jasmin wrote:
Economy has been sick for a while. It's been a casino vs. solid place for investment for many years.
Ok.
jasmin wrote:
Economy has been sick for a while. It's been a casino vs. solid place for investment for many years.
Ok.
“The largest bitcoin losses from Christmas coincided with the fact that investors began to withdraw from risky assets, fixing their positions. Until now, bitcoin has struggled to justify any comparison with gold as a limited and valuable asset. For example, gold has grown significantly over time, like the yen, the Swiss franc and bonds,” Muratov told RT.
In other words, they have no idea about anything (except ex post facto to say that a "correction" in a different market was "long overdue"), but they are RT's "experts" for some reason (Kulakova, Muratov, Prokhorova).
Hey Ivan, stop trying to scare us off from BTC and improve your rouble!
Here's what's happening in AZ:
https://www.infowars.com/arizona-senate-passes-bill-to-allow-tax-payments-in-bitcoin/
According to Sigurbergsson, bitcoin mining in Iceland annually consumes around 840 gigawatt hours of electricity in powering computers and cooling systems, while the country’s households use about 700 gigawatt hours.
Iceland has seen a significant increase in the number of new data centers, as most of the mining firms are seeking to flaunt their green credentials. Nearly 100% of energy in Iceland reportedly comes from renewable sources.
https://www.rt.com/business/418633-iceland-bitcoin-mining-electricity-shortage/
Now even the Saudis are cracking down against coin offerings.
https://www.rt.com/business/418680-saudi-warns-initial-coin-offerings/
Ripple: everyone but us is worth zero!
https://www.rt.com/business/418736-ripple-cryptocurrencies-bitcoin-zero/
Renowned economist Nouriel Roubini says he received death threats and his consulting firm was hacked in response to his negative views on cryptocurrencies.
“Cryptocrazies are also criminal Cyber-Terrorists,” he wrote on Twitter. The economist claims his consulting firm, Roubini Global Economics, became the target of denial-of-service attack in 2015 because of his criticism of bitcoin.
Roubini claims that he had received death threats as a result of those views, adding that he anticipated another attack, and had received recent threats. “In 2015, when I criticized bitcoin, on top of death threats, they did a denial-of-service attack against my 50 folks consulting biz website & shut it down for a day. I expect to be hacked again, as I have been warned. Terrorists!” the pessimistic oracle posted on his Twitter.
Nouriel Roubini was nicknamed Dr Doom for his bearish economic forecasts after he accurately predicted the 2008 financial crisis.
https://www.rt.com/business/418790-doom-roubini-crypto-crazies-terrorists/Diversify into other crypto-holdings.
https://www.rt.com/business/418907-litecoin-lead-crypto-market-recovery/
BTC over 10000 USD, "comeback" makes it still down 50% though?
negative seller wrote:
BTC over 10000 USD, "comeback" makes it still down 50% though?
I doubled my investment this morning.
Back in 2007, I started to get nervous about the market for some odd reason. Since I'm a person who follows inner directives and intuition, as it never steers me wrong, I took my gains in my Roth and went to cash. A few months later, the market began its bear turn. By 2009 I was fully back in. I bought really low...really low... and have enjoyed an amazing bull market. The past few months, I've felt the same nervousness. The same intuitive feelings that I should get out. So, my Roth money is all cash again. I sold high, and took some amazing gains. I can't tell you what is going to cause this upcoming crash, could be the market indicators people often discuss, or some unforseen event. But it's coming this year. Bubbles we either knew about or ones we didn't realize were there will burst. Good luck to you. See you on the other side and I'll ride the new bull with ya. Remember, a 2% gain is not a loss.
The market is insane right now. Nothing is stopping the euphoria. That little burp people called a correction didn't matter. People just keep pouring their money into securities. And often into companies who aren't making a profit or very little profit with high P/E's. I keep track of people on all the investing and stock forums out there and it seems like there are a ton of new investors with just a few thousand, sometimes just a few hundred, in life savings looking to gamble it on what people guarantee will be a winner or what's popular, despite the fundamentals, despite the financials of the company. Margin-investing is growing to record levels. People taking out second mortgages and loans to finance investment in Bitcoin. It's euphoria, people. I'm out. Realizing my gains and heading for laddered short-term brokered treasuries and CDs until after the levee breaks. At which time, I'll be buying at bargain prices.
Are there any candlestick charts for Bitcoin or Litecoin?
believemenow22 wrote:
Remember, a 2% gain is not a loss.
Depends on how much the government debauches the currency.