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Author Topic: Cryptocurrencies heading into 2018...  (Read 1321 times)

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Großer Kriegschwein

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Re: Cryptocurrencies heading into 2018...
« Reply #50 on: February 02, 2018, 07:24:19 am »

Lots of reasons that it’s dropping. ZClassic has taken a $60 hit in the last 4 days. Hopefully it will go further down so I can get more before the planned fork with Bitcoin.

Sitting at $88 per right now. If it hits $60, then I’d buy a few. Once the fork happens, you’ll be issued Bitcoin Private on a 1-1 ratio.

With talks of taxing crypto currency, Private untraceable coins will be a big market. ZCash, ZClassic and eventually Bitcoin Private will be the pioneers of the market. 

I do however feel bad for the people that bought Bitcoin and Ethereum at their peak prices. That would have to be a kick in the bag. Not a grazing blow either. Like a hook kick, from behind, to the junk.
« Last Edit: February 02, 2018, 08:02:26 am by Großer Kriegschwein »
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NuttinItUp

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Re: Cryptocurrencies heading into 2018...
« Reply #51 on: February 02, 2018, 10:47:57 pm »

With talks of taxing crypto currency, Private untraceable coins will be a big market. ZCash, ZClassic and eventually Bitcoin Private will be the pioneers of the market. 

Also, throw Monero in there. I think everyone on the dark web basically uses ZCash or Monero nowadays for the anonymity.
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HawgWild

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Re: Cryptocurrencies heading into 2018...
« Reply #52 on: February 05, 2018, 12:06:44 pm »

With talks of taxing crypto currency, Private untraceable coins will be a big market. ZCash, ZClassic and eventually Bitcoin Private will be the pioneers of the market. 

I’m guessing that governments are equally motivated to see that this doesn’t happen.
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woodrow hog call

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Re: Cryptocurrencies heading into 2018...
« Reply #53 on: February 05, 2018, 12:41:46 pm »

With Bitcoin hovering around $7k right now, it is really tempting to buy more, that would bring my average cost way down but I keep hearing that old saying about "throwing good money after bad".

Is anybody buying at this stage, or in a wait and see mode?
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Albert Einswine

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Re: Cryptocurrencies heading into 2018...
« Reply #54 on: February 05, 2018, 01:08:53 pm »

I'm about to start mining crypto currency. Working out the operating system issues, then will need to ramp up my computer rack for optimal performance. Will begin a 6 month "test" period to determine ACTUAL profitability.


My son is mining, he's doing alright with it.
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NuttinItUp

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Re: Cryptocurrencies heading into 2018...
« Reply #55 on: February 05, 2018, 06:57:49 pm »

With Bitcoin hovering around $7k right now, it is really tempting to buy more, that would bring my average cost way down but I keep hearing that old saying about "throwing good money after bad".

Is anybody buying at this stage, or in a wait and see mode?

I like this Ari Paul quote from a few weeks ago:
"Bitcoin will trade at both $6,000 and $60,000 at some point in 2018."
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woodrow hog call

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Re: Cryptocurrencies heading into 2018...
« Reply #56 on: February 05, 2018, 07:33:34 pm »

I like this Ari Paul quote from a few weeks ago:
"Bitcoin will trade at both $6,000 and $60,000 at some point in 2018."


I have not heard that before, it may be on its way to $6000 now, I don't think I can lay off if it gets that low.
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woodrow hog call

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Re: Cryptocurrencies heading into 2018...
« Reply #57 on: February 06, 2018, 01:08:03 pm »

E-coin would have been the one to grab up for a quick buck; from $34 to $290 in a matter of 3 hours. Sounds like a pump and dump, maybe we can get enough people together to do our own.

https://coinmarketcap.com/currencies/e-coin/

E-coin (ECN)
$134.03 USD (2,308.93%)
0.01861130 BTC (2,254.91%)

EDIT; You could buy it for $4.20 yesterday, sell it today for $290, crazy stuff.
So you could have turned $500 in to $34,000 in 24 hours.


Date   Open   High   Low   Close   Volume   Market Cap
Feb 05, 2018   8.67   8.80   4.20   6.23   1,303   43,204,500
« Last Edit: February 06, 2018, 01:22:05 pm by woodrow hog call »
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NuttinItUp

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Re: Cryptocurrencies heading into 2018...
« Reply #58 on: February 06, 2018, 04:56:36 pm »

E-coin would have been the one to grab up for a quick buck; from $34 to $290 in a matter of 3 hours. Sounds like a pump and dump, maybe we can get enough people together to do our own.

https://coinmarketcap.com/currencies/e-coin/

E-coin (ECN)
$134.03 USD (2,308.93%)
0.01861130 BTC (2,254.91%)

EDIT; You could buy it for $4.20 yesterday, sell it today for $290, crazy stuff.
So you could have turned $500 in to $34,000 in 24 hours.


Date   Open   High   Low   Close   Volume   Market Cap
Feb 05, 2018   8.67   8.80   4.20   6.23   1,303   43,204,500

I wouldn't touch that one with a 10-foot pole. Look at the volume.  Whenever the volume is only in the hundreds of thousands, especially for a coin that is supposedly valued in the hundreds of millions, you know something isn't right.
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woodrow hog call

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Re: Cryptocurrencies heading into 2018...
« Reply #59 on: February 06, 2018, 05:48:39 pm »

I wouldn't touch that one with a 10-foot pole. Look at the volume.  Whenever the volume is only in the hundreds of thousands, especially for a coin that is supposedly valued in the hundreds of millions, you know something isn't right.

Yeah I think that is the stuff that gives the Crypto market a bad name, right now it is back at $3.08.

I knew there would be some big gainers coming out of this drop, I was just browsing the list and saw the huge %gain it was making today, and while I was typing it dropped to $2.10, wow.

Looking at the graph for 1 day, it actually looks like it was a double pump and dump.

And I did not buy more Bitcoin at $6000 like I should have.
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NuttinItUp

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Re: Cryptocurrencies heading into 2018...
« Reply #60 on: February 06, 2018, 05:54:16 pm »

Yeah I think that is the stuff that gives the Crypto market a bad name, right now it is back at $3.08.

I knew there would be some big gainers coming out of this drop, I was just browsing the list and saw the huge %gain it was making today, and while I was typing it dropped to $2.10, wow.

Looking at the graph for 1 day, it actually looks like it was a double pump and dump.

And I did not buy more Bitcoin at $6000 like I should have.

Yeah, you always have to look at the volume. The higher the volume being traded, the more interest there is in a coin. (amount traded divided by total volume) 10% is a pretty good mark. Some coins can be in the 25%+ range if they are really tearing it up.

I wouldn't be surprised to see Bitcoin at over $14K again within 7 days now that the recovery is seemingly underway.
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