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The effect of a stock market correction/crash on cryptos? 4 replies

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Is Bitcoin about to crash?

  • #241
  • Aug 6, 2019 2:42pm Aug 6, 2019 2:42pm
Quoting auricforecas
http://www.willjohnmcafeeeathisdickontv.com/
  • #242
  • Aug 6, 2019 6:46pm Aug 6, 2019 6:46pm
Quoting auricforecas
but hey... http://www.willjohnmcafeeeathisdickontv.com/
Bitcoin better hit $500K because nobody needs to see that man naked!
  • #243
  • Aug 6, 2019 7:17pm Aug 6, 2019 7:17pm
Quoting Kyg
Now bitcoin is at 9700 and so far it is confidently holding under 10,000. I see that after the news about Fibra, cryptocurrency does not feel confident. Nevertheless, the US government will try to regulate the blockchain and electronic currencies, because this is the way to security. But regulation will break the cryptocurrency market, since the only thing left of them is the blockchain technology. As I said earlier, the future is in the blockchain, not in Bitcoin.
I think you are correct in some cases. You're right in that the government will regulate cryptocurrencies. You're also correct that blockchain is the future. So is cryptography. Cryptocurrencies use both, but that doesn't mean that they can't be regulated. They will need to be.

The unique position that bitcoin is putting these governments in is that they can't get rid of it. But, they can regulate it. The way to regulate bitcoin is through transparency. I believe the world has and will continue to shift towards transparency, and cryptocurrencies can actually facilitate that. The governments want to collect taxes and limit illegal activity. Once there's some transparency and the governments know a little more about it, it'll come. Not all cryptos can be regulated, for different reasons, and they will probably get squeezed out at some point.

I don't think anybody knows how this market will unfold. There are different schools of thought. A popular thinking is that there will be sectors, similar to the stock market, where certain cryptos have utility that serves a specific market. To see how that would look, check this link out: https://messari.io/classifications

We are so early, still in this markets infancy. It's going to be exciting to watch it unfold.

I'm not sure what the crypto-future will look like. I'm hoping it's one worth HODLing for. Cheers!
  • #244
  • Aug 7, 2019 12:04am Aug 7, 2019 12:04am
Quoting auricforecas
This crash talk has been going on for years... And everytime it gets the CRASH PR... it attracts even more people later on So this saying "there is no such thing as bad publicity" seems to be working for BTC As for how far it can go? Well, it's all about the peoples perception, but of course 100k would be on the table, still https://bircoin.top/ I would not be so radical to bet on the 1mio... but hey... http://www.willjohnmcafeeeathisdickontv.com/

The history of bitcoin price is the series of crashes. 2011: $32 to $2; 2013: $267 to $50; 2013 - 2014: $1090 to $285; 2016: $1200 to $730; 2018: 19700 to $3200.
  • #245
  • Aug 7, 2019 12:32am Aug 7, 2019 12:32am
Quoting yg10
{quote} The history of bitcoin price is the series of crashes. 2011: $32 to $2; 2013: $267 to $50; 2013 - 2014: $1090 to $285; 2016: $1200 to $730; 2018: 19700 to $3200.
Yeah, reminds me of the stockmarket, see here
Inserted Video
Can you afford to take that chance?
  • #246
  • Aug 7, 2019 5:25pm Aug 7, 2019 5:25pm
Quoting yg10
{quote} The history of bitcoin price is the series of crashes. 2011: $32 to $2; 2013: $267 to $50; 2013 - 2014: $1090 to $285; 2016: $1200 to $730; 2018: 19700 to $3200.
I sense a pattern....
  • #247
  • Oct 14, 2019 2:25pm Oct 14, 2019 2:25pm
Quoting suthmo
Bitcoin load long @ 10990 If breaks below ^ = 7777 {image}
A year a go I projected "Bitcoin load long @ 10990.
If breaks below ^ = 7777" Dec 22, 2017 2:39pm Here we are.
Founder of Sutherland Wave Principle
  • #248
  • Oct 14, 2019 2:50pm Oct 14, 2019 2:50pm
Quoting suthmo
{quote}A year a go I projected "Bitcoin load long @ 10990. If breaks below ^ = 7777" Dec 22, 2017 2:39pm Here we are.
What's your call now? Seems like we are poised for another big move soon.
  • #249
  • Oct 15, 2019 12:55am Oct 15, 2019 12:55am
Quoting vanillaice
{quote} What's your call now? Seems like we are poised for another big move soon.
Channel is pointing at 30k barrier for the next rise and fall.
Attached Image(s) (click to enlarge)
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Founder of Sutherland Wave Principle
  • #250
  • Oct 15, 2019 11:29am Oct 15, 2019 11:29am
Quoting suthmo
{quote} Channel is pointing at 30k barrier for the next rise and fall. {image} {image}
That 30k figure seems to be popping up quite a bit lately! I can certainly see it happening but not in the immediate future... The market seems settle in it's range currently and I think something will have to happen to prompt the breakout. Keeping an eye out for that event...
  • #251
  • Oct 16, 2019 8:47am Oct 16, 2019 8:47am
Broke 8k this morning! Bears dominating at the moment.
  • #252
  • Oct 16, 2019 11:22am Oct 16, 2019 11:22am
The whole lot of 'em look pretty ugly right now. Good buying op!!
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  • #253
  • Oct 17, 2019 2:12pm Oct 17, 2019 2:12pm
Quoting cityRat
The whole lot of 'em look pretty ugly right now. Good buying op!! {image}
Love the optimism bro! Great spin. 8k is like a magnet that we cant get away from right now though. Lots of speculation with huge moves going both ways but we are pretty confined
  • #254
  • Oct 17, 2019 3:36pm Oct 17, 2019 3:36pm
Quoting suthmo
{quote} Channel is pointing at 30k barrier for the next rise and fall. {image} {image}
Let's hope, I'm setup to hold less at 30K and diversify.
  • #255
  • Oct 17, 2019 3:57pm Oct 17, 2019 3:57pm
Quoting vanillaice
{quote} Love the optimism bro! Great spin. 8k is like a magnet that we cant get away from right now though. Lots of speculation with huge moves going both ways but we are pretty confined
10k was the magnet a few months ago
  • #256
  • Oct 17, 2019 7:39pm Oct 17, 2019 7:39pm
Quoting Hasher
{quote} Let's hope, I'm setup to hold less at 30K and diversify.
I heard some major news about a big bank adopting crypto...?
Founder of Sutherland Wave Principle
  • #257
  • Oct 18, 2019 12:28am Oct 18, 2019 12:28am
Drawers are dropping at the moment.
Attached Image
The Bigger the Boob, The More Buckles on it's Bra
  • #258
  • Oct 18, 2019 1:28am Oct 18, 2019 1:28am
Quoting CryptonBlood
Drawers are dropping at the moment. {image}
Only -2.44% ?!?
That's nothing! Bitcoin rabid bears can do much better than that !
Attached Image
Member
  • #259
  • Oct 18, 2019 1:44am Oct 18, 2019 1:44am
Quoting TudorIoan
{quote} Only -2.44% ?!? That's nothing! Bitcoin rabid bears can do much better than that ! {image}
....much better like -44% in 66 days !
........... Booooom!
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Member
  • #260
  • Oct 18, 2019 2:01am Oct 18, 2019 2:01am
Quoting TudorIoan
{quote} ....much better like -44% in 66 days ! ........... Booooom! {image}
The Bigger the Boob, The More Buckles on it's Bra
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