The only way to get rich is by riding the next big alt pump - page 2.

BillyBobZorton

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Quote from: gentlemand on February 16, 2017, 12:02:38 PM

Quote from: Vaccinus on February 16, 2017, 11:58:22 AM

but you can agree that it will take a very long time for bitcoin to mature to that point, maybe we are dead by that time, we can't wait 30 years just to have bitcoin at 30k, random example, i look at resoanable time frame, 2020 is my time frame for a great value otherwise i just dump and forget

That's somewhere around my cut off date too, but not in terms of gains. I don't believe 2020 is enough time for the gains some people are dreaming of. I do think we'll have a much clearer idea of what Bitcoin's fate will be by then.

If there isn't any scaling and even more centralisation then I'll be walking away. If it can't evolve then something else will.

We are not going to live forever. If in 2020 bitcoin is not making a lot of people rich, then who fucking cares? Might as well jump in front of a train to be honest. How else im going to keep dealing with the rat race? I don't want to spend the rest of my life working only to find out im not even a millionaire yet with 21 BTC in 2030, and for that to happen, 2020 means at least 5 figures.

Otherwise, if that doesnt happen, OP is right. We are going to need an altcoin that makes us rich by taking an huge risk.

Mr.grin

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when altcoin began to pump, you get the benefits that can be reached is greater than the capital you spend. it may be a quick way to get rich, but you also have to choose the right coin to get that opportunity. many ways like that, but all require good accuracy.

gentlemand

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Quote from: Vaccinus on February 16, 2017, 11:58:22 AM

but you can agree that it will take a very long time for bitcoin to mature to that point, maybe we are dead by that time, we can't wait 30 years just to have bitcoin at 30k, random example, i look at resoanable time frame, 2020 is my time frame for a great value otherwise i just dump and forget

That's somewhere around my cut off date too, but not in terms of gains. I don't believe 2020 is enough time for the gains some people are dreaming of. I do think we'll have a much clearer idea of what Bitcoin's fate will be by then.

If there isn't any scaling and even more centralisation then I'll be walking away. If it can't evolve then something else will.

Vaccinus

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Quote from: Paashaas on February 16, 2017, 09:56:55 AM

Quote from: zimmah on February 06, 2017, 10:12:34 AM

bitcoin still has a long way to go, and the expected price in the end is anywhere between 2 and 5 million per bitcoin.

So even if you can just buy 1 bitcoin you'll still be rich in the end.

OP doesn't see this, he is just a typical but ungratefull ''i want to get rich next week with 1 coin''

These kind of people will get slaughtered in Bitcoin and ore alt-coins for 1 reason; short of time.

but you can agree that it will take a very long time for bitcoin to mature to that point, maybe we are dead by that time, we can't wait 30 years just to have bitcoin at 30k, random example, i look at resoanable time frame, 2020 is my time frame for a great value otherwise i just dump and forget

gentlemand

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Quote from: Paashaas on February 16, 2017, 09:56:55 AM

These kind of people will get slaughtered in Bitcoin and ore alt-coins for 1 reason; short of time.

Isn't everyone?

2-5 mil might the end game. Most people tapping away here will be long dead by then. Within 20 years I'll be keeping my prostate in a glass by the bed. People are into this type of thing because of what they believe it can do for them. Most will not care about their descendants' mad gainz.

bering

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altcoins price sometimes went crazy and yes for those who able to found altcoins with good price will got a lot of profit even just only 1 coin the profit would be more than 100% but the problem is very difficult to find the next altcoins which is would be pump because usually we only see the price after huge pump and buying altcoins when the price pumped is very risky because it could be dropped suddenly

Paashaas

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Quote from: zimmah on February 06, 2017, 10:12:34 AM

bitcoin still has a long way to go, and the expected price in the end is anywhere between 2 and 5 million per bitcoin.

So even if you can just buy 1 bitcoin you'll still be rich in the end.

OP doesn't see this, he is just a typical but ungratefull ''i want to get rich next week with 1 coin''

These kind of people will get slaughtered in Bitcoin and ore alt-coins for 1 reason; short of time.

youdamushi

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Quote from: mtwelve on February 08, 2017, 02:18:55 PM

Quote from: gentlemand on February 07, 2017, 02:39:10 PM

Quote from: e-coinomist on February 07, 2017, 04:00:38 AM

Quote from: gentlemand on February 06, 2017, 03:05:53 PM

Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder.

XEM managed over 100 times over the course of a few months. It went from 24 satoshis around the start of 2016 to 2800 by June. But it was also so painfully obvious what was happening that I pity anyone who bought in in a frenzy.

There is anything particular to XEM justifying it's rise? Did not seen nothing impressing me, so just been sitting back watching. No interest in "quick money" at all, if it is other people's money in the end results.

It's great project and one of the only ones actually out in the real world doing stuff. There's no blag, just results. Did it do anything to justify that rise? Nope. Since when was any alt pump based on anything other than poloniex players fancying some fun?

It was descended on by DAO money post failure looking for a new pump.

I like NEM, and will probably start holding a little more and accumulating more. It has a large market capitalization with good liquidity, but no one really talks about it so it's not subject to as much volatility as other coins it seems. Perfect characteristics for a buy and hold currency for a portfolio.

You
I like you and your advices
Do you have a thread giving out advices on the new altcoins?

Red-Apple

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Quote from: mtwelve on February 06, 2017, 01:54:23 PM

Another missed out/ ongoing situation: Komodo. ICO price was like $0.125 cents per coin, and current trading is at $0.25. 100% overnight. Don't really think this will hold long term and there'll certainly be a pull back soon, but the fundamentals behind it are strong, with such a strong lead dev.

the only thing that a statement like this about ICO means is like saying i rolled a dice on a 1% chance of win and got 2x profit.
because these days ICO investment of altcoins is like that, a very risky gamble with very little rewards. and besides if an altcoin hits the exchange and price of it goes up, anyone can trade and make profit from that rise if they join in. and that is without the initial risk of joining the ICO.

DRaGoN RaNTaRo

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Quote from: OrangeII on February 07, 2017, 03:21:18 AM

in fact it is not the only way, but it is the way it really good. very much altcoin which has a huge potential in the online market, and when the pump price, it will provide great benefits, even make you have a lot of money in a short time. well, such as ICO project, I think it makes some people rich.

Not every alt coin has the potential to give you the profit and before investing in ICO project make sure it is a legit one and it is transparent because even last week i saw a scam ICO where people lost their investment and time and some of the trusted users in the forum were riding by them thinking of getting a good profit and the guy who started out ran away with the investment.So always be careful before investing and even successful ICOs only a handful of project gave me some profits.

mtwelve

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Quote from: gentlemand on February 07, 2017, 02:39:10 PM

Quote from: e-coinomist on February 07, 2017, 04:00:38 AM

Quote from: gentlemand on February 06, 2017, 03:05:53 PM

Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder.

XEM managed over 100 times over the course of a few months. It went from 24 satoshis around the start of 2016 to 2800 by June. But it was also so painfully obvious what was happening that I pity anyone who bought in in a frenzy.

There is anything particular to XEM justifying it's rise? Did not seen nothing impressing me, so just been sitting back watching. No interest in "quick money" at all, if it is other people's money in the end results.

It's great project and one of the only ones actually out in the real world doing stuff. There's no blag, just results. Did it do anything to justify that rise? Nope. Since when was any alt pump based on anything other than poloniex players fancying some fun?

It was descended on by DAO money post failure looking for a new pump.

I like NEM, and will probably start holding a little more and accumulating more. It has a large market capitalization with good liquidity, but no one really talks about it so it's not subject to as much volatility as other coins it seems. Perfect characteristics for a buy and hold currency for a portfolio.

gentlemand

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Quote from: e-coinomist on February 07, 2017, 04:00:38 AM

Quote from: gentlemand on February 06, 2017, 03:05:53 PM

Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder.

XEM managed over 100 times over the course of a few months. It went from 24 satoshis around the start of 2016 to 2800 by June. But it was also so painfully obvious what was happening that I pity anyone who bought in in a frenzy.

There is anything particular to XEM justifying it's rise? Did not seen nothing impressing me, so just been sitting back watching. No interest in "quick money" at all, if it is other people's money in the end results.

It's great project and one of the only ones actually out in the real world doing stuff. There's no blag, just results. Did it do anything to justify that rise? Nope. Since when was any alt pump based on anything other than poloniex players fancying some fun?

It was descended on by DAO money post failure looking for a new pump.

e-coinomist

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Quote from: mtwelve on February 07, 2017, 12:35:39 PM

Quote from: e-coinomist on February 07, 2017, 04:00:38 AM

There is anything particular to XEM justifying it's rise? Did not seen nothing impressing me, so just been sitting back watching. No interest in "quick money" at all, if it is other people's money in the end results.

It seems it's really popular in China and has some strong technical fundamentals. Check the NEM thread for more information, I'm not really informed enough to give a better answer than that.

Found https://bitcointalksearch.org/topic/nem-xem-official-thread-100-new-code-easy-to-use-apis-654845 which states a "Genesis Date" March 31st, 2015 but the threads is almost nine monthes older.
BTC38 seems to be doing one half of all NEM trade (51.55%) against Renminbi which is somewhat special in comparison with other Altcoins. This sets back Poloniex on second place, doing the usual trade against Bitcoins. If they could just add some XEM/USDT market things could skyrocket (moving Dollars vs. Renminbi which is an important pathway)

Changing perspective, moving away from the "ooh the technology" embasslement, focusing on the applyable economic impact.

mtwelve

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Quote from: e-coinomist on February 07, 2017, 04:00:38 AM

Quote from: gentlemand on February 06, 2017, 03:05:53 PM

Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder.

XEM managed over 100 times over the course of a few months. It went from 24 satoshis around the start of 2016 to 2800 by June. But it was also so painfully obvious what was happening that I pity anyone who bought in in a frenzy.

There is anything particular to XEM justifying it's rise? Did not seen nothing impressing me, so just been sitting back watching. No interest in "quick money" at all, if it is other people's money in the end results.

It seems it's really popular in China and has some strong technical fundamentals. Check the NEM thread for more information, I'm not really informed enough to give a better answer than that.

e-coinomist

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Money often costs too much.

Quote from: gentlemand on February 06, 2017, 03:05:53 PM

Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder.

XEM managed over 100 times over the course of a few months. It went from 24 satoshis around the start of 2016 to 2800 by June. But it was also so painfully obvious what was happening that I pity anyone who bought in in a frenzy.

There is anything particular to XEM justifying it's rise? Did not seen nothing impressing me, so just been sitting back watching. No interest in "quick money" at all, if it is other people's money in the end results.

OrangeII

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in fact it is not the only way, but it is the way it really good. very much altcoin which has a huge potential in the online market, and when the pump price, it will provide great benefits, even make you have a lot of money in a short time. well, such as ICO project, I think it makes some people rich.

Amph

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Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder with 10 000x price increase or one freakin milion percent Shocked

from only 2 satoshi to 20k.

pascal went crazy high this time, it went from 1k initially and then to 30 and then again to 100k, maybe not x10 in one sit

but it definitely wnet more than 10x in the end, fro what i gathered at least once per year there is a huge altcoin pump, among the new that are launched, and another possible huge pump on one old coin

gentlemand

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Quote from: tuvok007 on February 06, 2017, 03:10:28 PM

yep,according to coinmarketcap from 20ish sat to 1800+ in a six months.

And I think the only cause was because of DAO failure money looking for somewhere else to play. So it was a pump on top of another pump that was leaching off the original ETH pump.

tuvok007

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Quote from: gentlemand on February 06, 2017, 03:05:53 PM

Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder.

XEM managed over 100 times over the course of a few months. It went from 24 satoshis around the start of 2016 to 2800 by June. But it was also so painfully obvious what was happening that I pity anyone who bought in in a frenzy.

yep,according to coinmarketcap from 20ish sat to 1800+ in a six months.

gentlemand

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Quote from: tuvok007 on February 06, 2017, 03:03:22 PM

What was the biggest 10x+ "alt pumps" so far? ethereum? it went 80 times or 8 thousand percent higher than initial price. I think that game credits is a record holder.

XEM managed over 100 times over the course of a few months. It went from 24 satoshis around the start of 2016 to 2800 by June. But it was also so painfully obvious what was happening that I pity anyone who bought in in a frenzy.

Topic: The only way to get rich is by riding the next big alt pump - page 2. (Read 6455 times)