Has everyone been watching what has been happening to Bitcoin today/evening? At one point it reach $5,856. Crazy activities today resulting in huge increases. Not sure what it will look like by morning.
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Has everyone been watching what has been happening to Bitcoin today/evening? At one point it reach $5,856. Crazy activities today resulting in huge increases. Not sure what it will look like by morning.
Oh wow, I saw it at 5600 earlier and was :shocked: Hitting 5856 is crazy. 100 billion market cap before year end? Hell if you add in bitcoin cash, it's at 96billion now... Also I see BTC dominance is back over 50% at 54%.
Before you know it, Bitcoin will be absolutely awesome! It's already starting to dominate the markets universally and throughout the entire world! It's also becoming very popular and at a rapid rate, too :-)Quote:
Originally Posted by PROFRBcom
It made the business news yesterday, the bullish expert said, block-chain tech is still in it's infancy, comparing it to dial up.
The rest of the year will be very interesting hardfork for segwit2x going to happen in November. And there is still the uncertainty about China.
I've just missed it with a couple of domain name sales. Still next year is going to be interesting with all the political and financial changes going on.
Yes, absolutely! Next year, there will be massive changes. We'll just have to wait and see. ;-)Quote:
Originally Posted by Ace Fun
it's so hard to keep my finger off the trigger right now... I got in when it was 300 something, only cashing out here and there on big gains .. anyone think 8k before the year end?
I want it to go back to 300 so that I can cash in some more domains, and then watch it recover and climb again. But pork will be in the trees before that happens. :)
No, I think we will be very lucky for recent price. I am not selling and hoarding more, because bitcoin is still undervalued, but the short term run is too impressive. Anytime can anything happen: like new run to altcoins, which I am buying slightly now on the top of btc.Quote:
Originally Posted by wonderpunter
Everyone is talking about another surges. 10K over the corner? Possible: yes, in mid term almost certain. But far from certain. It is bitcoin, not Dow Jones. In a week can be 4K.
Still nothing makes me more happy than this, because I am finally starting to write affiliate programs who all the time stole from me to **** off and choke yourself with the money. It feels really great.
It was pretty much to be expected that this would happen. Everyone in my technical trading community and myself expected this. Especially with the hard forks coming up. Everyone is going into BTC right now because they get the new coins when the fork happens and everyone is prepared for it after BitcoinCash.
What's really crazy is that it happened so early. The BX2 fork isn't until Nov18 and the BTG fork isn't until Oct25 (the blockchain won't operate until early November for BTG)
So unforunately the alt coins are suffering hardcore right now as BTC powers through. Cheap altcoins are here now and that's the best part. BTC is going up, alts are going down and when the fork is over there's going to be an alt party - Christmas is coming early!
Any time an asset surges 20% in < 2 days, taking something off the table is a good idea. Rarely do such moves in financial instruments go straight up without some sort of retrace to confirm the price action. I wouldn't fault you for taking some profits. Although my intention would be to rebuy when it retraces 50% of the latest move up and then bank the difference in fiat.
Then again, that is simple trading and bitcoin is uber volatile. It could very well go to 8k by the end of the month for all we know. Still, even if it did, it would be nuts for it to never retest 5k previous highs from above... that's how things usually work.
It's going to rise further IMO. Consolidating now in the 5600-5800 area and forming a ascending triangle which is a continuation pattern.. with the forks still to come which everyone see's as free money (catalyst) bitcoin will continue to pump imo. Still watching the charts now and it may also form a bull pennant as well. Would not be betting against it.
Seen alot of 100x shorts get liquidated lol
Support and Payment Methods 97%
I suppose the missing 3% are because they do not pay winners and ask for sanity certificates?
Indeed.Quote:
players are guaranteed an endless fun time and great adventures
I just discovered that Microsoft now also accepts Bitcoin :)
https://support.microsoft.com/en-au/...y-with-bitcoin
They "accept" btc for years. But in fact, they do not.
http://time.com/money/3658361/dell-m...pedia-bitcoin/
tldr They use middlemen btc processors, so they never deal with btc directly. This is the story for most businesses that accept crypto. But there are exceptions like Overstock, who hodl half of btc they got, so they will be pretty stuffed with btc.
Quote:
Originally Posted by Sherlock
Yeah can understand that. BTC payment processors are actually really easy now. The processors don't even deal with the btc directly, they more so just get you public keys and adresses associated with it, then all they do is basically monitor the blockchain. A company like microsoft wouldn't be dealing with it like this I suppose, OR they are and avoiding tax easily.
Let's see what happens, but I think a drop will be coming soon followed by a push upwards again. Basically, the same thing that's been happening over and over again.