Recently realized that I should always resist the urge to have a precise target. Target prices should always be ranges. There are many possible floor prices which each have different probabilities. If you do this, then you should almost always have money on the side waiting for the price to fall further (especially if you don't have a stream of new income coming in that you plan to invest).
I don't think $3210 was the bottom, but there is always a chance that it could be (say 5%). It looks like we're crashing into the $2000s and maybe even the lower range ($2000-$2500). I'm not sure if any of the "analysts" have any support levels in the $2000s in which case it'll be harder to bottom there. But Bitcoin has done weird things before. And it makes sense that we'll create some new support levels betweeen $1200 and $3000 because the range is so large.
Topic: nrd525 Market Tracker - page 18. (Read 82745 times)
Litecoin is around 93% off its $360 high. Maybe it never really held any authority/value for being the oldest alt-coin. The other old alt-coins never amounted to much (Name Coin and was it Peercoin or PPC?).
The hype/news/promo makes the coin and even though Bitcoin Cash (ABC and SV) are flailing around, they are still very popular.
The hype/news/promo makes the coin and even though Bitcoin Cash (ABC and SV) are flailing around, they are still very popular.
New low $3210 (Bitstamp).
I've placed major bid orders from 1k to 2k.
I'm not sure whether to call you an optimist or a pessimist. The odds of it going that low are minuscule.
A reminder that I was more into a 1k-2k bottom, before I went with 3k.
https://medium.com/bitfinex/bitfinex-announces-tether-neutrality-and-launches-new-stablecoin-pairs-a84b7ccbfd86
I'm confused. Shouldn't Tether trade for 1 USD on Bitfinex? Or have they finally fixed their withdrawal issues?
I'm confused. Shouldn't Tether trade for 1 USD on Bitfinex? Or have they finally fixed their withdrawal issues?
Tone Vays endorses my 3k target! (well 3.2k)
https://www.youtube.com/watch?v=39GL75FNpJQ
Around the 8:20 minute mark
https://www.youtube.com/watch?v=39GL75FNpJQ
Around the 8:20 minute mark
New low $3450. Ha, I was going to post that the previous low looked like it might hold for a while. 3k might not hold (of course me saying 3k might not hold is a sign of capitulation).
I still think the altcoins need to decouple a bit more (and drop in price) vs bitcoin. Though in the last bull market the alts peaked after bitcoin, so they could bottom before or after bitcoin does. (I'd been thinking they'd do it before - but that might be weak reasoning).
I still think the altcoins need to decouple a bit more (and drop in price) vs bitcoin. Though in the last bull market the alts peaked after bitcoin, so they could bottom before or after bitcoin does. (I'd been thinking they'd do it before - but that might be weak reasoning).
PM me if you want to send me a BTC (or other) donation =)
$3645 (Coinbase/Bitstamp).
$3645 (Coinbase/Bitstamp).
Buying at 4780 and lower (more heavily in the 2k-3.5k range). Bitcoin down to 4220 (Coinbase). I think the altcoins are in for an even bigger fall. For instance, XRP is holding up at 44 cents.
Bitfinex longs
https://www.tradingview.com/symbols/BTCUSDLONGS/
Bitfinex shorts.
https://www.tradingview.com/symbols/BTCUSDSHORTS/
Bitfinex longs
https://www.tradingview.com/symbols/BTCUSDLONGS/
Bitfinex shorts.
https://www.tradingview.com/symbols/BTCUSDSHORTS/
4865 on Bitstamp and Coinbase (good job arbitragers!). 5030 on Bitfinex (Hi Tether bag holders)
Down to 5190 on Bitstamp/Coinbase!
Bitcoin 5558 on Coinbase. (4-5% more on Bitfinex). No news behind it. Other than breaking the downward sloping triangle and many us have been expecting a breakdown for months.
I guess if we've learned anything from Bitcoin Cash - don't under-estimate the hard forkers. Though Craig Wright is a largely unlikeable maniac who lacks 1/10th of the marketing skills of Roger Ver. On the other hand, he has impressive mining pool power. So we saw BitcoinCash goes as high as 0.4 - 0.5 BTC (especially on the Coinbase market where trading was frozen/highly irregular).
Each hard (or soft) fork should generally be weaker than prior ones (ex. see how bitcoin gold, diamond, and super bitcoin have petered out). However Bitcoin Cash has a small market cap and is easier to manipulate.
I guess if we've learned anything from Bitcoin Cash - don't under-estimate the hard forkers. Though Craig Wright is a largely unlikeable maniac who lacks 1/10th of the marketing skills of Roger Ver. On the other hand, he has impressive mining pool power. So we saw BitcoinCash goes as high as 0.4 - 0.5 BTC (especially on the Coinbase market where trading was frozen/highly irregular).
Each hard (or soft) fork should generally be weaker than prior ones (ex. see how bitcoin gold, diamond, and super bitcoin have petered out). However Bitcoin Cash has a small market cap and is easier to manipulate.
The Bitcoin Cash fork is hilarious. Craig Wright is perhaps even more annoying than Roger Ver.
https://www.coindesk.com/bitcoin-cashs-hash-war-solidifies-as-network-hard-fork-approaches
https://www.coindesk.com/bitcoin-cashs-hash-war-solidifies-as-network-hard-fork-approaches
Stock market decline is looking nice and bearish.
It's amazing how much smaller the bounces are getting. We're on dead cat bounce #6? Depends on how you count them.
https://www.coindesk.com/mt-gox-has-sold-170-million-in-btc-and-bch-since-march/
Fairly surprised that the impact on the market has been so minimal. If they stop selling, we might even go up.
Fairly surprised that the impact on the market has been so minimal. If they stop selling, we might even go up.
I think the various FB and other (YouTube finance?) algorithms are dangerous in creating groupthink or bias. For instance, several algos might have figured out that I like stories about bubbles and upcoming recession/crisis/bear market.
Maybe I should be getting all my economic news from a browser where I always dump the cache, and/or use the privacy mode?
https://www.nytimes.com/2018/09/18/opinion/economy-debt-markets-crash.html
Maybe I should be getting all my economic news from a browser where I always dump the cache, and/or use the privacy mode?
https://www.nytimes.com/2018/09/18/opinion/economy-debt-markets-crash.html
Everything Crash, Ethiopians.
https://www.youtube.com/watch?v=QZqVUblgWxY
https://www.youtube.com/watch?v=QZqVUblgWxY
BTC dominance 56%. ETH 190 (recent low of 185). BTC holding on at 6180 (surprisingly stlil above 6k). How much of this is Vitalik saying something along the lines of ETH could fall to zero?
I think BTC is holding these levels, because the current price
is only marginally above the average cost of mining a single
Bitcoin.
I don´t think Vitalik´s statements have anything to do with
the ETH decline. It is just a combination of a lack of interest
in ICOs (only 3 ICOs raised more than 25M $ in the 3rd quarter
of 2018 so far) and previous ICOs that are looking to liquidate their
ETH, which is providing continuous downward pressure on the
ETH price.
Better to get rid of ETH at 190 $ than at 40 $ (a price level,
which is not too far away).
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