I've moved all my BTC into one shitcoin on cryptopia. This

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Anonymous
2017-07-16 04:32:42 Post No. 2799092
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Anonymous 2017-07-16 04:32:42 Post No. 2799092 [Report]

I've moved all my BTC into one shitcoin on cryptopia. This way I will still have the same amount of sats even if BTC crashes. Good idea?

Anonymous 2017-07-16 04:38:34 Post No.2799127
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Anonymous 2017-07-16 04:38:34 Post No.2799127 [Report]

Terrible idea. What if the shitcoin gets dumped?

Anonymous 2017-07-16 04:38:54 Post No.2799129
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Anonymous 2017-07-16 04:38:54 Post No.2799129 [Report]

>>2799092
um....you would have the same amount of sats if you held bitcoin. if the coin maintains a relative price to bitcoin as bitcoin crashes, its value drops too...there is also the liquidity problem if you cant even get your coin out again

Anonymous 2017-07-16 04:40:21 Post No.2799140
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Anonymous 2017-07-16 04:40:21 Post No.2799140 [Report]

>>2799092
You would have the same amount of sats if BTC crashes anyways. If this coin is tied to BTC, it's going to crash. If you need to hedge then just use USDT.

Anonymous 2017-07-16 04:44:01 Post No.2799161
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Anonymous 2017-07-16 04:44:01 Post No.2799161 [Report]

biz never fails to amaze me

Anonymous 2017-07-16 04:45:31 Post No.2799177
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Anonymous 2017-07-16 04:45:31 Post No.2799177 [Report]

I think this coins gonna get pumped hard because more people like me are gonna look for a safe haven to store their sats in.

Anonymous 2017-07-16 04:57:32 Post No.2799276
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Anonymous 2017-07-16 04:57:32 Post No.2799276 [Report]

>>2799177
shut up retard

do you know what usdt is?

Buy USDT now

Sell USDT & buy ETH when ETH hits $80-$90

Anonymous 2017-07-16 05:00:59 Post No.2799314
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Anonymous 2017-07-16 05:00:59 Post No.2799314 [Report]

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>>2799276
Sorry not gonna be part of you're pump and dump

Anonymous 2017-07-16 05:05:43 Post No.2799346
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Anonymous 2017-07-16 05:05:43 Post No.2799346 [Report]

>>2799314
USDT is designed to mirror the US dollar.

therefore it will always stay within a few cents of 1 US Dollar. Its literally the opposite of a P&D because its designed to stay at exactly a dollar

Anonymous 2017-07-16 05:08:39 Post No.2799365
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Anonymous 2017-07-16 05:08:39 Post No.2799365 [Report]

>>2799346
dont respond to retarded bait
If its real just let OP lose his money to his zero volume coin

Anonymous 2017-07-16 05:09:21 Post No.2799372
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Anonymous 2017-07-16 05:09:21 Post No.2799372 [Report]

>>2799346
Ssssshhhh don't tell them.

Anonymous 2017-07-16 05:09:26 Post No.2799373
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Anonymous 2017-07-16 05:09:26 Post No.2799373 [Report]

>>2799346
Same can be said about NuBit. Which was proven Ponzi scheme. I will never touch the tether. I have taken shelter inside a certain underground crypto with just enough volume to cover my ass. Can't think of a better idea

Anonymous 2017-07-16 05:13:06 Post No.2799397
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Anonymous 2017-07-16 05:13:06 Post No.2799397 [Report]

>>2799373
I'm not dealing with enough volume to have to worry about serious risk.

I only sold about 5 ETH into USDT.

The rest i withdrew on coinbase into fiat

Anonymous 2017-07-16 05:15:48 Post No.2799408
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Anonymous 2017-07-16 05:15:48 Post No.2799408 [Report]

Haha I sold my BTC last week at $2885.00 I'll buy back at $900.00 in 4 days..

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/