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 Author Topic: Rally!!!!!  (Read 80689 times)
cytokine
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 June 01, 2012, 04:15:19 AM

N can be anything where N mod 3 = 0. The larger the number, the higher fractal degree you are dealing with.

For example 8 = fib(6), and 6 mod 3 = 0.

So we get:

5 steps forward, 3 steps back ( three times ), giving you 21 steps

then,
5 steps back, 3 steps forward, 5 steps back ( once ), giving you 13 steps

for a grand total of 34 steps

Thanks, although I can't seem to get the 21 to add up.  5 forward and 3 back is 8 steps.  If you repeat that 3 times, that's 24 steps.  Do you leave off the last 3 back to make it line up with what comes next (the 5 back, 4 forward, 5 back)?

Lol, good catch, the first one should be 5-3-5-3-5, then the next is just 5-3-5.

I'd fix it but I'm too lazy
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molecular
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 June 01, 2012, 07:41:33 PM

'cause you cleaned up your workplace?

Quick!  Everyone clean their workplace!

just did, very thoroughly, still no Magazine ;/

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molecular
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 June 01, 2012, 07:44:38 PM

Man, please let this not be a huge bubble again..

it won't be.  this will be healthy growth.

*subdued* maybe a little tiny kids-bubble. We promise to not let it get that huge again, ok pap??

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molecular
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 June 01, 2012, 07:50:34 PM

When the pendulum swings it always overshoots the equilibrium so I'm certain we'll get at very least a small bubble I just don't want it to get prolonged and blown up into an unsustainable mania like last year.

But of course the market will do what the market will do..

i actually agree with this.  it'll be interesting if this dynamic will come into play this time around though since we've already had our bubble.

it really looks a lot like the NASDAQ bubble top from 2000 with a decline and slow rise to now.

there are still plenty of skeptics around.  the economy has matured significantly since last year and like you i hope it grows more organically.

Bitcoin can FAIL at any moment OR it can become THE NEW MONEY.

The community is plentiful and diverse, the time couldn't be more right, I'm confident.

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naima53
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 June 02, 2012, 08:54:15 AM

I warned about the growth of a few pages back.

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 June 02, 2012, 02:16:19 PM

Bitcoin can FAIL at any moment OR it can become THE NEW MONEY.

I think this is the main point. Bitcoin is high-risk, but has positive expectation value because it just might appreciate in value more than tenfold just like that. With that, why would a speculator exit Bitcoin completely? If enough people realize that, it only boils down to the development of a halfway decent scaling with block chain size, and that should be possible.
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 June 03, 2012, 01:48:12 PM

Monday might be the day of the rocket. We've just experienced the first stage, getting money to the exchanges was delayed thanks to the weekend. I will be genuinely surprised if Monday/Tuesday isn't very bullish.

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 June 03, 2012, 03:03:35 PM

Monday might be the day of the rocket. We've just experienced the first stage, getting money to the exchanges was delayed thanks to the weekend. I will be genuinely surprised if Monday/Tuesday isn't very bullish.
I doubt... https://bitcointalk.org/index.php?topic=84318.0

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FreeMoney
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Strength in numbers

 June 03, 2012, 03:13:38 PM

Monday might be the day of the rocket. We've just experienced the first stage, getting money to the exchanges was delayed thanks to the weekend. I will be genuinely surprised if Monday/Tuesday isn't very bullish.

Me too, but I've been genuinely surprised almost constantly for about a year now.

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herzmeister
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 June 03, 2012, 06:58:25 PM

ok so what do those russians know what we don't know?

All data are taken from blockchain.info and bitcoinwatch.com
first interesting graph is the sum of all transactions for a day look for the year include a seven-day shows the actual participation of large purses in circulation - in other words, if you pay three pennies in your purse is still a billion of this sum will be 3 billion UAH. well, like last year's three peaks jump, Christmas, well, hell of a clear expectation of growth in which the following schedule this is only the amount that is transferred (no I want to note - an increase of the daily turnover is significantly higher increase in coins. - the daily turnover of about one order of magnitude higher than the daily turnover mtgox - can predict the increase in turnover to 500 tysch day total to powder your brain to a \$ 1 billion in annual sales (at current exchange rates). check it out so. We went on this indicator are many third world countries.

seems not much.

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rippleFanatic

 June 03, 2012, 07:05:42 PM

ok so what do those russians know what we don't know?
seems not much.

As for the bitcoin transaction stats, its well-known that the recent uptick in bitcoin transactions is due to satoshidice.

But who knows what naima53 was trying to say

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molecular
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 June 03, 2012, 07:15:57 PM

ok so what do those russians know what we don't know?
seems not much.

As for the bitcoin transaction stats, its well-known that the recent uptick in bitcoin transactions is due to satoshidice.

But who knows what naima53 was trying to say

pretty clear, I'd say: "500 tysch day total to powder your brain".

Too much powder in brain.

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molecular
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 June 05, 2012, 10:04:01 AM

hmm, mtgox: \$5.449, nice

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 June 05, 2012, 10:09:36 AM

hmm, mtgox: \$5.449, nice

Another 0.05\$ up and technically we have "reverse head and shoulders" pattern, which is one the most potent and high probability bullish patterns in TA. This basically works like a red flag on all the TA believing bulls. Meaning a quick move to 6-7\$ range, maybe higher.

For whatever it worth.

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molecular
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 June 05, 2012, 11:03:26 AM

hmm, mtgox: \$5.449, nice

Another 0.05\$ up and technically we have "reverse head and shoulders" pattern, which is one the most potent and high probability bullish patterns in TA. This basically works like a red flag on all the TA believing bulls. Meaning a quick move to 6-7\$ range, maybe higher.

For whatever it worth.

now that we have seen 5.50, can you help me see the reverse head and shoulders pattern? what timeframe should I be looking at?

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 June 05, 2012, 11:16:54 AM

daily chart, last 4 month or so.

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 June 05, 2012, 12:20:15 PM

*checks if the buckles and clips are properly attached*

Well, let's go

hazek
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 June 05, 2012, 12:26:14 PM

We need kronos ASAP to slow this madness down a bit.. before the pendulum overshoots more than necessary.

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paraipan
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 June 05, 2012, 12:38:46 PM

*checks if the buckles and clips are properly attached*

Well, let's go

Wait for me ! I'm still strapping myself onto the seat

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rippleFanatic

 June 05, 2012, 12:40:08 PM

Third time is the motherfucking charm goddamit!!

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