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Author Topic: Well that didn't last long...  (Read 4303 times)
MF Doom (OP)
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November 13, 2014, 07:45:40 PM
 #1

Price is going back down quickly, seems like bitcoin cant sustain price growth or higher price levels.  The downtrend seems to still be in tact.  Was it just another fake pump?
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frienemy
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November 13, 2014, 07:47:44 PM
 #2

3-day chart + 8% --> DOOMDOOMDOOM Tongue

MCTRL_751 >   END OF LINE
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November 13, 2014, 07:49:00 PM
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You realise Bitcoins are created every 10 mins, meaning a stable price is quite an achievement at this very early stage.
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November 13, 2014, 07:49:03 PM
 #4

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend
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November 13, 2014, 08:00:13 PM
 #5

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time


I agree, we could even go as low as 2xx or higher than 6xx in just 2-3 weeks... But right now it's too early to tell
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November 13, 2014, 08:04:44 PM
 #6

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

Great perspective. It's too easy to get carried away. Most people think this way as well. It's why we keep getting hammered down and can't grow. Anyone want to call the bottom for this downward channel we've been in for a long time?

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November 13, 2014, 08:06:41 PM
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Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

We're +3200% higher than 2 years ago.

Wanna compare arbitrary timeframes?

MCTRL_751 >   END OF LINE
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November 13, 2014, 08:09:47 PM
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It is one of those Chinese driven buying - I am still not convinced the downtrend is over.
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November 13, 2014, 08:39:25 PM
 #9

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

We're +3200% higher than 2 years ago.

Wanna compare arbitrary timeframes?

yeah +1 this.

we're $415 or %Infinity higher that 5 years ago, too. how is this important? the local bottom is in, whether your bearish heads like it or not.

i am satoshi
Aterna
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November 13, 2014, 08:41:12 PM
 #10

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

We're +3200% higher than 2 years ago.

Wanna compare arbitrary timeframes?

yeah +1 this.

we're $415 or %Infinity higher that 5 years ago, too. how is this important? the local bottom is in, whether your bearish heads like it or not.

Like it or not? People have been calling the bottom every day since $1200 - $280. Saying this time you're right is ridiculous.

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November 13, 2014, 08:58:53 PM
 #11

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

We're +3200% higher than 2 years ago.

Wanna compare arbitrary timeframes?

yeah +1 this.

we're $415 or %Infinity higher that 5 years ago, too. how is this important? the local bottom is in, whether your bearish heads like it or not.

Like it or not? People have been calling the bottom every day since $1200 - $280. Saying this time you're right is ridiculous.

Yep, MANY have been calling the bottom at 1200 Grin
The bottom might well be in, it's at least unlikely to drop much further than 270. Saying Bitcoin is in a permanent downtrend and will never recover, however, is more ridiculous

MCTRL_751 >   END OF LINE
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November 13, 2014, 09:01:47 PM
 #12

3-day chart + 8% --> DOOMDOOMDOOM Tongue

right on! very real volume (buy/sell doesn't matter) it's still increasing : )

$475-525 is next target, don't think we'll be heading back down $325 range anytime soon, could be wrong?
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November 13, 2014, 09:09:41 PM
 #13

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

Correct, lol at the guy above me that thinks 475+ is achievable. Greed will slaughter all you pigs!  Cry
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November 13, 2014, 09:19:15 PM
 #14

Awesome thread title, my thoughts exactly.  It will be interesting to see where the selling started.  I'm still think it's possible some exchanges are just adding shadow bitcoins to their accounts to sell.  Of course, the conspiracy may be more comforting than the truth....
MF Doom (OP)
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November 13, 2014, 09:31:05 PM
 #15

Awesome thread title, my thoughts exactly.  It will be interesting to see where the selling started.  I'm still think it's possible some exchanges are just adding shadow bitcoins to their accounts to sell.  Of course, the conspiracy may be more comforting than the truth....

yeah I considered buying some this week, but then realized by the time I got my hands on the coins (coinbase takes forever) they would be back down.  oh well, hopefully some made a profit in the short window of opportunity
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November 13, 2014, 09:33:38 PM
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Awesome thread title, my thoughts exactly.  It will be interesting to see where the selling started.  I'm still think it's possible some exchanges are just adding shadow bitcoins to their accounts to sell.  Of course, the conspiracy may be more comforting than the truth....

yeah I considered buying some this week, but then realized by the time I got my hands on the coins (coinbase takes forever) they would be back down.  oh well, hopefully some made a profit in the short window of opportunity

Same boat myself. Are you waiting for 380-360, or to see if 400 is a floor? I'm still holding out for a repeat of sub $300 coins.

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November 13, 2014, 09:41:27 PM
 #17

Awesome thread title, my thoughts exactly.  It will be interesting to see where the selling started.  I'm still think it's possible some exchanges are just adding shadow bitcoins to their accounts to sell.  Of course, the conspiracy may be more comforting than the truth....

yeah I considered buying some this week, but then realized by the time I got my hands on the coins (coinbase takes forever) they would be back down.  oh well, hopefully some made a profit in the short window of opportunity

Same boat myself. Are you waiting for 380-360, or to see if 400 is a floor? I'm still holding out for a repeat of sub $300 coins.

Sub $300 coins will very soon... Watch after this weekend  Lips sealed
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November 13, 2014, 09:42:41 PM
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Awesome thread title, my thoughts exactly.  It will be interesting to see where the selling started.  I'm still think it's possible some exchanges are just adding shadow bitcoins to their accounts to sell.  Of course, the conspiracy may be more comforting than the truth....

yeah I considered buying some this week, but then realized by the time I got my hands on the coins (coinbase takes forever) they would be back down.  oh well, hopefully some made a profit in the short window of opportunity

Same boat myself. Are you waiting for 380-360, or to see if 400 is a floor? I'm still holding out for a repeat of sub $300 coins.

Sub $300 coins will very soon... Watch after this weekend  Lips sealed

Oh wow, that's pretty early. Do you think the shock of still being in a downtrend is going to cause a massive sell off that soon?

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November 13, 2014, 09:47:42 PM
Last edit: November 13, 2014, 09:57:51 PM by Addition
 #19

Well we are still +15%  compared to last week. I can handle a coin which "just" grow 15% a week. Wait we go below 370 to announce the resume of the downtrend

Remind you that we are currently

$10   lower than $410 at one month ago
$120 lower than $520 at three months ago
$250 lower than $650 at six months ago
$400 lower than $800 at ten months ago

This could be a bull trap, another new low sub-$300 can happen in any time

Correct, lol at the guy above me that thinks 475+ is achievable. Greed will slaughter all you pigs!  Cry

Seeing that we were at $453 Stamp $460 Finex less than 16Hrs ago, how is $475 not achievable?

Actually, just reviewed your previous posts Cheesy Fair enough - everyone has an ideal price, and don't blame folks on here who want "cheap coins" be it $150, $300, $500 - good luck all, hope you're Limit Orders come good for you : )

Believe the technology is in a volatile phase and will be for another 4 years. Could be wrong but think we will continue to sustain this daily volume for a while longer and price is going up $475 range (48Hrs) tomorrow or Saturday/Sunday
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November 13, 2014, 09:52:13 PM
 #20

The Bearwhale is back. Satoshi didn't hear our prayers, since our faith is still too weak. Let's join hands and sing Kumbaya while we sacrifice a goat and a Federal Reserve note on the altar of Satoshi.

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