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bitcoins

Don't know if this has already been posted but I'm digging dudes untainted advice.

[youtube]g-zIbVEjVpQ[/youtube]
 
Yakoo752 said:
BitConnect pulled theirs from the US

https://www.sosnc.gov/divisions/securities/Admin_Action

Apparently a lot are saying F-It and letting US members participate through VPN. The more “legit” outfits are asking citizenship verification.
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Speaking of... their value has decreased 90% since they launched one year ago. Today, they closed their exchange...

Following various red flags, including allegations by none other than the founder of Ethereum and Litecoin that it was running a Ponzi scheme, Bitcoin investment platform BitConnect announced it was closing the company’s cryptocurrency exchange and lending operation after receiving two cease-and-desist letters from state authorities for the unauthorized sale of securities and suffering from denial-of-service attacks.

https://www.zerohedge.com/news/2018...-after-state-crackdown-over-unregulated-sales
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Blankpage said:
Don't know if this has already been posted but I'm digging dudes untainted advice.
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That was awesome. Lots of great insights there - most of the people pumping Bitcoin have no investing cred and do come off like vegan zealots.
 
Entoptic said:
If you got the money now is the time to get ready. We may see sub 10k and that's when I go full tilt on BTC.

Good luck all. Hodl for your life and profit later!
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It is at 9600. So you're all in?
 
asdfghwy said:
Will see what happens. Does anyone have thoughts on VEN or WaBi? Both seem pretty interesting concepts
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VEN is promising. https://medium.com/@vechainofficial...aji-from-guotai-junan-securities-2e62f40b35ec

Entoptic said:
If you got the money now is the time to get ready. We may see sub 10k and that's when I go full tilt on BTC.
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I'd suggest holding off. Now that they honeymoon period is over and all the newbies start panicking - they'll sell off and now exchanges will start losing money in their transactions. Then some might even fall off the map - which will cause it to crash further.
 
Entoptic said:
Pretty much this.

I'll start up topic. 200 billion has left the crypto market today. Where did it go? Is this a play by powerful people waiting on the sidelines for the go command? It's not like 200B can be removed from the exchanges at the same time. Where is it all?
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Actually $200 billion doesn't "leave" the market unless you are referring to something I am not aware of. If the price of any commodity or stock drops 30%, the money doesn't leave anywhere. If there are 100 share of XV fund at $10 each ( total market value) there's a $1,000 market. If nobody wants to pay more than $5 each on the next day for XV, there's now a $500 market.

There will be owners of XV who are poorer with the $5 price tag, and former owners who are richer, but the market is halved. If nobody wants to pay anything for XV, there is no market at all.



PS: Hope you make out like a bandit in all this. Noticing the prices today, if you waited till $9200 and bought, that was a nice jump.
 
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What a glorious day comrades! Took all my failed Bitconnect coins and bought btc at a super discount.

If I knew btc would have been on flash sale today I would have bought more! Everything is 50% off! Buy what you can afford to lose!
 
I'm involved in a few investor groups, some a little less ethical than others... some that use "Better Investing" principals.

The more ethical ones are all encouraging that you withdraw USD out of the exchanges at this time. Too much "Mt Gox" risks.

I have a few hundred remaining but I pulled the bulk of my capital... especially after seeing some larger $ transactional issues where the money was being "held" for verification but in reality... it was in limbo

http://bittrust.org/coinbase
 
So I couldnt hold out. I bought back all my btc and another 1.25 at 9500 with the same money from yesterdays sale. Before bed last night I put a 9500 dollar buy order in. It hit this morning. I couldnt let this dip go. My day trading mind set kicked in. Eventually I plan on selling all btc once my miners are set up. I may sell again if I see the same set up happening.
 
I thought about dabbling and then just looked back to the dotcom bubble market days and re-read some old boiler-room threads on some forums.

If what is being said about bitcoin isn't almost word for word what was being said about stuff then, it can't be more than a change in the titles.

The only thing missing in this thread are the posts about how family illnesses and other such things have hit included in the "I'm out, but you longs will really make a bundle, so much upside remaining".

Remember, buy high and sell low.

Works hand in hand with the " your house is your bank, need cash now?" routine.

All this will run into 2019 and plop goes the weasel.

The cycle, 15 years or so, just enough time for teenagers and 20 somethings to get into their 30s and 40s and have some money to chase the next hyped offering.
 
panthera said:
So I couldnt hold out. I bought back all my btc and another 1.25 at 9500 with the same money from yesterdays sale. Before bed last night I put a 9500 dollar buy order in. It hit this morning. I couldnt let this dip go. My day trading mind set kicked in. Eventually I plan on selling all btc once my miners are set up. I may sell again if I see the same set up happening.
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Welcome to the knife catcher club.

Mike95060 said:
Yeah. A LOT of people are probably in over their heads. Not good.
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Scary right? I feel for those people.
 
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