Bitcoin Cracks $5000

[devil21]

we ask because that's how we got in the first place. That's how we saw the light.

And we want other people to join the fun in breaking the power of central banks.

Did I complain about people buying at 10 USD when i first bought at 1000 usd?

Smart money knows when to fold.

Yeah Im sure that's exactly what it is and that crypto is totally breaking those central banks. Still buying that fairy tale I see.

 

[Mordan]

Yeah Im sure that's exactly what it is and that crypto is totally breaking those central banks. Still buying that fairy tale I see.

 

[Krugminator2]

Pretty big selloff. Bitcoin probably not making new recent highs above 14k in the next couple of weeks. Kind of in no mans land right now. A lot of negative news lately. If it shrugs that news off and consolidates and gets footing and works its way for a run higher over the next few months, will likely make an all time high at some point. If it fails hard probably the end of the road for Bitcoin for a long while.

 

[oyarde]

I am holding out for 1 million .

 

[Zippyjuan]

I am holding out for 1 million .

McAfee says by the end of next year- or he eats his private parts.

Big drop this week. Bitcoin has lost almost $3000 since June 26th and is back near $10,000.

 

[dannno]

McAfee says by the end of next year- or he eats his private parts.

Big drop this week. Bitcoin has lost almost $3000 since June 26th and is back near $10,000.

Funny how you mention the $3000 drop, but not the $5000 increase in the same month.

 

[Zippyjuan]

Funny how you mention the $3000 drop, but not the $5000 increase in the same month.

Almost as funny as you not commenting on the price as it went from $20,000 to about $3,000.

 

[dannno]

Almost as funny as you not commenting on the price as it went from $20,000 to about $3,000.

Actually I did, but you failed to comment on the price going from $250 - $20,000 first.

 

[Krugminator2]

Bitcoin really taking a shit right now at 9250. It looks like death. Wouldn't be surprised if this is shakeout and has a bounce. Might wake up early and look to buy. Gut feeling is lot of people using this spot as a place to exit thinking trend is over. Would like to get a flush to 9k

 

[Zippyjuan]

Retreated 27% in a week. Believed related to the publicity surrounding Facebook's currency. It rose as the Facebook story made the news and now questions are being raised about it, bitcoin is going down.

https://cointelegraph.com/news/bitc...-24-hrs-as-fed-raises-facebook-libra-concerns

Bitcoin Price Slips 10% in 24 Hrs as Fed Raises Facebook Libra Concerns

Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.

Libra, which aims to act firstly as a cross-border payment method, allegedly buoyed Bitcoin throughout recent weeks, with commentators arguing its public profile was driving publicity and uptake of Bitcoin itself.

Powell’s demands, which follow similar words from representatives of the Senate House of Financial Services Committee, leant weight to that theory.

“Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” he said during a speech before a congressional committee. “These are concerns that should be thoroughly and publicly addressed.”

More at link.

And on the way up:

https://www.forbes.com/sites/billyb...es-pushing-the-bitcoin-price-on/#8801a576e22b

Facebook Libra Interest Spikes, Pushing The Bitcoin Price On

Facebook, the social media giant that's found itself caught in a web of scandals over recent years, is gearing up to release details of its much-hyped potential rival to the world's biggest cryptocurrency, bitcoin, with a white paper detailing plans for Facebook Libra expected later today.

The bitcoin price has surged over the last few months as interest in payments from the likes of Facebook, other major social media platforms, and some of Silicon Valley's most valuable companies sparks a fresh wave of crypto mania after the bitcoin price slumped sharply throughout 2018.

 

[DilanShark]

One can monitor Bitcoin price on the Internet. By the way, what sources do you use for this purpose? Usually I just surf the pages of result. Also I check cryptolinks in order to find all necessary information about cryptocurrency. What sites can you recommend?

 

[Krugminator2]

Pretty big undercut and rally to 10.5k

 

[Mordan]

9.5k

Store of Value!

 

[Zippyjuan]

9.5k

Store of Value!

If you consider losing 25% of its value in the past month "storing value". It was up to around $13,000. It is too volatile to be considered a
"store of value".

 

[Mordan]

11.8k

Store of Value.

Anyone who bought and hodled when this post started is on massive gains.

 

[Zippyjuan]

11.8k

Store of Value.

Anyone who bought and hodled when this post started is on massive gains.

Stocks are up. Would you say they are a "store of value"? Even after the recent price hikes, BitCoin is still almost 50% below its high. Does that make it a "store of value"? What do you consider a "store of value"?

 

[kpitcher]

 

[Mordan]

15.5k

Store of value.

Overperforming gold this month of turmoil.

 

[Mordan]

18k

nobody cares hahaha.

 

[RonPaulIsGreat]

It's down to 17895 from 18500. Some store of value! hahaha.... It'll crash next time to 22.5, then next time to 30K... Always crashing!