Bitcoin hit a high of $8,458 today on coinbase. I'm calling it. This is the end of Bitcoin

Discussion in 'Crypto Assets' started by peilthetraveler, Nov 21, 2017.

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  1. The only reason to buy bitcoin, is the thought of selling it for more at a later date. I think we've got all the bag holders in now. Time to liquidate.
     
  2. algofy

    algofy

    Where are you liquidating from?
     
  3. IOTArrr

    IOTArrr

    I think it's more likely that we stop within a whisker of 10000. But is that the forks added up or just legacy BTC ?
     
  4. truetype

    truetype

    I suspect most bitcoin "experts" on this site have never traded it.
     
    Macca1, Hoi and lawrence-lugar like this.
  5. IOTArrr

    IOTArrr

    I wonder what % of naysayers are people dealing with the FOMO by convincing themselves and others that it's a scam, bubble, tulip ....
     
    truetype likes this.
  6. Bitcoin to the mooooooooooooon.

     
  7. It just seems like now is a good time that all those hedge funds/VC funds that bought 100s of thousands of bitcoins are going to flood the market any day now. Especially since there seems to be a huge amount of buyers right now willing to cash them out. They've made a good return so far and they have to think...are they going to be able to sell if bitcoin goes to $50,000? Who'd they sell to when the market cap gets to $1 trillion? Who'd buy at $50k per coin?
     
  8. DTB2

    DTB2

    Are there bitcoins to borrow for short trades or is it long only?

    TIA
     
  9. I've bought a little.
    bitcoinjan.png
     
  10. I believe bitfinex lets you short at something like 3-1, but it's been years since I looked into it so don't quote me.
     
    #10     Nov 21, 2017
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