BITCOIN
- Thread starter Weather Man
- Start date
This whole development has been really interesting, if it holds a 39% pullback like previous cycles, could get the 2nd run into q4.
Started buying some in the 44s today, will be on watch for a dip into the 39s to add.
I see 36k print... I'm out and will take the L. Otherwise.. rooting for a 2nd wave.
Started buying some in the 44s today, will be on watch for a dip into the 39s to add.
I see 36k print... I'm out and will take the L. Otherwise.. rooting for a 2nd wave.
Not surprised after what they said about Bitcoin.
I read in that short time he made 272MM off it.
I also saw people making fun of folks thinking this feels like last time it bottomed out…but i cant deny it feels eerily similar lol…keep buying dips, but then the dip, dips again…rinse, repeat
I also saw people making fun of folks thinking this feels like last time it bottomed out…but i cant deny it feels eerily similar lol…keep buying dips, but then the dip, dips again…rinse, repeat
BITCOIN is speculation, not investing, different mentality. Nothing wrong with that, plenty of money to be made, if you have the savvy.
not to be a dick.. but you’re the guy who was scared to even touch this with FREE money offered to you....
In the words of our dear great dementia filled leader..... come on man
I tried to do some google-fu and is this not what china already did in 2013 and 2017??
If it survives this, i feel it’s stronger than i imagined…but I’m also outta cash and courage to double down lol
All investing is speculation. The risk is what changes.
Saw this news this morning.
Bitcoin price falls on China crypto warning
The China Banking Association warned members of risks associated with digital currencies
By Ken Martin FOXBusiness
Bitcoin's price fell more than 10% early Wednesday after the China Banking Association warned members of risks associated with digital currencies.
The crypotocurrency fell to below 39,000, per Bitcoin, before a rebound to $40,212.
The statement from China's industry association said all members should "resolutely refrain from conducting or participating in any business activities related to virtual currencies."
The notice said such digital currencies were subject to great volatility.
A week ago, Bitcoin was trading above $50,105 after its price plunged 10% following Tesla CEO Elon Musk's reversal of his stance on the digital currency.
Musk announced that Tesla, his the electric car maker, would no longer accept Bitcoin as payment.
Other crypto assets took a hit as well on Wednesday, with Ether, the coin linked to the ethereum blockchain network, falling 15% to $2,966, while meme-based Dogecoin tumbled 15%, according to Coindesk.
Bitcoin price falls on China crypto warning
The China Banking Association warned members of risks associated with digital currencies
By Ken Martin FOXBusiness
Bitcoin's price fell more than 10% early Wednesday after the China Banking Association warned members of risks associated with digital currencies.
The crypotocurrency fell to below 39,000, per Bitcoin, before a rebound to $40,212.
The statement from China's industry association said all members should "resolutely refrain from conducting or participating in any business activities related to virtual currencies."
The notice said such digital currencies were subject to great volatility.
A week ago, Bitcoin was trading above $50,105 after its price plunged 10% following Tesla CEO Elon Musk's reversal of his stance on the digital currency.
Musk announced that Tesla, his the electric car maker, would no longer accept Bitcoin as payment.
Other crypto assets took a hit as well on Wednesday, with Ether, the coin linked to the ethereum blockchain network, falling 15% to $2,966, while meme-based Dogecoin tumbled 15%, according to Coindesk.
Wish I had some money to throw at crypto right now. This chip shortage has Bosch giving me time off all next week and rumor of a two week period coming up. I’m still throwing money at my Trucks stereo build to boot.
China wants to keep people from moving to a decentralized currency?!?! Color me shocked.
Who cares what China's CCP thinks?! Screw that third world regime.
Time to dump more into Eth
Users who are viewing this thread
