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RayX12
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December 19, 2017, 09:52:19 PM |
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This bottom 16.5 to 17K is being tested a number of times! Last chance to buy before 25K pump.
Are you missing this train?
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d_eddie
Legendary
 Offline
Activity: 2492
Merit: 2913
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December 19, 2017, 09:55:41 PM |
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17k is basically holding. It looks like a strong support area. I can't begin to imagine how much it costs to move the price down as they just did. Does anyone have statistics to offer - like number of coins dumped, or a similar metric?
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Ludwig Von
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December 19, 2017, 10:00:57 PM |
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17k is basically holding. It looks like a strong support area. I can't begin to imagine how much it costs to move the price down as they just did. Does anyone have statistics to offer - like number of coins dumped, or a similar metric?
No idea, but is is planned actions to initiate a sell-off for sure, no external triggers to be seen. (I still must read the paper on LN, will be weekend). |
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bitcoinvest
Legendary
Offline
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
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December 19, 2017, 10:02:14 PM |
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17k is basically holding. It looks like a strong support area. I can't begin to imagine how much it costs to move the price down as they just did. Does anyone have statistics to offer - like number of coins dumped, or a similar metric?
we need wait little more to have an answer... maybe they have a 2nd wave incoming as we speak |
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Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
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December 19, 2017, 10:04:06 PM |
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Probably the best time to buy bitcoin right now, we might not see this price again in 2018, though I think the dump could see more depth.
Alts probably going to bleed once again once bitcoin goes after recovery.
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RayX12
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December 19, 2017, 10:05:09 PM |
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Wall Street followers dumped their coins in panic mode!  Let the Xmas party begin!  |
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HanvanBitcoin
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December 19, 2017, 10:08:02 PM |
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And up we go again!  without those weak hands, and a refeuled wallet  |
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DaRude
Legendary
Offline
Activity: 2788
Merit: 1815
In order to dump coins one must have coins
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December 19, 2017, 10:08:07 PM |
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This feels bottomish, are bcash pumps starting to run low?
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strawbs
Legendary
Offline
Activity: 868
Merit: 1340
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December 19, 2017, 10:09:06 PM |
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Gotta love it when panic sellers panic sell. Learn to HODL, it's all you need to do. Even Wall Street can't handle our HODL mentality, it's too strong for them.
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flynn
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December 19, 2017, 10:10:12 PM |
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I pity the bitcoin shorters. Futures holders must be badly rekt'd by now.
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BTCMILLIONAIRE
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December 19, 2017, 10:12:12 PM |
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What the fuck is even going on? Could someone tl;dr me?
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BTCMILLIONAIRE
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December 19, 2017, 10:13:14 PM |
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Fuck Denmark. member fuck denmark? |
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Spaceman_Spiff_Original
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December 19, 2017, 10:13:32 PM |
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This Peter Van Valckenburgh guy knows his shit. He has a bit of a tendency to overspeak the other guys, but then again, with Peter Schiff being there you kind of have to, and it must be frustrating to be the only guy in the room who really knows what is going on and having to bite your tongue all the time. |
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Spaceman_Spiff_Original
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December 19, 2017, 10:15:30 PM |
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Lol, Central Bank dudes have been saying similar stuff since forever. This is just zerohedge playing their favourite game of backfitting (if that is even a word) the data. |
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strawbs
Legendary
Offline
Activity: 868
Merit: 1340
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December 19, 2017, 10:16:17 PM |
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Anyone who uses ZeroHedge as their news source deserves to have sold at the bottom |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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December 19, 2017, 10:22:22 PM |
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Ah, and finally here is the trigger :
I never knew the Danish central bank and some bloke from Blockchain.com spouting utter nonsense with his BeeCash crap would have an effect on the market. It was simply time for a correction. But as usual, pity humans seek a reason for the decline, because their brains crave for it. Simply 'correction' does not count, it should be a 'story' each and everything. I no longer become mad about this delusional mass psychology, since the same mechanisms slings a digital asset upwards towards being the numeraire. |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4482
You're never too old to think young.
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December 19, 2017, 10:23:20 PM |
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JIMBOOOOO!!! To the ATM, rush!!!
(buying commission must be pretty low too)
Actually, the buy fee didn't come down at all at my closest ATM. The price didn't really dip enough for my liking anyway. Dipping to where it was just a few short days ago isn't usually enough for me to buy. Between the high fees and the shallow dip it wasn't worth it for me. A couple of other machines offered better fees, but one is is a sketchy location and the other is too far outside my neighborhood. The cost of a cab would have negated any buying advantage considering the limited amount of fiat cash I have in hand at the moment. Even if I had more cash and raced over in a cab, I might have been too late anyway. The price has already come halfway back up. If it dips further and goes below $15k, I might be tempted to reallocate some funds to buy some more. For now however, I'll just hold. |
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