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re: Official CryptoTalk Thread

Posted on 2/13/18 at 10:33 pm to
Posted by stout
Porte du Lafitte
Member since Sep 2006
180473 posts
Posted on 2/13/18 at 10:33 pm to
Can someone give us an update on ECA? It seems dead. No volume, still no clear purpose and the price seems to have flatlined.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/13/18 at 11:05 pm to
Havent looked into it at all but don't use volume as a measure of anything right now.

Down quite a bit across the market
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64234 posts
Posted on 2/13/18 at 11:19 pm to
A bit of news on FairX




Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/14/18 at 4:47 am to
A lot of my same thoughts...

quote:

I get that there is a lot of excitement in the crypto space in general, and the extreme price increases in November and December last year gave everyone some insane dopamine rushes, but reading the comments here, it just seems that what people are looking for here is unsustainable, both on our part and on Vechain's. A couple of thoughts:

1. Vechain is the closest thing to a fully developed start-up in the crypto space.

2. The value of the VET tokens is going to be driven by the value of the Vechain platform. It will be determined by how much demand there is by (1) enterprise users, and (2) institutional investors.

3. Since Vechain is a fully-developed start-up, news of meetings with politicians or new partnerships should not be "pumping" the price every single day. That's not how business valuations work. Valuations should grow gradually over quarters and years as the business value is proven. VEN cannot reach its true valuation within the next 12 months. If it did, it would be a result of a speculative bubble and would have to correct.

4. After the rebranding, it seems that Vechain will need to get down to the business of launching the mainnet and bringing more clients on board. We can expect them to keep us informed and excited about their progress, but we can't expect them to make needless announcements to try to "pump" the price.

5. The fact that Vechain posts are banned elsewhere on Reddit makes absolutely no difference. Reddit posters FOMOing in cannot push VEN past $9 or $10. You need to be patient for enterprise and institutional investors.

EDIT: I should add, I think anyone not having this perspective will ruin what could be one of the best experiences of their lives. This is the closest that a lot of us will ever get to being part of a world-changing start-up. I think we should try to enjoy the ride.


LINK

$100 EOY is very realistic only a 50b MC.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60693 posts
Posted on 2/14/18 at 6:01 am to
Did your mama drop you on head as a baby or did you naturally ride the short bus?

We got it. You like Vegchain or whatever. I like 25-30 tokens and coins. Give it a rest.
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 2/14/18 at 7:47 am to
So I currently have some ETH, BTC, Stellar and POE sitting on binance that I bought or am about to use to purchase alts.

Should I just let them sit on there or is it safer to send the BTC, Stellar and POE to CoinBase and in my wallet?

Is it even possible to send the Stellar and POE to CB?
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 2/14/18 at 7:57 am to
Litecoin sure loves to make violently large green candles during the good times.
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 2/14/18 at 8:20 am to
quote:

Is it even possible to send the Stellar and POE to CB?


No
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 2/14/18 at 8:28 am to
Litecoin seems to be doing ok right now.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 2/14/18 at 8:30 am to
quote:

Would you back off this shite?

You make this thread retarded when there is plenty of other interesting cryptosphere happenings to discuss.


This will be my only post about him but y’all need to start ignoring him. He doesn’t even understand 90% of what he is posting and probably hasn’t spent more than $20 in crypto. It’s ridiculous he hasn’t been banned.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 9:04 am to
Volume picking up, btc at 9200 and eth at 890. Things are looking positive.

Posted by LSUJuice
Back in Houston
Member since Apr 2004
18019 posts
Posted on 2/14/18 at 9:45 am to
I'm assuming there's a wall at 900? What volume do we need to break through?
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 2/14/18 at 9:56 am to
BTC now at 9325 and ETH at 907
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 10:27 am to
Volume, in and of itself, doesn't mean much other than market interest.

For example, during the crash, ETHs volume was almost 1 million.

Volume can be used as an indicator of how fast things will go.

It's possible for volume to stay low and value to slow-climb if no one is selling.

But volume picking up with a climb is good news because it means there is fresh buying interest.

The next big resistance points for ETH are 950 and 1000, but if volume and positive sentiment keep up, I expect we will push through them today
This post was edited on 2/14/18 at 10:28 am
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 10:29 am to
The EMA lines are angled upward on the 1d chart for ETH the first time since the last crash :)

I think we need to see ETH above 980-1000 to signal a true recovery
This post was edited on 2/14/18 at 10:30 am
Posted by KamaCausey_LSU
Member since Apr 2013
17357 posts
Posted on 2/14/18 at 11:03 am to
quote:

Can someone give us an update on ECA? It seems dead. No volume, still no clear purpose and the price seems to have flatlined.

Waiting on exchanges still. They recently paid the listing fee for Cryptopia. Just waiting it out. You get 50% annually in staking rewards so no rush for me.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 1:17 pm to
Enthusiasm has waned and ETH has dipped back below 900. Regardless, it was good to break the resistance 900-920.

Lets hope this is a short recoil off the upper resistance and we return to eating into the upper level walls.
Posted by tween the hedges
Member since Feb 2012
20590 posts
Posted on 2/14/18 at 1:25 pm to
Yay I’m up for the first time since I bought 12 days ago
This post was edited on 2/14/18 at 1:26 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 2/14/18 at 5:02 pm to
BTC doing well but is stuck pinging the resistance 9450-9500. Breaking 9500 would be huge. There i currently about 850~ BTC (over 8m USD) worth of resistance 9450-9500.
This post was edited on 2/14/18 at 5:04 pm
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 2/14/18 at 5:06 pm to
Any predictions on Litecoin over next few days I’m looking to sell around $250
Eth I ain’t selling till at least $1,250-1,300
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