rpietila
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Activity: 1722
Merit: 1036
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October 15, 2013, 03:12:25 PM |
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i'm buying feathercoins !!!? !!!!??!??!!!!??!?!??!!!!! 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.
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wachtwoord
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Activity: 2338
Merit: 1136
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October 15, 2013, 03:17:16 PM |
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i'm buying feathercoins !!!? !!!!??!??!!!!??!?!??!!!!! 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.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 15, 2013, 03:30:44 PM |
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i'm buying feathercoins !!!? !!!!??!??!!!!??!?!??!!!!! 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 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.
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samson
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Activity: 2097
Merit: 1070
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October 15, 2013, 03:39:10 PM |
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i'm buying feathercoins !!!? !!!!??!??!!!!??!?!??!!!!! 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.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 15, 2013, 04:02:22 PM |
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adamstgBit
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October 15, 2013, 04:03:36 PM |
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and FTC crashes
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Miz4r
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Merit: 1000
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October 15, 2013, 04:11:57 PM |
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and FTC crashes Good job.
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adamstgBit
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October 15, 2013, 04:16:35 PM |
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rpietila
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October 15, 2013, 04:21:57 PM |
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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 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.
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samson
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Activity: 2097
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October 15, 2013, 04:25:09 PM |
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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 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%.
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rpietila
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Activity: 1722
Merit: 1036
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October 15, 2013, 04:38:10 PM |
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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 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.
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crazy_rabbit
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Activity: 1204
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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October 15, 2013, 04:41:37 PM |
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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 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.
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DougTanner
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October 15, 2013, 04:50:06 PM |
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Let us continue upwards.
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rpietila
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Activity: 1722
Merit: 1036
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October 15, 2013, 04:57:27 PM |
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Let us continue upwards.
Somebody still believes that we will revisit the $40-$70 area ever again?
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Adrian-x
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Activity: 1372
Merit: 1000
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October 15, 2013, 04:59:03 PM |
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Help I'm short XBT and the train is leaving.
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rampantparanoia
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October 15, 2013, 04:59:22 PM |
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Adam has been compromised. Feather coin is the future of crypto-currency, come take your place in your community! http://feathercoin.com/ 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
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jl2012
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Activity: 1792
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October 15, 2013, 05:00:01 PM |
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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
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adamstgBit
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Activity: 1904
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October 15, 2013, 05:00:22 PM |
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bitcoin is shooting for the stars again?
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ChartBuddy
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Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 15, 2013, 05:02:20 PM |
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