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hifzi
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January 11, 2017, 04:27:57 PM |
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some one in bitstamp trying to keep price under 800,
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Killerpotleaf
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Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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January 11, 2017, 04:29:16 PM |
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Well it seems to be holding very well a 800-780. But how could we know
shorts are up volume is ok, still dangerously close to <790 tho... |
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ft73
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January 11, 2017, 04:33:20 PM |
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Just one more leg down.
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Killerpotleaf
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Activity: 812
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January 11, 2017, 04:38:06 PM |
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Just one more leg down.
or not flat bottom at 790-820 for a more hours... should become more clear in the next hour |
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toknormal
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Merit: 1188
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January 11, 2017, 04:42:32 PM |
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Just see it as a "toughening up" process. The more knocks Bitcoin takes the less effective they'll be. Christ we're still above $700 and unlikely to be facing another 2-year dip to $200 so things are improving  We already had this in 2013. We need to get to the point where the PBOC is not able knock it over with a feather. |
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alphahacktivist
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January 11, 2017, 04:43:12 PM |
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Just one more leg down.
or not flat bottom at 790-820 for a more hours... should become more clear in the next hour i think we will know better when pboc exits btcc as well as trading resuming in china and india |
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Killerpotleaf
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A Blockchain Mobile Operator With Token Rewards
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January 11, 2017, 04:44:32 PM |
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head line from the future: bottom tested and successfully held off the all the poeple in china.
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ft73
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January 11, 2017, 04:46:11 PM |
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Just one more leg down.
or not flat bottom at 790-820 for a more hours... should become more clear in the next hour Doubt that. Dead cat bouce up to about 825$ and down again. |
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Killerpotleaf
Sr. Member
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Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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January 11, 2017, 04:46:41 PM |
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Just one more leg down.
or not flat bottom at 790-820 for a more hours... should become more clear in the next hour i think we will know better when pboc exits btcc as well as trading resuming in china and india to far off... this is the pricing in of that day. |
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yonton
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January 11, 2017, 04:52:51 PM |
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Its rediculous how news like this can cause such an impact on btc price.
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Torque
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January 11, 2017, 04:53:15 PM |
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molecular
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Merit: 1019
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January 11, 2017, 04:53:58 PM |
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As long as the chinese "Centralbanks" review BTC everytime it hits the 1k$/€ mark, BTC will never hit the xk$/€ mark since there will always be some derpession because of the "investigation"
"derpession"...? can we add that to the list? hodling through all derpessions! |
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Killerpotleaf
Sr. Member
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Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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January 11, 2017, 04:55:01 PM |
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Just one more leg down.
or not flat bottom at 790-820 for a more hours... should become more clear in the next hour Doubt that. Dead cat bouce up to about 825$ and down again. lower highs and more bottoming, then... cat with golden gun riding a fire breathing unicorn |
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molecular
Donator
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Activity: 2772
Merit: 1019
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January 11, 2017, 04:56:26 PM |
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Just one more leg down.
that would be a huge leg, though. 780 is a huge critical point. this is where the bears have to blow all the powder. |
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European Central Bank
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Activity: 1288
Merit: 1087
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January 11, 2017, 05:01:01 PM |
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that would be a huge leg, though. 780 is a huge critical point.
this is where the bears have to blow all the powder.
it'll probably slide through it like a flamethrower through butter. bulls are usually ecstatic to roll over at moments like these. |
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ft73
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January 11, 2017, 05:01:32 PM |
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Just one more leg down.
that would be a huge leg, though. 780 is a huge critical point. this is where the bears have to blow all the powder. 750$, even high 600$ can't be ruled out imho. |
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savetherainforest
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January 11, 2017, 05:05:11 PM
Last edit: January 11, 2017, 05:16:18 PM by savetherainforest |
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yonton
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January 11, 2017, 05:06:33 PM |
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I'm convinced that btc investors are the most paranoid people on the planet.
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JimboToronto
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You're never too old to think young.
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January 11, 2017, 05:07:47 PM
Last edit: January 11, 2017, 05:37:21 PM by JimboToronto |
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Gotta love this place. Dip down to where we were 3 weeks ago and all the Bitcoin-hating trolls are frothing at the mouth with, "RIP Bitcoin 2009-2017", "Is crypto done", "dead cat bounce", "Ponzi", "China bans Bitcoin", etc. LOL  Meanwhile my fresh Bitcoin has been secured at about $796USD. Unfortunately my off-exchange dude only had 0.8 BTC to sell me. Better than nothing I suppose and I've got a head start at acquiring enough fiat to buy again if the price continues to dip. |
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ImI
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Activity: 1946
Merit: 1019
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January 11, 2017, 05:09:47 PM |
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Just one more leg down.
that would be a huge leg, though. 780 is a huge critical point. this is where the bears have to blow all the powder. 750$, even high 600$ can't be ruled out imho. I think 600$ will be it. Market seems to be afraid of PBOC like fuck. |
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