Bitcoin Thread

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I think we've gone up (or recovered) too high too fast, therefore we might go down? What do you guys think?
 
Sly21C said:
I think we've gone up (or recovered) too high too fast, therefore we might go down? What do you guys think?
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Yes, one more dump to shake out the final weak hands... but not yet though, another k or 2
 
Sly21C said:
I think we've gone up (or recovered) too high too fast, therefore we might go down? What do you guys think?
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lol:crylaugh: not sure if serious....

8400 is another significant resistance zone....but i think we will smash it
 
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It seems FOMO has kicked in. If resistance lines keep on giving way like this, things will start looking good. But realistically, I would think we would see a bit of brakes before passing $9000....
 
balrog said:
It seems FOMO has kicked in. If resistance lines keep on giving way like this, things will start looking good. But realistically, I would think we would see a bit of brakes before passing $9000....
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also i hope we dont lose the 8000 level again...
 
CryptoserA said:
livecoinwatch.com
is also different.
It's because each website uses a different set of exchanges to aggregate data.
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Actually they show which exchanges and what volume, but even different stats with the same exchange;
info probably grabbed at different times...
 
Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say



Cryptocurrencies could go on a bull run greater than last year and pass the trillion-dollar mark in terms of value, experts told CNBC, following a recent violent sell-off across digital coins.

Bitcoin has seen a huge fall in recent days, dropping below $6,000 for the first time since mid-November. On Wednesday, it was trading above the $7,000 level as the cryptocurrency market stabilized.

At its lowest point on Tuesday, the total cryptocurrency market saw over $550 billion wiped off its value. But industry insiders see another rally ahead.

"Increasing regulatory recognition of cryptocurrency exchanges, the entrance of institutional capital and major technology developments will contribute to the market's rebound and push cryptocurrency prices to all new highs this year," Thomas Glucksmann, head of APAC business development at cryptocurrency exchange Gatecoin, told CNBC by email on Tuesday.

"There is no reason why we couldn't see bitcoin pushing $50,000 by December."

The technology advancements Glucksmann referenced include bitcoin's so-called Lightning Network, which would boost the very slow transaction speeds using the cryptocurrency.
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https://www.cnbc.com/2018/02/07/bitcoin-price-could-hit-50000-this-year-experts-say.html

:wtf: No btc fud from cnbc... guess ver didn't send them a cheque this week
 
I sold about 25% of my BTC this morning at R104k when it was testing $8k and looked like dropping below again. Didn't expect this surge to over $8500 so soon.
 
Deadmanza said:
Bought at 6200$ so this is slow but steady gains for me :)
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Good entry, well done! I think my last fiat purchase of Bitcoin was at R47k on Luno. Now I'm just re-investing BTC profits into ICO's and other alts. I don't see myself buying any more BTC with fiat in the short to medium term - not necessary. Actually cashing out some crypto profits to fiat now and again for some meat-space home reno projects :)
 
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