good luck.
Posted by GoldenSombrero
Member since Sep 2010
2880 posts
Posted on 8/7/17 at 10:46 pm to
Seems like alot of the niche coins are built off BTC or ETH...in the sense their value is compared to those. If that is the case are you getting double the gains if a niche coin increases 5% and BTC increases as well? For example if random coin goes from .01 to .02 BTC and BTC goes from 1K to 2K. Does that make sense or am I missing something?
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