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| empirestate | 03-17-2018 03:06 PM |
Bitcoin @ 7k and dropping bad...
|
| neo2013 | 03-17-2018 03:15 PM |
Re: Bitcoin @ 7k and dropping bad...
it will rise again it just means it is time to buy!! |
| empirestate | 03-17-2018 03:28 PM |
Re: Bitcoin @ 7k and dropping bad...
this is a bad sign, multiple times that reached this level, it's going down bad bad bad |
| slokor | 03-17-2018 05:27 PM |
Re: Bitcoin @ 7k and dropping bad...
LOL!
Weekly crypto news from the Crypto-master himself everybody!!!!
So this week its gloom and doom again is it?
Thanks so much for that. Always good for a chuckle. |
Re: Bitcoin @ 7k and dropping bad...
Too funny - empirestate you were chanting "Go go Cryptos" last week? Have faith in what you say...or don't announce it :thumb: |
Re: Bitcoin @ 7k and dropping bad...
Lets hope Tom Lee was right that by the end of the year bitcoin will be at 20 to 25k........... |
| empirestate | 03-17-2018 10:44 PM |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by jarsky541
(Post 908348)
Lets hope Tom Lee was right that by the end of the year bitcoin will be at 20 to 25k...........
| Not going to happen anytime soon... |
| aspkin | 03-17-2018 11:47 PM |
Re: Bitcoin @ 7k and dropping bad...
Bitcoin is cryptocurrency.
What happens to it echos to the rest of the marketplace.
Just hold. |
| slokor | 03-18-2018 12:02 AM |
Re: Bitcoin @ 7k and dropping bad...
HODLing long term - Im looking to 2023 with this.
Come talk to me in 5 years Empirestate. |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by slokor
(Post 908359)
HODLing long term - Im looking to 2023 with this.
Come talk to me in 5 years Empirestate.
| Hold*:rolleyes:
I bet if the price were to ever drop to 2000 on bitcoin out of nowhere Slokor would start to sweat..... |
| slokor | 03-18-2018 01:12 AM |
Re: Bitcoin @ 7k and dropping bad...
Not realy since ill still be in the green.
Been holding onto them since they were at $170-180. |
| xenix | 03-18-2018 02:02 AM |
Re: Bitcoin @ 7k and dropping bad...
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| Mr. Invisible | 03-18-2018 05:52 AM |
Re: Bitcoin @ 7k and dropping bad...
I've been short selling since $16600 in Jan... :thumb: This is really nothing new though, bitcoin has dropped >70% multiple times since 2010. |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by Mr. Invisible
(Post 908391)
I've been short selling since $16600 in Jan... :thumb: This is really nothing new though, bitcoin has dropped >70% multiple times since 2010.
| Shorting btc? That's one way to profit indeed. |
| GreenBean | 03-18-2018 09:20 AM |
Re: Bitcoin @ 7k and dropping bad...
Wow,oh just wow.
Looks like rsot favors shorting.
What next we ask? What next? |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by Mr. Invisible
(Post 908391)
I've been short selling since $16600 in Jan... :thumb: This is really nothing new though, bitcoin has dropped >70% multiple times since 2010.
| True. Only difference this time it gained mass exposure. So it could have a possibility of taking off in a few years again.
I predict by year end (2018) it will have gone up significantly as uses cases come to fruition.
Then it will just rise from that point onward.
I just know the value today, and the value in December 2018 will be vastly different. Will it be more or less, nobody can say for certain but I think it will be more. |
| Mygadgets | 03-18-2018 12:15 PM |
Re: Bitcoin @ 7k and dropping bad...
yea empirestate, never switch up man |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by slokor
(Post 908366)
Not realy since ill still be in the green.
Been holding onto them since they were at $170-180.
| even if i was holding at such a small level........taking losses on profits is in my opinion stressful....
lost money is lost money......
all the opportunity costs associated with the situation also comes into the play. |
| empirestate | 03-21-2018 06:56 AM |
Re: Bitcoin @ 7k and dropping bad...
|
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by empirestate
(Post 909095)
Nice come back, BTC glad to see
| Going to liquidate your holdings? |
| GreenBean | 03-21-2018 08:44 AM |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by rsot
(Post 909106)
Going to liquidate your holdings?
| Prolly, he’s gotta buy phone sims card.
:noidea: |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by GreenBean
(Post 909110)
Prolly, he’s gotta buy phone sims card.
:noidea:
| Hah thanks for the morning chuckle :peace: |
| empirestate | 03-21-2018 02:19 PM |
Re: Bitcoin @ 7k and dropping bad...
|
Re: Bitcoin @ 7k and dropping bad...
1 btc is 8.7k usd at moment of post. |
Re: Bitcoin @ 7k and dropping bad...
1 btc is just shy of 8.5k - not a great trend |
| ebaystealth1974 | 03-25-2018 07:49 PM |
Re: Bitcoin @ 7k and dropping bad...
TO the mooooooooon!!!! Paypal is DOOMED!!!!!!!!!!!!!!!! |
Re: Bitcoin @ 7k and dropping bad...
1 btc is 8.2k usd - rough trending at time of post |
Re: Bitcoin @ 7k and dropping bad...
1 btc is 7.8k usd |
| slokor | 03-27-2018 09:36 PM |
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... |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by slokor
(Post 910471)
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 :) |
| Canadianleaf | 03-28-2018 02:41 AM |
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. |
| vogeltron | 03-29-2018 05:13 AM |
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. |
| empirestate | 03-29-2018 04:05 PM |
Re: Bitcoin @ 7k and dropping bad...
|
Re: Bitcoin @ 7k and dropping bad...
RED = Good
GREEN = bad |
| slokor | 03-29-2018 06:40 PM |
Re: Bitcoin @ 7k and dropping bad...
Quote:
Originally Posted by empirestate
(Post 910811)
| You? BUY?!
LOL!!!!!
Itll be a very cold day in hell before that happens! |
| empirestate | 03-29-2018 07:55 PM |
Re: Bitcoin @ 7k and dropping bad...
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| ebaystealth1974 | 03-29-2018 08:01 PM |
Re: Bitcoin @ 7k and dropping bad...
Looks like the moon is setting lol |
Re: Bitcoin @ 7k and dropping bad...
just sell already slokor........a bird in a hand is worth two in the bush......=) |
| aspkin | 03-29-2018 09:16 PM |
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. |
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.......:d |
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