BitcoinNewsMagazine
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January 19, 2018, 07:18:11 PM |
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2 more days sideways and we´ll see a drop. Thats what happens most of the time when we go sideways after a dump :/
My fiat is still ready for $6-8k. We really do not want to see $6-8K. Prices that low would signal a bear market with a high degree of confidence. A double bottom at $9200 could happen without ending the bull market. |
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Elix9
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Activity: 56
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January 19, 2018, 07:19:32 PM |
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2 more days sideways and we´ll see a drop. Thats what happens most of the time when we go sideways after a dump :/
I don't think so What do you base that on? Do you guys think a government shutdown would be beneficial for the crypto markets right now? |
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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January 19, 2018, 07:21:45 PM |
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I see no reversal pattern on the daily chart and flat series of lines at the bottom of the candle body of last drop. Then last night we had that huge attempted breakout where it went up $600 in a second with a good follow through, only for me to wake up today and see it went back down. The volume that was driving the bounce has been gone for a while now. So this isn't going anywhere until it goes back down and catches support again. I'm not saying it has to drop a whole lot further. It might just be a little like to $8K or it might even be within the shadow of the last drop.
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serveria.com
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January 19, 2018, 07:22:53 PM |
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2 more days sideways and we´ll see a drop. Thats what happens most of the time when we go sideways after a dump :/
I don't think so What do you base that on? Do you guys think a government shutdown would be beneficial for the crypto markets right now? If you're referring to China ban that's an old story. S.Korea ban? Does BTC give a damn? |
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bitcoinPsycho
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Activity: 1638
Merit: 1056
THE NEXT 2.4 YEARS ARE CRITICAL🍄💊
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January 19, 2018, 07:24:50 PM |
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2 more days sideways and we´ll see a drop. Thats what happens most of the time when we go sideways after a dump :/
I don't think so What do you base that on? Do you guys think a government shutdown would be beneficial for the crypto markets right now? based on nothing but my belief in bitcoin . Oh and the inevertability chart says so. $20000 by 29th Feb $40000 by March 28th et cetera |
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BTCMILLIONAIRE
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January 19, 2018, 07:26:05 PM |
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2 more days sideways and we´ll see a drop. Thats what happens most of the time when we go sideways after a dump :/
I don't think so What do you base that on? Do you guys think a government shutdown would be beneficial for the crypto markets right now? If you're referring to China ban that's an old story. S.Korea ban? Does BTC give a damn? Nope, it doesn't and it won't. After all, countries like Switzerland are embracing cryptos with open arms. As much as I can understand why a government would want to regulate or outright ban cryptos, it's almost certainly the wrong move from just about every perspective. |
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Elix9
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Activity: 56
Merit: 0
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January 19, 2018, 07:28:26 PM |
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2 more days sideways and we´ll see a drop. Thats what happens most of the time when we go sideways after a dump :/
I don't think so What do you base that on? Do you guys think a government shutdown would be beneficial for the crypto markets right now? If you're referring to China ban that's an old story. S.Korea ban? Does BTC give a damn? Nope, it doesn't and it won't. After all, countries like Switzerland are embracing cryptos with open arms. As much as I can understand why a government would want to regulate or outright ban cryptos, it's almost certainly the wrong move from just about every perspective. I wasn't talking about government regulations, I was referring to the possibility of a temporary US Federal Gov. shutdown that has been in the news lately. |
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jojo69
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Activity: 2338
Merit: 3124
1/21000000 , the only math you need to know
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January 19, 2018, 07:30:19 PM |
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What do you base that on?
Do you guys think a government shutdown would be beneficial for the crypto markets right now?
what...on earth...would that non-event have to do with anything?? |
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BTCMILLIONAIRE
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January 19, 2018, 07:31:06 PM |
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I wasn't talking about government regulations, I was referring to the possibility of a temporary US Federal Gov. shutdown that has been in the news lately.
Ah, I see. In that case I'm not sure why crypto would benefit from that. Doesn't really have any relevance that I could think of spontaneously. |
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Elix9
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Activity: 56
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January 19, 2018, 07:31:29 PM |
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What do you base that on?
Do you guys think a government shutdown would be beneficial for the crypto markets right now?
what...on earth...would that non-event have to do with anything?? People lose more faith in the established system and gain a little more faith in crypto, a possibility. |
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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January 19, 2018, 07:31:37 PM |
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Clearly his analysis was based on TA and not events. Sometimes the event is just a whale trying to dump.
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serveria.com
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January 19, 2018, 07:35:41 PM |
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2 more days sideways and we´ll see a drop. Thats what happens most of the time when we go sideways after a dump :/
I don't think so What do you base that on? Do you guys think a government shutdown would be beneficial for the crypto markets right now? If you're referring to China ban that's an old story. S.Korea ban? Does BTC give a damn? Nope, it doesn't and it won't. After all, countries like Switzerland are embracing cryptos with open arms. As much as I can understand why a government would want to regulate or outright ban cryptos, it's almost certainly the wrong move from just about every perspective. Exactly, it's like trying to ban internet...  You can attempt doing it but you risk being isolated and lag behind... |
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BTCMILLIONAIRE
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January 19, 2018, 07:36:08 PM |
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what...on earth...would that non-event have to do with anything??
People lose more faith in the established system and gain a little more faith in crypto, a possibility. Government shutdowns are not a rare event at all, so I don't see why it would sway public opinion in such a way. If it was the first time the government has been shut down that could potentially be a possibility though. |
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JimboToronto
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Activity: 3164
Merit: 2729
You're never too old to be young.
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January 19, 2018, 07:40:42 PM |
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Have you found any bitcoin ATMs in Mexico you can use to buy the dip yet? I found twelve in Mexico from a google.
When I first checked the BTC ATM situation in Mexico last year, there were only 3, 2 in Tijuana and one in Mexico City, according to CoinATMradar. Now they're popping up everywhere, however they're still pretty scarce in the Yucatan peninsula. There are none in Quintana Roo where I am but there's one in Merida, a few hours drive away, in case of an emergency. There's little to no chance of me buying a dip like the one a few days ago. I just had to sit back and be grateful I bought my CAD when the price peaked almost 2 weeks ago and congratulate those smart and lucky enough to buy the dip, while pitying the fools who panic sold. I figured I'd only use BTC here in an extreme emergency. Hopefully I'll have enough fiat left when I get home to buy the first dip that comes along. |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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January 19, 2018, 07:55:46 PM |
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Off to bundle-up, hop on a horse, and start makin' muh way around the snowy countryside, lookin' out for them coyotes.
So are we going to break through $12k today or what ?
Imo you could better take several days of holiday hunting coyotes and whatnot. This weekend will be critical to know if the bottom holds. |
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BTCMILLIONAIRE
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January 19, 2018, 07:56:27 PM |
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How the fuck do exchanges even go insolvent? |
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Imbatman
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Activity: 80
Merit: 11
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January 19, 2018, 08:01:28 PM |
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How the fuck do exchanges even go insolvent? Is this "priced in", or are we going to catapult down even further when they do finally go under? Wondering how much of the recent plunge was the futures contracts coming due versus BitConnect. |
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jbreher
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Activity: 2926
Merit: 1536
lose: unfind ... loose: untight
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January 19, 2018, 08:18:08 PM |
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Thanks. That interview (linked in the transcript) distills down into a concise half-hour the extent of the gulf between popular cultural norms and rationality. |
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bones261
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Activity: 1806
Merit: 1823
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January 19, 2018, 08:26:55 PM |
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How the fuck do exchanges even go insolvent? Either they got "hacked" or they misappropriated the funds. Bitfinex got "hacked" back in the Summer of 2016. I highly suspect that they have misappropriated funds, though, and the "hack" was a inside job. Even if it was not an inside job, it takes a special kind of stupid to allow some hacker to access the hundreds of private keys that was required for the "hack." It may be really bad for the BTC economy when they finally go under. However, in the end, the cryptocurrency marketplace will be better without them. I absolutely dispise Bitfinex. |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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January 19, 2018, 08:27:56 PM |
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Mentally psyching myself up to sell my next block, next week around $11.5k, if we don't find support at $12.5k.
I need to stay on schedule for end of Q1.
I prefer to change my plans and remain almost all in, betting on a recovery in a month or 2. If I did not sell at 20K why should I sell at 11K? |
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