If Bitcoin (or any cryptocurrency) just keeps increasing in value... doesn't that make people reluctant to actually use it as a currency? Isn't that a fundamental flaw, if everyone keeps holding, holding, holding hoping to eventually reach $1000,000/BTC or something?
>>3057340
Do not think, just buy.
No, because the desire to buy something will eventually outweigh the greed.
>>3057340
It's just like gold
nobody actually use gold as a currency
but when gold owners need fiat, they might sell some
I am done with this shit I have no more stamina for that!! It behaves like a waterfall to me, it doesn't benefit from a general uptrend and it is falling free when there is a general downtrend. This piece of shit deserves to burn back down to 3$ per coin!
Charlie Lee twitting on 12 August
That said, don't forget that Litecoin already went through a 10x SegWit price increase this year. Bitcoin has yet to 10x in price. Slowpoke!
Charlie needs to rebrand litecoin to morpheus. That will get people interested again.
>>3057677
Kek
>70% of NEO's volume comes from western exchanges
>>3057295
>sell high when the west wakes up
>buy low when china dumps
wew la, just growing exponentially ova here, aye.
>>3057295
>B...b...b..but...muh Chinese Etherium
>M..m...m..muh government backing
Hi
I'm student
With about 10k savings
How much should I dump into coin? 2k, 5k, 10k?
Looking to hold
I'm only buying BTC & ETH, what ratio should I buy? Thinking of 1:2
>>3057294
If you're only doing BTC/ETH then dump it all. People ITT will try to convince you to hop on [random shitcoin #32908230894], you'd be best advised to ignore them.
I'd suggest 3-4x ETH to BTC.
>>3057326
Thanx. Planning to ignore all the altcoins cos im only gonna hodl for long.
I know its unlikely, but lets say it fails, what is the chance the whole ETC thing just flops and I lose the 10k? Is getting a little bit of bitcoin even that profitable now or should I just dump everything into ETH
>>3057346
Unlikely.
ETH is an immature ecosystem which has a lot of changes in store. These changes carry risks. For its current value it has very little real-world application. Its network is more ambitious than bitcoin's though and more capable. But how useful and "revolutionary" it'll actually be has yet to be seen.
BTC has first-mover advantage and serves as a better store-of-value given its initial coin distribution, coin issuance model, and lack of central "foundation". It is used to exchange value in the real world but its blockchain lags in technical sophistication and adaptation.
For a long-term hold I would definitely pick up both.
For greater diversification you might consider BCC/ETC but you'll be fine with just BTC/ETH.
I'd hold 3-4 ETH for each BTC and an equal amount of BCC/ETC to BTC/ETH if you go that route for grater diversification.
More important than these choices though is:
IGNORE ALL SHITCOINS
DO NOT DAY TRADE
I see no 'bitcoin is gonna crash' thread today. Where's crashbro? Did he finally an hero?
>>3057274
bitcoin reaches 10000$ tomorrow screenshot cap this
Next moon mission?
What a shit logo
>>3057270
+1 judging crypto by its logo, absolute trash
>he fell for the alt coin meme
LMAOING @ YOUR LIFE
K.
>>3057306
wow 200
>>3057264
>tfw doubled my entire portfolio value in 48 hours
Yeah you reeeeally got it figured out OP
Deadcoin?
>>3057210
redd dedd redemption
deddcoin
>>3057210
*shitcoin
How do you justify Ripple?
Ripple is shit because it's the antithesis of bitcoin but it won't fail because of that - banks don't need it, they could use their own chain or smart contracts.
>>3057201
Wasted opportunity of virgin/chad exploitable
then no hope for this currency? This is totally opposite to
>>3057598
Anyone got their eye on DNT?
It has gone up significantly and it seems to be rising steady despite being on a lack of exchanges. Next week is Bianance and Bittrex is unannounced but should come soon. I can see this going up another 5 cents in a day, momentum is picking up.
>>3057180
Been holding all week. Waiting patiently.
where is DNT trading possible atm?
Ether Delta and Liqui
Sold 121 neo for 350k and waste it on e-sports gambling.
>sold 50 NEO at 290k to become a fiatmarine
Lost neo gains AND free Bitcoin Cash
Get on my level
Moon when? I'm really fucking tired of bagholding this trash. There is better money to be made elsewhere
Bitcoin and NEO are going for new ATH every day but this does fuckall. I'm literally losing money by holding it Should I just pull out everything and get it over with?!
We are the Waves marines
Wait for the new DEX in about two weeks
How many times are you going to post the same thread? if you want to short it do it. STOP WHINING. in a couple of weeks it will moon and then i'll laugh at your sorry ass
WHY
I put everything in there because it gained my trust after giving me nice gains and now I've sat here watching it dip way past the point where I thought I had bought the dip.
Normies buying and thus effectively pumping Bitcoin fucked everything up for me and I hope Bitcoin crashes and takes all their pensions and retirement funds away huhuhu ;_;
You think normies put their pensions and retirement funds in BitCoin?
>>3057190
The day this happens it will crash. That's one of the beauties of crypto. It is programmed to pop in the face of normies.
>>3057190
No, obviously not. Sorry I just said that out of rage.
Why is it crashing?
>>3057109
i'm hopeful it will shoot back up soon... but don't quote me on that
>>3057109
I think the word 'crash' is misunderstood by /biz/
Because most coins take a little while to gain traction you foolio
In under 6 hours SIGT will be added to Bittrex.
>>3057037
proof...thanks...
nope
>>3057037
>SIGT
pump and dump, dump being the key word