windjc
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Activity: 2156
Merit: 1070
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December 29, 2013, 09:07:15 PM |
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Hows this? Well I think it is totally possible we are still just in the original uptrend. The downtrend has been broken, but the overall uptrend has not.
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Peter R
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Activity: 1162
Merit: 1007
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December 29, 2013, 09:07:25 PM |
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Yep, I'm hoping to calmly buy back the 10% I sold in the $500s but will likely panic buy in the $900s.
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rpietila
Donator
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Activity: 1722
Merit: 1036
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December 29, 2013, 09:08:35 PM |
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If this consolidation continues for another week until Jan. 6th, bears are going to be treading on REALLY thin ice, imo.
Depends on the timeframe. Personally I expect the final capitulation in Feb +/- 1 month, so one week does not matter much. Perhaps there should be a different thread for people who trade on daily, weekly and monthly timeframe. Or less slander. If March passes without hitting $400, then the chances of seeing it again are slim.
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windjc
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Activity: 2156
Merit: 1070
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December 29, 2013, 09:09:06 PM |
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Yep, I'm hoping to calmly buy back the 10% I sold in the $500s but will likely panic buy in the $900s.
The 900s will bring lots of panic.
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T.Stuart
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December 29, 2013, 09:09:17 PM |
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Yep, I'm hoping to calmly buy back the 10% I sold in the $500s but will likely panic buy in the $900s.
Just panic buy now
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windjc
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Activity: 2156
Merit: 1070
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December 29, 2013, 09:10:25 PM |
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If this consolidation continues for another week until Jan. 6th, bears are going to be treading on REALLY thin ice, imo.
Depends on the timeframe. Personally I expect the final capitulation in Feb +/- 1 month, so one week does not matter much. Perhaps there should be a different thread for people who trade on daily, weekly and monthly timeframe. Or less slander. If March passes without hitting $400, then the chances of seeing it again are slim. Well my premise is this one. A lot of new fiat will be hitting the exchanges in January. People want to get in NOW given what happened between Jan to Dec of 2013. Especially if the slow trend up continues.
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wachtwoord
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Activity: 2338
Merit: 1136
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December 29, 2013, 09:12:18 PM |
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If this consolidation continues for another week until Jan. 6th, bears are going to be treading on REALLY thin ice, imo.
Depends on the timeframe. Personally I expect the final capitulation in Feb +/- 1 month, so one week does not matter much. Perhaps there should be a different thread for people who trade on daily, weekly and monthly timeframe. Or less slander. If March passes without hitting $400, then the chances of seeing it again are slim. Well my premise is this one. A lot of new fiat will be hitting the exchanges in January. People want to get in NOW given what happened between Jan to Dec of 2013. Especially if the slow trend up continues. Jan+Feb are usually nice months
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Peter R
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Activity: 1162
Merit: 1007
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December 29, 2013, 09:13:31 PM |
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Yep, I'm hoping to calmly buy back the 10% I sold in the $500s but will likely panic buy in the $900s.
Just panic buy now But that wouldn't maximize my loss JJ. I'm thinking of giving up on this swing trading with 10% of my coins. I seem to be good at calling the bottoms but terrible at calling the tops. I may buy back in a few % and consider the rest an early SSS divestment if we keep going up.
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windjc
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Activity: 2156
Merit: 1070
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December 29, 2013, 09:14:43 PM |
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Yep, I'm hoping to calmly buy back the 10% I sold in the $500s but will likely panic buy in the $900s.
Just panic buy now But that wouldn't maximize my loss JJ. I'm thinking of giving up on this swing trading with 10% of my coins. I seem to be good at calling the bottoms but terrible at calling the tops. I may buy back in a few % and consider the rest an early SSS divestment if we keep going up. Consolidation sucks for day trading. A lot of casualties this last week.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 29, 2013, 09:14:58 PM |
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mtgox traders have lost there minds
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thefunkybits
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Activity: 1218
Merit: 1000
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December 29, 2013, 09:15:13 PM |
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Looking at the volume on a 6 month chart its very dismal, this may be the last good to chance to sell boys!
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T.Stuart
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December 29, 2013, 09:16:32 PM |
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Yep, I'm hoping to calmly buy back the 10% I sold in the $500s but will likely panic buy in the $900s.
Just panic buy now But that wouldn't maximize my loss JJ. I'm thinking of giving up on this swing trading with 10% of my coins. I seem to be good at calling the bottoms but terrible at calling the tops. I may buy back in a few % and consider the rest an early SSS divestment if we keep going up. Consolidation sucks for day trading. A lot of casualties this last week. No more day trading. Time to believe in Bitcoin.
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windjc
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Activity: 2156
Merit: 1070
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December 29, 2013, 09:17:59 PM |
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Looking at the volume on a 6 month chart its very dismal, this may be the last good to chance to buy boys!
FTFY
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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December 29, 2013, 09:18:27 PM |
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Looking at the volume on a 6 month chart its very dismal, this may be the last good to chance to sell boys!
too much fiat ?
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thefunkybits
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Activity: 1218
Merit: 1000
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December 29, 2013, 09:19:00 PM |
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Looking at the volume on a 6 month chart its very dismal, this may be the last good to chance to buy boys!
FTFY lol go for it, im not touching this rally
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farnsworth7
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Activity: 31
Merit: 0
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December 29, 2013, 09:20:53 PM |
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Perhaps there should be a different thread for people who trade on daily, weekly and monthly timeframe. Yes, very good idea !
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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December 29, 2013, 09:24:22 PM |
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Everyone knows my long term and mid term predictions, so it's time to reveal a short-term one: the market looks like it could crash imminently any time now.
are we still at now ? or were you just trying your luck ?
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windjc
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Activity: 2156
Merit: 1070
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December 29, 2013, 09:27:54 PM |
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Looking at the volume on a 6 month chart its very dismal, this may be the last good to chance to buy boys!
FTFY lol go for it, im not touching this rally Its low volume because of the holidays. The fact that the holidays- the time when fresh fiat is less likely to come into the market - has not seen us retest lows, is bullish. What are you going to do if in January we continue up but on higher volume? At what point do you concede? 900's?
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Parazyd
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December 29, 2013, 09:29:08 PM |
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New poll: "Price by 1st Jan 2014.?"
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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December 29, 2013, 09:29:49 PM |
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Everyone knows my long term and mid term predictions, so it's time to reveal a short-term one: the market looks like it could crash imminently any time now.
are we still at now ? or were you just trying your luck ? its about how you define "short-term" "now" defines it
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