ETH About to get rekt

ETH Longs near yearly ATH, price near yearly ATL.

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This is bullish. What are you talking about?

The $360 low to $800 jump had longs at ATL. We still have a long way to capitulate.

I find when there are a fuckload of either shorts or longs there will be bitmex headshots in the future. This is bearish as fuck. Crypto is the king and queen of manipulated squeezes.

Exactly. Everyone and their dog expects ETH to go back to $500 now

yeah so people are going to buy lmao.

Biz never ceases to amaze me.

"Wow, bitcoin just had a massive bullrun, a lot of people are saying that it is a bubble and lots of people are shorting... More than ever before! I should probably buy now" - Average Biz member December 20th 2017

So now there is a major dip, and you are going to short? Holy fuck... Some people never learn.

I did buy 30 ETH this morning but instead of going all in like a retard I still have 70% cash because I think we could go lower first

ETH literally can't go below the cost of mining. Its physically impossible for any crypto to do so. Just like bitcoin can't go below the 5800 cost of mine. Don't you guys know anything about block chain?

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Eth will 3x when block reward goes from 3 ETH to 1 ETH.

Ah yes, I look forward to the thirdening.

Quality emotional trading. Price goes down and instead of going with the trend everyone wants to catch the bottom.

when does this happen

>ATL
Are you kidding?

>what is yearly

>yearly
>All Time
Okay, now you are just trolling.

ATL ATH.....fuck you are stupid.

>not acting like a retard and going all in or all out

You don't belong here.

find out tomorrow

answer please.

It's not going to 1 eth, it's going to 2 eth unfortunately
October/November

Smart. There will be one more dip to scare the shit out of people. Maybe even a flash crash to $170. $225 is more likely.

come get me fags

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Still bullish enough to cause a jump in the price.

>ETH hovering insanely strong support zone
>Another possible cup and handle similar to the one in April forming
>Classic biz thinking they're smarter than the majority
>Bets against the majority, yet doesn't understand basic trading fundamentals
>Loses money

never change biz

still cuts inflation significantly, should return to 0.1 btc in no time :))