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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1473

post #14721 of 22509
What is SATS?
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post #14722 of 22509
Quote:
Originally Posted by incog View Post

all right, let's hope you're right! I'm going to set up an order at 8000 sats I guess, I'll see how things go from there. thanks thanks

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett

Translated - Sell when folk get greedy, buy when folk panic sell

It's your money and you're entitled to do with it as you please but hedge your bets, these whales doing the pumping and dumping feed on the greed and fear of others thinking these coins will go to the moon once a pump starts, I'd advise setting 50% around the 5k mark, another 25% abit higher and 15% at 10k and keep the other 10% to see what the future holds for the coin/

This is what I'm doing as I'll be happy even if I sell my 50% at 5k and still come out with a nice profit even if I'm stuck with the rest
Quote:
Originally Posted by Rage19420 View Post

What is SATS?

Satoshi's as in the creator of bitcoin they're the 0.0000's
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post #14723 of 22509
Quote:
Originally Posted by blkdoutgsxr View Post

Quote:
Originally Posted by incog View Post

all right, let's hope you're right! I'm going to set up an order at 8000 sats I guess, I'll see how things go from there. thanks thanks

Just keep in mind that markets do not always act as you would think they should... Doge was 'in for a huge pump' when the block rewards halved, but we all know how that turned out. Some people did see that coming, but most thought the opposite would happen and price would shoot up. I have a bunch of BC, so I hope it skyrockets; but It is a gamble still.

Funnily enough, that's what I was just thinking.

You know, isn't this how the stock market works? We're betting on a coin's value rising and if it does, profit! But if it doesn't, loss.

If traders are doing the same thing on the stock market with actual money, then aren't they taking HUGE risks? I mean, I do it for laughs, I just bet €5 on BC rising (0.016 BTC). But if traders are doing it with millions of $, I'm starting to think that it's kind of stupid to risk money like that. It's impossible to know where value will go, you can take an educated guess but that's it.

Food for thought, this crypto-stuff.
post #14724 of 22509
aka, buy PTS now.

rofl
post #14725 of 22509
RabbitCoin is going to blow up today... So that's a thing.
post #14726 of 22509
Quote:
Originally Posted by blkdoutgsxr View Post

RabbitCoin is going to blow up today... So that's a thing.

Good luck hopping over that 100mil wall at 3 sats tongue.gif
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post #14727 of 22509
Quote:
Originally Posted by Minusorange View Post

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
― Warren Buffett

Translated - Sell when folk get greedy, buy when folk panic sell

Unfortunately, with BlackCoin, I failed to heed his advice exactly, but maybe it will still bounce once mining ends here in few hours. Either way, lesson learned. rolleyes.gif

At current rates, my calculations show about 5 hours of mining BlackCoin left.
Edited by Roulette Run - 3/1/14 at 7:01am
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post #14728 of 22509
Quote:
Originally Posted by Roulette Run View Post

Unfortunately, with BlackCoin, I failed to heed his advice exactly, but maybe it will still bounce once mining ends here in few hours. Either way, lesson learned. rolleyes.gif

What ???? You sold yourself short and got out ?
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post #14729 of 22509
Quote:
Originally Posted by Minusorange View Post

Good luck hopping over that 100mil wall at 3 sats tongue.gif

Funny you mention that wall... Want to see it come down?
post #14730 of 22509
Quote:
Originally Posted by blkdoutgsxr View Post

Funny you mention that wall... Want to see it come down?

lol I would but I'm too busy watching BC, I notice there's about another 500mil 3sat combined from various orders on rabbits other exchange too
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