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Cryptocurrency Traders Club - Page 16

Poll Results: How do you feel about crypto currencies in general (not any specific coin)?

 
  • 31% (20)
    This is the future of financial transactions and will replace current systems in 5-10 years!
  • 35% (23)
    It's an evolutionary step, but without regulation and standardization will likely be replaced eventually.
  • 20% (13)
    It's likely to go strong for a few years, but long-term will simply be viewed as a fad.
  • 12% (8)
    It's a ridiculous ponzi-scheme, and it could all collapse entirely any second now!
64 Total Votes  
post #151 of 319
Thread Starter 
Quote:
Originally Posted by ccRicers View Post

My reaction when I withdraw LTC from Ghash.io for the first time, to a different exchange when I realize my coins were already on CEX.io by default

I've had similar... one of the times I thought I was withdrawing to my wallet and I kept refreshing and checking and the transaction showed done, but no BTC appeared in my wallet.

Cold sweat and confusion... then I realized I'd accidentally just transferred it to a different exchange by accident.

doh.gif

Some recent trades... not bad getting 100%+ twice in one week. biggrin.gif


Also where some of my profits are getting diversified... MINT... Don't really know if it will take off big or not, but I'm sure it will be back at 20 sat before too long - and I'll be ready. smile.gif
Edited by DiGiCiDAL - 3/18/14 at 4:37pm
post #152 of 319
Quote:
Originally Posted by DiGiCiDAL View Post

I've had similar... one of the times I thought I was withdrawing to my wallet and I kept refreshing and checking and the transaction showed done, but no BTC appeared in my wallet.

Cold sweat and confusion... then I realized I'd accidentally just transferred it to a different exchange by accident.

doh.gif

Some recent trades... not bad getting 100%+ twice in one week. biggrin.gif


Also where some of my profits are getting diversified... MINT... Don't really know if it will take off big or not, but I'm sure it will be back at 20 sat before too long - and I'll be ready. smile.gif

No biggie for me, I still sold my LTC at a nice rate of 0.032. I see you're using BTER, had no problems with it so far? I felt it was not quick enough for those hectic trading times. But I like giving the newer exchanges a try. I went with Mintpal for AUR, UTC and BC. Speaking of BC looks like it's headed back to 4000 so I can finally sell off soon!
post #153 of 319
OMG!!! BC to the moon!!!
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post #154 of 319
Thread Starter 
Quote:
Originally Posted by ccRicers View Post

No biggie for me, I still sold my LTC at a nice rate of 0.032. I see you're using BTER, had no problems with it so far? I felt it was not quick enough for those hectic trading times. But I like giving the newer exchanges a try. I went with Mintpal for AUR, UTC and BC. Speaking of BC looks like it's headed back to 4000 so I can finally sell off soon!

I trade on BTC-e, Mintpal, Allcrypt, and BTER - often for the same coins across each. I like to diversify exchanges as well as holdings when I have an appreciable amount sitting on other people's servers. And no, the biggest problem I've had on BTER was waiting nearly 2 hours for a BTC deposit to clear... however that was during the Mt. Gox fiasco and the transaction load for BTC was absolutely ridiculous on that day. In general, I try to have no more than 2-3BTC worth of anything on a single exchange (I feel the same way with banks and fiat incidentally)... just in case one or more is down for an extended period of time.

The thing with BTER is volume... they don't have that much of it. So trades generally will take longer to fill. However, the upside to that is that they are far less 'elastic' than cryptsy (which I will never trade on again BTW). Although volume is helpful in trying to catch the extreme extended sides of a trade, and virtually guarantees quick executions - if you aren't the first to hear of something, then you're likely too late to act upon that info. With BC for example, I can often watch moves on Mintpal and still trade well beyond them on BTER for up to 5 minutes.

Specifically, when Radiostatic was melting down on IRC over BCMultipool's success/stress, Mintpal price had already plummeted nearly 600 sats (3600)... while on BTER I was still able to sell above the previous high @ ~4100 - and then when things had bottomed at Mintpal and my bids were lost in the book... I was still buying back in at 3000 on BTER. biggrin.gif (That's the other advantage of low volume.. huge volatility as a few BTC can move the smaller markets by 10-20% often).
post #155 of 319
BC is on the move again, trying real hard to hit 4000 right now. It's too bad I feel like I'm priced out of buying. I've got all my buys set low and I think it's just too risky to buy in at this price. I do however think BC will hit 5000, maybe not in the too distant future.
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post #156 of 319
Quote:
Originally Posted by Roulette Run View Post

BC is on the move again, trying real hard to hit 4000 right now. It's too bad I feel like I'm priced out of buying. I've got all my buys set low and I think it's just too risky to buy in at this price. I do however think BC will hit 5000, maybe not in the too distant future.

Anyone mining on the BC beta pool this weekend?

You can get access to it here: http://pastebin.com/PnqZj6D8
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post #157 of 319
Just bought .1 BTC through Coinbase.

Need to increase my fun budget tongue.gif
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post #158 of 319
Quote:
Originally Posted by Roulette Run View Post

BC is on the move again, trying real hard to hit 4000 right now. It's too bad I feel like I'm priced out of buying. I've got all my buys set low and I think it's just too risky to buy in at this price. I do however think BC will hit 5000, maybe not in the too distant future.

and its past
http://bter.com/trade/bc_btc
Edited by kevinf - 3/22/14 at 5:45pm
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post #159 of 319
It looks like AllCrypt got hacked yesterday and a few people lost some coins, one person lost a whole bunch of coins. It's been down since last night for them to figure out how the hacker got access to people's accounts. They've also found that the people who were using the provided account security measures had no problems, it was only with people who had only password protected accounts.

https://www.allcrypt.com/blog/
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post #160 of 319
Quote:
Originally Posted by kevinf View Post

and its past
http://bter.com/trade/bc_btc

I can't believe it, I'm looking at BC on MintPal right now at 4645, BC is the gift that keeps on giving. I keep thinking that surely there's going to be some profit taking along with an associated slide in price (that I wanted to take advantage of), but this thing went above 4k and has lived there almost all day. It sure would be nice to have about 50k BC right about now, that would be heaven.
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