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Author Topic: BTC shorts are entering the TRAP  (Read 205 times)
dxl0536
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August 14, 2018, 02:57:18 PM
 #21

the BTC don't stronger enough to Support the whole cryptocurrency market. The the New coin leader as the eth. Then we should sellect the New coin
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Nooblife
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August 14, 2018, 03:10:17 PM
 #22

So just HOW is anyone actually shorting BTC?  So many posts of shorting BTC on Facebook and no clue here.

Thank you in advance.
jasydoggye
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August 14, 2018, 04:23:42 PM
 #23

Let the run begin. Thy will be the champ who hodles in the right time. People having little knowledge coming in BTC market gets fucked up by his own move. The wise will rise, as the market rises.
christysmile
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August 14, 2018, 05:26:12 PM
 #24

i am sorry to disappoint you but you seem to have confused bitcoin with one of the 2000 shitcoins out there that get "pumped". there is not going to be any pump.

as for the current price. it is just the ETF panic that is at its end as the weak hands have made their exit and the "rise" will only start when the ETF news comes to an end with SEC rejecting or approving it OR if people start pulling their heads out of their behinds. Wink

Yeah bitcoin doesn't have the ability to be pumped so much anymore with such a large market cap. It needs more money to get it moving so quickly. It'll certainly go up, but it's starting to follow more regular market mechanics now that the market cap is larger.

That ETF is nothing but propaganda from what I see. It's deliberate manipulation of the price and is not a real good reason for the market to swing in one way or another. Just because an ETF is approved doesn't mean that institutional investors will magically dump several million in, and just because it isn't approved doesn't mean money won't still come it.
Yoekabiddy
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August 14, 2018, 05:48:37 PM
 #25

Even if there would be a rise in price in near future, I don't think it will be a pump. First of all, Bitcoin pumping is not feasible anymore, the last pump and dump of BTC happened during last year's December, in my opinion. Now, the market has reached such higher cap that it is quite impossible for a party to play the pump and dump game alone by themselves.
Ivraes
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August 15, 2018, 05:58:46 AM
 #26

This is all due to the panic that was caused by the news regarding the ETF. The newbies or the investors who were there for quick money acted on an impulse and sold off their coins thinking they will face major loss in the future if they HODL.
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August 15, 2018, 06:36:07 AM
 #27

They were probably caught out before during the last trap and trying to regain their losses. They had better start buying now because this new bottom will reverse soon, too much support at this level means it can only flatline or rise

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jamesashmore1964 (OP)
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August 15, 2018, 08:56:28 AM
 #28

New Bears going long now
BlueBruiser
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August 18, 2018, 07:57:13 AM
 #29

I think many new investor sell bitcoin for the EFT panic. They did not research properly about this coin. Already some investor took the advantage they buy the coin at low amount and the will get high profit end of the year.
jasydoggye
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August 18, 2018, 11:17:27 AM
 #30

Many analyst predict that BTC will dead soon but there still some hope too. But it will take a long time to increase again.
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August 18, 2018, 05:42:21 PM
 #31

Smart money shorted months ago.  If your shorting now your taking a very risky chance.  You may make out however the bottom looks like its being bumped against.  I agree the trap is being set. 

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