Bitcoin and other Cryptocurrencies v2
Bitcoin and other Cryptocurrencies v2
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Apr 4 2017, 04:50 PM
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#81
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1,865 posts Joined: Jun 2008 |
WTF......I just bought a stash of ETH yesterday, and promptly lost 10% of it in the last 24 hours...!!!
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Apr 4 2017, 11:45 PM
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#82
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1,865 posts Joined: Jun 2008 |
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Apr 5 2017, 09:54 AM
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#83
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QUOTE(kmarc @ Apr 5 2017, 06:51 AM) No la, was slowly channelling my bitcoins to altcoins. My strategy hardforked remember? Personally, I don't have any LTC, but I did hear that they are trying to push segwit on it soon as a test so they can prove it can run on bitcoin as well.Litecoin segwit up to 68%!!! Any expert on litecoin? What will happen to litecoin prices when segwit activates? If it works, then not only litecoin will see a jump in price, I have a feeling that bitcoin will rise as well. Damn......look at the spikes on HUC and QTL...... On second thought......you may be right. Maybe now is the time to transfer out the bitcoins and convert them into altcoins, while the bitcoin price is up and the altcoins prices are cheap. To be honest, my exposure in cryptocurrencies is probably too high. Due to the recent rise of ETH, my total holding in cryptocurrencies is now about 25% of my total investment nest egg. Scary...... This post has been edited by wengherng: Apr 5 2017, 10:06 AM |
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Apr 5 2017, 03:18 PM
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#84
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1,865 posts Joined: Jun 2008 |
QUOTE(kmarc @ Apr 5 2017, 01:03 PM) Ermmm... I hope you still keep some BTC. Who knows it might shoot up with news. I haven't done a precise calculation yet (too lazy) but I think my holding in BTC is somewhere around 30%.I'm not sure whether the trend will continue but every time BTC goes up, altcoins will get hit with deep nice discounts which later recovers slowly. Really good opportunity to either buy cheap or buy low sell high. Ya, me too. If there is opportunity, I want to increase mine to 15% of total. See how's the market. Nice. My highest XRP at 5 cents so no buying till over this price. My gut feeling is it may go higher but that's my gut only. Seems these days you can just buy any altcoin that has been in the deep red, and wait a couple of days for it to get double digit gains. Crazy......but it just might work. I think my XRP average is also around 5 cents, but since I don't really have much there, I can afford to wait for a while. To be honest, the prices of all these coins are changing so fast every day, that I have actually stopped keeping track of the price. |
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Apr 5 2017, 11:27 PM
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#85
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1,865 posts Joined: Jun 2008 |
QUOTE(kmarc @ Apr 5 2017, 07:59 PM) I have some litecoin. I don't know what will happen. Hoping it will go higher after successful activation. I don't have any litecoin yet, but seriously considering converting 1 BTC to it now.Damn......can't make up my mind...! By the way, for all those altcoins that are not supported by any hardware wallets......do you just leave them on the exchange? Sounds dangerous to me, but I do not know where else I can store them. |
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Apr 5 2017, 11:53 PM
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#86
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QUOTE(kmarc @ Apr 5 2017, 11:40 PM) I don't know. I'm thinking that if everybody can see LTC segwit reaching 75%, why isn't LTC still going up? Not too sure what will happen once segwit activates. Some whale may just be waiting to dump? But it IS going up.Yeah, no choice, have to leave them on Polo. I have transferred out most of my ETH and Dash though. My LTC still on loan so can't transfer out yet. I do hope Trezor will support altcoins once they become popular. After the sudden meteoric rise on 30th March, where it rationalised a little and came down, it's on a general upward trend over the past one week. It's going up, slowly but surely......the question is, for how long? |
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Apr 6 2017, 12:16 AM
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#87
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QUOTE(kmarc @ Apr 5 2017, 11:59 PM) I meant shoot much higher than a paltry 200% by cryptos' standard. I did see somebody in polo trollbox mentioned that Charlie Lee, whom I know nothing about, predicting USD 14 if segwit activates. Didn't bother to google that though. Dunno true or not. Well, apparently I'm an extremely late comer into LTC, just got in 2 minutes ago at around 0.008487 so I'm hoping it's not too late to jump on the bandwagon.Charles Lee is the founder of LTC; he developed LTC as a more lightweight and faster alternative to BTC, hence the name Litecoin. USD 14 isn't really that high, considering that the current price is already nearly USD 10. So, realistically speaking, I should be targeting only around 40% profit on this coin, I guess. |
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Apr 6 2017, 11:29 AM
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#88
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QUOTE(sirxl @ Apr 6 2017, 04:26 AM) I am doubtful that it would go back to those good old days, unfortunately.This is one of the coins that I do not see going to the moon (but I hope I am wrong). QUOTE(max_cavalera @ Apr 6 2017, 10:20 AM) Ltc going up until 13cents but currently retracement period a lil.... If you entered at 11 cents, you would have made over 100 times your original investment. I entered at 11cents.... Notice u giys put price comparison btc/ltc is it? Its kinda confusing to me so i compare it in USD tether mode Although I do not remember LTC ever going down to 11 cents before. I suppose you mean USD 11. |
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Apr 6 2017, 06:29 PM
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#89
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QUOTE(kmarc @ Apr 6 2017, 04:51 PM) Nobody can tell you that. The only thing is that ETH will probably power the internet in the future. Can read up more on ETH. Links in the front page. I think this is because we are now at the threshold of the dawning of a new era, where the global financial industry will be revolutionised by blockchain technology.On other news, Look at Bela. Belacam is coming out 12 April and I didn't even think it was that good. But looks like prices are going up because of that? Crazy cryptos but I also have some bela bought quite some time ago The general public has only really started to hear about cryptocurrencies mainly around the end of last year, when all the major financial news were reporting the astronomical gains of bitcoin, monero, etc. throughout 2016. We are definitely still in the very infancy stages of cryptocurrency adoption, globally speaking, so as fiat currency continues to pour into the cryptocurrency realm, there is a lot of speculation and pump/dump as the masses try to make sense of it all. At the present stage, I believe that no matter which cryptocurrency you buy, you will still see steady gains over the longer term (forget about the short spikes and dips). In fact, even if you split your investments up, and put 5% into each of the top 20 cryptocurrencies, I'm very sure you will still see spectacular growth throughout 2017 overall. |
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Apr 6 2017, 11:31 PM
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#90
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QUOTE(wiisg @ Apr 6 2017, 08:58 PM) I stopped keeping track of my profit/loss quite some time back.Too complicated to keep track especially when you have more than 3 or 4 different cryptos, and are regularly topping up. QUOTE(max_cavalera @ Apr 6 2017, 09:58 PM) That's not bad, congratulations.The price keeps teasing around USD 12, and I think one of the reasons it is being held back is due to the slowly increasing price of bitcoin. But I think once it surpasses USD 13, the dogs will be let loose and there will be a run up of a few dollars. Charlie said he expects around USD 14, but personally I am more optimistic that it would go to at least USD 17 before leveling off, once profit-taking starts and investors start cashing out. But......I've been known to be wrong on many occasions, so don't take my word for it. |
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Apr 7 2017, 01:50 PM
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#91
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1,865 posts Joined: Jun 2008 |
QUOTE(max_cavalera @ Apr 7 2017, 05:35 AM) Minor corrections are always expected when a coin goes up more than 10% suddenly, as profiteers start cashing out their profits.It has leveled off and started inching upwards again. QUOTE(kmarc @ Apr 7 2017, 06:55 AM) Bitcoin just have to sneeze and the rest falls. Damn, bitcoin is still strong!!! I had more than 1 bitcoin worth of LBC up to last month, when I decided that it wasn't doing anything and promptly sold it off at around 1580 satoshi. I'm still hoping BTC will drop but it looks like it doesn't want to..... Anyway, added my 31st coin today.... library credits. Why? No good reason, just always see it going up bit by bit and today all altcoins on firesale..... Looks like segwit LTC is going nowhere without adoption by another major miner group. A week after that it shot up to more than 7000 satoshi. QUOTE(Dead_Arrow @ Apr 7 2017, 01:19 PM) Never used XAPO before. Don't think LUNO supports paypal either. When I created my account there, I remember they only allowed me to choose from a list of local banks. |
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Apr 7 2017, 03:31 PM
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#92
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QUOTE(kmarc @ Apr 7 2017, 01:59 PM) So sad. Makes me more determined to just buy and leave it there. You know, just fire and forget, not to worry about little ups and down and see what happens after months/years. Of course, now I'm learning to trade a bit. SC bought at 52, sold at 59, then bought at 53, trying to sell at 60. Dash sold at 72, bought at 66 then sold at 69, waiting to buy back. Just a bit of fun at the sidelines You know......sometimes you see a gain in the altcoin, but because you are using altcoin/BTC as the basis, the gain could just be due to a drop in BTC, so you have to see whether the gain the the altcoin is higher than the percentage of drop in BTC, otherwise you are technically making a net loss.QUOTE(Dead_Arrow @ Apr 7 2017, 02:35 PM) Not sure, I've not done any such transactions to Paypal.But I know at least Coinbase is capable of sending funds directly to Paypal accounts, so I am sure there should be many other exchanges that can do that. |
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Apr 7 2017, 06:01 PM
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#93
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QUOTE(kmarc @ Apr 7 2017, 04:24 PM) Yeah, I know that, SC just playing minimally. So far so good. Dash I'm trading to USDT so not a problem. Yeah, I am judging my profit and loss by comparing with USDT whenever possible as well.Hmmm, looks like I have to get more Bitcoins tonight.... doesn't seem to want to come down.... And I am ALL in the red except bitcoin, damn it...... |
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Apr 7 2017, 08:53 PM
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#94
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1,865 posts Joined: Jun 2008 |
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Apr 8 2017, 01:43 AM
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#95
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Anyone here interested with the ICO of Humaniq?
Any thoughts or feedback? |
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Apr 8 2017, 03:21 PM
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#96
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QUOTE(kmarc @ Apr 8 2017, 12:33 PM) Yeah, not sure what happened but when I see historical charts on some coins, they just drop like a rock on introduction. That's true, look at ZCash, bloody hell......released at USD 9000, dropped to USD 26 within 3 months (that a net loss of 99.7% within 3 months...... ETH and I think, Ripple, is promising. Hope for the best! I really can't figure out why some do better than others......I guess it's really just a combination of marketing, a really revolutionary product, and purely being at the right place at the right time. QUOTE(fxbnu6262 @ Apr 8 2017, 01:33 PM) A quick search by my friend Google reveals that this is a known scam.https://bitcointalk.org/index.php?topic=1788826.0;all Seriously, you really think they will pay you USD 10 just for posting their URL? Which brings me to the next question......were you posting that question genuinely, or are you one of those who are actually posting their URL in forums to try and get that USD 10? QUOTE(archangel22 @ Apr 8 2017, 02:45 PM) Yea as weird as it sound, stalemate is prob better imo, one thing that everyone has to accept as it is for Bitcoin. BTC is teasing USD 1200...... once it stabilises here, the other altcoins will stabilise as well.Mybe we're in the period where bitcoin is 'magically' solving itself. I stopped trading alts for few days. Feels like a 'calm before storm' thingy. Who knows I've also stopped trading alts for the moment, but only because I've run out of money...... Damn it, the only coin that I am really making a net loss in, is XRP. |
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Apr 8 2017, 04:24 PM
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#97
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QUOTE(archangel22 @ Apr 8 2017, 03:58 PM) This might also be the reason. Shld prob start looking for other exchange. Why do you need to start looking for other exchanges?But im afraid any states auth will just implement the same rule. https://steemit.com/poloniex/@whatsup/polon...wa-accounts-usa » Click to show Spoiler - click again to hide... « Are you living in Washington state USA at the moment? |
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Apr 8 2017, 05:02 PM
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#98
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1,865 posts Joined: Jun 2008 |
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Apr 9 2017, 03:50 PM
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#99
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QUOTE(chonghe @ Apr 8 2017, 11:26 PM) No, it's not a Poloniex problem.It's a state legislation by the Washington state authorities. QUOTE(sirxl @ Apr 9 2017, 07:21 AM) I do hear about them now and then, but have never personally used them. |
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Apr 10 2017, 12:03 AM
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#100
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QUOTE(kmarc @ Apr 9 2017, 08:14 PM) So boring. At least decred going up a bit. Bought anything lately? Up 300%...?! Nice...!I nibble a bit of bela on the dip but I'm already up 300% so still have some cushion should it drop. Unfortunately for me, I am also totally out of bullets, so no more buying for a while...... |
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