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    Bitcoin Daily Discussion, March 13, 2020

    Bitcoin Daily Discussion, March 13, 2020


    Daily Discussion, March 13, 2020

    Posted: 13 Mar 2020 12:00 AM PDT

    Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

    If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

    We have a couple chat rooms now!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
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    I thought 6k was a good time to buy.

    Posted: 12 Mar 2020 04:47 PM PDT

    meh...

    Posted: 12 Mar 2020 06:35 PM PDT

    WHEN MOON?

    Posted: 12 Mar 2020 08:23 PM PDT

    Snowden on Twitter: This is the first time in a while I've felt like buying bitcoin. That drop was too much panic and too little reason.

    Posted: 13 Mar 2020 01:10 AM PDT

    My portfolio is down $-5532 today. Been here from '17. This is more exciting than scary. I bought more!

    Posted: 12 Mar 2020 02:36 PM PDT

    Contrary to my username. I've actually never once sold any bitcoin. I got this nickname from getting rekt in altcoins. Lol. That being said. I bought the 3k dip and will be buying these turbulent times.

    Any brothers with me??

    Edit: -7.2k now 6:00PM

    Edit -11k now 7:00PM

    Edit -12k now 8PM http://imgur.com/a/hT8kzBu

    Edit -8k now at 9:50PM I would like to say I successfully snagged a few million sats at $4100. Still patiently waiting for 3.2k (goodnight reddit, see you in space)

    submitted by /u/WeakHands_Trader
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    Everyone on /r/bitcoin right now

    Posted: 12 Mar 2020 10:17 PM PDT

    This is the dip you've been waiting on to get into BTC

    Posted: 12 Mar 2020 02:47 PM PDT

    Just sayin'.

    submitted by /u/pyabo
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    Sound on! ��

    Posted: 12 Mar 2020 06:09 AM PDT

    Everybody here be looking at their phones

    Posted: 12 Mar 2020 07:43 PM PDT

    50 BTC mined and held for 10 years has been moved for the first time

    Posted: 12 Mar 2020 08:57 PM PDT

    If you are selling bitcoin out of fear and emotion seven weeks before the halving you are getting absolutely owned!

    Posted: 13 Mar 2020 03:47 AM PDT

    Just so you know...

    submitted by /u/slvbtc
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    Historically bitcoin has higher lows. Keep cam and buy bitcoin.

    Posted: 12 Mar 2020 07:16 PM PDT

    Who else instantly couldn’t resist buying under 5000 ?

    Posted: 12 Mar 2020 05:07 PM PDT

    So proud of y'all :')

    Posted: 12 Mar 2020 10:06 PM PDT

    Bitcoin Price Drops to $3,637, Rebounds Above $5,400 Within Minutes

    Posted: 12 Mar 2020 08:44 PM PDT

    "Buy when there's blood in the streets, even if the blood is your own." - Baron Rothschild

    Posted: 12 Mar 2020 06:41 PM PDT

    The meek shall inherit the earth

    Posted: 12 Mar 2020 08:01 PM PDT

    What we have happening is a major financial switch.... The big players are dumping at alarming rates...

    But at the same time according to coinbase the buyers are lining up.

    Despite the crash, coinbase is reporting 77% buys and 23% sell at 10:51 pm...price is now $5038, with a low of $3858.00 just minutes ago.

    It is the small people buying... It is you and me.

    So I say let them sell....

    I'll be here to gather it all up....

    I'm long, so this is exactly what I've been waiting for...

    I'm holding till the bottom... Can't wait to get my first bitcoin.

    If it goes to $1000 maybe I'll get a few.

    Gather up people, this is the economic shift we need....

    New Empires are built from the ashes of previous ones.

    Blessings.

    Edit: thanks for the rewards. You are too kind.

    submitted by /u/jgarcya
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    Shout out to everyone still buying

    Posted: 12 Mar 2020 07:42 PM PDT

    We've been here before, we knew we'd be here again.

    Just a quick reminder that bitcoin isn't broken. Blocks are still being mined roughly every 10min. Nothing's changed but the price.

    I'm buying this week, just like last week, and the week before that.

    Happy hodling.

    submitted by /u/The_Hominem
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    Andreas Antonopoulos (3rd Jan 2020): "In the beginning of the next financial crisis, crypto will crash hard along with everything else"

    Posted: 12 Mar 2020 05:14 PM PDT

    What Would Drake Do?

    Posted: 12 Mar 2020 04:48 PM PDT

    Weeeeee!!!!

    Posted: 12 Mar 2020 08:49 PM PDT

    New drinking game, take a shot everytime your phone dings from coinbase notifications.

    Posted: 12 Mar 2020 07:32 PM PDT

    Can I interest anyone in an upbeat meme

    Posted: 12 Mar 2020 09:44 AM PDT

    Reason why it's dropping is the same reason Gold is

    Posted: 12 Mar 2020 10:26 PM PDT

    I work in the financial sector, in the past few weeks people have been trying to raise serious cash in anticipation of investing in assets that have been seriously battered.

    Think of someone that invests in bitcoin long term. At these prices, they might decide to sell other things to pour more money into bitcoin or wait for an entry point they are comfortable with.

    The same happens in all assets.

    As soon as people feel the worst is over, all this cash on the sidelines will come rushing in in a short period of time.

    A good example was the 2016 election. People went to cash leading up to it. For most a win for Trump meant a rising market and a Clinton win meant a declining market (please don't turn this into politics, just the way it was seen by many investors). Once Trump won, all that money came rushing in.

    Interesting to note, with the recent market decline, we are almost back to Jan 2017.

    When people try to come up with complex reasons why Gold, BTC or some other asset right now is selling off, they are overthinking it. During any major decline in stocks you have investors re-positioning their cash, this is when new levels of wealth are reached for the smart money and new levels of poorness for people that just don't know.

    submitted by /u/jchang23
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