Dafar
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Activity: 1330
Merit: 1000
dafar consulting
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December 03, 2015, 05:26:13 PM |
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Shut up Mat the Cat
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everaja
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December 03, 2015, 05:29:24 PM |
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Ups-Down AND hIGHS-LOWS ARE PART OF LIFE , ACCEPT IT , BTC is no exception. Even it goes below 100$ i will still hold it , i might think when it will go far below 50$ , i mean then i will buy much more
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spazzdla
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Activity: 1722
Merit: 1000
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December 03, 2015, 05:42:54 PM |
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He is clearly talking to the day traders..... I don't know why you're all freaking out.
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sanadas
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December 03, 2015, 05:58:01 PM |
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Ups-Down AND hIGHS-LOWS ARE PART OF LIFE , ACCEPT IT , BTC is no exception. Even it goes below 100$ i will still hold it , i might think when it will go far below 50$ , i mean then i will buy much more If it goes below $100 briefly, then I will hold it and buy some. If it stays below $100 for a few weeks, I will sell all my coin as bitcoin could die.
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MatTheCat (OP)
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December 03, 2015, 06:17:13 PM |
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Mat, I thought you're not touching your coins till the halving? Efit: I hope you don't orchestrate your post with all these sudden doom trolls. Not doom trolling...calling it how I see it. Long term, I am bullish on Bitcoin, but resolute support is a long way down from here. Fuck bag holding through that.
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Rallye
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Activity: 94
Merit: 10
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December 03, 2015, 06:32:23 PM |
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As a trader, I'm a big believer in the usefulness of TA to identify short term trends and patterns in Bitcoin Price. However, I am also a big believer that TA is pretty useless in identifying mid-long term trends in price. The mid-long term price is influenced far too much by the fundamentals, namely news and whatever else is happening in the world involving bitcoin, to be able to make predictions like this. You can have all the bearish pendants, heads and shoulders, and cups/handles that your heart desires and one little news article could send the price skyrocketing.
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jonald_fyookball
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Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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December 03, 2015, 07:01:51 PM |
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Fuck your shitty TA, you noob. Good traders would never claim anyone is fucked as if they know what the market is going to do. The market can change direction at any moment....and probably will go sideways for a while.
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MatTheCat (OP)
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December 03, 2015, 07:52:39 PM |
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Fuck your shitty TA, you noob. Good traders would never claim anyone is fucked as if they know what the market is going to do. The market can change direction at any moment....and probably will go sideways for a while. Yes. That is correct. Bitcoin will go sideyways for a while, and then probably up. Now is a buying opportunity. Infact, now is time to go 20x leveraged long on OKCoin Futures.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 03, 2015, 08:46:28 PM |
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Fuck your shitty TA, you noob. Good traders would never claim anyone is fucked as if they know what the market is going to do. The market can change direction at any moment....and probably will go sideways for a while. Yes. That is correct. Bitcoin will go sideyways for a while, and then probably up. Now is a buying opportunity. Infact, now is time to go 20x leveraged long on OKCoin Futures. fuck ya the halfing scaling conference Xmas time's up!
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jonald_fyookball
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Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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December 03, 2015, 08:50:57 PM |
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Yes. That is correct. Bitcoin will go sideyways for a while, and then probably up.
then why'd you start a thread saying short? ahh why do i even bother
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MatTheCat (OP)
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December 03, 2015, 08:54:32 PM |
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Fuck your shitty TA, you noob. Good traders would never claim anyone is fucked as if they know what the market is going to do. The market can change direction at any moment....and probably will go sideways for a while. Yes. That is correct. Bitcoin will go sideyways for a while, and then probably up. Now is a buying opportunity. Infact, now is time to go 20x leveraged long on OKCoin Futures. fuck ya the halfing scaling conference Xmas time's up! Halving is over 7 months away my friend. If 'everyone knows' that BTC is going up to at least the $700s in the run up to the halving, why the fuck did everyone dump their coins at $500. A good price compared to $700 odd. $330 is also a better price than $360. And $280 is a better price still than $330, wouldn't you agree? All the smart money already bought into Bitcoin ya think? If not, where do you think they will be buying? But seriously, it is good to still see plenty bullish sentiment around....afterall, I need someone to buy all those BTC standing in between me and my preferred Short RLZ.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 03, 2015, 09:02:20 PM |
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Fuck your shitty TA, you noob. Good traders would never claim anyone is fucked as if they know what the market is going to do. The market can change direction at any moment....and probably will go sideways for a while. Yes. That is correct. Bitcoin will go sideyways for a while, and then probably up. Now is a buying opportunity. Infact, now is time to go 20x leveraged long on OKCoin Futures. fuck ya the halfing scaling conference Xmas time's up! Halving is over 7 months away my friend. If 'everyone knows' that BTC is going up to at least the $700s in the run up to the halving, why the fuck did everyone dump their coins at $500. A good price compared to $700 odd. $330 is also a better price than $360. And $280 is a better price still than $330, wouldn't you agree? All the smart money already bought into Bitcoin ya think? If not, where do you think they will be buying? But seriously, it is good to still see plenty bullish sentiment around....afterall, I need someone to buy all those BTC standing in between me and my preferred Short RLZ. http://www.coindesk.com/goldman-sachs-report/
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MatTheCat (OP)
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December 03, 2015, 09:06:56 PM |
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afbitcoins
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Activity: 2101
Merit: 1061
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December 03, 2015, 09:15:13 PM |
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If you sell planning to buy in cheaper but then market goes up instead, then you are fucked another way. No pattern is guaranteed. And for me the overarching trend is bullish, safest play is hodl at least until after the halving mania next year. If you day trade you might get lucky or you might end up with a smaller stack. There is risk in betting too much on a potential head n shoulders pattern.
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MatTheCat (OP)
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December 03, 2015, 09:21:33 PM |
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If you sell planning to buy in cheaper but then market goes up instead, then you are fucked another way. No pattern is guaranteed. And for me the overarching trend is bullish, safest play is hodl at least until after the halving mania next year. If you day trade you might get lucky or you might end up with a smaller stack. There is risk in betting too much on a potential head n shoulders pattern.
If Bitcoin goes up, I am cool with that. The market will still be there, more opportunities will arise....... btw...I care far more about my balances of $, €, and £, than I do ฿. This market is not like it once was, where you could either buy, or sell, with 1% MtGox fees each and everytime that you did so. Now there is margin, shorting, and up to 40x leverage on the likes of OKcoin. I am bullish in the longer term, but there will be no more easy paths up in Bitcoin. Sharks have entered into the lagoon. Beware!
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uki
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Activity: 1358
Merit: 1000
cryptojunk bag holder
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December 03, 2015, 09:23:09 PM |
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Doesn't really look like a H&S to me but I agree, if we do go below $350 again, we're probably headin lower.
It is quite probable that we break $350, but we shouldn't go much lower than low $300s. We are currently range-bounded around $350 that is the middle line. The last spark up was about $30 to the upper band of the channel. I would expect the similar to be tested below $350. But that is only important if you day-trade. I am not interested in the short-term price movement.
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this space is intentionally left blank
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bitebits
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Activity: 2302
Merit: 3685
Flippin' burgers since 1163.
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December 03, 2015, 09:29:47 PM |
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I really trying my best to understand why we are f*cked, but I can't find a single chart that is not bullish over the last year: https://blockchain.info/charts
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You can figure out what will happen, not when /Warren Buffett
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busybee7
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December 03, 2015, 09:31:55 PM |
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its a funny guess though im afraid it might be true what would mean a loss for me
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Denker
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Activity: 1442
Merit: 1016
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December 03, 2015, 09:54:06 PM |
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Oh damn we're done again?! Really? When? Because today the price seems to be pretty stable!! And even if this baby should go down...I will buy!!!!Cheap coins are always welcome
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