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Price has resumed the average growth rate from Dec 20 to the drop (higher sloped lines). If the long term trend (lower slope) holds, we'll be permanently above $1000 this summer.
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This could be a C&H with horizontal movement for months until the next breakout, or... ...anyone not buckled in will be kicking themselves in a matter of weeks.
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A 23% drop is totally normal for Bitcoin. This is all totally normal. This is all totally normal...this is all totally normal...this is all totally normal...
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I haven't kept up with developments for a while - which Chinese exchange is now considered to have most (non-fake) volume? I'm assuming finex is light on depth and volume these days, especially post-hack?
I can't speak to the Chinese volume, I'm only tracking Houbi and BTCC and both look completely fake. As for the others, Finex has been a leader lately: Last 7 days:
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I haven't kept up with developments for a while - which Chinese exchange is now considered to have most (non-fake) volume? I'm assuming finex is light on depth and volume these days, especially post-hack?
I can't speak to the Chinese volume, I'm only tracking Houbi and BTCC and both look completely fake. As for the others, Finex has been a leader lately:
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Due to low demand I have finished production a year ago. Early years were full all of action: markets opened and closed, hackers halt networks, speculations on exchanges, miners equipment with USB sticks for 1BTC... good times. To remember this I have got 20 batches with some key information on each coin... No more coins will be produced.
Your design is iconic and right up there with Casascius as representative of Bitcoin. It's a shame they were not profitable enough to continue production. Have you considered making another batch to commemorate the 2016 halving event? I'd pay more for a coin produced only once every 4 years.
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And you're posting a EURO /CNY chart. The USD/CNY chart shows the contrary.. Bearish CNY and USD haven't moved much relative to each other, they are in the same range as before the annoucement, but USD is also down against the Euro, as well as the other currencies in the drop-down selection box. Edit: nevermind, it looks like all the currency pairs are returning to pre-announcement ratios. Just the system absorbing the news, I guess.
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I prefer to think we're now in a Wave 3 that's just getting started, and the correctional Wave 4 that follows will end above (way above) $500 in February or March April or May.
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Pop quiz: If you saw the chart upside down like this, what would you expect? I would expect you live in Australia
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Huobi @463$, tsunami is coming
Huobi @2999, tsunami always seems to hesitate here
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Humans in their current form have only been around for ~100,000 years. Do you think we will survive our first million years? Posted while playing poker and winning some btc Most of us will be cloud consciousnesses by the end of this millenium with the option to occasionally download into sexy ladybot bodies when the mood takes. You and I share a common vision of post-singularity life
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The big white box on the outside will become the small white box on the inside and there will be much pizza. So say we all.
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China blood transfusion in 5 hours
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you guys heard the news?
crypto is done!
Yes they are outlawing it outright in the EU. So if your caught with it or transferring it out of the country to avoid detection you will be arrested immediately Arrested? Hah! Executed. It's true. On sight. News reports are just beginning to trickle in. And cryofreezing heads so they can recover brainwallets when the technology exists.
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