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Author Topic: Well we are back to the triple digits again  (Read 2101 times)
Jozzaboy
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June 29, 2013, 08:40:51 AM
 #21

I think i'll wait out the weekend dip before making a more informed decision instead of relying on relentless bearishness with a personal agenda.  Wink

Chaikin money flow index is negative for last 3-4 days.
And it was only positive for last 1-1.5 years until this week.

http://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2011-05-01zeg2013-06-30ztgSzm1g10zm2g25zi1gCMFzv

Thanks for your input but I don't get worked up over such things as a technical indicator.

BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF
I also accept precious metals, no paper money please.
naphto
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June 29, 2013, 09:58:45 PM
 #22

And back to double digits again Wink


Smiley
Jozzaboy
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June 29, 2013, 10:06:00 PM
 #23

Indeed back to double digits again. As long term bullish as I am, I very well may sell 1-2% of my coins to make a quick buck here in this downwards trend.

BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF
I also accept precious metals, no paper money please.
Hfertig
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June 29, 2013, 11:43:30 PM
 #24

Good luck mate. I just hope that you are not allocating 5% of your paycheck to buy bitcoins since the time you have registered on this forum... otherwise it will get ugly. You might want to consider to liquidate more then just 1-2% of your coins...

Just a hint...
Birdy
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June 29, 2013, 11:49:07 PM
 #25

Indeed back to double digits again. As long term bullish as I am, I very well may sell 1-2% of my coins to make a quick buck here in this downwards trend.
There seem to be a lot of people doing this.
This will end up in sharp rise once most people think the downtrend is over, because they want to make their "quick buck" in Btc.
I think it could probably be shortly after withdrawal on Gox works normal again (which would be kinda ironic).
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