Consolidated Crypto Traders/Chat Thread

Discussion in 'Blockchain & Cryptocurrency Mining' started by Optimus., Dec 15, 2017.

  1. koss

    koss Member

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    Seems to be a growing disconnect between the BTC price rises and the alt coins. BTC is getting more market share, was up to 58% on the weekend.
     
  2. douver

    douver Member

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    I think everyone just rushed to sell their alt coins to join the BTC train, tide will turn back quickly if everyone that sold their alt coins see them leaving the station. If you don't believe that, it means alt coins just dumped for all of 2018 because they were overpriced crap, not because BTC was in a bear market.
     
  3. koss

    koss Member

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    Overnight, the Dow Jones dropped over 600 points, and Bitcoin rose to $7900, an interesting transfer between the markets. The Dow fall, which took it below the 200day moving average, was blamed on failed trade negotiations rumors.

    The take home point, money is leaving the stock market, and looking for somewhere else to roost. If the trend continues, I expect the US Fed to react.
     
    Last edited: May 14, 2019
  4. dirkmirk

    dirkmirk Member

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    Yeah that is interesting, I dont think one big drop in the Dow Jones is enough to really rattle the crypto markets so im not drawing a correlation just yet to say they're connected in some way like gold(safe haven).

    Stuffed up the timing with BTC/XRP, its coming better now hopefully gets back to 4570 or whatever I paid, currently at 4320.
     
  5. illdrift

    illdrift Member

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    Haven't been following crypto since the peak, but interesting to see Cryptopia going into liquidation today

    https://www.cryptopia.co.nz/
     
  6. dirkmirk

    dirkmirk Member

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    Surely time to fire up this thread again???

    Holding XRP going to let that one run

    The big coins have had decent gains but what about the lower priced stuff in the top 100? I was holding some Bitcoin cash sold that for Golem, 12 month high around 63 cents low of 6.3 about 8.7 currently.

    At some point I'll get into Litecoin because of the block halving.

    We might have the right ingredients for some serious FOMO in crypto who knows but gotta be in it to win it.
     
  7. koss

    koss Member

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    Cryptos just flash crashed, so did equity futures.

    Apparently Chinese state media outlets suggested the nation has "little no interest in continuing trade negotiations".

    So keyword recognition software, scanning media headlines, tripped of all sorts of trade algos.
    Don't you love non-carbon based traders.
     
  8. mr camouflage

    mr camouflage Member

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  9. douver

    douver Member

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    BTC seems to have shrugged off the latest dump. Maybe insider knowledge on something big soon? Seems to be a lot of institutional interest pumping BTC currently, so for altcoins I reckon focus on ones institutions might invest in. For me that means coins with regulatory certainty, and the easiest way to judge that is anything US based Coinbase has listed.

    Pretty sure it's legit, but have to upload them your drivers license or passport.
     
  10. d1ng0d4n

    d1ng0d4n Member

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    Just the usual KYC. Got my XLM out of it. CoinBase are doing similar at the moment, watch a few couple minute long videos, earn $10USD worth of XLM, and invite 4 more to Coinbase to earn $10USD of XLM again per person. Bringing it up to a total $50 of XLM again.
     
  11. douver

    douver Member

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    Well I'd bet Bitfinex/Tether are getting sued by the US for the basically the same reason Huawei is, US is using their power to screw over overseas competition. For crypto Binance just has to be next on their list surely due to their popularity.

    Meanwhile BitcoinSV has almost doubled overnight after Craig Wright applied to patent Bitcoin's open source licensed code....Hilarious altcoin shenanigans never end.
     
  12. koss

    koss Member

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    I am starting to think Craig Wright is a twit, everything he does seems to insult the intelligence of the crypto community. As if anyone really believe he is Satoshi. If you ever read the original Satochi's posts, you can tell he is a totally different personality.
     
    Last edited: May 23, 2019 at 12:10 PM
  13. whatdoesthisdo

    whatdoesthisdo Member

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    Starting?? The guy has been off the reservation for a long time.

    He is suing people that say he is not SN. He has tried to register the bitcoin whitepaper with the copywrite office. He has been caught lying like a zillion times.
     
  14. Gunna

    Gunna Member

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    You think if this ass-hat held any of the Satoshi addresses he wouldn't have cashed out already? He is in it for the fame
     

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