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ardana123
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November 22, 2013, 11:49:50 PM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly. |
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macsga
Legendary
 Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 22, 2013, 11:52:55 PM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly. I'm always reading your posts... When you get bully I always sell. It's always the best thing to do... (no meaning to offend btw)  |
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bitcoinbible
Newbie
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Activity: 14
Merit: 0
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November 22, 2013, 11:53:13 PM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
/\yes we are as we got the green light yesterday! ~ look at my siggy!  FOREX-> CURRENCY PAIRS-> BTC/USD |
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TheKoziTwo
Legendary
Offline
Activity: 1552
Merit: 1047
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November 22, 2013, 11:54:31 PM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
It's almost like by wearing his avatar you have become frozenlock himself. Possessed by his sly smile and moving eyebrows he may lead you to place a short position at the very bottom. Careful now. |
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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November 22, 2013, 11:56:36 PM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly. I'm always reading your posts... When you get bully I always sell. It's always the best thing to do... (no meaning to offend btw) Don't get me wrong - I just sold a couple myself, it's a fucking yo yo, but the steps are up - buy back in the upper sevens aand then sit tight til the 900s...! |
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CryptStorm
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November 22, 2013, 11:58:02 PM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly. The thing is, $775 looked like a top. But, then (just now) we got an uptick, ARMS movement, and the (usually trailing) Directional is with us. I agree that the news is hard to factor in to the equation, but remember that monies that are trying to enter the system may well view under $1000 as a good buy point. Who knows? Also, remember how much you are believing that somehow $1000 is a magical number. Will you feel that way when the price is $1143 or $1375 or $2100? |
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jatajuta
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November 23, 2013, 12:01:07 AM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly. The thing is, $775 looked like a top. But, then (just now) we got an uptick, ARMS movement, and the (usually trailing) Directional is with us. I agree that the news is hard to factor in to the equation, but remember that monies that are trying to enter the system may well view under $1000 as a good buy point. Who knows? Also, remember how much you are believing that somehow $1000 is a magical number. Will you feel that way when the price is $1143 or $1375 or $2100? Same happened with 100 dollars, it busted that in a week after correcting from 70 dollars, a very similar movement from today by the way. |
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hlynur
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November 23, 2013, 12:01:37 AM |
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thanks, watching atm and waiting for the moment until keiser is going bananas...he's holding up good so far  i'll put it on documentary thread (link in my signature) ah, just 6min...a bit short for keiser to gain momentum |
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ChartBuddy
Legendary
Offline
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 23, 2013, 12:01:50 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 23, 2013, 12:02:11 AM |
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Comments are disabled for this video. 
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CryptStorm
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November 23, 2013, 12:02:45 AM |
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I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.
Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up. If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon. If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly. The thing is, $775 looked like a top. But, then (just now) we got an uptick, ARMS movement, and the (usually trailing) Directional is with us. I agree that the news is hard to factor in to the equation, but remember that monies that are trying to enter the system may well view under $1000 as a good buy point. Who knows? Also, remember how much you are believing that somehow $1000 is a magical number. Will you feel that way when the price is $1143 or $1375 or $2100? Same happened with 100 dollars, it busted that in a week after correcting from 70 dollars, a very similar movement from today by the way. Props to another Sierra Chart homieeeeeee! Boyeeeeee! |
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PantsParty
Newbie
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Activity: 19
Merit: 7
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November 23, 2013, 12:06:32 AM |
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Comments are disabled for this video. But they can't be traced... Burn all the Bitcoins! |
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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November 23, 2013, 12:07:54 AM |
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Stamp down...? Can't log in...  |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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November 23, 2013, 12:08:18 AM |
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Okay, Bitstamp is starting a lot to look like mtgox.
I can log in, but the site is slowed down a crawl.
I really wish there would be a viable alternative.
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ardana123
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November 23, 2013, 12:09:01 AM |
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The rise in price is not what is bothering me. What IS bothering me is that people seem to think the rise in price is a sign of it going mainstream. BUT IT'S NOT. It's just a hype brewing right now. Speculators wanting in on a quick profit.
The rise in price wouldn't bother me at all if the bitcoin economy/ecosphere/trading platforms/regulation were ready for it. BUT IT'S NOT. And when people realize this it's gonna come crashing down, only to rise again in the future, once all the stuff I mentioned above is in order and in place. Wel...Maybe this is the way it works.
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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November 23, 2013, 12:09:07 AM |
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wall street journal weekend investor just published, recommending to buy bitcoin as a small speculative position.
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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November 23, 2013, 12:10:46 AM
Last edit: January 07, 2019, 11:19:09 PM by kurious |
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The rise in price is not what is bothering me. What IS bothering me is that people seem to think the rise in price is a sign of it going mainstream. BUT IT'S NOT. It's just a hype brewing right now. Speculators wanting in on a quick profit.
The rise in price wouldn't bother me at all if the bitcoin economy/ecosphere/trading platforms/regulation were ready for it. BUT IT'S NOT. And when people realize this it's gonna come crashing down, only to rise again in the future, once all the stuff I mentioned above is in order and in place. Wel...Maybe this is the way it works.
I don't think anyone seriously thinks it is going mainstream yet - it's the fact it might be a lot bigger than it is. Sentiment, old chap - sentiment.... |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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November 23, 2013, 12:10:49 AM |
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The rise in price is not what is bothering me. What IS bothering me is that people seem to think the rise in price is a sign of it going mainstream. BUT IT'S NOT. It's just a hype brewing right now. Speculators wanting in on a quick profit.
The rise in price wouldn't bother me at all if the bitcoin economy/ecosphere/trading platforms/regulation were ready for it. BUT IT'S NOT. And when people realize this it's gonna come crashing down, only to rise again in the future, once all the stuff I mentioned above is in order and in place. Wel...Maybe this is the way it works.
thanks for posting. I miss bears. |
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hlynur
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November 23, 2013, 12:11:11 AM |
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so what's up with stamp...ddos again? site first lagging as shit, atm down for me. and no volume there at all, nobody has the balls to nibble that wall at 800. god as soon as i got my buyin complete i'll change to gox...much more stable. (and i don't care about goxbux anyway) edit: up again....aaand it's gone  |
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