EMA on the 1d is about to cross over on bitstamp and btc-e. This hasn't happened in almost a month. Hodl your shotr. Confirmed: http://bitcoinwisdom.com/
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He´s lookin real nervous. I analyzed this video with a friend of mine who is a shrink. And we both came to the conclusion that he´s tryin to hide something bad, that he is already aware of, which obviously means that things in China are even worse than we thought they are. I´m a bit scared True, I noticed he first wanted to say more.. but then realized that if he said even more of the truth it would cause epic FUD. So, at the end of his sentence he realized what he was doing and suddenly cut off and swiftly changed topics. Notice on the other questions he is speaking far more neutral and relaxed, but not the one regarding China.
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They can't afford a few satoshis?
Bitcoin looks like a total scam to them.. trust me, I recently visited Kenya and asked a few middle class locals over there on their thoughts on bitcoin. I sincerely doubt that bitcoin will take off in the developing world even though it is supposedly designed to help them.
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$3 Its a bubble! $32 Its a bubble! $100 Its a bubble! $266 Its a bubble! $1200 Its a bubble!
I see a pattern.
You always had the opportunity to buy much cheaper coins after each bubble. This time will be no different.
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Bitcoin is currently in the ''return to normal/euphoria's last gasp'' phase.
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Chinese are gamblers, they will wait till the very last minute to see what happens. Many of them are feeling lucky, but when they see all those red candles for hours on end it will eventually cause them to panic sell.
Shotr bitcoin for sure.
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What has been confirmed regarding China from the Miami conference?
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1037 Gox Bux = 837 real USD
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Mt.Gox bankruptcy will be the big crash we have all been anticipating, not China.
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The price stays the same, but the market cap just keeps growing due to thousands of BTC being mined each day.
Miners are mostly hodlers.. even worse than the bubble noobs. If things keep up like this the market might get a major miner hoarding crash like in 2011.
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Price discovery from the recent hype is still ongoing.. From the looks of it, it still seems overpriced as good news barely moves the market anymore like it used to.
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I doubt there will be a sudden crash, instead there will be a boring weeks long downtrend to around 500.
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I doubt NYC Hearing is so important
It depends. If the policy direction gets clarified without much ambiguity, then it is. NYC is a major financial hub.
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Random guess:
NYC hearing negative = ~650 NYC hearing positive = ~1000
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Why do bitcointalk users always assume that bears are bitter or missed out on previous runs? Many of us actually bought in very low and are still way up in profit. Nevertheless, you can still be pessimistic about the BTC price for the near term (weeks/months).
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I guess it just means that there are some extremely bullish multi-millionaires out there...
Banksters and Uncle Sam can even manipulate huge markets like gold. Fooling around with bitcoin is peanuts to them.
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At what price will hodlers become No-longer-will-i-hodle ? 550$ 400$ 300$
No idea, but we will find out in a few days. It might even go to levels nobody will expect.
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Perhaps the powers that be want to create the illusion that the China deadline is trivial and prices will remain stable for the time being. Until the day actually comes they instigate an epic sell-off that will even make make the most permabull hodler shit his pants.
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There's still a lot of ''dumb money'' in bitcoin, which makes trading it relatively easy compared to traditional financial instruments. A lot of noobs trade on news, while all the big boys have TA strategies.
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