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brexit isn't bullish for bitcoin because they might leave the EUR
brexit is bullish for bitcoin because brexit is being considered, period.
it just goes to show how fucked up things are, if they leave the EUR or stay it makes no difference really, point is there shits all fucked up. it will either continue to be all fucked up, or get fucked up some more. the outcome is irrelevant.
just say'n.
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Brexit suspended.
What you mean bro by suspended ? an act of terrorism (but of course not referred to as such by the media because it was done by a white person) has meant that the brexiters are now discredited. did they shoot at the brexiters or the brstayers |
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i think the clueless of banks when it comes to blockchain and there impl. is just a very inefficient centralized database, is a worldwide phenomena. Permissioned blockchains are nowhere as inefficient as permissionless tho. they missed the point of why blockchain is so cool tho. "Permissioned blockchain" is an oxymoron |
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i think the clueless of banks when it comes to blockchain and there impl. is just a very inefficient centralized database, is a worldwide phenomena. |
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Dumped $715 position at $740.
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starting to look like we are ready for another leg up.
support looks very strong.
here comes 800's
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 this candle is good enough for me. support appears to be (much) stronger at 730 then it was at 700 i guess its a bit early to call it, but its looking fabulous, 720 is done. |
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It keeps going up. Whatīs the next resistance?
all the bears are dead. not injured, not regrouping. dead. it was a massacre. they didnt stand a chance. it was horrific. as a result, there will be no serious resistance presented below 3000$ |
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I wish there was a correction right now while Bitfinex still has 21.5K coins on the ask just so I can see it with 30K+ coins on the ask.
ya its really to bad our last remaining bears thought it was a good idea to step in front of a rocket and got killed at 720 yesterday. and so, sadly, we will never see it with 30K+ coins on the ask.  |
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there will be no small correction, the rally is the damn price correction.
the bear bubble has really fucked up price, we are way off from where we should be, this correction will continue to 3000$
at which point it will keep moving higher and then i'll call that a bubble getting inflated.
anything below 3000$ is a no brainer, just buy it.
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I am in again
 mat finally went long.  Mat finally went long?  MAT FINALLY WENT LONG! fuck this.  |
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What is going on? This went mad so fast i canīt even believe it.
believe it, and dont sell, let the suckers try and "catch the top". we have this expression for discouraging bottom fishing: " dont try to catch a falling knife " maybe we need a new one for discouraging catching the top: " dont try and stop a rocket " Due to the big BTC and GOLD rush, im afraid of something big going on globaly. Are there news about big catastrophic or war being declares?  http://www.bloomberg.com/graphics/2016-brexit-watch/Brexit is looking more likely. |
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What is going on? This went mad so fast i canīt even believe it.
believe it, and dont sell, let the suckers try and "catch the top". we have this expression for discouraging bottom fishing: " dont try to catch a falling knife " maybe we need a new one for discouraging catching the top: " dont try and stop a rocket " |
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the first pic displays depth all the way to 70$ the second pic displays depth to 80$ this might help explain the " 5k reduction in buy depth. " |
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price is "732 . kinda low not impressive" |
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So no buy wall supports?
I'm more impressed with the 20k of sells that suddenly popped up than the 5k reduction in buy depth. seems perfectly normal that a huge amount of asks would get placed After a price incress. poeple and bots alike probably wait for their target price to approach before starting to place asks.  bitfinex should lend bitstamps some coins before it run completely dry!  |
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Gold goes up 5% in the time bitcoin goes up 50%. What does that tell you?
the most interesting part is the fact that bitcoin rallied 50% with an order of magnitude less capital then what it took to drive gold up 5% gold going up is a warning of possible economic crisis looming ( the brexit is causing some FUD? ), but its a well established market with a HUGE cap, it won't have much trouble accommodating the capital that will flow into it should a flight to safety scenario unfold. bitcoin on the other hand needs a market cap 10-100X higher than it has now for it to provide the nessary liquidity in a flight to safety scenario. this is why i think 32,000$ in < 2 years is a real possibility. any serious cash starts flowing into bitcoin and price will explode, and with the recent news of banks all over playing with / admiring "blockchain tech", I can't imagine why bitcoin wouldn't be seen as a safe haven. its got all the right properties a safe haven should have, and the banks have put their nice big fancy looking stamp of approval on its underlying tech. the only thing that could hinder the flow of money would be LN not being ready in time causing a massive uptick in fees and processing times, which might persuade poeple to run to gold instead of bitcoin. |
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$32,000 feels like a good number but I was thinking $100,000, < 2 years. We're entering a super bubble and it could take us 100x from 2013 high.
100,000$ is to much. 32,000$ is just right. maybe there will be NO bubble... maybe all we will have is a price correction to 3000$ sounds crazy, a 10X incress from bottom as a "correction". I believe 3000$ is sustainable... its really not that hard to imagine bitcoin with a 50billion dollar market cap, poeple who disagree with this dont have any coins at this point, the only poeple left to supply coins below 3000$ are poeple who see a 20% rise and assume it needs a correction... they dont get that the price rise itself is the correction. |
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