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Author Topic: We have lift off!  (Read 3948 times)
Mellnik
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August 26, 2014, 06:02:34 PM
 #21

Indeed we have. Bitcoin and Namecoin holders have a wealthy future; not so Litecoin, Dogecoin and other shitcoin holders.



lol.... GTFO with Namecoin, would much rather put money in LTC

Why? Why does LTC sound more promising to you than NMC?
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August 26, 2014, 06:11:22 PM
 #22

NMC has no community, LTC is the #2 alt coin with legit developers and community. The founder of LTC has ties with Coinbase and Bobby Lee.

When institutional investments get into bitcoin, and when they want to diversify into other crypto currency... they are going to pick something legit like LTC, not some shitcoin that's 50% pre-mined




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kireinaha
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August 26, 2014, 06:15:23 PM
 #23

This was posted in may so theyre clearly not referring to the rise off the bottom today or yesterday. But you don't care probably.

Just calling out the bullshit on this forum for all the impressionable new people so that they can see "rocket lift off" declarations are posted every week. But alas, we'll continue to fall in value.

Night gathers, and now my bitcoinwisdom watch begins.
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August 26, 2014, 06:16:57 PM
 #24

I've noticed that all the major tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) have started to slowly pump since the beginning of the month.  IMO, this is a sure sign of a ramp up to new highs this fall.

If we look at Bitcoin, it was first knocked down a bit starting in the middle of the month, in order to liquidate the leveraged longs for better entry positioning.  Typical whale trader behavior (this happens in stocks too), before starting the next ramp up.  I believe this ramp is slowly happening now.  I guess we'll see how it plays out.
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August 26, 2014, 06:24:37 PM
 #25

I've noticed that all the major tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) have started to slowly pump since the beginning of the month.  IMO, this is a sure sign of a ramp up to new highs this fall.

If we look at Bitcoin, it was first knocked down a bit starting in the middle of the month, in order to liquidate the leveraged longs for better entry positioning.  Typical whale trader behavior (this happens in stocks too), before starting the next ramp up.  I believe this ramp is slowly happening now.  I guess we'll see how it plays out.

So are you buying those tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) ?




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Torque
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August 26, 2014, 06:31:31 PM
 #26

I've noticed that all the major tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) have started to slowly pump since the beginning of the month.  IMO, this is a sure sign of a ramp up to new highs this fall.

If we look at Bitcoin, it was first knocked down a bit starting in the middle of the month, in order to liquidate the leveraged longs for better entry positioning.  Typical whale trader behavior (this happens in stocks too), before starting the next ramp up.  I believe this ramp is slowly happening now.  I guess we'll see how it plays out.

So are you buying those tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) ?

I bought ~ $8000 of FB stock at $47/share back in Oct 2013, with the intention of holding until at least 2015.  But due to an unforeseen expense in March of this year, I had to sell at $68/share.  I still made money, but I was really upset at having to liquidate so soon.

Even at today's price of $75/share, I still wouldn't be surprised to see FB hit $100/sh or close to it by the end of the year.
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August 26, 2014, 06:33:36 PM
 #27

I've noticed that all the major tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) have started to slowly pump since the beginning of the month.  IMO, this is a sure sign of a ramp up to new highs this fall.

If we look at Bitcoin, it was first knocked down a bit starting in the middle of the month, in order to liquidate the leveraged longs for better entry positioning.  Typical whale trader behavior (this happens in stocks too), before starting the next ramp up.  I believe this ramp is slowly happening now.  I guess we'll see how it plays out.

So are you buying those tech stocks (Facebook, Twitter, Amazon, LinkedIn, etc.) ?

I bought ~ $8000 of FB stock at $47/share back in Oct 2013, with the intention of holding until at least 2015.  But due to an unforeseen expense in March of this year, I had to sell at $68/share.  I still made money, but I was really upset at having to liquidate so soon.

Even at today's price of $75/share, I still wouldn't be surprised to see FB hit $100/sh by the end of the year.


I bought at $26 and sold at $32....... Sad

Too high for me to touch right now, not confident enough.. rather gamble my money on bitcoin where I can hope for 5-10X returns




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nomoreasd
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August 26, 2014, 06:48:45 PM
 #28

Today the price has increased by about 10$, is this the end of the downtrend or is it too early to know?
exocytosis
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August 26, 2014, 07:14:51 PM
 #29

Today the price has increased by about 10$, is this the end of the downtrend or is it too early to know?


I'm pretty sure it's just a dead cat bounce that might peak at 530ish prices, if we're lucky.
We'll go back to 500 or less in a week.

But don't take this as investment advice. It's just my honest, subjective opinion.
maker88
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August 26, 2014, 08:06:02 PM
 #30

Indeed we have. Bitcoin and Namecoin holders have a wealthy future; not so Litecoin, Dogecoin and other shitcoin holders.



lol.... GTFO with Namecoin, would much rather put money in LTC

Why? Why does LTC sound more promising to you than NMC?

They both sound like scam coins. Namecoin is no different than doge.
Mellnik
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August 26, 2014, 08:08:06 PM
 #31

Aaaannd welcome to my ignore list  Roll Eyes.
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August 26, 2014, 08:09:05 PM
 #32

Aaaannd welcome to my ignore list  Roll Eyes.

Who?  The OP, Dustyrah, who created this thread in May of 2014?
Mellnik
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August 26, 2014, 09:02:58 PM
 #33

No that guy saying name aint other than doge.
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August 26, 2014, 09:09:48 PM
 #34

No that guy saying name aint other than doge.

 Cheesy  Carry on.
Sevvero
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August 26, 2014, 09:33:13 PM
 #35

We are out of the rut, if we come anywhere close to $1000 then we are not talking about 100s anymore and can start estimating BTC value in 1000s.

PS: Only those who still suck out of the mom's tits will sell at this time.
Hey idiot, it's August already. Where are the 1000's?
Wilhelm
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August 26, 2014, 09:47:03 PM
 #36


Bitcoin is like a box of chocolates. You never know what you're gonna get !!
maker88
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August 26, 2014, 11:21:18 PM
 #37


No that guy saying name aint other than doge.


lol oh boo hoo some dumb ass who has wild fantasies about a shitcoin being the next big thing ignored me. what ever will i do without his brilliant insights?!
Mellnik
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August 30, 2014, 05:17:14 PM
 #38

NMC has no community, LTC is the #2 alt coin with legit developers and community. The founder of LTC has ties with Coinbase and Bobby Lee.

When institutional investments get into bitcoin, and when they want to diversify into other crypto currency... they are going to pick something legit like LTC, not some shitcoin that's 50% pre-mined

Lool now I know why you said that. You bought LTC at the very top of the bubble (https://litecointalk.org/index.php?topic=11136.0). Facepalm.
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August 30, 2014, 05:19:31 PM
 #39

Yeah well, I guess we'll be going sideways for a while now. The train needs to accelerate some more. But I agree that it did look like we were going to go back on track to the moon at the end of May! But yeah, we still need some time apparently!

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August 30, 2014, 07:03:20 PM
 #40

Yeah, really seemed to be a solid lift-off back in May! We're now in a really uncertain state, and I personally am not really sure where we're headed at the moment! But I remain optimistic that we don't crash down to the $100s...

I should have gotten into Bitcoin back in 1992...
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