European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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May 29, 2018, 12:42:53 PM |
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That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K.
why would anyone bother buying in at a price level like that? someone would have to be a moron to think that was the bottom. that's not how bitcoin has ever rolled so far. no reason to believe it was gonna start rolling that way this time.
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Asrael999
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May 29, 2018, 01:06:12 PM |
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No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.
That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K. You most likely thought it was going to $0 in 2014 I actually drew charts showing that it would bottom around 300 and reach ATH in 2 years. Everyone thought it was super bearish and laughed me out of the forum. I ended up being wrong... it went lower than I expected, bottomed at 160 and reached ATH in 3 years. I was too bullish. All those people who said it would never break $666, never break $400, never break $250 etc etc etc.
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uslfd
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May 29, 2018, 01:11:15 PM |
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No way it goes to $3,000. Too many people will pile in if it goes anywhere near low $5,000’s.
That's funny. There were supposedly too many people waiting to buy in $14,000 as well - like bill gates and da bag insitutions were waiting there to buy every coin at 14K. You most likely thought it was going to $0 in 2014 I actually drew charts showing that it would bottom around 300 and reach ATH in 2 years. Everyone thought it was super bearish and laughed me out of the forum. I ended up being wrong... it went lower than I expected, bottomed at 160 and reached ATH in 3 years. I was too bullish. So what is your new chart telling you about this bear mkt then?
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Rsiyz
Jr. Member
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Activity: 138
Merit: 6
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May 29, 2018, 02:14:12 PM |
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cAPSLOCK
Legendary
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Activity: 3766
Merit: 5146
Whimsical Pants
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May 29, 2018, 03:02:51 PM |
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If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.
updating firmwares is critical on ANY device. even your holy trezor has firmware upgrading problems Father Abraham had many sons
Had many sons had Father Abraham
I am one of them
And so are you
So let's just praise the Lord!!!yeah, but, don't you have to update the password periodically for the bank where they pretend your silver actually exists? Merited in spite of quoting the troll.
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AlcoHoDL
Legendary
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Activity: 2464
Merit: 4491
Addicted to HoDLing!
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May 29, 2018, 03:11:52 PM |
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Carolina is lonely... No fun any more... No choo-choo... When moon?
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 29, 2018, 03:16:47 PM |
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So...perhaps an Italy bump like when Greece crumbled?
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Bitcoinaire
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May 29, 2018, 03:21:42 PM |
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Will this be another dead cat bounce, is the question?
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Asrael999
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May 29, 2018, 03:30:37 PM |
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Italy panic over, normal selling will resume shortly.
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Globb0
Legendary
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Activity: 2674
Merit: 2053
Free spirit
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May 29, 2018, 03:37:37 PM |
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If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.
updating firmwares is critical on ANY device. even your holy trezor has firmware upgrading problems Hitler was rubbish yeah, but, don't you have to update the password periodically for the bank where they pretend your silver actually exists? Merited in spite of quoting the troll. Yes sorry, trust me I wrangled with it
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 29, 2018, 03:42:33 PM |
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Italy crisis hurting banks... should we put together a collection?
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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May 29, 2018, 03:43:08 PM |
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If anyone is thinking about getting a ledger, don't. I just updated the firmware and it was a fucking nightmare.
updating firmwares is critical on ANY device. even your holy trezor has firmware upgrading problems Father Abraham had many sons
Had many sons had Father Abraham
I am one of them
And so are you
So let's just praise the Lord!!!yeah, but, don't you have to update the password periodically for the bank where they pretend your silver actually exists? Merited in spite of quoting the troll. The worst part about him is that he is at least partly right in general. But nobody wants to deal with a pissed asshole. Someone should make a red pill rage support group or something.
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uslfd
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May 29, 2018, 04:05:49 PM |
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Italy crisis hurting banks... should we put together a collection? It definitely looks like it's hurting all the markets, may cause some Fear and some hedgers into Gold and Bitcoin? Latest evidence [last 6 months] suggests bitcoin is not the new gold. If anything (with a few analysts pointing out that) bitcoin is a hyper charged high risk high return asset ahead of stock market Which means, bitcoin is negatively correlated to VIX and ahead of [negative] VIX. (observed earlier this year) If this relationship holds that would mean if we're to see a global financial crisis worse than 2008 later this year in Q4, btc is going to $1K before that.
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d_eddie
Legendary
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Activity: 2590
Merit: 3312
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May 29, 2018, 04:09:18 PM |
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Will this be another dead cat bounce, is the question?
My gut says "Yeah, this is another dead cat bounce, and we'll be plumbing $6,500 by Friday" I hope I'm very very wrong. Reanimated cat maybe? Nah, it won't last anyway. I believe we're still headed down, but not terribly so. You'll have to skimp on your lifestyle for a few months, maybe. Which means - easy with that 500$ whiskey. Stick to $10 beers and $40 wines for a while...
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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May 29, 2018, 04:38:29 PM |
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Italy panic over, normal selling will resume shortly.
If this is true though, it will show us something very interesting. I have been trying to figure out lately whether the market is viewing bitcoin as another tech stock or a flight to liquidity style asset. It would appear that it's both. It seems that bitcoin likes either extreme and dislikes a status quo future.
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JayJuanGee
Legendary
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Activity: 3808
Merit: 10652
Self-Custody is a right. Say no to"Non-custodial"
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May 29, 2018, 04:41:58 PM |
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Good afternoon Bitcoinland Finally back in civilization (Playa del Carmen) after 2 weeks without phone or internet access in the jungle. Seems the hombre who provides the local internet service was away because his mother died and when a power outage crashed his system there was nobody to restart it. I see the price has continued to slide since I left Canada and while it isn't as bad as during the winter, it's perilously close to $7k... currently $7228USD/$9397CAD (Bitcoinaverage). Being under 5 digits CAD is depressing. Hopefully it'll pick up after I head north. You buying some when you get back? or what would be your "sufficient of enough dip" price point to buy?
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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May 29, 2018, 04:43:27 PM |
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Shall we buy Italy with bitcoins? a part of it? They have excellent food over there. Joking aside they are in a very shitty situation, they basically don't have a government!
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Anon136
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Activity: 1722
Merit: 1217
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Joking aside they are in a very shitty situation, they basically don't have a government!
Are you sure that isn't the opposite of a problem?
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jojo69
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Activity: 3248
Merit: 4463
diamond-handed zealot
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May 29, 2018, 04:49:15 PM |
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Shall we buy Italy with bitcoins? a part of it? They have excellent food over there. Joking aside they are in a very shitty situation, they basically don't have a government!
no government does not sound like a shitty situation to me
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