Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. orbit23

    orbit23

    Unironically that's exactly what i am doing right now :)

    But there is a flood of new tokens though, so it's not that easy.
     
    #3201     Apr 17, 2021
  2. orbit23

    orbit23

    I will be shorting BTC and ETH today/tomorrow probably.

    Balls deep on ETH short(soon). Is this a stupid idea? Feels stupid and wrong, i deserve to get fucked.

    Premise is that it *could* be a top, VIX is dangerously low. Not expecting an end of bull market, but solid correction/ rug pull. Market is very unkind to stupid bears though.
     
    #3202     Apr 17, 2021
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  3. tsznecki

    tsznecki

    Majors do feel toppy. I wonder though if they sell off does it drag down the overall mkt or does capital rotate into alts.

    Historically everything goes down with BTC but this cycle feels different.
     
    #3203     Apr 17, 2021
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  4. orbit23

    orbit23

    if btc dumps down fast, then hard to see not everything going too. Sometimes altbtc pairs rally.

    But IDK it's fkn saturday and doge is already down 50% from the top, unlikely to sell off now imo, already happened
     
    #3204     Apr 17, 2021
  5. RedDuke

    RedDuke

    how do you short them?
     
    #3205     Apr 17, 2021
  6. Cuddles

    Cuddles

    shorting ETH? Have fun with your poorcel goals of 2021 and beyond
     
    #3206     Apr 17, 2021
  7. orbit23

    orbit23

    binance futures or literally any other exchange..

    I am looking ot buy the shit out of DGB and XVG.. DGB looks better. Those are 100%, pure normie coins. Would not be surprised to see Elon Musk tweet about DGB next
     
    #3207     Apr 17, 2021


  8. :D
     
    #3208     Apr 17, 2021
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  9. Cuddles

    Cuddles

    did you short?
     
    #3209     Apr 18, 2021
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  10. Pekelo

    Pekelo

    https://coinmarketcap.com/headlines...n-hashrate-correction-caused-btc-price-crash/

    "... it turns out that the blackout in China’s Xinjiang region caused almost half of the Bitcoin network to go offline in 48 hours. This blackout was due to maintenance after the massive flooding and security issue at power stations in China.

    China’s Xinjiang province powers a huge chunk of Bitcoin miners. With this blackout, the BTC has rate collapsed significantly leading to further price correction.

    Almost half the Bitcoin network has gone offline in just 48hrs. https://t.co/G7wD3grOEw pic.twitter.com/KihtY1nAhl

    — Charles Edwards (@caprioleio) April 18, 2021"
     
    #3210     Apr 18, 2021
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