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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #1  
Old 01-16-2018
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Default Bitcoin Sentiment

What do we think guys? Another buying opportunity approaching?

I feel as Bitcoin won't go below 10k but may go to 11k .. just total guess.

Afterwards it may start gaining traction again.

What pushed it so much before was media attention. And that's pretty much gone now.

I'm in it for the long run. I haven't touched my hard wallet in months.

How do we feel about bitcoin today ?
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  #2  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

I wouldnt touch btc, I think 2018 is the year of alt coins.
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  #3  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

My position hasn't changed.
HODL long term.
When that ETF gets going later in the year Bitcoin will explode. Again.
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Old 01-16-2018
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Default Re: Bitcoin Sentiment

Go Ethereum, it has lots of upgrades coming it will boost the price 10x
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  #5  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

Quote:
Originally Posted by aspkin View Post

What pushed it so much before was media attention. And that's pretty much gone now.
Exactly. I always remember no one predicted more than $10k by Christmas. Then it broke that and got blasted all over the news which brought armies of n00b investors and turned crypto into a penny stock OTC market frenzy full of FUD, hype and sca/mmers.

As long as we can start to get rid of all of these moronic bandwagoners by the masses, I'll be ecstatic.

Remember, when BTC and crypto was all assumed to be a sc/am and a po/nzi...absolutely no one paid attention to it. I'm fine with going back to that state.
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Old 01-16-2018
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Default Re: Bitcoin Sentiment

Quote:
Originally Posted by unkown5454 View Post
Exactly. I always remember no one predicted more than $10k by Christmas. Then it broke that and got blasted all over the news which brought armies of n00b investors and turned crypto into a penny stock OTC market frenzy full of FUD, hype and sca/mmers.

As long as we can start to get rid of all of these moronic bandwagoners by the masses, I'll be ecstatic.

Remember, when BTC and crypto was all assumed to be a sc/am and a po/nzi...absolutely no one paid attention to it. I'm fine with going back to that state.
Why bother commenting
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  #7  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

The irony of it being you who asks that question is beyond priceless. LOL!!!!
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  #8  
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Default Re: Bitcoin Sentiment

Too volatile to even be used for purchase. Lot of sellers dropping it as a form of payment in favor of alt coins. It needs a greater purpose in my opinion.
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Old 01-16-2018
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Default Re: Bitcoin Sentiment

I take bitcoin and alt coins as payment options.

While I have pretty much all crypto payment options open for customers, bitcoin is the only one that people take advantage of right now.

The rest rarely if ever are used to purchase.

While bitcoin is expensive right now (to buy and sell) it'll get cheaper eventually and it's usage will again expand.

But that's not the driving factor.

Speculation drives bitcoin.

Personally I'm looking for further dips to buy more BTC.
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Old 01-16-2018
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Default Re: Bitcoin Sentiment

One thing i've learned over the year is nobody can predict the value of bitcoin for you, you just need to follow your gut instinct most of the time.

Sometimes when there is a lot going on with BTC you can keep up with the latest news feeds to give you an idea of which direction it will go, but other times, it ultimately comes down to the individual buyer, and how they feel about it.

Some might say it will drop further in value, some might say this is the bottom right now, in truth, nobody really knows for certain.
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  #11  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

The fees and exchanges are holding back BTC....

It does have that gold like feeling... However, so many alt-coins. Its the "Paradox of choice"... Great book BTW
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  #12  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

woah.. everything is crashing..
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Old 01-16-2018
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Default Re: Bitcoin Sentiment

Its a bloodbath...
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  #14  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

Seems clampdown of Bitcoin in Asia caused people to sell off... but if history repeats itself, it will rise again. I'll be buying the dip
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Old 01-16-2018
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Default Re: Bitcoin Sentiment

Quote:
Originally Posted by Play View Post
Seems clampdown of Bitcoin in Asia caused people to sell off... but if history repeats itself, it will rise again. I'll be buying the dip
Only buy full coins no partials
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  #16  
Old 01-16-2018
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Default Re: Bitcoin Sentiment

Most of the Alt-coins in the top 20 dont even have a working product, or their road map wont be achievable. ETH, BTC and maybe IOTA are the only things I see as a sure bet.

Don't even get me started on Ripple. WTF...

Bitcoin bounced off the 100 day moving average around 10k. If it drops below that for any period of time it will find resistance at the 200 day which is around 8k. I highly doubt we will get that lucky to see 8k BTC.. If we do you better mortgage the house cuz we're going all in....

I used Bitcoin yesterday to buy something. It was actually cheaper than using money gram or western union, it cost me $9.75. If I used money gram it would have cost me $13. But the catch was it cost me 13$ to buy more BTC from Coinbase. But I believe in BTC and will use it every chance i get even if it costs me a few more dollars. BTC will pay me back the difference sooner of later.

I predict BTC is the best bet right now. The Alts had their run up and all the weak hands are being pushed out right now. China knows how to manipulate the market, it worked last time so why not run the same game again. ****, look at the FUD that came out of South Korea the other day. You cant tell me someone didnt pay that guy to say that, and mainstream media ate that **** up... Everything I'm hearing is saying we are about to test the highs again.

This is how people make money, they sell high and buy low. That cant happen if it goes straight up.

The only thing I'm worried about is how long its going to take coinbase to reset my 2FA. Somehow it got f#cked up when I bought BTC yesterday and went to send BTC out of coinbase to my Trezor. Now I missed out on the opportunity to buy 10k BTC....

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  #17  
Old 01-17-2018
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Default Re: Bitcoin Sentiment

HODL ,thats what i think
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Old 01-17-2018
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Default Re: Bitcoin Sentiment

HODL what you have and buy more if you can.... That's my strategy... I'm all in... Period!
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Old 01-17-2018
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Default Re: Bitcoin Sentiment

Can you sell even if you wanted to?

Most of the facebook groups I was added to have closed up last week. Something seems really fishy.
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Old 01-17-2018
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Default Re: Bitcoin Sentiment

Quote:
Originally Posted by yankee View Post
Can you sell even if you wanted to?

Most of the facebook groups I was added to have closed up last week. Something seems really fishy.
90% chance none of the major exchanges are allowing sells right now. I haven't checked but that's been the result historically of all the smaller dips there have been.

The exchanges are way too invested in crypto to just allow it to crash. Plus there are no laws preventing them from manipulating the market, so they just pause trading when it gets too volatile.
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  #21  
Old 01-17-2018
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Default Re: Bitcoin Sentiment

well, under 10k..
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  #22  
Old 01-17-2018
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Default Re: Bitcoin Sentiment

back up sucka
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