Current Events > Crypto General #1: Bearish af

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clearaflagrantj
12/08/17 10:20:30 AM
#152:


HypnoCoosh posted...
@clearaflagrantj posted...
getting out with fiat


What does this mean?

Selling cryptos for USD/normal boring currency to "get out"

Like sometimes BTC pumps and all alts drop hard, that means new money isn't really enterting the crypto marketcap and that people are just converting to BTC. Other times BTC will pump and the alts stay the same or increase too, that's fiat being injected in (like yesterday)
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HypnoCoosh
12/08/17 10:21:57 AM
#153:


Thanks TIL fiat lol
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Ballstopshere
12/08/17 10:22:12 AM
#154:


i only bought 50 of LTC and its up 18%
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iamintents
12/08/17 1:03:54 PM
#155:


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FightingGames
12/08/17 7:41:17 PM
#156:


gonna dump ODN on the 24th. They just fired their entire marketing team
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Persona6
12/08/17 8:00:45 PM
#157:


FightingGames posted...
gonna dump ODN on the 24th. They just fired their entire marketing team


Thats a good thing they botched odn's rebrand website. The updates are going along smoothly so getting a new PR team was a good idea I would seriously hold on to them
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BignutzisBack
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The_Juice_
12/08/17 9:23:09 PM
#158:


Bought 3 LTC a couple weeks, sold them all just now.

Would rather be safe than sorry with this huge burst, made a good chunk so definitely no regrets even if it goes up a little bit.

Almost certainly buying back into LTC when it corrects in what should be the very near future.
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Dragon239
12/08/17 9:28:36 PM
#159:


Ballstopshere posted...
i only bought 50 of LTC and its up 18%

$50 or 50 coins?
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clearaflagrantj
12/08/17 9:35:01 PM
#160:


Litecoin hit 149 on GDAX

$2.3M buy wall at 150
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Ballstopshere
12/08/17 9:37:26 PM
#161:


Dragon239 posted...
Ballstopshere posted...
i only bought 50 of LTC and its up 18%

$50 or 50 coins?

$50

I still have a $750 limit on coinbase, probably cause I haven't uploaded my ID
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KainWind
12/08/17 9:53:20 PM
#162:


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SwordMaster13X
12/08/17 9:59:55 PM
#163:


Good to see ETH and LTC are going up. That's where I will probably invest more as it seems like the window for gains is still there due to gradual growth and not insane growth. Sure it's growing faster than a lot of stocks but these two aren't bitcoin crazy yet.
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GoriIIa
12/09/17 12:25:13 AM
#164:


Let's go! I'm glad I put in some Litecoin a couple weeks ago.

I should have diversified my portfolio when I first bought coins; I'm an idiot. But I'm glad Ethereum is rising up again.
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FLUFFYGERM
12/09/17 12:26:51 AM
#165:


You guys should definitely buy some LTC while it's still below $1,000. It's going to break $1,000 really easily. It's arguably the most undervalued coin right now.

Ethereum Classic is another one to eyeball. Same story with that one.
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FightingGames
12/09/17 12:29:13 AM
#166:


what's so good about ETH Classic?
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FightingGames
12/09/17 12:37:34 AM
#167:


oh shit. ETH is approaching $500
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GoriIIa
12/09/17 12:43:25 AM
#168:


FLUFFYGERM posted...
You guys should definitely buy some LTC while it's still below $1,000. It's going to break $1,000 really easily. It's arguably the most undervalued coin right now.

Ethereum Classic is another one to eyeball. Same story with that one.


How do people predict things at all with these?
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FightingGames
12/09/17 12:45:11 AM
#169:


GoriIIa posted...
FLUFFYGERM posted...
You guys should definitely buy some LTC while it's still below $1,000. It's going to break $1,000 really easily. It's arguably the most undervalued coin right now.

Ethereum Classic is another one to eyeball. Same story with that one.


How do people predict things at all with these?

every coin is going up
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Nostradumbass
12/09/17 12:45:32 AM
#170:


my $300 in lite is getting closer to $600
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GoriIIa
12/09/17 12:48:11 AM
#171:


FightingGames posted...
GoriIIa posted...
FLUFFYGERM posted...
You guys should definitely buy some LTC while it's still below $1,000. It's going to break $1,000 really easily. It's arguably the most undervalued coin right now.

Ethereum Classic is another one to eyeball. Same story with that one.


How do people predict things at all with these?

every coin is going up


Yeah but people always say it can go to 0 in an instant.

What do I do with my investments/coins?! Ahh!!

This is a thrill.
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SomeLikeItHoth
12/09/17 3:35:05 AM
#172:


Ballstopshere posted...
where can you buy the other coins with credit/cash like on coinbase?

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FightingGames
12/09/17 10:23:35 AM
#173:


sold all my ODN. Their app got delayed
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SomeLikeItHoth
12/09/17 12:58:01 PM
#174:


Just below 14k now. Thoughts? Should I wait a bit longer to buy?
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"Tonight we rest; tomorrow we make America great again." - The Donald
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Persona6
12/09/17 1:00:27 PM
#175:


SomeLikeItHoth posted...
Just below 14k now. Thoughts? Should I wait a bit longer to buy?


I"m waiting until under 11k, the weekend almost always drops to being with as there is more selling than buying due to banks being closed and people not being able to transfer money to their exchanges. Wall Street must be dumping for futures hitting tomorrow hopefully that scares others as well over the next 24 hours
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BignutzisBack
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The_Juice_
12/09/17 1:01:57 PM
#176:


SomeLikeItHoth posted...
Just below 14k now. Thoughts? Should I wait a bit longer to buy?


Depends what your goal is. Are you quick trading or trying to buy in for the long haul?

SomeLikeItHoth posted...
Ballstopshere posted...
where can you buy the other coins with credit/cash like on coinbase?


Coinbase is the main place that lets you do this, hence its popularity. It's also the safest; which is why most people are probably going to recommend buying BTC on base and then transferring that BTC to something like bittrex for alt trading. The fees suck but they suck less than compromising anything you're doing.
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SomeLikeItHoth
12/09/17 1:07:39 PM
#177:


Is Bittrex an app?

And I'm in it for the long haul.
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clearaflagrantj
12/09/17 1:08:29 PM
#178:


CBOE futures for Bitcoin start tomorrow, if you're looking to get into BTC I'd suggest going half in now and half in after depending on what happens
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clearaflagrantj
12/09/17 1:08:58 PM
#179:


SomeLikeItHoth posted...
Is Bittrex an app?

And I'm in it for the long haul.

It's an exchange where you can trade BTC for altcoins
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iamintents
12/09/17 1:12:54 PM
#180:


bittrex got hacked. no coins but apparently peoples passport data was stolen
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Ballstopshere
12/09/17 1:17:04 PM
#181:


The crash is upon us

We didn't listen!
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clearaflagrantj
12/09/17 1:24:52 PM
#182:


iamintents posted...
bittrex got hacked. no coins but apparently peoples passport data was stolen

I literally just verified my ID there, God damn it
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Ballstopshere
12/09/17 1:29:21 PM
#183:


Alt coins seem just too risky
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iamintents
12/09/17 1:30:16 PM
#184:


clearaflagrantj posted...
iamintents posted...
bittrex got hacked. no coins but apparently peoples passport data was stolen

I literally just verified my ID there, God damn it

yeah they have my drivers license i think.

not sure what russian hackers can do with it.
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clearaflagrantj
12/09/17 1:31:33 PM
#185:


Ballstopshere posted...
Alt coins seem just too risky

Most of them are garbage but there are plenty of amazing coins with great uses and low marketcaps. Walton, IOTA, Neo, REQ, RaiBlocks, BAT, Monero, these coins are the future. It seems absurd that Eth exploded from $7 to $500 in a year, but we're going to see the same thing happen with a lot of new coins.
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clearaflagrantj
12/09/17 1:32:19 PM
#186:


iamintents posted...
clearaflagrantj posted...
iamintents posted...
bittrex got hacked. no coins but apparently peoples passport data was stolen

I literally just verified my ID there, God damn it

yeah they have my drivers license i think.

not sure what russian hackers can do with it.

I've become desensitized after the Equifax hack anyway, the Internet has everything but my God damn birth certificate at this point
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GoriIIa
12/09/17 4:36:54 PM
#187:


I keep hearing about Dec 10th and it being crazy.
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SomeLikeItHoth
12/09/17 4:41:11 PM
#188:


GoriIIa posted...
I keep hearing about Dec 10th and it being crazy.

I haven't heard anything lol.
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GoriIIa
12/09/17 5:16:42 PM
#189:


SomeLikeItHoth posted...
GoriIIa posted...
I keep hearing about Dec 10th and it being crazy.

I haven't heard anything lol.


Something something CBOE

Something something brokers will allow bidding against BTC and will make the price adjust

Im talking out my ass, but it came up oj my feed a bunch
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f*** dean spanos
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clearaflagrantj
12/09/17 6:03:46 PM
#190:


GoriIIa posted...
SomeLikeItHoth posted...
GoriIIa posted...
I keep hearing about Dec 10th and it being crazy.

I haven't heard anything lol.


Something something CBOE

Something something brokers will allow bidding against BTC and will make the price adjust

Im talking out my ass, but it came up oj my feed a bunch

Futures market opens, institutional investors can make longs or short in the price of BTC, so they won't be buying or selling BTC directly but just speculating on the price.

Some people think that institutional investors have recently bought a lot of bitcoin so that they'll be able to open shorts then sell off their massive amount of btc to crash the price, but I think that's a pretty foolish plan, I don't know why anyone would bet against the price of bitcoin.
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samurai bandit
12/09/17 7:00:33 PM
#191:


Does anyone knows any good and secure app to track crypto prices? For both main coins and alt coins
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KainWind
12/09/17 7:01:35 PM
#192:


samurai bandit posted...
Does anyone knows any good and secure app to track crypto prices? For both main coins and alt coins

I just look at the Binance app for the alt coins. I've never logged into it.
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GoriIIa
12/09/17 7:16:34 PM
#193:


clearaflagrantj posted...
GoriIIa posted...
SomeLikeItHoth posted...
GoriIIa posted...
I keep hearing about Dec 10th and it being crazy.

I haven't heard anything lol.


Something something CBOE

Something something brokers will allow bidding against BTC and will make the price adjust

Im talking out my ass, but it came up oj my feed a bunch

Futures market opens, institutional investors can make longs or short in the price of BTC, so they won't be buying or selling BTC directly but just speculating on the price.

Some people think that institutional investors have recently bought a lot of bitcoin so that they'll be able to open shorts then sell off their massive amount of btc to crash the price, but I think that's a pretty foolish plan, I don't know why anyone would bet against the price of bitcoin.


Ahhhh, I see. That clears things up, thanks!

Maybe they want another coin to succeed?
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Ballstopshere
12/09/17 8:05:06 PM
#194:


errrrthang comin down right now
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Persona6
12/09/17 8:07:34 PM
#195:


Ballstopshere posted...
errrrthang comin down right now


Yes please
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BignutzisBack
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BlazinBlue88
12/09/17 8:17:00 PM
#196:


samurai bandit posted...
Does anyone knows any good and secure app to track crypto prices? For both main coins and alt coins

I use an app for iPhone called HODL. Very simple app that gives charts, news, and tweeting info. Not sure either there's anything better but it works for what I want.
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FightingGames
12/09/17 9:41:32 PM
#197:


samurai bandit posted...
Does anyone knows any good and secure app to track crypto prices? For both main coins and alt coins

delta
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iamintents
12/09/17 11:10:45 PM
#198:


damn everything droped
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clearaflagrantj
12/09/17 11:19:31 PM
#199:


iamintents posted...
damn everything droped

Yup, to all the newcomers welcome to the fucking show
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samurai bandit
12/09/17 11:29:44 PM
#200:


clearaflagrantj posted...
iamintents posted...
damn everything droped

Yup, to all the newcomers welcome to the fucking show


Thats sadly me. Literaly started this morning... I wouldn't have expected anything less
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clearaflagrantj
12/09/17 11:50:06 PM
#201:


I'm making a prediction: the FUD that institutional investors will sell a buttload of Bitcoin and short the futures market opening tomorrow will not happen. A 500K btc is a foregone conclusion, every moron that shorts btc will get burned, all that will happen is that more people will see more money moving into bitcoin. This will lead to beginning of the mass hysteria into cryptos.

This 13K coin is going to be a fucking bargain soon enough. A year from now people will be kicking themselves in the ass wondering why they didn't buy in when it was so cheap.
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