TheWhale (OP)
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April 03, 2014, 06:41:31 AM |
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As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio? I think I'll put all of my BTC into Ripple for these reasons: - It has strong financial backing (Google, Andreessen Horowitz etc) - Disruptive technology without the Gov't heat (Bitcoin exchanges in China are closing, while Ripple gateways in China are opening) - The technology is everything bitcoin but more (faster, more secure, more functions etc) - From the above reasons, a high likely-hood of success/ price rise (therefore, making back my losses) Have you been tricked into thinking Ripple is a scam? http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/Anyway, those are my reasons. What's your end game?
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jubalix
Legendary
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Activity: 2632
Merit: 1022
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April 03, 2014, 06:49:53 AM |
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As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio? I think I'll put all of my BTC into Ripple for these reasons: - It has strong financial backing (Google, Andreessen Horowitz etc) - Disruptive technology without the Gov't heat (Bitcoin exchanges in China are closing, while Ripple gateways in China are opening) - The technology is everything bitcoin but more (faster, more secure, more functions etc) - From the above reasons, a high likely-hood of success/ price rise (therefore, making back my losses) Have you been tricked into thinking Ripple is a scam? http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/Anyway, those are my reasons. What's your end game? be in there buying every last BTC I can afford
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jesse11
Sr. Member
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Activity: 333
Merit: 250
Ants Rock
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April 03, 2014, 06:50:34 AM |
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A Newbie with words of wisdom LOL
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Mining with: BE's,BE Cubes, K16's, AntMiners U1's and AntMiners S1's
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Djao
Full Member
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Activity: 208
Merit: 100
Risk-hedging platform for cryptocurrency investors
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April 03, 2014, 06:53:21 AM |
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As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio?
lol, what loss?
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go4nature
Member
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Activity: 70
Merit: 10
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April 03, 2014, 06:53:37 AM |
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If bitcoin dies all other crypto currencies will die including ripple.
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cryptoanarchist
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Activity: 1120
Merit: 1003
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April 03, 2014, 06:53:52 AM |
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The lower bitcoin goes, the more I buy.
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I'm grumpy!!
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NoWhammies
Member
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Activity: 62
Merit: 10
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April 03, 2014, 06:54:14 AM |
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I'm just going to put a gun in my mouth No seriously, I'm selling right now. I'm taking the same amount out as I have in. I'm still way ahead, but this saddens me. I've watched this market for about 2 years and it has never done this. When it would crash before it would jump right back. Now it's just a steady decline, followed by a steep decline, followed by more steady decline.
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TheWhale (OP)
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April 03, 2014, 06:55:06 AM |
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As the title states. Do you take the loss or move it into different investments that would still have a good BTC ratio? I think I'll put all of my BTC into Ripple for these reasons: - It has strong financial backing (Google, Andreessen Horowitz etc) - Disruptive technology without the Gov't heat (Bitcoin exchanges in China are closing, while Ripple gateways in China are opening) - The technology is everything bitcoin but more (faster, more secure, more functions etc) - From the above reasons, a high likely-hood of success/ price rise (therefore, making back my losses) Have you been tricked into thinking Ripple is a scam? http://crypt.la/2014/01/22/unexposing-the-ripple-scam-rebutting-ripplescam-org/Is this the Ripple counter attack? lol Why doesn't the mod send this to 'Alts' like all the other Ripple crap. This has nothing to do with Ripple. I am merely asking for your exit strategy in regards to BITCOIN
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jesse11
Sr. Member
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Activity: 333
Merit: 250
Ants Rock
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April 03, 2014, 06:56:09 AM |
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NoWhammies, Don't sell HORDE
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Mining with: BE's,BE Cubes, K16's, AntMiners U1's and AntMiners S1's
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Bit_Happy
Legendary
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A Great Time to Start Something!
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April 03, 2014, 07:01:28 AM |
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Ripple? Does the OP think of this thread as Ripple Spam?
What is your end game if BTC crashes overnight? Buy more!
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NoWhammies
Member
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Activity: 62
Merit: 10
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April 03, 2014, 07:09:36 AM |
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NoWhammies, Don't sell HORDE I wish I could, but the writing is on the wall. I'm still keeping as much BTC as I can but I'm getting my original investment of USD out. It makes me sick to have to do this but I can just hear the haters now with their Tulip/Ponzi scheme crap and talking to me like I got taken and saying they feel sorry for me and shit.
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jockular
Newbie
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April 03, 2014, 07:10:15 AM |
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buy moar
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jesse11
Sr. Member
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Ants Rock
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April 03, 2014, 07:12:14 AM |
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buy moar
Agreed
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Mining with: BE's,BE Cubes, K16's, AntMiners U1's and AntMiners S1's
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freequant
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April 03, 2014, 07:13:00 AM |
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It's not the end of BTC, but indeed the recent events should prompt to diversify a bit. A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential. Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.
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jesse11
Sr. Member
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Activity: 333
Merit: 250
Ants Rock
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April 03, 2014, 07:16:11 AM |
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It's not the end of BTC, but indeed the recent events should prompt to diversify a bit. A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential. Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.
" These Guys" LOL I know a lot of them, they drink more than I do! Yeah, Listen & do what they do, We'll help you when your homeless, just a bit LOL
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Mining with: BE's,BE Cubes, K16's, AntMiners U1's and AntMiners S1's
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freequant
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April 03, 2014, 07:26:48 AM |
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It's not the end of BTC, but indeed the recent events should prompt to diversify a bit. A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential. Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.
" These Guys" LOL I know a lot of them, they drink more than I do! Yeah, Listen & do what they do, We'll help you when your homeless, just a bit LOL Ok guys, jesse11 is a name in the valley, and if he tells you venture capitalists are losers who end up drinking cheap table wine under a bridge in San Jose, you bet he rests his case. So do *not* follow venture capitalists or you would end up in misery like Marc Andreessen, you have been warned.
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romerun
Legendary
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Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
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April 03, 2014, 07:29:29 AM |
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nobody gives a poo to ripple
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zetaray
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April 03, 2014, 07:30:27 AM |
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If bitcoin crash overnight, I would buy as much btc I can afford to loose, and buy the fastest asic miner with the btc.
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Lethn
Legendary
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Activity: 1540
Merit: 1000
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April 03, 2014, 07:31:22 AM |
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I'm actually doing a long position trade on Bitcoin technically, short term price drops will be nasty, but they won't affect me in the slightest, I'm going to be directly earning Bitcoins so I don't rely on price swings as much as other people and just adjust my prices.
p.s. I think Bitcoin is moving exactly as I thought it would this year, probably going to hit the $200 and then there will be a massive buy frenzy from the big traders.
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jesse11
Sr. Member
Offline
Activity: 333
Merit: 250
Ants Rock
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April 03, 2014, 07:33:01 AM |
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It's not the end of BTC, but indeed the recent events should prompt to diversify a bit. A good way is to do like the venture capitalists do: invest a bit everywhere you can feel some real potential. Just follow them on twitter: they are generally quite loud about their investment decisions because it's in their best interest to rally investors around businesses they have seeded. These guys have a very acute instinct when it comes to hand picking legit businesses with high potential and they have access to minute details of founders identities and whereabouts.
" These Guys" LOL I know a lot of them, they drink more than I do! Yeah, Listen & do what they do, We'll help you when your homeless, just a bit LOL Ok guys, jesse11 is a name in the valley, and if he tells you venture capitalists are losers who end up drinking cheap table wine under a bridge in San Jose, you bet he rests his case. So do *not* follow venture capitalists or you would end up in misery like Marc Andreessen, you have been warned. You spoke of Marc Andreessen, a American entrepreneur, investor, software engineer, and multi-millionaire and co-founder of Netscape Communications Corporation. You say he is in misery? Bad Dog! LOL
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Mining with: BE's,BE Cubes, K16's, AntMiners U1's and AntMiners S1's
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