Tero's Crypto Corner

Discussion in 'General Discussion' started by terosis, Jun 20, 2017.

  1. terosis

    terosis Advanced NPCF

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    141
    Hot investing tips, for altcoins, directly from my brain:

    Buy and hold:

    Ethereum (ETH), it's not going anywhere. Ethereum Alliance (Microsoft, JP Morgan, Intel)

    Siacoin (SC), and lots of it. Decentralized storage. INTERESTING.

    Dogecoin (DOGE), bc why not?


    "You miss 100% of the shots you don't take." - Wayne Gretzky
     
  2. Red

    Red TZT Neckbeard

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    All in brb going 2 moon
     
    terosis likes this.
  3. Samassi Abou

    Samassi Abou TZT Abuser

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    I've got nothing against people speculating on these, as long as you realise that they're mainly just hype bubbles, and in effect you're gambling rather than investing.
     
  4. Lysernix

    Lysernix TZT Regular

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    Dogecoin is always fun.

    NEOS is so golden. TX, DMD, NXS, BSD :D
     
  5. Sear

    Sear TZT Neckbeard Lord

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    bought a paltry amount of Eth on the dip today

    I will probably regret this, since it's either going to be TEH FUTURE or it's going to be worthless. The Status ICO hit it pretty hard so I wouldn't be surprised if the bottom falls out, but there's enough potential as a long-term hold for me to throw away some money on the risk.
     
  6. Fais

    Fais TZT Abuser

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    A person I track that thinks he's an expert in Cryptocurrencies said the following. What does all that mean? Seems to me that if they stop creating more coins all those GPU's wont just switch to other coins that don't pay the power bill.

    "Ethereum plans to go proof-of-stake soon, which puts much less emphasis on mining compute power. However, that just means the GPUs will migrate to other altcoins. Japan, Australia, China, India and some big banks have begun taking steps to legitimize Bitcoin/Ethereum, so I don't see prices correcting downward very much at all."
     
    Last edited: Jun 21, 2017
  7. Utumno

    Utumno Administrator Staff Member

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    Welcome to the Looney bin sir.

    I kindof look at this like playing the lottery but with better odds. Probably won't amount to shit, but you drop a relatively trivial amount in and wait. Who knows, if Eth becomes currency of the future then you cash in big.
     
  8. Sear

    Sear TZT Neckbeard Lord

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    I fully expect it to go down the drain. I put in less than 100 though so whatever.

    https://api.gdax.com/products/ETH-USD/stats (note the low amount)

    was either a glitch or flash crash, but if anyone was lucky enough to buy at that figure they're probably sitting on a pile of money right now

    I've already noticed that Coinbase seems to go down or have a server outrage every time there's a dip. Is there any better exchange service out there (that isn't shady as fuck)?
     
  9. Sear

    Sear TZT Neckbeard Lord

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  10. terosis

    terosis Advanced NPCF

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    141
    So, almost a month later, things have changed. ETH is trending downward. I'm predicting it here. One day in the next 30 days it's going to shoot way back up and people will start buying it again at highs, then it will dip back down to dumps and people will start selling. Now is the time to buy, don't wait till it goes back up fools!
     
  11. terosis

    terosis Advanced NPCF

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    141
    Warren buffet says (supposedly): "Be fearful when others are greedy. Be greedy when others are fearful."

    I agree with Samassi that you MUST only invest what you are willing to lose.
     
  12. Fais

    Fais TZT Abuser

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    Ethereum down to $202
     
  13. Utumno

    Utumno Administrator Staff Member

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    oh lawd i'm just break-even on my investment now TIME TO PULL OUT

    (j/k i'm riding this shit out)
     
  14. Yogr

    Yogr Meatball Sub Pro

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    Almost invested a couple grand at $244. Glad I didn't. I think I will though if it drops to $150 or so
     
  15. Kilinitic

    Kilinitic 6,000 feet beyond man and time

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    Fuck coinbase i tried to do their identity verification but it wouldn't work :(
     
  16. Utumno

    Utumno Administrator Staff Member

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    This was terrible for me as well, but one day it just worked (using a decent webcam and good lighting for my DL)
     
  17. Jong

    Jong TZT Abuser

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    all investment in currency is this
     
  18. Fais

    Fais TZT Abuser

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    Ethereum down to $190.... maybe all those GPU's that sold are making a dent in it. I'm sure the majority is just hype. GPU pressure is easing although the damage is already done, and AMD stock is fluctuating like a mad man still.... down on Ethereum news.
     
  19. Utumno

    Utumno Administrator Staff Member

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    are we going to be looking @ $70 used video cards for the next few years? because that would be kinda cool
     
  20. Sear

    Sear TZT Neckbeard Lord

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    I've been researching tech stock investment for about a month now and already see a pattern of 90% of the analysis on the internet being terrible/schizophrenic.

    [​IMG]