Crypto Currency Thread
Discussion
Thesprucegoose said:
I honestly don't get the hype around this. How could the sec ever agree to allow funds to be invested in something that that is so heavily manipulated by others it is unreal.
Yet people still think it will happen, it is like a Folie à deux.
Sprucegoose skepticism is a strong buy signal.Yet people still think it will happen, it is like a Folie à deux.
dimots said:
Sprucegoose skepticism is a strong buy signal.
This thread is generally a good contra indicator. The etf was denied months ago; the announcement was just a confirmation. All etf applications will be denied until there are market accepted price indices. That was the reason for denial.
As for manipulation, the definition of this is generally that there is someone in the market with more money than you.
We are talking about fake million trades on a top three exchange, this is more than what you say for a start. BTC has still more than doubled the money in just over a year. There is money to be made, I'm glad the hype is getting more controlled. I actually think another coin will get one before BTC, maybe eth or an alt.
wisbech said:
SEC rejected ETF
I would like to point out this is the Winklevoss ETF which is essentially unchanged from the last time they proposed it, and were rejected.The CBOE/ SolidX proposal is a whole different kettle of fish...
Their contracts being a 25 BTC minimum means that the average punter isn't going to be losing half their pension to manipulated markets.
Joey Deacon said:
Crashy McCrash face today but nobody seems to care anymore?
XRP down 19.15%, EOS down 21.72%, IOTA down 22.23%, TRX down 18.05%
Because nobody really knows why, but it is just an exodus after the mania. The btc hardcore will see all this as nothing to worry about as it is still early days (10 years ish)XRP down 19.15%, EOS down 21.72%, IOTA down 22.23%, TRX down 18.05%
Joey Deacon said:
Crashy McCrash face today but nobody seems to care anymore?
XRP down 19.15%, EOS down 21.72%, IOTA down 22.23%, TRX down 18.05%
I am genuinely flabbergasted most coins are still worth more than just above nothing. I think it demonstrates we have a lengthy way to go down yet. Many of the 'top' coins are broken, don't technically exist or have pretty much zero actual usage. XRP down 19.15%, EOS down 21.72%, IOTA down 22.23%, TRX down 18.05%
dimots said:
Cool. Don't worry about it. I am invested in bitcoin and there are exciting developments on the horizon, I'm all good thanks guys.
You can carry on as you were. Don't listen to me. And when a blockchain-based decentralized global energy market opens up just remember where you read it first.
And if it crashes I imagine that you’ll claim that you actually sold it all near the top.You can carry on as you were. Don't listen to me. And when a blockchain-based decentralized global energy market opens up just remember where you read it first.
Joey Deacon said:
Crashy McCrash face today but nobody seems to care anymore?
XRP down 19.15%, EOS down 21.72%, IOTA down 22.23%, TRX down 18.05%
You seem to care more than anyone else on here Joey. The schadenfreude drips out of you every time there is a downturn in the market. Very predictable - I knew what your post was going to read like before I read it LOL. XRP down 19.15%, EOS down 21.72%, IOTA down 22.23%, TRX down 18.05%
Thesprucegoose said:
Because nobody really knows why, but it is just an exodus after the mania. The btc hardcore will see all this as nothing to worry about as it is still early days (10 years ish)
Main reason seems to be due to the ETF decision which has been delayed.https://www.independent.co.uk/life-style/gadgets-a...
p_k_n said:
Main reason seems to be due to the ETF decision which has been delayed.
https://www.independent.co.uk/life-style/gadgets-a...
I just can't take any article about bitcoin seriously that uses 'skyrocket'. I'm not sure, etf approval is a very long shot, most know that.https://www.independent.co.uk/life-style/gadgets-a...
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