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  1. #9211
    ๐Ÿ…ณ๐Ÿ…ฐ๐Ÿ†‚ ๐Ÿ…ธ๐Ÿ†ƒ Luc1fer's Avatar
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    Rejected $8000 twice, are the bulls gonna run out of steam?
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  2. #9212
    Author/Trainer 2020Wellness's Avatar
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    Originally Posted by Luc1fer View Post
    Rejected $8000 twice, are the bulls gonna run out of steam?
    Hard to say because it's rejected certain points 2-3 times throughout the last four days of this run, eventually breaking through.
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  3. #9213
    ๐Ÿ…ณ๐Ÿ…ฐ๐Ÿ†‚ ๐Ÿ…ธ๐Ÿ†ƒ Luc1fer's Avatar
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    Originally Posted by Parkerscott View Post
    BTC keeps making higher highs, people making tons of money on altcoin roulette, ethereum going up in price after the second parity fuk up. None of this makes any sense anymore.
    The parity multi-sig bug was a coders error with solidarity, nothing to do with Eth. But ye, I would've expected a hit regardless.

    Probably going to start selling here pretty soon, and sit on the sidelines for a little bit. Ive been doing well scalping and holding but we have all been in a bull market for a good while now. More than likely I will end up selling, then fomoing back in just at the tip of the bull market lol. Going to probably put some more money into BAT though
    I understand your sentiment around 'too good to be true'. The whole thing is just bizarre right now; a bubble for sure where people keep investing more and more as the price goes up.

    Not sure if I'm gonna buy more ETH at it's current price now. I'd much rather <$300.
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  4. #9214
    Lord of the Brocean broseidon's Avatar
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    When do you guys honestly see BTC going stagnant for a while? Was there anything in particular that made it do that last time? Really hoping it is sometime soon so the market can not seem so crazy and alt coins can have a chance for gains, but I am not counting on it by any means
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  5. #9215
    Registered User propreffered7's Avatar
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    Originally Posted by broseidon View Post
    When do you guys honestly see BTC going stagnant for a while? Was there anything in particular that made it do that last time? Really hoping it is sometime soon so the market can not seem so crazy and alt coins can have a chance for gains, but I am not counting on it by any means
    yea this btc growth wasn't normal at all. it took about as long as you would expect for it to take at its marketcap

    its been zooming way beyond what it normally does. well, besides the bull runs

    the catalyst imo was the first fork. that made it the center of the market and gave it tons of news and spotlight time, and then they announced the futures. prob all a pretty well orchestrated run
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  6. #9216
    Throbbing Member jamalfudge's Avatar
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    Originally Posted by broseidon View Post
    When do you guys honestly see BTC going stagnant for a while? Was there anything in particular that made it do that last time? Really hoping it is sometime soon so the market can not seem so crazy and alt coins can have a chance for gains, but I am not counting on it by any means
    I think what's going to happen will be as follows:

    Tier 1: BTC, ETC, LTC will be the best performers
    Tier 2: XMR, OMG, etc level alts that have good platform or working product
    Tier 3: ICOS that come to the table ready to launch vs an idea on a white paper
    Tier 4: Move money strategically between pumps and dumps in the lesser alts

    With the way crypto moves so fast, the best of the best need to up their game quicker to gain an edge. Think of how football players today are bigger, stronger, faster than 30 years ago, this is a similar idea.
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  7. #9217
    ๐Ÿ…ณ๐Ÿ…ฐ๐Ÿ†‚ ๐Ÿ…ธ๐Ÿ†ƒ Luc1fer's Avatar
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    Originally Posted by jamalfudge View Post
    I think what's going to happen will be as follows:

    Tier 1: BTC, ETC, LTC will be the best performers
    Tier 2: XMR, OMG, etc level alts that have good platform or working product
    Tier 3: ICOS that come to the table ready to launch vs an idea on a white paper
    Tier 4: Move money strategically between pumps and dumps in the lesser alts

    With the way crypto moves so fast, the best of the best need to up their game quicker to gain an edge. Think of how football players today are bigger, stronger, faster than 30 years ago, this is a similar idea.
    Tier 2 is just higher risk, higher reward/loss. Unfortunately right now we are still at phase0 for these projects. A handful of alts that produce viable business products will perform better than Tier1.

    The next phase is for these โ€œaltsโ€ to produce potentially profitable products. He vast majority will die, much like normal companies. I expect some of them to produce product progress and alliances in mid 2018.

    IMO a smart investor would swap in and out of alts and BTC, only taking a position at the beginning of each phase (months apart). The difficulty is the timing, you must be on top of all the news and _always_ be ready to pull the trigger. The lazy option, holding, will produce lower returns but itโ€™s less work.
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  8. #9218
    Registered User MyReincarnation's Avatar
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    The OG dude that created the initial thread is now a millionaire (if he held) , suckers. LOL
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  9. #9219
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    Originally Posted by MyReincarnation View Post
    The OG dude that created the initial thread is now a millionaire (if he held) , suckers. LOL
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