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we was much better when we was stable and at lower prices...this rally for up the last month is something that will have a correction and maybe bigger from what we saw today.. in my personal opinion this is not finished yet
Price is not stable at lower...
The price will be stable when there is enough liquidity. E.T.F. will bring significant amount of liquidity which in turn will drive the price to the moon and perhaps beyond.
Some hedgefunds are not interested in Bitcoin (not to mention to Monero) because the markets are too thin and even 100 million usd (which is a play money for an institutional investor) will drive the price of bitcoin nuts. If E.T.F. will get approved (which is unlikely), the price might rise as high as 100 000+ usd especially if the E.T.F. will get funds.
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we was much better when we was stable and at lower prices...this rally for up the last month is something that will have a correction and maybe bigger from what we saw today.. in my personal opinion this is not finished yet
Price is not stable at lower...
The price will be stable when there is enough liquidity. E.T.F. will bring significant amount of liquidity which in turn will drive the price to the moon and perhaps beyond.
Some hedgefunds are not interested in Bitcoin (not to mention to Monero) because the markets are too thin and even 100 million usd (which is a play money for an institutional investor) will drive the price of bitcoin nuts. If E.T.F. will get approved (which is unlikely), the price might rise as high as 100 000+ usd especially if the E.T.F. will get funds.
When in the history of this planet the simple people had the power to do things like this? can you imagine an early adopter that holds 500 BTC or lets say something like 20BTC?
You really believe the people who run the show on the system will allow this to happen ? can you imagine 100.000+ usd x 20 or 100? who think they will let create millionaires just like that?
not that i not believe it or i am pessimistic or anything like that. But really do you believe they will let this happen so easily ?
If 1 btc is 100 000 usd and you have 500 btc, you probably cannot even buy a flat from Trump Tower... It is so small amount of money. My advice for you is to think bigger and have bigger eyes.
I literally have no clue what's going on at the moment with the price. So where are we? We all good?
Up, down, up, down. Welcome to bitcoin
We are in dirty waters right now to see any light... the facts are the 2 big dumps and in my opinion we another one in the corner waiting for us.
i hope i am wrong on that because will be bigger from the past ones....
I hope you are right because I want to buy more coins and it is better to buy them low.
Do you have 500 usd in your books?
I am dreaming of 200 usd bitcoin....
I am dreaming of 200 usd bitcoin....
LMAO!
Last time when it was above 1000 usd in 2013 it dropped actually below 200 usd each....
I think bitcoin is too cheap for etf trading in US stock exchange.
Do not get me wrong - I would love to see it but bear in mind, the Wall Street guys are not playing with millions or with tens of millions but rather with hundreds of milions. Try to buy bitcoins worth of say 100 million usd. There is not enough coins for sale at even close to current price. The price should go like 100-1000 times higher from here to satisfy the hunger of the wall street.
I saw a "nightmare" that bitcoin will end up to 575 usd but instead of that it was 1175 when I woke up.
Definetely I would go and liquadate some gold coins and bars to buy bitcoins if the weak hands were able to dump the beast that low.
I saw a "nightmare" that bitcoin will end up to 575 usd but instead of that it was 1175 when I woke up.
Definetely I would go and liquadate some gold coins and bars to buy bitcoins if the weak hands were able to dump the beast that low.
If it goes to USD 575, I will think of selling my house.

There was a lot of talk about the SEC announcing the decision on Monday and so I totally missed the news. By the time I found out, the price had crashed and rebounded as well.

Actually I agree with this.
That's basically the point to get all in. Take all the possible consumer loans, withdraw money from Credit Cards and buy tons of bitcoins.
Sure at that point it can go deeper but then just the solution is to hold and pay little by little everything and if it tanks even further, make another "crazy" move. The worst thing that happen is that you need to work a little bit over time for some time.
In the long run it is going up any way and the sharper the drops the more likely it is that you can sell at profit even a few minutes later.