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BTC drop: everything you need to know

Discussion in 'CryptoCurrency' started by BigTroll, Feb 5, 2018.

  1. SamLewis

    SamLewis Senior Member

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    BRB, just opening a new thread stating real reasons for the drop. And its not because idiots think its FUD, noobs and Korea. Guess what the B word burst.
     
  2. SamLewis

    SamLewis Senior Member

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  3. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    If they destroy Bitcoins, what will happen to the investments they made in it ?
     
  4. BigTroll

    BigTroll Jr. VIP Jr. VIP

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    We knew tether had no future. It will die.
    There are 21m bitcoins. A huge % were lost.
    Planet population: 7.4billion

    I also find tether as a scam, when tether was hacked and a few billions have evaporated, but next day they created new tethers.
    Tether is described by Coindesk as “a proxy for the US dollar that can be sent between exchanges, notably including Bitfinex, Poloniex and other markets without fiat trading.”
    You should treat tether as a regular coin. There were plenty of scam coins.

    [​IMG]
     
    Last edited: Feb 5, 2018
  5. Makroy

    Makroy Power Member

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    3A466DC9-77DD-4A2E-9BC0-FF8EF848D99E.jpeg 100k :D
     
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  6. Sophie

    Sophie Elite Member Premium Member

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    I'm not going to side anyone here lol. I'll sit on the fence.

    But there's something more important coming up:
    https://www.sec.gov/news/upcoming-events

    Feb. 6, 2018 | 10:00 am EST

    Whatever is gonna be said will worsen, if not, move the price back up.

    Let's stay tune.
     
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  7. pofigy

    pofigy Senior Member

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    [​IMG]
     
  8. ttmschine

    ttmschine Power Member

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    I'd imagine that since the bankers don't want it, or the govts, and it's dropping like a brick, they'll know that if they give it a good kick the whole thing will collapse - so I expect that's what they'll do.
     
  9. Witicagnall4435

    Witicagnall4435 Jr. VIP Jr. VIP

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    2 possibilities in my opinion:
    1. they've already cashed out (at the peak, most probably);
    2. they've never invested in it. Remember: I am talking here about that 1%...the richest people who own corporations, banks, governments etc.
     
  10. kasher9

    kasher9 Jr. Executive VIP Jr. VIP

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    The funny thing is OP talks about FUD or FOMO or whatever fucking shit traders are calling it these days yet ironically he just created some himself by saying all this. This board is fairly big, uncorroborated shit like this can do irreparable damage to business/markets. Be careful what you say OP, @Sherb is right.

    An example of this is tron- that got SO much hype from bhw alone and then ceo and other big whales dumped on you guys for effectively a shitcoin. Kudos, you guys played yourself

     
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  11. mickyfu

    mickyfu BANNED BANNED

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    Bitcoin Drop Everything You Need To Know...

    You was wrong, I was right.
     
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  12. soa0611

    soa0611 Elite Member

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    Why all these 100k predictions? This crypto topic opened unmature side of BHW for me. more i read crypto currency section - more i think here are a lot of 13 y.o. "investors"
     
  13. Themanhere

    Themanhere Regular Member

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    Thanks BigTroll, just re-mortgaged my home - It's time to make some rebound money!
     
  14. BigTroll

    BigTroll Jr. VIP Jr. VIP

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    I'm not here to represent BTC, just saying the truth. If my FUD reflects into btc price, ok, you can blame me for this too.

    It is not a fucking prediction, just a personal opinion.
     
  15. kasher9

    kasher9 Jr. Executive VIP Jr. VIP

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    The truth is based on what evidence? I'm not trying to say you're not right (I can't say yes or no, but I don't think anyone can), I'm trying to say you should corroborate what you're saying if you're gonna make claims in a big board like this.

    Also this: a few years ago, switzerland left the free movement/trade agreement they had with EU. As a result not only did the CHF currency change that day, but so did EU currency. As a result, GBP was affected too (momentarily) amongst other currencies.

    My point from this is, whilst you only created FUD on btc, your FUD could ripple (NO pun intended) out to other coins. It's why 1000s of shitcoins bubbled in oct-jan.

    FYI: I can't prove the above, it's just my opinion. But that's my point, most of the crap you hear about crypto is just opinion, at the very least I tried to corroborate it somewhat.
     
  16. soa0611

    soa0611 Elite Member

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    anyone thinks that BTC organic growth stopped at its natural 5k$ , right before Tether started printing their "money" in Oct/Nov?
     
  17. ttmschine

    ttmschine Power Member

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    FUD = roman numerals for 7 years old.

    At least that's what you all sound like when you start with your silly infantile words/acronyms/nonsense (delete as applicable)
     
  18. LostKing

    LostKing Senior Member

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    It's down to 6.5k :D
     
  19. hippo123

    hippo123 Jr. VIP Jr. VIP Premium Member

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    Cryptocurrencies make up only a tiny fraction of U.S. and world GDPs (3.2 percent and 0.8 percent, respectively), the dot-com bubble was much more significant in the U.S. and globally (101 percent and 31 percent, respectively)

    Interesting to note.
     
  20. Alfon

    Alfon Regular Member

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    Never invest money that you can't afford to lose. I don't give a fuck about current prices I only check my wallet every X days only to make sure I didn't get hacked lol.
     
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