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Author Topic: Trend In the next 8 hours  (Read 1742 times)
XXthetimeisnowXX
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a wolf in sheeps clothing. suckerfish


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November 29, 2013, 07:33:29 PM
 #21

Hi All

As a beginner trader I would like to know what the seasoned pro's out there think the trend will be like in the next 4-8 hours.

Currently BTC/USD 1080.00 @ 4:10 GMT 2+ on BitFinex

Just trying to learn and get insight into more experienced traders.

MG

Experienced bitcoin traders agree:

1. Buy as much as you can afford to live without, as soon as humanly possible
2. Hold as long as you can

When the price is $10,000 per coin, you're really not going to care if you got it at 1080 or 1120.

Bitcoin is not a stock.  The sooner you figure that out and just buy and hold instead, the happier you will be.


+1 and who the fuck knows haha. and crystal ball thing too haha.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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accord01
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November 29, 2013, 07:41:21 PM
 #22

based on the 8 hour elliot waves, it is neutral trend, going to hit 1098 bitstamp, then will form 2 hr bearish wedge, and followed by side ways for 1 hr, followed by quick drop to 1080, followed by bullish wedge.
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