Bitcoin Thread

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How about a single 1min candle that dropped the price by 4.9% on Bitmex.

There shall be blood on the market floor today.
 
Every floor is painted red whichever way you look. Blood everywhere. not sasol not stock, not bitcoin. I am glad my 7200k range was passed and we are now in the range of 5k that i was looking at buying - but - I want to see $5300 to believe it (Actually scratch that, let me be greedy - $4300 is what I want to see) - more blood :popcorn:
 
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phly said:
Every floor is painted red whichever way you look. Blood everywhere. not sasol not stock, not bitcoin. I am glad my 7200k range was passed and we are now in the range of 5k that i was looking at buying - but - I want to see $5300 to believe it (Actually scratch that, let me be greedy - $4300 is what I want to see) - more blood :popcorn:
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Nearly sub $6000.could be $3000 by tonight at this rate
 
airborne said:
What fundamentals are causing the plummet, the pump and dump crew?
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Retail panic finally entering the markets. Times like these, people tend to hold onto as much physical cash (or Gold for those adventurous among us) on hand as possible lest the investment is eroded.

Equities wiped out +- 20% in US, +- 25% in Europe and +- 18% in Asia...retail clients start selling whatever liquid "assets" they hold to mitigate...Bitcoin is just another victim.
 
airborne said:
What fundamentals are causing the plummet, the pump and dump crew?
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When markets are in a pinch liquidity decreases. You don't sell because you want to sell but because you have to sell and you sell what you can sell at whatever price you can get. People go for the most liquid assets like BTC and gold.
 
Selling into gold would have also been costly. It also dumped all day today. Nowhere is safe. Safe havens are no longer safe. Only thing that seems to stand out of all this is the dollar and its strength. As much as people hate trump. He is a business man and he is defending and propping up the dollar at every turn.
 
phly said:
Selling into gold would have also been costly. It also dumped all day today. Nowhere is safe. Safe havens are no longer safe. Only thing that seems to stand out of all this is the dollar and its strength. As much as people hate trump. He is a business man and he is defending and propping up the dollar at every turn.
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Dollar is only stronger against other weaker currencies. Their stock market tells the real story.
 
I see ETH crashed on luno and someone picked up some 0.01 to a BTC
 
Swa said:
$7k coming. Then $4k.

Amazing how some have popped up calling this a bullish bottom with the halving looming. Sometimes the mind just
Boggle.jpg
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4cer said:
Still waiting ;-)
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