Favorite team:Arizona 
Location:Hermosa Beach
Biography:
Interests:
Occupation:
Number of Posts:136118
Registered on:9/30/2006
Online Status: Online

Recent Posts

Message
re: Official CryptoTalk Thread - stout
[quote]I think the crypto market is still figuring out its own definitions and norms. [/quote] I agree and if there is ever a more stable currency that markets get based on, the overall market will more closely resemble actual markets. Of course that means the "gold rush" will be all but over wi...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Official CryptoTalk Thread - stout
[quote]That doesn't preclude a greater than 10% drop in value from being called a correction.[/quote] I agree if we're talking about typical markets. Nothing about the volatility of crypto is typical, though. [quote]They are defined based on the percent drop and time to recover.[/quote] Yo...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
$7.14 now. I bought some a few days ago around $9 but then averaged way down when it was trading in the $5 range yesterday. I haven't done the math on what my average price is yet. Will do that in a bit. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
I will say if this continues for another week or so, and we see some of the crap coins disappear, then we will obviously be in a full on correction and that wouldn't be a bad thing. That will add more value to the big boys obviously. It just seems like a rebound is happening fairly fast at this ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Official CryptoTalk Thread - stout
I did?...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Official CryptoTalk Thread - stout
[quote]The overall market lost about 50% market cap in the last month.[/quote] Didn't it also gain 50% cap in the previous month or really close to it? ...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
[quote]Sounds more like a recession. [/quote] A correction can also be a recession. I think that as volatile as crypto is, it won't undergo a small correction and keep chugging like the actual market can. The swings are too big for that. If/when a correction happens, it will be worse than th...
Posted on Money Talk
Jump to Post - View Topic - Replies (2)
re: Official CryptoTalk Thread - stout
[quote]Now you’re just being a douche [/quote] Sorry. Comes natural. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Official CryptoTalk Thread - stout
We're talking whole market corrections and you want to talk one coin? I know you know the answer to your question already and my rebuttal is that crypto in general is so volatile so that 50% swings aren't unusual. It's why you all are investing in crypto hoping for homeruns if that 50% swing is i...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
[quote]I’m high on XLM and GNT [/quote] <---- ICX...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
[quote]opinion[/quote] It's not an opinion. What happened is not a market correction. When a correction happens, it'll be worse, last longer, and a lot of the shite coins will disappear. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (3)
re: Official CryptoTalk Thread - stout
[quote]Correction over? [/quote] One day of drops with an immediate rebound does not = a correction. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
Yea I know. It's a 100% short term. Only bought because of the dump and mad I missed the bottom on it, but I am sitting good on it for now. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
[quote] Charlie Lee[/quote] I like that guy. He's reasonable Anyhoo... [img]https://i.redd.it/8uzsrsbxeoa01.jpg[/img] :lol:...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
I bought 6 shares of [link=(https://finance.yahoo.com/quote/GBTC/)]GBTC[/link] at $1474 a pop this morning. It's currently trading at $1550 so I am up already a little but if there is a crypto rebound I should be sitting pretty good. It trades consistently $2K+ and hit an ATH of $3200 in December. D...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
[quote]and that traders are shorting to hedge their long futures exposure. [/quote] That's common practice, though. I wouldn't read much into it. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Let's do a top 5 equity portfolio for 2018 - stout
[quote]33. ItNeverRains: -10.72% RIOT -35.63% TEUM 11.59% DPW -28.35% SSC -6.94% FLEX -10.72% [/quote] I want to hire ItNeverRains as a financial advisor....then short whatever he says. ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Official CryptoTalk Thread - stout
[quote]dear god, what has this thread become [/quote] :confused:...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)
re: Official CryptoTalk Thread - stout
[quote]How low are you guys expecting this dip to go? Trying to figure out when I should buy again. [/quote] No one knows. I was playing with profits until this happened. I put some cash back in yesterday just to start buying what I can. You can buy what you think is the dip and it keeps g...
Posted on Money Talk
Jump to Post - View Topic - Replies (1)
re: Official CryptoTalk Thread - stout
[b]Bitconnect, which has been accused of running a Ponzi scheme, shuts down[/b] [quote]Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the platform said ...
Posted on Money Talk
Jump to Post - View Topic - Replies (0)