Elwar (OP)
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Viva Ut Vivas
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November 11, 2013, 06:41:45 AM |
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What part of the First selloff are we at?  |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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TERA
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November 11, 2013, 06:49:09 AM |
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ajax3592
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Crypto News & Tutorials - Coinramble.com
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November 11, 2013, 07:22:20 AM |
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@ Tera
You mean to say it will fall more in the next few days ?
I'm looking to buy my first 4BTC
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TERA
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November 11, 2013, 07:42:17 AM |
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no... I think this is one of several small corrections on the way up.
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Missionary
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November 11, 2013, 07:46:29 AM |
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The chart in the OP is not relevant. Bitcoin is a technology. Did you see the use of e-mail go into the "denial phase"?
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I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z You can find more information about my plans here: http://btcmission.com |
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TERA
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November 11, 2013, 08:04:18 AM |
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The OP's chart applies to pump and dumps. bitcoin is growth.
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freequant
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November 11, 2013, 08:13:29 AM |
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What part of the First selloff are we at? So now we are at "return to normal". Hmmm, time to sell :| |
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Tzupy
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November 11, 2013, 10:22:18 AM |
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IMO we are going to hit the bottom of corrective wave A in about one day, we are now at the end of the second
ascending sub-sub-wave that precedes the drop. The drop could begin with a flash crash, but I'm not sure, am curious
to see how Gox and other exchanges will 'perform' this one. But no one knows how many coins are going to be dumped,
so the actual bottom of this is a big unknown. That bottom is a good buy back position, because a strong rebound follows it.
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Sometimes, if it looks too bullish, it's actually bearish
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Miz4r
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Activity: 1246
Merit: 1000
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November 11, 2013, 10:27:56 AM |
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IMO we are going to hit the bottom of corrective wave A in about one day, we are now at the end of the second
ascending sub-sub-wave that precedes the drop. The drop could begin with a flash crash, but I'm not sure, am curious
to see how Gox and other exchanges will 'perform' this one. But no one knows how many coins are going to be dumped,
so the actual bottom of this is a big unknown. That bottom is a good buy back position, because a strong rebound follows it.
Let's all watch and see how wrong you are.  |
Bitcoin = Gold on steroids
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elasticband
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 11, 2013, 10:37:38 AM |
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what happened 6 months ago or 2 years ago is irrelevant, so many factors have changed since then.
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Enky1974
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November 11, 2013, 11:03:55 AM |
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What part of the First selloff are we at? We are at the beginning of the take off phase with institutional investors that are starting to notice bitcoin as a new asset where to invest. |
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Zangelbert Bingledack
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November 11, 2013, 11:26:31 AM |
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Two things about this diagram. 1) The gray dotted line can be at different angles. In Bitcoin's case the line should be tilted upward quite a bit more, changing the whole shape of the curve. In the early 2013 bubble, for example, "return to mean" happened about 10x higher than "takeoff." Here's a terrible MSPaint scribble of what I mean:  2) This actually plays out fractally in the markets on various timescales. You can see the familiar shape on the monthly chart, or on the weekly chart. |
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Siegfried
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November 11, 2013, 11:46:38 AM |
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The chart in the OP is not relevant. Bitcoin is a technology. Did you see the use of e-mail go into the "denial phase"?
I share your view. |
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accord01
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November 11, 2013, 01:09:36 PM |
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we're at the part where the people that sold over the weekend are buying back at a loss
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perlboy
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November 11, 2013, 01:21:54 PM |
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we're at the part where the people that sold over the weekend are buying back at a loss
And the people that bought at the bottom are selling for the profit while holding their original BTC stash untouched.  |
Numis Token - Numismatic Coins attached to the Ethereum network Biza•io - Blockchain based banking software |
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notthematrix
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CryptoTalk.Org - Get Paid for every Post!
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November 11, 2013, 01:26:49 PM |
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what happened 6 months ago or 2 years ago is irrelevant, so many factors have changed since then.
agreed  , the diffrence is known amount in circulation vs unknown. dollar , gold , silver = unknown amount bitcoin = known amount, |
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