Current Events > Wow Ethereum is crashing

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Returning_CEmen
07/17/17 3:08:30 AM
#103:


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#104
Post #104 was unavailable or deleted.
Sojy
07/17/17 3:27:28 AM
#105:


darkphoenix181 posted...
it could very well be a law says bitcoins are worth the cash value of a candybar and you lose hundreds of dollars

of course, we would have faith the government would warn you about this upcoming legislation giving you time to cash out and hold your value that way
but even with such a warning everyone would be selling and the value would drastically drop

It's on the internet. The internet is a global thing. Bitcoin is obviously dispersed in a manner where no one country has jurisdiction over it so laws can't really do shit.

What do you think BTC was being used for in the beginning? Certainly not legal transactions.
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clearaflagrantj
07/17/17 9:35:28 AM
#106:


I dropped $250 on BTC and ETH each, I am not afriad of this shit at all, the perfect time to buy is when there is blood on the digital streets.
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ChromaticAngel
07/17/17 9:36:43 AM
#107:


Sojy posted...
What do you think BTC was being used for in the beginning? Certainly not legal transactions.


the first recorded BTC transaction was to have a pizza delivered.

He paid 10,000 BTC for a pizza.

holy fuck
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Mandasnake
07/17/17 9:36:45 AM
#108:


clearaflagrantj posted...
dropped $250 on BTC and ETH each, I am not afriad of this s*** at all

you spent like 1 percent of your networth. I think you are fairly cautious about it.
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Gorbachev
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Roxborough4Ever
07/17/17 9:36:52 AM
#109:


clearaflagrantj posted...
I dropped $250 on BTC and ETH each, I am not afriad of this shit at all, the perfect time to buy is when there is blood on the digital streets.


you dropped peanuts...if you actually wanted to make a profit why didn't you scope out a smaller coin to ride
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clearaflagrantj
07/17/17 9:43:02 AM
#110:


Mandasnake posted...
clearaflagrantj posted...
dropped $250 on BTC and ETH each, I am not afriad of this s*** at all

you spent like 1 percent of your networth. I think you are fairly cautious about it.

Roxborough4Ever posted...
clearaflagrantj posted...
I dropped $250 on BTC and ETH each, I am not afriad of this shit at all, the perfect time to buy is when there is blood on the digital streets.


you dropped peanuts...if you actually wanted to make a profit why didn't you scope out a smaller coin to ride


I already invested about $2275 in cryptos, so this extra $500 is just a quick buying opportunity for some discount coin. 98% of my portfolio investments are index funds because I'm a sissy, and slow safe returns are my strategy, the crypto investments are just volatile fun, it's basically gambling.

And I have a couple hundred spread out with less popular coins like ETC and Sia.
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emblem boy
07/17/17 9:44:31 AM
#111:


Where do you buy ethereum at anyway
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DifferentialEquation
07/17/17 9:45:32 AM
#112:


You should have followed the Reddit ethtrader forum. It was a piggish frenzy. There were people taking out big loans or money out of 401ks to buy at $400.

So many people there would downvote anyone who wasn't convinced that Ethereum was the second coming and anyone who shitposted "HODL" memes was treated as making reasonable and well thought out points.

Think of how much of a fan of Donald Trump I am. Now imagine a whole forum of people who are 20x more fanatical about Etherum and its founder Vitalik and you had the ethtrader forum.
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Mandasnake
07/17/17 9:46:54 AM
#113:


DifferentialEquation posted...
You should have followed the Reddit ethtrader forum. It was a piggish frenzy. There were people taking out big loans or money out of 401ks to buy at $400.

So many people there would downvote anyone who wasn't convinced that Ethereum was the second coming and anyone who shitposted "HODL" memes was treated as making reasonable and well thought out points.

Think of how much of a fan of Donald Trump I am. Now imagine a whole forum of people who are 20x more fanatical about Etherum and its founder Vitalik and you had the ethtrader forum.

well its reddit
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Gorbachev
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DyingPancake
07/17/17 9:49:43 AM
#114:


I mean ethereum is at too high of a price now to make a huge killing off it (unless you invest a ton of money but that would be dumb. As seen above people did do this and I can't fathom how they function in the real world), but if you're willing to play the long game you're more than likely going to see a profit. Could you lose everything? Obviously, so just be smart about it

Buy some if you're interested and just forget about it. A drop like this was guranteed to happen. It'll climb as time goes on
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Transcendentia
07/17/17 10:46:11 AM
#115:


I'm all about that Ethereum Classic. Much more reasonably priced, much more potential for large increases imo
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alphagamble
07/17/17 10:51:39 AM
#116:


Does this mean that PC part prices will plummet?
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ooh
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#117
Post #117 was unavailable or deleted.
Transcendentia
07/17/17 11:07:34 AM
#118:


alphagamble posted...
Does this mean that PC part prices will plummet?


Possibly. Some of the more novice miners will panic and sell their hardware now that they're no longer making thousands per month, because the return on investment is much longer now due to the prices crashing. I'm hoping they start selling soon so I can buy more mining hardware on the cheap.
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clearaflagrantj
07/18/17 10:18:27 AM
#119:


Would you look at that, BTC/ETH are going right back up and I bought some discount coins and made a quick $100 already.

Once the fake August 1st bullshit passes people will buy back in and they'll go up even more. Digital currency is the future folks.
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Shmashed
07/18/17 10:21:42 AM
#120:


clearaflagrantj posted...
Would you look at that, BTC/ETH are going right back up and I bought some discount coins and made a quick $100 already.

Once the fake August 1st bullshit passes people will buy back in and they'll go up even more. Digital currency is the future folks.


You don't make any money until you sell.
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booboy
07/18/17 10:29:56 AM
#121:


I'd like to build a modest mining rig to mine the coins that aren't on the mainstream radar but look like they have promise.
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Transcendentia
07/18/17 10:30:53 AM
#122:


booboy posted...
I'd like to build a modest mining rig to mine the coins that aren't on the mainstream radar but look like they have promise.


Not a bad idea, the hardware will be a hedge.
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apolloooo
07/18/17 10:40:26 AM
#123:


Dropped 15 bucks on btc when it reach 1910s.

Now i have 21 bucks!

If i had dropped all my liquid savings at that moment i would have lile 5000 now
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Transcendentia
07/18/17 11:07:44 AM
#124:


apolloooo posted...
Dropped 15 bucks on btc when it reach 1910s.

Now i have 21 bucks!

If i had dropped all my liquid savings at that moment i would have lile 5000 now


Only put in what you can afford to lose.
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clearaflagrantj
07/18/17 12:03:02 PM
#125:


booboy posted...
I'd like to build a modest mining rig to mine the coins that aren't on the mainstream radar but look like they have promise.

NiceHash mines different shit and optimizes your profits based on the markets and your hardware.

Shmashed posted...
clearaflagrantj posted...
Would you look at that, BTC/ETH are going right back up and I bought some discount coins and made a quick $100 already.

Once the fake August 1st bullshit passes people will buy back in and they'll go up even more. Digital currency is the future folks.


You don't make any money until you sell.

I don't lose money until I sell either
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Transcendentia
07/18/17 12:17:45 PM
#126:


lmao don't waste your time with NiceHash or any of the other cloud mining scams
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clearaflagrantj
07/18/17 12:41:28 PM
#127:


Transcendentia posted...
lmao don't waste your time with NiceHash or any of the other cloud mining scams

What do you suggest?
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Transcendentia
07/18/17 1:27:56 PM
#128:


clearaflagrantj posted...
Transcendentia posted...
lmao don't waste your time with NiceHash or any of the other cloud mining scams

What do you suggest?


building your own mining hardware or buying directly with cash that you don't mind losing
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clearaflagrantj
07/18/17 3:35:25 PM
#129:


Transcendentia posted...
clearaflagrantj posted...
Transcendentia posted...
lmao don't waste your time with NiceHash or any of the other cloud mining scams

What do you suggest?


building your own mining hardware or buying directly with cash that you don't mind losing

Wait

I mined for like a day on NiceHash with my own GPU.

I don't understand what you mean.
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Transcendentia
07/18/17 3:37:13 PM
#130:


Wait

I mined for like a day on NiceHash with my own GPU.

I don't understand what you mean.


oh i didnt notice that it's a multipool. i thought it was just one of those "rent some hardware" cloud services. carry on then chap!
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Thrillwell
07/18/17 11:16:08 PM
#131:


lel coindash
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Thrillwell
07/18/17 11:19:20 PM
#132:


RMZUIcp
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Novus Ordo Seclorum
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Rob Cesternino
07/20/17 1:22:16 AM
#133:


Thumbs up to everyone who bought sub-200
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