I have friend whose into this with his own money, i keep telling him it cant last .Get out before the bottom falls out. It was at 19000 when i last mentioned it to him.
Re: The bitcoin market is collapsing
Posted: Wed. Jan. 17, 2018 3:22 am
by coalnewbie
Well it's 10800 now and falling, I hope he listened.I don't know about EVs but a lot of Lambos are going to be for sale as the young get fleeced.I need a new manure puller.
I can't keep abreast of all this. As we go lower will this mean I can naked short the market? I really think the market will now see a new bottom.
You want to naked short when the market is high. Which it most likely still is. I find it somewhat ironic that the week when short selling went live was the week of crypto's highest ever valuation. Coincidence?
Re: The bitcoin market is collapsing
Posted: Mon. Feb. 05, 2018 4:49 pm
by k-2
Down to $7000 today!!!
Re: The bitcoin market is collapsing
Posted: Mon. Feb. 05, 2018 7:00 pm
by coalnewbie
It's global, bitcoin is but a one trillion dollar start ...
Competing currencies challenge the supreme authority of a nation. Eventually this will happen in other nations, including the USA. Who can believe that the USA will allow currency competition?
Competing currencies challenge the supreme authority of a nation. Eventually this will happen in other nations, including the USA. Who can believe that the USA will allow currency competition?
Bitcoin liberals are tax cheats. According to 'Credit Karma' only about 0.04% of US cryptocurrency owners are reporting their excercised gains to the IRS. That's one in 2.500.