ramssuperbowl99 Posted November 23, 2018 Share Posted November 23, 2018 11 hours ago, jrry32 said: Are people still holding? Are all cryptos tanking? Technically, if prices go so low they are digging towards the center of the earth, that could still be on it's way to the moon. 3 Quote Link to comment Share on other sites More sharing options...
MacReady Posted November 23, 2018 Share Posted November 23, 2018 I'm ready to go down with the ship on what I've put in so far. If I sell, the next week it's back up into making a profit for me if I hadn't sold, so if I'm not getting that money, nobody is getting that money. But seriously, pretty sure it had a big dip last year only to go on its massive tear, right? There's still hope. Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 23, 2018 Author Share Posted November 23, 2018 Thinking about getting back in with these prices. Usually when something looks like it’s about to die is when it explodes. 1 Quote Link to comment Share on other sites More sharing options...
ET80 Posted November 23, 2018 Share Posted November 23, 2018 54 minutes ago, Outpost31 said: But seriously, pretty sure it had a big dip last year only to go on its massive tear, right? There's still hope. Is it? Quote Link to comment Share on other sites More sharing options...
jonu62882 Posted November 23, 2018 Share Posted November 23, 2018 HODL or die bros 1 Quote Link to comment Share on other sites More sharing options...
jrry32 Posted November 24, 2018 Share Posted November 24, 2018 9 hours ago, BayRaider said: Thinking about getting back in with these prices. Usually when something looks like it’s about to die is when it explodes. I believe you're thinking of suicide bombers, not securities. 1 Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted November 24, 2018 Share Posted November 24, 2018 26 minutes ago, jrry32 said: I believe you're thinking of suicide bombers, not securities. https://en.wikipedia.org/wiki/Denarius Quote It is difficult to give even rough comparative values for money from before the 20th century, as the range of products and services available for purchase was so different. Classical historians often say that in the late Roman Republic and early Roman Empire (~27 BC) the daily wage for an unskilled laborer and common soldier was 1 denarius (with no tax deductions) or about US$2.80 in bread.[13] During the republic (509–27 BC),[when?] legionary pay was 112.5 denarii per year (0.3 per day), later doubled by Julius Caesar to 225 denarii (0.6 per day), with soldiers having to pay for their own food and arms.[citation needed] Centurions received considerably higher pay: under Augustus, the lowest rank of centurion was paid 3,750 denarii per year, and the highest rank, 15,000 denarii.[citation needed] The silver content of the denarius under the Roman Empire (after Nero) was about 50 grains, 3.24 grams, or 1⁄10 (0.105ozt) troy ounce. On June 6, 2011, this was about US$3.62 in value if the silver were 0.999 pure. Uhh jrry you're obviously wrong. Quick history on the value of the Roman coin Denarius: Before 50 BC: Didn't really exist 50 BC - 200 AD: Went to the moon, then steadily came back down 200 AD - 1950 AD: Pretty much zero 1950 AD - Present day: Like a buck So bitcoin will probably be worth a dollar in like 2000 years tbh. 2 Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 24, 2018 Author Share Posted November 24, 2018 2 minutes ago, ramssuperbowl99 said: https://en.wikipedia.org/wiki/Denarius Uhh jrry you're obviously wrong. Quick history on the value of the Roman coin Denarius: Before 50 BC: Didn't really exist 50 BC - 200 AD: Went to the moon, then steadily came back down 200 AD - 1950 AD: Pretty much zero 1950 AD - Present day: Like a buck So bitcoin will probably be worth a dollar in like 2000 years tbh. Every currency will be worth a dollar in 2000 years since none of them will exist and will be novelty. USD will certainly be replaced as will all currencies. Cycle of life. Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted November 24, 2018 Share Posted November 24, 2018 1 minute ago, BayRaider said: Every currency will be worth a dollar in 2000 years since none of them will exist and will be novelty. USD will certainly be replaced as will all currencies. Cycle of life. Good counter point to my super serious post. 2 Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 24, 2018 Author Share Posted November 24, 2018 21 hours ago, Calvert28 said: At this point you really don't have a choice but to hold. If you wanna invest more into the market by studying it and working off the patterns then you could sell off some then buy it back if you're sure it's gonna go lower. Dollar cost averaging is the best method. Anytime it dips more than 10%, buy more. Your average buy in price becomes better and better. Although at this point I am fearful for crypto but perhaps these lows is what will finally cause the whales to return. Quote Link to comment Share on other sites More sharing options...
Calvert28 Posted November 24, 2018 Share Posted November 24, 2018 (edited) 8 hours ago, BayRaider said: Dollar cost averaging is the best method. Anytime it dips more than 10%, buy more. Your average buy in price becomes better and better. Although at this point I am fearful for crypto but perhaps these lows is what will finally cause the whales to return. I'm not worried about it. Blockchain has potential for real advancements and applications dealing with every day problems. It's more then just a petrock gimmick the Only thing we will see is the decrease in the different types of coins which are useless. Edited November 24, 2018 by Calvert28 Quote Link to comment Share on other sites More sharing options...
Heimdallr Posted November 24, 2018 Share Posted November 24, 2018 1 hour ago, Calvert28 said: I'm not worried about it. Blockchain has potential for real advancements and applications dealing with every day problems. It's more then just a petrock gimmick the Only thing we will see is the decrease in the different types of coins which are useless. The reason everything crashed is because we have been hearing that for so long and it just isn’t happening. 1 Quote Link to comment Share on other sites More sharing options...
Calvert28 Posted November 24, 2018 Share Posted November 24, 2018 2 hours ago, Heimdallr said: The reason everything crashed is because we have been hearing that for so long and it just isn’t happening. Yea has nothing to do with all the bad press from banks, tolitarion governments, who also try to ban it and tax the f$%k out of any person who invests in it. There's a reason governments are so resistant to it considering fads come and go all the time and this is one of the few things that has actually experienced serious backlash from world governments. Quote Link to comment Share on other sites More sharing options...
BayRaider Posted November 24, 2018 Author Share Posted November 24, 2018 3 hours ago, Heimdallr said: The reason everything crashed is because we have been hearing that for so long and it just isn’t happening. Did you expect everything to go up in just a year? A year is nothing. 1 Quote Link to comment Share on other sites More sharing options...
cddolphin Posted November 26, 2018 Share Posted November 26, 2018 On 11/22/2018 at 11:59 PM, jrry32 said: Are people still holding? Are all cryptos tanking? Of course you're holding.. Quote Link to comment Share on other sites More sharing options...
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