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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26400803 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Frozenlock
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May 04, 2013, 06:05:04 PM
 #4201

For those wanting more info about the CCTV's report.
http://www.reddit.com/r/Bitcoin/comments/1dosc3/im_a_chinese_born_us_citizen_heres_what_i_thought/

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It is clear that the Chinese government (who does in fact censor, this I can confirm with first hand experience) has given Bitcoin the go-ahead.
telemaco
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May 04, 2013, 06:22:43 PM
 #4202

are we in a upward trend or not?
underground_
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May 04, 2013, 06:24:07 PM
 #4203

are we in a upward trend or not?

What kind of time-frames are you asking about?
telemaco
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May 04, 2013, 06:32:32 PM
 #4204

Not sure what to answer. On H1 the emas comparison has been bearish from april 30 (143) until today 5:00 am (95) that seems to go upwards but seriously i don't know what to think.
I feel i am unable to follow the bitcoin value, always too soon, too late, too short, too long. It seems this is not for me. I entered at 30 on feb-march but i cannot recall how many mistakes i have done up to this time.

Starting to get really tired. I think i am getting more money from just investing on normal stocks. It is taking so many hours for just mistake after mistake. This is like a rollercoaster. I am more for fundamentals medium term and this is not playing good for me.
Its About Sharing
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May 04, 2013, 06:32:52 PM
 #4205

For those wanting more info about the CCTV's report.
http://www.reddit.com/r/Bitcoin/comments/1dosc3/im_a_chinese_born_us_citizen_heres_what_i_thought/

Quote
It is clear that the Chinese government (who does in fact censor, this I can confirm with first hand experience) has given Bitcoin the go-ahead.

I didn't notice that part you quoted but it stood out to me in the argument. WOW!!! This is so huge it makes Cypress seem, like well, Cypress.  Grin

I wonder why the Government would be behind it and my first reaction/feeling is that they are probably sick and tired of the USD and the bond issue that comes with it.
In a way, other governments embracing BTC (and other crypto-currencies) is a way of combating American Hegemony. Think about that...

China is sort of like another MtGox volume influence, maybe at the least. Have to ponder this one, oh my...

I am pretty leery now of selling based on just TA in light of this news. You never know what will happen...

Thanks for posting that reddit link, I will have to read the thread there.

IAS
telemaco
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May 04, 2013, 06:54:42 PM
 #4206

Oh well. a moment of weakness.
Going back to check bitcoin graph  Wink
elux
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May 04, 2013, 07:09:53 PM
 #4207

Warren Buffett comments on Berkshire Hathaway / Bitcoin:

https://twitter.com/beckyquickcnbc/statuses/330708125671895041
Frozenlock
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May 04, 2013, 07:10:34 PM
 #4208

The contrary would have scared me.
batcoin
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May 04, 2013, 07:13:33 PM
 #4209

Warren Buffett comments on Berkshire Hathaway / Bitcoin:

https://twitter.com/beckyquickcnbc/statuses/330708125671895041

I can't imagine anything better than the debit card system. If I can't imagine it, then not one else can either, so it most certainly cannot ever happen.
Odalv
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May 04, 2013, 07:18:58 PM
 #4210

Looks like time for $122
wachtwoord
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May 04, 2013, 07:20:33 PM
 #4211

Warren Buffett comments on Berkshire Hathaway / Bitcoin:

https://twitter.com/beckyquickcnbc/statuses/330708125671895041

I can't imagine anything better than the debit card system. If I can't imagine it, then not one else can either, so it most certainly cannot ever happen.

Who cares? Buffet doesn't invest in things he cannot understand.
d5000
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May 04, 2013, 07:24:03 PM
 #4212

Looks like time for $122

I guess 118/19 - 111 - 124.
ElectricMucus
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May 04, 2013, 07:24:43 PM
 #4213

Warren Buffett comments on Berkshire Hathaway / Bitcoin:

https://twitter.com/beckyquickcnbc/statuses/330708125671895041

I can't imagine anything better than the debit card system. If I can't imagine it, then not one else can either, so it most certainly cannot ever happen.

Who cares? Buffet doesn't invest in things he cannot understand.

Funny considering the popularity of the Fear&Greed quote here. Do I sense a slight bit of hypocrisy here?
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May 04, 2013, 07:26:53 PM
 #4214

Looks like time for $122

I guess 118/19 - 111 - 124.
Bear trap confirmation ?
SAQ
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May 04, 2013, 07:36:09 PM
 #4215

Well bored. I thought we will hang around 110 - 115 for two or three hours but a day or two seems more likely now.
SAQ
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May 04, 2013, 07:49:15 PM
 #4216

Warren Buffett comments on Berkshire Hathaway / Bitcoin:

https://twitter.com/beckyquickcnbc/statuses/330708125671895041

Yup, this 85 year old man has heard about bitcoins. That suggests that we are reaching mainstream time.

1000 by December? This by the way would mean that bitcoins has a market cap of only 11 billion. Isn't that no more than the yearly profits of one major bank?
Crazy
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May 04, 2013, 07:52:10 PM
 #4217

Stop worrying about if someone heard of something, worry about how you can use the damn thing. That's what matters.
ElectricMucus
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May 04, 2013, 07:52:34 PM
 #4218

Warren Buffett comments on Berkshire Hathaway / Bitcoin:

https://twitter.com/beckyquickcnbc/statuses/330708125671895041

Yup, this 85 year old man has heard about bitcoins. That suggests that we are reaching mainstream time.

1000 by December? This by the way would mean that bitcoins has a market cap of only 11 billion. Isn't that no more than the yearly profits of one major bank?

No it suggests that we have reached market saturation. We're out of suckers.
KillaMarci
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May 04, 2013, 07:53:11 PM
 #4219

Drinking game anyone? One shot for every $111.11 trade! Woosh!  Wink
rpietila
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May 04, 2013, 07:55:38 PM
 #4220

Looks like time for $122

I guess 118/19 - 111 - 124.

I propose the 2nd retracement to 106 (instead of 111), otherwise I hardly make any money.
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