50/50
50% BTC 50% ALTCOIN
Topic: Bear market to continue thru October 2015 (Read 7185 times)
I'd probably move into cash and pick and choose altcoins that appear undervalued.
Other than that, I like that the forum is slowly adopting the negativist outlook - once everyone loses hope, the smart money will buy again... and before everybody realises, we are atop again.
Really? I feel that the forum has been very pessimist (at least for short or mid-term) since last February, except for the few permabulls.
Currently suiciding myself again on many alts with hopes for mid-term stagnation / slight rise.
Other than that, I like that the forum is slowly adopting the negativist outlook - once everyone loses hope, the smart money will buy again... and before everybody realises, we are atop again.
Just a remainder - Bank of America estimated BTC to be $1500 by the end of year
Other than that, I like that the forum is slowly adopting the negativist outlook - once everyone loses hope, the smart money will buy again... and before everybody realises, we are atop again.
Just a remainder - Bank of America estimated BTC to be $1500 by the end of year
Bank of America, especially that analyst, have no idea what they're talking about & have been wrong countless times before. Good luck to all.
That's why I don't buy Microsoft shares. Have you seen how many Steve Ballmer and Bill Gates have? 
Therefore, Microsoft as a company is worth nothing and it shares should be valued at zero dollars. Don't buy Microsoft, when Ballmer decides to dump then it's bye bye Microsoft...
Like corporate life and Bitcoin/crypto can be compared... Centralized vs decentralised, jeeeez, some people.. Therefore, Microsoft as a company is worth nothing and it shares should be valued at zero dollars. Don't buy Microsoft, when Ballmer decides to dump then it's bye bye Microsoft...
Are you arguing the shareholders of Microsoft are centralised? You might try and construct an argument based around risk but these comments make no sense.
Both have large holders who have a big interest in seeing their organisations be successful, if only for their own self interest in maintaining their own wealth.
+1
Ripple is all held by internal insiders while a lot of these companies have a lot public stakeholders with no affiliation with the company anymore.
The percentage of public stock in these companies is higher than the "public" coins of Ripple (less than 10% of total supply)
Currently suiciding myself again on many alts with hopes for mid-term stagnation / slight rise.
Other than that, I like that the forum is slowly adopting the negativist outlook - once everyone loses hope, the smart money will buy again... and before everybody realises, we are atop again.
Just a remainder - Bank of America estimated BTC to be $1500 by the end of year
Other than that, I like that the forum is slowly adopting the negativist outlook - once everyone loses hope, the smart money will buy again... and before everybody realises, we are atop again.
Just a remainder - Bank of America estimated BTC to be $1500 by the end of year
Almost all my crypto friends sell their rigs. It's not looks good.
Miners are realising that they can't compete with the mining farms built by the equipment manufacturers.
And the sad thing is that these mining farms instantly sell all their coins, in opposition with the olden-days miners who majoritarely were holders.
That's a good reason to forecast a bear market.
+1
About 66% of my holdings are invested in SuperNET and SuperNET core coins, mainly Nxt and BTCD.
If SuperNet delivers, (and it seems so) it will be a complete game changer. Expect 10x for the value of the 66% of your portfolio.
bearmarket is done. Buy, buy, fuckin panicbuy (everything) bitches! 
About 66% of my holdings are invested in SuperNET and SuperNET core coins, mainly Nxt and BTCD.
%100 in Litecoin.
Almost all my crypto friends sell their rigs. It's not looks good.
Miners are realising that they can't compete with the mining farms built by the equipment manufacturers.
And the sad thing is that these mining farms instantly sell all their coins, in opposition with the olden-days miners who majoritarely were holders.
That's a good reason to forecast a bear market.
Almost all my crypto friends sell their rigs. It's not looks good.
That's why I don't buy Microsoft shares. Have you seen how many Steve Ballmer and Bill Gates have?
Therefore, Microsoft as a company is worth nothing and it shares should be valued at zero dollars. Don't buy Microsoft, when Ballmer decides to dump then it's bye bye Microsoft...
Like corporate life and Bitcoin/crypto can be compared... Centralized vs decentralised, jeeeez, some people.. Therefore, Microsoft as a company is worth nothing and it shares should be valued at zero dollars. Don't buy Microsoft, when Ballmer decides to dump then it's bye bye Microsoft...
Are you arguing the shareholders of Microsoft are centralised? You might try and construct an argument based around risk but these comments make no sense.
Both have large holders who have a big interest in seeing their organisations be successful, if only for their own self interest in maintaining their own wealth.
wow 31.6% say Move 100% to alts I thought I am the only crazy bastard.
We need to choose our investments with extra caution,
I believe most of the alts/coins/assets/platforms will take major hits and even die.
I also believe that few will stay around and those will climb in price significantly.
Just my opinion
We need to choose our investments with extra caution,
I believe most of the alts/coins/assets/platforms will take major hits and even die.
I also believe that few will stay around and those will climb in price significantly.
Just my opinion
Karpeles could be selling HUGE amounts of stolen coins. If that is the case: you better be not in bitcoin.
I can see signs of trendreversal on many alts for weeks - some good pumps already again. Can't hold alts down much longer. If bitcoin can't hold the drink we'll have to leave it behind.
So if (big if) Karp-fuck is the cause of this, once people realise there will be a huge run for the good altcoins. Litecoin could even move in to replace the bitcoin in that scenario.
I can see signs of trendreversal on many alts for weeks - some good pumps already again. Can't hold alts down much longer. If bitcoin can't hold the drink we'll have to leave it behind.
So if (big if) Karp-fuck is the cause of this, once people realise there will be a huge run for the good altcoins. Litecoin could even move in to replace the bitcoin in that scenario.
MtGox will be giving a statement they're reinstating btc withdraws. People will buy btc there and leave to other exchanges to sell those cheap coins. The price at the other exchanges will stay low because of the steady income of cheap coins from MtGox.
Or
MtGox is insolvant and we'll see a crash on all exchanges.
After this entire debacle we'll be going up.
I will move 100% into altcoins.
That's a very aggressive position. But I understand that some people want to do it this way, and are counting on alts to grow much more than BTC. That said, I would only invest in trusted alts like BC, DRK, APEX and some old ones like LTC and PPC.
Why not? Bitcoin is only 500K - 2 million users. The internet had 3 million users in the late 1980s. Jeffrey Robinson himself said Bitcoin is 250K users and is smaller than the frequent flyer club of Kuwaiti airlines. PayPal is 150 million users. Whatsapp has 600 million users. Facebook has 1.2 billion users.
It seems like a credible theory that some alternate, better at promotion and user base expansion, could go viral and surpass Bitcoin's small userbase within months and people here will be asking themselves what just happened.
Totally agree - great perspective. imho, bitcoin squandered much of its past year of fame and someone else is (hopefully) going to pick up the ball and make crypto a smashing success.
Perhaps bitcoin's name has been tarred with the same brush as the silk road in some people's minds. It's unfortunate that a large number of people heard about bitcoin because of it's use on the silk road. Alternate crypto's are mostly free of that kind of bad publicity and that might be a factor that helps one surpass bitcoin.
I will move 100% into altcoins.
That's a very aggressive position. But I understand that some people want to do it this way, and are counting on alts to grow much more than BTC. That said, I would only invest in trusted alts like BC, DRK, APEX and some old ones like LTC and PPC.
Why not? Bitcoin is only 500K - 2 million users. The internet had 3 million users in the late 1980s. Jeffrey Robinson himself said Bitcoin is 250K users and is smaller than the frequent flyer club of Kuwaiti airlines. PayPal is 150 million users. Whatsapp has 600 million users. Facebook has 1.2 billion users.
It seems like a credible theory that some alternate, better at promotion and user base expansion, could go viral and surpass Bitcoin's small userbase within months and people here will be asking themselves what just happened.
Totally agree - great perspective. imho, bitcoin squandered much of its past year of fame and someone else is (hopefully) going to pick up the ball and make crypto a smashing success.
NXT is shit and has a few big holders, that's it
Same happens to Bitcoin, you cocklord!
my portfolio: 30% bitcoin, 30% litecoin, 40% peercoin. Mixture of bitcoin and two successful alt coins.
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