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Author Topic: Epic bull trap in the making?  (Read 5806 times)
mmortal03
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April 13, 2013, 02:37:55 AM
 #41

If it drops back to $100 I'm going to buy in and then hold for the long term. I bought in at $60 today and sold at $103 thinking it was indeed a bull trap, only to see it jump up to $130 == too much stress trying to watch this 24/7. Gonna buy and hold at a psychologically important long term level of $100 and be done with it if the market gives me the chance here.

Looks like I may get my wish.
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April 13, 2013, 02:39:40 AM
 #42

This day on your bull-shit channel:



 Cheesy

There is still some space at the top for both of us.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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April 13, 2013, 02:41:20 AM
 #43

This day on your bull-shit channel:



 Cheesy

There is still some space at the top for both of us.
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April 13, 2013, 02:42:43 AM
 #44

I'm surprised people so quickly lifted it past 3 digits but it makes sense. Everyone thinks they'll be better at calling the top and cashing out on time than the last group.
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April 13, 2013, 02:42:59 AM
 #45

Looks like I was right yet again.

Do as thou wilt shall be the whole of the law.
mmortal03
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April 13, 2013, 02:43:12 AM
 #46

If it drops back to $100 I'm going to buy in and then hold for the long term. I bought in at $60 today and sold at $103 thinking it was indeed a bull trap, only to see it jump up to $130 == too much stress trying to watch this 24/7. Gonna buy and hold at a psychologically important long term level of $100 and be done with it if the market gives me the chance here.

Looks like I may get my wish.

Or maybe not, as Mt Gox seems to have just Goxed again.
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April 13, 2013, 02:46:15 AM
 #47

If it drops back to $100 I'm going to buy in and then hold for the long term. I bought in at $60 today and sold at $103 thinking it was indeed a bull trap, only to see it jump up to $130 == too much stress trying to watch this 24/7. Gonna buy and hold at a psychologically important long term level of $100 and be done with it if the market gives me the chance here.

Looks like I may get my wish.

Or maybe not, as Mt Gox seems to have just Goxed again.

It'll ungox soonish probably and you'll get buy.  Cheesy

EDIT: Did it ungox? Just bought up to 110.
xorglub
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April 13, 2013, 02:49:12 AM
 #48

But that was very low volume (23 btc or so). Not what I would call a breakout...
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April 13, 2013, 02:50:17 AM
 #49

But that was very low volume (23 btc or so). Not what I would call a breakout...
Me neither, I can't see much as my feeds are cutting in and out. I just saw a buy to 110.
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April 13, 2013, 02:50:54 AM
 #50





Heyyyyyyyy ... when's THIS bubble gonna pop?  Cheesy

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LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
mmortal03
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April 13, 2013, 02:52:07 AM
 #51

If it drops back to $100 I'm going to buy in and then hold for the long term. I bought in at $60 today and sold at $103 thinking it was indeed a bull trap, only to see it jump up to $130 == too much stress trying to watch this 24/7. Gonna buy and hold at a psychologically important long term level of $100 and be done with it if the market gives me the chance here.

Looks like I may get my wish.

Or maybe not, as Mt Gox seems to have just Goxed again.

It'll ungox soonish probably and you'll get buy.  Cheesy

EDIT: Did it ungox? Just bought up to 110.

For a sec there, spiked, but now back down to 101.1 (and Goxed again, of course.)
meowmeowbrowncow
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April 13, 2013, 02:59:36 AM
 #52





Heyyyyyyyy ... when's THIS bubble gonna pop?  Cheesy



the earth will become a tiring and chaotic place full of people (increasingly where life has less value) and either governments fail us or they institute population control.


humans are profoundly irresponsible when it comes to reproduction.

"Bitcoin has been an amazing ride, but the most fascinating part to me is the seemingly universal tendency of libertarians to immediately become authoritarians the very moment they are given any measure of power to silence the dissent of others."  - The Bible
arepo
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April 13, 2013, 03:18:19 AM
 #53

I'm surprised people so quickly lifted it past 3 digits but it makes sense. Everyone thinks they'll be better at calling the top and cashing out on time than the last group.

some people are. my targets worked out great. 30% gains on the tiny staircase. i also sold my targets to wobber, who, if he followed them, should be sitting on similar realized profits.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
mmortal03
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April 13, 2013, 03:20:16 AM
 #54

If it drops back to $100 I'm going to buy in and then hold for the long term. I bought in at $60 today and sold at $103 thinking it was indeed a bull trap, only to see it jump up to $130 == too much stress trying to watch this 24/7. Gonna buy and hold at a psychologically important long term level of $100 and be done with it if the market gives me the chance here.

Looks like I may get my wish.

Or maybe not, as Mt Gox seems to have just Goxed again.

It'll ungox soonish probably and you'll get buy.  Cheesy

EDIT: Did it ungox? Just bought up to 110.

Gox'd again. At least I have the limit order already in, I just want to see the damn thing go through so I can get on with the rest of my life! Smiley
BitcoinMillionaire
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April 13, 2013, 03:51:05 AM
 #55

Yea, get out while you can, I'm getting back in at $30-$40

If people would only look at the technicals that understand whats happening. Macd and stoch have crossed down on the weekly chart, stay out until they turn back up.

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PRIMEDICE
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mmortal03
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April 13, 2013, 04:08:08 AM
 #56

Yea, get out while you can, I'm getting back in at $30-$40

If people would only look at the technicals that understand whats happening. Macd and stoch have crossed down on the weekly chart, stay out until they turn back up.

I hope not; I did see your other thread. I'm all in at 100, and holding for the long term.
Adrian-x
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April 13, 2013, 05:10:47 AM
 #57



Heyyyyyyyy ... when's THIS bubble gonna pop?  Cheesy
after the next Bitcoin Bubble, or hey according to most economists never, we can continue exponentially.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
bitcon
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April 13, 2013, 05:37:46 AM
 #58

it was ~$60 less than 24 hours ago.  you bears never cease to amaze me.


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mmortal03
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April 13, 2013, 05:39:36 AM
 #59

it was ~$60 less than 24 hours ago.  you bears never cease to amaze me.

They'll just say it will be $30 24 hours from now.
Nemesis
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April 13, 2013, 05:59:05 AM
 #60

Yea, get out while you can, I'm getting back in at $30-$40

If people would only look at the technicals that understand whats happening. Macd and stoch have crossed down on the weekly chart, stay out until they turn back up.

Hellow IHeartJosh, didnt know you're on here as well

Do another vid about this crash,
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