Trading Financial markets : BITCOIN as an alternative to regular currency

Long, short, Bitcoin, forex - Plenty of alternate market disuccsion.
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Orixian
Posts: 74
Joined: Sun Sep 06, 2015 12:36 am

Wed Jan 17, 2018 6:57 pm

Euler wrote:
Wed Jan 17, 2018 4:09 pm
Guarantee you people are anchored to their purchase price of crypo's so when that is breached new selling will set it.
Sound logic but at what price is that? People have been buying at different prices all the way up. Its more likely to be a psychologically key number like the $10,000 mark I think. If BTC crashes through that over the next few days and stays low then that will be curtains for a while. Also some of us that have been in the game for years have seen bitcoin retrace by 80-90%, dust its self off and carry on. We are also massively net because we sold along the way so we will create a floor. I haven't sold a thing, the last two times I did I passed up on enough money to retire so Id rather risk what I have left in the market than do that again. (I also highly rate the coins I hold)

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Euler
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Wed Jan 17, 2018 7:07 pm

I think that's a very sound approach to a speculative position.

Some of my best long term investment gains have been from going in heavy when I knew there was value and then reducing the position when it matured but letting a fair bit run. Had some massive returns that way.

dragontrades
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Thu Jan 18, 2018 4:13 pm

For me when the bubble truly bursts it will be the altcoin bubble and to sell altcoins you have to go back into btc and eth so if there is a 90% crash it will not be on btc.
If btc gets over bought again like it seems to do in every cycle then I can see somewhere between 30-40k in march/april before another correction to the 20k levels.
This is one of the most emotional markets i have ever seen because people are putting in more than they can afford to lose and so there is so much panic so frequently, combined with huge FOMO and hype when the price is running up.
Surely perfect trading conditions

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Euler
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Thu Jan 18, 2018 4:43 pm

This was a nice balanced read: -

The only blockchain project that has crossed over into mainstream recognition so far is Bitcoin, which is in the middle of a speculative bubble that makes the 1990s internet I.P.O. frenzy look like a neighborhood garage sale. And herein lies the cognitive dissonance that confronts anyone trying to make sense of the blockchain: the potential power of this would-be revolution is being actively undercut by the crowd it is attracting, a veritable goon squad of charlatans, false prophets and mercenaries. Not for the first time, technologists pursuing a vision of an open and decentralized network have found themselves surrounded by a wave of opportunists looking to make an overnight fortune. The question is whether, after the bubble has burst, the very real promise of the blockchain can endure.

https://www.nytimes.com/2018/01/16/maga ... ubble.html

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marksmeets302
Posts: 500
Joined: Thu Dec 10, 2009 4:37 pm

Fri Jan 19, 2018 7:55 am

Bitcoin's price swings are so huge that even ransomware developers are dialling back their reliance on the currency, according to researchers at cybersecurity firm Proofpoint.

https://www.theguardian.com/technology/ ... developers

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megarain
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Sat Jan 20, 2018 7:48 am

Wasnt sure where to put this .. but does show, BTC can be traced.

https://www.elie.net/talk/tracking-desk ... end-to-end

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Euler
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Sun Jan 21, 2018 6:01 pm

Image

RicHep365
Posts: 101
Joined: Thu Nov 23, 2017 9:42 am

Mon Jan 22, 2018 2:05 pm

Not really sure what to say about that

informer01
Posts: 1
Joined: Sun Jul 01, 2012 6:25 am

Tue Jan 23, 2018 2:41 pm

Продажи бананов резко повысились. Пришло много покупателей. :lol:

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Euler
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Thu Jan 25, 2018 12:53 pm

Blockchain & Crypto-Killing Venture Capital

https://www.youtube.com/watch?v=Mir0mikQzt0

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