Crypto bubble

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  • InfoGuy
    80/20 Rule
    • Apr 2010
    • 3052

    #1

    Crypto bubble

    Bitcoin, Ethereum, EOS and other cryptocurrency are in free fall. All hell will break loose when BTC breaks through support levels at $6,000.
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  • pimpmaster9000
    Too lazy to set a custom title
    • Dec 2011
    • 26732

    #2
    I am feeling a rebound at the 5500 range for BTC...maybe not today...maybe not during the weekend...but soon...made some nice money 3-4 hours ago with the rebound from 6300...went in to BCC and got an easy 1%...I sold and went to lunch and it dropped to 6100...sweeeeet....
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    • CurrentlySober
      Too lazy to wipe my ass
      • Aug 2002
      • 38944

      #3
      Yeah, my LiteCoin is at the lowest its been since I bought it back in September...


      👁️ 👍️ 💩

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      • ladida
        Confirmed User
        • Nov 2005
        • 2179

        #4
        Originally posted by crucifissio
        I am feeling
        Yep, got the same feeling!
        Originally posted by crucifissio
        made some nice money 3-4 hours ago with the rebound from 6300...
        Tell me about it. I bought jun 13 at 6153 around 4 million then sold jun 21 just before it started dropping at 6700 for a nice profit of 8%. THIS IS EZ.
        agentGFY *at* gmail.com

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        • pimpmaster9000
          Too lazy to set a custom title
          • Dec 2011
          • 26732

          #5
          Originally posted by ladida
          Yep, got the same feeling!

          Tell me about it. I bought jun 13 at 6153 around 4 million then sold jun 21 just before it started dropping at 6700 for a nice profit of 8%. THIS IS EZ.
          I am literally on fire today...dont be jelly
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          • ladida
            Confirmed User
            • Nov 2005
            • 2179

            #6
            Originally posted by crucifissio
            I am literally on fire today...dont be jelly
            Why would i be jelly i am literally drowning in money here. I can't seem to miss. Im glad someone is also having success. You should up the stakes tho a bit since you're this good and wager some more, then you'll be able to afford villas like i do. I bought a nice condo in bahamas today from the profits i mentioned above. I'm sure this bubble won't last long so im making plans for the future and going to rent those to money makers for an ez 10k a day rent. Life is sweet.
            agentGFY *at* gmail.com

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            • pimpmaster9000
              Too lazy to set a custom title
              • Dec 2011
              • 26732

              #7
              Originally posted by ladida
              Why would i be jelly i am literally drowning in money here. I can't seem to miss. Im glad someone is also having success. You should up the stakes tho a bit since you're this good and wager some more, then you'll be able to afford villas like i do. I bought a nice condo in bahamas today from the profits i mentioned above. I'm sure this bubble won't last long so im making plans for the future and going to rent those to money makers for an ez 10k a day rent. Life is sweet.
              if I had done literally nothing today I would still be good around 8% because I was in TUSD and crypto dropped...I find it amusing that you are calling me out for 1% LOL...the alts did 13-15% on average...

              maybe your trading game is shit? 6300 and 6100 are well known support levels for BTC...a blind man could have made 1% today...I literally made coffee and fired up my computer and the drop happened...easiest money ever LOL
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              • ladida
                Confirmed User
                • Nov 2005
                • 2179

                #8
                Originally posted by crucifissio
                I find it amusing that you are calling me out for 1% LOL
                Woa woa, hold up there. Can't we both enjoy our lavish life in the crypto? I'm just explaining to the n00bs here, just as you are, how easy it is to make millions in crypto. No calling out bro. We ballin' both. I just wanted to give you advice to stake a little more. This villa i bought today will bring me tons once crypto dies off, but before that i think i'll use it for my vacation because, as you said, i can literally be doing nothing and money just pours in.
                Life is ez.
                agentGFY *at* gmail.com

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                • CaptainHowdy
                  Too lazy to set a custom title
                  • Dec 2004
                  • 94733

                  #9
                  Blame it on the powers that be?

                  Comment

                  • pimpmaster9000
                    Too lazy to set a custom title
                    • Dec 2011
                    • 26732

                    #10
                    Originally posted by ladida
                    Woa woa, hold up there. Can't we both enjoy our lavish life in the crypto? I'm just explaining to the n00bs here, just as you are, how easy it is to make millions in crypto. No calling out bro. We ballin' both. I just wanted to give you advice to stake a little more. This villa i bought today will bring me tons once crypto dies off, but before that i think i'll use it for my vacation because, as you said, i can literally be doing nothing and money just pours in.
                    Life is ez.
                    I made money by doing nothing by simply not being in the asset that depreciated...I hold crypto only when I have an open position...I catch every drop I have no choice LOL...I just got stopped out with BCC @780$ I got in at 768...sweeeeeet! I am really doing well today...
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                    • ladida
                      Confirmed User
                      • Nov 2005
                      • 2179

                      #11
                      Originally posted by crucifissio
                      I made money by doing nothing by simply not being in the asset that depreciated...I hold crypto only when I have an open position...I catch every drop I have no choice LOL...I just got stopped out with BCC @780$ I got in at 768...sweeeeeet! I am really doing well today...
                      Im feeling you man. Im not sure where im going with this money i tried to lose on purpose some money today and it dropped even more. Its like whatever i do market keeps throwing money at me.
                      I'm already eyeing another estate in Spain if this keeps going on.
                      agentGFY *at* gmail.com

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                      • pimpmaster9000
                        Too lazy to set a custom title
                        • Dec 2011
                        • 26732

                        #12
                        Originally posted by ladida
                        Im feeling you man. Im not sure where im going with this money i tried to lose on purpose some money today and it dropped even more. Its like whatever i do market keeps throwing money at me.
                        I'm already eyeing another estate in Spain if this keeps going on.
                        Alert set @6300...don't be jelly...
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                        • The Porn Nerd
                          Living The Dream
                          • Jun 2009
                          • 19787

                          #13
                          Lots of bullshit numbers in this thread by Player wannabes.

                          Just sayin'.
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                          • Smack dat
                            So Fucking Banned
                            • Jul 2016
                            • 4613

                            #14
                            Originally posted by The Porn Nerd
                            Lots of bullshit numbers in this thread by Player wannabes.

                            Just sayin'.
                            Quit being a sourpuss. Even an idiot could have made money today. I made a mil while eating cheerios. I cross crypto so whatever happens I'm good but when it all comes together like today and the writing is on the wall it's 100x better.

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                            • pimpmaster9000
                              Too lazy to set a custom title
                              • Dec 2011
                              • 26732

                              #15
                              6000 just happened...at this moment my purchasing power in TUSD is around 13% higher than yesterday for BTC...for Alts it's around 16-17% and for some even 20%...today was a really good day...

                              Alert set @6150$...the naysayers are very amusing indeed and I am laughing as well...
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                              • ladida
                                Confirmed User
                                • Nov 2005
                                • 2179

                                #16
                                Originally posted by crucifissio
                                Alert set @6300...don't be jelly...
                                No jelly needed. My alerts are at 6600/6590/6580/6570/6560/6550/6540/6530/6520/6510/6500....
                                You just need some more wagering money and you'll see how ez it is.
                                Originally posted by The Porn Nerd
                                Lots of bullshit numbers in this thread by Player wannabes.

                                Just sayin'.
                                Why dont you just set alerts as we do, you'll be rollin' in dough. ITS THAT EZ.
                                Originally posted by Smack dat
                                Quit being a sourpuss. Even an idiot could have made money today. I made a mil while eating cheerios. I cross crypto so whatever happens I'm good but when it all comes together like today and the writing is on the wall it's 100x better.
                                There you go my friend. Another fellow baller. This crypto im not even sure who's losing this much money when we're gaining this much. It's like a neverending well of cash just flowing in pockets of knowledgeable people amirite!
                                agentGFY *at* gmail.com

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                                • ladida
                                  Confirmed User
                                  • Nov 2005
                                  • 2179

                                  #17
                                  Originally posted by crucifissio
                                  the naysayers are very amusing indeed and I am laughing as well...
                                  You and me both, my friend. YOU AND ME. When my alerts hit i'll be like 20% up on btc flow through bottom bulge belly roundup on the TUF deal and something like 56.4304% up on other alts.

                                  DOUGH IS ROLLIN' IN.
                                  We should ask for a separate baller forum where we share stories!
                                  agentGFY *at* gmail.com

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                                  • pimpmaster9000
                                    Too lazy to set a custom title
                                    • Dec 2011
                                    • 26732

                                    #18
                                    Don't be a quitter...trade on a demo account and get better...you can do it...
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                                    • ladida
                                      Confirmed User
                                      • Nov 2005
                                      • 2179

                                      #19
                                      I agree, that's good advice. Just with this crypto it's so easy i'm even reluctant to agree completely with that. It's just impossible to miss and by the time they get confident in demo accounts the bubble might burst and money might leave. So if you're unsure, get a demo yea, but use it only 2-3 days as with crypto it's a lot easier since this market is basicaly throwing money at people, they just dont know how to set alerts and stuff. I'm here to help, as im sure crucifissio is as well.
                                      agentGFY *at* gmail.com

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                                      • DBS.US
                                        Geo Cities
                                        • Aug 2003
                                        • 11843

                                        #20
                                        The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.
                                        Have an unused domain? Make a Free Chaturbate White Label site and be making money tonight

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                                        • InfoGuy
                                          80/20 Rule
                                          • Apr 2010
                                          • 3052

                                          #21
                                          Originally posted by ladida
                                          This crypto im not even sure who's losing this much money when we're gaining this much.
                                          The dum-dums who are HODL, believing the illusion that BTC is eventually going to $100,000 or more.
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                                          • pimpmaster9000
                                            Too lazy to set a custom title
                                            • Dec 2011
                                            • 26732

                                            #22
                                            I am counting on the bubble bursting...I am predicting a multi year bear market...it will be years before I even think of cashing out...the next bubble will come in a few years and I will probably have a lot of coins...

                                            and it is not just about setting alerts it is about picking the right entry moment and about risk management and discipline...on some days I make 0.1% or a loss or do not even trade but days like this more than make up for it... been trading all day and my vision is blurred...like on most days...even weekends...trading fever IRL...
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                                            • Smack dat
                                              So Fucking Banned
                                              • Jul 2016
                                              • 4613

                                              #23
                                              Originally posted by InfoGuy
                                              The dum-dums who are HODL, believing the illusion that BTC is eventually going to $100,000 or more.
                                              RemindMe! in 4 years.

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                                              • InfoGuy
                                                80/20 Rule
                                                • Apr 2010
                                                • 3052

                                                #24
                                                Originally posted by Smack dat
                                                RemindMe! in 4 years.
                                                You should read this insightful Forbes article What Determines The Price Of Bitcoin?.

                                                Bitcoin trades much like a commodity. Over the long-term, the market price of commodities tends towards their marginal cost of production. Putting this another way, mining profits eventually fall to zero. As I noted earlier, when profits fall to zero, producers eventually stop producing.

                                                But whereas commodities would still be traded if mining ceased, Bitcoin would instantly die. This is because the real job of miners is not bitcoin production, but transaction verification. Without transaction verification, bitcoins can’t be bought, can’t be sold, can’t be spent, can’t be earned. If mining ceased, existing bitcoins would become immovable - and an immovable asset is worthless. Thus, unlike a commodity, if mining profits fell to zero, so would the value of all existing bitcoins.
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                                                • adultchatpay
                                                  Let's Make Money
                                                  • Dec 2008
                                                  • 8785

                                                  #25
                                                  Bubble busting if it hits 5k, there will be massive selling.

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                                                  • The Porn Nerd
                                                    Living The Dream
                                                    • Jun 2009
                                                    • 19787

                                                    #26
                                                    Originally posted by InfoGuy
                                                    The dum-dums who are HODL, believing the illusion that BTC is eventually going to $100,000 or more.
                                                    Like the "dum-dums" who bought BTC at $1000 or below and have been holding ever since?
                                                    I wish I was one of these "dum dums" in about five years. LOL

                                                    Originally posted by InfoGuy
                                                    You should read this insightful Forbes article What Determines The Price Of Bitcoin?.
                                                    Mining WILL stop - when the 21 million BTCs are all mined. We are close to that happening now. What that quote leaves out is, after all the mining is done, BTC will not "lose value" because it is not Ethereum, which is based on never-ending mining without theoretical limits. Mining is not the only way to verify BTC ownershp.

                                                    Never under estimate the value of wealth you can carry around with you on a hard drive. THIS is why BTC will survive - until Governments supplant it with their own crypto. Even then, while worth less, BTC will still have value.

                                                    HOLD HOLD HOLD.
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                                                    • The Porn Nerd
                                                      Living The Dream
                                                      • Jun 2009
                                                      • 19787

                                                      #27
                                                      PS: I have made a grand total of $4.23 with Bitcoin investments so I know EXACTLY what I am talking about people!!
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                                                      • emmasexytime
                                                        Confirmed User
                                                        • Jan 2015
                                                        • 4512

                                                        #28
                                                        Originally posted by The Porn Nerd
                                                        PS: I have made a grand total of $4.23 with Bitcoin investments so I know EXACTLY what I am talking about people!!
                                                        That is most likely better than 99% of people what have actually lost money

                                                        Bitcoin is a bubble and is unwinding.

                                                        My friend is mostly shorting it he said. He has made millions from it.
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                                                        • ladida
                                                          Confirmed User
                                                          • Nov 2005
                                                          • 2179

                                                          #29
                                                          Originally posted by crucifissio
                                                          trading fever IRL...
                                                          I know the fever man, i know it all too well.
                                                          Good thing about you and me and the likes is that we're daytrading and hitting those highs and lows by setting alerts and going in and out, just like having sex with a beautiful mermaid. We just can't get enough of those highs and lows and i'll be multimilionaire by the time the market bursts, thats why i'm preaching here. I see you are, im just not sure if you're staking milions already like i am but i know the fever.
                                                          agentGFY *at* gmail.com

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                                                          • pimpmaster9000
                                                            Too lazy to set a custom title
                                                            • Dec 2011
                                                            • 26732

                                                            #30
                                                            Originally posted by ladida
                                                            I know the fever man, i know it all too well.
                                                            Good thing about you and me and the likes is that we're daytrading and hitting those highs and lows by setting alerts and going in and out, just like having sex with a beautiful mermaid. We just can't get enough of those highs and lows and i'll be multimilionaire by the time the market bursts, thats why i'm preaching here. I see you are, im just not sure if you're staking milions already like i am but i know the fever.
                                                            your gelatinous form is very amusing indeed

                                                            I never said I catch highs and lows....you are making this up because you are being jelly...we are in a bear market and I catch every single fall by being in TUSD all the time except when a trade is open...if I had done nothing for the whole month but just be in USD I would be up in crypto like 30+%...if I had done nothing for the last 2 months but just hold USD I would have been up 60+%...

                                                            but I guess since you are unable to make a profit then nobody is LOL...exchanges exist just so that nobody can make money and nobody can pick between up or down

                                                            knee grow please
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                                                            • ladida
                                                              Confirmed User
                                                              • Nov 2005
                                                              • 2179

                                                              #31
                                                              Originally posted by crucifissio
                                                              but I guess since you are unable to make a profit then nobody is LOL...exchanges exist just so that nobody can make money and nobody can pick between up or down
                                                              Who's unable to make a profit? Maybe those that don't trade. I can't see anyone not making profit in this market today man wtf. I believe you, i just want to ask you, as a fellow trader to a fellow trader, to stake a bit more man. I know you know what you're doing. You might need to set a few more alerts like i do, but that's nothing, we're used to setting alerts. I already have few inqueries about the condo in bahamas i bought, trust me, it's the right way.
                                                              JUST A FEW MORE ALERTS.

                                                              life is ez.
                                                              agentGFY *at* gmail.com

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                                                              • InfoGuy
                                                                80/20 Rule
                                                                • Apr 2010
                                                                • 3052

                                                                #32
                                                                Bye-bye $100 billion market cap...

                                                                Next stop for Bitcoin is $5500.
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                                                                "If it was up to me, they would have shot all 30,000 of those country loving shitheads"

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                                                                • armysmoke
                                                                  Confirmed User
                                                                  • Oct 2013
                                                                  • 2606

                                                                  #33
                                                                  Originally posted by InfoGuy
                                                                  Bye-bye $100 billion market cap...

                                                                  Next stop for Bitcoin is $5500.
                                                                  It's getting there. It's at $5,800 now.

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                                                                  • pimpmaster9000
                                                                    Too lazy to set a custom title
                                                                    • Dec 2011
                                                                    • 26732

                                                                    #34
                                                                    mods can you please change my nick to oracle mc oracleface? thank you...
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                                                                    • jscott
                                                                      jscizzle
                                                                      • Feb 2001
                                                                      • 25412

                                                                      #35
                                                                      Originally posted by DBS.US
                                                                      The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.
                                                                      This guy... still trolling btc threads lol

                                                                      Poor (poor) old man
                                                                      “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                                      —Jordan B. Peterson

                                                                      Listen to Pomp tell why is Bitcoin important

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                                                                      • jscott
                                                                        jscizzle
                                                                        • Feb 2001
                                                                        • 25412

                                                                        #36
                                                                        Originally posted by emmasexytime
                                                                        That is most likely better than 99% of people what have actually lost money

                                                                        Bitcoin is a bubble and is unwinding.

                                                                        My friend is mostly shorting it he said. He has made millions from it.
                                                                        Why is every bubble a higher price? Its been this way since 2013

                                                                        Your friend.... liquidated soon if continues his strategy
                                                                        “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                                        —Jordan B. Peterson

                                                                        Listen to Pomp tell why is Bitcoin important

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                                                                        • thommy
                                                                          Confirmed User
                                                                          • Jun 2003
                                                                          • 5469

                                                                          #37
                                                                          Originally posted by emmasexytime

                                                                          My friend is mostly shorting it he said. He has made millions from it.
                                                                          That's exactly what I predicted a few months ago, and they laughed at it.
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                                                                          • jscott
                                                                            jscizzle
                                                                            • Feb 2001
                                                                            • 25412

                                                                            #38
                                                                            Originally posted by thommy
                                                                            That's exactly what I predicted a few months ago, and they laughed at it.
                                                                            If you truly believe that you'd have made millions. Did you put your money where your mouth was?
                                                                            “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                                            —Jordan B. Peterson

                                                                            Listen to Pomp tell why is Bitcoin important

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                                                                            • thommy
                                                                              Confirmed User
                                                                              • Jun 2003
                                                                              • 5469

                                                                              #39
                                                                              Originally posted by jscott
                                                                              This guy... still trolling btc threads lol

                                                                              Poor (poor) old man
                                                                              I think the poor ones are those who followed your advise, smarty

                                                                              Originally posted by jscott
                                                                              You're going to be correct every time, without giving a time frame.

                                                                              I predict 8k, 10k, 20k, 50k
                                                                              thank me later
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                                                                              • thommy
                                                                                Confirmed User
                                                                                • Jun 2003
                                                                                • 5469

                                                                                #40
                                                                                Originally posted by jscott
                                                                                If you truly believe that you'd have made millions. Did you put your money where your mouth was?
                                                                                indeed i did :-)

                                                                                but i am not a gambler - i am used to make money with work what is much more predictable as anything else.
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                                                                                • jscott
                                                                                  jscizzle
                                                                                  • Feb 2001
                                                                                  • 25412

                                                                                  #41
                                                                                  Originally posted by thommy
                                                                                  I think the poor ones are those who followed your advise, smarty
                                                                                  what was my advice? my only advice ever is buy the dip, and tell me when has that failed?

                                                                                  Originally posted by thommy
                                                                                  indeed i did :-)
                                                                                  but i am not a gambler - i am used to make money with work what is much more predictable as anything else.
                                                                                  of course you're lying here.
                                                                                  “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                                                  —Jordan B. Peterson

                                                                                  Listen to Pomp tell why is Bitcoin important

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                                                                                  • ladida
                                                                                    Confirmed User
                                                                                    • Nov 2005
                                                                                    • 2179

                                                                                    #42
                                                                                    Was just searching for this thread. My bro crucio, did you get in on 5900 2 days ago and got out today at 6100? I'm sure you didn't miss that. It was written on the wall it's happening. Easy 3% in 1 day. Man, life is so ez, this shit is just throwing money at us isn't it bro?
                                                                                    agentGFY *at* gmail.com

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                                                                                    • ladida
                                                                                      Confirmed User
                                                                                      • Nov 2005
                                                                                      • 2179

                                                                                      #43
                                                                                      Damn and i just hit it on the rebound. This is so ez
                                                                                      agentGFY *at* gmail.com

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                                                                                      • pimpmaster9000
                                                                                        Too lazy to set a custom title
                                                                                        • Dec 2011
                                                                                        • 26732

                                                                                        #44
                                                                                        Originally posted by ladida
                                                                                        Was just searching for this thread. My bro crucio, did you get in on 5900 2 days ago and got out today at 6100? I'm sure you didn't miss that. It was written on the wall it's happening. Easy 3% in 1 day. Man, life is so ez, this shit is just throwing money at us isn't it bro?
                                                                                        I catch every dip, I catch every pump...thats just how I roll
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                                                                                        • ladida
                                                                                          Confirmed User
                                                                                          • Nov 2005
                                                                                          • 2179

                                                                                          #45
                                                                                          Originally posted by crucifissio
                                                                                          I catch every dip, I catch every pump...thats just how I roll
                                                                                          I knew you're ma man. We should buy houses close to each other and ball together.
                                                                                          agentGFY *at* gmail.com

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                                                                                          • JFK
                                                                                            FUBAR the ORIGINATOR
                                                                                            • Jan 2002
                                                                                            • 67373

                                                                                            #46
                                                                                            Originally posted by The Porn Nerd
                                                                                            Lots of bullshit numbers in this thread by Player wannabes.

                                                                                            Just sayin'.
                                                                                            Thanks for sayin' , just sayin '

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