Bitcoin Thread

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Damac10

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Imagine just as Bitcoin **** the bed and dropped $5000 these articles miraculously appear ....hmmmm no shilling detected ...
 
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Swa

Swa

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Just like those exchanges magically going off-line when something big is about to happen.
 
saor

saor

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Swa said:
Good call. If we reach 30k again it's all the way down.
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Why do you keep on making these outlandish predictions for a price drop?
"$5000..."
"All the way down..."

It's almost as bad as the constant moonbois.

You seriously think the odds are good of bitcoin doing this:

ff.png
 
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Sensorei

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Swa said:
Good call. If we reach 30k again it's all the way down.
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That was posted literally just as we dipped. I know because I bought the dip perfectly at the bottom 4 minutes later at 12:16. Perfection!


Screen Shot 2021-01-06 at 08.27.04.png
 
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Sensorei

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NarrowBandFtw said:
brave man, trading USDT pairs with the rumours that it might go the way of XRP :)
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Rumours and crypto hey... The Tether and SEC story has come up every few months since 2017. There's been fud and media hype around USDT-BTC price manipulation and it not being backed by USD reserves since it's inception. As for being a security, nothing has changed. But yes thanks, there's always a small risk to be aware of and I definitely won't leave money in USDT long term.

There is not enough liquidity on local exchanges and prices are inflated. I also don't want the risk of SARS meddling in local exchanges with new regulations. The trading fees on Binance are pretty low and definitely worth paying.
 
Swa

Swa

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Speedster said:
Maybe quote one prediction on this thread where you were correct?
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Why do you want predictions? Look at the charts, they confirm it. Every time we hear these moon fanboys when it goes high it eventually drops to the bottom. Bitcoin has been trading at the bottom more than it has at the top.
 
Speedster

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Swa said:
Why do you want predictions? Look at the charts, they confirm it. Every time we hear these moon fanboys when it goes high it eventually drops to the bottom. Bitcoin has been trading at the bottom more than it has at the top.
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So you haven't been right once?
 
saor

saor

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Swa said:
Why do you want predictions? Look at the charts, they confirm it. Every time we hear these moon fanboys when it goes high it eventually drops to the bottom. Bitcoin has been trading at the bottom more than it has at the top.
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"Eventually drops to the bottom."

You do realize your 'bottom' is still 5k? Your logic should put the bottom at 0. But it's not. Because the price, despite heavy pullbacks, continues to increase. You seem to totally ignore the constant 'higher lows' phenomenon, even if it takes a long time to establish those new higher lows. Your magical pessimism doesn't seem to account for any of that.
 
Swa

Swa

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Speedster said:
So you haven't been right once?
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You realise it's visited the $3k region many times since 2017? Also traded in the $6-8k region for a long time. But somehow you just seem to overlook that.

saor said:
"Eventually drops to the bottom."

You do realize your 'bottom' is still 5k? Your logic should put the bottom at 0. But it's not. Because the price, despite heavy pullbacks, continues to increase. You seem to totally ignore the constant 'higher lows' phenomenon, even if it takes a long time to establish those new higher lows. Your magical pessimism doesn't seem to account for any of that.
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Bottom does not have to be 0. Oh not this "higher lows" and "no lower lows" carp again...
 
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Sensorei

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Speedster said:
So you haven't been right once?
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Exactly. He totally missed out on this whole bull run despite being active in this crypto sub forum for years. I would also be a bit sour if I'd lost a lot of money and then missed the big ticket..
 
Swa

Swa

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Sensorei said:
Exactly. He totally missed out on this whole bull run despite being active in this crypto sub forum for years. I would also be a bit sour if I'd lost a lot of money and then missed the big ticket..
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So unlike the sour grapes we've been constantly hearing from for the last 3 years? You realise it's only a 75% return so I haven't missed out on anything. Every time it's reached a high it's been predicted that there will be a huge fall again. Those predictions have been spot on and I've even made a few of them in here.
 
duderoo

duderoo

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Swa said:
So unlike the sour grapes we've been constantly hearing from for the last 3 years? You realise it's only a 75% return so I haven't missed out on anything. Every time it's reached a high it's been predicted that there will be a huge fall again. Those predictions have been spot on and I've even made a few of them in here.
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Why not ride the high and dump and repeat, 75% nothing shy away from.
 
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