The Bitcoin Thread

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this rollercoaster is sooo tiring, at this point if i can just get my money back then ill be cool with that
 
I have no choice but to unfortunately.

I planned on buying when/if it hits $10-11k. I have no doubt this is a much needed correction before shooting through 20k.

Listen, I dont bet my house or anything. Its always been gambling money.
 
Chris_the_Brit said:
You crazy to be buying now, I think. Mainstream media is having all these 'I told you so' articles on BitCoin and the noobs are getting scared. Could very well go down even further.
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there is no better time to buy.
 
Chris_the_Brit said:
You crazy to be buying now, I think. Mainstream media is having all these 'I told you so' articles on BitCoin and the noobs are getting scared. Could very well go down even further.
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I think it's more people cashing out for Xmas.
BTW Luno really shady with their pricing.
 
Anyone know what's happening with altcointrader? I get no reply to support tickets for over a week now.
 
mmmig said:
I think it's more people cashing out for Xmas.
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Or people just cashing out. I know a few who jumped in a week ago at around R250k and now just want to get back the money they put in and never touch cryptos again. I assume that this is happening on exchanges all around the world so the climb back up will be tough. To get back to R300k might take a month or two.
 
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Rinse and repeat folks
 
You guys can buy with credit card on cex if you want to buy so badly. I see it stabilising at 2k to 3k gout out with my 580 percent profit will invest again after Christmas if there is anything left.
 
Yup it’s market correction. Everyone is saying omg you made 1000% this year but taking that image into account. You actually lost if you went in 2010
 
Noseworthy said:
Rinse and repeat folks
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The difference between now and all the other times is that in the last month or so it has become something that anyone and everyone is getting into. Previously nobody really bothered about crypto. I read news etc. and I only actually started following what was going on from June this year after the high of $3k when it started to become a news topic. Before that it wasn't even in the picture, not only for me, but for many others.
 
People that "hedge" and "diversify" bitcoin with other cryptos got taught a serious lesson today. Crypto coins are heavily correlated with each other.
 
Knyro said:
People that "hedge" and "diversify" bitcoin with other cryptos got taught a serious lesson today. Crypto coins are heavily correlated with each other.
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you will find with most shocks, that everything is correlated when going down
 
Sold at 260k and kinda broke even. Pity how its going pear shaped
 
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