Where are the BCH boyz ? They seem quiet lately
 No, wait, they got it wrong I guess ... The whale game isn’t over yet. BCH difficulty is currently going into the ground and the new DAA has a throttling mechanism that stops it rising quickly when a large amount of hash power is applied. I recommend taking defensive positions in your portfolio. I predict more fireworks timed for the weekend. |
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Bitfinex down for anyone else?
*edit*. Annnnd it’s baaaack.
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There's an aspect not much thought about - difficulty adjustment is going to be very inconvenient regarding S2X activation:
- Estimated Next Difficulty adjustment: After 821 Blocks, About 8.6 days
- SegWit2x Activation Countdown Timer: 11d 16h
This means next difficulty adjustment will be almost exactly 3 days before the fork. If we suppose mining power split somewhere along the half/half lines, the adjustment after that will come not after 14 days as it should, it will realistically be somewhere around (14 - 3) * 2 + 3 days = 25 days, somewhere around December 11th. It would be much better if the difficulty adjustment is three days after the fork, not three days before.
People need to accept things are going to go to shit for a couple months while the dust settles over SW2X. Everyone would be better off just going to beach resort for a couple months and forgetting about the whole thing and let it all blow over. |
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Where is the floor actually?
I think it might be around $5800-$6200, what do you think?
It’s way lower than that. I’m prepared for it to retest 2013 peak of $1240. Blood. in. the. streets. I think this would put it below mining costs. That has happened before. |
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Where is the floor actually?
I think it might be around $5800-$6200, what do you think?
It’s way lower than that. I’m prepared for it to retest 2013 peak of $1240. Blood. in. the. streets. |
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What is going on...
Fire and brimstone coming down from the skies! Rivers and seas boiling! Forty years of darkness! Earthquakes, volcanoes... The dead rising from the grave! Human sacrifice, dogs and cats living together... mass hysteria!Please not the cats and dogs ! And please can we slow down a bit while I move more fiat onto the exchange. I would like some left over for me you greedy bastards. |
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What is going on...
It's dropping too fast now - not sustainable. It will correct and then drop more slowly. |
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$1939. 800 coin dump on BFX. It's starting to get exciting !
Its going to 1200$ again?  It's going to $1150. It's going to be a wild ride and this is our theme tune: https://m.youtube.com/watch?v=K2ku1A5Ox8U |
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$1939. 800 coin dump on BFX. It's starting to get exciting !
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OkCoin at 20380 CNY / $2997. Threatening the US$3k mark.
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i find the lack of choo choo memes as we are about to cross $2k really interesting. Are we all so scarred from the past 3 years that we no longer have high expectations and are happy just to quietly enjoy the ride? I ask because that is my current mindset - it really wouldn't bother me if we dropped $500 or shot up another $500.
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Call me crazy, but I think we consolidate here for 12 - 36 hours. Momentum is sapped for now. I took out a small short position with a trailing stop. Time to sleep. After the markets rest, we can start the FOMO.
I hear you but tough call to say the Chinese honey badger is sated. I made the same call yesterday at the same time but turned out to just be badger nap time. China shows 3 pushes to new highs with declining momentum each time (over the past 12 hours, easiest to see on 15 minute charts). It just made a similar 3 push move on smaller time frames ending in a double top around the psychological barrier of 8888. It's already starting to turn down. If I'm wrong, I lose what I made with long positions tonight. If I'm right, I can double or triple what I made. Either way, the vast majority of my stash is safe and sound. Good night and good luck  Indeed. Just because I was wrong yesterday doesn't prevent me from being wrong today for opposite reasons. Good luck. |
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Call me crazy, but I think we consolidate here for 12 - 36 hours. Momentum is sapped for now. I took out a small short position with a trailing stop. Time to sleep. After the markets rest, we can start the FOMO.
I hear you but tough call to say the Chinese honey badger is sated. I made the same call yesterday at the same time but turned out to just be badger nap time. |
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When I am typing this is the US Dollar price comparison among these exchanges Bitstamp 1117.93 BTC-e 1089.48 Bitfinex 1149.9 Okcoin 1169 Everybody can have his own price  I think you mean $1269 for OKCoin? |
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$120 gap between Huobi and BFX and widening
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8,800 Incoming... I said it before, and say it again:
Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.
8,800? I mean why not right?
Yup Huobi says why not ! Done! |
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Here I am sitting in bitcointy watching Huobi repeatedly hit "All Time High" It's quite addictive.
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WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.
People are sleeping? Seeing as it is 1pm in China I am going with 'no' Bitstamp is not in China. Apologies misread the context ! |
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WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.
People are sleeping? Seeing as it is 1pm in China I am going with 'no' |
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