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Seems to me this CBOE is quite yawn so far XD
Maybe needs to warm up the engines
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I think If it continues like that sellers will move to the best exchanges, leaving bitstamp et al. with less and less volume
This will probably be the real attack to bitcoin, the full centralization of exchanges (so, I see gemini and coinbase taking the lead soon)
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Does Gemini allow margin trading (shorts)?
In other words, can the underlying position on Gemini be short too, or can it only be long?
Only long afaik, short will be available on the CBOE exchange For shorts I usually go on etoro but has stupid fees |
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The FUD is strong these days, almost reminds me when BCH was a thing XD
Some people might FUD because theres no clear explanation of how futures work, and we dont know who have been pumping bitcoin recently. It could be hedge funds who are going to sell contracts in CME, and we dont know if the banksters who are against bitcoin will be their clients or not. So some people are shorting, based in this fear, I think. If you are going to short, just short some small bit, hold the rest, because fiat is not worthy it, unless you really want it to pay bills. Well, the few I regard in this space all suggested not to short... Also, although it seems a crap lots of money I see nothing different from the small dips we had in the past in terms of percentage! I think up to 10k we got without the help of derivatives, so that is our base... I can live with that |
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The FUD is strong these days, almost reminds me when BCH was a thing XD
If we can hold these losses until Monday it will help to shake loose more coins. Yep, for the happyness of banks, I am out of fiat  |
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The FUD is strong these days, almost reminds me when BCH was a thing XD
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Is that green bar telling us we are done?
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Man it's going down fast!
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I am poor again |
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Not sure if we get to 100k but at least we get rid of bcash once and for all  |
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I can justify why you are annoyed your "at least 3k$" prediction did not come true  Got rekt twice? That type of thing takes a wee while. No, he mentioned a crash really... |
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Can you explain how "just adoption" justifies a price increase of 2000% within a few months? Adoption does not just suddenly jump from horizontal to straight lines and and happen all at once in a 2000% spike. It is more like a smooth logarithmic curve of a few percent per day. So if it jumps too much that means it is overbought by traders.
I can justify why you are annoyed your "at least 3k$" prediction did not come true Got rekt twice? |
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I don't need to watch the video but 2018 has been predicted my Michael Novogratz that it will be at $40,000 and I assume that it will happen since he has some accurate predictions before. He has a good standing for saying that bitcoin will be at $10,000 for this year and it was greater now so he has some exceptional predicting skills in my own opinion and I admire that. Sorry for not watching the video. He said at least 40k XD |
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На десяточку парни идём, на десяточку.
Шортить не советовал и не советую. Останетесь без трусов.
What does he say now I don't understand |
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What could a potential correction bring us to? I think most of us agree that we're due for one but for those of us that have been here long enough, bitcoin "crashing to 10k" would sound like a pipe dream a couple years ago.
Even a month ago actually XD |
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Calling $20k+ within 3 days
$17k in Korea atmo. Why so bearish?  the dumpfest will be yuge, almost all alts are shorted .. bad boys are waiting to take the profit .. or not All US allies are onboard with BTC, whilst russia and china banned it straight away... If I connect the dots... Maybe we are experimenting on a real financial system that instead of destroying the government, will expand it to a global power? |
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Lol, ethereum is looking back at its beloved 300$ again  |
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[
Mobile phones, microwaves, color tvs, radios, cars, computers, any revolution really
I think the best way to compare it is with the total market cap of cryptos, rather than BTC. I would probably consider BTC the Ford of cars during their growth
Not sure these are a good model, because all these goods, when successful, have been produced in quantities to lower their price, plus they got competition. Bitcoin cannot have mass production or fake ones. I don't think there is something quite like bitcoin... Maybe gold, but doubt there is a chart showing gold since 700B.C. |
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I was just checking out the chart for the Dot com bubble.
The market actually only went up from about 800 to 5000 before falling back to just over 1000.
So it made me wonder, has there been a major market that has risen 10x+ over a year or less and has held its gains i.e. not fallen back near to the start price.
Tulips and the Dot com bubbles are well known, but there must be cases of exploding markets that stayed high. I am looking for a good Bitcoin-esque example to reply to the haters (my brain included!)
 Mobile phones, microwaves, color tvs, radios, cars, computers, any revolution really I think the best way to compare it is with the total market cap of cryptos, rather than BTC. I would probably consider BTC the Ford of cars during their growth |
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