But keep being scared of big bad Govt, not these kike corporations. Libertards will save us !
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Feels like we are experiencing a repeat of late September/November 2014 the last week or so - a tiny pump (in the grand scheme of things) before the final drop a few months away (January 2015). This would put us at roughly late February/March 2019 for the final drop in this cycle. Hopefully I'm wrong and we've already seen the final drop, in which case we may see a bigger bull run heading into next year, but we need to get above $6k and hodl there with confidence for a bit of time first.
I vividly remember that 30K wall @300. Was feening to deposit fiat, but it was a weekend. Everyone thought the bear market was over, cuz the wall got eaten so fast.
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.....and the sucker's rally begins
And one more short squeezed n00b here to FUD The noob that bought in at 10 bucks. Ok, guy.
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.....and the sucker's rally begins
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Good trading range over the next 6 months or so. Doubtful the train is leaving, yet. You can accumulate alot of coins trading in this 2.5-5K range, easy 30-50% swings. I, for sure, will be selling into this incoming bull trap.
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Hard to believe the bottom is in, without a high volume daily bar ala jan '15.......likely, the last bull trap before capitulation
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Ok, so Proudhon popped his head up in here ? Thank you btc gods, for giving us a sign...
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I got some bids at 999, in case of a fat finger. That shit happened at Finex yrs ago, flashed to 100.
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Never-ending bear flags on the hourly.
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so we're post that?
I still don't reckon we're there myself. There needs to be a proper titty trembling moment. The last bubble's low was such a shocker because up until then everyone was adamant it could never go below its previous ATH. In the end it was over $100 lower than $266. This time around I think the ultimate shocker would be a return to three figures. Kind of apples and oranges, tho. That bubble rose 5X from previous high. This one 20X. Triple digits could happen, still.....but highly unlikely imo
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Something positive:
Indicators say its quite oversold so chance of a bounce is there
My guess is heavy defense @$2900. One more pump up. Then capitulation.
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Calling it...
Final low on Bitstamp ----> $2236
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Im buying like a Mofo at 3K, even if it aint the bottom it will be defended bigtime and is a good short term trade.
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So... which price will be the bottom?
Interestingly, it's almost like at the BTC/BCH fork happened more than 1 year ago.
If i were just starting out, i'd dollar cost average. 4.5-3K. I'd be astonished if it got below 2K, set aside dry powder just in case.
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I think that CSW asshole shorted the market big time before engaging in the ridiculous war against Ver/Jihan. He always knew he couldn't win.
Yep, perhaps that prick pulled a stunt. It does feel different then '15, was more like an organic capitulation back then.
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It's interesting how even long timers forget how this market works. This is nothing out of the ordinary, just annoying.
The amounts on the table are *WAY* higher than in the past. That's why. Not really. Percentage wise, it dropped more in 15' and 11'.....90%+
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It's scary to catch a falling knife, but you buy now and hold a few yrs, you're good to go. Even if it goes to 2-3K, u'll still make off like a bandit.
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Anyone's fingers shaking, while they type ? lol
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This is the washout of johnny-come-latelys we were waiting for. Might flash crash to 3K, but this is 'darkest before dawn'
You can tell your grandkids bout this moment...
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