Litecoin rush right now. Pivx recovering after some problems implementing zerocoin protocol. I have the next most of those coins as far as amount of coins. Need to get more Ethereum, I think. [Reply]
Jesus christ why do i do anything other than throw down money on crypto. Im getting nervous a bunch of assholes are pumping this up and manipulating the market. The transaction fees are so high right now [Reply]
Originally Posted by BWillie:
Jesus christ why do i do anything other than throw down money on crypto. Im getting nervous a bunch of assholes are pumping this up and manipulating the market. The transaction fees are so high right now
I wouldn't worry too much, especially if you have ethereum. It has been a somewhat healthy growth and been pumped by big news not just random. I think bitcoin has pumped up so much because its all over the news and the average person that would have never knew about this knows about this now and is investing money into it. [Reply]
Originally Posted by BWillie:
Jesus christ why do i do anything other than throw down money on crypto. Im getting nervous a bunch of assholes are pumping this up and manipulating the market. The transaction fees are so high right now
When you have 900 people holding the majority of bitcoins and no rules against colluding to drive the price up, its a valid concern. [Reply]
Originally Posted by TambaBerry:
lol continue to hate on progress, you were probably one of the people who were like wait the internet wait until that flops
True story. I was still working doing desktop support and I tried to convince my wife to buy some .com domains. At the time it was not settled that .com was going to be the most popular domain. It cost $75 to own one back then. There were still major domains left. NY, San Fran, pretty much every major city .com. Furniture.com ended up selling for $3 million etc.
We still didn't have much money and had debt from school. I really want to spend $1000 and buy these domains. She shot it down. I give her shit about it all the time. [Reply]
Originally Posted by BigRedChief:
When you have 900 people holding the majority of bitcoins and no rules against colluding to drive the price up, its a valid concern.
Where do you get that info? I know the Winklevoss twins have a ton, but I haven’t ever seen any data to back up your claim. [Reply]
Originally Posted by Jewish Rabbi:
Where do you get that info? I know the Winklevoss twins have a ton, but I haven’t ever seen any data to back up your claim.
google it yourself. Geeezz. 4% of owners own 95% of bitcoin.
Originally Posted by BigRedChief:
When you have 900 people holding the majority of bitcoins and no rules against colluding to drive the price up, its a valid concern.
Originally Posted by BossChief:
This has been a huge bull run that I’m sure is close to due for a market correction.
I’m thinking about gambling a bit once Bitcoin gets to 10,000 today or tomorrow and sell it off in anticipation of a consolidation which will present a nice buying opportunity to get more bitcoin for the same dollar. Sell high buy low.
Risky, but this whole thing is risky.
iwas close to winning this one, but I broke even.
Coinbase screwed me hard today.
Once I could tell bitcoin had crazy momentum after smashing through the 10k barrier, I went back to the coin telegraph analysis from nov 21 saying Bitcoin would breakout to 11k if it had momentum after breaking the 10k barrier.
This morning, bitcoin got to 11250 and I went to sell it all and their site had crazy issues for an hour or 2 where I saw the correction start and I got to work and got busy and didn’t get a chance to check it till the damage was done.
I even had a trigger set in place for when it got down to 9000 to rebuy.
I was prepped and ready to go and had the prices almost pegged exactly.
Sell at 11250 buy at 9000
And since the dip it’s risen back up to almost 11000 again.
That should have been a 4K move for each coin.
This isn’t the first time coinbase “had issues” during times of high volitioity. [Reply]
