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Cryptocurrency |OT| Nothing from Money

T

TheDoldrums

Member
syllogism said:
OKCoin and Huobi appear to have announced that they are only stopping CNY -> Crypto trading on October 31st, which would seem to imply crypto trading will otherwise continue. Google translate also says this "A decision is not the end, but a new start, the industry is more healthy and more compliant development of the beginning, OKCoin currency line will continue under the premise of compliance, for the customer service."

https://twitter.com/cnLedger/status/908687698738556928
Click to expand...

No, that can't be right. China banned bitcoin. I read it right here in this article:

http://www.npr.org/sections/thetwo-way/2013/12/05/248967111/china-bans-bitcoin-trading-by-banks

Edit: Sorry gang, that's an article from 2013. I'm trying to remove it. Really sorry.
 
G

Ghost

Chili Con Carnage!
hmm, might have sold up at the wrong time...ah well pointless trying to catch up now, I'll bide my time to buy back in.
 
C

commish

Jason Kidd murdered my dog in cold blood!
gaming_noob said:
My older coworkers has kept bringing up that the market is dropping the last few days as if they are happy to see I'm not making any money. I shouldn't have told them I went in big. Can't wait to show them my portfolio in a year or two.
Click to expand...

I have people doing this to me all the time. "Just saw BTC went down 10%. Ouch." I just say "Patience".

Edit: God damn this market is volatile. I just refreshed my portfolio app and the jump in value was ridiculous.

Anyway, I said it before and I say it again, I think NAV is the best value atm at this discounted price... if you are patient!
 
S

Sulik2

Member
commish said:
I have people doing this to me all the time. "Just saw BTC went down 10%. Ouch." I just say "Patience".

Edit: God damn this market is volatile. I just refreshed my portfolio app and the jump in value was ridiculous.

Anyway, I said it before and I say it again, I think NAV is the best value atm at this discounted price... if you are patient!
Click to expand...

Its absolutely nuts, saw eth down to $207 and not even the weekend yet, so I sold my last eth for cash, figured I would buy back when it got down around $150. Now back up 30% in 3 hours. Live and learn I need to stop trying to day trade.
 
K

KPJZKC

Member
commish said:
Anyway, I said it before and I say it again, I think NAV is the best value atm at this discounted price... if you are patient!
Click to expand...

What exactly is it about NAV that you're expecting to be so successful? I see it mentioned a few times in here specifically but not much elsewhere/know very little about it.
 
C

csquared587

Member
If I didnt have to work at 3am all month I would have missed all of this garbage. It does wake me up better than coffee lately though haha.
 
C

commish

Jason Kidd murdered my dog in cold blood!
KPJZKC said:
What exactly is it about NAV that you're expecting to be so successful? I see it mentioned a few times in here specifically but not much elsewhere/know very little about it.
Click to expand...

I'll try to post more when I have time, but it's basically another privacy coin, and I think privacy is going to be a key feature of crypto in the future. NAV is already back up 50% from yesterday but definitely down from its ATH. Still under a buck.
 
C

CaptainZombie

Member
commish said:
I'll try to post more when I have time, but it's basically another privacy coin, and I think privacy is going to be a key feature of crypto in the future. NAV is already back up 50% from yesterday but definitely down from its ATH. Still under a buck.
Click to expand...

Yeah, NAV seems like a solid coin from what you have been saying a few things I've read. Pivx is another good one to get into, but it is a bit over $3 right now.

I do think this could be a deadcat bounce, everything went up way too soon. This is what has been happening each single day for the last few days and with each passing day we keep dropping even more in marketcap.
 
B

Brandson

Member
Well I miscalled that one, and wasn't near a computer during the reversal. Oh well.

In past downtrends like the one we just had, there is usually at least one serious bounce (like what happened today), followed by some consolidation, then a resumption of the downtrend. Not saying that will happen here, but it's possible. You'd think the news of Huobi and Okcoin closing fiat trading would have had a more negative effect than it did. That leads me to believe that this rally was more driven by some seriously large shorts closing and taking profits. I don't think this is over.
 
T

The Rizza

Member
Donos said:
Now for the weekend dip.

Seeing ARK at sweet 2.20 €, I almost wished i was at work and not at vacation...

Interesting 2 page article about ICOs/crypto in last weeks german printed Magazine Spiegel and news about the china shenanigans on their web (Spiegel online) today. Both in german.
Definitely getting more attention by "mainstream".
Click to expand...

Gahhh I hope ARK takes a lil weekend dip tomorrow
 
D

Donos

Member
tzare said:
Btw guys, any decent app for Android ?

coinmarketcap web is not very mobile friendly
Click to expand...

For what? Tracking your portfolio or specific coins?

A lot use Blockfolio but you have to enter everything manually. TabTrader is another popular one and has API support.
Then there are a bunch of sites to track coins/tokens which work good on mobile. Cryptocompare, altpocket.io etc.
 
T

tzare

Member
Donos said:
For what? Tracking your portfolio or specific coins?

A lot use Blockfolio but you have to enter everything manually. TabTrader is another popular one and has API support.
Then there are a bunch of sites to track coins/tokens which work good on mobile. Cryptocompare, altpocket.io etc.
Click to expand...
Since my portfolio is limited now, tracking a few coins would be more interesting.
Will check the ones you said and also those webs.
Thanks!
 
C

criesofthepast

Member
When you think you know what the market should do based on trends (weekend sell off) always do the opposite.

Crypto makes no sense. So whatever your gut tells you. Do the opposite. Profit?

Feels bad. I put in a buy order for OMG at $6.29 before going to bed last night. It bottomed at $6.50. Fucking greed for the extra 21 cents and I was going to put the order at $7 originally. And now its $10 lol.
 
L

Lilalaunebaer

Member
Got a verge order fullfilled that i had set up like 2 weeks ago. Another 60k for 108 satoshis to the pile. So the "crash" did something nice for me.

Also the verge wallet takes like forever to open on windows. Like come on.
 
C

commish

Jason Kidd murdered my dog in cold blood!
CaptainZombie said:
Yeah, NAV seems like a solid coin from what you have been saying a few things I've read. Pivx is another good one to get into, but it is a bit over $3 right now.
Click to expand...

Yeah, PIVX is another I have my eye on but probably not at $3. Btw, NAV more than doubled since yesterday. The volatility is ridiculous.
 
T

The Rizza

Member
Is EtherDelta's UI really that bad where someone would accidentally purchase DNT for 500+% it's current price? Or does blockfolio glitch out a lot? See it happen quite often
 
C

Cipherr

Member
Strange... ARK in particular is WAY off from sites like coinmarketcap and other exchanges in some cases by 12 cents or so compared to the live price on Bittrex. Right now the site is 12 cents spread.
 
C

Crispy

Member
Looks like BTC is falling again...which part of the world just woke up? :p

Edit: Sorry called it too soon, seems like just regular fluctuations
 
T

ty_hot

Member
At least for me (in europe), most of the days i go to sleep at one price and next morning its at least 3% lower (in the last few days its usually less 10% or so lol). Ofc the day that I will decide to sell in the night to rebuy in the morning it wont happen.
 
C

Cipherr

Member
Not this weekend satan....

I took my gains from this pop back and timed it pretty well earlier, and pulled everything except my Monero so far (even my ARK when it was at $4.17 earlier) and put it into USDT just about a few hours ago. I'm expecting the weekend dip, Im going to hold this money in basically a tether to the dollar and give myself a chance to buy everything lower. ARK is already down to $3.85 on Bittrex and even BTC is down from the $3800+ peak where about I sold. Im not planning on changing my percentages into ARK and BTC, Im just not interested in eating the normal dips, so I cashed out higher and will hope to see stuff dip a bit over the next day or so, and Ill re-buy the same coins but slightly lower and end up with more of it.
 
T

TheDoldrums

Member
criesofthepast said:
Saturday morning in China. Let the real selloff begin. Sub $2000 here we go.
Click to expand...

All China is doing is stopping fiat to btc trades. Why would you sell your crypto for fiat in that case? It's not illegal to own it and if you cash out you're making it much tougher to re-enter the market.

It's like every Chinese person already in crypto has been grandfathered into the market. Don't know why people would throw that away, but all of this is crazy so who knows.
 
G

gooderthanu

Member
As a noob I followed GAF advice and got ARK and BAT. I used to have XRP/ripple only but I felt there was too much market cap for it to move much higher.

So far GAF has led me well. I wish ARK was cheap again lol
 
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