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re: Official CryptoTalk Thread

Posted on 12/21/17 at 8:00 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82110 posts
Posted on 12/21/17 at 8:00 pm to
Hold onto your shorts boys and girls! We finna go for a nice plunge
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/21/17 at 8:01 pm to
Posted by stout
Porte du Lafitte
Member since Sep 2006
180383 posts
Posted on 12/21/17 at 8:05 pm to
You guys said a page ago it was fine?
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 12/21/17 at 8:05 pm to
Russia finna eat
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/21/17 at 8:07 pm to
Who you callin you guys
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 12/21/17 at 8:09 pm to
XRP is still up like 50%, if it starts dropping the suicide help-line might really be important
Posted by DeathValley85
Member since May 2011
18996 posts
Posted on 12/21/17 at 8:09 pm to
Ether still up for the week...I want to buy, but on a real plunge.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82110 posts
Posted on 12/21/17 at 8:14 pm to
Alts are doing well. The majors are down about 10% in the past hour or so
This post was edited on 12/21/17 at 8:15 pm
Posted by gobuxgo5
Member since Nov 2012
10304 posts
Posted on 12/21/17 at 8:15 pm to
Ouch I have a pending 1k deposit of bitcoin at $18,400
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82110 posts
Posted on 12/21/17 at 8:16 pm to
Yea we were at about $620 a week ago for ETH. We are at $748 right now. Things are ok for now
Posted by stout
Porte du Lafitte
Member since Sep 2006
180383 posts
Posted on 12/21/17 at 8:16 pm to
Maybe I am naive, but I figured the majors crashing would kill the alts eventually?

Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 12/21/17 at 8:17 pm to
I had my finger on the sell button when LTC was $310, I regret not hitting it and buying at the bottom
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 12/21/17 at 8:19 pm to
quote:

Maybe I am naive, but I figured the majors crashing would kill the alts eventually?


XRP is currently +64% and before the majors crashing was +54% - I don't think the majors crash is affecting the alts that much honestly

ETA: I think we are seeing a crash due to Russia saying they are bringing in regulations, and also the Christmas crash, today was the last day of work for a lot of people, and so they are pulling out for the holidays.
This post was edited on 12/21/17 at 8:21 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82110 posts
Posted on 12/21/17 at 8:20 pm to
Usually alts follow the majors. Alts are down a bit with the majors in the past couple hours, but the alt run the past few days makes todays drop barely noticeable
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82110 posts
Posted on 12/21/17 at 8:21 pm to
Yall need to stop trying to time the damn market. Buy good quality coins and HODL them. Too many people are losing because they try to day trade this shite and time the market runs
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 12/21/17 at 8:21 pm to
TIL crypto is volatile
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82110 posts
Posted on 12/21/17 at 8:22 pm to
These swings aren't for the faint of heart
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18666 posts
Posted on 12/21/17 at 8:23 pm to
quote:

Too many people are losing because they try to day trade this shite and time the market runs



My friend has already lost some from doing it, it's probably the biggest reason I hodl'd this time, and will probably continue to do so in the future

ETA: I also still have 3 LTC pending from when it was 360. I'm ok with it, but yeah, this shite isn't for the faint of heart
This post was edited on 12/21/17 at 8:25 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
180383 posts
Posted on 12/21/17 at 8:24 pm to
Gotcha.

Its just nuts how many new coins there are, new companies screaming blockchain (like Long Island Iced Tea lol), and the fact that all of this is backed by nothing really...it's all become eerily similar to the dot com bubble IMO.
This post was edited on 12/21/17 at 8:25 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 12/21/17 at 8:25 pm to
im also pretty sure the top 10 coins are still higher than they were two weeks ago.

anyways this is normal

btc was $8k just a month ago
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