Bitcoin skyrocketing

Discussion in 'Bitcoin and Cryptocurrency' started by penche, Dec 22, 2016.

  1. penche

    penche Member

    What is driving bitcoin to skyrocket in the last week? It has increased over $100 for every coin. I had a decent amount of chunk and made some cash but pulled all out and cashed in. Don't wanna wake up and it take a dump. It took a bad hit mid 2015. Any savy folks wanna chime in? What the heck is going on? what factors will drive it down?
  2. Skull

    Skull Member Supporter

    This confirms yet again why I hate bitcoin. I don't like the way that shit fluctuates like that lol.
  3. wedorecover

    wedorecover Member Supporter

    Break bread my boy we gonna need a cut lol jk @Ryno1980 @TorroXL
    Ryno1980, penche and TorroXL like this.
  4. Eman

    Eman Member

    I made some money... IRS is probably on their way here now. :eek:
  5. legendary

    legendary Member

    Cash is king
    penche, Skull and TorroXL like this.
  6. TorroXL

    TorroXL Member

    CIM is how we roll...
  7. penche

    penche Member

    Yea I was texting homie @Ryno1980 about that shit just going nuts. I got cold feet and pulled out, obviously my luck is shit cuz it's still on the rise. It's up $126 per coin since last week! So if you have 2 coins $1600 last week you would've made an eazy $250 in one week! I'm not a baller by any means but like @legendary said cash is king. I need those greenbacks on steady.

    Suppose you could put an alert sell but not my style.

    Old school but that method still solid within USA.
    Skull and TorroXL like this.
  8. Sk8man101

    Sk8man101 Member

    With nothing of value to back it up absolutely. Scary shit.
    Invest in silver if you really want to do somthing like that.
    Just Fish and TorroXL like this.
  9. TorroXL

    TorroXL Member

    Sk8man101 likes this.
  10. XKawN

    XKawN Member

    Brexit crashed it a few months back and now the assumption trump is gonna fix the economy is probably driving the coin up. Right now it's over $900 a coin and growing. I pretty much stopped paying attention to the price. Just goes up and down so fast that it would drive you mad if you were emotionally attached.
    SmallWoody and Testosteroneric like this.
  11. penche

    penche Member

    I agree it'll make you crazy. I will buy back in smaller increments. Just its taking a $28 dollar drop per coin.
    $875 per coin now
  12. XKawN

    XKawN Member

    Shit, trump must have just tweeted something.
    SmallWoody and penche like this.
  13. DedLift

    DedLift Member

    Yeah, I sat down at the toilet this AM all ready for a relaxing dump and nothing came out but baby rabbit droppins and I thought "well played Trump, well played"
    penche and MisterSuperGod like this.
  14. Perrin Aybara

    Perrin Aybara Member

    I only made $2. :(
  15. 2Dumb2Plumb

    2Dumb2Plumb Member

    I made $150 lol... took that right out... an hour later it took a big dive.
  16. ronin17

    ronin17 Member

    Lol!! God bless you bro. At least you're consistent:)
  17. XKawN

    XKawN Member

    The brexit comment was that of a bitcoin expert. The other is just common sense. I would guess that a vast majority of Americans suspect trump will improve the economy, hence the stock market. The markets, including bitcoin, are driven by emotion not reality.
  18. Nat2Syn

    Nat2Syn Member

    lol just hold, you will make a lot more than $150 in 2017.
    EbFS likes this.
  19. EbFS

    EbFS Member

    I've made almost 450 so far, just woke up to see a 10% increase during my sleep :)
  20. penche

    penche Member

    Fuking lost 200. I'm staying until it goes back up dammit
    EbFS likes this.