Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1118665 times)

JAGO

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2125 on: February 05, 2018, 02:50:37 PM »
Seems like more fear is setting in everyday, but still seems like a fairly controlled sell-off to me.  At some point you should see a waterfall of selling and a HUGE price drop.

There should be a few $1000-$2000 dead-cat bounces along the way down.  If anyone here owns any blips, you can sell into those.

My conscious is clear.  I told everyone here it was a Ponzi bubble mania from the beginning.  Many were caught up in gib's bullshit and the idea of quick riches.  I have no sympathy for you.



 

Who the fuck asked you?

J

anabolicguru

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2126 on: February 05, 2018, 02:56:20 PM »
bitcoin is only good for one thing and that is buying steroids on the dark web
I

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2127 on: February 05, 2018, 03:12:57 PM »
Who the fuck asked you?

J

Such hate for a man who knows and tells the truth.  Sad.

Don't feel bad, you are just one of the many dopey devotees who got drunk on the crypto Kool-Aid.   "But I read it on the internets, so it MUST be true!"  lol  

Admitting you were wrong is the beginning of self enlightenment and healing.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2128 on: February 05, 2018, 03:18:20 PM »
Many are still oblivious to the other "side of a coin": how many people are actually using cryptos (esp BTC) for their daily bussiness. Being one of these I can pretty much guarantee - btc won't go anywhere (in exception that some other, very much advanced crypto takes it's place, but that's not very likely in a near future at least) and after this DIP (yes, it is a dip, not a crash. Happened many, many times already) it will rise again. Once again: you have no ideal how MANY people use it and in what ways (I've made some serious money and keep making it, not related to tradint cryptos at all). No givernment, no legislations/restrictions will stop that, it has became a new tool in transfering wealth and it is not replacable by any other unit of wealth known to us. Wait and see. And these who lost lot of money - oh well... they should've been more patient, or if they still HODL, I'd suggest to keep on doing it, for like a year, it won't be worse than it is now, and may very well turn out a lot better.
 Some of your emotional reactions baffle me. At least put some time to study the subject before making conclusions. Million dollars? What, you epected for it to reach that price in a year? Not gonna happen.. But if USAGE (not speculation) will keep making it's way as I see now, million may be real some day.

lol 

People like you will NEVER learn.  It's bizarre.

You'll HODL until it reaches ZERO.



Zero2Hero

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2129 on: February 05, 2018, 03:24:42 PM »
lol  

People like you will NEVER learn.  It's bizarre.



You don't get it, do you? I DO NOT care about HODL'ing or trading/speculating, I use it in a way it was created to use - to transfer value/money. You have not a slighest idea of how it is being used and I won't go into the details, but it is, by many, many people, that reason alone prevent it from going to zero, as the demand IS there, you get this? The demand exists, aside the "free money" crowd. One event where only option to save your wealth would be cryptos in some third world country could shoot the price up overnight again. It is about demand - supply and you focus solely on the speculation part of it. If you'd get your head out of the emotional turmoil, you may actually figure out some way to use this wealth unit for your own profit that is completely not related to trading it, but using as a tool that it was meant to be and then you would stop taling about "government bans", that are pretty much nonsense, once you get the grip of actually using it and how it works.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2130 on: February 05, 2018, 03:25:11 PM »

JAGO

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2131 on: February 05, 2018, 03:27:43 PM »
Such hate for a man who knows and tells the truth.  Sad.

Don't feel bad, you are just one of the many dopey devotees who got drunk on the crypto Kool-Aid.   "But I read it on the internets, so it MUST be true!"  lol  

Admitting you were wrong is the beginning of self enlightenment and healing.

You don't know shit . . . Just a I Told You So'er who took a counter position and appears correct in the short term.

Blow me.

J

polychronopolous

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2132 on: February 05, 2018, 03:38:55 PM »
Bitcoin Cash in particular is getting WRECKED right now.

25% down for the day. 46% for the week.

Tron barely clinging to 3 cents a coin. (.03)

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2133 on: February 05, 2018, 03:57:17 PM »
You don't get it, do you? I DO NOT care about HODL'ing or trading/speculating, I use it in a way it was created to use - to transfer value/money. You have not a slighest idea of how it is being used and I won't go into the details, but it is, by many, many people, that reason alone prevent it from going to zero, as the demand IS there, you get this? The demand exists, aside the "free money" crowd. One event where only option to save your wealth would be cryptos in some third world country could shoot the price up overnight again. It is about demand - supply and you focus solely on the speculation part of it. If you'd get your head out of the emotional turmoil, you may actually figure out some way to use this wealth unit for your own profit that is completely not related to trading it, but using as a tool that it was meant to be.

Why should something like this be superior or have value?   We already have debit cards, credit cards, bank wire transfers, Western union, etc. to transfer money.  Crypto exchanges are charging fees to transact!... how is that any different from those things I've just mentioned?  "Free money" huh?  LOL!

And blipcoins are NOT anonymous... please stop telling this fairy tale.

I have no emotional turmoil.  I simply oppose dishonest people who try to scam other people.  

I've studied manias and asset bubbles.  Fundamentally, blips are no different than any asset bubble mania is history.  Those who got in at the bottom make all the money... those who get it at the top get steamrolled.   I'll say it again:  It is NEVER "different this time".

Cryptos have become a religion.  Anyone who raises questions and/or exposes it for what it is is attacked, belittled, told they "don't understand it", "it's a new revolution", "a new paradigm", so on and so on.   When this type of mentality predominates and people start speaking in absolutes; the bubble peaks, the mania is over, then the bubble bursts soon after that.  

You CANNOT create something from nothing and say it has value.  The value is ZERO and always has been.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2134 on: February 05, 2018, 04:07:45 PM »
Bitcoin Cash in particular is getting WRECKED right now.

25% down for the day. 46% for the week.

Tron barely clinging to 3 cents a coin. (.03)

The last 2 days look like a get out of dodge by the masses.

the chart Mr A posted of bubbles shows the downtrend has a long way to fall yet but will overshoot on the low end. 

Eth is back at it's last rally point. The rallies before were 470 then 320 so those would be the markers to watch. Eth could undershoot sub 300.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2135 on: February 05, 2018, 04:09:29 PM »
You don't know shit . . . Just a I Told You So'er who took a counter position and appears correct in the short term.

Blow me.

J


My counter-position to cryptos was posted at the very beginning - lol

It's over.  They'll be a few dead-cat bounces along the way down, but blipcoin mania is OVER.

Ron

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2136 on: February 05, 2018, 04:20:38 PM »

Bitcoins drop below $7 -  what a rise and fall of these currencies.

Some people who bought above this price have just lost a lot of money



polychronopolous

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2137 on: February 05, 2018, 04:28:16 PM »
The last 2 days look like a get out of dodge by the masses.

the chart Mr A posted of bubbles shows the downtrend has a long way to fall yet but will overshoot on the low end.  

Eth is back at it's last rally point. The rallies before were 470 then 320 so those would be the markers to watch. Eth could undershoot sub 300.

You hear different theories.

"Weak hands from gen z/millennials who do not have the slightest concept of what the hell they got themselves into and flee at the tiniest bit of turbulence"

"People who bought on debt and are simply forced to sell out quickly when the bill collector begins to call"

Causing problems in marriages.

Heard a story recently about a guy who bought bitcoin at 19k with his credit card.

I'm still holding onto my Ethereum though.

Recent article about FedEx looking to implement the blockchain technology and I believe Ethereum could be one of the very first platforms other companies could turn to in the future.

Zillotch

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2138 on: February 05, 2018, 04:39:57 PM »
implement the blockchain technology

the world will, and that is why fortunes r to be gained... follow the tech.

Twaddle

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2139 on: February 05, 2018, 06:10:55 PM »
And here we gooooo! 

7500

7400

7300

7200

7100

7000

6900

6800

6700

6600

6500

 :o

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2140 on: February 05, 2018, 06:30:21 PM »
6800
6700
6600
6500
 :o


Interesting, because it's all coming down at the same time.  DOW futures down -500 points as I type this.  

A stock market correction was due, but it usually doesn't happen this quickly.  The sudden increase in volatility tells me something very serious is going on.

Before the market closed today, I moved 90% of my 401k and IRA monies into a cash stable fund.  The other 10% is high dividend paying utility companies.

This week might be the start of the next big bear market in stocks.  We are definitely due for one.  Take appropriate precautions to protect yourself.  

Fun times.  Now... watch gold and silver.   ;)

SOMEPARTS

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2141 on: February 05, 2018, 09:07:24 PM »
You don't get it, do you? I DO NOT care about HODL'ing or trading/speculating, I use it in a way it was created to use - to transfer value/money. You have not a slighest idea of how it is being used and I won't go into the details, but it is, by many, many people, that reason alone prevent it from going to zero, as the demand IS there, you get this? The demand exists, aside the "free money" crowd. One event where only option to save your wealth would be cryptos in some third world country could shoot the price up overnight again. It is about demand - supply and you focus solely on the speculation part of it. If you'd get your head out of the emotional turmoil, you may actually figure out some way to use this wealth unit for your own profit that is completely not related to trading it, but using as a tool that it was meant to be and then you would stop taling about "government bans", that are pretty much nonsense, once you get the grip of actually using it and how it works.


The Gibbick is back.

SOMEPARTS

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2142 on: February 05, 2018, 09:09:03 PM »



TIIIIIMBEEERRR!

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2143 on: February 05, 2018, 10:23:38 PM »
You hear different theories.

The closer the prediction the harder it is to make. Hard to know when to bail.

Eth will be the winner over time. The banks are on it. Always bet with them.

The bloodbath has continued outside the US timezone. 2.5k........

JAGO

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2144 on: February 05, 2018, 11:47:08 PM »
.

Zero2Hero

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2145 on: February 06, 2018, 01:21:24 AM »
Why should something like this be superior or have value?   We already have debit cards, credit cards, bank wire transfers, Western union, etc. to transfer money.  Crypto exchanges are charging fees to transact!... how is that any different from those things I've just mentioned?  "Free money" huh?  LOL!

This statement alone shows that you have no clue (I've given an example of all that in my earlier posts already). I've been dealing with international bank wire transfers, WU and every other imaginable way to transfer money overseas and I can tell for sure - cryptos are FAR superior to all of them in certain aspects. If you don't know what are you talking about - pls don't.
 Oh, and try moving 100k in your pocket across the border unnoticed (oh yes, you are on of these "do gooders" who think that everything should be "legal and by the rules" right? Let me guess, you've never been even close to being rich in that case)

Quote
And blipcoins are NOT anonymous... please stop telling this fairy tale.

How come I've been able to stay anonymous while using it for like three years? Luck? No. They ARE anonymous if you are willing to po at least some effort. If you don't want to put in effort you can simply use monero. Yes, you don't want to hear this,as it doesn't conform with your current view.

Quote
I've studied manias and asset bubbles.  Fundamentally, blips are no different than any asset bubble mania is history.  Those who got in at the bottom make all the money... those who get it at the top get steamrolled.   I'll say it again:  It is NEVER "different this time".

Except that crypto is actually usable and is being used/there is demand for it. If I could, I would fixate the price at 1k/1BTC for ever, would make my life easier.

Quote

Cryptos have become a religion.  Anyone who raises questions and/or exposes it for what it is is attacked, belittled, told they "don't understand it", "it's a new revolution", "a new paradigm", so on and so on.   When this type of mentality predominates and people start speaking in absolutes; the bubble peaks, the mania is over, then the bubble bursts soon after that.  

It is, you will have to accept it in a comming few years. You will be using it, mark my words, BTC or not, maybe some other crypto, but you will be using it.

Quote
You CANNOT create something from nothing and say it has value.  The value is ZERO and always has been.

As long as people agree on something being valuable - it HAS value, whether you like it or not. Say diamonds - what is the inherent value of them? Just a bling, but it has an "agreed" value, simple as that. any other examples. And nothing is created from "nothing", you should know at least basic physics.

Zero2Hero

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2146 on: February 06, 2018, 01:23:06 AM »

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2147 on: February 06, 2018, 01:34:15 AM »
This statement alone shows that you have no clue (I've given an example of all that in my earlier posts already). I've been dealing with international bank wire transfers, WU and every other imaginable way to transfer money overseas and I can tell for sure - cryptos are FAR superior to all of them in certain aspects. If you don't know what are you talking about - pls don't.
 Oh, and try moving 100k in your pocket across the border unnoticed (oh yes, you are on of these "do gooders" who think that everything should be "legal and by the rules" right? Let me guess, you've never been even close to being rich in that case)

How come I've been able to stay anonymous while using it for like three years? Luck? No. They ARE anonymous if you are willing to po at least some effort. If you don't want to put in effort you can simply use monero. Yes, you don't want to hear this,as it doesn't conform with your current view.

Except that crypto is actually usable and is being used/there is demand for it. If I could, I would fixate the price at 1k/1BTC for ever, would make my life easier.

It is, you will have to accept it in a comming few years. You will be using it, mark my words, BTC or not, maybe some other crypto, but you will be using it.

As long as people agree on something being valuable - it HAS value, whether you like it or not. Say diamonds - what is the inherent value of them? Just a bling, but it has an "agreed" value, simple as that. any other examples. And nothing is created from "nothing", you should know at least basic physics.

He is exactly right!

gib

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2148 on: February 06, 2018, 01:36:18 AM »
And on the last point, the irony is that Mr A reccomends gold. (Oh but gold is different because it feels real heavy and “has a history of over 5000 years”.

Zero2Hero

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #2149 on: February 06, 2018, 01:37:45 AM »
BTW - massive cash out (DJIA index fell down by 4.6%, which is a biggest drop in the last ten years) is also happening in wallstreet/stock market currently. Seems like everything is related.