BillyBobZorton (OP)
Legendary
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Activity: 1204
Merit: 1028
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March 12, 2017, 06:52:45 PM |
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Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.
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roland808
Newbie
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Activity: 48
Merit: 0
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March 12, 2017, 07:02:21 PM |
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FOMO?
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Gillette
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March 12, 2017, 07:06:48 PM |
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We will most likely touch 1,300 but what will happen next? Up again or down and consolidation? That`s the question!
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Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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March 12, 2017, 07:22:12 PM |
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I predict a climb.
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ridery99
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March 12, 2017, 10:00:12 PM |
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10 k baby, 10k
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ivanst776
Legendary
Offline
Activity: 1540
Merit: 1003
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March 12, 2017, 10:52:32 PM |
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Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.
The price at the middle of the month is getting stabler and I think this is a good thing to bitcoin, I highly believe that bitcoin price is very near to reach $1,300 and I hope that it will happen in this month or at least in the beginning of April. But we should estimate what could be the bottom price of bitcoin, $1,200 is not anymore as the price can crash anytime to $1,100 but I think that a strong bottom price is 1,000+
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elebit
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March 12, 2017, 11:24:38 PM |
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oaks05
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March 13, 2017, 12:40:46 AM |
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ETF only temp knocked it down def seems like its headed to 1300 again
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ImHash
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March 13, 2017, 01:00:45 AM |
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As I have always said bitcoin has strong and real community picking up any dumps, the system works like this: if you are a fat person you will gain more weigh as days going by and you'll never lose say 10 pounds over night as everything has a natural process, with bitcoin somehow is similar if you ever noticed, price never drops or jumps much suddenly across all the exchanges whenever it drops there are people with actual balls to buy it back up. if we could maintain this healthy relationship and let it occur naturally I'm sure we can push the price $40 up every week.
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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March 13, 2017, 01:14:47 AM |
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I think the latest spin to pin Bitcoin's rise now is the debt ceiling (because the lagacy news media can't figure out why Bitcoin is so resilient).
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Yuuto
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March 13, 2017, 04:04:12 AM |
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Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.
One of my friends actually shorted bitcoin right after the ETF decision. Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts. Bitcoin has received amazing community support over this period of time. I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end.
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X-ray
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March 13, 2017, 04:10:49 AM |
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No doubt if we will reach $1300 as soon as possible, with the massive supporter and the strong community to push the bitcoin always up and up. I glad to see the comeback of the bitcoin into the next level. Just hodl and hodl.
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AngelSky
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March 13, 2017, 04:12:40 AM |
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I think the latest spin to pin Bitcoin's rise now is the debt ceiling (because the lagacy news media can't figure out why Bitcoin is so resilient).
Bro, Please share link about this, therefore. we can refer it. I do not think also bitcoin was borrowed by any government. Do not what is happen with blockchain technology.
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DaddyMonsi
Legendary
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Activity: 1344
Merit: 1006
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March 13, 2017, 04:16:15 AM |
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I don't have a crystal ball or a tarot card but by the looks of it and how the price of Bitcoin move lately, $1,300 USD is possible in a few days or weeks maybe and we may see a new all time high again $1,280 USD is the ATH recorded last March 04 this year and BTC is now being traded at $1,251 USD so $1,300 USD is within reach.
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Wind_FURY
Legendary
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Activity: 3108
Merit: 1938
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March 13, 2017, 04:44:54 AM |
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I predict a climb. You do? That is funny. I do too! What a coincidence. Thanks to the people that panicked some of my buy orders were hit. Now many of them are stuck holding their fiat and waiting for Bitcoin to go back down. Sorry it might not happen in a while.
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royalfestus
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March 13, 2017, 05:16:57 AM |
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Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.
Dump was expected but the number of buyers were more than sellers because people anticipate the dump and trader are waiting to exploit it. Since the demand was more than the supply the market had to adjust to it. Bitcoin is at a stage that market cant cause a dip for long time before it recovers, it is only the newbie that could make such mistake. Now we should expect a gradual rise to 1500 by June even with chinese factor
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pooya87
Legendary
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Activity: 3640
Merit: 11041
Crypto Swap Exchange
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March 13, 2017, 05:27:44 AM |
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FOMO?
nah, it is simply because all that money that flew out of bitcoin is not coming back! where did you think all the people who sold their coins on top (before the dive) did afterwards? that's right they all bought back in and continue to do so. the previous buy pressure for accumulation is also still there.
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jossiel
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March 13, 2017, 06:54:03 AM |
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I predict a climb. You do? That is funny. I do too! What a coincidence. Thanks to the people that panicked some of my buy orders were hit. Now many of them are stuck holding their fiat and waiting for Bitcoin to go back down. Sorry it might not happen in a while. A very bad move of them! ETF isn't that a big deal and truly thanks for those people that thought the result has a very big impact. And luckily the price is quite stable back to $1,200. $1,300 is on it's way let's just wait for sometime so that those people that did panic selling. They don't have choice anymore but to buy bitcoin at higher price.
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addicto
Legendary
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Activity: 1526
Merit: 1012
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March 13, 2017, 07:02:33 AM |
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No doubt if we will reach $1300 as soon as possible, with the massive supporter and the strong community to push the bitcoin always up and up. I glad to see the comeback of the bitcoin into the next level. Just hodl and hodl. I also think this time we will cross this barrier easily after some controversy but bitcoin is still very strong. All are happy to see this massive comeback so no doubt this storm wont stop this time. $1,300 we are coming to this way.
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Dimelord
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March 13, 2017, 08:59:04 AM |
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Looks like FOMO is kicked in. People expected bitcoin to crash harder after the SEC rejected the ETF, but the price recovered, it was stable for a while. People was with the finger on the trigger, waiting for further crashing, it didn't happen so people got desperate and FOMO kicked in.
One of my friends actually shorted bitcoin right after the ETF decision. Everyone expected bitcoin to go down to sub $1k value. And it did. But only for like an hour or two, and then it went back up to $1100~ish. Nobody expected this at all, and it proves again that markets are unpredictable even by the expert analysts. Bitcoin has received amazing community support over this period of time. I can definitely see bitcoin going to $1,500 or even $2,000 before the year's end. Obviously,People all over the world have started realizing the true potential of bitcoin and they dont want to miss this golden chance of buying bitcoin for $1000.Thats what happened and due to it,price recovered fastly.Bitcoin price is no more dependant on any group of people or any factors.People who still short bitcoins believing such factors to reduce bitcoin price would only remain as loosers.
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