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re: Official CryptoTalk Thread
Posted on 12/20/17 at 7:46 am to BaddestAndvari
Posted on 12/20/17 at 7:46 am to BaddestAndvari
Anyone on XVG? I just got in yesterday at 337 sats. Up to 740 today. 
2
Posted on 12/20/17 at 7:54 am to lsugerberbaby
You guys will bash me here for what I am about to say, and you can look at my history and see I have been on the crypto train since the early days along with Wikitiger, but this shite is getting eerily similar to the dot com boom with elements of the sub prime growth.
Not saying it will be soon, but there has to be a correction at some point. Doesn't seem like all of these alt coins are sustainable without anything backing them other than pure speculation.
I say this as I am making money in the actual market investing in a few pump and dumps that have added "blockchain" to their business model so I am being a hypocrite in a way but man this shite seems so shaky to me.
Not saying it will be soon, but there has to be a correction at some point. Doesn't seem like all of these alt coins are sustainable without anything backing them other than pure speculation.
I say this as I am making money in the actual market investing in a few pump and dumps that have added "blockchain" to their business model so I am being a hypocrite in a way but man this shite seems so shaky to me.
Posted on 12/20/17 at 8:01 am to BaddestAndvari
quote:
I'm impressed by ETHs ability to come out of last night unscathed
Says a lot about ETH. LTC on the other hand got butchered.
Posted on 12/20/17 at 8:12 am to TheAlmightySmash
I've strictly been a coinbase guy. I registered with binance a few days ago and finally this morning bit the bullet and transferred some ETC from CB to binance to start getting in on the coin action, and was told that it would be delayed 72 hours. Apparently this is happening on multiple exchanges. Anyone else seen anything similar? I really wanted to start getting in on some of these smaller coins now.
Posted on 12/20/17 at 8:13 am to stout
A correction is pretty inevitable, IMO. And when it does, I plan on buying the dip.
Posted on 12/20/17 at 8:14 am to stout
Stout, I want to assume that the majority of the board who associates themselves with crypto knows it a big bubble. The issue is no one knows when it will pop.
Posted on 12/20/17 at 8:26 am to 13SaintTiger
quote:
Stout, I want to assume that the majority of the board who associates themselves with crypto knows it a big bubble.
Some of the posts from people here makes me thing otherwise. It's cult like scary and reminds me so much of people that started flipping houses with no experience because of the TV shows during the sub prime boom. Hopefully no one gets too greedy and risks more than they can stomach.
quote:
The issue is no one knows when it will pop.
Obviously.
Posted on 12/20/17 at 8:28 am to stout
quote:
Obviously
No need to be condescending. Your post could’ve easily been met with “obviously”.
Posted on 12/20/17 at 8:30 am to 13SaintTiger
I didn't mean for it to be that way, sweetie
Posted on 12/20/17 at 8:39 am to WG_Dawg
quote:
I registered with binance a few days ago and finally this morning bit the bullet and transferred some ETC from CB to binance
Been wondering why the frick this was happening. I bought all three coins, but seems you need ETC and BTC to purchase most all alt coins.
Sucks to hear it's happening to you too...but I little relieved to know my money isn't just lost somewhere.
Posted on 12/20/17 at 8:51 am to lsugerberbaby
I bought XVG yesterday...wish I had bought more. Thinking about putting a good chunk on it today.
Posted on 12/20/17 at 9:03 am to stout
like i said a few pages back
thats not good
quote:
Not directed to you
Of the top 60 coins on the market right now
21 are at an all time high, today
15 are one day out from an all time high
7 are two days from an all time high
2 others hit all time highs this week
Just food for thought for people dumping money in right now
thats not good
Posted on 12/20/17 at 9:07 am to Deactived
quote:
thats not good
Time to pull back, move money to USD wallet and see what happens?
Posted on 12/20/17 at 9:08 am to bstew3006
quote:
Time to pull back, move money to USD wallet and see what happens?
while we are seeing a small recoil right now, this is not the crash that will happen. Right now LTC is only down 10% or so, ETH is only down 4%, etc.
When the crash happens, it'll be sudden and it will be devastating, in the 50-90% of value range
ETA: So pulling out now doesn't do you any good, because this isn't the crash, even though the crash could happen today, this isn't it yet.
This post was edited on 12/20/17 at 9:09 am
Posted on 12/20/17 at 9:21 am to bstew3006
quote:
I picked a good day to buy ltc
In on the action finally now that my accounts verified.
I bought 2 Ethereum coins today.
Watching and trying to time buying LTC perfectly to get it at the bottom of its swing now.
Posted on 12/20/17 at 9:26 am to Who_Dat_Tiger
quote:
In on the action finally now that my accounts verified.
I bought 2 Ethereum coins today.
Watching and trying to time buying LTC perfectly to get it at the bottom of its swing now.
I think LTC fluctuates a lot before and after Christmas, I think last year it lost like 60% of it's value around Christmas?
But I'm also far from an expert... I'm just letting you know LTC might be a risk for awhile: but then again nobody saw it jumping 300% at the beginning of December either.
Posted on 12/20/17 at 9:26 am to BaddestAndvari
I think LTC is reacting to rumors to the Founder of LTC cashing out his holdings.
Bitcoin will correct hard, and shite will plummet...again...buy the dip. But BTC seems as though it'll stabilize for a while first, and alt coins will trade sideways for a bit.
Bitcoin will correct hard, and shite will plummet...again...buy the dip. But BTC seems as though it'll stabilize for a while first, and alt coins will trade sideways for a bit.
Posted on 12/20/17 at 9:33 am to BaddestAndvari
quote:
I think LTC fluctuates a lot before and after Christmas, I think last year it lost like 60% of it's value around Christmas?
It was only at $4 last Christmas. Can we please expect another 8000% gain out of LTC for the next year
Posted on 12/20/17 at 9:33 am to BaddestAndvari
My Litecoin 
Posted on 12/20/17 at 9:40 am to DeathValley85
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