toknormal
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Activity: 3066
Merit: 1188
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September 14, 2017, 10:01:01 AM |
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• BTC compressing
• Dumperoo
• It's technical
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Elwar
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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September 14, 2017, 10:01:10 AM |
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At some point the regulations on Bitcoin exchanges will make it increasingly difficult for people to get their hands on fiat for whatever reason they might have (momento? wallpaper?).
Provided the market cap continues to grow, thats obviously inevitable. That's the part that i agree with Jamie Dimon on, thinking that govt will play nice is naive. Where we disagree is i'm hoping with all of the bureaucracy and global nature, we'll continue to fly under the radar long enough to get too big for one govt to do anything about. Smaller governments are starting to catch on and realize that if they can create a blockchain friendly regulatory environment they can capitalize on the $100 billion industry. |
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soullyG
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September 14, 2017, 10:10:23 AM |
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At some point the regulations on Bitcoin exchanges will make it increasingly difficult for people to get their hands on fiat for whatever reason they might have (momento? wallpaper?).
Provided the market cap continues to grow, thats obviously inevitable. That's the part that i agree with Jamie Dimon on, thinking that govt will play nice is naive. Where we disagree is i'm hoping with all of the bureaucracy and global nature, we'll continue to fly under the radar long enough to get too big for one govt to do anything about. Smaller governments are starting to catch on and realize that if they can create a blockchain friendly regulatory environment they can capitalize on the $100 billion industry. Yeah, I figure greed > survival instinct (what bureaucrat really cares about the system they are working for...it's all about the $$$) |
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toknormal
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Activity: 3066
Merit: 1188
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September 14, 2017, 10:13:34 AM
Last edit: September 14, 2017, 10:27:21 AM by toknormal |
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The correction is looking bootiful on the 1-Week chart. Revaluation getting baked in. Not bubble. Firm growth rings being put in place and solid anchors - unlike the 2013/14 rise which didn't get a chance to consolidate after the 1k ATH. (Well, it did but only by the time it had lost 90% of its growth). Bricks being put in place for utter skyrocket over the next 6-18 months.   |
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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September 14, 2017, 10:33:44 AM |
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I smell potential blood in the streets again.  Revaluation getting baked in.
Not bubble.
It was never a bubble to begin with, and those zooming out on non logarithmic charts and making conclusions are idiots at best. Firm growth rings being put in place and solid anchors - unlike the 2013/14 rise which didn't get a chance to consolidate after the 1k ATH. (Well, it did but only by the time it had lost 90% of its growth).
I wouldn't mind sticking around this point, given that we don't continue much lower. |
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Starving_Marvin
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Activity: 511
Merit: 250
Open and Transparent Science Powered By Blockchain
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September 14, 2017, 10:35:30 AM |
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Hope we did hit the rock bottom. Wouldn't have believed that the price goes under 3800!
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becoin
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Activity: 3431
Merit: 1233
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September 14, 2017, 10:35:50 AM |
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Bricks being put in place for utter skyrocket over the next 6-18 months days
Corrected. |
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Elwar
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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September 14, 2017, 10:41:59 AM |
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I almost feel bad for the people selling now.
Almost.
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soullyG
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September 14, 2017, 10:48:40 AM |
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Is this like June the 15th, or July the 16th   |
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1982dre
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September 14, 2017, 10:50:06 AM |
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Was the BTC850 Wall eating that fast @bitstamp ?? |
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toknormal
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Activity: 3066
Merit: 1188
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September 14, 2017, 10:50:59 AM |
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It will bottom out in the $2200-$2800 region.
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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September 14, 2017, 10:51:35 AM |
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Was the BTC850 Wall eating that fast @bitstamp ?? Half of it was sold into (around $650k), and the rest was pulled. |
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El duderino_
Legendary
 Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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September 14, 2017, 10:53:57 AM |
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I almost feel bad for the people selling now.
Almost.
Another time ONLY FOOLS/IDIOTS selling @this point |
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fragout
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Activity: 1279
Merit: 1018
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September 14, 2017, 10:54:28 AM |
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Dump led by china again. News they they have that we dont have or more manipulation ?
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spiderbrain
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Activity: 889
Merit: 1013
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September 14, 2017, 11:03:53 AM |
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The correction is looking bootiful on the 1-Week chart.
Yeah, I agree, we're getting comfy in a long term exponential channel, and as long as we stay above around 2800 then we have a great year to look forward to. |
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d_eddie
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Activity: 2478
Merit: 2895
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September 14, 2017, 11:04:28 AM |
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Dump led by china again. News they they have that we dont have or more manipulation ?
NYT and other news sites report that regulator issued "verbal instructions" to exchanges that they have to shut down. https://www.nytimes.com/aponline/2017/09/14/world/asia/ap-as-china-bitcoin-shutdown.htmlFor the lazy BEIJING — Two Chinese business newspapers say regulators in Shanghai, the country's financial center, have ordered exchanges that trade the cyber currency bitcoin to shut down.
China Business News and 21st Century Economic Report said Thursday regulators gave verbal instructions to operators of platforms to close but gave no other details. That followed a report last week by a business news magazine, Caixin, that regulators had ordered a halt to trading.
The Chinese central bank has not responded to questions about the future of bitcoin in China but last week banned initial offerings of new cyber currencies. Central bank officials have warned that bitcoin trading could be associated with fraud.
China was one of the world's biggest markets for bitcoin but trading volume has declined as regulators tightened controls.
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d_eddie
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Merit: 2895
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September 14, 2017, 11:08:32 AM |
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Spaceman_Spiff_Original
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September 14, 2017, 11:12:46 AM |
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It will bottom out in the $2200-$2800 region.
I am looking for the 2900-3300$ region.. |
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fragout
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Activity: 1279
Merit: 1018
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September 14, 2017, 11:13:12 AM |
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What ever happend to sell on the rumor and buy on the news. The good news though is stamp and others are not following the chinese exchanges prices blindly. Still dropping but not as hard. Hopefully after today we will find the bottom.
Im calling $3134 max
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bitcoinPsycho
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Activity: 2464
Merit: 2066
$120000 in 2024 Confirmed
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September 14, 2017, 11:21:52 AM |
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Oh shit  |
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Poll
