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Author Topic: I do not think much will happen on May 10th. I think the worst is behind us.  (Read 748 times)
bitcoinsrus (OP)
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May 07, 2014, 11:18:04 PM
Last edit: May 08, 2014, 02:12:49 PM by bitcoinsrus
 #1

There are many articles about may 10th and the whole China ban (for real this time  Cry )  Grin
But I think when the time comes, there might be a slight dip (I suspect not by too much) then back up to this range.
I would appreciate any thoughts or comments.
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MatTheCat
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May 07, 2014, 11:21:27 PM
 #2

There are many articles about may 10th and the whole China ban (for real this time  Cry )  Grin
But I think when the time comes, there might be a slight dip (by not too much) but then back up to this range.
I would appreciate any thoughts or comments.

People said that about Jan 31st.

Jan 31st came, and nothing happened.....on Jan 31st. A fair few things occurred after that however.

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Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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May 07, 2014, 11:29:04 PM
 #3

I have a feeling that price will stay this range for long time, and holding will make the price slowly go down, a miserable fading  Roll Eyes
Malin Keshar
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May 07, 2014, 11:30:47 PM
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10th people tht are waiting the 10th may news will trade again, so at least a volume increase in the markets will happen, i think
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May 07, 2014, 11:33:59 PM
 #5

10th = Nothing ...5 mins after this Volume enters the market and we will see a rise

TA 101 = Anthing know and expected means the opposite


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TERA
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May 07, 2014, 11:40:44 PM
 #6

10th = Nothing ...5 mins after this Volume enters the market and we will see a rise

TA 101 = Anthing know and expected means the opposite


What if everyone is expecting a rise on May 10, so it falls.
vitarian
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May 07, 2014, 11:43:18 PM
 #7

There are many articles about may 10th and the whole China ban (for real this time  Cry )  Grin
But I think when the time comes, there might be a slight dip (by not too much) but then back up to this range.
I would appreciate any thoughts or comments.

People said that about Jan 31st.

Jan 31st came, and nothing happened.....on Jan 31st. A fair few things occurred after that however.

And what about April 15th, and April 17th? There was supposed to be a huge drop on April 15th, when the China exchanges were supposed to close. But bitcoin dropped a little on the 13-14th (not nearly as much as most people expected), and bounced right back. At this point China is just "crying wolf." I think people are beginning to ignore them.
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May 08, 2014, 01:02:03 AM
 #8

10th = Nothing ...5 mins after this Volume enters the market and we will see a rise

TA 101 = Anthing know and expected means the opposite


What if everyone is expecting a rise on May 10, so it falls.

I totally agree with you .... whatever the collective sentiment is we will move in the oppoisite direction with so well advertised and expectation on this date etc

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