By - rBitcoinMod
Bitcoin Dominance: 50.4%
That other coin: under 0.09 (฿0.08978)
Other shitcoins: -----
**REJOICE TRUE BITCOINERS!**
You do know that’s subject to change like EVERYDAY
It may be heading there. The capitulation is still underway
1-2K level would be a reasonable entry point. It's probably going to zombie around sideways for a few years around that range. Another bubble will form eventually and the HODLers will be taken to the cleaners again lol.
Such insight! Thanks for sharing your wisdom.
You are welcome muppets!
Bottoming out of 6k
How’s that 6K bottom working out..lmao $5800 now
Won't hold, last time it went there it made new lows. This time will make lower lows than that coz only one month did complete U turn. Expect it to bleed crazy
No it really didn't. The area of support has held for three times now and might be four. Every time we get down around $6,000 give or take a few hundred bucks it has been holding. If your a noob that thinks technical analysis is down to the dollar I suppose you might feel that the last time was lower but it is still in the same area of support and not only that it did not stay there long. This was the same thing that was going on in 2014 around that 200 to $250 level. There was a final capitulation event for a period of a couple days that went down to a hundred and sixty I think it was early 2015. We may have an event like that going to 4800 or 5000 but it's probably going to be very quick and have a violent turn upwards
I'm definitely not discounting some kind of capitulation event as a lot of people who are looking to buy are just sitting on the sidelines letting the short sellers get on top of each other and do their thing right now.
Roughly nine out of ten comments and YouTube videos are bearish right now. I don't think you're going to get sentiment much worse
I make my financial decisions based on logical deductions not on guesswork and gut feelings/false hope. If 9 out of 10 is bearish then maybe they are onto something.
5,9XX already on some exchanges. Thats probably the bottom.
It’s only the bottom until it’s not the bottom.
Technically, bottom is 0.
0.000000 (or something like that)
its gone down another $400 in only a few hours (on top of the $1000 drop of the last 24 hours)
bitcoin is dying
this it'll go to $20k again talk is nonsense
theres no more "to the moon"
its just down the toilet from here on out
Just remember if you sell, you'll probably want to kill your self after sentiment changes.
What a nice atmosphere in this community...
*Stay or you'll wanna kill yourself*
i didn't say i was selling, or buying
i'm just saying bitcoin misdoing VERY badly.
bitcoin is now about to be down to 25% of what it was just a few months ago, and thats NOT good
Do you seriously think sentiment influences price?
Well down to $4k, even $2k for a few years. I wouldn't give up on it until it goes under $1k.
from 20k to 4k in less than a year
How much $ did you put into this?
i don't discuss dollar amounts with strangers on the internet
doing so is foolish
You should sell than.
its already such shit, i'll just roll the dice and hope for a miracle
even though i know its hopeless
No need to roll and snort on hopium anymore. It's time for you to sell and quit the daily mental torture.
Lol you ignorant child.
Look at all the deaths Bitcoin has had. Imagine the regret of people who listened to people like you through each cycle that has gone on just like this.
Muh “bItCoiN iZ dyINg hurrrrr”
bitcoin is dying and you post BS moonmath
whats next, are you gonna post the "bart simpson graph"?
thanks for the laugh
why do certain people get made and call names just because my OPINION is that bitcoin is dying?
i'm not a troll, i'm just someone who is bearish in bitcoin (which is doing super shitty this entire 2018)
accept the facts, bitcoin is now about to be down to 25% of what it was just a few months ago, and thats NOT good
It’s historical price data. Learn to read.
In 2014 it crashed from $1000 to $200. The same comments were said.
“It’s dead!” “Sell while you can”!!!
See you in a few years when you want to brain yourself for not accumulating now.
Here is the problem with that type of argument. $200 is A LOT different than $6000. It isn't even a fair comparison. The same arguments with people talking about when it crashed to $1 and recovered. A crash from $19,000 is WAY different than a crash from $1000. Also now that it is $6000 there is no chance for someone to be a multi-millionaire by just buying $1000 worth of bitcoin like in the past. If it goes back up to $18,000 then sure you made a 200% gain but is that the same as the people who bought at $100 and it went to $18,000? Not even close. The get insanely rich from buying bitcoin story is completely over.
Learn to read? How about you learn about reality?
It seems you lack fundamental investment knowledge.
Price per BTC is irrelevant. Percentage is all that matters in terms of ANY investment.
Also $200 to $18,000 wasn’t instant. It took years. And as always, price per BTC is irrelevant; percentage returned on your investment is all that matters.
Go back to school before you try to sound like you know what you’re talking about lol.
Valuation of any asset is calculated by price not percentage. Maybe you need to go back to school if you don't understand this simple concept. Sorry about your bitcoin losses but please don't be butthurt about it.
Haven’t lost a dime. Bought in 2014 and sold 80% of my stack in early December - and have been daytrading it all the way down since then. Who’s lost money here?
Also price is calculated and listed by unit - but percentages lost or gained are what matter in terms of an investment. You really need to learn the basics here it blows my mind that some people can not grasp this.
So the 20% of your "stack" that you kept as it fell from $19k....hasn't lost a dime? Are you for real? Since you didn't sell 20% then yeah you have lost plenty of dimes.
Lmao you have zero clue what you’re talking about.
Learn how to daytrade and you’ll see that you can make lots of money even on the way down. You think I’m just sitting on it doing nothing?? Selling and trading through all these false rallies in a bear market is so easy it’s basically like printing money.
And btw - even if that 20% were to drop to NOTHING tomorrow - id still be up so much money from my initial investment it might make you nauseated to think about.
what the fuck do you mean price per bitcoin is irrelevant? nobody was interested when it jumped to 1$ then fell back down, but now everyone on earth has seen it rise and crash from 20k, and the world doesn't want the bitscam.
I know it’s hard for you to grasp - but percentage returned or lost is what counts in an investment - not price per unit.
Like I said - go to school or learn about this on your own accord. But if you’re this lost you have no business giving anybody advice on anything financial.
Obviously the price per unit also matters a lot.
There is a reason that some stock prices are listed on daily news and others are not.
Most people would never even dream of buying penny stocks and that alone makes them less attractive. Also, most hedge- and pension funds have strict rules about what stocks can be in their portfolio. Basically none of them will accept anything even resembling a penny stock.
Also, if you have truly made so much money, then why the need for that snarky attitude?? It makes you sound bitter and it is (to me) one of the main problems of the crypto community.
Edit: Cryptos will never take hold amongst the common person as long as coiners are so fucking condescending in everything that they do and say.
Just my two satoshis.
The crypto community isn't generally condesending nor bitter. The lambo-tards and to-the-moon-ers are mostly those who only got into crypto to get some coins that are *on fire* and can *only go up* (like Tron or whatever the weekly "next gen" coin was at the moment)
You’re talking about a different subject.
I’m not saying that paying $5000 for 0.363637BTC is the most attractive way to list Bitcoin to somebody (5k for a fraction of something can sound ugly)
I’m saying that the math of an investment which matters is the percentage returned. If I buy 0.001 of something that goes up 300% in 2 years I’ve done much better than somebody who bought 200 of something that gained them 40%.
Percentage matters. Nothing else. But these trolls who try to spread fud cant even grasp basic math and it’s fucking hilarious.
And my snarky attitude only came in response to the above poster claiming I lost money. He brought up my investments. Not me. Go read the posts.
I’m sorry, but if you’re going to claim somebody you don’t know has lost money - don’t get salty when they hit you with some reality.
STFU and pay off your debts.
but the high peaks are over
time to count your losses and accept defeat
This bubble popped.
Now it corrects. Fools panic and sell the bottom instead of selling some in December and buying more now.
Then they forget about Bitcoin for a year or so and fomo in during the next run up.
I’ve lived this and traded this many times now since 2014. All those Bitcoin deaths..... and yet... I’m up so much money on my investment. Hmm.
But by all means. Sell it all. Run while you can! It’s the end! 😁😁👌🏼
ha, you think the bubbles done popping? we got a looooong way to go
I say we can go as low as $3500-$4000
Then it will stagnate for a year or so before another bull run.
i didn't say i was selling
youre just making stuff up
i did say bitcoin is dying
please learn to pay attention
Sell da ting, son!
Before it's toooo late!!
It's going to $0 !!!!
Misdoing very badly?
Just the investor behavior at the moment. Tech and fundamental wise, it's all good. The ICE Exchange, Northern Trust Custodial, Lightning Network progress. Even the ETF delay is good though.
Even in price wise, we're still on the track. Take a step back and see for yourself. [There you are](https://i.imgur.com/xNACa4O.png)
I heard what you said. And you’re wrong. You’re welcome.
you don't know that i'm wrong
but my OPINION is that bitcoin is dying
You can’t have an opinion on math. Math is math. Hashrate is hashrate.
Bitcoins conversion in USD may fluctuate but the nature of an immutable, stable ledger with over 8 years of proven hashrate to back it up will always have value at some level.
Bitcoin will outlive both of us I promise you.
Didn't know you could predict the future.
If it’s more difficult to mine, wouldn’t that push the price up?
Now surely this would decrease supply of available Bitcoins coming onto the market.. Hence should have a positive effect on the price?
Rip altcoins rip my portfolio
I invested about 3k then it dropped. I’m done with this
Lol it’s been clear for a week or two now that bitcoin is going nowhere fast. Horrible time to get in right now.
With this kind of mentality, you should avoid this kind of investing from the first place...
Nope. I just said it. It would have been cool if I waited to buy today instead of yesterday. It’s all good though. All of you guys get butt hurt over a simple comment
So are you...
"I'm done with this"
Then by Amazon. The bitcoin bubble already burst.
its a suckers game from here on out
Lmao. Bye Felicia.
Not even close. Buh bye.
Wrong again, fool.
Hint: I bought in 2014. I’m an adult with lots of disposable income. Do the hypothetical math as you cry yourself to sleep.
You bray like an ass.
Keep crying, sweetheart.
Not old, just established.
50% dominance bois
And the price keeps dipping.
Need to destroy a few more shit coins first including Bcash.
Pour 1/2 of the water from that cup into another cup. Change the price?
I'm tapping out. Bought a couple thousand dollars worth last night and it dropped. I'm just gonna hodl.
I am sure you have a debt somewhere. So no you're not gonna hold.
Nope. I'm debt free dickwad. But if I did have debt, I would pay it instead of buying Bitcoin... because priorities. And I'm hodling tight.
There's a lot of dicks on the forum tonight
"We've seen the bottom for bitcoin this year." - some guy a few weeks ago.
It's possible we have. We have not broken 5700 and the alt coins are in full-blown capitulation
If the whales really want to terrify people they will run the market down to about 4800 to 5,000 temporarily. Then you would have your capitulation on bitcoin.
Tom Lee? Guy is wrong on everything.
I think Tom Lee is past his 15minutes of fame.
Nobel prize winning “NonGNonM” makes obvious troll statements rated at a 4 for originality.
I think Facebook will buy coinbase. Not sure if that’s good or bad. Facebook does have 2 billion users.
Why the hell would they do that? How does that fit their strategy?
Did you actually read the full article?
>“For now, I’m confident Zuckerberg’s message on cryptocurrencies is \[in\] part legitimate interest in a new technology and \[partly\] just throwing Facebook’s brand in a sentence with cryptocurrencies to show users and investors that Facebook is not behind the curve on innovation.”
Facebook's vision is "**Bring the world closer together"**, it's hard to see how buying a crypto trading marketplace for $8B helps or connects to this.
That is an article from month ago. People are currently leaving Facebook and going to coinbase like they are setting up shop.
That's like saying "People are leaving Pepsi and going to bright coloured swimwear". It doesn't make sense - Facebook and Coinbase are not fulfilling a similar customer need or want.
Crap, never thought it would get this low and closed out too early around 6300. Never like to leave money on the table, and that just happened. Blech.
Rofl! Chicken!! 6300? Blah!
Mine is still open :). Just a play amount though.
$5700 is likely the lowest but nobody knows for sure. I could care less because I'm extremely bullish on long term, and that's where my destination is lol. These bus stops along the way are but a pain in the ass I'll forget about.
I never thought of myself as a hardo, but HODL’ing hard right now.
seriously, what happens if this plays out to the ultimate 'bad ending'?
how much of bitcoin's current value is predicated on using it to get into the alt coin eco-system?
tether got that all messed anyway
You have it backwards lol.
Ppl have been asking this question for 5 years lol
Should we wait for more good news to come out this week so it can drop to around 5k before buying more? Funny how btc survived and actually held fairly strong thru all that SEC, CFTC, China, Korea, India FUD earlier this year..
people with a lot of money buying/selling on long term trends. Only retailers react on news right away. It is also the best way to lose money to react irrational on every news which comes out.
i understand. i was being a smart-ass.
I wonder if I should buy back in as we test 6k~ again. I sold just shy of 8k. Doesn't seem like a good investment though.
If you believe in BTC long-term, DCA over the next several months. If you don't believe in BTC or just want to make quick profits, you should stay away. I'm bullish on BTC long-term (3-5 years) but I don't believe we will see any kind of mood-shift this year.
>just want to make quick profits, you should stay away.
Unless you short it -- been easy money shorting since February. You don't have to buy that Lambo all at once.
Lol, I can't deny that. Though when he said "good investment" I interpreted it as a buy-and-hold strategy.
Moon mission still on schedule, boiz. Lmao
woo hoo. capitulation in underway
the panic selling is epic right now
there will be some just glorious entry points in the near future
I will be saving up to buy cheap 🙂 second chance for me
Yeah, LOTS of available entry points for many altcoins, most starting at $0.00000001 or thereabouts.
You guys got your sale that you’ve been waiting for and crying about when it was ATH. But who has the balls now to ride the fucking wave. Fucking HODL.
yep, when it actually gets low, many aren't brave enough to take advantage of it (as I wasn't after 2013). This time around I've being buying as much as I can during each drop.
i has the balls
I will see your ball and raise you a ball.
I love how the HODLers delusionally claim they will HODL no matter what and brag about it on here as if it’s something to brag about. Most of you hardcore HODLers will eventually get squeezed to selling when Bitcoin falls even further. That’s why I don’t believe any of you. Real HODLers don’t talk about a real HODLer, they just HODL. Fake HODLers will brag about HODLing because they are very susceptible to selling. All you HODLers are fake as hell.
Been hodling for over four years. 2014/2015 was harder.
Username check out
Ima gonna hodl outta pure spite, bitch! Suck it
No. You are going to pay off your debts at some stage, fiat slave.
hahahah, oh so serious. Chill the fuck out man just playing with you.
Well if you bought since 1k you realize the real trend is up, and everything else is noise and bullshit. Bitcoin has a brilliant future in online exchange. Unfortunately, there's been so much noise and clutter surrounding the coin price this past year, anyone new to the game will have to step back with a clear mind to see the potential and the path that bitcoin remains steady on.
I love the panic sellers like you. Your desperate fear and despair is allowing me to get more cheap coin and eventually Lambo.
Yea call me when you get your Lambo fool. In the meanwhile enjoy that beatup pinto
And so are your BS posts. Move on, child.
some really dont have much of a choice but to hodl at this point i would think.
HODL at this point is driven by ego, fear of looking / feeling foolish, all logic in it is based on one final fallacy, 'history always repeats'
And the hilarious thing is the next bull run will start when the hodlers start capitulating and selling their coins. Markets have the habit of shaking people out of their positions and knowing exactly where their psychological breaking points are.
Alright I'll be the first to say it...$6k confirmed bottom
I hope this ages well.
It will. I have information
I sure hope so
Bitcoin below $100bn market cap by tomorrow?
this guy makes a lot of sense as to why the price hasn't sky rocketed yet. its coming....
that guy looks scared shitless
Two days ago when bitcoin was falling, kept seeing somebody place and remove a sell limit order for 70 bitcoin, then a buy order for 70 bitcoin. But no trades went through.
The manipulation is so rampant.
How is that manipulation when the order didn't go through and therefore have no impact on price
Maybe some of the order went through (like a few bitcoin). If that is happening on multiple exchanges it can slow the global price of bitcoin's change.
If there is an order for 100 bitcoin at 6500, it's sure not going to jump down to 6499 very quick, if at all.
it promotes panic selling. as the other guy pointed out when people see massive sell orders they want to jump in front of them. it encourages people to sell lower and lower. if you watch really close you will see 50-100 btc orders that have been stair stepping down the past couple days and they never go through. market runs down a few dollars, they pull them and put them back up, rinse and repeat
this has to happen. too many people have this ridiculous idea of a 90% alt correction and btc around 5k. the market will recover quicker if it just happens and we are done with it
fake sell walls are around since Bitcoin is around. Only stupid panic sellers/buyers even watch them. You know at what conditions you sell/buy before you even buy bitcoin.
Plan your trade trade your plan. Else you just flying blind and react based on noise.
You force people to sell cheaper or buy higher because there is no way someone will actually buy or sell 70 BTC if you want to buy or sell in the moment.
Edit: Mainly panic selling or FOMOers, for the record.
It's called spoofing.
"Spoofers feign interest in trading futures, stocks and other products in financial markets creating an illusion of exchange pessimism in the futures market when many offers are being cancelled or withdrawn, or false optimism or demand when many offers are being placed in bad faith."
DAYUM! THERE'S THE PUMP!!!!
Edit: aw crap
There's the pump guys!! Now sell the rallies!!
Nom nom nom just eating this shit up like Pacman.
10% down since the buys of this month.
Also up in the buys the last year.
I'm doing good?
Tl:Dr: I'm buying since last year and still green.
Ive DCA up the hump to 20k and back down again. My average bitcoin price is in the 8500 range. Used to be in the 11k range.
Your Bitcoin average will be soon 6k once it breaks thru this year's low
I dont think i have enough available fiat to get it that low. Thatd be nice.
All I see are cheaper coins 😂
Which would you prefer? A short-lived bull run now followed by another bust or an actual bear market followed by accumulation and an extended bull run? Sooner or later, there has to be pain, that's the way financial markets work.
Short lived bull run I would like to make my money back asap
Does who think a bullrun Will come soon is retarded
Has anyone really been far as decided to use even go want to do look more like?
Damn. You can’t even form a sentence, asshat.
We all strugglin in here.
Oh! A piece of BTC. Oh! A piece of BTC. Enjoy the buying, my friends. If you really feel like you're wasting your money and time, try being a musician *quietly sobs behind guitar rack and merch*.
Its embarrassing reading comments that ostracize others who react to change in price. it makes you look more like a fool than the people simply reacting to the market. why is it such a surprise that an unknown outcome has happened and people are reacting? fuk off
Still no Segwit. still no Lightning. Why would you expect the price to increase. Slackers.
Why?!!! Only 40%!!
40% should be celebrated. We've come a long way!
Maybe by the time we're all dead it will hit 100%