The Bitcoin Thread

[etienne_marais]

I think I missed it. HitBTC has a BTC account and a Trading BTC account.

I moved everything to the main account out of the trading account as I thought that is where it should be

 

[SaiyanZ]

BTC back in the dogbox.

 

[L10Yn]

Check the ideas on Tradingview. Most people think that it's on its way down to below $10k.

https://www.tradingview.com/symbols/BTCUSD/

These people have been saying it's going down to 8 - 9k since after the last dip on the 22nd

 

[JerryMungo]

So will a more efficient BTC be a reality? Given that a big chunk of the Chinese mines aren't supporting a forked coin, will they forever stick it to BTC?

 

[Defiance93]

Is this the end of the high values cryptocurrencies currently hold? And now that Korea has banned it, will other countries follow suit?

Surely many will panic sell.

 

[Shelley cKay]

Is this the end of the high values cryptocurrencies currently hold? And now that Korea has banned it, will other countries follow suit?

Surely many will panic sell.

South Korea has not banned cryptocurrencies. They are closing anonymous cryptocurrency exchange accounts

 

[The Voice]

South Korea has not banned cryptocurrencies. They are closing anonymous cryptocurrency exchange accounts

Indeed, they're regulating it, which is what caused the major hit on the currency apparently.

 

[JerryMungo]

^^Following China's lead I see.

 

[voldoverse]

how far do yall reckon btc will drop before picking up speed again?

 

[Moosedrool]

is dropping fast now.

 

[Edelweiss]

I rate now is a good time to buy BTC as it is steadily dropping. You get more value for your cash.

Hope it picks up soon though.

 

[Anony-mousse]

lost all hope in crypto, closed all my positions and revert back to traditional investments. the bubble is about to burst, it's not stabilising nor recovering, just continuously dropping... no point waiting it out.

 

[backstreetboy]

lost all hope in crypto, closed all my positions and revert back to traditional investments. the bubble is about to burst, it's not stabilising nor recovering, just continuously dropping... no point waiting it out.

Don't let the door hit you on the way out...

 

[Hendrix]

lost all hope in crypto, closed all my positions and revert back to traditional investments. the bubble is about to burst, it's not stabilising nor recovering, just continuously dropping... no point waiting it out.

It’s correcting....
Enjoy the real world

 

[JerryMungo]

lost all hope in crypto, closed all my positions and revert back to traditional investments. the bubble is about to burst, it's not stabilising nor recovering, just continuously dropping... no point waiting it out.

Lost hope? Jeesh lol. 24 hour movers by % below:

That said, you have to be on your toes a little more with short term crypto trading.

 

[Anony-mousse]

Don't let the door hit you on the way out...

Don't let reality bite you

 

[JerryMungo]

Don't let reality bite you

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

 

[Adenoid Hynkel]

South Korea has not banned cryptocurrencies. They are closing anonymous cryptocurrency exchange accounts

They are actually banning the use of virtual bank accounts that can be used for deposits and withdrawals, not exchange accounts.

Media just spreading FUD again.

 

[Dimpie (JIGSAW)]

 

[saor]

lost all hope in crypto, closed all my positions and revert back to traditional investments. the bubble is about to burst, it's not stabilising nor recovering, just continuously dropping... no point waiting it out.

Continuously dropping?

I don't understand how anyone looks at the price of Bitcoin in the last month (it doubled in price!) and expects it to continue. What Bitcoin is doing right now is considered a healthy part of any market.

You shouldn't have put hope into crypto or any investment to begin with. You shouldn't have been opening positions at these all time high prices the last few weeks.