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I think high 200's will be tested, before bouncing back up to 500 for a while
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It was a bubble, now it crashes, then it build up to a new high. That's how BTC works!
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with more sophisticated players in the market, the bubbles may be less violent or damaging with faster consolidation They already are, in a way. * June 2011 peaked at 7x the value it had 1 month before and then dropped by 90% at its worst. * April 2013 peaked at 5x compared to 1 month before and bottomed at 70% less. * November 2013 I would've expected to see peaking at about 4x, but China helped it do 5.21x again, so another -65%, -70% movement is possible now. These sophisticated players have messed up the world markets time and time again, I expect they would happily take 90% drops |
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over any timeframe over about a week, the gains have been fast and substantial
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This act is repeated hundreds of times in this subforum. Show graph. Make guess. I could look at that same chart and say, "I think this is a market maker shake out" None of us can guess the future, we can only make bets. The point of this subforum is exactly to guess the future and share it with everyone else. That speculation for you! |
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crazy price swings, generally downwards
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Down to 300 will have to wait a few days!
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I can believe that someone is manipulating the market, but I can't understand why they would...
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Will they start advertising gold bitcoins as bitcoins with a bit of gold around the code?!
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Even the biggest bull can't claim that it's not a bubble now, maybe 500 is fair but rising 200 a day makes it a bubble. So top slice at least.
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It's going to reach its peak and starts its correction, how high we go will be very interesting to see!
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What were the returns like last week? 7 bucks an hour is less than I expected, can you actually cash out or are you holding waiting for a non-Chinese exchange to pick it up?
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You bought mining servers for the month ahead but can't believe people still fall for this stuff?
They aimed for 1 block every 5 minutes, when 1 every 20 seconds was being found they had to act.
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Should be in alts forum, but I agree, it is very weird...
Gox?
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It's nice to be reminded how small we are, even at our all time high
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New all time high has almost lost meaning now!
When we broke 266 I was excited, then with 300, now it's just crazy!
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The amazon mining thread explains the massive difficulty increase. Until 20,000 collisions per minute earns less than $11 an hour, it will keep getting more difficult.
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I have so many mixed feelings going on right now @ $595..................
I have calculated and could have about $12k right now if I bought in at $60...those feelings...
Hindsight is 20:20, learn for next time. For what it's worth I have messed up loads of alt trades in the last month or 2, I did what I thought was best at the time though. |
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But where will we land? Back to $150 or a new level like $400?
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