I just downloaded the bitfinex T&S, he bought at least 6000 BTC's and gave away probaby $500 on half of them, so that's 1.5 million USD he just gave away. Makes no sense at all unless it's somebody with fake tether money.
wow single user buying at least 6000 BTC and here i was thinking of holding the famous 21 bitcoins in the hope of becoming a millionaire one day. But are these accusations true that this user used fake tether  how is that even possible I don't know if it's true that he's using fake tether. But I do know it was a single user since he used the same refresher/hidden order on a few key levels. I'm just saying, if this was somebody interested in buying BTC at good prices why would he keep holding the $9000 and buy 6000 btc's there while the other markets were trading below $8500 ? That just makes no sense at all from a normal economic perspective. This combined with the recent rumours that bitfinex is using fake (printed, without usd backed) tether to buy other crypto's makes me very suspicious. |
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I just downloaded the bitfinex T&S, he bought at least 6000 BTC's and gave away probaby $500 on half of them, so that's 1.5 million USD he just gave away. Makes no sense at all unless it's somebody with fake tether money.
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Did any of you guys see that ? A HUGE refresher on bitfinex stalled the market. Where all other markets sold down to below $8500 there was this 1 guy on bitfinex who kept buying and buying EVERYTHING around the $9000 level. This 100% wasn't normal market behaviour why would anyone buy thousands of bitcoins and pay $500 too much on every bitcoin, basically throwing away millions and millions of dollars ? I think this only could have been Bitfinex themselves, buying the market up with fake tether money.
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Only real idiots will HODL this thing to death.
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I'm pretty sure this will happen. Bitcoin failed as a payment system, people just need to realize it. But give it some time and it will go < $1800. A year seems about right but it might be earlier.
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Hodling is always the safest option I think. But also, depending on at what price you purchased your BTC this might still be a great time to sell. Let's say you bought it for 1K or less, this is still a good profit (not as amazing as when it was nearly 20k, but good), now if you bought it when it was close to 20K then Hodling is the best way to go until it gets past the price you purchased at. You never want to sell at a loss.
Exactly NEVER sell at a loss ! If you just ignore it, the loss is not there ! |
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I currently am in the same state of mind as last January. BTC went up and then straight down. I have learn my lesson, next November / December I'll probably sell a few to take profit.
Plus, I am trying to be realistic here :
-There was an unprecedented bullrun to 20k. Odds are veeeery very thin that, in the life of btc, we don't see another similar bullrun again.
-Goldman Sachs exchange !
-Lightning network (dunno really if this will help btc to recover, but hey, still looks bullish to me)
-Maybe some future nice fork annoucements ?
-No more weak hands since the 'crash'
I am hodling at least until mid summer of this year. And if the price stays down, then that would mean to me that I definitely missed the big opportunity at the 20K USD ATH.
HODL
So how's that working out for you? Made any money? |
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Yes of course. More and more governments are replacing their national coins with bitcoin so you will get a lot of that good news coming soon, because governments just LOVE the idea of a decentralized coin they can't control. Of course Lightning network is going to work awesome since it's such a great idea, so that will give a lot of positive news. More and more shops are accepting bitcoins, because they LOVE the volatility, so you will get news from Amazon for example very soon. And bitcoin dominance is rising and rising, more and more people will see that it is THE coin to use because of its ultra low fees and ultra high transaction speed, so that will generate a lot of positive news too.
[/IRONIC MODE]
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Christmas is done, we are now going into Feb.
A drop from $20k to $9k is not because people spent too much on presents!
Haha of course I was being sarcastic. This is what tons of idiots wrote when BTC was dipping from 20k to 17k. That it was a GREAT time to buy and that it was just normal christmas selling. Those same idiots again are saying it's a great time to buy now. They'll keep saying that while BTC crashes lower and lower till it's gone. |
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On the brighter side of things, we can grab some cheap BTC and we don't need those weak hands.  Exactly. Great price to buy some more. Besides this dip was to be expected and it IS BECAUSE OF CHRISTMAS!!! |
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Is Turkey in Europe ? It's in Asia too, but very far from coming in the European Union.
It actually is Europe, but not EU. |
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LOL, they're paying a random amateur $600 in BTC and this is news, why exactly ? Hoping he can dump his BTC quickly, would be sad to see him lose his income when BTC goes to $1000
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Great time to buy more, you should HODL because this dip was to be expected AND IT IS BECAUSE OF CHRISTMAS!!!!
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157B vs 110B, they've never been so close indeed. Very interesting, seems BTC might lose its position as number 1. And since it already failed as a payment system, there will be no value left when ETH passes it
fake news Aug 6 2017 bitcoin 53 billion eth 24 billion you all were saying the same thing then LOL missed some math classes at kindergarten? |
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I’m hodling my bitcoin
How's that working out for you? Made any money? |
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157B vs 110B, they've never been so close indeed. Very interesting, seems BTC might lose its position as number 1. And since it already failed as a payment system, there will be no value left when ETH passes it
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I just logged on now....what's the lowest we've been today?
We've bounced at 9250, just above the low from a few weeks ago. |
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Seems to be holding for now!
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We're almost at the previous low of 9230 now. Below that is the abyss of death awaiting ...
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