Eventually it will go above its previous high of 70. Having 2 billion dumped, when coinex was robbed, didnt help the current situation. But now the buy walls are starting to thicken up again  Agreed! And as soon as BTC starts rallying again...dear lord, we're gonna hit some unknown highs! |
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You guys are right, but it's brutal to watch.
I'm looking forward to the day when Huobi et al. will follow Gox into the graveyard of BTC exchanges in the not too distant future.
It will be a wonderful time!
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People are more interested in pump and dump coins these days and I think most of them are selling all the old altcoins
to get a slice of the new pump coins like country coins which are coming out on a daily basis.
It will take some time before the market adjusts itself and says no to these new shitty coins.
Agreed. These new coins are like a plague. But funny enough, they actually isntantly fall, they aren't even being pumped any more when they enter the market. It's ridiculous. I think so many people got burned by that, that maybe a trend reversal towards the older and better altcoins will start. In the end, those with active community and devs and good features will survive, not these stupid country coins. As far as I'm concerned. They can sell as low as they want, I'm gonna buy. And no, I'll never buy shitty pump and dump country coins. They won't be here in 6 months any more. Tips however will be here, stronger than ever. |
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Why is everyone still following Huobi with their goddamn fake volume?
Trader at stamp:
"Oh look, Huobi is going down, I guess I have to click the sell button, fast!!!"
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Guys, please do me a favor and look at other altcoins.
Seriously, which coin isn't down hard at the moment?
You really think this phenomenon is constrained to tips?
The real reason we're going down is, because altcoins together with BTC are in a bear market right now.
Sheep panic selling, everyone dumping like mad. Lots and lots of noobs selling at low prices just to get out.
The weak hands get shaken out.
As soon as the market starts getting bullish again, which could happen during the next weeks,
we'll see some increases in price.
Until then, the best thing is to buy more when it dips low.
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C'mon people, of course it will go up. Only a matter of time. All alts are down hard atm, and once our big friend BTC resumes it's inevitable climb towards a few k $/BTC, the alts will resume the upwards trend again. I could easily see LOT at a few hundred satoshi at the next BTC all time high (which I hope is sometime around summer). So buy dem cheap coinz !!!  |
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I'm also back in. Time for upwards departure
this aint bull market, son. only possible departure is to the sub 500 zone. Every bear market ends at some point. You just don't know when exactly. Sub 500 coins is a gamble. Could be, could not be. It's anyones guess I think. |
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Shaky weak hands will leave the game and the price will go boom.
CCMF coming on a screen near you, shortly after the break.
Poor weak hands. I think they'll be quite sad in a few months |
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dont tell me we gona see a 2011 bear market
how would that even be possible with all the hype bitcoin has been getting and all VC's, wallstreet moving in etc.
i cant help but think we gonna see a violent upswing pretty soon
I totally agree! |
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HODL!!!!!1
I'm just trying to figure out at what point to buy b/c it seems too late to sell at this point. Anytime now, if you have the funds, would be nice... By this time next year you'll probably have 10x your fiat investment.  Only 10x  Why so pessimistic |
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300$ dollar coins this week?
no, massive buy will happen when <$400 I think we'll have strong support in the mid 400's, but let's see. If it goes below 400, we're entering real bearmarket territory. This would be quite nasty. |
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We're still above the long term historic support trendline. It could go as low as the mid 400's until the strong buying support kicks in and we resume the upward trend again:  So everything still within normal parameters. |
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I wonder how low this sucker will go  |
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Let's see if that 540 wall holds.
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Well, the positive thing is, that all this FUD gives us the opportunity to buy some really really cheap coins.
Because, you know, FUD can only postpone the inevitable, but not wholly undo it. That is that bitcoin will
go to the moon sooner or later. So this FUD represents a really wonderful buying opportunity.
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Man no the chinese shit again !  The panic selling i can live with. It's just that nobody buys back anymore. We just go down after every round of fake news and other bullshit and stay down. That's the problem. This has been going on for months now with no real reason other than manipulation and idiotic fear. It's annoying to know my coins are getting worth less every day because of this bullshit. Yes. We just can hope that a new generation of exchanges can fix the trust issue a lot of people have after the gox debacle. I think that may be part of the reason why no one is buying back. Trustworthy exchanges are a must before we can go to the moon, I think. But a prolongued bear market, I don't know if that can happen the way it did back in 2011. So much has changed since then, bitcoin is way stronger than in 2011. |
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OMFG, China FUD all over again. When will this shit ever stop?!?
It's so ridiculous, really. The only good thing about it is that I can buy cheap coins everytime.
When China's central bank come out and give definitive advice on the legality. From what I hear, that is not how China works. They like a grey legal system so that no one can be completely sure where they stand. Means that anyone can be swept off the streets at the whim of the CCP. So basically, this Chinese FUD stuff could potentially go on for months, even years? I guess people will get accustomed to this, and the impact of the Chinese FUD will decrease over time. At least I hope so. Also, as other markets gain more significance, I hope that the impact of the Chinese market will decrease somehow. At least, those are my hopes and dreams. Maybe they'll never be fulfilled, and Bitcoin will become ChineseFUDcoin. |
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OMFG, China FUD all over again. When will this shit ever stop?!?
It's so ridiculous, really. The only good thing about it is that I can buy cheap coins everytime.
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More and more people involved
I'm ready
go to da moon
Yes, Tips is gaining some serious momentum now Tips deserves a place among the top 10 altcoins marketcap-wise imho. With all this stuff going on, that doesn't seem too far fetched in the mid-term future. |
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dun dun dun... which way will the triangle break? Either way will set off additional major indicators. If it breaks up, we're probably back in a bull market, and if it breaks down, we might be in for a really long bear market like 2011 as the 1W emas cross down. Which will happen? Can I get a drumroll?
Do you actually have to ask? Ignore the chart and just think about it. It is not as though mass psychology was the only factor. At this point, any bearish breakdown must be faded. Agreed. A prolongued bear market like in 2011 seems pretty unlikely to me. Not with all the new money flowing in the bulding of the bitcoin ecosystem. Adoption is still going up, the number of transactions rises exponentially. New bitcoin startups emerge on a weekly basis, the sentiment already seems quite optimistic to me. There is only one way, and that is up. See July 2013 for reference. |
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