FlipPro (OP)
Legendary
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Activity: 1764
Merit: 1015
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January 14, 2012, 08:50:03 PM |
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WE'RE GOING TO DESTROY $7 LETS GO LETS GO LETS GO!
$.25 TO GO, LETS TAKE THESE WALLS DOWN!
So you are selling everything at $7... LOL YOU'RE NUTS IF YOU THINK I'M SELLING MY COINS AT $7!!!
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StewartJ
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January 14, 2012, 08:51:10 PM Last edit: January 14, 2012, 11:58:48 PM by StewartJ |
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Watch yourselves at $7-$7.10 mark, we have been consistently getting the Smackdown at that price range.
Fingers crossed that we will cross the $7.20 barrier this weekend.
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waspoza
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January 14, 2012, 08:51:29 PM |
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
OBV chart says theres not enough money for this yet.
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teflone
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January 14, 2012, 08:53:53 PM |
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
OBV chart says theres not enough money for this yet. Elaborate please ? A lot of the money is not visible..
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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January 14, 2012, 08:59:35 PM |
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
OBV chart says theres not enough money for this yet. Elaborate please ? A lot of the money is not visible.. We're slightly over $1.15 million on the bids side. That's the highest I've seen it since I've been watching (a few weeks). Yesterday's selling took the total bids in USD from $1.1 million down to $1.04 million.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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waspoza
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January 14, 2012, 09:00:16 PM |
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
OBV chart says theres not enough money for this yet. Elaborate please ? A lot of the money is not visible.. Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong.
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teflone
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January 14, 2012, 09:23:54 PM |
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
OBV chart says theres not enough money for this yet. Elaborate please ? A lot of the money is not visible.. Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong. I thought OBV was a reactionary measurement? as in, its only accurate after things happen? Please correct me if Im wrong, Im all ears PS, who is your profile pic ? it reminds me of Bowie
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dree12
Legendary
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Activity: 1246
Merit: 1078
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January 14, 2012, 09:24:48 PM |
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
OBV chart says theres not enough money for this yet. Elaborate please ? A lot of the money is not visible.. Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong. I thought OBV was a reactionary measurement? as in, its only accurate after things happen? Please correct me if Im wrong, Im all ears He is pointing out that a higher OBV then did not accomplish $7.2, so a lower OBV now will not do it either.
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waspoza
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January 14, 2012, 09:25:37 PM |
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He is pointing out that a higher OBV then did not accomplish $7.2, so a lower OBV now will not do it either.
Exactly.
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teflone
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January 14, 2012, 09:26:08 PM |
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
OBV chart says theres not enough money for this yet. Elaborate please ? A lot of the money is not visible.. Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong. I thought OBV was a reactionary measurement? as in, its only accurate after things happen? Please correct me if Im wrong, Im all ears He is pointing out that a higher OBV then did not accomplish $7.2, so a lower OBV now will not do it either. I know what hes saying..but my question is still the same
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M4v3R
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January 14, 2012, 09:38:07 PM |
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Most indicators don't tell you whole story until things actually happen. OBV alone isn't enough to predict that either we'll make it above $7.2 or not. A sudden movement from investor that didn't place any bids before may appear and low OBV won't stop him
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teflone
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January 14, 2012, 09:41:49 PM |
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Most indicators don't tell you whole story until things actually happen. OBV alone isn't enough to predict that either we'll make it above $7.2 or not. A sudden movement from investor that didn't place any bids before may appear and low OBV won't stop him This is the thought pattern I was thinking... And Waspoza your profile pic, from the 50's I like it too! I cant place why...
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waspoza
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January 14, 2012, 09:43:13 PM |
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I thought OBV was a reactionary measurement? as in, its only accurate after things happen? Please correct me if Im wrong, Im all ears Your right. We just need things to happen, and with bigger amount than last time.
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Serge
Legendary
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Activity: 1050
Merit: 1000
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January 14, 2012, 10:07:21 PM |
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Is anyone else thinking a breakout to 10-11 is likely next week?
possibly. i have readjusted my asks to provide little liquidity all the way from $8 to $16, below that is too risky at the moment in my non-expert opinion, i worry that 8-10 range asks may not be wise too edit: on the other hand resistance has been great this year and we may move much slower than before. but when spring gets loose anyone's guess how far it could actually shoot up
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Technomage
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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January 14, 2012, 10:16:54 PM |
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Really interesting times. This rally will define the game for the short term, if the third time is the charm and we break $7.2, we could easily see a test of $10 quite soon. But if it fails for the third time, a test of $6 is quite likely as well. I'm putting my money on $7.2 breaking this weekend and leading to imminent $8+. But we'll see
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Serge
Legendary
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Activity: 1050
Merit: 1000
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January 14, 2012, 10:21:28 PM |
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Really interesting times. This rally will define the game for the short term, if the third time is the charm and we break $7.2, we could easily see a test of $10 quite soon. But if it fails for the third time, a test of $6 is quite likely as well. I'm putting my money on $7.2 breaking this weekend and leading to imminent $8+. But we'll see the way bids are growing on mtgoxlife we maybe testing $8 this weekend
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ineededausername
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January 14, 2012, 10:21:50 PM |
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This is the deciding moment for this rally. Everyone, watch this weekend closely. Anything from $5 to $9 is possible.
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(BFL)^2 < 0
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SkRRJyTC
Legendary
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Activity: 1008
Merit: 1000
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January 14, 2012, 10:22:45 PM |
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This is the deciding moment for this rally. Everyone, watch this weekend closely. Anything from $5 to $9 is possible.
Don't just watch. Buy first Last chance for prices under $7?
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Serge
Legendary
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Activity: 1050
Merit: 1000
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January 14, 2012, 10:26:08 PM |
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This is the deciding moment for this rally. Everyone, watch this weekend closely. Anything from $5 to $9 is possible.
Don't just watch. Buy first Last chance for prices under $7? i'm trying to be a rational bull, but to answer your question: ABSOLUTELY!
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