TinEye
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December 15, 2014, 11:44:14 AM |
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* XRP, when it was at 0.0049 each I purchased like 19,000 XRP, now I see that I should have purchased more (Hey, I didn't knew at that time if XRP was going to continue going down, I saw it oscillate between 0.0049 and 0.0047 which hinted me that it might go further down, then I forgot about XRP, then fast foward exactly 40 days later I see 0.0135 and I said, NO WAY! I bet it wont go any higher and it will start going back down, I was hesistant so I didn't purchase more at that price, only when I saw it go to 0.0159 was that I started to panic buy and I sent 3 BTC from my coinbase account to kraken and purchased a few thousands XRP so my XRP total balance now reads 95,000 while I day dream of the day where XRP might reach the price of 25.00 each so that I can have 2.3 million dollars, and the speed I see XRP going up this can be totally possible within a few more years, so this XRP buy will be a long term hold wait-and-see...
Bad move, the pump was quite dubious. If you were a previous holder that was fine, but for all those got in later there's some major heartburn left. From the rest of your post it looks like you are loaded so it should not matter much.
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jacktheking
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Personal Text Space Not For Sale
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December 15, 2014, 11:49:47 AM |
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I currently have two hundreds ForumCoins. And I plan to continue 'mining' it. ForumCoin is not a clone of Bitcoin. Instead, you earn by posting on forums. Second to Bitcoin, Stellar. I have about two hundreds Stellars. Someone I know, invested in 100,000 stellars.
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So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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FNetV1
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December 15, 2014, 12:05:15 PM |
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TinEye, so are you saying that it was a bad idea to get into the XRP scene at 0.0159? You dont see XRP going up any further? According to ripplecharts max time trame for USD/XRP about last year ago it went to 2.3 (I believe) before it started going down due to some protocol's problem that I can't remember now and am too lazy to re-research it again. But it looks like these ripple problems that plagued the protocol looks fixed and the coin is finally out of "Beta", and banks are starting to get into it, banks all over the world seems to prefer ripple over bitcoin which should tell me that there should be hope for ripple's market cap to keep on increasing, for me, it looks like today's (now) price of 0.0177 is just the tip of the iceberg, I don't know if I have these feelings because I invested all of my remaining bitcoins (3) on ripple and would be devastated if it goes back to 0.0049 (you know, the investor's hope), but my feelings seems to have some fundamentals, seeing all these banks getting into ripple.
Also, people on the bitcoin scene keeps on talking about bitcoin being "over sold" and having lots of downward pressure, so if bitcoin comes crashing down hard while XRP stays afloat or rising, then I would have more bitcoins with me if I decide to sell some back to BTC. Lets say BTC crashes to $100.00 and my 95,000 XRP is at 0.0177 thats $1,681 / $100 thats 16.8 BTC and then bitcoin comes back to $350 and I would have $5885. Now, in the other token, if I see BTC crashing hard and I didn't purchase any XRP, then I would feel equally devastated, so its damned if you dont buy XRP or damned if you buy XRP (if you would like to see it that way)
If you think that ripple will indeed come crashing down once again, specially if soon then let me know, at least with some facts that I can read for my self, because I have spend lots and lots of hours researching XRP before I made my investment and lots of more hours researching XRP after my investment to see if I made the right decision, but I may have missed something that you can help me clarify.
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~~Ad Space Available! PM: FNetV1 with your offers~~
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SirChiko
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December 15, 2014, 12:06:47 PM |
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The only two. Bitcoin and Litecoin. Some say they are both dead or one is dead. Split up your investment portfolio to both. 70/30 mix if you are not a fan of litecoin (for whatever reason). Don't fall for the other crap.
Why not to invest to doge too? They sometimes grow in price. Ripple bubble ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's too late to invest into doge, or too risky.
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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K210
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December 15, 2014, 12:09:35 PM |
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ppc and ltc
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awais3344_1
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December 15, 2014, 01:02:27 PM |
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*insert the name of coin bagholding here*
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extrabyte
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December 15, 2014, 03:38:05 PM |
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all new coins are basically like betting on sport, you lose 90% or you win 1000 %
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e-coinomist
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Money often costs too much.
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December 15, 2014, 08:01:24 PM |
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all new coins are basically like betting on sport, you lose 90% or you win 1000 %
Have to agree on that one. Timing is important. If you mined that new coin from beginning, it is those 1000 % If you buy, you get them 90 % I hold ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) coins, "because" ... and that because has to be reasonable. "It can only go up, up and up" is no valid reason. "To the moon" is no valid reason. When reading a newbie account reasoning the next freshman into the last phase of a pump&dump scheme that way, I tend to believe Crypto will fail on the long term, inevitable outcome. A reasonable "because" has to be a hard fact. That goes beyond beeing all shiny. Take a coin between fingers and inspect it up close. What makes it unique or innovative? Where will be a market where it gets some use at least? Even Bitcoin has to struggle on that last one now. The "black markets" argument has expired at least since the n-th Silkroad gone busted.
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princesocapuyo
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Presale is live!
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December 15, 2014, 08:56:18 PM |
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I only invest on BTC, but sometimes I spend 5 minutes of my day earning some other altcoins like Doge or XRP. I don't really invest much money onto any crypocurrency though, too risky IMO and I don't have the spare money to invest a decent amount.
As many people said before, XRP has a bright future, but many other altcoins could have one as well. It's practically a gamble, so that's why I don't bother investing anything other than my time in them (and a bit of effort of course)
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Gio344
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December 15, 2014, 09:14:07 PM |
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IMO DOGE has plenty of potentials for more growth and it had plenty already.... and in emmm CLAM. mostly it's just a bump-dump thingy but it is interesting so far.
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pajak666
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December 15, 2014, 09:28:30 PM |
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LTC for the win!
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MicroGuy
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Twitter @realmicroguy
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December 16, 2014, 04:17:59 AM |
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what is your other choice for investment for a virtual currency after bitcoins?which virtual currency could gain value in the coming months?dogecoins?ethercoins?litecoins?
The currency that will surpass Bitcoin in popularity is Goldcoin. However, the greatest unknown at this point is: at which point in time.
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ltcminer7
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December 16, 2014, 04:35:30 AM |
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LTC ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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chesthing
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December 16, 2014, 06:22:18 AM |
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romerun
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Bitcoin is new, makes sense to hodl.
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December 16, 2014, 06:56:48 AM |
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I invest in my life after Bitcoin and Counterparty of course.
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btcxyzzz
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Monero - secure, private and untraceable currency.
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December 16, 2014, 10:33:03 AM |
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Bitshares (BTS) and NeosCoin (NEOS)
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NeuroticFish
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Looking for campaign manager? Contact icopress!
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December 16, 2014, 10:38:38 AM |
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I don't have a BTC amount that counts, because I don't think that it can grow 100x from where it is now.
I have small amounts of altcoins though, basically the ones I could "catch the train" when they were very-very young. The biggest "assets" I have in DOGE and XMR.
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TinEye
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December 16, 2014, 11:42:24 AM |
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TinEye, so are you saying that it was a bad idea to get into the XRP scene at 0.0159? You dont see XRP going up any further? According to ripplecharts max time trame for USD/XRP about last year ago it went to 2.3 (I believe) before it started going down due to some protocol's problem that I can't remember now and am too lazy to re-research it again. But it looks like these ripple problems that plagued the protocol looks fixed and the coin is finally out of "Beta", and banks are starting to get into it, banks all over the world seems to prefer ripple over bitcoin which should tell me that there should be hope for ripple's market cap to keep on increasing, for me, it looks like today's (now) price of 0.0177 is just the tip of the iceberg, I don't know if I have these feelings because I invested all of my remaining bitcoins (3) on ripple and would be devastated if it goes back to 0.0049 (you know, the investor's hope), but my feelings seems to have some fundamentals, seeing all these banks getting into ripple.
Also, people on the bitcoin scene keeps on talking about bitcoin being "over sold" and having lots of downward pressure, so if bitcoin comes crashing down hard while XRP stays afloat or rising, then I would have more bitcoins with me if I decide to sell some back to BTC. Lets say BTC crashes to $100.00 and my 95,000 XRP is at 0.0177 thats $1,681 / $100 thats 16.8 BTC and then bitcoin comes back to $350 and I would have $5885. Now, in the other token, if I see BTC crashing hard and I didn't purchase any XRP, then I would feel equally devastated, so its damned if you dont buy XRP or damned if you buy XRP (if you would like to see it that way)
If you think that ripple will indeed come crashing down once again, specially if soon then let me know, at least with some facts that I can read for my self, because I have spend lots and lots of hours researching XRP before I made my investment and lots of more hours researching XRP after my investment to see if I made the right decision, but I may have missed something that you can help me clarify.
I can't predict exactly what is going to happen. I am saying that it has gone up too fast too soon without any substantial increase in demand. This usually happens when new investors get caught in the hype and buy up thinking they will miss a rally and then when they realise there is not enough profit or even loss they start selling off. It may still go up, but very likely its going down. The risk is much higher at this point.
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sumantso
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December 16, 2014, 03:04:07 PM |
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I largely refrain from mentioning Bitshares as I know people one here are very cynic and tend to look upon anybody posting his coin as trying to pump it up. In the last year I may have probably mentioned it less than 10 times.
My point is check it out. I believe it has the potential to revolutionize our society, provided it doesn't get gazumped by other projects which copy it and have better marketing. Even if it fails I am sure the philosophy and ideas will stay on and work as intended.
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davidpbrown
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December 16, 2014, 03:18:55 PM |
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Value follows from utility, so I would suggest there are different classes to be considered.
Class 1: Money BTC certainly; PPC maybe; LTC perhaps - any other with a large community consensus. Volatile and really more like investment than money. Those that survive will have good number of devs; good size consensus==community; and good utility as spendable currency. Stick with BTC.
Class 2: Money transport Ripple XRP - limited short to medium term potential but only for large players, everyone else loses and I expect it might fall apart into a duopoly or monopoly as Class 3 does remittances better.
Class 3: Tokens with value pegged to match other assets BitShares bitUSD, bitGOLD etc - Huge potential to be practical and useful in the real world as currency that's not volatile like Class 1 investments.
Class 4: Tokens that are explicitly linked to real world assets CounterParty; Mastercoin; BitShares DACs and perhaps Ethereum all have huge potential here - This is where the big money from business will go - real world asset ownership and potential for distributed businesses.
Class 5: Zero value applications, such as private key signing. Interesting proof of person application in the long run.
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฿://12vxXHdmurFP3tpPk7bt6YrM3XPiftA82s
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