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Cryptocurrency |OT| Nothing from Money
- Thread starter Brandson
- Start date
DonMigs85
Member
Might wanna start with a lower-priced coin that has potential to shoot up in a few years, like ARK, RLC, or GNT. Maybe ANS or STRAT. Or you could risk buying 500 Tezos, which is around $260
NiiloPielinen
Member
Coinbase required me to identify myself with one id, when I tried to go to gdax, it wanted to identify myself with yet another id
If you're on Coinbase, you should take note what their fees are. For example, Litecoin is currently 43,49 eur and coinbase app says purchase fee is for one ltc is 1,99 eur. ETH is currently selling for 231.86 eur and sell fees for one ETH is 3,45 EUR.
Business
Member
Note you don't need to buy whole coins, this is not like stocks.
Tezos can't be bought with USD directly, right? Looks like I would need to get some ETH or BTC and pay with those?
ETH keeps testing $250. Fifth time now. I still can't decide if I should sell or not but with how frequently this is happening, I might just pull the fuck out at the end of this bounce. It feels like we're headed towards the $100 range in a month after how insane that rapid increase was last month.
edit: I pulled out at $254, and now it's at $247. I made the right decision, ETH is going to hit $100 before we see it return to where it once was.
edit: I pulled out at $254, and now it's at $247. I made the right decision, ETH is going to hit $100 before we see it return to where it once was.
Aztechnology
Member
I'm kind of frustrated with Bittrex. I just got back from Peru. I had a buy order set if Siacoin dropped to 540 (yes I'm ignoring the numerous 0's for simplicity) at one point. I cancelled that order as I saw the market shift happening. Two days later, it still went through. Now I was able to buy many more Siacoin as I had taken profit at like 780 and bought originally at 440. But I could have bought way more with my profits now. Do limit but orders usually not cancel immediately? Is there a several day waiting period or something before it actually clears?
walking fiend
Member
Its daily momentum was reversed on June 21st and it hasn't recovered since:
walking fiend
Member
Its market cap was mightily bloated since day 1st of exchange. It's not worth even $0.10, maybe $0.01? Its ICO was for 500 BTC IIRC, and then wasn't publicly traded until its market cap suddenly increased to ~500,000 BTC when it went public. It's one of those coins that will crash heavily.
Have 30 in IOT but never cared about it again. Stocked up on Siacoin now since i still think it's promising longterm and Sia is already using a product, compared to other coins.
Reduced my ETH a while ago but going to hold my last ETH coin ...
. Let's see if walking fiend is right.
Holy shit at the hassle with Poloniex and getting my 2FA sorted with the support (sent my phone in to repair and swiped it, not having the backup code for the 2FA google authenticator ).
Reduced my ETH a while ago but going to hold my last ETH coin ...
. Let's see if walking fiend is right.Holy shit at the hassle with Poloniex and getting my 2FA sorted with the support (sent my phone in to repair and swiped it, not having the backup code for the 2FA google authenticator ).
This then assumes that the buyers fully understand what they're buying. I would say the opposite is more true in crypto, especially for a coin that just had, or continues to have, its ICO. Over time, more EOS holders will understand what it is, what it isn't, and how many EOS tokens there will be. At that point, TA might be more accurate at extrapolations for that coin, but it's a big risk to trade solely on that analysis right now.
CaptainZombie
Member
The market is in big time red. So annoyed with Gemini, deposited money over the past weekend and it still hasn't cleared for some BTC......today is a good buying day.
We're on a very clear downward trend for over a month now and nothing in sight that would give it reason to reverse. Might want to hold off on buying until it bottoms out even lower.
Lilalaunebaer
Member
There´s really no reason to stress over buying right now because it´s "cheap" now. It´s cheap compared to the all time highs, but pretty much everything is still like 1000% or more up from half a year ago.
Don´t fret and if you want to buy coins, i´d recommend buying over time. Don´t put all your money you want to invest into coins at once. Spread that shit.
Don´t fret and if you want to buy coins, i´d recommend buying over time. Don´t put all your money you want to invest into coins at once. Spread that shit.
CaptainZombie
Member
Yeah. I want to get some more Strat and ANS, it's looking like both might be going a bit lower. Just stinks that my funds haven't cleared since I don't want to lose out on a low.
I probably should have cashed out my Eth, some charts are showing we could get back down to the $100 mark which would be a good time to pickup some more with the profit.
DonMigs85
Member
Yup, and I think it could be worthwhile as long as you don't mind potentially losing money
DonMigs85
Member
https://www.forbes.com/forbes/welco...rer=android-app://m.facebook.com#2756f1b16261
Sigh... All I can do is dream
Sigh... All I can do is dream
Wow.. I wonder how many other people have done that off of crypto..
Ahh, well.. Golem's really dropped. I like the idea of GNT so I might put a little bit into it
Decided to get out of ETH on a recent upswing for now. Having looked at the ETH reserves left in the EOS and Tezos wallets, I agree that it will be giving USD$200 a thorough testing soon, and possibly $180 and $150 as well. I will get back in after seeing what happens with those stockpiles, and if buy volume materializes or not. If there are any upswings in the meantime, so be it. The risk of further collapse is too great for me right now.
Bonfires Down
Member
For the most part, yeah. Dash and Litecoin are on a slow rise though.
DonMigs85
Member
Problem is RLC appears to do a lot of the same thing and is based in France rather than Poland. I'm torn between them
Up to you but a few thoughts on Tezos: Tezzies don't exist yet so trying to trade keys manually with someone is a huge risk, and buying during the ICO won't net you the max bonus amount anymore.
A less risky strategy, amazingly, would probably be to get some Antshares during a downswing.
DonMigs85
Member
Yeah maybe I should wait for Tezzies to actually show up on an exchange first. There's probably a good chance they might hit at least $5 by next year right? Antshares went from 20 cents to over $8 in a span of two months.
CaptainZombie
Member
I lost a bit on Sia initially, when it went back up a little bit a few weeks ago I sold so the damage wasn't as bad. I still think that ANS is going to be huge, and with this bloodbath the last few days before the weekend it hasn't dropped that much out of most of the alt coins.
DonMigs85
Member
Sure wish I bought ANS back in April
CaptainZombie
Member
That makes two of us. I think even buying now is not a bad price. I got lucky a few weeks back when we had the first initial huge drop where I was able to get a bunch at $5. I'm waiting for money from last Sunday to still clear through Gemini so I can get some more ANS. I keep reading and hoping when it changes to NEO that it does help a lot to get the price back up, but I do like the little ant branding. LOL!
DonMigs85
Member
You think it's possible that Tezos could at least be as successful as Stratis and maybe hit at least $5 by next year?
CaptainZombie
Member
It is possible. I've read on a few other forums of people thinking it might do well as a long term coin, but I haven't done much research in Tezos.
DonMigs85
Member
Stratis is another one I regret since it was only a few cents August last year.
Probably a huge move coming soon. Volume has been really low lately and it won't stay like this for long. Right now could be a good buying opportunity, but it's probably safer to wait for confirmation of a direction with volume then buy.
BTC fork (Aug 1) is also getting closer. My hunch is that the big money is staying on the sidelines for now until it happens. I expect the fork to be a non event for the most part and crypto prices across the board will go up probably, but who knows
The lack of volume on ETH makes it hard to read but the threat of around half a million ETH being liquidated by Tezos and EOS shortly is still looming. The 40 ETH buy or sell bot every 30 seconds on GDAX is still trying to cause swings one way or the other on a daily basis too. Watching for that can sometimes predict some short term movement.
Ethereum continues to get written about in more and more mainstream publications as well. It's only a matter of time before that has an effect too. Weighing all that at once, plus other factors like Bitcoin's price movement influence, and what TA indicates, is making ETH's next big movement hard to predict.
Ethereum continues to get written about in more and more mainstream publications as well. It's only a matter of time before that has an effect too. Weighing all that at once, plus other factors like Bitcoin's price movement influence, and what TA indicates, is making ETH's next big movement hard to predict.
If the Tezos people do what they say, and they launch their blockchain in a few months, XTZ will become tradeable on exchanges then. If that happens, and Tezos doesn't just take their money and retire first, the price will initially pump, but then probably settle down to under the ICO price after a few months as the ICO gamblers lose interest. It may be worth buying around October/November. If it continues to have an inflated price all year, I plan to avoid it. Ethereum could try to implement all of Tezos' ideas though so while Tezos could be a cool system eventually, it might still not be worth buying. It is worth watching its development progress though for sure.
DonMigs85
Member
Last year I don't think Stratis had this much mindshare and look where it's at now, trailing ANS.
Aquavelvaman
Banned
It's funny that right after ETH started getting regular mentions in big publications, the price crashed, slightly recovered, and then we've been in a bear market ever since. It's still getting regular press and the price is still sinking. The weeks before that the price was sky high and none of the big papers were writing about it.
The average person would appreciate an easier and less suspicious way to buy crypto. If you could just buy ETH through your broker, there would be a lot more buyers I think. You have to take quite a leap of faith dealing with even the best crypto exchanges right now.
I think ETH is headed for fucksville before it has any chance at recovering. People have been saying at every major loss that ETH can't go any lower, and it does. The delusional ethtrader subreddit was saying for ages that 250 support is do or die, and now they're trying to backpedal and say 220 is the REAL do or die line.
It suffered because of all of the popularity while still being way too early for big company investments to even be coming in yet. Its future is good, but we could be talking a year until it sees 400 again.
Aquavelvaman
Banned
The ethtrader subreddit is 100% propaganda
Chezzymann
Member
Guys stop buying graphics cards for mining I need one for MSRP
Probably not but that investor makes out great from the ICO alone, from what I read. He would make more if the price skyrockets, but he wins anyway. He didn't invest for the benefit of other people. It's not clear how much he really cares whether Tezos really delivers or not.
Aztechnology
Member
I want to buy some Stratis and Golem to diversify my portfolio a little. But it's looking like I might want to wait a little longer. Everything is on a steep slide still.
DonMigs85
Member
Yeah, Sia dipped below 1 cent now.
And I'm still torn between Golem and iExec/RLC
NiiloPielinen
Member
Let's see if I can read this chart right:
on tradingview, coinbase ltceur with moving average 50 and moving average 200 with 5 day interval
Ma 50 is about to go under MA 200 which means the price is on a downward trend, however MA 200 is increasing so it might bounce up again?
on tradingview, coinbase ltceur with moving average 50 and moving average 200 with 5 day interval
Ma 50 is about to go under MA 200 which means the price is on a downward trend, however MA 200 is increasing so it might bounce up again?
Stakeholders and developers starting to realize that .Net framework is dying? Good luck trying to develop applications to the platform if nobody is willing to develop using the framework.