JimboToronto
Legendary
 Offline
Activity: 4452
Merit: 5739
You're never too old to think young.
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November 27, 2016, 06:58:14 PM |
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all I see right now is a 6-months long cup and handle formation  Which meeaans...? Onward and upward. |
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uki
Legendary
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Activity: 1358
Merit: 1000
cryptojunk bag holder
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November 27, 2016, 08:13:21 PM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? |
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Temp_JayJuanGee
Newbie
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Activity: 28
Merit: 0
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November 27, 2016, 08:25:59 PM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? You are not "sole." There are plenty of trolls who hold the same view that BTC prices are going down.. These lovely troll people, bots predict "downwards", almost no matter what happens. Therefore, you have good company. |
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jbreher
Legendary
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Activity: 3080
Merit: 1689
lose: unfind ... loose: untight
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November 27, 2016, 10:19:04 PM |
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mp3 is a fraud on your ears
I never heard the notion articulated in this manner. However, in that mp3 encoding throws out content below some arbitrary threshold of 'psychoacoustically unimportant', it is quite literally true. |
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PoolMinor
Legendary
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Activity: 1845
Merit: 1348
XXXVII Fnord is toast without bread
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November 28, 2016, 12:22:43 AM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? I see what you see in addition to other indicators. The trick is to look at the indicators and not with your heart. For those looking for an upward price tend to only see things that support this ( I too want the price to go up, unfortunately "wanting it" does not make it happen). Below is the 3d chart from Bitfinex: Note the orange arrow with a Doji and the green arrow shows the confirmation. And the red circle denotes the "Crossover - As shown in the chart below, when the MACD (white line) falls below the signal line (orange line), it is a bearish signal, which indicates that it may be time to sell."  Now note the 1d chart Bitfinex: The green arrow noting the Doji and the orange arrow confirming. See also the red circle showing another MACD crossover indicating a bearish signal. Again, I am not a bear, I do wish for the price to continue upward. This is just my chart reading. Also not shown on these charts is the 1w RSI indicator showing still overbought. But please don't take my charting trend analysis as fact, research your own opinions. |
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peonminer
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November 28, 2016, 12:35:03 AM |
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Shorty mc short short time? Is that what you are trying to tell us??~~
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biggus dickus
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November 28, 2016, 03:19:30 AM
Last edit: November 28, 2016, 03:54:06 AM by biggus dickus |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? I think the price doubled because of the halving, and it's not going back down because the miners don't have as many coins to dump. There have been double tops without corrections, and cups without handles. Chart formations don't always work, unless somebody has coins to dump the price isn't going back down. |
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0xfff
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November 28, 2016, 11:29:02 AM |
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all I see right now is a 6-months long cup and handle formation How about double top with the lower second peak? Is this a sole "contrarian view", or are there more who expect a proper correction right now? I think the price doubled because of the halving, and it's not going back down because the miners don't have as many coins to dump. There have been double tops without corrections, and cups without handles. Chart formations don't always work, unless somebody has coins to dump the price isn't going back down. I hope so. I think these price increases are great for bitcoin. I hope it keeps going up and I keep making money!!!  |
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petahashminer
Legendary
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Activity: 1890
Merit: 1037
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November 28, 2016, 03:25:38 PM |
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lol i am waiting for 145th chinesee ban. |
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Vin
Legendary
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Activity: 1166
Merit: 1015
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November 28, 2016, 03:42:35 PM |
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lol i am waiting for 145th chinesee ban. I think, that we don´t have to wait too long |
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Karartma1
Legendary
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Activity: 2310
Merit: 1425
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November 28, 2016, 06:54:41 PM |
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Jurassic Union at its worst: such control freaks. Go on Bitcoin this old crumblin world does not understand you! Why is that everything new needs to resemble something old? why! |
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0rganic
Member
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Activity: 119
Merit: 10
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November 28, 2016, 07:07:07 PM |
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Jurassic Union at its worst: such control freaks. Go on Bitcoin this old crumblin world does not understand you! Why is that everything new needs to resemble something old? why! Buckle up and HODL, fiat is going bye bye, guess whats coming around again, or should I say incoming, did someone say asteroid? I'll leave this clue here.. https://www.youtube.com/watch?v=366DExfdQWM&list=PLi37OtAXz4M_kUx8oXSY2YjNo0dQYNVUI |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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November 28, 2016, 07:25:25 PM |
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I see what you see in addition to other indicators. The trick is to look at the indicators and not with your heart. For those looking for an upward price tend to only see things that support this ( I too want the price to go up, unfortunately "wanting it" does not make it happen).
Below is the 3d chart from Bitfinex: Note the orange arrow with a Doji and the green arrow shows the confirmation. And the red circle denotes the "Crossover - As shown in the chart below, when the MACD (white line) falls below the signal line (orange line), it is a bearish signal, which indicates that it may be time to sell."
Could be a fakeout, as we had this before the May/June rally. With the uncertainty surrounding Segwit, I wouldn't be sure on that, of course. |
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Fatman3001
Legendary
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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November 28, 2016, 07:27:52 PM |
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bitebits
Legendary
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Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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November 28, 2016, 07:37:32 PM |
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OK bitcoin, we all know you want to go down with at least 50$ to create some healthy panic around here. Let's do it!
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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November 28, 2016, 08:54:23 PM |
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Is there an English version?? |
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nanobtc
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November 28, 2016, 09:58:12 PM |
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cmacwiz
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November 28, 2016, 11:09:15 PM |
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This is it, time is up. rewards have been halved, hype is brewing. Bitcoin always going to be bummin' around, and paper $$$ only gets less useful by the day.
In 1 week we will be pushing 800
In 1 year we will be pushing 2400
In 10 years, global economic unity.
Liquid fucking bits
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rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
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November 28, 2016, 11:14:33 PM |
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This is it, time is up. rewards have been halved, hype is brewing. Bitcoin always going to be bummin' around, and paper $$$ only gets less useful by the day.
In 1 week we will be pushing 800
In 1 year we will be pushing 2400
In 10 years, global economic unity.
Liquid fucking bits
I like your optimism. |
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