sidhujag
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Activity: 2044
Merit: 1005
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May 23, 2014, 04:51:41 PM |
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Fibonacci say..
Don't panic.
507 1st retracement 494 50% retracement 481 2nd retracement. I would be inclined to buy back at 1st retracement this time (if I was selling which I wasn't). If 481 is breached, then the breakout is questionable. 23.6% is good but i prefer 76% u will always find a better entry if u have patience.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 23, 2014, 04:53:16 PM |
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start panicking
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av123
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Activity: 98
Merit: 10
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May 23, 2014, 04:53:50 PM |
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Breakout needs volume, or its not a breakout.
Some of the buying is likely off the exchanges.
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rpietila
Donator
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Activity: 1722
Merit: 1036
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May 23, 2014, 04:54:09 PM |
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Breakout needs volume, or its not a breakout.
Because the exchange situation is particularly precarious, perhaps the volume is not in the exchanges. Also, the downtrend was unusually long, so the sellers were thoroughly exhausted as a result. In the beginning of the breakout, the advancing armies of the buyers meet no resistance, but the breakout is nevertheless real for the reason that ground is taken (although no hostages).
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NewLiberty
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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May 23, 2014, 04:56:18 PM |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 23, 2014, 05:00:00 PM |
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coins don't grow on trees, money does!
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ChartBuddy
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Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 23, 2014, 05:00:38 PM |
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kehtolo
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May 23, 2014, 05:01:42 PM |
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dogecoin
That image will be used for generations to teach what a pump and dump looks like... Why wouldn't you start your own scamcoin? It's the ultimate 'get rich quick' if it succeeds for the short time needed.
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NewLiberty
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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May 23, 2014, 05:05:26 PM |
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Breakout needs volume, or its not a breakout.
Because the exchange situation is particularly precarious, perhaps the volume is not in the exchanges. Also, the downtrend was unusually long, so the sellers were thoroughly exhausted as a result. In the beginning of the breakout, the advancing armies of the buyers meet no resistance, but the breakout is nevertheless real for the reason that ground is taken (although no hostages). No Hostages! ROFL. (well admittedly I was already reclining so it wasn't really on the floor, but a great laugh anyhow.)
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Argwai96
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Activity: 1036
Merit: 1000
Thug for life!
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May 23, 2014, 05:11:05 PM |
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Well I sure hope we get some real accredited exchanges that people can trust sooner than later. Trying to know market sentiment if the action is off exchanges is kind of difficult...
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hdbuck
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Activity: 1260
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May 23, 2014, 05:14:18 PM |
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mehh. welcome bigbrother!
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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May 23, 2014, 05:20:26 PM |
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every bitcoin is 100% coin and 100% bit, that's 100% more than regular coins!
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Bronstad
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May 23, 2014, 05:22:12 PM |
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every bitcoin is 100% coin and 100% bit, that's 100% more than regular coins!
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LET'S GO!
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podyx
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Activity: 2338
Merit: 1035
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May 23, 2014, 05:23:10 PM |
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mehh. welcome bigbrother! The man strikes again
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_javi_
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May 23, 2014, 05:25:23 PM |
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dogecoin
That image will be used for generations to teach what a pump and dump looks like... Why wouldn't you start your own scamcoin? It's the ultimate 'get rich quick' if it succeeds for the short time needed. That image will be used for generations to teach what a GLITCH on a webpage looks like...
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dreamspark
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May 23, 2014, 05:26:29 PM |
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Not surprised, Stamp has been going downhill for a while, the first gox like signs are showing. I personally have taken all fund off stamp a few weeks ago after the fee thing and these intrusive reports started emerging. "Sign a personal Bitcoin address, prove the source of every coin". Uh, no thanks. Not because its dodgy but because that would be pretty fucking immpossible.
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Hunyadi
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Merit: 1000
☑ ♟ ☐ ♚
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May 23, 2014, 05:26:46 PM |
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mehh. welcome bigbrother! The man strikes again They just do KYC.
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