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Author Topic: Falllling is right again, Bitcoin will continue the downtrend  (Read 41752 times)
Undefeatable
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August 22, 2014, 02:28:34 AM
 #221

Dropping to $350 is impossible, the price is now above $500 and it should stay, I suspect that bull run is coming..

AdamSmith
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August 22, 2014, 02:47:29 AM
 #222

Dropping to $350 is impossible, the price is now above $500 and it should stay, I suspect that bull run is coming..

The price did drop to 310 just a few days ago.

There were higher price fluctuation in the old days and it wasn't long ago when price went up 1200 and drop to 300 in less than a month. So, dropping to 350 is not only impossible but likely.
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August 22, 2014, 03:00:35 AM
 #223

Dropping to $350 is impossible, the price is now above $500 and it should stay, I suspect that bull run is coming..

The price did drop to 310 just a few days ago.

There were higher price fluctuation in the old days and it wasn't long ago when price went up 1200 and drop to 300 in less than a month. So, dropping to 350 is not only impossible but likely.

 Did you mean to say "Not only possible but likely"?
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August 22, 2014, 03:03:23 AM
 #224

Of course if it does just keep going up from here, and we never see such low prices ever again, then not buying in on "dead cat bounces" will be the mistake of a lifetime.
falllling (OP)
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August 22, 2014, 04:03:12 AM
 #225

it seems like the dead cat bounce has reached it's end, ready for the crash?
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August 22, 2014, 05:16:08 AM
 #226

it seems like the dead cat bounce has reached it's end, ready for the crash?

It's going to crash up!.  You forgot that little detail again failllling.   PS: quit being such a scammer!
maker88
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August 22, 2014, 12:02:58 PM
 #227

Dropping to $350 is impossible, the price is now above $500 and it should stay, I suspect that bull run is coming..

The price did drop to 310 just a few days ago.

There were higher price fluctuation in the old days and it wasn't long ago when price went up 1200 and drop to 300 in less than a month. So, dropping to 350 is not only impossible but likely.

it dropped to 310 on one exchange for like 5 minutes, because of a 6000 coin market sell dump. no other exchange made it past 400. just saying.
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August 22, 2014, 03:09:00 PM
 #228

it dropped to 310 on one exchange for like 5 minutes, because of a 6000 coin market sell dump. no other exchange made it past 400. just saying.

+1 If I sold you a bitcoin today for $100, it would not make the price of a bitcoin $100. There is no official price of bitcoin. Each bitcoin peer makes their own deal, the price is about $500. You may get one cheaper or you may have to pay more.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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August 22, 2014, 03:23:05 PM
 #229

After the little drop seems that the price is going up again today, I don't see any $350 values in the near future.

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August 22, 2014, 06:15:52 PM
 #230

It won't drop lower than 490 this weekend. Then it'll rebound to the 520ish range by the middle of next week.
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August 23, 2014, 06:31:28 AM
 #231

it dropped to 310 on one exchange for like 5 minutes, because of a 6000 coin market sell dump. no other exchange made it past 400. just saying.

+1 If I sold you a bitcoin today for $100, it would not make the price of a bitcoin $100. There is no official price of bitcoin. Each bitcoin peer makes their own deal, the price is about $500. You may get one cheaper or you may have to pay more.
This is technically true, however this is also true for the stock market, and the price on the NYSE/Nasdaq is generally considered to be an "official" price as those exchange have the most volume. In my experience, most traders will use the bitstamp price to base the amount of BTC/cash being transacted as it has the most volume. There is also the BTC index that is run by the twins that tried to steal FB from zuccerburg.
falllling (OP)
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August 23, 2014, 10:10:23 AM
 #232

It won't drop lower than 490 this weekend. Then it'll rebound to the 520ish range by the middle of next week.

drop your hope!
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August 23, 2014, 10:15:08 AM
 #233

It won't drop lower than 490 this weekend. Then it'll rebound to the 520ish range by the middle of next week.

drop your hope!

Bitstamp: 500.5 BTC-e: 498 Bitfinex: 504.94 Huobi: 499.33/3071.6

All of them are higher than 490 , so you should either drop de... or shut up Smiley.

Btw , is this your new account Igorrr?


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August 23, 2014, 10:18:39 AM
 #234

The most important aspect of your chart is that a 1700+ btc market sell is only moving the price down $10-12.

The rigidity is very high right now. Whenever the bears try to drop the price there is a someone waiting (presumably with a bot) gobbling it all up.
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August 23, 2014, 10:41:17 AM
 #235

The most important aspect of your chart is that a 1700+ btc market sell is only moving the price down $10-12.

The rigidity is very high right now. Whenever the bears try to drop the price there is a someone waiting (presumably with a bot) gobbling it all up.

The battle of bear vs bull.

Check out the photo on the page:

http://latestnewslink.com/2012/08/bull-vs-bear-where-the-battle-stands-right-now/
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August 23, 2014, 10:51:26 AM
 #236

Im buying all the way down to anything, I dont care if it goes to 0. infinite 0's then 1. When we are back to 1k I will enjoy how you stop posting around just to not admit the butthurt.

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August 23, 2014, 11:08:03 AM
 #237

There is also the BTC index that is run by the twins that tried to steal FB from zuccerburg.

From what I gather from the movie 'The Social Network', an alternative view does exist.  Tongue
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August 23, 2014, 11:56:13 AM
 #238

Im buying all the way down to anything, I dont care if it goes to 0. infinite 0's then 1. When we are back to 1k I will enjoy how you stop posting around just to not admit the butthurt.

You will run out of money before it hit the rock bottom price range.

This strategy you mention here is very similar to martingale betting, which proven not to work.
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August 23, 2014, 11:59:24 AM
 #239

Im buying all the way down to anything, I dont care if it goes to 0. infinite 0's then 1. When we are back to 1k I will enjoy how you stop posting around just to not admit the butthurt.

You will run out of money before it hit the rock bottom price range.

This strategy you mention here is very similar to martingale betting, which proven not to work.

correct, this not gonna work
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August 23, 2014, 12:16:59 PM
 #240

Im buying all the way down to anything, I dont care if it goes to 0. infinite 0's then 1. When we are back to 1k I will enjoy how you stop posting around just to not admit the butthurt.

If it does stabilize at $100, you would have put in a lot of money for nothing.  Tongue
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