Nagle (OP)
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June 07, 2015, 09:53:43 PM |
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$225, ± 25, is the new normal. For the last 5 months, the price has been in that range except for two brief bubbles and one brief crash.
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Alley
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Activity: 910
Merit: 1000
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June 07, 2015, 09:58:01 PM |
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For how long?
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Nagle (OP)
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Activity: 1204
Merit: 1000
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June 07, 2015, 09:59:38 PM |
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For how long? Until someone finds a new use case comparable to getting yuan out of China or buying drugs on line. Or until everybody gets bored with Bitcoin. |
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manselr
Legendary
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Activity: 868
Merit: 1004
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June 07, 2015, 10:03:16 PM |
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For how long?
For a lot of time. 225 is the new 5. Everyone will start thinking it will never go beyond 5, just like they did with the 5 dollar period. A lot will sell, and once i goes 1500-2000 USD a lot will cry, just like it happened before. Gotta love impatient clueless people. |
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yahoo62278
Legendary
 Online
Activity: 3598
Merit: 4420
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June 07, 2015, 10:31:55 PM |
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For how long?
For a lot of time. 225 is the new 5. Everyone will start thinking it will never go beyond 5, just like they did with the 5 dollar period. A lot will sell, and once i goes 1500-2000 USD a lot will cry, just like it happened before. Gotta love impatient clueless people. id love to see it go beyond 5 but recently trends are showing the OP is correct for now. it has stayed pretty much steady at 220-240. i think all the recent hacks have hurt the btc world bigtime and until more security is introduced i dont think we see 1500 for awhile. |
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thebigtalk
Sr. Member
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Activity: 350
Merit: 250
Bitcoin and co.
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June 07, 2015, 10:45:06 PM |
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HODL on your bitcoin people! It won't go up for a few months.
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Xialla
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Merit: 1000
/dev/null
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June 08, 2015, 12:38:32 AM |
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OP is actually right. except some miracles or groundbreaking news. I really don't think, that will climb over 250$ until end of the year..
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farting_shot
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June 08, 2015, 12:45:56 AM |
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160 incoming in a few days.
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Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 08, 2015, 12:46:58 AM |
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OP is actually right. except some miracles or groundbreaking news. I really don't think, that will climb over 250$ until end of the year..
Although I want to deny this due to boredom, but you are right. |
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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yahoo62278
Legendary
Online
Activity: 3598
Merit: 4420
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June 08, 2015, 02:32:46 AM |
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what are some things that need to happen in order for the price to skyrocket? i see ppl asking questions like this all the time but i never see any good answers. it would be great if we could all band together and drive the price up
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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June 08, 2015, 02:36:45 AM |
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For how long? Until someone finds a new use case comparable to getting yuan out of China or buying drugs on line. Or until everybody gets bored with Bitcoin. Everyone is getting board with Bitcoin, thats why we have been sitting between 220-250 for so long. This is now officially the calm before the storm. How long it lasts is up to anyone's guess, but this is the boring stage, next stage is back up. Anyone who sold below here looking for a reentry is fucked and everyone who's been buying the way down is about to be back in the green. |
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Habeler876
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June 08, 2015, 03:03:15 AM |
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Not so sure. Might continue to range this way for some more weeks, couple months maybe. But I think a big move is on the horizon. And I'm leaning bearish on it.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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June 08, 2015, 03:11:38 AM |
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Not so sure. Might continue to range this way for some more weeks, couple months maybe. But I think a big move is on the horizon. And I'm leaning bearish on it.
if so, you must have bought plenty of coins to prepare yourself for the "big move" , right? chances are higher to see the price going lower for comming months. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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June 08, 2015, 03:14:46 AM |
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For how long? Until someone finds a new use case comparable to getting yuan out of China or buying drugs on line. Or until everybody gets bored with Bitcoin. Everyone is getting board with Bitcoin, thats why we have been sitting between 220-250 for so long. This is now officially the calm before the storm. How long it lasts is up to anyone's guess, but this is the boring stage, next stage is back up. Anyone who sold below here looking for a reentry is fucked and everyone who's been buying the way down is about to be back in the green.  |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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Alley
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Activity: 910
Merit: 1000
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June 08, 2015, 03:57:09 AM |
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I think a lot of people are sitting on the sidelines with money ready to enter but they want to see a clear sign of a uptrend first.
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Riddikulo
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June 08, 2015, 05:30:11 AM |
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160 incoming in a few days.
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pooya87
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Activity: 3444
Merit: 10521
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June 08, 2015, 06:23:10 AM |
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I think a lot of people are sitting on the sidelines with money ready to enter but they want to see a clear sign of a uptrend first.
i agree. many people still think that bitcoin is going to start going up and even reach $1000 , so they are waiting with cash in hand to jump on the train to the moon. while i am one of those guys, but i don't think that the price will go anywhere near $1000 , but it is going to go up if we can see any good news that results in a nice movement in the market. honestly bitcoin market is getting boring nowadays, it just at the same price with 1-2 $ ups and downs. |
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Fabrizio89
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June 08, 2015, 07:51:54 AM |
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It might take the whole summer, maybe the whole autumn but if things remain as they are, we are gonna break 200 simply because there is no real buying, there are just people inflating the price by going margin long which is building a castle of paper. I hope bullwhales have enough fiat to burn until there is some game changing news or until the halving, but I doubt it, it looks like they are already running out of steam thus longs going higher and higher with no real accumulation
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Amph
Legendary
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Activity: 3206
Merit: 1069
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June 08, 2015, 08:07:03 AM |
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OP is actually right. except some miracles or groundbreaking news. I really don't think, that will climb over 250$ until end of the year..
as long as it don't fall below it, i'm happy anyway, now is the time to no let it fall, the time for let it raise is still far away HODL on your bitcoin people! It won't go up for a few months.
then it is better to buy too, besides holding, you would help your own holding strategy, if you buy 160 incoming in a few days.
you are calling it since months, stop with this fud-fest, we are not going anywhere what are some things that need to happen in order for the price to skyrocket? i see ppl asking questions like this all the time but i never see any good answers. it would be great if we could all band together and drive the price up
that's plain manipulation, it is better to let the price grow naturally, if it is possible Meh. I wish. "Normal" implies a flat line, whereas the weekly candle chart clearly shows exponential decay (which looks linear on a log chart). The thing with exponential decay is that it slows down over time.  if we continues in this way it will show a flat line that will match the "$5" flat line of 2011-2012 and to be hnest i'm not seeing any decay, if you zoom out enough |
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clipman77
Legendary
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Activity: 1610
Merit: 1008
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June 08, 2015, 08:11:03 AM |
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It might take the whole summer, maybe the whole autumn but if things remain as they are, we are gonna break 200 simply because there is no real buying, there are just people inflating the price by going margin long which is building a castle of paper. I hope bullwhales have enough fiat to burn until there is some game changing news or until the halving, but I doubt it, it looks like they are already running out of steam thus longs going higher and higher with no real accumulation
Yes, and it looks very sad for the great yet. |
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