481
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Economy / Speculation / Re: 100k volume on Bitstamp?
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on: May 02, 2014, 05:40:01 PM
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So, did the FBI dump those coins it had? I just happened to look on stamp today and seen 100k of volume this morning. LOL
Must have been a different day.
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485
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 29, 2014, 01:34:30 PM
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Reverse H&S yesterday - target above 460, then if we breaks 455 - there will be another H&S (less nicely looking) with even higher target 475.
The Chinese scare does not work any more.
I think we'll rebound significantly.
The nature of the fractal is that the outer H&S keeps failing. One thing that should tip you off is that the volume in the head here is always lower than the volume in the shoulder. Also, this will probably be the last incarnation of the fractal because the end will be too close to the long term log downtrend for another even larger fractal to be drawn. So we either break through the downtrend or collapse down again. Which way will it go? I prefer to bet with the dominant trend. It broke that downtrend on linear scale - it can also break it on the logarithmic one.
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489
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Economy / Speculation / Re: PLEASE STOP BEING SO AFRAID!
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on: April 25, 2014, 11:32:25 AM
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Considering they're the only reason we crossed $200 to begin with and we follow their every move... ya, we should be scared.
The previous high of ~$250 was long before the China Bubble. Also, the BTC economy is growing so fast we don't need China. Anyway - you were wrong at the opening of this thread - so maybe your calculations are not that great.
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490
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Economy / Speculation / Re: PLEASE STOP BEING SO AFRAID!
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on: April 25, 2014, 07:58:37 AM
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Why may I ask do you believe there is 2 more weeks until the price has seen a bottom? Not before we see the bottom - but during these two weeks we'll see the bottom. Theoretically this might have been just now - but this is just not very probable. And two weeks - because China has again moved the final closing time - now to May 10.
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493
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Economy / Speculation / Re: Strong hands
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on: April 18, 2014, 08:12:08 AM
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I propose an alternative to the 'strong hands' narrative:
Remember who panics first panics best!
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494
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: April 17, 2014, 11:35:24 AM
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So this wave of panic is over. Some made good money but most as always lost money. People are buying back in again. Most likely with a loss. We're slowly going up again. So now we wait till next round of China news? So we can repeat this shit all over again? Same whales with insider knowledge make money, the same sheep lose their money and the same bears will be screaming how we will go down to 250 this time. Is that what everyone wants? It certainly looks like it.
It just totally amazes me. These waves of panic buying and selling have so very few winners and so many losers yet people keep doing it over and over again. Like they never learn.
The news are tightly correlated with the moves - but there would be corrections even without these announcements. It raised $200 during a few days - it is normal that we get a correction. What would you expect - a linear growth to $1000?
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500
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: March 31, 2014, 07:00:42 AM
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really starting to believe that statement was an internal memo that got leaked from the pboc on its way to exchanges.. Mind you I'll change my mind if across the board halts come..and then watch them flow to btc-e lol
This is on front page of http://www.btctrade.com/"Dear user: third-party payment channels received notification today, will be suspended directly online recharge functionality April 1, recharge will continue to use bank transfers, daily transactions and withdrawals are not affected, please understand! 415 for the recent events, Bitcoin transaction network (btctrade.com) yet received any notice, the recent market volatility is large, please investors cautious investment.". bter has made a similar announcement. I realize a lot of those who post in this thread has a very hard time accepting reality. Perhaps someone will be kind enough to send you a telex with the memo eventually? I advise you to accept reality and the fact that some CNY exchanges already confirmed that the PBOC document is real before we re-visit double digits. For negative stuff isn't it sell on rumours buy on news?
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