Very much like "weed stocks", "crypto" has attracted the lowest common denominators. It's an insult to high finance
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Very much like "weed stocks", "crypto" has attracted the lowest common denominators. It's an insult to high finance
Ahem BTC AND LTC.
Are you the type of Persian that gets insulted if you get called an Arab? You are not as sophisticated as you think you are. Does it matter what you are trading if you can profit off of it? There is no difference between trading crypto or a biotech company with no earnings. It is gambling. China is a Bitcoin guru on this forum. That is a fact.Quote:
Originally Posted by Krypt
In all actuality, I'm probably more sophisticated than I think I amQuote:
Originally Posted by snake_in_the_assAre you the type of Persian that gets insulted if you get called an Arab? You are not as sophisticated as you think you are. Does it matter what you are trading if you can profit off of it? There is no difference between trading crypto or a biotech company with no earnings. It is gambling. China is a Bitcoin guru on this forum. That is a fact.Quote:
Originally Posted by Krypt
And the fact that you likened investing in the health care space to "crypto" is very revealing. Do you read pubmed articles? I do. I'm not some idiot speculator looking at incomplete data sets and operating on blind hope.
+1300Quote:
Originally Posted by chinamaniac+500 alreadyQuote:
Originally Posted by chinamaniac
Krypt I appreciate you trolling me by mentioning weed stocks.
Thanks bud.
Insult high finance? Is that even possible?Quote:
Originally Posted by Krypt
Have you ever read Liars Poker?
Don't worry, he knows not what he says.Quote:
Originally Posted by SanlmarInsult high finance? Is that even possible?Quote:
Originally Posted by Krypt
Have you ever read Liars Poker?
MEN'S WIMBLEDON 2017 - OUTRIGHT WINNER ROGER FEDERER +200
Lets see how this works Sanlmar....
So I just dumped all my LTC at weeks high price, my theory is it will now drop (has started) down a point since I dumped and the bet is will do so for 3-4 more hours do to profit taking.
At which point before bed I will buy back in and awake (early) to profits as the Asians pump it 3 days in a row now while I sleep, why not 4 right.
LTC
Dumped at $39 within last hour.
Buy back in 3-4 hours @ ?? before bed.
Morning price ??
Will update.
I have no feel for litecoin. It's in an entirely different place than Bitcoin after its ridiculous run.
I will say that it appears to want to test its breakout level of $35 or so. But I don't know.
The more interesting and potentially more lucrative trade is ethereum. Thing is pounding out 10% moves routinely. Makes Bitcoin look like a municipal bond in comparison.
I read someone here write about $220 several days ago and that was pretty cool.
Quote:
Originally Posted by Sanlmar
Ya, lite coin knocked on 50's door a while but got big resist when it came close. Now it is fighting to see $40.
I only liked it lately because of the positive press on it and it seemed more stable in times of crisis this month.
Ethereum, almost pulled the trigger today but once seeing that XX point up swing a few hours ago it then saw a quick 6 point drop I just don't have the stomach. I mean it could go up huge and recover or it could lose a LOT more, its so 50/50.
Ill grind out the 5 point plays as I see them for now. The stack is large so 5 points here and there is quite nice and adds up.
You bought NTLA and said it was for long run. You sold it a week later. You are gambling.Quote:
Originally Posted by Krypt
To a certain extent you're right, but the thesis on crispr remains intact, and NTLA at certain valuations is a trade.Quote:
Originally Posted by snake_in_the_assYou bought NTLA and said it was for long run. You sold it a week later. You are gambling.Quote:
Originally Posted by Krypt
+1920Quote:
Originally Posted by chinamaniac+1300Quote:
Originally Posted by chinamaniac
did you follow your own advice china ?
I didn't buy any today but I am sitting on someQuote:
Originally Posted by JACKDANIELS
I'm a bit confused because you run a atm but I can buy from you at market value, no juice?
factor in your juice this afternoon and Id be losing money....keep it 100, whats your mark up
I got the ATM, not China. Who are you referring to?Quote:
Originally Posted by DonaldTrumpsHairPiece
You're right, got you confused, sorry.Quote:
Originally Posted by snake_in_the_assI got the ATM, not China. Who are you referring to?Quote:
Originally Posted by DonaldTrumpsHairPiece
No chance to buy back LTC cheaper tonight before bed, basically same price as sold for. No value there so wait to see how morning looks. Nice to see its holding $38-9 though.
I bought huge from China a little while ago. Note the date and time --->> glimpse into the future, right?Quote:
Originally Posted by snake_in_the_assI got the ATM, not China. Who are you referring to?Quote:
Originally Posted by DonaldTrumpsHairPiece
What kind of sick fuck buys from a Chinese exchange? The spread vs US exchanges was YUGE.
I posted I bought at $2300 earlier today so I have a cushion.
But I won't lie, I am sweating. I am not even trusting it'll clear the confirmations
Here's hopin :)
No chance at LTC buy in tonight so picked up 50+ ETH to play with, this thing is stagnant or may make a good move up overnight, we'll see.
It was nice to awake to this! And now a good question, is ETH back back like will this be a rocket up XXX or will there be the usual profit taking today....let it ride?
2
Ethereum
$27,110,840,628
$291.97
92,855,203 ETH
$2,200,400,000
+15.90% (now 30%)
and my LTC prediction of a nice lil Asian pump at overnight...
4
Litecoin
$2,118,371,046
$40.94
51,747,732 LTC
$524,308,000
+7.61%
Since posting this ETH up another 15 points...now Ive seen this before, profit taking generally happens in the coming 3-4 hours however this situation is unique so Ill be a holder or seller by lunch, we'll see :)
Hat tip to Sanlmar because I wasn't even considering ETH again, your voice in my head made me 30 points since lastnight! and rollin....
Ok dumped it all over $300 per ETH a tidy 33% profit overnight :)
Now to wait for my next play ;) looks like some profit taking happening as each coin dropping 1-4% now across the board for top 5.
Sitting on the cash and waiting for a drop falalalala lalala falalalala
Making money trading crypto is unsophisticated according to Krypt. Maybe you should buy his biotech recommendation, the one he said he was going to hold long term and sold it a week later. LolQuote:
Originally Posted by DonaldTrumpsHairPiece
I don't really have big balls Tellafriend. It isn't an all or nothing bet.
Using Mobi I had access to Chinese exchanges and had an edge in price over US so I took that. I am only looking to scalp something and gtfo.
I also want to have Bitcoin so I have the bullets to buy ETH or LTC if a plus plus setup presents itself near term.
The only bad thing is tying up funds that can be working elsewhere like Carribean Stud or Red Dog.
We will see.
Few weeks back, Bitstamp was trading at 4-5% less than Coinbase for several hours. Didn't have any money on Bitstamp but it would have been a sweet trade.Quote:
Originally Posted by Sanlmar
Jumped back into ETH a few hours ago @ 309, I got a feeling the Asians may pump this huge tonight, hard to believe after the great day it had but... we shall see :)
+2330 now
You have repeatedly written about the overnight Asains.Quote:
Originally Posted by DonaldTrumpsHairPiece
Got news for you, trading is nearly non existent overnight.
Quote:
Originally Posted by SanlmarYou have repeatedly written about the overnight Asains.Quote:
Originally Posted by DonaldTrumpsHairPiece
Got news for you, trading is nearly non existent overnight.
So when I see price spikes in ETH between 8pm and 6am my time I am wrong? That is 8am and 6pm their time. So for me it is overnight that is what I refer to. Normal business hours for them :)
I also know this is happening because usually leading up to lunch hour for me (midnight for them/Asians) they dump and take a profit if there.
I don't know which coast your on.Quote:
Originally Posted by DonaldTrumpsHairPieceQuote:
Originally Posted by Sanlmar
So when I see price spikes in ETH between 8pm and 6am my time I am wrong? That is 8am and 6pm their time. So for me it is overnight that is what I refer to. Normal business hours for them :)
I also know this is happening because usually leading up to lunch hour for me (midnight for them/Asians) they dump and take a profit if there.
I was grading last night and had market depth for all the coins up. I am telling you it was dead. Positively flatlined for periods.
I have noticed this several nights recently.
The spreads are huge as is the case in thin dead markets. Someone might reach across and spike it in one direction or another and spike it but that's noise.
I saw litecoin at 39. I felt no fear. Forming a double bottom leading into a W pattern hopefully. I bought some but not much. Any sign of interest and the sellers moved their limit up. Cat and mouse.
This shit is going to nap it out for a while. Maybe a long while.
East coast.Quote:
Originally Posted by SanlmarI don't know which coast your on.Quote:
Originally Posted by DonaldTrumpsHairPiece
I was grading last night and had market depth for all the coins up. I am telling you it was dead. Positively flatlined for periods.
I have noticed this several nights recently.
The spreads are huge as is the case in thin dead markets. Someone might reach across and spike it in one direction or another and spike it but that's noise.
I saw litecoin at 39. I felt no fear. Forming a double bottom leading into a W pattern hopefully. I bought some but not much. Any sign of interest and the sellers moved their limit up. Cat and mouse.
This shit is going to nap it out for a while. Maybe a long while.
Yes in a lul the last few days. I jumped into eth then out now in, hoping to see another nice 15-30% spike one morning when I arise. When I look at top 5 it alone stands the best chance to, BTC wont jump $500-750+ overnight, nor LTC jump 5-10 bucks, Ripple maybe as it has seen .25-.32 over the last few weeks.
Just betting on most likely to give best ROI atm not particularly the most stable. Risk Reward
I like Kraken when buying, selling is so-so have to do it at just the right time and the average price is closer to kraken exchange pricing. For example, in a short period during the early morning hours my time I can see ETH jump $10-$15 and jump on that (assuming up trend occurring). Then all day back to under. So if timing is right and trend looks up I can pop off $500-$1000.
Looks like Bitcoin just got the kiss of death. Front page of Barron's magazine. They trashed FaceBook on the front page when the stock was $23/share, saying it was going to $15. It went to $150. Now they are hyping up Bitcoin. Be careful folks.
When I was a fledgling financial market researcher, I did a pilot study of how the stocks of companies mentioned on the cover of Barron's performed over the following year grouped by whether one could easily classify the mention on the cover as good, neutral, or bad news. Over a five year period of data, each group had roughly the same number of companies. Guess which group performed worst?Quote:
Originally Posted by snake_in_the_assLooks like Bitcoin just got the kiss of death. Front page of Barron's magazine. They trashed FaceBook on the front page when the stock was $23/share, saying it was going to $15. It went to $150. Now they are hyping up Bitcoin. Be careful folks.
add barrons to cnbc having it on their front page a month or so back...man if that aint the fucking death blow I don't know what is...
Mining transaction fees collapsed to as low as 25 cents. Hope it stays that way.
I can actually test this if you like. However, I do want to note that frequently at around 1 PM Beijing time(official lunch time in HK) trading noticeably dips every day. Around 3 hours before you'll typically notice some very massive dumps or pumps. The majority of the large swings I've seen usually occur around this time and typically account for a significant portion of the 24 hour volume. This is purely observational though. Like I said though, I do have the data to test if necessary.Quote:
Originally Posted by SanlmarYou have repeatedly written about the overnight Asains.Quote:
Originally Posted by DonaldTrumpsHairPiece
Got news for you, trading is nearly non existent overnight.
Litecoin $45. Just sayin.Quote:
Originally Posted by Sanlmar
I got a nasty baseball habit I gotta fund so I'm out. BOL is literally the only place you can use Litecoin anyway.
I'd post the money on fire GIF but that's piles of fiat. What's the digital version?