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freebit13
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July 06, 2015, 02:54:44 PM |
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Jeez another 200k sell wall @ BTC-e. Do these guys honestly think 270 is a good price for their Bitcoins? Or are they just trying to keep the price down?
They'll run out or coins to mess around with soon & then the price will settle at what it should be. I always wonder why people would want to keep the price down, it doesn't make sense. Surely if you have/own BTC's you should want the price to go as high as possible, I know I do. I hope there are many shorters shitting themselves at the moment worrying about not being able to pay their bills  Shorting BTC has been a fool proof strategy for over a year. Well not any more bitches, WUT you gonna do now  I think it makes sense to people who know the true potential of bitcoin and try to keep the price down to accumulate as much as possible while it's still possible. |
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inca
Legendary
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Activity: 1176
Merit: 1000
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July 06, 2015, 03:01:04 PM |
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I'm still waiting for tarmi to reveal his winning shorting formula. I closed my first leveraged long position this morning based upon the growing mountain of asks appearing near 300. Bitcoin marches on regardless!  |
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 06, 2015, 03:01:38 PM |
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inca
Legendary
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Activity: 1176
Merit: 1000
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July 06, 2015, 03:03:04 PM |
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Can you imagine what the price does when the mystical COIN etf is announced? lol
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unent
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July 06, 2015, 03:03:44 PM |
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We are going up again. Wow! Litecoin +20% on coinmarketcap.Nice pump. Litecoin has a strong wall at 5 dollars + It's gonna take some force to break... traders seem trepidatious to push through it, but it can be done if slowly I think... really?? your post was from just 2 hours ago...rofl honestly, we have no idea what´s next.... no TA can predict this market. It´s more like a bingo... good luck to you all!! It's more like a crap shoot. Nobody can predict what way it's going to move reliably. Occasionally someone makes a lucky guess and shouts from the rooftops they know what's going to happen next 100% of the time. They always get it wrong sooner or later. |
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cyclotronmajesty
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July 06, 2015, 03:04:23 PM |
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We are going up again. Wow! Litecoin +20% on coinmarketcap.Nice pump. Litecoin has a strong wall at 5 dollars + It's gonna take some force to break... traders seem trepidatious to push through it, but it can be done if slowly I think... really?? your post was from just 2 hours ago...rofl honestly, we have no idea what´s next.... no TA can predict this market. It´s more like a bingo... good luck to you all!! Litecoin seems almost like a derivative of bitcoin. They seem to wait till bitcoin goes up then they all buy but it's not 1:1. It's the initiative that seems to coincide. So it found the force it needed and now 5$ is in the rear view mirror. I doubt there would have been a significant pump had bitcoin not held 275.... which just appeared to have broken =/ again... But you're right... the market is unpredictable... reading the analysis from outlets like NewsBTC or Cryptocoinnews 99% of the time is >50% wrong and these guys are professionals. So It's like a casino almost. |
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wpalczynski
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Activity: 1456
Merit: 1000
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July 06, 2015, 03:18:02 PM |
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Can you imagine what the price does when the mystical COIN etf is announced? lol
Somehow I doubt this will have the effect many of us were expecting. There are already such vehicles on the market unless I'm unaware of something that differentiates COIN from the others. |
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aztecminer
Legendary
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Activity: 1092
Merit: 1000
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July 06, 2015, 03:18:27 PM |
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finally got my new coins deposited into coinbase exchange. i said i would be back this summer. feels good to be back in the trading .. i made it on time.
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wpalczynski
Legendary
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Activity: 1456
Merit: 1000
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July 06, 2015, 03:19:05 PM |
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What might really drive the price up is the other EURO members refusing to pay debts and in anticipation of capital controls people buying BTC, spain, italy, etc.
Bitcoin searches going up in italy especially...
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inca
Legendary
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Activity: 1176
Merit: 1000
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July 06, 2015, 03:21:53 PM |
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Actually just an uptrend is enough to get people buying
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BitcoinNewbie15
Sr. Member
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Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
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July 06, 2015, 03:22:52 PM |
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I did not expect to see Bitcoin have another leg up after just rising the previous day. It is nice to see the $270 price range again, it has been a few months since Bitcoin was at these prices.
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chriswilmer
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Activity: 1008
Merit: 1000
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July 06, 2015, 03:29:50 PM |
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Actually just an uptrend is enough to get people buying
+1 This, and time. I'm firmly in the camp that thinks Bitcoin doesn't need any fancy killer apps or major global events. It just needs time and steady rise (over the scale of years). |
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designerusa
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Activity: 2310
Merit: 1028
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July 06, 2015, 03:31:23 PM |
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Come on Greece! We need to pass 250$ now!
Told ya sucker bears.  |
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unent
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July 06, 2015, 03:41:49 PM |
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What might really drive the price up is the other EURO members refusing to pay debts and in anticipation of capital controls people buying BTC, spain, italy, etc.
Bitcoin searches going up in italy especially...
The Greek finance minister suggested they might start issuing digital IOUs to work together with their remaining Euros if their financial situation deteriorated more. Although he quickly retracted his statement,then resigned the idea must have been discussed at a high level. Bitcoins would be a great alternative to digital IOUs and ordinary Greeks might start using them if there are not enough Euro notes to go around. If the government endorsed their use the price could go extremely high. |
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madmat
Legendary
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Activity: 966
Merit: 1000
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July 06, 2015, 03:43:43 PM |
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inca
Legendary
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Activity: 1176
Merit: 1000
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July 06, 2015, 03:45:04 PM |
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~22 dollars to 300.
Going to need some big shopping bags to get there!
EDIT: shorts down to 10,000. Bears are burning.
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cyclotronmajesty
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July 06, 2015, 03:46:21 PM |
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move on 280 in progress
big fat walls there though in 278s...
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BitcoinNewbie15
Sr. Member
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Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
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July 06, 2015, 03:46:54 PM |
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Bitcoin jumped up to $278 now, last time I checked it was at $273. It is being very volatile today, which i think is exciting. It is very hard to predict what Bitcoin will do next. $300 is a lot closer now, I wonder if Bitcoin will reach it.
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TaurusBit
Full Member
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Activity: 183
Merit: 100
TaurusBit.com Administrator
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July 06, 2015, 03:47:47 PM |
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JimboToronto
Legendary
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Activity: 4060
Merit: 4608
You're never too old to think young.
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July 06, 2015, 03:49:00 PM |
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Good morning Bitcoinland.
I see we didn't wait until after the weekend for the next leg up.
Hopefully we're done with the $250s and can focus on cracking the $280 barrier.
We might go sideways in the $260s for a while first.
Then again, the buzz created by the Grexerendum might speed things up.
I'm just as happy with a nice slow steady rise, up another $10-$20 every week or two with a sideways period in between.
The market has been behaving itself quite nicely since the start of June. Let's keep it up.
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