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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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Old 07-02-2018, 06:41 PM   #1531
lewdog lewdog is offline
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800 Bitcoins hit the bottom. Decline was 15x faster than the dot com crash of 2000.

Buy the dip?

https://www.investopedia.com/news/cr..._medium=social
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Old 07-02-2018, 06:47 PM   #1532
BWillie BWillie is offline
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Originally Posted by lewdog View Post
800 Bitcoins hit the bottom. Decline was 15x faster than the dot com crash of 2000.

Buy the dip?

https://www.investopedia.com/news/cr..._medium=social
I bought the dip at $1100.
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Old 07-02-2018, 07:07 PM   #1533
ghak99 ghak99 is offline
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I bought the dip at $1100.
Better hit it again to dollar down the average.
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Old 07-02-2018, 07:57 PM   #1534
Jewish Rabbi Jewish Rabbi is offline
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Originally Posted by lewdog View Post
800 Bitcoins hit the bottom. Decline was 15x faster than the dot com crash of 2000.

Buy the dip?

https://www.investopedia.com/news/cr..._medium=social
800 Bitcoins hit the bottom... What does that even mean?
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Old 07-02-2018, 07:59 PM   #1535
lewdog lewdog is offline
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800 Bitcoins hit the bottom... What does that even mean?
Honestly that confused me too.

But I don't know enough about it to figure it out. Care to explain? Maybe I meant crypocurrencies not Bitcoins.....oops.
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Old 07-02-2018, 08:10 PM   #1536
Jewish Rabbi Jewish Rabbi is offline
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Honestly that confused me too.

But I don't know enough about it to figure it out. Care to explain? Maybe I meant crypocurrencies not Bitcoins.....oops.
You did.

This thing is still in its infancy, a lot of misinformation out there. There have been scamcoins and shitcoins from the beginning to try to take advantage of uninformed investors. Just because those scams are collapsing doesn’t mean crypto is dead; but that’s the better headline since apparently good journalism is.

Most people in the crypto space didn’t expect that huge spike last year and aren’t concerned about the correction this year as that kind of growth was unsustainable. The majority of naysayers are completely uninformed and take pot shots at something they don’t understand. Bitcoin is fine. Naysayers just want to look at decline from December 17th and not the fact that Bitcoin is worth 3x what it was a year ago. Not a bad ROI.
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Old 07-02-2018, 08:17 PM   #1537
lewdog lewdog is offline
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You did.

This thing is still in its infancy, a lot of misinformation out there. There have been scamcoins and shitcoins from the beginning to try to take advantage of uninformed investors. Just because those scams are collapsing doesn’t mean crypto is dead; but that’s the better headline since apparently good journalism is.

Most people in the crypto space didn’t expect that huge spike last year and aren’t concerned about the correction this year as that kind of growth was unsustainable. The majority of naysayers are completely uninformed and take pot shots at something they don’t understand. Bitcoin is fine. Naysayers just want to look at decline from December 17th and not the fact that Bitcoin is worth 3x what it was a year ago. Not a bad ROI.
Basically if you got in on ground floor, you're probably fine? Sounds like you did so good for you.

However, if you're like many in this thread who got in late claiming "absolute gains," you're probably still very behind.

And for the record, put your money in something that makes money. Bitcoin and Crypo was/is just that if you timed it right. The stock market is risky too, no doubt about it.
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Old 07-02-2018, 08:21 PM   #1538
Jewish Rabbi Jewish Rabbi is offline
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Originally Posted by lewdog View Post
Basically if you got in on ground floor, you're probably fine? Sounds like you did so good for you.

However, if you're like many in this thread who got in late claiming "absolute gains," you're probably still very behind.

And for the record, put your money in something that makes money. Bitcoin and Crypo was/is just that if you timed it right. The stock market is risky too, no doubt about it.
Absolutely. I’m sure I have a different view than others because I am still very much in the black on my investments.
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Old 07-02-2018, 08:31 PM   #1539
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Absolutely. I’m sure I have a different view than others because I am still very much in the black on my investments.
Can we tempt BossChief to make an appearance............
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Old 07-02-2018, 08:45 PM   #1540
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Can we tempt BossChief to make an appearance............
I’m sure he bought at the exact bottom and sold at the exact top like he’s done the rest of this thread.

Taco is MIA too. Weird.
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Old 07-02-2018, 08:52 PM   #1541
lewdog lewdog is offline
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I’m sure he bought at the exact bottom and sold at the exact top like he’s done the rest of this thread.

Taco is MIA too. Weird.
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Old 07-02-2018, 09:05 PM   #1542
Eleazar Eleazar is offline
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Better hit it again to dollar down the average.
There's a point where buying more of a declining investment doesn't make sense anymore...
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Old 07-02-2018, 09:33 PM   #1543
ghak99 ghak99 is offline
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There's a point where buying more of a declining investment doesn't make sense anymore...
Wimp.
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Old 07-02-2018, 09:46 PM   #1544
BryanBusby BryanBusby is offline
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Most people in the crypto space didn’t expect that huge spike last year and aren’t concerned about the correction this year as that kind of growth was unsustainable. The majority of naysayers are completely uninformed and take pot shots at something they don’t understand. Bitcoin is fine. Naysayers just want to look at decline from December 17th and not the fact that Bitcoin is worth 3x what it was a year ago. Not a bad ROI.
I'll take the cheese.

So what is it about buttcoins that I don't understand? What actual practical use does it have? Besides buying drugs on the internet and money laundering.

I don't see a realistic use of a currency that can bounce 5-10% in its worth on a day to day basis because one person cashed in their buttcoins to purchase a real doll.

There's no practical use for them and it doesn't seem very secure, either. If your buttcoin exchange gets hacked by Putin, you're ****ed. If they decide to just take the coins and make up a story about being hacked by Putin, you're ****ed.

Lucking into a small profit during pump and dump doesn't make it legit. Although suckering infowars visitors out of serious money will never not be amusing.
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Old 07-02-2018, 09:55 PM   #1545
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Luckily, I sold half my holdings on January 12th when it was 1258 per coin and then pulled my original investment out when it got down to 933 on feb 2.

I’ve turned the rest of the profit that I’ve kept in GDAX from 8.5 ether coins to 11.27 currently hoping I can make that 14 or 15 and that it will recover to 7-900 by July.
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Back up to 755 for Ethereum...got up to 830 or so a couple days ago and it’s correcting right now.

Had my coins up to about 13.5 and then missed on a trade and didn’t realize it for a couple days which brought me back down to almost where I started when I posted this. Still almost 12 Ethereums worth of straight profit. Not bad.

Hopefully it keeps riding the momentum all the way back to 1500.
I’ve been just playing with house money the last few months and have bought and sold it based on coin telegraphs recommendations and am at 12.525 Ethereum after pulling out all of my original investment amount at the beginning of the year.

I can provide screenshots, if you don’t believe me. Here’s the screenshot showing my last sell transaction on Coinbase when I took out my profit before moving the rest to GDAX to play around with...

I’ve bought at peaks and sold at valleys more than once, but I’ve also done the opposite many times as well. I’m not a HODL guy, I buy and sell based on recomendations by a guy that has made me a bunch of fun money. If I has listened more and not been so emotional with some of my moves, I’d easily have 20 ethers of profit right now...but I like to take risks.
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