There are 7.1B people in the world. The number of people that will actually be able to acquire a whole BTC is staggeringly miniscule.
So get them now while you still can, hold them for years, and you'll be the new 1% -ers of the future.
This is what get's me up each morning
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Looks like we will break and go to $355 or something next few days.
Really? Possibly, as I said for who wants to go long, wait for a bigger retrace. If we break below 355 we can safely call it that there will be no bull run in November and I'll be shorting again.
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You need to post your projection on how many bitcoins you need to have to be a millionaire (in bitcoin $ value) by 2017 and 2020. My prediction (based on the best fitting model I've seen is): End of 2017- ~$362,000/BTC END of 2020 in this case theoretically produces $3,300,000/BTC, which is a bit too much, therefore even the best model is unlikely to be exactly correct, but these are the numbers. model: https://bitcointalk.org/index.php?topic=470453.0If this crazy ass prediction is anywhere close to being right, even in 2025 my wife will be so glad she married a nerd. She can't stand it when I talk about bitcoin now... lol
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It is de-happening ---365
The re-happening should be just around the corner
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This is becoming a fairly large red candle. But, its also one of the most unresisted falls I've seen happen in awhile.
China is usually a rollercoaster with occasional dives... this is more like a slide. And its doing it all without fake volume bots running.
BTC-e leading the train down right now. 361.2
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I'm still quite a bit down on my overall investment.
Good one! Bit!
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the actual rise of the bubble happens in a markedly opposite manner: quick and violent.
What's the reasoning behind this? Other than it's the history of bubbles. Why does it explode as opposed to steady increase? All of a sudden demand increases 1000x and everyone buys at the same time, seems kind of remote? Is it just crazed excitement?
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lol everytime the price goes up $10 everyone goes crazy!
There was a time when the price going up $10 meant doubling the value of your bitcoins!!
I'm not screaming moon yet, but price has increased over 20% in 7 days homie
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i think it will reach 400$ before this week ends
That's a very safe bet... Let's up the stakes, $400 before Wednesday?
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November will be a bull month, I'm pretty sure about that and possibly December too. I don't think there will be a crazy rally like last year though
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Easier said than done when you have a ton of mone invested in BTC tho..
I dont even own one so im relaxed while holding what i have.
Well keep buying while the price is still low. When I started a year ago $100 bucks barley got me 0.1 BTC. Now you can get 0.3 for $100
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4h and 15min MACD suggest a dump is coming. It may however just test short term support.
Bulls are just taking a breath after all those green candles in a row. We should be back on our bullish track in ~5 hours based on the trend lines and TA I have. If we do dump like the indicators are leaning then we can call off any chance of November being a bull month. The next few hours are critical!
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Re: short squeezing...
Is there anyway to tell that if current buys are in result of shorts closing their positions? Or is it all speculation?
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The 3D RSI on stamp has double bottomed. It fell below 30 in Sept and then again in Oct and now we are rising. This has NEVER happened before with BTC. Rising double bottom in RSI is a fairly reliable buy signal (given a reasonably healthy market). Using a backtest database of 50 stocks (137,500 bars) diversified across industries, beta, net return, and capitalization, the backtest gives the following results: Percent profitable: 77.0% Ratio avg win/avg loss: 1.23 Risk adjusted ann. return: 24.63% Profit factor: 4.12 Total number of trades: 217 Number winning trades: 167 Number losing trades: 50 https://www.amibroker.com/library/detail.php?id=220 Where is this double bottom RSI? Can you post a picture?
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10k by next week, when the ETF launches. 100k by Christmas.
can't stop laughing at that GIF... does that make me a bad person? Yes, poor kitty
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The 3D RSI on stamp has double bottomed. It fell below 30 in Sept and then again in Oct and now we are rising. This has NEVER happened before with BTC. Rising double bottom in RSI is a fairly reliable buy signal (given a reasonably healthy market). Using a backtest database of 50 stocks (137,500 bars) diversified across industries, beta, net return, and capitalization, the backtest gives the following results: Percent profitable: 77.0% Ratio avg win/avg loss: 1.23 Risk adjusted ann. return: 24.63% Profit factor: 4.12 Total number of trades: 217 Number winning trades: 167 Number losing trades: 50 https://www.amibroker.com/library/detail.php?id=220
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That 3D MACD is going to flip right back down to red if there isn't some steady growth in the next few days
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My guess would be finex since they reward limit orders with lower fees, and punish market orders with higher fees. This adds liquidity to their books. Stamp adds liquidity by charging less fees to whale traders, which there are few of..
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Wow, these results are amazing to look back on. In January I would have said $5,000+. Today I'm saying $500+.
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Clarity on regulation from US gov't. Resolution on the bitlicense will be a good start.
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