Aaaah, the capitulation.
Keep 'em coming.
+1, times like this are why you always keep some powder dry. |
|
|
|
|
It's a good time to buy chocolate coins.
|
|
|
|
|
Conspiracy theories are fun and perhaps even have some grain of truth to it but a true conspiracy would require collusion and bankers, vc'ers, the uber rich etc are all too selfish to ever cooperate at the level needed. What you are seeing are the unintended consequences of big money moving at their own self interest. In effect it seems like a conspiracy but it is just big players being greedy and using their unique positions of monetary power to rake in more for themselves.
|
|
|
|
|
The bear market will continue until retail investors capitulate, that's the signal to the bankers that they've squeezed as hard as they can currently and then it will pop again. When everyone is crying about how horrible crypto is and only stupid people invest then that is the time to buy. Right now too many people are strong holders so I expect the market to try and shake them out some more with more drops.
|
|
|
|
I'll replace your question by saying, "Will the banks use blockchain?" Crypto needs more development, first of all cryptography to replace cash, but we will not see this. Most likely the banks need to apply blockchain technology, but it seems to me that they are not capable of doing this! But it will take time and a great effort to make people fully accept blockchain technology.
Yes, absolutely. They are experimenting with it now. However, they all still have the centralized mindset where they think the best way to proceed is to have their own tokens that they control and they only want to jump on the bitcoin bandwagon because they think they can sell product with the buzzword. The fundamental meaning of the blockchain will take at least a generation to filter through to those people. |
|
|
|
I bought eth at a price of $ 230 but when the price of eth is very cheap. I saw my money burn in just a matter of days. this became one of the losses that I experienced this year.
Not a loss until you sell. Then again it may be a good idea to sell at a loss at the end of the year if you have a tax burden you want to minimize. |
|
|
|
|
I suggest exchanging it for chocolate and whisky.
|
|
|
|
If nothing else it's a fine demonstration that TA is a crock of shit.
+1000 |
|
|
|
Crypto Journalism is SHIT.
QFT |
|
|
|
|
You just have to wait until the bankers have gotten their bags full. Then sell when they pump the market. You can get clues by watching the largest holders of BTC and ETH addresses. Most of the time their buys and sells don't show on the order book, they do OTC trades directly with brokers but if you watch their wallets you get a small idea of movement.
|
|
|
|
|
It's an age old story. To the finance professionals most of the people in the crypto space are as threatening as puppies and just as experienced.
|
|
|
|
|
The actual golden rule is "Treat others as you would like to be treated"
...but near as I can tell the golden rule of most "investors" is to "Do unto others before they can do unto YOU!"
|
|
|
|
ETH at under $100 puts BTC at about $3000. That's quite possible, there's support around $4500 as it's challenging a low of over a year ago. If that resistance fails then the next support is around $3000. ETH is falling hard because of SEC crackdown and ICOs running scared.
I agree with this assessment though I think BTC can be at a higher level when ETH is at $100 because it seems ETH is more volatile though it trends the same. So I've got my BTC target set at $3500 and ETH at $100. |
|
|
|
|
Within 50 years I'm guessing. Sooner than that we will be in a world of mixed methods with electronic decentralized gaining more ground and banks trying to co-opt and centralize the technology.
|
|
|
|
|
They are partially correct. It is a run, a bullshit run. This last year has seen idealistic programming nerds, thinking their raw brain power and pattern identification skills makes them superior, getting schooled big time by financial sharks with no ethical boundaries yet far more experience. 2018 is the year that crypto went from a small pond inhabited by homogenous species to the bigger finance ocean which is much more cutthroat and diverse. And it's just started, the real shenanigans won't begin until institutional investors start flocking to the party en masse.
|
|
|
|
|
If you believe in the tech then it's a simple decision to hold and/or average down. If you are a day trader or just a short time speculator (1 or 2 years) then this must be a nightmare.
|
|
|
|
I am a bit broken hearted now i know like i know emotions have no place in trading. I am trying my best not to feel a thing but i was so delighted when it went $177 thought that is just paving the way so bull can enter. Now i dont really know when ETH would be tired of going down and finally starts to climb up.
I am no longer interested in where Ethereum falls. What interests me the most is whether Ethereum will return up to $ 1,000 and when this can happen. Got your bags full eh? I've averaged down a couple times but still have some powder left. Almost used it near the low this morning but after the last couple days I'm going to wait a bit. |
|
|
|
|
If I remember correctly when this ICO went live it was explicitly stated it was not open to US based investors. The SEC isn't going to do shit.
|
|
|
|
this is only a reflection of the world crisis on the crypto markets
yes, the biggest financial world crisis has just started, who will survive it, will make enormous profits by 2020/21
Weak hands are desperately selling the remnants of cryptocurrency, but I seriously worry about what will happen if the miners stop their equipment, and this can happen - they will not work at a loss. Go look on ebay, many are doing just that. Last year you couldn't find a 1060 for under $300, now they are $150. Mining rigs that would have cost $4000 are going for $1500. Yeah I'd say many miners, at least the small operations, are bailing. |
|
|
|
the most reasonable decision will be to be patient and wait . you may have to wait for more than one month , but the market will recover in any case .
It bears repeating... never invest more than you can walk away from. I don't agree. Scared money don't make no money. Where did the rich people come from? It's not about being scared, it's about knowing your limits. If you are gambling with money that should be for food or rent in a misguided attempt at calling the bottom (as many on these boards have done) then you are playing the lottery. You know how to become a millionaire? Start with 10 million. |
|
|
|
|
Show Posts
