soullyG
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February 06, 2018, 02:07:13 AM |
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The bounce is going to be brutal. I can hear the confusion and the screams of lost coins.
I WANT TO SLEEP BUT THE CHARTS WON'T LET ME
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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romneymoney
Full Member
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Activity: 193
Merit: 117
HODL
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February 06, 2018, 02:07:48 AM |
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the artful bodger
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February 06, 2018, 02:09:54 AM |
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Seriously, how can we keep hitting new lows again and agai ? What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?
Zoom out the bitcoinity chart. Bitcoinity's 30 day chart shows bitcoin's down by -60.23%, but its six month chart shows bitcoin's up by +63.61%.
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bones261
Legendary
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Activity: 1806
Merit: 1827
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February 06, 2018, 02:11:21 AM |
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Seriously, how can we keep hitting new lows again and agai ? What are people thinking about ? Is everybody here trying to sell now to buy back at a later dip ?
Some are. I'm sure some are shorting with margin as well. Which is basically the same concept as sell now buy later.
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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February 06, 2018, 02:11:57 AM |
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I do indeed work in standards as my day gig. However, ones of a very different nature. Without the standards I work on, none of this shit would even start working.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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February 06, 2018, 02:13:27 AM |
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HOW are we bleeding this bad??
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the artful bodger
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February 06, 2018, 02:14:01 AM |
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I do indeed work in standards as my day gig. However, ones of a very different nature. Without the standards I work on, none of this shit would even start working. I thought you were too crypto rich to have a day job.
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Rosewater Foundation
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February 06, 2018, 02:17:52 AM |
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HOW are we bleeding this bad??
The naysayers were right. It was a bubble. It is popping.
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Neo_Coin
Sr. Member
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Activity: 1204
Merit: 293
"Be Your Own Bank"
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February 06, 2018, 02:20:11 AM |
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bones261
Legendary
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Activity: 1806
Merit: 1827
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February 06, 2018, 02:22:47 AM |
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HOW are we bleeding this bad??
People shorting this shit to the ground at the moment, I suspect. Even though the CBOE and CME are cash settled, I'm sure some of the big shorters have figured out how to short on the Bitcoin exchanges as well. I'm sure there are more than a few individuals who have made lots of USD shorting BTC from the top. Not sure why the people going long haven't put much effort in protecting their position(That I can detect. If they did, they got owned.). Must be some really dumb money.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 06, 2018, 02:26:31 AM |
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Fuck it.
I have set buy orders from $6400 to zero.
First one just got triggered. Let’s all go down together !
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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, 02:26:54 AM |
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HOW are we bleeding this bad??
Maybe this is the final fail. I still think it's going to bounce first.
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criptix
Legendary
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Activity: 2464
Merit: 1145
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February 06, 2018, 02:31:50 AM |
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inb4 flash crash to 5 k
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Nosk
Member
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Activity: 140
Merit: 35
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February 06, 2018, 02:35:55 AM |
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Ok fine. Just sold a bit now and then I'll go long with leverage once it dips more. And if it doesn't dip anymore... well that's fine for me. Win-(half)win scenario.
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explorer
Legendary
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Activity: 2016
Merit: 1259
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February 06, 2018, 02:36:58 AM |
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All I know is that I have enough in the bank to last until 2020. Then I buy islands.
Or build them...
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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February 06, 2018, 02:37:54 AM |
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I'm forever optimistic when it comes to Bitcoin. Always seems to find a way to come back a tad stronger each time it hits a dip, usually caused by fud more than anything substantial. Anyways it is interesting the big dip today with the stock market and with Bitcoin over the last couple days. I think investors in general are just stepping back and taking a breath before they come back at it. Everything was due for a correction after such an outrageous climb. Just my thoughts
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10233
Self-Custody is a right. Say no to"Non-custodial"
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February 06, 2018, 02:38:56 AM Last edit: February 06, 2018, 02:49:35 AM by JayJuanGee |
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This whole price discovery process reminds me of that Fight Club scene:
"I felt like destroying something beautiful."
We all know how the central banks fared at the end of that movie.
"It's only after we've lost everything that we're free to do anything."
7000! Where's our memes?
Get the 8000 memes ready. And most especially $10k.
All those late-to the-party pansy whiners who were wishing, praying for a correction to load up on, here it is. Load up!
The magical Bitcoin time machine only comes around once, twice, three times at most...
i love over 9000 meme Some of us might start to feel this way about $9k
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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February 06, 2018, 02:39:35 AM |
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There is one crypto that appears to be performing absolutely IMMENSLY in this crash. That is UNO = Unobtanium. I just noticed it's rallied massively against Bitcoin to maintain its dollar value and then some. It also has an asset class almost to itself - extremely rare crypto, goes back 4 years, low supply. Getting one's hands on even a few coins is almost impossible. Gonna be very successful IMO given its performance in the last few days and if it even gets onto the bottom of page 1 it's in for a 400% gain. Shameless plug, I know but true all the same
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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February 06, 2018, 02:41:32 AM |
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There is one crypto that appears to be performing absolutely IMMENSLY in this crash. That is UNO = Unobtanium. I just noticed it's rallied massively against Bitcoin to maintain its dollar value and then some. It also has an asset class almost to itself - extremely rare crypto, goes back 4 years, low supply. Getting one's hands on even a few coins is almost impossible. Gonna be very successful IMO given its performance in the last few days and if it even gets onto the bottom of page 1 it's in for a 400% gain. Shameless plug, I know but true all the same and how many thousands do you hold? lol UNO
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Rosewater Foundation
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February 06, 2018, 02:42:23 AM |
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Ok fine. Just sold a bit now and then I'll go long with leverage once it dips more. And if it doesn't dip anymore... well that's fine for me. Win-(half)win scenario. Every time I sell it goes lower. Never thought I'd see the day.
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