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Author Topic: We're flatlining again  (Read 734 times)
Dan The Man
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Primalbase


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October 28, 2011, 08:47:12 PM
 #1

What's the deal with that? For the second time in a week, the price hits a perfectly dead flat plateau. I looked through the history and couldn't find other times where it was similarly consistent for that length of time.


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Coinabul
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October 28, 2011, 08:52:27 PM
 #2

*Rubs his defibrillator pads together.*
CLEAR
*jumpstarts the bitcoin price again*

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October 28, 2011, 09:04:47 PM
 #3

What's the deal with that? For the second time in a week, the price hits a perfectly dead flat plateau. I looked through the history and couldn't find other times where it was similarly consistent for that length of time.

Oh Oh! So tomorrow someone will be cashing out again, pushing the price to 2.53. Then it'll climb again to 3.10 and then flatline again.... It's groundhog day.


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Sannyasi
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October 28, 2011, 09:09:27 PM
 #4

*Rubs his defibrillator pads together.*
CLEAR
*jumpstarts the bitcoin price again*

*hands the doc the adrenaline shot*

Hope you get er live again.....

1DxP5iL6hN5Gd3cwmDz9uFSntW8ALBQaGK

http://gamerkeys.net/common/home.htm <- the best place to get games!

my portfoio: http://windowsofamind.com
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October 28, 2011, 09:24:01 PM
 #5

What's the deal with that? For the second time in a week, the price hits a perfectly dead flat plateau. I looked through the history and couldn't find other times where it was similarly consistent for that length of time.

My guess is: since the advent of the "liquidity provision bot" (https://bitcointalk.org/index.php?topic=49910.msg594071#msg594071), day trading has become a lot more unattractive, because low volume does not move the market that much any more. Therefor everyhing is slower and, as we can see, at time, no trades happen for quite long periods.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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