Great to know future boy. Now I'm convinced to sell my three wives and children into this magic money scheme.
Is bitcoin officially in Freefall?
- Thread starter Mr Spectre
- Start date
Great to know future boy. Now I'm convinced to sell my three wives and children into this magic money scheme.
MikeyMikey13
BANNED
- May 25, 2014
- 2,340
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So you are telling me you can sell your wife/children, then just leave btc im your Local BTC account???
sign me up $£$
THUNDERELVI
Elite Member
- Sep 12, 2009
- 2,551
- 2,305
What's the token distribution like? I can't find that info anywhere on the site or whitepaper (just skimmed through it though as it's 48 pages).
What price are you buying in for BTC & ETH? In your opinion, will it go lower than $3k or should we buy then tops? Before you mention it, yes I know you can't predict the market, but I am just asking for your opinion
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Webbers UX
Elite Member
- Apr 3, 2010
- 4,944
- 5,288
What price are you buying in for BTC & ETH? In your opinion, will it go lower than $3k or should we buy then tops? Before you mention it, yes I know you can't predict the market, but I am just asking for your opinion
I'm not buying atm since I'm busy investing in other projects but I will be participating in the Virtue.Poker ICO.
I'm not good at predictions, the market is crazy with news coming in everyday.
Luka
staypositive
Supreme Member
- Jul 28, 2015
- 1,433
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1) banks wont allow BTC to survive , cox it cut their profit
2) governement dont want BTC becox it made them cnanot control the fund and AML issues
3) gov and banks will ban these BTC related accounts
4) BTC will fall for a while until ppl found a way to fit in banks and gov interests.
its not the technologies that dies. its juz too many shareholders in the market. everyone ( gov. / banks ) wants a cut.
my 0.00002 cents.
2) governement dont want BTC becox it made them cnanot control the fund and AML issues
3) gov and banks will ban these BTC related accounts
4) BTC will fall for a while until ppl found a way to fit in banks and gov interests.
its not the technologies that dies. its juz too many shareholders in the market. everyone ( gov. / banks ) wants a cut.
my 0.00002 cents.
Webbers UX
Elite Member
- Apr 3, 2010
- 4,944
- 5,288
1) For many years people have been losing trust in banks & government, which is one major reason BTC & CryptoCurrencies are becoming popular. + Banks are complex when it comes to sending mone while Cryptos are VERY simple.
2) True. However they will try to control it else they'll be losing money. IMO down the road they'll simply have to accept the fact that it's become a mainstream currency and certain things will have to change.
3) I don't think a bank can really ban BTC. If banks start banning BTC, people would withdraw their money. I know I would if my bank didn't allow me to use MY funds the way I want - Without a doubt. They don't get to dictate how one spends their money.
4) Banks/Gov don't have a say on how long or how much it will fall. They can try to influence it (just like JP Morgan's CEO did) , but not make it fall until they are ready to use it to their own interest. I think by the end of the month LATEST, BTC will be going back up.
THUNDERELVI
Elite Member
- Sep 12, 2009
- 2,551
- 2,305
Oh, I actually asked you about the poker site, but I put the question inside the quote sorry, silly me. Anyway, here it is again:
What's the token distribution like? I can't find that info anywhere on the site or whitepaper (just skimmed through it though as it's 48 pages).
- Mar 21, 2013
- 24,784
- 31,554
Bitcoin went from $ 1200 to 5000 in a couple of months. It would obviously face some profit taking at some point, I think the current downturn is totally expected.
THUNDERELVI
Elite Member
- Sep 12, 2009
- 2,551
- 2,305
1) Wrong, paper money and the current way international transfers work costs banks A LOT OF MONEY. Not to mention it takes days/weeks for confirmation. That's why the Federal Reserve and the Central Bank of England are testing the Ripple technology, because it will DRASTICALLY reduce their costs. So, banks want a cryptocurrency, but that doesn't mean they will implement BTC though.
2) Wrong again, whoever thinks BTC is anonymous has just read a couple of paragraphs in the first article that pops up in Google. It's not anonymous at all, especially since you are buying it with fiat currency anyway at the moment and to do that, you are giving away your details (CC or bank account).
3) Wrong, governments and banks might ban BTC and all the other 1k+ alts, but they won't ban the technology. They will simply take it, re-brand it, develop it further to make it centralized & controllable and then launch it as their own currency. Again, see Ripple as explained at point 1.
4) No one knows. My prediction is every government will implement its own cryptocurrency that will replace current fiat currencies in the very near future. But whether they will take BTC/ETH/whatever or develop their own as mentioned in point 3, that remains to be seen...
DigiSoft
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- Jul 28, 2011
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IAmNotLegend
BANNED
- Mar 13, 2014
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It's a 150+ billion dollars market. Soon it is going to takeover Visa and Mastercard in terms of market cap. So, believe it or not much much money is at stake and billions of dollars won't convert into dust.
@THUNDERELVI The next resistance for BTC fall is at $3200, so it can fall to that level. There are mixed news right now in market ( One of the major exchanges of China will hault trading by end of October). While the official sources are coming up that there is no ban on BTC in china.
$3500 is a good enough price. It will retain the $5k price after this correction. It is upto you on how much profit you want. But buying at $300 less price won't make much of a difference unless you buying very large quantities of BTC.
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Centimetro
Newbie
- Aug 30, 2017
- 45
- 15
Thoughts: Glad I sold everything in anticipation. Thanks Charlie Lee.
Too bad people abused him, he will probably keep his exclusive info to himself next time
raregem009
Senior Member
- Jun 21, 2016
- 958
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How do you know where the next resistance for BTC is? I see people say this all the time but i just want to learn how to discover the Resistance point
Sherb
Ban reason = Abuse of Mods
- Dec 26, 2010
- 1,968
- 18,139
Whoops. Let me update this post for changes in the past two hours. In the past week:
- BTC has dropped 28%
- ETH has dropped 31.48%
- LTC has dropped 40.97%
And right on time, the expected Coinbase technical issues:
We're currently experiencing delays in processing some BTC transactions. Recent or new outbound and inbound transactions may remain pending longer than expected.
SamLewis
Supreme Member
- Oct 25, 2012
- 1,343
- 1,058
Where are the official sources?
RAYRAY7
Regular Member
- Nov 17, 2007
- 403
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The ELITES will eventually crash Bitcoin as it was used as a platform to get people used to virtual currency. If you think the central banks of controlling countries will surrender control you should get your head examined. The only question will be who will be the last suckers standing when it completely collapses? Buy gold, silver, and hold on to them for any currency crash would increase their value.
IAmNotLegend
BANNED
- Mar 13, 2014
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Read here - http://www.cryptocoinsnews.com/bitcoin-price-falls-to-3450-but-analysts-are-not-worried/
Actually resistance is when Bitcoin is rising and when falling it is called support level. Read here - https://www.coindesk.com/bitcoin-traders-know-technical-analysis/
silverleafy
Supreme Member
- May 31, 2015
- 1,253
- 228
- LTC has dropped 40.97% - poor guys that bought lots of them XD
greymoon
Junior Member
- Aug 26, 2017
- 192
- 90
lol maybe it will rise 100% later ;DD
dud leave crypto if you thin that after some china crap you need to be sad or what.. loosers will quit now others will join and bank its normal