1 Canadian Dollar equals 0.81 US Dollar
And 1 USD equals 0.83 EUR - more or less the same as CND/USD. Yet the spacing between the red and the blue curves isn't the same as blue to yellow. Either there's something that eludes me in this graph, or someone is paying an unrealistic premium when buying BTC.
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Took a blow, here it is down in the 3630-3670 range. It might go back up to 3800 or down to 3500. I'm expecting a sideways October. China is priced in, so I doubt anything special will go on on Sep 30. IMO, small ATH due in November. A larger one at latest in January.
Before anyone asks: Who told me? Where do these statements come from? My sensitives. My back. IOW, just a hunch.
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What do you mean "Recognition is subjective"? Do you mean that where a westerner see a square someone else sees a circle?
No, but where a westerner sees green, someone might see some kind of blue. Where a westerner sees "straight, left, right, straight", someone might see different paths depending on the physical orientation of the page when it gets presented to them. All reference axes are relative to an absolute point on their island (a mountain), so they don't have relative words like "left" or "right" ("up" and "down" they do). Imagine a westerner dealing with IQ tests prepared by someone in one such population. There is much more cultural background to perception than we are aware of.
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I was told cheap coins? These are cheap coins... It's just that he wanted the cheaper coins.
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Q: So what do you do when you are large, wealthy hedge fund investors, and you want to take a large position in Bitcoin? You don't want to pay market price and enter long, as there are not enough coins in the exchange float to get a good price. A: And the best way to 'shake the trees' is...? (Hint: it just happened) My thoughts exactly. Add to "wealthy hedge fund investors": people about to launch derivatives in the USA - they need real collateral, at least until the SEC eventually decides to turn a blind eye to the intricate details.
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Antminer d3s are now on sale Currently offering MASSIVE boost in hash, will get around 1 btc/month at the moment Ah, so my previous note about next FUD wave must be revised. It's just Wu having a test drive and giving its buyers the usual handicap before selling them the new toy. Some kind of ius primae noctis.
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Someone already noted this. With the uncertainty about miners in China, this could well be the next FUD wave. Full mempool, delayed confirmations, sky-high fees. Big blockers to the rescue, "we knew SW is no solution!", "bitcoin is dead", "we've got the real bitcoin". Bracing just in case.
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I smell a dump
Guys please have the decency. Walk a little further before you squat and dump. We don't like the smell. Ahh, some people... pff....
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That's the news indeed. I'll wager an ETF is due soon on the other side of the Atlantic, too. The official reason for SEC changing their mind will probably be "now we have futures and options, so there is a proper way to stabilize reserve and clearings".
All they're doing is probably buying on behalf of clients through their regular platforms. They may not like it, but they do like the fees. Hm... in my blinding optimism I hadn't considered this easier explanation But... all together? On that perfectly aligned technical point? Still 50/50 undecided. If the dump/instant whale buy pattern repeats, I might lean back towards my original guess.
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Marcus promoting an Orwellian, digital only slave currency while fantasizing about a Polish jewess, it all makes sense now.
Roach, Roach... we know you're going to turn from Kafkian ungodly filth-dwelling beast to a real prince as soon as a Jewish princess agrees to kiss you!
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Whoa, elephant in the front room here people .... HSBC Barclays Capital Sec. Morgan Stanley JPMorgan Credit Suisse Goldman Sachs Danske Bank all listed as participating in this swedish traded bitcoinETN! Isn't that the big news here? Large multinational banks and regional banks are involved in the bitcoin market!! Not long until they allow ETFs in london and NY/SF unlesss they want to be left as trading backwaters. Only matter of time also until they put it on the major currency trading platforms where these guys usually play. That's the news indeed. I'll wager an ETF is due soon on the other side of the Atlantic, too. The official reason for SEC changing their mind will probably be "now we have futures and options, so there is a proper way to stabilize reserve and clearings".
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Just a rumor for the time being, but it's being said that Bitpay now supports BCH. I never used Bitpay myself. Reliable sources would be welcome. If that's true, it could lead to a handsome BCH price increase - I still have over half of my rainfall...
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bears probably didn't have their final say yet. so be cautious This. I am expecting a sssllllloooowww ramp up to 5k. This leg up has been too fast. The volume was there, sure, but I'm wary. We might be in for more dumps - even a deep, sub-3000 plunge. The tree can be shaken again, so that fruits held by weak hands may fall down.
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AltcoinCash still slipping at $409USD/$497CAD (Coinmarketcap).
And, what matters more in my opinion, the peg to bitcoin is loosening. Kraken's day range is ฿0.10114-฿0.12720, actually trending towards the minimum (฿0.11400 right now). Someone up there is getting low on cash/BTC?
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(SNIP) Then there's the issue of mining consortiums: how are they going to foot the bill? They will need to pay for their electricity in RMB, and China's capital controls aren't helping here. At this point, I consider it likely that one or more mining consortiums will stop operations as well, sending further shockwaves. Again: I consider it likely, there is no reason to be sure about this at all.
This might not be a problem for the miners. The government - or the local goverments under the thumb of Beijing - kept subsidizing cheap electricity for them all along. I suspect there are deals in place to allow bills and live costs to be paid via YuanTether. Don't think the government wants to throw the whole mining thing to the dogs. It's a strategic sector where China has world leadership, at least for the moment. It would be quite a dumb move. They must have thought this over. YuanTether will likely play a key role, as someone else - empowering if I'm not mistaken - said a little above. Maybe some state-sponsored ICO or cryptocurrency too. We'll see. Last but not least: this is 2017, not 2013/2014. There is newer tech out there, and real competition as well. The crypto funds that invested in BTC are not guaranteed to keep BTC in their baskets, or at least in the same ratio. There will be funds out there that are re-evaluating what they really have in their hands right now - and they will start weighing the value of recent changes in China.
The derivatives that will debut this fall will need real BTC for clearinghouse reserve collateral. There will be futures - and maybe options too, I'm not sure on the details. They applied, they got approved. They can't fuck up by not setting up proper financial backing. I am confident they will be last call buyers. Even more: I believe they just filled their pockets on this sale and are ready to get more at a discount if/when it happens.
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Hello, I'm having trouble with verification. I sent you a private message because my emails to support have been unanswered for over a week.
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Who sold at the bottom?
bottom ain't in yet I've bought at the bottom. It's already in. I'm ready for new ATH next month. Not sure where the actual bottom is this time. For all I know (or care), OkCoin and Huobi have a meeting with the regulators tomorrow, and they might say they're closing down too. Bitcoin could have another leg down to 3000. The last squeeze of milk from this particular cow's (f)udders. Whatever. I already bought almost more than I can afford anyway. Slight capital reallocation? Missing out? I guess I'm good anyway. The slow climb back is due very soon.
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I don't know Why but i Just want to make same ATH guess like last time Rules ....: the one with the right date of ATH gets .25 btc paid directly (UTC time) (closest to ATH.....) I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st) Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time..... So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st) Both answers to win must been inside before 20-09-2017 Goodluck to the ones that like This I'd say November 6th. Why: the next ATH will likely be in the 6000-6800 range. Most technical analysts (not that I am one) think it will take 4-5 weeks to recover to 5000. I am guessing there will be some consolidation/ups&downs before the previous ceiling can be broken for good, and a couple weeks more for the upward momentum to let up so the ATH is fixed. I picked the 6th because it's a Monday - a good day for ATHs.
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All the altcoins also took a big hit with AltcoinCash down to $421USD/$513CAD (Coinmarketcap).
I prefer to gauge BCH against BTC, and it almost looks like they've been pegged since over a month. A lock that seems a little artificial.
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It's time to que up the avalanche of retard pumpers that know absolutely nothing about cryptocurrency to spam the boards with their cut and paste slogan "blockchain is here to stay". Since it's not even possible to create a decentralized cryptocurrency in the first place (all are designed to centralize), nothing could be further from the truth.
Yea, they might live on as federated chains run by corporations and govt, but who gives a shit about those. Bitcoin died the day the first asic was created when it could no longer be mined with normal, off the shelf, commodity hardware. There's no point screwing with this garbage over real money now (physical silver).
I missed you too.
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