BTFO BITCOIN NAKDSHORT

[Anonymous No.271163]

BITCOIN BTFO THREAD.

>RED TEAM GO

[Anonymous No.271168]

bump

>carnage

[Anonymous No.271176]

[Anonymous No.271183]

Short BTC
Buy PLUG

[Anonymous No.271187]

> MUH Dutch Tulips
> Buttcoin is not a fad
> It's real currency
> You'll be sorry when its 10k per coin

[Anonymous No.271188]

someone wanted out


00:05:41 timestamp
400.11 price
414.406 coins
00:05:41 timestamp
400.3 price
1126.48 coins

Someone wanted out dumping on bid.

[Anonymous No.271192]

>>271188
Just happened to be at the present low also, kek.
Either someone is insider or its going lower.

[Anonymous No.271194]

Everybody enjoy this moment.
Tomorrow bitcoins will be dead and the crypto age will be over as we know it.

[Anonymous No.271267]

>>271194
What analysis makes you think of that?

[Anonymous No.271272]

Where do I buy doge?

Novice here. Very novice.

[Anonymous No.271275]

how to short buttcoin?

[Anonymous No.271282]

hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahavv

fuck.

yes.

I personally know 5 guys who invested more than 80% of their networth into this after the first crash, wanting to ride it back up to 1k

ahahaha

fucking killyourself faggots

[Anonymous No.271280]

>>271275
bitfinex.com

[Anonymous No.271294]

>>271282
>missing on the bitcoin
It was your our only opportunity to get rich during our lifetimes. Now it's over.

[Anonymous No.271306]

>>271294
nah, just start a business and sell a product a lot of people will want/like over the other business selling the same product

[Anonymous No.271315]

>>271306
Hilarious

[Anonymous No.271318]

>>271315
or be a pessimistic asshole like this guy who doesn't believe in himself or others

a lot of million+ dollar ideas/markets out there bro, get cracking and believe in yourself

[Anonymous No.271322]

im still 4X up. holding. if it drops to $300 im buying

[Anonymous No.271325]

I kind of need Bitcoin to fail. Then I I won't feel bad about not investing and can laugh at the friends who constantly talk up how they'll be millionaires with their 10 coins.

[Anonymous No.271371]

>>271325

I kind of need Bitcoin to succeed. Then I I won't feel bad about investing into an obvious passing fad and can laugh at the friends who constantly talk up how they'll be live within their means with their hard work and prudent investments.

[Anonymous No.271664]

>>271163

Kekkekkek. Say goodbye to your bitshekels, faggots.

I'm down for a short. Time to dump!

[Anonymous No.271738]

But what if it isn't just a passing fad? How will we know when to buy again?

[Anonymous No.272732]

BLOWN THE FUCK OUT, Round 2.

[Anonymous No.272762]

>>272732
Isn't there a strong possibility for it to rebound hard as it gets less and less expensive? Bitcoin is still on everyone's minds.

[Anonymous No.272775]

>>271738
Once owning it becomes more about being able to buy drugs or other services and not about hoping it goes to the moon.

[Anonymous No.272778]

if trips BUY BUY BUY bitcoin

[Anonymous No.272789]

>>272778
lol even when you tried to time the trips you still failed. just like BTC is failing hard. silly willy

[Anonymous No.272802]

>>272762
Yes, but as you mention it is on the minds. And the minds are in a negative wave lately. I do not believe BTC will fail but I do not believe it needs to have such a high valuation so early on. The possibility of a rebound as the value is lower is most certain especially as players with large capital are now watching the game. But talking about 5$ or 50$ is really far apart. lets say 5million coins in the active float, at 5$ thats only 25million $ to move it around and bounce a price up hard buying. With all the fiat flooded into this system since the 70s and super express since 2008, it only makes it easier to absorb BTC. Also this already got absorbed a shit load of coins on the first MTGOX hack back in 2011 when it fell from 30$ range to 2.xx$. They were shilling hard on the forums to get people to sell and sell they did in epic volume.

TL;DR No reason it can't go under 100$ in the short term as long as people keep having a negative outlook.
Heartbleed isn't helping anything either. Nor is the chinese freezing bank accounts.

[Anonymous No.272812]

>>272802
Plus a capitulation moment going under 100$ for a bit will clear weak hands as we move into the future. I would love to buy some under 100$ just to hold long term something like 2020$ or even just try to sell profits to keep free coins house money.

In the short term though I think it deserves to get blown the fuck out to really test the fortitude of the foundation.

This is an accumulators dream come true, but that accumulation everyone keeps saying will happen overnight might actually take longer than anyone expected. As the main driver of accumulation of coins is raked in by small fees from money transaction, and not as mass people HOLDING it as a store of value. As the coins are micro fractional accumulated by the big players in the industry offering instant money transfer, the valuation can then grow proper with a massive foundation of support not built on hopes and dreams.

[Anonymous No.272815]

>>272802
But I think most people are negative about Bitcoin because they don't want to admit to themselves or are spiteful about missing the boat on the initial jump above 1K. As the price drops, even further into pretty affordable territory, won't that trigger some elasticity?

[Anonymous No.272817]

>>272812
i meant the year 2020 not 2020$ price.

[Anonymous No.272821]

>>272812
Sorry, I'm still new to the finance world, trying to learn and get involved. Essentially, what you're saying is that you believe it may be in the best interest of the longterm investor to see how bitcoin handles a blow out (crashing down really low?) which, if it behaves favorably, starting to build itself back up, you believe it may be a solid long-term investment?

[Anonymous No.272846]

Doesn't matter how many times it "crashes" and you guys say the same things in the same threads. It always recovers.

That said, it is fun to watch the panic.

[Anonymous No.272849]

>>272821
Yes basically. Except more for the fact that bitcoin can only go so low before its overall value makes it able for very big players to scoop up large amounts of coins. They can not absorb coins WITHOUT a negative overtone in the main minds of people playing the game. Such as in 2011 when everyone was dumping after the hack, HUGE VOLUME DAYS such as 500k+ coins, per day. Under 5$
You'll always see volume lower and lower as price goes higher and higher. Even on this pullback its still less volume than other pullbacks.
This has always been about accumulation ever since big players are involved. Too many rich eyes are now watching and it wont go as low as before without a major risk to the code itself rather than just another exchange hacking. Who knows if that will happen. If the technology just keeps puttering along its no reason it can sustain any low price for a long period of time. Simple accumulation moving forward and that has already taken place will prevent that.
This does not prevent you from actively trading and trying to accumulate % profit into free coins for long term storage. Or even just buying outright coins at any price.
But since things move in ebb and flow. Since we are in a negative part of this flow, it will go until it doesn't. Things will not happen overnight and of course things get over blown on both the upside and downside.
But this is not a free issue stock or fiat currency. It is a limited resource that can and is being actively accumulated. POWER PLAYERS with huge cash who know the game already and run the game. So while it is getting blown out in the short term, it is being manipulated and accumulated for the 'powers to be' at every instance.

[Anonymous No.272858]

>>271163
but but but ...I go to college and I vote Rand Paul and muh life savings and this is the future ....

[Anonymous No.272860]

>>272858

[Anonymous No.272866]

This might be a support range, No reason it can't go below however.

[Anonymous No.272888]

>>271294
>It was your our only opportunity to get rich during our lifetimes. Now it's over.

You're new to this whole "trading" thing, I see.

[Anonymous No.272941]

>>272846
Winrar

[Anonymous No.273055]

>>271282
Are you serious? I'm pretty sure this is going to go sub-$300 before (or if) it recovers.

[Anonymous No.273069]

>>272812
>This is an accumulators dream come true

- Bitcoin price falls
- Time to accumulate!
- Bitcoin price falls more
- Time to accumulate!
- Bitcoin price falls even more
- Time to accumulate!
- Bitcoin price drops hard
- Time to accumulate!
- Bitcoin drops to zero
- Well, fuck.

[Anonymous No.273073]

>>273069
yep, i've lost about 33% of my initial investment with this thinking, every time it's dropped this past few weeks i spent a fraction of my holdings. now i'm not sure if i want to buy anymore until something big happens.

[deleted No.273075]

>>273069
Lel

[Anonymous No.273076]

>>273069
Hey maybe its not too bad then he can look into accumulation of regret. One commodity to another!

[Anonymous No.273095]

>>271163

>mfw sold a couple months ago
>made a smooth $20

stay mad fags

[Anonymous No.273129]

>mfw I was almost going to drop $3k when it was at $450 a couple of days ago

[Anonymous No.273137]

>>273129
>mfw i put $1k in when it was at $600 per

[Anonymous No.273193]

>>271192

How is being an insider in BTC speculation even possible?

[Anonymous No.273213]

>>273193
One could have access to information regarding what a government will be doing in the future.

[Anonymous No.273317]

Gentlemen, please. Yes, the bitcoin will continue to drop, may be even to levels below $100.
But it will not stay there, it will not die.
Why?
As long as bitcoin is the official currency of the black market, it will have value. The day the bitcoin dies is the day when it loses anonymity and function for black market purposes. But until that happens, the bitcoin will be used and thus have value.

So what to do now?
Wait. Wait until it drops to below $100, maybe see how low it goes, then buy in bulk and wait some more. If you have the guts and no qualms, maybe even convert some of the assets into contraband to sell for profit.

And to those that bought low and held past the $1000 mark and then lost it all because you didn't sell your bitcoin for hope of future profits, you learned a lesson. The lesson is this: When you are dealing with an asset with high variability that is making money, remember that pigs get slaughtered.

[Anonymous No.273337]

>>273069
>Bitcoin drops to zero

You're a poor person and clearly do not get it.

It would be very hard for it to drop to 1$ ever again, let alone a penny. Do you even understand 'zero'? The only way it would be zero is if everyone abandoned the code and didn't use it at all.

Do you deny the accumulating? If there is no accumulating then why is volume decreasing constantly. Why is it not at 2$ right now like 2011 with 500k coins trading a day.

[Anonymous No.273338]

>>273193

Doesn't Satoshi and some of the early adopters have like 5m+ BTC? If one of them decided to start cashing out, I don't think that the market could absorb such demand.

[Anonymous No.273349]

>>273317

Bitcoin will linger for a while used by niche consumers and mostly druggies.

A more commercially palatable system like Riiple will meanwhile dominate the entire electronic remittance market and become a world standard.

[Anonymous No.273355]

>>273349
>Ripple
http://ripplescam.org/

get out of here shlomo

[Anonymous No.273367]

>>273349
>Bitcoin will linger for a while used by niche consumers and mostly druggies.

Then sell to druggies on local bitcoin as you wait for the price to go back up. Charge them a premium; it's the price of anonymity to them that translates to profit for you.

[Anonymous No.273373]

>>273355

>Posts a hastily-thrown together disinfo site created by some deranged Doge "trader"

Yawn.

I'm not losing any sleep over your financial decisions, that is assuming you even have any money at stake and aren't here just to troll people...

[Anonymous No.273382]

>it's rising again

BUY BUY BUY BUY BUY

[Anonymous No.273424]

>>273382
BYE BYE BYE

[Anonymous No.273453]

>>273424
Whats up?

[Anonymous No.273461]

>>273373

schlomo pls

[Anonymous No.273469]

time to sell bitcoins and invest in the future of crypto buy mintcoin very cheap right now
this is not a pump and dump coin this is a long term coin
mintcoin.cc

[Anonymous No.273474]

i could've sold my dogecoin for three thousand dollars
three
fucking
thousand
dollars
for NO work whatsoever
now they're not worth fucking $500

[Anonymous No.273482]

>>273469

>Guys, buy this coin! I heard about it on the internet
>He said it's not a pump and dump scheme so it must be legit

This is what cryptocurrency tards actually believe

[Anonymous No.273492]

>>273482
im just trying to help people i truly believe this coin or one like this will be the future currency, POS coins are way better then the others in my eyes

[Anonymous No.273497]

>>273492
>or one like this
then shut the fuck up about your mint shit.

[Anonymous No.273499]

>>273497
wow bit hostile

[SaintMichael !/HLPF.Zj42 No.273502]

>>273474
wow a whole three thousand dollars time to kill yourself am I right

#justpoorfagthings

[Anonymous No.273509]

Well, there I hoped I'd wake up to anything interesting and it's back up to $400.

Someone let this shit die already.

[SaintMichael !/HLPF.Zj42 No.273513]

>>273509
Why do you even want it to die lol? Mad that people are making money off of it? Even if you don't agree with the fundamentals behind it you should at least recognize a massive earnings potential.

But I guess you're just too stupid :^)

[Anonymous No.273514]

>>273513
>Why do you even want it to die lol?
Because I'm tired of seeing the same "lol its over buttcoin is finished" "nuuu it'll go back up to $1000000000" threads with every instability.

[SaintMichael !/HLPF.Zj42 No.273519]

>>273514
Ok fair enough. Hide it then. I do agree though that these stupid faggots should condense their threads into one cryptoshit thing.

[Anonymous No.273521]

>>273514
you better deal with it because that will be the running theme for another 5+ years.

[Anonymous No.273523]

>>273513
>trip
>lol
>:^)
4chan is an 18+ website. Please leave.

[SaintMichael !/HLPF.Zj42 No.273525]

>>273523
Awww you're upset :3c

[Anonymous No.273608]

>>273525
Nobody likes tripfags. Except the rare occasion using a trip is needed.

[Anonymous No.273658]

>>271371
>Then I I won't feel bad about investing into an obvious passing fad
>investing
bitcoines are not investing, they're not investors. They're speculators, that's all they are.

nothing wrong with speculating, but let's call things by its proper name

[Anonymous No.273688]

Glad I made money and got the fuck out of that

[Anonymous No.273718]

>>271176
>muh technical analysis voodoo

[Anonymous No.273752]

>>273474
I knew DOGE was going to fall so I sold early and made $400. If I held, it would be worth less than $100 today.

[Anonymous No.273767]

>>273658
>This.
If people buy a financial instrument or property based on fundamentals or because the numbers are good, it's an investment.

If people buy a financial instrument or property on the hope that the price will go up for no real reason, it's speculation.

If it's completely out of your control once you have given an entity your money and you're just hoping to make more, it's gambling.

That's the easiest way I could explain it.

[Anonymous No.273769]

>>273367
It's not even anonymous.

[Anonymous No.273770]

>>273492
Made me laugh, 10/10.

On a serious note though I think if you look at the numbers based on mining and demand you want to be looking at something like bitcoin, litecoin and doge coin in a long term view.

Purely speculative speaking of course, there is no way that any of this is 'investing'. I'm just going off by demand, popularity and pricing.

[Anonymous No.273772]

>>273474
did you really believe the shills? what's wrong with you? why do people do this?

[Anonymous No.273776]

>>273492
>im just trying to help people
http://www.youtube.com/watch?v=dmLaoCImhjM&t=1m15s

[Anonymous No.275324]

blown the fuck out round 2 here we go strap into y our seats buckle the fuck up and fire the lasers.

[Anonymous No.275360]

>>273367

wtf am i looking at here

what planet is that

[Anonymous No.275370]

>>273767

So when Bitcoin benefits from the genuine utility of being able to transact value instantly and cheaply, and has upside potential as a store of value better than gold, and I want to buy a shit load because Bitcoin is blatantly undervalued and you'd realise this if you spent a minute thinking about how many people POTENTIALLY could be using this, and how much money people are LIKELY to put into the system if they do, how is this not now an investment by your very own definition.

It's more of an investment than a fucking stock - how do you know a company will be able to innovate any further? How do you know Steve Jobs won't die? How do you know the incumbent won't be out-innovated by smaller companies?

There's no certainty to ANY value of money. Bitcoin is volatile but as a technological concept and future financial tool, it definitely has value and that exceeds the current valuation.

It's an investment, you're just too poor and eatin' dem sour grapes to invest.

See you when I'm a fucking millionaire and banging teens all day instead of being at work, loser.

[Anonymous No.275376]

>>275370
>being able to transact value instantly and cheaply
This technology already exists elsewhere and with more consumer protection. Bitcoin is a gimmick.
>and has upside potential as a store of value better than gold
Fuck no lol. Did gold shed 70% of its value in a matter of months?
>It's more of an investment than a fucking stock
At least stocks in company can be tied back to revenue and earnings reports. BTC is just a puff of smoke
>See you when I'm a fucking millionaire and banging teens all day instead of being at work, loser.
OK man. Keep holding on as BTC continues to tank and you kick yourself in the ass. Stay classy.

[Anonymous No.275378]

>>275360
i wondered the same but was too lazy to investigate. i thought it was earth but now you have me questioning reality again.

[Anonymous No.275382]

>>275370
>Bitcoin is volatile
>concept and future
>definitely has value
yes
but
>that exceeds the current valuation.
No. You seem like the type of person that thinks everything should go up up up meanwhile you admit to volatility. I agree with what you say overall but try to view the market not from your own perspective but just the overall picture.
The reason i think you are this simple minded person who doesn't really understand volatility or how to profit from it, is because you then go on to say this.
>you're just too poor and eatin' dem sour grapes to invest.
they may be poor and eating sour grapes but you are a pump faggot dreamer.
People have already become millionaires off of this previous move already. yet you are still stuck dreaming of the day you can quit work. but you talk about sour grapes???
>when
>instead of being at work,
who is the loser.

And dont bash me because remember i agree but for the most part after what you said that is good you are near sighted and do not think things can move against you.

[Anonymous No.276589]

SOON

[Anonymous No.278067]

Bump for the usual Sunday sell off.

[Anonymous No.278254]

>>273769
They don't know that.

[Anonymous No.278313]

I sincerely hope it hits 10 USD or less. Then maybe we can start using it as a currency again, because all of the trading fucknuts will abandon ship.

[Anonymous No.278358]

>>278313
agreed

I own 30.04 BTC and am waiting on the long term because in all honesty the infrastructure doesn't exist yet. Only when a stupid housewife can easily deposit $3000 worth of her husband's money into bitcoins at her local Safeway will I sell

[Anonymous No.278373]

So as someone who hasn't followed any of this crytocurrency shit, is now the time to buy in or just sit back and watch it crash?

[Anonymous No.278374]

>MUH FUNDAMENTALS

[Anonymous No.278386]

>>278373
watch it crash as it slowly looses interest. #00 is almost here, 200 and 100 a stretch but could be here eventually. Buy back in if something major happens in the news but all and all wait for the long term. We could be waiting a year before something good happens