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Old 06-22-2018, 06:37 AM   #1
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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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Old 06-22-2018, 07:00 AM   #2
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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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Old 06-22-2018, 07:13 AM   #3
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Yeah, my LiteCoin is at the lowest its been since I bought it back in September...
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Old 06-22-2018, 07:42 AM   #4
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I am feeling
Yep, got the same feeling!
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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.
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Old 06-22-2018, 07:44 AM   #5
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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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Old 06-22-2018, 08:08 AM   #6
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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.
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Old 06-22-2018, 08:57 AM   #7
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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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Old 06-22-2018, 09:39 AM   #8
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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.
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Old 06-22-2018, 09:44 AM   #9
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Blame it on the powers that be?

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Old 06-22-2018, 12:30 PM   #10
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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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Old 06-22-2018, 01:27 PM   #11
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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.
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Old 06-22-2018, 01:37 PM   #12
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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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Old 06-22-2018, 02:40 PM   #13
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Lots of bullshit numbers in this thread by Player wannabes.

Just sayin'.
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Old 06-22-2018, 03:23 PM   #14
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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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Old 06-22-2018, 03:47 PM   #15
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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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Old 06-22-2018, 03:50 PM   #16
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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.
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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.
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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!
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Old 06-22-2018, 03:52 PM   #17
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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!
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Old 06-22-2018, 04:02 PM   #18
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Don't be a quitter...trade on a demo account and get better...you can do it...
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Old 06-22-2018, 04:18 PM   #19
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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.
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Old 06-22-2018, 04:28 PM   #20
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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.
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Old 06-22-2018, 04:32 PM   #21
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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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Old 06-22-2018, 04:58 PM   #22
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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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Old 06-22-2018, 05:04 PM   #23
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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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Old 06-22-2018, 05:12 PM   #24
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RemindMe! in 4 years.
You should read this insightful Forbes article What Determines The Price Of Bitcoin?.

Quote:
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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Old 06-22-2018, 06:25 PM   #25
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Bubble busting if it hits 5k, there will be massive selling.
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Old 06-22-2018, 06:39 PM   #26
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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

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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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Old 06-22-2018, 07:33 PM   #27
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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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Old 06-22-2018, 08:01 PM   #28
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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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Old 06-22-2018, 10:58 PM   #29
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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.
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Old 06-23-2018, 12:38 AM   #30
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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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Old 06-23-2018, 04:16 AM   #31
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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.
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Old 06-23-2018, 11:34 PM   #32
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Bye-bye $100 billion market cap...

Next stop for Bitcoin is $5500.
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Old 06-23-2018, 11:41 PM   #33
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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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Old 06-24-2018, 01:33 AM   #34
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mods can you please change my nick to oracle mc oracleface? thank you...
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Old 06-24-2018, 02:47 AM   #35
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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
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Old 06-24-2018, 02:51 AM   #36
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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
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Old 06-24-2018, 05:08 AM   #37
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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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Old 06-24-2018, 05:14 AM   #38
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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?
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Old 06-24-2018, 05:17 AM   #39
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This guy... still trolling btc threads lol

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

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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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Old 06-24-2018, 05:18 AM   #40
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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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Old 06-24-2018, 05:30 AM   #41
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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?

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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.
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Old 06-24-2018, 08:38 AM   #42
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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?
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Old 06-25-2018, 12:00 AM   #43
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Damn and i just hit it on the rebound. This is so ez
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Old 06-25-2018, 01:29 AM   #44
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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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Old 06-25-2018, 05:17 AM   #45
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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.
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Old 06-25-2018, 09:37 AM   #46
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Lots of bullshit numbers in this thread by Player wannabes.

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