That's always been one of the big red flags for me - I read too many stories that it was hard to get rid of big positions.

I had a VERY small position that I bought and sold through Coinbase. It was easy to sell and funds were in my US bank account the next day (or 2 days I don't remember).

After I sold I never looked back. The closest I come to cryptocurrency is watching Mr. Robot and the occasional GFY thread.

About to dip below $8,000. Hope everyone sold higher!

the bears are in control...downwards resistance is weak...volume is also low...the winter is coming!

I thought it was going to hit 10 or 11 and head back up but when it went under the 9 and now 8k, it´s only heading one way :warning

It will hit 7.5k within the day.

The trend is most definitely downward.

the bears are targeting sub 6K...upwards resistance is high...volume, if any, is red...selling momentum is increasing...the 200 day moving average is about to be tested, if it gets breached I also predict sub 6K by the end of the week...

ITS THE FINAL COUNTDOWN! :GFYBand

And I am buying all I can :2 cents:

so will I but not until I see a clear sign of upwards mobility and trend reversal...

We have a new oracle here :1orglaugh

Crypto selling will continue going into tomorrow morning and may accelerate afterwards depending on the outcome of the U.S. Senate Banking Committee's Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission on Tuesday February 6th at 10am EST.

If you thought speculators were skittish about South Korea's, China's and India's plans to crack down on crypto over the last 2 weeks, just wait until the U.S. Government announces their plans to curb crypto.

6.8K/BTC just a minute ago

https://archive-media-0.nyafuu.org/b...6578879216.gif


329B total market cap for all cryptos

https://media0.giphy.com/media/4BJmyX29yfTLW/giphy.gif

It´s probably going to continue crashing until about 1k then level out before heading back up to maybe 5 or 10k again for December...

either way, it´s certainly allowing all coins to have a prosperous year once they´re all evened out.

I believe the big money investors took their money out of BTC in December, when it hit 20k, just before the plummet. One of the main investors with BitCoin´s also a big investor in Naga, so this could be the logical business move they´re going to be making...

All the currencies are certainly dropping, now is the question, where does it end &, a massive question, will they ever rise again, especially to the places they were?

Garry's post gave me brain hurt...

SELL if you still can :) next stop will be $5000

Avarice is clouding your judgment with delusions of grandeur. Most of this crap is going to ZERO and never coming back.

Crashing, crashing. Cash out while you can.

Massive resistance at 7000

If this baby hits 1500, I'll go BIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIG

They delayed the us government thing for another week...smart move on their side to let crypto bleed out some more before the meeting...then they can point the finger and be like "look Ponzi!"...and everybody will be like oooooooh aaaaaaah!

Not looking bullish at all...a few dead cat bounces here and there but the volume simply isn't going anywhere but down...

The good news is the US economy is about to go down...the Dow is taking a dump and will probably continue...

It's fud AND fomo at the same time...

Oh and BLOODBATH! BLOOOOD! THE STREETS ARE RED! THE DIPPENING IS ABOUT TO HAPPEN!

NEVER! I'l HODL till eternity :1orglaugh

it´s not clouding no judgement, I reckon you could be right, saying most...

it´s putting Naga coin on the map as Roger Ver withdrew his Bitcoin back in December, millions of 20k BTC :helpme he knows what he´s doing :winkwink:

Says who? Senate.gov link I posted above still says it's scheduled for tomorrow morning.

I'm buying some more when it gets in the 5000-6000 range.

Last month you were a bitcoin hating mfer was now you're the peter schiff of far-in-the-jar coins? lol

You'll have that opportunity very soon.

In about an hour or so by the looks of things :2 cents:

I see 3 scenarios:

1. Good news arrive today and it "only" drops to around $5.5K, before recovery starts
2. Bad news arrive today and it drops to something as low as $20
3. No bad news arrive and it keeps dropping until it reaches $1000 <-- that's when I buy more

but who the hell knows anyways. if you want to make money in crypto right now, you need to high frequency day trading or have patience to holdsomething you believe in.

well that has covered pretty much every angle :winkwink: :thumbsup :1orglaugh


Personally think it´s going to continue dropping until it´s just under 1k, then rise through the year to about 8 k :2 cents:

I think it will hit 1500 and then later pop to 30K range on its way to 100K

the best time to buy?

wait for a week, it will be down to 3-4k

oh I still think its fart-in-a-jar but your boy trump is fucking up so the fart market may well rise again and I will make some nice short term profits...sweeet...

I'm hoping for the best!!! Even though I'm sure it will rise again. But isn't this the time to buy??

I look at it this way....

I'm no expert investor. Fidelity handles my stocks (and they do a pretty damn good job of it too). I've been watching this bubble grow and been skeptical of the viability and practicality of cryptocurrency going into the future. But the more I read about it, the more I realize that it's dug in like a tick and not going anywhere.

The price could do a full correction and go back to the 1000 range -- but it could also balloon up again to 20k. Maybe beyond that. It's worth the gamble for a modest investment.

News about BTC keep getting worst, what is next??

http://i64.tinypic.com/29qmveo.gif

You have to decide whether you intend to profit from cryptocurrencies or not.

If the answer is YES, you need to

1) become resilient
2) dig deeper, get better sources and disregard the panic and misinformation being spread in the mainstream media. You're marketers, you should know best what attracts eyeballs (hint: emotions) and understand that the media is just marketing in overdrive. They make their money from repackaging the truth and from selling fear, panic, sensationalism, etc. It's not a pretty game, but understand their game and beat them at it, don't fall for it.
3) be patient
4) have extra funds ready to buy the dips/average down when opportunities present themselves
5) constantly educate yourself

If the answer is NO, sell at a loss and find something else that better suits your risk profile. ;)


ps. perfect case in point: the above post. If you do your research, you'll realize that most of that post is either BS or half-truths without the context.

You're autistic, huh?

This is nonsense.

looks like a little rebound after hitting low 6K...or maybe its not a rebound but a HUGE BULL TRAP!!!!!!!!!!!!

https://media2.giphy.com/media/5qoRdabXeT4GY/giphy.gif


https://vignette.wikia.nocookie.net/...20130328215316

http://www.reactiongifs.com/r/heart.gif

It's a trap. It'll go below $5k within a week.

In my bones I can feel it.

I almost entered back this morning but there were 2 good things going on:

1) the US senate shit was not that bad...it was kinda positive
2) strong support at 6000$

-a perfect time to set a bull trap-

So why not go like 50x long? You could have profited like $100k off a decent sized position then just close out at the top of the trap, if you really think it is one.

This is where we separate the Men from the Menudos. Buy and Hodl.

What exactly was nonsense in that post. Seemed pretty accurate to me.

Enlighten me please.

You would have to ask the money guys that are manipulating the price.

There are quants, statisticians, HFT programmers, and media people that are causing the wide swings.

margin trading crypto is gambling...I do not focus on "instant money" I focus on not loosing...in the long run, the ones who did not gamble always do better than the ones who do...

My prediction BTC back to 12K to 15K range in about 45 days

I have 1ok available now.where to invest?

:thumbsup:1orglaugh:1orglaugh:1orglaugh

also known as , holding

not rocket science