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Author Topic: What will happen tomorrow? Tuesday 22 April. First bankday after easter  (Read 1938 times)
NationOwnedCCNow
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April 22, 2014, 10:57:53 AM
 #21

Nothing "happened". I am surprised to be honest. Thought there would be a bit of action upwards or whatever but seems to be just as dull as any sunday thats passed..

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April 22, 2014, 11:05:03 AM
 #22

Nothing "happened". I am surprised to be honest. Thought there would be a bit of action upwards or whatever but seems to be just as dull as any sunday thats passed..

It usually is a bad sign when volume is that low on a Tuesday.
$400 here you come Weeeeeee..

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April 22, 2014, 11:15:28 AM
 #23

Nothing "happened". I am surprised to be honest. Thought there would be a bit of action upwards or whatever but seems to be just as dull as any sunday thats passed..

It usually is a bad sign when volume is that low on a Tuesday.
$400 here you come Weeeeeee..
Yes 'usually'.  But this Tuesday is unusual because many people are still occupied with Easter.


 
 
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NationOwnedCCNow
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April 22, 2014, 12:08:16 PM
 #24

Yeah, this tuesday is a monday. So, let's see tomorrah Smiley

Ibian
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April 22, 2014, 12:11:12 PM
 #25

The real answer is that the banking system does not move at the speed of the internet. Anyone who wants to buy has to wait a few days for fiat to arrive.

There is no bubble.
John999
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April 22, 2014, 12:22:49 PM
 #26

Not much interest in bitcoin lately it seems:

http://www.google.com/trends/explore#q=Bitcoin&date=today%2012-m&cmpt=q

http://www.google.com/trends/explore#q=Buy%20bitcoin&date=today%2012-m&cmpt=q

http://www.google.com/trends/explore#q=Bitstamp&date=today%2012-m&cmpt=q
chessnut
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April 22, 2014, 12:29:57 PM
 #27


This is a GREAT sentiment/contrarian indicator!

rohnearner
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April 22, 2014, 01:14:16 PM
 #28

I guess depends on market more than market depends on these trends..! i mean to say if bitcoin goes up to new ATH the more people will search the term and the chart will go up like it shows in last November.

njcarlos
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April 22, 2014, 01:56:40 PM
 #29

Interest in BTC will return when it dips below $200-300. It's been exposed well enough that CNBC and FOXBusiness were reporting on price movement daily. If we're having a hard time keeping up $500 with the exposure BTC has had over the last 12 months, you better believe the interest from small money has sufficiently dried up. And that's scary, trust me. Before the rally, most people never heard of BTC. I would say that has completely inverted and yet, still we are entirely dependent on action from China to sustain current valuations.
zimmah
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April 22, 2014, 02:35:00 PM
 #30

Interest in BTC will return when it dips below $200-300. It's been exposed well enough that CNBC and FOXBusiness were reporting on price movement daily. If we're having a hard time keeping up $500 with the exposure BTC has had over the last 12 months, you better believe the interest from small money has sufficiently dried up. And that's scary, trust me. Before the rally, most people never heard of BTC. I would say that has completely inverted and yet, still we are entirely dependent on action from China to sustain current valuations.

give it some time, when i first heard about bitcoin i didn't invest in it immediately either, and pretty much noone does.

It takes a while to realize the potential, and then it takes a while to realize you should not wait too long with buying.
njcarlos
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April 22, 2014, 03:09:41 PM
 #31

It takes a while to realize the potential, and then it takes a while to realize you should not wait too long with buying.
That might have been true during the run up, but when you have 5-6 months of downward trajectory the sentiment becomes "wait and see how low it goes," not "I better get in before this reaches a new ATH."
NationOwnedCCNow
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April 22, 2014, 03:52:54 PM
 #32

It takes a while to realize the potential, and then it takes a while to realize you should not wait too long with buying.
That might have been true during the run up, but when you have 5-6 months of downward trajectory the sentiment becomes "wait and see how low it goes," not "I better get in before this reaches a new ATH."

At the same time though, when People see its going up just a few days in a row People will rush to the door to get in. All it needs is a trigger.

njcarlos
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April 22, 2014, 04:18:23 PM
 #33

Not likely. These past "rallies" have been short-lived, which indicates to me this valuation is hardly considered "cheap" as some might say.
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