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It is an on ramp for btc. And it's a great time to get in as a member of public. 70% off last ATH.
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Let's see if market responds positively.
All this is a sliver of what will happen when the ETF comes online of course..
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Ok registered and tested it. Pretty slick. Let's see what the credit card charges. Interestingly their processing fee varies depending upon size of deposit. It is so easy my dad could use it.
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It's a bear market without any doubt. Even after all the good news we had lately, it's still a bear market. The technicals are telling us that the price will continue to drop. Won't be surprised if we see btc price fall to under $200 in a couple of months.
So basicly from an investors point of view you should seriously consider getting out now and buy in later. If not you are just stupid or you own 1 coin for buying drugs on SR..
Time to sell!
yeah and me buying stocks .selling them and buying in again always works sooooo well I'm in it long term..it works or it don't..them's the breaks 51.5 btc ATM from mining $7.5k investment Long run or not. Obviously there must be some reason for you reading the speculation forum. I'm not talking about daytrading. The only thing that could drive the price now is if big money is coming in. That might happen but not at these prices. As we have seen over the past month all the good news in the world just wont do it. Try thinking past short term timescales and price movements and see the bigger picture. Course, if you bought in at 50$ it's probably no big economic loss compared to your investment anyway even if btc dies. The way I see it is that the "big picture" is not gonna happen at least not this year or the next, so why not be smart and wait a little and buy in at lower prices while adoption evolves and big money enters the game (hopefully). Why aren't we seeing any real big players investing in btc yet? Because the wall street guys still think it's way overpriced despite all the good news. Not to forget that there is actually a lot of uncertainty when it comes to btc survival skills. (The Napster story..) That's why. But everyone have different strategies and predictions of the future. Your guess is as good Sounds plausible. You say we aren't seeing any real big players investing in btc but that is a naive. What is likely before any major players accumulate is price weakness. The first you will hear about big players building a position is when they want a price lift to sell into. Actually at the moment really big money simply cannot enter due to the thin trading and small market cap. Napster was centralised so I don't think is a good comparison. BTC could be superseded by a competitor but I see no sign of that thus far. |
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The main reason for the price drop is not the miner dump, but not enough capital flow into Bitcoin to absorb the 3600 BTC created daily. The miners have to pay their bill in fiat, so they have to sell.
No, that is silly. There are at least 100k bitcoins changing hands daily. Even if all miners sold at these prices (which they don't) it will be just a drop in the overall volume. The amount of people who sell at the yearly lows and take fiat to never buy bitcoin again is tiny. Most sellers now wait to rebuy lower; at the first signs of confirmed reversal they will all jump in. This guy. He gets it. Yeah it isn't the little guy driving this decline. |
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It's a bear market without any doubt. Even after all the good news we had lately, it's still a bear market. The technicals are telling us that the price will continue to drop. Won't be surprised if we see btc price fall to under $200 in a couple of months.
So basicly from an investors point of view you should seriously consider getting out now and buy in later. If not you are just stupid or you own 1 coin for buying drugs on SR..
Time to sell!
yeah and me buying stocks .selling them and buying in again always works sooooo well I'm in it long term..it works or it don't..them's the breaks 51.5 btc ATM from mining $7.5k investment Long run or not. Obviously there must be some reason for you reading the speculation forum. I'm not talking about daytrading. The only thing that could drive the price now is if big money is coming in. That might happen but not at these prices. As we have seen over the past month all the good news in the world just wont do it. Try thinking past short term timescales and price movements and see the bigger picture. |
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Anyone know if coinfloor has sorted alternate uk banking arrangements?
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Last year aoriund this time btc entered the rally  Will history repeat itself? No chance, after this drop ends and a rebound follows we'll have the biggest drop, which should be scary.  People would have given the same answer last year when the market dropped after SR got taken out  But the SR crash was a totally different situation AND type of crash. The two scenarios have 0 in common. History rhymes, not repeats. |
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Last year aoriund this time btc entered the rally Will history repeat itself? No chance, after this drop ends and a rebound follows we'll have the biggest drop, which should be scary. People would have given the same answer last year when the market dropped after SR got taken out Yeah i am not sure I have seen tzupy every give a bullish response. Then again it has been a long bear market. |
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FUck me...I can't believe we've had an 800BTC green candle but all you lot want to do is measure your Phds.
I just answered a direct questions. I don't understand the relevance either. (I just thought it was funny to answer since he was implying I was a uneducated teen. I doesn't seem to have shut him up though  ). I think if we all revealed our day jobs there would be a few surprises. Most of the heroes don't need them of course |
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Any updates?
They're even cheaper now, did you buy more?
I did. Does that count? |
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Hey that isn't in the game plan - bitcoin only goes down remember!!
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Not sure why you keep posting this? |
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mmitech if you already sold and you believe Bitcoin is doomed, and that we are all complete fools... what are you still doing here?
It's not a rhetorical question, I would honestly like to know.
nope, Bitcoin is not doomed yet, I will re-buy between 150-200, I am a trader and this is what I do, the question is: you Bitcoin cultist holders have the whole fucking forum, we traders have only this sub-forum, I would really appreciate it if you go troll somewhere else while we discuss our things here. don't fucking tell me to hold and what a bright future Bitcoin has, I know fucking good when I have to hold. Do you we have to listen to your awful conversation quite so often? He didn't tell you to hold. Ssh. |
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All the bears selling and shorting now is really going to create a huge buying pressure once we have a good solid period of green candles. Once all of your coins are gone only the holders and miners will have bitcoins and thus creating a smaller daily supply. I really thank you guys for loading this spring.... when the bitcoin market turns around it's going to be quite an epic price explosion.
We heard that one for how many months now ? The coins are never "gone". What is being sold today can be again sold tomorrow by the buyers of today. How do you know the buyers of today are holders ? If their expectations are not met, they might very well sell as well. When you pull too strong on the spring, it bends and breaks. The majority of the coins being scooped up now aren't being bought by Joe public. At extreme price levels it is the big players who buy low. That is just how markets work. /r/bitcoin is spammed with troll and doom and gloom. /r/bitcoinmarkets is near universally bearish We are gearing up for a flash crash followed by a high volume reversal even exocytosis cannot miss. Where it happens who knows. But like klee I will continue to buy all the way down! |
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What a pig investment, are you kidding me, dumpage at every possible rise, you guys just lost another buyer and investor, go ahead and crash it, one thing I know is that it's not being accumulated by whales, it is beyond damage repair to have so many lose hope. An asset being accumulated goes up and up and charts look like PCLN or AAPL. I will be selling next week as Coinbase makes my buys available. And I thought $420 was good buy 3 days ago, now down almost another 20%.
Who praytell is buying every coin which is sold? Stop trolling pipsqueak. |
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Falllling has been proved to be right again and again and again..
You are a falling alt. fact is the fact, bitcoin is going to nowhere but down, lower and lower everyday, sell now or lose everything in the final capitulation Paging Warren buffer. Actually I think I will simply continue my regular buying. |
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I am buying 5btc for every 10$ drop, lets see if I get broke! How much have you bought in the past 2 days?  I started buying @390 5 @390 5 @380 5 @370 You might not see 360 <falllling crap> |
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Who the hell dumps on sunday nights? Probably the absolute worst hours to get money for your coin.
People who simply want to move the price. |
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Falllling has been proved to be right again and again and again..
You are a falling alt. |
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