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The Bar For non Automotive Related Chat |
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29-12-2017, 08:06 PM | #241 | ||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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Might have got in late, but looks like me and Phatal still got in in time.
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29-12-2017, 08:15 PM | #242 | |||
Donating Member
Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,439
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Quote:
Sent from my SM-G935F using Tapatalk
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ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) - RIGHT REAR CHROME TRIM XF Falcon S Update EFI - SOLD EL2 XR8 - SOLD BF F6 RSPEC #139 - SOLD Now rocking the SZ Territory Titanium Petrol Family Beast |
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29-12-2017, 08:40 PM | #243 | |||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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Quote:
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29-12-2017, 08:46 PM | #244 | |||
Fiat POWAAH!
Join Date: Nov 2005
Location: Western Australia
Posts: 2,309
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Quote:
And sold at 30c... Yes I doubled my money, but selling at even a dollar would have been nicer. Sitting on Litecoin, waiting for that to come back up
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Holden: If you cant beat them, buy them. |
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29-12-2017, 09:01 PM | #245 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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Ouch.
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29-12-2017, 09:11 PM | #246 | ||
Shenanigans..............
Join Date: Mar 2007
Location: Footscrazy
Posts: 12,479
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I hate to say it, but I see a repeat of 1929 again.
What happens when too many abandon ship?? |
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29-12-2017, 09:25 PM | #247 | |||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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Quote:
Guess this is where I am meant to sell half to cover my initial investment so I can't lose if/when it all turns to crap. Didn't expect to more than double my money in 1.5 weeks, it's come too soon. EDIT: Literally Nek Minit it is $2.49 @ 33.33% increase. Is this purely speculation or possible insider trading by staff from the mooted 2 household names that are not FIs? EDIT2: So just sold enough at $2.50 to cover my initial outlay. Immediately after it is down into $2.2X territory - I haven't withdrawn my cash from the exchange and am tempted to buy back in again to increase my holding a little, but then I think about why I sold (to ensure I can't lose). WTF happened to checking in monthly and holding for a year? Last edited by Iggle Piggle; 29-12-2017 at 09:40 PM. |
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29-12-2017, 09:42 PM | #248 | |||
FF.Com.Au Hardcore
Join Date: Mar 2012
Posts: 5,069
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Quote:
Great to double your money and right now perhaps taking out my initial input is the go but todays rise is tempting me to hold on and just ride it out because I wont lose sleep with losing what I put in. |
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29-12-2017, 09:48 PM | #249 | |||
FF.Com.Au Hardcore
Join Date: Mar 2012
Posts: 5,069
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Quote:
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29-12-2017, 09:52 PM | #250 | ||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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Funnily enough your thoughts echo mine too - bought back in at $2.32 as figure I only put in what I was willing to lose, and had planned to let it ride for the long term. Got away with it and actually increased my holding a little, so consider myself lucky and plan on just letting it sit and not pushing that luck.
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29-12-2017, 09:55 PM | #251 | |||
Moderator
Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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Quote:
Remember, that there are millions of small crypto investors like you, thinking along the same strategy.... When everyone starts selling to recoup their initial investment, that's when the house of cards tumbles. |
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29-12-2017, 09:55 PM | #252 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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I understand taking out what you put in when it reaches 100% increase but that severely dampens your growth and like ‘go further’ pointed out, ripple won’t reach the lofty heights of bitcoin so unless you got in below 50c you really need quite a few to have a chance at an impressive return, if you’re only playing with what you don’t mind losing, wait and see if it gets to 200% or even 300% then cover your outlay.. maybe
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29-12-2017, 10:04 PM | #253 | ||
FF.Com.Au Hardcore
Join Date: Mar 2012
Posts: 5,069
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^^ Yep agree with that.
The tricky bit is .."see if it gets to 200% or even 300%" or maybe then hang out for 500%, meanwhile the ride is over while you wonder |
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29-12-2017, 10:08 PM | #254 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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Very true, risk vs greed, fine line
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29-12-2017, 10:16 PM | #255 | ||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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Yep, as soon as I sold that bit I didn't like the fact I was no longer holding as many, and reminded myself that I had only put in what I could afford to drop...so put it back in again and plan on sticking fat for the long run as I had originally planned. Very lucky not to have missed a spike or otherwise reduced my holding.
I really gotta stop watching the price charts...but it is so damn interesting! Shutting the laptop and going back to We Were Soldiers on SBS. Last edited by Iggle Piggle; 29-12-2017 at 10:22 PM. |
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29-12-2017, 10:22 PM | #256 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Its really difficult to predict what ripple might or might not do. Its fundamentally different to all other crypto's. Remember that its primary purpose is to be utilized by the worlds banks/financial institutions etc. The more of those that sign up to it the more likely it will remain a solid investment. I guess my attitude toward the risk it very lax. I have already pulled my initial deposit out. I am in no hurry to cash out. Not while the Guv would take almost half in tax.
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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29-12-2017, 10:52 PM | #257 | ||
Moderator
Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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Let me play the devil's advocate here for a moment.
If Cryptocurrency is such a good thing and what the world needs rather than Fiat currencies... Then why hasn't Visa, Mastercard, PayPal, Amex, Apple or Microsoft or even the big banks (all trusted brands), come out with their own crypto coin? I'm sure they are all interested in adopting some sort of blockchain technology for faster and trusted transactions (and to make money). They have the money to hire the best crypto and blockchain experts and programmers on the face of the planet. They have a brand people will trust and invest in.... There should be no problem getting the general public to buy VisaCoin or AppleCoin rather than some unheard of Altcoin which started yesterday by some anonymous founder I'm sure if Steve Jobs was still alive, he would agree that writing some binary code, uploading a blockchain to Apple servers then selling millions of Applecoins that would produce $ Billions in cash from thin air was a good idea... Much more profitable than manufacturing and selling an iPhone. Food for thought. |
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29-12-2017, 11:05 PM | #258 | |||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Quote:
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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29-12-2017, 11:14 PM | #259 | ||
Moderator
Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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30-12-2017, 06:22 AM | #260 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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Wtf is going on, $2.72
Make that .77 Make that .83 Make the .58 Man this stuff is crazy to watch Last edited by Lunch; 30-12-2017 at 06:29 AM. Reason: Price is jumping too fast |
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30-12-2017, 07:13 AM | #261 | ||
Wait, what?
Join Date: Jun 2014
Location: South eastern melbourne
Posts: 2,677
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I just passed + 150%, time to stop watching
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30-12-2017, 08:21 AM | #262 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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I made 7K while I was asleep.... I reckon a micro bubble is brewing. But hold tight it will rebound.
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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30-12-2017, 08:22 AM | #263 | ||
irregular member
Join Date: Jun 2005
Location: NSW
Posts: 1,457
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Its hard to HLOD when you're staring at a 300% profit in just over a week.....
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30-12-2017, 08:42 AM | #264 | ||
Nikon
Join Date: Jan 2006
Location: Wollongong
Posts: 1,875
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Agreed sounds like a ponsi system with the bottom guys taking the hit eventually
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30-12-2017, 09:18 AM | #265 | |||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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Quote:
www.ripple.com
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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30-12-2017, 09:20 AM | #266 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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So that answers you devil question... A tech company stuck its other foot into the finance sector...
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Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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30-12-2017, 09:40 AM | #267 | ||
Central to all beach's
Join Date: Dec 2005
Location: Alice Springs
Posts: 1,653
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__________________
Real Aussie muscle cars have a clutch!! http://www.roadsense.com.au/about.html |
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30-12-2017, 09:49 AM | #268 | ||
RPO 77
Join Date: Feb 2006
Posts: 1,945
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^^^ Explains it perfectly
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Q: If you have tried to sell it three times now and it is still not sold, do you think it might be over-priced? A: It is over priced - just like all the other falcon coupes for sale!! |
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30-12-2017, 10:20 AM | #269 | ||
Donating Member
Join Date: Feb 2006
Location: Roxby Downs, SA
Posts: 1,439
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Looks like it is coming back down again $3.04
Sent from my SM-G935F using Tapatalk
__________________
ZG Fairlane 500 351 - First car - Now restoring! - LOOKING FOR ZG PARTS - BLACK AUTO CONSOLE - BLACK DASH PAD - BLACK SEAT BELTS (WITH THE METAL BUCKLES) - RIGHT REAR CHROME TRIM XF Falcon S Update EFI - SOLD EL2 XR8 - SOLD BF F6 RSPEC #139 - SOLD Now rocking the SZ Territory Titanium Petrol Family Beast |
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30-12-2017, 11:53 AM | #270 | ||
FF.Com.Au Hardcore
Join Date: Nov 2011
Posts: 1,547
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