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dreamspark
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August 08, 2015, 11:26:24 PM |
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Down to 261 haha. Ridiculously thin orderbooks. Time to go cautiously long.
Now wil you admit it was a good call  Who said there isn't ta for this ? We're headed straight for weekly support levels after failing to break 300 AGAIN and breaking the intraday support which was at mid $270's |
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Alley
Legendary
 Offline
Activity: 910
Merit: 1000
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August 08, 2015, 11:28:29 PM |
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Will we go sideways for 3 months at 240 then try for 300 again?
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coinableS
Legendary
Offline
Activity: 1470
Merit: 1191
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August 08, 2015, 11:30:12 PM |
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Down to 261 haha. Ridiculously thin orderbooks. Time to go cautiously long.
Now wil you admit it was a good call Who said there isn't ta for this ? We're headed straight for weekly support levels after failing to break 300 AGAIN and breaking the intraday support which was at mid $270's 270 was the previous support, with that broken who knows how low we'll drop. Will that 1,600 wall on finex hold? Are we headed for the low $250's?  |
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itod
Legendary
Offline
Activity: 1988
Merit: 1079
Honey badger just does not care
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August 08, 2015, 11:31:40 PM |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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August 08, 2015, 11:35:01 PM |
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Down to 261 haha. Ridiculously thin orderbooks. Time to go cautiously long.
Now wil you admit it was a good call Who said there isn't ta for this ? We're headed straight for weekly support levels after failing to break 300 AGAIN and breaking the intraday support which was at mid $270's almost as clumsy manipulation today as interventions in the gold market used to be |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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August 08, 2015, 11:36:09 PM |
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Down to 261 haha. Ridiculously thin orderbooks. Time to go cautiously long.
I've never seen a one minute chart go flat like that on heavy volume and then reverse. No, this will end with a big panic dump somewhere below. or float up and retest the $260 lows several times before finally reversing. |
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abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
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August 08, 2015, 11:36:22 PM |
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is crypto done??   |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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August 08, 2015, 11:38:54 PM |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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August 08, 2015, 11:40:20 PM |
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Can I call this a bear trap to shake weak hands ?
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ImI
Legendary
Offline
Activity: 1946
Merit: 1019
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August 08, 2015, 11:42:18 PM |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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August 08, 2015, 11:42:51 PM |
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Down to 261 haha. Ridiculously thin orderbooks. Time to go cautiously long.
I've never seen a one minute chart go flat like that on heavy volume and then reverse. No, this will end with a big panic dump somewhere below. or float up and retest the $260 lows several times before finally reversing. I was thinking about how odd that flatness was myself. |
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Ezmoneyezlife
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August 08, 2015, 11:45:57 PM |
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Down to 261 haha. Ridiculously thin orderbooks. Time to go cautiously long.
I've never seen a one minute chart go flat like that on heavy volume and then reverse. No, this will end with a big panic dump somewhere below. or float up and retest the $260 lows several times before finally reversing. For now its just a typical retrace to 61.8 fib lvl which is around 256$ + 200 MA support is around there aswell. What did you expect guys? Price should've stopped at ~270$ instead of jumping to 315$ due to chinese willy bot. If ~255% level holds till end of month than its gonna be a bottom cos stock markets collapse is coming really soon. |
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dreamspark
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August 08, 2015, 11:48:19 PM |
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Wanna know my conspiracy theory? Those ETH guys sure have got some big salaries to pay themselves. Hype the coin, dump on Joe Public, dump btc, profit? coincidence?
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Ezmoneyezlife
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August 08, 2015, 11:49:10 PM |
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Can I call this a bear trap to shake weak hands ?
It's a manipulated push down to burn some longs. Not sure if a bear trap, but not healthy at all. Wouldn't mind if we would go down 7% in a weak, but in less than 24h... Longs are still at >30kk$, so it looks like the classic retrace to reset indicators after the hype mini bubble. If there is no really bad news i would expect bottom around 255$. But if there are some bad news then it looks really ugly cos it might be an impulse to retest 210$ atleast.  |
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PoolMinor
Legendary
Offline
Activity: 1845
Merit: 1348
XXXVII Fnord is toast without bread
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August 08, 2015, 11:49:59 PM |
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08/08/2015 = 10/01/2013
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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August 08, 2015, 11:52:31 PM |
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Can I call this a bear trap to shake weak hands ?
It's a manipulated push down to burn some longs. Not sure if a bear trap, but not healthy at all. Wouldn't mind if we would go down 7% in a weak, but in less than 24h... I've a maze question came in mind, gotmilk. Price manipulation will end when the market cap is huge, but no money will enter the bitcoin system if we are kept at these ridicules price levels. So, how to get out of this maze in a right and healthy way ? I just saw an idea on reddit where a redditer was telling investors like the wiklevoss twins to invest by buying bitcoins directly instead of investing in start-ups Start-ups will get us money, I agree. But with the current situation, everything sucks tbh. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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August 08, 2015, 11:56:13 PM |
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I think it would be hilarious if the ONE coin I bought at $260.7 was what stopped the crash. Somehow, I strongly doubt it. That's why I have plenty of bids in the $250s and lower.
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dreamspark
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August 08, 2015, 11:58:01 PM |
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No matter how much money anyones lost today just be glad you are not the guy who had 21k contracts or 8k btc margin called on weekly futures  |
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ChartBuddy
Legendary
 Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 09, 2015, 12:01:54 AM |
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Poll
