Originally Posted by incog
Yeah I'm not too afraid of whales. Whales can make profit off people who panic sell and don't know how the market works. Not that I do, but at least I understand the gist of it.Warning: Spoiler! (Click to show)
I'm looking into Karmacoin at the moment myself. I think the coin has potential. I could be wrong. I would invest into BC but I'm flat out broke at the moment. I have a rule where I don't allow myself to risk more than half my BTC at a given time. So far, my only successful trade:
I'm curious to see how far I can get with just my 7970 and some trading. I haven't invested a single cent in mining; I see this as a fun hobby.
Added... nice trades!
Originally Posted by istudy92
Well such factors play into why the trade occur, although speculation is a partial reason for trade. Some important information such as having a hype meter helps in the trade.
Great publicity with jamacian team.
Doge is dead on my books, it has nothing going for them unless they spend another 40 grand for publicity, hence kitteh may be the new jump for the sole reason that it has a marketing team working on it as we speak. not a spectacular jump, but something of 11--> 100+ could happen 1000% increase is nothing, just waitting to trade
unless this is off topic on trading.
I don't see how price speculation of a crypto currency could possibly be more on topic
Just because it's not a current trade doesn't mean it's off-topic... also I tend to not be much of a stickler for that anyhow... unless it's a 80-post string on how your pet is too cute to be believed... it's possibly interesting to someone. I don't think DOGE is 'dead' however, I do think the downtrend will likely continue until at least the 100 sat level. But there's simply too much holding of it and use as a tipping currency, plus some nominal spending and investment opportunities (a few online shops, two ATMs that I know of, etc.)
However, I agree that the 50-60% moves in either direction
are likely finished for the foreseeable future.
Originally Posted by Roulette Run
To everybody that voted to help us get Nutcoin onto Allcrypt.com, we thank your!!!
Sweet. Now once ZEIT is listed on MintPal... I'll go back to voting for NUT on there as well.
I've got a little too much 'actual work' to get done at the office tonight to do the write up... but I'm going to post a little tutorial (with very tiny numbers - unlike istudy92's DOGE spread
) on offline trading I've been doing in BC... essentially a tutorial on 'catching a falling knife' but just using standard buy-sell positions while I sleep... might help people with very small holdings to see that there's still profits to be made even in a commodity like DOGE or BC that seem caught in a permanent downtrend, but still have some volatility.
If things go well, I'll throw it up in an few hours, if not then tomorrow (the last 2 days of work have not been kind to me).Edited by DiGiCiDAL - 3/4/14 at 11:37pm