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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32473. (Read 26609274 times)

Kj1
sr. member
Activity: 434
Merit: 250
curious about the 2K wall at bitstamp @ 140
legendary
Activity: 874
Merit: 1357
I just watched that 155 wall get completely eaten by a market order, almost pushing through to 156....
sr. member
Activity: 280
Merit: 250
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1792
Merit: 1111
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
bitcoin is shooting for the stars again?

legendary
Activity: 1792
Merit: 1111
Let us continue upwards.

Somebody still believes that we will revisit the $40-$70 area ever again?

I told my wife that we would never see <100 again, and Silkroad was busted 2 days later  Grin
sr. member
Activity: 516
Merit: 283

Feather coin is the future of crypto-currency, come take your place in your community!

http://feathercoin.com/

 Cheesy

just send a few of BTC (only what you can afford to lose...)https://btc-e.com/ and trade it 5k FTC!



let's burn that snitch!

lmao @ jaroslaw in the mob
legendary
Activity: 1372
Merit: 1000
Help I'm short XBT and the train is leaving.
donator
Activity: 1722
Merit: 1036
Let us continue upwards.

Somebody still believes that we will revisit the $40-$70 area ever again?
sr. member
Activity: 280
Merit: 250
Let us continue upwards.

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.

27% of your overall investment is not insignificant no matter which way you look at it, especially when you would be risking only 3%.


There is currently no good reason why an altcoin would perform so well. Keeping track of all of them is also too time-consuming.

There is, but it's like gambling. It's all on the whim of Karpels from GOX.
donator
Activity: 1722
Merit: 1036
Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.

27% of your overall investment is not insignificant no matter which way you look at it, especially when you would be risking only 3%.


There is currently no good reason why an altcoin would perform so well. Keeping track of all of them is also too time-consuming.
legendary
Activity: 2097
Merit: 1070
Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.

27% of your overall investment is not insignificant no matter which way you look at it, especially when you would be risking only 3%.
donator
Activity: 1722
Merit: 1036
Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I bought over 500,000 ltc at an average price close to 1 cent. You might think my gain was small but i dont.

There is some kind of skill involved, which I don't have.

Investing 3% of my cryptostash to alts, would in my case most probably lead to same returns but diminished control. Even if it goes up 10 times relative to btc, it will just increase my total wealth to 0.03*10+0.97 = 1.27 (+27%). This is almost insignificant. So in a sense, I think your gain was small Wink

I prefer to keep things simple. That is why I bought bitcoins only after the 2011 bubble, giving it ample time to turn out being a hoax. Granted I paid 10x more than some, but also made the groundwork for successful long-term holding.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1246
Merit: 1000
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2097
Merit: 1070
i'm buying feathercoins  Grin


!!!?Huh!!!!??!??!!!!??!?!??!!!!!

Having a small amount in a few alts is not that bad. I hold a bit of xpm just cuz cpu coin. Like ltc is my gpu coin.

No interest in feathercoin for me however.

Bitcoin represents like 97% of the market cap of all crypto. Therefore for most, you save time by approximating the others to be zero (and not buy them). It takes skill to effectively play the altcoins. Personally I don't want to invest my time for such a small payoff.

I was also able to triple the amount of BTC I was holding due to these alts. That's 100's of BTC profit for a simple buy and hold on a couple of currencies which were not 'obvious scams'.

The cheaper it is the more capacity it has to double up again and again and still be cheap.
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