konceptjones
New member
@LUClEN did you see where dogecoin dropped to?? any chance you guys think it may jump?
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BTC pumped this week and we didn't see much action from Doge. That spike that happened on the 18th seems to have been where you should have taken some of your profits on the trade. What coins are you holding right now?
I ended up exiting my stellar position at a 50% loss. Went from 1.9 bitcoins to 0.8.
Sold that for USDT, and now that Bitcoin is poised to come down after the price spike this week I'll rebuy and increase bitcoins to 0.85, for a small gain.
Next time BTC hits a big spike i'll make a post about it. These increases are always followed by corrections, and if we time it right we can make easy money simply selling the bitcoins for USDT, then trading back to bitcoin once the price corrects, thereby increasing the total amount of BTC we have.
I ended up exiting my stellar position at a 50% loss. Went from 1.9 bitcoins to 0.8.
Sold that for USDT, and now that Bitcoin is poised to come down after the price spike this week I'll rebuy and increase bitcoins to 0.85, for a small gain.
Next time BTC hits a big spike i'll make a post about it. These increases are always followed by corrections, and if we time it right we can make easy money simply selling the bitcoins for USDT, then trading back to bitcoin once the price corrects, thereby increasing the total amount of BTC we have.
cainvelasquez
New member
LUClEN;c-9898801 said:Litecoin is old. It's been one of the better bitcoin alternatives but I don't see it as having a lot of room for growth. It's more risk, but I think if your plan is to get rich you wanna find something cheap that will triple or quadruple in value
Any thoughts on Stratis or Ripple(Xrp)? They seem to be going down ahead of August 1th.
I like ripple. It's quick and is finding a lot of support in the financial sector. They have shown a lot of growth. I had some when it was just starting and sold it a few weeks before it blew up. Could have made a few grand there, never gonna live that one down
Right now everything is coming down. Btc falling, gonna be a good time to grab some at a lower price
Right now everything is coming down. Btc falling, gonna be a good time to grab some at a lower price
cainvelasquez
New member
LUClEN;c-9902054 said:I like ripple. It's quick and is finding a lot of support in the financial sector. They have shown a lot of growth. I had some when it was just starting and sold it a few weeks before it blew up. Could have made a few grand there, never gonna live that one down
Right now everything is coming down. Btc falling, gonna be a good time to grab some at a lower price
Yeah, but how do you know when it hits rock bottom? Should i wait after 1th August?
cainvelasquez;c-9902164 said:LUClEN;c-9902054 said:I like ripple. It's quick and is finding a lot of support in the financial sector. They have shown a lot of growth. I had some when it was just starting and sold it a few weeks before it blew up. Could have made a few grand there, never gonna live that one down
Right now everything is coming down. Btc falling, gonna be a good time to grab some at a lower price
Yeah, but how do you know when it hits rock bottom? Should i wait after 1th August?
I don't even know if August first will be a decrease. Segwit is apparently active now, but there won't necessarily be a fork
A lot of mixed views on this
cainvelasquez
New member
LUClEN;c-9902677 said:cainvelasquez;c-9902164 said:LUClEN;c-9902054 said:I like ripple. It's quick and is finding a lot of support in the financial sector. They have shown a lot of growth. I had some when it was just starting and sold it a few weeks before it blew up. Could have made a few grand there, never gonna live that one down
Right now everything is coming down. Btc falling, gonna be a good time to grab some at a lower price
Yeah, but how do you know when it hits rock bottom? Should i wait after 1th August?
I don't even know if August first will be a decrease. Segwit is apparently active now, but there won't necessarily be a fork
A lot of mixed views on this
I am just going to monitor the price for now. Any future input will be much appreciated.
@cainvelasquez apparently the fork on the first of August is 100% a go.
The Bitcoin mining community will be forcing a new coin to be created as an offshoot of bitcoin due to irreconcilable differences. This new coin, called bitcoin cash, will be given to anyone who has bitcoin in a bitcoin wallet that is NOT in an exchange (it has to be a personal bitcoin wallet). From what I've managed to make of this, the new currency is pretty lame but may gain support and rival bitcoin? ( i personally doubt it given its origins)
In any event, we are seeing bitcoin prices reach towards their highest highs from not long ago, and it could be in anticipation of the new coin being created. That new coin's value will be derived from the value of bitcoin, so there is a good change we see bitcoin take a big hit on or around the first of august
The Bitcoin mining community will be forcing a new coin to be created as an offshoot of bitcoin due to irreconcilable differences. This new coin, called bitcoin cash, will be given to anyone who has bitcoin in a bitcoin wallet that is NOT in an exchange (it has to be a personal bitcoin wallet). From what I've managed to make of this, the new currency is pretty lame but may gain support and rival bitcoin? ( i personally doubt it given its origins)
In any event, we are seeing bitcoin prices reach towards their highest highs from not long ago, and it could be in anticipation of the new coin being created. That new coin's value will be derived from the value of bitcoin, so there is a good change we see bitcoin take a big hit on or around the first of august
chgarcia345
New member
LUClEN;c-9908186 said:@cainvelasquez apparently the fork on the first of August is 100% a go.
The Bitcoin mining community will be forcing a new coin to be created as an offshoot of bitcoin due to irreconcilable differences. This new coin, called bitcoin cash, will be given to anyone who has bitcoin in a bitcoin wallet that is NOT in an exchange (it has to be a personal bitcoin wallet). From what I've managed to make of this, the new currency is pretty lame but may gain support and rival bitcoin? ( i personally doubt it given its origins)
In any event, we are seeing bitcoin prices reach towards their highest highs from not long ago, and it could be in anticipation of the new coin being created. That new coin's value will be derived from the value of bitcoin, so there is a good change we see bitcoin take a big hit on or around the first of august
Good my wallet is empty right now..
Made 27 dollars last week
dwade206;c-9884364 said:Waiting until the market bottoms out then investing again. Also, Coinbase CEO is taking survey on which coin should be available next on the platform.
...well damn, that was a quick crash. Bit is back up to 2800 plus. Might have to pick up another portion soon.
black caesar
New member
I've been trying to get into this game. Someone break it down step by step.
black caesar
New member
Here's a link to the PDF Bitcoin For Dummies:
http://magazinelib.com/newspapers/bitcoin-for-dummies-bitcoin-for-dummies-is/
http://magazinelib.com/newspapers/bitcoin-for-dummies-bitcoin-for-dummies-is/
konceptjones
New member
damn... if I had picked up Doge when it was in the 60's I could have made 2.5x on my money.
black caesar
New member
konceptjones;c-9918528 said:damn... if I had picked up Doge when it was in the 60's I could have made 2.5x on my money.
Sup with a beginner's guide? Help us out.
