$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

[Banh Xeo]

There's not enough information in the chart to even guess what's going to happen. I feel like a pull-back is coming, but this is like the inverted of trying to catch a falling knife. The volatility is extremely high. It's wicking in both directions.

Long term I believe the price will consolidate below $4k. I don't think we'll see $6k any time soon.

Pretty much what I was thinking too, well enjoy the ebbs!

 

[AnOminous]

Long term I believe the price will consolidate below $4k. I don't think we'll see $6k any time soon.

Or if we do it will be temporary and crash again. Back in 2014 (?) or so it made a run at $2000 and then crashed, a couple months later, ran back up to $1500 or so, and then went back down below $1000 for a couple years. There were earlier similar things, too.

 

[LastOfTheMohicans]

 

[CrunkLord420]

@Lysol when are you gonna start trading?

 

[Lysol]

@Lysol when are you gonna start trading?

Did I say that? If so I disagree with my past statement on crypto in that graph.

 

[CrunkLord420]

Here's my 2019 prediction based on nothing

 

[underscoredash]

Here's my 2019 prediction based on nothing
View attachment 677698

nah bro it's going to be sideways until we all die and it's getting 2 transactions per week which is just some autist sending the same 4 btc back and forth to himself

 

[Mysterious Capitalist]

How much did you make daytrading cryptos last year @CrunkLord420 , if you don't mind the question? Just out of curiosity.

 

[theyarewatching]

The only person that i heard made a lot of money trading bitcoin was David Tepper's son.

 

[Alex Poulos]

What's the deal with BTC's usability now? The network is clogged with unconfirmed transactions, right? Looks, like its only usecase is moving fuckloads of money beyond national borders, at the moment, unless there's serious proliferation of the Lighting network going. Is it time to put some bucks into BCH?

 

[HarveyMCR]

You have to love watching bitcoin drop $500 dollars in value in less than 10 minutes. Totally not manipulated at all

 

[CrunkLord420]

You have to love watching bitcoin drop $500 dollars in value in less than 10 minutes. Totally not manipulated at all

Liquidation cascades due to over-leveraged traders and everyone having their stop-losses in the same place is not manipulation.

 

[Jeb-sama]

You have to love watching bitcoin drop $500 dollars in value in less than 10 minutes. Totally not manipulated at all

It had every reason to move hard south. It's been sitting above two significant supports for a month now, and price action has been shit. Impotent bullfags couldn't even repair half the damage that was done on the 24th of september

 

[Particle Bored]

Impotent bullfags couldn't even repair half the damage that was done on the 24th of september

()

 

[Alex Poulos]

So we bullrun now?

 

[sad cowboy cat]

 

[Skeletor]

F

 

[Goofy Logic]

Nice plunge. If it drops again I'm buying some more.

 

[Null]

why the fuck would crypto go down during a pandemic? it's the dollar that's about to shart all over the world

 

[Cure Milquetoast]

why the fuck would crypto go down during a pandemic? it's the dollar that's about to shart all over the world

There's only one currency that will survive in this economy...