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Davyd05
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April 11, 2014, 01:29:17 AM |
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ATH of 259.43 and low following the reversal is 45 which gave us 17% of the value of the ATH
ATH of 1163.0 and my estimated low following the reversal of 339.41 gives us 29% of the ATH
ATH 1163.0 and my estimated Holy shit the world gives 17% identical to the last bubble pop we hit 197.71
Just something to think of when people keep spewing dbl digits by so so date
will that support hold or do we test YTL like bosses |
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Davyd05
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April 11, 2014, 01:30:54 AM |
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if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you? |
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chessnut
Legendary
 Offline
Activity: 924
Merit: 1001
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April 11, 2014, 01:31:19 AM |
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so... stamp dumps and china dont really care.... I think that was 3 confirmations and an arbitrage play.
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theonewhowaskazu
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April 11, 2014, 01:32:47 AM |
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Hm I've decided Im waiting for $301.
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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April 11, 2014, 01:32:52 AM |
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if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you? maybe you misunderstood, the previous ATH was $266  and I don't gamble |
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pepo
Member
Offline
Activity: 86
Merit: 10
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April 11, 2014, 01:35:43 AM |
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if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you? maybe you misunderstood, the previous ATH was $266 and I don't gamble I gamble like a degenerate and i think that no one knows the price to come , if youre into bitcoin you like to gamble , as we all know we are making history. |
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Davyd05
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April 11, 2014, 01:35:53 AM |
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if we go below 300, I declare that we are breaking the previous ATH...
5k next dec cool with you? maybe you misunderstood, the previous ATH was $266 and I don't gamble you're still referencing gox eh?... and no I didn't mistunderstand anything, I think you misunderstand bitcoin markets. either way enjoy all those LTC you think are going to 100. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 11, 2014, 01:36:52 AM |
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I love those guys who told me to fuck off. What am I doing now? fucking off. I'm not buying. You pissed off one of the guys who could save you. (not really. I'd have to care)
Should I start buying yet?
Nah. I can wait.
Will I miss the bottom? Prolly. I have so much cash I don't have to care. Some trader smarter than me will catch it and "save" Bitcoin without even meaning to. The decentral bankers of Bitcoin: The bad ones pay the good ones and the good ones reduce volatility. Clearly we need more good ones and that's what I'm learning to be.
You could save me? Haha, well, fuck off again Mr. wanna be big dick with 20-30k $, I have more fiat waiting than you do  What a fucking deluded moron, sold at 450$ and he thinks he is some big motherfucker trader.. . LOL. Yer gonna need all that fiat to buy coins that I bought for less than $40. I will always have more coins than you. You know my day trading stash is a fraction of my holdings. Right? Don't take things so personally. Honey Badger Don't care. I'm a dumb-ass trader. But so are you. At least I know it. Actually, my average BTC cost is less than 2$. And I bought my first BTC at 140$. Not bad, isn't it And I'm not actually sure you have more coins than I do.. I'm taking it personal because you were disrespectful to my mum few weeks ago and since I can't make you eat your dirty tongue, insulting you here is unfortunately all I can. Dumbass. |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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April 11, 2014, 01:37:34 AM |
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if we go below 300, I declare that we are breaking the previous ATH...
Now that would be interesting. It would mark another first for me, would stick in my memory like the first spike I saw (up to 32) or the first crash I saw days after, or that time the blockchain forked, or... |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 11, 2014, 01:38:06 AM |
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Wow, that was some dump at Stamp I was starting to get worried my bid would not get hit. All set now... Capitulation? Nope. I can wait. |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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April 11, 2014, 01:38:24 AM |
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I think $339.8 was the bottom. Whats ya'lls thoughts?
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pungopete468
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April 11, 2014, 01:38:29 AM |
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The sentiment is different and the incentive to sell is greater now. I expect the price will drop well below $100. The problem being that old hands have spent money on luxuries, goods, services, etc...
This is a Bitcoin "bank run" and companies will follow the model inspired by JP Morgan and buy for 1/100th of the price pre-drop. That puts us at around $45/btc...
The idea is to recover your losses on the way up while multiplying your market share. This is full-blown panic mode. I don't think the bottom can hold until new money finds the market...
I never thought I would see the price this low but it's still too high to jump in because the panic hasn't stopped...
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David M
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April 11, 2014, 01:38:54 AM |
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Here is a approximate list of the bear markets Bitcoin has gone through..
32 -> 2 = 94% loss
266 -> 50 = 80% loss
1150 -> 350 = 70% loss
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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April 11, 2014, 01:40:01 AM |
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Just noticed that the liquidation price for my tiny lil' scapling position is 267 LOL.
would feel a LOT safer if that was 265.
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TeeBone
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April 11, 2014, 01:40:37 AM |
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if we go below 300, I declare that we are breaking the previous ATH...
I dont think so, but who knows. Im buying heavy 270-320, whatever happens. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 11, 2014, 01:40:42 AM |
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The sentiment is different and the incentive to sell is greater now. I expect the price will drop well below $100. The problem being that old hands have spent money on luxuries, goods, services, etc...
This is a Bitcoin "bank run" and companies will follow the model inspired by JP Morgan and buy for 1/100th of the price pre-drop. That puts us at around $45/btc...
The idea is to recover your losses on the way up while multiplying your market share. This is full-blown panic mode. I don't think the bottom can hold until new money finds the market...
I never thought I would see the price this low but it's still too high to jump in because the panic hasn't stopped...
Incentive to sell is in no way greater than it was earlier. The gains were much bigger for those holding coins pre 100$ than are now for those that bought on the run to 1200. I don't have idea where we will land but absolutely nothing is different except that Bitcoin is in much better position than it was in April-July 2013 when I had feared of it being banned completely by governments. |
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octaft
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April 11, 2014, 01:41:21 AM |
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Here is a approximate list of the bear markets Bitcoin has gone through..
32 -> 2 = 94% loss
266 -> 50 = 80% loss
1150 -> 350 = 70% loss
Jumping the gun there a little bit, aren't we? |
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Walsoraj
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April 11, 2014, 01:41:54 AM |
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Wouldn't be a crash without at least 3 bull traps on the way down.
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David M
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April 11, 2014, 01:42:47 AM |
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Here is a approximate list of the bear markets Bitcoin has gone through..
32 -> 2 = 94% loss
266 -> 50 = 80% loss
1150 -> 350 = 70% loss
Jumping the gun there a little bit, aren't we? It is not meant to be a bottom pick. Just some perspective.... |
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BitChick
Legendary
Offline
Activity: 1148
Merit: 1001
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April 11, 2014, 01:42:58 AM |
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Here is a approximate list of the bear markets Bitcoin has gone through..
32 -> 2 = 94% loss
266 -> 50 = 80% loss
1150 -> 350 = 70% loss
Jumping the gun there a little bit, aren't we? Seems about right. I guess the encouraging news is that the losses are getting smaller after each bubble. |
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