Mike Ock wrote:mnandii wrote:
Bitcoin has bottomed at 7031 and is ready to rise to above the previous highs of 9800. Targets for the rise are now between
10000 - 10400. Be long.
It is now at $6500. I'm guessing us who have not read 100 whitepapers on crypto we are the blind ones. You who is speculating merely on the direction of the price are the enlightened one. Boss, most of your analysis in this thread has been wrong. I just hope you had not put too much money here.
There has been a sharp drop in the price of bitcoin and other virtual currencies after South Korean cryptocurrency exchange Coinrail was hacked over the weekend.
A tweet from Coinrail confirming the cyber-attack sent the price of bitcoin tumbling 10% on Sunday to two-month lows.
The world’s best-known cryptocurrency lost $500 (£372) in an hour, dropping to $6,627 on the Luxembourg exchange Bitstamp, while most other digital currencies also recorded large losses.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen