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Author Topic: Back over $600 again, here we go?  (Read 6182 times)
mr angry
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August 01, 2014, 07:44:50 PM
 #21

New hedge fund opened today, and defaults are sending stocks down.  BTC set to rise?  Thoughts?

Can you post a link to the hedge fund site please?
maker88
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August 01, 2014, 09:07:41 PM
Last edit: August 01, 2014, 10:43:07 PM by maker88
 #22

New hedge fund opened today, and defaults are sending stocks down.  BTC set to rise?  Thoughts?

Can you post a link to the hedge fund site please?

Lmgtfy.com/?=GABI+bitcoin
ensurance982
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August 01, 2014, 09:11:24 PM
 #23

Up we go! Really great for a friday. Was already preparing for some end of the week dumping when the price remained stable and suddenly even went up. We gotta make it through the weekend and next week should start off with a nice 1w MACD then!

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mr angry
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August 01, 2014, 09:35:08 PM
 #24

New hedge fund opened today, and defaults are sending stocks down.  BTC set to rise?  Thoughts?

Can you post a link to the hedge fund site please?

http://Http://Lmgtfy.com/?=GABI+bitcoin

Thanks, but my browser will not load that page. Is it just me, or is anyone else having problems loading it?
Febo
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August 01, 2014, 09:50:17 PM
 #25

600 USD is strong point and will not be break so easily. It will bounce back down. Trust me.
bt lover
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August 01, 2014, 10:10:14 PM
 #26

New hedge fund opened today, and defaults are sending stocks down.  BTC set to rise?  Thoughts?

Can you post a link to the hedge fund site please?

http://Http://Lmgtfy.com/?=GABI+bitcoin

Thanks, but my browser will not load that page. Is it just me, or is anyone else having problems loading it?

That link looks wrong, here is a link to their website http://www.globaladvisors.co.uk/ and here is a news article about it http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/

The video on their website is quite informative so give it a watch.
mr angry
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August 01, 2014, 10:25:15 PM
 #27

Thanks, those links work for me.
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August 02, 2014, 01:33:20 AM
 #28

Backing off a bit the last few hours, but the rally of ~$40 was strong and impressive.  Smiley

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August 02, 2014, 04:44:50 AM
 #29

Backing off a bit the last few hours, but the rally of ~$40 was strong and impressive.  Smiley

its going to break $5xx
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August 02, 2014, 04:47:24 AM
 #30

Not this time, gents. We won't break those high 600s walls without testing the 400 lows first.
falllling
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August 02, 2014, 04:56:35 AM
 #31

Not this time, gents. We won't break those high 600s walls without testing the 400 lows first.

correct, if we will break $6xx
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August 02, 2014, 05:02:49 AM
 #32

Not this time, gents. We won't break those high 600s walls without testing the 400 lows first.

It depends really on what wall breaks first once the market decides to test a new area we might see the rate move again
Depends on the mining, adoption, sentiment and users
More retail sales and sells at market impact the market but inversely we are slowly acquiring a larger userbase to diversify coin ownership which might not immediately convert to fiat.

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DrG
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August 02, 2014, 08:39:08 AM
 #33

Where was $600 broken?  Stamp?  BTCe shows $598.5 and another slow wave down. Ride the wave.
transient858
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August 02, 2014, 10:11:27 AM
 #34

The next rally will bring the coin upward at least to 800.

No one is selling, anyone want to invest large sum will need to pay a premium.
falllling
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August 02, 2014, 10:20:00 AM
 #35

The next rally will bring the coin upward at least to 800.

No one is selling, anyone want to invest large sum will need to pay a premium.

no one? for real? why i see it's dropping with red bars everywhere then?
bomb177
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August 02, 2014, 10:43:01 AM
 #36

Where was $600 broken?  Stamp?  BTCe shows $598.5 and another slow wave down. Ride the wave.

Yes, Bitstamp showed a peak of 607$ yesterday.
crocko
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August 03, 2014, 01:10:43 PM
 #37

Just dropped to $580 again..

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August 03, 2014, 01:13:03 PM
 #38

Just dropped to $580 again..


Let's call it a weekend dip Tongue

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August 03, 2014, 01:13:52 PM
 #39

It is going to be above $600 soon, time to stock up some BTC..
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August 03, 2014, 01:44:42 PM
Last edit: August 03, 2014, 01:57:36 PM by RockHound
 #40

Not this time, gents. We won't break those high 600s walls without testing the 400 lows first.

It depends really on what wall breaks first once the market decides to test a new area we might see the rate move again
Depends on the mining, adoption, sentiment and users
More retail sales and sells at market impact the market but inversely we are slowly acquiring a larger userbase to diversify coin ownership which might not immediately convert to fiat.

Good points but with respect, I think it's just a few individuals controlling the price right now. The last ~$40 swing only took an injection of about 7000BTC on Bitstamp at an avg price of $580 that's only $4,060,000.

Whales will periodically keep injecting $4-10mil to float the price index on Bitstamp, it's easily done and not a lot (easy), money for them.


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Do you guys remember when the COMEX system was fully regulated/legal? it's now illegal but for BTC trading it's not.

Here's a little explanation on how it's done:  http://www.youtube.com/watch?feature=player_detailpage&v=Dt7hTCeoXUM#t=1518





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