Few 1k dumps to shake out the weak hands and tempt the small fry to short.
Weekend retest of low 270's as support..?
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Someone needs to make a halving countdown thread..
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We are still holding on the 280 ish territory. Im not worried about downtrends and welcome them. Every day with a price under 1000 is a happy day of cheap as hell Bitcoins. The insane potential for this once-in-every-1000-years technology is beyond imagination, therefore, everyday that Bitcoin is acquired at low prices is something worth celebrating for.
Yes. After being around bitcoin for a while, especially some of the toxic individuals on here, if is possible to forget the wonder of bitcoin and it's amazing potential.
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users have the one thing that has made Bitcoin great for them being taken away; fast, easy, cheap payments.
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You know what they say about kids, the truth comes out of their mouth. Seems old folks can't help but to spread lies and rewrite history. It says everything about your character that you have travestied your traditional view of Bitcoin as sound money to support your block size position. Retail acceptance of Bitcoin is irrelevant to its strength as a SOV. Either way, you have done nothing to disprove my argument. There are billions if not trillions of dollars that can be served by Bitcoin AS IS. Let's not focus only on how many users we can accomodate Sorry but if I cannot use btc as an easy form of payment then it certainly loses its appeal as a private currency.
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but but... we all agreed it's different this time!!
better sell now, huh!? Yep, we're going to fall to 255-260$ (61.8 fib retracement) before next leg up to 340$. According to you we were definitely retesting 160 when the price was 220. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) According to you the bottom was above 800. In that moment it was.. I see the bear brigades are back! Replenished your pitiful trading accounts lads?
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but but... we all agreed it's different this time!!
better sell now, huh!? Yep, we're going to fall to 255-260$ (61.8 fib retracement) before next leg up to 340$. According to you we were definitely retesting 160 when the price was 220. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Could be in for an interesting weekend in terms of price volatility. The price has been guided down on finex with a series of large sells and is currently shaking out the weak hands. Encouragingly still in a solid uptrend from 219. Pulling up the 1 week chart shows that a single positive green strong week changes the whole complexion of the technical picture making things look phenomenally bullish.
Longs at 29.5 million, shorts just shy of 11,500 on finex.
Let's see what happens.
ps. Gysur stop quoting the troll, you know better, thanks.
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Buy gold and short btc.
Not going too well..
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Dutch bank ABN AMRO: "The financial world is going to flip upside-down." LoL my own home bank in my country is making a -U- turn LoL. ''Blockchain technology is out there, tested, proven and operational. However, the context in which Blockchain operates is still quite immature. If we compare this moment to the early days of the Internet, we are in the ‘just before Netscape arrived’ moment'' Get youre position, buy youre coins now before it's to late! https://www.abnamro.com/en/newsroom/blogs/the-next-big-thing.htmlBut but but..double digits!
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6n6xZV4.png&t=663&c=dhaPT8kzibxupA) Seems legit..
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We're down 3 USD today, what is all the panic about? For real world terms 3 USD will buy you a coffee or a burger. That is literally the price loss over the last 12-24 hours, let's all calm down shall we & see how this plays out. It's not exactly time to start tying a noose & hang ourselves ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) A lot of newbies get really scared when they see a significant bitcoin crash, I have been through 2 big crashes and lost most of my investment before I doubled it again.. Bitcoin should be treated like a capital investment, it makes much more fun then. When you start seeing it more than that and becoming a little emotional about it, shit hits the fan. The only people yelling 200 have sold or are short. They are gambling against the trend.
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But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...
Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, ...
except by the fees or when the gov block you from accessing bank stuff, like happened in Greece and other countries in different times you know how expensive a bitcoin TX is without the subsidized Blockreward would be? The ~50$ a current transaction costs makes the traditional system look cheap as fuck... Somebody has to pay all the THs of mining power burning all the electricity 24/7... Well, if community would want the price to go up no market maker would be strong enough to push the price down... Everyone (existing bitcoiners) should simply buy one more bitcoin and hold it for a month or two.
my opinion is that the demand is too low for a strong upward trend at the moment. but the situation maybe change after the halfing next year. I think that demand is big enough... Fact is that someone with lots of coins is shitting around for a year now. Also community has changed big time and bitcoin use to grow on it. Halving sure will bring the spike! Many are already buying coins just because of that, after all it is less than a year until halving ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Not really... A real demand is almost not existing. It's purely driven by speculation ... The block reward is falling exponentially. Speculation has been working for 6 years. It seems to have worked for gold for 5000 years. Your points aren't really valid to use for short term price prediction.
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bfxdata.com
Haha. Pull the other one. there is a whole list... just to mention some. slow confirmations blocksize energy consumption outdated blockchain tech banks dont give a damn bad reputation usage is down regulatory issues on exchanges scams everywhere blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation. Blah blah. You've been on the wrong side of the market since January.. loo, It appears you are on the wrong side of the market since you joined this forum 😂 I literally popped into existence when i joined this forum. You too, right?
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bfxdata.com
Haha. Pull the other one. there is a whole list... just to mention some. slow confirmations blocksize energy consumption outdated blockchain tech banks dont give a damn bad reputation usage is down regulatory issues on exchanges scams everywhere blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation. Blah blah. You've been on the wrong side of the market since January..
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Dear Bulls & Bears
Do you have enough now?
I am simultaneously buying and selling my coins because of your bipolar stance. Net effect on the market is zero ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I just sold both my bitcoins because of this thread.
Best thing you've made inca, you saved your precious life with selling now. COME'ON PEOPLE, SELL NOW BEFORE IT'S TOO LATE !!! I just sold your bitcoins, too. I just had to cut your loose and rid you of your ponzi bags. Warren Buffer told me bitcoin is rat poison.
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I just sold both my bitcoins because of this thread.
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bfxdata.com
Haha. Pull the other one.
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