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re: Official CryptoTalk Thread

Posted on 3/2/18 at 10:41 am to
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 3/2/18 at 10:41 am to
quote:

Everyone here is here to make money. There should be true discussion on every coin so everyone can have a chance to make money.


Do you understand that a lot of the "bickering" has been brought about by people trying to bring up valid arguments and immediately getting shut down because its not positive?
Shouldn't this thread also be used to help people from losing money?

And these same shills from one coin want the negative talk to stop on whatever project they are in bed with, but are quick to call other projects dead or dying because of their own lack of research. Even if that project has plenty of potential. Pretty hypocritical if you ask me.
Posted by trux83LSU
brandon, ms
Member since Dec 2006
2674 posts
Posted on 3/2/18 at 11:05 am to
yes i understand what is going on. I don't have a problem with people having valid concerns with a project. I think thats helpful to everyone. I seriously look into every coin people talk about on this board whether it has been ECA, EVX, DNA, VEN, Link. I've purchased some because of my own research following people talking about it.

My concern is mainly that I like this thread and the discussions it brings. I don't want it to go away because reddit and /biz and nothing but shill fests most of the time and you have to sort through tons of sunshine pumping just to find a real discussion.
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/2/18 at 11:09 am to
Interesting coin (NCASH) LINK currently at .035 on binance . Not sure if I like it or creeped out by it . Thoughts?
This post was edited on 3/2/18 at 11:10 am
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11240 posts
Posted on 3/2/18 at 11:10 am to
quote:

 , I knew youd be the first to ejaculate over this tweet . Vechain is far from a shite coin man . Marketing can use some work and soda pop kid needs his can smashed but asians do things differently than were use to . Im starting to think with the way you troll Ven your butt hurt you didnt get in sooner . Especially after backing shite coins like PHO and ECA


Backing is misinformation. Seeing an opportunity to make money is more accurate. My portfolio is generally very conservative. I have 10-12 coins I watch. I only hold 3-5 at a time. I sell them when they have run up a bit, and use those profits to buy the ones bottoming out.

BTC, OMG, ICX, ETC,ADA, KMD, VTC, Neo, Zcash, Xmr, Zen, DCR, Dash, EOS are all coins I generally like. There are more for sure. But I only hold 3-4 of those listed.
Posted by LZ83
La
Member since Sep 2016
17445 posts
Posted on 3/2/18 at 11:13 am to
I added it to my watch list a day or so ago
This post was edited on 3/2/18 at 11:14 am
Posted by dawg4lyfe
Member since May 2012
11662 posts
Posted on 3/2/18 at 11:17 am to
I am surprised as frick that I don't see anyone talking about QSP on here. It was talked about a little on the Telegram. But QSP os legit
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 3/2/18 at 11:18 am to
quote:

Not sure if I like it or creeped out by it


It definitely reads creepy.

But dang....gonna have to look a bit more...
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/2/18 at 11:42 am to
ADA
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/2/18 at 11:43 am to
Def creepy but interesting . Im also hesitant to put money into anything straight out of ICO with the new SEC revelations .
This post was edited on 3/2/18 at 12:01 pm
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 3/2/18 at 12:22 pm to
Ed talks about it a good bit as well
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/2/18 at 12:33 pm to
This is what well thought out constructive criticism looks like...



We have known that the foundation was artificially suppressing the price, but I never looked at it like that.
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/2/18 at 12:45 pm to
So whats ICX’s excuse? In know its not even cracking the top 50 in volume . People not interested in it anymore ? Onlifesupportcoin? Or Deadcoin?
This post was edited on 3/2/18 at 12:47 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/2/18 at 12:45 pm to
Some of his arguments are flawed. I won't repeat them because it's a lot to type out but the thread discussing that goes over it. In addition to those arguments, VeChain simultaneously suppressing their own price while selling their foundation tokens to fund the projects doesn't make a ton of sense to me.

That said, the actuality of VeChain selling their tokens to fund the project (entirely believable) makes good sense to me as far as it keeping the price low. Obviously more sell pressure than buy pressure when that is going on.

The plus side to this is there likely will never be a hard price-dump due to a foundation sell-off. They've been doing this for awhile now in a controlled manner, so we're already seeing the effects of it.

It's plausible this practice will result in delaying any pump significantly, maybe even until 2019. We need to see what happens in June.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 3/2/18 at 12:46 pm to
quote:

So whats ICX’s excuse? In know its not even cracking the top 50 in volume . People are not interested in it anymore ?


I think people are still wary of anything "korean". I have high hopes for ICX if it can hit some KRW exchanges.
Posted by DreauxB2015
Member since Nov 2015
7912 posts
Posted on 3/2/18 at 12:50 pm to
I only clown it for a few obvious reasons but Id also like to see it succeed.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64142 posts
Posted on 3/2/18 at 1:01 pm to
quote:

Interesting coin (NCASH) LINK currently at .035 on binance . Not sure if I like it or creeped out by it . Thoughts?




Yeah wondering what this is.
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 3/2/18 at 1:08 pm to
quote:

OleWarSkuleAlum


quote:

This is what well thought out constructive criticism looks like...


Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 3/2/18 at 1:37 pm to


quote:

Bull scenario: Earlier, I posted about the bottoming of the double top reversal. My prediction was slightly off, but it was very close given that none of the candles closed under my support line. Following that analysis, I noticed something big in the VeChain charts. I failed to recognize that this could be a much bigger pattern forming. Dating all the way back to February 5th, you can see that this recent double top reversal has formed the second trough of a much larger double bottom reversal - a bullish formation. With impeccable timing, the MACD on the 2-hour chart has formed a bullish crossover. If we get significant volume soon, we could see near-ATH levels again.

My satoshi prediction is about 79500. Bitcoin seems to be gearing up for a massive bull run. If it fulfills its inverse head and shoulders pattern, we would see $16000 BTC again. This BTC price, combined with our satoshi value, is what we've all been waiting for...$10+ VeChain!

Reasons to believe it will happen: 1) Bitcoin has tested and confirmed the top of its downtrend channel as support multiple times, a very bullish signal. 2) The MACD crossover 3) The support line has been confirmed numerous times and is becoming stronger with every bounce. 4) From a fundamental standpoint, VeChain's team has delivered everything we could ask for and more. The rebranding was a successful event, regardless of the criticisms about "cheesy marketing." 5) From CCK's tweet, we still have a potential partnership coming up with Wen-Parker Logistics. (Although unconfirmed, it would line up very well considering they provide supply chain services to automobile manufacturers. Literally, a perfect partnership for VeChain to go along with BMW.)

Reasons to believe it won't happen: 1) There is a ton of overhead resistance, including the 50 EMA, top of the downtrend channel, peak of the double bottom reversal, and Fibonacci levels. 2) There has been a lot of talk about price manipulation and whales. There is likely merit to some of these accusations, and the negative sentiment could create a bit of a self-fulfilling prophecy. 3) Obviously, this pattern is unconfirmed and has a long way to go before we even reach the previous peak. It could fail or never even start. 4) Low volume. It seems like the bulls are afraid to jump in. We may need a catalyst. (But perhaps this is when the phoenix rises from the ashes and VeChain announces another beautiful partnership?)

Bear scenario: Looking at the same chart, you can see we also have a triple top formation. This means that the peak is acting as a very tough resistance and we may not be able to break through. However, I believe that this is the less likely scenario. We are currently in a downtrend and a triple top is supposed to be a bearish reversal signal. How can we reverse to bearish when we are already bearish? (Unless, we're looking to retrace from the massive bull-run from VeChain's ICO, which I doubt.) Additionally, if we were to achieve our Hell target price, we would be deviating significantly from our lower downtrend support and several Fibonacci levels.

Reasons to believe it will happen: 1) We're bleeding. More FUD popping up to add fuel to the fire. 2) VeChain's incredible run-up since ICO has given some people reason to worry about a large retracement in the near future. 3) Price manipulation and whales. 4) All cryptos could still be overvalued. Until someone comes up with a proper valuation method, we're all just speculating.

Reasons to believe it won't happen: 1) VeChain is too solid of a company and has upcoming announcements that will bolster the price. 2) The volume at the support line is not significant enough to break through and there is a bullish crossover on the MACD. 3) We are in a downtrend and the only "reversal" we should see is back to bullish.


LINK
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18016 posts
Posted on 3/2/18 at 1:56 pm to
I think I like what I see out of NEBL. What are thoughts on entry point? Is it pumped now and worth waiting a bit?

Also paging CE Tiger. What's the story with LINK? Have a good link (intended) where I can begin research?
This post was edited on 3/2/18 at 1:58 pm
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 3/2/18 at 1:58 pm to
CE is the research
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