I've been investing in ether, and pondering if I should buy BTC and then wait for it to rise back up and trade it for ETH on Poloniex for mad gains... but I'm not knowledgable enough on the subject to tell just how far down it'll go.
there is unimaginable amount of fiat waiting to jump into bitcoin
I personaly knew someone wh0 knows someone who has 200mil sitting waiting ready to buy in
Cameron Lee
good lord people don't even try to make their bait sound believable anymore
Thomas White
Chances are if the second attempt for an ETF passes, the price of Bitcoin will spike 300% in just one day.
Gavin Miller
>This article suggests that it will dip all the way down to 900 USD.
i predict under 1000, maybe 900 at a push.
waiting another day or two cant hurt
Lincoln Bell
>but I'm not knowledgable enough on the subject
#1 reason people get fucked when investing/enterpreneuring
Jose Hernandez
Yes, I know how it sounds... I'm trying my best to learn all about the cryptocurrency market but I'm still inexperienced and it's taking some time to get a feel for things.
Oliver Carter
i made this.
Hudson Garcia
How did you come up with this projection?
I want to learn to predict things like this too.
Mason Moore
^^I mean I saw the trend line, but how do you know if it'll actually drop to that level.
Whens the date for the 2nd ETF, m8? Anything scheduled?
Hudson Wood
The article basically says "Muh double top pattern!"
I wouldn't out too much stock into it to be honest.
Sebastian Ramirez
Next is the 30th of March
Julian Jenkins
Dont. Buy gold pamps for fuck sake they are gurenteed to increase overtime. Once their are more laws made for cyber security darkweb will be eliminatrd and tons of regulations for bitcoin will be made. If you dont think jews are going to try to manipulate digital currency your extremely gullable. Dummy goys with deep pockets.
Lincoln Lee
physical gold requires haggling or accepting whatever some mail in gives you..no thanks
Ayden Butler
Haggaling gives you the possiblity of having the upperhand in negotiating a good price, bad thing for lazy people i guess. You could also buy gold jewlery at scrap price or use places like APMEX to but bars
Easton Johnson
>Chances are if the second attempt for an ETF passes, the price of Bitcoin will spike 300% in just one day.
chances of it passing is 0 the sec is not going to legitimize bitcoin
Elijah Roberts
>chances of it passing is 0 true, which makes those who hold BTC and if it does pass then they are rewarded for not listening to reason.
Ayden Lopez
Just put in staggered limit orders going up and down from the current price. You of course want to put in larger orders on the downside.
Jaxon Perry
What happened with btc?
Jose Nelson
Price went down like $100, I'd advice to sell some now.
Justin Phillips
It checks out. I went ahead and got out after asking the question. Thanks.
Xavier Johnson
is it possible to short sell BTC in this case?
Austin Jenkins
Buy Ethereum, that shit went up like crazy and it's projected to go higher
Chase Martinez
heh, thinly veiled ETH shill thread.
Landon Wood
Did you even read the decision against the Winklevoss ETF? From the order:
>The Commission believes that, an exchange that lists and trades [ETPs] must [...] satisfy two requirements [...]. First, the exchange must have surveillance-sharing agreements with significant markets for trading the underlying commodity or derivatives on that commodity. And second, those markets must be regulated. >Based on the record before it, the Commission believes that the significant markets for bitcoin are unregulated. Therefore, [...] the Exchange has not entered into, and would currently be unable to enter into, [...] surveillance-sharing agreement[s].
tl;dr: No chance in hell of bitcoin ETFs in the near future.
The reason for not approving it was not with the proposal or the owners. It was with bitcoin itself and this reasoning applies to any fund trying to trade cryptos.
Sebastian Foster
I know someone with 6 GORILLION
Hudson Morales
The past few hours chart on eth looks terrible
Its back to 39
Jason James
Pretty sure the current downtrend is because of the Bitcoin Unlimited vs Segwit shitshow.
Chances are price is going to keep dropping until a consensus is reached, but the community is pretty damn divided and hostile atm.