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Crypto currency discussion

  1. #251
    Top Banana DuncanMoto's Avatar
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    Re: Crypto currency discussion

    Buy on the way down - Sell on the way up.
    I'm buying more now and throughout the day.

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  2. #252
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    Re: Crypto currency discussion

    Monero is diving, seal the hatches and lower the scope, we're going down!

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  3. #253
    Super Moderator TheIglu's Avatar
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    Re: Crypto currency discussion

    Everything is diving!

    Wonder if this was a one time spike, or if we see this type of surge every year or two.

    In any case, next time I'll hopefully have my Bittrex account made and ready.

    Maybe the difficulty will drop a bit due to all the people killing their non-profitable mining rigs.

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  4. #254
    Lifer Kurlon's Avatar
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    Re: Crypto currency discussion

    At best it looks like the network hash rate is peaking, no signs of a drop yet.

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  5. #255
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    Re: Crypto currency discussion

    Crypto is getting POUNDED! I don't think anyone knows what's coming next, but I'm not surprised at the decline. Lots of people made money and cashed out, got the attention of governments/regulatory bodies that are all now throwing a fit and causing a lot of skepticism. Ironic but not unexpected that decentralization's greatest threat is centralized government.

    What we really need right now is for Amazon to adopt BTC. The second I hear about Amazon making any move is the second I drop a lot of cash. If I was forced to guess, I'd say Amazon is too smart and is already considering or planning their own currency. But I'm no expert.

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  6. #256
    Super Moderator TheIglu's Avatar
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    Re: Crypto currency discussion

    Unfortunately BTC doesn't have any other uses besides currency.

    With Sia, it's storage.

    With Ether, it's computation.

    Etc etc etc.


    BTC is the dinosaur in the room.

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  7. #257
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    Re: Crypto currency discussion

    And there is the drop, from a high of 700Mh/s the network is down to 560Mh/s and still falling. Difficulty peaked at 73b and is down to 68b and dropping.

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  8. #258
    Super Moderator TheIglu's Avatar
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    Re: Crypto currency discussion

    ETH back up to almost $1100. The bounce! It happens!

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  9. #259
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    Re: Crypto currency discussion

    Quote Originally Posted by boosten lebaron View Post
    I probably said too much.

    My point is it's too late to dump, no one should be dumping. if you didn't dump last week your stuck. instead you should be buying or possibly holding off a little longer if you want to maximize profits. my personal example was not fitting for this forum but i assumed with all the complex talks I couldn't possibly be the only one to profit that much. I had zero clue as to what I was doing, just had some extra money and bought things that sounded good and had a decent chart, not exactly rocket science. I got lucky but I never put myself in a position to hurt me.

    I hoped my experience was a lesson for people is what I was getting at. I lost a ton of money if you really look at it.

    brass balls would be telling you how much I put in, how much it was worth two weeks ago and how much it is worth when I cashed out.
    You can at least tell us what crypto it was, we are all curious.

    I had like a 400% gain on Litecoin over the last few months. Didn't cash out until the crash started, made 200%, put it all right back in today on the bounce.

    Always selling low and buying high thats for sure. Weak hands

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  10. #260
    Super Moderator TheIglu's Avatar
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    Re: Crypto currency discussion

    ETH has been holding over a grand. Hasn't been moving around too much, markets looks to have somewhat stabilized.

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  11. #261
    Lifer Kurlon's Avatar
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    Re: Crypto currency discussion

    Wonder how much ETH I can mine at 13.7Kh/s?

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  12. #262
    Super Moderator TheIglu's Avatar
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    Re: Crypto currency discussion

    3 years ago? Probably a little.

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  13. #263
    Super Moderator TheIglu's Avatar
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    Re: Crypto currency discussion

    ETH has support over $1100, I'm gettin back up to where I was mid last week.

    Still waiting on my verification ability to be enabled on Kraken. Going to be a while. No worries.

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