It looks like we have to break -1.75 to be sure we've left the bear market and are in a new bull market.
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Arise chikun, arise!
Bitcoin looking good too.
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Talk like this from murad is what irks others: 11/ Inb4 "the bottom is in". It's not. 2:43 PM - 3 Feb 2019
He's clearly a coward then, just like Tone Vays and other so-called "Crypto Gurus". Because actually calling a bottom puts one's reputation WAY more on the line than saying "the bottom is NOT in". For the latter, there is no repercussion to one's rep for being wrong because your followers didn't really lose anything for taking your advice. This is why I despise all these type of guys. They are all snake oil selling phonies who truly have no clue. Exactly. He is clearly a phony, a pretend "bitcoin maximalist", same as the other guy. Do I know that the bottom is in? No, but he is just an irritant since apart from his 'chartology', there is NOTHING that predicts what he is saying. Murad is a maximalist lite, his other coin he holds in decred, lol.
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In any case I hate to say I told you so, but I sold all my Bitcoin for Monero over this issue with the bulk of the sales completed well over 3 years ago.
I still have some as a hedge, though I was seriously considering dumping them but couldn't pull the trigger back then. I remember when saddam did a similar thing too. So what are your thoughts, will bitcoin get taken over by another coin (monero, bcash?, etc), or the thinking is monero will out preform bitcoin from here on out?
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Talk like this from murad is what irks others: 11/ Inb4 "the bottom is in". It's not. 2:43 PM - 3 Feb 2019
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He could have sold it OTC with the buyer dumping them. We don't know exactly but the way Kobyiashi has handled it thus far, I wouldn't be surprised. And we're still dealing with mt gox in 2019, sheesh!
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It's hard to say but $6,000 could've been the bottom if it wasn't for Kobyashi dumping the GOX coins on the open market as opposed to doing it OTC through Kraken and the hash wars.
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The exchange holds roughly 26,500 bitcoin ($92.3 million USD), 11,000 bitcoin cash ($1.3 million), 11,000 bitcoin cash SV ($707,000), 35,000 bitcoin gold ($352,000), nearly 200,000 litecoin ($6.5 million) and about 430,000 ether ($46 million), totaling $147 million, according to the affidavit.
Bullish.
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We're due for a rip your face off rally.
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Before going back up, almost always go down to find the bottom and start climbing. But it's Bitcoin, everything can happen. How do you know we haven’t seen the bottom already? The next ATH is far away. Most of us are willing to wait a number of years The low of ~$3,100 would be a draw down of 84%, peak to trough, assuming the low is already in.
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CBOE, VanEck & SolidX didn't waste any time filing a new & improved bitcoin ETF proposal. The timeline for the SEC's decision won't be set until the proposal is published in the Federal Register, but assuming that happens soon, we're looking at a final deadline in early October. https://twitter.com/jchervinsky/status/1091094685177860098
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