Bitcoin Price Thread

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

  1. orbit23

    orbit23

    Watch out for mondays. US downgrade will spiral bitcoin downwards HARD.

    Might give some good opportunities to load on bullshit tokens again (ETH, DOGE,...)

    Trump hosting dinner swinging party or whatever on wednesday if i am not mistaken. Good luck everybody.
     
  2. johnarb

    johnarb

    Bitcoin is trading 24/7, still $103k even with that moody's US downgrade news

     
    jbusse, NoahA and Covertibility like this.
  3. 2rosy

    2rosy

    Why is a US downgrade negative for bitcoin? Shouldn't it be a positive? As for that whale, you're only seeing one wallet that could be part of 100s of wallets. It's probably a trading firm
     
  4. orbit23

    orbit23

    Obvious manipulation. There is a possibility they orchestrate an exit pump, take out the late shorts and then massive candle down towards monday. Practically inescapable situation here.

    The market is heavy overbought and just a pinch of bearish news will easily trigger a cascade down. This is not rocket science.
     
  5. johnarb

    johnarb

    bitcoin is a risk-off safe haven global monetary asset, of course the moody's downgrade of the US is very much positive news for bitcoin

    I'm only going along with orbit who's about to put his life savings into gold since he's anti bitcoin
     
  6. Sprout

    Sprout

    Maybe it would be like Theranos, everyone was on-board and only a single Wall Street reporter was calling BS.

    I appreciate diverse views, the one’s based on facts, data or evidence.
     

  7. Maybe he has advanced knowledge that Trump is going to use the tariffs to buy Bitcoin.
     
    johnarb likes this.
  8. wxytrader

    wxytrader

    Okay, come on down. We aren't done with you yet. :)