BTC low $7,272 so far this morning, flirting with its < $7K lows for this year. https://www.coindesk.com/price/
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BTC low $7,272 so far this morning, flirting with its < $7K lows for this year. https://www.coindesk.com/price/
Crypto NEWS is BETTER now than ever.
We went from Bitcoin is a scam, Jamie Dimon (a few months ago) to him HIRING a guy to HEAD UP his CRYPTO department thhis week.
The average market cap this time last year was around 15 billion, now, even though it's down significantly, is still over 300 billion and usually around 400 billion
Nothing but GOOD news for Cryptos
Neuro said it were testing 10k on May 5th, then Pat Colo said testing lows of 7k on May 24th.
How can anyone take Bitcoin seriously?
When you stick a quarter in a slot machine, are you taking it seriously that you're going to win the jackpot? No, it's a gamble plain and simple. If you're lucky, you might make some money, but if you're not, you lose.Quote:
Originally Posted by Horn
Its not gambling, if its not serious. All that's wrong with the world, not serious, no risk, no reward.Quote:
Originally Posted by madfranks
Let's stripmine an Ancient Indian burial site for tea, then Short silver and oil..
Then take it seriously as a gamble. It's not a serious money (yet) for this exact reason.
In this story, am I jesus immediately before the crucifixion or just a confused apostle?Quote:
Originally Posted by madfranks
http://i.imgur.com/p0vbVcg.jpg
Franks goes to vegas
And so far I'm winning. (☞ ͡° ͜ʖ ͡°)☞Quote:
Originally Posted by Horn
they called him fast finga franky, his dime slot form was flawless.
Here is quote from January 2018 interview by E. Michael Jones...
https://www.youtube.com/watch?v=t_Z3_WyPIe4 interview was in January of 2018
21:31 to 24:29
“Cryptocurrency is a contradiction in terms.
Currency means this can be used for all debts, public and private.
Okay, this piece of paper, whatever it is, this can be used, while
Cryptocurrency, if its not public, in other words, if its not a coin in some sense, which means a coin is a piece of metal which has the emperor or the kind or the sovereign stamped on it, the image of the sovereign, which means that the state backs up this currency.
Well, obviously crypto currencies are not backed by the state so therefore they are not currencies.
So, what is it? What is BitCoin?
BitCoin is, well, its like a tulip bulb, actually.
Its like gold.
It’s obvious it’s something that has value because people buy it. And the more people that buy it, the more its value increases.
And if people really get behind it, what you’re seeing is what I think we saw, at least in the last couple of weeks, a bubble.
I think we had the BitCoin bubble. And now, what you see now, you saw in it a few weeks ago. There was an article about the Winklevost twins becoming BitCoin billionaires.
This is known as the “suckers market”.
When you see article like this, usually they’re on the cover of NewsWeek, like these ten people became millionaires by selling real estate. What they’re really saying is ‘the big players want to get out of the real estate market, and at this point, the big players want to get out of the BitCoin market but they can’t get out unless somebody buys their BitCoin. So here’s a way for you to buy their BitCoin so they’re not going to have to dump a billion dollars’ worth of merchandise on the market and crash the price.
So I think BitCoin is – it’s like gold.
It’s not a currency.
It is not money.
It cannot be used as money but it can be a store of value as long as people keep bidding up the price.
As soon as that stops, you’re left with nothing.
You’re left with a tulip bulb.
That was the first bubble – the Tulip Mania – in Holland. "
People are still comparing bitcoin to tulip bulbs? That point has been discussed and debunked like thousands of times already.
So point me to a debunking of that on this forum, please. Seems like a valid point to me.
It works just like other volatile equities markets and one can lose whatever money invested.
You can eat tulip bulbs, but you cant divide them in Satoshis and keep their value...
Noticed yest BTC had dumped < $7K over the weekend.
Then today (Tue) a stab down to $6530, breaking former support there in Feb & again in Apr.
I don't follow BTC news; & never pulled the trigger on buying. What are the junkees attributing this drop to?! https://www.coindesk.com/price/
The consensus is price manipulation, (like all markets) since cryptos are NOT going away.Quote:
Originally Posted by PatColo
Bring it WAY down and then buy it up
^ AFAIK there's not really a physical futures market for BTC, where big leverage can be used, & buy/sell limit orders, shorting etc; so this is just straight waves of fully funded buying/selling?
I've heard of these "Crypto mining" blackbox computers; know almost nothing about them.
made another stab downward overnight; bounced off $6384 low, still searching for a new bottom.Quote:
Originally Posted by PatColo
BTC $7,758 atm; pulled out of its sub-7K funk, with sub-6K dips, of the past ~6 weeks. https://www.coindesk.com/price
ETH $456
The "derivative" for Bitcoin (AKA an ETF) is coming and will most likely be approved this year
There are several already including ETF’s...Quote:
Originally Posted by StreetsOfGold
more big ups since that ^ Mon 7/23 post above,Quote:
Originally Posted by PatColo
btc (high)
$8,479.33
eth (high)
$482.98
$6133 low today https://www.coindesk.com/price/ << click those different time buttons above the chart to see the ride
I think the ultimate low will be between $2-4k, and that it'll take another 12-18 months to get there. But it'll consolidate and prepare for another takeoff, next time up to $50k or so.
Quote:
Originally Posted by madfranks
My Brother is a very successful financial advisor and estate planner, one of his (expensive) go to guys is Porter Stansberry (Jew) and is extremely conservative, just recently, as in last week he is NOW pro crypto and is giving it a BUY signal. Take that for what's it's worth.
... here we go AGAIN
=============
Bitcoin Price Manipulated by Cryptocurrency Trading Bots: WSJ
..... Stefan Qin, the managing partner at cryptocurrency hedge fund Virgil Capital, uses its own bots to battle “enemy” bots on dozens of cryptocurrency exchanges worldwide. His company has built error handing functions to identify activities that are potentially illegal, referencing the crypto sector as the “Wild West of Crypto.”......... Manipulation’ Has Defenders... Some bitcoin supporters who oppose to cryptocurrency regulation don’t consider market manipulation as wrong and openly support it....... He told the WSJ that he thinks it is pointless to outlaw manipulating digital currencies. He said it would be better to provide sophisticated manipulation tools to small traders as a way to level the playing field. If everyone manipulates, no one manipulates, he said... FULL ARTICLE: https://www-ccn-com.cdn.ampproject.o...ng-bots-wsj%2F
'Market manipulation 101': 'Wolf of Wall Street'-style 'pump and dump' scams plague cryptocurrency markets. Nov. 14, 2017
https://www.businessinsider.com/ico-...7-11?r=UK&IR=T
The meritocrats have comprehended the nature of reality since the dawn of times (and sorry it was not discovered by the bronze age populations but way before them), and that to interfere with people's unpredictable perceptions, money is the best tool ever to herd and control behaviors. From there, it is easy to conceive that money was always meant to enslave a clueless majority.
===============
Bitcoin Price Manipulated by Cryptocurrency Trading Bots: WSJ
..... Stefan Qin, the managing partner at cryptocurrency hedge fund Virgil Capital, uses its own bots to battle “enemy” bots on dozens of cryptocurrency exchanges worldwide. His company has built error handing functions to identify activities that are potentially illegal, referencing the crypto sector as the “Wild West of Crypto.”......... Manipulation’ Has Defenders... Some bitcoin supporters who oppose to cryptocurrency regulation don’t consider market manipulation as wrong and openly support it....... He told the WSJ that he thinks it is pointless to outlaw manipulating digital currencies. He said it would be better to provide sophisticated manipulation tools to small traders as a way to level the playing field. If everyone manipulates, no one manipulates, he said... FULL ARTICLE: https://www-ccn-com.cdn.ampproject.o...ng-bots-wsj%2F
'Market manipulation 101': 'Wolf of Wall Street'-style 'pump and dump' scams plague cryptocurrency markets. Nov. 14, 2017
https://www.businessinsider.com/ico-...17-11?r=UK&IR=
BTC like all cryptocurrencies is a token, an abstract token representing another abstraction, digital currency. It has utility for it's portability. But anyone who thinks it is private wealth is fooling himself. Blockchain guarantees integrity and it also guarantees an audit trail. Cyrptocurrency has zero intrinsic value. Its currency value represents pure speculation. Also, while the number of BTC is limited by an algorithm, there is no limit to how many cryptocurrencies can be created (i.e. BTC-blue BTC-yellow BTC-green etc). IMHO, the cryptocurrency is a psyop designed to provide an unlimited liquidity dry-well and a killing field for harvesting speculators. I don't own cryptocurrency because I don't speculate. And I don't own stocks and bonds because all markets are captive to the manipulations of central bankers, large institutions and computer trading programs. I save my wealth in physical metal because I can hold it in my hand, it is fungible, convertable and it's fundamentals protect my wealth from confiscation through inflation and devaluation and bank bail-ins. I don't begrudge those who make money in cryptocurrency or profit from it's portability. But understand that you are speculating with a virtual token that can vanish in a nanoseconds. I don't need the stress and worry and readily forgo the potential profits [and losses].
the usual scenario now... that is it, they got what ((they)) wanted, fear and perceptions are in charge now... as it usually is the case with any currencies... welcome to reality
That is why we need a world without money, it is impossible to protect one self, unless one is part of the top 1%, because they are the ones deciding of what goes boom and bust
--------------------
Oct 9, 2018
IMF Issues Stark Warning Over Bitcoin And Crypto 'Rapid' Growth
https://www.forbes.com/sites/billyba.../#1b66e53e3544
Perhaps caution and suspicion are advisable when a (((financial advisor))) suddenly recommends cryptocurrency as investment. To wit: there is an enormous kosher fly in the crypto ointment - income taxes. Fast forward to 30:40 in the video wherein Schiff shares a true story involving a crypto investor that it behooves one to hear:Quote:
Originally Posted by StreetsOfGold
https://www.youtube.com/watch?v=GxCDCyo7Lpc
Quote:
Originally Posted by mamboni
Gold salesman Schiff is one of the most outspoken Anti Crytpo voices out there so. Yet, he just can't help but not talk about it.
This (customized) saying comes to mind when I think of Schiff and crypto together
"First he ignored it, then he laughed it, now he ridicules it, then it will win."
This "kid" (his example) might be able to get back into crypto and make all the "owed" taxes back in a month, but he never mentioned that possibility but only focused on how LONG he would have to work a TRADITIONAL "job" to pay it back.
He said Bitcoin is worth less than it was a year ago but it's worth WAY more than 2, 3, 4, etc years ago but in typical Peter Schiff fashion he conveniently forgot to mention this and only keeps you focused on the negatives instead of the myriad of positives.
Any kid going from 5k to a million sounds pretty positive.Quote:
but in typical Peter Schiff fashion he conveniently forgot to mention this and only keeps you focused on the negatives instead of the myriad of positives
Seems to be the one consistent winner is the IRS.Quote:
Originally Posted by Horn
C R A S H :o
$3,782 atm https://www.coindesk.com/price/bitcoin
select 1week, & 1month (above chart). Really started falling out of bed 11/13, 11 days ago.
So far so good, I’m waiting for a bit more dip before I buy back in. The next run up will blow everything before it away!Quote:
Originally Posted by madfranks
Quote:
Originally Posted by PatColo
ditto above ^ but we're blazing a new 2018 low today; 24-hour low atm: $3,214.83
patting self on back for not taking a pilot position, as tempted, up in the $6-7K area where BTC hovered for months. :)
twatter thread by a popular Qanon preacherman; 150+ comments already in 40 minutes:
https://twitter.com/StormIsUponUs/st...87269241487360
"I wish Q would tell us whether to sell or hold our bitcoin."
Quote:
Originally Posted by PatColo
BTC cutting new 2018 lows again today; 24-hour low $3,122.
https://www.coindesk.com/price/bitcoin
another BTC thread from @StormIsUponUs, 62+ comments growing.
https://twitter.com/StormIsUponUs/st...38334014386176
Joe M @StormIsUponUs
I have no idea what $btc will do. Before I knew globalists were being torn down, I thought it was a safe haven. Now with #PatriotsInControl, and the coming gold standard, I'm not sure if its needed, or if it will spike during the transition. NOBODY KNOWS even if they say they do.
12:27 PM - 15 Dec 2018
Sean/SGT Report interviews this crypto dood "DavinciJ"; new to me but apparently he's been jootubing https://www.youtube.com/user/davincij15/videos since ~2010 re BTC; first buys were <$1; multi-millionaire now. Recommended taking some profits last Dec '17, when he claims he grabbed ~half his capital. Now he's hoping to accumulate <$3K.
Re the title, I've long since tired of the "USD collapse! silver to da moon!" predictions. But listening now, & that noise is a small part of the discussion,
45m:
BITCOIN MILLIONAIRE PREDICTS SILVER WILL BE WORTH MORE THAN GOLD!
https://www.youtube.com/watch?v=r8MGirraAUI
^
Are there any guests that SGT or Greg Hunter have interviewed that have been correct about precious metals, specifically silver?
Listen to none of them. I'm tired of hearing about the COMEX default, backwardation, gold/silver ratio, solar panels blah blah blah. Many of us here (including myself) fell for the bullshit story that silver was going to triple digits.
There is a guy that has been more correct than any of the YouTube stars and he is the most hated analyst in the space. Check out his presentation from a few weeks ago. He thinks gold could go to $2000-$2200 in 5-7 years. He mentions silver at only $25-$30 in that time frame. I bet Christian's predictions will be much closer to reality than any of the silver clowns on SGT or USA Watchdog. Would you rather listen to an (((insider))) or douchebags like Morgan, Holter, Martenson, Kirby, and countless others?
https://www.youtube.com/watch?v=E5a8...&index=2&t=22s
ur forgetting the COT report/graph; tea-leaves suggest next move = POW! TO DA MOON!! any second now! :DQuote:
Originally Posted by RatHoler
https://i1.wp.com/dollarcollapse.com...2017.jpg?ssl=1
Spreadsheet that helps you track your net gain for each transaction and your total net gain. It also keeps track of how much you had paid for each bitcoin: https://u.to/HSseFQ