Only minutes left until a triangle should break either way, my money is on down.
It looked like breaking down, but didn't follow, now breaking up...  LOL i know eh, unbelievable! |
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No , this is unhealthy and violent rise... I would be happier with 1-2% steady gains a day for the next year
Do you know how "unhealthy and violent" 1-2% per day is/would be? Let's take the square root of 2 for fun as the average: ~1.414% (1 + ~1.414/100)^365 = ~16,800% Starting from a (made up) base of $250, BTC would be ~$42,000 by this time next year. sounds about right >32,000$ in <2 years  |
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no no no AAPL or WMT do not have the same potential as bitcoin.
AAPL is valued because Apple makes products that people want, so each share pays out dividends (or becomes a share of a bigger capital). AAPL is unlikely to go to 1,000,000 $/share bcause it is unlikely that Apple will make a product THAT good. One can speculate with AAPL shares, and a speculative bubble may well push the price a lot higher that their fundamental price -- but only for a while, eventually it gets corrected back. Bitcoin (sorry for repeating) has does not make any products and does pay dividends. It can be used as a currency, but so could be Litecoin or any of an infinite supply of altcoins; and the "fundamental" price supported by that use shoudl be down in the single digits. So its current price is entirely speculative. I fail to see how a financial instrument that has less productive potential than AAPL can have more chance of getting getting "to the moon" and staying there... APPL isn't looking to replace gold's speculative value , bitcoin is, this is 1 small reason why bitcoin has more potential. the market(s) bitcoin is after is much much bigger than what APPL is after. |
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Glad I sold 70% of my newly purchased (215$) bitcoins. Profit lock-in is so great.
Let's wait for the next swing.
Time to acquire more BTC and get even more dirty fiat profits. Staying full in BTC is moronic.
sell high buy higher good plan I always thought you were not one of those permabulls. With Bitcoin there are always ups and downs. Buy & Hold sucks long term. Bad trading as well (I agree). Spreading your buy-ins wisely will reduce the risk of buy high and sell low. i'm a permabull at least when chatting on these forum HODLING a lot of BTC never to sell is probably the safest strategy I play the sell high buy higher game, yesterday i logged in and sold some bitcoin, seems like fairly easy profit, but i don't recommend it to everyone, i'm going to have to avg up a little a sell more then i feel comfortable with today, and hope that in the next few weeks we get below my avg selling price. I consider myself lucky that my extreme bullishness stopped me from selling a few days ago. and I'll consider myself lucky if i manage to grab BTC profits at some point. but look at trami he might be in pretty deep shit right about now, he might of made a killing on the way down, and then one last short destroys all his profits. buy & hold = safe and easy buy & sell = scary and fun short & long = could kill you. |
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Wences is one of the worst snake bit-oil peddlers out there. By talking about "1,000,000 $/BTC" as if it were an almost sure thing, he has definitely left the "salesman" land and crossed into "scam" territory. That's not true, he said there is a change (20%) that bitcoin will collapse Many will understand that as "an 80% change of it getting to 1,000,000 $/BTC". And he knows that. There is simply no rational way to pick probabilities of future prices. Is it possible that BTC will reach that price? Sure. Is it possible that Litecoin will do that instead? Sure, that is possible too. Is ist possible that AAPL or WMT shares will do it? Possible, yes, sure. Even the Venezuelan bolivar and the Somalian shilling could be worth that much one day. So? no no no AAPL or WMT do not have the same potential as bitcoin. |
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Glad I sold 70% of my newly purchased (215$) bitcoins. Profit lock-in is so great.
Let's wait for the next swing.
Time to acquire more BTC and get even more dirty fiat profits. Staying full in BTC is moronic.
sell high buy higher good plan |
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32,000$ in <2years doesn't sound so crazy today now does it. |
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imagine something happens and all of a sudden it's a mad crazy rush into bitcoin, 20 Billion in buys in 2 weeks!!!! BAM 32,0000$ pre bitcoin
it's happening.
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wouldn't be surprised to see the queen buy a billion dollar of bitcoin in 2016 |
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this could be the start of The never ending bull run of all time and histories to come.
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imagine we wake up to 400$ bitcoin lol |
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People, serious question here, aren't you afraid that we will crash really badly after this insane move ?
Didn't we always say, slowly and steadily better than this circus !!
I'm really afraid !!
if we are going to get to 32,000 <2 years you haven't see nothing yet  |
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fuck man the guest at my gf halloween party just won't leave, i made a "last little coffee" and everything, STFU and go home poeple.  |
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here we go bouncing above 335 |
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Just thought I'd point out the current CNY USD rate , per today according to http://www.bloomberg.com/quote/USDCNY:CUR , to dispel any notion that the chinese exchanges are not running at a +$25 differential to the western exchanges as a result of a not updated exchange rate on bitcoinwisdom and whatever other btc price trackers are being used - yes it's true the CNY has devalued somewhat the past couple days/weeks , but , they are indeed trading at ~$350 USD per current spot rate (2215 / 6.3174 = $350.62) at time of this post. The CNY would have to be devalued by roughly 9% additionally VS USD (a rate of 6.8154) to be considered to be trading at an equivalent price. Since a 9% devaluation overnight of the CNY is highly unlikely to say the least , it's up to the western exchanges to catch up at this point to their $350 (or at least we should have pretty good justification not to dump alongside the chinese exchanges , which are in fact most certainly already trading at a significantly higher rate). CNY devalued recently China man buys a lot of bitcoin. makes sense |
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so when does this shiz go exponential?
in ~ 6 months we'll be trading in the 300's for a while, accumulating all the bears and the dumb fucks coins then we start to really move up! Mmmm maybe, I was hoping for dumpstyles, I don't want the accumulation stage to end, so I'm still optimistic that we will see massive correction back to 230... Realistically, at least I think it's not going ballistic. 300-400 is the new 200-300, 6 months of bouncing in the 3-4 hundred range still be fine, slowly creeping up to 500 around the time of the halving, 6-9 months after that I just hope we can stay below 5000. i think we'll stay in this order of magnitude randomly bouncing up and down, with a pretty clear upward drift, then all of a suddenly we are going to shoot for that 32,000$. the way i see it once we break 1000 its for a good reason, like bitcoin in the news as a safe haven from the world economic crisis, we'll see the Fiat world crumble and at the same time we'll have big banks and institutions proclaiming bitcoin as the solution / natural evolution of money. shit is going to go wild, with bitcoin as the official future of money we can EASILY see 1000 - 5000 $ in a week. |
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so when does this shiz go exponential?
in ~ 6 months we'll be trading in the 300's for a while, accumulating all the bears and the dumb fucks coins then we start to really move up! Are you sure?  Woah woah, didn't Russia ban bitcoin?  Why the hell is the volume in lbc that high? ya i was thinking the same thing, i think they face years in jail for playing with crypto maybe the rich Russians are above there retarded laws. |
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so when does this shiz go exponential?
in ~ 6 months we'll be trading in the 300's for a while, accumulating all the bears and the dumb fucks coins then we start to really move up! Are you sure? [img of bullishness nope. |
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No i buy it at price under $250 get +30% it's enough for me now... im scared and confusion , must i buy again at current price or waiting dumper what your opinion ? well... profit is profit. congrats. i dont know what i should do myself maybe buy at dip ?  dips are safe, fuck man buying tops is safe, remember 32,000$ in < 2 years digital money WTF did you think was going to happen??? |
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