Daagle23 (OP)
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Merit: 10
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January 16, 2018, 07:06:43 PM |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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cryptojoe
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January 16, 2018, 07:09:32 PM |
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Thank you for this.
Clearly people have new year resolutions, don't have money and get scared year after year.
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Marsouc
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January 16, 2018, 07:14:32 PM |
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Thats why we all need to HODL and not to panic. Also if we take a look on complete graph we can see that this already happened a couple of time. Now it is great opportunity for those who want to invest additionally  |
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grumpygit
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January 16, 2018, 07:18:08 PM |
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I cannot bare to read some of the spineless posts today and over the last few weeks, people forget so easily. It was only in early December that we were all wondering could Bitcoin reach the impossible level of $10,000. It has done and it still is above that level after a heavy fall, if you don't have the nerve or guts then go and invest in something safer and boring. |
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vibingpositively
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January 16, 2018, 07:21:24 PM |
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Omg sweet I was keeping it together but barely because I was fearing we have switched trends over, good to know I can relax and this has happened before. Not saying it will go up soon but this gives me confidence to hodl harder than I could now.
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cryptocrusher
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January 16, 2018, 07:26:39 PM |
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It's really interesting to see this. This is my first January in crypto and I'd heard it was traditionally a bad month for bitcoin and crypto as a whole, mostly I just figured it was some strange coincidence but each year it happens it's becoming less of a coincidence. The question then is why is it that January is such a bad month? As of yet I've been unable to answer this one. |
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Daagle23 (OP)
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Activity: 82
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January 16, 2018, 07:27:13 PM |
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Have missed the year 2014, everyone should know why.
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Daagle23 (OP)
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Activity: 82
Merit: 10
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January 16, 2018, 07:29:00 PM |
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It's really interesting to see this. This is my first January in crypto and I'd heard it was traditionally a bad month for bitcoin and crypto as a whole, mostly I just figured it was some strange coincidence but each year it happens it's becoming less of a coincidence. The question then is why is it that January is such a bad month? As of yet I've been unable to answer this one. I think it's just a guess that the Chinese are celebrating New Year. There are certainly more reasons but this is one of them. |
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Sn1p3r
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January 16, 2018, 07:32:33 PM |
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Thank you so much for this information accumulated in one place!
This is "In your face!" for all panic sellers
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cryptojoe
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January 16, 2018, 07:33:24 PM |
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Thank you so much for this information accumulated in one place!
This is "In your face!" for all panic sellers
Right on! |
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nl247
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January 16, 2018, 07:37:42 PM |
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I always see mid year January as bitcoin revving up for the year. I remember how scared I was last year January but at the end, the patience, keeping deaf ear to FUDS and so on really paid off. People should just understand that this is normal and the same way we have bulls, we will always have bears in the market.
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Skroojee
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January 16, 2018, 07:37:52 PM |
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Every year the middle of January, there is an action for the purchase of altcoyins with discounts  |
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TopT3ns
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January 16, 2018, 07:45:58 PM |
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4 years already i see bitcoin price dropped in january but will back increased at mid of the year, usually it happen because of people who sell their coins for chinese new year, but this year don't know what is the reason because chinese already ban bitcoin |
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Alok_Yadav
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January 16, 2018, 07:46:42 PM |
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Yes, it dropped.
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FeynmanR
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January 16, 2018, 08:07:35 PM |
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that's a very good reminder for the panic sellers, all the charts are showing that we are having a healthy correction in the market atm, it's highly expected to see a bull run by the end of january 2018.
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cryptojoe
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January 16, 2018, 08:11:38 PM |
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Apparently it happens every, year, and just like people scream about the end of the world each time 1000 years pass, so people in January yell about the death of bitcoin. Let them, then they'll come back to say they're stupid. History repeats itself.
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Fileiro
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Activity: 134
Merit: 10
quarkchain.io
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January 16, 2018, 09:13:55 PM |
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Awesome chart. Cheers |
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spngebob
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January 16, 2018, 09:41:21 PM |
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That is very good chart and showing why is not good to invest in january. People don't have money in January and they are pulling out money from every place they can. Bitcoin has it's peak at $20K and from that point is only dropping, lots are saying that is correction, but was it? Very big correction if you ask me.
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supine
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January 16, 2018, 09:42:57 PM |
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Usually after the Christmas bitcoin surge, people withdraw their money on January. So, we can just mark January as a dumping time. Well, we should get used to it because it's part of the crypto cycle. Prices will recover soon for sure, this was all because of the FUD coming out. So, just hold strong. |
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