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Is anyone else starting to become a bit worried? mod note in first post

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Comments

  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    Autochange wrote: »
    The mods are worse to do it. They were the ones that carried out the ban.

    If this thread turns into an echo chamber then im out.

    I welcome the contrarian view - but not at the expense of after hours nonsense. If you believe for a second that the 'contributions' from those two were (and still is in one case) anything other than 'after hours' rubbish, then I really can't see how you advance any argument/debate/discussion.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    I see JohnnyFlash has been banned. I hope the little squealers here are happy. Unable to argue with him you ratted and silenced him. Embarrassing stuff.

    I doubt anyone report him,he was given a warning and neglected to head it and seems to be banned now.

    JF rattled the same stuff over and over,didn't address points put to him and what's worse didn't even try to see things from other people's point of view,people agreed with some of his points and debates other, he didn't do that and that makes all his arguments moot,if you can learn and see things from everyone's perspective then what's the point?


  • Registered Users, Registered Users 2 Posts: 10,339 ✭✭✭✭LoLth


    Mod note: guys JF was contacted by me on thread and via pm to ask him to answer a direct response to his own request before he posted here again. JF responded to say that was ok, he would post elsewhere.

    He posted here without responding to the mod request. So, if he cannot resist posting we had to provide help.

    Blame posters for reporting his posts. Blame the mods (me in particular) for banning but ultimately it was his own choice and he made it in full knowledge of the facts regarding his status here.

    Discuss , disagree, argue, spitball. Don't troll or soapbox.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Excellent, so now that's out of the way - what do people think of the prospects of ETH hitting $100 or below?

    There would likely be a lot of resistance popping up there as it's very "affordable" to people in western countries at least.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    grindle wrote: »
    Excellent, so now that's out of the way - what do people think of the prospects of ETH hitting $100 or below?

    There would likely be a lot of resistance popping up there as it's very "affordable" to people in western countries at least.

    I'm think $100 would be the very end of the scale of how far it will go,there's a reason ETH is number two,in reality it should be 1 but BTC is the poster child and will be there for a while but ETH is the one and only crypto I believe will out live all the others


  • Moderators, Society & Culture Moderators Posts: 15,778 Mod ✭✭✭✭smacl


    grindle wrote: »
    Excellent, so now that's out of the way - what do people think of the prospects of ETH hitting $100 or below?

    There would likely be a lot of resistance popping up there as it's very "affordable" to people in western countries at least.

    Was kind of waiting for those more knowledgeable such as yourself to comment. I've been misreading it pretty consistently for the last couple of months but would certainly be looking at buying back in again. For me, the bigger question is whether it will fail or succeed long term, and whether it will be the main player, a main player or one of a number of minor players.


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    I apologise in advance for the lengthy horseshít.
    I wish I was knowledgeable about this stuff. End goal is to have 1% of Vitalik's knowledge and the current price means little beyond thinking "Ooh, could've sextupled my stack". Not a big deal in the long run, life is grand, it wasn't worth the gamble at the time or else I would have done it.
    Nobody has legitimate knowledge when it comes to pricing these things, it's unquantifiable. If Vitalik had legit knowledge on these things he would have sold most of his stack at $1300 instead of $400, Vlad wouldn't have sold at $10-$20, etc etc. All that's known is that businesses do want to incorporate the tech within the not-too-soon yet not-too-distant future. The closest analogue to scarce crypto assets in the real world recently is oil, which is and has been manipulated more, on a much wider scale and much more brazenly than the crypto markets. Which is saying something. But it's fine because that's oil. Let's start a war just because. Sounds great. :pac:

    On one hand ETH's a work in progress that's a couple of years away from being production ready on any large scale (although multiple plasma implementations should be arriving this year), on the other I consider $10b cap for ETH to be an insult considering the 50k+ devs working within it's ecosystem, the pace of development across the space, the ease of Kickstarter/VC-like funding it enables, the ease with which dividend-earning shares can be transferred across to ETH once the SEC settles their framework into place. It's future utility seems too valuable (maybe my folly) and I don't see anybody matching it in any sphere beyond crippling the amount of nodes as a "this might do for now" measure to increase tx throughput and speed while throwing caution to the wind about blockchain bloat, who the nodes are or what they might do.
    It could always have a temporary flash crash again, the demolishing of support levels at low volumes with the Bart memelines doesn't look like manic sell pressure from ICOs or miners to me, it looks like plain bullying of the price to create a massive stop-loss slide - I would't expect another $0.10 flash crash this might be a stupid presumption on my part but I'm imagining many learned a lesson from last summer's crash plus there's a much larger pool of buyers with Hail Mary orders waiting. Something that'll look and feel similar could happen again if any entrants after last summer haven't set their stop losses. After that a crazy short squeeze. The books will be near empty across most exchanges and a huge FOMO run starts again. But at what price? I wish I knew. I've funds set aside and price alerts at the ready all the way down. Will sell my ass for $10 ETH. 5ETH, sucky sucky, 10ETH fúcky fúcky*.

    From my point of view Ethereum would have to undergo some serious calamity to become a minor player overall - what could precipitate such a fall from grace and breed a willingness to dump the enormous amount of work that's been put into the protocol and everything built on top of it? Programmers tend to have a mercenary attitude and they don't like wasting their time if it's in demand. Nothing that's happened after the DAO has had enough weight to damage ETH fundamentally, so it's going to have to be worse than the DAO.
    Maybe if the Ethereum core team suffer a plane crash in the Andes and eat themselves or something.

    Which project/s do you think could be a main player against ETH?
    EOS? Not on my radar, it's bad design encourages manipulation like the RAM frenzy, collusion of nodes, malicious arbitrators whose actions require the head of the project ("I'm not the head of the project though" :rolleyes:) to rewrite the project's "constitution" despite repeatedly claiming BlockSense was a separate company/project and all that the EOS token gives you is use of EOS and shítcoin forks of itself. Larimer acts like someone who doesn't like testing all aspects of an update (or his own logic) before pushing a release and the only reason he's hiding behind his Blockstream-esque shell company is to circumvent securities laws. Ethereum would probably be like EOS if Gavin Wood was Vitalik.

    ETC is a nothing, they're the worst aspect of crypto idealism - that black-and-white "code is law forever" crowd who would waive theft away as if code and being a decent person can't coexist. What an ideal. Imagine something like the Equifax hack happening on a blockchain and nobody being held to account...heheheheheeee. Maybe crypto art will imitate life. I wouldn't want a project like ID2020 being set up on ETC that's for sure.

    I'd be more worried about Cardano due to the quality of devs and research but so many people got the FOMO bug at the height of everything that it's current value vs where they are in development is massively overbought. Also suffers from Hoskinson's crippling idealism where theft may be waived.

    NEO is odd, anybody using it in all it's indivisable glory should be going "Oh, wait - it's indivisable for absolutely no fúcking reason beyond forcing people to HODL on an exchange thus reducing supply". Let's say NEO takes off and hits $120b cap - people can't take their NEO off the exchange to use this $200 shítcoin unless they have a whole round number? So idiotic it's priceless and a barrier to entry or exit.
    "Just wait to build up gas" is a comment I've seen a few times. Yeah, that works fine for most when it's $20, more painful if it's $200+.
    It's sidechain thing Ontology had one of the worst whitepapers I've ever read, buzzword stew for people who don't read technical papers.

    Tron is Tron. Was and maybe still is a shítcoin, can now afford not to be in a culture where working people to the bone is taken for granted. Maybe it does well but the hype that got them to their current spot was an illness born out of greed and misinformat...wait, Justin has a scheduled announcement! No, wait, the announcement will be in a week, this was just an announcement of an announcement. *waits week* Excellent, the announcement is that something very special is coming soon and we all can't wait! So excited!!! ZOMG.

    I don't see any mass movement of devs to these other platforms, ETH is still dominating, the core team is easily the strongest as a whole that I've seen across crypto, the most transparent and interactive. The issuance rate was a big problem which has been somewhat curbed but IMO should still have been more conservative. Maybe they'll reduce further in preparation for PoS which will also have it's break-in period where tons will want "free" ETH from staking and it'll take a bit of time before that really evens out. The most patient will win that battle but depending on their timing if they're a trader they could be losing out on many opportunities to sell. Turns out that free ETH isn't free when there's an opportunity cost.

    I still haven't heard, read or seen any convincing arguments against Ethereum (or for any other chain that's stood up to intense scrutiny) or why it wouldn't dominate bar one - we're still so early that new devs entering the ecosystem and a fresh round of FOMO could tip something ahead of it. Tjhere could be a line of geniouses waiting of present an actual Ethereum killer (lol, no, not you Justin/Dan/Whoever that verge guy is!).
    ETH's dependent on relative ease of use, having the widest range of the most useful tools/libraries available and developer adoption. It currently has that lead and in my head it's got that tentpole feel - BTC has value because of the first-mover advantage which has become Apple brand - it feels premium but it's backwards-facing - ETH has a first mover advantage which was sponging working devs into it's ecosystem and long term it doesn't need the brand. Bitcoin cares or used to care about retail adoption, Ethereum is about worldwide enterprise use and is much further ahead on it's aims than Bitcoin has ever been. It's done in a few years what Bitcoin chose not to do - give a good reason to utilise blockchain that isn't a pie-in-the-sky hedge against fiat. Plus Bitcoin doesn't even want to do that any more, the devs and Blockstream employees have stated this many times. I don't know what it's purpose is supposed to be outside of speculation any more. It's the largest pool of crypto liquidity I suppose. Hardly an honour in an illiquid market.

    *sarcasm, please don't try to solicit my non-existent services if it hits these prices


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Have you seen what is happening with legalized marijuana stocks ? It's like last year's crypto market. All I f the money is flooding in chasing big gains. Since Goldman Sachs kicked the can on a crypto exchange and the latest etf was denied we have stagnated.

    At the minute all of the money is going into marijuana IPO's


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    Autochange wrote: »
    Have you seen what is happening with legalized marijuana stocks ? It's like last year's crypto market. All I f the money is flooding in chasing big gains. Since Goldman Sachs kicked the can on a crypto exchange and the latest etf was denied we have stagnated.

    At the minute all of the money is going into marijuana IPO's

    linky?


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  • Registered Users, Registered Users 2 Posts: 1,823 ✭✭✭ballyharpat


    Can the title of the thread be changed, apparently, the only people posting in here seem oblivious to bad news, and when it does drop, they make it sound like an opportunity, -in reality, it's an opportunity for people that didn't lose money , to lose money, or those that lost a little, to lose a lot.

    To put it in perspective, I invested 8k in a blue chip stock last week, the investment is down 8%, I am not concerned, but I'm also not looking on it as a good thing. Will my stock lose 50%? hell no, not unless the whole market collapses, and even then, like all good stocks, it will come back, will crypto come back? highly unlikely.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Can the title of the thread be changed, apparently, the only people posting in here seem oblivious to bad news, and when it does drop, they make it sound like an opportunity, -in reality, it's an opportunity for people that didn't lose money , to lose money, or those that lost a little, to lose a lot.

    To put it in perspective, I invested 8k last week, the investment is down 8%, I am not concerned, but I'm also not looking on it as a good thing. Will my stock lose 50%? hell no, not unless the whole market collapses, and even then, like all good stocks, it will come back, will crypto come back? highly unlikely.

    Define will crypto come back? What have you invested in?

    Any coins with global business partners or working projects?


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    Can the title of the thread be changed, apparently, the only people posting in here seem oblivious to bad news, and when it does drop, they make it sound like an opportunity, -in reality, it's an opportunity for people that didn't lose money , to lose money, or those that lost a little, to lose a lot.

    To put it in perspective, I invested 8k last week, the investment is down 8%, I am not concerned, but I'm also not looking on it as a good thing. Will my stock lose 50%? hell no, not unless the whole market collapses, and even then, like all good stocks, it will come back, will crypto come back? highly unlikely.

    Are you referring to you investing in cryptos or stock?

    If its the latter youre in the wrong thread, if the former then provide some explanation why you think cryptos wont come back? ( like they have actually gone somewhere in the first place:confused:)


  • Registered Users, Registered Users 2 Posts: 1,823 ✭✭✭ballyharpat


    What i am referring to is that anyone that argues against crypto is locked out or banned, JF was making valid points, has been making them since crypto was 14k, He may not have addressed every point, but I have yet to hear anyone make a valid point for why crypto will ever be worth more, and they are still here, this thread should actually have a warning, that crypto is not considered 'investing' or 'trading'.

    this is like going to a socialist party meeting and asking questions and making valid statements, but being shut down by everyone there, because they are all socialists, and them saying, you are wrong, because everyone here disagrees with you......


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    What i am referring to is that anyone that argues against crypto is locked out or banned, JF was making valid points, has been making them since crypto was 14k, He may not have addressed every point, but I have yet to hear anyone make a valid point for why crypto will ever be worth more, and they are still here, this thread should actually have a warning, that crypto is not considered 'investing' or 'trading'.

    this is like going to a socialist party meeting and asking questions and making valid statements, but being shut down by everyone there, because they are all socialists, and them saying, you are wrong, because everyone here disagrees with you......

    JohnnyFlash got banned because he was ignoring valid points put to him and failed to address them, a mod warned him as he was soapboxing and said he wasnt allowed post until he addressed the points put to him, he failed to do that,continued to post and was subsequently banned, not because of his views but because of his conduct.

    Point he made were valid and debate is actively encouraged, what isnt is ignoring arguments to your points and carrying on like you can do and say what you want in a maneer that tries to wind people up.

    There have been many examples put forward here by smacl,grindl,makeorbrake among others for cryptos and their current real world usage and their prospects for the future.

    The vast majority of people here accept not all cryptos will survive but nobody is psychic (except PPL but to his credit he can take criticism and is openly debating points put to him which is why he is needed in a thread like this so it doesnt become an echo chamber)

    Also cypto can be considered investment to people if they want and is actively traded and warnings are clearly stated on all major exchanges and articles regarding cryptos however this is a discussion forum, not an advice or news article, its not our job to warn people of the dangers


  • Moderators, Society & Culture Moderators Posts: 15,778 Mod ✭✭✭✭smacl


    What i am referring to is that anyone that argues against crypto is locked out or banned, JF was making valid points, has been making them since crypto was 14k, He may not have addressed every point, but I have yet to hear anyone make a valid point for why crypto will ever be worth more, and they are still here, this thread should actually have a warning, that crypto is not considered 'investing' or 'trading'.

    this is like going to a socialist party meeting and asking questions and making valid statements, but being shut down by everyone there, because they are all socialists, and them saying, you are wrong, because everyone here disagrees with you......

    You seem to be making the false assumption that people here aren't aware that crypto is extremely volatile and an exceptionally risky investment. I think that everyone here is entirely aware of both of these things, unless you have some information to the contrary. For example, anything I've put into crypto has been done on the basis of possibly being entirely wiped out. This doesn't bother me in the faintest, as I have the bulk of my money in far safer vehicles including a director's pension and a couple of properties. Crypto is not comparable to these types of investments and I'd suggest it is a mistake to make the comparison.

    Much of what JF said was valid the first time, but the endless repetition amounted to soapboxing. I see you post on the cycling forums pretty regularly, the same thing goes on there with motorists moaning about hi-viz and helmets. It's not that there's no merit to the argument, its that it has been repeated ad nauseum God knows how many times, everyone's well aware of it, there's not much mileage in repeating it and it comes across as condescending at best.


  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    What i am referring to is that anyone that argues against crypto is locked out or banned,

    I'm open to correction but to my knowledge, one individual has been banned here. See the mod's post - explaining why he was banned. It's as clear as night and day.
    JF was making valid points, has been making them since crypto was 14k,
    He made one or two valid points in between the 'after hours' nonsense talk and insulting people here - calling them idiots. If anyone wants to hear about someones drinking habits, prostitute buying habits or other unrelated nonsense, they can surf on over to the 'After Hours' forum where that rubbish belongs.
    He may not have addressed every point
    Every point? This is a discussion forum. Time and time again, he'd drop in this garbage and when people discussed it with him - he was gone...only to come back with the same garbage a few days later.
    I have yet to hear anyone make a valid point for why crypto will ever be worth more
    Plenty of points have been made as to why crypto / blockchain / DLT has value. We won't know what you deem to be valid or invalid unless you post in relation to the points made. It's not the mind reading forum.
    and they are still here,
    Who's still here?
    this thread should actually have a warning, that crypto is not considered 'investing' or 'trading'.
    Is Forex investing? And yet crypto involves new technology that has yet to mature. I don't think anyone has an issue here if you call it speculation.
    Is day or swing trading investing? Is the futures market investing?
    In your pen-ultimate post, you compared it with stocks. Sure, crypto is wildly more volatile than stocks. I have NOT seen anyone who has suggested otherwise?
    In your stock portfolio, do you invest in blue chips across the board or do you take on an element of high risk investments also?


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    I have yet to hear anyone make a valid point for why crypto will ever be worth more

    I'd presume you have most of us on ignore if you think this is crypto's death knell. Ethereum development is still going strong, it's still got billions flowing around the ecosystem (not including trading volume), ConsenSys has 1100 + employees who are working on enterprise use - they're not being paid from Ethereum gains, they're being paid by enterprise customers who're also hooked into the Ethereum Enterprise Alliance.

    Ethereum's current and future use cases have been repeated ad nauseum in response to JF and PPL (and never countered), a swarm of Fortune 500 companies are involved in it's future - present the case for why it's worthless. Don't become JF the 2nd. We're happy to post info and our own reasoning, we're happy to hear criticism as long as our critiques of those are also taken on board (JF's downfall).

    Maybe everything looks dead for a year or two and I get to buy ETH for $10 - that is an amazing opportunity for something I'm wagering will be used more and more on the back-end of fintech businesses over the next 5-10 years.
    If others don't think it will be used they're not forced to buy it. I don't see what the problem is with that.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag




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  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    sexmag wrote: »

    There's a shed load of stablecoins just after been launched/about to be launched. Most of them seem to address the issue with Tether. Hopefully, this will lead to a dilution of the significance of Tether in the market over time....which is healthier for the space as a whole.


  • Registered Users, Registered Users 2 Posts: 7,934 ✭✭✭Grumpypants


    Runs off to print a billion tether :pac:


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    It was 8 months ago when Autochange asked if anyone else was worried. The resounding answer from the crypto enthusiasts was NO. Nothing to see here. The underlying tech is strong. Good time to lower your average buy in costs. There's still some very worthwhile projects in the pipeline.

    At this point it seems clear the advice of PPL and JF which was to get out now was the advice people should have followed.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    It was 8 months ago when Autochange asked if anyone else was worried. The resounding answer from the crypto enthusiasts was NO. Nothing to see here. The underlying tech is strong. Good time to lower your average buy in costs. There's still some very worthwhile projects in the pipeline.

    At this point it seems clear the advice of PPL and JF which was to get out now was the advice people should have followed.

    Thanks for your opinion PPL, hows the prediction business going? Any people still buying your services?


  • Posts: 8,385 [Deleted User]


    To think, this time last year what's happening now would have been considered a massive crash. Shows how the bubble has distorted views


  • Registered Users Posts: 1,038 ✭✭✭rapul


    Grow up Paddy your very close to rubbing it in that some people might have lost money ,says alot about you doesn't it


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  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    Bitcoin has actually been fairly stable (for a crypto currency) in the past few months. The last 3 months have basically been ups and downs balancing each other to remain in a 5000-7000 euros range.

    At the same time altcoins are pretty much all going through a massive and prolonged crash though.


  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    Any suggestion that there are not good projects out there and that the underlying fundamentals are not strong is complete BS. Week on week we are seeing the big money edge in to position, step by step.

    That doesn't mean to say that speculation is anything other than high risk.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    Bob24 wrote: »
    Bitcoin has actually been fairly stable (for a crypto currency) in the past few months. The last 3 months have basically been ups and downs balancing each other to remain in a 5000-7000 euros range.

    At the same time altcoins are pretty much all going through a massive and prolonged crash though.

    BTC dominance has gone up to 57.8, something is happening and it seems that all money is either going in or staying in BTC


  • Registered Users, Registered Users 2 Posts: 5,200 ✭✭✭hots


    sexmag wrote: »
    BTC dominance has gone up to 57.8, something is happening and it seems that all money is either going in or staying in BTC


    I'm not sure if that's because it's still the "trusted" one or because it's the normal gate in and gate out for crypto?


  • Registered Users Posts: 8,239 ✭✭✭Pussyhands


    Down over 80% now.

    I would need it to grow by 400% to make my money back.


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  • Registered Users Posts: 1,038 ✭✭✭rapul


    Sorry you lost 80% mate but how are people loosing that much ,did you invest November/December of last year? Because being honest I'm barely down 100 Euro but I didn't buy anything before Xmas I'm presuming that's how? Nearly everything I own is still up more than when I bought it


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    rapul wrote: »
    Sorry you lost 80% mate but how are people loosing that much ,did you invest November/December of last year? Because being honest I'm barely down 100 Euro but I didn't buy anything before Xmas I'm presuming that's how? Nearly everything I own is still up more than when I bought it

    People talk about opportunity cost from ATH when they talk that way.
    I'm "down" 80% from ATH in crypto terms but up in fiat terms.


  • Registered Users Posts: 8,239 ✭✭✭Pussyhands


    rapul wrote: »
    Sorry you lost 80% mate but how are people loosing that much ,did you invest November/December of last year? Because being honest I'm barely down 100 Euro but I didn't buy anything before Xmas I'm presuming that's how? Nearly everything I own is still up more than when I bought it

    Yes. I feel stupid that I fell for all the hype.


  • Registered Users Posts: 8,239 ✭✭✭Pussyhands


    grindle wrote: »
    People talk about opportunity cost from ATH when they talk that way.
    I'm "down" 80% from ATH in crypto terms but up in fiat terms.

    No I put 1k in and now it's at 181.


  • Registered Users, Registered Users 2 Posts: 1,303 ✭✭✭sexmag


    grindle wrote: »
    People talk about opportunity cost from ATH when they talk that way.
    I'm "down" 80% from ATH in crypto terms but up in fiat terms.

    Yeah i bought in around september last year and waited, then let the feb dip come and bought some more, im still doing ok, not near my ATH of course but its ok, will happily buy more when i feel the bottom is close, didnt buy more before the recent rise but thats how its played


  • Registered Users Posts: 1,038 ✭✭✭rapul


    I get ya ,still sorry to hear mate that's rough ,your best option is to just hold, give it time you'll be laughing no doubt in the future ,think of it as a long term investment


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    sexmag wrote: »
    BTC dominance has gone up to 57.8, something is happening and it seems that all money is either going in or staying in BTC

    Indeed this is what seems to be going on.
    hots wrote: »
    I'm not sure if that's because it's still the "trusted" one or because it's the normal gate in and gate out for crypto?

    Good question and I actually started a thread on this in the morning. I tend to think we are witnessing the slow death of most altcoins, but hard to know for sure.


  • Registered Users, Registered Users 2 Posts: 2,213 ✭✭✭ZeroThreat


    Anyone visited the 'Breaky Bitcoin Blues' thread over at After Hours?

    I see our good friend JohnnyFlash has been active there.

    :D

    https://www.boards.ie/vbulletin/showthread.php?t=2057909736


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    rapul wrote: »
    I get ya ,still sorry to hear mate that's rough ,your best option is to just hold, give it time you'll be laughing no doubt in the future ,think of it as a long term investment

    Agree at this stage the best option is to wait, but if the OP is holding mostly altcoins (especially obscure ones) the chances of them recovering is not that high IMO. If it is most bitcoin then the chances are pretty decent.


  • Registered Users Posts: 8,239 ✭✭✭Pussyhands


    Bob24 wrote: »
    Agree at this stage the best option is to wait, but if the OP is holding mostly altcoins (especially obscure ones) the chances of them recovering is not that high IMO. If it is most bitcoin then the chances are pretty decent.

    Split between BTC, ETH, LTC and NEO


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  • Registered Users Posts: 1,038 ✭✭✭rapul


    Yeah I would split between litecoin and ethereum ,litecoin will probably give good returns cause when bitcoin goes up litecoin goes up ,history repeats unless you can get a full ethereum then I'd try do both

    Edit : just my opinion don't act on it just saying incase!!


  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    @ZeroThreat : I'm very much in favour! Otherwise, an actual contrarian view from anyone without the after hours nonsense is more than welcome here.


  • Registered Users, Registered Users 2 Posts: 5,200 ✭✭✭hots


    Pussyhands wrote: »
    No I put 1k in and now it's at 181.


    Ouch, fingers crossed for you!


  • Registered Users, Registered Users 2 Posts: 5,200 ✭✭✭hots


    I did a recheck of how much I put in and withdrew and I'm now down to my last 100 of profit (from a high of ~1300 up), I think I'm at cashout stage tbh, gonna roll the last of the profits on one last punt maybe.


  • Moderators, Society & Culture Moderators Posts: 15,778 Mod ✭✭✭✭smacl


    Pussyhands wrote: »
    No I put 1k in and now it's at 181.

    Similar amount of money down albeit with more value still in coins left (though for how much longer is anyone's guess). Also have some fiat sitting on Kraken with a plan to buy back in once things level out. Really interested in seeing where this is going, don't see the fat lady reaching for the mike just yet.


  • Registered Users Posts: 1,913 ✭✭✭Pintman Paddy Losty


    rapul wrote: »
    Grow up Paddy your very close to rubbing it in that some people might have lost money ,says alot about you doesn't it

    What says a lot about me is from day one I offered sound advice and opinion on where the crypto space was headed. Long winded complicated analyses about some hotel using block chain or a car manufacturer thinking about implementing IOTA are all well and good but the fact of the matter is they have sweet **** all to do with the inherent value of the plethora of Sh1tcoins being peddled by people here.

    The OP asked a simple question in January of this year. Was anyone else worried? Time has shown he was indeed right to be worried (for reasons outlined by myself and Johnny Flash). The people who listened are very happy they did (I've received multiple PMs from users who have thanked me for making them see the light early). The other side still to this day are saying the only strategy is to HODL.

    Pussyhands, you have 181e left. My advice is to take that money out of crypto. Go out and have a steak dinner in FX Buckleys and a lash of pints. That will be much more enjoyable than looking at charts of red candles and your remaining investmeny dwindling to nothing.


  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    This thread was started on the basis of speculation on cryptocurrency and where that speculation was leading. Speculation is decoupled from the technology itself. For those of us that have been keeping up to speed with developments in the technology, it's in a much stronger position than it ever was as developers and others work away diligently on the technology.

    It's been a bad year for speculation. That's the nature of speculation - it's a risky game. The suggestion that there is no inherent value is backed up by zilch, nado, zero, nothing. I'm totally open to tangible debate and discussion of the tech but 'after hours' grade rubbish I have no time for. It belongs in AFTER HOURS.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Put in 4.5k. Now at 1800.
    Wish I didn't put anything in at all.

    It's a dirty, manipulated game.
    Big money holds to power and all of the old scamming and manipulation which is banned in regular stocks and shares is rampant in this space.

    I recently went all in on vechain and will hold this position come what may.
    I won't be buying more though.

    I started the thread a while back and the market has only gone one way since.


  • Moderators, Society & Culture Moderators Posts: 15,778 Mod ✭✭✭✭smacl


    Pussyhands, you have 181e left. My advice is to take that money out of crypto. Go out and have a steak dinner in FX Buckleys and a lash of pints. That will be much more enjoyable than looking at charts of red candles and your remaining investmeny dwindling to nothing.

    Yep, cause he'll feel so much better tomorrow morning a couple of hundred bucks down with a screaming hangover. It really beggers belief that that you criticise people here for wasting their money and then advocating pissing it up against a wall. As has just been said, you might be better sticking to AH.


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  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    ZeroThreat wrote: »
    Anyone visited the 'Breaky Bitcoin Blues' thread over at After Hours?

    I see our good friend JohnnyFlash has been active there.
    It looks nice for him there, he'll be well looked after and there's plenty of his own kind there too! Better than that - those people know much less than him so he can appear to be authoritative!

    "I haven't read a fúcking jot on this scam but it is a scam because bubble bubble pip pop!"
    Such a waste of potential brainpower in that thread.


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