lizardmech Posted June 21, 2017 Author Share Posted June 21, 2017 It's basically chinese ethereum with a better feature set. I made a decent profit on the last run, it dipped back down today as chinese traders take their gains. Tempted to rebuy it and see if it surges during the conference. If it gets support from alibaba or the chinese gov backs it it will explode. Link to comment Share on other sites More sharing options...
John Eucist Posted June 21, 2017 Share Posted June 21, 2017 1 minute ago, lizardmech said: It's basically chinese ethereum with a better feature set. I made a decent profit on the last run, it dipped back down today as chinese traders take their gains. Tempted to rebuy it and see if it surges during the conference. If it gets support from alibaba or the chinese gov backs it it will explode. Be careful tho, as they say "buy the rumor, sell the fact". Link to comment Share on other sites More sharing options...
lizardmech Posted June 21, 2017 Author Share Posted June 21, 2017 Yeah, I did that with digibyte, took 300% profit and it dived after the announcement they had hyped up. Though the antshares thing sounds like it might have the opposite effect, I know for sure microsoft are involved in the conference tomorrow. Link to comment Share on other sites More sharing options...
John Eucist Posted June 21, 2017 Share Posted June 21, 2017 I picked up some ANS/BTC at 0.0033 for kicks. Â Link to comment Share on other sites More sharing options...
Trey Lewis Posted June 21, 2017 Share Posted June 21, 2017 9 hours ago, lizardmech said: I mined dogecoin the first few days it was out, held it until a month ago, got all my trading money from it. I made a good chunk of money during those days. It really helped with college. I mined on a few Radeon 7970's I had before dedicated miners came out. The rest I bought steam games with. I also mined or bought a lot of different altcoins as they were announced and would sell at the first real rise before people realized not every altcoin created was going to be successful. Lots of weird names, lots of memes, lots of fun. I told everyone daily about how I believed this would change the world daily and everyone thought I was just crazy. It was my first or second year in college. No one thought VR was cool yet either, but I made a lot of people believers, and incredibly motion sick, with my Oculus Rift dev kits. 4 hours ago, John Eucist said: I picked up some ANS/BTC at 0.0033 for kicks. Â I think I am going to do the same. Figured instead of eating out I will drop that into it. HOLDDDD. Haha. Link to comment Share on other sites More sharing options...
John Eucist Posted June 21, 2017 Share Posted June 21, 2017 2 hours ago, Trey Lewis said: I think I am going to do the same. Figured instead of eating out I will drop that into it. HOLDDDD. Haha. You spelled HODL wrong.  Link to comment Share on other sites More sharing options...
lizardmech Posted June 22, 2017 Author Share Posted June 22, 2017 Whales took impatient peoples money as usual. Managed to engineer a 50% flash crash as the conference ended bought all the stop losses and panic sellers now sending it back up as the USA wakes up soon. Link to comment Share on other sites More sharing options...
John Eucist Posted June 24, 2017 Share Posted June 24, 2017 https://blog.gdax.com/eth-usd-trading-update-2-216a3b946ef6 In case you're not aware, the flash crash on GDAX caused ETH to drop from over $300 down to 10 cents for a brief second. Link to comment Share on other sites More sharing options...
lizardmech Posted June 24, 2017 Author Share Posted June 24, 2017 I saw that, pretty impressive scheme. Only happened because people did leveraged trades with stop losses set at market price rather than limit. They're all complaining it's the exchanges fault but I don't see how, everything functioned as intended. Link to comment Share on other sites More sharing options...
John Eucist Posted June 24, 2017 Share Posted June 24, 2017 1 hour ago, lizardmech said: I saw that, pretty impressive scheme. Only happened because people did leveraged trades with stop losses set at market price rather than limit. They're all complaining it's the exchanges fault but I don't see how, everything functioned as intended. Weren't there liquidations set off due to margin positions also? Or does GDAX not have margin trading? Regardless, I don't think super big market orders should be allowed to clear the entire book like that. If the order is so large, it should pause for like 15 seconds after a certain price movement limit (and have a new price limit after that) to give people a chance to put buy orders in. I mean who wouldn't want to buy ETH at 10 cents (or even at $100)? People need to be given time to put the buy orders in. Link to comment Share on other sites More sharing options...
lizardmech Posted June 24, 2017 Author Share Posted June 24, 2017 Yeah a cascade of margin calls and stop losses all going off at the same time. Link to comment Share on other sites More sharing options...
John Eucist Posted July 2, 2017 Share Posted July 2, 2017 Any comment on tezos?https://www.tezos.com/ Link to comment Share on other sites More sharing options...
lizardmech Posted July 4, 2017 Author Share Posted July 4, 2017 On 7/2/2017 at 11:14 PM, John Eucist said: Any comment on tezos?https://www.tezos.com/ I mostly ignore the ICOs. This one is uncapped and already 100+ million I wouldn't touch it. Link to comment Share on other sites More sharing options...
lizardmech Posted July 4, 2017 Author Share Posted July 4, 2017 This is a more interesting ethereum based ICOÂ https://uetoken.com/ Link to comment Share on other sites More sharing options...
John Eucist Posted July 4, 2017 Share Posted July 4, 2017 24 minutes ago, lizardmech said: This is a more interesting ethereum based ICOÂ https://uetoken.com/ LOL. This guy is awesome. Link to comment Share on other sites More sharing options...
John Eucist Posted July 13, 2017 Share Posted July 13, 2017 Link to comment Share on other sites More sharing options...
lizardmech Posted July 18, 2017 Author Share Posted July 18, 2017 Looks like this weekends crash is over. I still think ETH is overpriced it still doesn't have many real applications beyond ICO scams. Bitcoin is fairly useful and had years to slowly climb. Link to comment Share on other sites More sharing options...
John Eucist Posted July 18, 2017 Share Posted July 18, 2017 59 minutes ago, lizardmech said: Looks like this weekends crash is over. I still think ETH is overpriced it still doesn't have many real applications beyond ICO scams. Bitcoin is fairly useful and had years to slowly climb. Check this old article out. I think it's plausibly related to the price action in the last few days. Quote: This also infers that, technically, exchanges today are thinly traded. If I wanted to buy $50m in Bitcoin, what would prevent me from shorting the market by with $2–5m, forcing the price down and then buying $50m in volume from OTC traders who have clients panicking? Market manipulation, although seemingly unlikely, is entirely plausible in a thinly traded market where large trades happen outside the exchange.https://vinnylingham.com/the-1-dont-use-bitcoin-exchanges-ff019774d886 Link to comment Share on other sites More sharing options...
John Eucist Posted July 18, 2017 Share Posted July 18, 2017 My current long-term HODL crypto pie (in terms of USD value for each crypto). I actually don't mind seeing bitcoin back down to the sub-1500 area to accumulate more. EDIT: I have just shifted about a third of my LTC back into BTC due to the likelihood of BIP91 locking in in the next few days. Link to comment Share on other sites More sharing options...
lizardmech Posted July 18, 2017 Author Share Posted July 18, 2017 It looks likely an agreement on segwit will be reached before the august deadline, not sure if there will be another dip this weekend as a result. Link to comment Share on other sites More sharing options...
John Eucist Posted July 18, 2017 Share Posted July 18, 2017 17 minutes ago, lizardmech said: It looks likely an agreement on segwit will be reached before the august deadline, not sure if there will be another dip this weekend as a result. Watching BIP91:https://www.xbt.eu/https://coin.dance/blocks  Link to comment Share on other sites More sharing options...
lizardmech Posted July 18, 2017 Author Share Posted July 18, 2017 Interested to see how the US reacts when they wake up, looks like segwit2x is basically a done deal now. Link to comment Share on other sites More sharing options...
John Eucist Posted July 18, 2017 Share Posted July 18, 2017 This is a good article on what's going on right now for anyone else following this thread:http://www.coindesk.com/coindesk-explainer-bip-91-implements-segwit-avoiding-split/ Link to comment Share on other sites More sharing options...
John Eucist Posted July 18, 2017 Share Posted July 18, 2017 no words Link to comment Share on other sites More sharing options...
lizardmech Posted July 18, 2017 Author Share Posted July 18, 2017 Someone on bitfenix had a 1500 BTC sell wall trying to keep it below 2300. Link to comment Share on other sites More sharing options...
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