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341  Other / Beginners & Help / Re: Invest in btc or ltc? on: December 07, 2013, 12:30:39 AM
Hi all, I am new to the bitcoin scene. I am interested in investing but should I invest in BTC or LTC? I am no expert but isn't LTC value dependent on the performance of BTC? Let's say BTC value drops to $0 would LTC value be the same?


In advance thanks for the help.

Wait on both imo, when sustainable prices arise for a substantial amount of time, consider buying in.  It reduces risk to you and guarantees a fair buying price.
342  Economy / Exchanges / Re: Stay away from Coinbase on: December 05, 2013, 02:39:18 AM
I posted the screenshots of me selling my balance, money was in my account the day it said it would be. I just sold some more today and it said it should be in my account by Monday.

So far I don't have anything bad to say about coinbase.

Michael

Neither did I for the first 5 months...
343  Other / Beginners & Help / Re: 2 suspected Bitcoin counterfeiters are arrested in Germany on: December 04, 2013, 10:57:40 PM
Yeah not buying this.
344  Other / Beginners & Help / Re: College Kid made over $22,000 in Bitcoin on: December 03, 2013, 03:19:05 AM
This is so ridiculous lol.
345  Economy / Speculation / Re: Hedgefunds, family offices and deep pockets getting in the game on: December 03, 2013, 03:14:39 AM
More importantly once one hedge fund shows how their funds have increased by being in the cryptocurrency market, inevitably others will follow.
346  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 03, 2013, 03:10:45 AM
Hype/innovation making a better cryptocurrency.
347  Other / Beginners & Help / Re: Who MISSED the BOAT? on: November 28, 2013, 03:52:47 AM
A lot of people feel like they missed the boat by missing the bubble.

I'd be happy to miss that boat anyday.

Why? Cause its a boat that will eventually sink. Who wants a ride on that.

A very few people will profit, but I  wouldnt intentionally invest in a parabolic bubble, too risky.



Wait for the boat to sink.
348  Economy / Speculation / Re: Now that we reached the moon, at what amount do we reach mars? on: November 27, 2013, 10:31:07 PM
10,000      =  Mars
100,000    =  Alpha Centauri
1,000,000  =  Andromeda

10,000,000 = Restaurant at the end of the universe.
349  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 06:50:05 PM
btc-e crashed, can't trade...
350  Economy / Exchanges / Re: Stay away from Coinbase on: November 26, 2013, 05:59:48 PM
This thread is a joke.

You're all idiots.

Coinbase is not a scam because they have anti-Fraud measure. Coinbase is not a scam because they took away your "theoretical" profit. Coinbase is not a scam because you cannot read their terms of service.

You're all mad that you didn't read before you purchased. Did any of you graduate from high school?

Yeah so why the fuck is my sale still bouncing around 6 days later? It should already be in my bank account! I normally wouldn't care much but it's for 40 btc ~ 33k.  Like WTF...
351  Other / CPU/GPU Bitcoin mining hardware / Re: KNCMiner Neptune 3TH miner $9,995 on: November 26, 2013, 03:30:20 PM
I mean why would we buy this when we can buy a cointerra march shipment for less?  AND THEYRE GOING TO INCREASE THE PRICE?Huh!?!??!?
352  Other / CPU/GPU Bitcoin mining hardware / Re: KNCMiner Neptune 3TH miner $9,995 on: November 26, 2013, 03:21:14 PM
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

If you think btc would go to 3k , wouldn't it be safe to buy btc rather than pre-order a miner?
Same dilemma as ever.



It would be nice to have a more concrete date.
353  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 26, 2013, 02:56:00 PM
the question should be, will it mine more than 12 BTC.    If so, buy, if not, don't.  Simple.

Don't know the answer, I've guessed yes, but THAT is the question.

Now lets have a sweepstake on how long for a pre-order to appear in the for sale section, I say < 1 hour Smiley

That is a question, but also when will they ship?  Q1/Q2 is a huge time gap...
354  Other / CPU/GPU Bitcoin mining hardware / Re: KNCMiner Neptune 3TH miner $9,995 on: November 26, 2013, 02:54:45 PM
Yea it does sound a little high for Q1/Q2...
355  Economy / Speculation / Re: $800 is the new $100 on: November 26, 2013, 02:59:28 AM
Price won't stay at this level after a 900% gain in less than a month. Either we quickly gain momentum and break the 900 resistance this week or it'l likely correct back to 500-650.
Manipulators/bears usually dump when nothing happens, exploiting indecision of the market.
Many old timers will sell part of their stash and realize a hefty profit, when they realize the coin wont double again.
And Christmas is coming , everyone need some $ to spend in the real world shops.
From today's volume, breaking the $1,000 steep barrier is unlikely for 2013, unless some billionaire come and save us  Smiley

Thankfully someone here isn't in the stratosphere...
356  Economy / Exchanges / Re: Stay away from Coinbase on: November 26, 2013, 02:00:46 AM
Coinbase is dope, you just need to get to tier II verification. I've heard a lot of those high risk transaction stories for people's first transactions, but my personal experience has been nothing but positive, and since I have been tier II verified I can get up to 10 BTC instantly.

Yeah well I have 40 btc bouncing around bc they can't fucking send a transaction, been waiting for 6 days now and it won't go through...
357  Bitcoin / Hardware / Re: Visit of ASICMINER's Immersion Cooling Mining Facility on: November 25, 2013, 09:23:33 PM
Do they have any equipment being manufactured for use there?
358  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 25, 2013, 03:09:59 PM
I feel like if bitcoin can't make a strong move to the upside, it will slowly meander down over a few weeks.  There's not as much buying pressure and a substantial amount more selling pressure than one week ago which is why the price has equalized for the short term.  If this increasing selling trend continues we could see substantially lower prices.
359  Economy / Trading Discussion / Coinbase Problem on: November 25, 2013, 03:04:54 PM
I recently sold bitcoin at $700 on coinbase, and every day its saying that the transaction is getting removed from the blockchain.  It credits my account back with the bitcoins, but I can't send them anywhere.  And then the cycle continues again.  I've sent them e-mails, but the jackasses that work there are like oh you should have your money in 4 days.  But, it's been like 6 days and the ACH transfer hasn't even began yet...
360  Economy / Speculation / Re: Google Trend and Volume Dropoffs on: November 25, 2013, 03:02:18 PM
Anyone know what the volume dropoffs mean?  Looking at past few days there's been more volume on selloffs than on green candles http://bitcoincharts.com/charts/btcnCNY#rg60ztgSzm1g10zm2g25zv.  Also, the google trend for bitcoin has been decreasing recently, which also occurred right before the selloff in april... I still think we're due for a correction to around $500 then back up once the new money gets nervous and sells off.

Not to mention there are more sells than bids on the order depth for $200 in either direction.  This generally points to a downtrend from all the things you mentioned.  It may be a short downtrend, but generally that information is negative.  Then again, bc of all the nubs in bitcoin now the price may just equalize.
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