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Author Topic: Which happens 1st: over 5 dollars or under 4 dollars?  (Read 2284 times)
randomusername8236 (OP)
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December 20, 2011, 06:02:55 AM
 #1

Opinions?
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FlipPro
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December 20, 2011, 06:03:42 AM
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Double digits. Stop thinking in single digits. This whip is way to strong. IF the move to 4 didn't teach you anything, then I don't know what will.
randomusername8236 (OP)
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December 20, 2011, 06:07:10 AM
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I made money on the rise in prices earlier today. But do you really think that it is going to continue to go straight up?
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December 20, 2011, 06:07:53 AM
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I made money on the rise in prices earlier today. But do you really think that it is going to continue to go straight up?

No.  Sometimes it will go down briefly.

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enygma
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December 20, 2011, 06:08:04 AM
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The hoarder in me wants to see it jump and jump quickly to double digit numbers, but the trader in me wants to see the current level of volatility continue... but between $3.50 and $4.50... Wink

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December 20, 2011, 06:09:31 AM
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https://bitcointalk.org/index.php?topic=1493.msg655006#msg655006
randomusername8236 (OP)
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December 20, 2011, 06:39:35 AM
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Thanks for the link Smiley
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December 20, 2011, 07:21:00 AM
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What will happen first?  Under 4, for sure.  Over 5?  Maybe after the dive.  Hitting 6?  Not with the big trader's bag of tricks.
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December 20, 2011, 07:29:01 AM
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What will happen first?  Under 4, for sure.  Over 5?  Maybe after the dive.  Hitting 6?  Not with the big trader's bag of tricks.
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December 20, 2011, 10:44:55 AM
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We went under 4$ due to a small sell-off. We're above 4$ again though. I'm wondering whether that wall at 3,90$ is going to keep us above the 3,9$ mark for consolidation or if we're going to retrace to 3,60-3,70ish before going higher again. Interesting times indeed.

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December 20, 2011, 11:08:32 AM
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What will happen first?  Under 4, for sure.  Over 5?  Maybe after the dive.  Hitting 6?  Not with the big trader's bag of tricks.


Downer?  More like accurate.  I don't control the market.
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December 20, 2011, 11:11:31 AM
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What will happen first?  Under 4, for sure.  Over 5?  Maybe after the dive.  Hitting 6?  Not with the big trader's bag of tricks.


Downer?  More like accurate.  I don't control the market.
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December 20, 2011, 11:12:47 AM
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You do?  Great.  Where is the price heading to from here so I can place my bets?
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December 20, 2011, 11:53:22 AM
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It won't go straight up but once a reversal this strong happens the market sentiment will go through the roof. There will be corrections as always but now we are going up again. And not just short term.

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December 20, 2011, 12:01:29 PM
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Yeah, this is insane. It's too soon to tell yet, but we seem to be consolidating just above 4$, which isn't that far off from the high of 4,50. Consolidating close to highs is a bullish sign and is quite insane after such a big % increase in prices. Short term corrections are usually much more common then. Also there doesn't seem to be building up any selling pressure. It's only ~20k ish BTC to the 5$ mark.

Interesting and volatile times ahead  Grin

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December 20, 2011, 03:05:09 PM
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You do?  Great.  Where is the price heading to from here so I can place my bets?

is that Zhoutawng?
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December 20, 2011, 03:24:55 PM
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Yeah, this is insane. It's too soon to tell yet, but we seem to be consolidating just above 4$, which isn't that far off from the high of 4,50. Consolidating close to highs is a bullish sign and is quite insane after such a big % increase in prices. Short term corrections are usually much more common then. Also there doesn't seem to be building up any selling pressure. It's only ~20k ish BTC to the 5$ mark.

Interesting and volatile times ahead  Grin

It's now ~40k BTC to $5, which I think is a good thing.

Bitcoin Fact: the price of bitcoin will not be greater than $18k for more than 10 consecutive days at any point in the next 2 years.
terrytibbs
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December 20, 2011, 03:28:37 PM
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is that Zhoutawng?
oh yeah fo sho
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December 20, 2011, 03:31:09 PM
 #19

>5 !!!!!!
notme
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December 20, 2011, 03:34:00 PM
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>5 !!!!!!

Wrong, we already went under 4.

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