Bitcoin crashing?

[2MuchMark]

$1157 down to $953 in 3 days, yikes! Time to sell.

[onwebcam]

Don't worry there will be other pump and dumps.

[Odysseus]

Is good time and price to buy it.

[CurrentlySober]

Originally Posted by onwebcam

other pump and dumps.

I always enjoy a good dump

[Busty2]

Originally Posted by CurrentlySober

I always enjoy a good dump

I agree, bring's tears to my eyes.

[Barry-xlovecam]

Dead cat bounce sukkas



Could just wobble or fall Monday.
Chinese are driving the Bitcoin market

[Joshua G]

what caused the drop? wait, what caused it to go up? russians? Trump? chinese?

just keep wild guessing BTC nutters.

[jscott]

ok anti-BTC nutter lol

[Joshua G]

Originally Posted by jscott

ok anti-BTC nutter lol

i actually have no problem that people gamble on bitcoin. as long as your honest & admit its gambling.

what i troll, are dumbasses who "dollar cost average" it, then dump it all on the first whiff of trouble...& come on here acting like they know something, talking about what russian & chinese rich people are doing to hide their money. as if anyone really knows who these users are. they are supposed to be anonymous, right?

its simply an abuse of the english language to call bitcoin an investment.

[mineistaken]

sensationalist much? Libby style twisting? Downturns like this were usual with playcoin all the time.

[Google Expert]

Originally Posted by 2MuchMark

Time to sell.

Buy low, sell high.

[Barry-xlovecam]

Bitcoin has proven to be a speculation unless used as a transactional currency. It's a poor storage of value if you have to buy the coins.

Junk bonds are more stable.
total bitcoin market Bitcoin's total value hits record high above $14 billion | Reuters is very small and narrowly traded thus very volatile.

Good luck to the winners.

[LetterTwenty7]

Don't sell it now, that's my opinion. It will rise again, in a couple of years :D I am not kidding, or maybe I am.

[2MuchMark]

Originally Posted by Joshua G

what caused the drop? wait, what caused it to go up? russians? Trump? chinese?

just keep wild guessing BTC nutters.

Sold it all on Jan 5th. (Purchased Nov 2014). So,

- "BTC Nutter".

[Barry-xlovecam]

#15 Bitcoin 'zillionares'

[Joshua G]

Originally Posted by 2MuchMark

Sold it all on Jan 5th. (Purchased Nov 2014). So,

- "BTC Nutter".

congrats to the winnners.

but thats the rub. making easy money, & keeping it. are 2 different animals. hard to avoid buying back big on the dip, looking for more easy money. but magically, it keeps going down, just when you thought the chinese would make you rich by monday.

oh well, such is the gamblers burden.

[jscott]

I can easily admit that bitcoin buys are a gamble. Same as investing in a home, investing in education, donating to charities, stock market.

Everything is a gamble. Driving up to McDonalds to get a triple cheeseburger is a gamble.

hmmm... the 10 min drive, the $5 cost... the risk of driving and getting a traffic citation or into an accident, could be error on your fault, or another driver, hell, a deer or dog run out in front of you. Who knows. Have to ask yourself, "is that Mcdonalds (or bitcoin) worth the effort/risk involved?". Life is a gamble maybe?

[ruff]

Originally Posted by Joshua G

congrats to the winnners.

but thats the rub. making easy money, & keeping it. are 2 different animals. hard to avoid buying back big on the dip, looking for more easy money. but magically, it keeps going down, just when you thought the chinese would make you rich by monday.

oh well, such is the gamblers burden.

You're such an ignorant dumbass. You know less than zero about just about everything especially BTC, but you insist on trying to build up your cred with unfounded and unsubstantiated enuendo. Like most tRump ass lickers, you ignore truth for your own bullshit lies. Say it enough and some other sub-cretin like yourself will start to repeat it. Do us all a favor and STFU.

[Struggle4Bucks]

Buy a burger at MC and put it in a closet. Check on it after 5 years... and the burger still looks the same. I bought 5000 big macs over the last year. I checked last week and they still all looked good. What im saying is: buying MC products is not gambling. Its a solid long turn investment.

[ruff]

Originally Posted by 2MuchMark

$1157 down to $953 in 3 days, yikes! Time to sell.

I'ts late to sell. Now is the buying opportunity. You should be buying between 900 and 1000. Or not. Volatility is what makes profit available. Other people may prefer the safe alternative of a savings account or their mattress. You can't make money without a certain amount of risk or the balls to take the risk. BTC will climb back and profit will be taken again. And again.

[2MuchMark]

Originally Posted by ruff

You're such an ignorant dumbass. You know less than zero about just about everything especially BTC, but you insist on trying to build up your cred with unfounded and unsubstantiated enuendo. Like most tRump ass lickers, you ignore truth for your own bullshit lies. Say it enough and some other sub-cretin like yourself will start to repeat it. Do us all a favor and STFU.

You took the words right outta my mouth. JoshuaG/Dynamo knows nothing about anything, and that hurts him so much he has to bullshit his way through life to make himself feel better. Sad.

Originally Posted by ruff

I'ts late to sell. Now is the buying opportunity. You should be buying between 900 and 1000. Or not. Volatility is what makes profit available. Other people may prefer the safe alternative of a savings account or their mattress. You can't make money without a certain amount of risk or the balls to take the risk. BTC will climb back and profit will be taken again. And again.

Hi Ruff,

I thought of that but to be honest, I'm afraid to do it. I lost a small bundle in BTC when I first got started and since then I've been nervous as hell. I might buy again in the future but only if it drops to sub $350 I think. Of course it might never drop again, but I'd be ok with that too. I feel "relaxed" now.

Cheers!

[xXXtesy10]

[jscott]

the monopoly and tulip references are probably the most idiotic of all

[marlboroack]

I really wanna know what made it jump the amount it did last week

[ruff]

Originally Posted by marlboroack

I really wanna know what made it jump the amount it did last week

Ireland, Venezuela, India and China are the current big players in BTC. They are all having currency issues because of politics, inflation or control. Governments like fiat money because they have declared it to be legal tender and can control and tax it. Digital monies are more difficult to regulate, control or tax. It used to be gold, but digital is easier and crosses borders easily. People in these countries are converting their money for safety into BTC. Money is in motion.

[SauvageAdultDesign]

Read an article today saying they expect it to triple its current value under Trump...
https://www.rt.com/business/372873-b...7-predictions/

[Brian8377]

I still remember saying "2 bucks for what the fuck"? LOL

[NatalieK]

Originally Posted by marlboroack

I really wanna know what made it jump the amount it did last week

or fall today

[ryanlanane]

You guys realize every single one of these marketplaces openly admits they allow trade bots on every single on of the cryptos they trade ? They know, and don't care. If something has a spread of 200 sats, you place an order for 10 above the min you'll nearly instantly be hit with 11 above, of course these are the micro currencies but still. These people have bots literally trading the spreads all day long.

BC has extreme "inside trading" where a group of the top 20-50 people can greatly influence the price in no time at all. Scariest thing of all is the Chinese have extreme influence on the market and it is only growing.

The concept is great, I love using it, and I think in the long term things will be figures out. However it is a highly speculative market and even the best traders are prone to lose money on trades that would of made them money in the Stock market (following Graphs etc).

Doesn't mean I don't dabble. I just play the little guys I see good long term potential in. Used to love Eth until the dumbass DAO thing. That bailout cost their market cap (and investors belief like me in them) way more the they recouped. I could write for hours on that, but what's done is done and I don't hold it or classic any more.

I just don't have faith in it as a coin. I'll also fiddle with the crazy 200% gain in one day coins. 7/10 times I hit well. The other 3 times poorly. If I let my emotions control me the 3 times more then wipe out my 7 times. If I just lick my wounds and walk away all is good.

It's like the stock market the first 10 years it was around, but 10X as crazy. At least they were solid companies not white papers giving out blank promises lol ...