Keep your eye on BTC

[Dexter]

Big drop going on right now.

Whale dump.

Look for a good time to buy. Right now at $6000, could go even lower.

Hold off for awhile now if you need to buy, the sell off is still happening.

 

[Gymrat27]

Ya when I seen it go below 8 I spent what was left in my wallet so I wouldn’t lose anymore money on it. Definitely debating on buying some right now though I’ll probably give it another day or 2

 

[Dexter]

Gymrat27" pid='84501' dateline='1584043692:

Ya when I seen it go below 8 I spent what was left in my wallet so I wouldn’t lose anymore money on it. Definitely debating on buying some right now though I’ll probably give it another day or 2

Don’t buy yet, it’s expected to go down to 40% drop. Expect a rally at around 5000, short spike and another dump.

There’s been more than just whales dumping as of right now, there was some fraudulent activity of about $120 million in BTC in China awhile back. This is basically a complete shit show. With oil prices dropping and I suspect sanction countries like Iran that use btc to sell their crude, this is problematic as well.

This is probably a short recession in the making, possibly a 3 month downturn.

If I didn’t know better someone played a grand masters level of chess, China hates Trump, what better than to have a chance to test Trump with a recession leading up to election, I suspect he’s pissed.

---

The other thing is the halving event that is coming up in april, the price of btc mining will probably put most miners in the red and be a complete waste of time. That could tank btc through people just ignoring it and moving over to another coin.

 

[AQualityPoop]

Fuck crypto. Put options and UVXY all day.

 

[Dexter]

AQualityPoop" pid='84506' dateline='1584048872:

Fuck crypto. Put options and UVXY all day.

I agree crypto is shit.

I’m just thinking about those sources with large btc holdings, not a good time to be left holding onto this when it could drop to 3000 and not go back up to any respectable level once the halving event happens.

 

[Booger]

There are a ton of better ways to do credit than Mastercard or VISA. But the fact is that they were first so they win. The same can be said for Bitcoin. It is the only crypto that is accepted worldwide. It might as well be the only fucking crypto. I predict it drops to 3300-3900. itll be back to 14 by nov 2020. ps I’m retardy.

 

[Bloozy]

Dexter" pid='84507' dateline='1584050962:

AQualityPoop" pid='84506' dateline='1584048872:

Fuck crypto. Put options and UVXY all day.

I agree crypto is shit.

I’m just thinking about those sources with large btc holdings, not a good time to be left holding onto this when it could drop to 3000 and not go back up to any respectable level once the halving event happens.

I lost a good amount as well. Made it back with puts though. Have made a ton doing puts these past couple weeks

 

[dianabolman]

Bloozy" pid='84519' dateline='1584054655:

Dexter" pid='84507' dateline='1584050962:

AQualityPoop" pid='84506' dateline='1584048872:

Fuck crypto. Put options and UVXY all day.

I agree crypto is shit.

I’m just thinking about those sources with large btc holdings, not a good time to be left holding onto this when it could drop to 3000 and not go back up to any respectable level once the halving event happens.

I lost a good amount as well. Made it back with puts though. Have made a ton doing puts these past couple weeks

what is puts?

 

[Dexter]

24hr change has now dropped 41%. Bet by tomorrow we see 3000 or less.

It pisses me off because I was getting ready to place a large order in a few days and I’m out until we see where it lands, you can easily lose hundreds in minutes at this rate.

I wonder if Trump is gonna provide a stimulus package for AAS?

 

[Bloozy]

dianabolman" pid='84520' dateline='1584054840:

Bloozy" pid='84519' dateline='1584054655:

Dexter" pid='84507' dateline='1584050962:

AQualityPoop" pid='84506' dateline='1584048872:

Fuck crypto. Put options and UVXY all day.

I agree crypto is shit.

I’m just thinking about those sources with large btc holdings, not a good time to be left holding onto this when it could drop to 3000 and not go back up to any respectable level once the halving event happens.

I lost a good amount as well. Made it back with puts though. Have made a ton doing puts these past couple weeks

what is puts?

Put options. You’re essentially betting against stocks. In a huge downturn in the economy, like now, it can make you a lot of money.

 

[2scoopzftw]

Bloozy" pid='84538' dateline='1584067979:

dianabolman" pid='84520' dateline='1584054840:

Bloozy" pid='84519' dateline='1584054655:

Dexter" pid='84507' dateline='1584050962:

AQualityPoop" pid='84506' dateline='1584048872:

Fuck crypto. Put options and UVXY all day.

I agree crypto is shit.

I’m just thinking about those sources with large btc holdings, not a good time to be left holding onto this when it could drop to 3000 and not go back up to any respectable level once the halving event happens.

I lost a good amount as well. Made it back with puts though. Have made a ton doing puts these past couple weeks

what is puts?

Put options. You’re essentially betting against stocks. In a huge downturn in the economy, like now, it can make you a lot of money.

Your better off selling the callls since implied vol is so juiced already you prob wont make money on the put side.

Just my 2 cents.

 

[Bloozy]

MPS721" pid='84541' dateline='1584069497:

Bloozy" pid='84538' dateline='1584067979:

dianabolman" pid='84520' dateline='1584054840:

Bloozy" pid='84519' dateline='1584054655:

Dexter" pid='84507' dateline='1584050962:

I agree crypto is shit.

I’m just thinking about those sources with large btc holdings, not a good time to be left holding onto this when it could drop to 3000 and not go back up to any respectable level once the halving event happens.

I lost a good amount as well. Made it back with puts though. Have made a ton doing puts these past couple weeks

what is puts?

Put options. You’re essentially betting against stocks. In a huge downturn in the economy, like now, it can make you a lot of money.

Your better off selling the callls since implied vol is so juiced already you prob wont make money on the put side.

Just my 2 cents.

Already made a boatload of money doing puts these past 2 weeks but yea it’s getting riskier now. But we haven’t hit the floor yet. You can still get in on a lot of cheap puts tomorrow. Things are going to get worse.

 

[juicyfatpowerlifter]

Dexter" pid='84507' dateline='1584050962:

AQualityPoop" pid='84506' dateline='1584048872:

Fuck crypto. Put options and UVXY all day.

I agree crypto is shit.

I’m just thinking about those sources with large btc holdings, not a good time to be left holding onto this when it could drop to 3000 and not go back up to any respectable level once the halving event happens.

I don’t invest anything in crypto, much to volatile for my feeble heart. I only use it for buying UGL Gear. Don’t ever want to go back to WU/Moneygram again, Crypto is so much better.

 

[traininsane999]

floors at 4k. it bounces back hard at this point cause the whales

 

[Dexter]

It appears the whales from china started moving lots of coin around March 8th leading to this collapse.

I would have gotten in on the 3900 floor, but it quickly bounced I was napping when it happened.

China makes reading btc a lot harder because they are the vast majority of miners, they do everything fast so there’s little warning.

 

[Jbhulk58]

Dexter" pid='84534' dateline='1584062837:

24hr change has now dropped 41%. Bet by tomorrow we see 3000 or less.

It pisses me off because I was getting ready to place a large order in a few days and I’m out until we see where it lands, you can easily lose hundreds in minutes at this rate.

I wonder if Trump is gonna provide a stimulus package for AAS?

He wants all Americans to be HUGGGgggeeee