Crypto and Trading Thread

Im gonna invest 100 euro in IOTA. Currently trading at $3.24 USD per IOTA. The price fell overnight so potentially a good entrance point opening up. Its peak was $5.50.

It’s a slightly different coin in that it uses an evolved blockchain technology called the TANGLE and all coins are available from the outset. As there’s no mining, there’s no fees and transactions are near instant due to the use of the meshed blockchain.

We are in the middle of a monetary revolution.

Stuck €100 in Coinbase about 6 weeks ago 50:50 on Bitcoin and Ethereum. As of this morning the account was worth €206. The bitcoin had increased by 260% in that time with the ETH up 40%.

It’s clearly a bubble but the more publicity for the moment the more money chasing it.

Once it starts falling though …

Joe Kennedy knew the stock market crash in 1929 was on the way when the lad shining his shoes started giving him advice on which stocks to buy. He got the fuck out.
Seems like there are quite a few spit and polish merchants around. But this time it’s different…

This is like being around in Stone Age times just before gold had a value and walking around picking it up off the ground.

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And then some big cunt of a proto-roaster hopped a rock off your head and took your lumps of gold.

First chance to short for us bears.

Above $16,000 now. Where does this bubble burst?

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Could go to 100k by Easter

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Coinbase down. Cannot cope with demand.

20k by end of day.

Exponential returns

If you bought 1 Bitcoin last night and sold it 5 minutes ago, you just made $3500

:open_mouth:

Yeah but one bitcoin last night was 12k, no? A big outlay given something as wild west as this is.

Yeah but im sure some are jumping on even at this stage.

Not sure what id have done if I had picked up a few bitcoin in 2013 or so.

Dont think id have been able to resist temptation and sell out

this is phenomenal

I know somebody who bought them at 20 or 30. Sold them a few months later as he was not allowed trade them. He said if you believe that bitcoin is going to be default currency then each bitcoin is worth multiple millions as only 20m exist.

Reckoned but in every week or month with an amount you can afford to lose and enjoy the ride.

Over $19,000…

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hup utta that

its going to be a very merry christmas as chez tassotti, very merry indeed

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hold your nerve, we’ll hit 20

you’d want your head examined if you are not on this bus

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