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Thread: Bitcoin Cracks $5000

  1. #841
    Quote Originally Posted by Zippyjuan View Post
    Only a $2000 decline in one week.
    Indeed. And directly following a week of only a $2000 increase.



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  3. #842
    Quote Originally Posted by anaconda View Post
    Indeed. And directly following a week of only a $2000 increase.
    That means it's shearin' time again.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  4. #843
    lol back to 9800$ now down to 9200$.

    stop whining girls. enjoy the ride.

  5. #844
    Last Week Tonight did a decent overview of Bitcoin and alt coins and the ICO craziness.

    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  6. #845
    At this rate I predict Bitcoin and all other cryptocurrencies will hit $0 within 3 weeks.

    You read it here first.
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

    Donald Trump / Crenshaw 2024!!!!

    My pronouns are he/him/his

  7. #846
    Quote Originally Posted by kpitcher View Post
    Last Week Tonight did a decent overview of Bitcoin and alt coins and the ICO craziness.

    Herdin' the sheeps.

    It's been an experience watching how the money powers roll out the new paradigm.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  8. #847
    Quote Originally Posted by TheTexan View Post
    At this rate I predict Bitcoin and all other cryptocurrencies will hit $0 within 3 weeks.

    You read it here first.
    I'll give anyone $1 for those worthless BTC...
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  9. #848
    Quote Originally Posted by kpitcher View Post
    I'll give anyone $1 for those worthless BTC...
    That's a little too easy. Would you give them $9000 for a bitcoin now?
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



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  11. #849
    Below $7,800.

  12. #850
    Quote Originally Posted by Zippyjuan View Post
    Below $7,800.
    8300$

  13. #851
    https://www.coindesk.com/major-crypt...18-lows-today/

    Major Cryptocurrencies Are Hitting 2018 Lows Today


    Bitcoin's drop to an 11-day low of $7,438 is hogging the limelight, as usual, but other cryptocurrencies are struggling, too.

    Today, ether (ETH), Ripple's XRP and bitcoin cash (BCH) all dropped to fresh lows for the year so far. Thursday's market developments highlight the continued crunch in the crypto markets, which has solidified in the months since many crypto-assets soared to all-time highs.

    Indeed, during the first week of January, the overall market capitalization of the cryptocurrency market exceeded $800 billion - as of today, that figure has dropped to roughly $275 billion, according to data from CoinMarketCap.

    Ether

    Ethereum's ether token, the second-largest cryptocurrency by market capitalization, continues to take a beating, and as of press time threatens to drop below the $400 mark. ETH has depreciated by 10 percent in the last 24 hours and is down 47 percent on a year-to-date basis.

    It's worth noting that the 14-day relative strength index (RSI) shows that the cryptocurrency is at its most oversold level since December 2016 and, hence, could see a sharp rally if the broader markets regain poise.

    XRP

    XRP fell to $0.53 soon before press time - the lowest level since Dec. 14, according to CoinMarketCap. The cryptocurrency's value has depreciated by 8.8 percent in the last 24 hours and, on a year-to-date (YTD) basis, it is down 76 percent.

    The world's third-largest cryptocurrency hit a record high of $3.84 on Jan. 4, and since then has been steadily losing altitude in line with the broader market


    http://www.businessinsider.com/bitco...is-year-2018-3

    Bitcoin just grabbed its biggest slice of the crypto pie since last year

    As the market for digital currencies sheds billions, bitcoin continues to eat up market share.

    During Thursday's trade, the largest crypto made up 45.66% of the total market, its largest slice of the cryptocurrency pie since the beginning of the year. Meanwhile, the total market cap for digital currencies stood at $274 billion, down more than $500 billion from its all-time high.

    The cryptocurrency marketplace, which is known for its spine-tingling volatility, saw bitcoin grab market share as it ran up to $20,000 at the end of 2017. As its price fell at the beginning of 2018, and smaller coins saw relative gains, its share bottomed out below 33% in January.

    As uncertainty around regulations and the future of initial coin offerings mounts, it looks like investors are pouring back into bitcoin. Joe DiPasquale, the founder of BitBull Capital, a cryptocurrency fund of funds, said this is a trend that has played out before.

    "When cryptos go down in value, investors want to go to bitcoin, the largest market cap, since it is seen as the safest coin," DiPasquale said. "It's the one that has the most acceptance, the most use, and of course it is first mover."

    Still, the coin is trading down more than 5% Thursday, according to Markets Insider data, at $7,449.

    This week Twitter announced it would ban advertising for Bitcoins.
    Last edited by Zippyjuan; 03-29-2018 at 03:15 PM.

  14. #852
    Currently $6702.

  15. #853
    The enthusiasm seems to be waning in this thread. I noticed the number of posts moves in step with the price of Bitcoin.

  16. #854
    Quote Originally Posted by Krugminator2 View Post
    The enthusiasm seems to be waning in this thread. I noticed the number of posts moves in step with the price of Bitcoin.
    Ok, so when this thread was created it was at $5,000, and now it is at $6,900 so I guess the enthusiasm is greater now then when the thread was created according to your "theory"
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  17. #855
    Quote Originally Posted by dannno View Post
    Ok, so when this thread was created it was at $5,000, and now it is at $6,900 so I guess the enthusiasm is greater now then when the thread was created according to your "theory"
    You need also to look at the velocity and its direction.

  18. #856
    Quote Originally Posted by timosman View Post
    You need also to look at the velocity and its direction.
    Yup, and the trolls like zippy love to pop in after a big dip
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."



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  20. #857


    Ya gotta know when FODL em...
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  21. #858
    Quote Originally Posted by dannno View Post
    Yup, and the trolls like zippy love to pop in after a big dip
    You are right. Since it only goes up we should only post the rises.

  22. #859
    Quote Originally Posted by dannno View Post
    Ok, so when this thread was created it was at $5,000, and now it is at $6,900 so I guess the enthusiasm is greater now then when the thread was created according to your "theory"
    No that actually isn't my theory at all. It only has to do with the direction of price movement and observation that the maximum number of posts were made when it made sense to liquidate positions. The time to talk about hodling would be when price is down 70% not when it is extremely overextended.

    Anyone was long at 5k and still long the same position at 6800 right now made a catastrophic blunder and should own that.
    Last edited by Krugminator2; 04-02-2018 at 01:19 PM.

  23. #860
    The all time historical price chart is interesting. https://www.worldcoinindex.com/coin/bitcoin
    Quote Originally Posted by dannno View Post
    It's a balance between appeasing his supporters, appeasing the deep state and reaching his own goals.
    ~Resident Badgiraffe




  24. #861

  25. #862
    Somebody made a huge buy today. https://cointelegraph.com/news/bitco...ross-the-board

    Bitcoin’s Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board


    The crypto markets experienced an explosion of growth today, April 12, with Bitcoin (BTC) jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green.

    While no specific events have been confirmed as the reason for the sharp price jumps across the board, Twitter users have speculated that the recent news that Bitcoin has been declared compliant with Shariah law – according to a report published online today, April 12 – may have contributed to the spike
    Currently down about $500 from that spike above $8,000.

    Last edited by Zippyjuan; 04-12-2018 at 01:55 PM.

  26. #863

  27. #864
    Do you think Bitcoin will reach 20k again? I track it all the time on https://www.crosslytics.com/ and read some predictions on it and want to try invest in BTC soon again. What are your thoughts on it, guys? Maybe you can recommend me something about it too
    Last edited by Davideer; 04-18-2018 at 06:57 AM.



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  29. #865
    spammer reported^^^
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book

  30. #866
    Quote Originally Posted by devil21 View Post
    spammer reported^^^
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  31. #867
    Quote Originally Posted by Davideer View Post
    Do you think Bitcoin will reach 20k again? I track it all the time on https://www.crosslytics.com/ and read some predictions on it and want to try invest in BTC soon again. What are your thoughts on it, guys? Maybe you can recommend me something about it too
    yes it will. By next halving in 2020.. it is a 99% given. Just very few people understand that. Those who do hodl and accumulate.
    Some crazies like McAfee say that it will be 1 million dollars in 3 years. I don't believe that's likely. But 20k... of course.

  32. #868
    It appears with Bitcoin climbing it's pulling some of the other coins upwards also. Not sure how long this trend goes but it'd be nice for this to be an across the board climb like the end of 2017.
    Last edited by kpitcher; 04-20-2018 at 01:51 AM.
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  33. #869
    $9430
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  34. #870
    $9636
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

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