ChartBuddy
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January 04, 2015, 06:00:13 AM |
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shmadz
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@theshmadz
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January 04, 2015, 06:03:34 AM |
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I've often said that I want the price as low as possible for as long as possible, but I'm starting to feel like this is low enough.
The sentiment that I get from potential adopters is that they are frustrated that they didn't get in early, and thus they have a negative feeling towards bitcoin and they just want to see it fail.
I'm hoping that this 285-275 level will hold steady for a couple weeks and then a gradual creep up. Back to 350 by Feb, maybe 400 by April?
I guess it doesn't really matter where the floor is, as long as we determine some kind of floor, some bottom price to give new participants some kind of relative confidence that there is at least some kind of support and if they decide this is not for them, at least they should have the feeling that if they balk and want to get out, that there is enough liquidity available for then to cut their loose without getting completely raped.
Current range is good enough for me, and I hope, good enough for any potential new clients.
IMO It's a nice entry point and at least at this level I would feel confident in recommending bitcoin to people after first explaining that there is still the downside risk, but the upside might be so much higher...
Only time will tell, best of luck wall observers, and good night.
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BrewCrewFan
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January 04, 2015, 06:17:14 AM |
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I've often said that I want the price as low as possible for as long as possible, but I'm starting to feel like this is low enough.
The sentiment that I get from potential adopters is that they are frustrated that they didn't get in early, and thus they have a negative feeling towards bitcoin and they just want to see it fail.
I'm hoping that this 285-275 level will hold steady for a couple weeks and then a gradual creep up. Back to 350 by Feb, maybe 400 by April?
I guess it doesn't really matter where the floor is, as long as we determine some kind of floor, some bottom price to give new participants some kind of relative confidence that there is at least some kind of support and if they decide this is not for them, at least they should have the feeling that if they balk and want to get out, that there is enough liquidity available for then to cut their loose without getting completely raped.
Current range is good enough for me, and I hope, good enough for any potential new clients.
IMO It's a nice entry point and at least at this level I would feel confident in recommending bitcoin to people after first explaining that there is still the downside risk, but the upside might be so much higher...
Only time will tell, best of luck wall observers, and good night.
I think you hit it on the head when you said most that want to see it fail or just hate BTC and want it to crash down are those that are pissed off they did not buy in at pennies on the dollar. |
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ChartBuddy
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January 04, 2015, 07:00:12 AM |
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ChartBuddy
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Activity: 2352
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January 04, 2015, 08:00:13 AM |
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spooderman
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January 04, 2015, 08:39:02 AM |
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new trend? Bull market confirmed! |
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Elwar
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Viva Ut Vivas
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January 04, 2015, 08:48:20 AM |
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new trend? Bull market confirmed! Red rocket red rocket red rocket! |
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WeltMaster
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January 04, 2015, 08:49:12 AM |
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Now begins the short squeeze  |
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ChartBuddy
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January 04, 2015, 09:00:13 AM |
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YourMother
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January 04, 2015, 09:00:23 AM |
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 Cheap coins, MOTHERFUCKERS! BYU&HODL LLC |
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medialab101
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January 04, 2015, 09:24:16 AM |
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Cheap coins, MOTHERFUCKERS! BYU&HODL LLC Best... gif.... evaaaaa.... |
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inca
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January 04, 2015, 09:28:58 AM |
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Shorts back up to 18900
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findftp
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Delusional crypto obsessionist
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January 04, 2015, 09:30:25 AM |
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is it better to buy back now?
Wait for the big spike to confirm this bottom is the FINAL bottom before the BIG rally. I will PM you once we arrive there. You are 100% spot on. First one on this thread in a long time who says the truth. |
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LOBSTER
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January 04, 2015, 09:55:21 AM |
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The run has started. But I think it's just a Bull Trap! Pay attention! |
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ChartBuddy
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January 04, 2015, 10:00:12 AM |
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podyx
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January 04, 2015, 10:02:53 AM
Last edit: January 04, 2015, 10:22:09 AM by podyx |
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To be honest, this price point seems like a point where people will start to panic buy when/if we go up.
I think people will more cautious at a rally if we were to go down to $250 or somethin
Anyone else share this feeling?
A fast flash crash to $250 wouldn't be out of reach tho
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stereotype
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January 04, 2015, 10:06:24 AM |
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CCMF PPMF PooPooMutherFuckers |
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LOBSTER
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January 04, 2015, 10:06:58 AM |
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To be honest, this price point seems like a point where people will start to panic buy when/if we go up.
I think people will more cautious at a minirally if we were to go down to $250 or somethin
Anyone else share this feeling?
Yes, I'm sharing this feeling too...the panic buyers are the minions of the bears. |
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spooderman
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January 04, 2015, 10:22:29 AM |
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Bears get months of low prices to buy back in. Us bulls get seconds to sell at the tops of this market  |
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cbeast
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Let's talk governance, lipstick, and pigs.
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January 04, 2015, 10:25:03 AM |
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Bears get months of low prices to buy back in. Us bulls get seconds to sell at the tops of this market Oh is that how you do it? It's a lot easier if you do it the other way around, but you don't make any money.  |
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Poll
