JayJuanGee
Legendary
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Activity: 4200
Merit: 12852
Self-Custody is a right. Say no to "non-custodial"
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March 18, 2014, 06:55:14 PM |
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Yeah I skimmed over and read it wrong.
I wouldnt worry about having your average at $685 we'll be back there before two months, its the people waiting to break even on their $1200 coins that may have to wait a while.
I's imaging most that actually have $1200 coins are mostly just happy that they are out of Gox. I agree with you. Yet, another point about having $1,200 coins is NOT any problem with the person but a problem with their investment strategy. Several times, I have mentioned that I started investing in BTC at right around $1200, but certainly, I recognized the extreme bull run at that particular moment... and who the fuck knew whether it would stop, at that time. Anyhow, I was scared to go in too heavily, so even though at that moment, I had about $20,000 to invest into BTC. I started out by only investing $1,500, and then continuing my investment thereafter with a form of dollar cost averaging. Anyhow, my point is that at the $1,200 price point, the market did NOT seem to suggest that balls to the wall investment strategy would have been good at $1,200... but still, even then, there were enough BTC fundamentals that BTC could have gone to $2,000 or even $5,000 and rested there for a while...... I guess part of my point is that an investor can get really rich or poor from an ALL IN approach... but, surely I remain of the thinking that I am too chicken shit for that... unless, I have some kind of insider information... ... |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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March 18, 2014, 06:56:28 PM |
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LTC is closer to thread than the twenty pages of philisophical ranting about the true nature of man ...
The true nature of man is irrelevant. If man is basically good, then no monopoly government is necessary. If Man is basically evil, then a monopoly government is too dangerous, because politicians, bureaucrats and cops are men too. |
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JayJuanGee
Legendary
Offline
Activity: 4200
Merit: 12852
Self-Custody is a right. Say no to "non-custodial"
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March 18, 2014, 07:00:29 PM |
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When China started to buy BTC the price have risen hard so what should we expect for LTC?
Litecoin over 50$ soon.
Define, soon. week? two weeks? month? and will it parallel BTC or break from BTC.. .that makes a difference, no? I am thinking that if LTC goes to $50 within the next month or two and breaks somewhat with BTC to anywhere in the .07 to .1 territory, then I will sell my LTC holdings at that point... unless there is some breaking news that changes the fundamentals of LTC as compared with BTC in some kind of way. |
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fcmatt
Legendary
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Activity: 2072
Merit: 1001
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March 18, 2014, 07:03:25 PM |
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When China started to buy BTC the price have risen hard so what should we expect for LTC?
Litecoin over 50$ soon.
Define, soon. week? two weeks? month? and will it parallel BTC or break from BTC.. .that makes a difference, no? I am thinking that if LTC goes to $50 within the next month or two and breaks somewhat with BTC to anywhere in the .07 to .1 territory, then I will sell my LTC holdings at that point... unless there is some breaking news that changes the fundamentals of LTC as compared with BTC in some kind of way. right on man. there is a crap ton of LTC out there waiting to be sold since people missed the bus last time and did the math. what goes up must come down. |
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JorgeStolfi
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March 18, 2014, 07:09:19 PM |
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I just thought of creating my own coin called UlimateCoin or UltraCoin or UtmostCoin or etc.. Then sit back and enjoy watching the general confusion whenever people use the acronym "UTC".  You´re too late: https://bitcointalk.org/index.php?topic=413978.0DARN!  |
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JayJuanGee
Legendary
Offline
Activity: 4200
Merit: 12852
Self-Custody is a right. Say no to "non-custodial"
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March 18, 2014, 07:14:59 PM |
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LTC is closer to thread than the twenty pages of philisophical ranting about the true nature of man ...
The true nature of man is irrelevant. If man is basically good, then no monopoly government is necessary. If Man is basically evil, then a monopoly government is too dangerous, because politicians, bureaucrats and cops are men too. Even though the nature of man was somewhat woven into parts of our more than 50 scattered pages of discussion of such topics, nature of man was NOT really the essence of the side track... if we should call it a side track.... I think that we were mostly focused around the extent to which government is necessary in a future society which hinged upon questions regarding whether government served any meaningful purpose that would justify receiving taxes whether voluntarily or by force. Surely, some posters were weaving in other topics as well and even deviating from the deviation... and possibly even I was guilty of such..... especially when from time to time my own human nature was put into question... ...  .......... It's all good, no? |
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JayJuanGee
Legendary
Offline
Activity: 4200
Merit: 12852
Self-Custody is a right. Say no to "non-custodial"
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March 18, 2014, 07:23:11 PM |
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When China started to buy BTC the price have risen hard so what should we expect for LTC?
Litecoin over 50$ soon.
Define, soon. week? two weeks? month? and will it parallel BTC or break from BTC.. .that makes a difference, no? I am thinking that if LTC goes to $50 within the next month or two and breaks somewhat with BTC to anywhere in the .07 to .1 territory, then I will sell my LTC holdings at that point... unless there is some breaking news that changes the fundamentals of LTC as compared with BTC in some kind of way. Are you blind?? It's written on their page... they will add it on 19.3.2014 at 2pm (chinies time) aka tomorow. I will admit that I do NOT always see too clearly; however, it is my sense that the question in front of us within this thread of the conversation does NOT concern when LTC is put into any exchange (in china or wherever that may be) - even though that factor seems to be driving the current price uptick. From my reading, which could possibly be wrong, the question in front of us, in this line of the thread, was concerning when LTC would go over $50, if at all. Hope that helps to put us generally on the same braille. |
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GameStarter
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March 18, 2014, 07:44:55 PM |
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50$ soon = short term = <3 months
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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March 18, 2014, 07:49:49 PM |
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wow, dat wall... much profit  |
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TakeTheSkyRoad
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March 18, 2014, 07:55:05 PM |
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wow, dat wall... much profit It's just moved up to 19.8 now.... that $850,000 buy bid keeps getting left behind. Someone hoping to buy a dump that just isn't coming. Yet. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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March 18, 2014, 07:56:38 PM |
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also this  |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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March 18, 2014, 07:57:19 PM |
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That LTC volume though...
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TakeTheSkyRoad
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March 18, 2014, 07:58:00 PM |
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wow, dat wall... much profit
It's just moved up to 19.8 now.... that $850,000 buy bid keeps getting left behind. Someone hoping to buy a dump that just isn't coming. Yet. Just hit $20 and the $850,000 wall has moved up to match.... wow |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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March 18, 2014, 07:58:54 PM |
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its official LTC is bubbling up!
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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March 18, 2014, 08:02:19 PM |
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its official LTC is bubbling up!
Do you have the pin? |
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 18, 2014, 08:02:35 PM |
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Undone
Member
Offline
Activity: 95
Merit: 10
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March 18, 2014, 08:02:52 PM |
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Just hit $20 and the $850,000 wall has moved up to match.... wow
It was textbook...and now it's gone. |
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ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
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March 18, 2014, 08:04:14 PM |
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Praise Bob! In case of questions, consult your pineal gland and sacrifice 1satoshi to Eris. |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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March 18, 2014, 08:05:58 PM |
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Just hit $20 and the $850,000 wall has moved up to match.... wow
It was textbook...and now it's gone. it is still at 19.-- somewhere, he kept lifting it up and it seems now he is waiting for someone to dump into his wall Edit: he removed it now, what is he thinking about ? |
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