Bitcoin Thread

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*SynergyX* said:
if and when this penetration happens it will be orgasmic...lots of pent up frustration building.;)
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I'm waiting for the penetration. Once we go past $11k and hold there for a little while there will be a lot of FOMO buying on Luno which will take us to R135k easily.
 
I'm surprised Luno is so dead. 24 hour volume of 530btc and we on a 3 week high. I'd expect a lot more trading. In November/December the daily volume was consistently over 1000btc.
 
SaiyanZ said:
I'm surprised Luno is so dead. 24 hour volume of 530btc and we on a 3 week high. I'd expect a lot more trading. In November/December the daily volume was consistently over 1000btc.
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The FOMOs have left.
 
biometrics said:
Go ahead, quote them.

Funny, you didn't believe knyro for many months when he was telling you to buy. Now you're a believer.
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A suave investor is initially cautious...

Lol. They were all quoted in the other thread...MAX PRICE PREDICTIONS FROM BIO: $2000, $3000, $4000, $5000. I think you stopped at $5000 once everyone in the other thread started laughing at you.
 
Chris_the_Brit said:
A suave investor is initially cautious...

Lol. They were all quoted in the other thread...MAX PRICE PREDICTIONS FROM BIO: $2000, $3000, $4000, $5000. I think you stopped at $5000 once everyone in the other thread started laughing at you.
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No you didn't believe him.

I never stopped Chris. And your numbers are wrong, as usual. Go ahead, QUOTE ME.
 
*skims a couple of pages*

What the fark have I missed here, bio and dj swapping hd porns of MAX penis eating due to fomo thats left but no one believed him:eek:
 
Temujin said:
*skims a couple of pages*

What the fark have I missed here, bio and dj swapping hd porns of MAX penis eating due to fomo thats left but no one believed him:eek:
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I'm definitely going to have a good laugh if my thumb suck is closer than his prediction, my guess is he bought at a ATH and lost out big time and is now a huge hater of BTC.
 
SA bitcoin enthusiasts undeterred by volatility

An apparent implosion in cryptocurrency prices early this year and on-going price volatility have done little to deter South African traders, investors and enthusiasts alike.

Bitcoin, the largest cryptocurrency by market share, surged more than 900% last year to peak just below $20 000 in December only to fall drastically in the new year. In January alone, the cryptocurrency’s market capitalisation fell by more than $44 billion amid concerns over new regulations in South Korea, a proposed ban on trading in India, an investigation into a US exchange and a Facebook ban on digital currency adverts.

Cryptocompare shows rand activity in the bitcoin market spiked amid uncertainty with a more than R6 billion – a record high monthly volume – being traded in January. Local exchange Luno, which according to Cryptocompare, facilitates some 97% of rand-denominated trades, recorded one of the highest trading volumes in the rand-bitcoin pair during the period.

The exchange would not reveal the value of rand deposits or withdrawals over the period but it appears not all trades saw bitcoin holders taking their money (or what was left of it) and running. “Generally speaking, whenever there’s a big upswing in prices — as we saw in November and December — there is a big increase in customer deposits. That said, the data doesn’t show that rand withdrawals increase by the same amount during downturns — as happened over the past few weeks,” said Werner van Rooyen, head of marketing and growth at Luno.
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