Talking stocks, trading, and investing in general

[budapest12]

^ That's more or less my "investment thesis" + Bitcoin Cash will effectively be replaced by LTC valuation-wise in the short/medium-term + must be ready at all times to stampede for the exits faster than all the other guys while hoping Coinbase doesn't crash in the process (4% chance of this happening according to plan). Set alarm each night at 20 minute intervals to check pricing.

 

[venividivicibj]

^ That's more or less my "investment thesis" + Bitcoin Cash will effectively be replaced by LTC valuation-wise in the short/medium-term + must be ready at all times to stampede for the exits faster than all the other guys while hoping Coinbase doesn't crash in the process (4% chance of this happening according to plan). Set alarm each night at 20 minute intervals to check pricing.

If you’re worried about Coinbase, just use gdax. Almost never closed.

 

[the shah]

If you’re worried about Coinbase, just use gdax. Almost never closed.

they're separate products owned by the same company

 

[the shah]

lol

http://metro.co.uk/2017/12/09/man-t...bitcoin-that-is-now-worth-74-million-7145361/

 

[venividivicibj]

they're separate products owned by the same company

Yes, but if you have an account with Coinbase, you can transfer over everything with no fees and don’t have to input any more info.

 

[budapest12]

^ And as I am discovering, you get a vastly superior platform (well, I say this not having used it yet, but if it performs as it should) and without a ridiculous $15,000 per week limitation on sales.

 

[idfnl]

Yes, but if you have an account with Coinbase, you can transfer over everything with no fees and don’t have to input any more info.

Does GDAX support IOTA?

 

[venividivicibj]

GDAX is just the big 3. Btc/Eth/Ltc. Can buy with USD/Euro or trade against the others.

 

[idfnl]

I dont understand why those 2 exchanges don't expand.

 

[budapest12]

I think on the one hand they want to be viewed as only facilitating trading in "quality" cryptos -- they are "serious" and "responsible". I don't really take a view on that concept one way or the other - they might want to be seen as discerning in an effort to stave off regulation as much possible.

It's also possible they own a ton of BTC, ETH and LTC. It's also possible as they expand that they don't really care -- capital will flow in and trades will take place at the same pace whether in 3 currencies or 20. Any which way they make money. Fewer currencies is less work.

Just some thoughts.

 

[venividivicibj]

GDAX is trying to build its rep as the most 'institutional' exchange, so it only traffics in the big boys and takes massive traffic. I think they do like $1 trillion a day or something stupid.

 

[idfnl]

LTC 185? Make that 233. I'm up 7x.

There are well established reputable coins like DASH, ARK, Monero an LISK that are unrepresented. In addition to that, they're holding my BCC which is bullshit.

 

[budapest12]

^ Yeah but they didn't have nearly the same market caps 6 months or a year ago -- I don't think these guys or anybody quite expected things to explode the way they did, in the way they did. It takes time to build that stuff out. I get your point but I get why they aren't in a hurry either. And yeah, I want my BCC (so I can sell it).

 

[budapest12]

I am mortgaging my kids and dog to buy more LTC.

 

[venividivicibj]

LARE (US Weed ETF) open Dec 26. Anyone going to be in on it? Wish we had some more options.