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Topic: Confess double digit believers - page 3. (Read 6409 times)

legendary
Activity: 2044
Merit: 1005
June 14, 2013, 10:46:15 PM
#71
holding my alt havent bought btc or ltc waiting for lows
full member
Activity: 168
Merit: 100
June 14, 2013, 10:38:10 PM
#70
he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?

or put it in something that will grow faster.

What grows faster than 1000% per year?

If you believe that rate is in the future then you probably aren't selling now.
legendary
Activity: 2044
Merit: 1005
June 14, 2013, 10:25:40 PM
#69
What grows faster than 1000% per year?

Puts in the stock market for the coming months.  Grin

Yes maybe, I see a major bull developing there... but not 1000%, plus most of the yearly gains have been had already, so you need to look somewhere else for this year.

You understood the complete reverse of what I was trying to say...
https://en.wikipedia.org/wiki/Put_option

Aaah i see i gave u too much credit then lol I shoukd have known ur just a retailer and most of them are bears now and love to sell tops and usually end up being wrong. I dont see any bear at all fundis and techis dont have to obey the chart weve seen that since 2011
sr. member
Activity: 434
Merit: 250
June 14, 2013, 08:33:08 PM
#68
What grows faster than 1000% per year?

Puts in the stock market for the coming months.  Grin

Yes maybe, I see a major bull developing there... but not 1000%, plus most of the yearly gains have been had already, so you need to look somewhere else for this year.

You understood the complete reverse of what I was trying to say...
https://en.wikipedia.org/wiki/Put_option
legendary
Activity: 2044
Merit: 1005
June 14, 2013, 08:30:28 PM
#67
What grows faster than 1000% per year?

Puts in the stock market for the coming months.  Grin

Yes maybe, I see a major bull developing there... but not 1000%, plus most of the yearly gains have been had already, so you need to look somewhere else for this year.
sr. member
Activity: 434
Merit: 250
June 14, 2013, 05:49:28 PM
#66
What grows faster than 1000% per year?

Puts in the stock market for the coming months.  Grin
legendary
Activity: 2044
Merit: 1005
June 14, 2013, 05:48:15 PM
#65
he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?

or put it in something that will grow faster.

What grows faster than 1000% per year?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
June 14, 2013, 05:29:57 PM
#64
Maybe speculators are  quitting the  market  and  going elsewhere

I guess that's the difference between investing and speculation.

Investing means putting your money into something over which you have some control or in which you strongly believe.

Speculation is gambling on someone else's performance, whether it's lottery tickets, shares in companies without a controlling interest, numbers on a roulette wheel, or horse races. Sure, if you know your horses and jockeys (or companies and directors), you might make enough to cover the vigorish charged by the track (or stockbroker), but it's still gambling unless you're the jockey or CEO.

People who invest in Bitcoin because they strongly believe in it tend to be hoarders who won't sell lower than they paid because they firmly believe it will eventually keep going up.

Speculators will try to take advantage of every movement, up or down doesn't really matter.

As I mentioned elsewhere, the bulk of my bitcoins are hoarded for investment because I think Bitcoin and secure peer-to-peer networking are the future, while some are set aside for day-trade speculation. Others have already been spent on shares of Canadian Bitcoin exchange Virtex so I can hopefully get a piece of that vigorish.

Needless to say, I'd prefer them to increase in value.
full member
Activity: 168
Merit: 100
June 14, 2013, 05:24:26 PM
#63
he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?

or put it in something that will grow faster.
sr. member
Activity: 364
Merit: 250
June 14, 2013, 04:59:56 PM
#62
he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere
Hmm, when you invest Bitcoins (in shares, lending etc.) they might be sold, too. But they also have to be rebought later on to give you.
Difficult to get numbers on this though, so I don't know if it's relevant.
newbie
Activity: 13
Merit: 0
June 14, 2013, 04:59:41 PM
#61
he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere

To buy back cheaper?
full member
Activity: 195
Merit: 102
DiMS dev team
June 14, 2013, 04:52:38 PM
#60
he he  it's  really looks  like  we  can go  into  double  digit  range for a longer time.
It is weird  since  most people  bought their coins within  range  100-120 so why they are  selling  now?Maybe speculators are  quitting the  market  and  going elsewhere
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 14, 2013, 04:33:46 PM
#59
No not really I do think the LTC/BTC will drop as it is doing so now, I don't really see BTC falling below $50 maximum and $90 improbable, while LTC may fade away, this may cause ltc/btc to half 4 times(for my ltc price projection)... not really surprising for me as BTC demand is real while LTC not so much.

Alot of ppl switching over to FTC selling LTC at the same time. Not sure if this will hold but FTC looks like it wasn't a pump and dump so far on the charts.

I would still prefer LTC over FTC but in the end who knows maybe neither will provide enough innovation over the "leader" to really coexist with the winner out of all of these crypto's.

I'm too lazy to look, is there a Litecoin equivalent of the Silk Road?

The High Road  Wink
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
June 14, 2013, 04:31:46 PM
#58
No not really I do think the LTC/BTC will drop as it is doing so now, I don't really see BTC falling below $50 maximum and $90 improbable, while LTC may fade away, this may cause ltc/btc to half 4 times(for my ltc price projection)... not really surprising for me as BTC demand is real while LTC not so much.

Alot of ppl switching over to FTC selling LTC at the same time. Not sure if this will hold but FTC looks like it wasn't a pump and dump so far on the charts.

I would still prefer LTC over FTC but in the end who knows maybe neither will provide enough innovation over the "leader" to really coexist with the winner out of all of these crypto's.

I'm too lazy to look, is there a Litecoin equivalent of the Silk Road?
legendary
Activity: 2044
Merit: 1005
June 14, 2013, 04:05:55 PM
#57
No not really I do think the LTC/BTC will drop as it is doing so now, I don't really see BTC falling below $50 maximum and $90 improbable, while LTC may fade away, this may cause ltc/btc to half 4 times(for my ltc price projection)... not really surprising for me as BTC demand is real while LTC not so much.

Alot of ppl switching over to FTC selling LTC at the same time. Not sure if this will hold but FTC looks like it wasn't a pump and dump so far on the charts.

I would still prefer LTC over FTC but in the end who knows maybe neither will provide enough innovation over the "leader" to really coexist with the winner out of all of these crypto's.
sr. member
Activity: 252
Merit: 250
June 14, 2013, 01:47:58 PM
#56


That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.

LTC is practically pegged to BTC Tongue

I know and I still stand by what I said.. how crazy is that right?

I don't say you are not right, I don't know the ratio but I guess you calculated the price of LTC when BTC is of price x and it came out as 0.1 digits assuming current ratio.
legendary
Activity: 2044
Merit: 1005
June 14, 2013, 01:39:51 PM
#55


That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.

LTC is practically pegged to BTC Tongue

I know and I still stand by what I said.. how crazy is that right?
sr. member
Activity: 252
Merit: 250
June 14, 2013, 01:22:19 PM
#54


That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.

LTC is practically pegged to BTC Tongue
legendary
Activity: 2044
Merit: 1005
June 14, 2013, 01:19:10 PM
#53


That one was right before the 3some? lol

Yea I believe LTC may get to 0.1 digits but BTC won't reach single digits anymore.
sr. member
Activity: 252
Merit: 250
June 14, 2013, 01:12:51 PM
#52
At this point people have had plenty of time and very clear signals

what are these signals you speak of?

Like the 400BTC + 5k buy with total 15USD slippage that got us from 95 to 110?
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