Bitcoin Thread

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I'm surprised that there is no mad selloff on Luno today. Normally people here overreact considerably but today we have been tracking the USD price almost perfectly. I guess people got burned by selling low on Friday just before the price bounced from R85k to R100k almost instantly. So they don't want to make the same mistake twice.
 
Once it reaches a pleatau, i`d like to put the graph next to gartner`s hype cycle. If it survives at all...
 
I'm surprised that there is no mad selloff on Luno today. Normally people here overreact considerably but today we have been tracking the USD price almost perfectly. I guess people got burned by selling low on Friday just before the price bounced from R85k to R100k almost instantly. So they don't want to make the same mistake twice.

As said earlier, its good news and should start moving in right direction... the panic sellers and weak hands are gone, anyone still hodling will continue to, if they haven't sold off by now odds are they won't. Basically just day traders and whales picking up the scraps now. And luno is so friggen dead atm its not worth the risk to try do anything
 
Many here are confident that this is the end of BTC. LOL

Who are these "many here" you are referring to? Can they raise their hands, please? If they believe so, then investing in crypto is definitely not for them.

Anyway - here is some good reading. Once this is over and there is clarity from the SEC, and large institutional investors and ETF's get the go-ahead for trading BTC, expect BTC price to go up quick and hard:

https://seekingcryptos.com/2018/02/...itcoin-cryptocurrencies-tuesday-february-6th/
 
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Just looked at blockfolio, and Bitcoin is up 2% in 3 months. It's rough people!
 
Just looked at blockfolio, and Bitcoin is up 2% in 3 months. It's rough people!
Hopefully a lot of people here sold near the top and can buy back in now....or when the bottom settles.
 
Hopefully a lot of people here sold near the top and can buy back in now....or when the bottom settles.
I hope those who bought at $20k will wait instead of selling as they risk losing way more.
 
I hope those who bought at $20k will wait instead of selling as they risk losing way more.

Yeah it's touch and go at the moment as we on a 3 month low on Luno. The price can take off at any moment if the whales decide. I think that we need to break through the $7500 wall now though to have a strong enough buy-in to take us over $8000 again.
 
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