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Author Topic: $500+ BTC Flattens Alternate Universe  (Read 622 times)
Armis
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March 20, 2014, 02:21:06 PM
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As soon as BTC hit into $500+ land, ALL OF THE MONEY WAS SUCKED RIGHT OUT OF THE ALTS.  wow. as if the markets went on strike, I can't believe how flat they are.

what are you experiencing?
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stokecrypto
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March 20, 2014, 02:32:07 PM
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not enough new bitcoin investors to support all the alts, new investors have learned that most alts have no future., markets flooded with shitcoins, its that simple
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March 20, 2014, 03:09:13 PM
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not enough new bitcoin investors to support all the alts, new investors have learned that most alts have no future., markets flooded with shitcoins, its that simple


Who invest's in everything?  There are millions of different women for millions of different men, you checkout a few before you make a long-term commitment.

As long as I was making a profit with btc, I was comfortable right there, but as soon as my $687 btc stayed stagnent then headed south I had to find another vehicle to gem me back to profitville, that's when I turned to LTC, but as you probably saw it was on an everlasting upward climb as btc was on the opposite trend, clearly everyone moved from btc to ltc.

well not wanting to get stung again, I exited the happy ride early so that I could keep the goodies, then went to AUR where I was just overjoyed by the volatility but that was the last two days.  Now that BTC is in the $500 range again, everyone is running or preparing to run back to it, I'm in no hurry because I see far more profit potential in the highly volatile alts.    Problem is there is no volitility if no one is there -- booooo ... oh well  Cry



charicoin.org
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March 20, 2014, 04:26:43 PM
 #4

So bitcoin will be more expensive.
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March 20, 2014, 06:56:01 PM
 #5

we have to start to work on real useability of coins. Till now all the game is about rush for minig and quick sell out. Alt coin world is still so young we are learning firts steps. And if we feel that market liquidity is low, so reason is absolutly clear. What the hell one can do with alt coins. For now? Play stupid online bet games, thats all.

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jonnysomething
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March 20, 2014, 06:57:11 PM
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People don't realize how damaging scamming MILLIONS AND MILLIONS of dollars out of crypto is.
TrollboxChamp
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March 20, 2014, 07:00:07 PM
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People don't realize how damaging scamming MILLIONS AND MILLIONS of dollars out of crypto is.

I think most people honestly reinvest profits. Smart ones atleast. Takes money to make money

FWIW: I made 15k on mazacoin and bought myself 60 gridseeds.
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March 21, 2014, 05:42:52 AM
 #8

People don't realize how damaging scamming MILLIONS AND MILLIONS of dollars out of crypto is.

I think most people honestly reinvest profits. Smart ones atleast. Takes money to make money

FWIW: I made 15k on mazacoin and bought myself 60 gridseeds.

Depends. Some people are investing back in to scams to take more money out. There's one bitcoin wallet someone linked a while ago to that had nearly 10 million USD pass through it and I think something like currently 6 million sitting in it. It was the ending spot of a bunch of a couple of different IPOs and other scams.

But congrats on your Maza profits! I could have made a decent profit from it, but I was a chicken shit.
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March 26, 2014, 04:44:33 AM
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i knowm
kalus
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let's make a deal.


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March 26, 2014, 04:45:45 AM
 #10

People don't realize how damaging scamming MILLIONS AND MILLIONS of dollars out of crypto is.
tragedy of the commons.

DC2ngEGbd1ZUKyj8aSzrP1W5TXs5WmPuiR wow need noms
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