Bitcoin Price Tracking & Discussion -- 2020

[raiders72001]

$96m BTC liquidated at BitMex.

[raiders72001]

Max Keiser is making some big predictions for bitcoin. He's done this a lot in the past with smaller coins causing some big gains.

[raiders72001]

Mining upgrades and deliveries were halted by quarantines in China. Some mining pools are located in quarantined areas. These things should help the price.

https://news.bitcoin.com/coronavirus...itcoin-miners/

[Optional]

Best time to buy each month
Following on from last week's analysis that it's best to buy Bitcoin on Fridays and sell on Mondays, comes a similar analysis from crypto trader Income Sharks. He told his 21,000 followers that for 10 of the past 11 months, buying at the start of the month and selling after ten days was profitable, and that in nine of those months it was also profitable to buy at the start of the month and sell at the end. "Dumps tended to be in the middle/end," he said.



Also reading something about $60 million worth of new tether might mean a bitcoin price increase? Anyone know about this?

[raiders72001]

Best time to buy each month
Following on from last week's analysis that it's best to buy Bitcoin on Fridays and sell on Mondays, comes a similar analysis from crypto trader Income Sharks. He told his 21,000 followers that for 10 of the past 11 months, buying at the start of the month and selling after ten days was profitable, and that in nine of those months it was also profitable to buy at the start of the month and sell at the end. "Dumps tended to be in the middle/end," he said.



Also reading something about $60 million worth of new tether might mean a bitcoin price increase? Anyone know about this?

Normally it does mean an increase in price. There are many factors pointing to a bitcoin increase but it fallen the last week. Maybe the coronavirus is moving the price in the opposite direction of what was first thought.

Another $60m tether was minted on ETH. Binance ran out of USDT and couldn't meet margins. A total of $120m tether was minted in the last week. Tether did a chain swap and seems to be leaving TRON for ETH. I'm still really high on ETH with 2.0 being released in a few months.

[raiders72001]

I think it bottomed out. Time for a recovery.

[Arky]

I think it bottomed out. Time for a recovery.

Yep. There were several 20-40% dips on the way up to Dec '17. This may be the first one of this period. Actually if $8600 is the bottom, then it is a pretty mild dip....

[floki]

bought some btc today, hoping for a big move in the next 3-4 months

[floki]

staying with my plan, not worried at all

[Sam Odom]

$6,109.88

[JAKEPEAVY21]

Cryptos and the stock market getting pounded. Is there any end in sight? The world has gone into mass hysteria and most people are acting on emotions not common sense. These next few months are going to be really wild, maybe the craziest we have seen in our lifetimes...buckle up.

[Yulia74]

cash is king until this crap blows over, plus token scammers keep dumping

hope it goes to 4K

[Sam Odom]

Perspective

Jan 1st 2019 = $3,738.11


Jan 2nd 2020 = $7,154.33

March 12, 2020

$6,109.88

[ace7550]

Cryptos and the stock market getting pounded. Is there any end in sight? The world has gone into mass hysteria and most people are acting on emotions not common sense. These next few months are going to be really wild, maybe the craziest we have seen in our lifetimes...buckle up.

Feels that way doesn't it. I'm not moving any of my investments. Just trying not to look...

[Yulia74]

plus token scammers got over 200,000 bitcoins from their victims, they've been dumping since 2019

[pimike]

Feels that way doesn't it. I'm not moving any of my investments. Just trying not to look...

Are you leaving bitcoin in your wallet?

I lost 344.00 in 24 hours of 1500 BOL send.

[asiagambler]

I actually think it will rebound sooner than later

[louisvillekid]

Are you leaving bitcoin in your wallet?

I lost 344.00 in 24 hours of 1500 BOL send.

I don't have as much, but i have lost close to half my value in about a month, maybe less. I'm kicking myself for not just putting it into a sportsbook acct.

[pimike]

I don't have as much, but i have lost close to half my value in about a month, maybe less. I'm kicking myself for not just putting it into a sportsbook acct.

I don’t trust the books now with no major sports to bet. They will not get deposits. So will no pay and slow pay.

[Sam Odom]

cannot get into BOL

maybe temporary

[pimike]

cannot get into BOL

maybe temporary

Works for me

[deadphish]

do you think it will keep dropping? 1 cant decide if i should request payout or wait. money should be safe on site if i wait (bookmaker).

[pimike]

do you think it will keep dropping? 1 cant decide if i should request payout or wait. money should be safe on site if i wait (bookmaker).

I feel my money more safe in wallet than a book not getting funded.

[asiagambler]

5767.41 USD −2168.08 (−27.32%)


Who has really strong hands?

[deadphish]

I feel my money more safe in wallet than a book not getting funded.

i dont see Bookmaker having any issues surviving...even a long hiatus from the major USA sports.
i'd think even the smaller books will still be around when the dust clears.

[Yulia74]

next time, when the ship starts to sink, don’t pray – jump!

[raiders72001]

Coronavirus.

[pimike]

i dont see Bookmaker having any issues surviving...even a long hiatus from the major USA sports.
i'd think even the smaller books will still be around when the dust clears.

Running a business with no income for a month or more is tough. Small business or big need money to eat. Pay bills.

A company going to dip into reserves for only so long or so much.

I believe this will cause many shops to close the doors.

Which ones? Nobody really knows.

[asiagambler]

Fukking bloodbath

[jjgold]

It’s over

[Yulia74]

how fuked is crypto now on a scale from 1 to corona?

[asiagambler]

-40%

[pimike]

-40%

Only room to go up!!!

[BeatTheJerk]

-40%

[BeatTheJerk]

Mike you better not be fuckin’ holding pal.