Why should we see epic rally? Wouldn't people be greedy and sell already at very lower price?
yes, they are greedy and hodl on for a higher price ... epic rally is greed and fomo |
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No, they don't.
The Chinese people are just too many so it appears that they are controlling it.
Of course, they share the same idea because they live in the same country.
So the movements of their people in the market are the same in majority.
currently around 80% of all Bitcoin is traded in Chinese Yuan. China has maintained more than 50% of the global Bitcoin market ever since of 2013, so we can say China is controlling bitcoin. holy crap thats scary! doesnt surprised though China basically owns the USA with all the debt thats owed and all the things we need from china You can all check whats written under your mouse, check if it says "Made in China" if it says so, then it is what it says it is. I just checked on the back of my bitcoins and it says the same "Made in China" ... f$!%! |
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well, market sometimes retests, but it certainly looks similar to 2013.
However, in 2013, markets recovered completely in 9-10 days.
We shall see what happens here.
This cycle is about 6 times longer than the previous cycle. So if it took 10 days in 2013, it would take up to two months in 2016. If history repeats though, we'd see an epic rise after that epic rise in september ... lines up with some other cycles out there that I've seen also. |
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segwit getting v. v. close to release ... fwiw.
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people also have to keep in mind that all this bullshit doesn't create real growth but nominal growth. wow some macro-economic discussion, analysis and healthy cynicism on this thread ... amaze me!!  when people realize its all bullshit and nominal growth is not real growth then money-printing (in all it's forms) stops working since the nominal (fake) growth is designed to fool people into thinking there is real growth and act on that falsehood to create the real growth ... it's a mirage designed to spook the herd into spending, working, etc, running on the hamster wheel faster |
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... that was the shakeout. Hit $465 at the bottom.
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So what is the new go-to platform, if you want to lever on btc, short or long?
BitMex looks like the next casino on the rise ... dyodd |
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Perhaps it's a sign of spending too much time here, but I'm starting to be able to identify NLC pretty quickly now. Each new sock tries to have something unique initially, but speech patterns and themes keep recurring.
hehehe, you noticed too? He rises to same bait as well, then you can pin his skinny govvy-shilling ass to the wall, every time. |
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i bet those HK kidz get it back to 604 for the finex re-opening, however briefly, then it's anyone's guess
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 wtf?! we're never seeing 420 again, those blazing days are over |
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Now this... This is premium petulance plus. Platinum!
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... too funny. In all seriousness, we have had some progress: MyBitcoin was an excel spreadsheet on some anonymous guys laptop Mt. Gox was a web based exchange written in PHP by some tubby french guy bouncing on a Swiss ball nursing a frappucino Bitfinex was web based exchange written in Ruby by some HK hedge fund wannabes ... continuing on this evolutionary arc next we'll have the new 'biggest' bitcoin Javascript-based exchange blow-up, then a java-based exchange, one day some real coders and security guys will decide to start an trustless, dark exchange because the financial shilly types, lawyers, regulator parasites and govvy agents have been run out of town with bigger problems (of the lamposts and nooses type)
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Wrong. But monkey is still leaning slightly bearish, with resistance at 605, support at 440, for the overnight.  |
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...and yeah, govvy shills are gonna try and pump regulated exchanges hard around about now ... like Lehman Brothers, Bear Stearns, Jon Corzine MF Global all regulated by CFTC ... lovely stuff, if they can;t trace you they'll hunt you down and rip you off using criminal tactics "whatever it takes" to enforce the monetary tyranny
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"To accommodate the relaunch, all withdrawals, open orders, and open funding offers will be canceled"   |
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Welcome to the next bear Market, brought to you by Mt. FinexShit.  ... which exchange are you short on?? ..and do you really expect to get some coins out before the inevitable? |
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