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Meh, just a doing a double top-ish sort of thing. Crash coming.
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Just broke $3 million in bids. C'mon bears! Eat!
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Random guess: $18.88
Was that the peak, $19.18999? Or do we have to wait until May and see if there's a higher peak?  I think we're unlikely to see the price go higher than that before May. Oh, shut up Prouhon. You're getting repetitive and boring. Ok, Bitcoin Price, rah, rah, rah, UP, UP, UP! |
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I vote we do a rollback. Everyone, get ready...
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MtGox order book is reaching new all-time highs for amount of money on the buy side of the book. Almost $3 million. Lots of tasty food for bears to eat.
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Can someone give or point me to a summary about this Bruce Wagner.
Forum search actually give to many results, would take days to read all this.
15 Pages Results for "Bruce Wagner".
Oh god, where do we begin... |
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I would follow deathandtaxes on twitter
+1. Consistently the most logical writer here. Um, hello!?... |
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What are your current predictions?
What do you think is going to happen after this weekend?
more of the same Does that mean 17~ish stability or a slow fall? We will continue up. There's no reason to go down. There's a great reason to go down, and it's a reason I'm sure lots of people are considering right now -- "I want more bitcoins". Enough people thinking that catalyze long trend changes. The big dumps were the big boys telling everyone which way they want to go, and it'll only be a matter of time before the herd complies. This is just the way it works around here. |
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The title of this thread probably won't be proven wrong by the OPs 2 year birthday. If that ends up being the case, that's a pretty big bummer that a full 2 years after the big crash this market will not have been able to recover to 2/3rds of its all-time price high. The reality is, unfortunately, bearing out that the rest of the world doesn't exactly think this project is as cool as most people around here do and I think that says something unsettling about bitcoin's future. Sure, it's something that the market cap has made it to those levels, but that's mostly because of inflation and people just holding their coins and not added economic activity or more investor money.
FWIW, I find myself using bitcoin more and more these days because I might as well use it and use the value I've managed to accumulate while I can. So, I'm doing my part, but, as has been the case pretty much since the big crash and all the hacks, I'm still not feeling very confident about bitcoin's future. Still fun though.
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After the $30 peak, it took some time before people realised that it had become a bear market.
Exactly. It'll take a while, but eventually I think we're likely to get into the $10 area, and probably lower. I've got all the time in the world. |
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Random guess: $18.88
Was that the peak, $19.18999? Or do we have to wait until May and see if there's a higher peak? I think we're unlikely to see the price go higher than that before May. |
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All time high volume means all time high price shortly?  Um, no. Go ahead and look at the all time price/volume history on bitcoin charts. All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation. So, you know, yay! The crash is done. That's good if there is a stagnation at 15-16 level, so I can accumulate more You're forgetting the correction part, before the stagnation. We're likely headed much lower than this. The crash is just the beginning. It's the big boys setting the trend. Now everyone else is going to start unloading, and this will probably go on for months. I don't know if Adam is joking around, but we probably will go below $10. |
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All time high volume means all time high price shortly? Um, no. Go ahead and look at the all time price/volume history on bitcoin charts. All the major volume peaks are followed by crashes, then long periods of correction, followed by stagnation. So, you know, yay! |
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Another successful bitcoin pump and dump. Everyone ready for the long slide into single digits?
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On the bright side, now we know the 2013 high.
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I have no idea where the top will be, but I'm pretty sure it'll be followed by an enormous crash. So, you know, woohoo!
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Really, this isn't good. The coming crash is going to be really bad. But, I guess that's how this thing is gonna go for a looooong time. 2 steps forward, 1.9 steps back.
as the years go by....  In all seriousness, we're bubbling up again. And the result is going to be another crash that puts bitcoin back some years...again. There's nothing that can be done about it, I'm just pointing out the obvious. |
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Really, this isn't good. The coming crash is going to be really bad. But, I guess that's how this thing is gonna go for a looooong time. 2 steps forward, 1.9 steps back.
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Soon enough I'll be buying your single digit coins.  |
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lol, looks like the roughly 15k bitcoins stacked up around $20 have been moved to $99.xx. That guy is a little too optimistic, don't you think? It takes a pretty wild imagination to expect anyone paying nearly $1.5m for 15kBTCs, even in the next 5 years.
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