Thread: RIP Bitcoin

A few weeks of green always followed by a bit of blood red.
This is where your faith in your coin choices gets tested.

Gotta move some REP (22% of my alts) to XRP (16%). Balance that a bit more.

Me alts did 7% for the day, which is alright. 42% in 3 days.

I was going to cover it today but it looks like it's having a good day falling

I can't believe my luck, shorted at the high

Oh sorry I thought you already admitted that was an obvious lie LMAO

Some pretty big corrections across the board today....

unfortunately my account was verified yesterday so already going backwards!


First observation - the fees are outrageous and the transfers too difficult.
While people remain tied to fiat currencies there's no way the cryptos will ever have much of the markets - the shylocks are far bigger and greedier tahn the bank wankers.
Bitcoin will never become much because it doesn't work - can you imagine running a business waiting hours for transfers that just go into a void.

As an alternative to the casino or teh horse races its OK cos you don't have to leave the house!

Originally Posted by Ukan Kizmiaz

unfortunately my account was verified yesterday so already going backwards!

Haha, same here! Bad timing for us, since the gains over the past seven days are huge but today has seen about 10% corrections across all coins

Originally Posted by Luigi

Me alts did 7% for the day

And me BTC was -2.4%

Overall: 5.4% for the day.

Originally Posted by Plan B

A few weeks of green always followed by a bit of blood red.
This is where your faith in your coin choices gets tested.

So it's a bit like she's having her period then.


Don't spend too much time around her, wonder why you're with her when you do, then after a few days it's all great again.

Got it cheers.

learning curve/ beginners mistake - didn't pay the extra extra (just the extra) to move some BTC - so waiting 10hrs with the transaction in limbo.

I assume its because everyone else is paying WHATEVER is needed to sell their BTCs and have the capacity to pay the exorbitant rates out of the big (but diminishing) profits they've made.

BTC really is a flawed model. I guess I'm in for the long(er) haul whether I like it or not

Question - once I've initiated the transfer - I can't change the transfer fee I'm prepared to pay to get it done?

Originally Posted by Luigi

And me BTC was -2.4%

Overall: 5.4% for the day.

Almost all coins are waaaayyy down over the past 24 hours. Are the numbers delayed in some way?

Originally Posted by YourDaddy

As usual, teflers got in at the top of the bubble, eh?

LOL

Originally Posted by YourDaddy

It's all about the mighty dollar, plz don't get confused.

Of course it is. I don't think anyone but Earl is arguing otherwise...

Originally Posted by YourDaddy

But is it a pullback or a crash???

We shall see. But right now it is still in pullback

Originally Posted by redhaze

Almost all coins are waaaayyy down over the past 24 hours. Are the numbers delayed in some way?

Don't think so.

Ripple's 50% saved my portfolio and me from going over the balcony railings.

Wide, diverse range of alts. Kept me in the green yesterday. When 5 are doing slightly below average, just one with a rocket in its pocket is good enough to keep you green.


Heard rumors of Amazon about to announce Ripple as a payment option in the next day or two. Could be why they went up 50% in the last 24 hrs. Who da fuq knows, not me.

Originally Posted by Luigi

Ripple's 50% saved my portfolio and me from going over the balcony railings.

I own ripple but the math ain't working out for me like that lol.

Originally Posted by Luigi

Heard rumors of Amazon about to announce Ripple as a payment option in the next day or two.

you need to read up more about what ripple is - the difference between its blockchain and token and what exactly all these "partners" want to utilise

Originally Posted by YourDaddy

As usual, teflers got in at the top of the bubble, eh?

The litecoin guy sold off his last non existent coin and some people still think it's going to a grand.

I mean, what does it tell you when a coin creator sells it off for a fiat? It's all about the mighty dollar, plz don't get confused.

My guess is gold and platinum are about to take off once the confidence in this crypto sham is lost.

Gotta give it to Earl, he did call for a pullback.

But is it a pullback or a crash???

You decide by throwing your money in (or not)

fuck you're incredibly smart - in hindsight

what next? conflagration in the Balkans? Trudeau for PM?

Now is the time to buy imho.

Overall portfoilo is down 17% since yesterday. Wowsers.

Tron tanked hard

Originally Posted by Ukan Kizmiaz

fuck you're incredibly smart - in hindsight

what next? conflagration in the Balkans? Trudeau for PM?

I am just a masturbating spectator

Originally Posted by redhaze

Tron tanked hard

It did but it is still above where I bought it at. I bought Verge (XVG) last night after I was a few beers deep. I wished I waited overnight now. Oh well it is a long hodl for me anyway.