Anon136
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June 05, 2018, 04:09:02 PM |
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A new Bart has begun. Do the Bartman ? This cartoon 'kid' is like 30 years old by now
Seriously what does this formation relate to, the transition from west/europe over to Asia and back again ? Reminds me of a phase change on a transformer or something.
A trader told me BCH is bullish medium term apparently, set to do well. I thought that was mostly previous due to the fork and speculation on that, any reason for more demand on it recently?
It's just some big players moving funds around the globe for arbitrage. Think of it like the heart-beat of cross-border financial transactions bitcoin is performing. Buy 1m in HK, Sell in NY, Buy 2mm in Zurich, Sell in Singapore ... etc, etc. Bitcoin is working. Hmm... If that was happening on the right scale I could definitely imagine it forming exactly that pattern. It makes sense. Do you have any evidence or arguments to support it?
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Karartma1
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June 05, 2018, 04:55:54 PM |
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@Anon136 That is to me an accurate chart on price manipulation which is definitely worth to be mentioned here on the WO. The Bart Simpson pattern became a thing and, trust me, I would love if it would cease. So it goes now, there is not much to do but hey, after the third Bart pattern I started to take some profit and bought a bit more on the way down. If they play, I will do that too.
To what do you attribute it? I mean more specifically than just "manipulation" generally. Looking at that so-called "Bart Simpson" chart pattern, I don't really see the mystery. That is exactly what a trading market pattern would look like if you have: a) major sideways wash trading b) the float on exchanges being really thin c) only one or a few whale market participants using large margin d) volume being led by one or only a few exchanges Which is the environment we are in right now. The whale is ready to rek anyone who takes up a sizable position in either direction. It could be the exchange owners themselves. Agree! Exchange owners are some of the largest and dirties whales around; they are more like Killer Whales acting solely on profit gouging! Torque definitely put that better than me but at the end of the day I call it price manipulation. If words still mean something
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Hueristic
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Doomed to see the future and unable to prevent it
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June 05, 2018, 05:20:16 PM |
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What ? OP is certainly a bundle of sticks... * Reads the PDF * To be fair, it does appear to be a newsletter from some fringe group that was added to the dossier. LOL, thx, I'm ascared of pdf's from anywhere.
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Last of the V8s
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Be a bank
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June 05, 2018, 05:38:10 PM Merited by BobLawblaw (1) |
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This is not going down to 5K, is it, bears. Buy now or cry later
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LFC_Bitcoin
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#1 VIP Crypto Casino
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June 05, 2018, 05:47:22 PM |
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This is not going down to 5K, is it, bears. Buy now or cry later
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shahzadafzal
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June 05, 2018, 06:10:57 PM |
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This is not going down to 5K, is it, bears. Buy now or cry later Soon BTC gonna get tired of this game... and will moon soon...!!! https://i.imgur.com/58YNcKa.jpg
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Rsiyz
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June 05, 2018, 06:16:37 PM |
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mindrust
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June 05, 2018, 06:32:13 PM |
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Gold is isolated from direct factors of economic growth but silver is an industrial metal
Gold is an industrial metal too. It is inside of almost every electronic device there is.
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European Central Bank
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June 05, 2018, 06:34:37 PM |
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bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.
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Raja_MBZ
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June 05, 2018, 06:37:32 PM |
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Gold is isolated from direct factors of economic growth but silver is an industrial metal
Gold is an industrial metal too. It is inside of almost every electronic device there is. Correct. I bought a little bit of it a few months back to have more bitcoin. ...and it worked out!
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starmman
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June 05, 2018, 06:37:44 PM |
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bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.
Interesting that somebody is ramping up the operation - hopefully that will transpire to something more bullish again in the near future
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jojo69
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diamond-handed zealot
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June 05, 2018, 06:38:45 PM |
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that is a lot of motherfucking hash
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BitcoinNewsMagazine
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June 05, 2018, 06:50:46 PM |
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Guys, let's get the topic back on track. All scam accusations should be in the scam accusation child forum. All we had to do is to click the report button, and get a moderator notified. No need to keep on ranting and derailing this thread which ultimately leads to a bottomless end. Agreed. I do have a problem when the moderators tolerate folks like @realr0ach insulting Legendary members. I warned bitcoin was in a serious bubble last December and I sincerely hope many of you got out over $18,000. We already had the dead cat bounce (great short entry at $15,000) and we are now under a daily Death Cross which is the final confirmation of a bear market: Any bounce up this month is a bull trap IMO and should be used to raise cash or short. I don't believe we will see the final capitulation until end of this year. Point of maximum pain has not been reached yet and best time to buy is when "there is blood in the streets". I do believe that long term bitcoin will do just fine but expecting a new ATH before the middle to end of 2019 is very low probability. Like unicorn sighting low probability. Sorry about that. Take trading advice here and confirm with your own analysis. Learn Ichimoku Cloud, Fibonacci, 50/200 daily moving averages/RSI and learn to make your own trading decisions. You don't become a profitable trader in one month for most it takes at least a year with guidance from a mentor. Most new traders get wiped out and quit if they are on their own. In the future I will be posting any important bitcoin analysis or trading set ups on my own website. I have not devoted much time to it lately (too busy trading) but that will change.
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Dakustaking76
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June 05, 2018, 07:05:56 PM |
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BTC related question:
I geus were on a correction? From €66xx back to €63xx
Damn when are we going to explode upwards
What are you talking about? First of all this is a BTC/USD tracking thread, so why are you citing BTC prices in terms of pounds Euros? [ this sentence edited based on a subsequent post of Robin, Hood] Second, BTC prices remain in a consolidation zone... In recent days they are neither going down or up.. Haven't you noticed? Of course not, you are too busy wishing and trolling your wishes. Yes, there may have been some posters and some proclamations asserting predictions that BTC prices going up or down or even granting greater chances to UP rather than DOWN - yet the mere fact that BTC prices are stalling within a not too dramatic consolidation range does not really tell us much of anything. Regarding the zone of the actual consolidation, perhaps $7k is the low that would need to be broken before you start shooting your FUD spreading load too quickly, and even then, breaking $7k support would not necessarily indicate that BTC prices are going to break below $6,500, or $5k or even go below $3k as you likely would prefer in your preferred wet dream scenario. Uhm lal i didnt post to troll grrr
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rolling
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June 05, 2018, 07:16:12 PM |
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bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.
The difficulty increased by 634 billion which is the largest increase in the history of bitcoin. The increase in this period alone is nearly equal to the entire network difficulty 1 year ago.
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BitcoinNewbie15
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Bitcoin isn't a bubble. It's the pin!
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June 05, 2018, 07:22:54 PM |
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Guys, let's get the topic back on track. All scam accusations should be in the scam accusation child forum. All we had to do is to click the report button, and get a moderator notified. No need to keep on ranting and derailing this thread which ultimately leads to a bottomless end. Agreed. I do have a problem when the moderators tolerate folks like @realr0ach insulting Legendary members. I warned bitcoin was in a serious bubble last December and I sincerely hope many of you got out over $18,000. We already had the dead cat bounce (great short entry at $15,000) and we are now under a daily Death Cross which is the final confirmation of a bear market: Any bounce up this month is a bull trap IMO and should be used to raise cash or short. I don't believe we will see the final capitulation until end of this year. Point of maximum pain has not been reached yet and best time to buy is when "there is blood in the streets". I do believe that long term bitcoin will do just fine but expecting a new ATH before the middle to end of 2019 is very low probability. Like unicorn sighting low probability. Sorry about that. Take trading advice here and confirm with your own analysis. Learn Ichimoku Cloud, Fibonacci, 50/200 daily moving averages/RSI and learn to make your own trading decisions. You don't become a profitable trader in one month for most it takes at least a year with guidance from a mentor. Most new traders get wiped out and quit if they are on their own. In the future I will be posting any important bitcoin analysis or trading set ups on my own website. I have not devoted much time to it lately (too busy trading) but that will change. I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.
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mindrust
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June 05, 2018, 07:31:30 PM |
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I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.
Who cares any price below ATH is a cheap price. We already experienced it many times. Even if we go full bear for the next 2-3 years, as soon as we go above 20k$ (and i know we will) you'll make at least %100 profits if you buy from these prices. Those who bought from $20k however will have to wait for $50k and its not impossible. Will probably see $100k+ after the halvening.
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LFC_Bitcoin
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June 05, 2018, 07:37:14 PM |
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I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.
Who cares any price below ATH is a cheap price. We already experienced it many times. Even if we go full bear for the next 2-3 years, as soon as we go above 20k$ (and i know we will) you'll make at least %100 profits if you buy from these prices. Those who bought from $20k however will have to wait for $50k and its not impossible. Will probably see $100k+ after the halvening. I agree, within 12 months after the next halving this thing is going fucking parabolic. It’s all about supply & demand, when there are half the amount of coins per block for the miners you’re going to see a rapid rise. 2020-2021 has always been my target to see us become uber rich.
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thisisntbic
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June 05, 2018, 07:39:04 PM |
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“I respect Bitmain, but we will bypass them," said CEO of GMO Masatoshi Kumagai. Recall that in September 2017 GMO Internet Group announced plans to invest $ 320 million in the mining industry and the creation of a new generation of chips. According to representatives of the Japanese Internet giant, bitcoin is intended to become a “universal currency”, providing “unlimited economic freedom”. I love their confidence and outlook on bitcoin.
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