rpietila
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Activity: 1722
Merit: 1036
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April 30, 2013, 03:59:48 PM |
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Trying to accomplish? Nothing, people are selling...
Sorry I have a hard time trying to "predict" micro-movements, since they are completely uninteresting (except from the daytrading point of view which I do admit is the topic of the thread). Big boys run the casino. Don't buy high, sell low for some "momentum" considerations, since it is all painting of the tape and other tricks. Buy 100% into bitcoin. Then send 10% of your coins to an exchange of your choice, and always sell at the very highest point, trying to buy back lower. Only reasonable way to trade bitcoin (imho) is to short it. Going speculative long is waste of time. Be all in, and drop 10% when it is going too high (after 20-30% daily move this is pretty much the case, and if you are nimble, even 10% can be traded with grace and ease). *painting the tape = selling to yourself with high volume after you have moved the price to a direction of your choice, to convince the market that something has happened to warrant a new price. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Rampion
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Activity: 1148
Merit: 1018
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April 30, 2013, 04:26:33 PM |
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It seems to be going up or down.
I pay 2:1 that it is up.
I say 3:1 that is down. Coins on the order book are peaking, money is going away. Yeah, those are just weak indicators, but it seems obvious to me that all the influx of new money just stopped with the correction. We're in the real price discovery phase here, and we may go lower... Anyhow this price level (or even $50ish BTW) is very good after the severe correction we had on April, 10th. Anything above $100 is very bullish mid-term IMO - and BTC is looking more bullish than ever in the long term.  |
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trepper
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Activity: 89
Merit: 12
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April 30, 2013, 04:36:31 PM
Last edit: April 30, 2013, 05:04:12 PM by trepper |
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LOL keep telling yourself that when we are at $150+ by week's end. Oh and by the way...you should sell now and buy back in higher. Thanks   It might not be very useful for price prediction but, reading Smoothie signature, I think I've spotted a strong pattern. The set of those who ordered BFL ASIC miner is remarkably congruent with the set of those who endlessly and brainlessly claim that "BTC price will be 500$ next week". I wonder if this compliance for scam is just a coincidence or the sign of a deeper psychological deficiency... |
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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April 30, 2013, 04:40:46 PM |
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Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
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trepper
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Activity: 89
Merit: 12
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April 30, 2013, 04:41:36 PM |
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Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
Love your arguments  |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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April 30, 2013, 04:42:18 PM |
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Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
Love your arguments Facts =/= Arguments I love your fails |
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Frozenlock
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April 30, 2013, 04:45:33 PM |
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I have a theory... Smoothie is Proudhon's troll account.
This is how he lets some of his bullish pressure go.
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trepper
Member
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Activity: 89
Merit: 12
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April 30, 2013, 04:46:47 PM |
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Love your profile creation date: March 13th, 2013
So many noob "experts" on this forum lol
Love your arguments Facts =/= Arguments I love your fails O shit! I've been done  |
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tHash
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April 30, 2013, 04:52:07 PM |
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LOL keep telling yourself that when we are at $150+ by week's end. Oh and by the way...you should sell now and buy back in higher. Thanks I might not be very useful for price prediction but, reading Smoothie signature, I think I've spotted a strong pattern. The set of those who ordered BFL ASIC miner is remarkably congruent with the set of those who endlessly et brainlessly claim that "BTC price will be 500$ next week". I wonder if this compliance for scam is just a coincidence or the sign of a deeper psychological deficiency... I bought BFL ASICs when BTC was $6, figuring that it may double through the halving, and then with great luck be maybe $20 or $25 by now. I may be slightly upset if I had paid BTC, but at the time there was less risk in mining then holding, IMO. For me, above $100 is pure heaven, if I in fact ever receive my miners . . . Deficiency exists only in those who ridicule others. |
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Rampion
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Activity: 1148
Merit: 1018
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April 30, 2013, 04:54:28 PM |
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LOL keep telling yourself that when we are at $150+ by week's end. Oh and by the way...you should sell now and buy back in higher. Thanks I might not be very useful for price prediction but, reading Smoothie signature, I think I've spotted a strong pattern. The set of those who ordered BFL ASIC miner is remarkably congruent with the set of those who endlessly et brainlessly claim that "BTC price will be 500$ next week". I wonder if this compliance for scam is just a coincidence or the sign of a deeper psychological deficiency... I bought BFL ASICs when BTC was $6, figuring that it may double through the halving, and then with great luck be maybe $20 or $25 by now. I may be slightly upset if I had paid BTC, but at the time there was less risk in mining then holding, IMO. For me, above $100 is pure heaven, if I in fact ever receive my miners . . . Deficiency exists only in those who ridicule others. I bought BFL with BTC, so imagine my feeling. Anyway, is a bet I lost - it's only my fault. Who cares, I only gambled money I could afford to loose, now it's fiat value is x10, but still... It was just a quantity of BTC I was ok with gambling, and as I explained earlier I'm not concerned with the fiat exchange rate - that will crash and raise many times in the long run, and the long run is the only thing important for me. |
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AmazonStuff
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April 30, 2013, 05:04:43 PM |
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Currently we are below SMA 200
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Frozenlock
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April 30, 2013, 05:04:54 PM |
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$136 is tested again...
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Jaroslaw
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Activity: 84
Merit: 10
supernode
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April 30, 2013, 05:05:31 PM |
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I like whats happening now   |
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Frozenlock
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April 30, 2013, 05:05:58 PM |
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Currently we are below SMA 200
Indeed... Brace yourselves! Weeeeeeee! |
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trepper
Member
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Activity: 89
Merit: 12
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April 30, 2013, 05:11:06 PM |
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I like whats happening now Indeed. I can be wrong, but... Are you the same Jaroslaw who promised us a fall to 100$, two days ago? |
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DougTanner
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April 30, 2013, 05:11:30 PM |
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Has it been 2 hours already?  |
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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April 30, 2013, 05:14:52 PM |
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lol Jaroslaw was claiming we would be much lower than we were a few days ago. We are much higher than when he made his calls. He is praying for the price to go to single digits ROFL! |
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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April 30, 2013, 05:15:54 PM |
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yesterday's rally was just too weak, there was only one outcome after it. It doesn't mean it has to go down a lot though
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trepper
Member
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Activity: 89
Merit: 12
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April 30, 2013, 05:16:44 PM |
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lol Jaroslaw was claiming we would be much lower than we were a few days ago. We are much higher than when he made his calls. He is praying for the price to go to single digits ROFL! lol indeed. But Smoothie promised us 200$ for today, considering the facts, it's loler  |
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Jaroslaw
Member
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Activity: 84
Merit: 10
supernode
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April 30, 2013, 05:19:06 PM |
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We hit 100$ first than 200$  Probably this week |
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