crypto currency discussion

[Bluehorseshoe]

This should be a telling overnight.

[Outsider626]

This should be a telling overnight.

No sleep till the morning. Either it's gonna crush further or rebound big time.

[Bluehorseshoe]

No sleep till the morning. Either it's gonna crush further or rebound big time.

[homerbush]

This shit isn't complicated I posted here ripple would be under $1 soon and bitcoin would be in the 8-9K range. Don't believe me search it.

[Goat Milk]

This shit isn't complicated I posted here ripple would be under $1 soon and bitcoin would be in the 8-9K range. Don't believe me search it.

any reasoning for why you thought that?

I think Ripple is still a hold because of all these ppl they're teaming up with. Ppl say there's no use for the xrp but if you think about it, there's going to be a use for it once more and more ppl start to use the platform. Ripple will just simply incentivize them to use XRP once their platform keeps getting good reviews.

[Crusherrr]

This shit isn't complicated I posted here ripple would be under $1 soon and bitcoin would be in the 8-9K range. Don't believe me search it.

Means nothing unless you shorted it.

[hotcross]

.....don't necessarily have to short it. How bout just buy and sell at the right times. Trading.

[The Kraken]

Sandos, careful with LTC, if btc can implement lightning network kiss ltc and bch goodbye.

This is a pretty serious contraction of the market, part of it is cyclical maybe but a big part is uncertainty of the Asia market. Say what you want that cryptos are decentralized and no gov't can shut it down (and you'd be correct) but govt's can make it illegal to do business in cryptos or ban exchanges across the board and if they do that (or even place severe restrictions on the market) in S. Korea/China/Japan, this is going to be a prolonged contraction. Asia drives this market. I don't expect a quick recovery on this one, maybe 6-12 months before we see a true recovery. I stand by what I said yesterday, 2018 is going to be a tough year for traders. Time to log out for a while and lets see where we're at in May

As the tech stands now, ETH/NEO have a big leg up going forward. If DAG/Hashgraph tech is ever realized, the game changes. Going forward, focus on eth based coins

20k is nothing. I have invested over $140,000. Most of it was 12-24 months ago but whoever said "nobody is investing 20k in cryptos" I have long since recovered that money, it's resting nicely back under my mattress.

The only real reason to hold xrp right now is to be in it when they hit coinbase. I still think they're the fav for the first alt-coin to hit coinbase, possibly neo

Coins of 2018 will be xmr, dash, eth, neo, iota, ada, xrb and hopefully BTC!

[shocka1212]

Nobody is spending $20K a night at clubs unless they are multi-millionaires and those people are more than likely going to either already be in crypto or sitting it out completely.

I have a client in nyc who is a multi millionaire....... he fixes and installs air conditioning units... might wanna look at the broader picture these days.. million dollars isn't what it used to be.

[Crusherrr]

We are either going to be thrilled to see lots of green in the morning or continue the blood bath. I'm still hoping blood bath so I can get in at rock bottom.

[TPowell]

I have a client in nyc who is a multi millionaire....... he fixes and installs air conditioning units... might wanna look at the broader picture these days.. million dollars isn't what it used to be.

Top 10% of AC techs make right at $70K. Unless the guy has a side business with a ton of work and employees, he made that money in other places/was given it.

[shocka1212]

Top 10% of AC techs make right at $70K. Unless the guy has a side business with a ton of work and employees, he made that money in other places/was given it.

or lives in a high revenue area with areas that have AC units that are bigger than cars.. didn't come here to argue about air conditioners. the point I was trying to make is that a million dollars is not a lot of money let alone 20k.

[The Kraken]

We are either going to be thrilled to see lots of green in the morning or continue the blood bath. I'm still hoping blood bath so I can get in at rock bottom.

Im not sure how we couldn't see a lot of green tomorrow Doubt we lose another 30-40% in the next 24

[TPowell]

or lives in a high revenue area with areas that have AC units that are bigger than cars.. didn't come here to argue about air conditioners. the point I was trying to make is that a million dollars is not a lot of money let alone 20k.

You instantly lose all credibility by saying that. You are out of touch with reality if you think a million dollars isn't a lot of money. Its not retire and do nothing money but jesus. Even if he makes double or triple that, after taxes he's pulling what a little over $100K? Curious, where do you live and what do you do?

[k13]

Million dollars is nothing when buying a house...it won't get you much..

$20k is something buying an imaginary coin...

[TPowell]

Million dollars is nothing when buying a house...it won't get you much..

$20k is something buying an imaginary coin...

I like that example better. A house is something you have to have anyway and that is easily financed. $1 million won't get you much? Unless you live in the middle of a top 10 city in America, I would think otherwise. I can buy a nice 2,500 square foot house in a nice suburb of Nashville for less than $500K

[Goat Milk]

or lives in a high revenue area with areas that have AC units that are bigger than cars.. didn't come here to argue about air conditioners. the point I was trying to make is that a million dollars is not a lot of money let alone 20k.

million dollars isn't a lot? if you have a million right now and you invest it right, whether it be in your own business, startups, whatever, you're going to live a great life. bro a million dollars in a nice suburb in 95% of america can buy you a straight mansion. 7,000 square feet. especially if you're willing to build it yourself and find a steal on an empty lot/shitty house then tear it down. you know what a million dollars can get you if you move to like bangkok or italy or the majority of the world?

lol i wouldn't have to work another day in my life if i had a million USD cash and went to thailand or singapore and just lived a normal life.

[shocka1212]

You instantly lose all credibility by saying that. You are out of touch with reality if you think a million dollars isn't a lot of money. Its not retire and do nothing money but jesus. Even if he makes double or triple that, after taxes he's pulling what a little over $100K? Curious, where do you live and what do you do?

I'm sorry you feel that way.

[ChuckyTheGoat]

Did anyone buy in around $10,200 in L24 hours?

About a +10% paper-return, if u did.

[TPowell]

Did anyone buy in around $10,200 in L24 hours?

About a +10% paper-return, if u did.

Nope I bought in just under 12 and when it hit 10 I just said penetrate it. Tired of firing bullets

[The Kraken]

Did anyone buy in around $10,200 in L24 hours?

About a +10% paper-return, if u did.

I bought 100000 ada @.5

[Crusherrr]

So normally a correction doesn't just last a few days, right? I know everything looks like it's on sale but every time it's gained traction a little bit rapid diarrhea soon follows any upswings. I think I'm still holding out before buying anything. Everything is on clearance now but I'm looking for that buy 1 get 2 free discount.

[The Kraken]

So normally a correction doesn't just last a few days, right? I know everything looks like it's on sale but every time it's gained traction a little bit rapid diarrhea soon follows any upswings. I think I'm still holding out before buying anything. Everything is on clearance now but I'm looking for that buy 1 get 2 free discount.

You're trying to time the bottom and nobody knows. Maybe you ride it out and get an even better price in a few days, or maybe you miss some great prices.

[Crusherrr]

You're trying to time the bottom and nobody knows. Maybe you ride it out and get an even better price in a few days, or maybe you miss some great prices.

I just jumped back in now. Even if I timed it wrong still I think I'm happy with the prices Im paying.

[k13]

million dollars isn't a lot? if you have a million right now and you invest it right, whether it be in your own business, startups, whatever, you're going to live a great life. bro a million dollars in a nice suburb in 95% of america can buy you a straight mansion. 7,000 square feet. especially if you're willing to build it yourself and find a steal on an empty lot/shitty house then tear it down. you know what a million dollars can get you if you move to like bangkok or italy or the majority of the world?

lol i wouldn't have to work another day in my life if i had a million USD cash and went to thailand or singapore and just lived a normal life.

Million dollars is nothing these days because of cheap interest rates.
Sure you can buy a mansion in Augusta but you can't even look at a house in Vancouver.

Plus you won't get any risk free interest from a million like before...it used to be $60k+ year

[k13]

1800 square feet would cost me 600k right now and if I moved and hour east it would be 1.2 million...

[Shafted69]

The tulip bubble mania is bursting again.

[k13]

I knew my buddy would mush this with just $200...unreal...lol

[allabout the $$$]

I knew my buddy would mush this with just $200...unreal...lol

Heard enough about your buddy mushing it. Get his funds out !

[mrpapageorgio]

Heard enough about your buddy mushing it. Get his funds out !

And put him in the "batchroom" while you're at it.

[jayc88]

Anyone shorting btc if it gets back above 10000?

[Plaza23]

I just jumped back in now. Even if I timed it wrong still I think I'm happy with the prices Im paying.

Me too.

Ripple is under a $1. It was 3.30 a couple weeks ago. I'm buying everything I can of it.

[k13]

Heard enough about your buddy mushing it. Get his funds out !

He thinks XRP will go to $100...

Luckly he's limited now since CC's got blocked by the banks recently.

[Crusherrr]

Me too.

Ripple is under a $1. It was 3.30 a couple weeks ago. I'm buying everything I can of it.

I bought at 29c 5 weeks ago. Sold on the downswing at $2. Now I'm back in at 88c

[GunShard]

Don't invest into crypto yet until it stops crashing. It's still crashing. Give it a few more days.