BitCoin is down in DEATH SPIRAL and now under 4000 USD

Banana Bread wrote:

Warren Buffet said a great quote:

" I don't know when to buy stocks, but I know whether to buy stocks"

He does not focus on buying at the high or the low, he just knows that Coca- Cola has been around since the late 1800s, and is a very profitable company, so he buys the stock.

Good for him. But can he run 12:37 or 26:17?[/quote]

No, but he can pay a couple of guys to run for him.

2018 has been really ungrateful for hodlers. A few bits of hope here and there; but mostly, horrendous massacres. Just by looking at absolute volumes, one can argue crypto-markets have become uninteresting for most retail investors who joined in late 2017.

Although hashrate has been able to keep more or less steady, we’re now seeing a decline in transaction numbers, which is rather surprising as it’s now cheaper to buy and sell bitcoin, due to lower fees (in fiat).

Public data obtained on Coinpayments.net, which processes transactions for dozens of traditional cryptocurrencies, showed that it had seen a drop of 50% in the first half of the year.

Now, since we’re already in deep-sh**, why not remember the worst beatings of the year? Since we’re going down, we might as well go down laughing!

Burning the Market Cap wrote:

2018 has been really ungrateful for hodlers. A few bits of hope here and there; but mostly, horrendous massacres. Just by looking at absolute volumes, one can argue crypto-markets have become uninteresting for most retail investors who joined in late 2017.

Although hashrate has been able to keep more or less steady, we’re now seeing a decline in transaction numbers, which is rather surprising as it’s now cheaper to buy and sell bitcoin, due to lower fees (in fiat).

Public data obtained on Coinpayments.net, which processes transactions for dozens of traditional cryptocurrencies, showed that it had seen a drop of 50% in the first half of the year.

Now, since we’re already in deep-sh**, why not remember the worst beatings of the year? Since we’re going down, we might as well go down laughing!

It turns out that Jamin® is an autistic MORon and a Psychotic (with Messianic themes)... all AT THE SAME TIME!!!

Oh well.

It's not a BIG surprise... if you know what I mean.

Jamin's Weiner is the same size as Donny's Weiner = Micro™ ... and... Soft™.

Eh???

Burning the Market Cap wrote:

2018 has been really ungrateful for hodlers. A few bits of hope here and there; but mostly, horrendous massacres. Just by looking at absolute volumes, one can argue crypto-markets have become uninteresting for most retail investors who joined in late 2017.

Although hashrate has been able to keep more or less steady, we’re now seeing a decline in transaction numbers, which is rather surprising as it’s now cheaper to buy and sell bitcoin, due to lower fees (in fiat).

Public data obtained on Coinpayments.net, which processes transactions for dozens of traditional cryptocurrencies, showed that it had seen a drop of 50% in the first half of the year.

Now, since we’re already in deep-sh**, why not remember the worst beatings of the year? Since we’re going down, we might as well go down laughing!

Look up the definition of the word "DOWNTREND"

For hodlers, still not as bad as the crash of April 2013 (down -45% from 165 USD to 91 USD in one week). For bargain hunters, a nice Thanksgiving present.

This is why everyone should just go the pot stock route and if it goes up in smoke it would be cool.

Look at the losers who were in Sidelines at BTC jumped back up another +10% to 4115 USD...

Now it is back under 4000 (at 3750), but off its lows. What's going to happen next? Anyone?

pump or dump? wrote:

Now it is back under 4000 (at 3750), but off its lows. What's going to happen next? Anyone?

Prediction:

Unfortunately, it turns out that Jamin has puny little human neural networks in his cerebral cortex which has a total volume = the total volume of an uncooked grain of basmati rice..

Oh well.

It's not a big surprise.

Have a nice day.

Bitcoin is fun to watch. Right now: $ 3,721.86

https://www.worldcoinindex.com/coin/bitcoin

Time to buy!

Told You To Buy wrote:

Look at the losers who were in Sidelines at BTC jumped back up another +10% to 4115 USD...

How you feeling now moron?

Fundamental analyses --> zero nada

Chart analyses --> works great until the above reality cracks it

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Bitcoin bros

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A bunch of losers and scammers.

More MSM hit-pieces from Establishment Fiat Drones.

https://www.telegraph.co.uk/technology/2018/11/27/crypto-crisis-year-record-high-end-road-bitcoin/amp/

https://www.bbc.com/news/amp/technology-46323286

Burning the Market Cap wrote:

2018 has been really ungrateful for hodlers. A few bits of hope here and there; but mostly, horrendous massacres. Just by looking at absolute volumes, one can argue crypto-markets have become uninteresting for most retail investors who joined in late 2017.

Anyone currently holding bitcoin purchased within the last 15 months is sitting on a paper loss, a loss that will grow as bitcoin prices continue to drop.

NONcrypto wrote:

Burning the Market Cap wrote:

2018 has been really ungrateful for hodlers. A few bits of hope here and there; but mostly, horrendous massacres. Just by looking at absolute volumes, one can argue crypto-markets have become uninteresting for most retail investors who joined in late 2017.

Anyone currently holding bitcoin purchased within the last 15 months is sitting on a paper loss, a loss that will grow as bitcoin prices continue to drop.

Hence why I got out of it after netting 92+ grand!!!! Best few months of my life!!!!

Well BTC has held firm at the 4000 USD level for yet another time, so by now you have to wonder where the upper resistance will come from when the momentum heads north. The 5000 USD level wasn't too robust going the other way, so you have to think it could zoom right through, with really no other limitations in sight.

From Death Spiral to Resurrection Rainbow wrote:

Well BTC has held firm at the 4000 USD level for yet another time, so by now you have to wonder where the upper resistance will come from when the momentum heads north. The 5000 USD level wasn't too robust going the other way, so you have to think it could zoom right through, with really no other limitations in sight.

honestly, you are fuucking retarded.

It will be closer to $400 than $4000 within the next year