KI4MVP
formerly LJ4MVP
- Joined
- Jun 30, 2005
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anyone have thoughts on some of the other coins? like ripple, dash, waves, etc.
These are pretty worthless
anyone have thoughts on some of the other coins? like ripple, dash, waves, etc.
I have Ripple. Its so cheap...why not? The technology is basically using the blockchain to transfer incredibly large sums of money instantaneously across the world. Great for commercial banking. A few have signed on and actively using it. It will never be the horse that Bitcoin is, but it could hit $10 some day and it wouldnt be a surprise.anyone have thoughts on some of the other coins? like ripple, dash, waves, etc.
Fell to $250 on Gdax. I actually sold at $330 and bought back in at $260 to strengthen my position. I think $300 is where it hovers for the time being.Litecoin seems to be leveling off....going to fall?
Bought at an all-time high...classic lol.So my boss is out so my group spent the hour before lunch talking about bitcoin
Eventually we all downloaded Coincase and bought in, just for fun ($50). Mine was giving me problems. Eventually I got the order through but since I linked it to my bank account, it's going to take 8 days to process. My purchase price was $19,500.
They aren't. Sign up for a bittrex account & buy on there. Make sure your account is verified & then send it to a wallet and sit on it for years. Ive heard that it may be on Gdax/Coinbase at some point.Where can I buy Ripple...been looking since yesterday afternoon. @bigfoot5415
None of the options seem very easy
Where can I buy Ripple...been looking since yesterday afternoon. @bigfoot5415
None of the options seem very easy
I would say Bittrex but they are not allowing new users right now so Binance is where you need to go.Where can I buy Ripple...been looking since yesterday afternoon. @bigfoot5415
None of the options seem very easy
All doing good.anyone have thoughts on some of the other coins? like ripple, dash, waves, etc.
Man anyone shorting any of the cryptos is playing a dangerous gameShould have bought in at 11k I mean shit.
I would surely be dipping on it now though.
I'm pretty confident it will drop like a rock later in the month when the futures are available because people will be shorting like crazy.
The only thing that's holding it up and pushing it higher is volume.
Man anyone shorting any of the cryptos is playing a dangerous game
Trying to time the popping of the bubble can easily send you to the poor house. I just checked and initial margins for Bitcoin futures started at 45%. It’s not hard to imagine a situation with something as volatile as bitcoin where a short gets margin called within a week. In fact, looking at the historical price that would actually be the norm.
At some point Bitcoin will cool down, but I wouldn’t even consider taking a short position. It’s like standing on a geyser to collect diamonds. Yeah, there sure are diamonds there, but this fucking geyser is going off every 15 seconds and there’s a really high chance of getting burned
Fasciniating market. I’ve thought about throwing $300 at Ripple as a total “I don’t care if I lose this entire amount, it’s worth the risk” type gamble, but I’m not placing any serious money in this market either way. It’s way too volatile with way too much speculative emotional trading of people not wanting to miss out.
The people that shorted at the top yes, but how many people do you think really timed the top? There are also probably a lot of people who shorted it at 2000, and 3000, and 4000... all points of time it was called overvalued and a bubble (and you COULD short the Bitcoin investment trust GBTC and I’m sure a lot of people lost more than their initial investment doing it)Well, the people who shorted are making a fuck ton today. Shit is crashing hard.
The people that shorted at the top yes, but how many people do you think really timed the top? There are also probably a lot of people who shorted it at 2000, and 3000, and 4000... all points of time it was called overvalued and a bubble (and you COULD short the Bitcoin investment trust GBTC and I’m sure a lot of people lost more than their initial investment doing it)
That said, it could just as easily be up 50% next week.
Someone will win the trade, but there are extreme risks with shorting it. I’ve been margin called before. The security I got margin called on went down 95%. I called that it would crash, but it also went up 50% after my initial short (margin requirement was 500% of the short value) and I got burned. It fucking sucked. Especially being right and having to close out 30% of my position because of a margin call.
It’s not as easy as just identifying a bubble. There are big risks associated with taking a short position in an extremely volatile security.
I doubt we have seen the last of Bitcoin. Anyone who shorted at 15K+ now has a great unrealized (hopefully realized by now) gain, but make no mistake many people have been burned by being short bitcoin before this one short instance in time when it would have been profitable
Sorry I edited after my post. GBTC. It’s a Bitcoin Investment TrustDidn't BTC shorting only start like a week or two ago? I don't think it was possible to short BTC at 2k