All those but the troll turned bull who were shorting got wiped out already.
I made a petition thread once to have NLC's permaban lifted. It got nuked. I don't care what any of you say (or what I may say in the future), the troll as you call him might be one of the sharpest tools in this shed. Edit: he's still kind of a tool, tho. Who...? To da moon No one minds someone they can ignore. When you cannot ignore them because they create hundreds of newbie usernames and start posting naked pictures of homeless people or making child porn references then enough is enough. It was obvious the troll was a bull anyway. Like all the doomers on here.
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All those but the troll turned bull who were shorting got wiped out already.
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Bid side looking a bit weak. I have to say the price looks like it wants to explode again..
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So you did sell them for 10$ and the best retort you can muster is a post where i bought a couple of coins from 2013? Ha!
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Kwukduck: Aren't you that guy who sold his coins for $10?
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Seriously, you guys are still counting BTC/CNY volume on Huobi and OKCoin? Get a clue.
Thinking is kinda what we do here now. Old-timer. Calling me 'old timer' only adds to my point here. Nearly two years ago I left, when all of this Chinese bs was going on, and when I came back I expected was ample time for the Chinese to be completely capitulated and out of the market, and that that fake CNY volume would be completely debunked. In fact it is well known that the CNY volume is fake and it was even way back then. Coindesk doesn't even include those exchanges in it's calculation. USD and adoption are supposed to be running the show now, but here we still have jokers talking about how 'the imaginary chinese whale dumped his 80,000btc/cny on Huobi'. Except that it's not USD and adoption running the show, if it were so then price would be sub 200$. The largely fake Chinese volume, with apparently Huobi leading, is driving the price. At what point do you realise that the market is right and it is you that is wrong?
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... Tzupy,
Curious, why are you bearish?
Because I believe this has run out of steam, and a correction (amplitude unknown) is due, but for now the little triangle broke up. There is a bearish divergence in MACD in 1h and 2h, and soon the 6h PSAR (and then 12h) may flip to bearish. Without the little pump that corrected lower than the start point, we would have an hour or two till the correction. With the little pump, if there's going to be a correction, it will happen again while I'm asleep (I hope not). Not sure how you can hope to be a good trader when you always pick one side of the trade by default. The price is the price and sometimes a quick glance at the chart tells you all you need to know - the line points up..
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Hash rate is skyrocking Intel started to mine bitcoins or what? Intellectual individuals. Hardly. The intellectual miners, chip manufacturers aside, started in 2009 and stopped somewhere in late 2014/early 2015 if not earlier. Bitcoin mining has been a game for idiots since coming of ASICs. The initial idea of PoW mining was to distribute control over the network, so that everyone could get their part with hardware that they already own. Things started to go downhill with GPU mining, but coming of ASICs turned this thing into a total mess. Control isn't shared anymore, but control is chased by a bunch greedy idiots, who waste resources to build machinery, that are solving problems that don't have to exist anyway. And the solution is Piece Of Shit mining? That only works for shitcoins. I've always observed trolls with curiosity. Do you do anything but bitterly whine?
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There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Tell that to the buyers at $1100 Nov/13. ... and the buyers at $266 April/13, and the buyers at $32 June/11 ... your point is ?? My point is don't count on others joining in when the price is really high. This theory has merit, until it doesn't. noone knows what "high" is, relatively speaking, since the potential pool of buying funds is overwhelmingly massive and the supply of coins is limited and fickle sellers could dry up supply in an instant .... c'est la bitcoin, place your bets, don't whine if you get stopped out, left out or scammed, dyodd. You certainly can tell if a price is high, by looking at the price chart. When bitcoin rose 10x in one month and 100x from the beginning of that year, THAT WAS A FUCKING HIGH PRICE! you're still locked in a get-rich-quick mindset ... on linear scale $32 june/11 and $266 April/13 also looked F#$*& high prices! but on log scale are just blips on the great arc of bitcoin taking over networked global trade and commerce settlement ... it's all relative to time and price. looking back down from $32,000 it will look like a bargain to get coinz at $1,100, but it might take a while. If you are here to whine about getting stopped out at $200, $300, $400 or whatever and complain about people killing themselves over digital bits because they didn't get rich fast enough don't expect any sympathy. After all it is only money, you can't take it with you when you die and if you're an unhappy whinging poor bastard you'll most likely also be an unhappy whinging rich bastard (even if you did get-rich-quick). Who's complaining? i didn't buy bitcoin at $1k+, I'm talking about those who did. And yes, buying at the top at $1100 or $32 or $288 is really stupid, no matter how you want to justify it with long range charts. Saying that, buying now isn't stupid at all, we aren't even 2x the avg price of the year. Knowing how stupid bitcoin buyers from the past pumps can be, this rise is nothing. Be sure to let us all know when the next top is in..
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I was honestly surprised that the alleged identification of 'Satoshi' did not cause a significant price drop
Can you explain your thought process why it would? The same mechanism as satoshi's early coins moving - the unfounded fear of a large market sell would push weak traders to immediately sell their coins.
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So, is the crash near?
even at 400 we are a long way up from where you jumped off the train..
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it has a certain beauty to it... fake pump its going to crash, bulltrap Some people never learn.
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Anyone who is in a position of power on another forum fancy having ChartBuddy post there? I'm about done with Theymos' nonsense.
What happened? More shit and shenanigans over on Reddit. Come to the bitco.in/forum .. There is even a wall observer thread
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What I think is going on is that you sold your coins at $10..
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1. OP sells the last dip. 2. Price jumps to 400. 3. Time for a doomer thread!
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Hey aren't you that guy who sold his coins for 10$?
LOL
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I bought. Don't worry the crash can now resume.
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I was planning to buy another 5 btc or so with this months paycheque. Obviously bitcoin will rise before I get the chance!
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