Crypto $$$ - Page 8

Outbackjack · 28-12-2017, 01:46 PM

It would also be fair to say that the stock market is a bubble waiting to happen. That bubble has burst more than once and done massive damage along the way.

Lunch · 28-12-2017, 02:47 PM

I gave up smoking about 4 years ago, at the current price ( I know because people I work with still smoke ) I estimate that it saves me approximately $150 per week, add ive been a non drinker for 8 years to that and that’s how I justified spending a couple $ on a chance to double it, worst case scenario is I lose it, better than worst case scenario from smoking ... that being said I’d much prefer positive results

Outbackjack · 29-12-2017, 10:58 AM

More blackness.... I wonder what December 2018 will bring.

**PHATAL** · 29-12-2017, 01:55 PM

$1.82...

Old mate above that put in $10k at $0.30 or whatever it was must be loving life right now.

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Lunch · 29-12-2017, 02:00 PM

Yeah getting in close to $1 is nothing compared to .26, x 4 every $1 would be nice

Outbackjack · 29-12-2017, 02:12 PM

Quote:

Originally Posted by PHATAL

$1.82...

Old mate above that put in $10k at $0.30 or whatever it was must be loving life right now.

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Pushing a 75K win at the moment....

**PHATAL** · 29-12-2017, 02:17 PM

Quote:

Originally Posted by Outbackjack

Pushing a 75K win at the moment....

Noice!!!

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**PHATAL** · 29-12-2017, 02:01 PM

Make that $1.83..

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Outbackjack · 29-12-2017, 02:10 PM

I think that the recent announcement by the Sth Korean Guv may be helping Ripple along. It seems that the Guv there are cracking down on anonymous accounts on exchanges. Also threatening to close some down.

Outbackjack · 29-12-2017, 02:38 PM

https://www.youtube.com/watch?v=Ga1AShuZ0S4

Iggle Piggle · 29-12-2017, 02:45 PM

$1.95 - will it go down or up when the Koreans wake up (or are they up and driving this)?

Outbackjack · 29-12-2017, 03:03 PM

Quote:

Originally Posted by Iggle Piggle

$1.95 - will it go down or up when the Koreans wake up (or are they up and driving this)?

I honestly dont know. I'm trying to find out whats happening. I have heard there was something about ripple on the box last night. Didnt see it myself and cant confirm it. But I guess its possible...

**PHATAL** · 29-12-2017, 02:46 PM

Crazy. Lets see if it pushes $2

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Outbackjack · 29-12-2017, 04:44 PM

First sell orders for $AU2.0 have appeared. And disappeared....

Lunch · 29-12-2017, 08:31 PM

Just watched it tick into $2.00

Outbackjack · 29-12-2017, 08:35 PM

Quote:

Originally Posted by Lunch

Just watched it tick into $2.00

It took a while hey!! Dancing around 1.99 all afternoon. Thats another mental barrier crossed....

**PHATAL** · 29-12-2017, 08:54 PM

Just checked and it was $2.14!

Went straight back down though.

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Outbackjack · 29-12-2017, 08:59 PM

Perhaps $5 by Easter is not such a dream....

**PHATAL** · 29-12-2017, 09:01 PM

Quote:

Originally Posted by Outbackjack

Perhaps $5 by Easter is not such a dream....

If it does you should have enough to retire...

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Iggle Piggle · 29-12-2017, 09:06 PM

Might have got in late, but looks like me and Phatal still got in in time.

**PHATAL** · 29-12-2017, 09:15 PM

Quote:

Originally Posted by Iggle Piggle

Might have got in late, but looks like me and Phatal still got in in time.

Yeah I literally just got my letter for verification from my post box just then. I lost about three or four days just on that before I setup another account which verified straight away. If I could have grabbed it when I wanted to at $0.99 I would be heaps happier. Even still though if it keeps going like this then happy days.

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marty351 · 29-12-2017, 10:11 PM

I hate to say it, but I see a repeat of 1929 again.
What happens when too many abandon ship??

Iggle Piggle · 29-12-2017, 10:25 PM

Quote:

Originally Posted by marty351

I hate to say it, but I see a repeat of 1929 again.
What happens when too many abandon ship??

Doubt it will reach 1929, but is up 31% today to $2.40

Guess this is where I am meant to sell half to cover my initial investment so I can't lose if/when it all turns to crap. Didn't expect to more than double my money in 1.5 weeks, it's come too soon.

EDIT: Literally Nek Minit it is $2.49 @ 33.33% increase. Is this purely speculation or possible insider trading by staff from the mooted 2 household names that are not FIs?

EDIT2: So just sold enough at $2.50 to cover my initial outlay. Immediately after it is down into $2.2X territory - I haven't withdrawn my cash from the exchange and am tempted to buy back in again to increase my holding a little, but then I think about why I sold (to ensure I can't lose). WTF happened to checking in monthly and holding for a year?

ford71V8 · 29-12-2017, 10:48 PM

Quote:

Originally Posted by Iggle Piggle

Doubt it will reach 1929, but is up 31% today to $2.40

Guess this is where I am meant to sell half to cover my initial investment so I can't lose if/when it all turns to crap. Didn't expect to more than double my money in 1.5 weeks, it's come too soon.

EDIT: Literally Nek Minit it is $2.49 @ 33.33% increase. Is this purely speculation or possible insider trading by staff from the mooted 2 household names that are not FIs?

EDIT2: So just sold enough at $2.50 to cover my initial outlay. Immediately after it is down into $2.2X territory - I haven't withdrawn my cash from the exchange and am tempted to buy back in again to increase my holding a little, but then I think about why I sold (to ensure I can't lose). WTF happened to checking in monthly and holding for a year?

Other than me not selling to cover the initial outlay (which was the plan), your post are my thoughts

especially the last bit

**GO FURTHER** · 29-12-2017, 10:55 PM

Quote:

Originally Posted by Iggle Piggle

EDIT2: So just sold enough at $2.50 to cover my initial outlay. Immediately after it is down into $2.2X territory - I haven't withdrawn my cash from the exchange and am tempted to buy back in again to increase my holding a little, but then I think about why I sold (to ensure I can't lose). WTF happened to checking in monthly and holding for a year?

This is where you need to be careful, as investing in crypto can become addictive gambling rather than cautious investing.

Remember, that there are millions of small crypto investors like you, thinking along the same strategy.... When everyone starts selling to recoup their initial investment, that's when the house of cards tumbles.

Iggle Piggle · 29-12-2017, 10:52 PM

Funnily enough your thoughts echo mine too - bought back in at $2.32 as figure I only put in what I was willing to lose, and had planned to let it ride for the long term. Got away with it and actually increased my holding a little, so consider myself lucky and plan on just letting it sit and not pushing that luck.

ford71V8 · 29-12-2017, 11:04 PM

^^ Yep agree with that.

The tricky bit is .."see if it gets to 200% or even 300%" or maybe then hang out for 500%, meanwhile the ride is over while you wonder

Lunch · 29-12-2017, 11:08 PM

Very true, risk vs greed, fine line

Iggle Piggle · 29-12-2017, 11:16 PM

Yep, as soon as I sold that bit I didn't like the fact I was no longer holding as many, and reminded myself that I had only put in what I could afford to drop...so put it back in again and plan on sticking fat for the long run as I had originally planned. Very lucky not to have missed a spike or otherwise reduced my holding.

I really gotta stop watching the price charts...but it is so damn interesting!

Shutting the laptop and going back to We Were Soldiers on SBS.

Outbackjack · 29-12-2017, 11:22 PM

Its really difficult to predict what ripple might or might not do. Its fundamentally different to all other crypto's. Remember that its primary purpose is to be utilized by the worlds banks/financial institutions etc. The more of those that sign up to it the more likely it will remain a solid investment. I guess my attitude toward the risk it very lax. I have already pulled my initial deposit out. I am in no hurry to cash out. Not while the Guv would take almost half in tax.