I don't see what's so special about today. An 8% up day within a wave of a consolidation period doesn't "male history".
I'm not just talking about today man, maybe you are a daytrader, I am not. I'm trying to see the big picture which is ahead of us. I'll remember "today" with a smile when the price will be where it should. OK I made the wrong interpretation of "this price"
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I don't see what's so special about today. An 8% up day within a wave of a consolidation period doesn't "male history".
This is a big fucking deal. 2 years of nothing but blah, and here we are proving the run to $500 wasn't just a pump/dump. I thought that was already established given the volume and indicators over the entire past month. Especially the break from 320 and 370 were the final confirmations needed. This rally to 460 is just a technicality about exactly what the shape of this consolidation will be like. So TODAY is not a big deal. Maybe 2 weeks ago was a big deal.
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I don't see what's so special about today. An 8% up day within a wave of a consolidation period doesn't "male history".
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Why torture yourself with following the market and trading if you're going to just use 2%? I only trade(d) to strike it rich and make significant increases in my btc, and I still hate it.
How did that work out for you? The trading worked out very well. I just hate being glued to the charts. It completely consumes me. Even though I made these huge gain on 100% on my coins, someone's I still just wish I'd rather have that year of my life back. That's why I don't understand someone only using 2%.
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Why torture yourself with following the market and trading if you're going to just use 2%? I only trade(d) to strike it rich and make significant increases in my btc, and I still hate it.
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I don't get what drives the price.
Short term prices are driven by speculation and traders. Mid term prices are driven by the rise and fall of exchanges and fresh fiat injections. Long term prices are driven by adoption
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80% of bit coin movement comes from the chart and fractals, which runs on top of a steadily increasing adoption. It's the noobs from wall street who think that every little micro movement has to be based on some media event, like they're running a company. It's how they think.
Hey welcome back tera. Did aliens kidnapped you the last 1+ year? What do you think will happen till the next halving? Btc trading was completely consuming my mind and I had to put it on hold to get my life back together. I literally didn't check a single chart, price quote, news article, or forum post in 18 months. My coins are still in cold storage (what is left of them). I can't make a firm prediction about prices. The chart would lead one to believe there will we one or two more consolidation periods like 2012.
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The problem with buying from Tiger Direct with bitcoin is that it voids returns.
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Volume is the amount of coins that switched hands. If trader A swaps 1btc for trader B for $450 , then 1 btc of volume has occurred. It doesn't matter what order they placed their orders.
In btc, high volume is generally bullish, since there is a fixed supply. However, if it gets too big on one up day, it can lead to the start of a short term reversal.
You can't just look at one indicator or one day in a vacuum. You need to look at how the volume progressed across different days, and different timeframes, and what the corresponding price action was.
As for "buy volume" and "sell volume", this can have two meanings
1. When a buyer places a trade high enough to hit an existing limit sell order, that is a "buy". When a seller places a trade low enough to hit existing buy order, that is a "sell". Sometimes this information is meaningless if a huge buyer or seller simply prefers to use limit orders.
2. The volume that occurred during an up day or other candle can be considered "buy volume" and the volume that occurred during a down candle can be considered "sell volume". However, in reality there are always both a buyer and a seller involved.
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Do you mean to tell me that after 2 years we STILL haven't matured past talking about CNY exchanges.
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There could potentially still be another alt coin if it was a significant enough fork and wasnt just another scrypt coin, etc. People really have to believe that it is the next bitcoin, or the solution to bitcoin scalability issues, or maybe something completely different (like ripple).
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Please remove wall street terminology like "1q". This is bitcoin . We have English words like "january", "february", "March", "Winter", "Spring", etc.
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80% of bit coin movement comes from the chart and fractals, which runs on top of a steadily increasing adoption. It's the noobs from wall street who think that every little micro movement has to be based on some media event, like they're running a company. It's how they think.
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Attempt 1w ichimoku cloud break; resemblance to 2012; momentum
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I think most bitconers/traders have some kind of autism or asoergers and with years of experience we still can never predict these charts properly. It's always changing.
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On a scale of "Sun" to "Alpha Centauri", where is BTC going after it passes/passed the moon? In 2013, it used to be "oort cloud".
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I am not buying but let's hope it goes up quite a lot. The big thing is that after a pump, a dump will come. Make sure you have sold your coins before that moment arises. Else you will be crying.
It bitcoin, there are always multiple bounce opportunities to sell after each dump at 85%, 80%, 75%, etc. There is no need to preemptively call the top. You will lose more that way.
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It is true, he / she / group designed it so that we are all satoshi, we are all our own bank. No centralization. Same thing when Anonymous says "We are all Anonymous".
I actually had a more esoteric interpretation on this. Given how "Satoshi Nakamato" translates to 'the one true source'. He is saying that he is god and that we are all god too (a spiritualist belief). Some religions would have Satoshi crucified for this.
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The exchange risk is just seen as another calculated risk in the bitcoin vegas gambling game that otherwise has much better odds than a casino. There are no other options, if you want to trade in a high volume environment. Especially with bitcoin's questionable legal status in its early years, the use of a dodgy offshore exchange that could evade the law was seen as part of the game and even added a feeling of edgy badassness to it.
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