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ChrisML
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April 02, 2014, 02:00:59 PM |
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So, these people have the IQ of a goldfish, right?
People like that should not be allowed to hold that much BTC's.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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magicmexican
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April 02, 2014, 02:01:43 PM |
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Not going below 2830-2840 would be super bullish, but in reality i think its going to 2750~ or so
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ChrisML
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April 02, 2014, 02:02:11 PM |
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The price wants to go up. Everytime there is a dump, it drops but tries to recover right away.
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seleme
Legendary
 Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 02, 2014, 02:02:53 PM |
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I can't bloody believe that I miss top two days in a row while sleeping  Lol I told ya, you missed the surprise confirmation of the official ban confirmation.  you did  I added alarm to wake me up if it goes over 500. Was thinking about 490 but decided to give 500 a chance. What a mistake, I could be 1200$ up and watch this in peace. |
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Mervyn_Pumpkinhead
Legendary
Offline
Activity: 876
Merit: 1000
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April 02, 2014, 02:03:08 PM |
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Well, good for you. Some decide to ride bear markets, and some decide to move their wealth from bear markets to bull markets. It's a little hard to understand on why the hell would anyone want to ride a bear market though, if he isn't so heavily involved, that it would be difficult to move out. You could just move your wealth to another investment, where profit is more probable. Makes sense right? But, I think that the cult issue comes to play here. That there are people who consider BTC more then making money. They actually believe that they are contributing to society by investing into bitcoin. It doesn't make sense to me, because bitcoin has even bigger wealth distribution issues then the monetary system run by global banking. But well, this is religion and religion shouldn't make much sense. Religion can mostly be classified by the dogmas that are supporting it. Religion shouldn't be argued over. If some people chose to live a certain fantasy, then it should be their freedom to do so  seriously, you are not very bright. holding fiat is a neutral position. and whats your point? could you stop the fallacies? I was talking about moving wealth to other markets that aren't bear markets and you understand that as holding fiat in a neutral position. And then you say that I'm not very bright.. Is this a joke? |
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Ivanhoe
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April 02, 2014, 02:05:07 PM |
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Not going below 2830-2840 would be super bullish, but in reality i think its going to 2750~ or so
Why this price range? It probably goes below it however. |
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magicmexican
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April 02, 2014, 02:08:15 PM |
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LTC taking a beating today because it dropped in ltc/btc earlier and now in usd too, even making a new low of 12.3 @btc-e
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boumalo
Legendary
Offline
Activity: 1904
Merit: 1018
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April 02, 2014, 02:12:53 PM |
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You will see the end of this bear market by these following indicators.
1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.
If you will get tired of seeing indicator 3, then it's time to buy, not before.
sounds good on paper, but in reality a guide how to miss all bottoms in the last 2+ years Exactly, you can make money without buying exactly at the bottom though |
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EuroTrash
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April 02, 2014, 02:15:47 PM |
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 1. This forum is almost dead. Makes me think of June 2013. 2. I just saw two major dumps down to 467 and now I see near-zero buying pressure to come back up. 3. http://blockchain.info/charts/n-transactions-excluding-popular is still dropping. 4. LTC is taking a beating because people are exiting the whole crypto scene. BTC is what they change their alts to, before heading for the fiat door. We aren't there yet. This shitstorm might be over soon but also might go 2011 all the way.
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igorr
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April 02, 2014, 02:19:30 PM |
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1. This forum is almost dead. Makes me think of June 2013. 2. I just saw two major dumps down to 467 and now I see near-zero buying pressure to come back up. 3. http://blockchain.info/charts/n-transactions-excluding-popular is still dropping. 4. LTC is taking a beating because people are exiting the whole crypto scene. BTC is what they change their alts to, before heading for the fiat door. We aren't there yet. This shitstorm might be over soon but also might go 2011 all the way. I wrote 3 months ago |
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Mervyn_Pumpkinhead
Legendary
Offline
Activity: 876
Merit: 1000
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April 02, 2014, 02:19:50 PM |
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You will see the end of this bear market by these following indicators.
1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.
If you will get tired of seeing indicator 3, then it's time to buy, not before.
sounds good on paper, but in reality a guide how to miss all bottoms in the last 2+ years Exactly, you can make money without buying exactly at the bottom though When you'll read the start of my post, then you'll discover that I was talking about the end of the bear market. If anyone gets his kicks from trading at bear markets, then it's their choice to make. I personally like to play at bull markets though  |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 02, 2014, 02:20:07 PM |
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As soon as I sell again what I can sell, I'm out of trading until we completely get rid off of China. If that means buying at 600$ - fine.
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Ivanhoe
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April 02, 2014, 02:21:19 PM |
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As soon as I sell again what I can sell, I'm out of trading until we completely get rid off of China. If that means buying at 600$ - fine.
What if we never get rid of china and bitcoin hits $1200? |
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EuroTrash
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April 02, 2014, 02:22:26 PM |
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As soon as I sell again what I can sell, I'm out of trading until we completely get rid off of China. If that means buying at 600$ - fine.
Well, despair is there, I see... (mine too) |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 02, 2014, 02:27:38 PM |
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As soon as I sell again what I can sell, I'm out of trading until we completely get rid off of China. If that means buying at 600$ - fine.
Well, despair is there, I see... (mine too) No, it's not despair in the way of "Bitcoin is dead", my fiat is not going anywhere and it's there to buy when this shit is over, I just don't want to trade waiting for China news to come each day/hour. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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April 02, 2014, 02:27:55 PM |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 02, 2014, 02:31:16 PM |
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Not hard thing to do when same "rumor" is going on for 4 months. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 02, 2014, 02:32:17 PM |
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Not hard thing to do when same "rumor" is going on for 4 months. and at one point the central bank of china says the rumors are false..... they lied... |
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maximum
Newbie
Offline
Activity: 44
Merit: 0
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April 02, 2014, 02:32:34 PM |
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when 15m stochastic hits top again, i'm selling.
tomorrow is dump day.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 02, 2014, 02:33:19 PM |
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Not hard thing to do when same "rumor" is going on for 4 months. and at one point the central bank of china says the rumors are false..... they lied... They're playing games with us I guess PBOC guys are shorting as mofos |
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