Is anyone else starting to become a bit excited?

Arrival · 29-08-2019 05:09PM

Blueshoe wrote: »

makeorbrake wrote: »

It's not quite there for me yet. A bit further to go.

There's a lot to be positive about - surrounding crypto - but it remains the wild west. But with high risk and volatility comes great opportunity also. You can't have one without the other regrettably.

I have not been comfy with buying at these levels as the potential on the downside is too big. I'll probably learn from last year and go in partially - leaving some scope to buy further if it drops further (rather than having bought in one hit, then finding i was a smidgen too early and having to pass up the opportunity of buying the cheapest of BTC as I would have been over-extended on the one asset).

We can all get over-exuberant also (me included). That's what seems to be happening recently in crypto circles. It all seems logical as to how things will progress but for people that buy into that and the tech, I think there's a lot of potential to get far too far ahead of ourselves.

Things can take longer than we expect to happen but then when they actually happen, things roll faster than expected.

People used rant on about Blockchain requiring crypto to exist. That is untrue and a simple Google search of Blockchain brings up endless results of companies using and or in development of their own systems. No unregulated and manipulated crypto currency required

Blockchain is promising
Crypto currency market is looking like junk

My opinion which obviously means nothing but that's what it is

Thanks for your opinion. Goodbye then? See you in the worried thread maybe

Amusing but kinda sad that people will still be posting similar after the next ATH run cycle when we end up back in another crash, even though that crash will still be multiples higher than where we currently are

"Its basically buy and hope" - this is quite funny as well since you can break it down to be this simple with anything including stocks. Anyone investing any kind of money is basically buying and hoping. What a stupid comment

makeorbrake · 29-08-2019 05:19PM

Arrival wrote: »

Thanks for your opinion. Goodbye then? See you in the worried thread maybe

Amusing but kinda sad that people will still be posting similar after the next ATH run cycle when we end up back in another crash, even though that crash will still be multiples higher than where we currently are

"Its basically buy and hope" - this is quite funny as well since you can break it down to be this simple with anything including stocks. Anyone investing any kind of money is basically buying and hoping. What a stupid comment

I'm not sure where you're going with this. He pointed out that there are different forms of blockchain configurations - they can all find their use case. It's not a case of one size fits all.

As regards 'buy and hope', of course there's an added risk there. Taking Ripple as a case in point, the way that project is structured, it's higher risk than normal for token holders given the company have held back so many tokens.

Where's the drama or the need to be calling anyone stupid?

Blueshoe · 29-08-2019 05:20PM

Arrival wrote: »

Thanks for your opinion. Goodbye then? See you in the worried thread maybe

Amusing but kinda sad that people will still be posting similar after the next ATH run cycle when we end up back in another crash, even though that crash will still be multiples higher than where we currently are

"Its basically buy and hope" - this is quite funny as well since you can break it down to be this simple with anything including stocks. Anyone investing any kind of money is basically buying and hoping. What a stupid comment

No it's not. Buying Apple or Raytheon stock is buying into a company who make a product and will continue to make products.
Buying bitcoin is not the same. Clearly different.
Buying bitcoin is similar to buying gold in a way. You are relying on other people placing a value on it

I won't be on the worried thread either. Is there a i don't really care thread. If not i won't be on any.
Best of luck .

stockshares · 29-08-2019 05:36PM

Bitcoin Trading and Payments in crypto are declared Tax Free in Portugal.

https://cointelegraph.com/news/portugal-tax-authority-bitcoin-trading-and-payments-are-tax-free/amp?__twitter_impression=true

sexmag · 29-08-2019 05:52PM

Blueshoe wrote: »

I won't be on the worried thread either. Is there a i don't really care thread. If not i won't be on any.
Best of luck .

Yeah it's called the "just scroll past and ignore thread?"

I like InstaSte's attitude,always so positive.

I however take advantage of the markets like this,buy low,place a sell order for roughly between 5-8%. Rinse and repeat

Sometimes it takes a good few weeks to happen but its almost certainly does.

Also the nay sayers who are happy to say it will.go down why arent you guys putting down money on this and short the market? You'll be millionaires by now

Anyway sorry I.havent been active the last while, just had a baby

Blueshoe · 29-08-2019 06:11PM

sexmag wrote: »

Yeah it's called the "just scroll past and ignore thread?"

I like InstaSte's attitude,always so positive.

I however take advantage of the markets like this,buy low,place a sell order for roughly between 5-8%. Rinse and repeat

Sometimes it takes a good few weeks to happen but its almost certainly does.

Also the nay sayers who are happy to say it will.go down why arent you guys putting down money on this and short the market? You'll be millionaires by now

Anyway sorry I.havent been active the last while, just had a baby

It will go up down down up up up down down up down down and without reason or cause to the common investors . (Gamblers)

Your strategy is a good one. There are probably people making nice profits doing similar with large amounts.

Is there a reason for bitcoin to be worth anything? No

It has morphed into a stock market on steroids. A play thing for the mega rich who have massive portfolios. Manipulating and moving the market as they see fit. The rest try and hold onto their coat tails and hope they are in a bull mood.
Jump on any of the telegram channels for any "coin" you like. It's the same mentality and brain washed moon and pump statements.

Feel free to slate me when I'm gone.
Thread unfollowed .

Congratulations on the baby!

makeorbrake · 29-08-2019 06:19PM

sexmag wrote: »

I like InstaSte's attitude,always so positive.

I'm more bullish on crypto now than I ever was. That doesn't mean that it takes a straight up trajectory without a pause and it doesn't mean that there aren't a lot of variables and that there continues to be more risk than in most markets.

sexmag wrote: »

I however take advantage of the markets like this,buy low,place a sell order for roughly between 5-8%. Rinse and repeat

If you've found a formula that works, more power to you. It's something Iv'e considered but as with everything there are also downsides. You could find yourself in a trade that falls off a cliff (like last November). On the other side of the coin, statistically, the vast majority of the gains that btc has made have been achieved on just a handful of trading days. If you've sold your position out as per that strategy, then you don't have a ticket for the rocket.
That's not to suggest that what you're doing is wrong - if you're accumulating and it's working for you, that's all that counts.

sexmag wrote: »

Also the nay sayers who are happy to say it will.go down why arent you guys putting down money on this and short the market? You'll be millionaires by now

If you're referring to the last couple of posts - nobody stated that it was guaranteed to go down. One asked a question as to whether there was value to be had right now whilst I said that I was holding out for greater value (and less downside risk). I've always said that I could be completely wrong and potentially miss out on an upsurge. However, from position sizing to other financial circumstances, different trades and trading approaches suit different people.

Finally, I don't think we need to go chasing anyone away because they consider the possibility that the market could turn south. I'd imagine you are also open to the notion that the market can just as easily pullback as reach new heights, right?

stockshares · 30-08-2019 02:15PM

Boeing joins Hadera Hashgraph council
https://www.coindesk.com/boeing-becomes-latest-member-of-hedera-hashgraphs-governing-council?utm_source=twitter&utm_medium=coindesk&utm_term&utm_content&utm_campaign=Organic%20&amp&__twitter_impression=true

On a lighter note Samsung have added wallets for 30+ cryptocurrencies to their Galaxy S10.

https://news.u.today/news/bitcoin-bnb-major-stablecoins-added-by-samsung-galaxy-s10-with-wallets-automatically-generated?amp&__twitter_impression=true

One of the coins supported is BAT.
It might be worth keeping an eye on it as it's a coin that could encourage people to use crypto.

sexmag · 30-08-2019 05:58PM

stockshares wrote: »

One of the coins supported is BAT.
It might be worth keeping an eye on it as it's a coin that could encourage people to use crypto.

I've been using the brave browser for a good while now, unfortunately I don't use many sites that can tip on BAT but when I can,I do. It's one of my ones I keep an eye on but they havent nearly lived up to the hype they deserve in my opinion

el diablo · 30-08-2019 11:20PM

sexmag wrote: »

I've been using the brave browser for a good while now, unfortunately I don't use many sites that can tip on BAT but when I can,I do. It's one of my ones I keep an eye on but they havent nearly lived up to the hype they deserve in my opinion

In what way has it not lived up to the hype yet? Because the price hasn't gone to the moon?

unkel · 31-08-2019 12:07AM

sexmag wrote: »

I've been using the brave browser for a good while now, unfortunately I don't use many sites that can tip on BAT

My PC is running Windows Server 2019 (does not have Edge browser like Windows 10) and I had Brave installed as my secondary browser after Chrome for the last 6 months or so. Can't say I noticed any benefits over Chrome though, but I have used it very little.

el diablo · 31-08-2019 03:26AM

unkel wrote: »

My PC is running Windows Server 2019 (does not have Edge browser like Windows 10) and I had Brave installed as my secondary browser after Chrome for the last 6 months or so. Can't say I noticed any benefits over Chrome though, but I have used it very little.

It's definitely faster and far less invasive than Chrome. It works especially well as a Chrome replacement on Android phones.

Whelo79 · 31-08-2019 12:51PM

I've been using it on my phone for months now. It's great not getting all the intrusive ads that are displayed on other browsers.

Wikipedia just start accepting BAT tips this week so I sent 20BAT there way. There's only a few websites that I use that are registered to accept BAT tips unfortunately.

makeorbrake · 31-08-2019 02:28PM

Been using it as my main browser for a few months. Definitely less ads and good concept.

sexmag · 31-08-2019 07:32PM

el diablo wrote: »

In what way has it not lived up to the hype yet? Because the price hasn't gone to the moon?

No because I would rather more site accepted BAT. It's still early enough for websites but I would like to see more having an option to tip them etc

Bob24 · 03-09-2019 12:52PM

Limited ETF launch with SEC exemption rules: https://cointelegraph.com/news/vaneck-solidx-to-offer-limited-bitcoin-etf-for-institutions-via-exemption

This is not the real thing and will have limited reach, but i guess they are trying it as a way to show everything’s working fine and support their formal applications.

JJJJNR · 03-09-2019 07:12PM

Alt coins not coming back, major alt coin buy signal!

q85dw7osi4lebg · 05-09-2019 10:07AM

Just used to buying sats every day or two now, the excitement is gone but it's a routine I'm happy to have.

cnocbui · 05-09-2019 10:24AM

JJJJNR wrote: »

Alt coins not coming back, major alt coin buy signal!

I'm not into alt coins, but I followed that link on a whim, but the thing that caught my eye was a side link which mentioned that BTC mining is using less energy than it previously did, even though the hash rate is significantly higher.

I can think of some posters who will be severely disappointed by that. Perhaps the polar bears won't melt, after all. Bummer, I was looking forward to lower heating bills and warmer summers.

According to one chart, energy consumption as of July was 69.79 terawatt hours per year. In July 2018, the figure was 71.12 terawatts, while hash rate was almost 60% lower than at present.
...
The data thus fits into the overall trend for miners to become more ecologically aware. As Bitcoin prices recovered this year, multiple operators announced attempts to improve efficiency.

A study in June found that three-quarters of Bitcoin mining activity is powered by renewable energy sources.

Hardware manufacturers have further sought to develop new devices with greater capabilities and lower energy demands, such as Bitmain’s 7nm Antminer, which debuted last November.

SauNewb · 09-09-2019 11:06AM

Does anyone know why EOS is rising the last few days?

Bob24 · 09-09-2019 02:19PM

SauNewb wrote: »

Does anyone know why EOS is rising the last few days?

I might have missed something, but I haven’t read anything specific about EOS lately.

Could it be that Ethereum has been looking a bit gloomy lately both in terms of price action and technical updates (founder saying it has a scaling issue and is nearing full capacity, delay in a major update)? Since EOS is basically aiming for the same use case as Ethereum (decentralised cloud), bad news for Ethereum is possibly good news for EOS.

Or it could just be random / pumps ...

snowstreams · 09-09-2019 03:22PM

Im thinking that there is some speculation that an Alt season is about to start.
But we have a had a few false starts in the last 18months already.
I just sold my EOS there this morning ive been holding for a good while but just lost interest.

I hope an alt season doesnt start now. Xmas time would be nice for an alt season again.

FFVII · 09-09-2019 11:09PM

https:// mobile. twitter. com/whale_alert/status/1169815776733220866

Big balls to move a billion crypto around

unkel · 10-09-2019 01:38AM

cnocbui wrote: »

I'm not into alt coins, but I followed that link on a whim, but the thing that caught my eye was a side link which mentioned that BTC mining is using less energy than it previously did, even though the hash rate is significantly higher.

BTC mining has been done mostly on renewable electricity for years. That's because most of it is done in China and it is most profitable doing it at the cheapest electricity rates (which are renewable)

Say what you will about China but they have:

1. more zero emissions hydro electricity than the rest of the world combined
2. more zero emissions solar PV electricity than the rest of the world combined
3. more zero emissions wind electricity than the rest of the world combined

FFVII · 10-09-2019 10:18AM

unkel wrote: »

BTC mining has been done mostly on renewable electricity for years. That's because most of it is done in China and it is most profitable doing it at the cheapest electricity rates (which are renewable)

Say what you will about China but they have:

1. more zero emissions hydro electricity than the rest of the world combined
2. more zero emissions solar PV electricity than the rest of the world combined
3. more zero emissions wind electricity than the rest of the world combined

And build a new coal powered plant every 2 weeks and are planning to keep doing this until 2030.

And actually struggle to produce solar because of smog clouds.

unkel · 11-09-2019 12:33AM

FFVII wrote: »

And build a new coal powered plant every 2 weeks and are planning to keep doing this until 2030.

True. But to put that in perspective, the percentage of China's total electricity production coming from coal has been declining for several years, dropping faster and faster the last few years. Even though the total production is still growing rapidly.

Not something that a lot of western countries can claim.

FFVII · 11-09-2019 12:34AM

unkel wrote: »

BTC mining has been done mostly on renewable electricity for years. That's because most of it is done in China and it is most profitable doing it at the cheapest electricity rates (which are renewable)

Say what you will about China but they have:

1. more zero emissions hydro electricity than the rest of the world combined
2. more zero emissions solar PV electricity than the rest of the world combined
3. more zero emissions wind electricity than the rest of the world combined

Where did you actually get this from?

http://www.bbc.com/future/story/20180822-why-china-is-transforming-the-worlds-solar-energy

https://en.wikipedia.org/wiki/Solar_power_by_country

q85dw7osi4lebg · 11-09-2019 12:59AM

Please remember this is the excited thread ladies and gents.

Anyone still euro cost averaging on a weekly basis?

I feel like I can’t hoover up enough at current price (BTC), pretty much at the limit financially.

Finally have an accumulation plan and exit plan in place too (exit as in partial exit to FIAT before it becomes worthless and BTC becomes accepted).

Bob24 · 11-09-2019 08:29AM

Addison Fancy Macrame wrote: »

Finally have an accumulation plan and exit plan in place too (exit as in partial exit to FIAT before it becomes worthless and BTC becomes accepted).

Genuine question: why exiting to FIAT at a time you believe it is about to become worthless? Or did I get you wrong?

q85dw7osi4lebg · 11-09-2019 10:58AM

Bob24 wrote: »

Genuine question: why exiting to FIAT at a time you believe it is about to become worthless? Or did I get you wrong?

I'm hoping for mass adoption, but that's not guaranteed, so it's a hedge against future failure of BTC. Will still end up with the majority of my holding in 10 years however, but I'll just have less than if I hodled.

Is anyone else starting to become a bit excited?

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