Crypto Currency Thread

[anonymous-user]

So if December 17 was "New Paradigm", might I suggest we are currently at "Fear"?

[limpsfield]

Joey Deacon said:

So if December 17 was "New Paradigm", might I suggest we are currently at "Fear"?

I wonder if it is still a bit early. Two weeks ago Ripple was all-time highs, last week Ethereum was. Market tops normally take longer, but then this is like the 90's NASDAQ on crack.

[Badda]

Joey Deacon said:

So if December 17 was "New Paradigm", might I suggest we are currently at "Fear"?

Uncanny!!

[superkartracer]

Behemoth said:

Cheap coins for anyone wanting to enter this market. There are always complainers when it moons, yet these same people are too timid to enter the market when there are bargains to be had. If you're feeling like this right now, crypto probably isn't for you. BTC had its year lows in mid January in 2015, 2016, 2017. Might that be a pattern? Maybe, maybe not, but it's great timing for the city bonus season

But they were not 15k per coin ( the clue ) back in 15/16/17. $280/$400/$15k etc.

Yeah bargain.

[Badda]

Behemoth said:

Cheap coins for anyone wanting to enter this market.

What makes you think they're cheap?

[Behemoth]

Badda said:

What makes you think they're cheap?

Umm, maybe because they were a lot more expensive only recently?

What did Warren Buffet once say about being fearful & greedy?

[dimots]

Joey Deacon said:

So if December 17 was "New Paradigm", might I suggest we are currently at "Fear"?

I must have seen this graph posted hundreds of times. This would be the seventh or eighth ‘new paradigm’ I have been through since buying bitcoin in 2012

The only regret I have is when I synch my old wallet and it shows me what the coins I used to own are worth at current prices!

[to3m]

The Spruce goose said:

I doubled my money now back to were I started. In the past any big dip has been followed by a rally. Xrp hasn't done well half value in a week.

My stuff is worth about 60% what it was its peak before Xmas. I'm still up overall though, with BTC, LTC and ETH doing nicely compared to 4 months ago, and the ICOs I bought into directly towards the end of last year all being up too. All the ICO tokens I've bought on exchanges in the last couple of weeks on the other hand have been an outright disaster.

I've yet to lose money on the various Bitcoin forks, since they were free, but maybe give it time.

Edited by to3m on Tuesday 16th January 14:17

[PaulDoosly]

shibby! said:

Im through HL too.

Im in XBT Provider AB - Bitcoin & Ethereum.

cheers, I will investigate.....

[Badda]

Behemoth said:

Badda said:

What makes you think they're cheap?

Umm, maybe because they were a lot more expensive only recently?

Ok...

[Behemoth]

Badda said:

Ok...

Ha. BTC in January returns to its December price shocker. Frightens all newcomers to the asset space. What a complete surprise .

Form here, it could drop to 10k (early Dec) before bouncing. Maybe 8k (mid Nov). I very much doubt it would go any further than that because of yet another China ban.

[alistair1234]

$2,200 invested in September, peaked at $10,800 last week, currently at $6,500.

In profit on all coins, but obviously all red today. Biggest loss is Wagerr after their failed launch yesterday, peaked at $1.03 last week and hit $0.27 this morning but back up to $0.45 now and probably a good buy.

[anonymous-user]

Badda said:

Behemoth said:

Badda said:

What makes you think they're cheap?

Umm, maybe because they were a lot more expensive only recently?

Ok...

Price is rising again so a lot of people obviously think so.

Not me I might add

[superkartracer]

Behemoth said:

Badda said:

Ok...

Ha. BTC in January returns to its December price shocker. Frightens all newcomers to the asset space. What a complete surprise .

Form here, it could drop to 10k (early Dec) before bouncing. Maybe 8k (mid Nov). I very much doubt it would go any further than that because of yet another China ban.

Or it could drop to $1 as worthless ?

[anonymous-user]

France is in the news talking about a ban. When will people who hold BTC be happy with a price I mean this year has the most exposure, my mum talks about investing, do you really think it will go another X10 x20 like I said earlier that is main reason people are buying in.

[p1stonhead]

Behemoth said:

Badda said:

What makes you think they're cheap?

Umm, maybe because they were a lot more expensive only recently?

What did Warren Buffet once say about being fearful & greedy?

is that the same Buffet who said "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending," ?

https://www.cnbc.com/2018/01/10/buffett-says-cyrpt...

[CzechItOut]

budgie smuggler said:

Anyone else buying?

I sold all my ETH over the last few weeks, but if it drops below £600 I may be tempted.

[Badda]

Behemoth said:

Badda said:

Ok...

Ha. BTC in January returns to its December price shocker. Frightens all newcomers to the asset space. What a complete surprise .

Form here, it could drop to 10k (early Dec) before bouncing. Maybe 8k (mid Nov). I very much doubt it would go any further than that because of yet another China ban.

That's all fine and you might be right.

Something dropping drastically in value doesn't then become a cheap thing - the market has decided it's value is much less than it was. You must understand that?

It's slightly different with equities as you can look at their assets and profits and make a call on whether you believe the market cap is sustainable and good value. Very different on these coins.

In the same way you're probably thinking I'm being excessively negative and am missing out, I probably think the opposite of you. I definitely don't wish any ill on anyone though, despite not wanting to touch cryptos with a long pole.

[x5x3]

Behemoth said:

BTC had its year lows in mid January in 2015, 2016, 2017. Might that be a pattern? Maybe, maybe not, but it's great timing for the city bonus season

I've seen some interesting discussions whether these annual January dips are related to profit taking in the East to spend on the Lunar New Year celebrations.

[anonymous-user]

x5x3 said:

Behemoth said:

BTC had its year lows in mid January in 2015, 2016, 2017. Might that be a pattern? Maybe, maybe not, but it's great timing for the city bonus season

I've seen some interesting discussions whether these annual January dips are related to profit taking in the East to spend on the Lunar New Year celebrations.

https://www.reddit.com/r/CryptoCurrency/comments/7qqfcz/everybody_relax_heres_the_reason_for_the_dip_and/?utm_source=reddit-android