(Extreme) panic has set in for me without doubt. Wish I’d sold it all at $19,000
Everyone always wishes they sold at the high. I have a target price since I bought in 2013. I won't sell any stash till then and will ride it to zero if I have too. I just don't want too. lmao..
when it was 20k, these guys were saying hodllll.
now it is 4.5k, they are still saying hodllll.
so sad.
Well dick head, go look at the chart of bitcoin price since it started. those hodlers have done pretty damn well for themselves. |
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The price will drop until buying morale improves.
This increase in volatility is absolutely the best that could happen. Bitcoins without volatility is either 100% domination or the project being dead.
We are watching healing in process.
you're probably right, but, doesn't make it much easier at the moment. |
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What depths do we fall to today, $3,000?
The defib isn’t working. Is there a fucking pulse left in bitcoin?
3 figures genuinely looks possible right now.
I'm thinking 3000 without a doubt (fucking hope you are wrong about 3 figures). Yeah no pulse, I won't feel better till I see a pulse again. Looking at the chart from November 2014 to January 2015, shows very little pulse too, so it could take a while. I'm worried it doesn't come back though |
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I think this has shown that we're going into yet another crypto winter. Last time it was over 2 years.
Remember, the last halving was 2016. The price didn't start rising until a few months before the halving.
Next halving isn't until 2020. So strap yourselves in...take a break from the bitcoin price...or plan out your next 2 years to gather as much bitcoin as possible.
Personally when it did this last time I told my boss that I would take whatever shit job he had anywhere in the world as long as it paid a lot of money. I got a job in Afghanistan and made a lot of money which I poured into bitcoin. Also, google minimalism. Downsize your life to a suitcase.
Thank you for the advice, I already live like a pauper so I can't minimize anymore. While I have a sizable sum in btc, I do have more in other areas so it's not like I'm all in or anything, I can definitely wait tiill the next bull run and 2020 is nothing really. I'm guessing by your response, you are still positive despite, what you see as btc getting more difficult. If true, this does make me feel a little better, as doubts are starting to creep in, same as in 2015 funnily enough. Afghanistan is a worrisome place, I'm glad you got out. |
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Just bought combined total 1btc over the past 3 weeks, from 6400 down to 5000$ this morning. Will buy more if next week. wife said fuck it, buy to the end.
and may you become a rich man |
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I can not imagine a better time to buy crypto than the present moment. Everyone is starting to panic and the whole market is bleeding. I am sure that if not in a week, then in a month or even three who are now investing will earn a lot of money.
you're probably right, definitely has that feel. shit I'm starting to feel that it will never get above 10k ever again. You mean BTC? I'm more that sure that in 2020 or even earlier BTC price will cross $10k probably few times.. Question is how fast border of $10k will jump over Ethereum..? Lets hope it will be in 2019 Yes btc is what I was refering |
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Blockchain is not bitcoin though is it. So does that really help? |
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what pisses me off about this whole thing, is the people who celebrate it.
Bitcoin is what can free people from financial oppression and ever increasing loss of fiat money through inflation. Yet, people who shouldn't want this thing to die do. How the hell can you hate freedom, which in my mind is what btc is.
Most don't realize that. Most saw 100% price increase and started thinking "I want a lambo...time to buy some of this bitcoin thing". The reality is...no matter how much things are advancing, less merchants are accepting bitcoin. Mainly thanks to Coinbase dropping their merchant sector and Bitpay switching to BCH. The whole point of bitcoin is slowly degrading. I used to be able to live on bitcoin. Now I'm paying for hotels online with a credit card. This is kind of disturbing, I didn't realize that it is getting harder and not easier. You've been here for a while Elwar, what do you think of the future of btc and it's prices? |
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what pisses me off about this whole thing, is the people who celebrate it.
Bitcoin is what can free people from financial oppression and ever increasing loss of fiat money through inflation. Yet, people who shouldn't want this thing to die do. How the hell can you hate freedom, which in my mind is what btc is.
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prepare your selves (emotionally) for 2-3k
I don't want too, good advice though I think. 4500, fuck it. |
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At least the band-aid isn't coming off slowly.
That's the only good thing here |
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good fucking grief
I'm out for a sleep shift, fully expect to wake up to a 3 handle
don't do anything rash guys
yeah me too |
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Buy order money stacking up on bitstamp. Up 45% 69mil since the drop from 6400.
Either that money is readying up or its a trap.
Hodl my beer, going to check
I just keep expecting the worse. what prices are these at |
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looks like another drop incoming, I'm getting tired of this shit
without a doubt we are going to 3000
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well its still looking like a disaster out there. No solid bounce.
I'm wondering what were the reasons for the bottoming period in 2014/15. I always thought it might of been that the mining costs at the time made a floor at that price, but I never looked into it. Does anyone know if the mining price was around the 200 level in 2014/15?
Bitstamp getting hacked caused the $150 bottom in 2015. At that time it was the biggest exchange. I don't mean the specific bottom, I mean the time when it was moving between 200-300, what kept it falling further? was it just no more sellers, the miners stopped selling, or more buyers coming into the market? It was between $200 and $300 for more than 8 months, and the bearwhales could not get the price to go down further... After NOT being able to get the price to go down more, for so long, there was only on direction left, correct? Sure, but I'm curious on a few things, specifically the price rallies during that time and lack of flat movement. The lack of movement (flat periods) may of been there, I just can't remember, but we are certainly not getting many rallies. There was a big one after it hit 150 and the price, then down to 220 area then up to 300 then back down to 220, then back to 300 then back to 200, then the rest is history. It seems to me that there was the volume and maybe a few new entrants back then to do it, my concern is that I'm not seeing that right now, I guess we could just be too early in the cycle. |
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Fresh from Masterluc Telegram:Google translation: ... In general, the correction is delayed by a little more than a year. The alarmists will be left without pants, and enky will soon go to Long. And I do nothing. As always  the master saying something actually helps with my nerves. Has enky still been bloging about btc? is he actually going to go long |
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I said before, I am of the opinion that 4650 will hold.
Still confident? |
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The falling knife is usually caught quickly. We have been lingering at the bottom of the dip for too long. Too suspicious. Waiting for the CCI to get into the positive. Choppiness index and BB are my favorite reliable indicators for breakouts. And both are pointing south. Not good. Bull traps ahead.
Exactly. This lingering is a real problem I think it seems to mean that the sellers are done for now, but there are no buyers at this price, so will eventually go down again when more sellers arrive  |
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To be fair most of the stuff put together during 2014 sounded incredible but didn't amount to much. Plenty of it disappeared without a squeak, 21.co, Buttercoin, Circle's BTC retail.
This time around it's an order of magnitude more heavyweight. You don't get any bigger than stuff like Bakkt though I fully expect it to launch to overwhelming indifference.
Yeah, but I think it is just the activity that matters. Know what you mean about Bakkt, exactly how I feel. |
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I can not imagine a better time to buy crypto than the present moment. Everyone is starting to panic and the whole market is bleeding. I am sure that if not in a week, then in a month or even three who are now investing will earn a lot of money.
you're probably right, definitely has that feel. shit I'm starting to feel that it will never get above 10k ever again. |
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