71–80 of 566 posts
A lot of emotion with LTC. People are downloading Coinbase and buying LTC simply because it is the cheapest on Coinbase. This is definitely a bubble, really cant deny that anymore. All emotional, non-rational behavior.
Earlier quoted context omitted.
Having purchased several cryptocurrencies recently, I can attest that I am certainly not acting rationally. But at least I'm having fun!
Agreed, for someone with a relatively small amount invested in the crypto market (<1k) I find myself impersonating Gordon Gecko an awful lot. The only thing I can compare it to is my brief obsession with football stats when I used to play fantasy football.
A lot of emotion with LTC. People are downloading Coinbase and buying LTC simply because it is the cheapest on Coinbase. This is definitely a bubble, really cant deny that anymore. All emotional, non-rational behavior.
A lot of emotion with LTC. People are downloading Coinbase and buying LTC simply because it is the cheapest on Coinbase. This is definitely a bubble, really cant deny that anymore. All emotional, non-rational behavior.
Having purchased several cryptocurrencies recently, I can attest that I am certainly not acting rationally. But at least I'm having fun!
Even better, I should sell just a paper (well, an electronic one) stating you own some thin air. Hey, geeks, how cool can this get?
I am sure I could find buyers in the same market as cryptocurrencies.
PS: This is not directed at you, but you expressed the level of pointlessness and... void that reigns in this 'market', so I picked your message to place my joke/rant.
Earlier quoted context omitted.
Having purchased several cryptocurrencies recently, I can attest that I am certainly not acting rationally. But at least I'm having fun!
I should start a business selling thin air. Thin air from France, thin air from Japan, thin air from Mexico, and so on, you can collect them all, it is super fun. Then I could introduce cold captured thin air, warm captured thin air, etc. Wet thin air, dry thin air for year 3. More fun every year. Even better, I should sell just a paper (well, an electronic one) stating you own some thin air. Hey, geeks, how cool can…
What is causing the sudden rise in litecoin?
My guess is that the there are a lot of newbies now on Coinbase (#1 app in the Apple AppStore). They are buying the cheapest “bitcoin” without actually understanding what they are buying. This has increased demand for the cheaper of the only three options in Coinbase thus increasing price.
I doubt people really understand what they are buying whether it's bitcoin or litecoin. If you think you do, well, then most people do. Don't look at "crytocurrency" as the future "payment method", invest it like an asset. Go in low, come out high.
I invested in litecoin because I believe the market is undervalued. It's like a blue chip but will continue to rise for a while. If litecoin is to continue to rise, my bet is stopping at 600 then stabilized until bitcoin pops again. Litecoin in my view will never pass Bitcoin, but it's nonetheless a fun investment to play with.
Earlier quoted context omitted.
Having purchased several cryptocurrencies recently, I can attest that I am certainly not acting rationally. But at least I'm having fun!
I should start a business selling thin air. Thin air from France, thin air from Japan, thin air from Mexico, and so on, you can collect them all, it is super fun. Then I could introduce cold captured thin air, warm captured thin air, etc. Wet thin air, dry thin air for year 3. More fun every year. Even better, I should sell just a paper (well, an electronic one) stating you own some thin air. Hey, geeks, how cool can…