cypherdoc (OP)
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Activity: 1764
Merit: 1002
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January 18, 2012, 07:33:02 PM |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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damnek
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January 18, 2012, 07:34:12 PM |
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Cool. I was looking forward to a new post on your blog. Keep 'em coming!
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waspoza
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January 18, 2012, 07:35:57 PM |
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I hope you right.  |
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Mushoz
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January 18, 2012, 07:42:59 PM |
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Nice blogpost! One thing: You mentioned the deleveraging at Bitcoinica, but the * is back at the buy button, which implies there are way too many longs again. What's your view on this situation? Thanks |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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cypherdoc (OP)
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January 18, 2012, 07:47:54 PM |
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Nice blogpost! One thing: You mentioned the deleveraging at Bitcoinica, but the * is back at the buy button, which implies there are way too many longs again. What's your view on this situation? Thanks i think this has ceased to become a reliable indicator either way (meaning price rise or drop). thats b/c everyone knows about it already. |
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proudhon
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Merit: 1311
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January 18, 2012, 07:59:53 PM |
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Nice blogpost! One thing: You mentioned the deleveraging at Bitcoinica, but the * is back at the buy button, which implies there are way too many longs again. What's your view on this situation? Thanks i think this has ceased to become a reliable indicator either way (meaning price rise or drop). thats b/c everyone knows about it already. I think it means we're going to see some more deleveraging. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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January 18, 2012, 08:05:51 PM |
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Nice blogpost! One thing: You mentioned the deleveraging at Bitcoinica, but the * is back at the buy button, which implies there are way too many longs again. What's your view on this situation? Thanks i think this has ceased to become a reliable indicator either way (meaning price rise or drop). thats b/c everyone knows about it already. I think it means we're going to see some more deleveraging. dead bodies strewn around the landscape on high volume usually means a reversal. in this situation, the * on the Buy side should mean we're going up. |
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Mushoz
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January 18, 2012, 08:09:15 PM |
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Nice blogpost! One thing: You mentioned the deleveraging at Bitcoinica, but the * is back at the buy button, which implies there are way too many longs again. What's your view on this situation? Thanks i think this has ceased to become a reliable indicator either way (meaning price rise or drop). thats b/c everyone knows about it already. I think it means we're going to see some more deleveraging. dead bodies strewn around the landscape on high volume usually means a reversal. in this situation, the * on the Buy side should mean we're going up. Yeah, but we saw high volume which pushed us down from the uptrend from the weeks/months before. Doesn't a reversal then mean we're going down instead of up in that case? |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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cypherdoc (OP)
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January 18, 2012, 08:13:32 PM |
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Nice blogpost! One thing: You mentioned the deleveraging at Bitcoinica, but the * is back at the buy button, which implies there are way too many longs again. What's your view on this situation? Thanks i think this has ceased to become a reliable indicator either way (meaning price rise or drop). thats b/c everyone knows about it already. I think it means we're going to see some more deleveraging. dead bodies strewn around the landscape on high volume usually means a reversal. in this situation, the * on the Buy side should mean we're going up. Yeah, but we saw high volume which pushed us down from the uptrend from the weeks/months before. Doesn't a reversal then mean we're going down instead of up in that case? what i'm referring to is the high volume on the downstroke yesterday usually means capitulation and the end of corrective wave 2. we should now be free to resume the primary uptrend. |
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Mushoz
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January 18, 2012, 08:14:52 PM |
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Nice blogpost! One thing: You mentioned the deleveraging at Bitcoinica, but the * is back at the buy button, which implies there are way too many longs again. What's your view on this situation? Thanks i think this has ceased to become a reliable indicator either way (meaning price rise or drop). thats b/c everyone knows about it already. I think it means we're going to see some more deleveraging. dead bodies strewn around the landscape on high volume usually means a reversal. in this situation, the * on the Buy side should mean we're going up. Yeah, but we saw high volume which pushed us down from the uptrend from the weeks/months before. Doesn't a reversal then mean we're going down instead of up in that case? what i'm referring to is the high volume on the downstroke yesterday usually means capitulation and the end of corrective wave 2. we should now be free to resume the primary uptrend. I'm quite new to all this, but it sounds good  |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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cypherdoc (OP)
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January 18, 2012, 08:15:01 PM |
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up goes the Dow. good sign.
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cypherdoc (OP)
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January 18, 2012, 08:26:19 PM |
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cypherdoc (OP)
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January 19, 2012, 01:55:53 AM |
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ho hum.
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