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161  Economy / Speculation / Re: RE : Wall Observer on: April 18, 2014, 01:43:25 AM
I know, it's just so simple & effective to forget about it & hodl for years.

 ..

 ..But, I don't have years. I already spent 9 years (I'm still in 20's so it's mostly fine) losing money to a not-so-expensive-but-still 'variable-rate' learn-the-hard-way tuition fee. I need to make each slice of $$ within days, maybe weeks at most, not months nor years. And I'm not the only one. It's just difficult, not impossible. Some are making it.

 And +, there's always that half of my capital that's sitting in low-priced alts for long-term. That's a sufficient hedge against any trading loss.

People are going to speak in certainties to you here. Remember this: nothing is certain. If you dump in now, you could wind up wealthy in a few years, or you could wind up deeply in the hole never to return if this whole thing turns out to be one huge bubble in the process of popping. If you disappear for a few years and come back, you could find that you were wealthy for a while, but then bitcoin got destroyed. Then again, you could find bitcoin at $2500 and be up a nice chunk. Who knows? The point is, again, nothing is certain. Take any advice that guarantees something, such as "bitcoin to single digits," or "bitcoin to $100,000 within 2 years," with a grain of salt and a lot of skepticism.

Others will talk up their position, screaming bitcoin is dead or bitcoin to da moon based on their position.

I've got to tell you, though. You seem desperate. If you're desperately hoping for a ton of money to fall in your lap in a couple of weeks, that leaves you vulnerable to panic buying when you see it going up. You also seem kind of poor, which means if you over-invest, you will be very vulnerable to panic selling. All of this equates to a personality that is very likely to buy high and sell low. Now is not the time to be investing in bitcoin to get rich quick, that time was at $5. People investing now will need to work to make money, although there's a lot of fish in this pond relative to other markets, so if you get skilled, you can presumably make a killing. I can tell from your posts that you are very unlikely to be skilled, so be careful.

I've found the best time to buy is when everyone else is crying that the price is never going to recover, and every rise is met with cynicism and "bull trap!" The best time to sell is when every drop is met with "bear trap!" and equal amounts of cynicism in the other direction. The first means everyone is out and hoping the price will drop, the second means everyone is in and hoping the price will rise. When there's a mix, that's too risky for me. I don't like making quick trades, I just go for the big ones. I start my buying when the price is getting obliterated, and sell on the way up. The speed at which I sell depends on whether I think we're in a downtrend or uptrend. Uptrends I tend to let it go more, downtrends I try to get out quickly and be more conservative.

And don't ever short bitcoin, and never use leverage. You don't sound like you can afford to do either. There are even some people who are seemingly bears all the time who think shorting is dumb, probably from getting banged hard for doing so at some point.

Learn TA. There are people who hate on it, but I disagree. Spend your time learning how to read charts, and always take your own path. Do not buy or sell simply because someone that seems respectable tells you to. You're probably not skilled enough to be a good judge of who to trust. You can use the posts of others as confirmation of something you're already feeling strongly about, but don't take anybody's word for it without putting in the time educating yourself before you take a position.

If you want to day trade, you've got to educate yourself, and learn to control your emotions. If you don't do that before you start getting into the thick of it, you will almost certainly get destroyed if you don't luck out. Don't rely on luck, luck is for lottery players. Put in the work, and you might just be able to reap the rewards.


Killer post.

Should be made a sticky in the Newbies section.
162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 17, 2014, 10:06:59 PM
(I'd buy any food I wanted at any time for the rest of my life if I made that much, not a jet, but it IS pretty neat)



Be careful! This may be your future!

LOL. I jest of course. Grin

I want mahhhh baby back baby back baby back...
163  Alternate cryptocurrencies / Altcoin Discussion / Re: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution on: April 17, 2014, 09:30:19 PM
Regulation of cryptos by a group of illerate morons

Who could possibly support this?

This is bad as these endless shitcoins

When your title says something other than Newbie come back and run your mouth punk..
until then stfu with the snotty attitude while veterans in the scene talk son.

fucking 1 post wonders think they can march around flapping their beak LOL
puuuuhleeeze.... sit the fuck down and shut your dick holster ya snotty little fucking punk bitch hahhaa

ps: like my garmmar bitch ? Smiley
take it balls deep Smiley

You are not a veteran. Stop trying to fool yourself and others. These posts make you sound ridiculous and provide you no credibility. Several of your posts, but not all, have the opposite effect on you and your opinion than intended.

On a more topical note, congratulations to the members of this operation who may have actually backed talk up with action.

Lol, he's been here a whole 9 months! haha.

Veteran my a$$
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ♥GrumpyCoin Community♥ ★ NEW WALLET ★ NOW TRADING ON MINTPAL! ★ on: April 17, 2014, 08:44:34 PM
This is quite obvious that those sell orders @ 13, 14 and 15 litoshi are put there by the same guy(s) that buy cheap GRUMP @ 9-12 litoshi. Once they buy most of GRUMP supply, they will take those sell walls down and fast ride to ~ 100 litoshi will begin. Just wait and see (or buy now cheap and make some profit).

The price of GRUMP right now is just a pure joke Smiley

Agreed. Get your grumpy under 40lit/1sat while you can people!
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 17, 2014, 12:38:13 PM
I heard that some Afro-American communities is going to sue developers of BlackCoin because of the name. So please would you consider changing the name to something else. If this is true it could have bad impact on BlackCoin, and investors will disappear, and than we can say goodbye to 20$ per coin  Angry

More FUD!

I suppose we should just banish any words that denominate colours then in case someone gets offended?

Utter bollocks.
166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 17, 2014, 10:54:11 AM
Lol at all the previous comments of BC being dead...

The trading volume is immense!
167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 17, 2014, 12:28:00 AM
This is 2 hours old from the Subreddit:

"We at VPSBG.eu like very much the confirmation times for the Blackcoin - we might start accepting it soon, because it will speed up our payment process. That is way better than Litecoin and our third coin payment method looks like going to be BC Smiley At least we can try and support the community but we will wait a few days to see how it will go with popularity."

http://www.reddit.com/r/blackcoin/comments/237udz/blackcoin_is_lightening_fast_great_for_merchants/

EVERYONE needs to sign up to the subreddit. WE NEED TO SHOW OUR STRENGTH. Is it acceptable to you that this post has 0 comments right now? WE NEED TO BOMBARD EACH AND EVERY NEW BLACKCOINER AND MERCHANT WITH OUR SUPPORT. There is suddenly a lot of interest popping up there!

Let's hit, and then blow past 1,000 subs TODAY! http://www.reddit.com/r/blackcoin/


There you go.
168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 16, 2014, 11:01:00 PM
is the pool mining whitecoin to buy black coin Huh NICE!!!!

How ironic.

Brilliant way to squash the copycats though.
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 16, 2014, 09:52:03 PM

Today, I shall be known as the BC Subreddit pumper. Here are the sub numbers for cryptos on Reddit:

Bitcoin 117,686
Dogecoin 79,279
Litecoin 20,756
Vertcoin 4,620
Peercoin 3,178
Namecoin 2,088
Quarks 1,860
Primecoin 1,654
Mastercoin 893
Blackcoin 723


Has being #10 ever been the Blackcoin way? Didn't think so.

Let's hit, and then blow past 1,000 subs TODAY! http://www.reddit.com/r/blackcoin/

Subbed.
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ♥GrumpyCoin Community♥ ★ NEW WALLET ★ NOW TRADING ON MINTPAL! ★ on: April 16, 2014, 09:21:20 PM
This COIN is dead, wallets are not open!

This coin will be pumped to  the moon!!!!

Actually at 9 Satoshi now Smiley

Litoshi...

I wonder. Strange trades the past 24 hours...
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 16, 2014, 03:57:19 PM
I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

Coming from a newbie you have quit the experience.
Can you please give us a few examples of coins you have witnessed doing this?



Aur, MZC, UTC those are just the ones I have direct experience with. Not saying im right just giving an observation. Right now its looking grim. Not bashing mearly looking for a peice of wisdom to correct my illogical fear, if their is one.

Also, I saw you in the whitecoin thread don't tell me you think that coin has legitimacy?

I thought you lost all your BC?
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 16, 2014, 03:44:27 PM
Thanks for dumping, I was looking for a chance to buy in.

That's the spirit!
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 10:09:55 PM
Next stop is to get BC its own market pairing.
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 06:16:49 PM
What's with all the fucking people begging with their hands out!?

Fuck off!

yeah getting a bit out of hand. also thought it was funny your sig was grumpycoin, cuz you mad.

Haha, I only ever invested electricity into GrumpyCoin.

Never begged or borrow it though!

The same with BC , I mined at the start and have bought on the way up too Wink
175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 06:07:28 PM
What's with all the fucking people begging with their hands out!?

Fuck off!
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 05:49:45 PM
Show a fellow merchant some love for accepting BC. i have 35 BC alltogether. Anyone feel free to help a little guy  BJ1C2xWrRHCcZu51hCd78MYen3qScdVZxh


What is your store/service?

I run a local PC and Cell Phone repair shop. Here is an article about my place. its a bit dated as i have changed location. Hoping to open up a second store next year. Accepting crypto just makes sense for me. Always innovative right?

http://www.dcourier.com/main.asp?Search=1&ArticleID=83912&SectionID=260&SubSectionID=1148&S=1

EDIT: The nasty comment on my article was from my competitor. He later got arrested for defrauding clients. LOL

Something not from 4 years ago?

As expressed before its an old article, I don't have to prove anything. A simple google query will resolve concerns if my business is still out there. I was merely posting for a little love for supporting this coin even though I have none. My Web Site is down as for this small town it was a waste. I have my google search page and that's all that's needed for an online presence. My customers are mostly older, they use the phone book/word of mouth. I apologize for posting anything I will withdraw my plea.  Smiley

LOL, no problems, but I would really suggest (based on that article) and the fact that you're in Prescott - which although nice, it definitely not a market to experience 'explosive growth' in - that you expand your web presence. Cheesy

Considering the fact that your holdings represent a rounding error on my donation wallet... I shot you a little good will.  However, if you really want to build your BC holdings, and since you have the shop already, why not put up a little site that has some of those refurbished laptops, etc.. and put prices in USD but "hot-convert" then to BC as well and accept that in payment.  Obviously, you might not want to do that for all of them, but if it's something you'd take $100 for - why not also accept ~750BC for it (~$141 currently to make it more profitable and cover shipping and exchange expenses).

You might find that in no time at all you've got a BC balance like some of us do, and if they're slightly older - therefore more likely to be fully linux-compatible - you might find much more demand than you'd see locally. Smiley


Thank you brilliant idea. Truth is im working with very little capital, but I love trying new things. A refurbished electronics web site that takes crypto........ Any good web site designers in here? I love that idea.

As for the person that says do something productive for the community. I dont have allot of money But i went ahead and bought .1 BTC so I can buy some BC. it wont be out of escrow or whatever till Monday though. I don't have much but im throwing everything I can spare at this coin. Sop dont judge me to swiftly for asking for a little help on my goal.



Why not do something productive for the coin and buy some like the rest of us.

Buying is productive for the exchange where you buy it (as they get a cut) and for the people who bought BC lower than you, as their holding are now worth more. Buying isn't productive for the coin. BC itself is productive at the rate of 1% per year...

OK, so let's all just stop buying it, and beg for donations instead  Roll Eyes

I was first to mine here, and lost my earnings to cryptorush, so don't judge my man. I have since been trying to rebuild, my personal cash, equipment, and donations. Sorry if that is offensive to you.

I smell bullshit...

Care to explain the following quote of yours:

Quote
LOL I have made more money in crypto than you could fathom. I just don't invest in shitcoins, and then try and inflate the value by claiming to others its good. you call people like me trolls, yet you who over estimate the value of a coin to fool others into buying, are the real trolls.

Your previous posts are quite interesting...

Yea and? I said that in response to a troll running his neck. Care to share the post link so everyone can see the context? I got nothing to hide my man. We all say things in the heat of the moment sometimes, when trolls get the best of us.

That was in maza when we where being scammed. And I was right look how that ended.......so yea.

So... Your a liar is what your saying. I understand.

 Roll Eyes

177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 05:29:47 PM
Show a fellow merchant some love for accepting BC. i have 35 BC alltogether. Anyone feel free to help a little guy  BJ1C2xWrRHCcZu51hCd78MYen3qScdVZxh


What is your store/service?

I run a local PC and Cell Phone repair shop. Here is an article about my place. its a bit dated as i have changed location. Hoping to open up a second store next year. Accepting crypto just makes sense for me. Always innovative right?

http://www.dcourier.com/main.asp?Search=1&ArticleID=83912&SectionID=260&SubSectionID=1148&S=1

EDIT: The nasty comment on my article was from my competitor. He later got arrested for defrauding clients. LOL

Something not from 4 years ago?

As expressed before its an old article, I don't have to prove anything. A simple google query will resolve concerns if my business is still out there. I was merely posting for a little love for supporting this coin even though I have none. My Web Site is down as for this small town it was a waste. I have my google search page and that's all that's needed for an online presence. My customers are mostly older, they use the phone book/word of mouth. I apologize for posting anything I will withdraw my plea.  Smiley

LOL, no problems, but I would really suggest (based on that article) and the fact that you're in Prescott - which although nice, it definitely not a market to experience 'explosive growth' in - that you expand your web presence. Cheesy

Considering the fact that your holdings represent a rounding error on my donation wallet... I shot you a little good will.  However, if you really want to build your BC holdings, and since you have the shop already, why not put up a little site that has some of those refurbished laptops, etc.. and put prices in USD but "hot-convert" then to BC as well and accept that in payment.  Obviously, you might not want to do that for all of them, but if it's something you'd take $100 for - why not also accept ~750BC for it (~$141 currently to make it more profitable and cover shipping and exchange expenses).

You might find that in no time at all you've got a BC balance like some of us do, and if they're slightly older - therefore more likely to be fully linux-compatible - you might find much more demand than you'd see locally. Smiley


Thank you brilliant idea. Truth is im working with very little capital, but I love trying new things. A refurbished electronics web site that takes crypto........ Any good web site designers in here? I love that idea.

As for the person that says do something productive for the community. I dont have allot of money But i went ahead and bought .1 BTC so I can buy some BC. it wont be out of escrow or whatever till Monday though. I don't have much but im throwing everything I can spare at this coin. Sop dont judge me to swiftly for asking for a little help on my goal.



Why not do something productive for the coin and buy some like the rest of us.

Buying is productive for the exchange where you buy it (as they get a cut) and for the people who bought BC lower than you, as their holding are now worth more. Buying isn't productive for the coin. BC itself is productive at the rate of 1% per year...

OK, so let's all just stop buying it, and beg for donations instead  Roll Eyes

I was first to mine here, and lost my earnings to cryptorush, so don't judge my man. I have since been trying to rebuild, my personal cash, equipment, and donations. Sorry if that is offensive to you.

I smell bullshit...

Care to explain the following quote of yours:

Quote
LOL I have made more money in crypto than you could fathom. I just don't invest in shitcoins, and then try and inflate the value by claiming to others its good. you call people like me trolls, yet you who over estimate the value of a coin to fool others into buying, are the real trolls.

Your previous posts are quite interesting...
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 05:05:39 PM


Why not do something productive for the coin and buy some like the rest of us.

Buying is productive for the exchange where you buy it (as they get a cut) and for the people who bought BC lower than you, as their holding are now worth more. Buying isn't productive for the coin. BC itself is productive at the rate of 1% per year...

OK, so let's all just stop buying it, and beg for donations instead  Roll Eyes
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 05:00:33 PM
Show a fellow merchant some love for accepting BC. i have 35 BC alltogether. Anyone feel free to help a little guy  BJ1C2xWrRHCcZu51hCd78MYen3qScdVZxh


What is your store/service?

I run a local PC and Cell Phone repair shop. Here is an article about my place. its a bit dated as i have changed location. Hoping to open up a second store next year. Accepting crypto just makes sense for me. Always innovative right?

http://www.dcourier.com/main.asp?Search=1&ArticleID=83912&SectionID=260&SubSectionID=1148&S=1

EDIT: The nasty comment on my article was from my competitor. He later got arrested for defrauding clients. LOL

Something not from 4 years ago?

As expressed before its an old article, I don't have to prove anything. A simple google query will resolve concerns if my business is still out there. I was merely posting for a little love for supporting this coin even though I have none. My Web Site is down as for this small town it was a waste. I have my google search page and that's all that's needed for an online presence. My customers are mostly older, they use the phone book/word of mouth. I apologize for posting anything I will withdraw my plea.  Smiley

Why not do something productive for the coin and buy some like the rest of us.
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 15, 2014, 03:25:46 PM
Open Letter


Some people have contacted my regarding my aggressiveness when promoting BlackCoin. (I have already stated I do not do passive aggressive, I do aggressive aggressive.) Many of these people consider themselves the top "bag holders". Some people have been extremely rude and disrespectful with their comments publicly and behind the scenes. I am not going to get into a debate over who holds more BC, but between my wife and I at the height of trading we could have dumped and purchased a new house for cash and still have a bit left over for a vacation. We have multiple addresses spread evenly. My point is not to brag, I have never disclosed how much BC I hold. My point is I have never sold any of my personal BC and like many I am holding strong. BlackCoin can be worth $10.00 a coin tomorrow and I will not sell until BlackCoin is #1. So I get very annoyed when I am contacted by people who tout how much BC they own and demand that I "control" my actions. If it wasn't for my actions we would be still trading below 7000 sat and fighting with the Mint community.



Oh really?

It is easy to find out if you are being honest! Just post those addresses and we can see if your still holding or sold the coins and bought yourself a fancy house and a nice vacation Wink

So what if he takes a vacation? We will all be there soon enough. Rome was not built in a day. Anyone is more than capable of going somewhere else. I'm staying right here.

I think you missed the point there.
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