aztecminer
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Activity: 1092
Merit: 1000
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July 07, 2015, 02:55:12 PM |
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Exciting week for BTC so far. Let's hit 280 today!
i would rather see 220 again. because we got plenty of time to go up, but we are running out of time to buy moar...... pretending like patching greece will somehow miraculously heal the failing 'interest to infinity' debt slavery system is delusional. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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July 07, 2015, 02:55:27 PM |
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Exciting week for BTC so far. Let's hit 280 today!
why? some chart ? Precisely. We don't need no stinkin' buyers or cash pouring in. Just some sweet, sweet CHARTS. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 07, 2015, 03:01:40 PM |
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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July 07, 2015, 03:18:49 PM |
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freebit13
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July 07, 2015, 03:20:43 PM |
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Banks in Greece won't open this week  I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try. |
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kaykawa
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July 07, 2015, 03:25:18 PM |
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market looks like dead cat bounce
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Elwar
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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July 07, 2015, 03:29:52 PM |
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Banks in Greece won't open this week I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try. The banks are kinda out of money... They defaulted on their payments to the Eurpean Central Bank. Greek banks are essentially finished. |
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Sitarow
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Activity: 1792
Merit: 1047
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July 07, 2015, 03:30:30 PM |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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July 07, 2015, 03:32:29 PM |
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Banks in Greece won't open this week I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try. The banks are kinda out of money... They defaulted on their payments to the Eurpean Central Bank. Greek banks are essentially finished. and then the "GCB" shall fill those empty vaults with drachma. |
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ejinte
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July 07, 2015, 03:34:23 PM |
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Banks in Greece won't open this week I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try. I don't think there will be an agreement. |
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freebit13
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July 07, 2015, 03:37:55 PM |
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Banks in Greece won't open this week I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try. The banks are kinda out of money... They defaulted on their payments to the Eurpean Central Bank. Greek banks are essentially finished. Yeah, that's kinda what I meant, the banks won't get any inflow of money from the EU until the Greeks give in so they will have to stay closed. They (the EU mob) are going to drag this out as long as possible to try and show the Greeks they need the banks to survive. |
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freebit13
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July 07, 2015, 03:40:26 PM |
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Banks in Greece won't open this week I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try. I don't think there will be an agreement. I'm not so sure, politicians will slime there way through this mess somehow... they've already gotten rid of the one man who was speaking any sense and the new guy looks like an amateur. Edit: also, apparently 16 of the other 18 countries in the EU are in favour of Greece leaving the EU, but are willing to negotiate on keeping them in the Euro currency... a little hint that they are keen to keep them as debt slaves. |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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July 07, 2015, 03:50:30 PM |
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Banks in Greece won't open this week I doubt they will until some sort of agreement is reached with the Euro... they will maximize pain until the Greeks give in... or at least they'll try. The banks are kinda out of money... They defaulted on their payments to the Eurpean Central Bank. Greek banks are essentially finished. and then the "GCB" shall fill those empty vaults with drachma. Except there is no drachma anymore, so it would basically be greek IOUs. If you thought bitcoin was unstable... |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4473
You're never too old to think young.
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July 07, 2015, 03:59:19 PM |
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Good morning Bitcoinland.
No surprises I see. As expected we're going sideways in the $260s after the brief surge over $270.
Hopefully last week's $250s are in the past, just like the $240s of the week before.
Will we have to wait until next week for the next leg up?
Also predictably, the trollbears and negative Nellies are acting like a $5 dip is a big deal after a $15 rise. Pathetic.
Yawn. Mmmm, coffee.
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 07, 2015, 04:01:44 PM |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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July 07, 2015, 04:18:08 PM |
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Exciting week for BTC so far. Let's hit 280 today!
why? some chart ? Precisely. We don't need no stinkin' buyers or cash pouring in. Just some sweet, sweet CHARTS. maybe a continent's economy going tits up just to tip the balance a little too. |
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wakasaki808
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July 07, 2015, 04:26:40 PM |
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we will hit 270 today, check btc-e
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nioc
Legendary
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Activity: 1624
Merit: 1008
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July 07, 2015, 04:33:12 PM |
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Exciting week for BTC so far. Let's hit 280 today!
why? some chart ? Sum bags  |
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bassclef
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July 07, 2015, 04:39:36 PM |
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Guys, just remember that a healthy pullback is necessary for the market to move up, because it draws out selling. This is why you see a corrective wave after every impulsive wave.
The corrective wave slants downwards because it pulls selling from:
a) longs who want to take profit
b) longs who get nervous and sell the bottom
b) shorts from eager bears
c) miners who wish to dump at this price level
d) whales who want to go to on vacation
It also provides cheap coins for bulls, and if they're still in control the market will move back up eventually. The longer the consolidation/correction, the higher the resulting move will be (generally) because all of the selling that would have been on the books is now gone and will not stand in the way of a price markup. Once the price gets a little push, all of the traders who have sold already will now have to buy back in, shorts will cover and the whales will simply move their walls aside. All of this will contribute to a sustained price advance.
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