Bitcoin $781.41

D

dunclock

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Snafu said:
doesn't matter what people answer, they know as much as you (well, close)

i have split my crypto holdings like this
1/4 bitcoin
1/4 etherium
1/4 iota (currently iota/eth and iota/btc)
1/4 daily play wallet


if you really except lottery like win, get those tickets then :lol:
Click to expand...

:mj07: BUT I am on the very bottom of the scale of knowledge :facepalm:
 
BobbyBlueChip

BobbyBlueChip

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BTC will be at $5,000 by 12/31/16 (I think) but I think your portfolio now will outperform that by 12/31/16. But I don't know. Nobody knows.

But trading alts in the red for btc that's been green for 20 days seems to be a horrible short term strategy.
 
D

dunclock

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BobbyBlueChip said:
BTC will be at $5,000 by 12/31/16 (I think) but I think your portfolio now will outperform that by 12/31/16. But I don't know. Nobody knows.

But trading alts in the red for btc that's been green for 20 days seems to be a horrible short term strategy.
Click to expand...

:0008

what makes it hard to hold is that would be another 30% increase from the current Bitcoin price and everyday watching my alt coins showing up in the RED
 
Woodson

Woodson

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dunclock said:
No one answered my question about should I keep my alt coins that I posted, which I have lost 30% of investment on, OR move them to Bitcoin, which they would have gained over 60% value in less than 2 weeks :shrug:

I do not really understand the alt coin world, would love to and hit lottery like money, so I am gonna go buy me some lottery tickets :142smilie

Appreciate advice/input but hate seeing them drop almost daily and bitcoin doing incredible leaps and Woody is predicting even more. :0008

this is my current list of alt coins ... buy or trade for bitcoin?
DGB
ETC
LBC
LSK
SC
STRAT
SYS
VIA
Click to expand...


First rule of crypto, dont panic sell!!!!
Dont sell lbc, strat, lsk, sys, via...
 
Woodson

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dunclock said:
:0008

what makes it hard to hold is that would be another 30% increase from the current Bitcoin price and everyday watching my alt coins showing up in the RED
Click to expand...

If you sell now you lose. Start a new thread and Ill go into each g
Coin. Dont sell. Trading is all about patience.
 
Woodson

Woodson

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BobbyBlueChip said:
BTC will be at $5,000 by 12/31/16 (I think) but I think your portfolio now will outperform that by 12/31/16. But I don't know. Nobody knows.

But trading alts in the red for btc that's been green for 20 days seems to be a horrible short term strategy.
Click to expand...

Exactly!!!
 
D

dunclock

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Woodson said:
First rule of crypto, dont panic sell!!!!
Dont sell lbc, strat, lsk, sys, via...
Click to expand...

thanks bub :0008

guess you are saying cash the DGB and SC for more Bitcoin

I want to get more BTC and not enough disposable right now without tapping savings which I do not know enough about this to take that risk ... appreciate the help and all future advice :0074
 
Woodson

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Snafu said:
Woodson or T, how you like BCH (bitcoincash) at the moment ? it's $315 and profitable mining level is 1/6th of BTC (currently $648):

https://www.coindesk.com/bitcoin-cash-eases-mining-difficulty-blockchain-adjusts/
https://www.coindesk.com/even-miners-hate-bitcoin-cash-might-want-mine/

How you feel about it getting into that 1/6th of BTC price ? = 100%

:0008
Click to expand...


Because I hold a very large sum of bitcoin, I now own a very large some of BCC. Its a great hedge for November if the China miners try to move to BCC... There are several valid conspiracy theories out there discussing this.
 
Snafu

Snafu

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Woodson

Woodson

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$5,000...



To all the naysayers,,, its going to $100k...


I'm done writing about it....

Its not too late,
 
T

Trentwalker

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Woodson said:
$5,000...



To all the naysayers,,, its going to $100k...


I'm done writing about it....

Its not too late,
Click to expand...

Blockchain is the future, and BTC might have some utility down the road, but you are falling into the classic bubble trap. Think Tulips and beanie babies.

All of these alt coins (save BTC and maybe Ether) are worthless. They are akin to air miles. If you think governments are going to let an unregulated system replace fiat, you are seriously deluded. If you think governments can't do anything to stop it, you are seriously deluded.

When a payment system becomes more valuable to hoard than to make actual payments, it is unsustainable.

The bubble has popped. The relief rally is occurring now. Final value will be under $1,000 likely lower.
 
Last edited:
BobbyBlueChip

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BTC is up 20% since the finance guy weighed in. He's right - Blockchain is the future but what he doesn't realize is there is no real blockchain without a digital currency. One entity just bought $51m into one wallet. The institutional money is here and it's going to keep coming. And they're all going to want our coins.


f07efe1092627b04780fd7e9c2a78e1f.png



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