Good morning Bitcoinland.
Still going sideways. Isn't it about time to move on up?
We still got about a week left before we move up significantly.
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So, I just made 9% shorting ETH. I managed to short the day before yesterday and I got me 2 whole mBTC. It was awesome. First Doge, then ETH... I think I have a talent for calling tops on alts.
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Thinking about buying Ether? This message was brought to you by the BPS, the Bagholder Prevention Society.
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Ether isn't really going anywhere. In fact, I still can't find a decent-looking price chart for it! I was going to go short it a poloniex, but after not being able to log in for 5 minutes, I decided not to.
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And so this forum slowly dies. WTF is up with the censorship? Do the owner of this forum want to kill BTC and push some sort of premined alt-coin? This whole block debate is getting stupid.
Dont worry, bitcoin will move on to larger and better development teams. All they're doing is relinquishing their power over the network by sheer incompetence.
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So, Adam's got one last message, it seems: Fuck Theymos, Fuck bitcointalk. Who's coming with me!?!?
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@JJG I'm ready to start trading. Ever short sold anything on Poloniex? I need a lesson.
I shorted dogecoin once, the latest time it was worth 110 satoshi each. It was the easiest quickest, (and under that category) least risky 10% gain I've made. Went in with 0.01 BTC, made it out with 0.011, its not much, but it was definitely awesome.
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I call shenanigans.
Ding Ding Ding! Congratulations! You win a price, friend. It's always darkest before dawn. Despite what I posted (some of which I actually think, some of which I just copy-pasted) I quite honestly believe that bitcoin has the potential to reach $35,000 in about two decades (hell, maybe before). I think we might see it just barely touch $700 at the incoming pre-halving pump (which will be followed by a nasty, delicious-price-providing crash). I believe I'll be considerably increasing my BTC holdings throught trading and secure some profit in cash. So, you can chose, $20 worth of bitcoin, or 0.03 bitcoin. Ether to be provided halving day, to celebrate
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painting lines on chart and pretenting t o know where price was going in the short term was fun, what happened to the good old days... They don't fit in the block anymore.
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I don't even have a full bitcoin. I'm just a college kid, sitting on 0.85 BTC, trading what he can to increase his holdings. Maybe next halving, I'll be there. Meanwhile, my halving party will be a box of pizza, a few friends and (hopefully) a girlfriend.
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Yawn. Waiting for the pre-halving bubble got boring. Not that I think it's guaranteed to happen, but I?m confident it will. T minus 4 months.
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This is why I have liquidated my position in Bitcoins. There is very little upside going forward. Block size limit is too low. No forward moves of late have any traction whatsoever and demand continues to lag. Way too little upside for such a risky proposition so my advice is to move into dollars. Only a significant change in the economy could alter this forecast.
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If you didn't get in at 382 you missed the bottom.
and if are trading on bitfinex your shit out of luck ( "bottom" was 390 at bitfinex ) I managed to catch that on bitfinex. So, how long did it take to confirm the transaction with a 2 cent fee?
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Gah! Fucking bitstamp. You just had to bounce off of $382, not $380. Well, at least I managed to move that money to buy at $391. We'll see how that plays out. I think that's the last of this weekend's dump. My guess is that we'll be back on $410 soon enough.
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Man, and I was hoping to open a margin long at 399.99, oh well. I have a feeling that this was the last dip. Everyone strap in for a pre-halving bubble, beginning within the next 3 months.
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I'm trading 50% of my coins, hodling the other 50%. I'm cashing out at $800, to buy back in lower if it happens this year. Which I think will happen because of the pre-halving hype.
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I would put half in cold storage, for my retirement fund. I would trade 2,000 BTC over some exchanges (probably just bitstamp and bitfinex, as those are the only two I'm familiar with). And I would slowly cash out the other 3,000 BTC over the next 2 years in order to invest in real estate and demolishing/construction in my newly acquired land.
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Anyone know where I can short hashrate difficulty?
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I reached panic a few minutes ago, so... yeah. Imma buy tomorrow. See how it works out.
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... Shit. Just when I decide to try out margin trading, the BTC decides to take a $20 plunge (guess what I am now). Seeing as how I live in a fucking third world country, I'm going to have to buy bitcoin at a premium to inject into my margin wallet to prevent being margin called. Good thing is, liq price is set at $200... Hope we dont flashcrash under that between now and tomorrow.
I really recent the fact that people selling bitcoin though international means charge such a large margin above price. Whatever. The drawbacks of living in a broke-ass failed state will be over soon.
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