Torque
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Activity: 3542
Merit: 5039
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March 29, 2018, 05:23:26 PM |
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I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now. But serious question though: why would you consider this bullish? 1. Bitfinex is considered one of the shadiest exchanges 2. The Japanese have their own exchanges 3. We are in a downtrend. Even positive news gets ignored. |
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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March 29, 2018, 05:31:52 PM |
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I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now. But serious question though: why would you consider this bullish? 1. Bitfinex is considered one of the shadiest exchanges 2. The Japanese have their own exchanges 3. We are in a downtrend. Even positive news gets ignored. That's all true, but still, hype plays a heck of role in pumping, and news like this from Bitfinex (even though it's one of the shadiest exchanges, but still it plays a lot of role in creating hypes) should've pumped bitcoin by at least like $300 or so. |
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RayX12
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March 29, 2018, 06:21:43 PM |
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.....
3. We are in a downtrend. Even positive news gets ignored.
Means the bottom is in and only a matter of time before price moves significantly higher.  |
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tonyq
Legendary
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Activity: 879
Merit: 1001
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March 29, 2018, 06:24:49 PM |
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Rosewater Foundation
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March 29, 2018, 06:25:17 PM |
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.....
3. We are in a downtrend. Even positive news gets ignored.
Means the bottom is in and only a matter of time before price moves significantly higher. It means we are in a downtrend, even positive news gets ignored. There's no telling where the floor is. If you go out dancing you better bring your own rug. |
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RayX12
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March 29, 2018, 06:31:20 PM |
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.....
3. We are in a downtrend. Even positive news gets ignored.
Means the bottom is in and only a matter of time before price moves significantly higher. It means we are in a downtrend, even positive news gets ignored. There's no telling where the floor is. If you go out dancing you better bring your own rug. Are you back now? You said goodbye already, why dont you go away???  It seems like so many bears where sleeping while the bottom was set in with huge volume of capitulation on February 5th. |
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RayX12
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March 29, 2018, 06:39:13 PM |
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The bear is dying!  |
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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March 29, 2018, 06:41:31 PM |
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RayX12
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March 29, 2018, 06:57:45 PM |
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The bear has been tamed!  |
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LFC_Bitcoin
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Activity: 3514
Merit: 9492
#1 VIP Crypto Casino
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March 29, 2018, 07:01:14 PM |
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The bear is alive & well from what I can see
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dxbcoin
Member
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Activity: 280
Merit: 12
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March 29, 2018, 07:08:19 PM |
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32%+ people here want a bull, let's the bull run!
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DaMut
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March 29, 2018, 07:15:07 PM |
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32%+ people here want a bull, let's the bull run!
the bull will not make any movement until everybody turned to bear,because the market get manipulated heavily by the whales. which mean the price will move to the opposite side from what we are thinking. when people hoping for the bull,the market will give us the bear. and on the other hand,when we are expecting bear. the market will move up like a crazy. that is why many people said like this 'when i sold my coin,the price went up significantly'. it's like the market tricking us,but the truth is we are moving to the opposite side of the market itself. |
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Hueristic
Legendary
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Activity: 3794
Merit: 4865
Doomed to see the future and unable to prevent it
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March 29, 2018, 07:18:34 PM |
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nikauforest
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March 29, 2018, 07:20:01 PM |
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I think we need to see some sort of capitulation before this bear is finished. Maybe we are getting close. I think we need some panic selling.
Prices are still up quite a bit from one year ago. ( to keep things in perspective )
On April 2, 2017
BTC = 1079.44
XMR = 21.22
etc..
I would prefer this bear does not drag on, so a panic flush, would set the stage for setting a base and a new bull. I hate the drip , drip , drip of down. It does feel a little like 2014.
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RayX12
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March 29, 2018, 07:32:13 PM |
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I think we need to see some sort of capitulation before this bear is finished. Maybe we are getting close. I think we need some panic selling.
Prices are still up quite a bit from one year ago. ( to keep things in perspective )
On April 2, 2017
BTC = 1079.44
XMR = 21.22
etc..
I would prefer this bear does not drag on, so a panic flush, would set the stage for setting a base and a new bull. I hate the drip , drip , drip of down. It does feel a little like 2014.
As I said above: It seems like so many bears where sleeping while the bottom was set in with huge volume of capitulation on February 5th.
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rafanadal
Member
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Activity: 368
Merit: 31
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March 29, 2018, 07:32:28 PM |
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Can't believe that anno 2018 I am still able to casually buy a whole bitcoin, another one into the jar!
Looking forward high-fiveing future me.
https://www.youtube.com/watch?v=YhvD_jYlK3Q |
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nikauforest
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March 29, 2018, 07:40:22 PM |
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I think we need to see some sort of capitulation before this bear is finished. Maybe we are getting close. I think we need some panic selling.
Prices are still up quite a bit from one year ago. ( to keep things in perspective )
On April 2, 2017
BTC = 1079.44
XMR = 21.22
etc..
I would prefer this bear does not drag on, so a panic flush, would set the stage for setting a base and a new bull. I hate the drip , drip , drip of down. It does feel a little like 2014.
As I said above: It seems like so many bears where sleeping while the bottom was set in with huge volume of capitulation on February 5th.
Feb 5th/6th could be the bottom. I guess we are in the process of testing that bottom now. |
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HI-TEC99
Legendary
Offline
Activity: 2772
Merit: 2846
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March 29, 2018, 07:45:29 PM |
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I think we need to see some sort of capitulation before this bear is finished. Maybe we are getting close. I think we need some panic selling.
Prices are still up quite a bit from one year ago. ( to keep things in perspective )
On April 2, 2017
BTC = 1079.44
XMR = 21.22
etc..
I would prefer this bear does not drag on, so a panic flush, would set the stage for setting a base and a new bull. I hate the drip , drip , drip of down. It does feel a little like 2014.
I think it will play out like this chart shows. A bit of a dip, then upwards. I have a strong gut feeling something like this is going to happen:   |
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