Mt. Gox (Bitcoin) goes down

Discussion in 'BS Forum' started by soxxx, Feb 25, 2014.

  1. SOXXX2

    SOXXX2 New Member

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    Money is leaving ethereum right now and going into bitcoin, once bitcoin slows down then the money will move back into ethereum. I only own a few eth but I I think ethereum is a smart investment going forward.

    Most of these cryptos are.....IOTA has gone up 1000% in the last month, I owned 100s of them in October but was forced to sell because Bitfinex shut down and I didnt feel like moving them to an offline wallet when I didnt have anywhere else to sell them at the time. Oh well, at least i hit on vertcoin.
     
  2. NotSatoshiNakamoto

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    Or before year end.
     
  3. SOXXX2

    SOXXX2 New Member

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    Possibly. Its gone up 7k+ since November, so it can happen again this month, the futures coming out do concern me, but it might just slow it down, it wont stop it. It actually could take it to a whole new level.

    I believe the number now is 100k by July, the layers in the data set he was referring are continuing to layer at an unprecedented pace. (Google searches, wallets, purchases, discussion, tweets, etc, its at a rapid pace and the price reflects the data)
     
  4. SOXXX2

    SOXXX2 New Member

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    Passed 12k, 13k, 14k, and now potentially 15k in a 24 hour period. Wall Street money is likely beginning to pour on.

    This is bitcoin right now in its prime, the demand is increasing, the supply is decreasing, even the best traders are probably holding back from selling right now, a dip will occur, but this is insanity.

    When it passed 10k, there were many stories, I cant wait to see tomorrow.....
     
  5. Poeman

    Poeman Well-Known Member

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    How much do you have now?
     
  6. The Waterboy

    The Waterboy Well-Known Member

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    He sold his $400 belt and $700 jeans and bought some with that
     
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  7. dawinner127

    dawinner127 Well-Known Member

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    Jesus christ. My friend made about 200k a few months ago. I'm sure he wishes he didn't sell out now
     
  8. NotSatoshiNakamoto

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  9. cgrec

    cgrec Well-Known Member

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    17,631. This is absurd
     
  10. SOXXX2

    SOXXX2 New Member

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    Whales are driving the price up to crash Bitcoin when the future come out.


    It hit 19.3k. Im not going to even try to play this, it could be at 30k by Sunday, only for it to crash down to like 10k.......
     
  11. NotSatoshiNakamoto

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    can you explain the logic behind that? why would they want to buy up btc to sabotage it with futures?
     
  12. NotSatoshiNakamoto

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    I don't see how the futures markets don't turn into a shit show anyway. Bitcoin is unregulated and untraceable, but they're going to do futures on it? The whales are going to manipulate the shit out of bitcoin prices and make a killing.
     
  13. NotSatoshiNakamoto

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  14. SOXXX2

    SOXXX2 New Member

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    They can short it, crash the price, make money from shorting it, and then be able to get people to panic sell and then they can in buy in cheap.

    Im not against a crash though, I would buy more in, but TBH I don't have a clue whats going on and no one truly does. This could just be the pace where bitcoin is now heading.....which would be necessary for it to 100k and eventually a million with the next year or two.
     
  15. SOXXX2

    SOXXX2 New Member

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    Yep but just strap up and hold on. Keep in mind to, up until this point big money has NOT been able to be moved in because of limits that coinbase and gemini have. That is going to change, their are banks, hedge funds, etc sitting on millions and billions that will be put into the bitcoin market soon.
     
  16. NotSatoshiNakamoto

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    [​IMG]
     
  17. NotSatoshiNakamoto

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    McAfee is a nut IMO but he's been right on this stuff so far


     
  18. NotSatoshiNakamoto

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    looks like ETH may be starting it's correction back towards the BTC trend ... hop on board
     
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  19. SOXXX2

    SOXXX2 New Member

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    Litecoin to, I own a good amount of litecoin.

    I would move into litecoin ASAP, I have information saying $290 by february, $1000 by end of next year.
     
  20. SOXXX2

    SOXXX2 New Member

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    Alright here we go with more "news", I had information told to me that Litecoin would be $100 by Christmas, that was from Cliff High, back when Litecoin was around $50.....that is clearly correct. Now yesterday, another guy said Litecoin would reach $125-$150, any day now, of course today it broke out to $144, and is $132 as i type this.

    NOW, going forward, by the end of January/early february, litecoin will be $250-$300. Litecoin will be $1000 by the end of 2018, and in 2019/2020 move to $7000-$10,0000.

    Now obviously its a lot to predict right now, but the $50 --> $100 was correct, and the $90 ---> $125-$150. Both came actually early. Now we will see if the $250 predictions comes true to next month.

    And Ethereum $1500+ next year.
     

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