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Question: How do you feel when the market moves sideways?
Scared
Comforted

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Author Topic: Sideways motion.  (Read 752 times)
shmadz (OP)
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November 26, 2013, 04:52:53 AM
 #1

Just wondering how many think sideways motion is scary, as opposed to how many think it is comforting.

Thank you for your vote.
- and of course, your comments on why you feel this way are appreciated.

(*edit - just thought I should clarify, By "sideways motion" I mean when the exchange price remains within a certain range for a certain amount of time.*)
get your mind out of the gutter

"You have no moral right to rule us, nor do you possess any methods of enforcement that we have reason to fear." - John Perry Barlow, 1996
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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the_sunship
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November 26, 2013, 04:55:40 AM
 #2

we've seen this recently a few times before a major spike up, so I'm feeling good. Holding tight here and may buy more on the next dip....
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November 26, 2013, 06:37:38 AM
 #3

It cools the ego and hardens confidence. What's not to like?

EDIT: Rather, I'm just happy I don't have to worry about volatility as much. As nice as it is to be making that much in a short time, I feel less... on-edge, and it demands less of my attentions.

Plus my huge head starts shrinking.

Zangelbert Bingledack
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November 26, 2013, 07:37:24 AM
 #4

This consolidation is just what the doctor ordered. The price was simply rising too fast last week.

Now we have a fairly solid base for another rocket launch. Perhaps even this week.
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November 26, 2013, 07:45:00 AM
 #5

http://www.youtube.com/watch?v=NnP5iDKwuwk

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