fuck i think i will regret it big to sell all my btc at $278
don't wait to sell into support..... should have sold a long time ago. wait for a good bounce to sell if you think the down trend will continue -- i think it will....
seems the big action is on LTC right now....
too bad my money is in bitcoin (or borecoin, whichever it is)
i think LTC is just having a little dip.... should be bought up..... then BTC fill follow on the next leg up. fingers crossed, anyhow.
how low do you think LTC will dip? seems maybe 1.95-98 on btc-e...
doom is not on the menu yet. moon soon.
just follow LTC. this thing is gonna moon.
1h, 4h BB bands getting tight as hell. The next move is gonna be big, will go on for a while. So no point trying to call it now. Just gonna ride the breakout.
Yeah I got chopped a couple times trying to trade this sideways. Now waiting to see something strong to follow, no point bleeding my money away.
price depends on actual story that is happening around bitcoin, no?
True at times but there is a lot more towards the price of an asset with a 10 billion USD marketcap than a bot of media stories.
Thoughts on how the ETH hard fork may affect fundamentals? Does it affect BTC? Does it reflect badly on all cryptocurrency -- since it breaks immutability for the sake of a bailout?
It was a sad sight is all I know.
Wow, haven't seen a move that strong in a while! Blew right threw the last two local highs. I've been waiting for you bears to suffer. Your time has finally come!
$700 1H candle here, what is this sorcery?!
Edit: $1000 1H candle
Man Bitpay is totally boning us now. I'm getting transactions confirmed at 1 satoshi/byte and these fuckers are charging me over 0.0001 on a "network fee". That's like 70x what I'm paying in fees. :rageface:
Seems like we could get a legit bounce from the look of the hourly. Coincides with the 50MA tap on the daily too. All in all, the higher time frames look like shit though. I'm preparing for a hibernation period.
Looks like 2019 will be the new version of 2017!
The bull market is back on, but I don't think we're getting anywhere near $16K this month. That pump to $10.5K was just the initial short squeeze. We probably have weeks of consolidation (like last January) ahead of us.
"4 year cycle" is just a synonym for claiming that it's impossible for there to be a mining bubble and the artificial scarcity event known as the halving will always make the price go up and make miners profitable, and no miners will ever have to shut off. If you claim the price will automatically go up every halving, then that would automatically make Bitcoin a Ponzi scam. So which one is it, kids? Is Bitcoin a Ponzi scam or not?
It doesn't
automatically go up. It probably will based on historically increasing demand and the relationship between price and stock-to-flow ratio.
There is only a guarantee that new supply will dry up as Bitcoin moves towards zero inflation via the halvings. There can never be any guarantee about
demand though. We're all just speculating about that.
The greed/fear index is back in "fear". The first step towards finding a bottom!
Even the FBI agrees we're going to the moon. And they aren't just some regular permabulls. Money launderers, terrorists, etc. are increasingly using crypto for a reason. Because it's going mainstream, and because it works.
