Cryptocurrency mega-thread

[Cuzdup]

Ven = shit
WTC = awesome

/thread

Come on dude. Both are seriously good coins to get on. Different but both will be standing in the long run

 

[Taylor]

I want to hear more about what you’re getting up to while the bf is at work.

Making the dollars on the net

 

[footy75]

shit is flying

 

[Duritz]

Making the dollars on the net

I hear ya. Girl gots to get paid somehow.

 

[Duritz]

Come on dude. Both are seriously good coins to get on. Different but both will be standing in the long run

Yeah I have no problem with VEN at all. I like walton more because China and the region are one big mother****ing place and OBOR excites me greatly.

 

[bomberjez]

Cheap is a moving target for speculative value. Most of these market caps were outright ludicrous.

Bitcoin was "cheap" at $19k, at $25k.
Walton would seem "cheap" at $40, at $50.

Don't fall for the same shit because there was a 10% rise after months of losing far more consistently. Exercise caution and hold these companies accountable.

You won't see the bull run we just had again. Tron at $16bn for f**** sake. Tulips.

On a more positive note. G20 seems to have at least allowed the industry another year to grow organically. I love block-chain tech and am incredibly fond of Funfair and Power Ledger...expecting contributions from both.

 

[tigertigertiger]

Cheap is a moving target for speculative value. Most of these market caps were outright ludicrous.

Bitcoin was "cheap" at $19k, at $25k.
Walton would seem "cheap" at $40, at $50.

Don't fall for the same shit because there was a 10% rise after months of losing far more consistently. Exercise caution and hold these companies accountable.

You won't see the bull run we just had again. Tron at $16bn for f**** sake. Tulips.

On a more positive note. G20 seems to have at least allowed the industry another year to grow organically. I love block-chain tech and am incredibly fond of Funfair and Power Ledger...expecting contributions from both.

What makes you think that?

 

[bomberjez]

What makes you think that?

Too many have been burned...both retail and hardcore crypto investors alike on coins that should never have existed in the first place.

Will some coins succeed? Of course. But an all-out industry wide bull run where EVERY shit coin experiences gain far beyond reason can't be sustained. Bears are an essential part of a healthy market.

 

[iluvparis]

Making the dollars on the net

I'll pay

#nowhatimsayin

 

[Pea Nut]

I'd be interested to know who here thinks that was a genuine reversal, compared to those who think that we are in for more down side ?? I still think this is a dead cat bounce, that we have not broken out of the down trend and will continue down. Happy to be proven wrong though, but I have been cautious with my buys.

 

[Duritz]

I'd be interested to know who here thinks that was a genuine reversal, compared to those who think that we are in for more down side ?? I still think this is a dead cat bounce, that we have not broken out of the down trend and will continue down. Happy to be proven wrong though, but I have been cautious with my buys.

Good question. All the TA gurus are great in hindsight, would love to see if any on twitter for example are declaring one way or another what this is. Have you seen?

 

[Pea Nut]

Good question. All the TA gurus are great in hindsight, would love to see if any on twitter for example are declaring one way or another what this is. Have you seen?

Nah, it seems to be a completely mixed bag, and many taking a neutral stance. Basically they have no idea which way it's going.

 

[footy75]

I'd be interested to know who here thinks that was a genuine reversal, compared to those who think that we are in for more down side ?? I still think this is a dead cat bounce, that we have not broken out of the down trend and will continue down. Happy to be proven wrong though, but I have been cautious with my buys.

I'm with you big fella

 

[TheWoodenSlug]

Selling out of ICX about a week ago was an inspired decision.

#go****yourselfcrypto

 

[bomberjez]

I'd be interested to know who here thinks that was a genuine reversal, compared to those who think that we are in for more down side ?? I still think this is a dead cat bounce, that we have not broken out of the down trend and will continue down. Happy to be proven wrong though, but I have been cautious with my buys.

Undoubtedly. There are still a high % of coins unsustainably inflated.

Bitcoin going on another nonsensical prize frenzy is the only thing that could provide temporary respite.

 

[Pea Nut]

Selling out of ICX about a week ago was an inspired decision.

#go****yourselfcrypto

Ouch.

 

[Pea Nut]

Undoubtedly. There are still a high % of coins unsustainably inflated.

Bitcoin going on another nonsensical prize frenzy is the only thing that could provide temporary respite.

The way overall market sentiment moves in this space is quite ridiculous and truly bizarre. So many are now truly bullish again and I really do not understand why.

 

[tigertigertiger]

pfft, non believers, ya'll gonna miss out, the last boom was nothing

 

[Pea Nut]

pfft, non believers, ya'll gonna miss out, the last boom was nothing

All the non believers have already been flushed out in this last correction. And while the next bull run will no doubt exceed the others, it looks to be some time away.

 

[TheWoodenSlug]

Ouch.

Yes, very ouch

 

[footy75]

All the non believers have already been flushed out in this last correction. And while the next bull run will no doubt exceed the others, it looks to be some time away.

when u thinking

 

[Pea Nut]

when u thinking

Just my thoughts obviously, and I hope I am wrong, but I think there are at least several more months of pain and sideways action. And I wouldn't be surprised if it was more like 6 - 12 months + and people start talking about a crypto recession. The fundamentals of many projects have never been better, yet price has continued to down trend. I just don't know what the catalyst will be for the next bull run and what will bring in the money from the outside. Don't go rushing out to sell your crypto by any means, but always have a strategy based on what the market gives you.

 

[Duritz]

pfft, non believers, ya'll gonna miss out, the last boom was nothing

You've always been so bullish crypto.

 

[tigertigertiger]

You've always been so bullish crypto.

trade your walty or you'll be salty



for digibytes

 

[woota]

Just my thoughts obviously, and I hope I am wrong, but I think there are at least several more months of pain and sideways action. And I wouldn't be surprised if it was more like 6 - 12 months + and people start talking about a crypto recession. The fundamentals of many projects have never been better, yet price has continued to down trend. I just don't know what the catalyst will be for the next bull run and what will bring in the money from the outside. Don't go rushing out to sell your crypto by any means, but always have a strategy based on what the market gives you.

People are apprehensive about crypto because of all the recent government regulations/crackdowns, as well as the obvious tax implications. Basically the government is ruining it for everyone. There will be a way forward, that will enable to people to buy and use crypto. Deregulated exchanges are the next big step for crypto, and we don't know what the future holds in that regard. If such exchanges can effectively mitigate government oversight/control of crypto trading (preventing the government from sticking their hand in the pot and stealing people's crypto assets via tax) then it's going to bring a lot more people into the space. Platforms like Ethos (their product release is at the end of this month) could rejuvenate the crypto space because it will provide a fiat gateway (no more having to buy BTC/ETH from one exchange and send to other exchanges to buy altcoins, then send to a wallet for storage). Ethos could provide a much more convenient and more stable platform to buy, trade, and store cryptocurrency than what we're currently accustomed to. It's still early days, and there are many changes to come.