i sold everything!
Welcome to the dark side!
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My interpretation: when support at 340$ will break, there will be some 15k BTC long squeezed, watch those fireworks.
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If I sense correctly, it seems now real bulls and early adopters are starting to feel fear or at least getting annoyed and moody. What are those walls pushing us down? Are they organic selling or something else?
Wait until support at 340$ will be broken, and then we'll have lots of angry posts. This seeming break of short term support took me by surprise, I expected a large drop days later, maybe bearishness is spreading.
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Stop pushing the price down so far that quick. Honest bear trolls@BCT will get paid less from the "big ones" if it crashes too hard too fast as they won´t be needed any longer. My 11 children rely on JP Morgans money.
LMAO, this a little gem! But you have a point, once the bear market will be over I think I'll enter hibernation.
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China started this dump, could there be a link between it and the HK protests?
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I meant THE bottom. More than a month away? In this case it might drop below 250$.
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Hmm, maybe if you post again the chart with the correction going down to 20$ we'll reach the real bottom a little sooner. Now seriously, how many significant drops (big volume down) do you expect until the real bottom is found? I'd say 2 would be normal, 1 if truncated and 3 if extended.
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Wall moved to 390$, cool! What do these people want? I can think of 2 things. 1: buy cheap coins2: destroy Bitcoin I only see dumps, months after month. I don't see them buying back. So i doubt that is the reason. What other possibility is left other than just simply someone trying to kill Bitcoin? Bolded my answer. But I'm not dumping now, so I can't say what they want, maybe they are getting desperate.
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Wall moved to 390$, cool!
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Good lord, are we just going to grind down an average of $10 a week until we hit $100? Not panicking, just a serious question here.
sure seems like it... With low volume maybe, but I doubt it. Volume should pick up soon, and we'll see some big dumps that will test the real bottom. Shouldn't take more than 3 - 4 weeks from now. If it takes longer, blame hodlers for being stubborn.
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... btw, do you consider that this hidden bullish divergence has any importance? ...
To me that looks like hidden bearish.
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... Since there are bitcoins for sale at 400$, and no one is buying them, the market's opinion is that the chances of "2000$ within 5 years" must be less than that. ...
Um, no. Expecting 2000$ within 5 years is bearish, IMO at the end of 2016 price will surpass 3000$, but that's not the point. The market "believes" there are cheaper coins on the horizon, and even if someone misses the very bottom he'll have the opportunity to buy back at the current price (or maybe 500$) for months during the first phase of the next bull market.
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..... As an insider i can tell you that JP Morgan pays about 4000$ a month if you provide at least 10 semi quality bearish manipulation posts per day on BCT. .....
Really, where can I sign? I'm currently doing this (well, not 10 per day ) for free.
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RyNinDaCleM I also have a question, if you don't mind: in your opinion where did the bear market of 2011 end, mid October or mid November? My problem is that the largest volume down was in mid November, but the appearance was of a flash crash, so it looked to me more like a half-failed first sub-wave of wave 1 that lead the sellers to believe it was going to drop to 1$.
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After? They probably patched their Linux servers by now, but the problem existed for over 20 years, who knows if it was already exploited?
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... if the technical part of Bitcoin stay as it is today, then simply Bitcoin wont survive for 20 years... and this is for sure.
You are bullish, in this case I'll only give it 4 - 5 years.
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...
I don't want to be trolled, i want to keep the thread clean, and flow nicely without interruptions / discussions.
Good that you want to keep it clean, but please correct your typos.
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