the whole USD swap offer market on bfx is is sitting at 200 k $.   we are in red supergiant stage. I repeat: "I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe (Inventor of Ethernet), 1995 |
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nom, nom, nom, buuurp... nom, nom, nom
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i think it's a typo and he means "bear market". Yeah that. Didn't catch it.  Ok, thx. Was feeling a bit lost there for a while. |
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Starting to get worried we're set for a dump to take us below 240. It's eerily quiet on here, just a hunch but I sense a dump. People might have been waiting for the pump from the other day to continue. It hasn't so we've begun a little dump, I think people who look for small profits might sell now unfortunately.
Bid support has grown tremendously so it would have to be a pretty big dump, and sell volume is running low as usual this late in the bear market. Very risky for whales to attempt this if only to manipulate. Profit-taking is generally not enough to push things down when the market is ready to move up. At the outset of larger uptrends you'll see a resistance to lower prices and low volume on the dips as some longs take profits and retail/gamblers load up on shorts. As a trader, I might take profits here (haven't yet) but would get long at the next dip if the price continues to firm up around $250. In that case many longs who rode the first leg will watch the bull flag complete on 12h/daily chart and jump back in. I think we either go sideways this weekend or see a pump start sometime before Monday to mark the price up for people waiting for deposits to clear at exchanges. If we do see higher prices next week watch out because many of the whales are finally turning bullish, removing sell orders and attracting volume back into the market. The ask side of Finex is quite scary if a big pump takes off. Scary in a good way as there's little to stand in the way of higher prices, and it might run to the top of the trading range ($280-300) very quickly. What is your speculation about next week, bassclef ? Will we say higher prices, what do you think in general ? Obviously bullish. I think we test the 200 day MA again to see if it breaks. I think it might, easily. That means end of bull market to a lot of technicians although many of us watching closely have already sensed this. So $270-280 is a decent target for next reaccumlation zone. I might have fallen and hit my head, but what do you mean here? |
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Will it go up from this price on Saturday/Sunday or down? If you look at the wider picture over the last few days it's still rising
I guess it will definitely go up anyway ,maybe monday even Why "definitely" bro ? Definitely maybe  Looks like bitcoiners waiting for a move. |
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[...] your would will be would for long long time. classic |
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Ok, let's do this!  |
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http://armstrongeconomics.com/archives/33539Silver is headed below $12 and gold below $1050. Most likely bottoming below $9 and $850. The lowest possible for gold in the $600s. We have a bounce here in BTC and PMs, then headed for lower lows, which means < $150 for BTC and probably double-digits  It will be a blood bath. You've been warned. And I have not been wrong since I started following Armstrong some years ago. Us bulls are following Armstrong as well. Neil, that is. |
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Still below all (bearish) impossible to reach targets, but Wall Observer Bulls freakin' out.  How about we dump the price down to 1$? You Bulls could get a full ectasis by a pump for 1.5$. So would you. That's a 50% pump. |
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That wall is so bloody perfect.
"When Pope Benedict asked Giotto to prove his worth as an artist Giotto drew a perfect circle freehand. Perfection. It's a powerful message." - Dustin Hoffman, Sphere.
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Yeez! It's almost 3x previous ath vol. |
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I'll just leave this here for your reference... see any similarities between the two boxes? If you do, then you win an ACME (TM) rocket. If you don't, this is not the place for you to be.  "I wont to bui dip. ver is it?"   |
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Just need to...  |
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So you think this rise was good? Just you wait.  |
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Dip done. Rally continues.  |
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EDIT: Vikings invaded both US and Russia more than a thousand years ago.
? Vikings set up a community in Newfoundland (Canada) and started trading with the locals. It turned out that the locals were quite lactose intolerant and thought the Vikings were trying to poison them. So the locals started mounting attacks which eventually lead to the vikings retreating back to Greenland and Iceland. Nor did the Vikings invade Russia. They created Russia. The name Russia comes from the Rus who were the people of Rurik the Viking/Varangian. Rurik created the city state of Novgorod and the Rus took Kiev as base for launching attacks against Constantinople. This eventually became Tsarist Russia. "Set up a community" and "create a country" may be seen as invation by the invaded, lol! ... this is stupid. The nerd within overwhelmed me. Sure. Vikings ROCK!!! |
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EDIT: Vikings invaded both US and Russia more than a thousand years ago.
? Vikings set up a community in Newfoundland (Canada) and started trading with the locals. It turned out that the locals were quite lactose intolerant and thought the Vikings were trying to poison them. So the locals started mounting attacks which eventually lead to the vikings retreating back to Greenland and Iceland. Nor did the Vikings invade Russia. They created Russia. The name Russia comes from the Rus who were the people of Rurik the Viking/Varangian. Rurik created the city state of Novgorod and the Rus took Kiev as base for launching attacks against Constantinople. This eventually became Tsarist Russia. |
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I love these americanisms. "There really aren't any problems in the world, it's your attitude that's standing in the way." All you need to know is The SecretTM. |
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