milwaukee mike Posted February 1, 2018 Report Share Posted February 1, 2018 ETH hanging in there while everything else fades i have some btc w/d coming, hopefully there's no serious downswing while confirming... btc could easily lose 80% in a heartbeat if the hoarders decide they're done Quote Link to comment Share on other sites More sharing options...
ted sheckler Posted February 1, 2018 Report Share Posted February 1, 2018 ETH hanging in there while everything else fades i have some btc w/d coming, hopefully there's no serious downswing while confirming... btc could easily lose 80% in a heartbeat if the hoarders decide they're done Last week at Bookmaker, requested at 8am was processed at 915. quickest I've had from them. Usually 5 hours. Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted February 1, 2018 Report Share Posted February 1, 2018 Here comes 6K bitcoin and 550 ETH Quote Link to comment Share on other sites More sharing options...
IAG Posted February 1, 2018 Report Share Posted February 1, 2018 I was wondering when the larger media outlets would print the recent Tether news, and the New York Times did last night. Also there is some reg related news out of India that is not helping. Quote Link to comment Share on other sites More sharing options...
Dingo Posted February 1, 2018 Report Share Posted February 1, 2018 Being a spectator for awhile is probably the best position you can haveWorse possible scenario you lose a bit on the upside Quote Link to comment Share on other sites More sharing options...
IAG Posted February 1, 2018 Report Share Posted February 1, 2018 He’s no CryptoDaily, but I lolled a few times. Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted February 1, 2018 Report Share Posted February 1, 2018 Don't be fooled into thinking 8K is the support for BTC, there's a much higher and great chance BTC hitting 6K, +/- few hundred, but and very very low chance it goes lower beyond that, should get a huge bounce back from there. Marketcap should retest the very very low of 400bil Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted February 1, 2018 Report Share Posted February 1, 2018 Don't be fooled into thinking 8K is the support for BTC, there's a much higher and great chance BTC hitting 6K, +/- few hundred, but and very very low chance it goes lower beyond that, should get a huge bounce back from there. Marketcap should retest the very very low of 400bil totally disagree... there could always be a bounce from some level but i think the days of huge rallies are long gone 400 billion is still almost 400 billion too high if bitcoin is unusable Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted February 1, 2018 Report Share Posted February 1, 2018 totally disagree... there could always be a bounce from some level but i think the days of huge rallies are long gone 400 billion is still almost 400 billion too high if bitcoin is unusable I'd consider from 6K to going back to 15K a huge rally, IF it does happen. Quote Link to comment Share on other sites More sharing options...
Dingo Posted February 1, 2018 Report Share Posted February 1, 2018 totally disagree... there could always be a bounce from some level but i think the days of huge rallies are long gone 400 billion is still almost 400 billion too high if bitcoin is unusabletotally disagree... there could always be a bounce from some level but i think the days of huge rallies are long gone 400 billion is still almost 400 billion too high if bitcoin is unusableYup will be no middle ground Looks like just dead cat bounces before the grand finaleWhether that’s a huge spike or a total meltdown is anyone’s guessI will go with the latter Quote Link to comment Share on other sites More sharing options...
IAG Posted February 1, 2018 Report Share Posted February 1, 2018 I wonder what Phil Potter is doing right now. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted February 1, 2018 Report Share Posted February 1, 2018 I'd consider from 6K to going back to 15K a huge rally, IF it does happen. why in the world would it ever go from 6k to 15k again? that's like saying there will be a spike in prices of ps4 sales on ebay, or hatchimals... 3 months ago it was cool to own cryptos, now you get laughed at, and the average joe isn't interested in signing up Quote Link to comment Share on other sites More sharing options...
IAG Posted February 1, 2018 Report Share Posted February 1, 2018 why in the world would it ever go from 6k to 15k again? that's like saying there will be a spike in prices of ps4 sales on ebay, or hatchimals... 3 months ago it was cool to own cryptos, now you get laughed at, and the average joe isn't interested in signing up3 months ago? Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted February 1, 2018 Report Share Posted February 1, 2018 3 months ago? beginning of november through beginning of january... everyone wanted to ask me how to buy bitcoin... last 2 weeks i haven't had a single person even willing to talk about the subject are you still holding a bunch of cryptos iag? all i have is some eth, and some grow/gcap which is really painful... at least i made a killing on those riot and kodk puts hard to believe that gbtc was in the 19s on monday, now it's 12, wish i could've bought puts on that one Quote Link to comment Share on other sites More sharing options...
IAG Posted February 1, 2018 Report Share Posted February 1, 2018 beginning of november through beginning of january... everyone wanted to ask me how to buy bitcoin... last 2 weeks i haven't had a single person even willing to talk about the subject are you still holding a bunch of cryptos iag? all i have is some eth, and some grow/gcap which is really painful... at least i made a killing on those riot and kodk puts hard to believe that gbtc was in the 19s on monday, now it's 12, wish i could've bought puts on that one...ath were less than a month ago...nothing fundamental in tech has changed....at least alts... The tether stuff brings into question the actual current value, but there is still value. I have sold most starting mid Dec or so... but have about 25k still in BTC, eth and various alts which I will hold indefinitely. I don’t get ur analogy to PS4, etc.. really, but to each his or her own. It’s not as if the tech is obsolete...just getting started. Everything was overvalued, but we knew that. Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted February 1, 2018 Report Share Posted February 1, 2018 Fun fun times, will Elliot waves hold true and say this is as low as it gets, or will it fail and plummet more.. fun times Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted February 1, 2018 Report Share Posted February 1, 2018 ...ath were less than a month ago...nothing fundamental in tech has changed....at least alts... The tether stuff brings into question the actual current value, but there is still value. I have sold most starting mid Dec or so... but have about 25k still in BTC, eth and various alts which I will hold indefinitely.I don’t get ur analogy to PS4, etc.. really, but to each his or her own. It’s not as if the tech is obsolete...just getting started. Everything was overvalued, but we knew that. supply and demand equation... when video game consoles come out they can fetch 2x or 3x fair value on ebay in the first few weeks... then the price goes to fair value and never triples again once the silly phase is over with, it's hard to move something a great deal to the upside because people are waiting for bounces to sell, rather than waiting for dips to buy the technology doesn't have to be obsolete, but what is the technology of cardano worth? it can be easily replicated for peanuts, so there's no reason for it to be worth $11 billion or even $1 billion there would be no reason for gold to trade for $100,000/ounce if people could dig it out of the ground for $1400/ounce... unless there was a supply/demand imbalance which would eventually work itself out, which is still ongoing for cryptos... at some point they are worth the mining costs Quote Link to comment Share on other sites More sharing options...
IAG Posted February 1, 2018 Report Share Posted February 1, 2018 supply and demand equation... when video game consoles come out they can fetch 2x or 3x fair value on ebay in the first few weeks... then the price goes to fair value and never triples again once the silly phase is over with, it's hard to move something a great deal to the upside because people are waiting for bounces to sell, rather than waiting for dips to buy the technology doesn't have to be obsolete, but what is the technology of cardano worth? it can be easily replicated for peanuts, so there's no reason for it to be worth $11 billion or even $1 billion there would be no reason for gold to trade for $100,000/ounce if people could dig it out of the ground for $1400/ounce... unless there was a supply/demand imbalance which would eventually work itself out, which is still ongoing for cryptos... at some point they are worth the mining costsYeah, I just I don’t know what constitutes the “silly phase.” BTC went from 1000 plus to 300 or something in 2013 and sat for two years or so? After Mt. Gox...Then possibly pumped up by one guy they say now....then I was told the silly phase was over under 2k. Goes to 20k...possibly also because of pump from Bitfinex... The only thing I know about BTC prices, is it seems impossible to know anything about BTC prices. Heard someone say the other day that “ Bitcoin doesn’t give a fuck about your triangles. “ That made me laugh. Quote Link to comment Share on other sites More sharing options...
Sam Odom Posted February 1, 2018 Report Share Posted February 1, 2018 sub 1K is fine by me Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted February 1, 2018 Report Share Posted February 1, 2018 Yeah, I just I don’t know what constitutes the “silly phase.” BTC went from 1000 plus to 300 or something in 2013 and sat for two years or so? After Mt. Gox...Then possibly pumped up by one guy they say now....then I was told the silly phase was over under 2k. Goes to 20k...possibly also because of pump from Bitfinex... The only thing I know about BTC prices, is it seems impossible to know anything about BTC prices. Heard someone say the other day that “ Bitcoin doesn’t give a fuck about your triangles. “ That made me laugh. A lot of TA guys I've noticed are always bullish on things or bearish, they'll throw a lot of different coins and always publish things that are bullish, or bearish, rare to see TA guys publishing both bear and bullish charts. I find TA to be fairly BIAS many times. For example here is my chart I draw about BTC, notice I am very bearish on BTC right now. Quote Link to comment Share on other sites More sharing options...
Monitor-Tan Posted February 1, 2018 Report Share Posted February 1, 2018 LOLOL this guys fucking killed it on the TA Quote Link to comment Share on other sites More sharing options...
IAG Posted February 1, 2018 Report Share Posted February 1, 2018 A lot of TA guys I've noticed are always bullish on things or bearish, they'll throw a lot of different coins and always publish things that are bullish, or bearish, rare to see TA guys publishing both bear and bullish charts. I find TA to be fairly BIAS many times. For example here is my chart I draw about BTC, notice I am very bearish on BTC right now. http://i67.tinypic.com/j6mnt3.jpg Hahahahaha Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted February 1, 2018 Report Share Posted February 1, 2018 Yeah, I just I don’t know what constitutes the “silly phase.” BTC went from 1000 plus to 300 or something in 2013 and sat for two years or so? After Mt. Gox...Then possibly pumped up by one guy they say now....then I was told the silly phase was over under 2k. Goes to 20k...possibly also because of pump from Bitfinex... The only thing I know about BTC prices, is it seems impossible to know anything about BTC prices. Heard someone say the other day that “ Bitcoin doesn’t give a fuck about your triangles. “ That made me laugh. the silly phase was when smaller cryptos were going up 3x or 10x in a week... that kind of activity is always indicative of a top you're right with regards to btc/eth, it's hard to know for certain which direction they will head but deep down i think you know the party is over. i would guess that over 90% of the current top 100 coins are going to be worth almost nothing within a year or two, totally different than "real assets". Quote Link to comment Share on other sites More sharing options...
trytrytry Posted February 1, 2018 Report Share Posted February 1, 2018 the silly phase was when smaller cryptos were going up 3x or 10x in a week... that kind of activity is always indicative of a top you're right with regards to btc/eth, it's hard to know for certain which direction they will head but deep down i think you know the party is over. i would guess that over 90% of the current top 100 coins are going to be worth almost nothing within a year or two, totally different than "real assets". will you let that happen without making money with puts and calls? with little risk leverage you could make tens of millions if that simple prediction happens. Quote Link to comment Share on other sites More sharing options...
trytrytry Posted February 1, 2018 Report Share Posted February 1, 2018 Quote Link to comment Share on other sites More sharing options...
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