Where your hard-earned money comes to die. Home.
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Starting to seem Idiotic to be holding right now
| doobsian school | 06/05/19 |
| excitant scourge upon the earth | 06/05/19 |
| doobsian school | 06/05/19 |
| excitant scourge upon the earth | 06/05/19 |
| saffron hissy fit | 06/06/19 |
| odious ungodly regret headpube | 06/06/19 |
| Floppy Territorial Church Pistol | 06/07/19 |
| doobsian school | 06/08/19 |
| saffron hissy fit | 06/08/19 |
| Floppy Territorial Church Pistol | 06/08/19 |
Poast new message in this thread
Date: June 5th, 2019 8:54 PM Author: doobsian school It's just wobbling around and the more time that goes on, the greater the likelihood of crypto/shitcoins going to 0. The time to put real money in is when you get a tip from exeunt or something. Like if you have $50k in crypto atm and some of it is profit, seems cr to cash out, idk though. $10k, sure, just let it go to 0. Idk though, YMMV haha. (http://www.autoadmit.com/thread.php?thread_id=4277222&forum_id=7#38346163) |
Date: June 5th, 2019 10:31 PM Author: excitant scourge upon the earth It's gambling. I am betting we won't see new lows this year. I have a low cost basis and trying to time the market which is still down 70% from peak seems foolish. I think now is the time to hold. If things get truly crazy again, will not hesitate to sell again. I believe BTC will see a new ATH in a couple of years and most of the top 50 coins should get dragged up with it. Agree that shit like AMB and DRGN will go to 0 before that though. (http://www.autoadmit.com/thread.php?thread_id=4277222&forum_id=7#38346668) |
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Date: June 5th, 2019 11:00 PM Author: doobsian school I thought the same thing but it seems like the goalpoasts/time horizons just get moved out further and further. All the while, crypto is getting more and more exposed as more and more shitcoins pump until mainnet and then dump/die. It seems like it would be hella easy to just HAVE USE CASES, like something like Nano or its chinese equivalent being usable for payments on alibaba, but this NEVER happens or gets any closer to happening. Winkelshits have GUSD, why not partner with some random amazon wannabe like overstock.com. I mean why hasn't something happened that has made crypto tangible and at least usable for buying shit given that it's meant to at least in some part be a currency. Like look at actual "tech" companies, they have lots of pie in the sky shit but at the end of the day google/facebook just make money because they sell advertising. Crypto needs to have some kind of rational baseline use case to give it legitimacy to people who aren't insane. From there, it would have a foundation to expand into nonsense like "smart contracts" and "nodes" and "threshold signautures" and "hard forks" and shit. |
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Date: June 5th, 2019 11:34 PM Author: excitant scourge upon the earth Of course the space is still 99% hype and little substance. There are one or two legitimate use cases right now and that is BTC as digital gold and maybe privacy coins like monero. And gambling dapps.
The next BTC halving is in 11 months. All I am saying is that before the door is shut on dapps getting widespread adoption, there is time for another bull market led by BTC. After that though, without actual adoption and usage, I agree almost all of this shit will be worthless except for BTC.
As far as currency goes, why are normal people going to use BTC or whatever as currency when the price is subject to such drastic swings? Maybe in the future BTC will be more stable but for now it seems completely ill suited to replace the dollar, not to mention the regulatory risks. |
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Date: June 6th, 2019 3:32 AM Author: saffron hissy fit Btc will break 10k this year? (http://www.autoadmit.com/thread.php?thread_id=4277222&forum_id=7#38347613) |
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Date: June 6th, 2019 3:47 PM Author: odious ungodly regret headpube This happens every summer...Agreed though, if you have extra in there, no reason not to take some off the table (http://www.autoadmit.com/thread.php?thread_id=4277222&forum_id=7#38350025) |
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Date: June 7th, 2019 5:24 PM Author: Floppy Territorial Church Pistol 80% haircut from highs does seem like the perfect time to cash out (http://www.autoadmit.com/thread.php?thread_id=4277222&forum_id=7#38355986) |
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Date: June 8th, 2019 11:09 AM Author: doobsian school The highs lasted like a fortnight max. (http://www.autoadmit.com/thread.php?thread_id=4277222&forum_id=7#38358565) |
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Date: June 8th, 2019 12:24 PM Author: saffron hissy fit Cr
Its the right time to buy |
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Date: June 8th, 2019 8:14 PM Author: Floppy Territorial Church Pistol (http://www.autoadmit.com/thread.php?thread_id=4277222&forum_id=7#38360343) |