HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 11, 2018, 05:32:03 AM |
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The trend line remains intact on Bitstamp
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drwhobox
Full Member
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Activity: 756
Merit: 133
- hello doctor who box
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June 11, 2018, 06:19:06 AM |
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Three possible long term trendline supports: That's great for the long run. Still waiting for the Bitcoin halving 2 years to go until another Bitcoin to the moon memes lol still waiting for the future.
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Wekkel
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Activity: 3108
Merit: 1531
yes
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June 11, 2018, 06:25:58 AM Last edit: June 11, 2018, 08:31:20 AM by Wekkel |
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I also prefer a scenario of a blend between 2013 correction and some kind of truncated 2014 move. That would indicate a 6-9 month slow period with price lingering in this zone, perhaps also lower, and an ensuing rally into 2019. So far, it is not the worst correction ever
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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June 11, 2018, 06:29:38 AM |
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My retirement went from living on the beach in Tahiti with the price over $10k. Then living in Thailand under 10k. Now I'm on a ratty old bus on my way to Cambodia.
Not many countries cheaper than Cambodia. Please don't drop any further.
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mindrust
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Activity: 3388
Merit: 2508
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June 11, 2018, 06:51:23 AM |
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My retirement went from living on the beach in Tahiti with the price over $10k. Then living in Thailand under 10k. Now I'm on a ratty old bus on my way to Cambodia.
Not many countries cheaper than Cambodia. Please don't drop any further.
Stay strong and hodl brother. In a few years you'll be able retire in Beverly Hills. Just believe.
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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June 11, 2018, 07:38:25 AM |
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My retirement went from living on the beach in Tahiti with the price over $10k. Then living in Thailand under 10k. Now I'm on a ratty old bus on my way to Cambodia.
Not many countries cheaper than Cambodia. Please don't drop any further.
Stay strong and hodl brother. In a few years you'll be able retire in Beverly Hills. Just believe. I just consulted Tom's Hardware and 9/10 users with a GED or lower agree bitcoin will be the world reserve currency and worth $1 trillion each.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 11, 2018, 08:12:46 AM |
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El duderino_
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Activity: 2646
Merit: 12951
BTC + Crossfit, living life.
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June 11, 2018, 08:29:15 AM |
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My retirement went from living on the beach in Tahiti with the price over $10k. Then living in Thailand under 10k. Now I'm on a ratty old bus on my way to Cambodia.
Not many countries cheaper than Cambodia. Please don't drop any further.
where did you live between the price of 500-1000??
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dmwardjr
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Activity: 1302
Merit: 1318
Technical Analyst/Trader
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June 11, 2018, 08:30:18 AM |
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deleted by user.
I doubt anyone was asking for deletion..just some resizing. I really dont care as I view this from home on a 42inch screen. I have heard complaints about img size from phone users however..so I was just trying to pass along that your img's seemed large. All that I deleted then was me asking "how" to make the images smaller. I figured it out; thanks to you. Much appreciated.
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theymos
Administrator
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Activity: 5334
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June 11, 2018, 08:31:11 AM |
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I tend to be a perma-bear, but this most recent crash feels really artificial. We do seem to be tracking frightfully close to the accelerated 2014 model.
There really should be no reason for 2014 to recur, since the overall situation is so immensely different, but I also can't help but see parallels. I've always thought that the upward movement after the 2015 doldrums was driven to a significant extent by the 2016 halving, though, which wouldn't apply to a time-accelerated model. And in 2013-2015 the price dropped about 83% from its ATH, which would lead to a price of about $3200 in the current situation.
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vroom
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Activity: 1304
Merit: 1682
a Cray can run an endless loop in under 4 hours
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El duderino_
Legendary
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Activity: 2646
Merit: 12951
BTC + Crossfit, living life.
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so many saying to me "better put your arm up HAHAHA..... " nocoiners offcourse LOL
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vroom
Legendary
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Activity: 1304
Merit: 1682
a Cray can run an endless loop in under 4 hours
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June 11, 2018, 09:20:32 AM |
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so many saying to me "better put your arm up HAHAHA..... " nocoiners offcourse LOL they don't know what they are talking about, stupid nocoiners
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luckygenough56
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Activity: 1526
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June 11, 2018, 10:20:33 AM |
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best technical analysis i've ever seen
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TERA2
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Activity: 266
Merit: 222
Deb Rah Von Doom
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June 11, 2018, 10:24:11 AM |
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More upward charts all the way down. Lets go.
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HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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June 11, 2018, 10:32:17 AM |
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More upward charts all the way down. Lets go.
Yeah well I was waiting for a re-test of $1242 when we broke $2k. Don’t think I am going to get it.
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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June 11, 2018, 10:32:44 AM |
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I tend to be a perma-bear, but this most recent crash feels really artificial. We do seem to be tracking frightfully close to the accelerated 2014 model.
There really should be no reason for 2014 to recur, since the overall situation is so immensely different, but I also can't help but see parallels. I've always thought that the upward movement after the 2015 doldrums was driven to a significant extent by the 2016 halving, though, which wouldn't apply to a time-accelerated model. And in 2013-2015 the price dropped about 83% from its ATH, which would lead to a price of about $3200 in the current situation. Sir, when bus ticket? I feel the price was being artificially held up for 2 months on and off after the short squeeze, then one set of accumulation bots was turned off again - for now.
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Ludwig Von
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June 11, 2018, 10:33:20 AM Merited by JayJuanGee (1) |
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I tend to be a perma-bear, but this most recent crash feels really artificial. We do seem to be tracking frightfully close to the accelerated 2014 model.
There really should be no reason for 2014 to recur, since the overall situation is so immensely different, but I also can't help but see parallels. I've always thought that the upward movement after the 2015 doldrums was driven to a significant extent by the 2016 halving, though, which wouldn't apply to a time-accelerated model. And in 2013-2015 the price dropped about 83% from its ATH, which would lead to a price of about $3200 in the current situation. It is artificial. No doubt about that. And indeed it may look similar to previous episodes, but there is no causal resemblance. My idea is that the financial world has been frightened by what happened last year and knowing their kingdom is floating on bubbles out of thin air have decided to not let that happen again. They want to prevent people moving their savings out. Not that I think they will succeed, but it will cause some more pain for sure.
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Torque
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June 11, 2018, 10:36:30 AM |
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For the deep pockets who want to take a big long position, the tree has been shook.
It'll be shook again, possibly several times, before we move up again.
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Last of the V8s
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Activity: 1652
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Be a bank
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June 11, 2018, 10:47:24 AM |
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More upward charts all the way down. Lets go.
Hopium-induced bear song. ~ For the deep pockets who want to take a big long position, the tree has been shook.
It'll be shook again, possibly several times, before we move up again.
"several" doesn't sound too bad. I agree, soon enough they will want to let it shoot up again to take some profits.
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