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you bulls will never learn  enjoy this brief period in triple digits while it lasts |
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Solex you are Bull? If you could buy $90 BTC right now by playing into an established downward trend would you?
(Hint: your answer is also the Market's answer)
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There may (read: will) be more bubbles. But if BTC crashes from the 1000s I think it will be hard-pressed to see 100 again. I think an investment now is fairly safe, and with the potential for growth I think the risk is definitely merited. A catastrophic shortcoming in BTCs framework is really the only thing that scares me now. Even a government ban could not destroy BTC (though it would certainly damage it).
I think also as more investors jump on board we are going to see a push towards less speculation. Especially if there is another crash people should realize that the long-term vitality of BTC depends on its institutionalization. Once we get out of this sort of "golden period" of cheap BTC investors are going to turn their attention away from accumulating cheap BTC to protecting that investment. I think this recent news that the CFTC is thinking about regulating BTC could help a lot with that.
As they said "it's not Monopoly money". I think that is a really telling statement right there. It's a nice silent nod towards the legitimacy and potential of BTC.
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I'm sure people will start referencing their BTC to fiat once the price begins to surge. I'ts just a wild dream now, but when BTC is 6 figures the urge will be hard to curb  |
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wtf is this 113 wall doing here. Someone wants the price down... And here I was thinking we'd hit 95.
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By my estimation we have not left the consolidation pattern. I do not see why we would break 95 as this would be a reversal of the pattern.
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Someone placing a whole lot of .01 buy orders
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At least its cool looking.
What if it was a proper 3D image and you could wear the red/green glasses and make it pop? |
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Next time you wish to panic sell please PM me first and I will buy all of your coins at a nice round number  Hope to avoid it. Learning curve is learning curve. I don't have any prior experience trading. Looking at everything a a lesson.  |
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Holy shit that was a crazy ride. Bought at 103 seconds before it jumped to 111. Don't know what to think now. Still think sub 100s after this thing runs its course.
Sell for 109 wait a couple hours and buy back for 95 unloaded half at 110. The rest went for 107. Was kind of panicking  (I only started trading bitcoins 4 days ago!) |
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Holy shit that was a crazy ride. Bought at 103 seconds before it jumped to 111. Don't know what to think now. Still think sub 100s after this thing runs its course.
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approaching 105 wall, GG bulls
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120-106 in 4 hours.
Microscopic.
pick one.
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I love sitting on the sidelines with my bitcoins just watching the madness. The debating, the speculation, the sob stories and the cheers. So glad I'm not fighting the market right now.
Fighting the market. What do you call this?  |
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It seems this downward plunge is losing steam rapidly now. I doubt we will see the 106 wall threatened any time soon - unless someone with plenty of BTC wants to prove me wrong I expect 110 to be the new level ground for a while. Maybe it's worth buying in now. The only thing that's lost steam is this upswing |
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Given this stop at $106, could be a triangle developing centered on $108 ?
If so I say triangle is bear |
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Looks like 106 withstood a second assault. Can we push through? (yes)
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You realize that Bitcoin has always been extremely volatile?
But do the Chinese realize? |
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Ah, thank you. This thread can die in peace now |
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