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-   -   Crypto Blowing Up (https://www.aspkin.com/forums/cryptocurrency/126169-crypto-blowing-up.html)

H4ck 05-11-2019 05:42 PM

Crypto Blowing Up
 
I find it really odd that crypto is going up.....their is no new info explaining this huge increase.......I think noise from whales and market manipulation......


I doubt bitcoin will go past 10k.........for it to go past 20k.........your going to need a good deal of institutional investors...........

I don't hear of a lot of institutional players biting in on this game.

slokor 05-11-2019 06:09 PM

Re: Crypto Blowing Up
 
Looking at historical trends I do believe Bitcoin will cross the $10k mark and even the $20k mark within the next 12 month - by the time of the next 'halving' event. Its following the same pattern as it did in the last 2 times this event occurred.
Too bad Empirestate is no longer with us to pipe in his 'expert' advice.

james_112233 05-11-2019 06:10 PM

Re: Crypto Blowing Up
 
So is it a good time to buy or not, I know absolute jack about crypto currencies but I do know for sure that I don't want to be left out when there is another wave of millionaires from crypto.

slokor 05-11-2019 06:14 PM

Re: Crypto Blowing Up
 
Oh no… here we go again...
Those millionaires youre referring to were the ones who bought in when Bitcoin was at 3k. That was only 3-4 months ago. Bitcoin has more than doubled in that time. And they were likely rich to begin with to be able to afford to buy enough to make a difference for them - so the millionaires became even more so.

H4ck 05-11-2019 06:28 PM

Re: Crypto Blowing Up
 
I think this situation is a complete scam,

a group of whales are manipulating the crypto market to make it look attractive........

millions of people lost out on the last fallout.......I don't think people will be able to recover........

the sec refuses to approve an ETF because of the market manipulation situation.

also I hear 0 positive news.........something smells fishy......

It won't be possible to even go past 10k unless you have a lot stupid people come in and start going crazy and buy in again.....but many of those stupid folks got burned already........

the fact that its going super high so quickly within just 1 week..........shows that someone is pumping the market up......and trying to draw in FOMO investors..... then they sell off and we go back down again.....

Play 05-11-2019 06:32 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by james_112233 (Post 1001701)
So is it a good time to buy or not, I know absolute jack about crypto currencies but I do know for sure that I don't want to be left out when there is another wave of millionaires from crypto.

It's really not going to make anyone a millionaire at this stage, unless you're investing a lot of money. The millionaires were those who bought in early. Right now its actually quite expensive.

I would never advise anyone to invest a lot of money into anything as volatile as crypto, nor something you know little or nothing about.

Play 05-11-2019 06:36 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by H4ck (Post 1001698)
I find it really odd that crypto is going up.....their is no new info explaining this huge increase.......I think noise from whales and market manipulation......


I doubt bitcoin will go past 10k.........for it to go past 20k.........your going to need a good deal of institutional investors...........

I don't hear of a lot of institutional players biting in on this game.

There has been some good news recently.

Crypto ad bans being lifted by Facebook was and is a big deal. Just as price plummeted when it got banned, price is now rising now that the ban has been lifted.

Institutional investors coming on board.

But that is about it. The rest IMO looks like whales and manipulation. It's bound to drop again soon.

But bear in mind, the next halving is soon, and that always causes a price rise.

H4ck 05-11-2019 06:42 PM

Re: Crypto Blowing Up
 
A lot of blind sheep might jump on board again and boost the price up to 20k again lol..............sell off and let all the bottom fall out and the little guys lose everything at the top when the price collapses.....classic scam.....pump and dump.....

H4ck 05-11-2019 06:56 PM

Re: Crypto Blowing Up
 
its a cute game they have here..........buy in low.......pump it all the way up.........many dumb people around the world buy into the bull****......they sell off the little person loses all their money they walk away unscathed.....and rinse and repeat.....


their is not a massive interest from the institutional investors...........the facebook news of taking ads off is nothing......


the price driving up like this is a clear scam and market manipulation situation buy those in power......

Play 05-11-2019 07:09 PM

Re: Crypto Blowing Up
 
Quote:

the facebook news of taking ads off is nothing......
How else are you going to get the blind sheeps attention ;)

Sunspot144 05-11-2019 07:22 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by james_112233 (Post 1001701)
So is it a good time to buy or not, I know absolute jack about crypto currencies but I do know for sure that I don't want to be left out when there is another wave of millionaires from crypto.

Not a terrible time to buy in now. 3k was better. If you've got some spare cash you dont care what happens to you could get another 30% out of it I'm gonna estimate.

Ajlin 05-12-2019 04:54 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by H4ck (Post 1001698)
I find it really odd that crypto is going up.....their is no new info explaining this huge increase.......I think noise from whales and market manipulation......


I doubt bitcoin will go past 10k.........for it to go past 20k.........your going to need a good deal of institutional investors...........

I don't hear of a lot of institutional players biting in on this game.

Cos most of the institution players like your mother are to busy biting on my dick :pound:

jas 05-12-2019 05:24 AM

Re: Crypto Blowing Up
 
I still kick myself now that as an early adopter I cashed everything out at $300 per bitcoin

H4ck 05-12-2019 06:42 AM

Re: Crypto Blowing Up
 
the pump and dump groups can only do a clear pump from 0 to about 10k..........after that........it will be really hard to inflate the price with bullsh1t trades to draw the public to play in again......especially since the first rise tons of people got burned big time......many of them are not coming back into this......

I bet a lot of the people behind this are switching to different exchanges that has no kyc checks........then going in and pumping it up....

phaz0rz 05-12-2019 06:46 AM

Re: Crypto Blowing Up
 
I'm not sure how or what effect it has, but it seems like the turmoil on DN markets is causing the surge.

Dream market goes down last month - BTC goes from 4500 to 6000 within a couple of weeks

Deepdotweb goes down this week and there are signs that another major invite only market has been compromised - BTC goes up to $7k???

I don't think it's whales I think it's big gov manipulating it. There aren't very many "investors" left. Most using BTC these days are growing weed or something along those lines.

Maybe the dealers who are holding hundreds of thousands/millions of $'s in crypto are panic selling as they're losing their venues.. causing the price to rise? Does not compute. :noidea::help:

phaz0rz 05-12-2019 07:05 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by H4ck (Post 1001771)
I bet a lot of the people behind this are switching to different exchanges that has no kyc checks..

Can you please point me in the right direction?

Sunspot144 05-12-2019 07:34 AM

Re: Crypto Blowing Up
 
The site needs weed emojis for the bull market event. :dance::dance:

Hit 7.5k. Bet lots sold then.

rsot 05-12-2019 08:09 AM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by jas (Post 1001764)
I still kick myself now that as an early adopter I cashed everything out at $300 per bitcoin

Always difficult in hindsight

NobelCon 05-12-2019 09:06 AM

Re: Crypto Blowing Up
 
This instability is a bit scary. I invested in the Altcoins so much, and burned out on this. Now I'm afraid again make any investments.

unkown5454 05-12-2019 01:30 PM

Re: Crypto Blowing Up
 
moons and lambos

hurry up, time to start youtube channel and become crypto guru

H4ck 05-12-2019 02:20 PM

Re: Crypto Blowing Up
 
so yeah my suspicion has been proven pretty accurate,

a whale is pumping crypto up..........but like I said it will be real hard to play the pump game after 10k.....and nearly impossible after 20k............

ebaystealth1974 05-12-2019 03:22 PM

Re: Crypto Blowing Up
 
Quote:

Originally Posted by H4ck (Post 1001698)
Crypto Blowing Up

Blowing up? lol

It's down 70% since 2017


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