Miz4r
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Activity: 1246
Merit: 1000
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May 28, 2013, 03:04:46 PM |
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Price is slowly creeping up again together with the fiat on the books, I feel a buying spree coming on soon...
lol Hey it's gonna happen sooner or later.  Oh well my fiat is on its way, hope the price stays down for a little while longer.  |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 28, 2013, 03:08:35 PM |
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good morning bitcoin this day to save a world from mysticism and tyranny, and usher in a future brighter then we can imagine; to victory!!!!!!! http://youtu.be/0lhpl8Ajxzk |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 28, 2013, 03:12:28 PM |
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icekiss
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Activity: 70
Merit: 10
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May 28, 2013, 03:15:43 PM
Last edit: May 28, 2013, 03:27:07 PM by icekiss |
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Nice to see I called it right to sell at 127 (bitstamp)  Now if I just knew how low it goes...  Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend. What it (obviously) can't tell me is when the trend will break. What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Edit: Wow, that was quite a buy! about 2k BTC upwards in one go, right through 128! |
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dexX7
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Activity: 1106
Merit: 1026
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May 28, 2013, 03:20:27 PM |
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Bullish as I am, I'd say the range between now and ~122 (50 % of 166-79, much support in the past) is good to buy, but on the other hand, the last direction was down and right now there is an undecidedness which is usually a trend confirmation, but far away from "always". Even more complicated is the fact, that the last big down move wasn't a trend, but more than less the action of one dump.
What do you think?
Edit: I can confirm, bitcoinity lost Bitstamp, but the API is working fine.
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San1ty
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May 28, 2013, 03:23:57 PM |
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Those 3 500 "Walls" just got bought... Don't make me say I told you so...
Rocket, Departing...
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Miz4r
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Activity: 1246
Merit: 1000
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May 28, 2013, 03:29:43 PM |
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Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend. What it (obviously) can't tell me is when the trend will break. To speak about a real downward trend $120 has to be broken first, so far even $125 holds itself pretty damn well. |
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icekiss
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Activity: 70
Merit: 10
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May 28, 2013, 03:30:59 PM |
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The movement is undecided, which means we are still in a downward trend. The 2k BTC buy is enough to make us go up in the short term (which means I rebought at 125[bitstamp]  ), but whether it will be enough to start a trend reversal? No idea what so ever... |
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ShroomsKit
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May 28, 2013, 03:34:00 PM |
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Nice to see I called it right to sell at 127 (bitstamp) Now if I just knew how low it goes... Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend. What it (obviously) can't tell me is when the trend will break. What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine Edit: Wow, that was quite a buy! about 2k BTC upwards in one go, right through 128! Wait, your TA didn't predict that?? |
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Coinseeker
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May 28, 2013, 03:34:46 PM |
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Those 3 500 "Walls" just got bought... Don't make me say I told you so...
Rocket, Departing...
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San1ty
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May 28, 2013, 03:37:15 PM |
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Rampion
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Activity: 1148
Merit: 1018
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May 28, 2013, 03:40:32 PM |
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Nice to see I called it right to sell at 127 (bitstamp) Now if I just knew how low it goes... Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend. What it (obviously) can't tell me is when the trend will break. What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine Edit: Wow, that was quite a buy! about 2k BTC upwards in one go, right through 128! Wait, your TA didn't predict that?? TA should have told him that the best point to sell was yesterday at $133, to then rebuy at $125ish, as per here (price was $133 at that point): Testing again $125 is expected (if I weren't all in ATM I would place a bid at $125.79 or similar), but I don't think we will break $125. If we don't break it, is bullish sign. If we break-it, is definitely short term bearish.
What the TA cannot tell you is: will we test again $125? I think yes, but impossible to know reading TA. We will break it? I think not, but it's 50/50 chance. Anyhow, as I love coins more than fiat, I wouldn't sell again the coins bought back at $125ish. |
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mco65
Newbie
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Activity: 48
Merit: 0
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May 28, 2013, 03:43:41 PM |
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Large volume purchases help in the LONG but not in the SHORT. I suspect we see sub 100 before we see 150. JMO!  |
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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May 28, 2013, 03:47:48 PM |
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The movement is undecided, which means we are still in a downward trend. The 2k BTC buy is enough to make us go up in the short term (which means I rebought at 125[bitstamp] ), but whether it will be enough to start a trend reversal? No idea what so ever... Well I don't see any trend at all, only that the upward trend has been put to a stop. One or a few people decided to dump a large amount of coins yesterday bringing us from $133-135 to $125-130 and we've been trading sideways within that range since then. We're back to where we were last Friday, and I'm not really sure where we go from here. Perhaps consolidation again for a couple of days. |
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Dalib
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Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
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May 28, 2013, 03:49:32 PM |
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Nice to see I called it right to sell at 127 (bitstamp) Now if I just knew how low it goes... Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend. What it (obviously) can't tell me is when the trend will break. What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine Edit: Wow, that was quite a buy! about 2k BTC upwards in one go, right through 128! Wait, your TA didn't predict that?? TA should have told him that the best point to sell was yesterday at $133, to then rebuy at $125ish, as per here (price was $133 at that point): Testing again $125 is expected (if I weren't all in ATM I would place a bid at $125.79 or similar), but I don't think we will break $125. If we don't break it, is bullish sign. If we break-it, is definitely short term bearish.
What the TA cannot tell you is: will we test again $125? I think yes, but impossible to know reading TA. We will break it? I think not, but it's 50/50 chance. Anyhow, as I love coins more than fiat, I wouldn't sell again the coins bought back at $125ish. +1 |
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IG0BR0KE
Newbie
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Activity: 56
Merit: 0
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May 28, 2013, 03:50:35 PM |
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Large volume purchases help in the LONG but not in the SHORT. I suspect we see sub 100 before we see 150. JMO! 52k to go under 100 and 42k to go on 150. it's tight but why not. |
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ChartBuddy
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Activity: 2366
Merit: 1820
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 28, 2013, 04:02:04 PM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 28, 2013, 04:34:21 PM |
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