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Buying bitcoins

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Comments

  • #5942
    The Bishop Basher
    Registered Users, Registered Users 2 Posts: 4,279 ✭✭✭The Bishop Basher


    moneymad wrote: »
    I'm asking as you don't seem sure about buying it at massive massive discounts.

    What gave you that idea ?

    I was more then sure about buying at massive discounts today..

    I don't take it too seriously if that's what you mean..


  • #5943
    moneymad
    Registered Users, Registered Users 2 Posts: 882 ✭✭✭moneymad


    Swanner wrote: »
    What gave you that idea ?

    I was more then sure about buying at massive discounts today..

    I don't take it too seriously if that's what you mean..
    I hate seeing people get giddy at 20k and then not at 8k.


  • #5944
    99 Bortles of Beer
    Closed Accounts Posts: 269 ✭✭99 Bortles of Beer


    moneymad wrote: »
    I hate seeing people get giddy at 20k and then not at 8k.

    What the hell are you trying to accomplish with your last few posts?


  • #5945
    Blacktie.
    Registered Users, Registered Users 2 Posts: 2,903 ✭✭✭Blacktie.


    99 Bortles of Beer wrote: »
    What the hell are you trying to accomplish with your last few posts?

    Superiority obviously :rolleyes:


  • #5946
    EagererBeaver
    Registered Users, Registered Users 2 Posts: 6,713 ✭✭✭EagererBeaver


    99 Bortles of Beer wrote: »
    What the hell are you trying to accomplish with your last few posts?

    Yeah, a strange few posts alright?

    You "hate" seeing people getting giddy etc etc? Bit emotionally invested there chap.


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  • #5947
    moneymad
    Registered Users, Registered Users 2 Posts: 882 ✭✭✭moneymad


    Bitcoin isn't going anywhere.



  • #5948
    brendanwalsh
    Registered Users, Registered Users 2 Posts: 988 ✭✭✭brendanwalsh


    moneymad wrote: »
    I hate seeing people get giddy at 20k and then not at 8k.

    No need to act the maggot pal. Lot of people have lost big today. Don't rub it in. The butcher comes to those who don't know they are meat. Watch your back or you'll end up on a cold slab with sharp blade ready to carve you up.


  • #5949
    Blacktie.
    Registered Users, Registered Users 2 Posts: 2,903 ✭✭✭Blacktie.


    brendanwalsh wrote: »
    No need to act the maggot pal. Lot of people have lost big today. Don't rub it in. The butcher comes to those who don't know they are meat. Watch your back or you'll end up on a cold slab with sharp blade ready to carve you up.

    I swear you have some kind of meat fetish :D


  • #5950
    moneymad
    Registered Users, Registered Users 2 Posts: 882 ✭✭✭moneymad


    brendanwalsh wrote: »
    No need to act the maggot pal. Lot of people have lost big today. Don't rub it in. The butcher comes to those who don't know they are meat. Watch your back or you'll end up on a cold slab with sharp blade ready to carve you up.
    This is a gift. I'm a happy man it's gone down.


  • #5951
    The Bishop Basher
    Registered Users, Registered Users 2 Posts: 4,279 ✭✭✭The Bishop Basher


    moneymad wrote: »
    I hate seeing people get giddy at 20k and then not at 8k.

    I haven't a rashers what you're on about..

    No need to clarify..


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  • #5952
    brendanwalsh
    Registered Users, Registered Users 2 Posts: 988 ✭✭✭brendanwalsh


    Hopefully the massacre is over. A lot of people have lost a lot of money.

    The butchers manipulating the market have done enough damage. Now let us trade in peace.


  • #5953
    Esel
    Registered Users, Registered Users 2 Posts: 23,875 ✭✭✭✭Esel
    Not Your Ornery Onager


    No more primal cuts for a while then?

    Not your ornery onager



  • #5954
    makeorbrake
    Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    Esel wrote: »
    No more primal cuts for a while then?
    Any chance Brendan can turn vegetarian?


  • #5955
    Blacktie.
    Registered Users, Registered Users 2 Posts: 2,903 ✭✭✭Blacktie.


    And here's me hoping for a rib eye.


  • #5956
    JaCrispy
    Registered Users, Registered Users 2 Posts: 635 ✭✭✭JaCrispy


    Can you all lay off the meat puns? You're butchering this thread.


  • #5957
    Grumpypants
    Registered Users, Registered Users 2 Posts: 8,226 ✭✭✭Grumpypants


    JaCrispy wrote: »
    Can you all lay off the meat puns? You're butchering this thread.

    I know, they are all tripe.


  • #5958
    cravings
    Registered Users, Registered Users 2 Posts: 145 ✭✭cravings


    come on guys, some people have a lot at steak here


  • #5959
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    Are all the mods fast asleep here, this thread has descended into a stupid pun thread.


  • #5960
    Tinder Surprise
    Registered Users, Registered Users 2 Posts: 1,467 ✭✭✭Tinder Surprise


    Shauny2010 wrote: »
    Are all the mods fast asleep here, this thread has descended into a stupid pun thread.

    I haven't participated but I don't see the harm in a bit of light hearted humour to brighten up what has been an pretty awful few days.

    Really no need to be calling on the mods to give someone the chop


  • #5961
    WhiteMemento9
    Registered Users, Registered Users 2 Posts: 1,575 ✭✭✭WhiteMemento9


    Tinder Surprise wrote: »
    I haven't participated but I don't see the harm in a bit of light hearted humour to brighten up what has been an pretty awful few days.

    Really no need to be calling on the mods to give someone the chop

    This thread should be to stay a breast of what is happening in the market, the steaks are high for many people.


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  • #5962
    Tinder Surprise
    Registered Users, Registered Users 2 Posts: 1,467 ✭✭✭Tinder Surprise


    WhiteMemento9 wrote: »
    This thread should be to stay a breast of what is happening in the market, the steaks are high for many people.

    Jeez you don't mince your words, do you!


  • #5963
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    We already have a thread for off topic fun, why not use that instead of entertaining angry Brendan
    https://www.boards.ie/vbulletin/showthread.php?t=2057827791


  • #5964
    WhiteMemento9
    Registered Users, Registered Users 2 Posts: 1,575 ✭✭✭WhiteMemento9


    Shauny2010 wrote: »
    We already have a thread for off topic fun, why not use that instead of entertaining angry Brendan
    https://www.boards.ie/vbulletin/showthread.php?t=2057827791

    You are right but as long as it isn't a huge overall issue in the thread for prolonged periods I don't see the harm. The modding situation on the forum as a whole is very bad. Most of them don't seem to be active and they do very little for the community as a whole.


  • #5965
    WhiteMemento9
    Registered Users, Registered Users 2 Posts: 1,575 ✭✭✭WhiteMemento9


    Mean while on-topic. BTC on the the absolute tear back up at the moment.


  • #5966
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    It is for sure, yesterday was the day to trade the BTC/Altcoin pairs. I picked up Neo and Stellar lumens for 0.0012 Btc and the lumens at 0.0004.Today they are up at 0.00138 and 0.00047 so nice gains made.
    I had gotten Nano at 0.011 earlier in the week and they sold at 0.021 BTC Yesterday .
    There is gains to be made with these drops and shakeups just by sticking to the top 20 coins

    I expect Bitcoin to rally now as it is cheap when compaired to the Altcoins


  • #5967
    WhiteMemento9
    Registered Users, Registered Users 2 Posts: 1,575 ✭✭✭WhiteMemento9


    Some battle going on. Huge resistance currently around the $9.4 level. Been an assault at it 4-5 times today which have all been smacked down so far.


  • #5968
    makeorbrake
    Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    Shauny2010 wrote: »
    I expect Bitcoin to rally now as it is cheap when compaired to the Altcoins
    And what about the Tether cloud hanging over it (and other crypto's)? Until that's all out of the closet fully, I'm not comfortable in buying back in. Could end up being a bull trap.


  • #5969
    Shauny2010
    Closed Accounts Posts: 657 ✭✭✭Shauny2010


    Yes you are correct, it could well be a Bull trap.
    I try to keep an open mind on everything, and I am a bit skeptical of the establishment. The likes Goldman Sachs telling us not to buy bitcoin, its a scam and ponzi etc yet it turns out that they have their own crypto trading desk in operation since 2015.
    The Tether issue has been known about with over a year now at this stage it didn't magically become know last week. My gut feeling is they are covering up something, it could be that they have not backed every Tether with USD but with Bitcoin. Who knows, its all speculation at the moment and they could be above board but now cannot say so for legal reasons.
    We saw the Chinese ban crypto trading early last year yet after an initial fall back it rallied 1000%

    At the end of the day only invest what you are comfortable with, if a large fall in the price stresses you out then you have too much invested


  • #5970
    makeorbrake
    Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    Shauny2010 wrote: »
    The Tether issue has been known about with over a year now at this stage it didn't magically become know last week. My gut feeling is they are covering up something, it could be that they have not backed every Tether with USD but with Bitcoin. Who knows, its all speculation at the moment and they could be above board but now cannot say so for legal reasons.

    It was known about but it was never discussed in terms of it potentially propping up btc until this week (why, I don't know). Furthermore, we had a new instalment this week. They had responded by appointing an auditor with a view towards publishing that report. That would have pacified some. This week, they ended their relationship with said auditor.

    I can't see how it's logical to buy in right now until we know for sure which way this is going (unless one is to speculate that it's not an issue - and buy in on that basis).
    Shauny2010 wrote: »
    At the end of the day only invest what you are comfortable with, if a large fall in the price stresses you out then you have too much invested
    If you know there will be or is likely to be a large fall - then I don't see how it makes since to go 'risk on'. If you are confident that it won't turn out to be an issue, then I do.


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  • #5971
    WhiteMemento9
    Registered Users, Registered Users 2 Posts: 1,575 ✭✭✭WhiteMemento9


    makeorbrake wrote: »
    And what about the Tether cloud hanging over it (and other crypto's)? Until that's all out of the closet fully, I'm not comfortable in buying back in. Could end up being a bull trap.

    Why were you comfortable being involved in the markets while the whole Tether thing was known for ages prior to this or is it the added media scrutiny?

    These are all still conjecture at the moment. They are worrying but it seems an odd reason to sit on the sidelines. I mean if I wanted to base my decisions in these markets on conjecture I could just as easily side with the viewpoint that the one man campaign by Bitfinex'ed blog was awfully convenient thing to pop up from nowhere and spread baseless FUD. The paradise papers did add credence to the claims.

    If I was Bitfinex and smart which I presume they are, then creating a blog that starts FUD which would eventually get rolling as an actual story seems like a genius move. Sink the price of BTC. Buy a load really cheaply. Price soars = PROFIT. It would be a much better long con than the one proposed. They could even show at some point they have the millions to back up Tether and really capitalize. At the moment though they have information on the market which no one else has which is a huge advantage so if they are straight then they will withhold that information as long as possible.

    Do whatever makes you feel comfortable but in a market with huge inherent risk all around, picking one and taking it as a reason to sit on the sidelines doesn't make sense to me at least.


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