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Cryptocurrency

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    Well that's interesting..

    Remember, accumulate coins and buy into others fear. Although some of you might be tempted to sell during these corrections, don't. It really is the worst thing you can do. There'll be opportunities coming up shortly.

    I recall early last year when the market capital went from $120b to $45b, it was as slaughter.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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      Do you see the image below? If BTC does not hold at this level then it probably goes down to $7.5k. Look closely for reversal signs.

      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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        Down a fair bit. Some of them 20% in an hour :-(
        Rhyddid i lofnod psychocandy!!!!

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          This market is insane.

          Multi-billion dollar "assets" falling 20-30% in under 12 hours. Nearly $150bn wiped off total market cap.

          Bonkers.
          Last edited by stonehenge; 16 January 2018, 09:10.

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            Just had a pin bar, which usually signals a reversal. The stoch RSI is way down as well so things look cheap at the moment.
            Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

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              Whose just put that 200 btc order into Verge - barstewards.

              Today is bargain day.
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                Originally posted by VirtualMonkey View Post
                Just had a pin bar, which usually signals a reversal. The stoch RSI is way down as well so things look cheap at the moment.
                Pin bar?
                Rhyddid i lofnod psychocandy!!!!

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                  Decred (DCR) is looking like it'll do a strong reversal. If you have BTC, consider buying DCR.
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    Originally posted by psychocandy View Post
                    Pin bar?
                    A candlestick whose body is entirely within the range of the previous candlestick body. usually has a long wick each end. It's supposed to signal the start of price rejection and often is the start of a reversal
                    Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

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                      Originally posted by bish View Post
                      He pumped XLM today, check out the graph!
                      There's a huge pump'n'dump effect with McAfee Monday tips.
                      1) McAFee tips on his Twitter
                      2) Bots buy in big'n'quick before retail 'click exchange' punters - the pump
                      3) Bots sell quick - the dump

                      Retail punters can't usually get in until the top or near top of the pump. It's down 25% today following the dump.
                      Some guy hacked McAfee's twitter a few weeks ago and made a fortune in a day by sending out a fake twitter 'recommended coin'.

                      Hacking is profitable in this game - heard of another guy who hacked the web site of an ico and changed the BTC deposit address to
                      his own .. made millions in BTC by changing one line on the site .. genius !

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