Bitcoinb0b
Newbie
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Activity: 34
Merit: 0
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January 11, 2017, 01:12:34 PM |
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this is not what fibonacci had intended...
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becoin
Legendary
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Activity: 3431
Merit: 1233
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January 11, 2017, 01:17:36 PM |
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Leveraged long doubled almost at the bottom.
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AirFlame
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January 11, 2017, 01:22:12 PM |
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There will be one more dump to about 700/650 and then it will go up again.
no, there won't. We wait to tomorrow and see who is right If The price drops to my prediction dont forget to comment i am sure you won't forget. Cu tomorrow then Hey it seems it not happend so fast but it seems to be happening now sllllloooowwwwwwwww
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Paashaas
Legendary
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Activity: 3552
Merit: 4663
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January 11, 2017, 01:23:35 PM |
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Good morning delusional bulls, looks like common sense did prevail, just like i predicted. Got another 2 btc from small 50x short from 928, hoping for another bulltrap now, maybe to 866, to short the fuck out of this ChinaCoin once again Pics or it didn't happend...
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droizs
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January 11, 2017, 01:24:01 PM |
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whales need to start dumping more and more so more people can get into BTC
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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January 11, 2017, 01:26:30 PM |
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Is it 2024? Nope. Then I need to calm the fuck down and continue my day. This was a 10-12 year plan and the only thing I need to remember is that if it goes really really low, buy some more.
If it drops below $200 I may be pissed off.
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soullyG
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January 11, 2017, 01:40:32 PM |
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Nomnomnom cheap coins
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Torque
Legendary
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Activity: 3710
Merit: 5286
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January 11, 2017, 01:45:42 PM |
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Same pattern as June/July. The whale(s) pegging it to 900-910 for an extended period after the first leg down was the dead giveaway. Guys, when these idiots are done dumping, this is going to bounce hard. 820-830 should be a bottom from this point forward. I would buy if I had any fiat left.
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kurious
Legendary
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Activity: 2590
Merit: 1643
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January 11, 2017, 01:55:17 PM |
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Same pattern as June/July. Guys, this is going to bounce hard. 820-830 should be a bottom from this point forward. I would buy if I had any fiat left. Half my standby fiat just went back in at 798.5 - if I could have got into Stamp earlier, I might have nicked it lower. I hope you're right, Sir - next resistance is probably 5000 CNY level - below that...? Jeez!
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0xfff
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January 11, 2017, 02:00:56 PM |
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Is it 2024? Nope. Then I need to calm the fuck down and continue my day. This was a 10-12 year plan and the only thing I need to remember is that if it goes really really low, buy some more.
If it drops below $200 I may be pissed off.
If you are investing long term why do you check the price daily? Price right now shouldn't matter to you.
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gembitz
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January 11, 2017, 02:05:41 PM |
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Globb0
Legendary
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Activity: 2702
Merit: 2053
Free spirit
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January 11, 2017, 02:09:30 PM |
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Yep China is investigating BTC exchanges and alike it would seem.... such great timing
What happens if they stamp out the fake/wash trade and make it real only?
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osmotic
Newbie
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Activity: 39
Merit: 0
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January 11, 2017, 02:14:14 PM |
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How did it drop so fast? Any news?
On-site inspection (raid) of BTCChina that someone posted earlier? Dunno otherwise. It sucks donkey balls. It must be due to the news, the timing is too good. The China guberment told those exchanges to stop the half a billion bitcoins a day trading and they carried on allowing it. After this they will start showing sensible daily volumes of trades. All those exchanges are still online and showing regular trades, but their volume has dropped significantly. http://www.reuters.com/article/us-markets-bitcoin-pboc-idUSKBN14V10BThe price of digital currency bitcoin slid around $50 on Wednesday after China's central bank said it had launched spot investigations on bitcoin exchanges in Beijing and Shanghai in order to fend off market risks.
The investigation of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into possible market manipulation, money laundering, unauthorized financing and other issues, according to the statements posted on the People's Bank of China's website.
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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January 11, 2017, 02:16:27 PM |
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is crypto done??
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1465
Clueless!
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January 11, 2017, 02:17:17 PM |
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Yep China is investigating BTC exchanges and alike it would seem.... such great timing
What happens if they stamp out the fake/wash trade and make it real only? Fake volume would go away. If no more then that it would still imho wash Out st a much lower price. I'm a long term holder. If that is all they find better it is s now Then later in my view
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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, 02:24:22 PM |
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Same pattern as June/July. Guys, this is going to bounce hard. 820-830 should be a bottom from this point forward. I would buy if I had any fiat left. Half my standby fiat just went back in at 798.5 - if I could have got into Stamp earlier, I might have nicked it lower. I hope you're right, Sir - next resistance is probably 5000 CNY level - below that...? Jeez! nice entry, i'm late and cashing price....
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R00TC0IN
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Activity: 56
Merit: 0
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January 11, 2017, 02:24:42 PM |
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https://s28.postimg.org/41skag3ot/Market.pngYou just need to look at the volume being traded to see whats going on here. I always thought we would see this and ride the down wave for some profit on the shorts! I'm guessing we will see level playing field start to pan out around the $750 / $800 mark over the next few days.
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JimboToronto
Legendary
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Activity: 4158
Merit: 4815
You're never too old to think young.
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January 11, 2017, 02:25:27 PM |
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Well, an extra early good morning Bitcoinland. Don't normally keep farmers' hours but my sleep routine got a little upset by staying up most of night with a chick on Monday. Good thing too. I have just enough time to go pick up some fiat before my favorite off-exchange Bitcoin vendor opens for business. Seems we dropped another $100 on news of the PBOC "investigation" going "local"... currently $816 (Bitcoinaverage). Keep buying the dips. The most important reason is to catch the buyable dips. Snooze, you lose. Apart from that, it's entertaining.
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Killerpotleaf
Sr. Member
Offline
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
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January 11, 2017, 02:43:00 PM |
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Is it 2024? Nope. Then I need to calm the fuck down and continue my day. This was a 10-12 year plan and the only thing I need to remember is that if it goes really really low, buy some more.
If it drops below $200 I may be pissed off.
If you are investing long term why do you check the price daily? Price right now shouldn't matter to you. makes cents to trade the short term, i mean if your gonna watch and speculate might as well gamble
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LLec
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January 11, 2017, 03:00:04 PM |
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Same pattern as June/July. The whale(s) pegging it to 900-910 for an extended period after the first leg down was the dead giveaway. Guys, when these idiots are done dumping, this is going to bounce hard. 820-830 should be a bottom from this point forward. I would buy if I had any fiat left. Nope. Saw it 802 when I checked preev from when I woke up 25 minutes ago. Now it is steady at 808. I think it trying to make a rally now that the US markets are coming online for the trading day.
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