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-   -   WOW: BTC lost close to 50% of its value from its peak in December (https://gfy.com/showthread.php?t=1291880)

mce 01-16-2018 07:15 PM

WOW: BTC lost close to 50% of its value from its peak in December
 
https://www.btcmarkets.net/

Is this a temporary pull back? At what pricepoint are you guys jumping back in?

I'm hoping it dips to 1K to 5K range, I buy in, then it pops back up on its way to 100K

Sounds crazy? It's happened before (or close to it) with some biotech stocks.

shake 01-16-2018 07:24 PM

It would be great, but I don't see it going below 8k in the next year, I would buy some at that point.

I'll be buying some alt coins tomorrow, probably lumens, tron and a few more if the drop continues tomorrow.

mce 01-16-2018 07:28 PM

Quote:

Originally Posted by shake (Post 22166424)

I'll be buying some alt coins tomorrow, probably lumens, tron and a few more if the drop continues tomorrow.

No ripple for you? Why not?

Also, what's the big deal with Tron?

GFED 01-16-2018 07:33 PM

Holding BTC, BCH, ETH, LTC, ETN, XVG. Buying BNB, VIBE, TRX, IOTA, XLM, ADA, XRP, EOS, NEO.

Konda 01-17-2018 09:05 AM

$9500 now

but keep in mind less than 3 months ago it was only $5000 so it's still up double compared to just a few months ago


It's nothing new, in the past years there have been multiple occasions where bitcoin dropped 50%+

It might take a while to recover though:

one time it dropped from $233 to $67 overnight (71%) and it took over 6 months to recover

another time it dropped from $1150 to below $500 and it took a year to get back over $1K

nikki99 01-17-2018 09:33 AM

I saw it :(

INever 01-17-2018 10:41 AM

No kidding, that's called fibo and pivot points.
If you don't know the rules, don't play the game.


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