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Frozenlock
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July 08, 2013, 12:17:33 AM |
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You should laugh, but I have a feeling, based on special subset of my indicators, which says that my short buy @~65 may transform into long position. 30% probability estimation.
Really good call on this! Aren't you supposed to wait for a climb near $100 before saying good call? For what's it's worth, kudos Lucif on the first part of your prediction. (The short buy.) |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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BrightAnarchist
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Activity: 853
Merit: 1000
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July 08, 2013, 12:20:21 AM |
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I still don't think that the bear will last for multiple years as Birght Anarchist says, for sure many months to come, but 2/3 years seems a bit too much for BTC standards. Anyhow, BrightAnarchist got it right so far, let's grab some popcorn and see how this plays out.
Thanks mate! Yeah I'm far more bearish on Bitcoin than anyone else I've come across (aside from the idiots that don't grok Bitcoin of course)... but super-long-term I still strongly believe in crypto-currency technology. I'm basing my multi-year bear market opinion on BTC on the fact that (1) I believe it's a "risk-on" asset, not a "risk-off" and (2) I believe the top is one degree larger than the 2011 bubble, and thus the resulting bear should be commensurate with that (3) my estimated time-frame for the the Kondratieff cycle to bottom, which should include equities, real-estate, bonds, and commodities. It will eventually end when all the debt is destroyed (along with most of the financial system) and then deflation will run out of steam and yield to the inflation that the Fed will create in response. That's when I'm going to be buying Bitcoins again. Honestly though, the most imminent big trade is not in Bitcoin IMO, it's short the S&P. I think the top is in as of the ATH @ 1687.18. This next year or two should be a wild ride once we start to finish these stupid 1-2s and get some real downside momentum going  |
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notme
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July 08, 2013, 12:37:33 AM |
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Honestly though, the most imminent big trade is not in Bitcoin IMO, it's short the S&P. I think the top is in as of the ATH @ 1687.18. This next year or two should be a wild ride once we start to finish these stupid 1-2s and get some real downside momentum going +1 |
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lucif (OP)
Sr. Member
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Activity: 462
Merit: 250
Clown prophet
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July 08, 2013, 09:29:27 AM |
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Short buy everything below $70.
Daily sma 200 should rebound.
Hehe |
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tarmi
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July 08, 2013, 09:41:45 AM |
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good call lucif!
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xorglub
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July 08, 2013, 09:49:54 AM |
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Nice one lucif !
Now resistance is approaching... sold yet or aiming for higher ?
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lebing
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Activity: 1288
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Enabling the maximal migration
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July 08, 2013, 09:53:36 AM |
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Honestly though, the most imminent big trade is not in Bitcoin IMO, it's short the S&P. I think the top is in as of the ATH @ 1687.18. This next year or two should be a wild ride once we start to finish these stupid 1-2s and get some real downside momentum going +1 1-2s ? |
Bro, do you even blockchain?
-E Voorhees
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Han
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Activity: 40
Merit: 0
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July 08, 2013, 09:53:55 AM |
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This bear market isn't over. We'll be returning to the 50s or lower within the next few weeks at most.
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lebing
Legendary
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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July 08, 2013, 09:55:10 AM |
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This bear market isn't over. We'll be returning to the 50s or lower within the next few weeks at most.
this. |
Bro, do you even blockchain?
-E Voorhees
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RyNinDaCleM
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Merit: 1009
Legen -wait for it- dary
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July 08, 2013, 10:43:11 AM |
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Honestly though, the most imminent big trade is not in Bitcoin IMO, it's short the S&P. I think the top is in as of the ATH @ 1687.18. This next year or two should be a wild ride once we start to finish these stupid 1-2s and get some real downside momentum going +1 1-2s ? Elliot waves! A bunch of 1-2's, makes for a bunch of extended waves. (Ex. I,II,1,2,i,ii,iii,iv,3,4,III,IV,V) |
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N12
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July 08, 2013, 01:06:43 PM |
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This bear market isn't over. We'll be returning to the 50s or lower within the next few weeks at most.
this. WTF, you're bearish?  |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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July 08, 2013, 01:18:05 PM |
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This bear market isn't over. We'll be returning to the 50s or lower within the next few weeks at most.
this. WTF, you're bearish? short/ medium term, yep. |
Bro, do you even blockchain?
-E Voorhees
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N12
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July 08, 2013, 01:26:51 PM |
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Good job on overcoming your bias then, enjoy the ride until we hit capitulation station.  |
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lucif (OP)
Sr. Member
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Activity: 462
Merit: 250
Clown prophet
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July 08, 2013, 05:49:35 PM |
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Potential head and shoulders (not confirmed yet)  |
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myself
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Activity: 938
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chaos is fun...…damental :)
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July 08, 2013, 07:21:24 PM |
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no vendas la piel del oso antes de cazarlo  |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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rampantparanoia
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July 09, 2013, 10:23:58 PM |
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any thoughts on the today's relative stability?
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 09, 2013, 10:42:33 PM |
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flag so far  |
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myself
Legendary
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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July 09, 2013, 10:43:49 PM |
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the jpg have a pennant btw  take ur pick flag or pennant |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 09, 2013, 10:46:20 PM |
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I see no difference between flag or pennant except their form. Same rules applied to both.
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JahPowerBit
Sr. Member
Offline
Activity: 335
Merit: 255
Counterparty Developer
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July 10, 2013, 06:07:02 PM |
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please what is your opinion on this wall at $ 80?
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