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Question: Is my analysis accurate? (current situation, not my predictions)
Financial Whizz Kid - 14 (13.9%)
Mostly correct - 21 (20.8%)
Disagree with your analysis - 21 (20.8%)
Not even close - 26 (25.7%)
Undecided - 19 (18.8%)
Total Voters: 101

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Author Topic: Simple reason for the price spike... why this weekend's dip will be deep  (Read 3286 times)
vokain
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July 12, 2013, 02:01:30 AM
 #21

who cares, you can't time the $5-10 intra-week fluctuations. I'm loooong
PerfectAgent
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July 12, 2013, 02:02:30 AM
 #22

I'm with you bro., This is just short term talk. I am a huge believer, and this Bitcoin thingy will take aooffff off i'll tell ya.

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Chrstian
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July 12, 2013, 02:06:24 AM
 #23

and.... walls gone Cheesy
BitPirate
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July 12, 2013, 02:09:06 AM
 #24

The rise is almost a perfect mirror image of the decline.

I hope too many people weren't shaken out.

massivebitman (OP)
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July 12, 2013, 03:53:46 AM
 #25

If you ask me the fact we're up so high is crazy...

Bernanke has reassured the market...

http://finance.yahoo.com/news/futures-jump-wake-bernanke-comments-112529498.html

We're going down. Investors will pull, and at a quick profit. 90 is too high.

massivebitman (OP)
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July 12, 2013, 03:57:56 AM
 #26

You've got to remember, this whole down spiral started on the back of America's recovery.

Bitcoin is a hedge against other investments.

There's only one way we can go with this, and that is.... DOWN.

Same with gold, pull your profits while you can!

vokain
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July 12, 2013, 05:38:41 AM
 #27

You've got to remember, this whole down spiral started on the back of America's recovery.

Bitcoin is a hedge against other investments.

There's only one way we can go with this, and that is.... DOWN.

Same with gold, pull your profits while you can!

bitcoin is not a mature market, it still has room to grow whereas gold....
massivebitman (OP)
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July 12, 2013, 08:08:27 PM
 #28

You've got to remember, this whole down spiral started on the back of America's recovery.

Bitcoin is a hedge against other investments.

There's only one way we can go with this, and that is.... DOWN.

Same with gold, pull your profits while you can!

bitcoin is not a mature market, it still has room to grow whereas gold....
Agree. A lot of work is needed first though.

Bitcoin doesn't do much yet

superduh
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July 12, 2013, 08:30:22 PM
 #29

You've got to remember, this whole down spiral started on the back of America's recovery.

Bitcoin is a hedge against other investments.

There's only one way we can go with this, and that is.... DOWN.

Same with gold, pull your profits while you can!

you are clearly confused. bitcoin is not a hedge - unless to some - maybe you should go learn what bitcoin's similarities and differences compared to gold and fiat. random statements such as yours are borderline trollish

ok
XXthetimeisnowXX
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July 13, 2013, 06:49:03 PM
 #30

You've got to remember, this whole down spiral started on the back of America's recovery.

Bitcoin is a hedge against other investments.

There's only one way we can go with this, and that is.... DOWN.

Same with gold, pull your profits while you can!

you are clearly confused. bitcoin is not a hedge - unless to some - maybe you should go learn what bitcoin's similarities and differences compared to gold and fiat. random statements such as yours are borderline trollish

+1
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