It's looking like game over for Bitcoin

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  • EagleEye
    EagleEye Posts: 7,677 ✭✭✭✭✭
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    Bitcoin took off when the regulators were fired by Trump - Preet Berarah (sp?). The sanctioned Russian oligarchs are using bitcoin to launder money. They got in easy enough and now are slowly getting out on the other side.

    Seems safe now, since there is no call to fight money laundering right now.

    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    Best way to drive the price down is for me to buy some.

  • ChrisRx
    ChrisRx Posts: 5,619 ✭✭✭✭
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    Dan Peña is not a fan. LOL. (Warning, strong language)

    image
  • guitarwes
    guitarwes Posts: 9,308 ✭✭✭
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    Yeah, looks like we're headed a little lower, may hit 6500 before it's over. Hopefully the support will hold there. It's taking a bit longer than I thought. All the new traders and weak hands are easy to make the price dump on the volitility. I'm man enough to admit the charts don't look good for the short run with the "death cross" and bear channel and etc. and whatnot. The long run, however, looks even more promising to me than ever. Not just for Bitcoin, which I don't own or trade much, but for many other cryptos. I sold all my Bitcoin the beginning of this week to buy back sub-$7000.
    Litecoin is looking ripe for the pickings. The next catapult up may take it to $1000 between now and May. Sitting at $119.75 right now. Lots of good things happening behind the scenes with LTC.
    Goldman Sach's owned Circle bought Poloniex exchange a few weeks ago. I'm sure if they thought cryptos were crashing into nothing they would have held off on that a while. It's gonna be quite a ride when institutional money starts flowing in.
    Happy Easter to everyone. Remember the true reason we celebrate.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • ACop
    ACop Posts: 1,479 ✭✭✭✭✭
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    @guitarwes said:
    Remember the true reason we celebrate.

    That sweet little baby Jesus, Halelujah

  • RedneckHB
    RedneckHB Posts: 20,237 ✭✭✭✭✭
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    Well played guiitarwes, we'll played.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • grote15
    grote15 Posts: 30,229 ✭✭✭✭✭
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    It reeked like a pump and dump over the past couple years and it looks like the pump part is over. We'll see if it bounces back but I am not optimistic at this point.



    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.
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,223 ✭✭✭✭✭
    edited December 18, 2018 11:31AM
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    ...

  • derryb
    derryb Posts: 38,614 ✭✭✭✭✭
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    April 15th just around the corner. Lot's of taxes will be due.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • BAJJERFAN
    BAJJERFAN Posts: 31,665 ✭✭✭✭✭
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    Most people will remember bitcoin for having bitten them in the ass.

    theknowitalltroll;
  • ChrisRx
    ChrisRx Posts: 5,619 ✭✭✭✭
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    @BAJJERFAN said:
    Most people will remember bitcoin for having bitten them in the ass.

    I'll remember it for "I told ya so."

    image
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
    edited April 9, 2018 6:40PM
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    Down or up, depending when you purchased one, $6,600+ I don't buy internet created currency, but to my way of analyzing bitcoin: "The game is far from over."

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • metalmeister
    metalmeister Posts: 4,633 ✭✭✭✭✭
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    I am still happy sitting on my sofa watching this all unfold with my popcorn.

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • coinpalice
    coinpalice Posts: 2,469 ✭✭✭✭✭
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    a few people become very rich investing in bitcoin, i'm happy with old gold, only a matter of time when the market goes up on stuff I like

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,223 ✭✭✭✭✭
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    Got an egg roll with mine.

  • asheland
    asheland Posts: 24,545 ✭✭✭✭✭
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    When I started this thread it was $7322.01. Now it's $3,524.44. It seem to be dying a slow death.

    My YouTube Channel

  • tincup
    tincup Posts: 5,482 ✭✭✭✭✭
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    I'm sure there are those who see it as a 'buying opportunity' and are continuing to toss money in. Just like some silver buyers after the peak in 1980.

    ----- kj
  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    @tincup said:
    I'm sure there are those who see it as a 'buying opportunity' and are continuing to toss money in. Just like some silver buyers after the peak in 1980.

    Did you mean to say "Peak 2011?" ;)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • ADG
    ADG Posts: 483 ✭✭✭
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    https://bloomberg.com/crypto

    "Some people say Citizen Kane or Casablanca. I say 'Jason and the Argonauts' is the greatest movie ever made.” Tom Hanks at The Oscars' Science & Technical Awards Ceremony for Ray Harryhausen, 1992

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