Bitcoins are officially donkdown

[sonatine]

its totally possible that we're not at a tipping point yet, and that the majority of current 'investors' pouring money in would barely understand what you were talking about.

i honestly think it can hit 60k once the smoke clears in january.

i also think there will be suicides when china sets the hook.

Oh god, if sonatine thinks it is going to 60k it is probably time to be cautious.

it doesnt matter really because about 5% of holders are going to walk away with any significant sum.

 

and they will be chinese.

[sonatine]

[GambleBotsChafedPenis]

again the translation when any of these big bank CEOs speak about crypto:

'we didn't get our piece of this whole thing when it was in its infancy and we're pissed so we're gonna try to blow it the fuck up...'

kinda like casinos and online poker...

[snake_in_the_ass]

its totally possible that we're not at a tipping point yet, and that the majority of current 'investors' pouring money in would barely understand what you were talking about.

i honestly think it can hit 60k once the smoke clears in january.

i also think there will be suicides when china sets the hook.

Oh god, if sonatine thinks it is going to 60k it is probably time to be cautious.

The biggest mush in the world that I know bought BTC yesterday. He called me to say he would be buying a Lamborghini soon. Lol. I reduced my positions yesterday and today.

[DirtyB]

again the translation when any of these big bank CEOs speak about crypto:

'we didn't get our piece of this whole thing when it was in its infancy and we're pissed so we're gonna try to blow it the fuck up...'

kinda like casinos and online poker...

I thought the whole premise of bitcoin was that the Big Evil Jew Banks couldn't fuck with it.

[DonaldTrumpsHairPiece]

I reduced my positions yesterday and today.

A man who sells at the bottom, buys at the top. I took you for smarter than this...

[Belly Buster]

Oh god, if sonatine thinks it is going to 60k it is probably time to be cautious.

The biggest mush in the world that I know bought BTC yesterday. He called me to say he would be buying a Lamborghini soon. Lol. I reduced my positions yesterday and today.

He'll lose them or have them stolen just before getting his Lambo. And then he'll off himself.

[snake_in_the_ass]

I reduced my positions yesterday and today.

A man who sells at the bottom, buys at the top. I took you for smarter than this...

You think we going back to all time highs soon? I reduced my positions, still got a bunch long.

[GambleBotsChafedPenis]

again the translation when any of these big bank CEOs speak about crypto:

'we didn't get our piece of this whole thing when it was in its infancy and we're pissed so we're gonna try to blow it the fuck up...'

kinda like casinos and online poker...

I thought the whole premise of bitcoin was that the Big Evil Jew Banks couldn't fuck with it.

don't mean fucking with it...I mean trading it and deriving some sorta of trading desk income from it...they're not getting their piece of BTC 15xing, LTC 75xing, etc, so they're pissed off about it...

[snake_in_the_ass]

The biggest mush in the world that I know bought BTC yesterday. He called me to say he would be buying a Lamborghini soon. Lol. I reduced my positions yesterday and today.

He'll lose them or have them stolen just before getting his Lambo. And then he'll off himself.

He won't off himself. His net worth is probably under $5000. Just got a little cautious cause he called me saying he is long BTC. Lets see what happens.

[sonatine]

watching pfa's most desperate wanna be gordon gecko's debate which one of them is better at getting sucked into a ponzi scheme is exactly why i go through the effort to log into this forum.

[DonaldTrumpsHairPiece]

watching pfa's most desperate wanna be gordon gecko's debate which one of them is better at getting sucked into a ponzi scheme is exactly why i go through the effort to log into this forum.

While we debate it I made 20000% on XRP as of today, I feel really really stupid. What have you earned debating it?

I am not arguing long term and anyone who passes on short term because they disbelieve long term is someone who may make a buck by the time they are 75 and can enjoy it LOL

[DonaldTrumpsHairPiece]

A man who sells at the bottom, buys at the top. I took you for smarter than this...

You think we going back to all time highs soon? I reduced my positions, still got a bunch long.

In short yes, here is why.

It does have a support level well above $11k.
New institutions will be adding trading in 2018
New institutions need a better BTC price to then short it and make on both sides.
It is not early to mid 2018 yet so btc to $20k+ imo starting anytime.

You will wake up shortly and see BTC above $17k-$18k again and then up further as GS etc buy up coins to then short.

BTC is not done, one day maybe sure but not today. I have felt sick so many times over the years watching it roller coaster that as of now I look forward to the feeling, means buy not sell.

[gimmick]

For BTC, if you missed 2013, you missed the train. For most alt coins the same is true of 2017.

The end of 2013 wasn't even a major deathblow to BTC, it was just a few early adopters cashing their coins. To a degree the current volume partly protects BTC from that, but the likelihood of other risks keeps rising.

For 2018 to match 2017 BTC would have to finish at 225k per coin. For it to match 2013 peak we are talking about something like 1,2m per coin at some point in 2018.

[DonaldTrumpsHairPiece]

For BTC, if you missed 2013, you missed the train. For most alt coins the same is true of 2017.

The end of 2013 wasn't even a major deathblow to BTC, it was just a few early adopters cashing their coins. To a degree the current volume partly protects BTC from that, but the likelihood of other risks keeps rising.

For 2018 to match 2017 BTC would have to finish at 225k per coin. For it to match 2013 peak we are talking about something like 1,2m per coin at some point in 2018.

Obviously the gains cannot continue at the same pace but when you can still out pace your annual retirement plan in a day or 2 or 3 you don't need XXXX% returns, XX% is just fine!

[gimmick]

For BTC, if you missed 2013, you missed the train. For most alt coins the same is true of 2017.

The end of 2013 wasn't even a major deathblow to BTC, it was just a few early adopters cashing their coins. To a degree the current volume partly protects BTC from that, but the likelihood of other risks keeps rising.

For 2018 to match 2017 BTC would have to finish at 225k per coin. For it to match 2013 peak we are talking about something like 1,2m per coin at some point in 2018.

Obviously the gains cannot continue at the same pace but when you can still out pace your annual retirement plan in a day or 2 or 3 you don't need XXXX% returns, XX% is just fine!

Obv and if you bothered to do your homework with crypto, it's still a fine way to make money. It's just not likely something you can make money knowing absolutely nothing about it or something you should spend few thousand hours learning. Sorta like the value of getting decent at poker was nothing in 2016 compared to 2006.

[BlunderMaker]

reading bitcoin advice is like watching the old asian dudes study their baccarat scorecards.

[DonaldTrumpsHairPiece]

Obviously the gains cannot continue at the same pace but when you can still out pace your annual retirement plan in a day or 2 or 3 you don't need XXXX% returns, XX% is just fine!

Obv and if you bothered to do your homework with crypto, it's still a fine way to make money. It's just not likely something you can make money knowing absolutely nothing about it or something you should spend few thousand hours learning. Sorta like the value of getting decent at poker was nothing in 2016 compared to 2006.

In terms of knowing when the best time is to buy/sell sure but a moron with $10k can buy BTC and hold and should see $$$$ profits by simply buying. They do not need to day trade...all good things come to ends but still a far way off for BTC.

[sonatine]

In terms of putting the hammer to wanna be gordon geckos:


https://www.engadget.com/2017/12/28/...y-regulations/

[sonatine]