redsn0w
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Activity: 1778
Merit: 1042
#Free market
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August 02, 2015, 12:22:42 PM |
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280$ again:)
I think the price will go up again from here to around 300$ in the following days.
Then what? Another dump from 295-299.99 range and we will see 275-280 again. This is only your opinion, no one know what it will happen to bitcoin  (speculation side). |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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hdbuck
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Activity: 1260
Merit: 1002
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August 02, 2015, 12:53:09 PM |
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Top 5 supercomputers ( http://fossbytes.com/top-5-supercomputers-of-the-world/) Mira IBM’s self-built Supercomputer: 8.6 petaflops Fujitsu’s K computer : 10.5 petaflops IBM machine Sequoia: 17.2 petaflops Titan: 17.6 petaflops Milky Way-2, the king of supercomputers processes at a "staggering" (  ) speed of 33.9 petaflops total = 87.8 petaflops Bitcoin Network Hashrate: 4,875,965.41 petaflops ( http://www.bitcoinwatch.com/) #lel #bullish  |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 02, 2015, 01:02:25 PM |
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redsn0w
Legendary
Offline
Activity: 1778
Merit: 1042
#Free market
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August 02, 2015, 01:03:54 PM |
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Top 5 supercomputers ( http://fossbytes.com/top-5-supercomputers-of-the-world/) Mira IBM’s self-built Supercomputer: 8.6 petaflops Fujitsu’s K computer : 10.5 petaflops IBM machine Sequoia: 17.2 petaflops Titan: 17.6 petaflops Milky Way-2, the king of supercomputers processes at a "staggering" ( ) speed of 33.9 petaflops total = 87.8 petaflops Bitcoin Network Hashrate: 4,875,965.41 petaflops ( http://www.bitcoinwatch.com/) #lel #bullish bitcoin miners are sha256 exclusive units. They can't do anything else then sha256 hashes. While all the superComputers can literally do anything you want.  you are so cruel // sarcasm. |
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GaliX
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August 02, 2015, 01:04:03 PM |
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Top 5 supercomputers ( http://fossbytes.com/top-5-supercomputers-of-the-world/) Mira IBM’s self-built Supercomputer: 8.6 petaflops Fujitsu’s K computer : 10.5 petaflops IBM machine Sequoia: 17.2 petaflops Titan: 17.6 petaflops Milky Way-2, the king of supercomputers processes at a "staggering" ( ) speed of 33.9 petaflops total = 87.8 petaflops Bitcoin Network Hashrate: 4,875,965.41 petaflops ( http://www.bitcoinwatch.com/) #lel #bullish bitcoin miners are sha256 exclusive units. They can't do anything else then sha256 hashes. That's the reason why they are like over 100x-1000x faster then a same sized regular cpu.. While all the superComputers can literally do anything you want the ASIC chips can't do anything beside sha256. Why would this be bullish? |
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natewelt
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August 02, 2015, 01:22:30 PM |
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We need to get back to 285 in order to put an end to this 5 day downtrend.
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inca
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Activity: 1176
Merit: 1000
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August 02, 2015, 01:37:29 PM |
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We need to get back to 285 in order to put an end to this 5 day downtrend.
A single 5k market buy moves the price immediately back up to 300. And all the new shorts in the decline have covered already. |
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natewelt
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August 02, 2015, 01:42:05 PM |
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We need to get back to 285 in order to put an end to this 5 day downtrend.
A single 5k market buy moves the price immediately back up to 300. And all the new shorts in the decline have covered already. During this entire downtrend I've noticed traders are very unwilling to raise their bids and "slap the ask" as I like to say. That's why its just been a slow trickle down. Sellers are selling right into traders hands rather than traders gobbling up coins moving us higher with market orders. We need someone or a couple people to aggressively buy in order to break this downtrend...like you said a 5k market order would def do it! |
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inca
Legendary
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Activity: 1176
Merit: 1000
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August 02, 2015, 01:44:35 PM |
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We need to get back to 285 in order to put an end to this 5 day downtrend.
A single 5k market buy moves the price immediately back up to 300. And all the new shorts in the decline have covered already. During this entire downtrend I've noticed traders are very unwilling to raise their bids and "slap the ask" as I like to say. That's why its just been a slow trickle down. Sellers are selling right into traders hands rather than traders gobbling up coins moving us higher with market orders. We need someone or a couple people to aggressively buy in order to break this downtrend...like you said a 5k market order would def do it! Patience. We are resetting all the momentum indicators.  |
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inca
Legendary
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Activity: 1176
Merit: 1000
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August 02, 2015, 01:51:49 PM |
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The same could be said of bears. The onus is upon them to break this uptrend by breaching 270. Everything else is just noise and a chance to accumulate before the trend does it's thing.
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ask
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Activity: 1386
Merit: 1004
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August 02, 2015, 02:01:26 PM |
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... break this uptrend...
This uptrend?  Yes it is, but I am sorry because you are blind. My advice: go three steps backward, and you will see bigger picture |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 02, 2015, 02:02:17 PM |
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natewelt
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August 02, 2015, 02:04:48 PM |
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... break this uptrend...
This uptrend? That's a clear downtrend that has yet to be broken. Inca was likely talking about the uptrend that started about 2 months ago at 220. |
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sAt0sHiFanClub
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August 02, 2015, 02:05:06 PM |
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We need someone or a couple people to aggressively buy in order to break this downtrend...like you said a 5k market order would def do it!
Maybe we should ask inca & ask to do it? Kinda surprised they haven't thought of it themselves, cheap coins... +1. Clinging to an idea that makes no logical sense to informed players is about par for the course. |
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natewelt
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August 02, 2015, 02:09:19 PM |
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 Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term. |
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inca
Legendary
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Activity: 1176
Merit: 1000
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August 02, 2015, 02:15:10 PM |
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Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term. Look at the volume on the decline and guess what happens next. |
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GaliX
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August 02, 2015, 02:17:43 PM |
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Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term. Look at the volume on the decline and guess what happens next. Volume can be an indicator for tops/bottoms in the rest of the time volume is not so important... |
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natewelt
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August 02, 2015, 02:18:50 PM |
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Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term. Look at the volume on the decline and guess what happens next. Decreasing volume during a downtrend means sellers have exhausted their selling pressure. WE GO UP |
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natewelt
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August 02, 2015, 02:21:17 PM |
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Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term. Look at the volume on the decline and guess what happens next. Volume can be an indicator for tops/bottoms in the rest of the time volume is not so important... Not true. Periods of abnormally low volume are normally the calm before the storm. Usually the move following a period of low volume is substantial. Lower volume during an uptrend usually indicates buyers are losing interest and lower volume during a downtrend means sellers are almost done selling. |
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GaliX
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August 02, 2015, 02:36:53 PM |
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Here's what the technical picture looks like right now. Obviously we need to break to the upside from this 5 day downtrend soon or we may see lower prices still in the immediate near term. Look at the volume on the decline and guess what happens next. Decreasing volume during a downtrend means sellers have exhausted their selling pressure. WE GO UP well it means there are more sellers then buyers even if the volume is low... It does not indicate what the next big move is going to be. |
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