BTC finally moving again. Hopefully some of you increased BTC holdings via ETH just in time for BTC's uptrend.
Good luck on your trades everyone.
Topic: Altcoin Sub Fans... Time to Let Go of Your Altcoin and Buy Bitcoin (Read 6326 times)
February 17, 2016, 04:50:14 PM
January 09, 2016, 02:54:55 PM
DOGE mucho breakout.
Go figure! What's old is new again...
Bought some at 36, 37, 38 sats. I hope we don't get whipsawed again 
(((
(((Best of luck.
I have kind-of the opposite problem with Factom. To hedge things a bit, I'm Bitcoin-cost averaging - and my first-&-only haunch has made a profit of ~40% already. And of course, I'm grumbling about the price going too high.
January 08, 2016, 09:27:57 PM
DOGE mucho breakout.
Bought some at 36, 37, 38 sats. I hope we don't get whipsawed again(((
Bought some at 36, 37, 38 sats. I hope we don't get whipsawed again
((( January 02, 2016, 02:34:29 AM
All things considered I personally won't be getting in without a clean break above .0014 - .0015 with good volume AND liquidity. I might but with smaller positions. Volume right now is ok but the bid side orders are just too thin to even consider that it's seriously breaking out right now.
January 02, 2016, 01:50:49 AM
As predicted, XMR is now rising, with an upside breakout from the downward trendline. The positive news catalyst is that the Monero developers were busy writing code during the holidays and released version 0.9.0 while everyone was asleep/drunk on New Year's:
January 01, 2016, 11:25:07 PM
With good volume, I might add.
January 01, 2016, 11:09:08 PM
Monero going for a breakout out of its range.
December 29, 2015, 04:29:30 AM
Bottom hit? Watch NXT. There's no breakout as of now, but t's good to put in your watchlist.
December 21, 2015, 04:27:16 AM
Nah sorry, I like to diversify. Bitcoin is important, but it does not hurt to buy 2-3 altcoins if you see some value in them.
December 20, 2015, 12:43:53 AM
Anyone know what's going on with Factom? Nice little run up there. I missed it though...
December 14, 2015, 10:30:18 PM
XRP stop loss hit. -_-
December 14, 2015, 06:13:10 PM
I personally favor Monero, since it's the anonymous encrypted internet money that the original Silk Road users once thought Bitcoin was, and is the world's first true digital cash. As a Bitcoin miner & trader since early 2011, I have loved it and still do for various things, but unfortunately Bitcoin is already legacy (e.g., Netscape Navigator). If you want true next-gen Bitcoin 2.0 cryptocurrency / digital cash, Monero is the new kid on the block (e.g., Google Chrome alpha/beta). Monero / XMR isn't a fork of Bitcoin but rather rewritten from the ground upwards, is fungible, untraceable, anonymous, & scalable (and they fixed the block size problem too), and some Bitcoin devs are updating Monero's code which gives it credibility, as well as multiple Ph.D. cryptographers. I've converted my BTC funds to XMR and don't plan on going back to legacy (except when necessary using services such as https://xmr.to). The free market shall decide...
December 14, 2015, 12:00:41 PM
I don't want to sell my XMR for BTC since BTC are being tracked by https://www.blockseer.com, http://polycoin.io, http://coinalytics.co/, https://chainalysis.com/, etc., I'd rather keep my funds in Monero which is private, fungible, untraceable, & scalable (they fixed the block size problem).
Good point. If you think back to when bitcoin first hit popular tech articles probably the biggest point of the whole things was anonymous currency because no one knew wtf was going on back then. Then it turns out all your funds and transactions are viewable by anyone. For a while in 2012 blockchain.info was displaying the IP address of people sending transactions and showing it on a map lol.
I'm spooked by how fast bitcoin is climbing. Are there any coins that trade counter to bitcoin that I can use to hedge? Or is moving from a speculative to more speculative cryptocurrency just a retarded idea?
December 14, 2015, 11:53:36 AM
Watching XMR...
December 13, 2015, 11:04:12 PM
I don't want to sell my XMR for BTC since BTC are being tracked by https://www.blockseer.com, http://polycoin.io, http://coinalytics.co/, https://chainalysis.com/, etc., I'd rather keep my funds in Monero which is private, fungible, untraceable, & scalable (they fixed the block size problem).
December 13, 2015, 10:10:43 PM
Clam still looking good surprisingly. Volume kinda thin though...
Clam looks good like clams casino at a roadside diner in Wichita Nebraska or Lincoln Kansas.
December 13, 2015, 10:06:09 PM
Clam still looking good surprisingly. Volume kinda thin though...
December 10, 2015, 05:44:11 PM
^ Does it pay in Bitcoins?
It doesn't pay dividends. It acts as a standard cryptocurrency, having value in part because of the expense required to generate coins, and also gaining value as the difficulty rises and as the supply is spread to more people through increased adoption.
But NXT is cheap now, so you can burn your altcoins for BARR, sell them for NXT, wait for NXT to go up a little, and then sell NXT for BTC, with plenty of time left before next year's block halving and hopeful moonride to the Bitcoin lunar palace.
Or you can probably bypass the burn and redemption process - we will attempt to maintain buywalls for all accepted coins during the burn period, so that people who want to dump can dump to us on Cryptsy or Polo, and we'll burn those coins ourselves. Then they don't have to go to the trouble of exchanging for BARR and then dumping that.
Second ^^ this is a very interesting concept to me, but I don't understand how your coin derives value from the destruction of others, and the churning out of coins is not limited by anything. The making of brand-new coins, I mean. You are absolutely right that there are way, waaaaay too many altcoins on the market. No one is ever, not in a million years, going to use these coins for anything other than trading and the pump and dump stuff. How's it going with your project?
December 10, 2015, 05:39:37 PM
For us with few Bitcoin, it's better to stay in the altcoin market where we have ability to increase our portfolio big, then switch to Bitcoin.
December 10, 2015, 03:47:39 PM
Clam starting to breakout. Let's wait and see if volume improves.
Disclosure: Have not bought any yet.
Caveat.. etc, etc.
Disclosure: Have not bought any yet.
Caveat.. etc, etc.
So's Bitcoin, although not to the extent that it rocketed up last month.
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