block 274545 80,000 sent in this block  any analysis from anyone as to where these coins are going? havent looked at any transactions... |
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IT IS OVER GUYS, the Bitcoin Cat is out of the bag !
The last days of 2013 will forever be the last days of cheap coins.
All TA shows down down down, but we ain't moving. All exchanges on new acc backlogs...
We may yet visit the 600 range once more in the coming week(s), but that's about it. Once we bounce back say good bye to sub 2k coins forever.
i'd wait until we break 1242 before saying no sub2k forever.... |
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I think that since everyone is expecting this huge drop, we probably wont have one. I think we may see another $100 dip at most before we start to bubble up again.
a new bubble? trend is broken bro. were just gonna start flying to moon, huh? thing is, everyone isnt expecting a drop. i think many TA readers are, but this forum, for instance, is by far still more bullish than bear. every second and third post still thinks we are heading to new ATH, all this talk about wall street trying to get everyone excited and buy back, etc |
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when will btc drop??
be patient |
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700 seems plausible during these holidays. But once new year comes over and people start working, expect it to rise to new heights.
This kind of logic never really works out. Really? My only "bear moment" as a permabull was that the price would drop during the second week of December through Christmas because people would either: 1. pull money out for Christmas shopping 2. not buy more because of Christmas shopping Sure enough, Dec 6-7 was a massive fall that we haven't recovered from. So far, I've been proven right. So why do people believe that once Christmas is over that people won't have more money to invest? a drop happens a few weeks within christmas, and youve been proven right that christmas determines the ups and downs of bitcoin? super weak analysis bro. did you say no more >33% drops ever? i think you even said > 50%. wrong on both counts eh |
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$4 million easy
no fuck that , $10 million
$800 BILLION
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premature to post feedback imo
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wheres the buy pressure, guys?  |
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My guess: a lot of people will chose 400-500 as the final bottom and they will be dead wrong.
Wrong in that it will bottom lower or wrong in that it will never reach that point? People are talking about 400-500 now like they were talking about 40-50 back in June. Everyone seems to be aiming for the same spot, so if you want to actually get in on the bottom you probably need to add at least 100-200 dollars more to that. I actually thought we'd see $450 again at first, but now I really am starting to doubt we go down that far. We may see $600 again, and that's the best realistic bears can hope for imo. I am neither bull nor bear on the short term and I'm also not going to sell any of my bitcoins. I am trying to catch the bottom though with some fresh fiat, and I have been quite successful with that so far.  Yes but it could be the opposite also. You place a buy order at 550 to beat the crowd and it finally goes to 300. We will see more bulltraps on the way for sure. I can't say that's impossible, but I believe it's unlikely. And it's better to aim too high than too low, those who placed buy orders below $50 in June last Summer and then saw the price bounce up from $65 and didn't panic buy back in thinking it was a bull trap are not as well off as those who bought at $80 on the way down and then just kept their coins and waited patiently for the downtrend to reverse. But everyone makes their own choices, we can't all be on the winning side. yep, gotta do that risk reward analysis..... setting sights at another price halving = coins doubled = pretty tempting... |
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Gotta say, it's sure looking like we may see a serious bull OR bear TKO pretty soon.
On the one hand, there's plenty of reason for folks to sell off ahead of a large deepening decline, and the news is just recursive ditherings. *points to chart and news*
On the other, the chart reminds me a WHOLE LOT of the beginning of November, after coming off the ATH and coiling up for an upsurge. *points to chart and news*
Either way, next year we are going to see more massive ATH's. Might I suggest, that before that time (spring '14), many of us consider cold storage, for the sake of Baby Jesus (ahem, I meant the sake of getting some sleep, and reducing stress and BTC LOSS-- no offense to the Believers of Baby Jesus Magick).
I've had no problem sleeping since I missed my chance to sell at 1000-1100 before we found support at 540-630 depending where you traded. Sad I missed out but I'll keep my eyes open, just don't see that happening so close together especially since that drop was helped to go as low as it did. I doubt we break out of 1000 again this week though, I however enjoy being wrong at times. I can't help but remain optimistic. When my exchange has a constant back log of verifications, 40-100 processed a day with 60 new coming in a day has kept cavirtex with about 1400 people pending verification. I remember right before April crash mtgox had 12,000 pending verifications and was doing 1500 per day. yeah verification queue is very much lagging indicator. i entered speculation in april, got my money to exchange ready to buy and then crashed hard. i sat on sidelines and let it fall. no interest in buying at that time as a newbie. |
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i think the mbtc camp's argument is super weak. i get it, down to the satoshi
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yes, it will reach 10k, maybe 100k and beyond. it will take a while though. i think we go down from here for a while.... just had huuuuuge growth in such little time.... need to return to exponential trend
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is it greedy to hold onto the most value if you think the market will move?
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sorry guys, cashed out .1 at the top, that was me  |
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hard to say where hard support is. we rose so far so fast that my feeling is that support levels are not established. sma200 daily is near april 2013 top, i think that is the absolute bottom. this is after a prolonged downtrend though, kind of doubt we make it that far but possible. otherwise maybe 380-450.
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i dont wanna sell because i will probably lose my coins, i am bad at trading. but it seems like theres not many people that want to buy at these prices anymore. all the good news in the world doesnt do anything anymore if people think price will drop.
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cryptsy is awful. trade engine is a joke. scary when coins just constantly disappear for hours, orders dont show on books, etc. they screw you too.... you place sell order, they take coins, then they refund those coins hours later after price has dropped....
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i will hold nervously |
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too bad, i wont be home from work in time  |
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