10 btc in XMR and 10 btc in ETC.... Balls of steel, or plain stupidity?

whap

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Quote from: serjent05 on October 18, 2016, 12:35:01 PM

Quote from: BitcoinHodler on October 18, 2016, 11:34:54 AM

Quote from: Raja_MBZ on October 18, 2016, 08:28:59 AM

ETC is the best choice to have right now if you ask me, we are going to see the full potential of it very soon. About XMR, I don't think so that the investment would be very attractive.

by the time this topic was created XMR was the hot coin of the day and there were lots of profit opportunities there to take advantage of. and i actually still think that XMR will rise again in the future when this pump is done and over and after a period of silence.

Yeah I agree, there was a bubble when the thread was created, I heard that XMR is pretty popular in some trades, though there are lots of controversies regarding this coin that somehow hurt it. But well pump always happen in the least time expected. Probably after the accumulation of whales, this coin will be pumped again.

What controversies? I've been in this community for over 2 years and witnessed no controversy at all. But you'll find a lot of negative aspects if it's your desire, or fits an agenda... I advice to read up on XMR, its rock solid cryptography, and see how devoted this community is. All attacks on Monero so far, on a technical as well as on a political level, have been refuted succesfully. Those 10 BTC in XMR wouldn't bother me. ETC for the moment is just a P&D and has to prove itself first, we'll see if it can form a bottom here.

serjent05

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Quote from: BitcoinHodler on October 18, 2016, 11:34:54 AM

Quote from: Raja_MBZ on October 18, 2016, 08:28:59 AM

ETC is the best choice to have right now if you ask me, we are going to see the full potential of it very soon. About XMR, I don't think so that the investment would be very attractive.

by the time this topic was created XMR was the hot coin of the day and there were lots of profit opportunities there to take advantage of. and i actually still think that XMR will rise again in the future when this pump is done and over and after a period of silence.

Yeah I agree, there was a bubble when the thread was created, I heard that XMR is pretty popular in some trades, though there are lots of controversies regarding this coin that somehow hurt it. But well pump always happen in the least time expected. Probably after the accumulation of whales, this coin will be pumped again.

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: Raja_MBZ on October 18, 2016, 08:28:59 AM

ETC is the best choice to have right now if you ask me, we are going to see the full potential of it very soon. About XMR, I don't think so that the investment would be very attractive.

by the time this topic was created XMR was the hot coin of the day and there were lots of profit opportunities there to take advantage of. and i actually still think that XMR will rise again in the future when this pump is done and over and after a period of silence.

Raja_MBZ

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ETC is the best choice to have right now if you ask me, we are going to see the full potential of it very soon. About XMR, I don't think so that the investment would be very attractive.

Shiroslullaby

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I actually don't think anyone is using Monero (yet)
and thats the problem.

It appears the darknet market adoption was overhyped and none of the vendors are really accepting it for payments.
Which is crazy since there have definitely been cases of vendors being busted through their Bitcoin withdraws.

I still believe the future will be good for Monero unless it dies with the release of Zcash.
(And you're fucking crazy if you trust Zcash for your privacy. Trusted setup ROFL.)

ETCethereum

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iam choose monero is compare etherum classic ETC
potential grow incraese price is good monero, and big community use monero

European Central Bank

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Quote from: kanoptx on October 13, 2016, 08:40:10 AM

why?

why do they have such high valuations in the first place? they're not being used for anything. they seem to be planning another bunch of hard forks. it's nothing other than software that might deliver or might not. I wouldn't give $50 for software that didn't work, let alone hundreds of paper millions.

people seem to have a blindness for huge numbers. in theory ethereum's market cap's was $1,000,000,000. that's market cap so it's bullshit but there is absolutely no reason why it shouldn't be $50,000,000 or $500,000. That still wouldn't reflect the true value which ain't too far above zero.

Febo

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Quote from: Darker45 on October 13, 2016, 12:18:31 PM

It's a good choice but I don't think it'll do great by just holding it long term. Or maybe you already have a target price? Monero might explode again anytime though. I say just trade it actively when there is a good chance.

Trading you have same chances to lose it all as to get rich.

Darker45

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It's a good choice but I don't think it'll do great by just holding it long term. Or maybe you already have a target price? Monero might explode again anytime though. I say just trade it actively when there is a good chance.

adolf512

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Quote from: kanoptx on October 13, 2016, 08:40:10 AM

Quote from: adolf512 on October 13, 2016, 03:13:17 AM

they can both lose more than 90% of the value.

why?

I doubt both ETC and ETH will survive, i expect at least one of them to slowly die(look at peercoin), also the etherium marketcap is very high compared to other alts such as monero(more than 10 times higher).

kanoptx

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Quote from: adolf512 on October 13, 2016, 03:13:17 AM

they can both lose more than 90% of the value.

why?

adolf512

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I currently hold XMR worth 5.6 BTC, if you buy xmr during one of the horrible dips you do have balls of steel, but the real challange is not selling too early.

I of course i like ETC better than ETH but i will not hold any of these, they can both lose more than 90% of the value.

ElpadroBitcoin

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If you are investing with such amounts into altcoins you have balls of steel if you are asking me because these altcoins mostly still have to proof themselves these days and its also that they can get dumped in a short time period due to this I think its smart but on the other hand stupid.

kanoptx

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Quote from: European Central Bank on October 08, 2016, 07:13:52 PM

Quote from: kanoptx on October 08, 2016, 07:09:27 PM

i still have my free ETC... been a disappointment.

it was free and you're disappointed? wow. i'd be pretty pleased. etc has to do more than just not be eth any more. it needs to deliver on its ethos or it's gonna slowly fade away into irrelevance.

guess you're right. xD still, i didn't sell hoping it would go bonkers.

European Central Bank

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Quote from: kanoptx on October 08, 2016, 07:09:27 PM

i still have my free ETC... been a disappointment.

it was free and you're disappointed? wow. i'd be pretty pleased. etc has to do more than just not be eth any more. it needs to deliver on its ethos or it's gonna slowly fade away into irrelevance.

kanoptx

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Quote from: DaveyJones on October 08, 2016, 03:38:59 AM

Quote from: kanoptx on October 08, 2016, 03:33:09 AM

aaaaaaaaaaaaaaaand it was a dumb idea Cry

aaaaaaaaaaaaaaaand it may look different next year... he said long time. So time will tell, but im not sure about ETC ... it may have the better ethics but since when did that count in this sphere?

i still have my free ETC... been a disappointment.

sandiman

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Quote from: Red-Apple on October 08, 2016, 11:05:03 AM

overall, investing in XMR has been the best decision of my life since i made a lot of profit from the multiple rises and if OP had invested too, i am sure he enjoyed the ride also.

but ETC has been a real surprise and also a real disappointment for me since i was expecting a lot more rises rather than just small short movements.

Small short movement ?? that volatility was paradise for trader! what the hell are you talking about??

Red-Apple

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overall, investing in XMR has been the best decision of my life since i made a lot of profit from the multiple rises and if OP had invested too, i am sure he enjoyed the ride also.

but ETC has been a real surprise and also a real disappointment for me since i was expecting a lot more rises rather than just small short movements.

European Central Bank

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Quote from: sandiman on October 08, 2016, 05:35:06 AM

Thanks for the empirical exemple of why no one should FOMO.

depends on whether he sold or not. did he say what price he bought at? I can't be bothered to check out the charts.

the poloniex pumpers have warped the alt market so much there's no real way of knowing where any of these coins are headed. the only demand there is is demand for a pump. a lot of money's been made but nothing's been contributed to any project's future.

but yeah, the only time to buy is when something's asleep or in the doldrums.

Shiroslullaby

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I'm sure someone who can invest 20 BTC on an altcoin speculation isn't digging through dumpsters to find their next meal.
And if these coins make a big gain what will the haters say then? OP will look like a fucking genius lol.

Personally I think both of these coins have potential to make some gains from where they are today,
though I don't know what OP paid for them since this post is a month old already and XMR was much higher before the recent dip.

Topic: 10 btc in XMR and 10 btc in ETC.... Balls of steel, or plain stupidity? (Read 3043 times)