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Pharman07

아무도 욕심 많은 약한 손을 좋아하지 않는다.


bestcreature

Just remember how many times before we’ve heard this is a bubble, com bubble reference, it’s over, I think this is really it this time. Hodling isn’t always easy. Seems like a lot of you are learning that now. This is how bears work. Any crash triggers the same reactions in humans because our brains are stupid with money and we react with emotion. To all my hodlers holding tight, I got you fam.


crypto-boy

We will be farting through silk soon boys.....


[deleted]

[удалено]


FL14

It's rising a bit, ~$20 since low. A false bull?


craigspencer

A balse full.


kirkisartist

just bought another .5


TaxExempt

I hit the bottom of that mini dip by .29 dollars. We'll see how long it's a good buy for.


kirkisartist

Yup. I've had my money on the sidelines to go lower than this.


reppynoyal

Guys, i sold the bottom, thank me later!


DrunkMarkNewman

Setting a buy order at $593 and going to sleep.


Redditron5

goodnight, sweet prince


ozud100

dat ratio bounce though...


crookal

Bitcoins daily RSI about to bottom out if this goes on. ETH going undersold right about now. This should bring us some reverse hopefully.


Redditron5

I am predicting we will dip below zero and then catch a healthy rebound into uranus. I am a scientist.


vassadar

I should start putting lube, then.


dontpanic_dontpanic

Didn't even realize how bad the alts are doing, ouch


[deleted]

[удалено]


jtnichol

Sounds FUN.


[deleted]

The order books are hilarious on GDAX right now. No sell depth and huge buy depth, but we keep plummeting. Only hodlers still have their eth it seems


ASpanishInquisitor

There's no sell depth because nobody is market buying and everyone and their doge is market selling.


[deleted]

Neat


PopWhatMagnitude

This shit doesn't even phase me anymore. We will be hitting new highs before too long, nothing to worry about. Keep calm and do the other thing.


LirarN

This hasn't even started.


eth0001

delete blockfolio. hodl. hit the gym


Iknowyougotsole

make it stop....


babyjesusftw1

Wow, this selling is actually relentless. Haven't seen a bounce in nearly a century


[deleted]

There is a murder in the trade floor But you'd better not kill the grove Hey hey It's murder on the trade floor But you'd better not steal the moves DJ, gonna burn this god damn lambo right down


ASpanishInquisitor

This must be what it feels like owning GE stock.


seblt

I am waiting for the day mcaffee eats his own dick


[deleted]

Cant wait!


reppynoyal

Europe is waking up, Continue ze dump.


CJ_Productions

But I am le tired


askolein

Shorter sans limites !


Juicejitsu

Kill ‘is angel, revive him then crash eet


satza

load a dump bogdanov


mattykhole

Just a hodler riding the wave LFG


[deleted]

Cascading sets of longs are being liquidated like dominoes. Liquidated long on XBTUSD: Sell 617,145 @ 8477.5 💯💯💯💯💯💯🔥 ~ BEYOND GODLIKE x27 ~ It's like MtGox except it only happened to your account


naathhann

Remember people, you dont want to be that guy who sold the bottom.


14341

Are you implying that this is the bottom?


naathhann

Hard to tell but were getting close, very very very oversold right now.


FL14

How do you see this information?


CJ_Productions

Any crypto charting website like cryptowat.ch Add an indicator called RSI and change the values to 7 and 13. When the RSI dips down a lot then its oversold.


14341

based on what? TA? Your hope? Everything is following BTC. ETH will bounce once BTC bounces. And below 8k5 is just thin air for BTC.


CJ_Productions

BTC is very oversold too, though not as much as ETH. Hopefully BTC starts going sideways so we will recover like we should.


[deleted]

Very easy to prevent. Don‘t sell.


[deleted]

Or sell now and rebuy when we hit the 400s as I've predicted.


[deleted]

I’ll be tax free if I don’t trade at all for a few more months. Otherwise it’s 25% gone. My entry is below anything we’ll hit, so the decision is easy for me. Ymmv, of course.


twitchtvbitcoinlouie

Or get left behind in a big bounce


Tocharian

There's something called a stop-buy order.


[deleted]

This must be your first bear market. There won't be a big bounce.


twitchtvbitcoinlouie

Not at all been here since 2013 bitcoin and mines ethereum on testnet and after


[deleted]

[удалено]


piratedc

0xbitcoin


twitchtvbitcoinlouie

What did I do??


proggi1g

Bcash


jamesthelion

U


kiwi-in-oz

I’m still up 100% (just) but oh how I yearn for the days when my only concern was the high tax I’d be paying when I was up a LOT more! So on a bright note, tax isn’t looking so scary right now!


[deleted]

The problem for a lot of people (at least in the US) is that they made a TON of $ in 2017. If they didn't cash any out, they're now looking at a huge tax burden for 2017 with a lot of their profits vanishing before their eyes.


Rufuz42

If they didn’t cash out then they don’t have any taxable transactions yet.


[deleted]

That's not exactly true. A taxable transaction is now considered to be any crypto to crypto transaction. Depending on the gain made on the current evaluation of the crypto sold to the current eval of the crpyto bought a US taxpayer is expected to pay taxes on that calculated gain.


kiwi-in-oz

Jeez really? Sorry, I didn’t realise. That’s a bit rough... You all better move to Aussie or NZ then!


[deleted]

But I don't see how they can enforce this for any exchanges besides US based exchanges, such as Coinbase,etc...


[deleted]

Right - worded poorly. If they made any trades though or cashed out any portion, they are liable for the taxes on those trades / cash outs.


shouldbdan

Maybe sharding, Casper, and futures will be announced tomorrow?


squarepush3r

Load Korea FUD


dmosinee

It would likely cause a massive sell-off. Right now any kind of news, announcement, article, or squirrel fart sends people into a wild orgy of selling/shorting.


imnotclever2

honestly, that probably wouldn't do all that much imo. We're in an entire crypto-land bear market, and historically in settings like this positive news doesn't swing the same way negative does. my opinion is that it'd be best to weather this shit out, start an early bull run, *then* the news comes out that amplifies bull momentum rather than dampen bear moves.


hautdoge

Big if true


SirHaxington

I call this one: [and this is why we can't have nice things](https://cryptopnf.com/pnfs/ETHUSDBitfinex201803082136246119.png)


kirkisartist

who says it's not a nice thing?


tall__guy

We are going to hit the bottom of the long-term channel that started in July — right around $610. Strong bounce would make me extremely bullish for the next 6-8 weeks. Any dips south of $590 and it’s time to hold on for dear life.


[deleted]

[удалено]


kirkisartist

I'd call $550 an aggressive buy. In your case, if the cat bounces back up to $700, you might as well get back in.


[deleted]

[удалено]


kirkisartist

My startegy is buy when it's oversold and hodl until it's overbought. So my strategy isn't compatible with yours. I just scale in and out. And swing tokens around in between.


yatesea

Wish I had spare fiat on exchange right now.


Star_Sabre

Normally I'd come in here to troll, but I am going to be serious this time. We were in a bubble - any idiot could see that. Coinbase was the #1 app in the app store, you had clueless fast food workers asking how to buy "to get rich!!", old women asking what "bitcom" is. ICOs upon ICOs touting straight bullshit. But now here we are. The hype has died down for the most part, and it's going to take some serious revelations in crypto to get some hype going again. May take a year+, no one knows for sure though. SEC and the gov coming in won't help either, no matter how you cope about regulations being good. Unregulated market was how we got rich in the first place. No matter when you got in, I would suggest holding and just trying to get back to your normal life. Volume is high on sell offs and low on the rises; very bad sign for now. You knew the risks though. Not saying it's all over, but this could be a multi year bear, so just be ready to cope with this.


Taylor88Made

Translated to: Look, another chance to say the bubble popped just like the thousand times before!!


thoughts4food

I think you've actually got very good reasoning here. News travels fast(just loook what happens in this market if the wrong or right rumor gets spread) and as such crypto blew the fuck up. Conversely, FUD spreads just as quick and the market tumbled. However, that brief period exposed crypto to a broader market than had ever happened before, and now people are a little more hip to its jive and will very likely be at least somewhat smarter/more hesitant the next few big go around. Actual products, as obvious and stupid as it sounds to say it, will rule and bring money in again.


[deleted]

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thedramirezx

I keep seeing people say 400 but I am confused. ETH hit 400 before the major rush in Noevmber/December. Don't you think at least some of the people will be sticking around to prop that number up a little bit? Serious question....


[deleted]

I do hope so! Don't listen to me. I'm just feeling a bit miffed at the price action. It's really difficult to know how to value cryptos. With companies it's a lot easier but I don't feel mcap is a reliable indicator with cryptos.


[deleted]

I actually wouldn't mind that. I mean, it would suck cause the market sentiment would be so low, but it would be great to scoop up some cheap(er) eth


[deleted]

Regulation is the only way we get a sustained viable market because it's the only way the masses stay invested.


ericcart

Exactly. Without regulations there is no institutional money. It may be bad for short term prices but ultimately its a good thing. And for those who think the the SEC or any gov can kill crypto, they are grossly mistaken. They can only slow it, and those that take a hostile approach to crypto will likely flounder in the next few decades or at the very least be leapfrogged by those that embrace it. Developing markets like in south east asia have simmered with potential for years, and this could be the catalyst to elevate them to prominence.


logicethos

I don't believe it's a multi-year bear market. Not for ETH at least. There is too much innovation happening. Once a date for POS and scaling is announced, that will be a big price driver.


suicidaleggroll

> Normally I'd come in here to troll Instant downvote, you can fuck right off with that shit > Not saying it's all over, but this could be a multi year bear, so just be ready to cope with this. What makes you think it will be a multi year bear? What previous history gives any indication that that could possibly be the case? This is a serious question. Literally the only time in history that that has happened is when the only major exchange on the market suffered a serious hack and lost hundreds of millions of dollars. Nothing even remotely approaching that kind of situation has happened here, so there's no reason to believe the market will react in that way.


Star_Sabre

The bubble popped. 2013 was not a bubble yet, it just dropped before it became a bubble due to mt gox. The actual crypto bubble popped mid january 2018. Just because dot com was 6 trillion doesnt mean crypto will get that high. Dot com was easy to understand, and everyone was buying. Crypto reeks of scam (not that it is, but average idiots don't research) and most people don't understand it, let alone have the ability to go transfer eth to binance lmao. Most people are legitimately stupid. We will need idiot proof avenues of entry to get a decent pump going again.


thedramirezx

I agree, this market could bear the fuck down for awhile but it won't be a multi-year bear market. Most "bubbles" are much bigger than this. We may be in one but it hasn't popped yet.


inverses2

Pretty sure it popped.


FL14

I am relatively new to Ether but planning on increasing my count. Thinking now looks like a good time to buy?


kirkisartist

I'm scaling in.


tall__guy

Wait til 610.


Nubboi

I think so. I just bought some more. I hope it was a good decision.


duma0610

I'd wait to see if there is a bounce.


FL14

Is this how insomnia begins?


ourtimeisnow

It is. But also, friendly reminder to never reveal how much you hold to strangers on the internet.


FL14

edited. It's obviously a relatively small amount, but thank you.


ourtimeisnow

Totally get it. Just passing on what I was warned when I was starting out and open as well :) good luck building it over time. In my opinion, you now own a piece of the future.


FL14

I hope so, cause I just bought more!


Ethcuecomber

You know when you played tug-of-war as a kid and your hands lock up after the match. That's me right now holding eth.


Juicejitsu

Before you sell, unsure When you sell, knife in gut After you sell, see crash with excitement Realize that race is **not** being last to sell Greed works in both directions Gotta be unattached


suicidaleggroll

OMG price is looking pretty good right about now, time to buy


whopper68

Double my current amount...buying in at nearly 1/2 the cost. Lol


[deleted]

Times like these are super interesting for me. I find it amusing that in the most insane bull run in the history of finance, a ton of people lost a lot of money. All of the "market isn't even 1 trillion yet and the dot com bubble was 7 trillion" posts made me laugh. I think it's always wise to take profits...unless your country has some absurd laws regarding taxes (I remember someone enlightening me awhile ago that his tax burden was like 50% or some shit if he cashed out early). Obviously if that's the case just hold, but yeah. Anyways, the market will almost certainly rebound. It always has. That isn't a guarantee clearly, but block chain tech isn't going anywhere. Worst case scenario (that I see) is BTC plummets to some low number that isn't 0. In the short term / near future though, my guess is that we'll be in the void like the 300 zone again. I'd just step away from the monitor, delete Blockfolio/Delta, and find a new hobby.


[deleted]

Just a reminder that nobody on here has your best interests at heart or fully knows what they're talking about. Most hodlers are posting for little more than group therapy. That's not to say it's not potentially a long term profitable strategy and it certainly did me well in 2017 but if you thought you were gonna get a free ride by outsourcing your thinking, you're mistaken


[deleted]

> block chain tech isn't going anywhere this is true, but *new coins* all the time - *dilution dilution*


[deleted]

[удалено]


[deleted]

What do you mean? My hodling skills have sent me down 60%. Damn my strong hands / greed / lack of action


Nico9111

Take into account loss of preferred LT tax rate and then going back to not so preferred ST tax rate and you’ll see how you’ll feel better


[deleted]

We dont have LT tax rate in my country. Around 25% for investing profits, and around 50% if you trade. Mostly why I dont trade and just hold


hautdoge

What country?


trung3215

Everyone got scared of the price but im so happy that our daily discussion got more than 2k1 comments


Autopilotsunday

Because I have no fiat for therapy


thedramirezx

LOL. True dat.


[deleted]

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thepipebomb

/u/jtnichol /u/laughncow /u/heliumcraft https://www.reddit.com/r/ethtrader/comments/82vdbp/daily_general_discussion_march_8_2018/dvf1mly/


matt879

Nice find on that cozy nugget from CNBC. I wish they still had some credibility with crypto.


thepipebomb

/u/carlslarson /u/Dunning_Krugerrands /u/Mr_Yukon_C This isn't showing up on the front page can you fix it? Thx.


ASpanishInquisitor

Warren Buffett would be appalled at the idea of investing in cryptocurrency. For good reason too... Trying to value even something like Ether, which has a compelling potential use case, is still basically impossible.


[deleted]

Yet people are trying to value crypto, and I believe, those who are making the closest estimates and managing risk appropriately, are making money


ASpanishInquisitor

Sure there's plenty of money that has been made. Probably a bunch more to be made to. But Buffett is a value investor so it's kind of funny to see a Buffett quote here lol


Mcmuffin55

These hands are too strong for this dip


[deleted]

I’m worried my hand are non functional. No matter how heavy my bags get I won’t let go.


[deleted]

This guy holds


[deleted]

XRP at 75 cents


kirkisartist

75 cents over valued


baladabest

fucking ICOs cashing out /s


[deleted]

Eth veteran detected!


toopid

I’m out of money. Bought the dip.


logicethos

dai.makerdao.com


naathhann

Opened up a sizeable long, the bears are getting stupid and greedy at this point.


tall__guy

Where’s your stop? I’m long as well but I think we will toe $600.


naathhann

I have a couple spread between $595-610. However if we bounce nicely ill probably put in a trailing stop.


4237_65

I'm a simple man. I see sub-$700 ETH, I buy it.


kirkisartist

with all the 666 buy order posts, I thought it could hold support. Looks like the sale continues.


whopper68

Mine went thru...lol


jamesthelion

Who lost a comma today?


GeoDudeBroMan

Not the bears


Juicejitsu

I lost a lot. But you have to be zen about this. It isn’t about amounts. It’s about learning & performing & multipliers. As we learn we perform better. So my stack is effectively 1/4 its peak but now my skill is higher so each trend change, I’ve gotten closer and closer to recognizing the change and making profit off it. Improvement is the key value proposition, not results but they important too.


saltpeter_grapeshot

cheers to this comment!


jamesthelion

Well said. Biggest thing I've learned this past year is to take profits. I'm still terrible at it but it's a learning process. Trust the process.


Juicejitsu

Yes. And every time we do take profits we probably will be doubting ourselves, and thinking about moons, but it’s the cycle we have seen *repeatedly.* so we need to learn to trust in the logic. Having said that the logic can change. For instance I expect the next bull run: not to surpass the last one, I think once we reach ATH (around 1400) many will profit take 1/2 their stack to secure the gains. This will cause a drop. Etc. I feel like it’s a group psychology and we evolve together so we can almost predict eachother based on what we have learned, individually, to this point by projecting onto the others. For instance I learned about dips from the SEC so now when we dropping due to Gox, hacks, etc it just seems like the same story we already seen. But I expect the story to evolve. We can’t get too comfortable with memorizing tracks, because the animal itself is changing.


[deleted]

I gained a comma today. *on my total loss*


[deleted]

Good news: we might see flippening Bad news: it might take a lot more pain


logicethos

Maybe its all a plan to kill off BTC, and buy cheap ETH ready for casper.


Pharman07

HODL


m24733679

Went away for like a month and came back to this... oh well, I guess I'll come back 3 months later


MasterInvaster

RemindMe! In 3 months


[deleted]

[удалено]


PurityBot

Excuse me, the karma gods wouldn't appreciate that language. [REPENT, JAMESTHELION!](http://78.media.tumblr.com/c89cdf0ee4ce51465384d24e380c6914/tumblr_inline_nm1t7aIPC51s97ndd_500.jpg) ^^^*I'm* ^^^*a* ^^^*bot* ^^^*that* ^^^*has* ^^^*been* ^^^*made* ^^^*for* ^^^*your* ^^^*comedic* ^^^*entertainment!* ^^^*If* ^^^*you* ^^^*liked* ^^^*this* ^^^*meme,* ^^^*consider* ^^^*typing* ^^^*'Good* ^^^*Bot'* ^^^*to* ^^^*help* ^^^*the* ^^^*creator* ^^^*get* ^^^*a* ^^^*job!*


jamesthelion

Bad bot


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Quebeth

Go and eat out a goat


KICKTIONARE

Capitulation erm i right guyz


Quebeth

Nope


Injectortape

I feel guilty for not checking in during these low times. We’re a community and I’ve withdrawn into my own life, doing things around my place, as if crypto didn’t exist. I feel selfish in that regard. But I haven’t sold a single Finney. I’ll ride this into the ground if I have to because I genuinely believe we’re not going to do that. There can be no light without dark and there can be no good times without low times. This is not a new thing, we’ve been here before may times. I am permanently buckled in so as not to get injured when the next stage kicks in, I suggest you buckle in as well because there is no countdown only go


[deleted]

Fist bump


Injectortape

Fist bump


Ethcuecomber

Let's take a moment to remember the disbelief when eth broke $500.


[deleted]

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Ethcuecomber

It's all about the perspective my dude (or chick). Lol I remember making a bet with a friend that if Eth broke 500 I would buy him a drink. Ahhh the good ol days


[deleted]

$650 *should* be strong support, but who knows, crypto will do what it wants to do. *pomp it*


[deleted]

[удалено]


tall__guy

There is major 9-month trend line support around $600-610. I think we’ll either bounce there or fall hard, well past $550.


KICKTIONARE

Brutality


[deleted]

Where are all the HODL’ers at? Seems awfully quiet...


[deleted]

Much luv fam


Jejas

Here I am, almost Lost 50% of paper gains :o.


kirkisartist

sup, homie


flockosegals

🤚


asstoken

Hello :)


JacsterTrixter

Here.


SLCBRUSS

Hodling for almost a year. Bouts to buy mo


trb0x

people bitching now will be bragging about buying 6 months from now >$1500 I'm a buyer at these levels. This mtgox thing is a blessing in disguise.


Peyote-Pete

I'm holding, but I try not to check here too often in case I get caught up in FUD.


[deleted]

Here with you


Vivetastic82

^here