Quote from: bee3164 on February 01, 2018, 11:25:30 PM

its what it is. You gotta take the losses along with the highs. i hope the market stops selling. Just HODL

I'm not having losses. Like I said I don't let emotions affect my trade. I know the market is crashing right now, so I separate things. I have bitcoin for long term (don't plan to trade or sell them, I intend to use them in the future), that are obviously outside exchanges, and I have a small amount of cash in exchanges. Since I know the market is on a down trend I keep those funds in all cash mode. This way I can buy dips like we had today, and then sell again for profit, so I actually increase my bankroll even if the market crashes.

This thread has nothing to do with trading. And although I already had some profit today (bought around $8500 and sold around $9k, so I got a 6% profit today), that doesn't mean I don't get sad with what is happening.

From a trading point of view, this is great, but I prefer bitcoin usability over trading opportunities, and that's why I get sad when I see these irrational behaviors.

Quote from: spngebob on February 01, 2018, 11:31:05 PM

It's not FUD what is pushing bitcoin down.
It is damn high fees and people are looking for alternatives.

We all realize that all these are fud.
But inside that fud you can find some real news who you didn't share in your post for some reasons - steam and stripe. Do research and update post with more real news.

Nope, that is mentioned in the news, and the fees argument is not valid for the market crash.
Fees are much lower now 36980 Unconfirmed Transactions just check https://blockchain.info/unconfirmed-transactions
We had almost 200k Unconfirmed Transactions and the price was actually rising at that time. So people didn't really care about that, so that is not the reason for the crash.

It's funny you mentioned steam. Did they offered an alternative? No... so they weren't' really serious about using crypto, and they removed it for some other reason. Unless they only believe in bitcoin, and they are waiting for the LN.

Also, thee fees would be much lower if coinbase and other exchanges just adopted segwit instead of doing inside trading with bcash, and batched their transactions. Do they do it? No... because they kind of enjoy lagging the network apparently.

EDIT: And yes, fees need to be lower, I will not argue with that, but that is not the reason for the crash, and the LN development news would actually fight that, if that was so important for the bitcoin price. BTC is in development, we all know that, so I don't think people would massive sell because of that. They got tired of waiting and decided to massive sell? I don't think so...
Also, they are getting alternatives?? How can you say that, if the hole crypto market is dumping. What alternatives are they buying into? xD