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Author Topic: Analysis  (Read 941359 times)
area3121
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September 19, 2014, 01:17:09 PM
 #1821

Just HODL and accumulate at the price you think is right.

Prepare for the worst, hope for the best.


better to dump now and lose  minimal damage than to hold and lose for nothing at all
Exactly, Apple payments and other new technologies will make Bitcoin obsolete in long term. Was a nice gamble, but game is over now. In 10 years nobody will remember Bitcoin.

Bitcoin does not compete with Apple pay neither with PayPal or other similar services.


the best thing to do is

Sell coins NOW and Get a real job
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Bagatell
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September 19, 2014, 01:20:35 PM
 #1822


the best thing to do is

Sell coins NOW and Get a real job

This is surely the dumbest advice I have seen on this forum. Welcome to ignore.
prophetx
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September 19, 2014, 01:22:49 PM
 #1823

Waiting for 2016 to make that happen....

Keeping this quote so I can post it in a few months and see the egg dripping from your face.

the doom and gloom around here right now is unbelievable.  There is absolutely no precedent for that whatsoever, in fact we can still head down into the 200s before falling out normal historical volatility levels.

Does noone remember the famous quote from buffett?

"Be greedy when others are fearful and fearful when others are greedy".

You all know which mode we are in now.

Except that the bear market hasn't even started yet. Stocks are at highs and I'm still waiting for my setup to short the hell out of them as deflation unfolds, the dollar soars, and all assets collapse. We're not quite there yet.

Remember: The ones that are up the most, are the ones that go down the most.

indeed
oda.krell
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September 19, 2014, 01:23:46 PM
 #1824

Bugger off, trolls. (= area3121, sevvero)


Possible target, luc?


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sumantso
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September 19, 2014, 01:51:53 PM
 #1825

Bugger off, trolls. (= area3121, sevvero)


Possible target, luc?



$320? Ouch!

Whats the timescale you think it needs to unfold?

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September 19, 2014, 02:55:01 PM
 #1826

$320? Ouch!

Whats the timescale you think it needs to unfold?

Probably only has a chance if downwards momentum is keeping up, so over the next few days, I suppose.

But I'm kind of fishing in the dark here, that's why I'm asking the master Cheesy

Not sure which Bitcoin wallet you should use? Get Electrum!
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sumantso
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September 19, 2014, 03:15:43 PM
 #1827

$320? Ouch!

Whats the timescale you think it needs to unfold?

Probably only has a chance if downwards momentum is keeping up, so over the next few days, I suppose.

But I'm kind of fishing in the dark here, that's why I'm asking the master Cheesy

No doubt he will turn up with some bad news.

I guess if it can survive over the weekend it has a chance of going up. Sucks to see $3xx territory.

thefiniteidea
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September 19, 2014, 03:16:55 PM
 #1828

Should see some support here...

$378.78 (price) x 13.28 million (total BTC in circulation) = $5.03 billion mkt cap - Support at round numbers





masterluc (OP)
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September 19, 2014, 03:52:35 PM
 #1829

This prediction is still active. Too much shitty posts to loose a small diamond  Grin

Next stop. 70% probability.



Under this scenario I see high odds of what I said earlier. Domino reaction, long painful decline within months.

However if this will close below weekly bb, I will have more bad news for bulls


molecular
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September 20, 2014, 11:13:54 AM
 #1830


the best thing to do is

Sell coins NOW and Get a real job

This is surely the dumbest advice I have seen on this forum. Welcome to ignore.

Why ignore people with different opinions?

I usually just ignore people with no arguments when asked.

I agree, though... it's very bad advice. Both parts of it, really.

As Amir says: "We have all this incredible technology and yet people work longer hours for less pay in shitty jobs. There's something wrong here."

About the selling Bitcoin part: don't be ridiculous, as Risto argued, it's rational to hold even if it's just a 15% chance of another ten-bagger waiting for us.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
thefiniteidea
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September 20, 2014, 04:22:13 PM
 #1831

Off the support, I suspect we'll trend slowly lower within the .5 bounds for a few weeks before dropping further into the lower bounds...

plopper50
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September 20, 2014, 08:10:02 PM
 #1832

How much lower do you predict?
masterluc (OP)
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September 22, 2014, 11:08:36 AM
 #1833

Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.

devphp
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September 22, 2014, 11:10:21 AM
 #1834

Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.

Don't be so cryptic, speak your mind.
JimNastics
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September 22, 2014, 11:17:02 AM
 #1835

Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.

Really wish it had closed firmly below the weekly BB last night, would have been really interesting to see what kind of carnage unfolded (if any). As it was, I think it just about clung on.
Tzupy
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September 22, 2014, 11:24:55 AM
 #1836

Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.

That's not as bearish as it looks, because the market movements take so much longer now than in late June - early July 2013.
If you look at the daily charts for that period, price being just below the BB was very common towards the bottom.

Sometimes, if it looks too bullish, it's actually bearish
masterluc (OP)
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September 22, 2014, 12:00:10 PM
 #1837

I searched for historical patterns. I thought if price closes above +1 w/bb then it means parabolic rise - 4 examples in history.

And if opposite - it supposed to be a parabolic fall. And no examples in history...

Tzupy
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September 22, 2014, 02:32:57 PM
 #1838

My point is that historical patterns shouldn't be measured with the same metric.




Sometimes, if it looks too bullish, it's actually bearish
myself
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chaos is fun...…damental :)


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September 22, 2014, 03:25:24 PM
 #1839

Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.
is about time Tongue

if u were in WA chat 2 months ago then u could save some time

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
sumantso
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September 22, 2014, 08:32:38 PM
 #1840

Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.

I take it means that your bloodbath prediction is still active.


$320? Ouch!

Whats the timescale you think it needs to unfold?

Probably only has a chance if downwards momentum is keeping up, so over the next few days, I suppose.

But I'm kind of fishing in the dark here, that's why I'm asking the master Cheesy

Seems it has unfolded Sad

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