Thread: RIP Bitcoin

XVG is still a joke - it is not a privacy coin - so who is going to pay for porn with a publically trackable doge fork

I think BTC has still yet to shake out and will go again to at least 6 k

The Bitcoin price is seen up with small gains of 0.5% on Tuesday, despite being in the green, it is underperforming in comparison to some of the other major cryptocurrencies. There has been some life propped back into the altcoins, after a very soft start to the week, as seen on Monday.

BTC/USD was stopped again by a long-running ascending trend line, that had been running from September 2017. This is proving to be some serious barrier for Bitcoin, not allowing it through to trade back above and break out of the long-term bearish trend.

The resistance is tough at $8,400, where the trend line tracks. A bearish pennant pattern can also be seen forming, with current price action. This break would confirm the downside trend is still very much active for BTC/USD. Support to the downside is currently seen just below the $7,000 mark at $6,900, then further would be back towards $6,000 level.

yesterday had a sudden drop

Who the fuck pays for porn, period??

Originally Posted by AntRobertson

Who the fuck pays for porn, period??

People with 'niche' tastes like baldrick?

Those King Penguins probably aren't cheap to film in their natural habitat.

Originally Posted by cyrille

People with 'niche' tastes like baldrick?

...turnips??

IMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies.

https://news.bitcoin.com/imf-chief-l...owards-crypto/

^

But, but, but... It's all about bringing down the gubmints & the evil banks.

^Get the right demographic supporters and it becomes hip, or some such currently correct buzz word.

if you see the revelations from the current commission into banking practices in australia right now you will know what needs regulation

I hope some of these executives are jailed to send a strong message to the rest of the MBAs

moved back in the green zone over night. first time since i got back in, nice to see,...
how u doin lu.?

Not too sure, will total it up in the next few days. Would imagine around -30% or so.

it certainly feels like it for some of our members here, in particular lulu

Cryptocurrencies: It’s just Candy Crush

by Richard Berstein of Richard Bernstein Advisors, Apr 18
If the only difference between playing for digital coins in mobile games and mining for cryptocurrencies is the ability to openly trade the coins for goods and services, one should wonder if the crypto frenzy is worth the hype and speculation. We think not.

https://www.advisorperspectives.com/...t-candy-crush?

Now you tell me.

just a hunch, but at some point this is going to run up again. maybe not to 20,000 like before, but higher than where it's at today. my advice for those still holding would be to keep your eyes open for an opportunity to get out. you might miss out on some of the upside, but whoever/whatever drove it down a couple of months ago will be standing by to drive it down again.

Originally Posted by raycarey

just a hunch, but at some point this is going to run up again. maybe not to 20,000 like before, but higher than where it's at today. my advice for those still holding would be to keep your eyes open for an opportunity to get out. you might miss out on some of the upside, but whoever/whatever drove it down a couple of months ago will be standing by to drive it down again.

I think it's dead, as soon as the velocity increases for whatever reasons (higher interest rates), it will crash flat like fucking pancakes

baldrick and friends will be crying in their A7 mobos

Can't see it dead, too much at stake for the big money and opportunists. More likely they will generate continuous uncertainty to keep the markets volatile and pick off a couple billion here and there.

Aesop covered this long ago.

Aesop coin.....hodling.

Originally Posted by Luigi

Not too sure, will total it up in the next few days. Would imagine around -30% or so.

Nope, still -40%.



Though which is better than the -50% it's been for the last few months.

Dreaming of -50%!

Originally Posted by jabir

Dreaming of -50%!

you can't handle -50%, let alone -80%

I was there too, dealt with it, but for some reason it seems to cause you a problem?

Never mind, you'll get over it, I did.

September edition leading up to the pump and dump.
What do you mean I shouldn't buy my wallet from a third party supplier.

I meant virtual wallet, what your handbag buys hopefully makes her look classy anyway. I hope, as does she.