BTC = Stablecoin

No idea, the optimist in me hopes it's bottoming out.

Feb 5th on that chart is the key day for seeing if things are bottomed out or not.

Looks like a no-

Consolidation is fun...it's consolidation.

It isn’t possible to unload the amount of bch they own. They traded a liquid coin for an illiquid one w/o an exit strategy and are screwed. Strange we don’t hear from donkeyking (or whatever that guys 2p2 name) anymore.

This season of big blockers is promising, i cannot wait to see the final épisode of the hash war season.

Mt Gox trustee has sold a lot of Bitcoin putting a lot of downward pressure on the market. And he is still holding a massive amount of Bitcoin, that will eventually be sold.

Is there any analysis out there as to how much downward pressure the outstanding volume might continue to put on Bitcoin price?

all the noobs, busters, and earners have finally exited from the ponzi and nobody is buying back in so it's down to the fat cat hodlers engaging in a worldwide mexican standoff, just waiting to see who will drop their knife first and pop the life raft that everyone is floating on.

while 17 nerds keep working away on the lightning network apple pay already blew bitcoin out of the water. kids are walking around paying with their phones, but not with bitcoin. i've never used apple pay but i don't believe you need to buy applecoin to use their service.

I have a new slogan for the remaining hodlers hanging on by a fingernail-

Bitcoin: reinventing the wheel since 2009

herp derp

Tether showing serious weakness again this morning, someone explain to me how this isn't a massive scam? Don't profess to be a technical expert but it reeks of an implosion coming, don't trust their peg and whatever is backing it.

Don't know but there's plenty of other legit stable coins by now.

Doubt any of us ever believed Tether wasn't a scam.

If by 'stable' you mean dropping 25-75% in value in less than a year, then alrighty.

Bitcoin testing the waters below $5700 this morning. This bird has flown.

isn't volume way down?

If so, something to consider. Price collapsed, volatility collapsed, and volume collapsed. Perhaps the crypto fad was just that

I'm not suggesting you can't or won't make money trading it but the whole store of value moon boys could be whittled down to a small group that resembles doomsday preppers as none of these coins get adopted, regardless of the utility of block chain tech itself

Bitcoin market cap down below $100b. Price hit new low of 2018. Total crypto market cap hit new low of 2018.

How low will it go? Is this the end?

Thread sentiment getting v bearish, time for a bit of bounce.

Something tells me this is just the beginning.

The gut?

Ouch

Nice correction. What is this the 100th time it's happened? I've lost count.

I have a gut feeling that this is the end. Anyone else?

The end of Bitcoin or the end of the bear lol ?

End of Bitcoin.

What does the 'End of Bitcoin' mean to you?

Price under $100? Price under $1k? No hashrate? No transactions?

Bitcoin won't 'end' for a very very long time. The only certainty is volatility.