wobber (OP)
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September 19, 2014, 01:34:31 PM |
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I do not really think that, but since the Speculation subforum turned into a trollbear factory, I created this thread to bring some optimism in. RSI shows we're a little undervalued right now. Check it:  |
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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nuff
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September 19, 2014, 01:49:36 PM |
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Don't start just yet cos I need to buy more at these prices!
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Dafar
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dafar consulting
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September 19, 2014, 01:51:57 PM |
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Doesn't matter what the charts say.... we are going down until something significant happens
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Tzupy
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September 19, 2014, 02:05:03 PM |
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Considering that market movements take much longer in this bubble than in previous ones, using the same metric (daily here)
leads to the wrong conclusion. Check the 6h chart for Bitstamp on the 2nd July 2013, which corresponds to this latest drop.
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Sometimes, if it looks too bullish, it's actually bearish
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piramida
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Borsche
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September 19, 2014, 05:33:04 PM |
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Doesn't matter what the charts say.... we are going down until something significant happens
Yeah, something significant, like going up. One thing is clear - bitcoin is drawing yet another new bubble formation, and nobody knows how it will unfold - quick and violent as it did in 2011 and 2013 or slow and certain as in 2012. |
i am satoshi
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foggyb
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September 19, 2014, 05:36:32 PM |
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Doesn't matter what the charts say.... we are going down until something significant happens
That's just like the perma-bull that says its going up no matter what. |
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wobber (OP)
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Activity: 1064
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September 19, 2014, 09:09:50 PM |
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Considering that market movements take much longer in this bubble than in previous ones, using the same metric (daily here)
leads to the wrong conclusion. Check the 6h chart for Bitstamp on the 2nd July 2013, which corresponds to this latest drop.
For me it's more like October 2013. But I make no prophecies. |
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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Wilhelm
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September 19, 2014, 09:37:06 PM |
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Trollbear factory LMAO!!! So true  |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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spazzdla
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Activity: 1722
Merit: 1000
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September 20, 2014, 12:19:38 AM |
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Could it be a deep.. DEEP FALLIN to a super rally?! HANDS OF STEEL.
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zimmah
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September 20, 2014, 03:38:12 AM |
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Don't start just yet cos I need to buy more at these prices!
few more days would be nice, could probably buy a bit more bitcoin then. |
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cypherdoc
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Activity: 1764
Merit: 1002
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September 20, 2014, 03:46:32 AM |
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RSI shows we're a little undervalued right now. Check it:
looks like the lowest its EVER been. time for a nasty snapback. |
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bitcoin carpenter
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Activity: 1582
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September 20, 2014, 04:00:42 AM |
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keep it quiet guys
I havent finished buying yet
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If your not actively using the technology behind your crypto investment,
IT IS A SCAM!!!!
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cypherdoc
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Activity: 1764
Merit: 1002
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September 20, 2014, 04:03:19 AM |
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keep it quiet guys
I havent finished buying yet
get outta my way |
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vipgelsi
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Activity: 1736
Merit: 1001
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September 20, 2014, 04:08:51 AM |
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I hope we start to move up from here slow and steady!
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cypherdoc
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September 20, 2014, 04:11:40 AM |
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slow and steady!
this is Bitcoin. |
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Bulletin
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Activity: 71
Merit: 10
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September 20, 2014, 04:59:37 AM |
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judging by the charts it should be a couple of months for the real big jump here, right ?
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Newbie1022
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September 20, 2014, 07:41:39 AM |
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Doesn't matter what the charts say.... we are going down until something significant happens
I actually agree. We might even get a reprieve and a run up to $450, but we won't break the bear market until we get another flash crash. I mean, BFX is what, $50 (and went $70) below the last flash crash's finishing price... for it to end here would be like taking a girl for a nice night out on the town and forgetting to kiss her on her doorstep. That, like a non-event bottom, happens but that doesn't make it likely. |
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Remember remember the 5th of November
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Reverse engineer from time to time
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September 20, 2014, 07:50:18 AM |
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Doesn't matter what the charts say.... we are going down until something significant happens
I actually agree. We might even get a reprieve and a run up to $450, but we won't break the bear market until we get another flash crash. I mean, BFX is what, $50 (and went $70) below the last flash crash's finishing price... for it to end here would be like taking a girl for a nice night out on the town and forgetting to kiss her on her doorstep. That, like a non-event bottom, happens but that doesn't make it likely. A lot of good things have happened to Bitcoin this year, tbh I am not sure why they did not affect the price the good way. |
BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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gog1
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September 20, 2014, 07:52:29 AM |
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a deadcat bounce and technical relief rally take us back to 450 before more dump send us down ......
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Newbie1022
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September 20, 2014, 07:54:42 AM |
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Doesn't matter what the charts say.... we are going down until something significant happens
I actually agree. We might even get a reprieve and a run up to $450, but we won't break the bear market until we get another flash crash. I mean, BFX is what, $50 (and went $70) below the last flash crash's finishing price... for it to end here would be like taking a girl for a nice night out on the town and forgetting to kiss her on her doorstep. That, like a non-event bottom, happens but that doesn't make it likely. A lot of good things have happened to Bitcoin this year, tbh I am not sure why they did not affect the price the good way. Part of it is manipulation, but the bigger thing is that the price you see on the exchange is not the present value (or not only the present value) but rather a prediction of Bitcoin's worth moving forward. So, Bitcoin is worth more, if you were conducting a standard appraisal, than it was a year ago. BUT, Bitcoin has less potential than it did a year ago (Gox, governments, regulations, competition, etc., etc.). That's how I understand it. That we've come very far. That Bitcoin has a lot of value. That it is actually increasing in value. But that value is still forward looking towards the project's longer term projects and, through that lens, we maybe know now that it won't singlehandedly change the world (as many once thought and hoped back in the run-up days) but may be a substantial contributor to a different paradigm. |
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