I really hope so... Last time it went this fast it hit a massive dump at 5k...
i think most of this rising and alt falling is people moving into bitcoin with the expectation of all these forks. it looks more and more like 2x is either not gonna happen at all, or it'll be a piece of crap no one's interested in. bitcoin gold is the latter no matter what. when both are confirmed non events then i'll guess bitcoin will fall and then have a relief rally Seems like a sensible scenario - out of curiosity I was checking also masterlucs blog and he believes 2.9k$ are gone now, so the fall will not be as bad hopefully! Exciting times... I also bought something during the dip so very happy |
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At this pace we are 7k before SW2x....
Or are they going to dump sometime soon?
I think it's going to slowly grow until 25th of october but not 7k, maybe around 5k I really hope so... Last time it went this fast it hit a massive dump at 5k... |
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At this pace we are 7k before SW2x....
Or are they going to dump sometime soon?
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... meanwhile b2x is losing 10% every 24 hours...
I guess that is why BC is raising, doesn't look much of a threat so far. Fingers crossed
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Usually, bitcoin will be dumped after it hit a new peak. Try to way for 1 or 2 weeks and then you will have a chance to buy cheap bitcoin. If you are still interested in bitcoin but you do not have much money, I think that altcoins can be your optional choice. There are many good altcoins which will become good in the future and some will even greater than bitcoin. You need to spend time to determine which is good and which is bad. If you do not want to take some risks here, just buy bitcoin and wait for another 10 years. Bitcoin will surely higher than $100000
Problem is... nobody knows what the new peak will be and if 5k will be the new support... If 5k becomes the new support waiting for a dip would be useless |
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I really hope the S2x (BT2) price holds on finex: https://www.bitfinex.com/stats1k per bitcoin is not so bad for an airdrop! Too crappy for miners to mine it, good for me to buy 0.25 BTC! |
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So that begs the question... assuming we get to 6k in the bull run, do you think it will hold or will it take months to stabilize afterwards?
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Might be better to start thinking about 5-10 years from now instead of staring at a 15M/1hr chart and stressing over normal fluctuations.
Easier said than done  |
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The price dropped for 2 days. If you want to confirm that as a bearish trend, fair enough
It's just a question of timescale  We're brushing up against the top of that descending channel now though Exactly... The fact that there is a bearish trend does not mean bitcoin itself is bearish... Could be broken anytime afaik |
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Nice to wake up and see we have a new bearish trend confirmed:(
What bearish trend? Stop spreading panic. Mate this is a price tracking thread, I am discussing the price and if you feel paniced because you read a random guy saying he sees a downtrend maybe you should not look here I think he is referring to the confirmed bit Is it not though? :/  |
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Nice to wake up and see we have a new bearish trend confirmed:(
What bearish trend? Stop spreading panic. Mate this is a price tracking thread, I am discussing the price and if you feel paniced because you read a random guy saying he sees a downtrend maybe you should not look here |
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An equal split would be very bad... If we have 50% users backing one and 50% the other (or similar values) the dominance will go downhill
In turn this will mean that the 23Mln bitcoins limit we so much talked about will now be 46mln. Which points to two things:
- value will be halved of both BC chains (which I expect means ~2k for each bitcoin)
- investor confidence will go downhill as obviously the 23mln limit can be changed easily, so we will be in a bear market for quite some time...
It would be much less disruptive if everyone went to 2x imho, as much as I don't like it
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Nice to wake up and see we have a new bearish trend confirmed:(
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BTC has shown its exaggeration by following the booming trend, BTC is now at 4K price and still continues to reach 5K.tapi journey is not as good as toll road, now today down $ 4,227 because the road is being built.
the today's dip is mostly because of the increased activity of the "fork panic" topics all around the media. and we have already have it twice this year. - once when the BU started to gain some support. - second when BCC started being something. - and now with 2x thing! it seems like a never ending FUD that goes to sleep for a couple of months just to wake up again  You have to admit that this one is hardly a normal fork though and the sw2X is turning into a proper hack/takeover of bitcoin by miners. FUD in this case are quite justified... The only hope we have to stop this is people and people are very unreliable |
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I was always sceptical of TA when it comes to bitcoin but is that not a perfect head and shoulders in the bitstamp hourly? pls say no https://imgur.com/3nK0IdZBut this was good head and shoulder if you bought on the dip and because now we have a trend line hopefully  To me it looks like the trend line has been broken -  Yep...looks like I spoke too early but that is ok. What pisses me off is that I suspect the fall is due to recent Dimon's comments... Is bc still falling for this crap or is someone manipulating it to give that impression? |
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I was always sceptical of TA when it comes to bitcoin but is that not a perfect head and shoulders in the bitstamp hourly? pls say no
But this was good head and shoulder if you bought on the dip and because now we have a trend line hopefully Is this an hourly chart??  Doesn't look like it. 2h - on the hourly it is trying to break the 4.2 now, hopefully it will hold and the 2h is confirmed |
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I was always sceptical of TA when it comes to bitcoin but is that not a perfect head and shoulders in the bitstamp hourly? pls say no https://imgur.com/3nK0IdZBut this was good head and shoulder if you bought on the dip and because now we have a trend line hopefully |
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Actually pretty much every financial instrument on this planet moves in bullet time mode compare to Bitcoin (or most crypto).
Since there is so much volatility in BTC already, using leveraged position in bucket shop like eToro or BitMex is a really bad idea. People are more likely to get whipsawed and cleaned out of their position. The real downside is that it prevents you from becoming a true hodler, which is what makes real money in the long run.
My BCs are sacred, no etoro for them. They only stay briefly in Gemini or sometimes Coinbase  Also I almost never leverage as it scares the sh**t out of me, seems more like gambling! I am wondering if we will ever pass the matrix and start predicting the slow stock markets after dope bitcoin training XD |
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