Bitcoin is crashing hard [surprise....]
- Thread starter bartosimpsonio
- Start date
- Jun 20, 2013
- 11,486
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Billy Batts
BANNED
- Dec 16, 2016
- 5,883
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Pfff you must be fun at parties, that was nothing, innocent joking.
D
Deleted member 969102
Guest
Just wondering, Is anyone here shorting their BTC?
Total Noob
Banned - By Request
- May 10, 2009
- 2,446
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http://www.zerohedge.com/news/2017-01-11/path-10000-bitcoin
"OK, so 1/10th of 1% of global financial wealth flowing into bitcoin strains credulity. Let's make it 1/20th of 1%, or $150 billion. That still pushes bitcoin's market cap and price up 10-fold.
That's the pathway to $10,000 bitcoin. Unlikely, you say? Perhaps. But if you're of the mind that $500 trillion in current assets might be revalued considerably lower in a global crisis, then a tiny sliver of that fast-evaporating wealth finding a home in bitcoin (or other cryptocurrencies) doesn't seem all that farfetched."
"OK, so 1/10th of 1% of global financial wealth flowing into bitcoin strains credulity. Let's make it 1/20th of 1%, or $150 billion. That still pushes bitcoin's market cap and price up 10-fold.
That's the pathway to $10,000 bitcoin. Unlikely, you say? Perhaps. But if you're of the mind that $500 trillion in current assets might be revalued considerably lower in a global crisis, then a tiny sliver of that fast-evaporating wealth finding a home in bitcoin (or other cryptocurrencies) doesn't seem all that farfetched."
I hold my BTC.
I bought in 2014, when 1 BTC was around 300$.
Shortly after I bougth, the value dropped to 140$, and I was really pissed off.
I dont cared about BTC for 2 years, to see it hitting the 1000$ mark in December 2017.
Even if it dropped to 900$ an lower, it is still twice as much as back in 2014.
So dont panic. The Bitcoin was going crazy in December. Now it's back to normal.
I bought in 2014, when 1 BTC was around 300$.
Shortly after I bougth, the value dropped to 140$, and I was really pissed off.
I dont cared about BTC for 2 years, to see it hitting the 1000$ mark in December 2017.
Even if it dropped to 900$ an lower, it is still twice as much as back in 2014.
So dont panic. The Bitcoin was going crazy in December. Now it's back to normal.
ryanjh5521
Newbie
- Dec 22, 2013
- 17
- 0
Im not sure this is wholely responsible for the bitcoin price surges but the election has been influencing a lot of other financial aspects in the US.
Larry Igna
Power Member
- Nov 25, 2016
- 663
- 717
Still exists, but not worth for individuals.
Larry Igna
Power Member
- Nov 25, 2016
- 663
- 717
1. Get a job where they pay you btc
2.Sell things (services or products) for btc
.
.
.
Q:Why earning btc should be any different from earning USD?
A: Because faucets
Detailed answer: with any btc faucet out there you won't be able to earn enough to make it worth.
Hint: build your own faucet, that might earn you money.Might..
2.Sell things (services or products) for btc
.
.
.
Q:Why earning btc should be any different from earning USD?
A: Because faucets
Detailed answer: with any btc faucet out there you won't be able to earn enough to make it worth.
Hint: build your own faucet, that might earn you money.Might..
That faucet method is stealing from others. Am I right
You mean to say losing your money while investing is a dummies's thing ?
tokstesla
Supreme Member
- Aug 21, 2016
- 1,209
- 268
Any idea where i can find places that earn in btc?
- Mar 21, 2013
- 24,695
- 31,481
There are large directories dedicated entirely to places which pay/accept BTC just search for Bitcoin business directory or Bitcoin affiliate program and you'll find some.
tokstesla
Supreme Member
- Aug 21, 2016
- 1,209
- 268
Thanks Uncle Bart
Purush
Elite Member
- Jul 12, 2016
- 6,750
- 2,427
thats how trading is working. You need to be careful in your average and leverage otherwise the whole hand would be burn it out. To save your capital dont run behind winners because some little hurdle would make the big hole in the price. Buy when its consolidating that too 30 - 50% of your money.
russianhacker
Newbie
- Jan 11, 2017
- 4
- 0
TBH, this was expected. as normal currencies, this is a typical trend after drastic price surges. no need whine, keep your eggs in many baskets
- Mar 21, 2013
- 24,695
- 31,481
You're welcome. But the name's El Barto.