Question... The Winklevoss twins say that Bicoins will be worth greater than $100,000... but they decided not to bid on coins they could arguably get below market. Why?
Why buy now? Wait 1 - 2 months and buy then at much lower prices and with little slippage due to huge volume.
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It would be nice of oda.krell to post a notice about the indicator flipping to red.
I'm not sure why you think his indicator would have changed? On the scale the indicator uses the market has been basically flat since the change to BTC. Last time it flipped to red it was in July around the 23rd. I have a count by which the market is now in a similar position.
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It would be nice of oda.krell to post a notice about the indicator flipping to red.
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my bet is all coins sold for atleast 450 i'm thinking 400 was top bid on a few of the blocks the rest are 350+ hopefully we get some info about this in the coming days. i dont think we will... we will have to look to the market's movement for answers, 10$ says market stays flat as fuck for 10 days I don't think so, there is a larger triangle that will break in a couple of days. As for the auction, I believe most bids should have been around 300$ and lower and the gov may not have sold all now.
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The US Marshals may not sell all 50k BTC, if the offers will be too low:
5) Is there a reserve price for this auction? The United States Marshals Service reserves the right to sell some, all or none of the bitcoins for any reason. There is no disclosed reserve price for this auction.
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I have noticed something, the price movements during the last month, especially in China, look like local versions of a wave 5 - the rally to 3000CNY, wave A - the correction to 2100CNY, and now what could be developing looks like a wave B, possibly topping around 2600CNY (or 420$ Bitstamp), which could be a bull trap.
Chart please? I think it's better to wait for the picture to become clearer before posting a chart. But someone else had a similar idea: https://bitcointalk.org/index.php?topic=882130.0
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China dumps gaining momentum... And Bistamp follows, how nice. I just had lunch, so I missed the moment of the 5k dump, but it still looks beautifully... bearish.
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China dumps gaining momentum...
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Time for more China dumps?
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Wrong sentiment, nothing like 2012. It should be either like June (bearish) or July (bullish) 2013, or like September (bearish) or November (bullish) 2011.
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I have noticed something, the price movements during the last month, especially in China, look like local versions of a wave 5 - the rally to 3000CNY, wave A - the correction to 2100CNY, and now what could be developing looks like a wave B, possibly topping around 2600CNY (or 420$ Bitstamp), which could be a bull trap.
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Triangle starts to break down. The most bullish indicator. Then why don't you go leveraged long?
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Triangle starts to break down.
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Under 200 dollars is my bet.
Lower than the price a year ago. You think bitcoin has been wrongly priced by the market for more than twelve months? Tell us why!? Markus and Willy, without them price would have only reached an ATH of about 500$ - 600$ and months later than Nov 2013.
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HOW VERY DARE YOU POST ON THIS INTERNET OF MINE AFTER HAVING PREVIOUSLY POSTED AN OPINION THAT HAS BEEN PROVEN WRONG!
Nobody *ever* does that.
Being wrong by 20% is acceptable, although it might lead to massive losses when trading. Being wrong by over an order of magnitude means the OP and others who agreed with him are delusional.
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