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Author Topic: Settled at ~$6400 for now?  (Read 383 times)
ricardobs
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September 09, 2018, 04:51:31 PM
 #21

It definitely won't "settle" at $6400, first of all it dropped even further than that already but it will also go up, this is bitcoin we are talking about the price never settles for too long, it definitely doesn't move %10 hourly all the time but it just stays there for couple days than move.

When just a week ago the price was 7.200 dollars did we thought the price "settled" no because we knew that the price would eventually move to a direction, we just didn't know which direction. Same applies here, the price is low right now but I am sure it won't stay like this for a long time and it will move to a direction that will change soon.

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The Pharmacist
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September 09, 2018, 05:17:25 PM
 #22

Rolls Royce Dealership accepting Bitcoins.
That's interesting, I had not heard about that.  There must be quite a few crypto-bazillionaires in existence, and it kind of makes sense that at least some of them would be interested in buying a Rolls.  I'd love to see how that all plays out, whether any cars are sold for bitcoin or not.  Something tells me that the number won't be that high, but I hope to be wrong on that.

2016:  >$300
2017:  >$900
2018:  >$5,800
I get what you're saying here (and not much else, no offense), and I don't think the big bull run we've seen in bitcoin is over yet, either.  I don't think bitcoin has "settled" anywhere, though it's certainly possible that it could stall out at any price.  Bitcoin has done that in the past.  However, the above are past prices and I'm a firm believer that past market prices are no indicator of future behavior.  This is why I'm not a fan of technical analysis.

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September 09, 2018, 07:22:07 PM
 #23

That's a nice little F-U spike for the bears Grin



We broke down from the local bear flag, but then bear momentum failed and we instantly retraced yesterday's dump. Good sign of a local bottom and short term recovery. If we can break above the $6,500 level, there should be another good short squeeze as late bears start chasing price. It'd be nice to see a bullish engulfing candle on the 1-day. Let's see how it closes.

The bigger picture is unclear to me for now......

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September 12, 2018, 06:14:20 PM
 #24

Yes, there is many thing will going to happen as bulls are coming. If this is going like this we can not expect a stable market, seller will be loser.
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September 12, 2018, 06:51:22 PM
 #25

The whole world is getting into cryptocurrency, the nations are talking serious positives steps, the bigger brands are connecting with crypto world daily. The crypto world is currently based on bitcoin so the assumption says that there is a huge surge is coming for bitcoin
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September 13, 2018, 05:53:37 AM
 #26

It is the best time to invest on this market. In recent time bitcoin’s price is in a reasonable stage so you can buy this coin. After some days later bitcoin price will rise again.
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September 13, 2018, 04:14:19 PM
 #27

The crypto market is so much volatile. With full of uncertainty but among this all bitcoin is going up for last 2-3 years. It has passed all the anomalies on the road and gained a great achievement. So, it could be said that it will gain a great success in the last of 2018.
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September 13, 2018, 04:41:08 PM
 #28

The surge is yet to come. The end of the year 2018 will be a great time for BTC, I am getting the felling from now that the December 2018 will be golden time for the bitcoin miners and investors. There’s been a good journey from 2016 the price reached from around 3k to 6 and a half K.
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September 13, 2018, 05:09:45 PM
 #29

Goldman Sachs.

CBOE proposal.

BlackRock ETF.

Rolls Royce Dealership accepting Bitcoins.

September has and will be seeing a lot.

I can feel the heat. The bulls are coming. Something is gonna happen before December for sure.

Be strong.

What do you mean with: " Something is gonna happen before December for sure. " and about this:

Goldman Sachs = Goldman Sachs CFO: Recent Reports About Crypto Trading Desk Are ‘Fake News’

CBOE proposal = we will see on September 30th

BlackRock ETF = Coinbase Considers Launching Crypto ETF with Help of Wall Street’s BlackRock, Say Sources ( There is nothing concrete )

Rolls Royce Dealership accepting Bitcoins = Is good news, but it will not be enough to raise the price too much












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September 13, 2018, 05:25:15 PM
 #30

Even though the coins are not that high in terms of the price, but we can see that the future of the coins in the market are bright. A giant like Rolls Royce and their interest in BTC only proves that the coin will hold a high value in the future and as a result, these whales are claiming their stake in the market.
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September 13, 2018, 05:48:15 PM
 #31

Yes, that's right. It's always better to be prepared for anything and everything. Bitcoin prices have been going up by every year and this is no joke, and as far as bull run is concerned it could happen next month or next year. It depends on't the market condition since it easily gets manipulated.
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September 13, 2018, 06:29:08 PM
 #32

I hope it's true, because I'm afraid everyone will get bored with this situation.
I hope that before December Bitcoin will show good changes.
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September 16, 2018, 01:23:11 PM
 #33

If the market is berish, it is evident that the bull run will come. The only uncertainty is, when? But given that giants like Rolls Royce are now getting invested in this market, it means that the bull run is coming, soon. We just need to be patient.
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September 16, 2018, 04:15:39 PM
 #34

The whole world is getting into cryptocurrency, the nations are talking serious positives steps, the bigger brands are connecting with crypto world daily. The crypto world is currently based on bitcoin so the assumption says that there is a huge surge is coming for bitcoin
Even if we get to see some good bullish movement, which does not mean, we should expect the same movement compared to last year. The truth still remains that no one certainly knows how the market would behave in the short and long of it, but whichever way, we are still optimistic for the future. Things are changing fast, development will keep coming, things would get better, and at some point, price will skyrocket, but at this stage, even in as much as a lot of people are expecting a huge bullish run at the moment, I really would prefer to just stick with the trend.

Moreover, I sure expect something to happen before December and for sure we may start beginning to see the move before the end of this month. The bulls have always been around the corner and even as at now, they have been trying hard to hold the market together to some extent.

Nevertheless, either the bulls eventually set in later on, how long we go is still best known with time, which I may not be expecting as much as last year. However, it is, we are still upward and just experiencing a short downward correction.


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LeGaulois
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September 16, 2018, 07:00:50 PM
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 #35

If the market is berish, it is evident that the bull run will come. The only uncertainty is, when? But given that giants like Rolls Royce are now getting invested in this market, it means that the bull run is coming, soon. We just need to be patient.

Fake news, Rolls Royce isn't investing in Bitcoin or any other cryptos. I am so tired of these people who just repeat like a parrot but are not able to understand what they read. They just repeat what they read here from the low information voter.
And if you think a bull run is coming because Rolls Royce accept BTC then you are so dumb

BitHodler
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September 16, 2018, 08:08:21 PM
 #36

And if you think a bull run is coming because Rolls Royce accept BTC then you are so dumb
People here never fail to surprise me with their posts. If this was 2013 and maybe even 2014 the market might have given a shizzle about merchant adoption, but we're way past that stage already.

I remember how people were spreading fake news that Amazon was about to accept Bitcoin, lol. Noobs at some point really believed that. Threads were flooded with generic 'this is good news for Bitcoin' posts.

So much excitement but none of these noobs even use Bitcoin as currency. For them it's just good news because they think they can sell at a higher price. Say thank you to mainstream adoption to have these people here.

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September 16, 2018, 08:40:51 PM
 #37

10 days at a price when some volatility is exist means there will be some steep move soon.
İ expect in a few hours to days a move to up or down but market need move just look at history of it.
By the way dont think that news will affect anything.

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figmentofmyass
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September 16, 2018, 10:28:02 PM
 #38

I remember how people were spreading fake news that Amazon was about to accept Bitcoin, lol. Noobs at some point really believed that. Threads were flooded with generic 'this is good news for Bitcoin' posts.

So much excitement but none of these noobs even use Bitcoin as currency. For them it's just good news because they think they can sell at a higher price. Say thank you to mainstream adoption to have these people here.

that's true, but i suppose that's why bitcoin works: greed. the mining incentive, limited supply, metcalfe's law......satoshi knew the economics underlying bitcoin would cause its incredible price rise if it ever caught on. people are (mostly) rational and they see that too by now, so it's only natural that they chase the price.

i remember an old trading buddy of mine used to say: "one day, the world is going to collectively realize there's only 21 million bitcoins, and that time is running out." i'd love to see more people adopt BTC as a currency, but there's no way around the greedy hoarding.

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September 17, 2018, 12:00:06 AM
 #39

This week that price is stable with more than 6000 dollars and I hope it will increase again. And Im still believe in the month of december it will pump again like more than 20k dollars. We do not want to see again below 6000 dollars so don't panic.

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September 17, 2018, 12:04:23 AM
 #40

I remember how people were spreading fake news that Amazon was about to accept Bitcoin, lol. Noobs at some point really believed that. Threads were flooded with generic 'this is good news for Bitcoin' posts.

So much excitement but none of these noobs even use Bitcoin as currency. For them it's just good news because they think they can sell at a higher price. Say thank you to mainstream adoption to have these people here.

that's true, but i suppose that's why bitcoin works: greed. the mining incentive, limited supply, metcalfe's law......satoshi knew the economics underlying bitcoin would cause its incredible price rise if it ever caught on. people are (mostly) rational and they see that too by now, so it's only natural that they chase the price.

i remember an old trading buddy of mine used to say: "one day, the world is going to collectively realize there's only 21 million bitcoins, and that time is running out." i'd love to see more people adopt BTC as a currency, but there's no way around the greedy hoarding.

I mean there really isn't any way around it, people wont suddenly start using bitcoin just because it's decentralized and a few other aspects. For most people using bitcoin or any other cryptocurrency to pay for stuff is much harder and riskier than using a credit card/bank/paypal.

I don't think ETF denial will be such a big deal just because most people already expect it to be denied but we will see.

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