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sugarboy321
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October 10, 2014, 12:35:48 PM |
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any news expected today besides cloak having asked Dan for a review.  , haha, talking bout reputation. i mean who is left to ask to review XC come the time. satoshi himself Potcoin, scamcoin, IRS coin, |
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holyprofit
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October 10, 2014, 12:40:06 PM |
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missed you, arlyn! had a lookskie at the volume chart on bittrex (which brought me over here) ...looks like someone's starting to get giddy. sweet! ...p.s. i was happy to see about the incorporation. i had a feeling a while back that dan was going to have to do that with his tech. you guys are most certainly my faves Indeed - some pretty heavy accumulation taking place on trex over the past few days. Guys you obviously have no experience of trex, it is someone buying and selling to themselves to get us on the top page... So this im happy about, but its not accumulation..... This is why I liked mint - you didnt get those type of games... IF someone really wants to accumulate there are 12,000 for sale at cryptsy at 130k... Not so sure - if it was bots selling to themselves I'd expect to see lots of small trades, not big buys like we've had from 8th October. But anyway, I'm happy to see good volume now. |
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Crypto-in-tha-blood
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October 10, 2014, 01:35:26 PM |
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missed you, arlyn! had a lookskie at the volume chart on bittrex (which brought me over here) ...looks like someone's starting to get giddy. sweet! ...p.s. i was happy to see about the incorporation. i had a feeling a while back that dan was going to have to do that with his tech. you guys are most certainly my faves Indeed - some pretty heavy accumulation taking place on trex over the past few days. Guys you obviously have no experience of trex, it is someone buying and selling to themselves to get us on the top page... So this im happy about, but its not accumulation..... This is why I liked mint - you didnt get those type of games... IF someone really wants to accumulate there are 12,000 for sale at cryptsy at 130k... Not so sure - if it was bots selling to themselves I'd expect to see lots of small trades, not big buys like we've had from 8th October. But anyway, I'm happy to see good volume now. I can assure you that some of that activity on trex since Oct 8th, has been actual buying. I was forced to sell all of my XC about 2 months ago. I'm just now buying back in. Nothing crazy but I have bought close to 5k. |
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holyprofit
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October 10, 2014, 01:40:17 PM |
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It means 12 months on from Silk Road you get to break out your incontinence pants again. |
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JakeThePanda
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October 10, 2014, 01:51:05 PM |
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I don't know what the pessimistic people are thinking... BTC was near 700 bucks back then. Now, BTC is below 400 bucks. XC actually holding at above 120k+ Satoshi means that if you would have bought into XC back then, you would have prevented the lost of nearly 50% of your btc value.
Just think about that for a minute. Stop whining about how "horrible" the price is and look at the whole picture....
Interdasting. What was the price of XC when BTC was at 700? I can't quite follow your logic unless I know what price you are quoting XC at. |
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battbot
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October 10, 2014, 02:17:56 PM |
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I don't know what the pessimistic people are thinking... BTC was near 700 bucks back then. Now, BTC is below 400 bucks. XC actually holding at above 120k+ Satoshi means that if you would have bought into XC back then, you would have prevented the lost of nearly 50% of your btc value.
Just think about that for a minute. Stop whining about how "horrible" the price is and look at the whole picture....
Interdasting. What was the price of XC when BTC was at 700? I can't quite follow your logic unless I know what price you are quoting XC at. His logic is illogical, that's why you can't follow  |
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JakeThePanda
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October 10, 2014, 02:23:28 PM |
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I don't know what the pessimistic people are thinking... BTC was near 700 bucks back then. Now, BTC is below 400 bucks. XC actually holding at above 120k+ Satoshi means that if you would have bought into XC back then, you would have prevented the lost of nearly 50% of your btc value.
Just think about that for a minute. Stop whining about how "horrible" the price is and look at the whole picture....
Interdasting. What was the price of XC when BTC was at 700? I can't quite follow your logic unless I know what price you are quoting XC at. His logic is illogical, that's why you can't follow Ok, it's not just me. There's some weird math going on in this thread the last couple of days. What are they teaching kids in school these days? |
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Driv3n
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October 10, 2014, 03:29:23 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
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the_game1224
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October 10, 2014, 03:39:17 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. |
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laredo7mm
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October 10, 2014, 03:44:31 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. $15 is a lot? That is the argument they are making. That the dollar value of XC has only dropped by 15 as opposed to if you kept your BTC. 0.8 BTC at $600 = $480 0.8 BTC at $356 = $285 |
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JakeThePanda
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October 10, 2014, 03:49:00 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. |
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the_game1224
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October 10, 2014, 03:49:21 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. $15 is a lot? That is the argument they are making. That the dollar value of XC has only dropped by 15 as opposed to if you kept your BTC. Yeah I get that. But the numbers are skewed depending on the dates you pick, overall the trend has been down which is only multiplied by the BTC drop. If you bought at the end of May or beginning of July they might not look so good at all compared to holding BTC. May 28th XC was .0049 June 4th it was .0008 July 5th is was .003 |
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the_game1224
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October 10, 2014, 03:51:38 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. |
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JakeThePanda
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October 10, 2014, 03:57:45 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. If I was a betting man and there was somebody that could do the analysis, I would say that XC has spent much more time above the current price then below it. Do you know what that means? It means that on average you would have been better off holding BTC, assuming the holding period is still ongoing. A much better comparison would be to analyze the performance of XC against other altcoins, not versus to holding BTC. |
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the_game1224
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October 10, 2014, 04:00:35 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. If I was a betting man and there was somebody that could do the analysis, I would say that XC has spent much more time above the current price then below it. Do you know what that means? It means that on average and you would have been better off holding BTC, assuming the holding period is still ongoing. A much better comparison would be to analyze the performance of XC vs. other altcoins, not relative to BTC. Completely agree. |
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JakeThePanda
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October 10, 2014, 04:04:36 PM |
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CryptoGretzky probably means if you bought when we were in the 80-100k range back in June when BTC was at 600+ you'd be doing well.
1000XC at .0008 when BTC was $600 = $480 1000XC at .0013 now = $465 I've never understood when people say "bitcoin has dropped a ton but altcoin A hasn't". Since the value is tied to BTC yes it has dropped a lot. You can't just pick any point you want on the chart and make a reasonable argument. I can pick a point when XC was trading at .005 and if you bought then it would be a horrible investment relative to holding BTC. You can also pick a point when XC was trading at .0002. Like Synechist said, the initial pump is a different type of phenomenon. Choose points after the initial pump and maybe even after the second pump when it went back to .003. This is exactly my point. It has been stable in BTC value since the second .003 pump while BTC has decreased and since the value is tied to BTC it also has decreased. If I was a betting man and there was somebody that could do the analysis, I would say that XC has spent much more time above the current price then below it. Do you know what that means? It means that on average and you would have been better off holding BTC, assuming the holding period is still ongoing. A much better comparison would be to analyze the performance of XC vs. other altcoins, not relative to BTC. Completely agree. To expand on this. Since I was around during the initial altcoin pumps of Litecoin and Namecoin, it's been a trend that during a BTC bear market, you are better off selling out of altcoins and holding BTC. Most altcoins that aren't in the initial pump stage perform terribly relative to BTC when BTC is down trending. |
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hoertest
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October 10, 2014, 04:05:57 PM |
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any news expected today?
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Mountaingoat
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October 10, 2014, 04:24:37 PM |
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any news expected today?
I haven't seen anything yet. |
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