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Nov 28, 2017 02:25 AM
(This post was last modified: Nov 28, 2017 02:29 AM by Olympus.)
My own personal thoughts on bitcoin, i do not want any banter against this thread however i do want constructive criticism as to weather you agree with this or not and why?
There could be some very dark sinister shit going on in the background that we don't know about. Bitcoin is being pushed fucking everywhere all the sudden and it's still not necessarily a finished product its fucking shit house compared to some other coins its transaction speed is slow as a mother fucker. It just does not make much sense to me why its being pushed so hard all of the sudden... and the way its being pushed for a example this guy made a million dollars over night or bitcoin surges 50% over night.
A lot of new investors have bought into it and expecting profits and just for profits. They have no idea about the fundamentals just buy btc now and sell later.... Also the thing about new investors is they react to FOMO very easily and everyone is guilty of it when your starting out, so when a price does drop or goes into consolidation and scared of it dropping so they sell. It could lead to mass selling..... Let's see what happens however the charts are looking very bullish. But as you can see it has not really built any support what so ever from 8k.....
Also people are led to believe its not controlled however there are a select few who own a large portion of btc's and can manipulate it however they wish to if they wanted to. This is probably why the government also likes the idea of it as it leads to more global control and easily manipulate the economy in there favour. Just a conspiracy at the moment so please don't give me hate for this thread its just that things are not really seeming to add up. It's unhealthy for forced growth and this is what the media is doing manipulating the public... Bitcoin should be a slow, low key growth. Also they say its impossible to steal however quantum computers are being built as we speak and being improved and improvised and they claim that btc is vulnerable to quatum computers and black hats will be able to take advantage of this. I hope this was somewhat informative and please don't give me banter for a negative post against bitcoin. Heres the chart relating to bitcoins rapid rise and no support from 8k.....
Cheers 🤝
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i cant even enjoy these gains from my portfolio cuz i know it will go down hard soon and wipe the smile from my face. i dont trust exchange websites with all of my money to move into usdt i`ll just have to hold
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Nov 28, 2017 03:50 AM
(This post was last modified: Nov 28, 2017 03:51 AM by Olympus.)
TA is looking bullish so who knows i definitely believe its going to continue going up, but no one can really say how far...
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This is the first post that I totally agree with on HF.
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(Nov 28, 2017 04:09 AM)Depressed eGirl Wrote: This is the first post that I totally agree with on HF.
Well it's good to see other people on here are thinking the same thing but at the same time its kind of scary.... In my opinion i'm in on ltc as its reasonably safe during these times...
(Nov 28, 2017 03:15 AM)Cyber Coder Wrote: cuz i know it will go down hard soon and wipe the smile from my face. i dont trust exchange websites with all of my money to move into usdt i`ll just have to hodl
Dumbest shit I've ever heard. If you know it's gonna dip soon then why don't sell and take the profit? Exchanges are literally making bank from people exchanging on their website, they won't scam a tiny portion of their income to ruin their reputation. The losses you'll bite if you don't sell could be so much greater than the absolutely tiny risk of trusting an exchange with your money for a few hours. Spikes like this one are gold mines if you play them right.
The essential cause of the stability of our currency was to be sought for in our concentration camps. The currency remains stable when the speculators are put under lock and key.
Gothenburg, Sweden
(Nov 28, 2017 03:15 AM)Cyber Coder Wrote: i cant even enjoy these gains from my portfolio cuz i know it will go down hard soon and wipe the smile from my face. i dont trust exchange websites with all of my money to move into usdt i`ll just have to hold
You can always get fiat though.
No one will want to sell first.
I imagine the whales will have a game plan to fake out above 10k causing alts to bleed to death, including ETH and BCH, then dump their bags to buy into BCH to flip while it's cheap.
The only question is, when?
ETH - 0x371b98dfe75cbc68eb88a1cb47388787fdb4223d
BTC - 1755Ve4tdVa7dhUDf85jzH7cYf48icRpLt
Nov 28, 2017 07:04 AM
(This post was last modified: Nov 28, 2017 07:05 AM by The Godfather.)
(Nov 28, 2017 06:06 AM)AJ911 Wrote: No one will want to sell first.
I imagine the whales will have a game plan to fake out above 10k causing alts to bleed to death, including ETH and BCH, then dump their bags to buy into BCH to flip while it's cheap.
The only question is, when?
BCH will see a nice pump in late December :)
Buy it in the 1.3-1.4k range, thank me later
Nov 28, 2017 07:05 AM
(This post was last modified: Nov 28, 2017 07:06 AM by Yin Yang.)
New investors will start pulling out as all they care about is short term profit
(Nov 28, 2017 07:04 AM)The Godfather Wrote: BCH will see a nice pump in late December :)
Buy it in the 1.3-1.4k range, thank me later
I agree as well. With coinbase adopting it, it'll surge
🚀 Signature space for sale! PM me if you’re interested.
(Nov 28, 2017 07:05 AM)Yin Yang Wrote: New investors will start pulling out as all they care about is short term profit
I agree as well. With coinbase adopting it, it'll surge
Blockchain.info as well, peak for pump I say @ $2.1k-2.4k
Don’t sell under 2k.
I’m ready to make a few thousand :)
Nov 28, 2017 07:27 AM
(This post was last modified: Nov 28, 2017 07:32 AM by Covalent.)
What you're seeing is mainstream adoption and a wave of people discovering it. Bitcoin is the king of the crypto space. Since bitcoin is accepted places where other coins are (i.e. Steam, Newegg and many more) it makes it a HELLA lot easier for people to actually make this as a currency to use. NOT only that people are now seeing it as an investment opportunity like you see with the futures. There are a lot of good things at play for bitcoin, none of it is sinister, however. There has been manipulation at play before with other currencies like Bcash. You will know manipulation when you see it. Bitcoin has 9 years of history behind it whereas Bcash has like 5 months.
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Nov 28, 2017 08:11 AM
(This post was last modified: Nov 28, 2017 08:22 AM by shreder.)
" There is something sinister going on each time a correction is near hey look new fork dont sell yet then some premined shit coin comes out the people behind it make a fortune."
Something I said earlier on some bcd thread.
(Nov 28, 2017 07:27 AM)Covalent Wrote: What you're seeing is mainstream adoption and a wave of people discovering it. Bitcoin is the king of the crypto space. Since bitcoin is accepted places where other coins are (i.e. Steam, Newegg and many more) it makes it a HELLA lot easier for people to actually make this as a currency to use. NOT only that people are now seeing it as an investment opportunity like you see with the futures. There are a lot of good things at play for bitcoin, none of it is sinister, however. There has been manipulation at play before with other currencies like Bcash. You will know manipulation when you see it. Bitcoin has 9 years of history behind it whereas Bcash has like 5 months. We are so far from mainstream adoption is not even funny the fact that you stated steam and newegg and not netflix and ebay already show how we can only target tech savvy crowds. When the Federal reserve bank in new york holds ledger nano s for governments thats when we have done it boys fuck amazon fuck these companies we need world domination but we are far from it so far its still a dream despite marketcap.
Nov 28, 2017 08:46 AM
(This post was last modified: Nov 28, 2017 08:49 AM by Covalent.)
(Nov 28, 2017 08:11 AM)shreder Wrote: " There is something sinister going on each time a correction is near hey look new fork dont sell yet then some premined shit coin comes out the people behind it make a fortune."
Something I said earlier on some bcd thread.
We are so far from mainstream adoption is not even funny the fact that you stated steam and newegg and not netflix and ebay already show how we can only target tech savvy crowds. When the Federal reserve bank in new york holds ledger nano s for governments thats when we have done it boys fuck amazon fuck these companies we need world domination but we are far from it so far its still a dream despite marketcap.
Versus all other coins Bitcoin has the most mainstream adoption I'm not saying that it has complete mainstream adoption I'm saying it has more than any other coin of the sort. The other day I bought monitor with Bitcoin and nothing else, I can't do that with any other coin. Yes we are only being adopted so far by the tech-savvy crowd but it is a start. These companies that DO accept it are really standing out and is making a proving ground to showcase that high tier corporation can adopt this type of technology/currency. These somewhat big tech Savvy companies are really making an influence on other bigger companies by adapting to this sort of thing.
Why is there so much FUD around BTC's current bull run? Are y'all expecting BTC to pull back to sub $5k?
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