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Showing 11 of 11 results by ISYOUSERIOUS
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Board Bitcoin Discussion
Re: Bitcoin's impact on Alt coins
by
ISYOUSERIOUS
on 02/12/2017, 18:39:02 UTC
I also bought some Bitcoin Cash at different levels. I bought some at $800 and some at $1400. At the time .22000000 satoshis was valued at around $1600. It is really misleading to gauge where I am at. At .13000000 satoshis Bitcoin Cash looks like it dropped by 50% but it is still worth $1400 at .13000000 satoshis. It just makes it hard to day trade. I cant just focus on accumulating satoshis, the price fluctuation distorts the math. Volatility is our friend and nemesis?
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Topic
Board Bitcoin Discussion
Re: Bitcoin's impact on Alt coins
by
ISYOUSERIOUS
on 02/12/2017, 18:12:52 UTC
In addition, let's say I purchased GRS at 7000 satoshis 3 weeks ago and am looking to play the dips and make more by trading. In my head I am waiting for a significant increase in price before selling. If I monitor it everyday and rarely see it above 7000 I might think the price fluctuation is stagnant. Meanwhile the price of 7000 satoshis might have went from .50 cents to .75 cents. It would be misleading to look at my order history to what price I paid in order to gauge where to set my next sell order. The value of a satoshi hinges upon Bitcoin. Conversely, if the value of a satoshi goes way down and I review my order history to see where I purchased, I may THINK I can sell at a profit but I may be taking a loss. If I purchased at .50 cents or 7000 satoshis and it is now selling for 14000 satoshis but the value of 14,000 is only .45 cents I am losing. If this sounds confusing to anyone I apologize, I find it confusing myself which is why I am reaching out for clarification, if there is any.
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Topic
Board Bitcoin Discussion
Bitcoin's impact on Alt coins
by
ISYOUSERIOUS
on 02/12/2017, 17:59:00 UTC
I purchased several thousand shares of Groestlcoin when it was around .50 cents per share. At the time that was equivalent to approximately 7000 satoshis. At this moment Groestlcoin is at .75 cents per share yet still at 7000 satoshis due to the price increase of Bitcoin? I see many people hoping that Bitcoin fails so that the Alt coins can surge in price. If Bitcoin were to burst I see the opposite affect happening unless someone can enlighten me, I only have a few months experience with cryptos. Here I am thinking my money is safe because I don't own Bitcoin but if Bitcoin bursts and 7000 satoshis is then worth .5 cents that is a tremendous loss. Groestlcoin hit a high of $1.57 at around 20,000 satoshis. 20,000 satoshis is now worth over $2.25. Can anyone explain this to me. Is my assertion correct that Bitcoin has a direct impact and that all altcoins will suffer greatly if/WHEN it bursts?
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Topic
Board Announcements (Altcoins)
Re: [ANN][GRS] Groestlcoin | Segwit activated | Adding Segwit to all our platforms
by
ISYOUSERIOUS
on 04/11/2017, 16:28:51 UTC
Sounds like the AMA went very well thus the increase in price. It had recently stabilized and appeared ready to ascend prior to that but I think it created some added momentum. I am making some moves to free up more money to invest.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRS] Groestlcoin | Segwit activated | Adding Segwit to all our platforms
by
ISYOUSERIOUS
on 04/11/2017, 03:05:55 UTC
My "bag" is getting awful heavy again. I am happy I stayed with this coin. All in.
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Topic
Board Announcements (Altcoins)
Re: | STRATIS | The first blockchain developed for businesses |Full POS
by
ISYOUSERIOUS
on 03/11/2017, 17:15:03 UTC
From what I see the price doubled from 10/21 to 10/25 and then dropped off sharply. It appears to be ascending slowly now. Hopefully it will begin to gain some momentum.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRS] Groestlcoin | Segwit activated | Adding Segwit to all our platforms
by
ISYOUSERIOUS
on 03/11/2017, 02:31:02 UTC
I am all in with this. I'm going to continue to accumulate as much as I can at this price. It will be interesting to see how it plays out. I'm also buying a bunch of Stratis. It seems like it began going back up around 4pm EST. Bargain prices if it all works out.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRS] Groestlcoin | Segwit activated | Adding Segwit to all our platforms
by
ISYOUSERIOUS
on 01/11/2017, 13:04:32 UTC
I have some money now to throw at these coins. Debating on if/when to jump back in? Currently $1.06
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Topic
Board Announcements (Altcoins)
Re: | STRATIS | The first blockchain developed for businesses |Full POS
by
ISYOUSERIOUS
on 31/10/2017, 23:58:46 UTC
I want to take advantage of the current price. The only way I can do that today is to sell all of my Litecoin. Trying not to be impulsive but this is a great opportunity. If Litecoin approaches $60 again tomorrow it's gone. Ill buy it back next week when it drops again. Litecoin has been fairly steady.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRS] Groestlcoin | Segwit activated | Adding Segwit to all our platforms
by
ISYOUSERIOUS
on 31/10/2017, 22:11:09 UTC
I jumped out at $.40 a couple days ago and made some money. I obviously regret that now. I don't think I am the only one who is surprised at how rapid/sudden it has ascended. I am wondering when is a good time to buy back in now? I am relatively new but I noticed this coin took off over the summer and then laid dormant for a bit. When and how much? Tough decision.
Post
Topic
Board Announcements (Altcoins)
Re: | STRATIS | The first blockchain developed for businesses |Full POS
by
ISYOUSERIOUS
on 31/10/2017, 20:57:15 UTC
I have about $1500 worth of Litecoin. I bought it around the $50 mark. I am trying to decide if its worth it to dump it all and invest in Stratis while it is this low. I currently have 100 shares of Stratis and want more. All of my money is tied up until next Wednesday. I already regret jumping off the Groestlcoin train at $.40 a couple days ago. Any advice?