well, most of the people who are watching prices noticed.. I wonder why;D
Its just the bubble is deflating a bit. its not possible for prices to grow indefinitely without corrections.
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bought few around 2200, will buy more if it gets lower
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The Fed raised rates today. So there's that.
No more free ride for hot money?
It could be a combination of factors. Bitfinex is lower than stamp and seems to be leading the dip. Someone's dumping coins on finex. Wouldn't be surprised to see a lot of hot money dumping btc to run and start accumulating that IOTA crap, whatever the hell that is. They'll accumulate at 0.50c for a while, then start pumping it. Altlandia: what a complete farce of a shitshow market that is. I dont know wat it is, but im not buying it at 0.5. but you are likely right with the pump. it was added to be pumped. why else D
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yeah i can confirm. i didnt have too much there and it took months, but i got everything back.
but IOTA is currently @ 0.545 there, and its way much higher than where i would consider buying. maybe i can try to buy very little amount just for fun.
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proper name would be ISHO (initial shitcoin offerings). or something like that. Anyway. all those scam artist will likely have to get bitcoins to cash out their new fortune
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me too, but its not possible yet "until order book is filled". i can buy it, but the price is too high, not worth it now
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morning Added few more into thin ether shorts, Later i plan on to set up buy orders for bitcoin starting from 2200 to 1500. (just for case it gets there. but technically its not out of question. (Only its not easy to apply forex technical analysis on cryptos)
closed all shorts just now. now im waiting for some rebound, I expect them to pump it up a bit higher soon, to refill orderbook for next dumping. My target for price where i will start buying bitcoin remains same. no buy orders set yet, there is still time for it later. No BTC shorting from me anymore
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Cryptocoins are valued by consensus. I am not seeing enough consensus for IOT to be worth a billion
So, this smells fishy.
Right now it's only available on one exchange that is currently blocking deposits... So the real price could be much lower. When will they allow deposits? bitfinex is blocking deposits? didnt know about it
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2,779,530,283,277,761 total supply IOTA
that must be a joke
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I love BTC and ETH may be a ponzi but the fact is ETH is overtaking it as the world's largest crypto and that's certainly bad for BTC!
dont worry about it; how do you think all those scam ICOs admins will withdraw their new riches now? give it some time
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Good morning Bitcoinland.
Taking a little breather on the way back up after yesterday's correction/profit-taking.
About halfway back...$2740USD (Bitcoinaverage).
That's OK. We still have 5 days to turn the weekly candle green.
imo it will have pretty hard time to get past resistances @around 2800 and 2900 (finex,stamp)
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morning Added few more into thin ether shorts, Later i plan on to set up buy orders for bitcoin starting from 2200 to 1500. (just for case it gets there. but technically its not out of question. (Only its not easy to apply forex technical analysis on cryptos)
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i decided to try to catch dead cat bouncing and shorted few ETH at 369 will add more on the way up/ after some chart analysing i'll wait with bitcoin buying. there is a hope to buy bitcoin below 2000
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Total market cap still didn't drop as much (in % term) as in the May. So this is either just small correction of the uptrend, or (i think more likely) it will get deeper down in following days/weeks. Not easy to tell now.
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wtf is happening? from 408 to 300 and to 350 now in few hours?
maybe its just a bubble vanishing into thin ether it will bottom out eventually, but imho it won't be above 300. so i think there will be some more dumping in coming days, maybe weeks., perhaps after some rebound. but it may be the good news for those who waited to buy cheaper.
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So it happened after all. i was off one day. they just wanted to print 3000 on the charts. whats positive is, that lots of shitcoins will be dumped hard . bitcoin should come out stronger aftar the dust settles
This is for all who are feeling that they made a bad deal buying in high. If want to sell, place your sell order around 3k, wait for 2-4 days, be happy. Holders, they dont care. It is going up anyway. There is going to be panic sells, get them!!! I have once sold at bottom at dip. MY BIGGEST LOSS EVER! Not just panic sells. there will be margin calls on leveraged longs. Some of this forced sellings probably already happened, we may learn about them later in crypto news. Even with small 1:3 leverage it doesnt take much. and it dropped more than 20%
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ETH is still down only 10% compared to > -20% for other coins, according to my trading platform. Now there is some buying around 300, on other coins as well. but i think it will be just temporary retracement.
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So its finaly here. it was about time for this bubble to pop. Now lets see where it settles.
Any tips for bottoms? Some coins may be already near the minimum, but most of them can still go much deeper. Dont expect new all time highs any time soon
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So it happened after all. i was off one day. they just wanted to print 3000 on the charts. whats positive is, that lots of shitcoins will be dumped hard . bitcoin should come out stronger aftar the dust settles
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