Bitcoin Thread

[4cer]

hmmm interesting .....i see settlement price is just above 9k.

Last time they closed on the 17th of January, the price dropped from 14k on the 16th to under 10k by midday the 17th, so highly possible we see some upturn after they close out.

 

[balky]

Did you think it will last?

Bitcoin is going through a rough patch, like it has many times before, and each time it did, someone said "Did you think it will last?"

 

[gripen5221]

Here we go!

Just watched the $8600 support crumble!

 

[biometrics]

[video=youtube;g6iDZspbRMg]https://www.youtube.com/watch?v=g6iDZspbRMg[/video]

 

[biometrics]

Bitcoin is going through a rough patch, like it has many times before, and each time it did, someone said "Did you think it will last?"

So do you think it will go past $20k?

 

[handyman007]

She's bleeding now...

 

[biometrics]

She's bleeding now...

Just HODL guys, to the moon, lambos!

 

[GoB]

Just HODL guys, to the moon, lambos!

What's plan B for Lambo?

 

[biometrics]

What's plan B for Lambo?

Second hand.

 

[*SynergyX*]

im short short short -- targeting ~8500'



just a note -- we should get swings either way this week i.e (aproximates) 8770 --> 9470 --->9050--->9400 ---> 8800 etc , but ultimately i see it going lower.
stops in place as always -- remember if you think you can win em all you doing it wrong

target hit ---> and then some.

stop is now 8500

 

[SaiyanZ]

So do you think it will go past $20k?

Depends if you believe that big players will let a $300 billion money making machine market fail. Shorting will only work for a little while and just shrink the number of players and the market. The only way people will make big money is if the price goes up.

 

[biometrics]

Depends if you believe that big players will let a $300 billion money making machine market fail. Shorting will only work for a little while and just shrink the number of players and the market. The only way people will make big money is if the price goes up.

The price only goes up when there's new money entering the system.

 

[balky]

So do you think it will go past $20k?

Yes

 

[biometrics]

Yes

I don't.

 

[etienne_marais]

I don't.

I have my doubts as well.

 

[SaiyanZ]

The price only goes up when there's new money entering the system.

And that will happen once it get's pushed up to $15k again. It doesn't take much to push the price up or down. Just need a few big players to push it in either direction and it snowballs as people jump on the trend. The price has tanked many times over several years and new money kept coming in when it started climbing afterwards. It will be even more so now as you can be sure that it will be plastered all over the news. "Bitcoin up 20% in 1 day", etc. Then people will get greedy again and we'll reach new all time highs as the cycle repeats.

 

[SaiyanZ]

I have a feeling that everyone that sold below R108k on Luno and haven't got back in yet are about to get rekt shortly. Over 100 volume of BTC traded below there in the last few hours but the current supply below R108k is only about 10BTC. So not enough BTC for everyone.

 

[Temujin]

I have a feeling that everyone that sold below R108k on Luno and haven't got back in yet are about to get rekt shortly. Over 100 volume of BTC traded below there in the last few hours but the current supply below R108k is only about 10BTC. So not enough BTC for everyone.

Soon to be like this


meh, not playing, f it

 

[voldoverse]

oops wrong place haha

 

[gripen5221]

“Liquidated long on XBTUSD: Sell 5,798,446 @ 8520.5 BEYOND GODLIKE x21” from Bitmex

You play with fire, you likely to get burnt!