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Posted on 1/16/18 at 4:50 pm to ParkerTiger7
I doubled up my XLM when it hit .31. I'm already liking my decision.
Posted on 1/16/18 at 4:50 pm to TigeRoots
Fair enough. Thanks for the quick response
Posted on 1/16/18 at 4:51 pm to HYDRebs
quote:
Bought some ether at $875 and might try selling already since it just broke over $1000
If you were looking to get out with 13%, you made a mistake going into crypto.
Posted on 1/16/18 at 4:51 pm to HYDRebs
(no message)
This post was edited on 8/6/18 at 7:04 am
Posted on 1/16/18 at 4:52 pm to Clint Torres
I'm wondering if Asia woke up and said "awesome, eth sale" 
Posted on 1/16/18 at 4:58 pm to TheSexecutioner
quote:
If you were looking to get out with 13%, you made a mistake going into crypto.
That's bad advice. There is nothing ever wrong with taking profits. Everyone has a different level of what they are comfortable with.
There's a quote out there that says "I made millions selling low" or something to that degree and it basically means the guy didn't get greedy and took what profits he felt comfortable with time and time again and made a shite load of money doing so. It's just like people not leaving the casino when they are up.
Do what you want to do but lol at saying it's bad to run with 13% profits.
Posted on 1/16/18 at 4:59 pm to TigeRoots
quote:
Thanks Russian. Isn't that Ponzi-ish?
In light of recent events, I'm actually ecstatic it hasn't gone through yet as I haven't bought any Crypto since June as I mentioned and would have dove right back in. Got caught up in FOMO.
Russian is wrong. You need to read the instructions for depositing money into coinbase and gdax. Furthermore you get an email with estimated wait times. The bottom line is on average it takes 7-10 business days for your money to hit the exchange, doesn’t matter if the price is falling or mooning.
This post was edited on 1/16/18 at 5:01 pm
Posted on 1/16/18 at 5:01 pm to TigeRoots
quote:
Thanks Russian. Isn't that Ponzi-ish?
He wouldn't have suggested it otherwise.
Posted on 1/16/18 at 5:03 pm to 13SaintTiger
This^. Took me ten days last month for it to show up. Cleared the bank but didn't show up on coinbase until ten days
Posted on 1/16/18 at 5:05 pm to LSURussian
quote:
And hundreds of Russian banks failed during the 1998 Russian banking crisis.
So what coin should I buy?
DIME??
Posted on 1/16/18 at 5:07 pm to Ron Cheramie
Market Cap back above 500M
Posted on 1/16/18 at 5:09 pm to 13SaintTiger
quote:Then that's a shitty business practice. That means they are using customer's money routinely interest free. Banks in the U.S. get criticized if they put a three day hold on a customer's deposit.
average it takes 7-10 business days for your money to hit the exchange,
Posted on 1/16/18 at 5:10 pm to TheSexecutioner
quote:
If you were looking to get out with 13%, you made a mistake going into crypto.
I'll take a realized gain anyday of the week.
Posted on 1/16/18 at 5:12 pm to LSURussian
quote:
Then that's a shitty business practice. That means they are using customer's money routinely interest free. Banks in the U.S. get criticized if they put a three day hold on a customer's deposit.
It is absolutely garbage. But they're one of the only games in town as far as a "reliable" fiat to crypto exchange is concerned.
Posted on 1/16/18 at 5:15 pm to LSURussian
quote:
Banks in the U.S. get criticized if they put a three day hold on a customer's deposit.
Coinbase isn’t a bank, it’s an exchange medium. You’re buying something and the price you buy a coin at is locked in the minute you confirm the purchase. Crypto wasn’t meant to be a pump and dump intially so this anger from waiting is quite recent. And yea the banks get criticized, shite still happens though.
This post was edited on 1/16/18 at 5:16 pm
Posted on 1/16/18 at 5:17 pm to Tiguar
A quick observation -
Eth was at 1400 when the market cap was at its peak at 768b.
Eth dropped to 850 when the market cap dropped to 450 - over 300b drop caused a $550/ether swing - a ratio of 0.54.
The cap went to 510m and eth is back up to 1k - a ratio of 0.4. Really shoddy math but implies the correction took money out of shitcoins and is being put back into ether.
Eth was at 1400 when the market cap was at its peak at 768b.
Eth dropped to 850 when the market cap dropped to 450 - over 300b drop caused a $550/ether swing - a ratio of 0.54.
The cap went to 510m and eth is back up to 1k - a ratio of 0.4. Really shoddy math but implies the correction took money out of shitcoins and is being put back into ether.
Posted on 1/16/18 at 5:21 pm to 13SaintTiger
quote:That doesn't mean it isn't shitty to use a customer's money for up to 10 days without paying some interest on the deposited funds.
Coinbase isn’t a bank, it’s an exchange medium.
Why do you think the coin exchanges can get away with doing that? Are their systems so poor they can't have the customer's cash available within 2 business days like U.S. brokerage companies now do?
Posted on 1/16/18 at 5:22 pm to LSURussian
Why are you in here posting on the crypto thread?
Posted on 1/16/18 at 5:23 pm to Ron Cheramie
Is it a member's only thread?
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