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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
 Offline
Activity: 3318
Merit: 2364
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
Legendary
Offline
Activity: 4452
Merit: 5739
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
Offline
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
Legendary
Offline
Activity: 2128
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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Paashaas
Legendary
Offline
Activity: 3796
Merit: 5292
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January 17, 2017, 05:27:29 PM |
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$900+ incoming |
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MinermanNC
Legendary
Offline
Activity: 2212
Merit: 1000
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January 17, 2017, 05:31:20 PM |
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Of course BTC goes up $13.00 now after I sell some coin for the electric bill 1 hour ago! Its a budget thing lol, couldn't wait any longer  But still happy to see the rise  |
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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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January 17, 2017, 05:44:09 PM |
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Look at the tight arbitradge now between West and East.
Barely a dollar in it.
Also, Hobular volume is about an eighth of what it was.
Is that the effect of banning margin trading ?
We're back at December 23rd prices.
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Tmdz
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January 17, 2017, 05:54:55 PM |
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Of course BTC goes up $13.00 now after I sell some coin for the electric bill 1 hour ago! Its a budget thing lol, couldn't wait any longer But still happy to see the rise Same thing happened here but i was trying to hedge my earning on that rise. Made my place so I get to sit on the sidelines for a bit. |
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roony
Full Member
Offline
Activity: 196
Merit: 100
Did you see the roonies on him???
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January 17, 2017, 05:56:35 PM |
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And 900 I m predictin that it will reach 1100 in just 1 week |
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boyshx
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January 17, 2017, 05:57:48 PM |
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it will reach the 1100 again very soon, the question is if it's going to hold this time, I think it's likely to fall a little bit once it hits 1166 again lol
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rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
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January 17, 2017, 06:30:25 PM |
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4 digits looks so much prettier. I am looking forward to that. 3 digits is ugly.
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MinermanNC
Legendary
Offline
Activity: 2212
Merit: 1000
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January 17, 2017, 06:34:16 PM |
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Of course BTC goes up $13.00 now after I sell some coin for the electric bill 1 hour ago! Its a budget thing lol, couldn't wait any longer But still happy to see the rise Same thing happened here but i was trying to hedge my earning on that rise. Made my place so I get to sit on the sidelines for a bit. lol, ya we all win some and lose some.... so long as its not too dramatic!  |
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WoJJ78
Full Member
Offline
Activity: 168
Merit: 100
ICONOMI enthousiast
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January 17, 2017, 06:46:21 PM |
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Hi Bitcoin, you are doing good baby Have fun guys |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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January 17, 2017, 06:48:55 PM |
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4 digits looks so much prettier. I am looking forward to that. 3 digits is ugly.
And soon 4 digits will look ugly and 5 digits will look prettier |
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HI-TEC99
Legendary
Offline
Activity: 2772
Merit: 2847
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January 17, 2017, 06:50:43 PM |
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it will reach the 1100 again very soon, the question is if it's going to hold this time, I think it's likely to fall a little bit once it hits 1166 again lol
It could continue up to the MtGox ATH of $1242 this time. IMO that's the next resistance. If it breaks through that $2000 should be broken through soon afterwards. |
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