The hunt for the next bitcoin

Ricboff · Sep 2, 2018

Ricboff said:
following its terrific hold, 3 straight weekly green candles to form...a slow climb ....just hit a weekly high of $6895- a break above $6998 and she can run to $7400 zero resistance, zippo. ....how high will this up-leg go...

.

yupper, like magic...

pulled back but will be interesting to see the anatomy of todays candle which ends at 7:30pm ish , I believe

the weekly chart is showing us this;

the last time it had 4 green candles was April. If its to stay green this week? well, we would match April, would have had to break $7400. $8275ish is a massive level, a break through that and look out. CANNOT break $6000ish...it may channel between $8275-$6000 for awhile

getting fun in crypto world

https://ca.investing.com/crypto/bitcoin/btc-usd-chart

halekulani · Sep 2, 2018

the fact that btc is still worth 7k and is in a "slump" still says a lot about it not even being close to reaching full potential

Illini · Sep 2, 2018

Bitcoin will be between 100k and 250k at the summer halving in 2024.

Ricboff · Sep 5, 2018

no love from Wall Street...crypto world gettin' takin to the woodshed. BTC now has a 54.9% dominance,lol......The Mothership ...

Bitcoin falls after Goldman reportedly drops crypto trading plans

Goldman Sachs is dropping its plan to open a trading desk for cryptocurrencies, Business Insider says, citing people familiar with the matter.
Bitcoin fell roughly 5 percent to below $7,000 following the report, and the rest of the top five cryptocurrencies by market cap were all down by more than 12 percent.

........................

ETH is forming a yet another lower low,$245 is a support level and that's where she's at, does she have ANY fight?....its chart is vomit material.

CHOPTALK · Sep 5, 2018

I use to be very bullish ETH but its outdated and has loads of competition.
There is really nothing unique about ETH and other platforms have already solved a lot of its problems.
I sold almost all of mine when it got down to $400

Ricboff · Sep 5, 2018

BREATH TAKING carnage in crypto world. BUT, The Mothership has not broken critical $6000. She's approaching...

....$6500ish.......gets near it and i'd imagine the whales and Venezuela start calling each other , or is it texting?

seems to desperately need the institutional world , any negativity from and the whole market just rolls over. Cartoonish.

....ETH is free falling..there's very weak support levels from this point on, if it were to break $168ish this could drop to $88ish without blinking, 47% drop....

Xy03JZdei8pi3dxZqhkmDSdyY3DBuoWlymA_RLpOdfpbaRcapdmqaPDLmoeIInzxKKqoKcmE_OyIuh-9D2B_A0BJv8OkKvLs-y8vPt-NdvERNuqyWnkgP1wd99MkblXq3eXdQcnG

...wait a minute........

Ricboff · Sep 9, 2018

BTC hit $6100 ish then the whales came in, @)

.......held the critical support level yet again. Dominance now at 55.5%

crypo world market cap hitting a ytd low

CHOPTALK · Sep 21, 2018

I smell a bull run

Ricboff · Sep 22, 2018

BTC support is crystal clear, an army at $6100 ish. Twice in the last 4 weeks it breached $6200 and within 10 min sprang to $6300 ish. Needs to take out $7200 to raise eyebrows, until then to channel

ETH has stopped its spectacular free fall, finally bouncing off a weak support the $168ish, and has formed two consecutive weekly green candles. Into week three she goes. It must stop forming lower lows. Keep an eye on $168ish and $290ish; a break either way would be telling. If it comes back to test $168ish support it MUST hold- and if it does this level becomes a stronger support level

https://sg.finance.yahoo.com/news/bitcoin-atm-ceo-cryptocurrency-needs-215758069.html

Bitcoin ATM CEO: Cryptocurrency Needs Regulation to Survive

In an exclusive interview with CCN, the CEO of the world’s largest Bitcoin ATM network took a hard stance against those who believe in a world where Bitcoin and its peers can survive unregulated.
Sheffield Clark, whose company — Coinsource — recently installed 17 new Bitcoin ATMsin Florida, stated that cryptocurrency is not a viable or realistic payment solution at this time, citing it as a major obstacle to be overcome for all in the space.

“With the time and cost that it takes to use Bitcoin to pay for everyday items as currently constructed, is not realistic for most people to use it in this way. It doesn’t make sense for them to. It is not easier or more cost efficient than traditional financial instruments at this time.”

Clark pointed out that BTC’s best use case at the moment is that of a speculative investment or means of trading and investing in other virtual currencies, something he says is evident from the use of the Coinsource Bitcoin ATM network, which is often used to exchange cash for bitcoin, which is in turn invested in altcoins for speculative purposes.
The CEO pointed out that the “primary Bitcoin ATM customer” comes from the one-third of the world’s population which are unbanked, leaving them with no choice other than cash or bitcoin. While the speculation is good for traders, Clark states that the volatile and speculative nature of the space makes life difficult for those turning to cryptocurrency out of necessity.

Ricboff · Nov 14, 2018

BTC , the mothership, is breaking critical support. Had consolidated, formed a wedge and boom

https://ca.investing.com/crypto/bitcoin/btc-usd-chart

right now at $5800 its at a weak support level ($5700-$5800ish). If it breaks, there is NO SUPPORT until about $4600.

ETH

$174 was the Sept low, and rebounded. She is at $183. Weak support at $165 and basically nothing after. On its MONTHLY chart- SEVEN straight red candles, ALL with closing lower lows. Just fuckin wow

MotorCityMadman · Nov 14, 2018

Timber! The Cryptocurrencies have run their course.

MotorCityMadman · Nov 19, 2018

[h=2]BITCOIN[/h][FONT=&quot][h=1]Bitcoin drops 12% to below $5,000[/h]

The world's largest cryptocurrency is now down 22 percent in the past week, falling as much as 12 percent Monday to its lowest level in more than a year.
Other major cryptocurrencies ethereum and XRP dropped 13 and 5 percent respectively.
Bitcoin is now down more than 30 percent since last Thanksgiving, when it gained household-name status and became a common topic around dinner tables.

[FONT=&quot]Kate Rooney | @Kr00ney[/FONT]
<time class="datestamp" itemprop="datePublished" datetime="2018-11-19T09:40:14-0500" style="user-select: text; padding: 5px 0px 0px; color: rgb(51, 51, 51); font-family: "Proxima Nova Semi Bold", Arial; font-size: 11px;">Published 9 Hours Ago </time><time class="datestamp last-pub-date" itemprop="dateModified" datetime="2018-11-19T18:40:59-0500" style="user-select: text; padding: 5px 0px 0px; color: rgb(51, 51, 51); font-family: "Proxima Nova Semi Bold", Arial; font-size: 11px;"> Updated 37 Mins Ago</time>[FONT=&quot]CNBC.com[/FONT]

[/FONT]
<section class="cols2" style="user-select: text; margin-top: 20px; overflow: hidden; clear: both; color: rgb(0, 0, 0); font-family: "Proxima Nova Semi Bold";"><article style="user-select: text;">[FONT=&quot]

Yu Chun Christopher Wong | S3studio | Getty Images
A photo illustration of the digital Cryptocurrency, Bitcoin, is seen on September 13 2018 in Hong Kong, Hong Kong.

The world's largest cryptocurrency dropped to its lowest level in more than a year on Monday.
Bitcoin hit a low of $4,883.09, bringing its losses to more than 22 percent in the past seven days and more than 65 percent this year, according to data from CoinDesk.
The digital currency began stumbling last week after months of relative calm. Bitcoin had been trading in the $6,400 range for the majority of October, a break from its volatility earlier this year, as the rest of global markets sold off. The cryptocurrency is now down more than 30 percent since last Thanksgiving.

Its epic rise started right after the American holiday last year, as the cryptocurrency gained its status as a household name and became a common topic around dinner tables. Bitcoin first topped $10,000 at the end of November last year and was worth almost $20,000 ahead of Christmas, mostly driven by retail investors.

[FONT=&quot]This is the next level to watch as bitcoin falls below $5K <time style="user-select: text; display: block; font-family: "Proxima Nova Semi Bold"; font-size: 12px; color: rgb(153, 153, 153); line-height: 22px; letter-spacing: -0.02em; left: 130px; bottom: 25px; margin-left: 0px; margin-right: 0px;">5 Mins Ago | 02:13</time>[/FONT]

The rapid runup also coincided with the introduction of a bitcoin futures market in December. Peak prices lined up with the day the Chicago Mercantile Exchange, or CME, introduced bitcoin futures trading on Dec. 17. The Chicago Board Options Exchange, or CBOE, opened a futures market a week earlier. Until futures existed it was extremely difficult, if not impossible, to bet on the decline of bitcoin prices.
On Monday, both of those bitcoin futures hit their lowest level since they were introduced. Bitcoin CME futures fell as low as $5,015, while bitcoin contracts on the CBOE dropped to $4,990.
Other major cryptocurrencies were mostly lower this week and have fared even worse than bitcoin this year. XRP, the second largest by market capitalization, fell 5 percent Monday, while ether dropped more than 13 percent, according to data from CoinMarketCap.com. In the past week roughly $40 billion has been wiped off the entire cryptocurrency market capitalization, which was around $172 billion Monday.
Analysts attributed bitcoin's continued sell-off to technical levels and stop orders in the market kicking in after bitcoin fell below $6,000.
"The next logical level of support is at $5,000 but if that doesn't hold, the next logical support level isn't until $3,500," eToro analyst Mati Greenspan said in a note to clients Monday. "With all the falling prices lately, this definitely fits the definition of a buyers market."

Others pointed to a split in the cryptocurrency bitcoin cash. That digital currency split into two versions last week — "Bitcoin ABC" and "Bitcoin SV" — which analysts said added to uncertainty in broader crypto markets.
U.S. regulators made good on promises to regulate non-compliant cryptocurrency projects last week. The Securities and Exchange Commission announced its first civil penalties against crypto founders Friday as part of a bigger regulatory and legal crackdown aimed at abuses and outright fraud in the growing digital currency industry.
SEC Chairman Jay Clayton said earlier this year that all cryptocurrencies aside from bitcoin and ether constitute securities and "if it's a security, we're regulating it."
"The SEC regulation last week spooked a lot of people," said Kyle Asman, partner and co-founder of crypto advisory firm BX3 Capital. "Those who aren't sophisticated investors hear 'SEC' and they hit the sell button."
The cryptocurrency tumble also comes after fresh warnings from European Central Bank Executive Board member Benoit Coeure at the Bank for International Settlements in Basel, according to a report from Bloomberg News.
"Bitcoin was an extremely clever idea. Sadly, not every clever idea is a good idea," Coeure said Thursday. "In more ways than one, bitcoin is the evil spawn of the financial crisis."
Coeure also said he agrees with BIS head Agustin Carstens, who in June said, "Cryptocurrencies are, in a nutshell, a bubble, a Ponzi scheme and an environmental disaster."

If you are still holding any cryptocurrencies you are in deep trouble,

[/FONT]
</article>
</section>

MotorCityMadman · Nov 20, 2018

If you are thinking about buying the dip don't.

[FONT=&quot][h=1]As bitcoin nosedives, regulators said to be investigating whether it was propped up illegally[/h]

The U.S. Justice Department is reportedly looking into whether traders used another cryptocurrency called tether to bid up bitcoin prices during its 1,300 percent rally last year.
Federal prosecutors launched a broader criminal probe into cryptocurrencies earlier this year but now suspect that traders on crypto exchange Bitfinex may have been moving prices illegally, Bloomberg reported, citing three people familiar with the matter.
The news comes amidst bitcoin’s 16 percent price drop on Tuesday.

[FONT=&quot]Kate Rooney | @Kr00ney[/FONT]
<time class="datestamp" itemprop="datePublished" datetime="2018-11-20T12:11:57-0500" style="user-select: text; padding: 5px 0px 0px; color: rgb(51, 51, 51); font-family: "Proxima Nova Semi Bold", Arial; font-size: 11px;">Published 9 Hours Ago </time><time class="datestamp last-pub-date" itemprop="dateModified" datetime="2018-11-20T18:39:19-0500" style="user-select: text; padding: 5px 0px 0px; color: rgb(51, 51, 51); font-family: "Proxima Nova Semi Bold", Arial; font-size: 11px;"> Updated 2 Hours Ago</time>[FONT=&quot]CNBC.com[/FONT]

[/FONT]
<section class="cols2" style="user-select: text; margin-top: 20px; overflow: hidden; clear: both; color: rgb(0, 0, 0); font-family: "Proxima Nova Semi Bold";"><article style="user-select: text;">[FONT=&quot]

Christophe Morin | Bloomberg | Getty Images
A customer enters the offices of La Maison du Bitcoin bank in Paris, France.

As bitcoin continued its downward slide Tuesday, U.S. regulators are reportedly looking into whether its record-breaking rally last year was the result of market manipulation.
The U.S. Justice Department is investigating whether traders used tether, a controversial cryptocurrency that founders say is backed 1:1 by a U.S. dollar, to prop up bitcoin, according to a report from Bloomberg News, which cited three people familiar with the matter.
Tether and Bitfinex did not immediately respond to CNBC's request for comment.

Federal prosecutors launched a criminal probe into the cryptocurrencies earlier this year, Bloomberg reported. But they now suspect that traders on crypto exchange Bitfinex might have been using tether to coordinate bitcoin's price moves illegally, Bloomberg reported.

[FONT=&quot]Tom Lee cuts bitcoin year-end target to $15,000 <time style="user-select: text; display: block; font-family: "Proxima Nova Semi Bold"; font-size: 12px; color: rgb(153, 153, 153); line-height: 22px; letter-spacing: -0.02em; left: 130px; bottom: 25px; margin-left: 0px; margin-right: 0px;">12 Hours Ago | 07:18</time>[/FONT]

The Commodity Futures Trading Commission also subpoenaedtether and Bitfinex, who share many of the same executives, in December in part to prove that these tokens are actually backed by a reserve of U.S. dollars. The potential market tricks include "spoofing," or placing fake orders until the price hits a certain level, then pulling those orders.
Other U.S. agencies have cracked down on certain aspects of cryptocurrency in recent weeks. On Friday, the Securities and Exchange Commission announced its first civil penalties against cryptocurrency founders as part of a wide regulatory and legal crackdown on abuses in the industry.
Regulators aren't the only ones who have flagged tether's influence on bitcoin.

<iframe src="https://art19.com/shows/bcd08fc3-8958-4c47-bf8e-524432adcd77/episodes/cbdba449-eed5-4668-b3f3-8080cfd74e17/embed" scrolling="no" style="user-select: text; width: 530px; height: 200px; border-width: 0px; border-style: none;"></iframe>
University of Texas finance professor John Griffin, who has a 10-year track record of spotting financial fraud, and graduate student Amin Shams published a study in June that said at least least half of the jump in bitcoin was due to coordinated price manipulation.
In the 66-page paper, the authors explained that tether was used to buy bitcoin at key moments when it was declining, which helped "stabilize and manipulate" the cryptocurrency's price.
Tether, although it's meant to reflect the price of one U.S. dollar, often trades well below that. As of Tuesday, tether was worth roughly 98 cents, according to data from CoinMarketCap.com. Bitcoin, meanwhile, was trading near $4,745 Tuesday after falling to roughly $4,200 earlier in the day. Its price is down more than 75 percent since the all-time high near $20,000.

[/FONT]
</article>
</section>

MotorCityMadman · Nov 20, 2018

Or maybe take this advice.
<header class="banner" style="box-sizing: inherit; background: rgb(34, 34, 34); border-bottom: 1px solid rgb(217, 217, 217); box-shadow: rgb(217, 217, 217) 0px 10px 15px -10px; color: rgb(33, 37, 41); font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, sans-serif; font-size: 16px;"><section class="right order-2" style="box-sizing: inherit; -webkit-box-ordinal-group: 3; order: 2; position: relative; width: 1079.19px; min-height: 1px; -webkit-box-flex: 0; flex: 0 0 80%; max-width: 80%;"><section class="widget header_price-2 widget_header_price" style="box-sizing: inherit; display: flex; -webkit-box-flex: 1; flex-grow: 1;"><select class="custom-select" style="box-sizing: inherit; touch-action: manipulation; margin: 0px; font-family: inherit; font-size: inherit; line-height: 1.25; padding: 0.375rem 1.75rem 0.375rem 0.75rem; background-image: url("data:image/svg+xml;charset=utf8,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 4 5'%3E%3Cpath fill='%23333' d='M2 0L0 2h4zm0 5L0 3h4z'/%3E%3C/svg%3E"); background-position: right 1rem center; background-size: 8px 10px; background-repeat: no-repeat; background-attachment: initial; background-origin: initial; background-clip: initial; max-width: 100%; height: calc(2.25rem + 2px); color: rgb(73, 80, 87); vertical-align: middle; border-width: 0px; border-style: initial; border-color: initial; border-radius: 0.25rem; -webkit-appearance: none; font-weight: 700;"> <option value="BTC" selected="" style="box-sizing: inherit;">BTC/USD</option> <option value="XRP" style="box-sizing: inherit;">XRP/USD</option> <option value="ETH" style="box-sizing: inherit;">ETH/USD</option> <option value="BCH" style="box-sizing: inherit;">BCH/USD</option> <option value="EOS" style="box-sizing: inherit;">EOS/USD</option> <option value="XLM" style="box-sizing: inherit;">XLM/USD</option> <option value="LTC" style="box-sizing: inherit;">LTC/USD</option> <option value="USDT" style="box-sizing: inherit;">USDT/USD</option> <option value="DCN" style="box-sizing: inherit;">DCN/USD</option> <option value="ADA" style="box-sizing: inherit;">ADA/USD</option> <option value="XMR" style="box-sizing: inherit;">XMR/USD</option> <option value="TRX" style="box-sizing: inherit;">TRX/USD</option> <option value="DASH" style="box-sizing: inherit;">DASH/USD</option> <option value="IOT" style="box-sizing: inherit;">IOT/USD</option> <option value="BEC" style="box-sizing: inherit;">BEC/USD</option> <option value="HT" style="box-sizing: inherit;">HT/USD</option> <option value="XEM" style="box-sizing: inherit;">XEM/USD</option> <option value="ETC" style="box-sizing: inherit;">ETC/USD</option> <option value="NEO" style="box-sizing: inherit;">NEO/USD</option> <option value="QKC" style="box-sizing: inherit;">QKC/USD</option> </select>
<svg xmlns:xlink="http://www.w3.org/1999/xlink" width="285" height="40">
</path><circle class="sparkcircle" cx="281" cy="28.884076198656395" r="3"></circle></svg>

<time id="ccnSummaryCurrentTime" class="small font-weight-bold" datetime="2018-11-21T07:25:00.000Z" style="box-sizing: inherit; font-size: 0.8rem; font-weight: 700;">02:25</time>$4,437.42
Low$4,145.72
High$4,927.31
Marketcap$77.15B

Subscribe
</section>
</section>

</header><main class="main d-flex flex-column" style="box-sizing: inherit; display: flex !important; -webkit-box-direction: normal !important; -webkit-box-orient: vertical !important; flex-direction: column !important; padding-right: 15px; padding-left: 15px; width: 1079.19px; position: relative; min-height: 1px; -webkit-box-flex: 0; flex: 0 0 80%; max-width: 80%; -webkit-box-ordinal-group: 2; order: 1; border-left: 1px solid rgb(217, 217, 217); transform: none;"><section class="content pt-4 pb-4" style="box-sizing: inherit; display: flex; padding-top: 1.5rem !important; padding-bottom: 1.5rem !important; -webkit-box-orient: vertical; -webkit-box-direction: normal; flex-direction: column; position: relative; width: 754.719px; min-height: 1px; padding-right: 15px; padding-left: 15px; -webkit-box-flex: 0; flex: 0 0 70%; max-width: 70%; border-right: 1px solid rgb(217, 217, 217);"><article class="post-151943 post type-post status-publish format-standard has-post-thumbnail hentry category-bitcoin-analysis category-bitcoin-opinion category-bitcoin-price-news category-news tag-bitcoin tag-faang tag-fundstrat tag-tom-lee" data-url="https://www.ccn.com/doubling-down-tom-lee-wont-abandon-15000-year-end-bitcoin-price-forecast/" data-title="Doubling Down: Tom Lee Won’t Abandon $15,000 Year-End Bitcoin Price Forecast" data-post-id="151943" style="box-sizing: inherit; max-width: 100%;"><header style="box-sizing: inherit; margin-bottom: 1rem;">BITCOIN ANALYSIS <time class="updated" datetime="2018-11-20T18:51:21+00:00" style="box-sizing: inherit; color: rgb(204, 204, 204);">7 HOURS AGO</time>
[h=1]Doubling Down: Tom Lee Won’t Abandon $15,000 Year-End Bitcoin Price Forecast[/h]</header>

<button class="simplesocial-twt-share" data-href="https://twitter.com/share?text=Doubling+Down%3A+Tom+Lee+Won%E2%80%99t+Abandon+%2415%2C000+Year-End+Bitcoin+Price+Forecast&url=https://www.ccn.com/doubling-down-tom-lee-wont-abandon-15000-year-end-bitcoin-price-forecast/&via=cryptocoinsnews" rel="nofollow" style="touch-action: manipulation; margin: 5px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; line-height: 26px; overflow: visible; border-width: 1px; border-style: solid; border-color: rgb(29, 161, 242); padding: 5px 15px 5px 38px; cursor: pointer; box-shadow: none; white-space: nowrap; width: auto; letter-spacing: 0px; word-spacing: 0px; border-radius: 19px; height: 38px; position: relative; background: rgb(255, 255, 255); transition: all 0.2s ease-in-out 0s; color: rgb(29, 161, 242); text-transform: capitalize !important;">Twitter</button> <button class="simplesocial-fb-share" target="_blank" data-href="https://www.facebook.com/sharer/sharer.php?u=https://www.ccn.com/doubling-down-tom-lee-wont-abandon-15000-year-end-bitcoin-price-forecast/" style="touch-action: manipulation; margin: 5px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; line-height: 26px; overflow: visible; border-width: 1px; border-style: solid; border-color: rgb(67, 96, 156); padding: 5px 15px 5px 38px; cursor: pointer; box-shadow: none; white-space: nowrap; width: auto; letter-spacing: 0px; word-spacing: 0px; border-radius: 19px; height: 38px; position: relative; background: rgb(255, 255, 255); transition: all 0.2s ease-in-out 0s; animation-delay: 0.2s; color: rgb(67, 96, 156); text-transform: capitalize !important;">Facebook</button> <button target="popup" class="simplesocial-linkedin-share" data-href="https://www.linkedin.com/cws/share?url=https://www.ccn.com/doubling-down-tom-lee-wont-abandon-15000-year-end-bitcoin-price-forecast/" style="touch-action: manipulation; margin: 5px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; line-height: 26px; overflow: visible; border-width: 1px; border-style: solid; border-color: rgb(0, 119, 181); padding: 5px 15px 5px 38px; cursor: pointer; box-shadow: none; white-space: nowrap; width: auto; letter-spacing: 0px; word-spacing: 0px; border-radius: 19px; height: 38px; position: relative; background: rgb(255, 255, 255); transition: all 0.2s ease-in-out 0s; animation-delay: 0.4s; color: rgb(0, 119, 181); text-transform: capitalize !important;">LinkedIn</button>
Fundstrat co-founder Tom Lee stands by his reduced year-end bitcoin price target of $15,000, saying continued fallout from a market slump in tech stocks is putting pressure on cryptocurrencies.
Lee’s new prediction is a dramatic drop from the bullish $25,000 price target he had set in early-2018, when the crypto market seemed poised for a major explosion.
“Global markets have seen liquidity dry up, and bitcoin is not necessarily a value asset — so as growth stocks, tech, and FAANG come under pressure, it’s going to hurt bitcoin,” Lee told CNBC on November 20. “The downturn in FAANG is hurting those owning bitcoin.”
[h=2]Lee: Bitcoin in an ‘Awkward Transition’[/h]Despite the recent decline, Lee remains bullish about crypto because he believes we’re merely undergoing an “awkward transition.”
Lee said crypto still has a bright long-term future ahead because he has no doubt that institutional investors will start coming around.
<twitter-widget class="twitter-tweet twitter-tweet-rendered" id="twitter-widget-0" data-tweet-id="1064925085641965568" style="box-sizing: inherit; position: static; visibility: visible; display: block; transform: rotate(0deg); max-width: 100%; width: 500px; min-width: 220px; margin-top: 10px; margin-bottom: 10px;"><article class="MediaCard MediaCard--mediaForward cards-multimedia customisable-border" data-scribe="component:card" dir="ltr">

</article>

CNBC
✔@CNBC

Bitcoin plunged 16% Tuesday and fell as low as $4,200.22.

Crypto evangelist Tom Lee joined us to discuss why he is lowering his bitcoin price target to $15,000 from $25,000. https://cnb.cx/2FzxJ1v

48
11:55 AM - Nov 20, 2018

73 people are talking about this

Twitter Ads info and privacy

</twitter-widget>“The next wave of adoption is institutional,” Lee said. “There is a crossover happening. This is just an awkward transition.”
When asked when institutional investors will start making giant leaps into crypto, Lee said it’s on the horizon.
“Institutional backing will come soon,” he said. “You will get it partly through infrastructure, like Bakkt, which is launching soon. Part of it is going to come through regulatory clarity.”
[h=2]Regulatory Clarity Will Ease Institutional Anxiety[/h]Lee said regulatory crackdowns on scam artists and ongoing federal investigations into bitcoin pricemanipulation would ultimately legitimize the industry.
“Once we have that, institutions will feel a lot more comfortable making bets [on crypto],” he said.
As CCN reported, the US Department of Justice has launched a criminal investigation into whether the crypto market’s meteoric price rise in 2017 was manipulated using tether.
In June 2018, a University of Texas finance professor published a damning research paper claiming that at least 50 percent of the increase in the bitcoin price in 2017 was artificially manipulated using tether.
<twitter-widget class="twitter-tweet twitter-tweet-rendered" id="twitter-widget-1" data-tweet-id="1064884643244244992" style="box-sizing: inherit; position: static; visibility: visible; display: block; transform: rotate(0deg); max-width: 100%; width: 500px; min-width: 220px; margin-top: 10px; margin-bottom: 10px;">

CCN@CryptoCoinsNews

US Justice Department Probes Tether for Bitcoin Price Manipulation: Report https://www.ccn.com/us-justice-department-probes-tether-for-bitcoin-price-manipulation-report/ …

83
9:14 AM - Nov 20, 2018
Twitter Ads info and privacy

[h=2]US Justice Department Probes Tether for Bitcoin Price Manipulation[/h]The Justice Department is probing whether USD-pegged crypto token tether (USDT) is being used to manipulate the bitcoin price.
ccn.com

50 people are talking about this

Twitter Ads info and privacy

</twitter-widget>Tom Lee said regulatory scrutiny of crypto scams would benefit the industry by easing consumer and institutional anxiety about the burgeoning industry.
Besides, Lee said, you can’t stop the future — and the future is definitely digital.
“Digital assets are going to be relevant in a world where growth is increasingly digital,” Lee said. “So bitcoin is a real bet on [the future].”
[h=2]Tom Lee: Chill out, Crypto is the Future[/h]Lee also pointed out that bitcoin’s market penetration is gradually increasing. “It’s clearing more on-chain transactions relative to ****** by a factor of three,” he said. “So today, bitcoin is more used to move money than ******.”
As for naysayers who say crypto is dead because it’s in a slump right now, Lee said don’t bet on it.
“Do I think bitcoin as a long-term fundamental story is broken? I don’t think so,” Lee said. “Price at the moment isn’t confirming fundamentals.”

</article></section>
</main>

BetMunch · Nov 25, 2018

Bitcoin and Ethereum plummeting wildly today, even Forbes now says it was nothing but a total scam
fortunately I sold my holdings in Dec 2017 and didn't get hurt but others werent so lucky:

<article-header _ngcontent-c10="" _nghost-c11="" style="box-sizing: border-box; background-color: rgb(252, 252, 252); display: inline-block; width: 616.266px; color: rgb(51, 51, 51); font-family: "Work Sans", sans-serif; font-size: 17.6087px; font-variant-ligatures: common-ligatures;">The Great Cryptocurrency Scam

</article-header><contrib-block _ngcontent-c10="" class="top-contrib-block" _nghost-c12="" style="box-sizing: border-box; display: inline-block; width: 616.266px;">

<contrib-byline _ngcontent-c12="" _nghost-c24="" style="box-sizing: border-box; display: inline-block; height: 64px; line-height: 1; width: 534.672px; position: relative;">Jay AdkissonContributor<svg class="fs-icon fs-icon--info" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 60 60"></svg>

Personal Finance
</contrib-byline>
</contrib-block>

https://www.forbes.com/sites/jayadkisson/2018/11/20/the-great-cryptocurrency-scam/#1d3b6ce0359f

Redagger029 · Nov 25, 2018

BetMunch said:
Bitcoin and Ethereum plummeting wildly today, even Forbes now says it was nothing but a total scam
fortunately I sold my holdings in Dec 2017 and didn't get hurt but others werent so lucky:

<article-header style='box-sizing: border-box; background-color: rgb(252, 252, 252); display: inline-block; width: 616.266px; color: rgb(51, 51, 51); font-family: "Work Sans", sans-serif; font-size: 17.6087px; font-variant-ligatures: common-ligatures;' _nghost-c11="" _ngcontent-c10="">The Great Cryptocurrency Scam

</article-header><contrib-block class="top-contrib-block" style="box-sizing: border-box; display: inline-block; width: 616.266px;" _ngcontent-c10="" _nghost-c12=""> <contrib-byline style="box-sizing: border-box; display: inline-block; height: 64px; line-height: 1; width: 534.672px; position: relative;" _nghost-c24="" _ngcontent-c12="">Jay AdkissonContributor<svg xmlns="http://www.w3.org/2000/svg" class="fs-icon fs-icon--info" viewBox="0 0 60 60" />

Personal Finance
</contrib-byline>
</contrib-block>

https://www.forbes.com/sites/jayadkisson/2018/11/20/the-great-cryptocurrency-scam/#1d3b6ce0359f

Everfresh never owned a bitcoin in his life. Even though he wish he'd had. Then ef would of made a ton of money like the rest of us instead of sour grapes. lol

CHOPTALK · Nov 25, 2018

It’s amaZing how everyone in forum land sold in January .

Incredible .

I blame the implosion of the crypto market on all of forum land selling in JAN.

Redagger029 · Nov 26, 2018

CHOPTALK said:
It’s amaZing how everyone in forum land sold in January .

Incredible .

I blame the implosion of the crypto market on all of forum land selling in JAN.

Do not recall "everyone in forum land" ever claiming to have sold their shares of bitcoin in Dec or Jan.

Except for everfresh. Of course everfresh and his ghosts have never owned a bc.

Vet · Nov 26, 2018

Redagger029 said:
Do not recall "everyone in forum land" ever claiming to have sold their shares of bitcoin in Dec or Jan.

Except for everfresh. Of course everfresh and his ghosts have never owned a bc.

You seem pretty queer for this everfresh fella man, you keep menitoning him over and over again like y'all are some gay jilted lover...he leave you for your other boyfriend?

Admit it, asshole, you never made a dime on bitcoin, just another pathitic wannabe posting shit on an obscure forum

pathetic

Redagger029 · Nov 26, 2018

Vet said:
You seem pretty queer for this everfresh fella man, you keep menitoning him over and over again like y'all are some gay jilted lover...he leave you for your other boyfriend?

Admit it, asshole, you never made a dime on bitcoin, just another pathitic wannabe posting shit on an obscure forum

pathetic

everfresh, I've been telling you about make $$ on bitcoin for years. All you had to do is to buy a certain amount every month when pc was dirt cheap! I've done this for years (I stopped buying bc when value became too high). Plain and simple.. you missed out. If being in denial to other peoples successes eases your pain... go for it. Apparently denial is a major part of your life.