ajaxmoor
Legendary
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Activity: 1372
Merit: 1000
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January 27, 2015, 12:14:22 AM |
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Was a bit confused, fucked up some little trades, but glad the pump came at last.
Prepare for moon (which we were promised)
Well, Unfortunately, I came back after 3 months of vacation and I already lost half the value of my holdings. I feel worse. Hope the price comes back to where it was before. |
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ajaxmoor
Legendary
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Activity: 1372
Merit: 1000
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January 27, 2015, 12:15:32 AM |
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I can't help but question the mentality of people who are selling under $300. Essentially BTC just got an official approval from US. Kinda hard to claim that an asset is a ponzi or a pyramid when it's licensed, trading in NY, and backed by NY stock exchange  When the price was over 300, then a small dump happened, which wasfollowed by a panic dump to 270 . I think, that keeps people worried about then having holding the entire day without any worry. |
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inBitweTrust
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January 27, 2015, 12:17:27 AM |
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I can't help but question the mentality of people who are selling under $300. Essentially BTC just got an official approval from US. Kinda hard to claim that an asset is a ponzi or a pyramid when it's licensed, trading in NY, and backed by NY stock exchange Those people are either day traders who seek to profit on volatility regardless of price or trolls misrepresenting themselves. (throw in an occasional person desperate who lost their job , or has a nasty drug habit to feed as well) But yes, I agree with your premise.... I'll be surprised if I don't see 400-600 in a few months. |
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thresher
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January 27, 2015, 12:20:05 AM |
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I can't help but question the mentality of people who are selling under $300. Essentially BTC just got an official approval from US. Kinda hard to claim that an asset is a ponzi or a pyramid when it's licensed, trading in NY, and backed by NY stock exchange When in the past week a fat guy on twitter and then a countdown of a rocket to the moon managed to convince a bunch of people to buy btc, well it does make you think.........either way go to the moon it helps me out  |
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DaRude
Legendary
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Activity: 2833
Merit: 1851
In order to dump coins one must have coins
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January 27, 2015, 12:20:55 AM |
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I can't help but question the mentality of people who are selling under $300. Essentially BTC just got an official approval from US. Kinda hard to claim that an asset is a ponzi or a pyramid when it's licensed, trading in NY, and backed by NY stock exchange When the price was over 300, then a small dump happened, which wasfollowed by a panic dump to 270 . I think, that keeps people worried about then having holding the entire day without any worry. Only for daytraders trading on emotions who are less stable than a teenage girl with ADHD? Fundamentally this is huge and a good news. Refuse to believe that it's already correctly priced in at bellow $300. I think only china dumping can hold this back (which currently already has a ~$9 3% spread with finex) |
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Morecoin Freeman
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January 27, 2015, 12:21:07 AM |
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A lot of people are trying to get out after the pump. So I think there will be a lot of resistance on the way up.
I'm staying in USD for now.
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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January 27, 2015, 12:23:54 AM |
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Aaaaand four hours of low volume melt-up wiped out.
4 hours? It was at $260 4 hours ago. This dip barely touched $270. Feeling bearish today? Yes, for today. Tomorrow is another story. Understandable. I think we all knew there would be a profit-taking/retracement/beartrap/correction today after last night's shenanigans. It's just a matter of how far. I'll stick with my call from last night (and reaffirmed this morning) and say that if we finish over $260 I'll consider the day to be a success. Did you trade that pump dude? Well yeah, I bought up to $245 and sold the whole way up from $260 and went margin short when the news from CB turned out to be a big yawn. I still have a bunch of incoming coins from CB and Circle from when I went over my "instant buy" limit, so I have some wiggle room in both directions. I guess I also have a bunch of incoming fiat from selling the pump, but I'm starting to wonder if I'll have enough time to buy the dip with that damn four business day wait. EDIT: I closed my short with a much smaller profit than if I had covered near $260. I don't wanna sleep in a leveraged position even though I still think it's going lower. I got too greedy I guess. |
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Morecoin Freeman
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January 27, 2015, 12:25:47 AM |
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EDIT: I closed my short with a much smaller profit than if I had covered near $260. I don't wanna sleep in a leveraged position even though I still think it's going lower. I got too greedy I guess.
As long as you made money you are doing good. Profit is profit. |
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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January 27, 2015, 12:26:06 AM |
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
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coins101
Legendary
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Activity: 1456
Merit: 1000
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January 27, 2015, 12:26:28 AM |
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A lot of people are trying to get out after the pump. So I think there will be a lot of resistance on the way up.
I'm staying in USD for now.
There will be a raft of good news coming out of the USA as the VC investments of 2013/4 start coming online. I doubt staying in USD is the best strategy when the price will be trending up. PayPal have pretty much laid down the path of travel. They will be enabling Bitcoin globally. Actually, everyone apart from Apple will be offering non-credit card competition via Bitcoin in the coming year or two. The direction of travel is mostly going to be north, with the odd attempt to short for short term profits. |
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JimboToronto
Legendary
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Activity: 4046
Merit: 4603
You're never too old to think young.
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January 27, 2015, 12:26:42 AM |
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coins101
Legendary
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Activity: 1456
Merit: 1000
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January 27, 2015, 12:28:28 AM |
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
OMG! I knew it spooderman is going to post something profound shortly.
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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January 27, 2015, 12:29:29 AM |
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
OMG! I knew it spooderman is going to post something profound shortly.
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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January 27, 2015, 12:31:28 AM |
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Frightening!
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 27, 2015, 12:32:30 AM |
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
No shit, Sherlock |
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Morecoin Freeman
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January 27, 2015, 12:33:01 AM |
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Was a bit confused, fucked up some little trades, but glad the pump came at last.
Prepare for moon (which we were promised)
Do we get to see the moon? I see something different. |
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thresher
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January 27, 2015, 12:35:21 AM |
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Bull trap right now. I want to believe but after today......... save our money and wait for the next real pump |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 27, 2015, 12:36:32 AM |
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
Everyone expecting to go down so instead we're going up now. I hope my decision to go long at 268 was the right move. |
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Morecoin Freeman
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January 27, 2015, 12:37:23 AM |
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Think we will see 250's next because China is also contributing now.
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dreamspark
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January 27, 2015, 12:37:42 AM |
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I have come to the conclusion that a lot of people in here are not very good at guessing the future.
Everyone expecting to go down so instead we're going up now. I hope my decision to go long at 268 was the right move. If its leveraged I'd close it. If its just buying with fiat then meh, probably wont loose much even if it retests the previous low. |
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