I don't think the bear market in the crypto space has started yet. In my opinion, the recent decline is normal. The decline in bitcoin price in each market is not that far away, so there is still a chance to continue rising to reach $ 30K in 2021 2020.
ftfy imo There's a very good chance of reaching $300k in 2021. |
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Good morning Bitcoinland. Happy Boxing Day. The rally continues... currently $25790USD/$33200CAD (Bitcoinaverage). Go Bitcoin go. Just about got to 2600(0) today and that's a good nostalgic number to be proud of if your a kid from the 80's.   Just about got to 2600(0) today and that's a good nostalgic number to be proud of if you're a phreaker from the '60's.   |
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How pleasant.
Got home from a nice family Xmas dinner to see we broke $25k at Stamp while it was still Xmas day in my time zone.
Outstanding.
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Merry Christmas y'all! Bitflyer/
BitStamp USD/BTC CoinFloor GBP/BTC Kraken EUR/BTC Kraken CAD/BTC CoinCheck JPY/BTC
------------------------ ----------------------- ----------------------- ----------------------- --------------------------
1 2020-12-25 24,133 | 1 2020-12-25 17,906 | 1 2020-12-25 19,895 | 1 2020-12-25 31,208 | 1 2020-12-25 2,491,355
2 2020-12-20 23,607 | 2 2020-12-20 17,562 | 2 2020-12-23 19,272 | 2 2020-12-23 30,309 | 2 2020-12-20 2,436,447
3 2020-12-19 23,490 | 3 2020-12-19 17,469 | 3 2020-12-20 19,248 | 3 2020-12-22 30,012 | 3 2020-12-23 2,428,693
4 2020-12-23 23,488 | 4 2020-12-23 17,419 | 4 2020-12-19 19,138 | 4 2020-12-24 30,005 | 4 2020-12-19 2,424,344
5 2020-12-24 23,206 | 5 2020-12-22 17,309 | 5 2020-12-24 19,081 | 5 2020-12-19 29,746 | 5 2020-12-24 2,403,093
6 2020-12-22 23,142 | 6 2020-12-21 17,161 | 6 2020-12-22 18,949 | 6 2020-12-20 29,598 | 6 2020-12-21 2,391,696
7 2020-12-21 23,029 | 7 2020-12-24 17,156 | 7 2020-12-21 18,840 | 7 2020-12-21 29,464 | 7 2020-12-22 2,390,047
8 2020-12-18 22,874 | 8 2020-12-18 16,874 | 8 2020-12-18 18,645 | 8 2020-12-18 29,153 | 8 2020-12-18 2,366,754
9 2020-12-17 22,781 | 9 2020-12-17 16,733 | 9 2020-12-17 18,611 | 9 2020-12-17 28,750 | 9 2020-12-17 2,336,760
10 2020-12-16 20,395 | 10 2020-12-16 15,144 | 10 2020-12-16 16,772 | 10 2020-12-16 26,227 | 10 2017-12-17 2,208,232
Back in the saddle again. A merry Xmas indeed. |
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on finex there was a $2k drop all the way down to $22800.
LOL That's why we use Stamp and ignore Finex etc. Stamp isn't polluted with leveraged margin trading. Just honest buying and selling. |
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Oh noes! Is Bitcoin dead?  |
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i was expecting the market to dip even more because of the holidays and people may like to sell some of their bags to celebrate the festive period but it seems the reverse is the case here, see btc is pumping high as i make my post, over 24k at the moment and by January 2021 who knows what price we will be looking at.
This year the rally is based on institutional long-term investment, not retail trading/gambling. Institutional investors don't sell... especially not to "celebrate the festive period". |
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Ahh yes. That old Christmas bear...  Merry Xmas. Happy ATH. |
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Merry Xmas Bitcoinland.  A nice little Xmas ATH I see... currently $24420USD/$31430CAD (Bitcoinaverage) with an ATH of $24662 (Stamp). Still lots of time to reach $25k on the 25th. Go Bitcoin go. Ho ho ho. |
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He's just some "reality" TV doofus. Pay no heed. |
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Happy xmas.
Barely over an hour until Xmas. Just had a nice street corner Xmas eve with the hardcore of our neighborhood. Our local Tibetan bar stayed open for take-out despite the heavy-duty Covid lockdown. The beers flowed, the rounds of shots were many, tributes were offered to our departed comrades, and community togetherness prevailed. We shivered in the cold but warmed ourselves with the Xmas spirit. We wore masks, and socially distanced. Cops drove by, smiled and nodded. Xmas day is for family but Xmas Eve is for partying with friends. We got home, had a dinner of leftovers, and then started brining our fresh turkey and put on the stockpot for tomorrow's dinner. Still have to make the fresh cranberry sauce from scratch and garnish it with Cointreau. Still time to wrap the various bottles of single malt for my brother and his kids and stuff candy into the handmade Xmas pinatas for the grandnephews.. one Santa Claus and one snowman. Christmas isn't about buying a bunch of shitty overpriced advertised consumer gifts. It's about friends, family, food, song and community. We don't need no stinking churches. No job, wage, debt, or consumerism slavery. Xmas is a special time. All we need is each other. Thank you Bitcoin. Merry Xmas all. |
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Good morning Bitcoinland and happy Xmas Eve. Only one more day to try to reach $25k by Xmas.
Instead we're spinning our wheels in the $23xxx range barely poking at $24k... currently $23276USD/$29867CAD (Bitcoinaverage).
At least they're calling for a white Xmas tomorrow here in Toronto. Maybe we'll get lucky with a nice $2k green candle as a Xmas present.
Go Bitcoin go.
___
P.S. Fuck Ripple.
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I am very happy to see XRP Ripple getting sued by the SEC and going to crap. It was basically a closed system owned by a few people used to milk money out of everyone.
I hope everyone sells off their XRP and the entire 10 billion goes down the slide into history. This will also set a precedent to any private businesses not to try and create a 'currency' which they own all of it as it starts off and try to sell it and milk money out of it.
I'm sure people like you will prefer DeFi projects over XRP, you know what? I will sacrifice every other DeFi projects for XRP, if XRP is what you said it is I wonder what keep the project alive for many years now, many new projects can't even deliver the half success that XRP have delivered in the past years, why the hate? Defi? Ripple? All crap. Pre-mined, corporate, centralized, unlimited supply garbage. Anyone gambling their money on that trash instead investing in real Bitcoin deserves their poverty. |
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The rally has barely begun.
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It was a correction, one of many.
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It seems what happened last 2017 when Bitcoin topped around $19,000 is happening again this time. Peaked in the month of December is starting to decline again. But this time is different, no abrupt dumps or pumps compare before. I can say this time is more healthy price action.
The total market cap still not showing any bearish sign. Observing the total crypto market cap may also a good idea and way to identify the bull/bear market. So far, so good for me.
What's happening now has absolutely no comparison to December 2017. It's comparable to what happened in December 2016 and January 2017. The price rose through the autumn until it broke the previous ATH then corrected for a while before the really big rally almost a year later. The bear market won't happen until late next year or early 2022. |
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It took us just a few posts to end up @ "But muh <fav-alt>".
Disclaimer. I too have a fav-alt, lol.
Not all altcoins are total corporate crap. How about the original altcoin, Litecoin? Decentralization, limited supply, peer-to-peer networking, proof of work, and total lack of any company or other organization, no pre-mining? Yep. No problem. It's still not Bitcoin though. Ethereum? Halfway there. It may not be totally corporate, but it is premined and unlimited and when it goes from POW to POS it becomes a complete POS. |
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Only 3 more pesky little JPY to boot out of the top 10.
All top 3. Go Bitcoin go.
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Actually i am loving this dump. This is the BEST case scenario. Ripple is the pin that slaughters the alts. A few alt projects will survive. ANY of them that look even a little like a security are gonna get killed.
Bitcoin basically holds. Dominance goes wild.
Edit.. Wow.. the more I look at this the more beautiful it is.
Ripple another coin not backed by mining gear. Did well right? Didn't want to double post. Bitcoin is Bitcoin. Altcoins are altcoins. Ripple is corporate crap. |
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