tarmi
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Activity: 1232
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August 25, 2014, 03:35:54 PM |
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It was easier making money when we had the daily $60 swings. I miss those good old days  Because that time Bitcoin market was not mature, but now Bitcoin market behaving very maturely. It is good we are not moving like 50-60 USD everyday. not actually. the truth is that before we had mtgox lags and bots. |
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adamstgBit
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August 25, 2014, 03:37:08 PM |
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adamstgBit
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August 25, 2014, 03:39:01 PM |
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Globb0
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Free spirit
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August 25, 2014, 03:51:52 PM |
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That is not the trendline that people were posting until six months ago. It has been modified to make it look like the current price is still within the historic channel, when in fact is has strayed below it. Even if the price were to fall to 300$ for the next six months, we can be sure that someone would redraw the channel to say that bitcoin is "undervalued", rather than stopped following the exponential trend.  |
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thefunkybits
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August 25, 2014, 03:52:59 PM |
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It was easier making money when we had the daily $60 swings. I miss those good old days Because that time Bitcoin market was not mature, but now Bitcoin market behaving very maturely. It is good we are not moving like 50-60 USD everyday. I suspect we will be seeing the price move hundred of dollars a day during the next "bubble" Still lots of volatility coming  |
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tarmi
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August 25, 2014, 03:55:50 PM |
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This graph is circulating:  Thoughts? That is not the trendline that people were posting until six months ago. It has been modified to make it look like the current price is still within the historic channel, when in fact is has strayed below it. Even if the price were to fall to 300$ for the next six months, we can be sure that someone would redraw the channel to say that bitcoin is "undervalued", rather than stopped following the exponential trend. lol |
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ImI
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Merit: 1019
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August 25, 2014, 03:58:11 PM |
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ChartBuddy
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Activity: 2576
Merit: 2210
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 25, 2014, 03:59:27 PM |
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Phillis
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August 25, 2014, 04:01:27 PM |
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5cMXezpBtm
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August 25, 2014, 04:08:25 PM |
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LOL what have people too much time to make these funny images...
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wachtwoord
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Activity: 2380
Merit: 1141
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August 25, 2014, 04:21:52 PM |
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This graph is circulating: Thoughts? That is not the trendline that people were posting until six months ago. It has been modified to make it look like the current price is still within the historic channel, when in fact is has strayed below it. Even if the price were to fall to 300$ for the next six months, we can be sure that someone would redraw the channel to say that bitcoin is "undervalued", rather than stopped following the exponential trend. Of course someone would because that's the most likely truth. |
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fonzie
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August 25, 2014, 04:22:04 PM |
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1d MACD green. 1079BTC to 500$ on Stamp. The guy market selling 1-2000 BTC hasn´t been seen for a while. All systems go! Soonish ™!
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exocytosis
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August 25, 2014, 04:28:37 PM |
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We're gonna stay around 500 for the next couple of weeks. Then it's down to 450, before we bounce up to 530 for a short while, then finding our way back to 480 or so.
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exocytosis
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August 25, 2014, 04:29:57 PM |
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The guy market selling 1-2000 BTC hasn´t been seen for a while. All systems go! Soonish ™!
How do you know it's only one guy, and not several orders stacked on top of eachother? |
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5cMXezpBtm
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August 25, 2014, 04:33:22 PM |
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We're gonna stay around 500 for the next couple of weeks. Then it's down to 450, before we bounce up to 530 for a short while, then finding our way back to 480 or so.
Yeah, thinking of that. Maybe after some weeks at 500 we get used to that niveau, why not then slowly down to 400 with a dip to 350 and then around 400 again until the year ends... Would be a real bottom I think, viewing the 3 year chart... Huh, that's bearish... But Wikipedia donations acception is the strategic turning point, I tell ya, the rocket will start... |
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fonzie
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August 25, 2014, 04:36:27 PM |
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The guy market selling 1-2000 BTC hasn´t been seen for a while. All systems go! Soonish ™!
How do you know it's only one guy, and not several orders stacked on top of eachother? I don´t know if it´s only one guy, but there have been several single ~1000 BTC sells that were not stacked if you look into the historic trading records. Maybe there are different players making 1000 BTC market sells, what do i know. |
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Sandia
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August 25, 2014, 04:40:02 PM
Last edit: August 25, 2014, 05:02:29 PM by Sandia |
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The guy market selling 1-2000 BTC hasn´t been seen for a while. All systems go! Soonish ™!
How do you know it's only one guy, and not several orders stacked on top of eachother? Mostly 1 or 2 order dumps, synchronized within seconds on multiple exchanges. 1 guy. That includes the attempts at short long squeezes, which were single sells of 7k on Bfx and (IIRC) 1200 btc on BTC-e. |
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fonzie
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August 25, 2014, 04:44:56 PM |
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The guy market selling 1-2000 BTC hasn´t been seen for a while. All systems go! Soonish ™!
How do you know it's only one guy, and not several orders stacked on top of eachother? Mostly 1 or 2 order dumps, synchronized within seconds on multiple exchanges. 1 guy. That includes the attempts at short long squeezes, which were single sells of 7k on Bfx and (IIRC) 1200 6000-7000 btc on BTC-e. FTFY  |
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Phillis
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August 25, 2014, 04:55:04 PM |
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The guy market selling 1-2000 BTC hasn´t been seen for a while. All systems go! Soonish ™!
How do you know it's only one guy, and not several orders stacked on top of eachother? I don´t know if it´s only one guy, but there have been several single ~1000 BTC sells that were not stacked if you look into the historic trading records. Maybe there are different players making 1000 BTC market sells, what do i know. oh fonzie, the lovable metalhead bull |
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