Currency Wars, USD, YEN, Bitcoin and what it means to you.

63schoeffling · Sat Jun 10, 2017 5:20 pm

fung430 wrote:
applehead wrote:I expect a big jump and pullback in the first week of the year for both ETH and BTC. Read somewhere the fibonacci sequence has BTC at 6-8k come Jan-2018, then a 25% correction. No explanation behind how the writer got to this, but it was same writer who called the 2800 resistance/support level. So much can happen between now and then though, who really knows right?

Thought it'd take til July to see ETH at $300. Man was I wrong. Shits crazy brahs
I was talking to a buddy about ETH being at 300 by Wed. he wants to buy in but is waiting for the price correction. Even though with the expected price correction I don't think prices will go back to 120. but who knows.

I would be absolutely floored if it went below $200 ever again. Put up strong resistance last time.

hax0n · Sat Jun 10, 2017 5:43 pm

ETH will go over $1k without breaking a sweat. Ignore the swings unless you want to go mad.

taylorph · Sat Jun 10, 2017 5:51 pm

I was thinking about changing my last BTC into ETH recently. I was waiting for a dip in ETH or a BTC pump to get a good exchange rate but now I don't think we'll see it go below 0.1 BTC/ETH again. I guess I'll wait and see what happens in the next 48 hours. BTC seems to be hitting alot of resistance to the $3000 mark whereas ETH looks like it has good support at 280 and 300.

63schoeffling · Sat Jun 10, 2017 7:11 pm

Yooo, ETH on fire!

hax0n · Sat Jun 10, 2017 7:44 pm

63schoeffling wrote:Yooo, ETH on fire!

63schoeffling · Sat Jun 10, 2017 7:58 pm

Just for fun hax.... when do you think it his $1k?

I'll say under a year. Gun to my head, I will say Feb '18.

hax0n · Sat Jun 10, 2017 8:00 pm

63schoeffling wrote:Just for fun hax.... when do you think it his $1k?

I'll say under a year. Gun to my head, I will say Feb '18.

2 months

taylorph · Sat Jun 10, 2017 8:20 pm

63schoeffling wrote:Yooo, ETH on fire!

Let's hope the correction isn't too extreme.

fung430 · Sat Jun 10, 2017 8:36 pm

63schoeffling wrote:Just for fun hax.... when do you think it his $1k?

I'll say under a year. Gun to my head, I will say Feb '18.

I am optimistic 800 by august

63schoeffling · Sat Jun 10, 2017 9:05 pm

$800 I can see. $1k will be interesting.... it all depends on what happens 8/1 I think.

Winta' is coming.

fung430 · Sat Jun 10, 2017 10:50 pm

63schoeffling wrote:$800 I can see. $1k will be interesting.... it all depends on what happens 8/1 I think.

Winta' is coming.

Yes, no matter what happens i have chosen the savest side ETH. Having bitcoin is a gamble that should pay off nicely.

BB8 · Sun Jun 11, 2017 9:35 am

Hey guys.... I'm new to this.... This week I was keeping a close eye and was looking to buy once I saw a dip I liked. It never came, just kept rising. Passed on buying all through $280-$300 and finally said drymount it at around $315. In for $3200 at that price.

2 questions for the experienced folk:

1) I am waiting on verification at Kraken... had to do coinbase in the meantime. What do you all use?

2) Can someone explain this "price correction" that keeps coming up? What can I expect.

Thank in advance dudes.

LeeKaye · Sun Jun 11, 2017 9:46 am

A work friend of mine was into BTC and mining about, 7-8 years ago? He told me about it, and how it would be massive. I didn't pay much attention. I almost don't want to know if he kept any from back then. I knew nothing about it myself, bought a couple and just spent them. Jeebus.

PaulSeal5 · Sun Jun 11, 2017 10:14 am

BB8 wrote:Hey guys.... I'm new to this.... This week I was keeping a close eye and was looking to buy once I saw a dip I liked. It never came, just kept rising. Passed on buying all through $280-$300 and finally said drymount it at around $315. In for $3200 at that price.

2 questions for the experienced folk:

1) I am waiting on verification at Kraken... had to do coinbase in the meantime. What do you all use?

2) Can someone explain this "price correction" that keeps coming up? What can I expect.

Thank in advance dudes.

I've never used Kraken so I can't help you with that. I used to buy BTC from Localbitcoins.com but now I use coinbase. I use Poloniex for attempting to day trade, I think a few others on here use gdax.com for that but that's only for BTC ETH and LTC, if you want to branch out for other coins Poloniex is the best.
Also Poloniex is good to hop on 'trending' coins, sometimes a certain coin with have all the big whales trading on it and on can hop on.

Shapeshift.io is good for converting coin from one to another with no fee, as long as you have the corresponding wallet.

PaulSeal5 · Sun Jun 11, 2017 10:16 am

Almost a $100 rise this weekend on ETH, this is crazy.