Btw. what happened to Yankee? Did the IRS kick his door in or what?
He probably drove off into the sunset with his lambo
Btw. what happened to Yankee? Did the IRS kick his door in or what?
Almost posted the exact same thing.
Thats exactly why Im thinking it wont last until then. Who knows though. Im thinking people with money right now will be buying low right now, then let it go back up for that March/April time frame to do this all again.If this bear-market lasts until my tax returns in March... I'm going balls deep.
Yeah I dont know wtf is up with REQ. A bunch of good news and the price has done absolutely nothing but drop since hitting a peak of like $1.18REQ is doing terribly, holy crap. Went from $1 to $0.21 is a month
REQ is doing terribly, holy crap. Went from $1 to $0.21 in a month
I feel the same about SUB. Seemed like the network testing was going well. Still went from just over $3 to $0.50 in three and a half weeks.
Well, I have a bet with a pal of mine that we will see BTC sub 4k in first half of this year :P But I think that we will bounce before that number,at around 6k - 6.5k as Bradson saidI am also hearing talk of 5k or 4k BTC. I personally think those targets are a bit ambitious for the moment. I would be surprised if BTC just dropped straight to 4k without a solid 6.5k bounce. Trade at your own risk.
Well, I have a bet with a pal of mine that we will see BTC sub 4k in first half of this year :P
I was pretty busy this weekend so didn't have time to post much. Being in fiat now continues to look like the best approach. If you're holding crypto still, I would look to exit on a bounce to anywhere near 7.5k BTC GDAX. Otherwise, pick your exit at your discretion. I expect a lot of volatility over the next few days.
Probability of getting sub-7k is obviously higher now (since GDAX is already at 7.2k), and in line with what I was thinking earlier in this thread. I wasn't supremely confident about the 6.5k call at the time, since so much had to happen in between, but since everything else played out with that prediction of mine, I'm inclined to trust what I was thinking then. I think 6.5k to 6.8k GDAX is a likely bounce area for BTC.
I am also hearing talk of 5k or 4k BTC. I personally think those targets are a bit ambitious for the moment. I would be surprised if BTC just dropped straight to 4k without a solid 6.5k bounce. Trade at your own risk.
Could be years. I am fine with that. I waited years after the last crash until this last summer of 2017 when things exploded.
the bottom line for me is I got sick of reading stories on people making money off this stuff as I sit there too lazy to look into it more and get involved
at this point the market could literally be in bear form for years and i'd continue putting money in,because i've decided that the alternative is worse
absolute worst case scenario I miss out on a couple vacations and have nothing to show for it,fine by me
If China successfully bans all foreign coins and ICOs, all those Chinese miners shut down, right.
I look at it like this. EVERY single time someone has bet against Crypto, they've lost. I keep kicking myself that I didn't know about crypto back in 2013, and didn't get in early. But, I have a chance to make it right with the rise of new alt coins. At WORST, I'll have to pay back the equivalent of a student loan for a semester or two at a state college. At best, I'll be a millionaire.
There are going to be people three-five years from now wishing they had got in at this moment, where some of us were when Ethereum was launched. Play the long game folks, don't invest what you can't afford to lose.
I'm riding crypto to the gates of Hades.
My thoughts exactly, I missed out too long. Now it feels like I'm getting a chance to get in. Will put in a little bit more when it goes into 6,7k range, and than wait 6 months.
$1000 / $8000 = 0.125 x $11000 = $1375 $375 profit)
If you can't do that grade 2 math you should probably stay away from investing in anything. I mean that because I don't want you to lose money, not to be a dick.
China has talked about banning bitcoin about 25 times since I have been involved in crypto. (2013) Nothing to see here.
Overall, I miss 3 weeks ago when everyone had a positive outlook. Hopefully we'll get back to those levels once this FUD has time to pass...
Isn't VEN royally screwed now that China has banned all crypto trading?
I thought it was just a ban on foreign platforms, unless I'm mistaken. That's not a bad thing for VeChain if they operate their own platform within China, which I think is the plan.Isn't VEN royally screwed now that China has banned all crypto trading?
""To prevent financial risks, China will step up measures to remove any onshore or offshore platforms related to virtual currency trading or ICOs," said an article published on Sunday night by Financial News, a publication affiliated to the People's Bank of China (PBOC)."I thought it was just a ban on foreign platforms, unless I'm mistaken. That's not a bad thing for VeChain if they operate their own platform within China, which I think is the plan.
I thought it was just a ban on foreign platforms, unless I'm mistaken. That's not a bad thing for VeChain if they operate their own platform within China, which I think is the plan.
Right, it's confusing because VeChain had announced their plans for an VET-RMB exchange after China's domestic ban had already happened (bottom of this document: https://cdn.vechain.com/vechain_national_government_partnership_guian_release.pdf), so I'm not sure the additional foreign ban changes that.Pretty sure they've banned domestic trading platforms already.
If you're in fiat, you should probably be watching the market very closely when BTC breaks below 6.8k GDAX.
This crash is turning everyone into a HODLer.This is a pretty bad and sustained crash. I'm already in the red $400 from my $700 total investment, at this point I'm either going down with the ship or eventually recovering.