Is anyone still holding Bitcoin, Ether, or Litecoin?

[Otters27]

How low is this going to fall?

[Sam Odom]

may go btc = 0.50

[Goatman]

I don't claim to be a soothsayer but I think we've reached a support level... at least I hope so. Just cashed out my Super Bowl winnings and will receive them in BTC. Hoping to make a little more on an upswing before converting most of it to USD.

[Hman]

Withdrew from Coinbase immediately upon approval the other day, thank goodness.

[jayc88]

below 5000 and then go under 1000 and probably stay between 100 and 1000 entire year

[turtlejc]

wonder how many divorces im going to see start popping up on facebook

[hotcross]

^^^ "until death do us part"

or poor timing in the bitcoin market

[jtoler]

The elite always get involved when they see people are making money.

[RudyRuetigger]

the best news possible for sports bettors is that it goes to $10

[Roscoe_Word]

The elite always get involved when they see people are making money.

That's right. Once they started talkin about it on financial programs, I kinda thought the good times were over. Like some analysts say "A bubble always bursts"

[grease lightnin]

below 5000 and then go under 1000 and probably stay between 100 and 1000 entire year

Why do you think this?

[MalikHusam]

the best news possible for sports bettors is that it goes to $10

It may become usable for sportsbetting again, even if your unit isn't '5 dimes'

[Rich Boy]

Once insiders starting selling that was the sign the party was over.

I love how they tried to rationalize it so as not to scare investors.

[RudyRuetigger]

very weird

none of the fukkin crypto experts are here to let you know

you know the same ones that made the 35+ page threads

[ByeShea]

Why do you think this?

Because he owns none?

[hotcross]

very weird
none of the fukkin crypto experts are here to let you know
you know the same ones that made the 35+ page threads

well we got 3-4 if not 5-6 crypto threads already

no way in hell we are going to have serious conversation in a thread started by Otters.

[DOM_Toretto]

Otters go fukk yourself

[RudyRuetigger]

well we got 3-4 if not 5-6 crypto threads already

no way in hell we are going to have serious conversation in a thread started by Otters.

have you seen a crypto thread bumped lately by these experts?

[hotcross]

its true, they've been quiet. I get your point. Lotta cheerleading when entire market was like shooting fish in a barrel.

[jayc88]

Why do you think this?

Bitcoin is a textbook burble which is bursting at the moment. Even if the technology will still be used in the next years i don’t see how fair value can be above 1000. Remember Bitcoin was below 1 usd when it started, if it stays around 1000 that is still 100000 % from its opening price. Now go find any asset or stock that gradually went up 100000 % over the years and you will not find one. Even Apple only gained around 15000 % from its launching price.

[grease lightnin]

Bitcoin is a textbook burble which is bursting at the moment. Even if the technology will still be used in the next years i don’t see how fair value can be above 1000. Remember Bitcoin was below 1 usd when it started, if it stays around 1000 that is still 100000 % from its opening price. Now go find any asset or stock that gradually went up 100000 % over the years and you will not find one. Even Apple only gained around 15000 % from its launching price.

Hmm.

This is a compelling argument

[jjgold]

Ether lost half my profit

[The Kraken]

Wall Street won again, pounded both sides. Drove the price to 20k and cashed out, then cashed in on the shorts

The objective was accomplished, to decimate public trust in cryptos and make it even that much harder for it to become mainstream.

[thechaoz]

I hope it tanks because I'll be bullish as all hell

[HurryUpAndDrink]

Wall Street won again, pounded both sides. Drove the price to 20k and cashed out, then cashed in on the shorts

The objective was accomplished, to decimate public trust in cryptos and make it even that much harder for it to become mainstream.

THIS is what HAPPENED

[Hman]

Approaching $6500

[pavyracer]

I'd buy at $750.

[Grits n' Gravy]

My dad is the one in the family who took the time to learn all the crypto shit. He sold half of what we had in early Dec for a nice cashout. The rest he wants to sit on and use for various business transactions.

[jjgold]

When shorting was allowed on legal futures exchanges in USA the true price was revealed

[Plaza23]

I'm holding and investing more.

BitCoin was as high as 20,000. It's near 6,000 now.
Ripple was as high as 3.31. It's near 0.65
Lite Coin was as high as 430. It's now 112.
Ether was as high as 1,400. It's now 600.

If you know how high these things can go, then why wouldn't you buy in at the levels they are now?

Buy low, sell high. Something selling at a discount of 65% off it's peak...yeah I'm buying.

[hotcross]

yep bought a little BTC at 6500 right here and keep watching days ahead

only reason because this was my target range projection

looks like it still may fall some more

[TheMoneyShot]

Wall Street won again, pounded both sides. Drove the price to 20k and cashed out, then cashed in on the shorts

The objective was accomplished, to decimate public trust in cryptos and make it even that much harder for it to become mainstream.

The elite rich have all the inside information.

[HurryUpAndDrink]

I'm holding and investing more.

BitCoin was as high as 20,000. It's near 6,000 now.
Ripple was as high as 3.31. It's near 0.65
Lite Coin was as high as 430. It's now 112.
Ether was as high as 1,400. It's now 600.

If you know how high these things can go, then why wouldn't you buy in at the levels they are now?

Buy low, sell high. Something selling at a discount of 65% off it's peak...yeah I'm buying.

Fukkin spot on.

People know BTC has dipped this way once a year or every 2 years... ALWAYS TO RISE AGAIN

Yet they keep freaking out. Market aint going nowhere this is just a new never seen before market stabilizing.

Great time to buy 8k and below. Ill wait a bit see if it dips a bit more and try as hard to scrounge whatever I have to buy in... and hold.

[HurryUpAndDrink]

Not to mention BUY ETH Ripple and IOTA... Top 3 coins to hold longterm

I like ADA A LOT as well.
Dont know about LiteCoin I dont have much trust in it!

[El Nino]

I'm holding and investing more.

BitCoin was as high as 20,000. It's near 6,000 now.
Ripple was as high as 3.31. It's near 0.65
Lite Coin was as high as 430. It's now 112.
Ether was as high as 1,400. It's now 600.

If you know how high these things can go, then why wouldn't you buy in at the levels they are now?

Buy low, sell high. Something selling at a discount of 65% off it's peak...yeah I'm buying.

That's not a great analogy. Have you been buying gold (which actually has value, regardless of the market) saying, well it went to $1,860 in 2012...surely it can go that high again? Cryptos have lost $60 billion dollars of their market value in a very short time. Thinking it is sure to go back to $20k/coin is foolish. You could be buying in at $6,500 and it could go to below $1K. Nobody knows, nobody can predict charts, correlation trends. It's one giant monkey fukk in speculation. This shit is manipulated far above any average Joe's head.