TsuyokuNaritai
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October 05, 2014, 07:30:59 PM |
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Sell walls gone. Anyone got a few hundred BTC to start the short-squeezing rally back to 400? 
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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October 05, 2014, 07:31:15 PM |
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I think the fear has reached an extreme far higher than anything in 2014 yet. People (including me) are talking about getting back to work, putting castles for sale, and the price reaching $100-$200 in a matter of weeks.
Typically, extreme fear is associated with prices that in nearly all timeframes provide far above-average returns. Unlike most extreme fear situations, the one in Bitcoin now is very easy to capitalize on, because bitcoins can easily be bought 24/7.
Even if buying more is not a realistic option due to the portfolio already being heavy in BTC, selling is generally not warranted unless you want to be one of those taken advantage of.
Actually this is a good thing. Bitcoin isn't dead, we (should) all know that. It's a good chance for people to keep building things a little out of the limelight of price publicity. The reality is that the price is going to go to the moon fueled by remittances and wall-street investors. The regular folks are just here to really boot strap the future. So, don't go getting out of the game now. :-) if bitcoin is dead now, there will be no bitcoin 2.0. not even in our dream (im ready to invest in bitcoin 2.0).
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 05, 2014, 07:32:17 PM |
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It would be nice to see some bids line up on stamp
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touhonoob
Newbie
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Activity: 42
Merit: 0
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October 05, 2014, 07:32:24 PM |
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No more cheap coins in a week Buy as much as you can 
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fonzie
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October 05, 2014, 07:32:31 PM |
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Wow Bitstamp orderbook looks as illiquid as the one from BTC-E (+-30$ range) Never seen that before Stamp  BTC-E 
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Mrzinzin
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October 05, 2014, 07:32:52 PM |
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bull trap?
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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October 05, 2014, 07:33:07 PM |
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I think the fear has reached an extreme far higher than anything in 2014 yet. People (including me) are talking about getting back to work, putting castles for sale, and the price reaching $100-$200 in a matter of weeks.
Typically, extreme fear is associated with prices that in nearly all timeframes provide far above-average returns. Unlike most extreme fear situations, the one in Bitcoin now is very easy to capitalize on, because bitcoins can easily be bought 24/7.
Even if buying more is not a realistic option due to the portfolio already being heavy in BTC, selling is generally not warranted unless you want to be one of those taken advantage of.
Actually this is a good thing. Bitcoin isn't dead, we (should) all know that. It's a good chance for people to keep building things a little out of the limelight of price publicity. The reality is that the price is going to go to the moon fueled by remittances and wall-street investors. The regular folks are just here to really boot strap the future. So, don't go getting out of the game now. :-) if bitcoin is dead now, there will be no bitcoin 2.0. not even in our dream (im ready to invest in bitcoin 2.0). It's not dead!!!
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aclass
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October 05, 2014, 07:33:20 PM |
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Dump countdown started How much time would it give it?
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inca
Legendary
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Activity: 1176
Merit: 1000
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October 05, 2014, 07:33:55 PM |
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Right all we need is loaded to blast us up 20 dollars and start a rout 
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alexeft
Legendary
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Activity: 854
Merit: 1000
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October 05, 2014, 07:34:10 PM |
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Nice volume!!!
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fonzie
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October 05, 2014, 07:34:24 PM |
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bull trap?
Bear trap closing
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Schickeria
Member

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Activity: 84
Merit: 10
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October 05, 2014, 07:35:10 PM |
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It would be nice to see some bids line up on stamp
Nope, better not. Direct market buying, invisible support and small to medium walls are a lot healthier for now.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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October 05, 2014, 07:35:36 PM |
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There should be a huge spike in the coming days with alot of volume Hopefully I'll get my fiat in before we go
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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October 05, 2014, 07:36:19 PM |
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bull trap?
Bear trap closing more like a failed bulltrap... by mr.manipulator
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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October 05, 2014, 07:36:55 PM |
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I think the fear has reached an extreme far higher than anything in 2014 yet. People (including me) are talking about getting back to work, putting castles for sale, and the price reaching $100-$200 in a matter of weeks.
Typically, extreme fear is associated with prices that in nearly all timeframes provide far above-average returns. Unlike most extreme fear situations, the one in Bitcoin now is very easy to capitalize on, because bitcoins can easily be bought 24/7.
Even if buying more is not a realistic option due to the portfolio already being heavy in BTC, selling is generally not warranted unless you want to be one of those taken advantage of.
Actually this is a good thing. Bitcoin isn't dead, we (should) all know that. It's a good chance for people to keep building things a little out of the limelight of price publicity. The reality is that the price is going to go to the moon fueled by remittances and wall-street investors. The regular folks are just here to really boot strap the future. So, don't go getting out of the game now. :-) if bitcoin is dead now, there will be no bitcoin 2.0. not even in our dream (im ready to invest in bitcoin 2.0). It's not dead!!! there i say "IF"
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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October 05, 2014, 07:38:20 PM |
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My suspicions, short cover rally.
Bears gonna start loading up again to wash and repeat any approach to 320.
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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October 05, 2014, 07:40:40 PM |
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My suspicions, short cover rally.
Bears gonna start loading up again to wash and repeat any approach to 320.
hopefully no bear* was harmed in the process... everyone HODL !!! EDIT *: and bull
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ruletheworld
Legendary
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Activity: 1400
Merit: 1045
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October 05, 2014, 07:41:53 PM |
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My suspicions, short cover rally.
Bears gonna start loading up again to wash and repeat any approach to 320.
Too small a move, need to observe a higher movement above the bottom.
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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October 05, 2014, 07:41:55 PM |
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My suspicions, short cover rally.
Bears gonna start loading up again to wash and repeat any approach to 320.
Breaking: Bear who is short predicts price will fall!
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fonzie
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October 05, 2014, 07:42:37 PM |
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bull trap?
Bear trap closing more like a failed bulltrap... by mr.manipulator Bearwhale Manipulator really hasn´t failed, in fact he was pretty effective and most likely is satisfied. He probably reached his bottom price target and it ended with shaking out thousands of BTC (on all exchanges) at the lowest price possible. He painted a nice high volume capitulation on chart and showed the world his existence through the 30k ask wall. In my opinion the latter one even brought back some confidence to the traders. ( Now that they know that the big whales want their precious Bitcoins, which shows that they are still bullish and even so greedy that 30k+ arent enough for them  ) AKA That darnnnn manipulator , without him we would already have reached 5000$  Now buy buy byu
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