Bitcoin exchange rate discussion

ivanlabrie · Dec 30, 2014

Real trading, you won't learn any from btc or altcoins.
You need a demo account with a forex broker if you were interested in learning.
I reccomend fxopen.com, you can fund it with btc and they offer a free demo acct, and meta trader 4 software, which is the standard. (I also have all the goodies you'd need to trade succesfully, heck, even automate it a bit)

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Real trading, you won't learn any from btc or altcoins.
You need a demo account with a forex broker if you were interested in learning.
I reccomend fxopen.com, you can fund it with btc and they offer a free demo acct, and meta trader 4 software, which is the standard. (I also have all the goodies you'd need to trade succesfully, heck, even automate it a bit)

EarthDog · Dec 31, 2014

Ivan... Why are all your posts double posts/dupes?

Silver_Pharaoh · Dec 31, 2014

EarthDog said:
Ivan... Why are all your posts double posts/dupes?

Something to do with his internet and the new forum upgrade IIRC

Oklahoma Wolf · Dec 31, 2014

ivanlabrie said:
Real trading, you won't learn any from btc or altcoins.
You need a demo account with a forex broker if you were interested in learning.

I'll get to that point eventually. It always was my plan to get into the stock market around this point in my life. I don't think I'm comfortable enough yet to start now though.

Right now, I'm just seeing if I can replenish my XMR holdings entirely through trading. Didn't do as well as I could have over the last few days, but I'm up. That's something, I guess.

Janus67 · Dec 31, 2014

With the prices being where they are, I decided to sell off a little over 2 BTC and hold onto about 1.5, figured I may as well cash out a little bit to back-pay for some of the power bills and such.

ivanlabrie · Dec 31, 2014

Well, it'll continue to go down...there's no kind of buy support from strong players anymore. I'd sell everything and stay in cash.
Sorry for my double posts, haven't figured that out, been really busy and stressed and I have my pc in a somewhat functional Debian install, which I'm not 100% comfortable with.
Hope everyone has a great new year btw, cheers!

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Well, it'll continue to go down...there's no kind of buy support from strong players anymore. I'd sell everything and stay in cash.
Sorry for my double posts, haven't figured that out, been really busy and stressed and I have my pc in a somewhat functional Debian install, which I'm not 100% comfortable with.
Hope everyone has a great new year btw, cheers!

Janus67 · Dec 31, 2014

which internet browser are you using Ivan? Tried firefox/chrome/etc?

torin3 · Jan 4, 2015

Sitting below $270 now.

Silver_Pharaoh · Jan 4, 2015

Ugghh.

I was thinking of mining for 2 weeks straight to hold some coin, but this is discouraging.

ivanlabrie · Jan 4, 2015

Using debian here, with chromium...

https://www.tradingview.com/v/2peGxVcR/ - https://www.tradingview.com/v/IhW9jms6/

See the charts guys, hit play...read the explanations.
Don't spend $ on btc or any alt right now.

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Using debian here, with chromium...

https://www.tradingview.com/v/2peGxVcR/ - https://www.tradingview.com/v/IhW9jms6/

See the charts guys, hit play...read the explanations.
Don't spend $ on btc or any alt right now.

ivanlabrie · Jan 4, 2015

https://www.tradingview.com/x/0pSV56ib/ - Took even less than I expected.

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https://www.tradingview.com/x/0pSV56ib/ - Took even less than I expected.

neilmckee5 · Jan 14, 2015

Is today the beginning of the end?? Some serious money being lost today, is there anything major behind it or do you think it may be a combination of factors and people have decided it is the time to get out?

H

klear · Jan 14, 2015

I feel like if I was going to sell, I should've done it a while ago, might as well keep holding on... right?

Janus67 · Jan 14, 2015

I still have about 1.5btc to my name to hold onto just in case something monstrous happens. I don't have my hopes up, but oh well.

Oklahoma Wolf · Jan 14, 2015

klear said:
I feel like if I was going to sell, I should've done it a while ago, might as well keep holding on... right?

That's my logic, too. Not selling a thing while the price is this low. Instead, I'm going to keep mining and trading just in case it ever turns around. If it doesn't, I'll have lost nothing as long as my power's free.

metloaf · Jan 14, 2015

As I post this it's at $182 USD. I feel bad for a buddy of mine who invested in this heavily a while back. I think at the time it was over $400+

https://bitcoinwisdom.com/

Acuradude · Jan 14, 2015

OK Wolf buddy im gonna send you all of my 280x's and have you mine for me lol and we split the coin hows that sound lol

also where are yall mining at i was on tmb until they shut down and then i just completely stopped

Oklahoma Wolf · Jan 14, 2015

Acuradude said:
OK Wolf buddy im gonna send you all of my 280x's and have you mine for me lol and we split the coin hows that sound lol

Sounds like a good way for my free power to suddenly end when someone sees how much more of it I need

I'm all set to add another 20A 115V circuit when needed, but I'm officially done buying hardware until things turn around. I may never buy hardware again, especially if I can make some real headway trading.

Acuradude · Jan 14, 2015

if shipping wasnt so expensive to you id send them all up there and hope that the mining would pay for the shipping costs lol

ivanlabrie · Jan 14, 2015

The reasoning is BTC can function at any price, mining inflation doesn't change, yet nothing new came out to change people's perception of BTC.
Once the mining is banished, then price can start to revover, but there is really no fundamental basis behind that assumption.

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The reasoning is BTC can function at any price, mining inflation doesn't change, yet nothing new came out to change people's perception of BTC.
Once the mining is banished, then price can start to revover, but there is really no fundamental basis behind that assumption.

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