Bitcoin Closing In on $16,000

It’s going to keep going up till Jan 1st at least. Everyone wants to recognize gains in the next tax year so expect a sell off to start the new year.

-leveraging is dept, correct? Dollars = debt which is dying before your very eyes.

-herd mentality - was kept out of most financial instruments for the past 300 years, except for your cited bubbles of course, beanie babies and such. Now that the whole world has access to a real financial asset and no one can regulate or confuse them away from it you are able to witness what happens in a real unregulated un-manipulated uncontrolled market. Aka Free market. No one knows what a free market looks like because they have never seen one. Now of course they see bitcoin going crazy and it blows their mind.

Everyone in the investment biz knows what's
going on here... they know they cannot
get a return investment with a higher
percentage rate knowing they wouldn't
be getting&- this from a normal bank.

the Panic will spill-over into
all of the money-markets and stock markets too.

Coinbase is such a POS. Buy/sell frozen for the last 30 minutes at 16,260.

I sold all Bitcoin at 14.54 this morning. I expect it to settle next week back around 10.00 then I'll put it all back in and hold for a target of 20.00. The attempt is to outperform just holding long and exploiting the volatility. Funner than just checking the price every day.

the word "Bubble" comes to mind.

.

It's carshing:

[link to www.zerohedge.com]

Mean while all the coinbase guys who can still access the site behind the scenes claim their profits at the top.. Tooo EASY. Yea fuck coinbase. I believe they are the real attempt to sneak in the back to crash this party. Just like all the rest though, in the end they will fall and it will just be more proof that crypto will prevail.

I almost feel bad for the people who bought in at 20k with a large amount.

Nope. It only carshed because the largest exchange carshed and people couldn't buy. Huge volumes of trades couldn't take place during that 30 minutes that coinbase and gdax was down.

Correcting/Consolidating. A 50% drop would be considered a crash. I guess now its all about translation.

so, the System has a glass jaw too, then.
check.

.

You don't have to do that they will be okay in a few weeks or a the latest months. If they hold that is. The reason why BTC takes such drastic corrections is because the new money that drives up the latest bubble push has to figure out how to strengthen their hand and learn how to hold.

yup

purchases still disabled on coin base for me

People who hold bitcoin deserve to be turded on , they keep advising other people to buy in to this crap they claim to be confident but are really worried and their nerves are in shreds


Subconsciously they know bitcoin is waffle dung but they are blinded by pure greed

All the signs are there

Yea like when a tree dies and falls the whole woods the whole forest shuts down.

That is exactly why I will not getting tempted to swingtrade that shit... either, you catch the wrong point for a sell, or your exchanger is down, when you want to sell or buy...
You can get rid of your Bitcoins faster than you think that way.

Meh just choking out the”elites”

In the near future you will only need .01 bitcoin to be set for life. Right now that is about 150$ USD. Would you take that bet?

it's the period orgy of greed
that plagues Capitalism.

.

sweet sellers are selling small, currently and buyers are buy big..so it coming back up

I would take the bet if I wanted to lose my money and get turded on

if you don't have 150 dollars to risk then you deserve nothing but pity and there, you have mine.

Nice, already back to 17200 on gdax

Finally got back online and was able to purchase just above 16k.

If bitcoin ever hits $1,000,000 per coin the winklevoss twins and the creator of bitcoin will be the worlds first trillionares.

Not bad for someone who lost out on the Facebook investment only to hit the next big thing with their 2013 investment of $11,000,000 in bitcoin.

The winkelvoss twins will have 1.4 trillion if it reaches 1 million per coin

You also need to be able to buy back in at a LOWER price then you sold at...

BTC tops tend to overshoot to the moon...

GOOD LUCK!

Just HODL

Better to just exchange to another crypto that is performing while bitcoin is crashing. I've exchanged 2 bitcoins for Mona and exchanged back in less then an hour and had 2.4 bitcoins due to the difference.