Bitcoin @ 7k and dropping bad...

[empirestate]

I think we might see a 5k BTC soon...
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[neo2013]

it will rise again it just means it is time to buy!!

[empirestate]

this is a bad sign, multiple times that reached this level, it's going down bad bad bad

[slokor]

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.

[rsot]

Too funny - empirestate you were chanting "Go go Cryptos" last week? Have faith in what you say...or don't announce it

[H4ck]

Lets hope Tom Lee was right that by the end of the year bitcoin will be at 20 to 25k...........

[empirestate]

Originally Posted by jarsky541

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]

Bitcoin is cryptocurrency.

What happens to it echos to the rest of the marketplace.

Just hold.

[slokor]

HODLing long term - Im looking to 2023 with this.
Come talk to me in 5 years Empirestate.

[H4ck]

Originally Posted by slokor

HODLing long term - Im looking to 2023 with this.
Come talk to me in 5 years Empirestate.

Hold*

I bet if the price were to ever drop to 2000 on bitcoin out of nowhere Slokor would start to sweat.....

[slokor]

Not realy since ill still be in the green.
Been holding onto them since they were at $170-180.

[xenix]

[Mr. Invisible]

I've been short selling since $16600 in Jan... This is really nothing new though, bitcoin has dropped >70% multiple times since 2010.

[rsot]

Originally Posted by Mr. Invisible

I've been short selling since $16600 in Jan... This is really nothing new though, bitcoin has dropped >70% multiple times since 2010.

Shorting btc? That's one way to profit indeed.

[GreenBean]

Wow,oh just wow.

Looks like rsot favors shorting.

What next we ask? What next?

[Play]

Originally Posted by Mr. Invisible

I've been short selling since $16600 in Jan... 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]

yea empirestate, never switch up man

[H4ck]

Originally Posted by slokor

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]

Nice come back, BTC glad to see
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[rsot]

Originally Posted by empirestate

Nice come back, BTC glad to see

Going to liquidate your holdings?

[GreenBean]

Originally Posted by rsot

Going to liquidate your holdings?

Prolly, he’s gotta buy phone sims card.

[rsot]

Originally Posted by GreenBean

Prolly, he’s gotta buy phone sims card.

Hah thanks for the morning chuckle