mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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January 17, 2017, 10:12:26 AM |
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Of course the press won't report the recovery because as far as they're concerned, anything outside the white box just didn't happen. buy on rumors, sell on news
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Cassius
Legendary
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Activity: 1764
Merit: 1031
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January 17, 2017, 10:30:19 AM |
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Press will be interested again on ATH. Then they will talk about volatility instead.
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JimboToronto
Legendary
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Activity: 4158
Merit: 4811
You're never too old to think young.
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January 17, 2017, 10:32:50 AM |
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Hello $888 my old friend (Stamp). LOL Good luck returning to china? Just realized what time it is... after 5:30AM local time. I'd better get to bed. See you at noon.
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Yves_Oluchione
Newbie
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Activity: 16
Merit: 0
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January 17, 2017, 11:22:57 AM |
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Cassius
Legendary
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Activity: 1764
Merit: 1031
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January 17, 2017, 11:51:14 AM |
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Brexit is just one of the many pieces of the picture behind the fundamentals. Trump presidency, US interest rate rises, Italy's banking sector, popular sentiment across Europe, China's economy, currency wars and reorganisation of Politburo Standing Committee later this year... There's a lot, really.
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xxxgoodgirls
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Activity: 1092
Merit: 1001
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January 17, 2017, 12:29:43 PM |
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Is another rally going to start?
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bitcoinminer42
Legendary
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Activity: 1904
Merit: 1185
notorious shrimp!
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January 17, 2017, 12:40:36 PM |
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no just sell your coins
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gembitz
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January 17, 2017, 01:05:53 PM |
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^$900 close ~ street price in India prolly still 1000+ *anyone over there?*
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lightfoot
Legendary
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Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
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January 17, 2017, 01:35:42 PM |
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The question is can people pump and dump without 100x leverage?
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becoin
Legendary
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Activity: 3431
Merit: 1233
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January 17, 2017, 02:04:33 PM |
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The question is can people pump and dump without 100x leverage?
What for? Bitcoin will do much better without margin trading because one can sell bitcoins ONLY if they have bitcoins!
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LFC_Bitcoin
Legendary
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Activity: 3682
Merit: 10307
#1 VIP Crypto Casino
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January 17, 2017, 02:11:52 PM |
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Is another rally going to start?
Hopefully! The price is moving in the right direction now at least.
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j753k
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January 17, 2017, 03:12:42 PM |
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Nice pump today, was really hoping to load up more in the 700's though....
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gembitz
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January 17, 2017, 03:29:14 PM |
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If Chinese were actually SHORT BTC perhaps there is a "short squeeze" occurring!?
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lightfoot
Legendary
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Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
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January 17, 2017, 03:47:02 PM |
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What for? Bitcoin will do much better without margin trading because one can sell bitcoins ONLY if they have bitcoins!
I know. I have a vested interest in a more stable bitcoin price as I work for and get paid in bitcoin. I want other people to do this without fear they have to be bot traders as well. We shall see.
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JimboToronto
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Activity: 4158
Merit: 4811
You're never too old to think young.
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January 17, 2017, 04:45:12 PM |
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Good morning Bitcoinland.
I see we've held onto most of last night's gains... currently $892USD (Bitcoinaverage).
I also see Huobi, Finex and Stamp pretty much at par. This is extremely healthy IMHO.
What the FUDsters and Bitcoin haters tried to blow up into a crash, turned out to be a positive thing for Bitcoin.
Panic's over. Now it's time to get back to the normal upward growth.
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Chainsaw
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January 17, 2017, 04:46:18 PM |
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I just realized there's a new, interesting dynamic in play.
With China losing their leverage, Bitfinex has regained a large attractor.
All other things being equal, I take their chances of reclaiming the role of price leader as net positive. I wonder how the competing interests of reduced-faith in Bitfinex from the recent hack will fare against the increased greed/strength of leverage. (Incidentally, I think it'd be a really smart move for them to publicly pay down some of their remaining debt.)
Smarter traders than me keep track of things like available money for loans, short vs long interest, borrowing rates. Whatever those (leading?) indicators mean, I'd bet they become increasingly valuable.
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aztecminer
Legendary
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Activity: 1092
Merit: 1000
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January 17, 2017, 05:00:40 PM |
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hey all....just got word in yesterday: the bullish dragon harmonic is on through the weekend and possibly into next week .
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soullyG
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January 17, 2017, 05:14:27 PM |
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BrewMaster
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Activity: 2114
Merit: 1293
There is trouble abrewing
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January 17, 2017, 05:19:18 PM |
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^$900 close ~ street price in India prolly still 1000+ *anyone over there?* not from there but in the streets of India apart from rivers of poo, bitcoin price is 66600.0 (~$980 according to xe.com)
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