empowering
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August 15, 2017, 02:31:53 AM |
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People in South Korea are buying BTC like there is no tomorrow... and it could be true! For sure ... I just do not recall seeing them as volume leaders before 😁 ...and the $4459 price tag.. I knew they were keen in S Korea but yeah that's some enthusiasm
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fabiorem
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August 15, 2017, 02:33:07 AM |
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Nicola Duke thinks that if the $4400 level is taken out next stop is $7000. I agree. If you take a look at bitcoin's previous ATH it was halfway between a 4.236 and 6.854 Fibonacci extension of the ATH that preceded it. If you look at the Fibonacci extensions in play now $4400 is important resistance and if taken out $7000 is certainly possible. I have never seen a 6.854 extension in bitcoin take note though. masterluc has mentioned even higher targets that you can see in this Fibonacci extension chart: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fbitcoinnewsmagazine.com%2Fwp-content%2Fuploads%2F2015%2F09%2Ffibextensions1-1.png&t=665&c=cms-o9Mg-jfW9Q) These higher targets are low probability though. There is a distinct possibility that the current bitcoin rally can run out of steam between $4400 and $7000 and we would then enter a multi-year bear market. You really want to be mostly out of bitcoin before the next bear market which will be painful. Start taking some profits now. However, there is also a rule to live by: never sell all your bitcoin. $4448 now. The chart shows $4433. Was the resistance broken? Is this the new floor? Top at $7079 now?
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jojo69
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diamond-handed zealot
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August 15, 2017, 02:34:18 AM |
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almost there ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fvignette4.wikia.nocookie.net%2Fstarwars%2Fimages%2F5%2F53%2FPorkins.jpg%2Frevision%2Flatest%2Fscale-to-width-down%2F500%3Fcb%3D20111104223725&t=665&c=ywOk6Rt8tBb8kQ)
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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August 15, 2017, 02:34:39 AM |
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Where is r0ach btw?
scurried back under the fridge Oh. I hope he will be back when 1BTC reaches parity with 1KG Gold bar so he can sell us some.
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JimboToronto
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You're never too old to think young.
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August 15, 2017, 02:34:53 AM |
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Cool. Just back from the ballpark. Both my teams won.
Jays 2-1 over the Rays. Bitcoin ATH $4394USD (Bitcoinaverage).
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empowering
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August 15, 2017, 02:35:33 AM |
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Finex is knocking on $4400 ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Dotto
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No maps for these territories
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August 15, 2017, 02:35:39 AM |
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Resistance is futile
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deepcolderwallet
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August 15, 2017, 02:36:45 AM |
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I not selling my ALTS I not selling my ALTS I not selling my ALTS I not selling my ALTS I not selling my ALTS Should I sell my ALTS?? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Answer is No. This bull race won't keep up forever, and once it cools down alts may valorize. At least this has been the market dynamics so far. Yup, I won't sell my alts either. At the very least they are a hedge against any Bitcoin issue. Anyway my alts are now like less than 15% of my portfolio. I've been even mining ETC at loss, and of course keeping it, naively waiting for it increase value and exchange for BTC. ETC is the third in total value in my portfolio (LTC second). I won't be selling it anytime soon, just in case. PLus I never, ever sell at the bottom.... even if the bottom could go lower. Same situation here. 1- BTC + BCH (1/2 because I was very fortunate to convert half my altcash for BTC @ 0.3) 2- LTC 3-ETC 4- A mix of various craps I mined for some months until realise only ETC was a GPU-mineable alt that could survive any longer...
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empowering
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August 15, 2017, 02:39:47 AM |
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Finex $4410 lol
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deepcolderwallet
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 15, 2017, 02:41:34 AM |
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235 BTC Wall spotted @$4400.00 on Bitstamp.
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bitserve
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Self made HODLER ✓
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August 15, 2017, 02:42:23 AM |
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Finally! An interesting fucking wall to observe!
around 300 BTC at Bitstamp to break 4400
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MinermanNC
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August 15, 2017, 02:47:05 AM |
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Did someone say 5000?
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Dotto
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No maps for these territories
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August 15, 2017, 02:47:43 AM |
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4400 exact in bitstamp. A lot of people is reading this thread
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MinermanNC
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August 15, 2017, 02:54:07 AM |
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In less than 3 days or so we have gone up around $800.00 we need 600.00 more in 3 days to hit 5k lol I see no reason for it to stop now... a bit optimistic here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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deepcolderwallet
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August 15, 2017, 02:54:17 AM |
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All Crypto Market Cap.: $141.005.766.671 BTC Market Cap.........: $73.090.413.146 BTC Dominance.........: 51.8%
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bitserve
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Self made HODLER ✓
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August 15, 2017, 02:57:16 AM |
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The main wall was moved to 4370 and has been eaten fully.
Second wall also lowered to 4370. Being eaten....
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eXpl0sive
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 15, 2017, 03:02:49 AM |
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All Crypto Market Cap.: $141.005.766.671 BTC Market Cap.........: $73.090.413.146 BTC Dominance.........: 51.8%
Bitcoin did a 51% attack on alts.
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MinermanNC
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August 15, 2017, 03:03:24 AM |
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All Crypto Market Cap.: $141.005.766.671 BTC Market Cap.........: $73.090.413.146 BTC Dominance.........: 51.8% Can you get this stat from a week ago. Would be interesting to see the BTC Cap %, then. Alts are falling flat from a week ago, naturally lol
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deepcolderwallet
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 15, 2017, 03:09:17 AM |
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The main wall was moved to 4370 and has been eaten fully.
Second wall also lowered to 4370. Being eaten....
Second wall fully eaten, Stamp recovering...
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