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Bitcoin taking a beating Bitcoin taking a beating
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 09-11-2017, 03:00 PM   #1
kane
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Bitcoin taking a beating
Damn, the announcement that China will likely be shutting down exchanges has hurt. Bitcoin has lost nearly $1000 in the last 10 days.

I imagine it will rebound. It would just suck if you bought at the peak only to take it in the ass over the next 10 days.
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Old 09-11-2017, 03:04 PM   #2
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95% of bitcoin trade in the last 2 years went over 3 China exchangers...not looking good...money out of nothing, money in to nothing IRL imo etc
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Old 09-11-2017, 03:15 PM   #3
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Well I am celebrating. Thought it was never going to drop. Hopefully it will drop another $500-$1000 and I can buy back in.
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Old 09-11-2017, 03:19 PM   #4
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It's a gamble, ain't it??
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Old 09-11-2017, 03:24 PM   #5
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Originally Posted by kane View Post
Damn, the announcement that China will likely be shutting down exchanges has hurt.
No such thing's been announced. It's just rumors.
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Old 09-11-2017, 03:24 PM   #6
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It's a gamble, ain't it??
Its a gamble
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Old 09-11-2017, 03:31 PM   #7
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It's on sale.
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Old 09-11-2017, 03:35 PM   #8
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Well I am celebrating. Thought it was never going to drop. Hopefully it will drop another $500-$1000 and I can buy back in.
Buy now or be priced out forever.
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Old 09-11-2017, 03:37 PM   #9
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A crypto bubble?
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Old 09-11-2017, 03:48 PM   #10
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No such thing's been announced. It's just rumors.
There was an announcement by several news sources that these shutdowns are in the works. The exchanges are still working as normal and say they have not been told anything, but it looks like there may be something bad coming down the pipe.

So, yes, it is still a rumor, but that rumor caused a roughly 20% crash.
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Old 09-11-2017, 03:55 PM   #11
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So, yes, it is still a rumor, but that rumor caused a roughly 20% crash.
Too bad you weren't quick enough to buy



It's back to $4200 already
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Old 09-11-2017, 03:56 PM   #12
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Living on a prayer by bon Jovi is kinda appropriate here...
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Old 09-11-2017, 04:11 PM   #13
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Too bad you weren't quick enough to buy



It's back to $4200 already
Who says I wasn't.
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Old 09-11-2017, 04:11 PM   #14
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so much risk if i buy 10 btc now
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Old 09-11-2017, 04:14 PM   #15
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https://www.technologyreview.com/s/6...thought-wrong/
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Old 09-11-2017, 05:02 PM   #16
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so much risk if i buy 10 btc now
you risk it bouncing back up to $4500 by tomorrow
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Old 09-11-2017, 05:05 PM   #17
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jebus christ, what a load of shit
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Old 09-11-2017, 05:14 PM   #18
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china is making the offering if ICO's illegal. does this effect bitcoin?
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Old 09-11-2017, 05:58 PM   #19
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so much risk if i buy 10 btc now
buy one bitcoin each week and average it out?
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