JimboToronto
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Activity: 4018
Merit: 4505
You're never too old to think young.
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May 01, 2017, 02:34:53 PM |
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A very pleasant good morning Bitcoinland. I see the uptrend is continuing quite nicely... currently $1417USD (Bitcoinaverage). That's $1934CAD. Meanwhile Google says it's $1989CAD ($1454USD). Anyone know where they get their price index? _____ Can we assume yet that it's not going down to triple digits, let alone $800 (Afrikoin and his followers) or $200 (Kwukduck)?  |
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spooderman
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Activity: 1652
Merit: 1029
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May 01, 2017, 02:47:11 PM |
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buy more now, but don't forget to sell when it crashes again, and then to buy when it hits another ATH. |
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stompix
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Activity: 2898
Merit: 6358
Blackjack.fun
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May 01, 2017, 02:58:47 PM |
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holy shit is this it?
the moment where the exchanges all just run out of coins?
I've just checked for you: <gribble> Bitstamp | There are currently 1691.1098 bitcoins offered at or under 2000.0 USD, worth 2604032.93335 USD in total. | Data vintage: 0.0213 seconds
<gribble> Bitfinex | There are currently 3638.299 bitcoins offered at or under 2000.0 USD, worth 6204356.41866 USD in total. | Data vintage: 0.0039 seconds
<gribble> Bitstamp | There are currently 2385.5904 bitcoins offered at or under 10000.0 USD, worth 7265650.64998 USD in total. | Data vintage: 211.7202 seconds
<gribble> Bitfinex | There are currently 3965.5064 bitcoins offered at or under 10000.0 USD, worth 7949085.14331 USD in total. | Data vintage: 57.1450 seconds
$1400 next stop on Stamp (Finex is long above $1500 it seems). Quick math means there are 694 BTC between 2000 and 10000 on stamp or 29% of total 327 BTC between 2000 and 10000 in finex or 8% of the supply? Please not another exchange going for frappucinos and never coming back |
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JimboToronto
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Activity: 4018
Merit: 4505
You're never too old to think young.
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May 01, 2017, 03:06:50 PM |
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If anyone actually cares about Bitfinex anymore (besides degenerate gamblers interested in margin trading), it briefly touched $1520. Meanwhile Stamp touched $1390. Even OKcoin is closing in on $1200. This rise is worldwide. It's a great time to be a holder.  |
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spooderman
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Activity: 1652
Merit: 1029
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May 01, 2017, 03:18:33 PM |
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I wish we were all in a bar somewhere so that we could have a beer together  Instead I'm just left buying rounds for my fairly broke friends trying not to come across as a smug asshole. |
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Wexlike
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Activity: 1473
Merit: 1086
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May 01, 2017, 03:19:26 PM |
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Fuck, yes.
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Proof of Bullshit
Newbie
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Activity: 14
Merit: 0
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May 01, 2017, 03:27:41 PM |
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Ladies and Gentlemen, the moon is confirmed.
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mikenz
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May 01, 2017, 03:28:27 PM |
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JayJuanGee
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Activity: 3724
Merit: 10316
Self-Custody is a right. Say no to"Non-custodial"
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May 01, 2017, 03:36:29 PM |
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I do agree. But again, all this does is give "legitimacy" to the PREVIOUS ATH. Also it is starting to consolidate as new bottom/support.
But I won't be calling NEW ATH until it is clearly above ($100+ more would make it) the previous one. That is what would signal to me that a new rally has started. It is also what I am expecting for this week.
i'll wait for an all time high that includes a china that works and a bitfinex that's either dead or back to its old self. You are going to be waiting a long time for that. We are likely going to have a crash before those things happen. So, you better be happy for what we've gots... which is ongoing UPPITY and ongoing weirdness. |
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Hunyadi
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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May 01, 2017, 03:42:39 PM |
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Keep calm guys  |
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Iranus
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May 01, 2017, 03:54:44 PM |
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Looks like a pretty arbitrary chart, you'd have to reasonably explain the parameters for me to believe it. When the price goes higher it gets harder to increase, so it can't be as simple as a line. Most people, even professionals, aren't estimating anywhere over about 10k. |
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smracer
Donator
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Activity: 1055
Merit: 1020
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May 01, 2017, 03:59:46 PM |
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When will the people holding 31,799 BTC in short positions on Finex start sweating?
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Chainsaw
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May 01, 2017, 04:07:16 PM |
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Looks like a pretty arbitrary chart, you'd have to reasonably explain the parameters for me to believe it. When the price goes higher it gets harder to increase, so it can't be as simple as a line. Most people, even professionals, aren't estimating anywhere over about 10k. Agreed - the value I find in that chart is in recognizing the multi-year line of support has had price vary from 1x its value to ~50x its value. ...we currently sit close to the 1x value. |
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Ted E. Bare
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May 01, 2017, 04:10:52 PM |
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He seems like a trustworthy guy.
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JimboToronto
Legendary
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Activity: 4018
Merit: 4505
You're never too old to think young.
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May 01, 2017, 04:17:47 PM |
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Gotta love this action. I run out to the store for coffee cream and see I missed a new ATH. |
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bitserve
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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May 01, 2017, 04:29:13 PM |
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Now it is very a good moment to use a ridiculous part of the profits to buy a hardware wallet anyone that doesn't already have one.
I will never cease to insist on the importance of this issue. Even if you are already using paperwallets you need to try hardware wallets if you haven't already done so. Really. You will thank me later.
I have the idea that the more people "invest" in hardware wallets the better for the price as it has some additional impact on how many Bitcoins are withdraw from the exchanges. Less supply on the exchanges is good and also makes additional pressure on exchanges not incurring in shady fractional banking with user's Bitcoin deposits.
* I am in no way affiliated with any of the manufacturers. Trezor or Ledger Nano S will both serve you well.
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Kramerc
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May 01, 2017, 04:34:59 PM |
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Maybe $2000 this week on bfx, if we're lucky?
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york780
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May 01, 2017, 04:35:23 PM |
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Where to see the current number of longs Vs shorts? Always fun to see the bears burn.
Awww, c'mon. Bears are so cute.  Just not very bright.  RIP bears. SHORTS REKT FOR GOOD. |
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york780
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May 01, 2017, 04:36:18 PM |
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Maybe $2000 this week on bfx, if we're lucky?
That would be quite bearish. I think $2753 should be more realistic |
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BTCtrader71
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May 01, 2017, 04:40:51 PM |
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Now it is very a good moment to use a ridiculous part of the profits to buy a hardware wallet anyone that doesn't already have one.
I will never cease to insist on the importance of this issue. Even if you are already using paperwallets you need to try hardware wallets if you haven't already done so. Really. You will thank me later.
I have the idea that the more people "invest" in hardware wallets the better for the price as it has some additional impact on how many Bitcoins are withdraw from the exchanges. Less supply on the exchanges is good and also makes additional pressure on exchanges not incurring in shady fractional banking with user's Bitcoin deposits.
* I am in no way affiliated with any of the manufacturers. Trezor or Ledger Nano S will both serve you well.
^^^ Excellent advice and everyone should take it. Also, less money on exchanges = less of a panic drop in price when the next inevitable exchange hack happens. |
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