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The popping of bubbles is well documented throughout history and the charts all look pretty similar...
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Yes I got a stake of nem which cost nothing and cashed out around $300,000 of it... Technically an infinite percent gain.
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I believe the bubble has burst and have cashed out 30% of my remaining altcoin holdings earlier this morning when Gemini was giving nicer prices than the other exchanges. Time will tell if I'm right. Even if I'm not, there will be future opportunities regardless of market cap.. I don't feel like I missing out, but rather making a responsible move based on the technicals.. going from $20B to $100B in a couple of months.. everyone likes to think "this time it's different" but I have yet to run into such a circumstance where it actually was different. I saw this coming a couple of days prior and didn't cash out like I should have.... we broke through the uptrend and that's it... the lower line is now resistance from where we should see a dead cat bounce, and then further plunging. The whales were very close to keeping the bull run going but couldn't muster it after the 4th time testing the previous top. Now we will "fill in the gap" as they call it. There's simply nothing at all bullish about the current chart.  |
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The bubble has burst. I'm gradually selling what I can. Gemini BTC price was higher than the rest by a good $125 earlier so I took advantage of it. Plus GDAX isn't working for me. I still have some NEM, Ardor, PASC, Ark
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the bubble has burst. I'm selling out as fast as the exchanges allow me. Right now GDAX is not working, so I'm using Gemini.
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I don't answer hypothetical questions which will never, EVER happen, and this one qualifies.
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We've technically broken the uptrend. I'm curious how it will play out now. Technical analysis is not perfect but unless we get a pump in the next 12 hours, months of consolidation at lower market caps may be at hand... People say "its different this time" but I've heard that before....
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We'll know in the next 48 hours... where the red and green lines meet is where the decision is made whether the bubble bursts or we surge up to $150B market cap. On the plus side, if we do happen to go up, we will SURGE to the top of that top red line.. around $135B very quickly. We have an inverse head shoulders which is bullish but are not making higher highs, but we have hit a quadruple top now, so literally flip a coin. Technical analysis is great in hindsight but it's far from perfect in predicting the future.  btc is recovering, not sure if we will surge or not. Im praying for a surge in total market cap as it will do all coins a favor not just Bitcoin. However... basing it on other factors as well as technical analysis I would have to say that it will be a steep plunge. Hold on to your horses cuz its gonna get wild and DONT PANICK SELL!! Still holding in there. One way or the other a big move up or down should occur within a few days. I thought I was going to wake up this morning and see it under $100B. Lol. Unfortunately I think it will be down, too... But I'm not right anywhere close to 100% of the time. Normally if it was going to tank it would have done it by now, though. |
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Pascal is my current favorite. I believe it could take on the big boys down the road. Block chain trim is a big deal. Others that could be a long term buy...
Ardor, VIA, Bitbay, Shift, xtrabytes, Ark
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We'll know in the next 48 hours... where the red and green lines meet is where the decision is made whether the bubble bursts or we surge up to $150B market cap. On the plus side, if we do happen to go up, we will SURGE to the top of that top red line.. around $135B very quickly. We have an inverse head shoulders which is bullish but are not making higher highs, but we have hit a quadruple top now, so literally flip a coin. Technical analysis is great in hindsight but it's far from perfect in predicting the future. |
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I do like VIA.. segwit, lightning network, active developer working on other improvements. Read up on it.
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Gotta use 2 factor authentication right from the start. Hope you get your money back! Track the hackers down and put a knife in their abdomen. Scammers who steal other's money should all be put down. The problem with society today is no real consequences for being a crook.. but I'll leave that discussion for another thread.  |
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Xtrabytes
Ardor
Pascal Coin
VIA
Ark
Bitbay
Shift
NEM
Blackcoin
Bitsend
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If we can get to $120B, we should hit $150B... If we stagnate right here and crash, that's likely it for this recent run.
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There's a reasonable sell wall in place on the road to 100,000 sats.. of course half of them could be bots that move their sell orders but nonetheless it could be an uphill battle to make big gains from here. Of course we all know market depth is not a super reliable way to gauge supply and demand.
Chart looks good. Suggests we'll test the old high.
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I'm going to make one called "shitcoin" .. the unofficial crypto currency of the bristol stool scale.
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