Final pump before full capitulation? - page 2.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: mycoinrisk on December 20, 2018, 11:49:50 PM

I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.

Check out this article I wrote here

BTC BTC BTC

Yeah this is a possibility that what we have seeing in the last couple of day's spike hike maybe the last capitulation before going hard again before the end of the year so we need to be cautious. But I don't know if it has something to do with Bitmain though. Maybe that's just one part of the equation and this could also be the handy work of some whales swimming around the crypto sea.

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: mycoinrisk on December 20, 2018, 11:49:50 PM

Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report.

With what he is buying them?

kaisa

full member

Activity: 560

Merit: 145

Interesting analysis, I also thought that there was still a downward trend, between $ 2800- $ 1800. Although many speculators said they would not fall below $ 3000. Leap support is currently at $ 4700, any changes can occur in crypto.

eagle10

sr. member

Activity: 840

Merit: 252

Quote from: dreamax25 on December 21, 2018, 06:34:12 AM

Warren Davidson and Darren Soto, the two U.S. congressmen proposed two bills that are aimed for combating manipulation in cryptocurrency markets.

https://coincodex.com/article/2789/two-us-congressmen-propose-bill-that-would-exempt-crypto-from-securities-laws/

Well and good. This is good news to cryptocurrency world but I guess it will take time to make it happen. But once it is passed into law and all conditions are met, I hope that it will make a better world for investors and people in the cryptocurrency.

pundit

full member

Activity: 868

Merit: 104

Sometime things react opposite to our analysis, there is downtrend for long and now everyone is considering this move as retracement before going more down but it may react opposite, it may start increasing from here by making HH HL.
No trend can exists for long, there is always an end to everything, downtrend is there in BTC fro more tha 10 months and last 1-2 months it was in side trend, I think a final down movement has just existed to create panic, keep watching price.

dreamax25

full member

Activity: 365

Merit: 103

Warren Davidson and Darren Soto, the two U.S. congressmen proposed two bills that are aimed for combating manipulation in cryptocurrency markets.

https://coincodex.com/article/2789/two-us-congressmen-propose-bill-that-would-exempt-crypto-from-securities-laws/

rosemary4u

jr. member

Activity: 392

Merit: 1

Bitcoin can go above $4000 by the end of the year if we see more positive vibes from major stakeholders in the world if crypto. One influential thing on bitcoin that happened during the year is the numerous fork on bitcoin cash. I believe this brought a divided opinion among stakeholders but bitcoin still lead the trend.

duongdaiduong

member

Activity: 289

Merit: 10

Give us a link to your article. I'm hoping ETH may drop to $50, I'll buy it.

Will the BTC fall to $ 1k this year?

)

bellamente

member

Activity: 420

Merit: 10

If all investors believe in this news, then we are waiting for a failure already at 4000 - 4500 for 1 Bitcoin.

I think that the market could break through 6500 if there were less negative news

dothebeats

legendary

Activity: 3542

Merit: 1352

I'm also inclined to think that this is just pure manipulation at play and no real movement from the bulls are happening. We can go sub-$3000 for all we know just like how we went to $3100 from a $4000 footing just a few weeks ago. As for BITMAIN, they're just doing their thing to stay afloat and relevant amid the blows it took when the price crashwd hard. You got to keep a headstrong mindset if you want to bounce back, and going IPO is the way to go, at least for them.

nutildah

legendary

Activity: 3010

Merit: 8114

Quote from: davis196 on December 21, 2018, 01:39:25 AM

Quote from: mycoinrisk on December 20, 2018, 11:49:50 PM

I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.

Check out this article I wrote here

BTC BTC BTC

1.I though that BCH no longer exists,it's replaced by the two forked coins (BSV and the other one,I forgot it's name).
2.Buying "BCH" or any other altcoin has nothing to do with launching an IPO.Why do you think there's a connection between buying altcons and IRO.Buying a bunch of altcoins won't improve the poor earnings report of Bitmain.

1. It exists. During the brief "hash war" it was referred to as BCHABC; after they won they retained the BCH title and BCHSV became "BSV."

2. It has everything to do with Bitmain, as they already own a lot of BCH, a high BCH price at the end of the year will look good on their balance sheets, perhaps serving to offset some of the tremendous losses they incurred by mining at a loss all year.

davis196

hero member

Activity: 3192

Merit: 939

Quote from: mycoinrisk on December 20, 2018, 11:49:50 PM

I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.

Check out this article I wrote here

BTC BTC BTC

1.I though that BCH no longer exists,it's replaced by the two forked coins (BSV and the other one,I forgot it's name).
2.Buying "BCH" or any other altcoin has nothing to do with launching an IPO.Why do you think there's a connection between buying altcons and IRO.Buying a bunch of altcoins won't improve the poor earnings report of Bitmain.

BTCgrinders.com

copper member

Activity: 474

Merit: 3

Exclusive Crypto Rebates for Poker/Sports/Trading!

It's not impossible for BTC to move $2000 up or down either way by 2019. Our analysts do not believe it will fall below $2000 or go above $6000 by 2019 however. Full capitulation could have already happened and the current all time high could be in place for another 3-10 years.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: mycoinrisk on December 20, 2018, 11:49:50 PM

I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.

Check out this article I wrote here

BTC BTC BTC

your link isnt opening for me....

mycoinrisk

newbie

Activity: 12

Merit: 1

I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.

Check out this article I wrote here

BTC BTC BTC

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