Are people still expecting a deeper correction by January? Looks like bitcion is already behaving at 14k to 16k area. Let the alts bull run starts?
So it looks like crypto is dead then, the market seems to be deciding that a non crypto, centralised , distributed ledger is preferable to crypto currency or even smart contracts.
What I want to know is where are all the bankers declaring that ripple is a bubble and will crash and burn?
Good point
Bankers don’t know what Ripple is. None of them use it.
so the Bankster coin talk is simply FUD from BTC shills?
Yes. The banks have experimented with Ripple, but absolutely ZERO of them are interested at this particular moment in using it. There was a great article about just this fact a few days ago.
The banks are interested with Ripple technology and they will just copy it or maybe use it but I doubt they are willing to use XRP tokens.
Where is my full member status? I have 120+ activity. Do we need a certain merit now too?
This is not the right thread for you. If only demerit is available.
So Bitcoin will go straight up to 12k or 15k something? Will there be possible early bull exhaustion or what? I need money badly early this year for my new house and car.
Simple solution. Take, say, 10% of your "new" profit on the way up.
Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.
Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.
That's what JayJaunGee told me he does, and that's indeed a very powerful strategy. I got almost 7x, and if I had taken 10% out I would be much more relaxed now.
This strategy allows you to become rich and protect you from becoming poor lol
Provides some insurance without gambling too much of your stash.
You can find an amount that works for you, including a similar ratio that is cashing out 1% for every 10% the price goes up.
Of course, if you might become less nervous as you are able to have bitcoins and cash stacked up, and accordingly, you might later begin to attempt to wait for BIGGER ranges.
Some folks suggest that you might not want to cash out any BTC until it reaches at least a certain point, such as 2x or 5x, but in the end, it is good to tailor your own thinking and comfort level on the topic.
I structured some of my initial ideas around rpietila's simple sane savings discussion in this thread. Ironic, perhaps, that he would be a "sane" recommender... hahahahahahttps://bitcointalk.org/index.php?topic=345065.0I found much of what he said fascinating..when he wasn't frying balls. Later..not so much. Here Jjg..some light reading for in between candle watching..
http://consc.net/event/reef/huntkicking.pdfIf only I read this and realized the risks earlier. I continued to hodl nearly all my bitcoins and alts. And now it seems I need a job in 2019.
Do you people think NASDAQ will still list bitcoin?
It seems to me that bitcoin will only rise when most people believe it's going down and shorts are more than longs. This way market makers earn more.