Cryptocurrencies

[Zatara]

I’ll be frank it doesn’t look good. Have to consider my options from here on in.

What price did you buy in at?

I met with a Jakarta based crypto exchange a couple of weeks ago...have to say, there is hardly any liquidity in the market...

 

[Zatara]

The way to make money on this stuff is to find a coin launch in a 3rd world country and do a deal with the owners...then sell on the launch day.

Otherwise id steer clear...

 

[Woolly Blue]

According to a TA expert I know, bitcoin could find a floor at about 5k USD in 2018
Mind you, he also said it could climb to 40k USD, so I ended up buying some beer.

Still a bit to go yet, but it looks like it's heading towards that level

View attachment 47220

If it can hold ground at 5k USD then it may well survive, at which point it'd become an each way ( long-term, as opposed to speculative ) bet.

After a little suckers rally, the overall trend is still down towards that 5k level ...

 

[evilwebby]

Bloodbath today. Total crypto marketcap is now $195bn. The next downleg is upon us.

 

[deipnosophist]

Precious metals (gold and silver) getting raped as well. I am maintaining a strict 'discretion is the better part of valour' in the present environment (i.e avoiding leverage like the plague)

 

[Tramps_mate]

Precious metals (gold and silver) getting raped as well. I am maintaining a strict 'discretion is the better part of valour' in the present environment (i.e avoiding leverage like the plague)

I'm waiting to get silver...

Coins btw.

 

[abelard]

 

[Efcjake]

Bump. How's your stake doing @Kev The Rat

 

[COYBL25]

Bump. How's your stake doing @Kev The Rat

He`s lost everything that`s dear to him, first Allardyce got webbed and then his Bitcoin empire went the same way lol

 

[McBain]

Yeah got a few of these for a couple of bucks and sold them last year.

Just bought a custom leopard print Lamborghini and might put the rest under the bed for a rainy day.

 

[Bungle]

@Kev The Rat Talk to us Kev, have you retired?

 

[evilwebby]

And finally.. the decisive break lower..

 

[COYBL25]

And finally.. the decisive break lower..

I need confirmation from @Kev The Rat before I believe this.

Talk to us Kev ?

 

[orly]

A 2018 low.

Wow wa wee wah

 

[COYBL25]

A 2018 low.

Wow wa wee wah

Should we be worried about the well being of @Kev The Rat ?