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Is anyone else starting to become a bit worried? mod note in first post

Autochange

Bear markets
Fud
Regulation
Wall Street manipulation
The supposed tether ticking time bomb

What are your thoughts? Have you cashed out? Have you been buying the dips?

MOD NOTE:
Its good to see healthy debate and discussion taking place and I am sure every supporter of cryptocurrency and blockchain can agree that the contrarian viewpoint is worthwhile reading, if only to act as an anchor and help prevent investors from getting carried away in an echo chamber of "everything is wonderful, just keep going"

However, there have been a few reported posts recently which I did not action as I wanted to see the thread level out itself rather than start forcing viewpoints and I have been in two minds about that decision.

I'm not going to single any posters out but I'm going to ask that all posters read the forum charter and I want to point out that it was established years ago in the Television forum, that dropping in on a forum to tell the followers of that forums topic (in that case a particular tv show) that it was all crap and only idiots watched it etc etc was the exact definition of being a dick and attempting to troll. I know this because I was the mod of the forum at the time. Now look at the forum charter again.

There is pretty much one rule on this forum : if you cannot discuss in a civil manner, and I mean discuss, not soapbox or attack, then you have absolutely no business posting here and I have no qualms about removing your ability to do so.

This forum is for people that have in interest in cryptocurrencies, blockchain and their application to financial investments. that can be positive or negative but if you really feel the need to start pulling out memes / hiding insults in imaginary hashtags / attacking personalities or just generally being a dick there are other forums you can post in where I will let the local mods determine if it is within the scope of allowable behaviour. Here, it is not.

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ballyharpat

Ye have convinced me, absolutely no need to be worried at all, when it was at 20k there was nothing to be worried about, when it was at 10k there was definitely nothing to be worried about, when it was at 5k, even less to be worried about, as it was gonna soar even higher, wow, it's up 10% in the last 2 weeks, definitely on the way to 250/300k!!!

I'm in smh.

JJJJNR

Thanks for sharing, what exactly is your point.

tcawley29

ballyharpat wrote: »

Ye have convinced me, absolutely no need to be worried at all, when it was at 20k there was nothing to be worried about, when it was at 10k there was definitely nothing to be worried about, when it was at 5k, even less to be worried about, as it was gonna soar even higher, wow, it's up 10% in the last 2 weeks, definitely on the way to 250/300k!!!

I'm in smh.

Want some dip to go with that chip on your shoulder?

Dohnjoe

ballyharpat wrote: »

Ye have convinced me, absolutely no need to be worried at all, when it was at 20k there was nothing to be worried about, when it was at 10k there was definitely nothing to be worried about, when it was at 5k, even less to be worried about, as it was gonna soar even higher, wow, it's up 10% in the last 2 weeks, definitely on the way to 250/300k!!!

I'm in smh.

Strange how you pick the highest figure and go from there, instead of a few hundreds dollars 3 years ago

And while we're on that subject

ballyharpat

Like I said, I’m sold- it’s great, who in their right mind could argue against it?

We’re all believers

Dohnjoe

ballyharpat wrote: »

Like I said, I’m sold- it’s great, who in their right mind could argue against it?

We’re all believers

I am sure many projects will go down the drain, regulation could strangulate the market, at any moment we're one large exchange hack (Binance) away from a 20% drop

That said, some projects may do well, it's unlikely the market will permanently be in a bear to nothing, in fact I'd guess there will be many sharp rises and crashes due to the speculative nature and FOMO appeal of the market in general

makeorbrake

ballyharpat wrote: »

Ye have convinced me,

This seems to be something that gets regularly misunderstood. This sub-forum provides the opportunity to discuss. Whether you're 'convinced' or otherwise is a matter for yourself. Everyone makes up their own mind.

ballyharpat wrote: »

no need to be worried at all

If someone has put significant funds at risk, of course there is always room for worry. It's a nascent technology traded in a nascent market. It's volatile - anything can happen - as accepted by all here.

ballyharpat wrote: »

it's up 10% in the last 2 weeks, definitely on the way to 250/300k!!!

Ok, so you're getting exasperated because someone forms a different view? There's nothing you can throw out that will confirm that cryptocurrency is going to RIP completely. Again, everyone here accepts that it can still drop considerably as well as go the other direction. It seems to me that you're the one with the entrenched view on it as you're only willing to accept one outcome...

Bob24

No need to feed the troll ;-)

JJJJNR

https://www.youtube.com/watch?v=-r679Hhs9Zs

Grumpypants

Another green shoot.

JJJJNR

That constitutes a three white soldiers pattern.

Truckermal

JJJJNR wrote: »

That constitutes a three white soldiers pattern.

Change that fcuking thread title! Anyone buy at €2800? That was a sweet investment if you did....

Bob24

ETH seems to be particularly on fire. Up 29% in the past 7 days (BTC is up 13%).

grindle

Bob24 wrote: »

ETH seems to be particularly on fire. Up 29% in the past 7 days (BTC is up 13%).

As it should be, that ratio is way too low.

cnocbui

Truckermal wrote: »

Change that fcuking thread title! Anyone buy at €2800? That was a sweet investment if you did....

The first coins I bought were when the price was in 3 digits.

Grumpypants

My first ETH was a fiver !!

grindle

Grumpypants wrote: »

My first ETH was a fiver !!

Lucky fúck.

Dohnjoe

Grumpypants wrote: »

My first ETH was a fiver !!

and when, 2 and a half years ago? calculate that yearly return

JohnnyFlash

Anyone considering buying a 'piece' now that bitcoin is going to the moon?

Thargor

What?

JJJJNR

Crypto party!

https://www.youtube.com/watch?v=l3eww1dnd0k

q85dw7osi4lebg

Black Hurracan ðŸ‘Œ

JohnnyFlash

Thargor wrote: »

What?

Well it’s going to the moon according to fans of crypto, and the mantra is ‘be your own bank’ or ‘not your keys, not your coins’. So if you all become mega rich then you’ll be a target as you will be managing and storing your own wealth. So are you going to buy a load of guns to protect your cryptoriches??
The right to gun ownership is a big thing in the Reddit and Twitter crypto universe.

Grumpypants

Dohnjoe wrote: »

and when, 2 and a half years ago? calculate that yearly return

2017 alright, the good old days when you could get a tenner off your granny and buy 2 Etherium, a pack of stickers, a bag of jellies and still have change

Looking around now i think EOS is the one with most potential. It's around $4 and that's where the majority of App are being built.

That's my focus for the next few buys.

Thargor

Bit of a dump there!

makeorbrake

https://twitter.com/i/status/1099689047662964736

el diablo

Mini bull run over. This bear market ain't ending any time soon. Hopefully nobody here FOMOed in.

Truckermal

el diablo wrote: »

Mini bull run over. This bear market ain't ending any time soon. Hopefully nobody here FOMOed in.

Anyone that bought at 2800 is doing well though!

el diablo

Truckermal wrote: »

Anyone that bought at 2800 is doing well though!

Last time it was at $2,800 is at least 16 months ago though.

Edit: I guess you're talking about the euro price?

JohnnyFlash

What are all these new exchanges that appear to be carrying out most of the volume these days??

Zbg, Coineal, Bgogo, Bibox, Dobi

They are all using Tether pairs and make up almost 90% of trading activity. There’s just over 2 billion of Tether in circulating supply but volumes of almost 12 billion. There’s something very fishy and worrying going on, but I cannot quite work out what they are up to. Can any of the crypto gurus around here enlighten us thickos???