The Bitcoin Thread

[scud]

Hope the price will start to crawl upwards again slowly over the next month. Otherwise I think we will start to lose too many new traders who make losses and cash out for good. If the price slowly goes up then even people who know nothing about trading/investing will make some cash and keep playing the game.

And I was hoping it would drop by 90% , so I could jump on board

 

[schumi]

If we have a sustained bear market, I suspect we will have less of a premium on the international price with all of the sell walls

 

[Hendrix]

And I was hoping it would drop by 90% , so I could jump on board

It’s never too late.
If you think like that you will never get onboard.
Don’t sit on the fence forever.

 

[scud]

It’s never too late.
If you think like that you will never get onboard.
Don’t sit on the fence forever.

Tonight I’ve got started with some ETH

 

[weelzSA]

Sorry for the dumb question, but what walllet should I use if I want to take advantage of the fork? Currently my ETH is on Altcointrader.

 

[Hendrix]

Tonight I’ve got started with some ETH

Good And BTC? Its low.
ETH is at Ath...

 

[Hendrix]

Sorry for the dumb question, but what walllet should I use if I want to take advantage of the fork? Currently my ETH is on Altcointrader.

Personally I use Exodus. Its very user friendly.

 

[Defiance93]

People have said ATH many times and look where the value is now. ATH could just keep going up.

 

[Hendrix]

People have said ATH many times and look where the value is now. ATH could just keep going up.

Yes. I mean BTC is cheap now compared to ETH

 

[JerryMungo]

Yes. I mean BTC is cheap now compared to ETH

Only if it goes back up and ETH comes back down.

 

[SaiyanZ]

Luno is a bit underpriced right now yet we have sell walls at R190k. Should be closer to R195k or so right now.

 

[Quintrix]

Which app/site do you use for the average dollar price?

 

[Tabac]

Which app/site do you use for the average dollar price?

https://coindata.co.za/

 

[carstensdj]

Which app/site do you use for the average dollar price?

I use www.cryptowat.ch and then edit the Currencies and exchanges so that it only displays what I want to see. No need to sign up or anything. Just edit from the settings (icon of a cog) and it will save that view for next time you login on that browser, using cookies.

 

[SaiyanZ]

Broke below R190k now. I lost all faith in traders on Luno. The price has moved in the opposite directions compared to the USD price for the last 6 hours or so. The only explanation is people expecting the rand to strengthen by over 3% today or panic selling.

Yesterday the USD price was about $13.2k and we were stable at R191k and above. The USD price even went below $12.8k for a short while. Now the USD price is around $13.7k and we are selling below R190k.

 

[Tabac]

Remember it's supply and demand.... The price on Luno is not an exact measure of $/Zar

 

[SaiyanZ]

Remember it's supply and demand.... The price on Luno is not an exact measure of $/Zar

The selling currently taking place is quite extreme though. If the USD price drops from $13.6k to below $13k we might have another selloff down to R135k because people are in sell mode.

 

[Tman*]

The selling currently taking place is quite extreme though. If the USD price drops from $13.6k to below $13k we might have another selloff down to R135k because people are in sell mode.

I rate people are in "Its January, and I am broke AF" mode.

It doesn't help that registrations are closed on some majour exchanges too.

Expect a pump again after payday.

 

[Tabac]

I rate people are in "Its January, and I am broke AF" mode.

It doesn't help that registrations are closed on some majour exchanges too.

Expect a pump again after payday.

Agree

 

[rza]

ETH is 135% up this last month, while BTC is down. Isn't it good time to move to ETH and dump a bit of BTC until pay-day?