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February 24, 2013, 11:16:26 AM Last edit: February 24, 2013, 11:50:20 AM by Luno |
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LOL guys, true it's really hard to sense which way this is going by looking at the ticker and indicators.
Good news we are waiting for:
Articles and news casts about Bitcoin being more expensive than silver and Face Book stocks, the payday rush that can be seen around 1'st March. Last, news about an all time high of Bitcoin, that will happen in the next two weeks, if it happens!
If Bitcoin is breaking the all time high in the foreseeable future, it requires strong support, as there allways is some guy that completely forgot about his 30.000 Bitcoins 4 years ago when he left for Peru to go hiking!
Long term, difficulty is rising fast which is a stone set indicator of increasing buying pressure from us, the Bitcoin fanatics.
Worries:
The total amount of fiat money invested in Bitcoin has been on the decline since noon Feb 22'nd, that might only be a weekend dip or the fast (not necessarily the clever) traders getting out?
There is a decline in the hits on the Bitcoin WIKI and there is also the ever present possiblity that some bad press hits main media. Pick a topic of choice: drugs, regulation, money launder, tax evasion, a hack, a scam,
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