Yesterday bitcoin hits $1800 : SELL SELL SELL

>yesterday bitcoin hits $1800 : SELL SELL SELL
>today bitcoin just about back at $1800: BUY BUY BUY

What?

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wat is a dead cat?

>Tfw bought some more BTC at 1600

You now realize everyone this board is a moron

This guy knows what he's talking about.

When the knife drops this time, its not gonna recover for months.

Then begins the slow and steady climb. Prices driven by pure spec are never sustainable.

Anyone buying now, is in for a rude surprise very soon.

Not again.

What specs exactly are we talking about?

Name 1 good reason for the pump.

inverse head and shoulders before an explosion to $2000

screencap this

support is at 1200

>inverse head and shoulders
>no neckline
>not a stock

support is at 1740

just idiots
its always : buy buy buy

Including you in the leaderboards

ya.

okay.

unless satoshi himself shows up to dump

we arent going back down to 1200

> we arent going back down to 1200

> gois home prices will always go up
> gois buy into Enron
> gois i'm a greedy jew that trys to hard

Ya, we get it bud, you're a sheep.

ok

keep waiting for the mega dip

>guys AMZN cant keep climbing, itll go back down to $300 per share soon

this is what you sound like

Tell me why the price spiked without any positive news to show for it?

This is a classic pump and dump. No market can sustain it for long. It will eventually correct itself to its natural course.

You have the choice here to make money before the dip, or keep holding and accept you know nothing about trading.

You're both kinda right, it'll dip down to about 1500 after it his a plateau around 2200

institutional investment?

money pouring into the crypto market from big sources worldwide?

You think institutional investments happen on the trade floor?

They buy their goods behind closed doors at pre negotiated prices, so that the market doesnt jump.

Even if there was a massive investment, coindesk would have covered it.

Stay fresh summerfag.

you know you're basically saying that someone will buy a bitcoin for $1760 any day? even though gold is at $1228.

that's is a $532 difference there. but you actually believe that btc is that much of an asset that it will support itself at 1760 and will not go down from that point, but will only go up.

you literately believe in your reality, that btc has so much more to offer than gold, that it is worth paying $532 more for it.

yeah youre right
im sure the bitcoin market cap grew to almost 40 billion from Veeky Forums neets alone

30*

i can work with 1500, but i'm sure it will do a dead cat before falling some more. there haven't been any real news, rumors, or advances to justify spending $500+ for 1 btc over gold. there really isn't.

the market cap for gold is about 7 trillion dollars

stop trying to peg 1 BTC = 1 oz gold

and what do you mean
>someone will buy a bitcoin for $1760 any day?

someone is buying for 1800 RIGHT NOW

furthermore my 1740 support was obviously talking about the short term, look at this chart for more info

> market cap
> currency

wew lad

are you joking

> someone is buying for 1800 RIGHT NOW

either an autistic neet or a bot with access to $20,000+

> furthermore my 1740 support was obviously talking about the short term

wew a whole 30 minutes!? you gonna make some serious bank there. you must be a professional crypto trader pointing out a support line that will last 30 whole minutes. well buddy, you're obviously just 2pro4me.

>$20,000+

jesus christ you are being incredibly small minded

try $20 million, im talking about big buyers who have "pumped" the market cap to 30 billion dollars

and no not 30 minutes god you are dense look at the chart ffs

done talking to you

bitcointalk.org/index.php?topic=1770265.0

Read through. Market cap isn't a big significance to the bigger picture at hand.

> try $20 million, im talking about big buyers who have "pumped" the market cap to 30 billion dollars

But you're not. You can't be. Big boy 1% peoples don't pay attention to shit-stained support lines, when in the grand scheme of things - it doesn't matter. How the hell are you going to have 1 million dollars trading btc and give two shits about a 1760 support line, when you're trading on a 1 minute interval?

ffs

Just stop replying to him, if he wants to sell his BTC just let him, there's no helping these types of people