Day trading trolls are out b...bb..because price movement not logical, can't draw their silly lines on a chart and try make sense of things.
Long term hodlers are in, because we just dgaf what happens in the short term.
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Huobi price chart, I think support at 7000 and resistance 7500 to beat. March declining trend beaten, if we fail support meeting that old trend at 6600 would be a short term target to stabilise/observe price reaction
Who gives a fuck about Huobi? Iknowriiight? Had to endure for years the constant bullshit that China was leading the crypto market, and every other country was just following. Then the wash trading and 100x margin stopped (along with withdrawals), and suddenly the Emperor Has No Clothes.
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There will soon be a drop to 1600. Possibly 1550, if we are very unlucky.
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FUD or not, the PnD'ers only need a 'plausable' reason to crash dump. Segwit adoption doesn't make an altcoin that nobody wanted or cared about suddenly valuable overnight. ".... sell on the news..." Lol
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If anyone tries to short majorly on Bitfinex they will get destroyed.
Mark. Those. Words.
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Reaching for Gold parity again feel like
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Bitcoin Domination
dominating the ALTs ... ... that's not the trend for 2017 ... trend is BTC is the high-end chip, for institutional players. ALTs are going to be the fast money, moving TX, at street level. Pump and dump highly centralized tokens aren't suitable to be used as money at street level. If any "coin" is used at street level, it's going to be a govt issued digital slave token or silver and copper. Gresham's law. Bad money circulates. Good money gets HODLed.
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But of course it doesn't matter to either of you guys what the bitcoin price action does, right?
Right? Because you think bitcoin is complete shit and you're both all 100% in PMs right now?
Because you wouldn't waste your time posting about BITCOIN on a BITCOIN spec sub if you absolutely hated it?
Right? Right guyz?
GUYZZZ??
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Last chance to buy sub 1200? Any news?? What is this
Bitcoin traded to pump ETH and DASH. Nothing to see here, move along... Why are people buying DASH again? just speculation or something going on that drives the pump? I know there's some hype with Raiden for ETH I guess that's why, but what's up with DASH again? A pump is not the same as "people buying". Whales can pump or dump into their own walls, and use fake news to drive the speculation in either direction. Those shitcoins aren't going anywhere but down in the long term.
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Last chance to buy sub 1200? Any news?? What is this
Bitcoin traded to pump ETH and DASH. Nothing to see here, move along...
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I took profits on litecoin. I think all this hype for segwit will burst.
Segwit isn't all that special and won't make litecoin special.
Riiight, sure ya did. You divested in those other shitcoins along with the rest of the n00bs. (And btw, I agree with ya about litecoin. If it wasn't anything special then, it surely won't be with SW either.) For the world to adopt cryptocurrency at all as a truly-integrated payment system, it's Bitcoin or bust, man.
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I feel like these conversations around bitcoin's viability long term are completely played out. They've been talked about for what... like 8 years now? That's nearly a decade of time. I'm sure in another 8-10 years, people will still be droning on and on about it ad nauseum. In the first decade of the "modern" Internet, people kept saying things like "Just one world catastrophe, and the entire Internet and its usage goes up in a poof of smoke". Ok, whatever, just more Prepper talk completely divorced from reality. People are ignorant to the fact that the Internet was originally created as a means of communication for just such an emergency situation. Here we are 30 years later, and the Internet is still up and running, stronger and more distributed than ever. Now we have a worldwide Internet that literally is too big to fail. The entire fkn financial WORLD runs on the Internet, and that will always be true, even when we have the occasional worldwide crisis. Just like the world's central banks, they are not going anywhere, even if things get really bad. They will still be chugging along. So eventually Bitcoin will reach this level, where the worldwide Bitcoin network runs on the backbone of a financial internet that is literally here to stay forever. As long as the Internet is around, Bitcoin will be around. And people will use it, regardless of what the world's governments want or say. People that think otherwise are just delusional Preppers. If we have Apocalyptic disasters one day that wipe out everything including all worldwide Internet communications, then Mankind has WAY bigger problems and even those silly gold and silver coins ain't gonna do jack shit for ya. Stock up on food, medicine, bullets, and toilet paper, because those become your new 'currency' barter system in that situation.
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If one guy thinks he has that much pull in a crypto community (or tries to have), then it still is truly a small and insignificant economic market.
and mr wu our mining friend doesn't? they were on the verge of hitting 75% until he showed up once again. and the key words are user activated. Just further proof that the economies of *all* these cryptocurrencies, Bitcoin included, are still insignificantly small. But hopefully one day that won't be the case as things before more distributed over time.
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If one guy thinks he has that much pull in a crypto community (or tries to have), then it still is truly a small and insignificant economic market. For the record, I don't have anything against coblee. But coblee <> Litecoin (and yes I know who he is).
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Bitcoin rises again as more alts crash. Further proof that 'The Great Altcoin Bait-n-Switch Pump of 2017' was a complete farce. Feel sorry for those n00bs that got taken, but at least they'll learn a hard lesson. Even though there is some small evidence of inverse relationships, I have not seen alts as rekt, yet. I don't really invest in any alts, except I have a tiny bit in ETC and XMR (less than 2% of my total crypto)... so I don't have too much of an attachment to the performance of any of these alts, .... but none of the higher cap ones are really crashing - including ETH, DASH, ZEC or LTC And they won't crash, not like that. It'll be a slow, painful, 'down, back up, and then more down' degradation road that will last for 6-12 months, maybe longer. But the end result is the same. Check back on them at the end of the year, people will be amazed how far down they can fall. Meanwhile, Bitcoin stays honey badger. I still predict a ~1600 target by years end. I guess we shall see.
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Bitcoin rises again as more alts crash. Further proof that 'The Great Altcoin Bait-n-Switch Pump of 2017' was a complete farce. Feel sorry for those n00bs that got taken, but at least they'll learn a hard lesson.
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So what's the deal with the Chinese exchanges? Have they allowed btc withdrawals yet?
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Cruise missile to Jihan's mega mining center should solve the problem.
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