Raystonn
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June 28, 2014, 03:43:29 AM |
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Timeline:
1) Large Buyers are slowly accumulating Bitcoin as exchange depth allows, trying not to run the price up on themselves while they try to fill their accounts to their planned levels of exposure. 2) They find out about the SR Seized Coin auction. Some may have found out before the public announcement. 3) They stop buying on exchanges and save their funds for later bids at the auction. This would correspond to a lack of buying, as some here have seen in their analysis for the past few weeks. 4) Someone wins the auction, but most bidders do not get all of their bids filled. The losers find out some time between end of auction 6/27 6PM EST and 6/30 5PM EST. 5) Losers begin slowly accumulating Bitcoin on exchanges again until reaching their planned level of exposure.
We are between #3 and #4. The next step will be bullish.
Yep, bullish.
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phosphorush
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June 28, 2014, 03:43:59 AM |
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fuck BTC, i was hoping to buy some cheap BTC today
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JayJuanGee
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Activity: 3878
Merit: 11065
Self-Custody is a right. Say no to"Non-custodial"
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June 28, 2014, 03:48:24 AM |
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fuck BTC, i was hoping to buy some cheap BTC today You had a chance for cheap, right before the auction ended, you had an opportunity for $575-ish, and that's pretty cheap.
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 28, 2014, 04:01:44 AM |
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DannyElfman
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June 28, 2014, 04:11:43 AM |
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fuck BTC, i was hoping to buy some cheap BTC today You had a chance for cheap, right before the auction ended, you had an opportunity for $575-ish, and that's pretty cheap. Looking pretty toppy at the moment, to be honest.
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blatchcorn
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June 28, 2014, 04:15:39 AM |
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Everyone who fell for the bear trap must be feeling pretty fucking stupid
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Patel
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Merit: 1007
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June 28, 2014, 04:17:46 AM |
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I have a feeling we are going down. We still have another 4-5 months before ATH. The longer the better imo.
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phosphorush
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June 28, 2014, 04:29:47 AM |
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I have a feeling we are going down. We still have another 4-5 months before ATH. The longer the better imo. I have a feeling the next bubble is about to start:
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ShroomsKit
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June 28, 2014, 04:31:34 AM |
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I have a feeling we are going down. We still have another 4-5 months before ATH. The longer the better imo. You got a source for that 4-5 months part? Or did you just make that up? Actually i think i know the answer already.
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Patel
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June 28, 2014, 04:32:26 AM Last edit: June 28, 2014, 04:47:21 AM by Patel |
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I have a feeling we are going down. We still have another 4-5 months before ATH. The longer the better imo. You got a source for that 4-5 months part? Or did you just make that up? Actually i think i know the answer already. Can you read the part where it says I have a feeling? Or you blind? ===== Unless something like ETF gets approved, or some big news hits the media I think we will go sideways for a bit. Big players are waiting for regulation, Bitlicense guidelines will probably be released for comments early July, and like they said 60-90 days after is when they will start issuing the licenses, and will be a regulated environment. I think once all that gets finished, we will be looking at new ATH late 2014, early 2015.
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ArticMine
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Monero Core Team
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June 28, 2014, 04:38:20 AM |
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Rally time. Where the fuck are all the bears? ? Blitz, TERA, everyone. Where are you? Where did you go? Its so quiet in here all of a sudden. Edit: HI-LARIOUS Hibernation?
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Raystonn
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June 28, 2014, 04:42:27 AM |
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I have a feeling we are going down. We still have another 4-5 months before ATH. The longer the better imo. You got a source for that 4-5 months part? Or did you just make that up? Actually i think i know the answer already. Can you read the part where it says I have a feeling? Or you blind? Unless something like ETF gets approved, or some big news hits the media I think we will go sideways for a bit. Big players are waiting for regulation, Bitlicense guidelines will probably be released for comments early July, and like they said 60-90 days after is when they will start issuing the licenses, and will be a regulated environment. I think once all that gets finished, we will be looking at new ATH late 2014, early 2015. So close. Now click that little box next to the words "log scale", since Bitcoin has exponential growth over that time scale.
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Patel
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June 28, 2014, 04:44:22 AM |
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This is the speculation thread, so I guess we'll see.
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phosphorush
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June 28, 2014, 04:45:59 AM |
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new bubble really comming
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ShroomsKit
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June 28, 2014, 04:48:40 AM |
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I have a feeling we are going down. We still have another 4-5 months before ATH. The longer the better imo. You got a source for that 4-5 months part? Or did you just make that up? Actually i think i know the answer already. Can you read the part where it says I have a feeling? Or you blind? ===== Unless something like ETF gets approved, or some big news hits the media I think we will go sideways for a bit. Big players are waiting for regulation, Bitlicense guidelines will probably be released for comments early July, and like they said 60-90 days after is when they will start issuing the licenses, and will be a regulated environment. I think once all that gets finished, we will be looking at new ATH late 2014, early 2015. Yes. I can read that. You said you have a feeling that we're going down. Are you blind?
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vokain
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June 28, 2014, 04:50:34 AM |
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ChartBuddy
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June 28, 2014, 05:01:48 AM |
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YogoH
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June 28, 2014, 05:47:11 AM |
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I think that all the new posters here and on reddit is a good sign.
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Torque
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June 28, 2014, 05:59:24 AM |
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We are right back to a completely manipulated $599.99 wall holding pattern, just like where we were from June 20-23. This whole rise smells of pure whale crud.
If we don't solidly break $600 within the next 12 hours, I predict we are definitely going back down.
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ChartBuddy
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June 28, 2014, 06:00:46 AM |
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