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WiiD (OP)
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June 12, 2016, 09:11:17 PM |
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FOMO starts. Buy or die.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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richardsNY
Legendary
 Offline
Activity: 1232
Merit: 1091
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June 12, 2016, 09:15:13 PM |
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I don't even have enough time to look at the price because every time I come back after 5 or 10 minutes the price has gone up, lol. Feels great that I so far haven't even sold a single Satoshi. Keep holding!!
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NyeFe
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June 12, 2016, 09:15:51 PM |
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I don't even have enough time to look at the price because every time I come back after 5 or 10 minutes the price has gone up, lol. Feels great that I so far haven't even sold a single Satoshi. Keep holding!!
I would sell in 1 month. Things are going to explode! |
MicroDApp.com—Smart Contract developers. Lets build a decentralized future!
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talks_cheep
Legendary
Offline
Activity: 1036
Merit: 1000
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June 12, 2016, 09:17:03 PM |
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Yep, a bubble has been forming and is definitely getting bigger and bigger. FOMO is a force to reckon with.
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Karpeles
Legendary
Offline
Activity: 1162
Merit: 1000
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June 12, 2016, 09:18:33 PM |
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$100 rise in a monday.
The next 24 hours are critical, either we will see a even bigger buy or a dump.
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Biodom
Legendary
Offline
Activity: 3752
Merit: 3869
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June 12, 2016, 09:22:27 PM |
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reddit says something about Belgian bank kicking the bucket.
Funny, news are NOT in English (yet)
Much better explanation than chinese buying.
If true, we will go higher.
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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June 12, 2016, 09:23:21 PM |
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Why the hell would the Chinese give the remotest shit about a Belgian bank having problems?
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Biodom
Legendary
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Activity: 3752
Merit: 3869
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June 12, 2016, 09:24:49 PM |
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Why the hell would the Chinese give the remotest shit about a Belgian bank having problems?
and who said that we rose because of chinese? |
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elux
Legendary
Offline
Activity: 1458
Merit: 1006
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June 12, 2016, 09:32:19 PM |
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and who said that we rose because of chinese?
Very simple! The price of Bitcoin says so: Huobi price: $713 Bitfinex price: $672 |
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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June 12, 2016, 09:32:30 PM |
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I don't even have enough time to look at the price because every time I come back after 5 or 10 minutes the price has gone up, lol. Feels great that I so far haven't even sold a single Satoshi. Keep holding!!
I would sell in 1 month. Things are going to explode! Yeah, I will start securing some profits as soon as the prices in the west will sail above $700. And I will secure some profits just a few days before the block halving. I believe the price will come down heavily directly after the block halving. I will make sure I sell on time. |
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Frost
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June 12, 2016, 09:33:32 PM |
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The word "moon" will be everywhere again, I did expect it.
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Biodom
Legendary
Offline
Activity: 3752
Merit: 3869
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June 12, 2016, 09:47:31 PM |
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and who said that we rose because of chinese?
Very simple! The price of Bitcoin says so: Huobi price: $713 Bitfinex price: $672 that is nothing, it just reflects the speculation level. so, what does btc-e low price reflect? if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up. |
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criptix
Legendary
Offline
Activity: 2464
Merit: 1145
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June 12, 2016, 09:49:23 PM |
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Mhm maybe its time to take profit now.
I was leverage long around 500.
Feels kinda tight now :8
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talks_cheep
Legendary
Offline
Activity: 1036
Merit: 1000
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June 12, 2016, 09:57:59 PM |
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and who said that we rose because of chinese?
Very simple! The price of Bitcoin says so: Huobi price: $713 Bitfinex price: $672 that is nothing, it just reflects the speculation level. so, what does btc-e low price reflect? if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up. Denial is strong in Biodom. Weeks long, Chinese have been buying in massive scale. Western banks have been closing since 2008 and nobody gives shit. CNY has been slowly devaluing, Chinese are converting their money to dollars, gold and btc. That's what's driving the price rise. |
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emanymton
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June 12, 2016, 10:14:09 PM |
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and who said that we rose because of chinese?
Very simple! The price of Bitcoin says so: Huobi price: $713 Bitfinex price: $672 that is nothing, it just reflects the speculation level. so, what does btc-e low price reflect? if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up. Denial is strong in Biodom. Weeks long, Chinese have been buying in massive scale. Western banks have been closing since 2008 and nobody gives shit. CNY has been slowly devaluing, Chinese are converting their money to dollars, gold and btc. That's what's driving the price rise. Agreed, arbitrage will see the prices in the west follow the chinese price. I'm not sure why the chinese are buying but it looks clear that they are driving the rally. The reason why gox was higher than the others in the past was due to no cash withdrawals for months before the collapse. |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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June 12, 2016, 10:19:39 PM |
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China just reached $725 while Bitfinex & Co are more than $45 behind at the moment. It's a huge gap that need to be filled.
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Biodom
Legendary
Offline
Activity: 3752
Merit: 3869
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June 12, 2016, 10:34:57 PM |
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and who said that we rose because of chinese?
Very simple! The price of Bitcoin says so: Huobi price: $713 Bitfinex price: $672 that is nothing, it just reflects the speculation level. so, what does btc-e low price reflect? if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up. Denial is strong in Biodom. Weeks long, Chinese have been buying in massive scale. Western banks have been closing since 2008 and nobody gives shit. CNY has been slowly devaluing, Chinese are converting their money to dollars, gold and btc. That's what's driving the price rise. Agreed, arbitrage will see the prices in the west follow the chinese price. I'm not sure why the chinese are buying but it looks clear that they are driving the rally. The reason why gox was higher than the others in the past was due to no cash withdrawals for months before the collapse. not so re mtgox, the price on it it was higher even before no cash withdrawals. to me, high level on chinese exchanges reflects no cost transactions, high leverage (up to 1:20, which is crazy) and, maybe, also stronger desire than in the west to diversify from their local currency for btc in a situation where they are limited by the $50K cap on foreign exchange. Chinese companies themselves think that btc price on their exchanges is fake (overpriced). |
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oblivi
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June 12, 2016, 10:35:32 PM |
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Why the hell would the Chinese give the remotest shit about a Belgian bank having problems?
and who said that we rose because of chinese? China has trillions of potential dollars that want to come in Bitcoin because gold is shit to move from country to country, and all stocks are worthless. Then the west will wake up and start stacking up as well. Bitcoin $1,000+ soon, EASY. |
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alyssa85
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
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June 12, 2016, 10:36:46 PM |
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Remember guys that there are loads of people who bought at $600+ in 2014 who have been holding waiting for the price to go back up. Some of them will sell, just saying...
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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June 12, 2016, 10:53:59 PM |
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Remember guys that there are loads of people who bought at $600+ in 2014 who have been holding waiting for the price to go back up. Some of them will sell, just saying...
If you've sat it out for 2-3 years and the price is looking rather explosive would you sell for a $5 profit? |
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