BitChick
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Merit: 1001
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January 01, 2014, 02:28:40 AM |
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gentlemen, increase your longs, you will not regret. it's plain to see.
the clock has flipped the year and we're instantly seeing heavy buying pressure. why? well-funded startups/investors/gamblers acting "on plan" are going into "btc-acquisition-phase". they have bots and/or trading staff. look at the buying-pattern on stamp. big money wants in. let's welcome the new money! And I thought people would be selling off some coin the first of the year. This is why I hold. It seems I am always wrong trying to guess what people will do!
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Drabla
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Pecunia non olet
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January 01, 2014, 02:29:03 AM |
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Luxemburgish Bitcoin Platform starting this month: http://www.nexunity.com/
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thefunkybits
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Activity: 1218
Merit: 1000
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January 01, 2014, 02:29:22 AM |
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gentlemen, increase your longs, you will not regret. it's plain to see.
the clock has flipped the year and we're instantly seeing heavy buying pressure. why? well-funded startups/investors/gamblers acting "on plan" are going into "btc-acquisition-phase". they have bots and/or trading staff. look at the buying-pattern on stamp. big money wants in. let's welcome the new money! dat volume tho still not convinced. Once everyone gets over the whole "new year omg" thing there should be another significant dip
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molecular
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Activity: 2772
Merit: 1019
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January 01, 2014, 02:29:31 AM |
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guys, I don't know why you're not posting, but this is a meaningful indication of big shit to come... adjust your positions to "bullish" for the sake of your stash.
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TERA
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January 01, 2014, 02:31:36 AM |
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Really - you guys deduced all this because the price went up? Can you point out on the charts exactly what indicators show that "big money wants in"? I see today that stamp has 9276 volume.
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molecular
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January 01, 2014, 02:31:43 AM |
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Once everyone gets over the whole "new year omg" thing there should be another significant dip
allright, let's have a more meaningful exchange of thoughts... why do you think there might be a dip and into which timeframe do you suppose it could fall in?
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Erdogan
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January 01, 2014, 02:32:27 AM |
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It's official. It's 2014 in Greece and I AM DRUNK! Happy new Year! I'm in the same timezone Cheers! P.S.: Have fun with the EU-Presidency for the next 6 months (German Spiegel headline: "Of all nations Greece now has the EU presidency" - an idiotic bash article...) EU has the worst politicians EVER. All the wrong people to all the wrong places. No arguments, just random movements here and there to save their precious "unification". Where's Valéry Giscard d'Estaing, Helmut Kohl, Konstantinos Karamanlis... those were politicians with balls. What we have here is their cheap imitations. Employees of big corporations, that play it "Leaders" in their monopoly games. I just hope it falls apart in pieces. If it's not bitcoin; let it be something else, I really don't give a rat's ass' shit. I just want better people governing. Not those clowns. Maybe it's because I'm drunk, but I surely won't take back even a piece of what I've wrote. Good night people. Happy new year. Cya tomorrow, hopefully with not to much hangover. We have Merkel. No balls I'm quite sure...a transvestite in miniskirt..thats balls.
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thefunkybits
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January 01, 2014, 02:40:51 AM |
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Once everyone gets over the whole "new year omg" thing there should be another significant dip
allright, let's have a more meaningful exchange of thoughts... why do you think there might be a dip and into which timeframe do you suppose it could fall in? Every exchange is sitting at daily volumes of less than 10K and we are very overbought with the low volume. The fundamentals are strong and I'm a long term bull but this rally has no legs, simple as that. Im expecting us to go sideways for perhaps another 2 weeks and then have a fall but nobody knows! Check out the chart below. Stochastics are telling us we are in very overbought territory and price volume oscillator is showing a huge divergence in price and volume. Looking historically at that indicator (and especially the combination of the two) one can only make an educated guess as to what happens next. Sure it is a risk to be holding cash right now, but I see it as a bigger risk to buy into this weak rally
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molecular
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January 01, 2014, 02:44:13 AM |
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Really - you guys deduced all this because the price went up? Can you point out on the charts exactly what indicators show that "big money wants in"? I see today that stamp has 9276 volume.
aaaah, it's refreshing to see I'm pulling the bears in... let's talk... my basic assumption is that price has been suppressed by tax-regulation-induced action and other operation scheduling considerations that adhere to quarterly or yearly schedules somehow. We're transitioning into a new year. Operating rules change and we see the more informed implementations act already (smart bots/humans bought on year change). I'm hoping there will be much more mass (in terms of buying pressure) coming into force during the next couple of days / weeks when the flesh-based actors (who control way more funds than their virtual pendants) act. Disclaimer: of course, while I'm posting bull-talk, I might be selling into the termporary strength, so be advised not to act on my post.
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windjc
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January 01, 2014, 02:44:44 AM |
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Once everyone gets over the whole "new year omg" thing there should be another significant dip
allright, let's have a more meaningful exchange of thoughts... why do you think there might be a dip and into which timeframe do you suppose it could fall in? Every exchange is sitting at daily volumes of less than 10K and we are very overbought with the low volume. The fundamentals are strong and I'm a long term bull but this rally has no legs, simple as that. Im expecting us to go sideways for perhaps another 2 weeks and then have a fall but nobody knows! Check out the chart below. Stochastics are telling us we are in very overbought territory and price volume oscillator is showing a huge divergence in price and volume. Looking historically at that indicator (and especially the combination of the two) one can only make an educated guess as to what happens next. Sure it is a risk to be holding cash right now, but I see it as a bigger risk to buy into this weak rally Holiday charts should be thrown in the trash. This is all about whether fresh fiat arrives in January and how much of it. If fiat arrives the markets will go up whether your charts say its likely or not.
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dgarcia
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January 01, 2014, 02:45:58 AM |
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Once everyone gets over the whole "new year omg" thing there should be another significant dip
allright, let's have a more meaningful exchange of thoughts... why do you think there might be a dip and into which timeframe do you suppose it could fall in? Every exchange is sitting at daily volumes of less than 10K and we are very overbought with the low volume. The fundamentals are strong and I'm a long term bull but this rally has no legs, simple as that. Im expecting us to go sideways for perhaps another 2 weeks and then have a fall but nobody knows! Check out the chart below. Stochastics are telling us we are in very overbought territory and price volume oscillator is showing a huge divergence in price and volume. Looking historically at that indicator (and especially the combination of the two) one can only guess as to what happens next. Yes it is a risk to be holding cash right now, but I see it as a bigger risk to buy into this weak rally All this i have seen, too. And I was holding 100% Fiat. The StochRSI and other Indicators were/are horrible and a big dump was very likely. But now, I think we have a total new Situation. Likely all dumps will be caught up and volume will rise soon.
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thefunkybits
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January 01, 2014, 02:48:11 AM |
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Holiday charts should be thrown in the trash. This is all about whether fresh fiat arrives in January and how much of it. If fiat arrives the markets will go up whether your charts say its likely or not.
These "Holiday Charts" have been spot-on in the past, so i see no problem in posting TA to add to the discussion. Smart money and "fresh cash" doesnt buy into weak rallies either, they wait for capitulation. 600 on gox is coming
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TERA
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January 01, 2014, 02:48:56 AM |
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Price being held up by strings on low volume, using positive PR, just like in May. I told you there would be one more surge towards 900.
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molecular
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January 01, 2014, 02:51:01 AM |
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Once everyone gets over the whole "new year omg" thing there should be another significant dip
allright, let's have a more meaningful exchange of thoughts... why do you think there might be a dip and into which timeframe do you suppose it could fall in? Every exchange is sitting at daily volumes of less than 10K and we are very overbought with the low volume. The fundamentals are strong and I'm a long term bull but this rally has no legs, simple as that. Im expecting us to go sideways for perhaps another 2 weeks and then have a fall but nobody knows! Check out the chart below. Stochastics are telling us we are in very overbought territory and price volume oscillator is showing a huge divergence in price and volume. Looking historically at that indicator (and especially the combination of the two) one can only make an educated guess as to what happens next. Sure it is a risk to be holding cash right now, but I see it as a bigger risk to buy into this weak rally I don't put much trust into the indicators you reference personally. I think your analysis is good and valid, but I don't think it applies to the situation, mainly because I think your (and that of many) interpretation of trading volume figures is biased: I don't think volume is low. It's relatively low compared to recent times, yes,... but recent times have been extraordinarily volatile and eventful. I think volume is good and trend is up.
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windjc
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January 01, 2014, 02:51:28 AM |
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Holiday charts should be thrown in the trash. This is all about whether fresh fiat arrives in January and how much of it. If fiat arrives the markets will go up whether your charts say its likely or not.
These "Holiday Charts" have been spot-on in the past, so i see no problem in posting TA to add to the discussion. Smart money and "fresh cash" doesnt buy into weak rallies either, they wait for capitulation. 600 on gox is coming If you think the fiat situation today is like in the past you are in for a surprise. Things have changed. This is when the "old dog" may not learn the "new trick." Re: "smart money" buying dips? No they don't. Funds like Second Market and Fortress Fund buy when they have the money to buy.
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TERA
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January 01, 2014, 02:55:27 AM |
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I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain. Not buy positive PR and hope some weak rally crawls on 1% at a time.
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windjc
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January 01, 2014, 02:56:30 AM |
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I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain. Not buy positive PR and hope some weak rally crawls on 1% at a time.
You realize dont you that this entire rally started a week after Second Market started buying? You can call that a coincidence. I don't.
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TERA
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January 01, 2014, 03:02:08 AM |
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I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain. Not buy positive PR and hope some weak rally crawls on 1% at a time.
You realize dont you that this entire rally started a week after Second Market started buying? You can call that a coincidence. I don't. 66 was a great buying point considering gigantic support had been established at 50-55.
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ChartBuddy
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Online
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 01, 2014, 03:02:26 AM |
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