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2017-2018 cbb

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Captain
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Posted: #1101
and MODS,

thank you kindly for deleting poolie's posts/plays from my thread; it was becoming a little much

I appreciate it 
 
Captain
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Posted: #1102
OLYMPIQUE MARSEILLE -128
$  
1000
$  
781.25


on road, but form last 5 is great with 4 wins and a draw, while Caen last 5 is 3 losses a draw and a win but vs bordeaux. marseille near top of the table in the champs league group qual. spot, they'll not want any space to be created between them and the 2 above.

look for a 2-0 win on the road
 
Captain
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Posted: #1103
there is an approx $1MM limit order at $1.51 for XRP on Kraken right now. not $1MM on the sell side until bck above $1.65-1.70 range. Looks like significant buying pressure at the $1.50 level, maybe forming support.

I am a buyer of 10,000 XRP at $1.52 right now
 
Prospect
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Posted: #1104
This was a post a read the other day and was wondering your thought on this. I'm new to investing and trying to learn as I go.

I agree with you 100% but while I can not argue with anyone investing 1% or 2% of their net worth in crypto currencies, why not invest in the technology (blockchain) as well? I don't have a penny in any crypto currency, but I did make a post somewhere on this site about IBM. They are heavily invested in blockchain and they have software and hardware to support blockchain in a multitude of uses (not just as a store of value, which is what cryptos are right now). IBM was around $151 when I made that post two or three months ago. Now it's $164. That's worth about 5K in profits to me right now on a 60K position in IBM and I surely would not feel comfortable with that much money in any crypto currency. I just think the risk in crypto at the current time is to the down side...just my opinion of course.
 
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Posted: #1105
Quote Originally Posted by StatsNotEmotion:

This was a post a read the other day and was wondering your thought on this. I'm new to investing and trying to learn as I go.

I agree with you 100% but while I can not argue with anyone investing 1% or 2% of their net worth in crypto currencies, why not invest in the technology (blockchain) as well? I don't have a penny in any crypto currency, but I did make a post somewhere on this site about IBM. They are heavily invested in blockchain and they have software and hardware to support blockchain in a multitude of uses (not just as a store of value, which is what cryptos are right now). IBM was around $151 when I made that post two or three months ago. Now it's $164. That's worth about 5K in profits to me right now on a 60K position in IBM and I surely would not feel comfortable with that much money in any crypto currency. I just think the risk in crypto at the current time is to the down side...just my opinion of course.

I look forward to hearing some thoughts on this.  I have been sitting on the fence with Crypto's right now, with a big chunk of cash sitting in escrow.

I am concerned we are in the euphoria stage of this market with people waiting on long lists to get their accounts set up. I could certainly see that as a "buying frenzy" with everybody and their brother trying to not  miss out on this Crypto rage.  These are all typically signs of a pending Crash with all of the novice's that are late to the party losing a lot of cash and then getting scared and taking their losses,  which sends the market even further down.  This seems to be what happens so often when there is a buying frenzy.  Any thoughts?

Also, seems that XRP has total control over their price right now with all of the shares they have to sell.  Somebody is getting rich, but what is really driving the market and who really controls your ability to get in and out of this market.....that loss of control really concerns me if you have $100,000 or more in this market and it starts going south.  I would really like to join a forum or discussion group just for Crypto's so I can get my head around this a little better.  Also, I would consider an Investment Group or CIT (Crypto Investment Trust) similar to a REIT (Real Estate Investment Trust).  I am sure there might be someone already doing this.  Maybe Pederson would know.

Pederson thanks for keeping this thread alive and allowing this dialog on Crypto's.   Seems there is a lot of interest.
 
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Posted: #1106

FWIW, IBM crashed and burned today. Strong earnings. Street took it's money and drove the price down about 4.5%. So, while "shovels" is an interesting, albeit convervative take on emerging technology, it's not sure-fire, by any stretch.

I would say for those waiting on the edge of the crypto pool, start the verification process at a minimum. You've nothing to lose. At least you'll be ready to dip your toes, when and if you're ready.

Here's one of the best reads I've come across lately, well worth the time:

https://www.nytimes.com/2018/01/16/magazine/beyond-the-bitcoin-bubble.html

Helps pull the curtain back and may help making a decision whether this is something in which to invest.

Crypto is here. Now, it's just a matter of wading through some of the noise.

Full disclosure: my retirement money is doing quite well in index funds. I don't plan on changing that anytime soon. But the money I have in coins? Hopefully that'll just fund my post-retirement country club fees.

 

 

 
Prospect
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Posted: #1107
I believe that $1.50 will be the support line for XRP for the near future. It was very close to the 50-day average when it went down, but I don't expect it to fall much further. 

Yes, the circulation amount is high on XRP, but it is still gearing to be the crypto that'll be used by the banking industry. In that sense, it is worth holding a good number of it and wait until the end of this quarter to better gauge the value of this coin. The resistance level, IMO, will be around $2.10 or so come next month.
 
Captain
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Posted: #1108
Quote Originally Posted by StatsNotEmotion:

This was a post a read the other day and was wondering your thought on this. I'm new to investing and trying to learn as I go.

I agree with you 100% but while I can not argue with anyone investing 1% or 2% of their net worth in crypto currencies, why not invest in the technology (blockchain) as well? I don't have a penny in any crypto currency, but I did make a post somewhere on this site about IBM. They are heavily invested in blockchain and they have software and hardware to support blockchain in a multitude of uses (not just as a store of value, which is what cryptos are right now). IBM was around $151 when I made that post two or three months ago. Now it's $164. That's worth about 5K in profits to me right now on a 60K position in IBM and I surely would not feel comfortable with that much money in any crypto currency. I just think the risk in crypto at the current time is to the down side...just my opinion of course.

IBM is NOT heavily invested.  They have invested tens of millions into possibly using blockchain and have a beta test with Stellar/XLM, which could become a huge partnership, hwoever saying they are HEAVILY invested is completely misleading.  IBM is a mega cap company that does thousands of transactions daily itself and would benefit greatly from using blockchain, hwoever they are not HEAVILY invested. They are HEAVILY invested in AI with billions in money invested there.  Tens of millions is a drop in the bucket honestly.  I am a buyer of IBM here, after this drop, simply based on value and cash flow, i.e. the dividend, dividend coverage and dividend growth.  I won XLM to get the exposure to the blockchain aspect
 
Captain
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Posted: #1109
Quote Originally Posted by In2it:


I look forward to hearing some thoughts on this.  I have been sitting on the fence with Crypto's right now, with a big chunk of cash sitting in escrow.

I am concerned we are in the euphoria stage of this market with people waiting on long lists to get their accounts set up. I could certainly see that as a "buying frenzy" with everybody and their brother trying to not  miss out on this Crypto rage.  These are all typically signs of a pending Crash with all of the novice's that are late to the party losing a lot of cash and then getting scared and taking their losses,  which sends the market even further down.  This seems to be what happens so often when there is a buying frenzy.  Any thoughts?

Also, seems that XRP has total control over their price right now with all of the shares they have to sell.  Somebody is getting rich, but what is really driving the market and who really controls your ability to get in and out of this market.....that loss of control really concerns me if you have $100,000 or more in this market and it starts going south.  I would really like to join a forum or discussion group just for Crypto's so I can get my head around this a little better.  Also, I would consider an Investment Group or CIT (Crypto Investment Trust) similar to a REIT (Real Estate Investment Trust).  I am sure there might be someone already doing this.  Maybe Pederson would know.

Pederson thanks for keeping this thread alive and allowing this dialog on Crypto's.   Seems there is a lot of interest.

 
Captain
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Posted: #1110
marseille up 2-0  
 
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Posted: #1111

Damn Bro! You & Finster know every sport.

 
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Posted: #1112

Great pick on soccer tailed you on it. Thanks

 
Captain
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Posted: #1113
in2it, the euphoria has passed....pigs get slaughtered and all those people that sprinted to get in and then got in as the rise was occuring and/or the top happened, they all got punched in the face and knocked out...those are the emotional, mal-informed public..... rather, the informed, logical, unemotional beings, such as myself and maybe you, bought, hold, dollar cost average down, trade, etc etc ...do everything except panic....we are still in blockchains infancy and the infancy of trading levels....at this point, it's a matter of researching and diversifying across a few cryptos that most likely will succeed....i.e. ether, xrp, xlm, bitcoin cash, litecoin, etc...create your own basket of those like you would a stock portfolio
 
Captain
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Posted: #1114
Quote Originally Posted by fitchris562:

Damn Bro! You & Finster know every sport.


i've been doing this a looooooooong time
 
Prospect
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Posts: 68
Posted: #1115
More picks pederson! 
 
Prospect
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Posted: #1116

whats your thought on litecoin?

 
Captain
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Posted: #1117
Quote Originally Posted by Haroldo69:

whats your thought on litecoin?


eh...ok

better than some, worse than others...I do like the active founder/developer constantly updating program and algorithm and despite selling all of his holdings, so he says, his desire to continually improve it and find application for it.... I'd buy a small position for long term and trade it , as I have done in the past.

not nearly as effective as ether though....or xrp....or the copycat of xrp xlm
 
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Posts: 782
Posted: #1118
Great call on Marseille! I was all over it! Thanks!
 
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Posted: #1119
Looking at any baskets tonight Ped?  
 
Captain
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Posted: #1120
Quote Originally Posted by whisperman:

Looking at any baskets tonight Ped?  

yes, shortly 
 
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Posted: #1121
Hey Pederson....do you still feel good about using Kraken after some of the problems last week and being down so long?  Any information or experience with Bitstamp for buying XRP?  Those are the only 2 places to buy that I am aware of.

Thanks!!!
 
Prospect
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Posted: #1122

Pederson, been doing this a long time as well but I am very impressed with your insight. Will continue to follow and thank you for your generosity! Sent friend requestan_worship

 
Captain
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Posted: #1123
Quote Originally Posted by In2it:

Hey Pederson....do you still feel good about using Kraken after some of the problems last week and being down so long?  Any information or experience with Bitstamp for buying XRP?  Those are the only 2 places to buy that I am aware of.

Thanks!!!

i love kraken now...it is so freaking fast now...absolutely night and day compared to before....yes, the 3 days down was unnerving and frustrating, however whatever update they did really worked...no ore lag time, no more order issues, no more cancelled orders when placed correctly, no more wondering if an order exercised for minutes, no more loading issues, etc etc etc....it's fantastic now.
 
Prospect
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Posts: 206
Posted: #1124
Quote Originally Posted by pederson16:


i love kraken now...it is so freaking fast now...absolutely night and day compared to before....yes, the 3 days down was unnerving and frustrating, however whatever update they did really worked...no ore lag time, no more order issues, no more cancelled orders when placed correctly, no more wondering if an order exercised for minutes, no more loading issues, etc etc etc....it's fantastic now.

Love the fact that it takes you to the TradingView charts with a click of a button too. Much, much better now. They only need to add a few more altcoins.
 
 
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Posts: 15
Posted: #1125

Hey, pederson could you accept my friend request. Got some questions about the stock market. Maybe you can take me on as a client? Been doing some trading of my own. I also have amazon stocks as I am an employee there.. Thanks I appreciate it

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