BITCOIN WILL CRASH WITHIN NEXT TWO WEEKS

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Originally Posted by NaturalBornHustler

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Originally Posted by DonaldTrumpsHairPiece

And as predicted by me last night before bed, we are back up nearly 8%!

If anyone here bought when I said BUY and sold when I said theyd have maid no less than 18% over the last 24hrs.

My new prediction now is side ways or spike up after the W started forming.

I will cease my recommendations because no one seems to care.

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I can't even buy bitcoin on one exchange much less have multiple setup to bounce back and forth from this one to that one. That is why no one cares, it is impossible to actually buy or sell without crazy problems for most people.

Coinbase sends me emails every day now saying that "there are problems with your recurring transaction" when they haven't even tried to charge my card one time for said recurring buys. It is a nightmare. I'm officially out of the bitcoin game.

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coinbase is fucking goddamn aids...I have $35 in BTC from a site to site transfer that I cant cashout because it wont verify my fucking address as it says that it's not an actual permanent address which is hard to believe because my ass is planted in this address as we speak...asked support what the hell is going on and it's been almost a week with no answer...

really wanted to buy ETH when it broke below $300 but didn't want them to tie up my money because they're fucking retarded...

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Originally Posted by NaturalBornHustler

Here is a list of all the Bitcoin exchanges with their prices:

https://coinmarketcap.com/currencies/bitcoin/#markets

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What the fuck? I will admit I don't know the first thing about bitcoins but there is really a 400 dollar difference between exchanges? If you sell to the highest paying exchange are you getting paid in Colombian Cartel money or what? Or like you have to wait forever because it comes from a third world shit hole or something? Or like a fear of getting rolled sometimes??? But like if you sell to lowest price exchange the cash is in your bank in an instant? This can't just be supply and demand differences as if it's gasoline or like a commodity, Or can it? I just can picture supply and demand differences being that drastic when you are basically selling a figment... especially in the internet age.

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Originally Posted by GambleBotsChafedPenis

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Originally Posted by NaturalBornHustler

I can't even buy bitcoin on one exchange much less have multiple setup to bounce back and forth from this one to that one. That is why no one cares, it is impossible to actually buy or sell without crazy problems for most people.

Coinbase sends me emails every day now saying that "there are problems with your recurring transaction" when they haven't even tried to charge my card one time for said recurring buys. It is a nightmare. I'm officially out of the bitcoin game.

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coinbase is fucking goddamn aids...I have $35 in BTC from a site to site transfer that I cant cashout because it wont verify my fucking address as it says that it's not an actual permanent address which is hard to believe because my ass is planted in this address as we speak...asked support what the hell is going on and it's been almost a week with no answer...

really wanted to buy ETH when it broke below $300 but didn't want them to tie up my money because they're fucking retarded...

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Natty baby, youre a wreck lol

You just picked the most regulated and secure exchange so stuff is slow, full of red tape and restrictive.

On a side note my call streak is now exceeding 48 hrs... side ways and now up like I called at lunch. C$ probably made $XXXk off my calls and hasn't even sent a basket.

What happens next you say? ...

so is there any place to actually buy/sell/cashout ETH that isn't shit like coinbase and that also isn't a scam?

feel like a little gambbbbbbbbbbbbbool...

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Originally Posted by BeerAndPoker

Most weekends bitcoin crashes and booms during the week so we will see what happens.

Some guy I know who is really into crypto keeps telling me that Walton Coin will be the next thing.

WTF is it?

The guy says he got in big at 50 cents a coin and some more around 1.50. I saw it hit $3 at one point looking at a graph but I don't know wtf this shit is or if it's worth looking at.

The guy claims it will probably hit $10+ by the end of the year but I'm very skeptical cuz I haven't researched this shit.

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This thing's fallen from grace anyway

There has to be a correction at some point, and a pretty big correction.

While the price is going up, no one cares about the huge bid-offer spreads, shady exchanges and technology snafus.

As soon as there's a hint of panic the whole thing will be donkdown. Officially.

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Originally Posted by Belly Buster

There has to be a correction at some point, and a pretty big correction.

While the price is going up, no one cares about the huge bid-offer spreads, shady exchanges and technology snafus.

As soon as there's a hint of panic the whole thing will be donkdown. Officially.

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Hasn't even really been going up, just moving little up or down off about $4600 daily. Couple spikes here and there but nothing to write home about.

$4614 when thread was started. $4657 right now.

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Originally Posted by NaturalBornHustler

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Originally Posted by Belly Buster

There has to be a correction at some point, and a pretty big correction.

While the price is going up, no one cares about the huge bid-offer spreads, shady exchanges and technology snafus.

As soon as there's a hint of panic the whole thing will be donkdown. Officially.

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Hasn't even really been going up, just moving little up or down off about $4600 daily. Couple spikes here and there but nothing to write home about.

$4614 when thread was started. $4657 right now.

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What has changed is that it made a new high. This high needs to be tested. If it fails & how it fails will entertain us in the coming days

Unfortunately it may base here (which is dull) and give more cause to a new leg up.

We will see

TSLA - Jaguar Range Rover is committed to ditching the internal combustion engine by 2020. Of course this is the industry trend and it renders Tesla just a trail blazer and crappy also ran.

So TSLA is the wrong price too.

Well it appears as if I have just purchased my first piece of bitcoin. My transaction finally went through on coinbase. Bought at $4628.

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Originally Posted by NaturalBornHustler

Well it appears as if I have just purchased my first piece of bitcoin. My transaction finally went through on coinbase. Bought at $4628.

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You are already stuck 1%.

China just made all exchanges illegal. You heard it in English here first folks. Only out in Chinese right now as of a little bit ago. Price already nose diving. GG wp cmoney.

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Originally Posted by anonamoose

China just made all exchanges illegal. You heard it in English here first folks. Only out in Chinese right now as of a little bit ago. Price already nose diving. GG wp cmoney.

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So to confirm this is different from them banning ICOs? There isn't just something lost in translation?

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Originally Posted by simpdog

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Originally Posted by anonamoose

China just made all exchanges illegal. You heard it in English here first folks. Only out in Chinese right now as of a little bit ago. Price already nose diving. GG wp cmoney.

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So to confirm this is different from them banning ICOs? There isn't just something lost in translation?

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One journalist posted in English that they reached out to the exchanges and the PR people said they have not been officially notified by the Chinese government yet. Yes, this is exchange based and not ICO based.

https://twitter.com/luluyilun/status/906159830993219584

https://twitter.com/luluyilun/status/906163511658557440

Fake news folk, ya dump your coins fast lol not enough blood to buy again.

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Originally Posted by DonaldTrumpsHairPiece

Fake news folk, ya dump your coins fast lol not enough blood to buy again.

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Actually, people are speculating that the exchanges are in damage control now.

This is the same news company breaking this story apparently faced a lot of "fake news" criticism just last week when they wrote a "fake news" story about Chinese and ICO's and all the other news outlets were like "wtf are they talking about?"

Oh wait...

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Originally Posted by anonamoose

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Originally Posted by DonaldTrumpsHairPiece

Fake news folk, ya dump your coins fast lol not enough blood to buy again.

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Actually, people are speculating that the exchanges are in damage control now.

This is the same news company breaking this story apparently faced a lot of "fake news" criticism just last week when they wrote a "fake news" story about Chinese and ICO's and all the other news outlets were like "wtf are they talking about?"

Oh wait...

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Ok let me clarify my fake news comment more....

It is a well known open secret that ViaBTC and Bitmain are in bed with the Chinese government, why would the Chinese ban something they profit from?

To profit more! Here is how, yes news could be real, yes China may ban or restrict (demand tax) from other BTC exchanges but ultimately allow it via their control. A centralizing of the network by the government for purpose of taxes.

Perhaps through ViaBTC/Bitmain , just a thought but a possible one so yes news can be real and "fake" at the same time. They are not stupid, they make more allowing BTC to trade then not but need a way to control/tax it.

Mark my words, this down swing will lead to an up swing and China's Government will end up getting more from it.

Kind of a stick up of sorts ont he exchanges, give us money or we shut you down.

Runs are about fresh money.

ICO's were a great trick in this regard.

Lately, the Japanese did their part too.

A good harsh rinse serves the same purpose absent new money. Dancing around $4000 a little then drilling it might just be what the doctor ordered.

Then again, sometimes failure is just failure.

Thank God for ridiculous coinbase buying limits when you first open an account LOL. I'm down a whole $15.

I saw something about that Chinese shit last night and ever since I saw that article it has been going down. I'll be waiting at the end of the crash, keep going for all I care.

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Originally Posted by NaturalBornHustler

Thank God for ridiculous coinbase buying limits when you first open an account LOL. I'm down a whole $15.

I saw something about that Chinese shit last night and ever since I saw that article it has been going down. I'll be waiting at the end of the crash, keep going for all I care.

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End of the crash? Can you tell me the moment that is LOL


BUY NOW! This thing will bounce and bounce as big or bigger!

Buy after the crash and you bought too late, sorry Natty but youre a lil green.

As most f this thread and especially last week my calls are LOCKS.

This will rebound.

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Originally Posted by DonaldTrumpsHairPiece

This will rebound into total obscurity.

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NEXT STOP: DONKDOWNISTAN

So looks like im buying a shit load of bitcoin in 2019.

No no its not its already back to over $4300 on kraken you goof.

BCH up $48 this hour ETH up $20+

and so on...

It will bounce back up as the news is proved "fake" to a large degree.

The winners are China's bank and those who don't live in fear and hold or buy when there is blood.

Buy when its green or good news, any donkey can do that.

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Originally Posted by Mintjewlips

So looks like im buying a shit load of bitcoin in 2019.

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Who knows. Back in 2013/2014, that same chart was used saying Bitcoin was a bubble.

Since posting 1 hr ago you could have made 6% on btc/bch/eth ... and its just 730 in Asia woohooo

I love the double digit blood days :)

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Originally Posted by DonaldTrumpsHairPiece

Since posting 1 hr ago you could have made 6% on btc/bch/eth ... and its just 730 in Asia woohooo

I love the double digit blood days :)

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These cryptocurrencies are like superzombies: No matter how much haters try to kill them, they just keep rising from the dead.

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Originally Posted by MumblesBadly

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Originally Posted by DonaldTrumpsHairPiece

Since posting 1 hr ago you could have made 6% on btc/bch/eth ... and its just 730 in Asia woohooo

I love the double digit blood days :)

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These cryptocurrencies are like superzombies: No matter how much haters try to kill them, they just keep rising from the dead.

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Hey the Donald's Hair Piece has no moral, ethical or personal attachment or care as to crypto's succeeding or dying long term. The Hair Piece is an earner ya hear an earner. Id trade finger nail clipping for profit if there was a market for it.

None of my spot on lock down dead right crypto advice has anything to do with anything but making America Great Again.

What will happen this weekend, Id love to tell you all but as stated last page, no one listens so why bother.

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Originally Posted by DonaldTrumpsHairPiece

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Originally Posted by MumblesBadly

These cryptocurrencies are like superzombies: No matter how much haters try to kill them, they just keep rising from the dead.

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Hey the Donald's Hair Piece has no moral, ethical or personal attachment or care as to crypto's succeeding or dying long term. The Hair Piece is an earner ya hear an earner. Id trade finger nail clipping for profit if there was a market for it.

None of my spot on lock down dead right crypto advice has anything to do with anything but making America Great Again.

What will happen this weekend, Id love to tell you all but as stated last page, no one listens so why bother.

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I never thought you in particular were a bitcoin hater. It was just referring to the die-hard bitcoin naysayers.

deadcat bounce? Back to the recent panic lows.

Look at this point in time, anybody who has a significant amount of money is exposed to crypto in one way or another. All major corporations have some sort of tie to the blockchain in one way or another at this point. Every major financial institution has hired, invested in, and dipped their hands into this.

The money is running out. As sam said earlier, the ICO's were a brilliant idea, but this has turned into the tech bubble. I remember this one guy, can't recall his name, wrote an article about how he raised like 5 billion dollars in the tech industry before the bubble just by spouting random buzz words to people with money with no real concept of an actual product. That's what is happening now. You look at all these ICO's with very minimal plans or ideas other than "let's make a token for making a token sake". The money is going dry at this point. Ask every day people about bitcoin, they all know about it by now, if they are interested in buying a $4000 bitcoin, you will get an overwhelmingly large amount of "no" for an answer, because quite simply it's not worth that much at this point in time. Maybe in 10 years, maybe in 5, but right now it is most certainly not. No one gains anything from this technology yet, and the ICO's are just further proof of that.

You can't make prices go up if no one wants to buy it.

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Originally Posted by anonamoose

Look at this point in time, anybody who has a significant amount of money is exposed to crypto in one way or another. All major corporations have some sort of tie to the blockchain in one way or another at this point. Every major financial institution has hired, invested in, and dipped their hands into this.

The money is running out. As sam said earlier, the ICO's were a brilliant idea, but this has turned into the tech bubble. I remember this one guy, can't recall his name, wrote an article about how he raised like 5 billion dollars in the tech industry before the bubble just by spouting random buzz words to people with money with no real concept of an actual product. That's what is happening now. You look at all these ICO's with very minimal plans or ideas other than "let's make a token for making a token sake". The money is going dry at this point. Ask every day people about bitcoin, they all know about it by now, if they are interested in buying a $4000 bitcoin, you will get an overwhelmingly large amount of "no" for an answer, because quite simply it's not worth that much at this point in time. Maybe in 10 years, maybe in 5, but right now it is most certainly not. No one gains anything from this technology yet, and the ICO's are just further proof of that.

You can't make prices go up if no one wants to buy it.

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I don't understand your thesis. What type of exposure are you talking about in terms of financial risk? If I have $100 in the SPY, how much will I make if bitcoin doubles? How much if it crumbles to $1k?

Sure most companies have looked into bitcoin, my trading firm has as well, but we stopped when we couldn't get rid of execution risk. So, we aren't trading it, and neither are most other major Chicago and NYC market makers, the volumes are low and the execution risk is very real.

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Originally Posted by monsterj

I don't understand your thesis. What type of exposure are you talking about in terms of financial risk? If I have $100 in the SPY, how much will I make if bitcoin doubles? How much if it crumbles to $1k?

Sure most companies have looked into bitcoin, my trading firm has as well, but we stopped when we couldn't get rid of execution risk. So, we aren't trading it, and neither are most other major Chicago and NYC market makers, the volumes are low and the execution risk is very real.

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Interesting post about the reality.

I have often wondered about the gambling processors in this regard.

They will quote you a fiat to BTC exchange at time of deposit. Then they give you sometimes 5-20 minutes to make the transaction.

That's a lot of time and exposure on their side. How do they underwrite that? I guess it says they are popping the gambling site pretty good on the processing fee.

If you open up a chart and decide not to execute during a rising market there is no foul. You get three failed attempts in my experience. You don't even have to wait for the offer to expire. Just get another quote and don't execute the first.

There was a recent run up where I played this game. It's a small win but satisfying.

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Originally Posted by anonamoose

Look at this point in time, anybody who has a significant amount of money is exposed to crypto in one way or another. All major corporations have some sort of tie to the blockchain in one way or another at this point. Every major financial institution has hired, invested in, and dipped their hands into this.

The money is running out. As sam said earlier, the ICO's were a brilliant idea, but this has turned into the tech bubble. I remember this one guy, can't recall his name, wrote an article about how he raised like 5 billion dollars in the tech industry before the bubble just by spouting random buzz words to people with money with no real concept of an actual product. That's what is happening now. You look at all these ICO's with very minimal plans or ideas other than "let's make a token for making a token sake". The money is going dry at this point. Ask every day people about bitcoin, they all know about it by now, if they are interested in buying a $4000 bitcoin, you will get an overwhelmingly large amount of "no" for an answer, because quite simply it's not worth that much at this point in time. Maybe in 10 years, maybe in 5, but right now it is most certainly not. No one gains anything from this technology yet, and the ICO's are just further proof of that.

You can't make prices go up if no one wants to buy it.

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the first paragraph is an absolute disaster

your face is an absolute disaster

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Originally Posted by Sanlmar

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Originally Posted by monsterj

I don't understand your thesis. What type of exposure are you talking about in terms of financial risk? If I have $100 in the SPY, how much will I make if bitcoin doubles? How much if it crumbles to $1k?

Sure most companies have looked into bitcoin, my trading firm has as well, but we stopped when we couldn't get rid of execution risk. So, we aren't trading it, and neither are most other major Chicago and NYC market makers, the volumes are low and the execution risk is very real.

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Interesting post about the reality.

I have often wondered about the gambling processors in this regard.

They will quote you a fiat to BTC exchange at time of deposit. Then they give you sometimes 5-20 minutes to make the transaction.

That's a lot of time and exposure on their side. How do they underwrite that? I guess it says they are popping the gambling site pretty good on the processing fee.

If you open up a chart and decide not to execute during a rising market there is no foul. You get three failed attempts in my experience. You don't even have to wait for the offer to expire. Just get another quote and don't execute the first.

There was a recent run up where I played this game. It's a small win but satisfying.

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Exactly, we provide a service(for the most part), and we buy and sell simultaneously, and if we can't get filled(with a guarantee), we aren't going to get exposed on the hedge or other side. The size of a decent block trade in oil or eurodollars would move bitcoin more than $300 bucks(millions of dollars of size), hence you can't really trade it like SPY, TSLA, or BAC, or commodities like WTI or Eurodollar.

I like the concept of crypto, but those huge bid/ask spreads aren't real, the risk is too high for big players.

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Originally Posted by monsterj

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Originally Posted by Sanlmar

Interesting post about the reality.

I have often wondered about the gambling processors in this regard.

They will quote you a fiat to BTC exchange at time of deposit. Then they give you sometimes 5-20 minutes to make the transaction.

That's a lot of time and exposure on their side. How do they underwrite that? I guess it says they are popping the gambling site pretty good on the processing fee.

If you open up a chart and decide not to execute during a rising market there is no foul. You get three failed attempts in my experience. You don't even have to wait for the offer to expire. Just get another quote and don't execute the first.

There was a recent run up where I played this game. It's a small win but satisfying.

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Exactly, we provide a service(for the most part), and we buy and sell simultaneously, and if we can't get filled(with a guarantee), we aren't going to get exposed on the hedge or other side. The size of a decent block trade in oil or eurodollars would move bitcoin more than $300 bucks(millions of dollars of size), hence you can't really trade it like SPY, TSLA, or BAC, or commodities like WTI or Eurodollar.

I like the concept of crypto, but those huge bid/ask spreads aren't real, the risk is too high for big players.

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I'll agree to disagree. Don't compare this to traditional stocks. It's Forex 2.0 essentially and I know from the HK and Asia stand point there are a lot of companies with a lot of exposure to this.

Just Google blockchain jobs and you'll be very surprised by the companies hiring.

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Originally Posted by anonamoose

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Originally Posted by monsterj

Exactly, we provide a service(for the most part), and we buy and sell simultaneously, and if we can't get filled(with a guarantee), we aren't going to get exposed on the hedge or other side. The size of a decent block trade in oil or eurodollars would move bitcoin more than $300 bucks(millions of dollars of size), hence you can't really trade it like SPY, TSLA, or BAC, or commodities like WTI or Eurodollar.

I like the concept of crypto, but those huge bid/ask spreads aren't real, the risk is too high for big players.

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I'll agree to disagree. Don't compare this to traditional stocks. It's Forex 2.0 essentially and I know from the HK and Asia stand point there are a lot of companies with a lot of exposure to this.

Just Google blockchain jobs and you'll be very surprised by the companies hiring.

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Watch those jobs evaporate when price starts going down.

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Originally Posted by Belly Buster

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Originally Posted by anonamoose

I'll agree to disagree. Don't compare this to traditional stocks. It's Forex 2.0 essentially and I know from the HK and Asia stand point there are a lot of companies with a lot of exposure to this.

Just Google blockchain jobs and you'll be very surprised by the companies hiring.

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Watch those jobs evaporate when price starts going down.

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Blockchain is bigger than cryptocurrency.

Still two days to go. The line of blue arrows in this chart show roughly were the market price was when cmoney posted his lock. And despite climbing shortly afterwards, the price *did* crash somewhat so far, although in fits and starts. Not as much as he boldly predicted, but still quite respectfully, IMO.



That being said, the price *could* recover over the next 48 hours. So the new question posed to the Keeper of the Wormhole is, "Is the crash over? Or will it continue?" Indirectly meaning, is there *more* bad news bitcoin enthusiasts should expect in the very short term? Or was the Chinese government announcements of crackdown on ICOs and bitcoin exchanges all she wrote?

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Originally Posted by monsterj

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Originally Posted by Sanlmar

Interesting post about the reality.

I have often wondered about the gambling processors in this regard.

They will quote you a fiat to BTC exchange at time of deposit. Then they give you sometimes 5-20 minutes to make the transaction.

That's a lot of time and exposure on their side. How do they underwrite that? I guess it says they are popping the gambling site pretty good on the processing fee.

If you open up a chart and decide not to execute during a rising market there is no foul. You get three failed attempts in my experience. You don't even have to wait for the offer to expire. Just get another quote and don't execute the first.

There was a recent run up where I played this game. It's a small win but satisfying.

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Exactly, we provide a service(for the most part), and we buy and sell simultaneously, and if we can't get filled(with a guarantee), we aren't going to get exposed on the hedge or other side. The size of a decent block trade in oil or eurodollars would move bitcoin more than $300 bucks(millions of dollars of size), hence you can't really trade it like SPY, TSLA, or BAC, or commodities like WTI or Eurodollar.

I like the concept of crypto, but those huge bid/ask spreads aren't real, the risk is too high for big players.

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Hedge funds are buying crypto through OTC firms. And you can buy in big volume too without much price disruption.

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Originally Posted by snake_in_the_ass

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Originally Posted by monsterj

Exactly, we provide a service(for the most part), and we buy and sell simultaneously, and if we can't get filled(with a guarantee), we aren't going to get exposed on the hedge or other side. The size of a decent block trade in oil or eurodollars would move bitcoin more than $300 bucks(millions of dollars of size), hence you can't really trade it like SPY, TSLA, or BAC, or commodities like WTI or Eurodollar.

I like the concept of crypto, but those huge bid/ask spreads aren't real, the risk is too high for big players.

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Hedge funds are buying crypto through OTC firms. And you can buy in big volume too without much price disruption.

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This just in from "Lockitdown" CMONEY.....