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This is like watching paint dry, or grass grow. Or painting grass and watching it grow.
 

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eagles rule said:
I’m new to investing and it seems to me that the traders are cashing in every time a coin appears to be rising ..

New term I’ve learnt is cold washing ..


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With the amount of pump and dumps going on, that is fraught with danger. The few that make money in a pump and dump are selling all the way up the price spike, leaving the buyers as bag holders. It's also not even remotely linked to wash trading. As for cold washing, that's what the missus does with the clothes. Nothing else. Sounds like someone is either having a lend of you or talking absolute shit. I wouldn't be taking any other trading advice from them.
 
Cuzdup said:
This is like watching paint dry, or grass grow. Or painting grass and watching it grow.
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It's quite bizarre that people would be bored when something they have money invested in is tracking along sideways for a few days. But it seems everyone in crypto is in the same headspace. I don't mind it but it's near on impossible to trade at the minute.
 
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bittfenexed on twitter saying Tether admitted to not having the cash reserves, warning people to get off exchanges using tether, anyone following or scared by this?

If tether gets outted as scam right now it would nearly be the end. Feels like we are hanging by a thread as is.

I feel like the tether time bomb is just around the corner and its going to destroy the market again.
 
buttsauce said:
bittfenexed on twitter saying Tether admitted to not having the cash reserves, warning people to get off exchanges using tether, anyone following or scared by this?

If tether gets outted as scam right now it would nearly be the end. Feels like we are hanging by a thread as is.

I feel like the tether time bomb is just around the corner and its going to destroy the market again.
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I was following it until he blocked me. He initially came across as someone with the best intentions for the crypto market trying to uncover bad business practices. Now it's become evident it's a personal vendetta against Bitfinex that is driving his crusade. And he is probably getting too much air time in my opinion. I'm not as concerned as most regarding the Tether situation. If it does go down, I'll happily admit I was wrong, but I don't think it will. You are right though, the market will implode though if Tether is shown to be backed by nothing more than thin air.
 
Jeremy Rifkin talks about the third industrial revolution. Its 2 hours long and gets really relevant to the thread in the second link. Really interesting.



If you cbf watching it all, skip to that bit below. Pretty bloody coincidental and gives you a little hope that maybe humans are not evil after all!



Shamelessly lifted from reddit too!
 
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maryjames said:
Half way in the month and MJ we had a 25% pump today. You could be a genius if the next two weeks go as you expected. Let’s see.
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The wife and I had a little 'chat' when everything bottomed and I went on a shopping spree. See where this movement takes us. I'm not holding my breath but its a welcome bit of volume.
 

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Up to 460b. Broken through an important trendline. Still think the Tether/Bitfinex cloud hanging over crypto world means we will only see steady growth for a while. As soon as that shit is dealt with we will springboard up to ATH's again.
 
YippeeYiYeo said:
Up to 460b. Broken through an important trendline. Still think the Tether/Bitfinex cloud hanging over crypto world means we will only see steady growth for a while. As soon as that shit is dealt with we will springboard up to ATH's again.
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It's looking really good, hey? I'm confident we'll get back to ATH soon. I've been loading up on discounted coins for about a month now;)
 

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buttsauce said:
bittfenexed on twitter saying Tether admitted to not having the cash reserves, warning people to get off exchanges using tether, anyone following or scared by this?

If tether gets outted as scam right now it would nearly be the end. Feels like we are hanging by a thread as is.

I feel like the tether time bomb is just around the corner and its going to destroy the market again.
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When I read this post yesterday I checked out this bittfenexed guy on twitter and saw his posts.

“Shit,” I thought, “maybe sell up your coins for a few days just in case this shit blows up, then you can buy back in, and you may end up buying in cheaper.”

I logged into accounts etc and was about to do it, then I had a second thought.

“Every time you’ve done this type of thing, you’ve been wrong.” I thought. “And you’ve cost yourself each time. Perhaps if you do like George Constanza and do the opposite of what you’re thinking, it might work out.”

So I made note of what my coins were at the time, thought to myself “this is when I would have sold up”, and didn’t do it.

I’d have cost myself 15% of my bankroll and counting, had I sold...
 
Duritz said:
When I read this post yesterday I checked out this bittfenexed guy on twitter and saw his posts.

“Shit,” I thought, “maybe sell up your coins for a few days just in case this shit blows up, then you can buy back in, and you may end up buying in cheaper.”

I logged into accounts etc and was about to do it, then I had a second thought.

“Every time you’ve done this type of thing, you’ve been wrong.” I thought. “And you’ve cost yourself each time. Perhaps if you do like George Constanza and do the opposite of what you’re thinking, it might work out.”

So I made note of what my coins were at the time, thought to myself “this is when I would have sold up”, and didn’t do it.

I’d have cost myself 15% of my bankroll and counting, had I sold...
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Easy to say now though, lets wait an see if the tether thing blows up and see if it was the right move
 
Anyone else following the twitter war of words between 3 this of the most popular crypto currency YouTube channels? Doug Polk tweeted that so called experts (suppoman) need to stop shilling, Suppoman has made a couple of retorts, and now Altcoinbuzz has weighed in calling Doug Polk a bully. One gets the feeling that a movie called The Social Network 2 will be in production featuring these characters a few years from now :grimacing:

FWIW that Suppoman has lost me recently with his new secret ICO Wanchain killer crap the last couple of weeks.
 
YippeeYiYeo said:
Anyone else following the twitter war of words between 3 this of the most popular crypto currency YouTube channels? Doug Polk tweeted that so called experts (suppoman) need to stop shilling, Suppoman has made a couple of retorts, and now Altcoinbuzz has weighed in calling Doug Polk a bully. One gets the feeling that a movie called The Social Network 2 will be in production featuring these characters a few years from now :grimacing:

FWIW that Suppoman has lost me recently with his new secret ICO Wanchain killer crap the last couple of weeks.
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What? So let me guess, you have to sign up to his latest Udemy course to find out what the secret ICO is? That's the same shit he pulled with Ethos (called Bitquence at the time).
 
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