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Bitcoin and cryptocurrency trading thread

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Totally agree BRTY
While there is more Brokers selling Crypto Currency
Mine BTC are pretty active.

Check out the turn over in the last 180 days and there has been
Massive fluctuations.
So clearly the big holders haven't been involved.

Bitcoin.png
 
Here's a tip -
From the face of crypto himself -

104664736-GettyImages-500445678-ethereum.530x298.jpg

:rolleyes:

Cryptocurrencies ‘could drop to near-zero at any time,’ Ethereum founder warns
  • "If you're trying to figure out where to store your life savings, traditional assets are still your safest bet," Ethereum founder Vitalik Buterin said.
  • Buterin is one of many popular figures who has been impersonated on Twitter by scammers promoting questionable cryptocurrency offers.
  • The Ethereum co-founder warned users not to trust people offering cryptocurrency on Twitter.:confused::roflmao::roflmao:
 
As it gets closer (Zero) so the opportunity becomes apparent again.

Just when everyone is saying ---told you so would be the right time to buy I reckon.
It will come.
 
tech/a said:
As it gets closer (Zero) so the opportunity becomes apparent again.

Just when everyone is saying ---told you so would be the right time to buy I reckon.
It will come.
Click to expand...

It will surely fluctuate, and I am not saying it can't be profitably traded for a while.

But what I am saying is that longterm, whether that be 2 years, 5 years or 10 years, the hype will be gone and they will be worth zero, permanently.

I have compared them to tulip bulbs, but even tulips look pretty and had a value outside the financial speculation, but I don't think this is true with the bulk of the cryptos, they will go to zero permanently soon enough.

you aren't trading a barrel of oil, ounce of gold or a part ownership in a profitable corporation or real estate so there is no real world floor to the price.
 
notting said:
Here's a tip -
From the face of crypto himself -

104664736-GettyImages-500445678-ethereum.530x298.jpg

:rolleyes:

Cryptocurrencies ‘could drop to near-zero at any time,’ Ethereum founder warns
  • "If you're trying to figure out where to store your life savings, traditional assets are still your safest bet," Ethereum founder Vitalik Buterin said.
  • Buterin is one of many popular figures who has been impersonated on Twitter by scammers promoting questionable cryptocurrency offers.
  • The Ethereum co-founder warned users not to trust people offering cryptocurrency on Twitter.:confused::roflmao::roflmao:
Click to expand...

Yes, it is risky but anything that involves money making has risks. I think we don't have to be afraid of investing in new technologies.Traditional assets are safest way but not so profitable
 
So_Cynical said:
Goldbloc - thats my idea cept i thought silver would be easier.
Click to expand...

LionsGold Limited AIM:LION are presently suspended on AIM for about 3 to 4 months due to the 100% purchase of Trac Technology Limited. AIM regulators have ruled this to be a reverse takeover. Goldbloc is on track to be released by the end of June 2018 in the UK. Early next year Goldbloc is set to be released in India.
https://www.lionsgold.com/investors...ieved-directorpdmr-holdings-2018-04-23-100317
https://www.lionsgold.com/divisions/fintech-gold

LION has additional gold mining interests in India and Finland.
 
Bitcoin and cryptocurrency addicts offered treatment in the UK for the first time
A hospital in Scotland is treating people who are addicted to trading cryptocurrencies such as Bitcoin.

Castle Craig Hospital in Peeblesshire, the Scottish Borders, has created a course of residential treatment for "crypto addicts" to deal with the underlying issues and learn to live without it.

Experts say the trading of digital currencies or assets such as Bitcoin can become a behavioural addiction, similar to online gambling with some users obsessively following minute-by-minute fluctuations in prices.

The West Linton facility already runs drug and alcohol addiction programmes, but said it now treats cryptocurrency addiction by using techniques found in gambling addiction programmes.
Click to expand...
 
Bitcoin is a tad annoying. All these people with less market knowledge than me (and I know very little) making a fortune because they didn't understand or care about legislative risk.
I always thought Bitcoin would fall over due to Governments regulating it highly due to its criminal use.
 
Darc Knight said:
I always thought Bitcoin would fall over due to Governments regulating it highly due to its criminal use.
Click to expand...

I think this is coming too. In an age when governments are doing everything in their power to eliminate black markets, how much longer can they let the cryptocurrency market continue on unchecked?

There will be a crackdown eventually. The question is when.
 
Hasibul Hasan said:
I am a fx trader, i'v no idea about cryptocurrency can anyone give me suggestion?
Click to expand...
I see you have not mentioned what kind of suggestions you want; may I ask what sort of brokers you could be looking for? There are general fx brokers that allow crypto trading and there are also specific cryptocurrency brokers. If you are totally clueless about this market I suggest you start by doing a thorough research on the cryptocurrencies and blockchain before you think about trading since it is very volatile market with good opportunities to book huge profits. There are a lot of informative websites where you can learn about cryptocurrencies like ccn.com, cointelegraph, btcnews, coindesk,etc.
 
Excluding BTC as apparently it is a store of wealth like gold, but doesnt Facebook Crypto show there is zero value in all the alt coins?

If crypto does go mainstream, the big players, FB, Google, Amazon...... will just build their own technology and release their own coins. I just dont get alt coins, maybe I am getting old
 
with the bid again today (cfd, btc/usd), this is an observation post about the sell on sunday, makes this thing a little harder to read (really? you ask?) there is a solid inversion ratio that gave me permission to take a fewa small sizes and there a re few stories in this since the larger swing high printed but it's all what-if's and what-they-did's so just taking the rotation que ......long-side liquidity is playing into different areas/instruments offering a strong expansion idea, the big sell ideas being bandied around currently are a bit tardis, so i can only go with what's printing, which across the board appears to be up

sunday sells rip out the weak longs and obvious stops - pretty much about reading intent as it is about technical ideas, where the MTM's are going to show their hand and (re-in)force the trend

btc sunday sell monday bid 120819.png
 
Joules MM1 said:
with the bid again today (cfd, btc/usd), this is an observation post about the sell on sunday, makes this thing a little harder to read (really? you ask?) there is a solid inversion ratio that gave me permission to take a fewa small sizes and there a re few stories in this since the larger swing high printed but it's all what-if's and what-they-did's so just taking the rotation que ......long-side liquidity is playing into different areas/instruments offering a strong expansion idea, the big sell ideas being bandied around currently are a bit tardis, so i can only go with what's printing, which across the board appears to be up

sunday sells rip out the weak longs and obvious stops - pretty much about reading intent as it is about technical ideas, where the MTM's are going to show their hand and (re-in)force the trend
Click to expand...

following on, more cues, 11400 fished, uncle point set, retail 80% bid top clients 92% bid (cfd)
below 11400 and we revisit at least 11100's
btc sunday sell monday bid 120819 ii.png
 

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