cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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November 04, 2015, 04:11:40 AM |
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Over $450 and i'll put my spacesuit on.
You might start putting some powder on your more sensitive areas... I'd think those space suits might get a little steamy... |
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trinaldao
Copper Member
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Post your ann & bounty just contact me
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November 04, 2015, 04:34:45 AM |
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TECHNICALS! Alright, here's what I'm seeing guys...  we will hit $500 before down some people withdraw his bitcoin because they are scared with " MT GoX" traumatic and bitcoin sell order is very low if you compare with buy wall |
INVALID BBCODE: close of unopened tag in table (1)
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gotmilk_
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November 04, 2015, 05:26:47 AM |
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Market is so overbought that there is not much bids left... Yet China continues buying.
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grv
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November 04, 2015, 05:50:19 AM |
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Market is so overbought that there is not much bids left... Yet China continues buying.
chinese household holdings (20 trillion usd) + capital controls = do the math (if only 1% trickles down into bitcoin) |
tips will be spent on ale and ladies of questionable character 
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RAJSALLIN
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November 04, 2015, 07:23:42 AM |
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Market is so overbought that there is not much bids left... Yet China continues buying.
chinese household holdings (20 trillion usd) + capital controls = do the math (if only 1% trickles down into bitcoin) Pretty much this. TA doesn't necessarily work well with small cap papers. When it comes to bitcoin a mcap of 6 billion is absolutely nothing when you look at the potential as a disruptive currency. |
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Odalv
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Activity: 1400
Merit: 1000
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November 04, 2015, 07:32:20 AM |
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Lucif, have you re bought or do you missed the train ? :-)
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Asrael999
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November 04, 2015, 08:11:13 AM |
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Market is so overbought that there is not much bids left... Yet China continues buying.
chinese household holdings (20 trillion usd) + capital controls = do the math (if only 1% trickles down into bitcoin) be very very scared though when they decide to all go the other way. |
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ft73
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November 04, 2015, 08:12:28 AM |
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Eagerly waiting for Masterluc thoughts ...
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SmoothCurves
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November 04, 2015, 08:54:31 AM |
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Bullish count:  But as always, for every bullish count there is an equally bearish one... What price is 5 ? |
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ft73
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November 04, 2015, 08:56:13 AM |
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Bullish count:
But as always, for every bullish count there is an equally bearish one...
What price is 5 ? Not high enough? |
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sickpig
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November 04, 2015, 09:24:41 AM |
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10K at least. price is on a log scale. |
Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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Asrael999
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November 04, 2015, 09:41:24 AM |
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10K at least. price is on a log scale. Timing looks like 2017? |
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Eivind Nag
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November 04, 2015, 09:51:27 AM |
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10K at least. price is on a log scale. Timing looks like 2017? It took ~4 years+- to reach 1163 (I). Probably looking at same timeframe or more to reach III. But all of this assumes that we are actually in a new Bull market. I would be cautious to mortgage your house to buy bitcoin. Although this rally is quite convincing its also what you might expect as a counter trend rally. What this rally has got going for it is the rather good volume. What is going against it is the bipolar world of central bank reflation on an even stronger deflationary backdrop. |
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Miz4r
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November 04, 2015, 11:37:33 AM |
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Lucif, have you re bought or do you missed the train ? :-)
What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp. I'd much rather have seen a more slow ramp up, because this is gonna crash hard very soon. Nice if you made mad profits though, but not so good for BTC I think when the inevitable crash comes. Wouldn't be surprised to see 200s again, it never ends well when the chart looks like this. Retracements and consolidation periods are important to establish support, there is none now until way down into the 200s. |
Bitcoin = Gold on steroids
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ft73
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November 04, 2015, 11:54:01 AM |
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Lucif, have you re bought or do you missed the train ? :-)
What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp. Probably you're right, this looks a somewhat irrational rise. Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here. |
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hdbuck
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November 04, 2015, 11:57:41 AM |
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Lucif, have you re bought or do you missed the train ? :-)
What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp. Probably you're right, this looks a somewhat irrational rise. Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here. The order books are empty. Btc price is floating and Nobody dares to move besides the few pumpers. At this point you gotta be crazy shorting or going long. Question is a which threshold people will realise their profit. Greed is King now. |
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ft73
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November 04, 2015, 12:04:07 PM |
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Lucif, have you re bought or do you missed the train ? :-)
What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp. Probably you're right, this looks a somewhat irrational rise. Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here. The order books are empty. Btc price is floating and Nobody dares to move besides the few pumpers. At this point you gotta be crazy shorting or going long. Question is a which threshold people will realise their profit. Greed is King now. Not sure what you mean by writing "The order books are empty" and "few pumpers". I'd say on the contrary we have A LOT of trades and volatility. Price moved up 17% in 12h, 24% on 24h. I'm no bear nor bull, just an observer struggling to find the sweet spot to close his long trades. So far i can't see any reliable signals. EDIT: Question is: will Chinese break 3200 CNY or not? At the moment i have no clue. |
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Tzupy
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November 04, 2015, 12:10:10 PM
Last edit: November 04, 2015, 12:27:29 PM by Tzupy |
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Well, I took a small short at 475$, let's see how this goes...
Edit: didn't confirm, so I closed it. Will wait until 3 min MACD will cross to negative, should take 1 - 2 hours.
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Sometimes, if it looks too bullish, it's actually bearish
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dmwardjr
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Technical Analyst/Trader
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November 04, 2015, 12:11:04 PM |
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Not sure what you mean by writing "The order books are empty" and "few pumpers".
I'd say on the contrary we have A LOT of trades and volatility.
Price moved up 17% in 12h, 24% on 24h.
I'm no bear nor bull, just an observer struggling to find the sweet spot to close his long trades.
So far i can't see any reliable signals.
I believe that is what whales with big pockets are counting on: People who "... find the sweet spot to close his long trades." Big money has the patience to wait. They will keep taking this up [Giving opportunities for people to sell at so called sweet spots]. They will be sitting sweet in 2017/2018. I believe big pockets have decided to jump in now rather than wait until sometime after the new year to accumulate coin. This may also be a scheme to pump up to over $2k by May, 2016 and dump to $1.2k. |
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