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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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  #23  
Old 03-21-2018
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Default Re: Bitcoin @ 7k and dropping bad...

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Originally Posted by GreenBean View Post
Prolly, he’s gotta buy phone sims card.

Buying sim cards eh? Nice idea!
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  #24  
Old 03-22-2018
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Default Re: Bitcoin @ 7k and dropping bad...

1 btc is 8.7k usd at moment of post.
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  #25  
Old 03-25-2018
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Default Re: Bitcoin @ 7k and dropping bad...

1 btc is just shy of 8.5k - not a great trend
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  #26  
Old 03-25-2018
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Default Re: Bitcoin @ 7k and dropping bad...

TO the mooooooooon!!!! Paypal is DOOMED!!!!!!!!!!!!!!!!
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  #27  
Old 03-26-2018
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Default Re: Bitcoin @ 7k and dropping bad...

1 btc is 8.2k usd - rough trending at time of post
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  #28  
Old 03-27-2018
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Default Re: Bitcoin @ 7k and dropping bad...

1 btc is 7.8k usd
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  #29  
Old 03-27-2018
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Default Re: Bitcoin @ 7k and dropping bad...

rsot - no disrespect but whats the point of those price updates? Anyone who needs to know that information already knows it...
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  #30  
Old 03-27-2018
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Default Re: Bitcoin @ 7k and dropping bad...

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Originally Posted by slokor View Post
rsot - no disrespect but whats the point of those price updates? Anyone who needs to know that information already knows it...
True slokor - I was bored tbh...yes, i'll stop
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  #31  
Old 03-28-2018
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Default Re: Bitcoin @ 7k and dropping bad...

Wait for some big btc scandals such as fungibility / privacy concerns and it will take a big dip. Btc has always had the largest market cap / attention and still has many big players in it, but as time goes on I believe people will migrate to more private coins. Alt coins which were made to be 100% private / anonymous will rally (Monero). BTC is public ledger and will never be truly anonymous despite measures to do this (mixers).

I just got in to crypto a few weeks ago and reading the pros / cons for all currencies especially privacy Monero is the big dog IMO.

Example news headers which may cause BTC drop:

IRS/NSA/FBI develop software to trace btc transactions from mixers and identity users
BTC's fungibility at stake - Billions worth of BTC worthless after recent crackdown

Note: everything I say can be wrong, I am still new to crypto. The above is what I understand from what I read.

Last edited by Canadianleaf; 03-28-2018 at 02:44 AM.
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  #32  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

Lol!

Remember when I posted the thread in 2015 at $250ish Bitcoin and everyone said it was dead. Seems somewhat familiar now.

Look for CBOE and SEC to get together for an ETF. As well as a trading desk to get set up by Goldman or another for Cryptos to resolve the custodial risk issue.

Right now Crypto is like Marijuana where I live in California. All the small players have been doing ok because the deep pockets like Phillip Morris literally can't get involved because of Banking Laws, etc.

The Custodial Risk issue for Cryptos is being resolved slowly but surely as we speak. I have no doubt the bottom will hit before news of this sends the market in an opposite direction.
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  #33  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

Bearish, if it goes down to 6,800 level I'll start buying all

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  #34  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

RED = Good
GREEN = bad
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  #35  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

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Originally Posted by empirestate View Post
Bearish, if it goes down to 6,800 level I'll start buying all

You? BUY?!
LOL!!!!!
Itll be a very cold day in hell before that happens!
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  #36  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

6,400 is the new buy target now... very bearish folks very bearish...

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  #37  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

Looks like the moon is setting lol
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  #38  
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Default Re: Bitcoin @ 7k and dropping bad...

just sell already slokor........a bird in a hand is worth two in the bush......=)
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  #39  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

Any idea why it's going down? I haven't seen any recent news on it.

I have no intentions on selling, just wondering on the current status of things.
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Default Re: Bitcoin @ 7k and dropping bad...

i have not really heard of any positive news of it progressing.......just people shunning bitcoin left and right.......
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  #41  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

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Originally Posted by aspkin View Post
Any idea why it's going down? I haven't seen any recent news on it.

I have no intentions on selling, just wondering on the current status of things.
Ask Slokor since he is the Bitcoin maximalist.

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  #42  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

6,000 would be Danger Zone, BTC might collapse for good
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  #43  
Old 03-29-2018
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Default Re: Bitcoin @ 7k and dropping bad...

Quote:
Originally Posted by aspkin View Post
Any idea why it's going down? I haven't seen any recent news on it.

I have no intentions on selling, just wondering on the current status of things.
Most likely due to the twitter ban.
And Im not concerned with the drop in price. What Im actually keeping an eye on is the fact Bitcoin's market share has grown from 32% to about 46% - which to me is excellent news.
But of course people who are just crypto fanboys when it is convenient for them (empirestate anyone?) wouldnt even know the significance of that.
Throwing figures as buy targets and acting like a genius due to your hindsight being 20/20 are things I prefer to leave to other childish individuals who dont have two dimes to rub together - and certainly do not have any crypto holdings. I said it before ill say it again - come talk to me in 3-5 years about Bitcoin.
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  #44  
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Default Re: Bitcoin @ 7k and dropping bad...

Quote:
Originally Posted by empirestate View Post
6,000 would be Danger Zone, BTC might collapse for good
Where do you come up with this nonsense?
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