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Author Topic: $520 Breakout  (Read 2048 times)
blatchcorn (OP)
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April 16, 2014, 05:37:31 AM
 #1

Its happened.

Who is panic buying?
Mythul
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April 16, 2014, 05:40:36 AM
 #2

Since we all know we will hit $1000 again, panic buying has already started.

I mean 2 x China bans + Mt. Gox fiasco and the price stabilizes at $500 is a big bullish sign !
YipYip
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April 16, 2014, 05:54:38 AM
 #3

Since we all know we will hit $1000 again, panic buying has already started.

I mean 2 x China bans + Mt. Gox fiasco and the price stabilizes at $500 is a big bullish sign !

We just broke the 520-540 downtrend resistance

ALL ABOARD !!

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Ibian
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April 16, 2014, 06:04:55 AM
 #4

MOO(n).

Look inside yourself, and you will see that you are the bubble.
atp1916
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April 16, 2014, 06:11:40 AM
 #5

As i've said earlier, prices will slowly climb back up to that 750-850 mark.  It will be a nice patient upward tilt right back up to where the price was at before Gox blew up...and then it will sit there.   

Recline on the BTCTalk backporch and listen to the bad news bears moan and groan in the tears of their sub $400 dumps.  Grin
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April 16, 2014, 06:18:29 AM
 #6

As i've said earlier, prices will slowly climb back up to that 750-850 mark.

It will be a nice patient upward tilt right back up to where the price was at before Gox blew up...and then it will sit there.

Lets see ..i think you may be wrong but we all need some good news and confidence back into the market ...

Fundamentals are awesome ...& a lot of VC cap going into infrastructure

We will retract a little bit from profit taking but it has been a good day Cheesy

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koryu
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April 16, 2014, 06:19:06 AM
 #7

catched the falling knife already on its way down, no more fiat for buying, otherwise i would have bought more Cheesy

chooo chooo
atp1916
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April 16, 2014, 06:21:03 AM
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As i've said earlier, prices will slowly climb back up to that 750-850 mark.

It will be a nice patient upward tilt right back up to where the price was at before Gox blew up...and then it will sit there.

Lets see ..i think you may be wrong but we all need some good news and confidence back into the market ...

Fundamentals are awesome ...& a lot of VC cap going into infrastructure

We will retract a little bit from profit taking but it has been a good day Cheesy

I can certainly forsee more FUD coming out of China, and if that is the case, we'll be right back in that nasty yo-yo in the 300-400 range.

Either way, this steady incline even with the threat of China indicates the seriousness and willingness of investors get Bitcoin back on track and heading in the right direction.
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April 16, 2014, 06:36:41 AM
 #9

China is the boy who cried wolf. Eventually the market will get tired of it and kick it in the teeth.

Look inside yourself, and you will see that you are the bubble.
lv0
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April 16, 2014, 06:36:48 AM
 #10

Glad I got in at a good price earlier! If you missed buying at <$400 it isn't too late since even $520 will seem extremely cheap soon.
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April 16, 2014, 07:41:18 AM
 #11

Glad I got in at a good price earlier! If you missed buying at <$400 it isn't too late since even $520 will seem extremely cheap soon.

If it goes up like now we'll have $600 tomorrow, buy buy buy...
DubFX
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April 16, 2014, 07:51:05 AM
 #12

Glad I got in at a good price earlier! If you missed buying at <$400 it isn't too late since even $520 will seem extremely cheap soon.

If it goes up like now we'll have $600 tomorrow, buy buy buy...
You could profit more than 160$ if you bought 2 days ago so i think it's kinda nice. You still haven't missed the train thought Wink
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April 16, 2014, 08:01:09 AM
 #13

BTC is higher almost every time I check.  Smiley

DubFX
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April 16, 2014, 08:04:58 AM
 #14

BTC is higher almost every time I check.  Smiley
Yep currently 540$ on bitstamp!
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April 16, 2014, 08:08:52 AM
 #15

For me, breaking above 590 is a very bullish sign, although I agree it is already pretty bullish.

Daily log scale chart
Equate
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April 16, 2014, 08:09:18 AM
 #16

$543 on bitstamp
YipYip
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April 16, 2014, 08:22:42 AM
 #17

For me, breaking above 590 is a very bullish sign, although I agree it is already pretty bullish.

Daily log scale chart


my charts had the top of the resistance @ 540 ...but its all good Cheesy

Yours and mine .....BRING DOWN THE WALLS ...off resistance Cheesy

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counter
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April 16, 2014, 09:14:11 AM
 #18

Its happened.

Who is panic buying?

I find myself stuck to my seat panic watching wishing I had the funds right now to buy in..  Kind of sucks waiting for money when u need it now !
Malin Keshar
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April 16, 2014, 09:15:38 AM
 #19

511 now
yenom
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April 16, 2014, 09:29:43 AM
 #20

511 now

People you really don't need to keep quoting the price, the internet is quite good at doing that with many options for people to find it.
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