IT BEGINS !!

Discussion in 'Digital Currencies' started by SilverSale, Dec 22, 2019.

  1. Silver260

    Silver260 Well-Known Member Silver Stacker

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    Yep, it appears to be emulating equities. I'm assuming the institutional money is taking flight?

    Edit : I only watch BTC, can't speak for the alts.
     
    Last edited: Feb 26, 2020
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  2. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    USD still king.
     
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  3. slavaja

    slavaja Well-Known Member Silver Stacker

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    Has this bull run out of steam already?
     
  4. minimilled

    minimilled Active Member

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    You have a 10k note?:eek:
     
  5. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    As per my cycle chart, March was the predicted timeframe for Crypto's to start making some decent moves...
    I believe the correction should be over with... now up, up & away! :)
     
  6. Michael Stevens

    Michael Stevens Well-Known Member Silver Stacker

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    Just glanced at your rough chart. Am I correct in saying you're expecting growth of x5 by June 2020?
     
  7. SilverSale

    SilverSale Well-Known Member Silver Stacker

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    Hi Michael, I’m the first to admit the chart is very much approximate. If I’m correct we should see the All Time High taken out within about 6 weeks.
     
  8. precious roar

    precious roar Active Member

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    Do you think the corona virus hysteria will affect your prediction?
     
  9. heartastack

    heartastack Well-Known Member Silver Stacker

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    I don't see what would push it to new highs right now
     
  10. heartastack

    heartastack Well-Known Member Silver Stacker

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    I don’t see how 35 billion dollars can be wiped off the crypto market cap over the weekend and those wanting to preserve capital would want to go there right now. And now there is global speculative money deflation
     
  11. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Maybe this from ZERO HEDGE shows just how bad it is going to be on the opening of MARKETS(?) this week. RIVERS OF BLOOD in the OIL & STAWK markets(?).

    Z.H. -649.JPG
     
  12. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    I don't go there for capital preservation short term, I go there for capital growth long term as the purchasing power of fiat currencies are destroyed over time. If I've got that plan I'm sure plenty of other also have the same plan. We just have to balance out our exposure to the market in order to ride out the downturns. Such as the one we just had in the last 24 hours.
     
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  13. heartastack

    heartastack Well-Known Member Silver Stacker

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    I get the case for bitcoin. This thread is titled ‘it begins’ and there is a prediction for ATH’s within 6 weeks. Different discussion
     
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  14. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    Massive dump happening

    BTC nearing 6k

    Just found this posted on reddit 15 mins ago

    Over $700 million worth of Bitcoin Longs just got Liquidated on BitMEX.

    [​IMG]
     
    Last edited: Mar 12, 2020
  15. slavaja

    slavaja Well-Known Member Silver Stacker

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    Looks like someone got rekt
     
  16. JOHNLGALT

    JOHNLGALT Well-Known Member

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    I didn't know where to put this, but I found this Thread.
    I didn't want to put it on a [email protected]$#!T thread, because they are a TOUCHY BUNCH.
    It seems like their STORE OF VALUE currencies are seeing rivers of blood.

    CRYPTOSHIT DOWN.JPG
     
  17. JOHNLGALT

    JOHNLGALT Well-Known Member

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    WHOOPS, that escalated quickly.

    WHOOPS.JPG
     
  18. SilverDJ

    SilverDJ Well-Known Member

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    Yep, most likely a whale had to cash out to cover loses on the stock market today.
     
  19. Silver260

    Silver260 Well-Known Member Silver Stacker

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    Exactly , plus if the supply/demand side downturn escalates , a lot of holders may need to liquidate their holding to cover living expenses. Not looking good for cryptos in the short term.

    I converted my meagre holding to USD last night , at about 9pm , on this exact premise. Got lucky for once , lol.
     
  20. heartastack

    heartastack Well-Known Member Silver Stacker

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    Smh

     

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