So, why is every single crypto crashing so hard over the last hour. Does this happen a lot? | |
Anonymous Coward User ID: 78479411 United States 02/14/2021 09:38 PM Report Abusive Post Report Copyright Violation | I mean, it's all of them: [link to www.coinbase.com (secure)] Quoting: Green Eggs & Ham Yes Some people cash out. Some people gold. I've seen it move + or - 15-20%. Nevertheless, I am up roughly 300% in a 13 months by holding. |
Anonymous Coward User ID: 21096826 United States 02/14/2021 09:38 PM Report Abusive Post Report Copyright Violation | Will likely be one more push above 50k, then who knows what comes next. The tracker tickers that follow bitcoin on the DOW, have holes in it to the downside, kingdom come. December 2017/Jan 2018 WILL repeat, only the timing is the only issue. It's the game of fear or greed, no one knows until they know. I'm reminded of the forewarning...not my own. Take it for what you will. "OUTCOME 3: The pandemic ceases in late Summer, but at great economic cost. There is no recovery, and the world lurches through a severe depression. The Dow drops to 5,000, and Bitcoin reaches $180 USD and is rendered a "dead" technology." |
Anonymous Coward User ID: 79228508 United States 02/14/2021 09:39 PM Report Abusive Post Report Copyright Violation | |
President-Elect SafeandSound
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Green Eggs & Ham
(OP) User ID: 77311748 United States 02/14/2021 09:40 PM Report Abusive Post Report Copyright Violation | Will likely be one more push above 50k, then who knows what comes next. The tracker tickers that follow bitcoin on the DOW, have holes in it to the downside, kingdom come. December 2017/Jan 2018 WILL repeat, only the timing is the only issue. It's the game of fear or greed, no one knows until they know. Quoting: Anonymous Coward 21096826 I'm reminded of the forewarning...not my own. Take it for what you will. "OUTCOME 3: The pandemic ceases in late Summer, but at great economic cost. There is no recovery, and the world lurches through a severe depression. The Dow drops to 5,000, and Bitcoin reaches $180 USD and is rendered a "dead" technology." would it be considered dead because it uses too much electricity to do transactions? We're being pecked to death by a duck. |
Ima Pseudonym
User ID: 76423614 United States 02/14/2021 09:41 PM Report Abusive Post Report Copyright Violation | maybe because the dollar is down tonight? [link to en.stockq.org] Great minds discuss ideas, average minds discuss events, small minds discuss people. |
Anonymous Coward User ID: 79624051 United States 02/14/2021 09:42 PM Report Abusive Post Report Copyright Violation | |
peterpeccary
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Green Eggs & Ham
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Green Eggs & Ham
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Big Duke6
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Big Duke6
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peterpeccary
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Anonymous Coward User ID: 79624051 United States 02/14/2021 09:51 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 76309419 United States 02/14/2021 09:54 PM Report Abusive Post Report Copyright Violation | The overall trend is still up on the major coins... Buy in an uptrend, hold in an uptrend. Once you make at least 30% profit, cash out your initial investment. The remainder is all profit, and you can not lose. Beware of 30% capital gains tax on holding for less than a year. What is an up trend? Higher highs and higher lows. What is your timeline? Week? Month? Year? My timeline is a year, so once the uptrend is broken within the year timeline, i will exit my trade. |
Anonymous Coward User ID: 76962019 United States 02/14/2021 09:54 PM Report Abusive Post Report Copyright Violation | |
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peterpeccary
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Secretizer
User ID: 73624513 United States 02/14/2021 09:58 PM Report Abusive Post Report Copyright Violation | Was wondering myself what is going on because it is like the market is taking a massive dump Last Edited by Secretizer on 02/14/2021 09:58 PM |
Anonymous Coward User ID: 72649451 United States 02/14/2021 09:59 PM Report Abusive Post Report Copyright Violation | |
Guru Z
User ID: 77771926 United States 02/14/2021 10:00 PM Report Abusive Post Report Copyright Violation | I mean, it's all of them: [link to www.coinbase.com (secure)] Quoting: Green Eggs & Ham It is a correction. Completely normal. The crash seems much worse than it is if your looking at it on a 1hr timescale or smaller. Perspective is required, consider the massive gains over the past few weeks. |
Anonymous Coward User ID: 79890049 United States 02/14/2021 10:05 PM Report Abusive Post Report Copyright Violation | Will likely be one more push above 50k, then who knows what comes next. The tracker tickers that follow bitcoin on the DOW, have holes in it to the downside, kingdom come. December 2017/Jan 2018 WILL repeat, only the timing is the only issue. It's the game of fear or greed, no one knows until they know. Quoting: Anonymous Coward 21096826 I'm reminded of the forewarning...not my own. Take it for what you will. "OUTCOME 3: The pandemic ceases in late Summer, but at great economic cost. There is no recovery, and the world lurches through a severe depression. The Dow drops to 5,000, and Bitcoin reaches $180 USD and is rendered a "dead" technology." I think bitcoin crashes down to 900/1000. Eventually. Exactly like you say... The 2017 crash will repeat... Except this time will be much worse. I'm glad there's at least one other person who realizes it can't keep doing what it's doing forever. I'm surprised anyone here is as long-term bearish as I am. |
Anonymous Coward User ID: 78060946 Sweden 02/14/2021 10:06 PM Report Abusive Post Report Copyright Violation | I mean, it's all of them: [link to www.coinbase.com (secure)] Quoting: Green Eggs & Ham "Does this happen a lot?" Yes |
Anonymous Coward User ID: 75699704 United States 02/14/2021 10:07 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 21096826 United States 02/14/2021 10:09 PM Report Abusive Post Report Copyright Violation | Will likely be one more push above 50k, then who knows what comes next. The tracker tickers that follow bitcoin on the DOW, have holes in it to the downside, kingdom come. December 2017/Jan 2018 WILL repeat, only the timing is the only issue. It's the game of fear or greed, no one knows until they know. Quoting: Anonymous Coward 21096826 I'm reminded of the forewarning...not my own. Take it for what you will. "OUTCOME 3: The pandemic ceases in late Summer, but at great economic cost. There is no recovery, and the world lurches through a severe depression. The Dow drops to 5,000, and Bitcoin reaches $180 USD and is rendered a "dead" technology." would it be considered dead because it uses too much electricity to do transactions? No not at all. Think bigger. Much bigger. Bitcoin is what one might consider maybe four steps removed from sound money. Gold is money, gold for dollars, dollars for dollars, digital (credit cards) for dollars, then crypto for dollars. Research Gresham's Law. Those that create and control the levers of financial power, will never relinquish power. The game is collectivism, to acquire, and there is still much in this world yet to acquire. Those that issue currency, are looking to issue a blockchain currency on their own behalf, but it took bitcoin to establish it as acceptable among the world. That's it's role, nothing more, nothing less. YES you can make fantastic money from it, but it's timeline IS limited. I discovered bitcoin at twelve cents (12 cents), I know enough that this will not end well. Make your money but recognize your enemy. Your enemy is so much more powerful than you believe you are intelligent. For those that think this is not possible, I remind of a few things. Predictive programming is strong in this. The hand that gives, is higher than the hand that receives. You might claim that bitcoin is decentralized, so I say this. ALL governments worldwide came together in unison to lock down a world, and place it under mask under a false narrative. THE BIS, IMP, WORLD Bank, and central bank are much more organized than ALL governments across the world. Do you really want to go up against them? When they declare crypto as contraband, and they WILL, the handful of merchants world wide will NOT want to touch it with a ten foot pole. Those that hold it, will dump it just as fast, as they will be declared as criminals otherwise. If you can't get it out into a fiat currency, it serves no purpose. If the exchanges are strong armed, you are screwed. IF you somehow can and want to pay taxes, it identifies you outright as a criminal as a participant. Know your enemy. Greed and fear. IN all your hope and wishes, have you ever considered that the system had set you up to become an enemy of the state? All the best, but you are responsible for your own actions. Some win, most will not. But, perhaps. This is all bullshit. Good fucking luck. |
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