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While you were all focused on BTC

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posted on Jan, 16 2018 @ 03:39 AM
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In other news:

It looks like Swift is answering the very real thread Ripple is posing to their business.

Check it out

Swift has signed a memorandum of agreement with seven central securities depositories to look into how blockchain can be used for post-trade processes, such as proxy voting.




posted on Jan, 16 2018 @ 03:59 AM
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I bet when the people that mortgaged their house to buy bitcoin at a high price wake up, they are going to have a heart attack.

I can't get to bed. I am literally stuck on watching all of this.

I am with you on the Goldman Sachs and corporate entities manipulating the market. This is crazy.



posted on Jan, 16 2018 @ 04:11 AM
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a reply to: liejunkie01

Please remember that the nature of this market does not preclude the possibility that tomorrow will bring a "bull run".

Until this market reaches equilibrium and all the junk is worked out of the system volatility is the name of the game.

This could be manipulation, or it could be the known nature of the cryptomarket.



posted on Jan, 16 2018 @ 04:23 AM
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a reply to: projectvxn

I find it fascinating. I have a little bit of the conspiracy in me, that's all.

It will do what it does.



posted on Jan, 16 2018 @ 04:45 AM
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a reply to: liejunkie01

i seriously hope nobody mortgaged their house for this. just a great time to buy really. volatile, yes, but also lilely to rise if patient

when i said we were in for a bumpy week, didnt mean THIS bumpy, lol
edit on 16-1-2018 by Gazrok because: (no reason given)



posted on Jan, 16 2018 @ 07:39 AM
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What the hell did I wake up to?

Don't anyone go jumpin out windows now ya hear.



posted on Jan, 16 2018 @ 07:41 AM
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originally posted by: neo96
What the hell did I wake up to?

Don't anyone go jumpin out windows now ya hear.


a buying opportunity



posted on Jan, 16 2018 @ 07:47 AM
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a reply to: whismermill

Or an opportunity to buy a couple of video cards and start mining.

More than likely it's going to get worse before it gets better.



posted on Jan, 16 2018 @ 07:50 AM
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More than likely it's going to get worse before it gets better.


Probably, but still not a bad time to buy. Personally, I'll likely wait and see what things are at tomorrow, as I feel it may be even lower then. I already planned to get into my last 5 crypto picks this week, if at all possible, but a couple of those, haven't crashed as bad.



posted on Jan, 16 2018 @ 07:54 AM
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If this pans out, I mean really explodes,
Will they call it The Ripple Effect?

Like some others, I'm too much of a gold fan, so i'm on the fence with this one.



posted on Jan, 16 2018 @ 07:58 AM
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This could be the week Bitcoin hits $5000 as predicted, but that same prediction said it would rebound and hit $60,000.

I'd like to add to my stakes, but not entirely convinced it's a good move.

Too much uncertainty out of Asia.



posted on Jan, 16 2018 @ 08:01 AM
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I'd like to add to my stakes, but not entirely convinced it's a good move.

Too much uncertainty out of Asia.


Same...I still think there will be a good time to buy, this week, but not yet. Just have to time it. Even then, if authorities in Asia keep up this back and forth nonsense, it's just not going to be good for the market in the short-term.

Maybe there is manipulation after all.....



posted on Jan, 16 2018 @ 08:11 AM
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a reply to: Gazrok




Maybe there is manipulation after all.....


Anyone's guess as to who.



A recent paper on Bitcoin (BTC) price manipulation has shown that just one actor was likely responsible for driving the price of Bitcoin from $150 to $1000 in 2013.


cointelegraph.com...

States,jack snips like the above, or big money financiers.



posted on Jan, 16 2018 @ 08:20 AM
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For those interested in how mining was effected today.

Yesterday a 1080 would have made you $185 profit.

Today $141.

$40 dollar hit.

www.nicehash.com...



posted on Jan, 16 2018 @ 08:24 AM
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The average descending triangle trading pattern lasts 1 to 3 months.
In the case of precious metals, the lack of inflation that had been the driving force created a 20 year declining triangle.
I think the fact we haven't seen the forecast chocolate meltdown yet is somewhat bullish.



posted on Jan, 16 2018 @ 08:28 AM
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I'm not so sure we can use other investment markets as a model for what will happen here.
This industry has some very key differences.

Finally got on Poloniex today. What a pain in the butt to get that license pic without glare....Still waiting to verify, but hope to be good to go for when time to buy again. Sadly though, seems there are 3 I'd like to get into that aren't there.
edit on 16-1-2018 by Gazrok because: (no reason given)



posted on Jan, 16 2018 @ 08:39 AM
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a reply to: Gazrok

I like the user interface on Polo.

Shouldn't take too long to get verified.

Which 3 ?



posted on Jan, 16 2018 @ 09:21 AM
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Which 3 ?


Cardano (ADA), I thought Stellar, but it shows as STR here (though XLM on others), and Quantum (QTUM)

So I guess only 2. I can live with that though. I don't really want Binance as it seems based in China, so they could just decide to liquidate it all if they really wanted to (who would stop them).


I like the user interface on Polo.


It's not bad, but it is a bit wonky to see how to actually DEPOSIT any funds, though did eventually find it.
edit on 16-1-2018 by Gazrok because: (no reason given)



posted on Jan, 16 2018 @ 09:34 AM
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a reply to: Gazrok

Stellar threw me too.

Don't know why it's listed that way.

Hardware Wallet like the Ledger Nano s and just use the exchanges to buy your stakes.

That way if an exchange does go kaput.

You still have your $$ offline.



posted on Jan, 16 2018 @ 09:36 AM
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Yeah, but at about $150, I'd likely hold off on a hardware wallet until I have more than I'd care to lose.




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