I'm not sure I'm gonna play around at calling the top on this. Stakes are too high now.
So, if you are not all-out. What are you doing then, if I might ask please? Holding.
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I'm not sure I'm gonna play around at calling the top on this. Stakes are too high now.
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Am I tripping or is this horrible advice?
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Nice LTC/USD spike just before btc-e went down for some minutes: lolol, wow. This looks like pure pump if I've ever seen it. Goat probably just orgasmed to death. Not sure if that happened. BTC-E shows -- High: 29.7 USD
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Damn, buying pressure strong.
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I've done really well with alt currencies, although I'm not sure how long the recent spike will last
I've always tended to be wary of altcoins, but with the recent action, I couldn't help but jump in. More than tripled my bitcoins in recent days. Very risky, though. Only willing to hold LTC at this point.
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I had always planned to sell some at $1000. I pulled those asks, wondering where to place them now.... Maybe $2k...
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BTC, LTC.... what a wonderful way to wake up.
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IE Fontas tripled his money, most lost theirs and are holding over-priced junk.
It's extremely unlikely that he makes any money actually moving the price, he probably loses a fair amount because the work to eat all those price levels will cost a lot of BTC and there will be no support underneath the price he ends up at to exit with, so selling again would cost him more. He buys on the cheap a day or so prior. Then announces the pump. The TRC pump earlier-- people bought it up from .0004 or so to .0018 in 2 minutes. (It plummeted back to .0004 or so within another minute.) He didn't buy anything on the way up.
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I'm not too worried about Fontas. It's the wild west out here, and newbs get fleeced from every direction in bitcoin. I sympathize, but the "pump and dump" aspect of altcoins isn't going away, and he isn't the only one doing it. He's more vocal, obviously.
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Credit cards and BTC.... that can be tough. Funding BTC-E with USD, that can be really tough. I'd check out the marketplace > currency exchange subforum and see if you can work out a deal for a BTC-E code.
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It seems the market has peaked, let's see how deep the correction will be.
Not gonna happen. Not right now.
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Based on responses here. It seems most people are simply not buying. I am very surprised that the price is holding so high when most people think that $800 is too high to buy.
I personally bought .01 bitcoins as a test recently. But I wouldn't call that buying.
I think most people on this forum got in at much, much, much lower prices. So this doesn't really tell us anything. This game is for the fiat whales, now.
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Maybe we are being too hasty... Nothing to justify top of this channel. Not even a second point.
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Fine for a restaurant bill. Why do they need to wait for confirmations? They don't...
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BTC-E support is difficult to deal with, and English is not a strong point. But I have rarely, if ever, seen an unresolved problem with accounts being credited properly.
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If double spend risk is low enough, and it is, zero-confirmation transactions are fine. So..... instant. If you need to send considerable money.... wait it out. Then try sending the equivalent via bank wire, or similar, and see which was faster.
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My opinion is the same as it was before inputs.io Avoid like plague.
What if whatever you stored your Bitcoins on stopped working? I know people who have lost a lot of BTC due to their phone breaking or their computer messing up to the point where a reformat is required. Well that's why backups are for. I 'm not saying that local wallets are 100% secure because they are vulnerable to malwares etc. but at least your coins' fate is in your hands. I notice a lot of people are saying CoinBase has problems? Could you tell me what they are? And do similar problems exist with BlockChain? I 'm not aware of any particular problems. You may search the forum to see if there are any. I 'm talking about the concept of online wallets that store your private keys. That i don't like. Blockchain.info does use javascript, if I remember correctly. Malicious code could be used to compromise accounts. It is much better than hosted/3rd party wallets, though, which actually control your private keys.
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Need to activate the bunker. I think this growth rate is not at all sustainable.
A week after correction and we just made a new ATH 3 hours ago? Bad time to be a bear, man. what correction? ~ 900 to 450
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If you own an amount that you consider significant, it's probably a good idea to think about buying a cheap offline machine to store your coins.... tablet, netbook, something cheap.
Or learn to use paper wallets... Sure, paper wallets are useful. However, I hate to break them. So I prefer to keep my coins on an offline machine in the case that I need to move funds. If I need to send an output, I can sign it on the offline machine and send from an online machine.
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