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Thread: Bitcoins are officially donkdown

  1. #3701
    Diamond chinamaniac's Avatar
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    $7300

    GTFO

  2. #3702
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    Quote Originally Posted by chinamaniac View Post
    $7300

    GTFO
    Makes me feel a little sick....back in March I cashed out $5200 from Blackchip Poker. I took it in bitcoins then immediately converted it to cash. The next day bitcoins dropped like $500 and I was happy I cashed out the day before. I cashed out at roughly $1400 LOL

  3. #3703
    Diamond Mintjewlips's Avatar
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    Bitcoins are donkdown yalll!!!!!

    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

  4. #3704
    Diamond chinamaniac's Avatar
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    If you have a blockchain wallet and had coins in there this summer when the BCH fork went down around July you can now claim the coins in your your wallet. GO to settings and then general and you should see what to do. I just found a good amount in there.

    You will just need another wallet to send them to.

  5. #3705
    Platinum Krypt's Avatar
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    Before the end of this year the cme is going to be rolling out futures contracts and obv etfs will be a consequence which means people can finally short this trash. The end is near


    Winter is coming

  6. #3706
    Welcher jsearles22's Avatar
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    Quote Originally Posted by hutmaster View Post
    Quote Originally Posted by chinamaniac View Post
    $7300

    GTFO
    Makes me feel a little sick....back in March I cashed out $5200 from Blackchip Poker. I took it in bitcoins then immediately converted it to cash. The next day bitcoins dropped like $500 and I was happy I cashed out the day before. I cashed out at roughly $1400 LOL

    That's 2 Marchs in a row that you almost lost $500

    It's hilarious that we as a society think everyone can be a dr, a lawyer, an engineer. Some people are just fucking stupid. Why can't we just accept that?

  7. #3707
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    Quote Originally Posted by Krypt View Post
    Before the end of this year the cme is going to be rolling out futures contracts and obv etfs will be a consequence which means people can finally short this trash. The end is near


    Winter is coming


    LOL

    Id like you to elaborate on how you think that someone purchasing PUTS in this case will equate to negative pressure on the actual Bitcoin price?

    Maybe I missed something here, but as far as Ive read so far, there is still nothing out there that says people will be able to short sell the actual Bitcoin market.

    Buying put options and shorting an actual security are 2 different things. Just because people are purchasing a ton of puts on the ETF's doesn't mean that the Bitcoin price will be pressured to drop

  8. #3708
    Plutonium Sanlmar's Avatar
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    Look at that 30 min chart

    Wow

    2x Called Off: Bitcoin Hard Fork Suspended for Lack of Consensus

  9. #3709
    Gold DonaldTrumpsHairPiece's Avatar
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    Ya, down 500+ pretty quick, mind you at $7k+ every 5-10 points count quickly at the time.

    Psychologically though a near $8k has been introduced regardless as to why (fork) and why it didn't break it will fade and it will push on, watch.

  10. #3710
    Platinum Krypt's Avatar
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    Quote Originally Posted by Krypt View Post
    Before the end of this year the cme is going to be rolling out futures contracts and obv etfs will be a consequence which means people can finally short this trash. The end is near


    Winter is coming

  11. #3711
    Plutonium Sanlmar's Avatar
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    CNBC and TheStreet trotting out Schiff today... it's just amazing, guy is like Rasputin and appeals to the average nitwit that takes either site seriously

    There is no consumer protection

    If Bitcoin Can Surge to $8,000 It Can Reach $80,000, Peter Schiff Says
    The Stock Market Bubble Is Getting Ready to Blow Up: Peter Schiff
    I don't care, but interesting

    Bitcoin Classic Shuts Down As Staff Claim Bitcoin Cash Will Rule ‘In 6 Months’
    Last edited by Sanlmar; 11-10-2017 at 10:27 AM.

  12. #3712
    Gold DonaldTrumpsHairPiece's Avatar
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    This whole market does not always or work at all on facts or logical thinking. It is all a big game but one I am happy to play..

    Pages ago I mentioned BCH Bitcoin Cash would jump big, it has, why...

    It is faster, cheaper and had room to grow. Segwit2 was cancelled and thus no fork no free coin so holding BTC today was pointless, money dumps into BCH Bitcoin Cash but again that isn't the full story. BTC and BCH share difficulty to mine back and forth, just so happens BCH will see a difficulty adjustment, make it more profitable this week, segwit2 died and fork will happen all the same week, thus BIG BCH jump.

    Logically BCH is superior BUT again its a game a money game, watch.... BCH will dump again (even with everything on its side) and BTC will rise when mining profits switch back and Asians take that sweet BCH jump today and buy more BTC. Rinse repeat welcome to crypto.

    Its like taking a pro sports team to the big game then after it dumping them and building another and then going back and on and on the drama fuels EVERYTHING.

    Buy BTC while $6500 before $8k again, BCH will dump right back into it.

  13. #3713
    Owner Dan Druff's Avatar
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    Quote Originally Posted by jsearles22 View Post
    Quote Originally Posted by hutmaster View Post

    Makes me feel a little sick....back in March I cashed out $5200 from Blackchip Poker. I took it in bitcoins then immediately converted it to cash. The next day bitcoins dropped like $500 and I was happy I cashed out the day before. I cashed out at roughly $1400 LOL

    That's 2 Marchs in a row that you almost lost $500

    He can bet against you in March 2018, win, and lose another $500 when you welch.

  14. #3714
    Diamond Mintjewlips's Avatar
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    Quote Originally Posted by Dan Druff View Post
    Quote Originally Posted by jsearles22 View Post


    That's 2 Marchs in a row that you almost lost $500

    He can bet against you in March 2018, win, and lose another $500 when you welch.

    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

  15. #3715
    Platinum Krypt's Avatar
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    Quote Originally Posted by chinamaniac View Post
    $7300

    GTFO
    $6150

    GTFO

  16. #3716
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    Quote Originally Posted by Krypt View Post
    Quote Originally Posted by chinamaniac View Post
    $7300

    GTFO
    $6150

    GTFO
    Don't forget about the forks, Bitcoin Cash and Bitcoin Gold. That could add another $2000 if you owned Bitcoin at the right times.

  17. #3717
    Platinum Krypt's Avatar
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    IT'S ALL TRASH DIPSHIT

  18. #3718
    Plutonium big dick's Avatar
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    Go on krypt im listening....

  19. #3719
    Platinum Krypt's Avatar
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    If you need me to explain the risk/reward asymmetries of a toxic asset then I can't really help you

  20. #3720
    Platinum Krypt's Avatar
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    HERE COMES 5000

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