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ridery99 (OP)
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January 06, 2017, 01:10:35 PM |
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I believe in bitcoin and I will buy more when it's still cheap. I believe cheap coins will be sold out soon and we will eventually go to 2k and then 10k quick moon
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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amacar2
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CryptoTalk.Org - Get Paid for every Post!
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January 06, 2017, 04:05:23 PM |
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I believe in bitcoin and I will buy more when it's still cheap. I believe cheap coins will be sold out soon and we will eventually go to 2k and then 10k quick moon
This dump is just a correction which went worse after Yuan got stronger but as we all know yuan may follow same downward trend like last year, so this is just temporary. Price will soon find floor at $1000 level and we may see next big surge pushing price beyond $1500 easily.  |
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DefendKebab
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Hassan Al-Kebab
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January 06, 2017, 04:08:39 PM |
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600 dollar is more likely.
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Güçlü Türkiye Kebab Defenderler
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MANCRYPTOS
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January 06, 2017, 04:39:37 PM |
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600 dollar is more likely.
Yes agree but for whom, 600$ is good? Of course for me it is good, because I need to catch low price to buy them and then hold, but who bought it when the price was 1100$ is very bad |
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talkbitcoin
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All I know is that I know nothing.
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January 06, 2017, 04:46:49 PM |
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I believe in bitcoin and I will buy more when it's still cheap. I believe cheap coins will be sold out soon and we will eventually go to 2k and then 10k quick moon
eventually yeah. but for now they are clinging to anything they can to push the price down. - the spam bot of this board is at full capacity posting the same crap again and again. - the shill known as kwukduck is active again - the lies about China banning blah blah started up again. - so much more FUD in my experience when this situation is the hottest, there is a rise on the way and they are trying to fill their pockets more with cheap coins of weak hands. |
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Kprawn
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January 06, 2017, 04:59:51 PM |
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Give it some time, people from China are not stupid. They will soon realize what is going on, and then they will re-invest again. We see this every time when the price goes up. This time it was the Chinese rumors and the rumors about Coinbase being hacked that triggered this. We will soon see a bounce back, when people start to calm down again after the panic sell. I estimate that we could have a average price of $1000+ for the duration of the first quarter of 2017.  |
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BitcoinBarrel
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Fill Your Barrel with Bitcoins!
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January 06, 2017, 05:01:07 PM |
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I bought more btc at $800 before the spike, could have cashed out and made a small 20-30% ROI.
But like I've said before, I'm not in this for small returns. Will buy more as it bottoms out. This Bear trap will catch many of the non-believers.
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cpfreeplz
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January 06, 2017, 05:01:13 PM |
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600 dollar is more likely.
Yes agree but for whom, 600$ is good? Of course for me it is good, because I need to catch low price to buy them and then hold, but who bought it when the price was 1100$ is very bad If you bought at $1100 you were way late to the game anyways so way to go lol. $600, I doubt it. Maybe if we have a huge huge panic, but I really doubt that's going to happen. This correction was inevitable because the price skyrocketed up but the rises before this were very steady. We'll probably be fairly stable around this price now. |
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Wilhelm
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January 06, 2017, 05:01:59 PM |
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Looking at the 30m bitstamp charts you can see BTC crawling to the upper side of the bollinger bands.
Every time it gets there somebody dumps coins and it hits the bottom band (doesn't move there, it gets slammed there).
So in my opinion this is bullish. BTC wants to go up but is held back.
We are probably just pushing through the people (who bought into the last ATH) getting their money back or early adopters cashing out.
Once we get through the dumpers we will start moving upwards again.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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BitcoinBarrel
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Fill Your Barrel with Bitcoins!
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January 06, 2017, 05:19:06 PM |
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Why ANYONE would cash out when the block reward halved just a few months ago, is beyond me.
It's what Bitcoin is all about. 1500% ROI here we come!
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Wilhelm
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January 06, 2017, 05:41:32 PM |
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Why ANYONE would cash out when the block reward halved just a few months ago, is beyond me.
It's what Bitcoin is all about. 1500% ROI here we come!
1500% ROI I would put my feet back on the planet The halving was long coming and has been calculated in before we hit the halving. So I don't think the halving has much to do with this. If you bought at $1100 in 2013 you might be happy just getting your money back. If you bought many BTC at $1 you might cash out and live a rich life. But then again I think this might just be a healthy correction due to the steep rise we just encountered. |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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btcmerich
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January 06, 2017, 05:41:46 PM |
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10k??? it did struggle at 1k-1.3k range. maybe in 5 years time we will see 10k but i doubt it . Stop dreaming and make money now as much as you can do not sit on your money and dream about what can be
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BrewMaster
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There is trouble abrewing
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January 06, 2017, 05:49:07 PM |
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Why ANYONE would cash out when the block reward halved just a few months ago, is beyond me.
It's what Bitcoin is all about. 1500% ROI here we come!
saying things like 10K price and 1500% ROI (which is $12800) is as worthless as saying bitcoin is going to crash to $50 this is speculation topic and it has turned into a place for people to say random stuff and some others spam FUD... |
There is a FOMO brewing...
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cpfreeplz
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January 06, 2017, 06:04:56 PM |
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Why ANYONE would cash out when the block reward halved just a few months ago, is beyond me.
It's what Bitcoin is all about. 1500% ROI here we come!
saying things like 10K price and 1500% ROI (which is $12800) is as worthless as saying bitcoin is going to crash to $50 this is speculation topic and it has turned into a place for people to say random stuff and some others spam FUD... Thank you! Ya, 10k won't be happening over night. Some day for sure because 16b market cap is very small (or whatever we're at right now. Something between 14 and 18 lol). It's volatile but not that volatile anymore. Gone are the days of 1500% ROI in a matter of days/weeks. |
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BrewMaster
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There is trouble abrewing
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January 06, 2017, 06:23:49 PM |
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Why ANYONE would cash out when the block reward halved just a few months ago, is beyond me.
It's what Bitcoin is all about. 1500% ROI here we come!
saying things like 10K price and 1500% ROI (which is $12800) is as worthless as saying bitcoin is going to crash to $50 this is speculation topic and it has turned into a place for people to say random stuff and some others spam FUD... Thank you! Ya, 10k won't be happening over night. Some day for sure because 16b market cap is very small (or whatever we're at right now. Something between 14 and 18 lol). It's volatile but not that volatile anymore. Gone are the days of 1500% ROI in a matter of days/weeks. there never was "days of 1500% profit or ROI" even the biggest rise in the history (the 2013 rise to $1100) started from ~$200 and that is just 450% rise over the course of 2 months (2013/10 to 2013/12) and it is worth mentioning the same rise took bitcoin 2 years to achieve with a solid slow rise with a strong buy support. |
There is a FOMO brewing...
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cellard
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Merit: 1250
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January 06, 2017, 07:10:38 PM |
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Why ANYONE would cash out when the block reward halved just a few months ago, is beyond me.
It's what Bitcoin is all about. 1500% ROI here we come!
saying things like 10K price and 1500% ROI (which is $12800) is as worthless as saying bitcoin is going to crash to $50 this is speculation topic and it has turned into a place for people to say random stuff and some others spam FUD... Thank you! Ya, 10k won't be happening over night. Some day for sure because 16b market cap is very small (or whatever we're at right now. Something between 14 and 18 lol). It's volatile but not that volatile anymore. Gone are the days of 1500% ROI in a matter of days/weeks. there never was "days of 1500% profit or ROI" even the biggest rise in the history (the 2013 rise to $1100) started from ~$200 and that is just 450% rise over the course of 2 months (2013/10 to 2013/12) and it is worth mentioning the same rise took bitcoin 2 years to achieve with a solid slow rise with a strong buy support. The 2013 rise started actually from about $110. 2013-10-7 price shows as $115 average, then 2013-11-25 we had the $1163... pretty fast rise. But this time we have been growing since the $152 bottom in early january 2015 all the way up to the recent $1139 peak. This is obviously not the same as 2013. There will not be a major correction, we will be at $1000 sooner than most people think again. |
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Amph
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January 06, 2017, 07:29:45 PM |
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600 dollar is more likely.
very unlikely, market is stabilizing at $900, anyway i believe the true bottom is 750, new bottom can still be 1k after the next rally |
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Biodom
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January 06, 2017, 07:38:10 PM |
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The 2013 rise started actually from about $110.
Did you actually looked at the relevant chart? BTC started year 2013 from $13 or so. First peak in April at $266, then bottomed at around $70 during summer. $110 is an artificial time point to start. |
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Amph
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January 06, 2017, 07:54:40 PM |
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The 2013 rise started actually from about $110.
Did you actually looked at the relevant chart? BTC started year 2013 from $13 or so. First peak in April at $266, then bottomed at around $70 during summer. $110 is an artificial time point to start. that was a fake pump anyway, the new bottom was in fact $200 the correct way to view that pump is from 13 to 200, the rally to 1200 was forced and artificially induced |
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