Reasons why you should NOT trade cryptocurrencies
Member Since Jan 25, 2010
1360 posts
Feb 01, 2018 at 05:15
(edited Feb 01, 2018 at 05:23)
How Bitfinex, Tether are raising eyebrows in the cryptocurrency market (31 Jan, 2018)
https://www.marketwatch.com/story/why-bitfinex-tether-are-raising-nagging-questions-in-the-cryptocurrency-market-2018-01-30
No more annoying bitcoin ads on Facebook (30 Jan, 2018)
https://www.marketwatch.com/story/no-more-annoying-bitcoin-ads-on-facebook-2018-01-30
U.S. Regulators Subpoena Crypto Exchange Bitfinex, Tether (31 Jan, 2018)
https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc
Member Since Jan 25, 2010
1360 posts
Feb 03, 2018 at 07:30
(edited Feb 03, 2018 at 07:30)
What are some of my best options to recoup the money I have put in my investment in cryptocurrency? I've put in about two thousand of my stash away money which I want to recoup since I'm holding on to my shares for a minimum of a year? (31 Dec, 2017)
https://www.quora.com/What-are-some-of-my-best-options-to-recoup-the-money-I-have-put-in-my-investment-in-cryptocurrency-Ive-put-in-about-two-thousand-of-my-stash-away-money-which-I-want-to-recoup-since-Im-holding-on-to-my-shares-for-a-minimum-of-a-year
Member Since Jan 25, 2010
1360 posts
Feb 03, 2018 at 09:41
Opinion: Why these early retirees won’t touch bitcoin or other cryptos — and neither should you (2 Feb, 2018)
https://www.marketwatch.com/story/why-these-early-retirees-wont-touch-bitcoin-or-other-cryptos-and-neither-should-you-2018-02-02
Worries Grow That the Price of Bitcoin Is Being Propped Up (31 Jan, 2018)
https://www.nytimes.com/2018/01/31/technology/bitfinex-bitcoin-price.html
Bitcoin briefly tumbles below $8,000, as cryptos crater (2 Feb, 2018)
https://www.marketwatch.com/story/no-letup-for-bitcoin-as-cryptocurrency-drops-further-below-9000-2018-02-02
Member Since Jan 25, 2010
1360 posts
Feb 05, 2018 at 13:30
Bitcoin drops below $8,000 after another bank ban on credit-card buying hits (5 Feb, 2018)
https://www.marketwatch.com/story/bitcoin-drops-below-8000-after-another-bank-ban-on-credit-card-buying-hits-2018-02-05
Cryptocurrencies resume sell-off, Bitcoin down to test $ 8k mark (5 Feb, 2018)
https://www.fxstreet.com/news/cryptocurrencies-resume-sell-off-bitcoin-down-to-test-8k-mark-201802050700
Member Since Jan 25, 2010
1360 posts
Feb 06, 2018 at 03:34
(edited Feb 06, 2018 at 03:52)
Bitcoin plummets below $7,000, hits 2-month low (5 Feb, 2018)
https://www.marketwatch.com/story/bitcoin-plummets-below-7000-hits-2-month-low-2018-02-05
Cryptocurrency hearing will have SEC, CFTC chiefs trying to juggle allowing innovation with protection against fraud (5Feb, 2018)
https://www.marketwatch.com/story/cryptocurrency-hearing-will-have-sec-cftc-chiefs-trying-to-juggle-allowing-innovation-with-protection-against-fraud-2018-02-05
Crypto has a bad case of the Mondays, Bitcoin dips below 7,000 (5Feb, 2018)
https://www.fxstreet.com/news/crypto-has-a-bad-case-of-the-mondays-bitcoin-dips-below-7-000-201802052232
Member Since Jan 25, 2010
1360 posts
Feb 06, 2018 at 05:23
(edited Feb 06, 2018 at 05:26)
Bitcoin plummets below $7,000, hits 2-month low (5 Feb, 2018)
https://www.marketwatch.com/story/bitcoin-plummets-below-7000-hits-2-month-low-2018-02-05
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Member Since Jan 25, 2010
1360 posts
Feb 06, 2018 at 23:36
(edited Feb 06, 2018 at 23:36)
Bitcoin Trades Below $6,000 Briefly, Lowest In 3 Months (6 Feb, 2018)
https://www.rttnews.com/story.aspx?Id=2859429
Bitcoin savaged by BIS as ‘a bubble, Ponzi scheme and an environmental disaster’ (6 Feb, 2018)
https://www.cnbc.com/2018/02/06/bitcoin-and-cryptocurrencies-are-ponzi-bubbles-says-bis.html
Some striking similarities in principles can be applied to cryptocurrency:
Opinion: The stock market’s plunge isn’t the sound of a bubble bursting (5 Feb, 2018)
https://www.marketwatch.com/story/heres-some-good-news-about-the-stock-markets-plunge-2018-02-05
Follow-on:
Opinion: The chance of a bitcoin crash is greater than 80% (29 Nov, 2017)
https://www.marketwatch.com/story/the-chance-of-a-bitcoin-crash-is-greater-than-80-2017-11-27
Member Since Jan 25, 2010
1360 posts
Feb 07, 2018 at 22:01
(edited Feb 07, 2018 at 22:19)
Economist Roubini: 'Crypto Crazies' Are 'Cyber Terrorists' (6 Feb, 2018)
https://www.coindesk.com/economist-roubini-cryptocrazies-cyber-terrorists/
Most cryptocurrencies are heading to zero, says Goldman analysts (7 Feb, 2018)
https://www.marketwatch.com/story/most-cryptocurrencies-are-heading-to-zero-says-goldman-analysts-2018-02-07
Australia To Ban Cryptocurrency Gambling (7 Feb, 2018)
https://www.rttnews.com/story.aspx?Id=2860213
Winklevoss: If you can’t see bitcoin at $320,000, you just lack imagination (7 Feb, 2018)
https://www.marketwatch.com/story/winklevoss-if-you-cant-see-bitcoin-at-320000-you-just-lack-imagination-2018-02-07
https://www.myfxbook.com/files/BluePanther/4_1H.jpg
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Member Since Sep 12, 2015
1948 posts
Feb 07, 2018 at 22:40
Bitcoin could become a ‘leading indicator for broader financial markets and risk appetite,’ Morgan Stanley speculates
"They mistook leverage with genius".
Member Since Jan 25, 2010
1360 posts
Feb 07, 2018 at 22:49
(edited Feb 07, 2018 at 22:52)
snapdragon1970 posted:
Bitcoin could become a ‘leading indicator for broader financial markets and risk appetite,’ Morgan Stanley speculates
Yes, it very well could... though perhaps an exaggerated leading indicator of risk appetite. There is a bubble of global liquidity that is searching for the easiest outlet... it seems to have found it now in ICOs and cryptocurrency.
The Emperor's New Coins: How Initial Coin Offerings Fueled A $100 Billion Crypto Bubble (10 July, 2017)
https://www.forbes.com/sites/laurashin/2017/07/10/the-emperors-new-coins-how-initial-coin-offerings-fueled-a-100-billion-crypto-bubble/#590614b86ece
https://www.myfxbook.com/files/BluePanther/5.jpg
Attachments:
Member Since Sep 12, 2015
1948 posts
Feb 07, 2018 at 23:22
BluePanther posted:snapdragon1970 posted:
Bitcoin could become a ‘leading indicator for broader financial markets and risk appetite,’ Morgan Stanley speculates
Yes, it very well could... though perhaps an exaggerated leading indicator of risk appetite. There is a bubble of global liquidity that is searching for the easiest outlet... it seems to have found it now in ICOs and cryptocurrency.The Emperor's New Coins: How Initial Coin Offerings Fueled A $100 Billion Crypto Bubble (10 July, 2017)
https://www.forbes.com/sites/laurashin/2017/07/10/the-emperors-new-coins-how-initial-coin-offerings-fueled-a-100-billion-crypto-bubble/#590614b86ece
https://www.myfxbook.com/files/BluePanther/5.jpg
Interesting,I think a lot of us that came through a few crashes take these crypto's with a large pinch of salt.
"They mistook leverage with genius".
Member Since Jan 25, 2010
1360 posts
Feb 08, 2018 at 08:33
(edited Feb 08, 2018 at 08:34)
World Bank Chief: Cryptocurrencies are basically Ponzi schemes - BBG (8 Feb, 2018)
https://www.fxstreet.com/news/world-bank-chief-cryptocurrencies-are-basically-ponzi-schemes-bbg-201802080650
Reminds me of HYIPs... I lost AUD$120,000 in 2013 with those - good luck with this! (count me out this time TYVM).
Member Since Dec 11, 2015
1487 posts
Feb 09, 2018 at 15:07
Well, whether it’s a bubble or not Facebook decided to play it safe and banned the ads of cryptocurrencies, including bitcoin, initial coin offerings (ICOs) and binary options across its network and partnering sites. (https://www.forexbrokerz.com/news/Facebook-bans-cryptocurrency-ICO-binary-options-ads)
According to the new company policy, “ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency“ are prohibited. The ban will apply to all platforms of the company, including Facebook, Audience Network that places ads on third party apps, and Instagram.
There were a lot of scammers looking for gullible people on FB, I am not surprised they did this.
According to the new company policy, “ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency“ are prohibited. The ban will apply to all platforms of the company, including Facebook, Audience Network that places ads on third party apps, and Instagram.
There were a lot of scammers looking for gullible people on FB, I am not surprised they did this.
Member Since Jan 25, 2010
1360 posts
Feb 10, 2018 at 03:42
mlawson71 posted:
Well, whether it’s a bubble or not Facebook decided to play it safe and banned the ads of cryptocurrencies, including bitcoin, initial coin offerings (ICOs) and binary options across its network and partnering sites. (https://www.forexbrokerz.com/news/Facebook-bans-cryptocurrency-ICO-binary-options-ads)
According to the new company policy, “ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency“ are prohibited. The ban will apply to all platforms of the company, including Facebook, Audience Network that places ads on third party apps, and Instagram.
There were a lot of scammers looking for gullible people on FB, I am not surprised they did this.
Agreed. Thank you for sharing this information with everyone!
Member Since Jan 25, 2010
1360 posts
Feb 11, 2018 at 15:55
Bitcoin: How the skeptics and believers grew so far apart (9 Feb, 2018)
https://www.marketwatch.com/story/bitcoin-how-the-skeptics-and-believers-grew-so-far-apart-2018-02-09
Bitcoin $1 million! Cybersecurity legend John McAfee ramps up NSFW wager (29 Nov, 2017)
https://www.marketwatch.com/story/bitcoin-1-million-cybersecurity-legend-jon-mcafee-ramps-up-his-nsfw-wager-2017-11-29
Opinion: Bitcoin could bankrupt you, but could it trigger a recession? (11 Dec, 2017)
https://www.marketwatch.com/story/theres-no-way-bitcoins-bust-would-trigger-a-recession-2017-12-11
Opinion: Only ‘sheeple’ are buying bitcoin at this point (7 Dec, 2017)
https://www.marketwatch.com/story/only-sheeple-are-buying-bitcoin-at-this-point-2017-12-05
Member Since Jan 25, 2010
1360 posts
Feb 12, 2018 at 04:36
Goldman Says Most Cryptocurrencies Will Soon Hit Zero (7 Feb, 2018)
https://marketfixx.com/goldman-says-most-cryptocurrencies-will-soon-hit-zero/
Member Since Jan 25, 2010
1360 posts
Feb 13, 2018 at 06:20
(edited Feb 13, 2018 at 06:23)
On Bitcoin and the new futures markets for it, Trader/analyst Gregory Mannarino says, “Right now, Wall Street with its hand on Bitcoin, means to me that it’s going to be gamed. (Bitcoin) It’s very thinly traded, it’s not widely held. Very few people actually hold this, and the bulk of this is held by very few. So, to game Bitcoin through the exchanges, someone out here with deep pockets, like a bank with unlimited fiat currency, could run the biggest pump and dump the world has ever seen with regard to Bitcoin. They are going to play it using the futures market. Wall Street is going to game this. How do we know this? Wall Street games everything.”
Gregory Mannarino - Bitcoin Futures Biggest Pump and Dump Ever (12 Dec, 2017)
Beware these cryptocurrency dangers, say European regulators (12 Feb, 2018)
https://www.marketwatch.com/story/european-watchdogs-warn-consumers-of-virtual-currency-risk-2018-02-12
Bitcoin may not be done collapsing, but it has bounced back from worse (12 Feb, 2018)
https://www.marketwatch.com/story/bitcoin-may-not-be-done-collapsing-but-it-has-bounced-back-from-worse-2018-02-12
New Jersey Issues Cease And Desist Order To Bitstrade (12 Feb, 2018)
https://www.rttnews.com/story.aspx?Id=2861673
Bank of Thailand bans banks and financial institutions from trading in cryptocurrencies (12 Feb, 2018)
https://www.fxstreet.com/news/bank-of-thailand-bans-banks-and-financial-institutions-from-trading-in-cryptocurrencies-201802121007
Member Since Jan 25, 2010
1360 posts
Feb 15, 2018 at 20:56
(edited Feb 15, 2018 at 20:59)
Charlie Munger Calls Bitcoin 'Noxious Poison'; Wants It Destroyed (15 Feb, 2018)
https://www.rttnews.com/story.aspx?Id=2863092
CFTC: Beware cryptocurrency pump-and-dump schemes (15 Feb, 2018)
https://www.marketwatch.com/story/cftc-beware-virtual-currency-pump-and-dump-schemes-2018-02-15
Feb 18, 2018 at 07:20
BluePanther posted:Charlie Munger Calls Bitcoin 'Noxious Poison'; Wants It Destroyed (15 Feb, 2018)
https://www.rttnews.com/story.aspx?Id=2863092CFTC: Beware cryptocurrency pump-and-dump schemes (15 Feb, 2018)
https://www.marketwatch.com/story/cftc-beware-virtual-currency-pump-and-dump-schemes-2018-02-15
I see, right now there have so many pro traders are doing crypto trading; even smartly!
