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Author Topic: A thing of beauty  (Read 2820 times)
Luthier (OP)
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July 13, 2015, 05:32:31 PM
 #1

That ~281 data point was exactly what we needed to confirm that the parabolic uptrend has begun.  Think about it... if you don't have corrections like that the whole thing runs out of steam too early.

Wexlike
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July 13, 2015, 05:46:46 PM
 #2

You could connect a few more points imho. Roll Eyes
Dilla
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July 13, 2015, 05:47:27 PM
 #3

Yep, totally expected a drop after the weekend rise. Upper 300s here we go!
spazzdla
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July 13, 2015, 07:49:58 PM
 #4

220-240 range was held for months.. we moved to $310 with a fall back to $280-290...

Agree with OP I do.
Zangelbert Bingledack
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July 13, 2015, 08:19:31 PM
 #5

Yup just a simple retracement, inspiring several lazy yawns. Zoom out! Grin
willope
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July 13, 2015, 08:24:37 PM
 #6

 I am happy with the actual price. And I don't understand why people are crying when 280$ is a high price compared to almost all the year 2015.
So If you folks have enough bitcons, my only purpose  is to make a coffee and sit down to search for good places to live once you quit  your jobs.  Cool


Go get a job instead of wasting ur time with scams
redsn0w
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July 13, 2015, 08:40:14 PM
 #7

You could connect a few more points imho. Roll Eyes

Ahaha fantastic reply! You made my day.



However, OP you should see this other chart (BitStamp market):




Frotunatelly I've sold few bitcoin at 305 dollars....
willope
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July 13, 2015, 09:24:25 PM
 #8

You could connect a few more points imho. Roll Eyes

Ahaha fantastic reply! You made my day.


However, OP you should see this other chart (BitStamp market):


Frotunatelly I've sold few bitcoin at 305 dollars....


It seems like just one entity (and a herd of bears like always) was selling.
I am a bull, and as one, have to inform you that someone(s) bought all those bitcoins at a higher price than most of this year. Cool

Go get a job instead of wasting ur time with scams
Greendragon
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July 13, 2015, 09:26:39 PM
 #9

$294.5
nom nom nom der walls



 Cool
Wilhelm
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July 13, 2015, 09:40:11 PM
 #10

This thread reminds me of this....


Bitcoin is like a box of chocolates. You never know what you're gonna get !!
spazzdla
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July 13, 2015, 09:43:40 PM
 #11

This thread reminds me of this....



Quantum computing, BTC will go back in time, chart verified.
talkingleaves
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July 13, 2015, 10:03:42 PM
 #12

this is the best thread i've read in a long time
spiderbrain
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July 13, 2015, 10:36:39 PM
 #13

No! Bitcoin is DOOMED! I laugh at your silly internet token things, it will never get higher than $31 again!



oh, sorry, I thought it was 2012 for a minute...

Luthier (OP)
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July 14, 2015, 12:48:58 AM
 #14

It may seem facetious to draw that many lines but it illustrates what an exponential rise looks like and I like the "cat's cradle" effect of all the support lines  Cool

Tens of thousands of coins were dumped last night yet we're still rising exponentially.

Amph
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July 14, 2015, 08:06:52 AM
 #15

It may seem facetious to draw that many lines but it illustrates what an exponential rise looks like and I like the "cat's cradle" effect of all the support lines  Cool

Tens of thousands of coins were dumped last night yet we're still rising exponentially.



let them dump the more they dump and the more we can remain at the same level, the more that level will be tough to beat

those little dump that occur while we are increase so nicely, are a good thing, they give the opportunity for buyers to buy at the same price and strengthen their position
HarHarHar9965
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July 14, 2015, 08:19:56 AM
 #16

It may seem facetious to draw that many lines but it illustrates what an exponential rise looks like and I like the "cat's cradle" effect of all the support lines  Cool

Tens of thousands of coins were dumped last night yet we're still rising exponentially.



let them dump the more they dump and the more we can remain at the same level, the more that level will be tough to beat

those little dump that occur while we are increase so nicely, are a good thing, they give the opportunity for buyers to buy at the same price and strengthen their position


Yes, this results in more room for people who want to invest their money in bitcoin to buy at an optimum price. It benefits both the parties, and such little dumps that take place will happen while our position will increase better. It will make the people who are buying new coins happy too and when dumps slow down, the price go up and benefit all
Nrcewker
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July 14, 2015, 09:11:32 AM
 #17

A thing of beauty like a draem.

Brewins
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July 14, 2015, 09:39:59 AM
 #18

Don't look at the charts, look at Greece.

Their doom will be our moon, and if they don't fail we will just go back to 240.
Luthier (OP)
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July 15, 2015, 12:14:23 AM
 #19

It could be nothing but a trigger was hit and I've closed my longs (for now).  I'm not happy with the volume on the bounce back from 281 and the first support line was broken.  I will open new longs if we can get back on top of that line but a parabolic rise will crash if it stops accelerating.  The very short term is critical here.  I might start opening shorts below the second support line currently around 280  Cry

randy8777
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July 15, 2015, 09:33:18 PM
 #20

Don't look at the charts, look at Greece.

Their doom will be our moon, and if they don't fail we will just go back to 240.

bitcoin price is not depending on greece. it will go up anyway as there will be more use for it. it's great to see the price peak due to greece, but we all know, peaks don't last.
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