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Author Topic: Bitcoin Shallow??  (Read 1804 times)
Bitman_Begins
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July 13, 2011, 03:22:44 PM
 #1

 Huh Can someone tell me why the BTC on Mt. Gox is not moving from around 14 USD per BTC?

It currently has a high of 14.15051 and a low of 13.9.  Undecided Dull, to say the least.

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ableorange
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July 13, 2011, 03:36:52 PM
 #2

Go buy more.

It will be 1BTC to $100 by Christmas if that matters. I recommend holding BTC like gold, and help people develop the necessary info-structure so one can work & buy products and services more effectively.

I will probably never sell my Bitcoins. I'll most likely start to use my acquired coins as money by next year. I also hope to be paid in BTC.
Serge
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July 13, 2011, 04:06:50 PM
 #3

slow trading week
Jalum
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July 13, 2011, 04:09:04 PM
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Go buy more.

It will be 1BTC to $100 by Christmas if that matters. I recommend holding BTC like gold, and help people develop the necessary info-structure so one can work & buy products and services more effectively.

I will probably never sell my Bitcoins. I'll most likely start to use my acquired coins as money by next year. I also hope to be paid in BTC.

How much money have you lost on MLMs, Ponzi scheme, and HYIPs?
grod
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July 13, 2011, 04:12:50 PM
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Just be ready.  If you look at previous charts you'll see the same pattern: rally, consolidate, flatline, drop.  We're currently in the flatline part of that cycle where the range narrows and volume disappears.  This time around the drop may be magnified by the Friday Effect, so I am hoping for quite the payday.
AngelusWebDesign
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July 13, 2011, 04:16:28 PM
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Where can a person see the "previous charts".

Mt. Gox doesn't have anything; tradehill certainly doesn't.

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July 13, 2011, 04:18:17 PM
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Where can a person see the "previous charts".

Mt. Gox doesn't have anything; tradehill certainly doesn't.



try
http://bitcoincharts.com/charts/
GeniuSxBoY
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July 13, 2011, 04:23:58 PM
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Let's get something started in here.
AngelusWebDesign
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July 13, 2011, 04:32:32 PM
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Actually, the 13.90 low is a bit deceptive. It was only for an instant, and it was almost 24 hours ago -- so the real range is more like 14.15 - 13.96
GeniuSxBoY
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July 13, 2011, 04:38:03 PM
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Why did Mtgox get rid of dark orders over $1000?
BitcoinPorn
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July 13, 2011, 04:40:27 PM
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Why did Mtgox get rid of dark orders over $1000?
From what I understand it is to slow the drug lords.  Pass it on.

m0w3r
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July 13, 2011, 04:45:44 PM
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 Go outside, get some fresh air, it's probably a nice sunny day where you are.  Now doesn't that feel better. 
Shinobi
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July 13, 2011, 04:49:10 PM
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Go buy more.

It will be 1BTC to $100 by Christmas if that matters. I recommend holding BTC like gold, and help people develop the necessary info-structure so one can work & buy products and services more effectively.

I will probably never sell my Bitcoins. I'll most likely start to use my acquired coins as money by next year. I also hope to be paid in BTC.

How much money have you lost on MLMs, Ponzi scheme, and HYIPs?

ACE. I just can't wrap my head around people who speak like AbleOrange. I can see undying faith regarding a religion indoctrinated into someone from a young age, but to be this convinced about a product that has only gained any real value about 4 months ago is *unreal*.

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July 13, 2011, 04:56:52 PM
 #14

rally, consolidate, flatline, drop.

What timeframe are you referring to? Because I can't see that kind of pattern anywhere. Particularly the flatline->drop part doesn't appear anywhere.
.
grod
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July 13, 2011, 05:10:45 PM
 #15

24 hour timeframe.  bitcoincharts charts are misleading, the intra-day drops are the ones I'm talking about -- to $10-11 buying opportunties, which we've had several times in the last month.   Find those buying opportunities, look for the previous 24-48 hours, use small intervals.  Always a rally, slower consolidate, flatline, kaboom, rally.

Chart is shaping up for another bigun, I'm very optimistic.  (Or is that pessimistic?)
GeniuSxBoY
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July 13, 2011, 05:13:47 PM
 #16

OMFG A CRASH!!!
BitcoinPorn
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July 13, 2011, 05:14:22 PM
 #17

24 hour timeframe.  bitcoincharts charts are misleading, the intra-day drops are the ones I'm talking about -- to $10-11 buying opportunties, which we've had several times in the last month.   Find those buying opportunities, look for the previous 24-48 hours, use small intervals.  Always a rally, slower consolidate, flatline, kaboom, rally.

It sucks, bullshit like this keeps me having a ticket on my phone running Sad

You just have to really love and appreciate a 24 market/s Smiley

GeniuSxBoY
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July 13, 2011, 05:19:21 PM
 #18

we're moving again!!!
GeniuSxBoY
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July 13, 2011, 05:22:36 PM
 #19

lullz
BitcoinPorn
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July 13, 2011, 05:29:31 PM
 #20

we're moving again!!!

I'm pretty sure movement in the .03 btc area requires a full new thread.

One that makes claims that the market is CRASHING and/or BUYNOWBUYNOW

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