1. 11-24-18 03:40 PM #1
    sweep
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    Bitcoin moves to under $4k

    $3860 just now...

    Shows over
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  2. 11-24-18 03:46 PM #2
    The Giant
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  3. 11-24-18 03:46 PM #3
    BigOrange
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    I read that if it falls below $3,200, it's really going to sink from there.
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  4. 11-24-18 03:47 PM #4
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    Quote Originally Posted by sweep View Post
    $3860 just now...

    Shows over
    One of the biggest issues with bitcoin is that the price is easily manipulated by whales and big players in the market.

    It was a great ride for those that got in early and rode it to its top but investing in any crypto right now would be crazy.
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  5. 11-24-18 03:50 PM #5
    sweep
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    Quote Originally Posted by BigOrange View Post
    I read that if it falls below $3,200, it's really going to sink from there.

    Don't blink, $2900 by morning is my guess
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  6. 11-24-18 03:51 PM #6
    CWD
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    https://cryptoslate.com/bitcoin-mine...es-bankruptcy/

    Rigs are scrap metal now
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  7. 11-24-18 03:56 PM #7
    bhoor
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    Everyone said it won't go down below $6k which is what the cost for every BTC mining. I think this is sinking ship.
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  8. 11-24-18 04:03 PM #8
    milwaukee mike
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    supply vs demand, story as old as time

    almost all of these alt coins are going to 0... so many originators had 1-year holds on their holdings, when those are up it's sell at any price

    i got lucky and sold what i withdrew today right before a 400 drop
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  9. 11-24-18 04:17 PM #9
    sweep
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    lets drop those prices in the sbr store
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  10. 11-24-18 04:20 PM #10
    ArunSh
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    Quote Originally Posted by sweep View Post
    lets drop those prices in the sbr store

    Why would they do that heh, it's same amount of $ at the time, $500 in bitcoin etc. whatever the conversion is, not like the things in the store are buying say 1 coin for a certain price, then that might make sense!

    That said, I certainly wouldn't mind if they did that Almost glad they didn't have a Black Friday special on buying bitcoin like I think they did last year - I would certainly have taken advantage and within one day, my "investment" would already have lost like 20-25% of its value!
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  11. 11-24-18 04:25 PM #11
    sweep
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    Quote Originally Posted by ArunSh View Post
    Why would they do that heh, it's same amount of $ at the time, $500 in bitcoin etc. whatever the conversion is, not like the things in the store are buying say 1 coin for a certain price, then that might make sense!

    That said, I certainly wouldn't mind if they did that Almost glad they didn't have a Black Friday special on buying bitcoin like I think they did last year - I would certainly have taken advantage and within one day, my "investment" would already have lost like 20-25% of its value!
    i was referring to cyber monday deal on btc....pretty sure thats when they had the special last year
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  12. 11-24-18 04:28 PM #12
    ArunSh
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    Quote Originally Posted by sweep View Post
    i was referring to cyber monday deal on btc....pretty sure thats when they had the special last year

    Ahh ok. Well if that's the case this year too, guess we shall see. Not sure it's worth the risk at this point but who knows if it ever was! But generally the feeling seems to be much more inclined towards doom than it is towards it going way back up. As always though, who really knows!
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  13. 11-24-18 04:31 PM #13
    ArunSh
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    Despite the $ I've lost with this crash, I can at least be secure that these SBR Book bets are definitely going to win! Take the small victories where you can find them as they say!


    Ticket#:3868773
    Jul 01 12:00 PM     		Jun 28 12:35 AM TNT BITCOIN (BTC) WILL BE OVER $20,000 USD BY 12/1/18
    [2] NO -600    		 3000.00 / 500.00
    Ticket#:3868774
    Jul 01 12:00 PM     		Jun 28 12:36 AM TNT BITCOIN (BTC) WILL BE OVER $15,000 USD BY 12/1/18
    [2] NO -300    		 1200.00 / 400.00
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: PAULYPOKER
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  14. 11-24-18 04:43 PM #14
    jtoler
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    hope nobody still holds coins trying to make money
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  15. 11-24-18 04:58 PM #15
    jjgold
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    show been over a long time

    many think under 500 eventually
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  16. 11-24-18 04:59 PM #16
    chico2663
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    i just keep buying. The lower just means more. If it comes back it is a win. If it loses well it wouldn't be my first loser.
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  17. 11-24-18 05:01 PM #17
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    Quote Originally Posted by chico2663 View Post
    i just keep buying. The lower just means more. If it comes back it is a win. If it loses well it wouldn't be my first loser.
    I would wager its not coming back to anywhere near what people expect or dream of.
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  18. 11-24-18 05:02 PM #18
    chico2663
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    well you never lose anything until it sells or goes under. I have star war toys from the 70's.
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  19. 11-24-18 05:03 PM #19
    chico2663
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    i see it going up in april.
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  20. 11-24-18 05:03 PM #20
    jjgold
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    Chico I will bury you man

    where do you live??

    Lets fight
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  21. 11-24-18 05:08 PM #21
    chico2663
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    Quote Originally Posted by jjgold View Post
    Chico I will bury you man

    where do you live??

    Lets fight
    just come to my ncaa thread. make enough money to buy a pro. Get that aggression out. Houston texas is where I live but donk has your pic at both airports with a reward. So i think you should stay safe.
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  22. 11-24-18 05:10 PM #22
    bonzaii
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    Quote Originally Posted by jjgold View Post
    show been over a long time

    many think under 500 eventually
    Why stop at 500? Why not 50 bucks?
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  23. 11-24-18 05:11 PM #23
    Itsamazing777
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    Funny how people just thought they would keep getting free money.
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  24. 11-24-18 05:13 PM #24
    soobv
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    Tulip bubble all over again. When you really think about it, a hundred years from now people will see the Tulip bubble and Bitcoin as very similar. An "asset" with no true utility peaking at some peoples annual salaries.
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  25. 11-24-18 05:16 PM #25
    soobv
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    I don't see an end in site here. There was a big wave of people who bought between 1,000-4,000 early last year. Many people never sold thinking it would go to 100k. Now that it has done a full 75-80% retracement these long time holders are going to be in a tough situation.

    A) Keep it and take it to the grave (no longer riding with house money)
    B) sell now and lock in a small profit or break even

    Many of those people are choosing option A because there are a lot of weak hands in this market and so many BTC are held by so few people.
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  26. 11-24-18 05:20 PM #26
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    Quote Originally Posted by Itsamazing777 View Post
    Funny how people just thought they would keep getting free money.
    There were plenty of people that made a killing on bitcoin but all good things must come to an end.

    Unfortunately there are people that lost a lot of dough on it as well.
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  27. 11-24-18 05:29 PM #27
    thechaoz
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    The thing that truly kills BTC is it's a pain in the ass and confusing to most people.

    I'm very tech savvy but was even like wtf. I had to really grasp the concept so I didn't "lose" my coins somehow. Just trying to understand the safe process of backing up is whole lesson.

    This turns off most people.
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  28. 11-24-18 05:34 PM #28
    jjgold
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    Quote Originally Posted by chico2663 View Post
    just come to my ncaa thread. make enough money to buy a pro. Get that aggression out. Houston texas is where I live but donk has your pic at both airports with a reward. So i think you should stay safe.

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  29. 11-24-18 05:36 PM #29
    milwaukee mike
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    Quote Originally Posted by thechaoz View Post
    The thing that truly kills BTC is it's a pain in the ass and confusing to most people.

    I'm very tech savvy but was even like wtf. I had to really grasp the concept so I didn't "lose" my coins somehow. Just trying to understand the safe process of backing up is whole lesson.

    This turns off most people.
    yeah but when it was going up like crazy, people would put up with the process

    how in the world are any new investors going to be interested in bitcoin after watching it fall from 20k to 3k... crypto market was always like beanie babies, except that beanie babies are cute and are at least worth SOMETHING, 10 years from now nobody is gonna give you anything for 1 eos or xrp
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  30. 11-24-18 06:04 PM #30
    ddittie
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    its over, it was over the second they stopped allowing ppl to buy bitcoins with ************.
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  31. 11-24-18 06:05 PM #31
    ddittie
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    credit.... cards can't be typed? lol
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  32. 11-24-18 06:10 PM #32
    Bluehorseshoe
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    Quote Originally Posted by icon View Post
    One of the biggest issues with bitcoin is that the price is easily manipulated by whales and big players in the market.

    It was a great ride for those that got in early and rode it to its top but investing in any crypto right now would be crazy.
    Which means it will be manipulated back. Don't buy till Jan.
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  33. 11-24-18 06:13 PM #33
    bhoor
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    The big holders are Russians and Chinese. And US banking cartel/Illuminati/CIA wanted BTC gone.
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  34. 11-24-18 06:20 PM #34
    ChuckyTheGoat
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    Was BtC a ponzi-scheme all along?
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  35. 11-24-18 06:25 PM #35
    bonzaii
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    Quote Originally Posted by bhoor View Post
    The big holders are Russians and Chinese. And US banking cartel/Illuminati/CIA wanted BTC gone.
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