fragout
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Activity: 1279
Merit: 1018
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February 02, 2018, 09:56:54 AM |
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Guys i think its over...
IT was a honor ;(
Don’t be silly. It’s not over it’s barely begun. We might go to 3k between here and there but that’s nothing. We will be back bigger and meaner than ever. If changing the world was easy, everyone would do it. Exactly. Im still holding my btc But the decline is to scary to watch Yes it is but on the plus side, the sell order books are stretched very thin on all exchanges and the buy side is holding strong. No one seems ready to call the bottom though so a rebound is not on the cards yet although the volume is increasing on each attempt. All it will take is some brave whale to kick off a neck breaking bounce. What happens after that though is anyone's guess |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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February 02, 2018, 09:59:38 AM |
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Bulltrap?
It was. And I dare say we're in another. The bulltraps will continue until Tone Vays is worshipped as a demigod of TA. Still, this is nothing; a scratch....  |
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Enjel
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Activity: 70
Merit: 21
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What will happen is once it reaches 8000 or 5500, suddenly everyone in the forum will be calling $1K and the death of bitcoin, but I will be there saying.. "no idiots were about have a bounce to $13K", and viola, suddenly I'm a bull. Though as usual I'll be the person on the forum receiving the most flak.
I suddenly remembered this post from a month ago. The first half has already come true (along with certain people calling the end of Bitcoin). The second is calling for a 50% bounce up. So I have to merit this. |
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luckygenough56
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Activity: 1526
Merit: 1012
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February 02, 2018, 10:09:48 AM |
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7600 Major supoport
only major supo is 5500 euro is the new cool coin |
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kurious
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Activity: 2590
Merit: 1643
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This is getting close to the 'blood on the streets' point.
But it is wise to see why the speed of this drop is actually positive - who wants a two year bear market? 2014 / 2015 all over again? No thanks. Give me the fall now, show us the real bottom, cut the dead wood back and we will see the growing back far sooner.
It'll be good to see one more dump from hell IMHO.
Bitcoin and crypto in general is not dead, right? After Gox, it did look like it might all be over - that is not the case now, nowhere near it. So at some point there is a price to buy hand-over-fist coming up. This drop is not manipulation, it's not news, it's just how it is. We went incredibly high until weak hands FOMO'd it even higher, perhaps irrationally so. These weak hands are being shaken out and once they are we will find a base to rise from.
The coins you buy now, may not see a profit immediately, but they definitely will in time. How much time, no one knows. But Bitcoin has NOT seen its last ATH. That is so probable, it's a good enough probability to speak of as certainty.
EDIT: for sense.
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toknormal
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Activity: 3066
Merit: 1188
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February 02, 2018, 10:15:44 AM |
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Bears not too confident about jumping into the 7k water.
Hesitation.
Mulling over the implications.
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luckygenough56
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Activity: 1526
Merit: 1012
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February 02, 2018, 10:20:16 AM |
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deny, self persuasion humans  |
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toknormal
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Activity: 3066
Merit: 1188
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February 02, 2018, 10:22:14 AM |
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The coins you buy now, may not see a profit immediately, but they definitely will in time. How much time, no one knows. About 5 minutes. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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February 02, 2018, 10:22:53 AM |
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Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.
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Gelesko
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Activity: 322
Merit: 10
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February 02, 2018, 10:23:06 AM |
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From this levels, only sell btc
You giving advices, newbie? If you think about it, BTC already had a bit more than a 50% price correction, and currently bouncing around the 35% to 45% territory. Seems like a good range to buy, rather than sell, but depends how many BTC you already have. I don't have any yet, but I will buy at a price 6700$. Good luck Muahahahaa.. yeah right in another life or in your dreams  Just wait and see for ur self Quote from: JayJuanGee on January 22, 2018, 09:19:07 AM Quote from: Gelesko on January 22, 2018, 09:14:45 AM From this levels, only sell btc You giving advices, newbie? If you think about it, BTC already had a bit more than a 50% price correction, and currently bouncing around the 35% to 45% territory. Seems like a good range to buy, rather than sell, but depends how many BTC you already have. I don't have any yet, but I will buy at a price 6700$. Good luck [/quote]
So who is the newbie......? Huh, who is laughing now...... Should have listened to "NEWBIE"
GOOD LUCK anyways |
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HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 02, 2018, 10:23:24 AM |
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We are oversold. Whipsaw due. But it will be a bull trap. If you are going to ride it, be extremely alert.
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toknormal
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Activity: 3066
Merit: 1188
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February 02, 2018, 10:26:06 AM |
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Yep. All RSI's now in the oversold zone up to the 1-Day range.
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LFC_Bitcoin
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Activity: 3514
Merit: 9492
#1 VIP Crypto Casino
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February 02, 2018, 10:27:03 AM |
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Yep. All RSI's now in the oversold zone up to the 1-Day range.
Why is the only direction seemingly down then? |
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luckygenough56
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Activity: 1526
Merit: 1012
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February 02, 2018, 10:27:26 AM |
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Pump it with false usd tokens Get out of bubble with real usd  |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 02, 2018, 10:28:25 AM |
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Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.
You buying? What’s your level of commitment? |
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kurious
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Activity: 2590
Merit: 1643
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February 02, 2018, 10:28:38 AM |
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The coins you buy now, may not see a profit immediately, but they definitely will in time. How much time, no one knows. About 5 minutes. Ha! Actually it's been like a ball bouncing down stairs, if you play tight spreads on buys and sells, it's possible to make money (or for me the preferable 'extra coins') buy selling local tops and buying back bottoms (only in a 200 or 300 USD range, of course). It's just a bloody time-consuming job. Of course overall your stash price is decreasing in value, but at least you have the compensation of more coin, or more cash aside according to your long term strategy on BTC. |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 02, 2018, 10:29:10 AM |
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Yep. All RSI's now in the oversold zone up to the 1-Day range.
Why is the only direction seemingly down then? Because when the direction becomes inevitable, it reverses. Temporarily. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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February 02, 2018, 10:29:43 AM |
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Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.
You buying? What’s your level of commitment? I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win |
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LFC_Bitcoin
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Activity: 3514
Merit: 9492
#1 VIP Crypto Casino
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February 02, 2018, 10:32:12 AM |
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Just dumped all my tethers. I was so worried about tether I was ready to buy back at 12K the other day. This is a steal.
You buying? What’s your level of commitment? I only bought in my USDT account which is smaller than my USD account and I'm probably fully committed to this position. It's not so much that I'm super bullish about bitcoin but that I'm bearish about tether... They could freeze USDT pairs at any moment. So this is like a win win Where do you see the bitcoin price going from here TERA? Significantly further down or consolidation in this range, maybe even a bounce back upwards? Keen to see what you think rather than my fellow HODLERS/uber positive bitcoin peeps. |
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