Is it true?
I ignored him because that is all he ever says. Usually after heavy selling. |
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Well, the price being 252$, it means that everybody who who owns bitcoin thinks that they are worth more than 245$; but, on the other hand, everybody in the world who has some money to spare thinks that 1 BTC is not worth 255$.
You really are not much of an economist, are you ? No appreciation of logic either. Not everyone with spare cash has heard of bitcoin yet. How could they think that 1 BTC is worth 255$, if they haven't even heard of it?  Don't you have better things to do with your time? Walls on finex and huobi to cap below 250/1600 |
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Btw that dump is hilarious. Nice way to try to smash finex bid side orderbook lol.
Also love the complete lack of any follow-through selling whatsoever.
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morning gents! i must ask the age old question... is crypto done??   Yep time for you to go on ignore. |
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Correct. I am from Norway, thats why I used a period to mark multiples of thousands. Still, nobody is commenting on my pie charts. I had to convert 200+ currencies manually to make them. But people only care about comma vs. period! I'm loosing my mind, HA HA HA!!! <--- (Crazy norwegian laughing in a creepy way.) The pie charts are here: https://imgur.com/KA8CuEDIt's because we all know ((or most of us) or some of us)) know this already. Plenty of talk around bitcointal on the possible value of bitcoin if X event happened - especially along the lines of M1 etc  Relax noob. They viewed it It is all a load of rubbish anyway. Like any commodity or share, if 1% of hedge funds bought in it would drive the price fantastically higher than 1200 measly dollars. There is a difference between money flow and market capitalisation. |
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...
Or you can be your own bank...
Why do so many here want to be their own bank? Why not start off with something reasonable, like be your own plumber, or garbageman, or proctologist? Right, but once you're already your own plumber, garbageman and proctologist then banker is certainly up next. Some of us already are proctologists :p |
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Maybe they're referring to NYSE investing in Coinbase. I was also thinking about NYSE's investment in Coinbase when I read the article. But NASDAQ published this yesterday. They are obviously not hinting about something that happened weeks ago. It's just a gut feeling from my part. Read the article and judge for yourself  Good find Norway. I normally cringe at such rampant speculation but this thread has seen far worse so now I will provide my own wild theories to the mix  I think this gives some weight to that mention from the bitcoinmagazine newsletter (posted here and in /r/bitcoin) wherein they suggest that somebody has provided the largest funding ever to an unknown bitcoin startup. Apparently some stealth bitcoin startup is getting more funding than coinbase! What if somebody like JP Morgan is funding the largest ever bitcoin private sector bitcoin project. JPM is apparently hiring bitcoin talent, maybe they need somebody to help them manage their huge new investment. And what if this startup is working on something huge, like a bitcoin based replacement for the SWIFT interbank transfers system. And what if the folks behind the massive runup in USD swaps on finex are perhaps "in the know" on this matter. What if. There has been no massive run up in USD swaps..They are up slightly, sure. Bfxdata.com is a useful resource. |
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Bears getting scared.. |
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I have to admire LambChop's relentless bitcoin dissing.
We will remember your efforts when we are sipping Dom Perignon on our yachts in Monaco.
You won't even remember him in six months.. |
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1w, 1d, 12h, 6h, 4h - all green!
Trolls nowhere to be seen..why!?!? |
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Just keep buying a little each month to add to your stash (cold storage).
We are at the end of a brutal bear market.
The future is uncertain but bitcoin is a great assymetric position to hold for the next five years. Despite everything you still got in early and if bitcoin takes off then the difficulty will be not selling if the price shoots up again.
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Ask side is looking thin but again those $17.6MM (and growing) in longs had A LOT to do with that. If not for that i'd be really bullish
It used to be 30 million USD.. Whales are just waiting for buying to drive the price upwards. It seems pretty obvious that heavy selling pressure has ceased. Heavy specs are now long and retail are short. Up up and away! |
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There doesn't appear to be much money on bitstamp...Expect other exchanges to lead.
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Any other Brits on here?
A few. Moooooooooooooooooo I am in good company then.. |
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Plus if it's lower than September 2013 maybe it's a good sign, that month preceded the start of the big rally The baseline volume is higher than the last bubble so I think we are all good. Adam are you omnipotent? |
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What about off chain transaction volume? |
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The matrix has shifted. Can anyone else feel it?
In the UK we call this "sunshine" (little joke that anyone in the UK will get today) happen to be in london today. and yes, sunshine is confirmed. Slightly more dreary in brum |
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h
i think he is right....'chinese miner' gonna dump on us again here soon.......inevitable ..... however i think we will keep recovering and moving higher though overall . we finally won the battle for 240 250 ..
The idea widely promulgated that 'Chinese miners' are responsible for selling thousands of coins in one minute on all exchanges is a fiction. Why would anyone who obtains payment for farming a commodity want to a) sell it for a lower price than they could otherwise obtain, or b) actually negatively effect price and sentiment of the commodity over the longer term with their supply by selling it all suddenly into the orderbooks? If we exclude OTC sales, and the likely significant % of miners who do not sell and instead assume all 3600 coins are sold daily, then spread across all the exchanges in the world that is 2.5 coins a minute sell pressure. Nothing really. From 2016 it will be a massive 1.25 coins a minute. Hold me. Oh and if you insist on quoting lambtroll - I cannot be the only one to spot the irony in him talking down about someone else having their life ruined by bitcoin lol.. |
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Another Nagle prediction..
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