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Author Topic: ready for faceplant?  (Read 1222 times)
kwukduck
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January 09, 2012, 11:53:27 AM
 #1

Are you prepared? Almost no bid, a lot of offer.
I expect prices to fall further down then we've seen for the past year, im thinking around $0.70 within a week.

Any fool hasn't sold yet?

i've been buying again at 3.20 and sold it all at 6.8, waiting for the sky to fall to rebuy Smiley

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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GeniuSxBoY
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January 09, 2012, 11:55:15 AM
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Don't brag. A lot of good people are losing their ass right now  Shocked

proudhon
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January 09, 2012, 12:02:25 PM
 #3

It looks like somebody is working real hard to force a long squeeze.
somestranger
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January 09, 2012, 12:06:18 PM
 #4

Ugh. They were successful. I got zhoutonged.
proudhon
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January 09, 2012, 12:07:42 PM
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Ugh. They were successful. I got zhoutonged.

I'm still waiting for my Zhoutonging.

Technomage
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January 09, 2012, 12:12:59 PM
 #6

I think this correction is very healthy. People are not yet ready to buy at $7+. I for one am thrilled for the possibility of still getting coins at $5.x which seems likely at this point. Or even at low $6.x.

This correction will reverse very quickly once it hits the $5.x area. Hopefully I can get some cheap ones before it's too late.

Denarium - Leading Physical Bitcoin Manufacturer - Gold Parity Coin Batch #2 NOW FOR SALE!
SaintFlow
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January 09, 2012, 12:13:31 PM
 #7

this is not over yet - all the guys that are now asleep might not enjoy their morning coffee

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the lurking ends
GeniuSxBoY
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January 09, 2012, 12:16:27 PM
 #8

I'm predicting high $4s as the stopping point.


Hot potato.

waspoza
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January 09, 2012, 12:17:31 PM
 #9

This correction will reverse very quickly once it hits the $5.x area. Hopefully I can get some cheap ones before it's too late.

Same here.
Nesetalis
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January 09, 2012, 12:22:44 PM
 #10

it is too late :p
it already rebounded up to 6.4 in less than 10 minutes. Market is strong today it seems.

ZOMG Moo!
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January 09, 2012, 12:36:58 PM
 #11

Sold at $7.20

I figured that all of the new activity would bring in the weekend lull as new investors get the realization of no new money coming in while the banks are closed.

It usually picks up again Monday toward the end of the business day.

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