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If it fails like $300 failed in nov '15, or how $500 failed in aug '16, then I'm good to go.
$780 looks like strong support, the crazy panic selling didn't manage to take it down even though price went below it shortly.
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It's the particularity of corrective waves. Vicious and fast moves in a counter-trend direction.
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What a pump and dump shit show. I hope nobody did anything stupid like buy more bitcoins.  How silly of us. Surely this is going to $0. |
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Damn, this drop don't look good at all. And a double top aswell...  What double top? China has broken the ATH by a mile, and they are the drivers of this market. |
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Hmm, this isn't looking as bearish as I'd like... Maybe the Chinese will pull an extension?
What about the BFX shorters' prisoner dilemma? There's 16k of them and only 6k in total asks. |
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BFX shorts won't budge. Still 14.5k @ $1000 = $14.5mm.
There's not that many bitcoins in asks on the entire order book.
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What better start to 2017 than getting those 15k BFX red shorts margin called into fireworks?
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Putting down the porn. Hm. Look at that....
:popcorn: ready |
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Wow, buy side has collapsed on finex. This will be interesting!
The walls are frequently put up in the opposite direction to the way the price will move. Stepped sell walls on finex could be a signal the price is going up. I'd be more worried for the 14.5k BTC in red shorts. ATH shorts in $ terms and I think the worst ever ratio to the longs ($21mm). |
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Yep..... I f*cked up... can't believe I bought coinz in $900s, what a noob... money down the drain WHY CANT BITCOIN JUST GO TO $10,000 SO I CAN BE RICH  Just relax, maybe go outside and smell the roses (pretty hard if it's winter, but then you can always make a snowman). Things are only picking up steam. Wish I had some worthless fiat just about now. :popcorn: |
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Yep, wanted to give you credit for that call. Good job, especially if you bought the spike.
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Good call, yet again.
Any update for XMR? I'm expecting .007 and maybe even .004.
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This asshole Andreas Antonopoulos says he has only 1% of his wealth in BTC!!! Fuck u Andreas Antonopoulos !!! Well, I just happen to have watched the video last night and I perfectly recall him saying he's all in bitcoin. Try harder  |
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It's not a prediction, just a possible outcome which didn't come to fruition. For me it had been far fetched even from the beginning, so I didn't really take it into account.
If you check the charts that I have posted earlier, you will notice I'm considerably more bullish than that, but I also believe there's a chance that the market turns bearish sometimes in the near future.
Nah, sorry.. I went to your profile, last posts.. sadly didn't see any charts (..and I love charts). Did you maybe just think you posted them? Or posted them only to tradeview? If you could find it in your heart to post them.. you'd make this chart ogler very happy!  Just had to check the previous page https://bitcointalk.org/index.php?topic=274613.msg16927421#msg16927421 |
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In my opinion, BTC-e is the most balanced exchange; never overextends on the panic dumps (usually indicating a real bottom to the other exchanges), never overextends on the rallies either (on the $500 spike it stopped at $459, only to make higher highs in the following days), and I find it very bullish that it is btc-e who managed to make HHs on this rally, alongside china.
We shall soon see, I guess.
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It's not a prediction, just a possible outcome which didn't come to fruition. For me it had been far fetched even from the beginning, so I didn't really take it into account.
If you check the charts that I have posted earlier, you will notice I'm considerably more bullish than that, but I also believe there's a chance that the market turns bearish sometimes in the near future.
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Giant triangle is dead. China says is dead, btc-e says it's dead. It's dead.
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