Official BGOL Crypto Currency Thread ★★★★★

What you're seeing now with Bitcoin is the downwards move I mentioned a few pages ago. Smart money sold Bitcoin to dumb money at 12,000 and then again at 13,000. Smart money will buy again when Bitcoin drops below 8,000. That's when you need to go all in on Bitcoin and Litecoin.
 
I'm going to take a break from the game for a couple weeks. This shit been dropping like quicksand. I'll jump back in when it's 3 days of consecutive green.
 
what you mean?
These cocksuckers are obviously pushing BTC down as their futures come in. They just did it last week. Now all of a sudden shit is shitting the bed again. People said this would happen. Now once this other contract is done on the 26th, watch the market go nuts again until next time. :smh:

At least that's what it seems like. Too much of a fucking coincidence.
 
These cocksuckers are obviously pushing BTC down as their futures come in. They just did it last week. Now all of a sudden shit is shitting the bed again. People said this would happen. Now once this other contract is done on the 26th, watch the market go nuts again until next time. :smh:

At least that's what it seems like. Too much of a fucking coincidence.

thanks man...I need to look into exactly what futures is...I have def heard y’all talk about it but never took time to read up on what it actually is and the role it plays in the market...looking forward to the damn 26th tho if your prediction is on the ball
 
thanks man...I need to look into exactly what futures is...I have def heard y’all talk about it but never took time to read up on what it actually is and the role it plays in the market...looking forward to the damn 26th tho if your prediction is on the ball

The 26th of January? What's supposed to be happening then?
 
thanks man...I need to look into exactly what futures is...I have def heard y’all talk about it but never took time to read up on what it actually is and the role it plays in the market...looking forward to the damn 26th tho if your prediction is on the ball

People said in December to watch these dates. I don't want to predict this shit from month to month, Because just when you think you have the big boys figured out, you end up with your pants around your ankles. Obviously, if shit tanks month after month right on futures it can draw the wrong kind of attention from folks like the SEC.

Don't forget that Weiss 'impartial' rating is dropping tomorrow. Some ol' palm beach shit. Bags have been filled, so some alts might pump tomorrow. Should be interesting.
 
The first CME futures contracts expire on the 26th. The CBOE futures expired on the 17th. As a result, bitcoin's price probably won't see significant upward movement until on/after the 26th.

does CME/CBOE futures lock in a set price for BTC up to a certain time or something?
 
Yes each contract in the futures market predicts a price for each commodity/currency
So the big boys must have a contract out on bitcoin to be at a certain price so what could be happening is they are suppressing the market till the contract is over
 
thanks man...reading up on it still tryna wrap my mind around it...

http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures

Yeah, they can pick up cheap shit by shorting. When they ready to make more money, they will go long and the price will go bananas.

Problem is people on the outside trying to guess what they doing can get destroyed. They can fuck everyone over this friday and push that shit high.
 
The first CME futures contracts expire on the 26th. The CBOE futures expired on the 17th. As a result, bitcoin's price probably won't see significant upward movement until on/after the 26th.

Of course as soon as I type this the market picks up. :lol:

We'll see if it sustains this moving towards Friday.
 
does CME/CBOE futures lock in a set price for BTC up to a certain time or something?

I believe so, I don't know too much about futures myself, but I believe that they can borrow the money they are gambling with, like in the movie "The Big Short".
 
Only a 1000? Im grabbing 10k more shares.
They basically got enough money in investments to compete with any streaming company out there. And they are chinese owned.
 
These cocksuckers are obviously pushing BTC down as their futures come in. They just did it last week. Now all of a sudden shit is shitting the bed again. People said this would happen. Now once this other contract is done on the 26th, watch the market go nuts again until next time. :smh:

At least that's what it seems like. Too much of a fucking coincidence.

I was tryin to tell yall once goldman sachs got in the game the fuckery would ensue....

they out whale the whales... but they cant beat a patient hand..

as long as you aint in the game with your mortgage/rent money you good...
 
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I just got an email from this ico about to drop in a day..

looks good but I have to do more research on it..

SERENITY

We have created SERENITY — a blockchain platform that protects the interests of traders and investors. We ensure security of traders' funds by placing them on SERENITY smart contracts. The contract is created and structured to ensure that funds transfer proceed only by the mutual consent of the trader and the broker. If a conflict occurs, SERENITY can mediate in the transaction.

For the decision to be transparent and legitimate, SERENITY records digital signatures of broker-trader interactions in blockchain. The technology reduces commonly associated financial risks for traders in any part of the world.

What is more? Crypto traders can invest in classic assets while keeping their accounts in nominated cryptocurrency and receiving profit in cryptocurrency.

https://serenity-financial.io/en
 

the competition was expected... but the good news is there is room for competitors... visa of course has the advantage in that they are already established and damn

near owns the world.. but if ripple keeps their fees low that will allow them to get a lot of businesses that visa wont be able to, because you know they are gonna have a high fee charge in the long run...

like the video said ripple has a lot of things going on this year, and we should see some spikes when the money gram thing kicks in and they come out with their debit card...

ripple is still a strong hold for 2018.....
 
the competition was expected... but the good news is there is room for competitors... visa of course has the advantage in that they are already established and damn

near owns the world.. but if ripple keeps their fees low that will allow them to get a lot of businesses that visa wont be able to, because you know they are gonna have a high fee charge in the long run...

like the video said ripple has a lot of things going on this year, and we should see some spikes when the money gram thing kicks in and they come out with their debit card...

ripple is still a strong hold for 2018.....


thanks for the ray of hope man cuz I'm over here sweatin... XRP is my biggest hold
 
thanks for the ray of hope man cuz I'm over here sweatin... XRP is my biggest hold

lol I hear ya, there are gonna be many more players coming in, expect mastercard to jump into the mix..

but ripple has the best chance of getting all the smaller to mid size businesss...
 
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