Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. wheyum

    wheyum Well-Known Member
    Donor

    When i first started was too pussy to buy more than .03 BTC at $5,000.
    Past week the gains have been so strong I've been buying every little dip 15k 14.5k etc. and have no more money for the real dip..

    I believe in this stuff longterm so no issue HODLing but this sucks.

    - Crypto Idiot
     
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  2. Nantucket

    Nantucket Northeastern Elitism+Alabama Downhome Sensibility
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    :mulletsmug:
     
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  3. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Bloodbath. I feel like I just invested in some hot stock tips in the summer of ‘29.

    Still up though, and still feeling like it’ll rebound.
     
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  4. Pharm

    Pharm Right Handed
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    Florida State SeminolesAtlanta HawksAtlanta Falcons

    At one point yesterday my portfolio was at 22k its now. 10k. Nice
     
  5. Houndster

    Houndster Well-Known Member
    Donor TMB OG

    I’m down about $5k from yesterday. Not selling doe. Probably gonna buy some more BTC at some point today.
     
  6. Dwight Schrute

    Dwight Schrute 7 out of every 10 attacks are from the rear.
    Florida GatorsTampa Bay RaysTampa Bay Lightning

  7. pianoman

    pianoman my drinks are free
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    This is just the same thing that happened this summer. The top ten in market cap increased by about 3.2x from beginning of May to end of June. Then crashed to about 70% of that by the beginning of August and started their climb back up. We're seeing the same thing now. The top ten is at about 3.24x what they were in the middle of October and are seeing the proper correction. If you don't want to deal with the volatility sit out the next three weeks and then jump back in. I'm sitting on USDT right now and will move back in once we start to see some stability. Use this time to buy in to some coins you like for the long term. Coins like FCT and LTC are both nearing 50% of their ATH.
     
  8. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Hot coin alert:

    USD Tether is holding strong at $1 per coin
     
  9. Jeffrey Lebowski

    Jeffrey Lebowski Obviously you're not a golfer
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    Georgia BulldogsAppalachian State MountaineersFormula 1

    Mass exodus

    I’m hodling
     
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  10. Odin

    Odin social distancing since 1990
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    This is posting
     
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  11. Pharm

    Pharm Right Handed
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    Yep why not already withdrew my original investment.
     
    Jeffrey Lebowski likes this.
  12. Trofie

    Trofie Well-Known Member
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    Kind of happy this happened. Don't have to worry about people stealing all our money now.
     
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  13. Pharm

    Pharm Right Handed
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    Florida State SeminolesAtlanta HawksAtlanta Falcons

    However, wish I could have seen this coming and withsrew to tether, but hey o well it's just money
     
    LeVar Burton likes this.
  14. pianoman

    pianoman my drinks are free
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    Understand all this is going to do is bring in new money into the market that was waiting for it to crash to buy in.
     
  15. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    Yep
     
  16. jrmy

    jrmy For bookings contact Morgan at 702-374-3735
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    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Good news guys now our tax burdens aren’t as significant
     
  17. arrdub

    arrdub Well-Known Member
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    Florida State Seminoles

    Just saw $10k BTC on coinbase for a minute
     
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  18. Odin

    Odin social distancing since 1990
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    Alabama Crimson TideAtlanta BravesChelseaMetal

    What a fucking time to be alive
     
  19. WC

    WC Bad Company, ‘til the day I die.
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    Whose idea was it to play this stupid game anyway?
     
  20. arrdub

    arrdub Well-Known Member
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    Florida State Seminoles

    Play stupid games win stupid prizes

    Edit: thread title imo
     
  21. Is it dumb to sell off from the higher levels, buy now when it's low under the assumption that it will go back up and your losses will be recovered?
     
  22. dblplay1212

    dblplay1212 Well-Known Member
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    Sheesh, Black Friday out here. T's and P's for you guys.

    Any idea what's causing this dip/correction across the board? One big sale trigger more or what? Like I said previously, I'm always curious as to the why something happens, so that's why I'm asking.
     
  23. reflux

    reflux Swagriculture
    Donor

    :ohdear:
     
  24. arrdub

    arrdub Well-Known Member
    Donor
    Florida State Seminoles

    Seems to me that bitcoin cash add to coinbase rocked the boat and destabilized BTC, which eventually led to a bank run across the board

    But I’m down with pianoman take that this ultimately follows the trend
     
  25. Beachy Toast

    Beachy Toast He wants you too, Malachi.
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  26. arrdub

    arrdub Well-Known Member
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    Florida State Seminoles

    Would like to dollar cost average the f out of this valley
     
  27. kinghill

    kinghill Cool American Flavour
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  28. Houndster

    Houndster Well-Known Member
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    Bought $1k of BTC at ~$11,000

    $500 of LTC at ~$190

    $600of ETH at ~$570
     
  29. Tlayton

    Tlayton Well-Known Member
    Donor

    This is my first big correction as a crypto trader. I’m hodling and trying not to look at it today
     
  30. kinghill

    kinghill Cool American Flavour
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    What will 12/22/17 -> 1/1/2019 be like? Anyone down for the $1k crypto gamble if you're not already in?

    Possible outcomes
    a) it all goes to shit and your 1k gamble is worth $100
    b) doesn't do much. maybe another big player comes in and the current top10 don't do much and your $1k gamble is worth $1k-1.5k
    c) couple big gainers, the others average out to not much. your $1k gamble is worth $2-3k kinda like 2016->2017.
    d) big gainz all over, your 1k sees 500% overall gain, 1k goes to 6k.
    e) we're not seeing 2017->2018 again right? lol 3700%

    [​IMG]
     
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  31. Dale Doback

    Dale Doback Well-Known Member
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    clawing back?!?!?!
     
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  32. pianoman

    pianoman my drinks are free
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    The red guy is bitcoin right now and the rest are alts.


    [​IMG]
     
  33. Jax Teller

    Jax Teller Well-Known Member
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    What's the $1k gamble?
     
    Struggler likes this.
  34. pianoman

    pianoman my drinks are free
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    Split $1k between the top ten market cap cryptos and just ride it for a year.
     
    Sex Fuckhead, kinghill and Jax Teller like this.
  35. Trofie

    Trofie Well-Known Member
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    Ripple is saving my ass.
     
    jham23, VictorJ24, WC and 3 others like this.
  36. arrdub

    arrdub Well-Known Member
    Donor
    Florida State Seminoles

    BTC back from bottom of 10.4 on coinbase to 13.4 already

    I think that was our bottom... for this week at least
     
  37. Oshie

    Oshie single dad no kids
    South Carolina GamecocksWashington Capitals

    Hello I invested $50 today to save the market ask me anything
     
  38. bnob

    bnob Well-Known Member
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    Kicking myself for not buying LTC below $200. Hopefully it drops back down some.
     
  39. kinghill

    kinghill Cool American Flavour
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    I've gone to the water cooler twice today at work and both times coworkers who I've never discussed a single thing about crypto with have started a conversation about bitcoin.
     
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  40. Jax Teller

    Jax Teller Well-Known Member
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    I bought :smug:

    Only $100 worth :tebow:
     
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  41. pianoman

    pianoman my drinks are free
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    Yup, had a coworker who has been against buying in for months said he will be going home at lunch and dropping $15k into one of those bitcoin ETFs
     
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  42. Jax Teller

    Jax Teller Well-Known Member
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    Someone earlier was talking about buying small amounts of penny coins to give as gifts to nieces and nephews. Who was that? What coins did you get and how do you plan on giving them the coins?

    Speaking of storing coins, I think I missed the discussion about offline wallets. Where can I find some good information on picking up one?
     
  43. pianoman

    pianoman my drinks are free
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    This looks like a bull trap. This isn't the bottom.
     
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  44. kinghill

    kinghill Cool American Flavour
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    That was me but someone else said they were going to do the same. Except mine is a "white elephant" gift.

    I bought 500 SNT for about 5 cents each and SNT is 12 cents now.

    Will probably just try to win it myself lol. Maybe write the public wallet address on a piece of paper and if someone else gets it i'll help them setup a wallet and transfer it to them.
     
    Jax Teller likes this.
  45. Struggler

    Struggler Well-Known Member
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    Explain investing in bitcoin futures etf like I’m 5.
     
  46. Struggler

    Struggler Well-Known Member
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    Ohio State BuckeyesCincinnati RedsCincinnati Bengals

    Fuck
     
  47. Jax Teller

    Jax Teller Well-Known Member
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    Alabama Crimson TideAtlanta BravesTennessee TitansNashville PredatorsNashville SC

    Hmmm. Guess I could write the wallet address on a card and then give that to them and tell them/their parents what it is and how to store it.
     
  48. Trofie

    Trofie Well-Known Member
    Donor TMB OG
    Chicago CubsIndianapolis Colts

    transferred a bunch of ETH from Binance to Bittrex to get some more FCT and Eth wallet is offline on bittrex , not great timing
     
  49. Joe Withabee

    Joe Withabee PS I have sifulus
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    Texas RangersDallas MavericksDallas CowboysChelseaTiger WoodsBarAndGrillFormula 1

    Here we go back down!