Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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June 10, 2018, 05:11:03 PM |
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Wow bitcoin is way up in the thousands per. That's amazing after just a few short years. Long way to go yet, but we're getting there
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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yefi
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Activity: 2841
Merit: 1485
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June 10, 2018, 05:13:53 PM |
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We seeing same patterns as in 2013/14 after the gox crash. We'll going to 2 or 3k slowly but surely.
It's looking more likely. The support line is on the verge of breaking, and that's sure to generate some psychological fear. |
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kingcolex
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Activity: 2366
Merit: 1258
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June 10, 2018, 05:15:42 PM |
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$7100 area, let's see how $7000 holds.
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Majormax
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Activity: 2534
Merit: 1128
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June 10, 2018, 05:22:22 PM |
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People say no way the market is completely different etc. Said that as we were at 19k. We seeing same patterns as in 2013/14 after the gox crash. We'll going to 2 or 3k slowly but surely. Im in long term, no I dont want cheap coins and just saying this.
I agree, and nothing I have seen since December causes me to change my mind. The hacks, FUD, good and bad news are all trivial compared with the Big Trend, which will probably steamroller everything else for the next year or two. The December high was an overbought extreme caused in part by the opening of CME futures, and the longer rising trendline is around 4k. Could get oversold around 2k before the real uptrend resumes, but there will be lots of false dawns first, and would not be surprised to see 9k again before the final bottom. Maybe a 10% chance of total failure, and that will get priced in, but hardly worth considering atm. Having said that, I think trading and shorting is very risky, but just my opinion fwiw. |
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greensheep
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Activity: 274
Merit: 44
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June 10, 2018, 05:22:50 PM |
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sundays dumps, it's been a real fashion the last 6 months.
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Derpinheimer2
Jr. Member
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Activity: 69
Merit: 4
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June 10, 2018, 05:29:13 PM |
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Support at $7175 looking strong. Probably we're gonna see a jump now but I'm literally tired of seeing stupid head of Mr. Bart Simpson again and again.
Within the last 3 hours, I've received two calls from my family members asking how they can buy bitcoin right now. Surprisingly, they've been keenly observing BTC to USD rate at Google and today they think is the right time to buy.
#ThatHappened |
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Majormax
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Activity: 2534
Merit: 1128
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June 10, 2018, 05:29:21 PM |
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Wow bitcoin is way up in the thousands per. That's amazing after just a few short years. Long way to go yet, but we're getting there
Thanks for the reminder. Isn't it fantastic ! Its doesn't seem so long ago that the predictors of $5000 were considered utterly wacko crazy, even by committed bulls.. |
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kingcolex
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Activity: 2366
Merit: 1258
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June 10, 2018, 05:31:53 PM |
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sundays dumps, it's been a real fashion the last 6 months.
Just hope it doesn't dump too far below $7k. Would be nice to think we're on a slow ascent approaching December. That's what I'm hoping for too, I guess a week or two ago we were saying $6800 was the true double bottom right? Maybe that's where it's going. |
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Derpinheimer2
Jr. Member
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Activity: 69
Merit: 4
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June 10, 2018, 05:32:27 PM |
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7000
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kingcolex
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Activity: 2366
Merit: 1258
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June 10, 2018, 05:36:04 PM |
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Hold onto your butts. Choppy waters ahead.  Looks like bears are attacking right now, I'd love to see some bulls hit back and spike it. |
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mike4001
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June 10, 2018, 05:37:17 PM |
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$7100 area, let's see how $7000 holds.
Nope, broken. |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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June 10, 2018, 05:37:49 PM |
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can't look  |
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mindrust
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Activity: 2912
Merit: 2304
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June 10, 2018, 05:38:50 PM Merited by JayJuanGee (1) |
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Next major support is at 6.5-6.6k. If gets broken Sub $5k incoming. I bought shitloads from 7-8k. shit. Was hoping it to move upwards  Good news is I am still getting paid with papers. I'll have more bullets to fire soon  |
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jojo69
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Activity: 2842
Merit: 3979
1/21000000 , the only math you need to know
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June 10, 2018, 05:39:52 PM |
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ruh roh
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OWZ1337
Member
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Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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June 10, 2018, 05:40:48 PM |
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free tokens for everybodyyyy  weeeeeeee |
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rolling
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June 10, 2018, 05:41:41 PM |
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5920 and then hard rebound to 10k
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kingcolex
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Activity: 2366
Merit: 1258
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June 10, 2018, 05:42:56 PM |
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What was that fucking double or triple bottom number?
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tesla80
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Activity: 448
Merit: 89
Full Stack Engineer
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June 10, 2018, 05:43:41 PM |
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Is it similar to 2014?
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FractalUniverse
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June 10, 2018, 05:46:14 PM |
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what an ugly correction. nevertheless im still bullish and bought some more next buy slightly above 5500. considering 60xx order as well |
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Derpinheimer2
Jr. Member
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Activity: 69
Merit: 4
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June 10, 2018, 05:46:45 PM |
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Is it similar to 2014?
No, this will be different. It wont reach a new ATH this time  |
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