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I have not had a lot of time lately to trade but there are very large spoof orders happening, for example 2 large 7 million$ buy orders 5 minutes from one another and probably many smaller ones...basically fake trading to make it look like there is heavy upward momentum when there is in fact not...nothing is happening other than spoofing and wash trading...
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hahaha
you're really grasping for straws :1orglaugh |
faith in an unregulated market is grasping at straws...
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By all means please post the problems, otherwise you have not basis on continuously making up these fake problems or issues :disgust as for "unregulated" are you kidding? If you follow crypto at all, you'd see that everyday steps are being made to regulate it. a couple headliners: https://www.coindesk.com/fatf-crypto-travel-rule https://www.coindesk.com/halt-libra-...cebooks-crypto https://bitcoinmagazine.com/articles...bitfinextether How are you missing these? They're pretty big stories of crypto, security tokens issues (KIN, etc), regulation of exchanges, etc. |
The price action may be highly manipulated, but that doesnt mean crypto is not getting stronger each year. For example MetLife will use public ethereum chain for some of it's features.
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Today was a good day.
Today IS a good day. hodl. |
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and the libra thing is not good news for bitcoin...if it becomes a stable and easy to use mass adopted currency then bitcoin becomes nothing but a redundant speculative coin...nobody cares about decentralization and trustless and any of that crap...they want easy deposits to get their empty consumer shit ASAP...libra practically condemns bitcoin to become a forever speculative coin |
Bitcoin will hit $100,000 in 2021. Mark my words, I am rarely wrong.
Who won the predict the bitcoin price? Me Who won the how many threads thread? Me |
crucifissio, you do know Libra is going to be a stable coin pegged to the dollar, right?
bad news for bitcoin? highly doubt it. In no way does Libra compete with Bitcoin store of value, Bitcoins never ending deflation, its permissionless, unconfiscatable, & decentralized. If you think nobody cares about "that crap" then how did Bitcoin get to where it is today? |
BTC is up, but so is Gold, Silver, Oil and SPX VIX.
My basic indicator is when VIX+GOLD rise and hold the bankster cartel is planning to shit on stocks in the near future. BTC is just another place for them to park their money after exiting equities...so if you are doing the FOMO thing with crypto, don't buy in with more than you're comfortable losing because it's only going to go up until the money starts flowing back to where it came from (stocks, bonds). Even if you buy it now at $10K and it goes to $20K, that's only a 50% gain with a very high capital requirement. You can routinely achieve those kind of numbers or more trading stock options or futures...like if you spent $10K buying call or put options on SPX and even if it moves a few points in your favor, easy gains with far more leverage. |
Wow....up to 10,700. Are we seeing the beginning of a bull run? They've been waiting for the gates to open.
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bitcoin got to where it is today 10% thanks to fanboys like you and 90% thanks to speculators...therein lies the problem...you are the only one in this thread who likes the features and everybody else in this thread is looking for a quick buck... you can fanboy all you want but bitcoins fate is decided by its user base and what they use it for...you can not store value in something that goes up and down like a roller coaster... |
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... as for fanboys haha, funny, your type has been calling bubble, FUD, wash trading, high fee, "too difficult to use", Tether pump, tulip mania, blah blah since 2010. It is happening. Fight it and FUD it all you want, you just look a bit more ignorant everyday. |
To the moon!
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forbes says up to 95% of all crypto trading is wash trading... wall street journal investigated independently and found 67% was definitely wash trading... SOME exchanges have 99% wash trading... the blockchain transparency institute investigated coinbase and their claim of $222million but they could only verify $2.7million... they also found that 80% of coinmarket caps top 20 coins volume is wash traded... its just whats up :pimp |
Aside from regulators moving into crypto bigtime, there are community initiated shit being set into place, look at this for example: https://coinmarketcap.com/data-transparency-alliance/
CoinMarketCap Forms Alliance to Tackle Concerns Over Price Data Integrity There are exchanges suspect of faking volume and shady shit, but I'd say these are pretty legit. Here this guy even tracks the "real" Bitcoin volume, https://www.bitcointradevolume.com based off the Coinmarketcap alliance exchanges. Everyday things are improving :thumbsup |
the problem is only the top 10 exchanges are regulated the other 1000 are not...the regulated exchanges are not immune to the effects of arbitrage and what ever artificial pumps or dumps happen on the other exchanges will inevitably affect the price on the regulated exchanges...
an interesting development is that bitcoin sentiment is at 2017 levels...it is extremely high at the moment...to tell you the truth I was not expecting this...so many fresh burns and it still manages to rise much sooner than I expected...in the macro time frame, this rally is too soon and too steep...again, in the macro time frame, this is a perfect B wave in elliott wave theory...wave B can even reach level A but then comes wave C that is often the real bottom...I do not claim elliott wave is the holy grail but on a macro level it is often right and lots of markets follow this exact pattern... 5 is the 2017 high...A is 2018...B is now...C is the NEW LOW!... https://bpcdn.co/images/2016/05/grad...hin-a-wave.png https://www.tradingview.com/x/XdaEaI3D/ |
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As regulation catches up, those smaller shady exchanges will whither away and die out. I'm guessing a lot of them will exit scam.
I won't ignore TA, and some "experts" have drawn their TA showing cases for Bitcoin to sky rocket up, and some (like yours) to fall back down. But please keep in mind: Quote:
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Face it, dudes. BTC is the MAIN BRAND in the crypto space
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I hope it beats that scumbag zuckerturd
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11000 USD on the way to 111,000 USD
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Good times, ninjas!!!!!!!!!!!!!!
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to the fucking moon!
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:1orglaugh:1orglaugh:1orglaugh:1orglaugh I was away 10 days and now I am back and WTFFFFF!! :thumbsup:thumbsup:thumbsup |
Almost 14k lol
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prepare for best, prepare for worst
we've been up nonstop a month, pull back imminent , maybe tmr, next week or month, (this is crypto, maybe never?!) prepare ok?! take some profit sometimes lets try and make sure no gfy cry babies after the new Bticoin ATH is reached |
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:thumbsup:thumbsup:thumbsup:thumbsup |
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yes going down now
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BTC having a great run in the last couple months :thumbsup |
It's party time again. HOLDING STEADY at 11K. Might be getting ready for another blast through!
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This is today
https://i.imgur.com/yvx2t3n.jpg |
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