Cryptocurrency mega-thread

[Affidavit]

Just hold and wait. No point trading atm. Who knows where we could be at the end of the year.... 1 trillion market cap or everything worth nothing at all.

 

[Pea Nut]

Just hold and wait. No point trading atm. Who knows where we could be at the end of the year.... 1 trillion market cap or everything worth nothing at all.

That's what the herd do. Go against the herd.

 

[Duritz]

That's what the herd do. Go against the herd.

Don’t tell Essendon supporters to go against the herd.

 

[Affidavit]

That's what the herd do. Go against the herd.

You’re trading against bots you’re instantly losing each time. Waste of time and effort for a few dollars here and there.

 

[Pea Nut]

You’re trading against bots you’re instantly losing each time. Waste of time and effort for a few dollars here and there.

I never said to day trade. Buy the dips and swing trade.

 

[Jack Gun Cyril Stun]

Gee, I thought the market had crashed logging on here, but just the usual dip a week from payday so I’m champing at the bit like a Boxing Day shopper. If it happens again a week out from next payday I’m calling conspiracy.

Btw any love for qsp ?

 

[Pea Nut]

Gee, I thought the market had crashed logging on here, but just the usual dip a week from payday so I’m champing at the bit like a Boxing Day shopper. If it happens again a week out from next payday I’m calling conspiracy.

Btw any love for qsp ?

Very long on QSP !!

 

[Pea Nut]

Another big sell off of BTC at 4 am EDT again for the second day running. Now ranging after the sell off the same as it did yesterday. This is getting interesting. Will it keep going further. Everything is bleeding.

 

[Quixote]

Another big sell off of BTC at 4 am EDT again for the second day running. Now ranging after the sell off the same as it did yesterday. This is getting interesting. Will it keep going further. Everything is bleeding.

Probably that same ****head lawyer for Mt. Gox.

 

[Pea Nut]

Probably that same ****head lawyer for Mt. Gox.

If there is credibility to the rumours that he is in fact selling the Mt Gox Bitcoin through exchanges, then it makes sense. Why he would do that makes very little sense though. But in an unregulated market, I guess it's fair game. Will have to watch to see how it plays out.

 

[Quixote]

If there is credibility to the rumours that he is in fact selling the Mt Gox Bitcoin through exchanges, then it makes sense. Why he would do that makes very little sense though. But in an unregulated market, I guess it's fair game. Will have to watch to see how it plays out.

What I don't get is why not sell OTC.

 

[YippeeYiYeo]

Hopefully my bpay deposit to BTCmarkets arrives before the weekend. DGD is looking like a good buy.

 

[Pea Nut]

What I don't get is why not sell OTC.

You would think that surely he would, and realistically is the only option for selling that amount of Bitcoin. If the market was regulated he would be forced to. But maybe the OTC market isn't as liquid as it's made out to be. There's also the potential to make more money by crashing the market by dumping all the Bitcoin onto exchanges and having huge leveraged short postions.

 

[Quixote]

You would think that surely he would, and realistically is the only option for selling that amount of Bitcoin. If the market was regulated he would be forced to. But maybe the OTC market isn't as liquid as it's made out to be. There's also the potential to make more money by crashing the market by dumping all the Bitcoin onto exchanges and having huge leveraged short postions.

It's a farce.

 

[Quixote]

The best thing about all this carnage is seeing these so-called Crypto experts on Twitter -- whose standard seating has been elevated and smug -- turning now, all bitter and vitriolic. Gold.

 

[buttsauce]

boys i'm scared, hold me.

 

[YippeeYiYeo]

It’s a miracle - my bpay deposit went through in less than 48 hours.

So same as last dip. Will buy more at 350b, again at 300b and at each 50b point on the way down. This Mt Gox thing though has me thinking LTC and alts though.

 

[buttsauce]

It’s a miracle - my bpay deposit went through in less than 48 hours.

So same as last dip. Will buy more at 350b, again at 300b and at each 50b point on the way down. This Mt Gox thing though has me thinking LTC and alts though.

How low you think its gunna go?

 

[Quixote]

http://cryptofeels.net/

 

[Quixote]

 

[YippeeYiYeo]

How low you think its gunna go?

No idea. But with each dip I’ll buy and on each recovery I’ll set stop losses. Just keep accumulating is my aim.

 

[Duritz]

No idea. But with each dip I’ll buy and on each recovery I’ll set stop losses. Just keep accumulating is my aim.

You're essentially martingale'ing it then.

 

[TammyHubs]

Analysts Aayush Jindal suggested Ethereum could bounce back towards an $800 price point if traders clawback some of the losses sustained – but this is not a given. According to https://cryptonewstrends.com/ The second biggest crypto token after bitcoin, ETH peaked at an all time high above $1,400 per ETH on January 13 before plunging over the next five days back down below $800.

 

[Pea Nut]

You're essentially martingale'ing it then.

What was that old coin you were shilling after you bought them drunk ?? Did it die ??

 

[Pea Nut]

The best thing about all this carnage is seeing these so-called Crypto experts on Twitter -- whose standard seating has been elevated and smug -- turning now, all bitter and vitriolic. Gold.

Suddenly a lot of them have become bed wetters. It certainly is gold !!