• There has been a recent cluster of spammers accessing BARFer accounts and posting spam. To safeguard your account, please consider changing your password. It would be even better to take the additional step of enabling 2 Factor Authentication (2FA) on your BARF account. Read more here.

bitcoins

It'll be interesting to see how the market deals with $10k, it's quite a psychological barrier.
 
It'll drive more FOMO and momentum buyers, hastening the inevitable crash.
 
jt2 said:
It'll drive more FOMO and momentum buyers, hastening the inevitable crash.
Click to expand...

My natural inclination would be to be one of those.

I think instead I'll put in some of the bigger alternatives for now and wait for said crash.
 
Has there ever been a chart like this that hasn't ended in tears
 

Attachments

  • Bitcoin.JPG
    Bitcoin.JPG
    47.2 KB · Views: 75
AIG4EVR!

There's nothing wrong with it as long as people understand the volatility. Don't dump your retirement in, but feel free to play around with an amount you can deal with losing. You could probably double what you put in and check out before the trend mirrors. Bitcoin isn't the girl you marry, but it doesn't mean you can't have a fun evening.

The FOMO momentum has been here for a bit, but I think we should see some dithering around $9.5-$10k as the market decides its value. If it goes past $10k, I'd expect a big skyrocket after that and I agree with the inevitable crash, but I think it's still a little ways out(6-12mo?).
 
and exited - time to sit on the sidelines for the next few weeks.

doubled my money with minimal trades since Oct 24th.
 
byke said:
It'll be interesting to see how the market deals with $10k, it's quite a psychological barrier.
Click to expand...

jt2 said:
It'll drive more FOMO and momentum buyers, hastening the inevitable crash.
Click to expand...

CME is going to start BTC up on Dec 10.

Big Bang Theory is having a episode on it.

Look at the FOMO
https://trends.google.com/trends/explore?date=now 7-d&q=bitcoin big bang theory

I predict it's going to go big.

Yakoo752 said:
and exited - time to sit on the sidelines for the next few weeks.

doubled my money with minimal trades since Oct 24th.
Click to expand...

Congrats!
 
Boom there goes 11k 9 hours after it hit 10k. Ronnie Moas was right, the 1k moves will be nothing from here on out. 1k is only a 10% jump. There is really nothing abnormal about a move like that. 15k is the next pause.
 
Kraken was shitting the bed all day yesterday with gateway errors, now Coinbase is down. Really glad I don't rely on these sites!
 
Damn. All that money for no intrinsic value. Will be interesting to see where this ends up.

:loco
 
Yep. The dollar has LOST over 15% this year against other currencies. And can be printed at will by a private institution. Which one is a fraud? Bitcoin or that paper in your pocket? And bitcoin cannot be counterfeited.
 
panthera said:
And can be printed at will by a private institution.
Click to expand...

how is that different from crypto?

Every week a new ICO occurs. What do they do different?

the way bitcoin would be printed at will would be through simple dilution. Which is exactly what we have been seeing. There appears to be no limit to how little bitcoin you can buy. As long as I can continue to buy with no minimum, it's no different.
 
Last edited:
also, bitcoin at $9200?

I was starting to debate jumping back in :laughing

glad I held off!

now to monitor for a low entry point --- as coinbase becomes unresponsive
 
Last edited:
You must log in or register to reply here.
Back
Top