Cryptocurrency mega-thread

[thedreadpirateroberts]

one last bounce before we go back to low 40's

this

 

[DT_35]

Scooped some more up today, love these dips.

think this is more of a gorge than a dip..

 

[BACCS]

BTC.D continues to increase

 

[The Dice Man]

think this is more of a gorge than a dip..

I'm betting on that now. All my stop losses hit 2 hours ago or more. Now to wait 40 odd minutes and see what happens with the US to decide whether to jump back in.

 

[BACCS]

think this is more of a gorge than a dip..

Even better! My last buy before today was DOT at 20USD, the market hasn’t given any major buying opportunities since then. September has historically been a red month month for the crypto market and it would appear that will play out again. I purposely didn’t buy as much XRP this morning as I wanted to, just in case we dipped further. Will scoop more up tonight or tomorrow morning.

I’ve done a bit of digging on the general sentiment in September last year before the Q4 pump, it was bearish as ****. The market is just retesting the levels it got to during the flash crash recently; BTC and ETH are trading in the same range they were stuck in all of August.

 

[BACCS]

I'm betting on that now. All my stop losses hit 2 hours ago or more. Now to wait 40 odd minutes and see what happens with the US to decide whether to jump back in.

The US are already awake, that’s why there’s been big movements in the last hour.

 

[The Dice Man]

The US are already awake, that’s why there’s been big movements in the last hour.

NYSE opens in 28 minutes.

 

[thedreadpirateroberts]

Even better! My last buy before today was DOT at 20USD, the market hasn’t given any major buying opportunities since then. September has historically been a red month month for the crypto market and it would appear that will play out again. I purposely didn’t buy as much XRP this morning as I wanted to, just in case we dipped further. Will scoop more up tonight or tomorrow morning.

I’ve done a bit of digging on the general sentiment in September last year before the Q4 pump, it was bearish as fu**. The market is just retesting the levels it got to during the flash crash recently; BTC and ETH are trading in the same range they were stuck in all of August.

keep throwing darts.. one will eventually stick I guess

 

[BACCS]

keep throwing darts.. one will eventually stick I guess

Haha, your bearish replies are always a good bottom indicator.

 

[BACCS]

China FUD
Tether FUD
Any ‘BTC kills the environment’ FUD articles to recycle to complete the trifecta of FUD stories during dips?

 

[Bostonian]

China FUD
Tether FUD
Any ‘BTC kills the environment’ FUD articles to recycle to complete the trifecta of FUD stories during dips?

Evergrande isn't FUD, it's very real and it could have a very real negative world wide impact.

 

[BACCS]

Evergrande isn't FUD, it's very real and it could have a very real negative world wide impact.

So it isn’t bringing fear uncertainty and doubt into the market? The seriousness of it long term is also being widely debated, but I’ve got no doubt in the short term it will hit all markets hard.

Do you really think China will allow Evergrande to completely collapse?

 

[Bostonian]

So it isn’t bringing fear uncertainty and doubt into the market? The seriousness of it long term is also being widely debated, but I’ve got no doubt in the short term it will hit all markets hard.

Do you really think China will allow Evergrande to completely collapse?

They have borrowed from institutions all over the world.

Their collapse could impact a lot of industries outside of the financial sector too.

Do you really think the CCP will bail them out?

 

[Ghost Patrol]

Grabbed some OMG on that dip, has bounced pretty well

 

[The Dice Man]

Volume has completely disappeared for Alts since the exchange opened. Though many are up 7-15% i the last hour.

 

[Bostonian]

Ya know ya lucks in when you set a buy order a while back then forget about it, it hits the buy order, then the coin goes on a pump in a big dip.

Hello OMG

 

[Ghost Patrol]

lol

 

[Bostonian]

Grabbed some OMG on that dip, has bounced pretty well

Didn't see your post when I was doing mine.

I fluked into it though.

 

[BACCS]

They have borrowed from institutions all over the world.

Their collapse could impact a lot of industries outside of the financial sector too.

Do you really think the CCP will bail them out?

It would not surprise me, they want their country to be a global financial powerhouse and haven’t really been subtle about those ambitions.

 

[Chris25]

Selling it all. This Evergrande catastrophe is bad news for everything

My crypto research amounts to about a minute a day at most. But even I could see this. Sold on the news.

 

[ash_1050]

And with that we're officially in a bear market for XRP, ETH, BTC and the crypto space as a whole.

Strap yourselves in, as my multi-month bear market prediction is back with a vengeance.

 

[BACCS]

 

[ash_1050]

Using that tweet here's a super rudimentary bull market/bear market chart for the corresponding months:

 

[beez]

I am very much looking forward to the BitBoy/Ben Cowen interview. I just want to hear Bitboy say 'manipulation' and Cowen go into a 10 minute rant about it.

 

[BACCS]

I am very much looking forward to the BitBoy/Ben Cowen interview. I just want to hear Bitboy say 'manipulation' and Cowen go into a 10 minute rant about it.

They haven't done an interview for a few years now and are the polar opposites when it comes to their views on the market, will be a very interesting chat!