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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?

Always love to bounce this kind of stuff off the Planet. Have any of you done any research into Bitcoin, and if you hold any opinions on the concept I'd love to hear what you think.





Last edited by ChiefRocka; 07-16-2017 at 05:12 PM..
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Old 01-19-2018, 06:52 PM   #1321
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VEN - VeChain
I've been in on VEN for a few weeks now - it's done well for me. Definitely wish I'd bought more.
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Old 01-20-2018, 09:01 AM   #1322
BossChief BossChief is offline
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Keep an eye on the market over the next couple days. Cointelegraph is sayingvyhey expect another round of selling when bitcoin gets to 13200 levels and to drop to similar levels as the last drop. Possibly further. Huge opportunity to increase holdings if timed correctly.

They nailed the last drop and anyone that followed their recommendations increased their holdings quite a bit.
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Old 01-20-2018, 09:48 AM   #1323
Hog's Gone Fishin Hog's Gone Fishin is offline
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I hope it goes to 15000 and drags GBTC with it. I can't wait for the big split Monday!!!!!!
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Old 01-20-2018, 09:56 AM   #1324
Rausch Rausch is offline
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You guys sure have alot of gumption and no fear to dick with those exchanges. I only have about $6,500 on exchanges and I'm still scared. Those ****ers get hacked all the time, can go under without any warning, some of the more shady ones have even just stole peoples money.
John McAfee admitted his own phone was full of apps that leached from his transactions (take his opinions for what they're worth.) There's a vid out there where he states his new phone idea was based off how he was pissed after finding out he'd lost 10's of thousands in bitcoin transactions...
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Old 01-20-2018, 11:56 AM   #1325
suzzer99 suzzer99 is offline
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John McAfee also pays prostitutes to poop in his mouth. So there's that.

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Old 01-20-2018, 03:21 PM   #1326
Demonpenz Demonpenz is offline
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My mind always wants to pull out the money because I am not patient. It definately cultivates the skill of patience.
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Old 01-22-2018, 09:58 AM   #1327
Shaid Shaid is offline
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Looks like a bit of a crash this morning. I bought into Eth at 1020 planning to ride it up to around 1080 and bank a little profit. Saw it drop to 1000 and a wall beginning to form so I jumped out. Looks like it's about to drop below 950. Timing the jump back in point is always the hard part.
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Old 01-23-2018, 01:54 PM   #1328
Hog's Gone Fishin Hog's Gone Fishin is offline
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Has anyone here tried using CryptoHopper. It sounds like you just assign you account to it and it daytrades your Crypto using buy/sell signals .
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Old 01-23-2018, 01:57 PM   #1329
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Originally Posted by Shaid View Post
Looks like a bit of a crash this morning. I bought into Eth at 1020 planning to ride it up to around 1080 and bank a little profit. Saw it drop to 1000 and a wall beginning to form so I jumped out. Looks like it's about to drop below 950. Timing the jump back in point is always the hard part.
This shit is WAY to volatile for my aging ass.
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Old 01-23-2018, 02:04 PM   #1330
Hog's Gone Fishin Hog's Gone Fishin is offline
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Quote:
Originally Posted by Shaid View Post
Looks like a bit of a crash this morning. I bought into Eth at 1020 planning to ride it up to around 1080 and bank a little profit. Saw it drop to 1000 and a wall beginning to form so I jumped out. Looks like it's about to drop below 950. Timing the jump back in point is always the hard part.
Buying high and selling low is a common strategy used. I think it fools the people making profits into thinking they're doing something wrong.
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Old 01-23-2018, 02:21 PM   #1331
MahiMike MahiMike is offline
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The current trend has to do with the new futures. Hold on. It will pick up soon.

https://youtu.be/AlTia_WueSY
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Old 01-23-2018, 06:34 PM   #1332
Demonpenz Demonpenz is offline
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still holding pretty well no emotion as the shit has been down so much no longer hurts to look at. Especially I am not going to take it out until it game changes something in my life. Paying off my car - new suit new something.
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Old 01-23-2018, 07:25 PM   #1333
Shaid Shaid is offline
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Quote:
Originally Posted by MahiMike View Post
The current trend has to do with the new futures. Hold on. It will pick up soon.

https://youtu.be/AlTia_WueSY
Yeah, I think this is very valid. I've seen a very interesting wall in place in Eth the past few days at the 1040 range. I think really attempting to keep it down in a short position. I feel like they'll try and drive it down a bit more until 1/26 when they can cash in on their short futures and then we'll start to see the rise again.
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Old 01-23-2018, 07:42 PM   #1334
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Is something called 'tether' being used to prop up bitcoin while sharps bail? https://tonyarcieri.com/the-tether-conundrum

Interesting read. It's hard for me to imagine that a) they really have $1.7B in hard cash reserves and b) that anyone would invest money in a blockchain vehicle whose value is tied to the USD, when they could just own USD. Smells very ponzi-ish, and that ponzi could be what's propping up BTC at $10-$11k.
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Old 01-23-2018, 10:05 PM   #1335
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When everyone is crowing about how much money they are making, you are dealing with a bubble. My guess is that the only people who will end up making any substantial real-world money on this have already sold.
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