Now that the bitcoin crash is confirmed - at what price will you buy back in? Honest replies only please.
>>2917796
>confirmed
you are dreaming.
2500
2300
2000
>>2917796
$1475
>>2917796
I'll buy half what I can afford at $1900 and the other half at $1750
I'm a newcoiner shitter though, does this seem completely unreasonable?
>>2918846
Unless the Chinese miners actually fuck Bitcoin to death, I don't think you'll have access to those prices
>>2917796
keep on dreaming
at this point, even IF something somehow DID go awfully wrong (in spite of everything pointing toward the better) for BTC on aug1, short-squeeze would still make its price absolutely skyrocket in the next few days
http://www.reuters.com/article/us-volkswagen-idUSTRE49R3I920081028
honest advice: swallow your losses and close your positions if you don't want to be liquidated
>>2918874
except when the price doesn't start steamrolling upward after august 1st, when everyone's short is set for, and it actually goes down, this short squeeze in your mind will prove to be nothing more than a meme you clung to because you were afraid of selling at a high because, despite all evidence pointing to the contrary, you wanted it to go higher so you believed it would
>>2918906
Can you also tell me what the lottery numbers are for next week? ty
>>2918906
what evidence? VW was actually a trash stock in 2008 and shorting it was very reasonable
it still 5x'd solely because too many people shorted it
together with the volume short positions, BTC interest rates went to record highs as well
these people will drive an insane demand for BTC when they'll have to pay back their loans w/ interest
there has never been this many open short positions in the history of crypto, and once the first liquidations happen hell will break lose
and the whole crash-theme was based on something going wary for BTC on aug1. with 90% of miners sticking to BTC, and with everyone keeping the support for it (even segwit2x only gets activated on aug7, the SOLE attack-surface for BTC was miners stoping mining on aug1) the chance of anything going wrong is closer and closer to 0