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- C-12 replied Mar 6, 2018
Bitcoin at $10k is a a high risk play on the assumption that the lighting network is going to fix all of it's scalability problems. Real world usage is actually going down and it's being accepted less by the day. I see Bitcoin being very much like ...
- C-12 replied Mar 5, 2018
That's a ponzi coin by the way. The creators are holding 80% of the supply and drip feeding with airdrops to create some hype.
- C-12 replied Mar 3, 2018
Ridiculously bullish on NANO. A lot of people are sleeping on this one. NANO will replace Bitcoin, BCash, Ethereum and Litecoin as the exchange to exchange medium of transfer. There is nothing that can compete with the speed, scalability and ...
- C-12 replied Jan 11, 2018
I agree with the fundamentals but not at these prices. I need Bitcoin to find some solid longer term support, not a 2 hour channel breakout. Now I may be wrong and we go to the moon from here, but I'm looking to invest at value (ie - support), and ...
- C-12 replied Jan 11, 2018
So did the big boys have a significant Bitcoin holding at lower prices? If so, why not unload it even lower and accumulate cheaper? The volume is pretty low on the futures market so very doubtful short sellers have had any impact. The price is ...
- C-12 replied Jan 11, 2018
How did they lower the price if they couldn't get in?
- C-12 replied Jan 10, 2018
Yeah, the entire crypto market needs a good flush out and a fresh accumulation cycle to form. It needs to go off radar for a while. Almost everyone I know has been pumping it, even people who have no clue about trading or the financial markets. Look ...
- C-12 replied Jan 10, 2018
It's still overbought and really needs to find proper support which is down at $8,000 - $5,000. That could take another couple of months.
- C-12 replied Jan 1, 2018
Are you able to do the same analysis on both the weekly / daily charts? Not sure you can really call the end of a correction of multi month up-move on a 2 hour timeframe.
- C-12 replied Jan 1, 2018
This maybe true right now, but let's see what happens when JP Morgan, Citigroup, Goldman Sachs, Morgan Stanley, Barclays etc are fully engaged.
- C-12 replied Dec 31, 2017
The 2013 run up ended with an 80% crash that took almost 2 years to bottom out. I wouldn't be in any rush to buy Bitcoin at these levels. I can see sub $5k happening over the coming months and may take a few years before $20k is taken out on the ...
- C-12 replied Dec 24, 2017
It appears that criminals are not using it as currency but as a method solely to funnel USD (or other fiat) from one party to another. Ie they are transacting in USD, convert to crypto and then straight back into USD. Need to find the link to the ...
- C-12 replied Dec 24, 2017
Yeah, I remember him trashing silver when it was at $14 back in 2007 saying it was a bubble. That eventually went to $50 before crashing. Anyway, just posted this on another thread as you're right about the fiat system. --- The blockchain technology ...
- C-12 replied Dec 24, 2017
A great argument that they are a modern day pyramid scheme (by design) which will be made illegal at some point for a variety of reasons. Digital 'Currencies' Are ALL A Scam 2017-06-17 08:35 by Karl Denninger url url "ALL such "digital ...
- C-12 replied Dec 22, 2017
Only chart that I find that looks similar is silver (on the monthly).
- C-12 replied Dec 22, 2017
We might be looking a different chart? I guess anything is possible but it doesn't look strong here.
- C-12 replied Dec 22, 2017
There’s a very good level of support at 0 in Bitcoin: The origin of the move up and a key round number.
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