It's looking like game over for Bitcoin
asheland
Posts: 23,189 ✭✭✭✭✭
It's just dropped and dropped lately... Down to $7322.01 last time I checked.
I hope people are getting out before it gets worse. 
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Getting out makes it get worse. The great tulip bulb conundrum.
I've never understood the appeal from day one, but it's certainly been interesting to watch!
My YouTube Channel
BitVIX is the new game in town
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I think we were told to look for Easter eggs and candles and to revisit this in a few weeks.
Knowledge is the enemy of fear
$6952.99 now. It just keeps dropping.
My YouTube Channel
Easter and April fools are on the same day this year. Some will find prizes, some will look like fools. 'Tis wait until then and see big guy.
Too many positive BST transactions with too many members to list.
The band kept playing when the Titanic went down, too.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
and you know someone here sold PMs and jumped in to some extent.
saw many, many sale threads on another very busy board with "selling PM for BTC, ETH!" etc
time for my "2 kinds of stacker" talk...
Loves me some shiny!
I knew I shouldn't have leveraged my home, emptied my 401 and the little one's college funds!
Oh well, my dog still loves me.
RIP @guitarwes
Last one out turn off the lights lulz
The whole worlds off its rocker, buy Gold™.
Well... bitcoin down, stocks down... PM's holding....interesting.....Cheers, RickO
I confess, I sold off my hoard of 2017 W MS70 AGEs at a 60% gain and placed a big bet last week against Wall St.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I never understood it, or was I a proponent of it !!!
BC = $6,568.00 on Monday night.
I knew it would happen.
Have no fear, for the Easter Bunny will soon be here.
Knowledge is the enemy of fear
No worries, the stock market will eventually come back. Bitcoin... lol.
Your bitcoin is just about to enter 5k land (long drop from that 19k just a few months ago.) Some people made plenty of money on that gimmick, others... bagholding it still it seems going for that 100k!!!
I feel sorry for the poor ( stupid ) saps who put their money in at the beginning of the year.
Bob
Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
Gonna be a class-action after it's all gone - was totally a pyramid scheme from the very start.
Insert witicism here. [ xxx ]
Research after the dust is settling has found that 2 traders ran bitcoin from $90 to $1000. Then the uninformed media buzz took over and the rest is history....
100% Positive BST transactions
Manipulation, ponzi scheme, unregulated... sign me up!
Thanks. Still here.........and will be.
Bit off a bit more BTC last night at the low. Wow, already up $1200 in less than 12 hours. Not a bad 3 minutes work.
My first sale of BTC when it was at 14,800. I was in it at 2400. Been sitting tight since waiting for a drop so I could pounce on more. I wasn't expecting a drop this low (was expecting it to find a floor at 7500 or so), but I'm sure glad it took a dump so I could add to the stack (and to use it to purchase other tokens with).
Too many positive BST transactions with too many members to list.
Sounds like buying a falling knife.
Sounds legit
A total scam this was.
Loves me some shiny!
There’s a floor , somewhere. And then there are bounces, speculators and traders. Don’t count your chickens until...
bitcoin price is currently at $8165.
Who are the lawyers going to go after? Satoshi Nakamoto? HAHA.
Goldman said it is heading to zero and the real action is going to be in block chain. So the music stopped who lost the chair
On a serious note: this is the kind of thing that had traders in Manhatten looking for a bridge. If your in this don't panic but don't be a fool. Exit as safe and as soon as you can. Nothing like sounds Gold & Silver.
Best place to buy !
Bronze Associate member
so how it works is...you take a block...add a chain....attach your wallet to the other end...and then....
Loves me some shiny!
tulips are still worth 2 for $1
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I love going against the flow.
Too many positive BST transactions with too many members to list.
Good luck to you.
Gambling is not a sound investment paln.
Yes, probably! their block chain, a proprietary chain needing their permission to use with Goldman issued "coins" that are fully redeemable at 300 central banks throughout.....
It's all about what the people want...
Wampum spiked for a while as well in the 1640s. Smart people bartered useful things instead of baubles.
@Kkathyl said:
Goldman said it is heading to zero and the real action is going to be in block chain.
The Goldman analysis I saw (interview with Steve Strongin) did not say that Bitcoin was heading to zero. Rather, he said that in a "few winners take most" market, most crypto-currencies would end up at zero. This is an important difference. The key point is whether Bitcoin is or can become a useful medium for facilitating transactions, storing wealth, etc. That is highly unclear. Although I personally wouldn't put my funds there, I can see it maintaining a positive value.
I love going against the flow.
That's what Harry R. Truman said just before Mt. St. Helens blew up.
Member ANA, SPMC, SCNA, FUN, CONECA
Good to see you still around these boards Higashiyama. I always appreciate your clear, rational and informed opinions.
Knowledge is the enemy of fear
Warren Buffet wanted a basket of cryptocurrencies he could buy a large short on with the five year timespan. I wouldn't forget that Blythe Masters was behind the blockchain business, the woman many believe was in a big way responsible for the 2008 economic crisis with irrational credit default swaps.
The real value of bitcoin is in the way it demonstrates how broken our investment markets are.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Swimming upstream as hard as I can.....................(The little Bitcoin that could).
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Too many positive BST transactions with too many members to list.
It's low again.
My YouTube Channel
Still bullish? It seems like the air was let out of the balloon right after futures trading was launched.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Still see no value in made up currency backed by nothing.
Bernie madoff couldn't have done a better ponzee scheme
Very. Anytime you get idiots munking with something good you get crazy and unexpected things that happen. The technology is still growing strong and has long legs to go. Will always have bumps with anything new.
I'm still buying.
Too many positive BST transactions with too many members to list.