Do you have any Bitcoins by furious-one

money · @furious-one · Jun 20 '18

$22.81

Do you have any Bitcoins

![finger-922898_960_720.jpg](https://cdn.steemitimages.com/DQmdxFcEoS6PZZZ99fhBJB9hy2zjh8pMynJ46ifSchh9t5u/finger-922898_960_720.jpg)

As the Wall Street analysts and CBOE [fight](http://www.businessinsider.com/bitcoin-price-could-be-hit-by-bitcoin-futures-contracts-says-tom-lee-2018-6), which caused the price decline from 20K to 6000, early signs of stabilization can be seen. Tom Lee, the Fundstrat analyst points his finger at Bitcoin futures for the major cause of the "everlasting dip", while CBOE claims that their futures contracts' volume was equivalent of ~1400 Bitcoins, which would be unable to affect the market and point their finger to the uncertainty surrounding cryptocurrencies regulation, tax and media interest.

Of course, they both deal in cryptocurrencies and decide to leave out the fact, that cryptocurrencies were in a short-term speculative bubble and popped.

![water-bomb-549091_960_720.jpg](https://cdn.steemitimages.com/DQmckkGjHThTwZXxTWnPFiGHcAbeqpPEfJdueBjFtgCYC2C/water-bomb-549091_960_720.jpg)
*<sub>img credz: pixabay.com</sub>*
 
Luckily for us, cryptos are volatile and move in much faster cycles than other asset classes. According to some research, Bitcoin, for example has gone thorugh the cyclec of a bubble 15 times faster then Nasdaq, [back in the day](https://steemit.com/money/@furious-one/bad-news-good-news).

My personal opinion is shared with multiple parties - this bloody trail downhill, taking no prisoners along the way, is not based on bad news, regulatory confusion or tax collectors' big arm.

![tax-office-2668797_960_720.jpg](https://cdn.steemitimages.com/DQmas3NC9sPd8Dn7FLE8fLn28tbrF2rCBmQc3zYtL6FEJg1/tax-office-2668797_960_720.jpg)
*<sub>img credz: pixabay.com</sub>*

Rather it's just a case of returning to normal valuations after such a massive run up, fueled by media and rumors of easy riches. But normal valuations, whether here or lower even more, lay a foundation for the price to naturally grow over time, based on actual innovation and values. Lower prices may also make the cryptocurrencies easier to adopt and might bring with them smaller swings of volatility.

Get-rich-easy types move on, scammers crawl back into their holes and shitcoins without any real utility will disappear into oblivion.

A look at the Bitcoin chart perhaps?

Stabilization between key trendlines means nothing by itself. It can simply be preparing for a retest and continuation of it's roll downhill or looking for buyers to break the support turned resistance determinedly. Open guess. Just pointing out where we are. IF we get back into the triangle, then the top trendline is the next logical target.

![bitcoin chart.JPG](https://cdn.steemitimages.com/DQmXYGSnFRt7tTFrqQbQNi3YEf7iu3gQbaWCdX4Pe8NDwAo/bitcoin%20chart.JPG)
*<sub>Via tradingview.com</sub>*

Litecoin is stuggling much in the same way:
![lts strugglw.JPG](https://cdn.steemitimages.com/DQmUQ2ATyntX33GhWVMALAed5x1vxcs3agv7YRoUiGwwceN/lts%20strugglw.JPG)

***But what i like, is the STEEM chart:**

You know, wedges often tend to retrace 100%. The moves out of the wedge are not often explosive, sometimes they even wither and die, but unless a proper price collapse occurs here, chances are we'll visit the wedge top between around 4-5 sometimes in the medium-term future.

![steem wedge.JPG](https://cdn.steemitimages.com/DQmbV8YrtyDJbxM3tzYjoqAgoqb1iVzJjkx8NtP3Bj9sTkd/steem%20wedge.JPG)

------

Do you have any Bitcoins?

![original_126457160.gif](https://cdn.steemitimages.com/DQmWCnP1EkqHbw4ytHJuHD8TfEW7YNnYGVY7H6B9Ktia3xX/original_126457160.gif)




Materials:

[businessinsider.com](http://www.businessinsider.com/bitcoin-price-could-be-hit-by-bitcoin-futures-contracts-says-tom-lee-2018-6)
[newsbtc.com](https://www.newsbtc.com/2018/06/13/bear-market-just-back-reality-bitcoin/)

---
---

**Still not selling your vote to Minnowbooster to earn SBD? [Do it now](https://www.minnowbooster.com/referral/390)**


---

*<sub>Title image from pixabay</sub>*

![separator.png](https://steemitimages.com/DQmUyaHgcqADN53CAcbt1zGskni6fcHASA1LEwJxyfKwNXD/separator.png)
<center>
![unknown2.png](https://steemitimages.com/DQmTNBVkxoDYCDcq1ftycNkFLTWMAjUYVhZk5vupBWBbEMD/unknown2.png)
Are you looking for Minnowbooster, Buildteam or Steemvoter support? Or are you looking to grow on Steemit or just chat? Check out Minnowbooster Discord Chat via the link below.
<br>
<a href="https://discord.gg/P482NVe"><img src="https://steemitimages.com/0x0/https://steemitimages.com/DQmV3vq9X1LuEx1JeHCxPMTSyYDeM8MoaMXe2udAUCPM7B6/image.png"/></a>
<br>[buildTeam.io](https://www.buildteam.io/)
</center>

👍 shenanigans, reggaemuffin, cowtippin, buddhist, freemoceanisnow, stiflers-mom, ashe-oro, mrsquiggle, scan0017, furious-one, rok-sivante, pharesim, thecryptodrive, velimir, carlosd15, forexbrokr, techslut, nelkel, snoe860, steemvoter, nolnocluap, bulleth, exhibique, tengyi90, scaredycatguide, techblogger, steembusiness, scooter77, nelkeljdm, badham, raili, apasia.tech, frankk, drwom, smokeynagata, kettleandseagull, kiddarko, buzzbeergeek, britcoins, adventureevryday, nathen007, kadri, teamestonia, knowledgeable, neuromancer, trev03, kolaolabode, jpederson96, kimchi-king, dadview, kriptonoob, mdosev, steembet.asia, kellyscottdf, burrburrguy, owinvestments, mindsculptor, patricklancaster, spederson, steemitcitizen, cryptictruth, dailythoughts, wirednkod, freerolll, and 13 others

`post_id`	53,639,114
`author`	furious-one
`permlink`	do-you-have-any-bitcoins
`category`	money
`json_metadata`	"{"links": ["http://www.businessinsider.com/bitcoin-price-could-be-hit-by-bitcoin-futures-contracts-says-tom-lee-2018-6", "https://steemit.com/money/@furious-one/bad-news-good-news", "https://www.newsbtc.com/2018/06/13/bear-market-just-back-reality-bitcoin/", "https://www.minnowbooster.com/referral/390", "https://discord.gg/P482NVe", "https://www.buildteam.io/"], "app": "steemit/0.1", "tags": ["money", "cryptocurrency", "bitcoin", "steem", "funny"], "image": ["https://cdn.steemitimages.com/DQmdxFcEoS6PZZZ99fhBJB9hy2zjh8pMynJ46ifSchh9t5u/finger-922898_960_720.jpg"], "format": "markdown"}"
`created`	2018-06-20 06:03:06
`last_update`	2018-06-20 06:03:06
`depth`	0
`children`	5
`net_rshares`	0
`last_payout`	2018-06-27 06:03:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	22.471 SBD
`curator_payout_value`	0.334 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	4,609
`author_reputation`	97,723,722,095,580
`root_title`	"Do you have any Bitcoins"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (77)

voter	rshares	pct
pharesim	82,900,337,751	0.1%
ashe-oro	208,189,530,589	15%
rok-sivante	143,975,965,217	11%
thecryptodrive	58,564,037,764	20%
scaredycatguide	18,660,008,518	25%
kiddarko	6,238,440,749	5%
nelkel	27,921,398,014	50%
freemoceanisnow	659,520,414,759	100%
dadview	1,253,922,203	3%
techslut	29,093,546,373	10%
scan0017	193,472,040,661	76%
adventureevryday	5,075,699,325	10%
steemvoter	27,153,648,408	25%
buzzbeergeek	5,556,436,718	10%
snoe860	27,424,872,591	100%
steemitcitizen	413,507,981	5%
velimir	43,947,313,858	8%
frankk	10,054,073,822	100%
nolnocluap	22,589,086,368	100%
reggaemuffin	2,571,294,742,345	25%
khunpoom	188,006,847	37.5%
scooter77	12,769,140,593	50%
drwom	9,973,317,377	40%
kadri	4,478,381,965	100%
mdosev	647,129,336	5%
bulleth	21,446,944,629	50%
carlosd15	39,119,978,837	100%
furious-one	187,795,847,317	100%
forexbrokr	36,209,782,522	100%
britcoins	5,249,294,427	100%
raili	10,836,634,041	100%
jpederson96	1,619,794,562	25%
neuromancer	3,506,640,692	100%
steembusiness	15,936,385,158	30%
kellyscottdf	601,234,542	100%
techblogger	16,409,377,766	25%
badham	12,585,561,877	100%
mrsquiggle	193,656,626,216	50%
apasia.tech	10,152,592,976	75%
kriptonoob	706,848,622	1%
kettleandseagull	9,564,816,128	100%
steembet.asia	642,660,985	100%
tengyi90	18,959,199,748	100%
kimchi-king	1,265,459,454	50%
mindsculptor	532,644,138	100%
nathen007	4,912,393,025	100%
kolaolabode	1,807,605,876	100%
nelkeljdm	12,693,886,686	25%
trev03	2,211,462,683	100%
stiflers-mom	645,746,112,647	80%
patricklancaster	503,381,698	5%
freerolll	250,143,924	75%
buddhist	916,451,144,974	91%
dailythoughts	374,413,748	100%
cryptictruth	379,856,592	5%
sagitta6	102,588,021	25%
spederson	496,130,267	25%
sagitta	76,451,722	12.5%
smokeynagata	9,849,979,198	25%
jemjewl	66,498,840	25%
wirednkod	304,802,130	50%
shenanigans	3,075,621,297,048	66%
vaibhav1109	228,561,125	100%
teamestonia	4,150,493,655	100%
criptoku	165,156,608	50%
technicalguruje	82,646,526	100%
cowtippin	1,472,780,071,549	66%
restbot	61,260,041	10%
hyatographic	162,070,568	50%
exhibique	20,403,773,402	100%
mrandreas	186,385,271	37.5%
poppypyro	67,789,450	75%
owinvestments	591,731,713	100%
knowledgeable	3,865,142,598	100%
svetlanadr	114,027,382	100%
burrburrguy	597,293,194	100%
devsingh	70,348,216	100%

@nathen007 · Jun 20 '18

$0.07

Stability is exactly what the crypto world needs to cement its place as a serious fiat alternative and lend it provenece in the eyes of the wider public. I know this drop has hurt many people but its also cleared a lot of scammers out of Steemit and sent the get rich quick scum exiting the markets. Stability is the best thing that could happen to Crypto.

👍 furious-one, alexsund

`post_id`	53,640,410
`author`	nathen007
`permlink`	re-furious-one-do-you-have-any-bitcoins-20180620t061927600z
`category`	money
`json_metadata`	"{"app": "steemit/0.1", "tags": ["money"]}"
`created`	2018-06-20 06:19:27
`last_update`	2018-06-20 06:19:27
`depth`	1
`children`	1
`net_rshares`	0
`last_payout`	2018-06-27 06:19:27
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.055 SBD
`curator_payout_value`	0.017 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	356
`author_reputation`	62,453,323,633,305
`root_title`	"Do you have any Bitcoins"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
furious-one	0 B		35,211,776,214	19%
alexsund	0 B		554,940,575	100%

@alexsund · Jun 20 '18

agree. We are all waiting for it.

properties (22)

`post_id`	53,642,369
`author`	alexsund
`permlink`	re-nathen007-re-furious-one-do-you-have-any-bitcoins-20180620t064232159z
`category`	money
`json_metadata`	"{"app": "steemit/0.1", "tags": ["money"]}"
`created`	2018-06-20 06:42:33
`last_update`	2018-06-20 06:42:33
`depth`	2
`children`	0
`net_rshares`	0
`last_payout`	2018-06-27 06:42:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	33
`author_reputation`	273,317,013,544
`root_title`	"Do you have any Bitcoins"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@yonny · Jun 20 '18

$0.32

I still think we are going to see a continuation of a much bigger parabolic trend before we see a bigger crash. I don’t think we’ve seen a comparable.com like bubble yet.

👍 cyberblock, furious-one, yonny, ztz

`post_id`	53,642,131
`author`	yonny
`permlink`	re-furious-one-do-you-have-any-bitcoins-20180620t063950670z
`category`	money
`json_metadata`	"{"app": "steemit/0.1", "tags": ["money"]}"
`created`	2018-06-20 06:39:51
`last_update`	2018-06-20 06:39:51
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2018-06-27 06:39:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.239 SBD
`curator_payout_value`	0.076 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	170
`author_reputation`	8,821,766,441,851
`root_title`	"Do you have any Bitcoins"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (4)

voter	rshares	pct
cyberblock	125,182,252,143	100%
yonny	7,309,680,091	100%
furious-one	18,779,613,981	10%
ztz	128,518,864	30%

@alan369 · Jun 20 '18 (edited)

Bitcoin isn't created for it

properties (22)

`post_id`	53,645,080
`author`	alan369
`permlink`	re-furious-one-do-you-have-any-bitcoins-20180620t082036722z
`category`	money
`json_metadata`	"{"tags": ["money"], "app": "steemit/0.1"}"
`created`	2018-06-20 07:16:15
`last_update`	2018-06-20 07:19:09
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2018-06-27 07:16:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	28
`author_reputation`	3,012,235,266,924
`root_title`	"Do you have any Bitcoins"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@owinvestments · Jun 20 '18

$0.04

Good analysis.  Market was just overvalued.  It’s looking fairly if not undervalued now.

👍 furious-one

`post_id`	53,687,915
`author`	owinvestments
`permlink`	re-furious-one-do-you-have-any-bitcoins-20180620t144705276z
`category`	money
`json_metadata`	"{"app": "steemit/0.1", "tags": ["money"]}"
`created`	2018-06-20 14:47:06
`last_update`	2018-06-20 14:47:06
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2018-06-27 14:47:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.027 SBD
`curator_payout_value`	0.009 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	88
`author_reputation`	22,908,676,527
`root_title`	"Do you have any Bitcoins"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
furious-one	0 B		18,779,997,466	10%