falllling
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Activity: 112
Merit: 10
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August 24, 2014, 04:08:03 PM |
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its time to face facts, its never going up again. agreed, the final capitulation incoming! dead cat bounces won't last, bitcoin is going to nowhere but down! $50x is the new $1250
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thefunkybits
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Activity: 1218
Merit: 1000
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August 24, 2014, 04:08:28 PM |
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Next move has to be up, I'm not even worried about it We've tested $500 enough to never touch it again imo
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edwardspitz
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August 24, 2014, 04:10:24 PM Last edit: August 24, 2014, 04:25:06 PM by edwardspitz |
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I think we will either be sideways or maybe Stamp will take a dump that brings us to $585 or $570.
Upwards dumping is extremely stylish. Stamp doesn't need to go up much before Finex is pushed over the edge. The direction of the fall will be upwards.
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podyx
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Activity: 2338
Merit: 1035
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August 24, 2014, 04:11:34 PM |
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Next move has to be up, I'm not even worried about it We've tested $500 enough to never touch it again imo Interesting, how are you so sure?? Just a second ago it was less then 50btc to bring us below 500(bitstamp that is)
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Richy_T
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Activity: 2604
Merit: 2327
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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August 24, 2014, 04:16:34 PM |
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the unexpected happens every once in a while and going full fiat means your going to lose a guaranteed 3% a year due to inflation. Dovish comments by Janet Yellen suggest it will be worse than that.
A visit to shadowstats is worthwhile. It looks like 3% is just the worst they are willing to admit to and can game the calculations enough to produce.
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Sandia
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August 24, 2014, 04:22:58 PM |
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The bottom of this channel is about 485. I have bids at 490, but I am starting to think they won't get filled. My best guess for a low is 498 since there was no bounce down from the trend line.
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ChartBuddy
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Activity: 2366
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 24, 2014, 04:33:44 PM |
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Someone locked the chartbuddy thread. I'll stick his, uh, my posts back here shortly but it might be about time for another poll.
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thefunkybits
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Activity: 1218
Merit: 1000
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August 24, 2014, 04:36:30 PM Last edit: August 24, 2014, 08:00:21 PM by thefunkybits |
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When I say 500 i really mean 480-520... Once we will leave this trading range there will be no turning back Looks like we're leaving this trading range... When we finally break up, $800 will come hard and fast
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blade87
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August 24, 2014, 04:41:08 PM |
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Almost looks like some big players are testing the waters with the less liquid LTC right now.
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Phillis
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August 24, 2014, 04:59:31 PM |
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bitfinex is leading the charge
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Zicore47
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August 24, 2014, 05:08:18 PM |
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It's a trip... oh I mean trap!
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ShroomsKit
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August 24, 2014, 05:11:32 PM |
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My gut says an entrance at 480 can't lose money over the course of a month. If we hit that number, I will be all in.
And you're gonna risk having to buy at 520 or higher instead because you want to save 20 bucks per coin. Makes sense. I am not an idiot. Give me a decent upward trend, and I will buy. Until then, I am betting we see 480-485. The bottom of this channel is about 485. I have bids at 490, but I am starting to think they won't get filled. My best guess for a low is 498 since there was no bounce down from the trend line.
You don't really have a clue what you're doing do you?
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falllling
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Activity: 112
Merit: 10
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August 24, 2014, 05:15:09 PM |
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It's a trip... oh I mean trap!
as always, you would lose money if you buy in dead cat bounce fake recover trap
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Sandia
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August 24, 2014, 05:16:12 PM |
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My gut says an entrance at 480 can't lose money over the course of a month. If we hit that number, I will be all in.
And you're gonna risk having to buy at 520 or higher instead because you want to save 20 bucks per coin. Makes sense. I am not an idiot. Give me a decent upward trend, and I will buy. Until then, I am betting we see 480-485. The bottom of this channel is about 485. I have bids at 490, but I am starting to think they won't get filled. My best guess for a low is 498 since there was no bounce down from the trend line.
You don't really have a clue what you're doing do you? Apparently not. I am still sitting here with fiat. I hope to god a troll doesn't beat me...I would have to make a new account because of the shame.
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Erdogan
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Activity: 1512
Merit: 1005
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August 24, 2014, 05:34:49 PM |
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Waiting for the next leg up...
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Erdogan
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Activity: 1512
Merit: 1005
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August 24, 2014, 05:43:19 PM |
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Momentum buyers, time to step in!
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fonzie
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August 24, 2014, 05:43:53 PM |
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exocytosis
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August 24, 2014, 05:46:29 PM |
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Oh no, we're going up again! We can't allow this to go on! We need to get down to sub-400 to shake out more weak hands first!
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Erdogan
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Activity: 1512
Merit: 1005
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August 24, 2014, 05:52:01 PM |
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Oh no, we're going up again! We can't allow this to go on! We need to get down to sub-400 to shake out more weak hands first!
I suppose the ones having more faith in fiat are happy (with their fiat in hand).
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pinky
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August 24, 2014, 05:59:15 PM |
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Oh no, we're going up again! We can't allow this to go on! We need to get down to sub-400 to shake out more weak hands first!
Now we are going to shake out short positions, then maybe down again.
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