mycoinrisk (OP)
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December 21, 2018, 04:49:50 AM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain. Check out this article I wrote hereBTC BTC BTC
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KingScorpio
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December 21, 2018, 05:00:11 AM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain. Check out this article I wrote hereBTC BTC BTCyour link isnt opening for me....
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BTCgrinders.com
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December 21, 2018, 05:22:08 AM |
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It's not impossible for BTC to move $2000 up or down either way by 2019. Our analysts do not believe it will fall below $2000 or go above $6000 by 2019 however. Full capitulation could have already happened and the current all time high could be in place for another 3-10 years.
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davis196
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December 21, 2018, 06:39:25 AM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain. Check out this article I wrote hereBTC BTC BTC1.I though that BCH no longer exists,it's replaced by the two forked coins (BSV and the other one,I forgot it's name). 2.Buying "BCH" or any other altcoin has nothing to do with launching an IPO.Why do you think there's a connection between buying altcons and IRO.Buying a bunch of altcoins won't improve the poor earnings report of Bitmain.
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nutildah
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Happy 10th Birthday to Dogeparty!
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December 21, 2018, 09:15:32 AM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain. Check out this article I wrote hereBTC BTC BTC1.I though that BCH no longer exists,it's replaced by the two forked coins (BSV and the other one,I forgot it's name). 2.Buying "BCH" or any other altcoin has nothing to do with launching an IPO.Why do you think there's a connection between buying altcons and IRO.Buying a bunch of altcoins won't improve the poor earnings report of Bitmain. 1. It exists. During the brief "hash war" it was referred to as BCHABC; after they won they retained the BCH title and BCHSV became "BSV." 2. It has everything to do with Bitmain, as they already own a lot of BCH, a high BCH price at the end of the year will look good on their balance sheets, perhaps serving to offset some of the tremendous losses they incurred by mining at a loss all year.
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dothebeats
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December 21, 2018, 10:05:41 AM |
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I'm also inclined to think that this is just pure manipulation at play and no real movement from the bulls are happening. We can go sub-$3000 for all we know just like how we went to $3100 from a $4000 footing just a few weeks ago. As for BITMAIN, they're just doing their thing to stay afloat and relevant amid the blows it took when the price crashwd hard. You got to keep a headstrong mindset if you want to bounce back, and going IPO is the way to go, at least for them.
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bellamente
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December 21, 2018, 10:39:21 AM |
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If all investors believe in this news, then we are waiting for a failure already at 4000 - 4500 for 1 Bitcoin.
I think that the market could break through 6500 if there were less negative news
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duongdaiduong
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December 21, 2018, 11:11:47 AM |
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Give us a link to your article. I'm hoping ETH may drop to $50, I'll buy it. Will the BTC fall to $ 1k this year? )
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rosemary4u
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December 21, 2018, 11:29:50 AM |
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Bitcoin can go above $4000 by the end of the year if we see more positive vibes from major stakeholders in the world if crypto. One influential thing on bitcoin that happened during the year is the numerous fork on bitcoin cash. I believe this brought a divided opinion among stakeholders but bitcoin still lead the trend.
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pundit
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December 21, 2018, 12:05:04 PM |
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Sometime things react opposite to our analysis, there is downtrend for long and now everyone is considering this move as retracement before going more down but it may react opposite, it may start increasing from here by making HH HL. No trend can exists for long, there is always an end to everything, downtrend is there in BTC fro more tha 10 months and last 1-2 months it was in side trend, I think a final down movement has just existed to create panic, keep watching price.
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eagle10
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December 21, 2018, 12:48:04 PM |
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Well and good. This is good news to cryptocurrency world but I guess it will take time to make it happen. But once it is passed into law and all conditions are met, I hope that it will make a better world for investors and people in the cryptocurrency.
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kaisa
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December 21, 2018, 01:04:18 PM |
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Interesting analysis, I also thought that there was still a downward trend, between $ 2800- $ 1800. Although many speculators said they would not fall below $ 3000. Leap support is currently at $ 4700, any changes can occur in crypto.
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Febo
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December 21, 2018, 01:12:35 PM |
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Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report.
With what he is buying them?
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Baofeng
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December 21, 2018, 03:25:28 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain. Check out this article I wrote hereBTC BTC BTCYeah this is a possibility that what we have seeing in the last couple of day's spike hike maybe the last capitulation before going hard again before the end of the year so we need to be cautious. But I don't know if it has something to do with Bitmain though. Maybe that's just one part of the equation and this could also be the handy work of some whales swimming around the crypto sea.
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randythered
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December 21, 2018, 03:27:10 PM |
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$2000 is still a long way away from full capitulation. Beginning of 2017 BTC was still under $1000. That would be a 100% increase in 2 years. Do not get caught up in shortsightedness, bitcoin is still very bullish when looking at the long term picture.
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coolcoinz
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December 21, 2018, 05:50:44 PM |
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I think that Bitmain might be in better situation than you think. We all know that Jihan sold a lot of his BCH at the top, he's not a bag holder type. If he was smart about it the drop to $100 was due to him selling earlier on, and he and Roger made a lot of money on the SV split. If they sold their SV they're now sitting on a lot of cash that can be put back into BCH to pump it up. Craig is doing the same thing, but in the opposite way, pumping SV with his sold BCH. When Jihan gets his IPO he'll have people ready to buy his shares and it will take BCH even higher.
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figmentofmyass
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December 21, 2018, 05:52:34 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.
it seems like every move bitcoin makes now, people try to blame it on bcash. the market is bigger than bitmain! you guys make it out like the bitcoin market is utterly manipulated, with no organic demand at all. the bearish sentiment is overwhelming too. we're in the middle of a 30%+ bounce but it's obvious most everyone has sold, never bought back, and expects lower.
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eminemcookie
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December 21, 2018, 06:41:08 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.
it seems like every move bitcoin makes now, people try to blame it on bcash. the market is bigger than bitmain! you guys make it out like the bitcoin market is utterly manipulated, with no organic demand at all. the bearish sentiment is overwhelming too. we're in the middle of a 30%+ bounce but it's obvious most everyone has sold, never bought back, and expects lower. Sounds like the perfect time for a recovery then. The large buyers always buy and start the reversal when everyone is running for the hills and calling crazy new bottoms.
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GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018
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Slow death
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December 21, 2018, 07:27:30 PM |
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I believe that this is a final pump before we touch $2,000 levels. Oh it was taking a long time to start hearing again that the price will fall below $ 3000, now that the price is not rising more than $ 4200, we will see many people going into despair and the sale of panic will start again Bitmain is buying a bunch of BCH in order to successfully file for IPO.... why the hell are we going to worry about Bitmain and his altcoin cash? if they want to bankrupt when investing time, energy and money in this altcoins cash the problem will be theirs
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