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Author Topic: Mexican Standoff  (Read 85 times)
mfort312
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April 11, 2018, 03:42:07 PM
Merited by gentlemand (3), botany (2), Kemarit (1)
 #1



Analysts, institutions, and developers remain incredibly bullish.

Noob speculators, butt-hurt weak hands, and overextended taxpayers who dove head first into the kiddie pool are hemorrhaging bearishness.

OG HODLers won't sell but won't buy either.

Who will make the first move?

Soros: Bitcoin is a bubble, no wait...BTFD, yo:
George Soros Prepares to Trade Cryptocurrencies

Rockefellers extend middle finger to Soros:
First Soros, Now Rockefellers Move into Cryptocurrency

Futures markets hungry for MOAR:
Cboe urges U.S. regulators to move forward with bitcoin ETFs

Japanese Firm paying salaries in crypto (+10% bonus):
Are Bitcoin Salaries the Future? This Japanese Internet Company Thinks So

Established, Regulated Online Brokerage buys exchange:
Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

Mobile Payment Firm buys exchange:
Circle CEO Allaire on Bitcoin, Blockchain & the Bank of the Future

Twitter CEO: Bitcoin will be the world's sole currency:
Lightning Labs just raised millions from Jack Dorsey and others to supercharge blockchain transactions

Elizabeth Stark: It's about Bitcoin, Stupid:
Lightning Labs CEO: We are back to a 'bitcoin, not blockchain' world

Fundstrat Analyst Tom Lee: BTFD:
The Bitcoin Misery Index, BMI, Is Flashing A Buy Signal

Analyst Ronnie Moas 2018 Target: $28,000
Ronnie Moas Thinks $300,000 Is a Realistic Bitcoin Price Target

Analyst Trace Mayer 2018 Target: $115,000
TRACE MAYER: BITCOIN MAY HIT ‘SIGNIFICANTLY OVERVALUED’ $115K IN 2018

Analyst Max Keiser: Bitcoin to $100,000:
'Bitcoin is a gift from God to help humanity sort out mess it has made with its money'

Web Bot Founder: New apps and fresh adopters to propel Bitcoin to $60,000 in 2018:
Clif High and John McAfee drop Bitcoin Price Predictions that may shock you

John McAfee: BTFD or I'll eat a dick!:
$1mn by 2020: John McAfee will still ‘eat his own d*ck’ if he’s wrong about Bitcoin

Meanwhile, on Bitcointalk Speculation Forums:
fud Fud FUD Fud fud
DOOM doom doom doom DOOM DOOM DOOM


Bitcoin Price Action:

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Toxic2040
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April 11, 2018, 03:47:35 PM
 #2

Don Pedro Dinero
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April 11, 2018, 03:53:25 PM
 #3

Nice article. Sorry that I can't give you any merits.

Smart investors buy good assets when everybody is selling, so I'm not surprised about that. They will sell when prices skyrocket again, when the masses will be buying.
mfort312
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April 12, 2018, 12:24:35 PM
 #4



Analysts, institutions, and developers remain incredibly bullish.

Noob speculators, butt-hurt weak hands, and overextended taxpayers who dove head first into the kiddie pool are hemorrhaging bearishness.

OG HODLers won't sell but won't buy either.

Who will make the first move?


Quote from: Game Theory
A Mexican Standoff is a three person gun duel. According to standard game theory, the first person to shoot is most likely to lose. The person they shoot at is also likely to lose. The third person has the best chance of winning.

Bulls shot first. Bears shooting back.

HODLers still standing.

Bitcoin. The drama never ends. Grin
fabiorem
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April 12, 2018, 12:37:07 PM
 #5

I'm a holder, but I will buy if we fall to at least 4k.

I'm not going to sell in any of these prices. Too cheap.
botany
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April 12, 2018, 01:29:50 PM
 #6

Quote from: Game Theory
A Mexican Standoff is a three person gun duel. According to standard game theory, the first person to shoot is most likely to lose. The person they shoot at is also likely to lose. The third person has the best chance of winning.

Bulls shot first. Bears shooting back.

HODLers still standing.

Bitcoin. The drama never ends. Grin

A Mexican standoff ends quickly when it lasts. This one seems to be a long drawn out affair. 
In the current situation, most of us are holders. Smiley
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April 12, 2018, 01:50:20 PM
 #7

George Soros and the Rockefellers?  Wtf?  If those people are confirmed getting in on the action then that's uber bullish news imo.

Where did all this Soros bs come from anyway...?  That has to be fake.  I mean if he really was getting in, we'd know when the price is at 50K USD or something so he could dump.  Lol.

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April 12, 2018, 02:25:52 PM
 #8

George Soros and the Rockefellers?  Wtf?  If those people are confirmed getting in on the action then that's uber bullish news imo.

Where did all this Soros bs come from anyway...?  That has to be fake.  I mean if he really was getting in, we'd know when the price is at 50K USD or something so he could dump.  Lol.

Well, George Soros is going to buy bitcoins, he would not go in and do it all at once. Plus when they say they are going to 'trade' cryptocurrencies, it doesn't mean that they are going to go long. Soros especially has made a lot of money going short.  Smiley


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April 12, 2018, 02:34:29 PM
 #9

Well, George Soros is going to buy bitcoins, he would not go in and do it all at once.
I don't think he will start buying, especially if we think further; only dumb money buys the news. Soros has likely bought himself tons of crypto already, and perhaps even shorted the market from the top not that long ago. People on internet can make fun of him as much as they want, but he isn't stupid. He knows how to play this game, especially if he has been observing this market for years, which I am pretty sure of he has. Wink

Plus when they say they are going to 'trade' cryptocurrencies, it doesn't mean that they are going to go long. Soros especially has made a lot of money going short.  Smiley
Correct. However, going short is too late now, it would be a stupid and very gambling-like move. Going comfortably short should have been be done in December and January. There are different market phases, and each market phase requires a different approach. Him having made tons of money by going short doesn't mean he goes short on everything, especially not when it comes to crypto in current stage. It's adapting to the rapidly changing situation.

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