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Topic: Has anyone NOT made profit in this astonishing bull run?? - page 2. (Read 4891 times)

newbie
Activity: 13
Merit: 0
Im up on 35 different coins Smiley. Only 1 coin I bought is at a lose and I bought it 3 days ago so it doesnt even count.
full member
Activity: 181
Merit: 100
OP: Are you referring to "realized" or "unrealized" profit?
legendary
Activity: 1288
Merit: 1087
Indeed.  It is funny to see the parallels between the crypto hype and the dot-com hype some 20 years ago.
That said, out of the dot-com bubble did arise things, like google and amazon.  But pets.com didn't survive.
Whatever will come out of crypto, when all the dust settles, it is not what it was set out to be.

i think we're quite some time away from THE bubble yet. 2013 was a tiny blip. any hard rises in the next few years will be blips compared to what's coming.

there's still virtually no one involved in bitcoin, and there's less than no one involved in alts. anyone with some skin in the game right now could well end up richer than they ever imagined possible in a few years if a reasonable fraction of the public and professional money gets excited.

and then it might well turn to shit.

hero member
Activity: 2926
Merit: 722
CoinPoker.com
My eyes were too greedy and my investments turned to Yobit and its dead coins. This is my doom. Lost opportunity. I thought i can make magnificent returns, if i wait but when something is dead, stays dead. Invest only in live coins, don't expect miracles. I had luck with Cloak and Geo coin, this revived me. Undecided
So sad that you turned out to invest on dead or shit coins specially when you are trading on yobit there are lots of dead coins on there which means you cant carelessly select a coin without knowing it properly because one mistake will surely put you into loss.I have experienced already this kind of situation and the truth same as yours I'm holding still some dead coins on my wallet but I really don't expect from it.
hero member
Activity: 560
Merit: 500
My eyes were too greedy and my investments turned to Yobit and its dead coins. This is my doom. Lost opportunity. I thought i can make magnificent returns, if i wait but when something is dead, stays dead. Invest only in live coins, don't expect miracles. I had luck with Cloak and Geo coin, this revived me. Undecided
hero member
Activity: 770
Merit: 629
It's funny that everyone's so cool about it. People been waiting for these here times for years. But will it last?

http://www.magicmgmt.com/gary/magic8ball/index1.html


'this time it's different'.

and there's a 'new paradigm' in town too.

you heard it here first.

Indeed.  It is funny to see the parallels between the crypto hype and the dot-com hype some 20 years ago.
That said, out of the dot-com bubble did arise things, like google and amazon.  But pets.com didn't survive.
Whatever will come out of crypto, when all the dust settles, it is not what it was set out to be.
full member
Activity: 322
Merit: 151
They're tactical
Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency. 
Can confirm. Most of the time I want to make a purchase but I'm held back by the fact that the price could shoot up and I could be out of a couple bucks that I could've gained if I had just held. The way I see it, Bitcoin is more of a storage device than a currency, considering most people in the speculation section of the forum seem to like holding, as do I.
I disagree, one of the purposes of money is to be a store of value, and bitcoin is doing that in a great way, as you say this causes people to keep holding but this is better than what we have with fiat, since fiat is not a store of value people spend their money as fast as they can because they know that their money is going to lose value, you are just not used to the way real money behaves because you have only used fiat in the past.

The thing is it's hard to back the value of a virtual assets where its disconnected from "real economy" and you cant really exchange it for much anything else than fiat or other crypto.
sr. member
Activity: 840
Merit: 254
Me, more or less.   The irony is that I lost out on making a profit because I spent bitcoin.  And if you ever needed proof that bitcoin is doomed as a form of money, there you go.  When people want to hold onto something instead of spending it, that's a lousy currency. 
Can confirm. Most of the time I want to make a purchase but I'm held back by the fact that the price could shoot up and I could be out of a couple bucks that I could've gained if I had just held. The way I see it, Bitcoin is more of a storage device than a currency, considering most people in the speculation section of the forum seem to like holding, as do I.
I disagree, one of the purposes of money is to be a store of value, and bitcoin is doing that in a great way, as you say this causes people to keep holding but this is better than what we have with fiat, since fiat is not a store of value people spend their money as fast as they can because they know that their money is going to lose value, you are just not used to the way real money behaves because you have only used fiat in the past.
hero member
Activity: 680
Merit: 500
On poloniex everything is green for days, and I spent some time reading what people are talking there, for some coins this is far from over.  I will definitely hold some coins, and I`m thinking to buy some coins more, ripple seems to be cheap now, I don`t know maybe etc or more ltc. I have some digibytes from playing lol and cs, even dgb is up. What is happening is just crazy.

Generally people have their own diversification strategy and when you raise their profits they will spread them out. So all coins rise with the tide.
legendary
Activity: 1288
Merit: 1087
Altcoins don't care about politics or legal regulations, they are so significant from the legal point of view.
There is no need for authorities to even acknowledge their existence. The main problem ofaltcoin is still (and forever will be) price manipulation.

at some point the authorities will start paying attention to the ico thing and alot of shit will go down.

alts in terms of pure turnover are probably now bigger than the stock markets of certain countries. they're not an obscurity any more.

assuming you can do anything because they haven't done anything yet is a very foolish attitude.
legendary
Activity: 1288
Merit: 1000
HODL. Cryptocurrencies are so useful, that only $30 bln part of global financial market is a joke

This. Sure, we will have issues, drama, politics, manipulation but eventually none of the should matter.
Altcoins don't care about politics or legal regulations, they are so significant from the legal point of view.
There is no need for authorities to even acknowledge their existence. The main problem ofaltcoin is still (and forever will be) price manipulation.

Spoetniktard.
By the way where is Spoetnik, I haven't seen him around lately? Maybe I missed his posts...
hero member
Activity: 1414
Merit: 505
Backed.Finance
On poloniex everything is green for days, and I spent some time reading what people are talking there, for some coins this is far from over.  I will definitely hold some coins, and I`m thinking to buy some coins more, ripple seems to be cheap now, I don`t know maybe etc or more ltc. I have some digibytes from playing lol and cs, even dgb is up. What is happening is just crazy.

Got some profit from XEM too, but not that big during the pump. My waiting my order in DGB to be filled up but its too low to be reach Smiley Maybe some are selling their coins, those coins that to be delisted and exchange for other coins on Polo that possibly adds to pump on some  coins.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
My belly is full of profit. I have done nothing but hodl some alts (and of course BTC). All my losses are wiped out.

Has anyone NOT made profit during this bullish 18 month boost from $8bn to over $30bn total crypto market cap??

Some say it was always going to happen, but it's still astonishing to me.
The only way anyone loses money is by shorting or not buying into the market in the current bull run!

but someone lost money here because not all can do profit, trading it's a sum zero, if few are on grene streak, other are on red, maybe one is the winner and many other small fish are the loser, but you get the point, it's not noticeable if many people lose few cent and one is winning a tons, it's like he stole the coins from them, and the story repeat itself
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
On poloniex everything is green for days, and I spent some time reading what people are talking there, for some coins this is far from over.  I will definitely hold some coins, and I`m thinking to buy some coins more, ripple seems to be cheap now, I don`t know maybe etc or more ltc. I have some digibytes from playing lol and cs, even dgb is up. What is happening is just crazy.

It's funny that everyone's so cool about it. People been waiting for these here times for years. But will it last?

http://www.magicmgmt.com/gary/magic8ball/index1.html


Magic8ball ` Signs point to yes`! ` Without a doubt` was the second answer. 
I woke up and take a look what is happening and surprise surprise, dash is second coin behind the bitcoin and now dash worth 0.073? Can you believe in that? Looks like this will last, question is how long and which coins will take the best from this rise.
legendary
Activity: 1288
Merit: 1087
It's funny that everyone's so cool about it. People been waiting for these here times for years. But will it last?

http://www.magicmgmt.com/gary/magic8ball/index1.html


'this time it's different'.

and there's a 'new paradigm' in town too.

you heard it here first.
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
On poloniex everything is green for days, and I spent some time reading what people are talking there, for some coins this is far from over.  I will definitely hold some coins, and I`m thinking to buy some coins more, ripple seems to be cheap now, I don`t know maybe etc or more ltc. I have some digibytes from playing lol and cs, even dgb is up. What is happening is just crazy.

It's funny that everyone's so cool about it. People been waiting for these here times for years. But will it last?

http://www.magicmgmt.com/gary/magic8ball/index1.html
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
It's just a matter of time imho before some big corporation decides to use an already existing crypto rather than go to the bother of creating a custom ecosystem.

they are. that's what the enterprise ethereum alliance thing is. but they'll never use the open blockchain. it's easy enough to create a private version.

it is 'A permissioned implementation of Ethereum supporting data privacy'

that's kind of what's pathetic about much of the coin hype. even when a big company is using something it almost always turns out to be lifting the code for their own ends and never the coin itself. all that microsoft azure stuff seemed to drag on forever with shitcoins joining every second.

True, that's why I think it won't come from ETH. I couldn't see what the big deal was with azure. It's was coin news on the same level as announcing that you and other team members have just got yourselves GitHub accounts, and you have started to use them!! It was a silly bubble but I bet people made some significant gains on some of those rises.

There's not a lot of 'true' crypto knowledge out there. You have to maintain your own private version.

I'm thinking more of the gaming industry (MMORPG) where the coin fluctuations and variety would add emotion to the gaming experience.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
On poloniex everything is green for days, and I spent some time reading what people are talking there, for some coins this is far from over.  I will definitely hold some coins, and I`m thinking to buy some coins more, ripple seems to be cheap now, I don`t know maybe etc or more ltc. I have some digibytes from playing lol and cs, even dgb is up. What is happening is just crazy.
legendary
Activity: 1288
Merit: 1087
It's just a matter of time imho before some big corporation decides to use an already existing crypto rather than go to the bother of creating a custom ecosystem.

they are. that's what the enterprise ethereum alliance thing is. but they'll never use the open blockchain. it's easy enough to create a private version.

it is 'A permissioned implementation of Ethereum supporting data privacy'

that's kind of what's pathetic about much of the coin hype. even when a big company is using something it almost always turns out to be lifting the code for their own ends and never the coin itself. all that microsoft azure stuff seemed to drag on forever with shitcoins joining every second.
sr. member
Activity: 454
Merit: 250
This industry is pure fiction

That said, there's one thing that crypto became, and may very well stay: an ever increasing collection of virtual financial assets, on which "investors" can play in almost infinite combinations


I agree with that statement, I've been thinking it for some time. But I do also believe a real world use of cryptos will become a reality and possibly sooner than you think. Large corporations are now creating their own digital tokens and ePayment solutions. It's just a matter of time imho before some big corporation decides to use an already existing crypto rather than go to the bother of creating a custom ecosystem. It might involve a partnership that makes the headlines. Something other than BTC/ETH/XRP.

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