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Author Topic: Back to $40, what did you expect? Bitcoin is not going to go under $30.  (Read 1127 times)
🏰 TradeFortress 🏰 (OP)
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March 07, 2013, 01:32:58 AM
 #1

We had a correction down to $40. While people were busily trolling on OTC on how bitcoins will be worth 1 cent again, the price is now back at $40.

Bitcoin has grown a lot, and we won't have another crash to the extent of the first one again. Just corrections.
flaab
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March 07, 2013, 01:49:47 AM
 #2

We had a correction down to $40. While people were busily trolling on OTC on how bitcoins will be worth 1 cent again, the price is now back at $40. Bitcoin has grown a lot, and we won't have another crash to the extent of the first one again. Just corrections.
http://www.usagold.com/gildedopinion/mackay-tulip-mania.html
dree12
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March 07, 2013, 02:00:22 AM
 #3

When have we seen this before?

I wish people would stop making excuses. With every sudden rise is an equally sudden drop. Good luck to you bulls—you'll need it.
grue
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March 07, 2013, 02:03:41 AM
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and it's crashing down to $36 again

It is pitch black. You are likely to be eaten by a grue.

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March 07, 2013, 02:05:52 AM
 #5

and it's crashing down to $36 again

How can you tell?
Raoul Duke
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March 07, 2013, 02:06:33 AM
 #6

and it's crashing down to $36 again

I see it at $43!
Bitcoin is like Christmas...
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March 07, 2013, 02:07:22 AM
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and it's crashing down to $36 again

I see it at $43!

Was at $44 a while ago. Now at $42. Soon we'll reach $32.
flaab
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March 07, 2013, 02:08:12 AM
 #8

The market does not go to infinity or zero in a few minutes. Take for example the chart of the last crash:

As you can see, there 5 days where the bitcoin price ranged quite a lot. If you read candlestick charts, you'd see that during the first tanking day, it recovered quite a bit, to later tank again. There is nothing to be said now. Either bulls or bears will be right in 4 months.
Raoul Duke
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March 07, 2013, 02:09:16 AM
 #9

and it's crashing down to $36 again

I see it at $43!

Was at $44 a while ago. Now at $42. Soon we'll reach $32.

And after $32?  Roll Eyes
Hell, you don't even need to answer that, if what you say is so real in your head, you're a rich person. Go for it, dawg!
dree12
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March 07, 2013, 02:12:04 AM
 #10

and it's crashing down to $36 again

I see it at $43!

Was at $44 a while ago. Now at $42. Soon we'll reach $32.

And after $32?  Roll Eyes
Hell, you don't even need to answer that, if what you say is so real in your head, you're a rich person. Go for it, dawg!

We probably won't break $32, or at least so I'm hoping. And I already have gone for it, thank you.
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March 07, 2013, 02:13:15 AM
 #11

Yow, this is what traders refer to as the "stair step up, elevator down."
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