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Author Topic: Price will likely keep moving up today.  (Read 992 times)
Rassah
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September 07, 2011, 06:39:50 PM
 #1

By tonight, my Dwolla deposit should finally clear, meaning I should finally be able to make my next Bitcoin purchase. If the trend that I have seen since May continues, specifically that the price drops while I'm waiting for the transfer to complete, and then goes way up as I'm finally able to make a purchase, then expect the price of Bitcoin to continue going up until at least Tomorrow.
My next Bitcoin purchase will happen on Friday of next week, so I guess the price will drop considerable early next week, just to taunt me while I'm waiting for my money to clear again, and will go up again by Friday.
The universe wants me to buy high it seems. I also believe my analisys is at least as accurate at predicting trends as price charts.

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September 07, 2011, 06:41:49 PM
 #2

its a game of patience.  it goes up and comes back down.  you always need to have your money ready for the right time to pull the trigger.

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September 07, 2011, 06:47:53 PM
 #3

its a game of patience.  it goes up and comes back down.  you always need to have your money ready for the right time to pull the trigger.

I've found its almost impossible to predict whether it's about to shoot up, or tank again. Used to be weekends were always down. Even that is no longer true. So I just buy when i can.

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September 07, 2011, 06:58:37 PM
 #4

it's like predicting a pitch in baseball. Sometimes you see it come. Some times you hit it out of the park. Sometimes you get it right in the nuts
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September 07, 2011, 07:01:14 PM
 #5

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

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Rassah
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September 07, 2011, 07:22:17 PM
 #6

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

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September 07, 2011, 07:25:54 PM
 #7

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

FUD.
smoothie
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September 07, 2011, 07:40:37 PM
 #8

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

Long term trend lines on the chart.

"wild"? Your prediction is for a single day, hardly a wild prediction.

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Rassah
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September 07, 2011, 07:56:34 PM
 #9

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

Long term trend lines on the chart.

"wild"? Your prediction is for a single day, hardly a wild prediction.

By "wild" I mean based on the idea that the market somehow knows when i buy, and is trying to screw me. I.e. my wild prediction is based on BS. Just like any predictions based on historical trendlines.

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September 07, 2011, 08:04:54 PM
 #10

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

Bad luck? You were the one who declared that you would buy regardless of prices. It wasn't bad luck, dude.

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Rassah
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September 07, 2011, 08:40:31 PM
 #11

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

Bad luck? You were the one who declared that you would buy regardless of prices. It wasn't bad luck, dude.

It's bad luck only in the sense that I get to stare at low prices with envy, while my bank is holding my money, and never get a chance to buy at the crazy low prices. I initiated my Dwolla deposit last week, but thanks to the US holidays, am completely missing out on the low $6 price of the last few days.

smoothie
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September 07, 2011, 08:43:11 PM
 #12

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

Long term trend lines on the chart.

"wild"? Your prediction is for a single day, hardly a wild prediction.

By "wild" I mean based on the idea that the market somehow knows when i buy, and is trying to screw me. I.e. my wild prediction is based on BS. Just like any predictions based on historical trendlines.

There is more credence to trendlines than your wild prediction based on BS.

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smoothie
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September 07, 2011, 08:44:17 PM
 #13

I predict that the rest of this month will be an overall of falling prices.

Bottom likely $2 to $4.50 for this month.

My prediction, as wild as it is, is based on 3 months of consistent bad luck. What is yours based on?

Bad luck? You were the one who declared that you would buy regardless of prices. It wasn't bad luck, dude.

It's bad luck only in the sense that I get to stare at low prices with envy, while my bank is holding my money, and never get a chance to buy at the crazy low prices. I initiated my Dwolla deposit last week, but thanks to the US holidays, am completely missing out on the low $6 price of the last few days.

My suggestion to you is hold your money for a week or two and watch as the price goes down further. Patience is needed to execute good trades.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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