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Ugh! This is one ugly chart. The high 5000's seems to be holding but this chart suggests $4500 - $4800 if the head and shoulders breaks down. I'm flat waiting to see which way it wants to go next. I may move to trading the futures so I can short it if the neckline breaks.

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Rfee said:
Anyone else still hodling through crypto winter?
Click to expand...

Ya I'm HODLing till I'm rich or broke. Bitcoin, Ripple, Cardano, EOS, Litecoin, TRON, NEO, Binance Coin, and some others small alts. I also have like 0.12% of the max supply of one that I helped create, Triton (XTRI), so that'll be fun if that ever catches fire.
 
Interesting development. The CBOE is going to discontinue Bitcoin futures contracts because of lack of trading volume.

They added them when bitcoin was flying high and near the highs. Is this the tell that the bottom is in? :scratchchin:
 
tsptalk said:
Interesting development. The CBOE is going to discontinue Bitcoin futures contracts because of lack of trading volume.

They added them when bitcoin was flying high and near the highs. Is this the tell that the bottom is in?
Click to expand...

Boom!

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Re: Don’t look now, but bitcoin is showing signs of life

Another move in bitcoin recently. Had a $1000+ move on Friday /Saturday . Will the madness start again? :eek:

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tsptalk said:
Interesting development. The CBOE is going to discontinue Bitcoin futures contracts because of lack of trading volume.

They added them when bitcoin was flying high and near the highs. Is this the tell that the bottom is in? :scratchchin:
Click to expand...

Amazing timing...

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Bitcoin Surge Pushes Weekly Gain to 30%, and It's Only Wednesday

The virtual currency surged as much as 14% on Wednesday, topping $12,900 for the first time since January 2018, and bringing its gain since late Friday to about 30%. The digital asset has climbed more than 200% since December, prompting many investors to ignore the 74% drop last year that followed the parabolic 1,400% surge in 2017.
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https://www.bloomberg.com/news/arti...l&cmpid==socialflow-twitter-tv&utm_content=tv
 
A bitcoin related post on 'Am I the *******' on Reddit:

TLDR: Wife found out husband lost $200k on bitcoin. Now thinking about a divorce

My husband and I have been married for 10 years. For our entire relationship, I have brought the majority of the money into the home. I contribute 75% of that. I don't mind, really. It's not something I think about and I have always considered it "our" money. Our country (Switzerland) is really expensive and I grew up not in a large city, and rather poor. When I had the chance to go to university, I studied hard, learned 3 languages, got 2 degrees, and was able to secure a good position in finance. Years later, I make a very good salary and we don't have to worry about money.
We decided that my husband would handle all of the money and finances for the home. I would check on the accounts every once in a while but, I haven't been checking regularly. A few weeks ago, I was thinking about buying a Model 3, since it has recently come to our country and I've fancied it for some time. I played with the numbers and while figuring out if I can afford it or not, I realized that there was a weird mistake in our accounts. There was 300k CHF/USD missing.
When my husband got home, I showed him the accounts and after some pushing, he admitted that he lost 200k in cryptocurrency in 2018. This is about 25% of our savings. Besides being shocked and angry, I cannot help to feel that he stole from me. He put money into something stupid without talking to me and then tried to hide it. I was thinking about this for a week and talked to my friends and family about it. They think we should see a doctor and talk about it, try to work out the problem. But I honestly just want to get divorced. If he is capable of doing this, how can I trust him ever again? AITA for not wanting to talk about it or go to therapy? AITA for thinking about divorce?
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https://www.reddit.com/r/AmItheAssh..._for_wanting_a_divorce_from_husband_who_lost/
 
tsptalk said:
I wonder if she's coming around now that it's up 400% this year? :D
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Yeah, what’s the rest of the story?
Did he keep the bitcoin, and now is back to even? Did he keep buying on the way down, so now he is WAY ahead, and she is calling him a ‘financial genius’?
Yes, he should have let her know, even though she said he could handle the finances. But one decision does not make or break a person’s financial acumen.
So what IS the rest of the story??
 
tsptalk said:
I wonder if she's coming around now that it's up 400% this year? :D
Click to expand...

"I saw the wallet and transactions. He bought it when it was $18000 and then shortly after, it fell and he sold."

So unfortunately, it being up 400% just pours salt in the wound. :eek:
 
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