Am I misunderstanding something or has Bitcoin broken below 12,000?

[link to www.worldcoinindex.com (secure)]

Nope

No, but it's got close a few times in the last hour

Last Edited by GTB on 12/30/2017 11:55 AM

Thank you, very good site. I appreciate the link.

Well yeah, how are we supposed to make any money? Pump the price with hype and get a lot of new people in the door. Then sell and take all their money dumping the price. Repeat throughout the year.

Id say close enough OP

$ 12,307.40 -14.78%

The trend line shows the intrinsic value of bitcoin is between $2,500 and $5,000. Overbought.

Bitcoin less than $20 a year from now. Cryptos main stream now and Nothing more than a pump and dump scheme.

Teh whole shit is tanking like a brick

those who bought in at $20,000 are jumping out of windows

The minimum AVG was 12.048, vertellen close, Maybe below 12.000 on something exchanges

The 24 hour low has been $12,082.36

I dont think we will go much below this. But if it drops to 10K Im in for 10 coins.

Yeah, but most people will buy on the pump and sell on the dump.

On one exchange there is 7x the volume of Ripple being traded than Bitcoin. My guess, another holiday pull back as people get out for the weekend and Ripple sucking up lots of that money.

Does anyone really know if the people buying these big blocks of Ripple are the same ones selling it?

Another issue is Coinbase lagging in approving new accounts...I've heard it's a two week backlog.

CB is the primary fiat on ramp for the USA...these are all buyers who can't buy just sitting there waiting for CB...

Secretly? I think CB is insolvant and cant handle the newcomers buy requests.

Not enough cash to float them.

Anyway thats part of the reason for LACK of buyers.

There was a thread on here last night talking about a 450 million buy and a similarly large sell order put in for Ripple.

Probabaly big money positioning in. They have the money to move markets so they can get in or just make a quick buck.

Bitcoin $212,962,560,000 $12,697.60 $14,438,900,000 16,771,875 BTC

It's at 12.9 on coinbase.

Be Prepared
You want to play out all these scenarios in your head now and make decisions on what you will do if they occur. Because from experience I can tell you, when stuff is happening in real time your emotions will flood in and your decisions will be clouded.

It was activated by Chris Larsen it seems (founder of Ripple)

You have a lot of money set aside for riverboat gambling.

I recovered my initial investment a few years ago. Im playing with profits now. Not saying I enjoy loosing those profits, but it does make a loss a bit easier to bear.

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