You now need 100$ account balance in fiat or coins to chat @trollbox  Annoying because if all in orders, can't troll.  |
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Let's finish the bust first.
Eh, I'm not terribly interested in the short/medium term. Then why talk about the next boom phase? Let's just talk about million dollar bitcoins.  |
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Downtrend confirmed. Bear market confirmed. Now all the good news turns bad, right on schedule.
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Let's finish the bust first.
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looks like rptilia is going to come out OK after all
There were enough people warning about this serious downtrade.. but hyperbulls are dellusional. Pretty much. Weeeeeeeeee! Here I am agreeing with Mirsad ..... |
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I'm looking, but I don't get it. What price does the triangle end at? When you go to the link at look at that price what is there? Are you getting excited about 1k btc at 950? I day trade so now that the 1k sell order has been pulled you read my mind and I could see him dumping it right there yes. My advice get in now before it's to late and make some $$ Hmmm, hadn't noticed this. You think we bounce at top side of triangle? Or break up? |
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china will go thru 5500 soon, they already punctured it and now they are oversold
Having seen my magic, perhaps you can now publicly acknowledge that I have 10,000 bitcoins, apologize, stfu and gtfo. OK?  The bears are glad to have you, rpietila. |
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I think the longer we keep going slightly downwards, the better. It insures we won't drop to 542 overnight again
That's only until someone forces a sell-off. Remains to be seen.... |
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BTCChina... someone trying hard to drive up price to 5500 again, paper thin volume, though....
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I had 40K ripple. I tried to move it to my WeExchange account. It "got lost", and was never seen again, despite transaction confirmations and info.
Obviously, I'm a noob on this forum. I'm not trying an ad hominem attack, but....why do they have SCAMMER written under your username? IIRC, he scammed a bunch of people in the marketplace. |
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I agree with everyone about not being too greedy and missing the bottom. This was my big mistake in 2011 that I regret now, but I learned from it.
Seems like the accepted and probable best low we will get is around $600. I figured a low of $300 to $500, so since I always undershoot it will be around $600 maybe even only $700.
Probably the best strategy at this point is to just sit the market out now and wait. Only buy bitcoins if its heading north for a good reason. We will probably sit back and watch it slowly keep dropping.
The speculation forum has really slowed up recently, and mt gox volume is the lowest I have seen it at only 9730 bitcoins. Seems to be dropping and dropping. The speculative boom is ending quick and many people will probably be slowly cashing out as it takes a long time getting your money from these exchanges.
Could be years before another bitcoin bubble happens.
Or a couple months.  I never would have expected the October run-up to come as soon as it did. |
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But it boggles my mind that people would really be so stupid, that not changing the unit would "stifle" growth. I find reading mBTC data from exchanges just hurts my eyes.....
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Feels pretty bearish. Lower low incoming, it seems:
How does the fact that we had a higher low fit into your bearish sentiment? This leg isn't complete. I don't think it means anything unless the next leg is up, and convincingly. Buy pressure has been looking exhausted. Looking at volume, MFI and RSI give me very little hope that a rally can sustain. Some whales could try to prop up the price, but given the weakness behind the bounce from Friday, I think they know they risk being run over. Considering how the other exchanges followed China on the last drop, it's probably worthy to note that BTCChina's chart is more bearish than Gox.  I'm not saying that a new uptrend is impossible. But previous trend was very much broken -- look at MACD, or the 2 lower highs/2 lower lows. But, shrug. I dunno. If this level holds, or we see a nice bounce on volume at 5050 CNY or $850, could just stave off the bears... Having cold storage and knowing that I made bundles of money the past month will console me if the market moves against me.  |
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Feels pretty bearish. Lower low incoming, it seems:  |
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Bears roam freely. Bulls, sheep, pigs are domestic animals => get slaughtered.
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lol, this is coming from 2nd Market CEO, not reliable.
Why? This is just an advertisement / press release on behalf of his platform, published on what looks like a source that is not reputable. Wouldn't getting caught in a big fat lie hurt his little fund which has done fantastic so far? It seems like a big risk to take when you are already doing quite well. Then again... humans! LOL. I wouldn't say it's a big fat lie. Just unsubstantiated advertising. Well... if it's not true, I would call it a big fat lie! LOL! If I opened a widget trading platform, I'd be shouting from the rooftops that widgets were the next big thing, too. He's not hyping. Fidelity clients can invest through Second Market as of today. And some other large funds as well. I think he is being honest about what he is saying. Is he optimistic? Sure, but with the massive influx of funds theyve gotten so far, why shouldnt he be? You betting against Wall Street coming into Bitcoin? If so, ok, but I'll bet the other side of that. You misread what I said. I said nothing about the question of Wall Street -- only about who is doing the talking and why. |
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lol, this is coming from 2nd Market CEO, not reliable.
Why? This is just an advertisement / press release on behalf of his platform, published on what looks like a source that is not reputable. Wouldn't getting caught in a big fat lie hurt his little fund which has done fantastic so far? It seems like a big risk to take when you are already doing quite well. Then again... humans! LOL. I wouldn't say it's a big fat lie. Just unsubstantiated advertising. Well... if it's not true, I would call it a big fat lie! LOL! If I opened a widget trading platform, I'd be shouting from the rooftops that widgets were the next big thing, too. |
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lol, this is coming from 2nd Market CEO, not reliable.
Why? This is just an advertisement / press release on behalf of his platform, published on what looks like a source that is not reputable. Wouldn't getting caught in a big fat lie hurt his little fund which has done fantastic so far? It seems like a big risk to take when you are already doing quite well. Then again... humans! LOL. I wouldn't say it's a big fat lie. Just unsubstantiated advertising. |
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