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Hey trust.no.one, I can't hear down there from waaayyyy up here in the sky. WHAT WERE YOU SAYING? hahahaha
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Ive seen many people just like you stuck holding fiat turn in to disgruntled bitcoin haters. Let this be a lesson to all, don't get caught holding fiat while the crypto train leaves you behind hahaha You don't want to end up like this guy ^^^^^^
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Ah yes, the old somebody else said something similar at some point and they may have been wrong... or early, so that makes you wrong too logical fallacy.
This is the first time I have said anything about it. The ripple chart looks very bullish to me, but the bitcoin chart looks extremely bearish to me in the short term. If it does not decline substantially in the next few days then I will happily buy back in, but it looks like it's going to plummet, and I know if it does then people will start dumping their ripple too. Maybe if ripple were already being traded on coinbase it would be a different story. I hope it does go way down so I can get more ripple.
You just need to zoom out a little more on the BTC chart, bull run is still very much in tact. Bitcoin is a device that transfers money from the impatient to the patient. |
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No I actually just tripled my money going all in on ripple, but I am 100% in USDT right now. Any other asinine assumptions you would like to make? Please hold your coins. You are much smarter than me.
Ok everyone, give a round of applause 👏 for I trust no one...he triple with ripple! One more person told but you better get back to ripple. Because USD coins are not trustable for me generally. If you get fiat cash, that's good, but for others, I don't know. For ripple, the spike will happen early-mid 2018. I understand the risks of USDT. I think it is much lower than the risk of holding anything else at the moment. Trading back to fiat would be ideal, but if I trade for fiat back at coinbase then it will get reported to the IRS, something I want to avoid. I'll probably wait for the BTC crash, buy ripple around the bottom and ride it back up once more as BTC bounces back to ~$10k, then cash everything out for a while, into real cash. I think BTC is entering a bear market. I don't know how ripple will react in this situation. If I do hold any crypto it will be ripple. I have no interest in bitcoin, ethereum, or any of the others. But I'm taking a wait and see approach for a while. I'm not sure where you've been but the correction is already over. During every single correction, we hear a bunch of paranoid bears calling for the big crash that never comes. These people have been wrong every time. Never cry wolf! The charts don't lie. |
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In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell  We have seen LOTS of shorts squeezed on this rise. When is the last time you remember seeing some cataclysmic longs squeezed to implode the price? It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical. The draught of long squeezes has to invert at some point. this is because with rising BTC price the value of your collateral for your leverages increases too - atleast this is my view; i usually dont use leverage. Well, it's mostly because there are people who own like 200,000 coins and can't sell them without imploding the market, so they're essentially illiquid, toxic assets. On the other hand, they can use their toxic assets as margin collateral to squeeze shorts and also to do pump and dumps. If you live in a civilization that facilitates people to leverage toxic assets and create a toxic asset at 3x the price of a non-leveraged one, take a good look around because all this shit is going to be crumbling down on top of you soon and that applies to both bitcoin + Wall Street. Every time the market dumps, it also purges those giant holders from the market. This distributes coins out to more holders which strengthens the market. Really? You mean besides WuVer? I can't help but think these are recent bag holders dumping, not HODLers! Nope recent holders don't have enough coins to move the market like this. It is clearly early adopters cashing out large amounts of coins. Early adopters don't dump on the exchanges. They call Bobby Cho at Cumberland Mining and sell direct to institutions or high net worth peeps. Min transaction $100,000. Million dollar transactions preferred. The markets are liquid enough to buy/sell a million $ worth on exchanges easy. OTC isn't as big as people think now. |
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I've been feeling that the price jump has been built on FOMO speculation for a while now. I think that the real, solid base is around $6k (roughly following the longer-term linear trend), but I expect speculators to stabilize it if it reaches $10k, at the very least, and then those prices might or might not stabilize.
So IMO $6k and below is "solid", $6k-$10k is semi-solid, and everything above $10k is a house of cards. No idea what'll actually happen in the next few days, though; it's pure speculative madness. In the next hour, I wouldn't be surprised to see a drop to $10k or an increase to $16k.
I agree with this. This mostly felt like get-rich-quick types jumping on. Once they are disappointed and broke, we should settle back in around 6-10K and move sideways for a bit, which is not bad. A lot of the altcoin euphoria is out of control as well and there would be serious losses. We can do away with 95% of the alts and the market would be much healthier. |
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In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell We have seen LOTS of shorts squeezed on this rise. When is the last time you remember seeing some cataclysmic longs squeezed to implode the price? It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical. The draught of long squeezes has to invert at some point. this is because with rising BTC price the value of your collateral for your leverages increases too - atleast this is my view; i usually dont use leverage. Well, it's mostly because there are people who own like 200,000 coins and can't sell them without imploding the market, so they're essentially illiquid, toxic assets. On the other hand, they can use their toxic assets as margin collateral to squeeze shorts and also to do pump and dumps. If you live in a civilization that facilitates people to leverage toxic assets and create a toxic asset at 3x the price of a non-leveraged one, take a good look around because all this shit is going to be crumbling down on top of you soon and that applies to both bitcoin + Wall Street. Every time the market dumps, it also purges those giant holders from the market. This distributes coins out to more holders which strengthens the market. Really? You mean besides WuVer? I can't help but think these are recent bag holders dumping, not HODLers! Nope recent buyers don't have enough coins to move the market like this. It is clearly early adopters cashing out large amounts of coins. |
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In the next few days the people who took in loans to buy BTC at 18-20 k will start to sell We have seen LOTS of shorts squeezed on this rise. When is the last time you remember seeing some cataclysmic longs squeezed to implode the price? It hasn't happened since the price was in the $400-800 range probably. Everything is cyclical. The draught of long squeezes has to invert at some point. this is because with rising BTC price the value of your collateral for your leverages increases too - atleast this is my view; i usually dont use leverage. Well, it's mostly because there are people who own like 200,000 coins and can't sell them without imploding the market, so they're essentially illiquid, toxic assets. On the other hand, they can use their toxic assets as margin collateral to squeeze shorts and also to do pump and dumps. If you live in a civilization that facilitates people to leverage toxic assets and create a toxic asset at 3x the price of a non-leveraged one, take a good look around because all this shit is going to be crumbling down on top of you soon and that applies to both bitcoin + Wall Street. Every time the market dumps, it also purges those giant holders from the market. This distributes coins out to more holders which strengthens the market. |
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Bitcoin is struggling to recover this time. Ver is trying everything he can to sabotage the market.
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I didn't think bitcoin could be this volatile with the size of market cap it has now. I was wrong. It's going haywire right now!
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Its dipping again! Who the fuck is selling now?
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Time for the next ATH game  I say 29. Dec. 2017. After series of ATH's BTC will reach 25K on 15.Jan.2018 before the next dip. Jan is early let everyone pay taxes people are mining $8M everyday so let them pay taxes in billions of $ so next TH will be after April and end of 2018 is 35K + Last year at this time everyone thought that 2k by the end of 2017 was unrealistic. I wouldn't be surprised at all if btc hit 50-100k end of 2018. |
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.................
Just become a hodler. You will also win more $ besides less taxes. Just sell it for cash and don't pay a dime in tax And lose all the BTC upside as well ........ We never sell all, but some of us have made enough that we can enjoy life now too |
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.................
Just become a hodler. You will also win more $ besides less taxes. Just sell it for cash and don't pay a dime in tax |
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No problem with Going down .... panic Sellers to leaving the ship .... weak hands to get out but i wish it would happen after This sunday
I Just Made myself a very cool BTC christmas sweaters to be sitting with a handfull of NOCOINERS
I can imagine what to hear @ the dinner table
That is sad |
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GDAX order books must be thin as paper...jumping from 8600 to 11200 in literally minutes
13200 on polo |
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I feel good knowing that Im holding a ton of ripple now..guys please don't hate me
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