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Is Bitcoin in trouble?

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no

Capture.PNG
 
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No, this is pretty usual. 60 to 56k isn't a crash, it's a correction FYI.
 
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No, until it's a yes.
 
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no but some greedy over leveraged traders lost a lot of money though..

trog
 
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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
 
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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
 
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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.
 
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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
 
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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.
 
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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?
 
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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

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

Frank_100

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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.

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