megadeth
Sr. Member
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Activity: 289
Merit: 252
bagholder since 2013
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February 06, 2018, 12:00:58 AM |
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Multi year bear ?  |
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Nosk
Member
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Activity: 140
Merit: 35
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February 06, 2018, 12:09:24 AM |
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I was just about to push the sell button when suddenly, +200€. Come on, fly again ! ...please !
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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February 06, 2018, 12:11:11 AM |
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The price will probably stick at $6666 for a while.
Dang, just like 2014 but with an extra 6........... 6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000. |
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fabiorem
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February 06, 2018, 12:14:37 AM |
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6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.
So much blood, so much sacrifices... when Karhu will be appeased? |
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RoomBot
Legendary
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Activity: 2324
Merit: 1130
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February 06, 2018, 12:15:09 AM |
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The price will probably stick at $6666 for a while.
Dang, just like 2014 but with an extra 6........... 6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000. Only at GOX. BTC never went over $1100 in USA / European Exchanges |
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BtcMan2009
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February 06, 2018, 12:16:14 AM |
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The price will probably stick at $6666 for a while.
Seems like floating around 6800, trying to go higher, but stable Curious what tomorrow will bring, hope there is some good news from that American governement meetup. Wow sad satate of bitcoin to hope for good news from US gov. On the news there is nothing good, it's a little alarming. But the level of 6k really wonderful, at least near the truth. Very similar that goes out near the hearth. |
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RoomBot
Legendary
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Activity: 2324
Merit: 1130
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February 06, 2018, 12:17:53 AM |
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The price will probably stick at $6666 for a while.
Seems like floating around 6800, trying to go higher, but stable Curious what tomorrow will bring, hope there is some good news from that American governement meetup. Wow sad satate of bitcoin to hope for good news from US gov. On the news there is nothing good, it's a little alarming. But the level of 6k really wonderful, at least near the truth. Very similar that goes out near the hearth. Are you drunk....tooo? |
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e-coinomist
Legendary
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Activity: 2380
Merit: 1085
Money often costs too much.
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February 06, 2018, 12:18:04 AM |
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Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.
There is no floor. This is the final Fail. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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February 06, 2018, 12:19:16 AM |
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Biggest 12H volume since November.
Karhu will not be pleased if he brings it down more and a bunch of cheap coins are bought. Karhu wants to bring it up and trap the buyers at 12K and THEN drop it so they can really feel the pain.
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Vin
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Activity: 1166
Merit: 1015
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February 06, 2018, 12:20:20 AM |
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Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.
There is no floor. This is the final Fail. The same procedure as every year. Miss Sophie |
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toknormal
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Activity: 3066
Merit: 1188
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February 06, 2018, 12:20:31 AM |
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I find this indication quite interesting. It's the 1-Week MACD histogram for Bitcoin/USD. The thing is, I've NEVER seen it go so deep on the very first bar before. The only thing I've seen close to it is Monero crash in Autumn 2016 and even that was slower than this Bitcoin crash. For me it lends credence to the idea that the market is being actively co-erced down to a pre-defined level by the same holders who hoovered up the coin on the way up. They may be playing both markets in concert (futures and cash). What may happen then is once they're ready to cover in the future's market they'll do the same thing in reverse - i.e. go long in futures, then come back to the cash market and drive it up to kingdom come, collecting cash in the futures market and bitcoins in the cash market. In this way the "institutionals" can strip ordinary traders of their holdings over time and build their positions.  This article seems to lend some credence to that idea:  |
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e-coinomist
Legendary
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Activity: 2380
Merit: 1085
Money often costs too much.
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February 06, 2018, 12:24:43 AM |
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Who sold at the bottom?
We don't know that yet...  At fifteen. What's more unnerving is there's no way back in, again. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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February 06, 2018, 12:24:56 AM |
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2 months ago we were going to 400K but now this is the death of bitcoin and there is no floor.
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White sugar
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Activity: 1232
Merit: 1005
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February 06, 2018, 12:25:32 AM |
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2 months ago we were going to 400K but now this is the death of bitcoin and there is no floor.
0 always will be the floor |
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monsanto
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Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
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February 06, 2018, 12:25:50 AM |
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The price will probably stick at $6666 for a while.
6666.. and swing between 6420 & 7420.. typical btc strange attractors  |
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jojo69
Legendary
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Activity: 3332
Merit: 4615
diamond-handed zealot
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February 06, 2018, 12:26:15 AM |
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So...this just happened to me; went out to the grocery to grab a couple things, young Asian guy with 2 toddler boys in front of me in the checkout line had a NEO hoodie and cap on.
I caught his eye and was like "tough couple weeks 'eh?"
He laughed and said he wouldn't have left the house but he needed diapers for the kids.
This is the first time EVER I have seen anyone in real life into crypto.
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Majormax
Legendary
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Activity: 2534
Merit: 1129
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February 06, 2018, 12:26:49 AM |
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Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.
There is no floor. This is the final Fail. It could always be the final fail, but that is a lower probability. One thing which is almost certain is that the 'final fail' will come for most alt coins at some time. BTC can only really fail if something better is superceding it. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.
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Nosk
Member
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Activity: 140
Merit: 35
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February 06, 2018, 12:31:47 AM |
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Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.
There is no floor. This is the final Fail. It could always be the final fail, but that is a lower probability. One thing which is almost certain is that the 'final fail' will come for most alt coins at some time. BTC can only really fail if something better is superceding it. And it will likely be a fork of it. So in anyway, hodling is the way, but damn... I would like to stop clenching my buttcheeks, It has already been a month. |
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