20i Domains

Who's Holding BTC?

Discussion in 'The Bar' started by Hay, Aug 18, 2020.

  1. martin-s United Kingdom

    martin-s Well-Known Member

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    There will surely be an emotional threshold somewhere...
     
  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. dee

    dee Well-Known Member Acorn Supporter

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    Does anyone think the FCA ban on crypto CFD that comes into play on 6th Jan will have a big impact or just add to the 'hold' pile?
     
  4. twostepsbehind United States

    twostepsbehind Active Member

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    About 80% of Bitcoin's latest bull run i.e. from $8k to $40k seems to be fraudulent pumping i.e. not organic

    An almighty crash may be coming very soon...

    Will post a link to analysis a bit later
     
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  5. Admin

    Admin Administrator Staff Member

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    What an outrageous post to make without a source...whats up is your short burning?
     
  6. Adam H

    Adam H Well-Known Member Exclusive Member

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    I'd say its common sense it would switch to a down trend or find a correction in the market, nothing in financial markets constantly goes up without corrections along the way.

    Whether it drops down to previous levels is another matter though. I do think the current pump is an indication of something to come though, IF ( <--big IF ) it does see a change in direction and finds its bottom, I'd expect to see it surge with more power later in the year.
     
  7. Murray

    Murray Well-Known Member

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    I was watching silver closely in 2020

    i have to say the move up in Bitcoin has reflected it oddly close if you overlay it

    Maybe 100k btc will go the way of $100 silver predictions and has run out of steam for now

    silverbtc.jpg
     
  8. Trauiner United Kingdom

    Trauiner Active Member

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    I think they're saying it's linked to Tether being printed out of thin air again.
     
  9. twostepsbehind United States

    twostepsbehind Active Member

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  10. twostepsbehind United States

    twostepsbehind Active Member

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    T
    This is pretty much the reason for the late 2017 spike and subsequent collapse

    This time, however, with many more big boy players in the mix they may step in to keep the ponzi going

    One of the very reasons Bitcoin was supposedly created to oppose, it has become a victim of...
     
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  11. twostepsbehind United States

    twostepsbehind Active Member

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    It may be worth thinking about cashing out at this point, and jump back in if no collapse happens in the next few weeks...
     
  12. Murray

    Murray Well-Known Member

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  13. twostepsbehind United States

    twostepsbehind Active Member

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    And so it begins...
     
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  14. LCHappy United Kingdom

    LCHappy Active Member

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    In a way it doesn't really matter what the price is now, people ain't getting their cash out. Kiss that goodbye.
     
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  15. ian

    ian Well-Known Member

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    Not sure what you mean? Not selling, or unable to get their cash out?
     
  16. LCHappy United Kingdom

    LCHappy Active Member

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    Getting cash out, if that article is correct, there isn't cash to make payments to people.
     
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  17. ian

    ian Well-Known Member

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    Well I've been in this space for years and I've not once traded using Tether. I can sell and take cash out in GBP within minutes; not that I'm going to.
     
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  18. LCHappy United Kingdom

    LCHappy Active Member

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    Fair enough, I stand corrected.
     
  19. Admin

    Admin Administrator Staff Member

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    Me too, I took cash out yesterday, the day before, last week, last month. FUD
     
  20. Murray

    Murray Well-Known Member

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    You could tell from price breaking down instead of out it was going to be short term negative

    btcdownnotout.jpg
     
  21. twostepsbehind United States

    twostepsbehind Active Member

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    This is only if you’re using a credible exchange like Coinbase

    The majority of speculators are not, but using unregulated Bahamas banking exchanges