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Frozenlock
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May 06, 2013, 08:41:02 PM |
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Right
That could have gone way more badly
I think bulls we can now safely start slaughtering bears again.
I wouldn't... |
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bangersdad
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May 06, 2013, 08:41:26 PM |
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Thanks - from there i see ema10 crosses above - is that not a buy signal? sorry i look wrong scale..now 1 hour i understand!...stupid me. |
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Multifarious
Newbie
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Activity: 35
Merit: 0
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May 06, 2013, 08:41:30 PM |
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So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..
If even death code is turning bearish, as he is predicting a lower bottom than we have had today, is really the time to buy, guys. Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy!  Completely agree - more than 50% of the people on the board are expecting 3 months of downtrend, so there are lot of coinz out there right now to have. |
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samurai1200
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May 06, 2013, 08:44:00 PM |
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Thanks - from there i see ema10 crosses above - is that not a buy signal? EMA means Exponential Moving Average. A convergence and/or crossing from above of the EMA-10 thru the EMA-21 essentially means there is a downward-price-trend forming. EMA is similar to Simple Moving Average, only that most recent changes are given more 'weight' or importance. |
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Rampion
Legendary
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Activity: 1148
Merit: 1017
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May 06, 2013, 08:45:29 PM |
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So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..
If even death code is turning bearish, as he is predicting a lower bottom than we have had today, is really the time to buy, guys. Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy! I think you misunderstood my comment. I'm predicting higher and higher crashes just by looking at the history of the most notorious crashes. 2011 crash ~$32 to ~$0.02 Fork Crash ~$50 to ~$32 Big High crash $266 to $55 Last Crash ~$140 to $79 My prediction is a crash in the 95-100 range for the next "big" crash and then another crash on the $130-$150 I'm not bearish at all, I'm just stating facts based on the crashes that we've had. Feel free to correct me if you think I'm wrong. You are right. I was just stating the fact that now everybody is predicting a crash below where we just corrected (we went to $110 from $124), everybody is expecting cheaper coins than the current price, even if it's for a moment. Before April 10th, as soon as we moved from a psychological barrier (say $100) the most common post was "wow, we're going to the moon, my investment just went x10, buy buy buy"! The feeling just changed, i know its obvious, but Is entertaining nevertheless |
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thezerg
Legendary
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Activity: 1246
Merit: 1000
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May 06, 2013, 08:46:53 PM |
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Interesting choice... dumping just before the end of the longest bank holiday of the year.
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Frozenlock
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May 06, 2013, 08:49:37 PM |
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Interesting choice... dumping just before the end of the longest bank holiday of the year.
Don't argue with the market! PANIC! |
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samurai1200
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May 06, 2013, 08:50:18 PM |
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Interesting choice... dumping just before the end of the longest bank holiday of the year.
i also found this a little perplexing. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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May 06, 2013, 08:50:27 PM |
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Interesting choice... dumping just before the end of the longest bank holiday of the year.
People who know people that know people maybe know something. |
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Bitsinmyhead
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May 06, 2013, 08:54:11 PM |
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LOL trading Bitcoin on margin sure gets that blood flowing.
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samurai1200
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May 06, 2013, 08:54:53 PM |
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LOL trading Bitcoin on margin sure gets that blood flowing.
Where? |
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samurai1200
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May 06, 2013, 08:55:57 PM |
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Also, are 99 BTC sells placed to intentionally stay below most users clarkmoody "ding!" sound? I feel like this is probably the case. Seen a few 99 BTC orders today.
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Kazu
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May 06, 2013, 08:56:36 PM |
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Since Friday I've literally allocated a bunch of Bitcoins to the following (super dumb sounding) strategy. Whenever the price drops below a round number (within reason, it has to have been above that number for a "while" and a wall of some reasonable previously must have existed there), I sell immediately. Then, I buy the coins back for $5 cheaper (one time I bailed and bought too early, but it turns out I could have waited anyway). Ridiculously enough this strategy has worked like a charm and not once failed, though one time I was waiting for a while. Lets see how long this keeps up.
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samurai1200
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May 06, 2013, 08:58:06 PM |
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LOL trading Bitcoin on margin sure gets that blood flowing.
Where? bitfinex What kind of leverage do they offer? I don't see it on their FAQ... |
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micalith
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May 06, 2013, 08:59:35 PM |
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Interesting choice... dumping just before the end of the longest bank holiday of the year.
For the Orient to buy cheap coins for breakfast? |
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Bitsinmyhead
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May 06, 2013, 09:00:09 PM |
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Trading on plus500, 4:1 leverage, its a pretty big Euro Forex broker, but not open to US customers unfortunately. See my signature for details.
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ChartBuddy
Legendary
 Online
Activity: 1946
Merit: 1642
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 06, 2013, 09:07:11 PM |
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Frozenlock
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May 06, 2013, 09:08:00 PM |
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"Retreat!" -Green leader
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samurai1200
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May 06, 2013, 09:08:05 PM |
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Unfortunately I'm in the US...
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Acidman
Newbie
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Activity: 24
Merit: 0
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May 06, 2013, 09:14:00 PM |
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I feel as though we're a little ahead of where we should be using the exponential growth model. We should be around $90 right now. However I also feel that the news from china will keep us above that for a little bit longer. But since bitcoins inception we have always made it back to the same exponential model over time so feel it is inevitable.
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