Tell me why BTC wouldn't be going down to 6-7k in the next few days?

Tell me why BTC wouldn't be going down to 6-7k in the next few days?

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I can't

uh, dunno, mostly because it's in the international news daily and normies can't help but FOMO into it
>also the investment banks are getting into it with options and futures
>literally going gold mode

tell that to tether.

you really think this piece of shit wont correct eventually?

Honestly with all the big names (McAffee for example) touting that it will see 100k+ or even a million I can hardly believe it will really crash anytime before 50k

all it takes is three words from one specific man.
BITCOIN IS DONE
t. trump

Bloomberg tether fud coming tommorow. I expect it will happen sooner than you expect.

The last "crash" was pathetic, we need a big one. Why won't it correct? Goddammit.

so when's the ny times article coming out on tether

Remember what happened when people started buying gold derivatives?

The price of real gold sank because it was much easier to try to profit on the upwards or downwards trend on gold when you didn't have to buy it and could just buy cash settled pegs/futures/shorts/longs.

Because its going up
Are you blind or something? Holy shit retard

Needs more time - the last 20% correction lasted for what? 3 days? We need BTC to double day to day before the really huge correction comes.

But it will come and it will be beautiful. All that salt...

source? This might nuke bitfinex and binance into oblivion as a whole

so what would happen to tether price? go down or what?

>bloomberg tells normies that tether is worthless fake-dollars used to scam cryptofags
>tether price drops to 0
>bitfinex now holds 0 instead of 100M's
>this kills the exchange

...

>he believes tether is actually backed by real FIAT
heh.

people rush out of tether into other cryptos and moon them u brainlet

I caught it on crypto twitter. Some generally trustworthy guys are putting it out there. Just type Bloomberg tether into Twitter and take a look.

All my btc is in dash now, since the two have been seemingly inversely correlated for a bit. Could be bs, but Bloomberg did just put out that BCC bulshit.

Well actually bitfinex doesn't even hold tether. Yes, not even their own users tether, they sell them on other exchanges and their own users pay with imaginary credited bitfinex tethers.

Yes, imaginary imaginary USD IOUs. I know, It's hilarious.

Essentially, this means the total circulating supply of tether is what we thought it was, plus the entire amount that people "have" on bitfinex. Look at the picture. 1.8m. Lmao.

the tether fud has been ongoing since its creation.

you have to wonder why it still exists and nothing happened

Oh shit wrong pic
Here.

Gold had already been around for thousands of years. Bitcoin is still finding its' true value.

If trump's words mattered we would already been in a nuclear war wit NK.

But it did.
It was long overdue to crash and it only fell to 9k before shooting up to 11k again.
For it to fall below 9k we need some huge negative news.

>tfw still holding tether
Anxiouspepe.jpg

OY VEY

I need them bitcoins people

not cool bro. kys

Because BTC demand is going up.

cool af acktually

Tell me this: would you sell me your bitcoins at 6000$/coin?
That's what I thought

Because bitcoin only goes up not down

well, i just cashed out and im buying back in when you have lost half of your money

Your argument does not apply. Why would I sell it to you when I can sell it for almost double to another fool on an exchange?

Previous spikes the drop has come after price has doubled over a period of less than 2 weeks. We are not quite there yet, price doubled over past four weeks. I think the coming weeks will bring a spike up to 20,000 at least and then the crash. Spike could go even higher. But good luck timing the top if your not monitoring 24/7.

I really want it to, and maybe one day it will but here is why that if it doesn't drop in the next 3-4 days it may never drop for a long while.

>CME
>It has been ridiculously stable in the 10k range wether or not it breaks or drops from 11k
>Tether printing

--- On the other hand

>Post CME whales could dump normies after a week
>This is most volatile market and most volatile crypto
>Tether scam gets exposed

tether has to die, either now or later when it will be very painful

>for you

HIGH DEMAND. Still hard/difficult for Normies to buy. Your limited with credit cards and banks flag/make it difficult for big deposits.

>money
Do you mean like, fiat? Why the hell would anyone want that garbage? That's why I have a 9-5 job user.

Fucksake CRASH DAMN YOU!! CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH

>>Tether scam gets exposed
I'm fucking counting on it. The moment it dips BTC I'm putting in so much fiat my bank is going to call me crying tears of rage.

Daily news + normies FOMO.

This:

rt.com/document/5a251f97fc7e935f068b4567/amp/411869-us-cryptocurrency-ownership-rules

It's not going to crash. You know why? There's millions of people that feel the same as you. Any dip gets immediately bought up by a hoard of hungry people preventing any major crashes.

Underrated post. It isn't going down.

Just accept that it will never dip below $10k again and move on. $15k before 2018 or I will post my keys to /biz

bcuz clearly this time is different

*blocks your path*

down we go

This.

[D.VA pump & signal]
telegram.me/dvapump
This is our profit table. Let's meet on telegram.
XMR +25%
BCH 1st +10%, 2nd +10%, 3rd +15%
KYC +8%
ARK +15%
NEO -8%
OMG +20%
DASH +166%
ZEC +12%
Wavers +45%
EMC2 +30% ('17.12.01)
TIX +48% ('17.12.02)
REP +35%('17.12.03)
telegram.me/dvapump

because it obviously is (therefore it wont)