Torque
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Activity: 3822
Merit: 5504
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May 05, 2017, 11:43:47 AM |
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All I'm seeing is traders buying bitcoin to pump alts.
2017 should be called "The Year No Alt Left Unturned"
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phatsphere
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May 05, 2017, 11:58:19 AM |
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2017 should be called "The Year No Alt Left Unpumped"
FTFY
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becoin
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Activity: 3431
Merit: 1233
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May 05, 2017, 11:59:38 AM |
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I always prefer when the growth is slow and steady but it seems like this is not an option now.
Growth IS slow and steady.
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elebit
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May 05, 2017, 12:25:58 PM |
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I thought the saying is a slight "emission of gas from the anus"  No no, that was Buttcoin. Sorry, I'll show myself out ...
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BlindMayorBitcorn
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Activity: 1260
Merit: 1116
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May 05, 2017, 12:32:33 PM |
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2017 should be called "The Year No Alt Left Unpumped"
FTFY It's really hard to watch.
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Torque
Legendary
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Activity: 3822
Merit: 5504
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May 05, 2017, 12:42:18 PM |
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2017 should be called "The Year No Alt Left Unpumped"
FTFY It's really hard to watch. And if anything, it should be a HUGE red flag to the alt lovers who think their special snowflake alt-du-jour is going to overtake Bitcoin. Because if they all got pumped, then they all can't be better than and universally accepted everywhere, right? Acceptance in the merchant world doesn't work like that. You'd think anyone with half a brain would start to suspect something is wrong... but alas delusion runs deep. Troll traders just out to prey on the weak minded. I distinctly remember a time when DOGE lovers literally thought that DOGE was going to take over the entire crypto world, if not the world. Same with Ripple.
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droizs
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May 05, 2017, 01:00:18 PM |
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2017 should be called "The Year No Alt Left Unpumped"
FTFY It's really hard to watch. And if anything, it should be a HUGE red flag to the alt lovers who think their special snowflake alt-du-jour is going to overtake Bitcoin. Because if they all got pumped, then they all can't be better than and universally accepted everywhere, right? Acceptance in the merchant world doesn't work like that. You'd think anyone with half a brain would start to suspect something is wrong... but alas delusion runs deep. Troll traders just out to prey on the weak minded. I distinctly remember a time when DOGE lovers literally thought that DOGE was going to take over the entire crypto world, if not the world. Same with Ripple. comparing doge to xrp... ridiculous lol
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Hyperjacked
Legendary
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Activity: 1624
Merit: 1126
It's all mathematics...!
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May 05, 2017, 01:12:45 PM |
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2017 should be called "The Year No Alt Left Unpumped"
FTFY It's really hard to watch. And if anything, it should be a HUGE red flag to the alt lovers who think their special snowflake alt-du-jour is going to overtake Bitcoin. Because if they all got pumped, then they all can't be better than and universally accepted everywhere, right? Acceptance in the merchant world doesn't work like that. You'd think anyone with half a brain would start to suspect something is wrong... but alas delusion runs deep. Troll traders just out to prey on the weak minded. I distinctly remember a time when DOGE lovers literally thought that DOGE was going to take over the entire crypto world, if not the world. Same with Ripple. I don't think the Japanese banks had any interest in Doge... But they do love ripple! One day you might get on board with some of these best of class alts...
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becoin
Legendary
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Activity: 3431
Merit: 1233
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May 05, 2017, 01:31:42 PM |
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2017 should be called "The Year No Alt Left Unpumped"
FTFY It's really hard to watch. And if anything, it should be a HUGE red flag to the alt lovers who think their special snowflake alt-du-jour is going to overtake Bitcoin. Because if they all got pumped, then they all can't be better than and universally accepted everywhere, right? Acceptance in the merchant world doesn't work like that. You'd think anyone with half a brain would start to suspect something is wrong... but alas delusion runs deep. Troll traders just out to prey on the weak minded. I distinctly remember a time when DOGE lovers literally thought that DOGE was going to take over the entire crypto world, if not the world. Same with Ripple. I don't think the Japanese banks had any interest in Doge... But they do love ripple! One day you might get on board with some of these best of class alts... If banks love an alt this is a big red flag for everybody else to avoid this alt! Except for pump and dump speculation, of course. Even then it is a bad idea to touch it. You can hardly outwit banks in the pump and dump games because they have very deep pockets.
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Globb0
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Activity: 2702
Merit: 2053
Free spirit
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May 05, 2017, 01:32:59 PM |
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While we all laughed at Doge some people made serious money
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becoin
Legendary
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Activity: 3431
Merit: 1233
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May 05, 2017, 01:43:23 PM |
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While we all laughed at Doge some people made serious money
Some people make serious money out of every ponzi. And that should prove what?
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Hyperjacked
Legendary
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Activity: 1624
Merit: 1126
It's all mathematics...!
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May 05, 2017, 01:50:04 PM |
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It's tough to say, but my gut tells me this is a bear trap. I would like to see $1600+ today... that would be nice. There will be a lot more blood spilled in the streets of ALT coin land if that holds true. It will be an interesting day.  Agreed! Eventually some BTC that is being accumulated will flow into the best alts and decouple from bitcoins grasp! Personally I think the rise over the past few months has a lot to do with the Xrp story out of Japan and a handful of others with cutting edge stuff... Can someone say "decoupling"! Look ppl like John bollinger @bbands have been praising some of the alt coin developers on Twitter for changing the world! https://mobile.twitter.com/bbands/status/829747733586026496This is just the beginning IMHO! Big worthless paper bucks will continue pouring into Bitcoin and in turn the best alts! That will fuel Btc much higher over time ... Ppl saying otherwise have there heads in the sand IMo 
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chopstick
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Merit: 1000
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May 05, 2017, 02:38:22 PM |
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PEW PEW PEW
MUCH WOW
RIPPLE BUTTS
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chopstick
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Activity: 992
Merit: 1000
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May 05, 2017, 02:39:21 PM |
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Jesus, even Doge is up 100% for the whole month.
Time to start trading altcoins, this is ridiculous.
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Elwar
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Activity: 3598
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Viva Ut Vivas
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May 05, 2017, 02:52:55 PM |
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Prediction:
With the price increase people will start shouting from the rooftops about BU or Segwit scaring away all of the new adopters that thought Bitcoin was a good place for their money. Using FUD to make people belive that without their preffered upgrade, Bitcoin is doomed.
Then the price will tank.
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Ibian
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Activity: 2268
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May 05, 2017, 03:11:23 PM |
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What do you think, how much time do we have left until they (Jews - the worlds elite) ban bitcoin worldwide due to potential danger for "terrorism"? Since they forbid anything they have no control over. Here in Germany (Europe in general) they started to ban prepaid phone cards already. Anything that you can buy without an ID is a risk for them control freaks.
My guess is, as soon as they will start their own crypto currency. I think about 2-3 years left?
Will not happen! They may try to regulate it even more. But that will increase demand even more and people will buy more and more off exchanges. You can not stop Bitcoin! Germany is a shit place already! And I live there as well and can't wait to leave this place. But things need to be prepared well for that. Haha you guys are so spoiled! Have a bockwurst and a Polaner and relax already! Curious where you would prefer to live outside of North-West Europe.... Middle or possibly south america. Only real options left.
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K~Ehleyr
Sr. Member
  
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Activity: 434
Merit: 250
Ooh, shiny things!!
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May 05, 2017, 03:16:16 PM |
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Looks like Bitcoin is dead again...
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JimboToronto
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Activity: 4424
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You're never too old to think young.
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May 05, 2017, 03:21:13 PM |
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Good morning Bitcoinland.
It seems $1600 will be a slightly tougher nut to crack than $1500, which we breezed through.
After yesterday's substantial correction/profit-taking/beartrap and subsequent recovery, we seem stuck in the $1550-$1600 range... currently $1575USD (Bitcoinaverage).
This might take a couple of days before we get back to our regular ATHs. In the meantime we're still stringing together green daily candles.
Let's see what today's weighted average looks like when Dooglus updates his Top 20 Days thread.
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chopstick
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May 05, 2017, 03:30:35 PM |
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The price rise from 1200==>1600 was mainly artificial, thanks to the liquidity squeeze from bitfinex, which the other exchanges chose to follow like lemmings.
True, there are a lot of new institutional investors and overseas investment. But not enough to raise the price that high.
I don't know how you could call this anything but a mini-bubble based on artificial bitfinex prices.
Look for a correction down to 1400ish
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JimboToronto
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Activity: 4424
Merit: 5658
You're never too old to think young.
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May 05, 2017, 03:40:39 PM |
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The price rise from 1200==>1600 was mainly artificial, thanks to the liquidity squeeze from bitfinex, which the other exchanges chose to follow like lemmings.
True, there are a lot of new institutional investors and overseas investment. But not enough to raise the price that high.
I don't know how you could call this anything but a mini-bubble based on artificial bitfinex prices.
Look for a correction down to 1400ish
More than half of all global volume is in JPY and you think it has to do with Finex? That's ridiculous. Try again.
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