BTC down 10% just now - Why?

Discussion in 'Crypto Assets' started by OptionsOptionsOptions, Apr 17, 2021.

  1. SunTrader

    SunTrader

    More sellers because it hit resistance:-
    BIT res.png
     
    #41     Apr 18, 2021
  2. Fain

    Fain

    #42     Apr 18, 2021
  3. Overnight

    Overnight

    lol
     
    #43     Apr 18, 2021
    vanzandt likes this.
  4. Daal

    Daal

    The only way cryptos can get to one century of utilization as a store of value if it goes through 11 years first. And that what is going on. The only way to get ingrained into cultures is for it to start to get ingrained into cultures. You cant start at the end
     
    #44     Apr 18, 2021
    yc47ib likes this.
  5. This crypto vs goldbug thing has been interesting to say the least. I actually feel like instigating.
     
    #45     Apr 18, 2021
  6. jys78

    jys78

    Non issue. Zero impact. Likewise the recent 10-15% or whatever drop is also a non-issue.
     
    #46     Apr 18, 2021
  7. deaddog

    deaddog

    I thought my answers had some validity. I explained why I valued gold. Of course it is my opinion, the value of anything is based on opinion. What you value deeply may have no value to me.

    You on the other hand didn't answer my question of what is the fundamental value of anything? Give me an example of how you perceive fundamental value. Once I know what you are looking for, how you define fundamental value, possibly I'll be able to answer the question to your satisfaction. Probably not though it seems like a how much is enough question.
     
    #47     Apr 18, 2021
  8. jys78

    jys78

    And usually a lot more often. Anyone concerned about something so trivial probably shouldn't be in the space.
     
    #48     Apr 18, 2021
    cesfx, VicBee and johnarb like this.
  9. ZKS31

    ZKS31

    Bitcoin to Zero if the U.S. implements a permanent ban.
     
    #49     Apr 18, 2021
  10. jys78

    jys78

    Probably actually increase its value.
     
    #50     Apr 18, 2021
    remoteControl, SunTrader and johnarb like this.