In May, they were saying the same thing about how the price had touched $470 on 6 occasions over 5 months so supposedly it wouldn't pass.
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I dont get the people saying that the rally is due to world events and Bitcoin supposedly being a haven asset. All of the other haven assets such as gold are FALLING so it's not that. It's more likely due to Bitcoin specific events like Segwit and Lightning Network.
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Shorting is always bad. You should trade altcoins instead and get much bigger reward with less risk.
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No targets. I'm just showing that lots of traders are going to playing a support roughly in the vicinity of 650 and you might want to watch out if that fails.
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Can you please show me where there is a crash? We are down 0.25% for the day, down 0.75% for the week, up 10% for the month, and up 200% for the year.
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Donald Trump has stolen Bitcoin's thunder as the solution to centrism, corruption, a threatened dollar, impending wars, collapsing markets, burdensome regulations, and high taxes. He is going to make fiat great again.
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What makes you think China will like Bitcoin?
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Anything USEFUL about bitcoin mostly comes from the United States like developers, entrepreneurs, users, and business infrastructure. The only things coming from China are daytraders, crazy fake exchanges, and massive asic mining farms that we don't need. Things like Brexit and Cyprus effecting the price is a myth from traders. What's going on in the US is much more important in the long run and the US is the only world superpower that supports bitcoin
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The United States contains the majority of Bitcoin entrepreneurs, Bitcoin developers, and Bitcoin users. The language spoken in Bitcoin development is US English. The United States government is also the most capable of doing something technical to stop Bitcoin (or possibly China). In addition, when the U.S. sets laws, it acts as a precedent for the rest of the world, or gets carried over in treaties. There are three world superpowers and the other two already do not like Bitcoin.
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Rule of thumb: If you ask Bitcointalk how any given outcome of any given situation affects Bitcoin, it is immensely positive and to da moon.
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Bitcoin is mostly about the United states
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Trump is anti tech and pro surveillance/police state. It doesnt look good.
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On the surface, it may appear that Trump will have a positive effect on Bitcoin, for instance if people use it s a haven or to make remittances to Mexico.
However, later on Trump may be very bad for Bitcoin. Trump is known to be anti Silicon Valley and anti privacy, and pro surveillance. He might do something like ban encryption or make computer manufacturers install surveillance hardware and crypto chips. He might appoint a special team of the world's top mathematicians and security researchers to lead the 'war on crypto and terror' as if it were Enigma.
All of Bitcoin's history of 8 prosperous years have been under Obama and liberal democrats. Think about it.
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It's funny how even how even at $11, which is 1.5% of today's price, the FIAT VALUE of that wall totally dominates any of the walls today.
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This thread lost its meaning a long time ago. The last real wall was seen some time in late 2014.
Walls still there and increasing 5000btc to $600 on bitstamp https://bitcoinity.org/markets/bitstamp/USDMore exchanges, so smaller walls as buy/sell options is spread out over various exchnages I don't think you know what a wall is. You can't just point at half of the entire order book of unrelated small orders and call that a wall. A wall is a single vertical piece of the order book. For example one single order for 5,000-30,000 coins or a few very close orders for 5,000 coins each. You saw this frequently on gox. Occasionally they would stack like 50 orders for 500 btc each that were all 10 cents apart, as if anyone was fooled by that.
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This thread lost its meaning a long time ago. The last real wall was seen some time in late 2014.
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Coinbase is always leading because they factor trading and deposit/withdrawal fees as a premium into this all-inclusive price.
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