Bitcoin nightmare

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Found 10th Nov 2017
Anyone here in trouble with today’s downturn on bitcoin?
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No.. why what did you do buy lots to sell on for profit?
This drop was inevitable following the suspension of the 2x. I think we'll see further drops before it'll look to consolidate. The short term growth has been incredible which is why this drop feels harsh.
It is down less than 8% it is too volatile to make short term gains I would either hold it long or trade through the highs and lows if possible. Never trade an amount you can't just leave in. It isn't really a loss until you sell.
need it to come down alot more before i can put some in lol
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deleted800342
Nah
CoeK2 h, 2 m ago

It is down less than 8% it is too volatile to make short term gains I …It is down less than 8% it is too volatile to make short term gains I would either hold it long or trade through the highs and lows if possible. Never trade an amount you can't just leave in. It isn't really a loss until you sell.



Volatile stock is perfect for short term gains.
Dannyrobbo7 h, 36 m ago

Volatile stock is perfect for short term gains.


Only if you are trading it, like I said.
I get constant spam emails off these and I’ve never signed up. Hacking yr emails
Bitcoin all now in the hands of big bankers. The cartel strikes again.
The Economist

ALTHOUGH it may defy all reason, it should surprise no one that the price of bitcoin, a cryptocurrency, has just passed $11,000. Bitcoin’s ascent has been dizzying: four days ago it was worth less than $9,000 and a year ago it was worth less than $800. The cryptocurrency has plenty of doubters, including Jamie Dimon, head of JPMorgan Chase, a bank. In September Mr Dimon declared that bitcoin was a “fraud”, and that he would fire any employee found trading the cryptocurrency for being “stupid”. Markets were initially rattled, but have regained their resolve. The price of bitcoin has since risen by around 160%.

Bitcoin’s boosters argue that the currency is valuable because its supply is limited to 21m, a number no central bank can change. But its rapid appreciation should still worry all who hold it. What has changed in the past ten days to suggest that bitcoin should be worth $11,000 rather than, say, $8,000? Bubbles also burst.
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