It's pretty clear that nobody is buying bitcoins anymore. Anyone that's going to buy up a lot of coins right now to prove me wrong is just throwing away money.  The only reason the price is staying in place is because of a select few rich individuals that can absorb enough coins to counteract any attack. Nobody is selling because they see how much money is 'readily available' but that money would be used by now if it were intended to be used. |
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Yes. Buying silver is a great idea, when it has fallen below 10$ in the next 1-3 years.
Wait what, it has fallen below 10$ in the next 1-3 years?? You're mixing past tense and future tense in the same sentence there bud. If you're trying to say you predict it will fall below $10 in the next 3 years then I guess I can't argue, since none of us have a crystal ball which can look into the future... |
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Yes. Buying silver is a great idea, when it has fallen below 10$ in the next 1-3 years.
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Overall, this is a step in the right direction to address the need to have fast access to bitcoins.
To Tradehill and other exchanges: Apart from offering your "exchange product", what are you doing to market bitcoins to the people out there? Are you "just" waiting for others to do PR, advertising, hoping to profit from that?
What are your bitcoin advertising / marketing plans?
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ok. I fully understand. no worries
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looks like i have lotsa company in DZZ. the volume today is now MORE than double its highest volume ever on 8/9/11. which side of the boat do you want to be on?
I love this side of the boat. This is so beautiful. Already +70 points on XAUUSD... with big leverage.there. fixed that for ya.
thanks, buddy :-)
Lets go fishing together soon. EDIT: with golden rods and reels and hooks :-) |
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It is live. Follow them on twitter and you can may get an invitation code
If you need an invite, it is not live. You are right, it depends on the definition.. It's launched on beta, invites only to test it properly and make sure it is robust. |
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looks like i have lotsa company in DZZ. the volume today is now MORE than double its highest volume ever on 8/9/11. which side of the boat do you want to be on?
I love this boat. This is so beautiful. Already +70 points on XAUUSD... with big leverage. |
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I can't remember the name of the guy and his company but who was that guy at the conference that made the announcement that he was selling basically "anything" on his new site with coins? Anyone have that URL? I think it was basically an amazon of bitcoin.
That was probably http://www.bitcoindeals.com/ . Yes, it could be, as soon as it goes live. The question is, is it just another overpriced middleman, or will it actually have competitively priced products?
Look yourself at http://onlyonetv.com/2011/08/the-bitcoin-show-episode-037/
and/or if you can get an invite. |
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I like your time scaling.
Indeed, price pattern tend to repeat themselves very often, and the only thing to adjust is time.
This is also one element in Elliott Wave analysis, and some of that we use in addition to out bitcoin price forecast in the Technical Analysis reports very successfully.
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It is live. Follow them on twitter and you can may get an invitation code
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What did he say about PM mining stocks? Quite a few have held back against gold and silver rises so they can be seen as undervalued.
It is the opposite. Miners are leading indicators. The fact that I short PMs is also supported by the underperformance of mining stocks. |
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I can't remember the name of the guy and his company but who was that guy at the conference that made the announcement that he was selling basically "anything" on his new site with coins? Anyone have that URL? I think it was basically an amazon of bitcoin.
That was probably http://www.bitcoindeals.com/ . |
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what i think will happen is that the stock mkt will enter a multi day/week rally during which the final bull mkt, gold, will top out its 11 yr bull and begin a multi year decline. it could be beginning today. i sense more instability in the gold price and instead of it being a simple correction this will be THE top. the PM miners were the first mkt to roll over and leading indicator that QE was finished and this last major reflationary effort since 3/09 has failed. as i said before, at transitions you can have diff mkts inflating and some deflating but when they all get in gear as i believe they will in the Fall, they become all one mkt with ALL of them falling and the USD rising.
This is in line with my forecast and trading..
As indicated in my last posts, I shorted. I got it between 1890-1910. Lets see how many hundred points we see Gold going lower. |
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I'd bet a million bitcoins silver wont go below $20 in the next two years but I don't have a million bitcoins.
So, put your money where your mouth is. What about betting 10 BTC or 50 BTC. I am sure you have at least 10 BTC, or 50 BTC. |
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The news are all prices in already. Technical analysis always works. I know this is a bold statement but if you use technical analysis properly, you CAN succeed.
But to succeed you need to have 100% discipline to cut losses short and secondly, you need to have great money management skills.
All 3 together will make a great trader.
In terms of recent price action, we continue to see consolidation after the almost 50% rise from 8.4 $ to almost 12 $. This is absolutely normal.
The 10.5 $ - 10 $ area should offer formidable support for a further rise. Below 10 $ and we enter a neutral stance. Below 8.4 $ will likely lead to a test of the broad 5 $ zone.
If 10.5 $ -10 $ holds, the rally can continue and above 12 $ will likely lead to 16-17 $.
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1) The global economy is tanking and will crash really hard, into the biggest crash in the past 250 years, which means this will be bigger than 1929. Silver specifically will crash real hard because i) it is used as industrial metal much more than gold, and once industrials turn down even harder, demand for silver will collapse. ii) silver prices have also been largely driven up by speculators , and many of them will run to the exit once the economy gets worse.
...
Only if Silver makes a new high above 50$. But even if this happens, the crash is just postponed and Silver prices will eventually come back below 10 $ in the next 2-5 years.
Does silver correlate with the industry or with gold lately? I regard SILVER as the exit from EUR and USD  Below 10$? Do I smell another bet? I bet 1 BTC silver won't go below 20$ in the next 2 years!  Deal. I bet with you 1 BTC. |
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I would not use a quick post by s3052 to sorta determine what he puts into his newsletter for paying customers.
For all we know he is telling them to sell and saying something else on a whim here on the forums.
Be careful what you are speculating, without doing the proper due diligence. I am not publishing different recommendations in the paid newsletter vs. public updates. |
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Without this being a real press coverage, the launch of bitcoindeals.com is in my p.o.v groundbreaking, and this was announced at the bitcoin conference.
People have asked for a long time, about when can we buy real stuff with bitcoins, and here it is. Just have a look.
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The fundamentals of the technical chart patterns are strong, this is what I mean. (sorry for the potential confusion)
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