HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 25, 2018, 10:26:32 AM |
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Hmmm I thought we were done at $3600.
Next support is $2,900 to $3,000. Should be heavily defended.
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jonoiv
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November 25, 2018, 10:27:25 AM |
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one week RSI below 30.
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babanana
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Activity: 120
Merit: 10
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November 25, 2018, 10:27:47 AM |
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Current price level is a lifetime opportunity that should not be missed!
Lifetime opportunity is also what they said at 8500 and 6500. Good luck catching this dagger! Peak of my orders got filled. This is exciting! 3661.30109953 0.10516804 My order sequence is like a pyramid. Getting bigger as it goes down.
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wayna
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Activity: 303
Merit: 92
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November 25, 2018, 10:29:12 AM |
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Please all imagine those giant green candles that are ready to pop up when "institutionals" will get officially on board. Everything happens for a reason and I think this got well planned all along. The parabolic rise in 2017 was unreal as this 2018 drop. Expect fireworks when Etfs and bakkt shit will take off. That's how I see it. Bitcoin is an asset for the institutionals. They can't control the instrument (they don't even get it) but sure as hell they can control the price.
Am I being dumb here?
My feeling is pretty much the same. After the huge drop at the end of 2017 I was sure the price would have reset in order to be feasible for many other players to get into the game, new players more organized and aknowledged. But we shouldn't be too bearish, a price under 1.5k it's unrealistic to me. Institutions want a cheap price to get into the ship with force but they don't want a price that would be affordable for the regular person that is feed by bread and tv. Those people have been already squeezed and scared throughout year (I did some mistakes as well)... now they claim BTC it's pretty much a bubble! But this is just cycle, they are planning another blast off.
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El duderino_
Legendary
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Activity: 2590
Merit: 12588
BTC + Crossfit, living life.
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November 25, 2018, 10:30:57 AM |
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Ok, fourth leg down since 6.4K... this is beyond ridiculous....
And what worries me the most is that I am not hearing panic screams, nor cryings, nor anything. Are we fucking still in denial phase?
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greensheep
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Activity: 278
Merit: 44
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November 25, 2018, 10:31:59 AM |
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Hmmm I thought we were done at $3600.
Next support is $2,900 to $3,000. Should be heavily defended.
If this doesn't bounce, were basically screwed and all crypto with it
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LFC_Bitcoin
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Activity: 3612
Merit: 9989
#1 VIP Crypto Casino
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November 25, 2018, 10:32:03 AM |
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Me in 6 months
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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November 25, 2018, 10:33:46 AM |
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10 yrs ahead of us: “Buckle in. Cryptocurrencies Could Take Ten Years to Prove Themselves.” by Patrick Tan https://link.medium.com/kGLg67T77R
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bitserve
Legendary
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Activity: 1834
Merit: 1475
Self made HODLER ✓
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November 25, 2018, 10:34:57 AM |
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I am starting to think that the whales are probably even more scared than we are. Maybe no one is going to save us this time. At least not yet.
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somac.
Legendary
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Activity: 2090
Merit: 1227
Never selling
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November 25, 2018, 10:35:33 AM |
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Hmmm I thought we were done at $3600.
Next support is $2,900 to $3,000. Should be heavily defended.
If this doesn't bounce, were basically screwed and all crypto with it Yeah this is pretty shocking, I thought after seeing 2014/15 that nothing could get that bad. but, this drop is the worst I can remember purely because of the lack of buying volume. not 1 damn decent bounce yet. I don't know what to make of it, but its not good. I am starting to think that the whales are probably even more scared than we are. Maybe no one is going to save us this time. At least not yet.
Yeah I've never seen it like this before.
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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November 25, 2018, 10:36:02 AM |
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... it's gonna get bad, the lunatics are in charge of the asylum now.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 25, 2018, 10:37:16 AM |
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Hmmm I thought we were done at $3600.
Next support is $2,900 to $3,000. Should be heavily defended.
If this doesn't bounce, were basically screwed and all crypto with it We still have $1166 which is the previous ATH. Things might get a bit awkward after that. Also a life changing opportunity. Just dollar cost average in over the course of 2019. Don't buy in a single go.
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maser82
Jr. Member
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Activity: 36
Merit: 2
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November 25, 2018, 10:37:16 AM |
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Hmmm I thought we were done at $3600.
Next support is $2,900 to $3,000. Should be heavily defended.
If this doesn't bounce, were basically screwed and all crypto with it Yeah this is pretty shocking, I thought after seeing 2014/15 that nothing could get that bad. but, this drop is the worst I can remember purely because of the lack of buying volume. not 1 damn decent bounce yet. I don't know what to make of it, but its not good. I am starting to think that the whales are probably even more scared than we are. Maybe no one is going to save us this time. At least not yet.
Yeah I've never seen it like this before. I think most of the people are waiting for the right moment to buy their hats
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somac.
Legendary
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Activity: 2090
Merit: 1227
Never selling
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November 25, 2018, 10:37:58 AM |
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which exchanges have troll boxes these days? I wouldn't mind checking out the comments to gauge the panic
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dutchlincoln
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Activity: 434
Merit: 30
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November 25, 2018, 10:38:55 AM Merited by JayJuanGee (1) |
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Well, i hope that these prices not only shake weak hands, but cause a large drop in difficulty as well, making mining not even more profitable, but more BTC for my hash... What most of you guys are doing with Fiat, i'm doing with mining... I have a cheap location with power included, so the more it goed down and miners quit, the more miners i buy cheap and install.. Maybe halfway 2019 bullrun can start if you ask me...
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TeeBone
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November 25, 2018, 10:39:22 AM |
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Im buying like a Mofo at 3K, even if it aint the bottom it will be defended bigtime and is a good short term trade.
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somac.
Legendary
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Activity: 2090
Merit: 1227
Never selling
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November 25, 2018, 10:41:18 AM |
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Well, i hope that these prices not only shake weak hands, but cause a large drop in difficulty as well, making mining not even more profitable, but more BTC for my hash... What most of you guys are doing with Fiat, i'm doing with mining... I have a cheap location with power included, so the more it goed down and miners quit, the more miners i buy cheap and install.. Maybe halfway 2019 bullrun can start if you ask me... Thanks for the comment, good to hear from a miner. Do you have any idea of what breakevens would be? not just for you but for others
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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colombuszka
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November 25, 2018, 10:42:49 AM |
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Well holy crap, with this rate we will be sub 3k tomorrow lol.
But regarding to a previous post, this whole situation is just a part of the full market cycle. Just need to be patient to see some greens again.
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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November 25, 2018, 10:44:36 AM |
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which exchanges have troll boxes these days? I wouldn't mind checking out the comments to gauge the panic
BitMEX's Trollbox can help you with that.
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