ChartBuddy
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August 09, 2014, 02:59:49 AM |
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mooncake
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August 09, 2014, 03:02:59 AM |
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Looking good. I mean, for those people who are wanting to buy.
The question is how long the horizontal trend will last. Can't wait forever u know.
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ChartBuddy
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August 09, 2014, 03:59:48 AM |
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aminorex
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Sine secretum non libertas
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August 09, 2014, 04:03:31 AM |
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Looking good. I mean, for those people who are wanting to buy.
The question is how long the horizontal trend will last. Can't wait forever u know. And you aren't the only one. I think the best way to answer your question is to find out who has to sign off on what inside the SEC before COIN gets listed. Find out what side of their bread is buttered, and you will know the outcome. If you can isolate the key decision makers, then trace the financial moves of their friends & family, you may see exchange-based bitcoin accumulation, or buying into SecondMarket's fund et filia. That would be a big red flag in front of the bull move.
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ChartBuddy
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August 09, 2014, 04:59:47 AM |
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ChartBuddy
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August 09, 2014, 05:59:48 AM |
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Argwai96
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Thug for life!
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August 09, 2014, 06:38:56 AM |
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Looking good. I mean, for those people who are wanting to buy.
Yeah, looking like it. 100% retrace and then some on that pump. I guess it was just a short squeeze after all. Damn..... life of a bagholder.
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ChartBuddy
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August 09, 2014, 06:59:47 AM |
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molecular
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August 09, 2014, 07:13:16 AM |
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Minor technicality: I would NOT call 3,600 BTC daily as almost 4k BTC daily.
I am inclined to think that the overwhelming majority of mined coins move exactly once, at this point. I should check. If I am right it is indicative of price suppression on the exchanges to get good marks for buying virgin coin on contract. Which in turn is indicative of a massive bubble imminent. But I haven't checked yet. hey, cool! that would indeed be a good indication of the hypothesis (miners sell directly) being correct! do you have the means to check this? If so I would like to kindly ask you to do so.
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ChartBuddy
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August 09, 2014, 07:59:47 AM |
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byronbb
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HODL OR DIE
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August 09, 2014, 08:12:12 AM |
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edit The first large spike should be shifted a bit to the left to match up with the 1st huge selloff. You are trying to say that the selloff is corelated to the bitcoin days destroyed or am I missing something here? Ya. Old coins raced to sell off into +800. Basically it helps me be optimistic we aren't in for a huge dump.
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birr
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August 09, 2014, 08:13:26 AM Last edit: August 09, 2014, 08:29:24 AM by birr |
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the overwhelming majority of mined coins... a massive bubble imminent.
inside the SEC... bread is buttered... bull move.
Aminorex, you keep talking about these optimistic scenarios involving mined coins, the sec and I don't know what comes next If [thing 1] then--> Bull run! If [thing 2] then--> Bull run!
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windjc
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August 09, 2014, 08:27:33 AM |
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Minor technicality: I would NOT call 3,600 BTC daily as almost 4k BTC daily.
I am inclined to think that the overwhelming majority of mined coins move exactly once, at this point. I should check. If I am right it is indicative of price suppression on the exchanges to get good marks for buying virgin coin on contract. Which in turn is indicative of a massive bubble imminent. But I haven't checked yet. hey, cool! that would indeed be a good indication of the hypothesis (miners sell directly) being correct! do you have the means to check this? If so I would like to kindly ask you to do so. Ive mentioned it a couple of times on the forum already today, but I have it through very good sources that the majority of large miner coins that are being sold are being sold off exchange for a point or two premium by hedge funds. A large miner recently confirmed that he had had several calls put into him by hedge funds looking to buy every coin he had. If they are tracking him down, their tracking others down as well. I think this is one of the reason selling has practically dried up relative to what it used to be. Big money is desperate not to have the price run up.
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ChartBuddy
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August 09, 2014, 08:59:49 AM |
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Davyd05
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August 09, 2014, 09:02:23 AM |
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Minor technicality: I would NOT call 3,600 BTC daily as almost 4k BTC daily.
I am inclined to think that the overwhelming majority of mined coins move exactly once, at this point. I should check. If I am right it is indicative of price suppression on the exchanges to get good marks for buying virgin coin on contract. Which in turn is indicative of a massive bubble imminent. But I haven't checked yet. hey, cool! that would indeed be a good indication of the hypothesis (miners sell directly) being correct! do you have the means to check this? If so I would like to kindly ask you to do so. Ive mentioned it a couple of times on the forum already today, but I have it through very good sources that the majority of large miner coins that are being sold are being sold off exchange for a point or two premium by hedge funds. A large miner recently confirmed that he had had several calls put into him by hedge funds looking to buy every coin he had. If they are tracking him down, their tracking others down as well. I think this is one of the reason selling has practically dried up relative to what it used to be. Big money is desperate not to have the price run up. i wouldn't put it past them to get a jump on the fall, by accumulating all summer and if the hording phase and or bull run comes on the profit taking shall be glorious.
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Wandererfromthenorth
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August 09, 2014, 09:04:20 AM |
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Next week should be interesting Around the 14th-21th August we will be at a breakout point. Great opportunity to make a profitable trade by buying or selling if we breakout or break down
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molecular
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August 09, 2014, 09:06:32 AM |
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Next week should be interesting
been hearing that since beginning of the year basically ;-)
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Wandererfromthenorth
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August 09, 2014, 09:07:18 AM Last edit: August 09, 2014, 09:22:44 AM by Wandererfromthenorth |
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Next week should be interesting
been hearing that since beginning of the year basically ;-) By interesting I mean a major move, not necessarily a major move up
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rpietila
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August 09, 2014, 09:10:33 AM |
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I hope it goes to 470 to give a gleaning point.
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Wandererfromthenorth
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August 09, 2014, 09:11:02 AM |
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Next week should be interesting
been hearing that since beginning of the year basically ;-) By interesting I mean a major move, not necessarily a major move up Two weeks ago was another great breakout point, and we broke down, so if you would have sold as soon as we started to go down, you would have made a great trade I am looking to do the same next week. Waiting if we breakout or break down and buying or selling accordingly
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