I am thinking for myself, I just wondered what other people think.
Bitcoin is either great value and imminently about to moon. Or it could go to zero. Place your bets accordingly!
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I'm waiting for BTC to crash to less than $50 so I can buy back in!
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It's gonna bounce extremely hard when we find our low, till then expect crashes to continue. A week or little more if it continues like this btc will be below 200. I guess the first miners are switching off now.
So you are predicting a 40% drop in the next week or so, after a 70% decline from the ATH? Good luck!
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Slightly poor taste given a pilot died in the crash today.
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By that token, Japan's debt is through the roof for several years already. Have they fled to gold? Did they stockpile food and supplies in major amounts per household? No.
So, I don't think this will change anything. Look at Cyprus, Argentina, Greece - you name them. How high is bitcoin adoption there? Is it "huge"?
Bitcoin is unknown in most of the world - for now. It is pretty obvious there will be a flight of yen for other assets at some stage. These things have a habit of happening all of a sudden. Gold is a poor example of a commodity to invest in as the paper traded price bears no relation whatsoever to actual supply and demand in the real world. Bitcoin on the other hand...
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What people overlook is that a price fall from $400 to $200 requires as much doom, gloom, hate, FUD, despair, bear-mania, as the entire fall from $800 to $400. Unless there is a breakdown of the Bitcoin protocol, it becomes exponentially harder for the price to collapse downward. There is a floor, and maybe $275 was it, and $333 the lowest retrace.
Excellent point. But they don't overlook it, they just choose to present the doomer book talking view instead
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Methinks we crash below $200 within 8 hours.
Lol bull shit Methinks he is caught short...
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Soon those idiots will come and dump to take their 50$ profit. Fuckin traders.
Edit: Oh, wrong account.
lol
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Very well then. I'm sorry. Carry on with your billionaire fantasies.
There you go again. Don't let the door hit you on the way out. So how long should I hodl my btc until I become a billionaire? It's ironic how someone who brings logic to the debate is dismissed as a troll by your likes, yet the one who spouts delusion is defended and justified, all because of greed. If by logic you mean accusing him of being a liar and talking nonsense then right you are, Spock. Someone with the username 'MrBig' accusing random people of having 'billionaire fantasies' on a forum chock full of millionaires probably shouldn't throw the word irony around too much.
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If the three day MACD signal is accurate then the price will have to start moving up a fair bit soon.
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Perhaps BTC can launch interceptors with a side chain ethereum clone?
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Very well then. I'm sorry. Carry on with your billionaire fantasies.
There you go again. Don't let the door hit you on the way out.
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Do you actually believe in the nonsense you wrote?
What is it to you? Do you say the same to those who bought at 30 dollars in 2011?
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less than 2 hours to the FOMC announcement... what kind of effect will it have on btc/usd price?
In general in BTC markets when we break key support levels like we just had there's nothing that can be done to stop the dumps until we find a local bottom much lower. News won't do anything IMHO. The key support level we were at three days ago?
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BTC is an pyramid scheme, not an ponzi scheme.
Actually it is neither. And it is 'a', not 'an' in both instances.
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how do you feel being manipulated and losing 50%+ of your invested money as of now?
holders have lost about 50%+ 72% (1100-300)/1100 = 0.727 1) you are an obvious troll 2) few bought at 1200. 3) without holders there is no bitcoin price
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I just don't get it, it went $7 and you are complaining, what will you do when we hit sub $1xx ?
Wake up in a sweat?
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It looks promising.
Although your "analysis" completely failed, there's still hope... Overestimation of abilities and emotional attachment to failed theories are the ingredients for loosing big. Markets are cruel and emotionless. It's preferable to admit defeat and try to come up with something better... I'm also long on Bitcoin. But longterm and based on fundamental reasoning. And I admit that I don't know the future. Therefore I don't invest much, because it's better to have a little bit of something than a whole lot of nothing. ya.ya.yo! Not sure why you say failed. The three day MACD is still green.
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Wala? Voila maybe?
I thought you said you were leaving. A lot of us no doubt had our hopes up you meant it.
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Shorts at ATH. MACD green for three bars. Market oversold. Yep we are going ..up
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