BIT COIN (S)

[Tubey]

That was said when Bitcoin was $100, $1000 and $10,000. No doubt that it's a bubble in the long term, but I think you're wrong to call tops on it right now. It'll see a few corrections but it has a long way to go yet.

It's the steepness of the climb in value that is unprecedented and, frankly, unsustainable.

My fear is simply that there could be a few 'millionaires' right now that get greedy and suddenly have the value of a Mars bar in their portfolio overnight.

If it were me, I'd be setting an upper limit to get out, and as soon as it reaches it sell up and walk away happy. It's essentially the same as gambling. And again, if it were me who had invested early and was witnessing this spike, I'd be selling up and wouldn't be arsed if it went higher.

 

[Philw]

It's the steepness of the climb in value that is unprecedented and, frankly, unsustainable.

My fear is simply that there could be a few 'millionaires' right now that get greedy and suddenly have the value of a Mars bar in their portfolio overnight.

If it were me, I'd be setting an upper limit to get out, and as soon as it reaches it sell up and walk away happy. It's essentially the same as gambling. And again, if it were me who had invested early and was witnessing this spike, I'd be selling up and wouldn't be arsed if it went higher.

Looking at the graphs of recent growth, can't help but feel the same. Medium to long term it surely has to crash, but in the immediate future it may keep rising overall.

Interestingly after hitting $17k last night it has dropped to ~$15k now. I started tracking the price a few days ago and it was <£10k, was at ~£13.5k a couple hours ago this morning, and is currently at £11.5k...

 

[orly]

Looking at the graphs of recent growth, can't help but feel the same. Medium to long term it surely has to crash, but in the immediate future it may keep rising overall.

Interestingly after hitting $17k last night it has dropped to ~$15k now. I started tracking the price a few days ago and it was <£10k, was at ~£13.5k a couple hours ago this morning, and is currently at £11.5k...

I reckon it will bounce to 18k or so before crashing hard by the 17th december

 

[Bruce Wayne]

I may be an outlier and it's nothing personal against Kev, but I hope anyone that aspires to make money out of something that is solely reliant upon the greed and stupidity of others fails. The whole farce is frankly repugnant.

 

[Kev The Rat]

Looking at the graphs of recent growth, can't help but feel the same. Medium to long term it surely has to crash, but in the immediate future it may keep rising overall.

Interestingly after hitting $17k last night it has dropped to ~$15k now. I started tracking the price a few days ago and it was <£10k, was at ~£13.5k a couple hours ago this morning, and is currently at £11.5k...

A retrace at this point is no bad thing

 

[Philw]

I reckon it will bounce to 18k or so before crashing hard by the 17th december

Where have these dates of 10th & 17th December come from? Seen them mentioned a couple times now, or are they just arbitrary?

 

[COYBL25]

I may be an outlier and it's nothing personal against Kev, but I hope anyone that aspires to make money out of something that is solely reliant upon the greed and stupidity of others fails. The whole farce is frankly repugnant.

 

[Kev The Rat]

Remember bitcoin isn’t the bubble - it’s the pin

 

[cronullasharks]

HODL your investment

 

[Bruce Wayne]

Remember bitcoin isn’t the bubble - it’s the pin

You really think you're on some noble crusade to remake the world's financial system?

 

[Moomin]

I think most are more entertained at the possibilities, it's enthralling stuff for someone like myself who is pretty ignorant to these ventures, I've barely got the bottle to get my thrills with a cheeky treble on the footnall

It this footnall a new type of digital football which keeps giving you massive odds?

 

[Philw]

View attachment 42695

 

[Bungle]

Remember bitcoin isn’t the bubble - it’s the pin

You're just copying and pasting soundbites from reddit Kev, stop it.

 

[larrygobfiend]

Remember bitcoin isn’t the bubble - it’s the pin

Do you have a paper wallet, mate?

 

[degsy]

Watch in real time at bitcointicker.co
Tanked below USD14000 just