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Author Topic: something we can all be happy about  (Read 2417 times)
tobacco123
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May 05, 2017, 02:46:49 AM
 #21

Well, this is actually sad, because it means I can't pick up coins at a cheap price...

No really late though. When it was $200+ for the first time, everyone said it was an bubble and it did burst... but then it became $1200... then burst and drop to $200+.

It took me so much courage to buy 0.5BTC at that time, and regretted wasting $100 on something that was "going to die"... then nothing happened for monthsss... then the rally all the way...

In short, it is never late.
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May 05, 2017, 02:49:23 AM
 #22

Interesting,  but I've never heard of golem, and the laggers on that list are pretty shitty, even if they're some of the highest in market cap.   And all of them combined could be bought by Warren Buffett.   Think about that.   I think the upside potential is enormous,  especially for bitcoin itself.   Even at $1600 there wouldn't be enough to go around if it got widely adopted.
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May 05, 2017, 03:27:58 AM
 #23

I am still amazed at the run that bitcoin is having, considering that a few months ago, the market cap was way below $20B, then fast forward to now, it has zoomed past $25B. Talk about being bullish despite some issues and obstacles that are floating around. This train is going to lose steam at some point, but for now, it is as strong as ever.
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May 05, 2017, 03:33:31 AM
 #24

Exactly. I visited one of the exchange and seeing the present performance of all coins early today. I was happy to see that more than 90% of the coins were green i.e. rising.
Especially, Ethereum and coins build on Ethreum blockchain show unexpected growth!!
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May 05, 2017, 03:41:36 AM
 #25

Exactly. I visited one of the exchange and seeing the present performance of all coins early today. I was happy to see that more than 90% of the coins were green i.e. rising.
Especially, Ethereum and coins build on Ethreum blockchain show unexpected growth!!
Yeah, as quoted ethereum based projects were moving with high growth. From the starting of the year every coin has been moving with good profiting phase. Now bitcoin seems to grow without any other unadulterated or fake pump. So this makes the real growth of all cryptocurrencies.


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fathur.aza
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May 05, 2017, 03:46:27 AM
 #26

When we know the very high price dibitcoin
That's what makes you happy
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May 05, 2017, 04:15:54 AM
 #27

I'm excited about this month getting bitcoin from signature campaign when bitcoin is to the moon and successful trading gets a lot of profit and also now it's hold altcoin because bitcoin rise causes altcoin fall a very awaited moment.
You could hold altcoins if you like also, you can convert your bitcoins to altcoins, it will give more profit than holding bitcoins alone.
IF you have a good number of bitcoin it's good but coming from sig campaign, i think it's not worth it.

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May 05, 2017, 05:00:23 AM
 #28

Yup, everyone gets happy to see the green in the chart. People must be overjoyed with their investments in many of these alts but I think the only people who are not happy could be the ones who sold just at the wrong time, i.e. early stages of the rise.

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CraigWrightBTC
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May 05, 2017, 05:09:01 AM
 #29


Yes bitcoin marketcap increased​ and it makes price of bitcoin increased too, also the other investors on altcoins
they are happy because the marketcap of altcoins increased too especially the altcoins that has large capitalization,
that is mean growing of digital coins becomed good at least on the digital coins price.
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May 05, 2017, 05:15:33 AM
 #30

If you were smart enough and believed in block chain technology so you would have holded few coins and your investment would have grown multiple times within few years. Ystd itself bitcoin has crossed the highest ever 1600$+ price per btc.  Well now it would not be very feasible to buy at this current high price in case if looking for investment purpose.

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May 05, 2017, 05:16:31 AM
 #31

Really happy to see the chart, all of the alt coin really give me a good profit, a lot of people now also gaining profit by investing alt coin, this is surely the year of alt coin, investing in alt coin give a better profit for this few months and bitcoin also rising, so it is a happy things for crypto currencies users

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May 05, 2017, 05:27:21 AM
 #32

Really happy to see the chart, all of the alt coin really give me a good profit, a lot of people now also gaining profit by investing alt coin, this is surely the year of alt coin, investing in alt coin give a better profit for this few months and bitcoin also rising, so it is a happy things for crypto currencies users

Every cryptocurrency holder or trader is happy now looking at the charts, especially BTC holder, they are getting dreams now and those who neglected BTC and other cryptocurrencies will get to know the value of it. Look at the Litecoin chart, its sky high now.



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May 05, 2017, 05:32:53 AM
 #33

What retailers actually accept zcash or augur or golem for example?
Retailers don't accept Litecoin or Ether either, and very few accept Bitcoin.  No cryptocurrency will have its price based on its utility, ever. Their price is only based on the money that people hold in them, and utility is part of the reason why people hold money in it but they don't just put it in, spend it and be done with it.  People also don't only hold money in PayPal that they're spending that second.

Indeed, crypto is a speculator's "derivative-like" market, it has nothing to do with what the coin could potentially do (even though the story is needed to justify the speculation as rational).
All these things are very, very highly speculative assets, and some of them can have some minuscule real world economic usage and value (like bitcoin).  But they are mainly gambling tokens, and the market is levelling out because gambling with one clearly leading horse is not going to make it.

BTW, it is scary to see all these "revolutionary crypto enthusiasts" happy because their token has less and less hope to be a mainstream currency one day, and to see all these "banking and finance haters" to jump of joy because their replacement token has become a worse speculative thing than a banker's wildest dream.  I guess this is when the spirit of crypto got buried definitively.
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May 05, 2017, 05:38:32 AM
 #34

I must say its been nice seeing this run up in Bitcoin and all cryptos overall. You know this is only the tip of the iceberg. I suspect a $300-$500 pull back any day now. I am very optimistic for Bitcoin over the next decade. I use the 80/20 rule when using Bitcoin. Save 80% and make transactions with the other 20%. We must use the platform and support the miners. I also like to buy small daily amounts of Bitcoin from $5 to $15 daily. In this environment you never know will the price will go. Using Bitcoin's momentum by investing daily while dollar cost averaging is the sanest way to go about it. When a large pull back comes along, say 10%-50% in losses be ready to take advantage. Always have fire sale money on the sidelines for moments like these. David BTC Silverspoon
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May 05, 2017, 05:41:22 AM
 #35

Seem all cryptocurrency are increasing in price which is somehow strange  Huh .  Does this mean cryptoccurency is now getting attention from all people in the world and not only Bitcoin?  This is great news to those who are holding several cryptocurrency coins aside from Bitcoin and are listed in green market.

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May 05, 2017, 05:48:33 AM
 #36

You will soon see most of the money not invested into Bitcoin, flowing back into it. People buy Alt coins and then make some profits and then the bubble burst and they buy more Bitcoins. Why? Bitcoin has the biggest merchant and user network of all the other Alt coins combined. < Name ONE big merchant that accepts Alt coins ? >

This might change over time, when governments starts to show their real support for some of these Alt coins. < ETH & Ripple >

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May 05, 2017, 05:50:05 AM
 #37

Well, this is actually sad, because it means I can't pick up coins at a cheap price...
I feel the same way and its really sad we cant purchase them already on a lower price.I did engage most of them but sell off on a cheaper price but still okay after all as long I do have the profits. LTC is moving now with 1B marketcap which indicates its potential and also to ZEC I thought it was dead already but now its included on top coins.Holy cow
It's mean you just missed the trains, there were many of coins getting dumped hard after the increase of bitcoin price a week ago and it's really the right time to buy but, who knows if something will go this way as usually when the price of bitcoin is just pumped, the price of altcoins dumped hard at the same time until bitcoin is stable or dumped. Well, luckily I'm currently holding large amounts of altcoins listed above  Grin .

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May 05, 2017, 05:53:45 AM
 #38

That is a very good news almost all coin now are pumping it means that the cryptocurrency now is way of being more popular in the market and many investors are coming to support bitcoin and other alt coin. So we should happy about that because the future of cryptocurrency is making a huge change and many peoples are attracting to it.

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dinofelis
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May 05, 2017, 05:56:56 AM
 #39

You will soon see most of the money not invested into Bitcoin, flowing back into it. People buy Alt coins and then make some profits and then the bubble burst and they buy more Bitcoins.

That's the old paradigm.  I'm not sure it is the new one.  The jury is still out on this one.  When you see that bitcoin's crypto market share at this moment is below 60%, there's not *necessarily* a reason to flee back into bitcoin when the bubble bursts, because the bitcoin bubble might just as well burst.  Alts used to be gambler's assets with a safe heaven bitcoin when bitcoin was essentially the de facto crypto monopoly with more than 80% of market share.  When things level out more, the obvious choice for safe heaven in bitcoin is not necessarily the case any more.  Although it still may be.
But in a truly speculative environment, no systematic laws can prevail, because if they do, they are neutralized by profit taking.  So the systematic bitcoin-as-a-growing-safe-heaven is something that, by the time it is established, should be neutered by speculative forces in the market.  (essentially, that's the efficient-market-hypothesis).

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Why? Bitcoin has the biggest merchant and user network of all the other Alt coins combined. < Name ONE big merchant that accepts Alt coins ? >

Nobody cares about merchants accepting coins, or other applications.  This is just pure speculation.  Most people buy bitcoin on exchanges, and sell it on exchanges.  And a few geeks buy an airplane ticket with bitcoin, while they could, in most cases, also use their credit card and get an insurance on top.  This is just the kind of story that "justifies" the speculation, but is by no means what drives the market.

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May 05, 2017, 06:19:24 AM
 #40

Well, this is actually sad, because it means I can't pick up coins at a cheap price...

there are still coins under 1k satoshi, but it's indeed more difficult, it seem that ivnestors are seeking for small cheap coins and buy tons of those believing that they will increase

their investment will make them increase of course

You will soon see most of the money not invested into Bitcoin, flowing back into it. People buy Alt coins and then make some profits and then the bubble burst and they buy more Bitcoins. Why? Bitcoin has the biggest merchant and user network of all the other Alt coins combined. < Name ONE big merchant that accepts Alt coins ? >

This might change over time, when governments starts to show their real support for some of these Alt coins. < ETH & Ripple >

i see this argument many time lately, but it's not right to think that all the money that are in the altcoin, are there just because they want more bitcoin, they are there because they think that bitcoin might collapse one day and they like to diversificate

otherwise if what you said was true, right now all the altcoin would be dumped to the ground and only bitcoin would be the only one, instead even old altcoin are still there stronger than ever
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