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So it looks like we were just in the first sell off/bear trap phase. Nice.
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FWIW, I was listening to a Trace Mayer interview and he stated that several Fortune 50 companies have used bitcoin for years doing cross border payments in order to increase their tax efficiency. 23 min mark: https://www.youtube.com/watch?v=OuZMheO_dik |
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The weekly candle flipped red, but does it really matter?
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I wouldn't have any objections to this!
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Hold off on the wal-mart applications, we just cracked $8640.
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The bitfinexed dude is gonna go crazy, he was tweeting every 20 minutes how tether is a scam and bitcoin will crash and burn. He sold early, around $1500, and received $40,000 from donations for his lawsuit against bitfinex.
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Someone fat finger on GDAX?  |
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For what its worth, latest post:
"I'm 90% sure that a giant triangle is drawn on the weekends. First, there are often triangles in a quadruple. Secondly, triangles are certainly after such a swing.
I think that this 2 month wave from 19800 to 5500 is the first wave A of the future triangle.
How long will the correction take? Well, if wave A lasted almost 2 months, then count. For about a year we will dance around ten."
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Have we hit despair or is it yet to come?
I have not seen a single media report that Bitcoin is dead. Nouriel has been flappin' his gums lately. https://twitter.com/Nouriel/status/960743853748883456 Nouriel Roubini As expected Bitcoin now crashes below $6000. Now the $5K handle is reached. And the US Congressional Hearing on Crypto-Scams is still a day away. HODL nuts will hold their melting Bitcoins all the way down to ZERO while scammers and whales dump and run... |
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Have we hit despair or is it yet to come?
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Here he answers in the comments:
"Q: Bitcoin Vanga., That is, after all, bearish trend for a couple of years as in 2014?
A: Paul, yes, I think some kind of huita. For a long time we will recover from the shock."
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We're just 847 days until the next block reward halving.
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The price will probably stick at $6666 for a while.
Dang, just like 2014 but with an extra 6........... |
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The latest: "Trump changed his granny. Grandma farewelled the American stock market bubble and then turn everything around ... Wall Street drags down Bitcoin heavily. We observe what will happen from this."  https://vk.com/bitcoin_vanga |
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 New lows be like. |
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Lets get a nice weekend pump going, for old times' sake!
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