I'd like to add some words to header. Buying Bitcoins and making money ... for buyng more Bitcoins. It's simple strategy but it works perfecty well.
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Is that optimism caused by Plasma or else? I am just curious.
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My first experience with the cryptocurrency was actually when the company that I was in asked me to help them to promote their course in Thailand about two years ago.
I agreed to be their adviser and I helped them understand their business better - I think it's fascinating. At the time, Bitcoin was three Chinese cents per coin, so I asked people to sell me some. Since then, the price went up a hundred times.
Three Chinese cents per coin two years ago... It sounds confusing or I miss out something.
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I think the main reason is a relief after 1st August. Then positive expectations on Segwit activation. Also Lightning Network theme starts spinning in media. Just for example on CNBC https://www.cnbc.com/2017/08/09/bitcoin-segwit-milestone-paves-way-for-lightning-network.htmlIf you are not in bitcoin news, take into account post above about upcoming fork. It was written a little bit ironically as I get it. However it's about possible fallback and bearish market sentiment. Not now... later.
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What a rally! It could be even better that bitcoin doesn't touch a bit 4K today. $4000 is not a target anymore, $5000 is next one in a view of week or two.
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My best guess is LTC exploring slowly new range $50-100 this fall. I don't think it would be 2X-more pump suddenly.
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Next BitcoinCash dump is expected on 14 Aug when Poloniex credit BCH at last. Bcash fans will have a chance to buy more coins with discount just from sell-off.
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An ICO even ambitious is not kind of news from Russia that could change landscape in cryptoworld. What I would get as a sign of state support polices is set up a range of academic programm based on unversity facilities aiming blockchain technology. Funds and sites with excessive cheap power are not enough to challenge mining buisiness in China.
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The way bitcoin doing above $3000 level looks more and more in favour of resuming a move up. The longer consolidation around 3k, the higher next leg up would be.
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It was CNBC prediction in July that bitcoin market had reached the top, a lot of speculation that BTC would not make new ATH till the end of the year e.g. I supposed opposite, took the risk so I am happy to see as bitcoin hits new records.
Same here (although I have sustained some losses from the BTC-e seizure, so all in all, I've come out worse). Sorry to hear. That's almost impossible to predict things like this. Now that we have so much favorable media coverage, I'm almost not sure what to think. Usually, Bitcoin gets bad media coverage, and the price goes up, like a honey badger that just doesn't care. What happens now that we're getting good media coverage, like on CNBC just yesterday, for example?
Look close at price action to see when the momentum is out of steam, follow development of scaling here ... and enjoy reading CNBC. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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@BrewMaster
Thank you a lot. Appriciate your review. Gonna test cryptopia.
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If someone is going to hold some bitcoin for more than couple of months, current rate doesn't look so high. Though I would agree that is more pleasure to buy a dip.
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One more black ball for Poloniex. Connection issues, withdrowal delays, customer support service... Keep us updated with your experience at cryptopia in contrast to polo.
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All kind hallelujah bitcoin comments in mainstream media comes up afterward significant events and market moves in cryptoworld. It was CNBC prediction in July that bitcoin market had reached the top, a lot of speculation that BTC would not make new ATH till the end of the year e.g. I supposed opposite, took the risk so I am happy to see as bitcoin hits new records.
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I think market has largely priced in "segwit lock in" news. Buy on expectations, sell on news as it often happens.
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Sell ETH now? It beats me. Bitcoin will get a relief for a while after breakthrough 3K. There is a good chance for ethereum to gain more.
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It's a bit of injustice. Poloniex traders will get mostly dumped yet coin. Bitfinex users got lucky with BCH. They managed to see pump.
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I like the concept as I get whitepaper. It looks like kinda Smart marketplce platform for dropshipping of premium products with bidding and cryptopayment options. The roadmap is very ambitious as well. Hopfully the development will be successful. Looking forward to coming Q&A session.
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The way that Bcash happened actually has no overt effect to bitcoin network. I don't mean market price here. Considering BCH as test coin for bitcoin protocol, it might be even good for bitcoin progress. Testing something intended for bitcoin on what is not so valuable as bitcoin is not a bad idea. As to Segwit2x it's not clear for network effect yet. The development needs a close watch till mid November.
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