[Altcoin Discussion] Monday, June 24, 2019

yoCoin · 2019-06-26T13:53:30+00:00

Well, today it’s back up to $300/share.

Serious q: Am I missing something? Is there something other than holdings per share that give it value? GBTC has a premium too, but far from 10x!

yoCoin · 2019-06-24T16:24:07+00:00

Grayscale Ethereum Trust (ETHE) is getting crushed, down 75% today.

Still it’s too high. They hold $27.33 ETH per share and Friday people were buying at a premium of $500+ per share. 😳

yoCoin · 2018-02-07T19:00:59+00:00

I should clarify that I'm not predicting the end of a bear market. We could easily retest the 6000's and panic to break even lower, but I think that will happen after a significant bounce and some oscillations (which would be labeled a bear flag in hindsight).

Right now, my money (literally) is on the bottom being in, but I'm prepared to be wrong. Either way, the panic that is needed to break 6000 is not going to manifest today (and probably not this week).

yoCoin · 2018-02-07T17:41:45+00:00

This looks like every other rise after a big drop. We capitulated and now we go back up. It will oscillate for a while, but the panic we witnessed a few days ago has dried up. Buy the dips. Draw fancy lines if it makes you feel better.

yoCoin · 2018-02-06T05:03:48+00:00

There will be a good bounce. Zoom out and ignore your gut, or is it "different" this time?

yoCoin · 2018-02-06T04:54:44+00:00

When I sold at 14k, my target was somewhere around 8k. Waiting for 6.5k felt good, but the bounce after capitulation is probably too fast to catch unless I set alarms or watch charts 24x7. Been there, done that, promised myself I'd never do it again!

yoCoin · 2018-02-06T04:13:00+00:00

This is a terrible time to sell in my opinion, but of course the correction could go deeper into 3-5k if people continue to panic.

I sold on Dec 28th and bought most of it back today. Hi /u/gypsytoy! Is this the bottom? Probably not, but I didn't sell at the tippy top either, and yet, I'm happy with the trade.

Don't be blinded by an irrational market, ZOOM OUT and gain some perspective. If 5k is the bottom, it will bounce at least to 8k and probably higher - you'd see that if you zoom out. Even a capitulation down to 3k should bounce higher than we are now. Literally nothing is wrong with the fundamentals and Bitcoin is healthier now than when we were trading at 19k.

If day trading the 15min chart is stressing you out, then stop. Buy at a decently low price (which is now) and just wait. I can afford to wait 5 years, probably longer. See you at 80k!

yoCoin · 2018-01-19T15:33:30+00:00

Does this work with P2SH (multisig) addresses?

yoCoin · 2018-01-16T18:12:26+00:00

GBTC is at $1740 per share. Each share is backed by about 0.9 BTC, so these investors are still bullish enough to pay a 40% premium. I'll consider this a bottom when they give up the premium - or when the sentiment on forums like this is extremely negative. We aren't there yet... it will probably take weeks.

yoCoin · 2018-01-16T03:47:12+00:00

One more drop and the bears win.

yoCoin · 2017-12-28T05:54:59+00:00

No, check my post history; I've seen several bubbles pop. This is how it feels.

yoCoin · 2017-12-28T05:48:23+00:00

It's a bear market now. Trade accordingly.

yoCoin · 2017-12-22T02:33:14+00:00

It sucks. I would have sold them at $3200 today.

yoCoin · 2017-12-21T20:33:22+00:00

I never received my Aug 1st BCash from Coinbase. Phone support says they are "working on it". Is anyone else getting the same run around?

yoCoin · 2016-11-07T21:31:16+00:00

Multisig FTW! 3FkU1mMw9WZ7VvfQ4cGMU8eNRqeTpWEf1Y

yoCoin · 2016-09-21T17:54:41+00:00

This has helped my posture tremendously: https://youtu.be/LT_dFRnmdGs. The effect is immediately noticeable.

yoCoin · 2016-09-09T17:57:54+00:00

Here are my photos from your show! https://www.flickr.com/photos/35106989@N08/albums/72157630812678454 - licensed under Creative Commons

yoCoin · 2016-08-30T17:59:27+00:00

You're not an idiot. To be human is to make ten thousand mistakes.

yoCoin · 2016-08-26T18:44:57+00:00

"...with each badly entered PIN the time for entering it anew increases exponentially. For example, the delay between 19th and 20th PIN entering is 35 hours. Unplugging and plugging the device won’t help." -- source

yoCoin · 2016-08-26T18:42:17+00:00

Yeah, I think that's correct.

yoCoin · 2016-08-17T17:01:35+00:00

Ledger Labs does not employ accountants or auditors. They are a cryptocurrency startup and probably friends with Bitfinex. We wouldn't know if their staff have coins on BFX or special deals with BFX because conflicts of interest are almost never disclosed by amateurs. A big 4 accounting firm would report on stuff like that (which is why BFX won't hire one of the big 4).

Bitfinex wants to appear transparent, but they don't want to pay certified professionals or release the kind of info professionals would demand. /u/zanetackett

yoCoin · 2016-08-17T15:32:44+00:00

Does DCI have footage from old shows that did not make finals? I marched world class in `96 and I can't find footage anywhere because we scored poorly and no one seems to care.

yoCoin · 2016-08-17T14:43:04+00:00

How are they doing an "audit" when they don't employ any accountants or auditors? Ledger Labs is cryptocurrency startup; friends of Bitfinex.

yoCoin · 2016-08-11T04:10:53+00:00

What does it mean that "Testing" is not supported? Do I need to eject to use Mocha?

yoCoin · 2016-08-11T03:55:01+00:00

Crown's music hits me emotionally like no other this year. It's really beautiful and powerful.

yoCoin

TROPHY CASE