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Author Topic: 15-JAN-2018 Crypto Black Monday  (Read 816 times)
xxxx123abcxxxx (OP)
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January 12, 2018, 10:17:58 PM
 #1

2018 Crypto Black Monday
https://redd.it/7pxg0d

2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3
zxl912157
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January 12, 2018, 11:27:01 PM
 #2

Woowww I just know there is a term black monday, it makes me fear whether the price of Bitcoin will continue to be destroyed.
I do not expect this, what should I hold ETH or BCH?
Deeyoh
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January 12, 2018, 11:31:08 PM
 #3

Best to hold is Bitcoin.  If it goes down, then everything will follow. They are all in it together in the long run.  Seriously, if someone wants to destroy Bitcoin then they want to destroy the whole crypto currency paradigm.   Obviously, it would be the bankers behind the scenes pulling the strings in media/social attacks.

IE.. like this fud spamming post.
AjithBtc
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January 12, 2018, 11:38:00 PM
 #4

Such an incident took back few years back during the time of bitcoin starting its early days of growth. Now it has secured a place for it to get used in different forms. This time surely the price will start to pump high by those days marching towards a new ath with large scale growth taking place in a much shorter time period.

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January 13, 2018, 05:39:23 AM
 #5

You posted a random chart without any analysis... I can do that too going in any direction I want. Nothing to see here folks. Just a newbie account spreading FUD.
Idrisu
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January 13, 2018, 06:26:26 AM
 #6

2018 Crypto Black Monday
https://redd.it/7pxg0d

2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3

I did not notice this last year and 2016 I think you are just using what happened in 2011 and forecast doom for bitcoin. 15th of January is going to come and pass and nothing serious is going to happen to bitcoin rather the price is going to continuously going up.  Bearish market is seeing over to me and very soon we are going to resume bullish market. Many forecast about bitcoin dump do not always happens and this time around I will hold my coins.
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January 13, 2018, 08:46:18 AM
 #7

it is not really surprising to see it actually because many people predicted it that way,
even though they are drawing a lot of charts using a lot of technique,
it will not change the fact that Bitcoin will move to another one and break the pattern.
cryptocurrency will not crash and it will remain unstoppable because it will be the future for us.
nothing to worry about and keep holding it for a long time.
correction is expected so it can be said as a healthy correction even though it went down to this deep,
because we are moving from $700 to this level,
(if we are seeing another huge downward in the future)

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CryptoBry
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January 13, 2018, 09:33:12 AM
 #8

Best to hold is Bitcoin.  If it goes down, then everything will follow. They are all in it together in the long run.  Seriously, if someone wants to destroy Bitcoin then they want to destroy the whole crypto currency paradigm.   Obviously, it would be the bankers behind the scenes pulling the strings in media/social attacks. IE.. like this fud spamming post.

You just stated a big truth in cryptocurrency. Whatever happens to Bitcoin will also happen with other coins and tokens. People who are dreaming of destroying Bitcoin for the sake of making their choice coin get into the top are all so selfish and will experience a downfall. This industry has been built around Bitcoin and that is something we should never forget. You don't kill what had paved the way...in fact we should care for Bitcoin as it is the very symbol of cryptocurrency. Sadly, because of the dog-eat-dog competition and vested interests we tend to forget this great truth and reality.
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January 13, 2018, 11:38:07 AM
 #9

first of all if drawing some lines on charts could predict the market's future (i am talking generally, in bitcoin it is even worse) then everyone would have been super rich by now...

secondly the fact that you made this charts and then spammed all over the internet (literary in all reddit subs and even here) shows you want attention. otherwise there are people making speculations on reddit and tradingview with much more insight and they never spam their "much better speculation" anywhere!

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xxxx123abcxxxx (OP)
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January 14, 2018, 06:24:13 AM
 #10

Woowww I just know there is a term black monday, it makes me fear whether the price of Bitcoin will continue to be destroyed.
I do not expect this, what should I hold ETH or BCH?

GOLD
xxxx123abcxxxx (OP)
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January 14, 2018, 05:53:47 PM
 #11

*bump*
mike4001
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January 14, 2018, 06:42:27 PM
 #12

I didn't know we could predict the price by looking for 5-6 similar candles in the past and then extrapolate the next 30 ones from that.
btcone111
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January 14, 2018, 07:58:58 PM
 #13

While most of the people laugh at your post. I think I appreciate the possibility of that happening. Though the possibility is not that huge and probably tomorrow (15 Jan) is going to be +/-10% like these days. It's good to keep an open eye and accept all possibilities.
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January 14, 2018, 08:20:20 PM
 #14

As per the current market trend, and even as of today, its not that impossible to see what the OP posted or claimed, but for the goodness I would wish this not to happen. It will freak out new investors making the growth of crypto market and this technology more time consuming. But yes it will surely open up opportunity to some coin in the dip. So both pros and cons it has, now lets see what happens.
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January 14, 2018, 08:24:15 PM
 #15

Another one? I thought it was last week. And the week before. And... blah blah blah. One day you may be right. I hope you skip around in a small circle and jump up and down with glee when it happens.
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January 14, 2018, 10:51:31 PM
 #16

Another one? I thought it was last week. And the week before. And... blah blah blah. One day you may be right. I hope you skip around in a small circle and jump up and down with glee when it happens.

I am not investing in bitcoin at the moment only to avoid having huge headaches every night about how is the price going.

That is why i prefer to invest more money in altcoins, and in those who are not even on the top 200, most of those have a hugh room for keeping going up.

And maybe you are lucky, and you suddenly invest in one that reaches the top 100 and you make a x20 from nothing.


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parobber
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January 14, 2018, 11:13:43 PM
 #17

2018 Crypto Black Monday
https://redd.it/7pxg0d

2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3


Wow a graph with some lines on saying bitcoin is going to go down, how often to these things actually work out? Also even if bitcoin crashes to $10k then what's the harm really, it will recover in time.

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xxxx123abcxxxx (OP)
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January 15, 2018, 12:01:43 AM
Last edit: January 15, 2018, 12:23:07 AM by xxxx123abcxxxx
 #18

 
2018 Cryptocurrency Crash (Elliott Wave)
https://redd.it/7ptsg3



BTC/USD
https://uk.tradingview.com/chart/BTCUSD/r3v9okqs-2018-Crypto-Crash-Elliott-Wave/

TRX/BTC
https://uk.tradingview.com/chart/TRXBTC/OdRKhNq3-2018-Tronix-Elliott-Wave-Crash/

XEM/USD
https://uk.tradingview.com/chart/XEMUSD/rLlyMhuP-2018-Nem-Elliott-Wave-Crash/

IOT/USD
https://uk.tradingview.com/chart/IOTUSD/itMoSWyU-2018-Iota-Elliott-Wave-Crash/

XVG/USD
https://uk.tradingview.com/chart/XVGUSD/hbdYVf5K-2018-Verge-Elliott-Wave-Crash/

LTC/USD
https://uk.tradingview.com/chart/LTCUSD/AUsZth6p-2018-Litecoin-Elliott-Wave-Crash/

XRP/USD
https://uk.tradingview.com/chart/XRPUSD/EeChepO0-2018-Ripple-Elliott-Wave-Crash/

ETH/USD
https://uk.tradingview.com/chart/ETHUSD/WJBmPwYn-2018-Ethereum-Elliott-Wave-Crash/

BCH/USD
https://uk.tradingview.com/chart/BCHUSD/DQJjVmyE-2018-Bitcoin-Cash-Elliott-Wave-Crash/
  
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January 15, 2018, 12:41:55 AM
 #19

I am not investing in bitcoin at the moment only to avoid having huge headaches every night about how is the price going.

That is why i prefer to invest more money in altcoins, and in those who are not even on the top 200, most of those have a hugh room for keeping going up.

And maybe you are lucky, and you suddenly invest in one that reaches the top 100 and you make a x20 from nothing.


If BTC takes a proper shit, what do you think the alts will do? This market is straining at the seams from all the hot air. Copied white papers and a few soothing words have reached billions.

Alts are no type of hedge in a real crash. LTC lost 98% of its value vs 86% for BTC. USD is the only real hedge.
xxxx123abcxxxx (OP)
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January 15, 2018, 01:31:37 AM
 #20

I am not investing in bitcoin at the moment only to avoid having huge headaches every night about how is the price going.

That is why i prefer to invest more money in altcoins, and in those who are not even on the top 200, most of those have a hugh room for keeping going up.

And maybe you are lucky, and you suddenly invest in one that reaches the top 100 and you make a x20 from nothing.


If BTC takes a proper shit, what do you think the alts will do? This market is straining at the seams from all the hot air. Copied white papers and a few soothing words have reached billions.

Alts are no type of hedge in a real crash. LTC lost 98% of its value vs 86% for BTC. USD is the only real hedge.

USD is in a bear market, GOLD is the hedge.
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