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Hey guys,

Just take a look at these two charts
https://i.imgur.com/EEjijYl.png

Is it just me or do they look extremely similar? Infact, Ripple is a great coin and has a promising future..
I'm quiet new to cryptocurrency but I believe that bitcoin is not going to be #1 forever just because..
It's just a discussion let me know what do you guys think..

Dear Crypto community,

I don't usually take the time to make posts like this but the recent BTC rally has made me think through certain aspects of cryptocurrency which I would like to discuss with the rest of the community.

We are all very excited about our amazing gains and sick BTC profits, yet something does not feel right to me (anymore). While enjoying my BTC profits, I couldn't help but notice that the few alts that I still held (mostly because I truly believe/support the projects) got completely wrecked. A 7% BTC increase overnight made for a drop in alts between 25% and 50%, breaking major support lines across the board. Big players dumped their remaining positions, setting in motion a snowball of stop losses and what not. This quickly results in small BTC gains (%-wise) being offset by major losses in altcoins. This took me, and without a doubt many others, completely off guard (meaning, I never thought the altcoin losses would be this big).

It has come to my attention that people have and are losing faith in altcoins all together, and I don't blame them. Most altcoin purchases made with BTC in the last couple of months have been nothing but a bad investment unless you traded them for more BTC shortly after. Even if your altcoin is still up in dollar value, you're still faced with a massive loss of potential profits in BTC. I can't even imagine how people feel who bought real life stuff with BTC, they basically overpaid their products massively. This makes me question if BTC will ever be able to function as a real world currency. People like to address this issue with pointing out that it will get less volatile when the market matures but I feel once we ever reach that point, every BTC pair out there will have been killed off completely. On top of that, Crypto is creating a market of traders and, people who ever thought of investing in anything else than btc, quickly find themselves becoming traders because the volatility can literally cut your investment in half overnight.
Everything is hyped and whenever good news is released, shit is massively dumped shortly after (typical trader mentality..)

So my questions to you people are:

1) How do you cope with the extreme volatility in BTC when investing (or trading) alts?
2) Is there such a thing as a long term investment when it comes to alts (or even BTC)?
3) Is BTC's volatility productive or counterproductive when it comes to promising altcoins and their development?
4) Do you think BTC will forever be able to play out its first mover advantage (as going by fundamentals, it's actually far from the 'best')
5) Do you think BTC will ever be anything more than a speculative digital asset used by high volatility traders to long or short eachother to dead?
6) For those of you still holding alts, what if BTC goes to 10k end of year?

You can of course choose which question(s) you answer.
As for me, I'm slowly switching my positions to USD and will continue to do so if BTC keeps going up. While I'm certainly enjoying the profits made, I feel like I got fooled into "investing" in altcoins, whereas altcoins should apparently only be traded. The thing is, I never intended to become a trader and stare at my computer 24/7, or opening my Blockfolio every morning being scared what might have happened to my positions. Reflecting on it now, I made money but at the same time I lost sleep, happiness and lost track of the things I like to do in my free time, all due to crypto. Time to take a step back, enjoy life again and my profits! I'll keep an eye on crypto and my remaining BTC but I'm done with trading and if I can't invest without fearing to lose 50% overnight, I will stick to more secure ways of investing.

Cheers!

Hello!

I'm really confused, whats going on with BTC price?
It's supposed to go down as people already got their free BTG after the fork but instead it rised to 5.8k?
I believe its related to whales but there's something here I couldnt understand.

I'd like to thank every single one of you guys! such a great community. I hope your expectations are true

Hello!

I transferred some BTC's to my Blockchain.info wallet, would I still get the free Bitcoin Gold?

Hello!

After the last rise of BTC I lost 20% of my alts
Here are the coins I invested in:
NEO - bought at 0.0063
STRAT  - bought at 0.00074
QTUM  - bought at 0.012
XRP  - bought at 0.000054
OMG  - bought at 0.0017
WAVES - bought at 0.00088

I didn't see that market crash coming tho..
My question is do you think these coins might go up again after 25th Oct.?

Hello,

I'm really new to cryptocurrency trading, I've successfully made some buy & sell orders but I don't understand how the stop-limit feature works
I've seen some tutorials on how to use it but it doesn't seem clear to me as a newbie
Could anybody explain it in a simple way so I could trade safely?

Thanks in advance.

Hi,

I need to buy some BTC from a 'safe site'.
I do care about my privacy I'm not looking to provide my Government ID or my Driving License or anything personal.
Have guys tried any site that doesn't require sensitive personal info?
I'm really curious.

ETC RECEIVED AFTER 2 MONTHS!
SENT ON 2017-06-04
RECEIVED ON 2017-08-05

I will never use Poloniex again.

Hi,

It's a stupid question but I have to understand how things work.
I don't really understand what is the pump and dump of cryptocurrency, Could anyone explain?
Also what's the difference between "Bids" & "Asks" I have seen them in BTC live charts.

With my best regards

Hello!

I'm not new to Bitcoin I've been using it since 2015 as a wallet since it has no limitations.
After the new record of BTC price I'm really confused, It increased about $1k in less than 1 month which seems suspicious.
I'm thinking of investing some money on BTC and hold them for at least 3 years or more.
But is it a good idea? have any of you made good profit with holding BTC?
Like tell me what do you think of the future of BTC rates, how high could it reach?

with my best regards..

the problem remains until now, no money received.
i'm using coinpayments it's fees are high but it's simple
Poloniex is just a shitty site which has no support, oh btw there's no response to my ticket until now (created 12 days ago)

1) what are these calculations used for? why do they exist?
3) real world currency are way more different that this, in the real world currency you cannot print a $1 bill without having equal amount of stored gold to this bill if you do that your currency value will drop.
4) it's related to the calculations that our gpu's solve to get rewarded [same as first question]

Hey there,

I'm a newbie and I have some questions about all of these weird currencies. I hope I find a legit answer!

• How are these currencies created?
• What makes them more valuable? (ex. why is the BTC price is $2700 while other currencies is $0.xx)
• How are they generated? (ex. if they're generated from the mining process doesn't that make them worthless? because they literally came from nothing and they're nothing but just numbers in your wallet and it also means that the owner of that currency can generate coins into his wallet for free, doesn't it?)
• What are these encrypted hashes used for?
• Is it legal?
• What do you think about the future of the crypto-currencies?