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Bitcoin / Cryptocurrency Discussion (And Predictions)

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by James Fend, Nov 8, 2017.

  1. Harbourmaster
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    Harbourmaster Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    I have my personal bags of coins that I will not shill here (some very large).

    However, I believe the next major upswing and bull run will be triggered by adoption. The coins that can land real world usage by large companies will be the catalyst for an influx of money that will dwarf the bull run of December 2017 and the start of 2018.

    There will be a lot of coins that go to zero. But a few with strong use cases that solve real problems will thrive and could become the next generation of unicorn companies.
     
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  2. Stridone
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    What are you investing in for the longer term? I'm making pretty good money trading for a while now, but am keeping the profits in ETH mostly so far, and DAG/RLX for mid term.
     
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  3. Timmy1990
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    I don't think think he wants to disclose his holdings.
     
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  4. DrWumbo
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    The use by large companies is a HUGE thing people don't seem to understand. There are projects out there trying to utilize the "cutting edge" research methods and build an enormous platform but won't be able to launch for multiple years/will die off due to no one utilizing their platform. By providing value today and having a platform for businesses to utilize will greatly increase the chances of becoming a large company of their own. If you can't provide value, you won't survive
     
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  5. Harbourmaster
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    Harbourmaster Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Hey there,

    I’m only giving you this info because you asked. Not responsible for anyone’s investments and please do your own research.

    With that being said, the project I am longest on is CPChain. I believe they have the best team made up of the best doctors of computer science at the best computer universities in China, putting their professional reputations on the line. The product they are developing is beyond it’s time and will lead the way in establishing a secure and scalable IoT solution in China and the rest of the world. It is currently massively underpriced and has not been marketed at all. They are only focused on building the tech for now.

    Mark my words CPC will be an absolute beast in 3-5 years and I plan on holding this one for a while.

    **shill over**
     
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  6. Timmy1990
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    Timmy1990 I Will Not Stop! Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Ah cpchain one of my favs vechain is invested in them I believe. I have been meaning to have a closer look but haven't had the time.
     
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  7. Harbourmaster
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    Harbourmaster Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    IMO it will be worth the time to look into :)

    Any questions feel free to ask me. Have been heavily researching them. And yes, Vechain is confirmed as an investor (not official partner at this point) although who is to say what the future brings.
     
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  8. Timmy1990
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    Haha alright I'll dive in tomorrow! I'll do the research myself but if I have questions I'll shoot you a message, makes it easy to hold if you research your own investments and not FOMO into other people's shit coins, then thinking is this actually any good?
     
  9. Vanesco
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    As long as there are people who are interested in cryptocurrencies and are ready to invest their own money in it, the cryptocurrency will flourish.
     
  10. AArora
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    AArora Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    As a trader, I love love the BTC chart.


    Sent from my iPhone using Tapatalk
     
  11. AArora
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    AArora Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Also some things to consider are bitcoin oriented stocks. Think RIOT, SRAX, maybe even DPW


    Sent from my iPhone using Tapatalk
     
  12. AArora
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    AArora Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    [​IMG]


    Sent from my iPhone using Tapatalk
     
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  13. James Fend
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    Possibly.. I'm still seeing the same "hidden" fundamental factors in play that indicate big sell off over the next 3 to 6 months.

    These still in play for my bear scenario:

    1. Tether (scandal quieted down, but clog in plumbing still there and poop building & backing up more and more)

    2. US Stock Market & Global Economy (no matter the election results; either presents strong argument for furthering slides)

    3. Mt. Gox

    With those lingering; I see big money funds making only extremely conservative plays. Outside of crypto; I imagine seeing most making initial moves in reducing risk exposure in their current assets; which means... speculative assets like Crypto are last on the list and the first to be dumped imo.
     
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  14. James Fend
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    James Fend Gold Contributor Speedway Pass

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    Posted this 5 months ago; very much in play regardless if crypto goes bull or continues bear imo.
     
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  15. AArora
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    AArora Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    All valid points.


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  16. James Fend
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    James Fend Gold Contributor Speedway Pass

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    Just updating this thread. I'm not so much a "I told you so, look at me, I'm right" type person (if you don't know, I made a rather bold prediction on a big capitulation sell off a few months ago and stuck to my guns).

    But I only bring this same prediction back up because it's still very much in early play as some of my points haven't even bloomed yet and re-reading or re-listening to them should give some insight into what your next possible moves could be. (no matter if you are sitting inside coins and plan to hold it out, out the market and timing re-entry within the next year, etc.)

    TradingView Prediction
    "The Black Swan of Bitcoin: Road To $2500 Capitulation (MT GOX?)" by trader dragon — published September 17, 2018

    YouTube I Made (I was running on no sleep when I made this so may be a bit loopy here or there lol)

    View: https://www.youtube.com/watch?v=j1ntNHcgWyM



    My personal moves:
    1. 2019 (and going into 2020 possibly) will be a lonnngggg year of nothing. No volatility, no volume,... what most would say is "Dead".

    2. And that's when I will get back in. However, I'm not in no hurry to get back in at the start of the no volatility stage. I am eye'ing different factors and fundamental market factors to start appearing and will get in at the last big dip right before things start moving back in an long upward trend again.
     
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  17. AArora
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    AArora Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    you were right my friend.. i made a bit of money on the move as it held up and bounced a bit.. but got out.. phew!
     
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  18. DrWumbo
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    DrWumbo Contributor FASTLANE INSIDER

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    This trade worked out super well. After ETH hit $173, there was a high probability of further falling after reevaluating. Now hovering around $130, which is awesome.
     
  19. DrWumbo
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    Love that you actually predict with substance, not just random jargon. I don't hold the same view of 2019/possibly some of 2020 being a dead year. I actually think that within the next year we will see the previous ATH be reached again.

    Both predictions are a win-win if you are smart with investing. So many people got burned by just HODLING and not just managing their investments (just like with most investors in any field).
     
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  20. mThree2K
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    mThree2K Contributor Read Millionaire Fastlane Speedway Pass

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    I think that specially that massive amount of bagholders is what will keep prices down for a few years.

    Crypto needs a catalyst again to reach ATH and beyond, it will come but just not now.

    Enviado desde mi Mi Note 2 mediante Tapatalk
     
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  21. AArora
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    AArora Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    Love this discussion. Let’s keep it going over time.


    Sent from my iPhone using Tapatalk
     
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  22. DrWumbo
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    DrWumbo Contributor FASTLANE INSIDER

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    There's blood in the streets and many people are afraid to get back in, which is what the big/potential bag-holders are wanting. With the amount of custodial services launching, like Bakkt and legitimate ETF's being worked on it, will allow much more money to flood the market
     
  23. mThree2K
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    Yes but we are talking about professionals, not some degens that sold their houses to get in at 20k.

    Imho they already entered spring '17 and got out December '17 and they will do the same thing once blood is dry meaning they are waiting until people get bored and forget about this crypto stuff to get in again and repeat the cycle.

    And they are patient af.

    Enviado desde mi Mi Note 2 mediante Tapatalk
     
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  24. DrWumbo
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    DrWumbo Contributor FASTLANE INSIDER

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    Many people have forgotten about crypto, due to the hard losses many people have gone through and ended up selling. The price is being driven down as far as possible, then big investors will get in, driving the price up, and getting the "normal" investors excited again, further driving the price up. They have been extremely patient, as we have seen BTC go from $20K to $4.5K. They have successfully surpressed it far down (possibly a little more). Months of orchestrated pumps, dumps, and FUD have led to this.

    Along with easier points of entry into the market for big investors like Bakkt, Coinbase custodial services, and possible ETF's and for normal investors, like Robinhood/Circle, the growth has the capability to be more explosive than before
     
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  25. msufan
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    DrWumbo and James Fend like this.

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