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Ted E. Bare
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June 23, 2016, 12:00:54 AM |
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Dear Matthew,
My feline friend, here is your buying opportunity at 600 bucks.
I hope that you remain strong this time.
Best wishes,
Teddy - blockchain specialist
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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r0ach
Legendary
 Offline
Activity: 1260
Merit: 1000
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June 23, 2016, 12:14:57 AM |
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$566 is the 61.8% level on the 'clean exchange' (Stamp). After such a shit storm, hard to see how that level won't be hit now Not sure how you talk about "they" all the time and didn't notice "they" had the catcher's mit out at $590. So it will probably rebound up from here. |
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MatTheCat (OP)
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June 23, 2016, 12:40:34 AM |
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$566 is the 61.8% level on the 'clean exchange' (Stamp). After such a shit storm, hard to see how that level won't be hit now Not sure how you talk about "they" all the time and didn't notice "they" had the catcher's mit out at $590. So it will probably rebound up from here.Had the Sell Off been slightly less dramatic...I might be inclined to start hunting setups around here...with BTC getting down to just $8 above the level I had my eye on.....but as things are....whole lot of despair in this market right now. A whole bunch of holders who are at the very edge of implosion, are hoping and praying with each rebound, that the market comes back to them (this category of Bitcoin holder are most likely to throw towel at VERY bottom), and then there are those who mistimed their buy-ins (a bit like yourself), who would welcome the opportunity to get out with thier shirts on their backs.. Key Whale levels and targets for me, or go home! $566 on Stamp would be a start towards piqueing my interest. |
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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June 23, 2016, 12:58:10 AM |
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and then there are those who mistimed their buy-ins (a bit like yourself), who would welcome the opportunity to get out with thier shirts on their backs..
I'm not in a bad position. I got out at $763 and dollar cost averaged buys as it went lower. The bigger question, will Mat throw the poll and vote yes so he can be a slave to unaccountable bureaucrats: "The most recent YouGov poll, for the Times newspaper on Monday, showed 44 percent of Britons would vote to leave the EU and 42 percent would vote to remain" |
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omegaaf
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June 23, 2016, 12:58:49 AM |
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Should I get in or out? Please tell me
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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June 23, 2016, 01:00:40 AM |
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Should I get in or out? Please tell me
The time to sell is already passed. Selling now is like putting on a seat belt after a car crash. You're far more likely to gain than lose now. |
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MatTheCat (OP)
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June 23, 2016, 01:07:46 AM |
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Should I get in or out? Please tell me
Grin and bear it mate. It is going to go down more but I can't tell you precisely how much further, but u can't sell now. Last pump n dump, I got caught up in the euphoria, and took a BIG position at $390...as BTC tanked way below my buy-in price...I struggled with the same dilemna that u have now...I resisted and resisted, until I could take no more, and I chucked the towel at $300. The bottom. You have to not do that!Had I just held out a few weeks, then I would have gotten my break even point, a week or two more...a healthy profit....u see what I am getting at. This is the nature of the game you are playing. This is what 'they' do, in order transfer your wealth, into their pockets. I don't know where you bought in....but when the bottom is found, this piece of shit will bounce and bounce good. But u need to exercise patience here, otherwise you are just going to end up throwing your wealth into the Chinaman's pockets. |
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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June 23, 2016, 01:11:51 AM |
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Should I get in or out? Please tell me
Grin and bear it mate. Last pump n dump, I got caught up in the euphoria, and took a BIG position at $390...as BTC tanked way below my buy-in price...I struggled with the same dilemna that u have now...I resisted and resisted, until I could take no more, and I chucked the towel at $300. The bottom. You have to not do that!Had I just held out a few weeks, then I would have gotten my break even point, a week or two more...a healthy profit....u see what I am getting at. This is the nature of the game you are playing. This is what 'they' do, in order transfer your wealth, into their pockets. I don't know where you bought in....but when the bottom is found, this piece of shit will bounce and bounce good. But u need to exercise patience here, otherwise you are just going to end up throwing your wealth into the Chinaman's pockets. HAHA First useful MatTheCat advice of thread (besides the going down more part, they had the catcher's mit out at $590). There was an Ethbutter named Etherwizard who had a short go -700 BTC at one point in Eth but he made it out in profit eventually. This is just the type of thing Mat is not emotionally constructed to be able to do. |
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MatTheCat (OP)
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June 23, 2016, 01:14:38 AM |
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Should I get in or out? Please tell me
Grin and bear it mate. Last pump n dump, I got caught up in the euphoria, and took a BIG position at $390...as BTC tanked way below my buy-in price...I struggled with the same dilemna that u have now...I resisted and resisted, until I could take no more, and I chucked the towel at $300. The bottom. You have to not do that!Had I just held out a few weeks, then I would have gotten my break even point, a week or two more...a healthy profit....u see what I am getting at. This is the nature of the game you are playing. This is what 'they' do, in order transfer your wealth, into their pockets. I don't know where you bought in....but when the bottom is found, this piece of shit will bounce and bounce good. But u need to exercise patience here, otherwise you are just going to end up throwing your wealth into the Chinaman's pockets. HAHA First useful MatTheCat advice of thread (besides the going down more part, they had the catcher's mit out at $590). It is alread below $590 u spaz....and showing NO SIGNS of reversing. Market Makers aint gonna buy here m8. It just isn't a level they are interested in. |
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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June 23, 2016, 01:19:51 AM |
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It is alread below $590 u spaz....and showing NO SIGNS of reversing.
Market Makers aint gonna buy here m8. It just isn't a level they are interested in.
They are staggered buys. The amount of shorts put in at a low level is so absurd that this might be the biggest bounce BTC has ever seen when it does go up. |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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June 23, 2016, 01:30:23 AM |
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So, that was it - the halving pump?  |
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MatTheCat (OP)
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June 23, 2016, 01:31:11 AM |
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It is alread below $590 u spaz....and showing NO SIGNS of reversing.
Market Makers aint gonna buy here m8. It just isn't a level they are interested in.
They are staggered buys. The amount of shorts put in at a low level is so absurd that this might be the biggest bounce BTC has ever seen when it does go up. Shorts on BFX are only around 15K...that is not a lot. |
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MatTheCat (OP)
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June 23, 2016, 01:33:23 AM |
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61.8% on Stamp hit!  |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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June 23, 2016, 01:35:00 AM |
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YES! thank you sir may I have another?
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MatTheCat (OP)
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June 23, 2016, 01:36:31 AM |
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So, that was it - the halving pump? Scroll up this thread, and you will see the first time I posted this chart, when Bitcoin was at $750.  |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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June 23, 2016, 01:40:18 AM |
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Back to $400s tonight YES! gonna buy back all those coins I sold in the $700s. Bitcoin, I love you so!
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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June 23, 2016, 02:40:40 AM |
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Below is a real life long I took on Bitfinex earlier, would have liked to have a lower average entry but I'm not too unhappy about it. I'd rather buy too high than entirely miss the bottom of this correction. Do you have any position at this moment Mat or are you too scared to do anything?  |
Bitcoin = Gold on steroids
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MatTheCat (OP)
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June 23, 2016, 02:48:39 AM |
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Below is a real life long I took on Bitfinex earlier, would have liked to have a lower average entry but I'm not too unhappy about it. I'd rather buy too high than entirely miss the bottom of this correction. Do you have any position at this moment Mat or are you too scared to do anything? Have just taken a pop at $575...... But doubt whether this is the end of this.......but in my book, the bounce is on. |
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Torque
Legendary
Offline
Activity: 3542
Merit: 5039
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June 23, 2016, 03:00:42 AM |
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Looks like a wimpy dead cat bounce to me.
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