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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403244 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
rpietila
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October 15, 2013, 03:12:25 PM
 #32461

i'm buying feathercoins  Grin


!!!?Huh!!!!??!??!!!!??!?!??!!!!!

Having a small amount in a few alts is not that bad. I hold a bit of xpm just cuz cpu coin. Like ltc is my gpu coin.

No interest in feathercoin for me however.

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.
wachtwoord
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October 15, 2013, 03:17:16 PM
 #32462

i'm buying feathercoins  Grin


!!!?Huh!!!!??!??!!!!??!?!??!!!!!

Having a small amount in a few alts is not that bad. I hold a bit of xpm just cuz cpu coin. Like ltc is my gpu coin.

No interest in feathercoin for me however.

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I hold some LTC and PPC but it represents less than 0.1% of the value of my Bitcoin holdings.
adamstgBit
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October 15, 2013, 03:30:44 PM
 #32463

i'm buying feathercoins  Grin


!!!?Huh!!!!??!??!!!!??!?!??!!!!!

Having a small amount in a few alts is not that bad. I hold a bit of xpm just cuz cpu coin. Like ltc is my gpu coin.

No interest in feathercoin for me however.

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I hold some LTC and PPC but it represents less than 0.1% of the value of my Bitcoin holdings.

oh i put a little more then that,

and i might put some time into it, throw up an app, earn some FTC, watch price rise   Cool

thats what i like about FTC, its 2 months old, solid team and plenty of space for anyone to join and make a difference! 

I'm telling you everyone should buy a little FTC.
samson
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October 15, 2013, 03:39:10 PM
 #32464

i'm buying feathercoins  Grin


!!!?Huh!!!!??!??!!!!??!?!??!!!!!

Having a small amount in a few alts is not that bad. I hold a bit of xpm just cuz cpu coin. Like ltc is my gpu coin.

No interest in feathercoin for me however.

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I was also able to triple the amount of BTC I was holding due to these alts. That's 100's of BTC profit for a simple buy and hold on a couple of currencies which were not 'obvious scams'.

The cheaper it is the more capacity it has to double up again and again and still be cheap.
ChartBuddy
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October 15, 2013, 04:02:22 PM
 #32465

adamstgBit
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October 15, 2013, 04:03:36 PM
 #32466

and FTC crashes  Grin
Miz4r
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October 15, 2013, 04:11:57 PM
 #32467

and FTC crashes  Grin

Good job. Tongue
adamstgBit
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October 15, 2013, 04:16:35 PM
 #32468


i hope it reaches 0   Grin Grin Grin
rpietila
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October 15, 2013, 04:21:57 PM
 #32469

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.
samson
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October 15, 2013, 04:25:09 PM
 #32470

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.

27% of your overall investment is not insignificant no matter which way you look at it, especially when you would be risking only 3%.
rpietila
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October 15, 2013, 04:38:10 PM
 #32471

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.

27% of your overall investment is not insignificant no matter which way you look at it, especially when you would be risking only 3%.


There is currently no good reason why an altcoin would perform so well. Keeping track of all of them is also too time-consuming.
crazy_rabbit
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October 15, 2013, 04:41:37 PM
 #32472

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.

27% of your overall investment is not insignificant no matter which way you look at it, especially when you would be risking only 3%.


There is currently no good reason why an altcoin would perform so well. Keeping track of all of them is also too time-consuming.

There is, but it's like gambling. It's all on the whim of Karpels from GOX.
DougTanner
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October 15, 2013, 04:50:06 PM
 #32473

Let us continue upwards.

rpietila
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October 15, 2013, 04:57:27 PM
 #32474

Let us continue upwards.

Somebody still believes that we will revisit the $40-$70 area ever again?
Adrian-x
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October 15, 2013, 04:59:03 PM
 #32475

Help I'm short XBT and the train is leaving.
rampantparanoia
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October 15, 2013, 04:59:22 PM
 #32476


Feather coin is the future of crypto-currency, come take your place in your community!

http://feathercoin.com/

 Cheesy

just send a few of BTC (only what you can afford to lose...)https://btc-e.com/ and trade it 5k FTC!



let's burn that snitch!

lmao @ jaroslaw in the mob
jl2012
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October 15, 2013, 05:00:01 PM
 #32477

Let us continue upwards.

Somebody still believes that we will revisit the $40-$70 area ever again?

I told my wife that we would never see <100 again, and Silkroad was busted 2 days later  Grin
adamstgBit
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October 15, 2013, 05:00:22 PM
 #32478

bitcoin is shooting for the stars again?

jl2012
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October 15, 2013, 05:01:50 PM
 #32479

bitcoin is shooting for the stars again?



Probably due to the Baidu news. Now on Coindesk: http://www.coindesk.com/chinese-internet-giant-baidu-starts-accepting-bitcoin/
ChartBuddy
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October 15, 2013, 05:02:20 PM
 #32480

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