Bitcoin down to 20,700

[Tanko]

Or old school WU and MG….remember NetTeller?

Damn. I forgot abou NetTeller. Are they still around?
Used them for first deposit with a book. Probably still have an account there, if they exist.

 

[carolinakid]

yes they are still around, but in the states you cant use it

 

[Tanko]

yes they are still around, but in the states you cant use it

I see now they stopped US support in 2007.

 

[carolinakid]

yes it was a very easy way to fund and get money out of books for sure

 

[Orbison]

$18.8K new recent low

now back above $19K

 

[BMR Disputes Matt]

Are you guys buying yet? If not what price will you start?

There is not enough upside in Bitcoin to bother buying it over 10k.

And I believe not much is going to change for the next 6 months, so we have lots of time to buy in slowly and cheaply.

Put part of your normal weekly savings into the top cap alts like Ether, Cardano, Ripple etc over the next 6 months.

Even just $100 per week is like saving $1000 per week if they 10x in 2023 or 24.

 

[Wagerallsports]

There is not enough upside in Bitcoin to bother buying it over 10k.

And I believe not much is going to change for the next 6 months, so we have lots of time to buy in slowly and cheaply.

Put part of your normal weekly savings into the top cap alts like Ether, Cardano, Ripple etc over the next 6 months.

Even just $100 per week is like saving $1000 per week if they 10x in 2023 or 24.

So you are suggesting alts rather than Bitcoin itself?

 

[Bcatswin]

Damn topic depressing. At least for me. Shoulda dumped some earlier. Guess stay in for the long haul? Any sharp angles fellas?

 

[carolinakid]

for me it just a wait and see thing now, i did get rid of a lot at 32,000 range. Good morning Bcatswin

 

[Orbison]

18.5 now

a Forbes article from yesterday said not to be bullish until it hits 10

don't think anyone can be sure about anything at this point though

 

[Orbison]

14K target bottom according to Venturefounder..

Bitcoin whale support lines up as trader says $14K 'most bearish' BTC price target

BTC price falls as U.S. dollar strength rises with Bitcoin whale buys now in focus as support.

cointelegraph.com

 

[Capitalist Pig]

At what point does the price affect offshore books paying, there is no way they saw this much of a drop coming anymore than anyone else did. Someone in the payout (book, processor, etc.) cycle has to own btc and they can’t be feeling real well about this crash, I guess I’ll find out Monday as I plan on cashing out some $

 

[ttwarrior1]

know nothing of bitcoin, dont care, never have never will

 

[ks1986]

At what point does the price affect offshore books paying, there is no way they saw this much of a drop coming anymore than anyone else did. Someone in the payout (book, processor, etc.) cycle has to own btc and they can’t be feeling real well about this crash, I guess I’ll find out Monday as I plan on cashing out some $

2017/18 crash was worse and every book that was around then is still around now.

 

[BMR Disputes Matt]

So you are suggesting alts rather than Bitcoin itself?

I do think the more legitimate ones will move upward when bitcoin does but have a lot more percentage gains in them. And Ether, Cardano and Ripple are already at suitable buyin levels and bitcoin is not for me.

 

[rolandcorts]

The covid shutdowns of sports happened right after the 2020 Superbowl and they all survived (on horse matchups, asian baseball, ping pong...). This is nothing.

 

[Enikk]

Litecoin up over 11% last 24 hours

 

[Over Under]

19,400

 

[Enikk]

Not worried about Bitcoin. Was only a year and half or so it was under 10k. I was kicking myself selling at 14 after buying at 8 holding 3 coins than watching it go to 60+. I will wait until late November/December to buy. Most that don't want to give up their info to the exchanges will cash out by the December deadline.

 

[Tanko]

It sucks that it's down but at least we can claim the losses on taxes when we sell.
Just trying to find a silver lining.