Domain: tiger-web1.srvr.media3.us Official CryptoTalk Thread | Page 614 | Money Talk
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re: Official CryptoTalk Thread

Posted on 1/17/18 at 4:00 pm to
Posted by Clint Torres
Member since Oct 2011
2839 posts
Posted on 1/17/18 at 4:00 pm to
As BTC goes, everything follows right now.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 1/17/18 at 4:00 pm to
Ok so whatever "market" tab you have open is what youre going to either buy with or sell into.

Example: I click "ETH markets" tab and click ZRX. "Buy" means I will buy ZRX using ETH, "Sell" means I will sell ZRX and receive ETH.

So you want to click USDT markets, click ETH or whatever you want, click "buy". Then use that coin to buy ZRX.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 1/17/18 at 4:02 pm to
quote:

As BTC goes, everything follows right now.



That is not entirely true. BTC is fluctating like everything else but its market share has gone between 37% and now is down to 34.9%. ETH is currently up 2.4% vs BTC after being down as much as 8% vs BTC
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 1/17/18 at 4:06 pm to
The 1h and 6h graphs on ETH price vs USD suggest this might actually be a turn around. We will see.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 1/17/18 at 4:21 pm to
Looks like we couldnt get through the resistance in 1080.

The volatility is unreal. Fluctating up to 1085 after dropping below our 800 support walls. Some people are making absolute killings riding these waves. I wish I had liquid eth right now to be doing that.
Posted by Codythetiger
Arkansas
Member since Nov 2006
30353 posts
Posted on 1/17/18 at 4:39 pm to
stella ella eh is trending back up

look at how much has been pumped into the market the past 24 hours
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5615 posts
Posted on 1/17/18 at 4:48 pm to
I've learned a bunch this last month/week/day. I was up a bunch two weeks ago and didn't take any $ out. Wanted to let it ride. Won't do that again will take some gains next time
Posted by Codythetiger
Arkansas
Member since Nov 2006
30353 posts
Posted on 1/17/18 at 4:55 pm to
why?

Be patient - I've seen that coin his 88 cents... Stellar has half the coins of ripple and a ton of use - this could be a better hold IMHO, unless you're trying to make profits and split
Posted by stout
Porte du Lafitte
Member since Sep 2006
181129 posts
Posted on 1/17/18 at 5:00 pm to
quote:

Correction over?




One day of drops with an immediate rebound does not = a correction.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5615 posts
Posted on 1/17/18 at 5:01 pm to
Not on xlm just in general. I am hodl on stellar. Will sell some of it but not all
Posted by LZ83
La
Member since Sep 2016
17446 posts
Posted on 1/17/18 at 5:11 pm to
That’s why I put the ? Lol. Ive respected your opinion
This post was edited on 1/17/18 at 5:43 pm
Posted by bayoubengals88
LA
Member since Sep 2007
24001 posts
Posted on 1/17/18 at 5:26 pm to
I’m literally 100% XLM. Wasn’t worried when I saw 31 cents this morning...maybe if I had bought at .85 though.

I don’t believe in diversification. I believe in investing what you can afford to lose in a single company or crypto that you have heavily researched and believe in.

I also believe in never selling, only adding.
This post was edited on 1/17/18 at 5:27 pm
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78181 posts
Posted on 1/17/18 at 5:29 pm to
I’m high on XLM and GNT
Posted by stout
Porte du Lafitte
Member since Sep 2006
181129 posts
Posted on 1/17/18 at 5:32 pm to
quote:

opinion



It's not an opinion. What happened is not a market correction.

When a correction happens, it'll be worse, last longer, and a lot of the shite coins will disappear.
Posted by stout
Porte du Lafitte
Member since Sep 2006
181129 posts
Posted on 1/17/18 at 5:34 pm to
quote:

I’m high on XLM and GNT




<---- ICX
Posted by bayoubengals88
LA
Member since Sep 2007
24001 posts
Posted on 1/17/18 at 5:37 pm to
So what do you call it when a coin loses 50% of its value in 4-5 weeks?
Posted by LZ83
La
Member since Sep 2016
17446 posts
Posted on 1/17/18 at 5:40 pm to
I was trying to pay you a compliment, by saying I have respected your opinion throughout this thread, Now you’re just being a douche
This post was edited on 1/17/18 at 5:43 pm
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
70379 posts
Posted on 1/17/18 at 5:41 pm to
quote:

When a correction happens, it'll be worse, last longer, and a lot of the shite coins will disappear.


Sounds more like a recession.
Posted by stout
Porte du Lafitte
Member since Sep 2006
181129 posts
Posted on 1/17/18 at 5:50 pm to
We're talking whole market corrections and you want to talk one coin?

I know you know the answer to your question already and my rebuttal is that crypto in general is so volatile so that 50% swings aren't unusual. It's why you all are investing in crypto hoping for homeruns if that 50% swing is in your favor. Otherwise you all would be dumping money into the actual market.

Of course when that sort of drop happens to a single stock in the actual market it's because their value no longer supports their price. Look at Go Pro for a great example. 50% drop in 6 months and currently trading for $6 and change when two years ago they were in the mid $60s.

The issue with Crypto is everything is based on BTC instead of Fiat. BTC in itself is too volatile to base the rest of the markets on. Something more stable needs to emerge.

Again, an actual overall market correction will be much worse and will not rebound as fast as this seems to be doing.
Posted by stout
Porte du Lafitte
Member since Sep 2006
181129 posts
Posted on 1/17/18 at 5:50 pm to
quote:

Now you’re just being a douche



Sorry. Comes natural.
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