The Bitcoin Thread

Status
Not open for further replies.
*SynergyX* said:
boggling where all these sellers are coming from -- could be very few groups of people who own 1000's of coins.
Click to expand...

Or bots cancelling orders just before they would be fulfilled

edit: just think about it a little bit - whats the daily volume at? What was the total of the wall? Now do you think the wall was broken through or cancelled?
 
*SynergyX* said:
moment of truth coming ....either we double bottom and bounce.

or the floor disappears and we fall into open space!!!
Click to expand...

I actually hope we do fall through the floor into open space. That run-up from 3k to 20k was ridiculous and pretty much a straight line. I missed out on a lot on that bull run and wouldn't mind a second shot at getting some super-cheap sub 8k coins.
 
Last edited:
Knyro said:
I actually hope we do fall through the floor into open space. That run-up from 3k to 20k was ridiculous and pretty much a straight line. I missed out on a lot on that bull run and wouldn't mind a second shot at getting some super-cheap sub 8k coins.
Click to expand...

then you might as well short until it reaches 8k, then use the money to purchase more bitcoin, win win
 
Archer said:
Or bots cancelling orders just before they would be fulfilled

edit: just think about it a little bit - whats the daily volume at? What was the total of the wall? Now do you think the wall was broken through or cancelled?
Click to expand...

Negative, I watched the feed, it was all bought, my first thought was cancels, but nope, it was 5 or 6 munches and it was gone, all 1400 of em, out of no where
 
saturnz said:
then you might as well short until it reaches 8k, then use the money to purchase more bitcoin, win win
Click to expand...

What makes you think I'm not? I trade on the way up and on the way down.

But the lower the absolute price of BTC is the more of it I get with each successful trade.
 
dekana said:
My feeling is that when countries start releasing central bank backed cryptos on their own blockchains bitcoin will become but a fond memory
Click to expand...

Nobody wants a centralized crypto. That is worse than fiat.
 
B1ade said:
I’m a little surprised at some of the comments. I would have thought more people on this thread would be true long-term believers in BTC. Sure making a quick buck is always fun, but fundamentals are more important in my view.

I don’t think we yet realise the true impact this disruptive technology will have on the world.
Click to expand...

Exactly. This slump is a good thing. The Bitfinex/Tether issue can be resolved, the SEC can have their meeting. All the governments can finally realise they can't stop Bitcoin/Crypto

THEN the sparks will start to fly. BTC will take over the world and we will see the $50k/$100k and more value of BTC.

This dump is the last chance at the bite of the apple a lot of folks will have.....

I am a long-term believer in crypto.
 
Those guys that took out massive loans, dipped into their access bonds etc. to buy Bitcoin at $16,000...
 
Still HODL? xD xD

Srsly tho. WTF is going on...

I think FB blocking all ICO ad's was a death blow
 
Status
Not open for further replies.
Back
Top
Sign up to the MyBroadband newsletter
X