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Theres so much rage here about alts its like a bloody train track where everyone tried to hold on to and got dragged by the trains they missed.
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I made 90% of my profits (in btc) trading alts. USD is just the worst performing coin to trade. The only good thing about it is the volume on bitfinex, if you can trade there.
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What I'm saying is nobody admits they were wrong when they say an alt is garbage and isnt going anywhere but then it rises 10,000% instead.
Nobody was wrong. The more centralized a coin is, or the bigger a scam it is where they just print coins out of thin air, the more incentive and easier it is for the scammer who controls it to pump. Especially when you can create coins out of thin air (Ethereum, Ripple, any pre-mine coin) and then send those coins to Poloniex and use as margin collateral. That's 100% fraud. The idea a valueless imaginary token can be used as collateral for anything is a joke. Also, if bitcoin wasn't completely centralized the price would probably be lower because there's less incentive for scammers to pump it. Were all traders here though. If you missed out on 10,000% profit, you were wrong |
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Everyone here dogs me about my bitcoin calls being off 20% or whatever. Meanwhile they stick their heads in the sand about altcoins as they rise tens of thousands of percents.
YOU ARE the GREATEST, TERA bera... WE love your comments so much, because we are in this BTC WO thread to contemplate the tens of thousands of percents rise of alts... so pull our stupid-ass ostrich heads out of the sand and woke us. Thank you TEARA Beara, Thank you.  What I'm saying is nobody admits they were wrong when they say an alt is garbage and isnt going anywhere but then it rises 10,000% instead. I just here the same thing in here every day about how bitcoin is the one and only king and anyone who buys an alt must be idiots. Like the people who bought XRP at $0.1 are still idiots |
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it means exactly that. you try to make profits in bitcoins by trading altcoins against bitcoins. most serious bitcoiners see their wealth as a number in bitcoins and not usd because of their faith in bitcoin's long term value. If you were to compare your performance at increasing your bitcoin stash with an altcoin versus with usd, you might actually find that altcoins are much easier and usd is the lowest performing 'coin' you could trade. If you really want to trade against usd you can find it with many coins but there is less volume.
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No matter how sophisticated this technology becomes, the world is still ultimately controlled by guns and blades.
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Everyone here dogs me about my bitcoin calls being off 20% or whatever. Meanwhile they stick their heads in the sand about altcoins as they rise tens of thousands of percents.
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I think you're friend was actually right that btc was too expensive though . how ironic
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It just shows how stupid these 'silicon valley' people are. They are supposed to be on top of tech trends and they of all people should have already bought in 2013 or earlier. Where were all these 'investors' back then? Why are people only convinced by huge rallies and only want to make purchases using hundreds of millions. Does dropping all that cash make them feel big and important? They could have gotten it all for $1K if they truly believed. They knew about bitcoin. All the same information was available. Bitcoin hasnt changed. Actually its kind of gotten worse.
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You can’t look at BTC/ USD order books in isolation. You have to consider the size of the entire crypto market which is rapidly ballooning. A large portion of the XRP market cap could easily FOMO into BTC.
I don't get people buying XRP "coins" especially for this price now... Because the sheep buying in right now know absolutely nothing about crpyto - its like a casino and theyre picking the best table. |
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I still think it's going to go lower, eventually.
Whether it goes back up to 16.5K, 20K, or even 30K, theres still plenty of room for a further drop below 10600 afterwards
There wasnt enough volume at the 10600 for that to be the capitulation or anything.
Precisely. That was the bottom of a correction within a bullish trend. Your desired mega correction & bear market will come eventually but I don't think we're there yet. Too much stupid money chasing the FOMO train. It was lower volume than previous corrections. The volume and the size of the order books are no longer increasing, so the trend cannot be maintained. |
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It says he already bought. It would be more meaningful if it said he was going to buy.
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Bitcoin is low risk high reward.
Forex is HUGE risk medium reward.
I saw this becuase in order to make the kind of gains you make in bitcoin (like 500%), with forex, you have to leverage your forex account 50 times. This means you take 50 times MORE RISK. If it moves down even 1% you ARE LIQUIDATED. Meanwhile bitcoin can lose all of its value and then come back and you can still make 1000%
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I still think it's going to go lower, eventually.
Whether it goes back up to 16.5K, 20K, or even 30K, theres still plenty of room for a further drop below 10600 afterwards
There wasnt enough volume at the 10600 for that to be the capitulation or anything.
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yes for the advanced verfication in order to withdraw more than 25k per day
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Youre having a problem with your webcam? Ive been waiting 3 months and cant even get the interview.
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I believe I've made far more correct calls recently than incorrect ones.
Failed to acknowledge the Friday 22nd bottom. Which proved crucial to developments going forward. I wasn't even awake during that time. Am I obligated to call every bottom? That's a lack of a call, not a wrong call. You subsequently painted it as some kind of technical error to be ignored and the fact that the market recovered from that was deemed by you to be irrelevant as it was headed down anyway. Well it's true that Bitfinex was begin glitchy that day before but that doesn't have much to do with anything else I've said |
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I believe I've made far more correct calls recently than incorrect ones.
Failed to acknowledge the Friday 22nd bottom. Which proved crucial to developments going forward. I wasn't even awake during that time. Am I obligated to call every bottom? That's a lack of a call, not a wrong call. |
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I believe I've made far more collect correct calls recently than incorrect ones.
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This poll is too limiting. What if I dont think 20K will be reached until 2020 or later?
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