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Started By
Message
re: Official CryptoTalk Thread
Posted on 1/17/18 at 11:06 am to OleWarSkuleAlum
Posted on 1/17/18 at 11:06 am to OleWarSkuleAlum
0
Posted on 1/17/18 at 11:08 am to CE Tiger
quote:
Good god I’m glad we let this thread die considering old war skule is providing the crypto advice
He isn't really saying anything too outlandish other than the conspiracy stuff.
Telling people to buy Eth instead of BTC isn't exactly revolutionary at this point.
eta: well and the ETH being 6-10k thing.
I think 5k is the upperlimit for EOY with it more likely being 2-3k.
This post was edited on 1/17/18 at 11:11 am
Posted on 1/17/18 at 11:15 am to Tiguar
quote:
eta: well and the ETH being 6-10k thing.
Posted on 1/17/18 at 11:16 am to OleWarSkuleAlum
I dont think the market cap is going to go much above 1T this year but I could be wrong. Hope I am.
Posted on 1/17/18 at 11:18 am to Tiguar
Anybody know what the ATH 24 hour volume is for ETH? Approaching 1M.
Posted on 1/17/18 at 11:26 am to OleWarSkuleAlum
What's the link to that gif I need to send it to some people
Posted on 1/17/18 at 12:16 pm to OleWarSkuleAlum
Rumor on Twitter is that BTC futures contracts expire today at 4pm ET and that traders are shorting to hedge their long futures exposure.
Posted on 1/17/18 at 12:40 pm to OleWarSkuleAlum
quote:
and that traders are shorting to hedge their long futures exposure.
That's common practice, though. I wouldn't read much into it.
This post was edited on 1/17/18 at 12:41 pm
Posted on 1/17/18 at 12:41 pm to OleWarSkuleAlum
Charlie Lee, Litecoin founder for those unfamiliar, warned of today’s frickery on 1/1 because of those expiring contracts:
Tweet
Tweet
Posted on 1/17/18 at 12:44 pm to stout
I’m curious to see what the market does in about 3-4hrs when the Koreans and Chinese wake up.
Posted on 1/17/18 at 12:47 pm to OleWarSkuleAlum
Asians love their crypto. I'd imagine they are accumulating a shite ton here while everyone else panics
Posted on 1/17/18 at 12:48 pm to maclauer
I bought 6 shares of GBTC at $1474 a pop this morning. It's currently trading at $1550 so I am up already a little but if there is a crypto rebound I should be sitting pretty good. It trades consistently $2K+ and hit an ATH of $3200 in December. Don't need that much of a bump, though and I will be happy.
If it tanks, I have a stop limit set so I won't bleed too much.
If it tanks, I have a stop limit set so I won't bleed too much.
This post was edited on 1/17/18 at 1:12 pm
Posted on 1/17/18 at 1:14 pm to OleWarSkuleAlum
quote:
I’m curious to see what the market does in about 3-4hrs when the Koreans and Chinese wake up.
We saw a decent rally at around 1630 cst yesterday that pushed eth almost back to 1100.
Will be interesting.
Posted on 1/17/18 at 1:23 pm to Tiguar
Anyone else still in LTC? I sold mine off, but $150 intrigues me as a entry price.
I assume most here think LTC is as dead as BTC, or at least on that same trajectory.
I assume most here think LTC is as dead as BTC, or at least on that same trajectory.
Posted on 1/17/18 at 1:30 pm to GRTiger
quote:
I assume most here think LTC is as dead as BTC, or at least on that same trajectory.
LTC isn’t dead. LTC has a really solid team behind it. They developed the lightning network that BTC will adopt. If you can’t handle the pompousness and brazen personality of Charlie Lee, I’d suggest you not get in though.
Posted on 1/17/18 at 1:38 pm to 13SaintTiger
quote:
Charlie Lee
I like that guy. He's reasonable
Anyhoo...
Posted on 1/17/18 at 1:49 pm to stout
quote:
I like that guy. He's reasonable
Exactly. He is not compatible with uneducated and irrational investors. My biggest draw to him is I geniunely believe he is in it for the global adoption of cryptocurrency and not in it just to make bank. He doesn’t shill his coin or oversell it. If people invest then good, if not he still is working towards globalizing it, even if that’s a far fetched reality to most people.
Posted on 1/17/18 at 1:51 pm to stout
quote:
bought 6 shares of GBTC at $1474 a pop this morning. It's currently trading at $1550 so I am up already a little but if there is a crypto rebound I should be sitting pretty good. It trades consistently $2K+ and hit an ATH of $3200 in December. Don't need that much of a bump, though and I will be happy.
If it tanks, I have a stop limit set so I won't bleed too much.
Wouldn’t hold on to this one very long. I trade it on occasion, but it trades at a huge premium of its NAV. I only swing trade that one on BTC momentum. It’s easier exhange and tax wise, IMO
Posted on 1/17/18 at 1:53 pm to southernelite
Yea I know. It's a 100% short term. Only bought because of the dump and mad I missed the bottom on it, but I am sitting good on it for now.
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