Under normal circumstances, worst case scenario IMO is 235-236$, 240$ should be a solid closing day price.
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Who has the biggest dick wall competition!
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Broken!
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First line of defence (292$) is holding for the moment:
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If you understood the mining ecosystem you would know double digits were a long shot and near impossible. I don't get how someone can do TA on bitcoin and not include the cost to produce one.
You do understand that I troll with this thread, right? Keep trolling, bears will keep waiting. With this little uptrend it's going to take many months, but we'll see 100$ maybe even 80$ as THE bottom. If we don't break 320 it is a possible scenario.
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Sold at 310 - time to check TPTB's theory (Though I would sell there anyway, 320 is an important resistance)
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If you understood the mining ecosystem you would know double digits were a long shot and near impossible. I don't get how someone can do TA on bitcoin and not include the cost to produce one.
You do understand that I troll with this thread, right?
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double digits are never coming back bro, Lol
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Bear trolls are mysteriously absent right now, over optimistic bulls in full swing. Makes me think a drop is coming. Not double digits, but probably below 300. Smeagle over here is still hodling though We need a drop I think to clear after that 320 with volume.. After the little $12 rally up to $316, it dropped $6. Was that it? Is this gentlemen?
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Bear trolls are mysteriously absent right now, over optimistic bulls in full swing. Makes me think a drop is coming. Not double digits, but probably below 300. Smeagle over here is still hodling though We need a drop I think to clear after that 320 with volume..
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Shorting the top now - see you at 45$
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Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic... ). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory. 310$ broken, 320 not too high any more, is it? 375 and retrace 335
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As AnonyMint I was the guy in the Anoncoin thread in 2013 (as kLee can attest) making the point their I2P integration lacked high-latency protection against timing attacks. Now 2 years later we are still in the same predicament.
I can confirm this!
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Heavy resistance is at 320, 480, 650 and 850. Over 900 would convince me for new all time highs.
Agree on the resistances!
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NASDAQ president Adena Friedman: https://www.linkedin.com/pulse/state-finance-digital-revolution-transforming-world-money-friedman"Over the past 10 years, we have seen the emergence of very advanced Smart Beta Index ETFs —among them, Nasdaq’s own Dorsey Wright Focus Five Indexes. Dorsey Wright uses a relative-strength methodology, comparing a stock’s performance with that of the market as a whole; the inputs are created by humans, but the outputs determining the stocks that comprise the index are entirely computer-driven. With more than $8 billion in assets under management across the Dorsey Wright index ETFs, $45 billion across all of Nasdaq’s Smart Beta Indexes, and $365 billion overall across all U.S.-listed Smart Beta ETFs, the electronic investing methodology is clearly resonating with investors." You know who Dorsey Wright is? This guy: http://www.amazon.com/gp/product/B00E2QW6VOhttp://dorseywright.com/PnF does not work...
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LTC support 4 - 4.25$
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Support [255,292]
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Important thing to notice is the thick red Bearish Resistance line, from the last ATH (at about 1200$) - this is the resistance we keep failing to break. If we break it, technically we won't be in bear market until a new bearish resistance line forms which we won't be able to penetrate. Often, when this line is penetrated a bull market starts.
FREE at last!!
https://bitcointalk.org/index.php?topic=1064374.msg11638842#msg11638842A gentle reminder that according to PnF the bull market started when we broke 250$
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