Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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September 16, 2019, 12:41:47 PM |
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Seems fake breakout... Soon next up leg My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc.
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hv_
Legendary
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Activity: 2534
Merit: 1055
Clean Code and Scale
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September 16, 2019, 12:43:15 PM |
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Hahaha!!! No merit left to give Same here - cannot stop giggling
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somac.
Legendary
Offline
Activity: 2106
Merit: 1238
Never selling
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September 16, 2019, 12:46:28 PM |
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Seems fake breakout... Soon next up leg My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc. That one looked technical to me. Support didn't hold and stops were triggered.
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bitcoinPsycho
Legendary
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Activity: 2632
Merit: 2386
$120000 in 2024 Confirmed
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September 16, 2019, 12:46:44 PM |
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Hahaha!!! No merit left to give Same here - cannot stop giggling Same here . BSV being the biggest shitcoin of them all lol
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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September 16, 2019, 12:48:54 PM |
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Seems fake breakout... Soon next up leg My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc. That one looked technical to me. Support didn't hold and stops were triggered. You are right. Could be whales selling, then when stop losses are triggered buy everything back including the cheap stoploss coins.
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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September 16, 2019, 12:50:03 PM |
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Hahaha!!! No merit left to give Same here - cannot stop giggling Same here . BSV being the biggest shitcoin of them all lol BSC stands for "Biggest Shitcoin Version"
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somac.
Legendary
Offline
Activity: 2106
Merit: 1238
Never selling
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September 16, 2019, 12:50:17 PM |
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Seems fake breakout... Soon next up leg My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc. That one looked technical to me. Support didn't hold and stops were triggered. You are right. Could be whales selling, then when stop losses are triggered buy everything back including the cheap stoploss coins. Yeah, and if that is the case we might be going back up without a break into the 9s
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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September 16, 2019, 12:51:05 PM |
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Seems fake breakout... Soon next up leg My gut feeling is that someone is cashing out. Sell wait for recovery, sell, etc. That one looked technical to me. Support didn't hold and stops were triggered. You are right. Could be whales selling, then when stop losses are triggered buy everything back including the cheap stoploss coins. Yeah, and if that is the case we might be going back up without a break into the 9s Choo Choo?
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Hueristic
Legendary
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Activity: 3962
Merit: 5377
Doomed to see the future and unable to prevent it
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September 16, 2019, 01:00:11 PM Last edit: September 16, 2019, 01:24:08 PM by Hueristic |
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Amazingly enough in some circles its social suicide to talk bad about Tricky Dick. He is the root of alot of america's downslide, including but not limited to opening china which was the largest fuck up America ever pulled. Well I guess getting in a land war in asia might be the biggest. Just checked a little about rugby and it sounds pretty racist. In the last two Rugby World Cups, New Zealand took home the championship title back-to-back. This raises the question of whether or not any of the other teams this year can break the All Blacks’ winning streak, let alone in an Asian field. J/k, though that was funny. Apparently if i don't point out i was kidding people think I'm serious, the internet sucks.This is either a fake out or we are heading down to 9400. Back up that truck at 9400 because it will be last time to load up for very likely the last time below 10,000.
I was thinking this sideways has lasted too long yesterday but was too lasy to figure out what if any move to make. Plus it was football all day.
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Lucius
Legendary
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Activity: 3388
Merit: 6095
Crypto Swap Exchange🈺
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September 16, 2019, 01:03:05 PM |
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bkbirge
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September 16, 2019, 01:10:50 PM |
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I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet?
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fillippone
Legendary
Online
Activity: 2310
Merit: 16483
Fully fledged Merit Cycler - Golden Feather 22-23
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September 16, 2019, 01:22:00 PM |
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I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet? The answer is in the prices, my friend. Either the model is wrong, or people are not discounting the first halving. The interesting point is the following. Why should people discount only the first halving? They should discount all of them if they have faith in the model! So, if the first halving effect get eventually fully discounted, I think we'll have a snowballing appreciating force in the discount of every following halving. In that case: fasten your seatbelts.
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Hueristic
Legendary
Offline
Activity: 3962
Merit: 5377
Doomed to see the future and unable to prevent it
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September 16, 2019, 01:26:25 PM |
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I hope he does ban that scamcoin, but it will have no effect one Bitcoin just as Libra does not.
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_javi_
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September 16, 2019, 01:31:03 PM |
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Nobody can stop us from downloading a software that let us interact with other peers. If they dont want to participate, they cant stop the rest of us BTC will keep on running, one way or another.. go BTC go!
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Hueristic
Legendary
Offline
Activity: 3962
Merit: 5377
Doomed to see the future and unable to prevent it
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September 16, 2019, 01:32:31 PM |
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I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet? I'm sure alot of us are already over exposed after the last year and a half and have already taken advantage of the dips and have our positions already set. Now its just DCA with generated income as we are in a holding pattern. I doubt waiting for lower is a viable strategy that many here are playing for.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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September 16, 2019, 01:50:42 PM |
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Nobody can stop us from downloading a software that let us interact with other peers. If they dont want to participate, they cant stop the rest of us BTC will keep on running, one way or another.. go BTC go! even a 'fake' twitter post saying Trump wanted or was pursuing banning Bitcoin would have a huge effect on price..even with say his ADT and it went no place. I'd guess BTC would go down by 15% on such shenanigans and if an outright ban, well at least in the short term at best BTC would be back about $3,200 again. IMHO. It likely would bounce back some on this new reality...but it would mightly suck. the guy has too much sway in the media and folk freak out about his irrational actions, that would be some of the results and thus my guesses on above. brad
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fillippone
Legendary
Online
Activity: 2310
Merit: 16483
Fully fledged Merit Cycler - Golden Feather 22-23
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September 16, 2019, 01:56:46 PM |
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I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet? I'm sure alot of us are already over exposed after the last year and a half and have already taken advantage of the dips and have our positions already set. Now its just DCA with generated income as we are in a holding pattern. I doubt waiting for lower is a viable strategy that many here are playing for. I think here the game changer is institutional money. DCA from individuals is not going to drive the price up so massively, now that market cap has grown so big. Wall street needs bitcoin, because is a volatile AND decorrelated asset that is much needed in a low volatility, negative interest world. See the other thread: Extracting stable positive return from high-volatile asset.HF recipe made simple
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gallianooo
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September 16, 2019, 02:00:23 PM |
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I wonder to what extent this chart that has been so widely shared is already priced in? I mean if everyone truly thinks 100k is a year or less away then they'd be buying right now hand over fist and the price would already be up, at least I would (and that's what I'm doing as I'm able). Or do you all think the big front loading wouldn't start yet? I'm sure alot of us are already over exposed after the last year and a half and have already taken advantage of the dips and have our positions already set. Now its just DCA with generated income as we are in a holding pattern. I doubt waiting for lower is a viable strategy that many here are playing for. I think here the game changer is institutional money. DCA from individuals is not going to drive the price up so massively, now that market cap has grown so big. Wall street needs bitcoin, because is a volatile AND decorrelated asset that is much needed in a low volatility, negative interest world. See the other thread: Extracting stable positive return from high-volatile asset.HF recipe made simple So big you find ? The BTC market cap (and crypto market cap in general) is still very small compared to the rest.
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_javi_
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September 16, 2019, 02:02:55 PM |
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Nobody can stop us from downloading a software that let us interact with other peers. If they dont want to participate, they cant stop the rest of us BTC will keep on running, one way or another.. go BTC go! even a 'fake' twitter post saying Trump wanted or was pursuing banning Bitcoin would have a huge effect on price..even with say his ADT and it went no place. I'd guess BTC would go down by 15% on such shenanigans and if an outright ban, well at least in the short term at best BTC would be back about $3,200 again. IMHO. It likely would bounce back some on this new reality...but it would mightly suck. the guy has too much sway in the media and folk freak out about his irrational actions, that would be some of the results and thus my guesses on above. brad Of course a "ban" would affect price! This is an emotional market! I was referring to our ability to keep on using a piece of software.
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