1. #3816
    Yulia74
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    death cross

    anyone know the bitcoin telegram channel?

  2. #3817
    eddycash
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    Death crosses are lagging indicators. Meaningless.

  3. #3818
    Yulia74
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    Quote Originally Posted by eddycash View Post
    Death crosses are lagging indicators. Meaningless.
    maybe, maybe not

    2013 cycle top
    dropped -73% before the death cross
    after the death cross, dropped an extra -71%

    2017 cycle top
    dropped -70% before the death cross
    after the death cross, dropped an extra -65%

    2019 june top
    dropped -53% before the death cross
    after the death cross, dropped an extra -55%

  4. #3819
    DwightShrute
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    Quote Originally Posted by ChuckyTheGoat View Post
    Sink, what is the word on the street re: BIG buyers? Either deep-pocket individuals or institutions.

    Within BTC, the conversation has to start w/ the Max 21Mill coins. Then work backwards:
    *# not yet mined
    *# lost. Most people think this is larger than the avg guy would think.
    *# in hands of whales who aren't selling
    *# in cold-storage and not moving

    Any realistic estimate means there just aren't that many left/available. I think there's a time in the near future where BTC price will just look like a straight-line trend, similar to a fixed interest rate.
    maybe if its still around in the same way it is today. It may become increasingly difficult to cash-in BTC as countries around the world are clamping down while others are in the process of it.

    The 21 million coins seemed to be possible to attain in a few years when it was worth a fraction of what its worth today, but may take decades to reach the 21 mill now.

    BTC was supposed to be a way to buy anything quickly including a coffee at Starbucks. It was fast. I could send BTC to someone in seconds, 5 years ago. That obviously isn't the case anymore.

  5. #3820
    JoeCool20
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    Quote Originally Posted by MrSink View Post
    I think we got very interesting event right before us , the death cross. It is point in time when two averages cross and that formation in the past was a great bear signal .

    I think institutions can play this thing out as self fulfilling prophecy . It is all about great timing and creating as much FUD in the right time as last time . All this nonsense as china banning crypto , banning mining , bitcoin not green , musk is offended etc if launched in a right time can bring bitcoin down to 30k again .

    Honestly , I hope it would not happen . The other scenario is that unexpierienced investors are expecting correction . Smart money can play standard revearsal and we can see huge gains . This would be the most convienient scenario .

    In case of big drop , I am loading big on 30's range

    Curious about your thoughts
    All you/anybody can hope is that people keep buying the dips like they have been doing up to this point.

    If it goes the other way and people start panic selling, then it will be look out below.

  6. #3821
    pimike
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    After reading some post in here you would think it’s dead.

    Bye bye


    Lol

  7. #3822
    MickeyMan
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    Quote Originally Posted by DwightShrute View Post
    maybe if its still around in the same way it is today. It may become increasingly difficult to cash-in BTC as countries around the world are clamping down while others are in the process of it.

    The 21 million coins seemed to be possible to attain in a few years when it was worth a fraction of what its worth today, but may take decades to reach the 21 mill now.

    BTC was supposed to be a way to buy anything quickly including a coffee at Starbucks. It was fast. I could send BTC to someone in seconds, 5 years ago. That obviously isn't the case anymore.
    The price going up doesn’t mean it will take longer to mine all the Bitcoin. The last Bitcoin will be mined around 2140.

  8. #3823
    JIBBBY
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    Crypto and stock market taking a bit of a hit again. They work hand in hand..

    May be time to buy more Bitcoin soon if it keeps dropping.

  9. #3824
    Yulia74
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    relax ladies, dont panic

    not yet

    33,800

  10. #3825
    themike78
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    On Tuesday bitcoin will be worth $2.

  11. #3826
    louisvillekid
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    JFC! This crypto sh*t is BS!

    I'm not buying anymore just for investing and holding. I'm done with it. I'll hold the small amounts I have in various coins, but I'm not increasing anymore.

    Only btc I'll buy is for when I need to reload at books.

  12. #3827
    navyblue81
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    Quote Originally Posted by themike78 View Post
    On Tuesday bitcoin will be worth $2.
    The troll is back rooting for everyone to lose $$$ again. (And don’t say you’re not or else you wouldn’t be trolling with this bullshit all the time.)

  13. #3828
    trobin31
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    $BTC...fasten your seat belts...I’d save some dry powder
    Attached Images  

  14. #3829
    trobin31
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    $ETH...I plotted this chart 2 weeks ago, I thought ethereum would break out of it but then it dropped like it hit a force field...ethereum can nuke hard....you have no real support volume until $1200
    Attached Images  

  15. #3830
    JIBBBY
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    Goes to 25,000 I'm buying again.

  16. #3831
    asiagambler
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    Am I allowed to post FUD in this thread ??


  17. #3832
    pimike
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    Quote Originally Posted by JIBBBY View Post
    Goes to 25,000 I'm buying again.
    Give it up Jibby.

    It will go under 20 g

    Just sit tight till it goes there.

  18. #3833
    eddycash
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    .Don't listen to these bears, we will hold in this range and continue up.

  19. #3834
    navyblue81
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    Nice bounce back for ADA. Woke up this morning it was 1.30. Up to 1.43 now.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: ChuckyTheGoat

  20. #3835
    JIBBBY
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    Quote Originally Posted by pimike View Post
    Give it up Jibby.

    It will go under 20 g

    Just sit tight till it goes there.
    I don't think it will drop below 30,000. I expect a bitcoin rebound next week actually as long as more bad financial news and or panic inflation news doesn't come out.

    It's starting to rebound today as it's now back up to 35,000 and climbing.

  21. #3836
    ChuckyTheGoat
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    Quote Originally Posted by navyblue81 View Post
    Nice bounce back for ADA. Woke up this morning it was 1.30. Up to 1.43 now.
    How soon til u deploy, Navy?

  22. #3837
    navyblue81
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    Quote Originally Posted by ChuckyTheGoat View Post
    How soon til u deploy, Navy?
    Two weeks. July 2.

  23. #3838
    ChuckyTheGoat
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    Quote Originally Posted by navyblue81 View Post
    Two weeks. July 2.
    Good Luck, pal. Thanks for your service.

  24. #3839
    navyblue81
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    Quote Originally Posted by ChuckyTheGoat View Post
    Good Luck, pal. Thanks for your service.
    Thanks. Hoping my ADA investment looks nice when I return. Won’t be checking it for over a year.

  25. #3840
    pimike
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    Quote Originally Posted by JIBBBY View Post
    I don't think it will drop below 30,000. I expect a bitcoin rebound next week actually as long as more bad financial news and or panic inflation news doesn't come out.

    It's starting to rebound today as it's now back up to 35,000 and climbing.

    Yes maybe.

    I’m convinced the whales are trying to get people out and able to buy cheaper.

  26. #3841
    navyblue81
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    Quote Originally Posted by pimike View Post
    Yes maybe.

    I’m convinced the whales are trying to get people out and able to buy cheaper.
    I don’t think the Bitcoin drop is about Bitcoin. It’s just about everything in general. Inflation killing the economy. I’m scared to buy anything right now.

  27. #3842
    pimike
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    Quote Originally Posted by navyblue81 View Post
    I don’t think the Bitcoin drop is about Bitcoin. It’s just about everything in general. Inflation killing the economy. I’m scared to buy anything right now.
    Inflation was supposed to be the reason for Bitcoin

  28. #3843
    bigtymer56
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    Quote Originally Posted by asiagambler View Post
    Am I allowed to post FUD in this thread ??

    Sure...as long its related to BTC. Will this China mining ban even have an affect the price?

  29. #3844
    JIBBBY
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    Quote Originally Posted by pimike View Post
    Inflation was supposed to be the reason for Bitcoin
    I thought so as well. Apparently not.

    As the stock market moves up or down so does Bitcoin for some reason. Bitcoin Panic sellers gonna panic I guess when everything is tanking in other markets.

  30. #3845
    pimike
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    Quote Originally Posted by JIBBBY View Post
    I thought so as well. Apparently not.

    As the stock market moves up or down so does Bitcoin for some reason. Bitcoin Panic sellers gonna panic I guess when everything is tanking in other markets.

    Yep

    If this becomes the Case, there is no reason to stay with Bitcoin.

    Let’s see now.

  31. #3846
    floki
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    be extra careful this week

  32. #3847
    asiagambler
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    Quote Originally Posted by bigtymer56 View Post
    Sure...as long its related to BTC. Will this China mining ban even have an affect the price?
    Well it seems it already did when news broke right ?

    This didn't just become known today

    Long term, it's probably good for the ecosystem with hashpower more distributed across the world but for now, it's still a lot of hashpower that's vanished overnight

    https://beincrypto.com/bitcoin-minin...t-in-180-days/

  33. #3848
    pimike
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    Quote Originally Posted by floki View Post
    be extra careful this week
    Why?

  34. #3849
    ChuckyTheGoat
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    Quote Originally Posted by pimike View Post
    Yep

    If this becomes the Case, there is no reason to stay with Bitcoin.

    Let’s see now.
    So, you're Out?

  35. #3850
    pimike
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    Quote Originally Posted by ChuckyTheGoat View Post
    So, you're Out?
    No sir.

    Just concerned

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