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Cryptocurrency
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Originally posted by scooterscot View PostIt's a tough one to call. A lot depends on BTC/XLM pair over the coming days.
I'm waiting it out with the idea of buying back in around $0.10 - If you're buying back in with FIAT, watch the dollar value. If you're using BTC I'd be looking to buy in around 700-800 sats.
Remember only 30 days ago folks were trading XLM for $0.03-4, I sold yesterday at $0.17 (smug mode) -
You can see the bear trap here clear enough, media attention as we go up and even the bull trap at the top. Capitulation seems to be next, where I'll be waiting.
https://twitter.com/StellarOrg/statu...39055099256833
https://oracletimes.com/stellar-lume...-december-7th/
I never knew the Stella founder was the guy who founded Ripple and left it to go on and create something better:
Remember the founder of Ripple (XRP) is Jed McCaleb who left the project after differences with the board. He went on to create Stellar Lumens by taking what he felt was the best of Ripple and improving it."Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Something interesting... RSI (relative strength index) a growth indicator shows us that in 2013 the rsi hit 97 twice on the monthly chart. On both of those occasions a crash followed.
Right now the rsi is 96 on the monthly chart. It could be a sign of bad days ahead. Yes it might hit $18k in the morning, but could easily be $7-9k too.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by Jog On View PostI never knew the Stella founder was the guy who founded Ripple and left it to go on and create something better:
Ripple fans crying into their cup now."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Massive head and shoulders confirms capitulation... but yes rumour rumour...
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Might be worth looking at a Gold (XAU/USD) chart around 2011 and just below $2000 to see what could happen if Wall St manages to take control of BTC via comex futures...
The 'unstoppable' bull trend and exuberance does look a bit familiar (I blew a 5 figure account on that gold trade).
Although another coin could just take it's place if they manage to kill bitcoin."Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Originally posted by Jog On View PostMight be worth looking at a Gold (XAU/USD) chart around 2011 and just below $2000 to see what could happen if Wall St manages to take control of BTC via comex futures...
The 'unstoppable' bull trend and exuberance does look a bit familiar (I blew a 5 figure account on that gold trade).
Although another coin could just take it's place if they manage to kill bitcoin.
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Alts getting battered - I'm assuming by BTC surge"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Originally posted by Olly550 View PostHere is the chart your talking about, hit 2000 then tumbled to around 1300. At 1250 today
"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Just getting stupid now, up 30% in a day. Gutted I got out too early, tempted to get back in and ride it up to $25k! Just can't see it correcting any time soon, as soon as the price starts to drop, everyone buys and it goes back up.Comment
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