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Mushoz
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October 27, 2012, 09:25:16 AM |
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this is the bottom
For now... FOR EVER I declare, by the power held in my high post count that the lowest for the rest of the year shall be $9.56 Haha, bold claim! Witnessed  |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Comodore
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October 27, 2012, 09:54:03 AM |
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As, I said before. BTC is oversold. Still. And there is still good time for buying very very cheap coinz
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Yuhfhrh
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October 27, 2012, 11:12:02 AM |
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keewee
Legendary
 Offline
Activity: 1025
Merit: 1000
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October 27, 2012, 11:15:06 AM |
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Bulls are charging  That wall at 10.50 didn't stand a chance |
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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damnek
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October 27, 2012, 11:15:28 AM |
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Still wanna wait for monday? |
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Yuhfhrh
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October 27, 2012, 11:16:01 AM |
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Still wanna wait for monday? I went half in at $10.49 lol |
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hazek
Legendary
Offline
Activity: 1078
Merit: 1002
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October 27, 2012, 12:51:32 PM |
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Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
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My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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Mushoz
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October 27, 2012, 12:57:44 PM |
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Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings |
www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
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hazek
Legendary
Offline
Activity: 1078
Merit: 1002
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October 27, 2012, 01:04:01 PM |
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Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? There isn't. |
My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)
If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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October 27, 2012, 02:30:27 PM |
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Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings *mumbles something about fibonacci, fourier transforms, simulations,... wanders off thinking* [35 years later] "there isn't, I'm pretty sure" |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
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October 27, 2012, 03:53:27 PM |
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Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings well i bet you dont follow the spanish threads here you have it and here you have the fib levels http://twitpic.com/b7wkm0Linea de los 10 $/ BTC rota...  Fin de semana movidito, auguro. ¿Alguna recomendación de nuestros analistas? si el precio aguanta este fin de semana y no sigue abajo una subida a 10.50 es posible y cualquier subida por encima de 10.65 confirma la extensión de una onda 3 extendida cosa que puede añadir mas puntos a mi bias bajista para una caída espectacular |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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October 27, 2012, 04:57:32 PM |
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Typical pendulum type movement, it goes down, then it overshoots the bottom and at one point the price is just too good to pass on, a rally quickly forms and the price shoots back up, it overshoots the top, some bulls start selling for profit others get spooked and so we go down again and repeat.
I wonder if there's a good way to accurately predict those temporary bottom/tops? You'd be able to profit quite nicely from those pendulum swings *mumbles something about fibonacci, fourier transforms, simulations,... wanders off thinking* [35 years later] "there isn't, I'm pretty sure" Wavelets, dude. It's like magic only with computers |
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robocoin
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October 27, 2012, 04:57:42 PM |
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Damn, I missed to buy at 9.75$ xD. What ever, I'll be back at 9.5$ Long Term Update: Weekly View at MtGox
Posted on October 27, 2012 by EnkyThis is a weekly view since January 2012 Top at 7.22$. It is visible the long period of accumulation spent at 5$ during the first half of this year, the crash of August with the old top that acted as support at 7$, in the second pane of the chart there is the net volume and it’s clearly visible the selling activity hasn’t been all that dramatic. It is very important for who is interested to stay invested in bitcoins for the long haul to stay above the 7$ level, i’m moving back to my old plan of a possible retest at 7$ where i expect to see buyers coming back in the form of a strong positive net volume on a weekly basis. I included as usual a forecast for a mid term bottom, assuming a weekly correction of maximum 20-25 weeks for this downswing and it will be hard for BTC/USD to go below 7$ by the end of this year. I’d like to add that the secondary lower top at 13$ may have marked a bearish divergence on some oscillators i use which could lead to a prolonged but not extreme downward movement, eventually down to 7$. For the short term btc/usd i’ve been too much optimistic on my previous udpate, short term support at 10.5$ didn’t worked and after a quick sell-off i think btc/usd is rebounding up to the 11$-11.3$ price zone where it will probably resume the drop; so for who is interested in a quick but risky profit it might be worth the risk to buy now, as i said many times i post relatively safe trades here and for now i’ll wait further developments before thinking to open another trade. If you have any questions, please feel free to ask leaving a comment or writing me on twitter.  |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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October 27, 2012, 05:55:34 PM |
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I think that analysis is about right Robo. I know I'm still out and not going to touch it until its down at that range.
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Bro, do you even blockchain?
-E Voorhees
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Yuhfhrh
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October 27, 2012, 07:53:33 PM |
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We aren't going down nearly as much as I thought we would. I'm gonna try and buy the rest I can around $10.20's.  |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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October 27, 2012, 08:14:07 PM |
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 The question is: Will it stay? I get the feeling that wall will poof as anybody even sells near it.. |
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Yuhfhrh
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October 27, 2012, 08:19:06 PM |
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robocoin
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October 27, 2012, 08:54:16 PM |
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We aren't going down nearly as much as I thought we would. I'm gonna try and buy the rest I can around $10.20's. How low did you think it goes? Have a little more patience. (MtGox fees will hate you for being patient  ) |
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420
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October 27, 2012, 09:09:04 PM |
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no no no go back down...down boy
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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Yuhfhrh
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October 27, 2012, 09:25:16 PM |
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We aren't going down nearly as much as I thought we would. I'm gonna try and buy the rest I can around $10.20's. How low did you think it goes? Have a little more patience. (MtGox fees will hate you for being patient ) I thought it would stay below 10 this weekend, and I had a rule if it stayed above 10 by noon on Saturday I would buy back in. Don't want to be left behind. Even if the wall near $10 goes down, there is still a lot of resistance between $8 and $10. no no no go back down...down boy
Made me lol |
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