Is Bitcoin in trouble?

Shrek · Apr 19, 2021

Bitcoin suffers flash crash following week of crypto hype - CNN

Final_Fighter · Apr 19, 2021

no

evernessince · Apr 19, 2021

No, this is pretty usual. 60 to 56k isn't a crash, it's a correction FYI.

erocker · Apr 19, 2021

No, until it's a yes.

trog100 · Apr 19, 2021

no but some greedy over leveraged traders lost a lot of money though..

trog

R-T-B · Apr 19, 2021

erocker said:
No, until it's a yes.

It's never been a yes to date. Just a waiting game for it to rise again.

Final_Fighter · Apr 19, 2021

R-T-B said:
It's never been a yes to date. Just a waiting game for it to rise again.

this.

trog100 · Apr 19, 2021

one coin neo i had kind of written off actually went up by 35% over the last 24 hours.. odd that.. they used to call it the chinese etherium..

its gone up 100% over the last week..

trog

trog100 · Apr 19, 2021

neo went up more than the doggy coin last night.. in fact neo went up more than anything.. maybe i didnt make a mistake when i swapped 25 litecoin for 25 neo back in 2017..

trog

watzupken · Apr 19, 2021

These sorts of pattern is common. Big time player will have to sell their holdings at some point to crystalize their gains. Considering how volatile the investment is, you need to take profit at some point before it crash and burns.

trog100 · Apr 19, 2021

watzupken said:
These sorts of pattern is common. Big time player will have to sell their holdings at some point to crystalize their gains. Considering how volatile the investment is, you need to take profit at some point before it crash and burns.

thats is not what tesla and a few others think.. he he..

trog

erocker · Apr 19, 2021

R-T-B said:
It's never been a yes to date. Just a waiting game for it to rise again.

Best of luck!

R-T-B · Apr 19, 2021

erocker said:
Best of luck!

Not playing anymore. I couldn't stop compulsively checking, thus it was high stress.

There are more important things in life than money.

Hardcore Games · May 13, 2021

ransomware is the main driver for speculating on bitcoin

R-T-B · May 13, 2021

Hardcore Games said:
ransomware is the main driver for speculating on bitcoin

Banks are investing large sums now. Thinking like this is delusional.

At any rate, do we really need two price threads? This seems to have developed into "camp bear" while the other is "camp bull." Why can't we just have a "price" thread?

micropage7 · May 13, 2021

evernessince said:
No, this is pretty usual. 60 to 56k isn't a crash, it's a correction FYI.

basically it's normal. some traders just said if you can't handle spike in crypto currency just don't enter it

64K · May 13, 2021

I don't know anyone that mines outside of the miners that post here on this site but judging from that I think they all seem to have a good grasp that mining is pretty much gambling.

Caring1 · May 13, 2021

Bitcoin is in biiiiig trouble, please send all your Bitcoin to my room. :laugh:

Frank_100 · May 13, 2021

As long as China, USA and a whole slew of other nations have capitol controls crypto will have some value. You may not be able to purchase it on an open exchange but capitol controls

ensure crypto will have a long life.

Hardcore Games said:
ransomware is the main driver for speculating on bitcoin

Moving money across borders Tax free is the main driver for crypto. With crypto you can email your money to where-ever. Gold is too heavy and attracts too much attention. Gold belongs in a vault. Wired money is Taxed.

Hardcore Games · May 14, 2021

Frank_100 said:
As long as China, USA and a whole slew of other nations have capitol controls crypto will have some value. You may not be able to purchase it on an open exchange but capitol controls

ensure crypto will have a long life.

Moving money across borders Tax free is the main driver for crypto. With crypto you can email your money to where-ever. Gold is too heavy and attracts too much attention. Gold belongs in a vault. Wired money is Taxed.

All I know is that, being a gamer, it dismays be to see gaming cards perverted like this.

GorbazTheDragon · May 14, 2021

For bitcoin to be in trouble you have to look a bit further than a 4 hour drop...

Hardcore Games · May 20, 2021

yesterday my eyes bugged out when bitcoin dipped below $30k

DeathtoGnomes · May 20, 2021

with a source like CNN, you'd have to completely ignorant to believe what they say. CNN is heavily trying to fearmonger, making it sound worse than it actually is. There are so many other and much better sources to get Bitcoin/crpyto news.

Basically this thread is FUD.

candle_86 · May 20, 2021

Frank_100 said:
As long as China, USA and a whole slew of other nations have capitol controls crypto will have some value. You may not be able to purchase it on an open exchange but capitol controls

ensure crypto will have a long life.

Moving money across borders Tax free is the main driver for crypto. With crypto you can email your money to where-ever. Gold is too heavy and attracts too much attention. Gold belongs in a vault. Wired money is Taxed.

It's only TAX free until the IRS notices and you get hit with a tax bill you can't possibly imagine, also moving more than 10k out of the country without declaring it is a felony, and the IRS is getting smarter at crypto, before long they will start requring crypto exchanges to report accounts, and names to the IRS for audit purposes or risk being hit with tax evasion at the exchange level and having everything stored at the exchange seized. That's the future

Hardcore Games · May 21, 2021

The main reason for the crackdown is all of the ransomware attacks

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Is Bitcoin in trouble?

Shrek

Final_Fighter

evernessince

erocker

*

trog100

R-T-B

Final_Fighter

trog100

trog100

watzupken

trog100

erocker

*

R-T-B

Hardcore Games

R-T-B

micropage7

64K

Caring1

Frank_100

Hardcore Games

GorbazTheDragon

Hardcore Games

DeathtoGnomes

candle_86

Hardcore Games

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