@kingscrown went MIA, BTC dumped to 9k USD!

kingscrown (81) · 7 years ago

ETH, LTC, NEO.. all good bets ;)

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raphal (39) · 7 years ago

people calling u when bitcoin drops like you control it hahahahaha

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kingmotan (51) · 7 years ago

That was the scariest correction since I'm in crypto and I feel proud that I hodl'ed everything like a hero.

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riley-moodley (25) · 7 years ago

A lot of people, especially newbies, don't understand that all markets are cyclical.

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orangesphere (55) · 7 years ago

What?! You're telling me this market can go down? Must be a scam.... imma pull out now. ;)

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wellyerfyanto (44) · 7 years ago

Thankyou for your castil....but i m play in forex ill try crpto but no human teach me....i think its simillar with f0rex ... from indonesian steemian

FIND ME ON

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3 votes

god-is-love (56) · 7 years ago

You are right, it's best to stop panic! Getting out for the computer for a week is a good idea..two weeks would be even better.

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wowearth (39) · 7 years ago

Yeah btc is dumped to 9k usd right now but sir we belief that it will rise up soon bcoz bitcoin is one of the largest cryptocurrency and most of the other coin depend on it . and I love to hold my btc and aim to buy more btc on this dump period.

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cryptocultivate (35) · 7 years ago

Has anyone got any tips with getting started on steemit? any help would be great :)

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ronel (61) · 7 years ago

Cryptos are crashing! - Don't panic.

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fspikes66 (25) · 7 years ago

I have a few Crypto Coins: BTC,LTC,ETH,ETC . I like some of the other Alcoins as well. Just don't understand why so many are coming out and also some have no purpose for a coin.

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sahin92 (25) · 7 years ago

it is beautiful.

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nehalkumar (25) · 7 years ago

awesome castle just loved it...

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fauziahmad (46) · 7 years ago

Are you serious...???
That a good information.

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ginquitti (51) · 7 years ago

Yup. I need a couple days away from the computer. It drives me crazy to watch my portfolio value drop 50%

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teutonium (62) · 7 years ago

I feel ur pain bro, but it´s also awesome when the price goes up and the portfolio goes up 50% or 100%(mine did some weeks ago just before crashing xD)

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ginquitti (51) · 7 years ago

Mine too. I should transferred it all into tether when it was at its peak and then bought these dips. Oh well.

Im following you now because i like the way you interact with people. I was there last month. Just starting out and trying to start a following. So you got a follower in me man

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teutonium (62) · 7 years ago

I followed u too :)

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karinxxl (68) · 7 years ago

Very refreshing to stay out of everything for a week actually!

To be honest, all this drop didnt really worry me a bit, which means Im starting to adapt in crypto space. Healthy conclusion of the week

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conradsuperb (67) · 7 years ago

Yeah, agreed, nice to get away sometimes... wasn't worried either, but jumped in a little too early, right before BTC dropped to 9...smh, but I think it may drop one more time before it's yuge run, and if so going in on some more

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karinxxl (68) · 7 years ago

To be honest, I sold most of my btc a while back... The fees are just out of hand, rather play with alts

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conradsuperb (67) · 7 years ago

i buy btc to buy my alts

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karinxxl (68) · 7 years ago

yeah I buy LTC for that...for the speed

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conradsuperb (67) · 7 years ago

yeah probably good, I like to hold my LTC, but may take this recommendation from you. thanks for sharing some tips, much appreciated @karinxxl
Respect

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dwolfe (54) · 7 years ago (edited)

Not all places accept Litecoin as they do Bitcoin. Others accept Bitcoin and Ethereum but not litecoin. Hope that changes soon.

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karinxxl (68) · 7 years ago

Also true, but for me its a good coin to start with from coinbase, and take to take it from there into something else

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innerstellar (53) · 7 years ago

I am about as much of a newbie to the Crypto world as one can be, especially when it comes to Alt Coins. I bought in on Ethereum when it was at $19.00 and have held it since. I had enough sense to do that. lol! But, I didn't take it to the next level until now. I have invested in some that I feel will do really well. Two of a few of my favorites are ETHOS and EOS, so invested pretty heavily in them.

Back to your oost about Bitcoin. I have heard nothing but fear around Bitcoin and Crypto's in general. I almost wonder if the MSM is doing their best to scare people off to give corporations time to get in before the average person has time to get invested. I know the Alt. Media is pretty darn scared too. lol

Thanks for helping others make sense of it and bringing some clarity to it all.

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chuckjordan (35) · 7 years ago (edited)

think about this a little. cryptocurrencies should be a little safer relative to fiat because fiat can be devalued by a country printing more of its fiat. cryptocurrencies like BTC are decentralized, distributed, and have built in scarcity.
The only way to manipulate its price is with propaganda -- negative propaganda when they want it down, positive propaganda when they want it up. The future market is just an abstraction and not necessarily pegged to the real thing. It only gives a "prediction", which many may or may not pay attention to. So if they are telling you not to buy it, buy it. If they are telling you to buy it, don't buy it -- HODL or sell. Or, dollar cost average every week or every month.

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mattje9601 (29) · 7 years ago

You are very right. The markets are being manipulated in order for the big players to keep buying up while it's cheap. The manipulation is at the highest levels. Your definitely onto something. Keep that in mind and you will start to see the patterns of manipulation much more clearly.

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teutonium (62) · 7 years ago

The hard part wouldnt be to be away from my portfolio for 1 week, but away from my PC for 1 week, who would feed it electricity ? who would play with it? the poor guy wouldnt know what to do...

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berylwills (47) · 7 years ago

A getaway is a very healthy activity. Especially with a loved one. I should do that sometime.

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genievive (40) · 7 years ago

I guess if it goes down it can't come up again? https://steemit.com/domesticviolence/@genievive/domestic-violence-the-way-forward

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alislamakash5 (35) · 7 years ago

Thanks for your kind information about cryptocurrency

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sungbojus (49) · 7 years ago

Even as you 'hide' away, 'So i have been in my snow castle for last week.' remember to keep vigil. There'll always be opportunity to buy!

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abdo00 (52) · 7 years ago

Good post my friend

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conradsuperb (67) · 7 years ago

one more dip to buy... saying 7.5 k, but could be wrong

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chuckjordan (35) · 7 years ago

with US government shutdown, I would think BTC will go up - flight to safety as US dollar sinks more.

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cjao20 (49) · 7 years ago

Yes, I think we need to pause, breathe in peace, in order to make the best decisions. I do not have a snow castle but I do have my little studio to analyze and review the opinions of the experts. Good advice. Greetings.

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splendorhub (61) · 7 years ago

@kingscrown True, one should just get use to the highs and lows. HODL is the only way I know. Staying positive all the way :D Thanx for sharing. - @splendorhub

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lukebrn (58) · 7 years ago

Thanks for the update! That castle looks savage! Alts are on a good run now for sure, although I'm not sure how this trend will fall in 2018. I imagine that alts with no use cases or products will start to drop once the hype around them does.. we will see!

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nmalove (63) · 7 years ago

I believe it will go high again.. Meanwhile, nice castle you got there..

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jamesmoura (45) · 7 years ago

My dream is to go to a castle das! lol

I agree with the opinion! No panic, more profit!

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heroic15397 (62) · 7 years ago (edited)

Welcome back! SBD is being pumped on Bittrex at this very moment, CoinExchange has been down for the last 8 hours, and today C-CEX resumed taking in new registrations.

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criptokingko (41) · 7 years ago

There's no reason whatsoever panicing on the fallen of BTC is gonna shotup again and again, the wise buy when fallen and the weak panic and sells but'll leave to regret later.

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triptybarsha (53) · 7 years ago

thanks a lot for sharing your valuable post in steemit..thank you dear..and carry on your activity..

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mamajeani (49) · 7 years ago (edited)

Grandma needs some new boots! :D Good post...no need to panic! Things will go up and down, sometimes rapidly...just breathe!
FUR<3

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bigdude (56) · 7 years ago

@kingscrown Steemit gives us endless opportunities, both in the field of knowledge that can be drawn from each of the POSTs that are shared in the community which have a great contribution inside and outside of STEEMIT since thanks to this community we can general gains in the economic aspect, with our jobs. Each user that lives within the WEB is subject to the new changes that are generated every minute within this Universe that is the Internet. Let's work hand in hand to form awareness and give the example of what should be done with this great tool that is universal knowledge at the distance of a CLICK.

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thongbk (32) · 7 years ago

BTC bump. Not dump
Crazy

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bitcoinflood (77) · 7 years ago

9 k was an amazing buying op but I didn't get it at the low low hit it at just above the 10k mark so still a win in my book. Btw that castle looks bad ass! Hope you had a good time.

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muliadi (57) · 7 years ago

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monirulislam777 (49) · 7 years ago

This is very informative post & thanks to share this content with us.

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irwansyah883 (45) · 7 years ago

Your post is very amazing @kingscrown. I am very impressed once please follow and upvote me @ irwansyah883

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emmaculate (54) · 7 years ago

Nice market info

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mistakili (69) · 7 years ago (edited)

Well for a minnow like me, i sure did panic, but i had to HODL. The whole process was interesting overall, now im even stronger

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bitgeek (62) · 7 years ago

Congratulations @kingscrown, this post is the second most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 396 and the total pending payments to posts in this category was $12506.13. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

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ahsansaeed (52) · 7 years ago

The fallen will rise again! ;)

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cuaderno (57) · 7 years ago

That is very nice castle. How can i find that on google maps?

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sammie85 (46) · 7 years ago

I strongly believe this is a good period to buy BTC bcos im very positive it will rise pretty soon. Great post...

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bj09 (39) · 7 years ago

how to earn free btc ? anyone ??

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nickh725 (50) · 7 years ago

looks like a wonderful place to be! :) The crpytomarkets are looking very bullish! Exciting time to be long in the space!

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shahfahad096 (36) · 7 years ago

Amazing keep sharing God bless you

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ssjsasha (67) · 7 years ago

I don't get it, didnt they buy thinking the price was going to a million per coin? So why bother following the price until it gets to like $990,000 then get ready to cash out lol

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chuckjordan (35) · 7 years ago

its like this. buy in at 10k. Then sell at 20k. Let it drop back to 15k and buy in. Then sell at 25k. It drops again to 17k, and so on, like any market.

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fadhlon (33) · 7 years ago

Good

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satgaonit (11) · 7 years ago

Awesome post. Thanks for sharing it.

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chiama (62) · 7 years ago

We are getting up back

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niteshkmr001 (5) · 7 years ago

Nice

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gilma (63) · 7 years ago

Castle looks so good!! ^^

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friendly-fenix (59) · 7 years ago

@kingscrown
Nice snow-castle!

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aice20 (45) · 7 years ago

That's a huge castle

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sakethkukkala (23) · 7 years ago

I am still kind of unsure as to how bitconnect had a major percentage of the cryptocurrency market. One of my theories are that as soon as bitconnect fell, many people thought that other currencies were like this and decided to drop out as well. Then we hear about other coins like Hextracoin and Davorcoin who come in. I am a little sketchy about joining these lending groups as they are bound to fail at one point as the same concept is in these groups. As for the price of bitcoin falling to 9k, likewise, everyone needs to basically calm down as this isn't the first time it dipped like this. Right now, the value of bitcoin is 12.94 thousand dollars. So essentially the coin is climbing back up in price meaning that investing into cryptocurrency right now is perfect. Of course, the market needs some time to recover after the whole bitconnect thing happened. But with all the panic, yea it needs to calm down a little.

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safetony (47) · 7 years ago

Well a king does have to have a castle I guess :)

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crushthemarket (38) · 7 years ago

Thanks for the updates and the chart action on the run up since Bitcoin hit the low$9k. One question though, should Bitcoin and Altcoin holders be concerned that short positions in Bitcoin is now even bigger than 2 weeks ago. Would love to hear back from others. bitcoin net specs 1.21.jpg

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https://steemit.com/dmania/@jumatmalamhari/sakitnya-tuh-disini-zg1hbmlh-zjgvk

jumatmalamhari (48) · 7 years ago

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