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Oct 25, 2017
4,179
When coins disintegrate like this I sometimes wonder if people pick up some at low prices just so they can say "lol I have some Bitconnect"

The Bitconnect dollar value may have plummeted through the floor but it's meme value is at an All Time High.

It's super funny. The market cap is 44.5m right now.

What on earth.
 

tommy7154

Banned
Oct 25, 2017
5,370
Sweet better hop on that E-Coin! What could go wrong? At this rate I'm going to retire tomorrow. Suckers!
 

Brandson

Member
Oct 26, 2017
2,219
now I feel the same way hoping for it to pass 7.5k haha

I've learned to not get excited about big moves anymore. If you feel less on the way up, you feel less on the way down, and have a better chance of seeing the moves more clearly. Emotion gets in the way. I'll let myself be happy when I eventually cash out.
 

Serviam

Member
Oct 27, 2017
87
Sweden
Brandson, Is now the second try to hold the 750 1h candle?

I've beed following this thread for a while but not posting. Been enjoying the ride. So, hi CryptoEra
 

Wimps

Member
Oct 27, 2017
467
I'm a big fan of Mark Warner, personally. Very knowledgeable and rational on a wide range of subject matter.
Don't know him unfortunately. Not from the States.

Saw some videos of Warner a while back. She interviewed some dicks from Wall Street that were balls deep in the financial crisis. She gave them a hard time. Didn't know she was in this hearing as well. So it made me smile to see that she took the same approach when she was asking her questions.
 

Brandson

Member
Oct 26, 2017
2,219
Don't know him unfortunately. Not from the States.

Saw some videos of Warner a while back. She interviewed some dicks from Wall Street that were balls deep in the financial crisis. She gave them a hard time. Didn't know she was in this hearing as well. So it made me smile to see that she took the same approach when she was asking her questions.

I'm not from the States either. :) I've just seen Warner pop up on various live hearings and have been impressed every time, no matter the subject. I like his calm approach.
 

ironichaos

Member
Oct 31, 2017
281
Here's my earlier post with a visual.

FVlUYxD.png

  1. Dec 19
  2. Jan 3
  3. Jan 8
  4. Jan 15
  5. Jan 16
  6. Jan 17
  7. Jan 22
  8. Jan 30
  9. Feb 1
  10. Feb 2
  11. Feb 4
 

ironichaos

Member
Oct 31, 2017
281
So you're saying its been bad month of news for Cryptocurrency? Lool.

Don't want to be a conspiracy nut but Jan 17 is a red flag for market manipulation. All we can do is keep our guards up and keep an eye on the news. It goes both ways, even for positive news. The next futures are scheduled to expire on February 14.
 

Brandson

Member
Oct 26, 2017
2,219
So the crash is over you think?

There still could be more. A few things need to happen. BTC needs to at least settle above 9.5k GDAX, and it also needs to break out of its multi-month long RSI downtrend on 1D timeframe before anyone should start thinking the macro bear trend is over.

The market might also decide to see how far down it can get one more time, before heading back up. I think it would form a higher low though, should that move materialize.
 

Creatchee

Member
Oct 26, 2017
1,811
Sarasota, Florida
Lol ADC at half a penny. Perfect shit price for a perfectly shit con....errrr...coin. And it was shilled here and elsewhere like it was that next goddamned Ethereum.

Crash or no crash, that reveal of what it's actually used for was hilarious, and people STILL didn't let up or take pause.

I'm only keeping mine as a reminder to myself. Or maybe if I want to buy a couple of shitty sub-indie albums.
 

Haz

You have seen.
Member
Oct 25, 2017
324
You're straight up delusional if you think this crash isn't "that bad". This is much bigger than the worst stock market crashes. Tons of people lost money. Also, Bitcoin isn't "banking the unbanked". It's straight up useless for that purpose.
Those were not my words, they were the CFTC Chairmain's or the SEC chairmans.
XIV liquidating is 'that bad'.
Cryptomarket with growing pains moving into real legislation is what it is.

People only lost money if they sold. If you don't believe or understand this market then dont gamble on it. I believe we are going to 1-3 trillion MC in 1-5 years. I'm invested in realworld technology and platforms (VEN/ETH/NEO). 95% of the market in terms of coins/tokens are trash and will be purged at some point.

MANY other cryptocurrencies are integrating distributed ledger technology to people in developing communities where things like a smartphone act as their banking service. With RFID/QR on the blockchain and verified ownerships, people can use things like livestock as leverage for small loans and investments See: VeChain's partnership with SentinelChain and other companies that are doing this. It's an extension of the emerging microloan markets. https://www.youtube.com/watch?v=uGWUtP_cl-4
It's never safe, "investing" in Bitcoin is pretty much the same as gambling, this should be your mindset. No one can make any assurances. Don't put in any money you aren't willing to lose, follow the market and don't trust people that are "sure" about future price developments. No one knows whether it will continue to crash or not.
Correct.
Here's my earlier post with a visual.
Awesome, thank you.
 

Daedalifts

Member
Dec 9, 2017
54
Rebought at 7.5k. Looks like we hit a bottom on the daily chart to me. Probably too early to call definitively and could easily be in the bull trap, but I'll take a stab.

Doesn't feel great because I sold due to the tether and bitfinex uncertainty, which still looms...
 

tommy7154

Banned
Oct 25, 2017
5,370
I just smh every time I see "sold at a loss". Not that I'm immune to it (I sold a shit coin at a loss) but it's like some of you think all of these are nothing but shit coins. Why in gods name are you putting money in to begin with if you think that way? I dont understand it. You make it self fulfilling.

THE.MARKET.WILL.BE.BACK.

It will be back. Dont sell at a loss.
 

Lidl

Member
Dec 12, 2017
2,568
I think I might have found the first ICO I'm willing to participate in.
Wysker is a new, tinder like shopping (recommendation) app:



The app is already out on Android: https://www.wysker.com and works pretty much as advertised. Although for now you only get fractions of wys tokens for shuffling through the products.

Unlike with some other cool blockchain applications their whole business cycle seems to be built around wys tokens:
Ra05Nsm.png


The team seems capable, the white paper seems fine to me and is clearly formatted in latex, which is nice. They also apparently get free publicity in Germany for being the first German ICO.

Everything about this project just seems so competent & cool.
 

onlyTangerine

Member
Oct 27, 2017
381
I just smh every time I see "sold at a loss". Not that I'm immune to it (I sold a shit coin at a loss) but it's like some of you think all of these are nothing but shit coins. Why in gods name are you putting money in to begin with if you think that way? I dont understand it. You make it self fulfilling.

THE.MARKET.WILL.BE.BACK.

It will be back. Dont sell at a loss.

For what it's worth, I pretty much immediately regretted it. Shouldn't have been looking at crypto as soon as I woke up lol.
 

rickyson33

Banned
Nov 23, 2017
3,053
I just smh every time I see "sold at a loss". Not that I'm immune to it (I sold a shit coin at a loss) but it's like some of you think all of these are nothing but shit coins. Why in gods name are you putting money in to begin with if you think that way? I dont understand it. You make it self fulfilling.

THE.MARKET.WILL.BE.BACK.

It will be back. Dont sell at a loss.

I mean selling at a loss can be fine as long as it's part of a plan,I wanted to sell on Saturday and buy back lower since it felt pretty obvious to me it wasn't over just from the pulse of different communities and such which it turns out would have been a great move but too new at this to trust feelings like that

panic moves in general though? yeah,if your only thought process behind it is "look how much money I just lost I better sell to stop the bleeding!" then you should probably just force yourself to stay away for a couple days or something instead
 

tommy7154

Banned
Oct 25, 2017
5,370
I mean selling at a loss can be fine as long as it's part of a plan,I wanted to sell on Saturday and buy back lower since it felt pretty obvious to me it wasn't over just from the pulse of different communities and such which it turns out would have been a great move but too new at this to trust feelings like that

panic moves in general though? yeah,if your only thought process behind it is "look how much money I just lost I better sell to stop the bleeding!" then you should probably just force yourself to stay away for a couple days or something instead
Yeah sorry I just mean panic selling at a loss. So many stories out there of people selling at ridiculous prices and losing so much and getting out of crypto. If youre selling low to buy back in even lower well that's just smart (assuming it works out)
 

Haz

You have seen.
Member
Oct 25, 2017
324
I think I might have found the first ICO I'm willing to participate in.
Wysker is a new, tinder like shopping (recommendation) app:



The app is already out on Android: https://www.wysker.com and works pretty much as advertised. Although for now you only get fractions of wys tokens for shuffling through the products.

Unlike with some other cool blockchain applications their whole business cycle seems to be built around wys tokens:
Ra05Nsm.png


The team seems capable, the white paper seems fine to me and is clearly formatted in latex, which is nice. They also apparently get free publicity in Germany for being the first German ICO.

Everything about this project just seems so competent & cool.

No thanks. It's another shopping app. Does it have any partners? How long will it take to get them? Why does this need 10 million USD? Does it actually need a token? (You can sell data, which is nice, how is this presented, will they buy it, how much, etc.)
Multiple failed 'shopping but tinder' apps already have died.

And most importantly.... WILL IT OUT PERFORM THE MARKET? I don't think so.
More reading: https://valueandopportunity.com/2017/12/17/wysker-wys-token-ico-made-in-germany-but-any-good/

Basically any ICO needs to be the nest hottest shit for me to even look at it, market too bullish right now. If you like the project, watch it, wait for exchange listing, buy the dip after it gets listed.
 

Sirpopopop

_ _ _ w _ _ _
Member
Oct 23, 2017
794
Rebought at 7.5k. Looks like we hit a bottom on the daily chart to me. Probably too early to call definitively and could easily be in the bull trap, but I'll take a stab.

Doesn't feel great because I sold due to the tether and bitfinex uncertainty, which still looms...

I'm bullish because it seems likely the U.S. government is going to resist calls to use Tether as a means to outlaw crypto.

Furthermore, the chairman of the agency investigating Tether is the one who is bullish on crypto.
 

Lidl

Member
Dec 12, 2017
2,568
No thanks. It's another shopping app. Does it have any partners? How long will it take to get them? Why does this need 10 million USD? Does it actually need a token? (You can sell data, which is nice, how is this presented, will they buy it, how much, etc.)
Multiple failed 'shopping but tinder' apps already have died.

And most importantly.... WILL IT OUT PERFORM THE MARKET? I don't think so.
More reading: https://valueandopportunity.com/2017/12/17/wysker-wys-token-ico-made-in-germany-but-any-good/

Basically any ICO needs to be the nest hottest shit for me to even look at it, market too bullish right now. If you like the project, watch it, wait for exchange listing, buy the dip after it gets listed.
But it's so cool
NcWwUU0.gif


Thanks! I needed that to cool off.
*adds to watchlist*
 

Deleted member 8561

user requested account closure
Banned
Oct 26, 2017
11,284
Serious question. Say you get some TA. What will you do? Will it change what you do? Why?
Just something for others to think about also. Don't let crypto consume you if you aren't going to do anything.

Well, I've been in ETH for the last few days swinging from point to point, so I generally get an idea of what to do based on what Brandson and some others say are points to watch out for based on current and different possible movements.
 

Haz

You have seen.
Member
Oct 25, 2017
324
Well, I've been in ETH for the last few days swinging from point to point, so I generally get an idea of what to do based on what Brandson and some others say are points to watch out for based on current and different possible movements.
Well it's opposite time, watch how much ETH swings against the barriers (ie 800) and swing there. Going down swinging was easy!
 

Deleted member 8561

user requested account closure
Banned
Oct 26, 2017
11,284
Well it's opposite time, watch how much ETH swings against the barriers (ie 800) and swing there. Going down swinging was easy!

Yea, I sold my ETH at 790 when we failed to break it after the second time. I'm just seeing all this sideways movement and wondering if we're consolidating for a new floor, or if we're about to drop again
 

Jessie

Member
Oct 27, 2017
9,921
I'm still eyeing another dip. But I'm assuming we're gonna stabilize at around 8000 and then see some upwards momentum in March.
 

criesofthepast

Crash Test Dummy
Member
Oct 25, 2017
1,057
I mean selling at a loss can be fine as long as it's part of a plan,I wanted to sell on Saturday and buy back lower since it felt pretty obvious to me it wasn't over just from the pulse of different communities and such which it turns out would have been a great move but too new at this to trust feelings like that

panic moves in general though? yeah,if your only thought process behind it is "look how much money I just lost I better sell to stop the bleeding!" then you should probably just force yourself to stay away for a couple days or something instead

All green. Looking good.

There are a lot of weak hands and panic sellers. I can't blame them because I used to be one and am still learning how this all works 5 years later. This thread and community here have a lot of educated people but I would caution anyone to do their own research. But it is obvious there are a lot of new investors who have never invested in anything before in their lives and they are being taken out back and beaten. I mean I guess investments work that way, someone has to lose for you to win.

I feel like if you aren't making money off this crash then you are doing something wrong, or at least thinking about it wrong. My net worth has technically plummeted since December going off of today's coin values, but the amount of coins I own have increased (by albeit super risky day trading) since then and to me all of this is a good thing. But I have been here since 2013 and am confident in the ultimate direction crypto is heading, understandably for someone who entered in the last few months and invested at the all time highs this would be heartbreaking and faith-shattering.

I once bought some litecoin at $27 in 2013 or 2014. It then fell to $1 and hovered there for years until last summer. Talk about bag holding. Have faith people. :)
 

puebla084

Banned
Oct 30, 2017
104
Just split $500 between xlm and drgn. I'm hoping 6k is the floor for btc and we stabilize and shoot up again.
 

ry-dog

Attempted to circumvent ban with alt account
Banned
Oct 25, 2017
2,180
Seems like the only way to actually cash out if you live outside of the US is local bitcoin. Banks are doing everything they can to stop debit cards and governments are doing shit all to regulate. So you're forced to sell in cash in basically what amounts to an eBay setup, they are pushing everyone underground, it's like they don't want to tax CryptoCurrency
 

criesofthepast

Crash Test Dummy
Member
Oct 25, 2017
1,057
Those are some mighty strong hands, friend.
I wish they were stronger. I sold all my litecoin at around $70 at the start of last summer. :) Also, at one point in my life I had 680 litecoins. lol

Litecoin used to be thought of as super undervalued and the thinking was that it belonged at 1/4th the price of bitcoin (based on max coin supply of the two) but it obviously has never hit that point and never will IMO. I was so ready to get out and I will never invest in it again. I thought the community sucked and I have mixed feelings on Charlie Lee. On one hand has done a lot for crypto but on the other he loves the spotlight, has an ego, and talks way too much. Good for him on selling it all at the ATH, though.