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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Feb 5

    After watching bitcoin for months I’m completely desensitized to 5% intraday swings. For the Dow? Biggest points drop ever. For bitcoin? Eh average Monday.

    4:11 PM - 5 Feb 2018
    • 9 Retweets
    • 65 Likes
    • Jesse Donoe Luke Hansen Michael Harrigan Roger Roman TSRHG Jᴀsᴏɴ Tᴀᴋᴇɴ ✈️ ⚖ Jameson Nuss Bill Broughton Crypto Cars ⚡
    8 replies 9 retweets 65 likes
      1. New conversation
      2. JJ 「cιtιƶεɳƒιvε」  🏴‍☠️‏ @CTZN5 Feb 5
        Replying to @AustenAllred

        yuppp. so i had a bitcoin alarm set back in like, 2013 or whatever, but i set it too sensitive and it was forever going off and i ignored it. anyway one weekend in the middle of the night everyone thought china banned bitcoin and also everything bitcoin related got ddos'd

        1 reply 0 retweets 1 like
      3. JJ 「cιtιƶεɳƒιvε」  🏴‍☠️‏ @CTZN5 Feb 5
        Replying to @CTZN5 @AustenAllred

        BITCOINWISDOM IS DOWN, ALL IS LOST

        1 reply 0 retweets 1 like
      4. JJ 「cιtιƶεɳƒιvε」  🏴‍☠️‏ @CTZN5 Feb 5
        Replying to @CTZN5 @AustenAllred

        anyway i ignored the alarm same as always and missed out on some craaazy trade movements. no further casualties, just opportunity loss. still tho

        1 reply 0 retweets 0 likes
      5. JJ 「cιtιƶεɳƒιvε」  🏴‍☠️‏ @CTZN5 Feb 5
        Replying to @CTZN5 @AustenAllred

        but yeah i'm with you. i looked at my manually-managed etrade portfolio since everyone was panicking and i'm just like, hmm wow yep, that is a lot of red

        1 reply 0 retweets 0 likes
      6. JJ 「cιtιƶεɳƒιvε」  🏴‍☠️‏ @CTZN5 Feb 5
        Replying to @CTZN5 @AustenAllred

        which means absolutely nothing to me really, same as it being up quite a bit a few days before in intraday meant nothing. i mean i *noticed* it but i don't daytrade this portfolio—that's not what it's for. it's not supposed to be liquid so its value is just a smoothed upward line

        1 reply 0 retweets 2 likes
      7.  🤖 Sonya Mann  🎀‏Verified account @sonyaellenmann Feb 5
        Replying to @CTZN5 @AustenAllred

         🤖 Sonya Mann  🎀 Retweeted  🤖 Sonya Mann  🎀

        yesssshttps://twitter.com/sonyaellenmann/status/960615093481365504 …

         🤖 Sonya Mann  🎀 added,

         🤖 Sonya Mann  🎀Verified account @sonyaellenmann
        Replying to @levynews
        imagine having a time horizon of one month for your investments
        0 replies 0 retweets 2 likes
      8. End of conversation
      1. InvestorDeck‏ @InvestorDeck Feb 5
        Replying to @AustenAllred

        More like a coffee break

        0 replies 0 retweets 1 like
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      1. Ryan Jenkins‏ @RyanTheJenks Feb 6
        Replying to @AustenAllred

        With stock I'd say "The stock is on sale, it's a great time to buy." W/ Bitcoin there's no inherent value (compared to a company w/ revenues, products, etc.) other than the idea that "crypto is the future". All just currency i̶n̶v̶e̶s̶t̶i̶n̶g̶ speculation right now.

        0 replies 0 retweets 0 likes
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      1. Perez Holden‏ @cygdes Feb 5
        Replying to @AustenAllred

        HODL

        0 replies 0 retweets 0 likes
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      1. Ash Suraz‏ @Superhero_you Feb 5
        Replying to @AustenAllred

        Even if bitcoin lost or gained 90pct value, it is a buy. Always a buy. Remember Amazon 20 years ago.

        0 replies 0 retweets 0 likes
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      1. Stephen Pimentel‏ @StephenPiment Feb 5
        Replying to @AustenAllred

        5% is normal for the Dow also. Historically, it's happened every 90 to 120 days.

        0 replies 0 retweets 0 likes
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