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Have $10k to invest in ETH. At what price do I buy in? How much of a drop?
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Date: January 17th, 2018 10:29 AM Author: wine plaza I have $10k to fuck around with an buy crypto for the first time. What price would should I wait for ETH to drop to before buying? (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174678) |
Date: January 17th, 2018 10:30 AM Author: Boyish Chrome Church rofl (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174692) |
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Date: January 17th, 2018 10:33 AM Author: wine plaza I'm glad you find this facetious. Do you have anything substantive to contribute other than your brain farts? (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174707) |
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Date: January 17th, 2018 10:35 AM Author: Boyish Chrome Church your comedic timing and the fact that it's you who poasted this were so perfect that I can't possibly add anything to improve this thread. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174732) |
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Date: January 17th, 2018 10:37 AM Author: wine plaza What in fuck are you talking about? Crypto is crashing. A crash is the time to buy, assuming an asset has any real value that will cause its price to eventually return to a fair market price. The fair assumption is that cryto has been in a speculative bubble that is now deflating, but that there is still underlying value over the middle-long term. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174764) |
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Date: January 17th, 2018 10:42 AM Author: Boyish Chrome Church lol you need to calm the fuck down (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174797) |
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Date: January 17th, 2018 10:43 AM Author: wine plaza Oh, you're bored. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174801) |
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Date: January 17th, 2018 10:43 AM Author: Boyish Chrome Church can I suck your toes? (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174806) |
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Date: January 17th, 2018 10:43 AM Author: wine plaza Of course not. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174810) |
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Date: January 17th, 2018 10:44 AM Author: Boyish Chrome Church oh well. worth a try. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174813) |
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Date: January 17th, 2018 10:31 AM Author: Bearded flirting hall sandwich (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174694) |
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Date: January 17th, 2018 10:31 AM Author: Adventurous Chest-beating Masturbator ok, definitely not time to buy yet (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174697) |
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Date: January 17th, 2018 10:33 AM Author: balding bawdyhouse (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174714) |
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Date: January 17th, 2018 12:13 PM Author: lime rehab (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35175712) |
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Date: January 17th, 2018 10:34 AM Author: wine plaza Nevermind. I just looked a historical chart for a second and answered my own question. I'll buy if it hits $450-500ish. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174726) |
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Date: January 17th, 2018 10:39 AM Author: Jet-lagged theater stage We get that you're smart. You're a smart girl. The problem is you're a little autistic, that's all. You're special. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174782) |
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Date: January 17th, 2018 10:40 AM Author: wine plaza Buy high, sell low! (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174785) |
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Date: January 17th, 2018 10:43 AM Author: Up-to-no-good cheese-eating senate black woman (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174802) |
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Date: January 17th, 2018 3:50 PM Author: Bisexual Locale Jewess (Personal finance expert) (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35177633) |
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Date: January 17th, 2018 5:27 PM Author: Bisexual Locale Jewess Something about the arrogance of this post is just delightful. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35178354) |
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Date: January 20th, 2018 3:58 PM Author: Bisexual Locale Jewess (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35198064) |
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Date: January 20th, 2018 4:10 PM Author: autistic house-broken kitchen It's a small miracle it hit $775, unless the sky falls it's never hitting 450-500 again. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35198149) |
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Date: January 20th, 2018 4:14 PM Author: Bisexual Locale Jewess she's a financial expert and checked the chart. so yeah, i guess you could say she knows what she's talking about. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35198174) |
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Date: January 20th, 2018 4:18 PM Author: seedy sapphire codepig (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35198199) |
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Date: January 17th, 2018 10:47 AM Author: geriatric black pit I've been thinking the same thing.
The trouble is that the underlying value of ETH is probably something like 20.
The rest is of the value is pure speculation.
If you want to capitalize on the speculation, you have to make an educated guess on how many more speculators will come in after your investment.
As the price drops, your investment gets cheaper, but it also negatively affects the chances that there will be more speculators.
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Date: January 17th, 2018 10:51 AM Author: wine plaza Blockchain technology is completely mainstream - it's the applications thereof (such as crypto)that are still novel and niche.
Does ETH have real value? If it does, its probably close to whatever value it sustained over the longest period of time (which is $400-500).
You can easily argue that this value was inflated, too, but I'd argue that the better counter-argument is that this is merely a transitory technology with fleeting pricing. It may have "truly" been worth $400-$500, but niche technologies get supplanted quickly/easily. It could be worth far less at any moment based on a new currency, acquisitions, etc. It could also be worth far more. And that's where the speculators and ensuing bubble come in. |
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Date: January 17th, 2018 10:54 AM Author: titillating rambunctious mood idiot The value eth sustained over the longest period of time is around $1 not $500.
When the stock market crashes, unless society proceeds into a dark age, and people no longer need cars, clothes, electronics, and other essential privately provided good and services, it's a guarantee that it will recover. Apple, Samsung, Amazon, etc are all companies that are heavily integrated in society, they come back because there's massive intrinsic value. There is almost no intrinsic value with the crypto market. Even the few coins with partnerships, and physical products have almost no economic impact outside of the crypto trading. What reason, other than coordinated pump and dumps, would any massive group have to sink money into a crashing market, full of empty promises? |
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Date: January 17th, 2018 10:59 AM Author: geriatric black pit >but I'd argue that the better counter-argument is that this is merely a transitory technology with fleeting pricing. It may have "truly" been worth $400-$500, but niche technologies get supplanted quickly/easily.
This doesn't make much sense. A transitory technology with a fleetingly high price would be something like HD-DVD if it had come out before blue-ray. But that tech actually provided actual value - i.e. the ability to watch high definition movies on your TV.
The "tech" behind Ethereum provided NO actual value when the prices were at $400-500. That price level consisted of (1) expectation of what the eventual actual value would be and (2) pure speculation as described above. |
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Date: January 17th, 2018 10:47 AM Author: Vigorous Idiotic Idea He Suggested Brunch lol (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174847) |
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Date: January 17th, 2018 10:48 AM Author: Mahogany racy hominid lulzy thread (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174855) |
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Date: January 17th, 2018 10:53 AM Author: Honey-headed rigor cuck damn it, janet!
i love you! |
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Date: January 17th, 2018 10:57 AM Author: Light Galvanic Mexican This thread is incredible (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174962) |
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Date: January 17th, 2018 11:00 AM Author: Topaz parlour bold. it's in a massive sell off right now and there's no signs it's slowing. i'd wait and see when volume starts to diminish and the dust settles. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35174986) |
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Date: January 17th, 2018 12:37 PM Author: Stirring mint knife Don't buy all at once.
Put lots of smaller buy orders in a various prices. |
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Date: January 17th, 2018 1:30 PM Author: Scarlet Appetizing National just buy and dont look at it for a year (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35176392) |
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Date: January 17th, 2018 1:32 PM Author: nudist supple feces buy in at $0 make infinite profit like the singularity inside a black hole (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35176401) |
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Date: January 17th, 2018 1:32 PM Author: pearl impressive locus new version Is the $10K the year-end bonus from your sugar daddy? (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35176402) |
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Date: January 17th, 2018 1:34 PM Author: Pale exciting space Nothing makes me angrier than “blockchain is the future” in response to questions about whether ether is in a bubble. This superficial babble is what roped me into this clown show lol (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35176427) |
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Date: January 17th, 2018 1:39 PM Author: Vigorous Idiotic Idea He Suggested Brunch (guy who was so smart and above it all) (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35176479) |
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Date: January 17th, 2018 1:47 PM Author: Pale exciting space Trust me I’m hardly phased. Otherwise I wouldn’t be wasting time posting (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35176544) |
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Date: January 17th, 2018 2:02 PM Author: Beta White Dilemma Too late.
I dumped 25k into Bitcoins in at 1k each and sold at 16k each.
This will never happen to me again in my lifetime. I’m still amazed.
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Date: January 17th, 2018 3:50 PM Author: Bisexual Locale Jewess 180 if true. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35177638) |
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Date: January 17th, 2018 5:28 PM Author: Passionate walnut tanning salon damn daddy (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35178361) |
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Date: January 17th, 2018 3:05 PM Author: Navy cocky round eye (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35177281) |
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Date: January 17th, 2018 5:29 PM Author: Crimson Excitant Trailer Park buy now (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35178368) |
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Date: January 17th, 2018 5:32 PM Author: Bisexual Locale Jewess cr. it went back up so that means people think it's valuable. time to buy. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35178387) |
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Date: January 17th, 2018 8:32 PM Author: chartreuse soggy market guess what bloodacre knows about crypto? LITERALLY NOTHING.
don't ever post on anything crypto related ever again or i will fucking castrate you |
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Date: January 17th, 2018 9:20 PM Author: Bisexual Locale Jewess ask me anything about crypto. guarantee i know 10X as much as you do. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35179974) |
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Date: January 17th, 2018 9:22 PM Author: chartreuse soggy market guarantee you don't even live in a place that has your name on it. you're pathetic and poor. now fuck off. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35180001) |
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Date: January 17th, 2018 9:24 PM Author: Bisexual Locale Jewess and youre gay as fuck. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35180029) |
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Date: January 18th, 2018 10:34 AM Author: Honey-headed rigor cuck julia made the right call ITT by waiting until ETH went back down to $400 to buy. (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35182447) |
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Date: January 18th, 2018 10:35 AM Author: Scarlet Appetizing National Cr (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35182451) |
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Date: January 18th, 2018 12:07 PM Author: Up-to-no-good cheese-eating senate black woman (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35183231) |
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Date: January 20th, 2018 4:01 PM Author: harsh poppy principal's office potus *awards her nobel prize* (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35198083) |
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Date: January 20th, 2018 4:13 PM Author: zombie-like center death wish #womenintech (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35198166) |
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Date: January 24th, 2018 3:22 PM Author: harsh poppy principal's office potus (http://www.autoadmit.com/thread.php?thread_id=3862490&forum_id=2#35227526) |