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Is anyone else starting to become a bit excited?

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Comments

  • Registered Users, Registered Users 2 Posts: 126 ✭✭themossinator




  • Closed Accounts Posts: 779 ✭✭✭Arrival


    cnocbui wrote: »
    Ha ha ha.

    So much for the Judge and Guards getting their hands on those Bitcoin.



    I'd come to terms with the loss too if I had mislead everyone and could still retrieve the pass phrase.

    "Officers are hoping that advances in technology will eventually enable them to access the accounts"

    ****ing morons even saying that part, just have to laugh at the blatant ignorance


  • Registered Users, Registered Users 2 Posts: 18,211 ✭✭✭✭Thargor


    cnocbui wrote: »
    Ha ha ha.

    So much for the Judge and Guards getting their hands on those Bitcoin.



    I'd come to terms with the loss too if I had mislead everyone and could still retrieve the pass phrase.
    Ha that was my first thought aswell, he has a crosshairs painted on his head now though. Reminds me of this XKCD:

    lG5QXPs.png


  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    JJJJNR wrote: »
    Still pumping.:pac:

    Up 200%


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    Interesting ... stock markets are very down and gold is very up today as the world comes to the realisation that the coronavirus situation is neither getting better nor just an Asian problem anymore.

    But BTC is not moving either way.


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  • Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Very interesting is the bnb partnership on an up coming real estate sto, binance listing is a no brainer from here.


  • Registered Users, Registered Users 2 Posts: 1,382 ✭✭✭FFVII


    Bob24 wrote: »
    Interesting ... stock markets are very down and gold is very up today as the world comes to the realisation that the coronavirus situation is neither getting better nor just an Asian problem anymore.

    But BTC is not moving either way.

    It is now.

    Down a wee bit.


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    I've decided to trade some BTC into ETH and see how it goes for the short to medium term


    think the potential gains from eth could out perform BTC in 2020

    if BTC reaches the ATH in 2020 then its just over double what its at now, but even if ETC reaches 60-70% of its ATH then thats a better return

    we shall see if the strategy pays off


  • Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Bought the weekly allocation of Bitcoin there.


  • Registered Users, Registered Users 2 Posts: 17,938 ✭✭✭✭banie01


    banie01 wrote: »
    I'd crystalised some gains @10days ago....
    When i say some, i'd moved everything i owned back to Fiat.
    Will drop back in over the next month or so, but delighted my itchy trigger finger pushed the entire market up :P

    Ye are welcome lads! :pac:

    Slowly starting to move this cash pile back into crypto with some nice gains and plenty of buys set to trigger if this slideback continues.

    I'd love to claim TA or market savvy led me to this strategy...
    but
    honestly, its sheer dumb luck.


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  • Registered Users, Registered Users 2 Posts: 4,681 ✭✭✭makeorbrake


    banie01 wrote: »
    Slowly starting to move this cash pile back into crypto with some nice gains and plenty of buys set to trigger if this slideback continues.

    At what price-point are you triggering your buys?


  • Registered Users, Registered Users 2 Posts: 17,938 ✭✭✭✭banie01


    At what price-point are you triggering your buys?

    For BTC I have range of triggers set between €8.5k and €7.7k the buys triggered so far have gotten me back in to exceed my original BTC pile with @11% gain on total holding.

    Have a similar set of triggers for LTC and ETH, expecting ETH to go sub €180 and LTC back to@ €50.

    Also went back in on XRP on a complete hunch this morning @€;0.215.

    The crypto pile is growing while the value is dropping but thats usually when \i accumulate.


  • Closed Accounts Posts: 779 ✭✭✭Arrival


    Anyone in on Dash? Haven't researched it much but would it be a genuine long-term prospect/possibly return to ATH?


  • Registered Users, Registered Users 2 Posts: 19,030 ✭✭✭✭Dohnjoe


    banie01 wrote: »
    For BTC I have range of triggers set between €8.5k and €7.7k the buys triggered so far have gotten me back in to exceed my original BTC pile with @11% gain on total holding.

    Have a similar set of triggers for LTC and ETH, expecting ETH to go sub €180 and LTC back to@ €50.

    Also went back in on XRP on a complete hunch this morning @€;0.215.

    The crypto pile is growing while the value is dropping but thats usually when \i accumulate.

    I would possibly go in on sub €150 Eth this year (especially if there's a downward slide towards the end of the year) and BNB if it goes below €13 or €14


  • Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Broke my own rule and bought the dip (a bit). Had a bit of excess FIAT this week so I'll try justify it.


  • Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    Arrival wrote: »
    Anyone in on Dash? Haven't researched it much but would it be a genuine long-term prospect/possibly return to ATH?

    As you probably know it is one of the main contenders in terms of privacy coins with Monero and Zcash. From what I can tell this is not the best one from a privacy perspective, but it is the one with the strongest organisation behind it trying to push commercial adoption (with rather limited success to date - they pushed hard for adoption as a POS payment methods in South America but I don’t think it has been doing great on that front). Zcash seems to have support from academics and privacy activists as the better technical solution in terms of providing privacy, and Monero seems to actually see the largest real work use as a privacy coin (possibly pushed by its popularity for illegal transactions).

    I personally don’t don’t see a clear winner is this race at this stage, and the other question to think about is whether privacy coins in general are a good place to be (there will likely be demand for it, but they will also generate the strongest pushback from governments as they are harder to monitor as opposed to the likes of Bitcoin).

    So going back to Dash, there is nothing wrong with it and it might do well, but I personally don’t see anything which makes it particularly stand out.


  • Registered Users, Registered Users 2 Posts: 126 ✭✭themossinator


    anything Dash can do bitcoin can do, devs are working on privacy stuff for bitcoin at the moment. What's the point of monero, zcash, ****coin2679 when they are not secure/centralised? oh yeah, it's printing money to make someone rich


  • Registered Users, Registered Users 2 Posts: 229 ✭✭Mr.Maroon


    Total novice here.

    Thinking off buying some bitcoin - is now a decent time or should I hold off for awhile?
    Also, is Binance a good/safe site to use?


  • Registered Users, Registered Users 2 Posts: 8,255 ✭✭✭Grumpypants


    No one really knows. But I think it is As good a time as any. It has been on an upward trajectory this year but has currently seen a dip. Hopefully it lasts a week and starts climbing again.

    How much are thinking of buying?


  • Registered Users, Registered Users 2 Posts: 229 ✭✭Mr.Maroon


    Nothing major - maybe around the €100 mark to get started.


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  • Registered Users, Registered Users 2 Posts: 19,030 ✭✭✭✭Dohnjoe


    Mr.Maroon wrote: »
    Nothing major - maybe around the €100 mark to get started.

    One of the "safer" fiat-to-crypto exchanges is Coinbase. You can buy a variety of cryptos like Bitcoin and Ethereum there directly with fiat. They have an insurance policy on their fiat deposits last I checked.

    Binance is also decent, although they have had one or two hacks (they are one of the largest exchanges so they were able to handle the hacks without going insolvent)

    On a side note, personally I always recommend buying in stages (never in one single large amount) because no one can time the top or the bottom of the market.


  • Registered Users, Registered Users 2 Posts: 21,192 ✭✭✭✭cnocbui


    Mr.Maroon wrote: »
    Nothing major - maybe around the €100 mark to get started.

    Belgacoin is very easy to use: https://www.belgacoin.com/


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Mr.Maroon wrote: »
    Nothing major - maybe around the €100 mark to get started.

    I use kraken and agree with advice to buy in stages

    Maybe plit your €100 into a few differeant amounts and try to pick it up at various prices to give you a feel for setting up buy orders rather than chanse the market

    The trade fees are always lower aswell if you set buy orders compared to market orders

    At the moment bitcoin is a bit in no mans land...most people will say its a good time to get in, some others will say wait. If its for an investment then maybe get in

    It might also be an idea to look at others like Etherium


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    dont see a lot of buyers interested at the current price...think we are going to consolidate for a few days

    According to the CME futures chart the gap is at $8580 and wasnt filled

    Kraken registered $8516 today but I know that means 5h!t cos its not what CME had which is a pity

    It does seem to be just creeping up slowly by $15-20 every hour since it bottomed out this morning

    Chainlink is the only holding I have thats been in the green since yesterday, although I'm starting to see a few others turn green recently


  • Registered Users, Registered Users 2 Posts: 229 ✭✭Mr.Maroon


    Ok - got my account set up on Binance and bought my first €20 worth of BTC.

    It's all a bit confusing atm, so I think I'll wait a few days before I start setting up buy orders etc until I get the hang off it.


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Mr.Maroon wrote: »
    Ok - got my account set up on Binance and bought my first €20 worth of BTC.

    It's all a bit confusing atm, so I think I'll wait a few days before I start setting up buy orders etc until I get the hang off it.

    Major rule
    Don’t panic buy when you see it go up quickly
    Just take a deep breath and remember they generally come back after pumping and vice versa

    Also don’t panic sell when it’s dropping fast

    Bitcoin only has to sneeze and it can drop 10% in a day so just a bit of advice

    You’ll get used to the volatility

    Buy as it’s dropping is usually a good strategy

    Good luck


  • Registered Users, Registered Users 2 Posts: 19,030 ✭✭✭✭Dohnjoe


    24 hours after the sharpest drops we have green back on CMC and like clockwork prices start to inch up again from the averages today

    I reckon traders and bots make a mint off that


  • Closed Accounts Posts: 779 ✭✭✭Arrival


    Bob24 wrote: »
    As you probably know it is one of the main contenders in terms of privacy coins with Monero and Zcash. From what I can tell this is not the best one from a privacy perspective, but it is the one with the strongest organisation behind it trying to push commercial adoption (with rather limited success to date - they pushed hard for adoption as a POS payment methods in South America but I don’t think it has been doing great on that front). Zcash seems to have support from academics and privacy activists as the better technical solution in terms of providing privacy, and Monero seems to actually see the largest real work use as a privacy coin (possibly pushed by its popularity for illegal transactions).

    I personally don’t don’t see a clear winner is this race at this stage, and the other question to think about is whether privacy coins in general are a good place to be (there will likely be demand for it, but they will also generate the strongest pushback from governments as they are harder to monitor as opposed to the likes of Bitcoin).

    So going back to Dash, there is nothing wrong with it and it might do well, but I personally don’t see anything which makes it particularly stand out.

    I might just throw a bit into each purely for speculation, if they even got close to ATHs again it'd make a few quid


  • Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    Dohnjoe wrote: »
    24 hours after the sharpest drops we have green back on CMC and like clockwork prices start to inch up again from the averages today

    I reckon traders and bots make a mint off that

    You can say that again

    I think next week we might see a bit of sideways movement to cool off after this week between $8500-$8950


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  • Registered Users, Registered Users 2 Posts: 75 ✭✭Triman111


    Hi all. Very new to this and have one general question...what's the story about having/needing a bitcoin wallet. If I buy bitcoin on Binance can I:
    A - pay with debit card?
    B - does Binance or an other provide wallet as part of their service?
    Also how do people think the market will act leading up to halving

    Thanks all


This discussion has been closed.
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