Crypto-trading thread

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AgPrognosticator
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TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

XXXVII said:

Interesting discussions right now. I have 60% of my crypto holdings in BTC right now, and I still plan to add more to it. I don't know why some see it as a sailed ship. BTC has the widest adoption by major corporations right now, and it is the most well known to most people. This means it has the potential to still explode in price and stay that way. I see it as more of a "sure thing" than the other cryptos in terms of maintaining gains, even if those gains are slower over time.

The rest of my portfolio is split between ADA, ETH, LINK, and XLM. I've been impressed with XLM lately. It's my dark horse crypto.
This is solid. A lot of recent buyers are going to get frustrated when Bitcoin starts ripping and their shiny altcoins are bleeding for months. Happens every time. Or Bitcoin tanks and alts nuke.


BTC has no real utility. ETH does. That's why they have totally decoupled, even though ETH used to track BTC closely.

I believe investors will begin to recognize that the utility of blockchain tech is what's attractive. BTC has no utility and therefore no inherent value and is, more or less, useless beyond being a "currency". ETH can similarly serve as a currency AND it has utility.

ETH, on the other hand, is currently being used at an institutional level. I sincerely believe it will overtake BTC in market cap unless a better alternative presents itself. Specifically, I believe ADA, LINK and DOT are poised to do exactly that over these next several years.

I believe BTC goes the way of Netscape and AskJeeves, while a select few alts become the next Google or Facebook. Maybe I'm wrong, but if I'm right...paydirt.
Lord this would be a total disaster. I don't think you understand that if Bitcoin lost a lot of its value the entire crypto market would get nuked into oblivion. This scenario is the exact opposite of paydirt.


This is wrong.
AgPrognosticator
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AG
For what it's worth, I believe Kraken is having major liquidity issues. There's been a run during this dip and Kraken's system is "down for maintenance".

Beware.
TxAG#2011
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AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

XXXVII said:

Interesting discussions right now. I have 60% of my crypto holdings in BTC right now, and I still plan to add more to it. I don't know why some see it as a sailed ship. BTC has the widest adoption by major corporations right now, and it is the most well known to most people. This means it has the potential to still explode in price and stay that way. I see it as more of a "sure thing" than the other cryptos in terms of maintaining gains, even if those gains are slower over time.

The rest of my portfolio is split between ADA, ETH, LINK, and XLM. I've been impressed with XLM lately. It's my dark horse crypto.
This is solid. A lot of recent buyers are going to get frustrated when Bitcoin starts ripping and their shiny altcoins are bleeding for months. Happens every time. Or Bitcoin tanks and alts nuke.


BTC has no real utility. ETH does. That's why they have totally decoupled, even though ETH used to track BTC closely.

I believe investors will begin to recognize that the utility of blockchain tech is what's attractive. BTC has no utility and therefore no inherent value and is, more or less, useless beyond being a "currency". ETH can similarly serve as a currency AND it has utility.

ETH, on the other hand, is currently being used at an institutional level. I sincerely believe it will overtake BTC in market cap unless a better alternative presents itself. Specifically, I believe ADA, LINK and DOT are poised to do exactly that over these next several years.

I believe BTC goes the way of Netscape and AskJeeves, while a select few alts become the next Google or Facebook. Maybe I'm wrong, but if I'm right...paydirt.
Lord this would be a total disaster. I don't think you understand that if Bitcoin lost a lot of its value the entire crypto market would get nuked into oblivion. This scenario is the exact opposite of paydirt.


This is wrong.
Yes I'm sure it's just a coincidence that the entire market just tanked right when Bitcoin started dropping, just like every other time in history.
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Ornithopter
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Dogecoin seems to be having a bit of an Ol Yeller moment.
Jet Black
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Sold my doge and put it in ADA.
Pookers
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Jet Black said:

Sold my doge and put it in ADA.
Same here. Really looking forward to ADA blowing up later this year.
XXXVII
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DubFalls said:

Dogecoin seems to be having a bit of an Ol Yeller moment.


Dead dog bounce.
TxAG#2011
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YFI!!!!!!!

It's time.
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Deluxe
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ac04 said:

this thread is going to be very interesting next time bitcoin starts pumping hard. will it be the kind of pump that carries ****coins with it, or the kind that sucks all the capital out of them? looking forward to it either way.

Why are you looking forward to it?
Definitely Not A Cop
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Cuz he's got Bitcoin, obviously.
MRB10
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My impression is that AC has always been a purist and hasn't had a desire to roll around in the muck with the rest of us degenerate alt gamblers.
XXXVII
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ac04 said:

this thread is going to be very interesting next time bitcoin starts pumping hard. will it be the kind of pump that carries ****coins with it, or the kind that sucks all the capital out of them? looking forward to it either way.


Some men just like to watch the world burn.
AgPrognosticator
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AG
TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

XXXVII said:

Interesting discussions right now. I have 60% of my crypto holdings in BTC right now, and I still plan to add more to it. I don't know why some see it as a sailed ship. BTC has the widest adoption by major corporations right now, and it is the most well known to most people. This means it has the potential to still explode in price and stay that way. I see it as more of a "sure thing" than the other cryptos in terms of maintaining gains, even if those gains are slower over time.

The rest of my portfolio is split between ADA, ETH, LINK, and XLM. I've been impressed with XLM lately. It's my dark horse crypto.
This is solid. A lot of recent buyers are going to get frustrated when Bitcoin starts ripping and their shiny altcoins are bleeding for months. Happens every time. Or Bitcoin tanks and alts nuke.


BTC has no real utility. ETH does. That's why they have totally decoupled, even though ETH used to track BTC closely.

I believe investors will begin to recognize that the utility of blockchain tech is what's attractive. BTC has no utility and therefore no inherent value and is, more or less, useless beyond being a "currency". ETH can similarly serve as a currency AND it has utility.

ETH, on the other hand, is currently being used at an institutional level. I sincerely believe it will overtake BTC in market cap unless a better alternative presents itself. Specifically, I believe ADA, LINK and DOT are poised to do exactly that over these next several years.

I believe BTC goes the way of Netscape and AskJeeves, while a select few alts become the next Google or Facebook. Maybe I'm wrong, but if I'm right...paydirt.
Lord this would be a total disaster. I don't think you understand that if Bitcoin lost a lot of its value the entire crypto market would get nuked into oblivion. This scenario is the exact opposite of paydirt.


This is wrong.
Yes I'm sure it's just a coincidence that the entire market just tanked right when Bitcoin started dropping, just like every other time in history.


Do yourself a favor and study the BTC / ETH chart from the last 6 months. You're wrong.
mavsfan4ever
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AG
Lots of rumors coming out about Facebook buying bitcoin. Guess we will find out in a couple weeks at their shareholder meeting.
AgPrognosticator
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AG
AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

XXXVII said:

Interesting discussions right now. I have 60% of my crypto holdings in BTC right now, and I still plan to add more to it. I don't know why some see it as a sailed ship. BTC has the widest adoption by major corporations right now, and it is the most well known to most people. This means it has the potential to still explode in price and stay that way. I see it as more of a "sure thing" than the other cryptos in terms of maintaining gains, even if those gains are slower over time.

The rest of my portfolio is split between ADA, ETH, LINK, and XLM. I've been impressed with XLM lately. It's my dark horse crypto.
This is solid. A lot of recent buyers are going to get frustrated when Bitcoin starts ripping and their shiny altcoins are bleeding for months. Happens every time. Or Bitcoin tanks and alts nuke.


BTC has no real utility. ETH does. That's why they have totally decoupled, even though ETH used to track BTC closely.

I believe investors will begin to recognize that the utility of blockchain tech is what's attractive. BTC has no utility and therefore no inherent value and is, more or less, useless beyond being a "currency". ETH can similarly serve as a currency AND it has utility.

ETH, on the other hand, is currently being used at an institutional level. I sincerely believe it will overtake BTC in market cap unless a better alternative presents itself. Specifically, I believe ADA, LINK and DOT are poised to do exactly that over these next several years.

I believe BTC goes the way of Netscape and AskJeeves, while a select few alts become the next Google or Facebook. Maybe I'm wrong, but if I'm right...paydirt.
Lord this would be a total disaster. I don't think you understand that if Bitcoin lost a lot of its value the entire crypto market would get nuked into oblivion. This scenario is the exact opposite of paydirt.


This is wrong.
Yes I'm sure it's just a coincidence that the entire market just tanked right when Bitcoin started dropping, just like every other time in history.


Do yourself a favor and study the BTC / ETH chart from the last 6 months. You're wrong.


Did it for you.


AgPrognosticator
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AG
12 months:


YouBet
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AG
ac04 said:

this thread is going to be very interesting next time bitcoin starts pumping hard. will it be the kind of pump that carries ****coins with it, or the kind that sucks all the capital out of them? looking forward to it either way.
Guess you haven't seen the news but we are going Marxist you capitalist pig. You'll be handing all of us 0.001 BTC from your stash thank you very much. That will put me at a cool 0.009 BTC and I'll be taking that island right over there by BVI.

cisgenderedAggie
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TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

XXXVII said:

Interesting discussions right now. I have 60% of my crypto holdings in BTC right now, and I still plan to add more to it. I don't know why some see it as a sailed ship. BTC has the widest adoption by major corporations right now, and it is the most well known to most people. This means it has the potential to still explode in price and stay that way. I see it as more of a "sure thing" than the other cryptos in terms of maintaining gains, even if those gains are slower over time.

The rest of my portfolio is split between ADA, ETH, LINK, and XLM. I've been impressed with XLM lately. It's my dark horse crypto.
This is solid. A lot of recent buyers are going to get frustrated when Bitcoin starts ripping and their shiny altcoins are bleeding for months. Happens every time. Or Bitcoin tanks and alts nuke.


BTC has no real utility. ETH does. That's why they have totally decoupled, even though ETH used to track BTC closely.

I believe investors will begin to recognize that the utility of blockchain tech is what's attractive. BTC has no utility and therefore no inherent value and is, more or less, useless beyond being a "currency". ETH can similarly serve as a currency AND it has utility.

ETH, on the other hand, is currently being used at an institutional level. I sincerely believe it will overtake BTC in market cap unless a better alternative presents itself. Specifically, I believe ADA, LINK and DOT are poised to do exactly that over these next several years.

I believe BTC goes the way of Netscape and AskJeeves, while a select few alts become the next Google or Facebook. Maybe I'm wrong, but if I'm right...paydirt.
Lord this would be a total disaster. I don't think you understand that if Bitcoin lost a lot of its value the entire crypto market would get nuked into oblivion. This scenario is the exact opposite of paydirt.


This is wrong.
Yes I'm sure it's just a coincidence that the entire market just tanked right when Bitcoin started dropping, just like every other time in history.


Every other time in history BTC is the big fish. He's talking about ETH overtaking BTC in market cap, in large part because of its utility. That's a fundamental change in environment

Apple didn't tank price because Exxon started sucking. Why would this scenario be different?

Emoji choice was cat walking on keyboard
TxAG#2011
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AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

XXXVII said:

Interesting discussions right now. I have 60% of my crypto holdings in BTC right now, and I still plan to add more to it. I don't know why some see it as a sailed ship. BTC has the widest adoption by major corporations right now, and it is the most well known to most people. This means it has the potential to still explode in price and stay that way. I see it as more of a "sure thing" than the other cryptos in terms of maintaining gains, even if those gains are slower over time.

The rest of my portfolio is split between ADA, ETH, LINK, and XLM. I've been impressed with XLM lately. It's my dark horse crypto.
This is solid. A lot of recent buyers are going to get frustrated when Bitcoin starts ripping and their shiny altcoins are bleeding for months. Happens every time. Or Bitcoin tanks and alts nuke.


BTC has no real utility. ETH does. That's why they have totally decoupled, even though ETH used to track BTC closely.

I believe investors will begin to recognize that the utility of blockchain tech is what's attractive. BTC has no utility and therefore no inherent value and is, more or less, useless beyond being a "currency". ETH can similarly serve as a currency AND it has utility.

ETH, on the other hand, is currently being used at an institutional level. I sincerely believe it will overtake BTC in market cap unless a better alternative presents itself. Specifically, I believe ADA, LINK and DOT are poised to do exactly that over these next several years.

I believe BTC goes the way of Netscape and AskJeeves, while a select few alts become the next Google or Facebook. Maybe I'm wrong, but if I'm right...paydirt.
Lord this would be a total disaster. I don't think you understand that if Bitcoin lost a lot of its value the entire crypto market would get nuked into oblivion. This scenario is the exact opposite of paydirt.


This is wrong.
Yes I'm sure it's just a coincidence that the entire market just tanked right when Bitcoin started dropping, just like every other time in history.


Do yourself a favor and study the BTC / ETH chart from the last 6 months. You're wrong.


Thanks but I was posting about the BTC/Eth chart here months ago. Bitcoin not tanking has allowed ETH to make this move. Literally the entire history of crypto markets supports my stance.
TxAG#2011
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cisgenderedAggie said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

AgPrognosticator said:

TxAG#2011 said:

XXXVII said:

Interesting discussions right now. I have 60% of my crypto holdings in BTC right now, and I still plan to add more to it. I don't know why some see it as a sailed ship. BTC has the widest adoption by major corporations right now, and it is the most well known to most people. This means it has the potential to still explode in price and stay that way. I see it as more of a "sure thing" than the other cryptos in terms of maintaining gains, even if those gains are slower over time.

The rest of my portfolio is split between ADA, ETH, LINK, and XLM. I've been impressed with XLM lately. It's my dark horse crypto.
This is solid. A lot of recent buyers are going to get frustrated when Bitcoin starts ripping and their shiny altcoins are bleeding for months. Happens every time. Or Bitcoin tanks and alts nuke.


BTC has no real utility. ETH does. That's why they have totally decoupled, even though ETH used to track BTC closely.

I believe investors will begin to recognize that the utility of blockchain tech is what's attractive. BTC has no utility and therefore no inherent value and is, more or less, useless beyond being a "currency". ETH can similarly serve as a currency AND it has utility.

ETH, on the other hand, is currently being used at an institutional level. I sincerely believe it will overtake BTC in market cap unless a better alternative presents itself. Specifically, I believe ADA, LINK and DOT are poised to do exactly that over these next several years.

I believe BTC goes the way of Netscape and AskJeeves, while a select few alts become the next Google or Facebook. Maybe I'm wrong, but if I'm right...paydirt.
Lord this would be a total disaster. I don't think you understand that if Bitcoin lost a lot of its value the entire crypto market would get nuked into oblivion. This scenario is the exact opposite of paydirt.


This is wrong.
Yes I'm sure it's just a coincidence that the entire market just tanked right when Bitcoin started dropping, just like every other time in history.


Every other time in history BTC is the big fish. He's talking about ETH overtaking BTC in market cap, in large part because of its utility. That's a fundamental change in environment

Apple didn't tank price because Exxon started sucking. Why would this scenario be different?

Emoji choice was cat walking on keyboa


Comparing crypto to stocks. Lol
wareagle044
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Something will come along to fill the void. If Facebook crashes does social media die with it? If Amazon or Google fail...does the internet go too?

Bitcoin very well may be around forever, but there are other more practical options DGB being an example from a proof of work standpoint - ETH is going to try and be king of Proof of Stake, but it's not anywhere close to being the best tech out there for that (Harmony ONE is pretty much already Eth 2.0) VET may well be the king of Proof of Authority Proof of Location is out there.

Point being something will fill the power vacuum.
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McInnis 03
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AG
McInnis 03
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Jet Black
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wareagle044
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ac04 said:

the idea that a power vacuum will exist at all is a bet against bitcoin. historically that has been a pretty bad position.

bitcoin isn't netscape or askjeeves. it's TCP/IP


I view it more as the printing press. We still use it today, but in much more efficient ways. I'm sure whatever museum has the original printing press can claim a hefty value to that piece of equipment but they aren't using it for anything
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TxAG#2011
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The liquidity drain of bitcoin collapsing would completely obliterate the market. Which is exactly what happened in 2018. Crypto is all a game of liquidity. Once the suck starts to happen the money runs for the exits and its all over.

Thankfully its possible to own btc and eth.
wareagle044
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ac04 said:

not sure that analogy works the way you think it does since the printing press completely changed the course of humanity and was a dominant technology for hundreds of years.


Works for me the same way your TCP/IP analogy works for you

If BTC goes to $0 tomorrow maybe the whole market fails, but that's not going to be the case - eventually there will be several well established players (not so far away) to keep it afloat if BTC begins a decline at some point in the future. Though I think it'll remain as a store of value for a long time.
StEdsCOOG
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Anyone seen this s***show going on with Crypto.com? I know about it because I'm involved. I decided to throw some money into Shiba this morning just for the hell of it. As I tried to complete the purchase, I received an error message that the transaction timed out. I tried multiple times and it turns out the transactions I attempted went through but the coins didn't show up. They acknowledged the error on Twitter and thought they had solved it but apparently there's a second issue that they were unaware of with the same problem. And the people that did receive their coins didn't get them at the price they purchased them at. Bunch of people like myself with multiple debits to their bank account with no coins. Only way I'll be satisfied is if I receive the coins at the price I paid. If not, I'm missing out on some decent profits and coin count since the price has gone up.
wareagle044
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I had the issue but none of my transactions went through on my card

It's only made 300% gains since I tried though
TexasAg2017
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AG
ADA with a nice rebound
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