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.
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.
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.
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."
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.
@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."
Wisdom of Don Tzu.......
"Enemy can stop you from achieving victory, but cannot stop you from claiming it. Always claim your win." Don Tzu
"If you don't know what you are doing, neither does your enemy." Don Tzu
"You can't lose if you don't have a goal." Don Tzu
Comments
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.
Best way to drive the price down is for me to buy some.
Dan Peña is not a fan. LOL. (Warning, strong language)
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.
Too many positive BST transactions with too many members to list.
That sweet little baby Jesus, Halelujah
Well played guiitarwes, we'll played.
Knowledge is the enemy of fear
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.
...
``https://ebay.us/m/KxolR5
April 15th just around the corner. Lot's of taxes will be due.
"A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."
Most people will remember bitcoin for having bitten them in the ass.
I'll remember it for "I told ya so."
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."
I am still happy sitting on my sofa watching this all unfold with my popcorn.
100% Positive BST transactions
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
Got an egg roll with mine.
``https://ebay.us/m/KxolR5
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
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?"
https://bloomberg.com/crypto
Wisdom of Don Tzu.......
"Enemy can stop you from achieving victory, but cannot stop you from claiming it. Always claim your win." Don Tzu
"If you don't know what you are doing, neither does your enemy." Don Tzu
"You can't lose if you don't have a goal." Don Tzu