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Yes I also think new all time highs in bitcoin in 2016
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Another waste of time thread. OK trend reversing. On what evidence. OP has nothing. NOTHING Evidence is the price. Maybe now you can see this for yourself? It all started at December 20th. Not everyone is fast to catch on. I dont see much evidence of trend reversal. The price is $420 when only a couple of months ago it was half of that! Why is your username ING bank ?
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If bitcoins dies, Dash will take number one spot. It already has more full nodes than bitcoin, and incentivises people to run them.
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A good read indeed. I've always suspected that the tensions between the US and Russia are just a played act. All wars are bankers wars. What I take from those articles, Just as in WW2 boths sides funded by same banks. Quietly Putin is now supporting the IMF however still portrayed as on opposing side in relations with NATO etc in the media. New cold war is simmering (and manufactured). Meanwhile bankers are creating financial crisis with their disasterous policies.War is the distraction. Isis is manufactured to these ends also. The plan is that out of chaos rises centralised currency system emerges (SDR), along with a new world order. Luckily bitcoin might disrupt some of these plans. How well will SDR compete with bitcoin and gold. I don see a centralised fiat currency working. I already look forward to the failure of the SDR
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To be completely honest with you, I think David Icke is either insane, or a big conman that with his personality has managed to gather a cult of following that buy on everything he says (kinda like Stephan Molyneux but without the reptilian stuff).
David Icke ? those links were from Brandon Smith
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There's no bitcoin scarcity. There are MILLIONS of them being dumped EVERYDAY. There's no mass adoption either. Nobody else around the world gives a sh$t about bitcoins. Only a chosen few here on the forum are constantly beating drums about $350K, $500K, or even $1million bitcoins.
The recent rise in price is due to the whales and manipulators drumming up the price in Anticipation of the Halving in July 2016. It's already being priced in. We might go up to $500-600, but that will be the upper range. If you are expecting $1000+, you will be sorely disappointed.
Millions being dumped is also millions being bought by stronger hands.
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Every halving will be a radically different beast as four years is a lifetime in cryptoland. I wonder whether there was one single media mention of the 2012 happening. There's no real way of predicting what'll happen this time around. Either way it'll be intriguing to sit back and watch.
I don't remember the 2012 halvening being anything spectacular. In fact, it was pretty much a non-event other than the announcement of the guy who solved block 210000 with a radeon graphics card or something, Laughingbear I think his name was. And the guy won some kind of prize or bounty iirc or maybe just the fame of being known as the one who solved it idk. But yeah, other than that, it was business as usual as the halvening had already been priced in. Are you kidding? The price ran up to new all time highs last time there was a halving! Or is my memory wrong
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The halving mania is coming.
Dont get shaken out by all the useless fearmongering threads, non of which have anything constructive to say or evidence for their bearish predictions.
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Another waste of time thread. OK trend reversing. On what evidence. OP has nothing. NOTHING
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After the 2 year bear market, after the meteoric rocket rises, we've entered the stage of mediocre growth. As evidenced by the recent developments since October 2015, you can see that btc price goes up gradually, like 10% over a month's time. After these mediocre growth, profiteers come in and drive the price down a bit. The cycle goes on.
If you bought $1000 bitcoins, I pity you, we will never see $1000 coins ever in our life time.
Folks, this is the way it's going to look from now on. No more moon rockets, and no more steep crashes. Enjoy and have a nice day!!!
You really believe this
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Update to the bullish fork Im monitoring Bitcoin didnt manage to retest the midline but is finding support on next line down. In short term might go down but trend still looks up to me. Might be painting the dead cat bounce (bear trap) Ive expected for a while
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The title of this thread says there is a sign that price will go down. What was the sign ? I think trend is up.
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Bitcoin taking a couple of days breather before another attempt to break up through middle of this bullish fork.
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I wonder why on earth central banks are bothered by monetary competition with a form of money which and I quote
"There is no underlying or backing of assets and the value of virtual currencies is speculative in nature"
Its because they care about us. Ah bless those bankers. merry christmas
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There is no long term linear trend.
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thanks for the reminder . care to share the link where you originally posted this forecast? More than likely, I have deleted the chart from my imgur account. Here is an updated one. it seems we are on the edge of a cliff.... I do keep it as an option which is why I had it to post the updated chart, but it is by no means the only option. No need to panic yet With halving coming soon I think that kind of a decline quite unlikely from here. I think there is a chance there could develop a bear trap that starts off looking that way though..
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@OP why is this a high price? What do you think is fair price of a bitcoin ?
In my opinion a large part of this rise is because bitcoin became oversold after the last bubble correction. Mix into that the halving coming up soon and theres another reason to be bullish. Also consider that the stock market looks like its going to tank. And banks are making noises about negative interest rates and banning cash! Look at capital controls in debt laden economies, money printing and zero interest rates.
You will be back here soon bitching because you sold at $450 and don't understand why its now heading past 2K
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