70% recovery in four hours not bad at all.
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1.8 is a fair price if the coin is in excellent condition and expected to grade at MS69. Sounds like you don't have time to get it graded, so some high resolution photos of the coin out of the holder would help assure buyers there are no blemishes. GLWS!
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bitcoin is funny.
you know it is going to climb so hard it makes you dizzy. you know it. then it happens and yet again and you get dizzy.
you know that between now and new ath there is a lot of gut wrenching corrections. you expect them. then they happen and you are yet again gut wrenched. a 20% daily gain turning into a loss is not the usual investors game.
guys like boblaw have gained and lost millions in the last 24h
I respect successful day traders who can scalp a living. Me, I prefer medium to long term trades lasting months to years. You will never be able to predict exact turning points, but identifying a trend and taking a position is not that hard. You just need a piece of the trend, don't get greedy. So far bitcoin has well rewarded the large majority of long term holders.
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So far this has not even corrected to the 50% Fib bull market intact IMO. We all know price went up too far too fast. We have seen this before and will see it again. Looking at the correction from a different perspective the dump was not even 23.6%.
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Ahem...we pierced 61.8 Fib retracement, next stop 78.6%. Not sure if to calculate from just the top ($19780) or from the prior move (1160 to 19780=18620 points). If the latter, then it is $15795; if the former, then $15547.
Proper Fibonacci retracement levels:
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I can confirm that I verify all of my confirmed sources.
Fuck! going short with leverage A wise man once told me never short a bull market buy the dips instead.
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I'm trying my hand at trading today. I seem to really really suck it it but you only live once. I sent the contents of my hot wallet (~0.08BTC) to binance and set a limit order for $12,950, BTC to USDT. I have a feeling we're going to see $13k sometime today, probably just for a blip and then suffer a small correction, maybe even below $11k.
Am I crazy or what?
Well the current high on Bitstamp is $12,936. During this run each time the high was taken out we were good for another advance. Your money your trade. You might leave some money on the table, may not. You can be sure at some point we will have a $1000 or more dump where you can buy back in.
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Watch the $13,346 area for a possible stall:
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Why take a chance to save a few days and dollars on shipping? Just buy direct from Trezor.
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Wasn't $11,700 supposed to be some sort of big resistance and THE major hump to get over?
Not no more.
$11,780 to $12000 then next major resistance level is the 61.8 Fib at $13346. $13,346 is the major hump IMO. What about 12288?? What TA did you use for 12288? Fibonacci extensions from the minor correction show we are a bit overextended now perhaps time for a pull back, but honey badger is on a tear.
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Wasn't $11,700 supposed to be some sort of big resistance and THE major hump to get over?
Not no more.
$11,780 to $12000 then next major resistance level is the 61.8 Fib at $13346. $13,346 is the major hump IMO.
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Symmetrical triangle forming. Usually the break out is in the direction of the existing trend but with bitcoin there are no guarantees: As expected price broke up from the triangle hope everyone bought the breakout. Price has stalled at the 50% Fibonacci retracement from last ATH to swing low. Next price target is the 61.8% retracement at $13346:
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well, there's a breakout of BNM's triangle already
I like to see a thirty minute green candle completely above the triangle to confirm the breakout.
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Symmetrical triangle forming. Usually the break out is in the direction of the existing trend but with bitcoin there are no guarantees:
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The sales seem to come in waves. You might not see any more for a while. I would bid more for a 2011 Series 2 than a 2012 Series 2 one BTC as Ahonen notes the 2011 Series 2 is more rare.
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Looks like it. You auctioned a 2013 Casascius 1 BTC MS65 Series 2 for 1.2 so this was a bargain. A Casascius Series 2 2012 Brass 1.0BTC MS65 went for 1.4 here. Also a Casascius 2011 1BTC Series 2 ICG MS68 sold for 1.28 from @coblee last month. Congrats @dazedfool!
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IMO raffles like lotteries are not for me. Just auction the coin. No way would I throw away 0.10 on a raffle ticket. That's a sucker bet.
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Hmm.. missed that, is it the latest version, I just want something I can throw around and actually read that's up to date. Thanks! Yep but this is one of the more rare revised editions with the error pages, which is what you want. Also has the premium colour prints, better resolution. Buy it before someone else does:)
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