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meckert15834
Newbie
Offline
Activity: 21
Merit: 0
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January 29, 2015, 02:20:29 AM |
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Looks promising. Let's hope they are correct!
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goldkey0070 (OP)
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January 29, 2015, 02:24:49 AM |
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I do believe this is true
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jonald_fyookball
Legendary
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Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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January 29, 2015, 03:07:36 AM |
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Sorry, it doesn't work that way.
This is a flawed analysis. Just because there is a trend on a logarithmic chart (Bitcoin exploded from nothing to something), doesn't mean it will continue, and 2014 proved that in no uncertain terms.
People were using same logarithmic charts in early 2014 and expecting a huge bull run that never happened. (TOLD YOU.) I do believe BTC will get to 10,000 but not by next year.
There is still too much supply and not enough demand. Give it 5-10 years.
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Dread Pirate Roberts
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January 29, 2015, 03:20:05 AM |
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i believe from $0 go to $1200 and now around $200 i believe it will touch $10.000 or more . but for a longest times .
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koelen3
Legendary
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Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
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January 29, 2015, 03:45:09 AM |
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No charts can define the price or rise in it's market value . It might just fall to 100$ and go back up to 1000$ , there's no way to tell. While investing in bitcoin , you must never invest your livelihood , just enjoy and earn. It's FUN if you stay around
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bryant.coleman
Legendary
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Activity: 3822
Merit: 1219
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January 29, 2015, 03:48:41 AM |
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Sorry, it doesn't work that way.
This is a flawed analysis. Just because there is a trend on a logarithmic chart (Bitcoin exploded from nothing to something), doesn't mean it will continue, and 2014 proved that in no uncertain terms. Have to agree with your analysis. And also, the bull run in the late 2013 was mostly as a result of MtGox rigging their trade-book. May be in another 4-5 years, when the demand exceeds the supply, we will witness another bull run, similar to the one in 2013.
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colinistheman
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January 29, 2015, 05:33:25 AM |
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Sorry, it doesn't work that way.
This is a flawed analysis. Just because there is a trend on a logarithmic chart (Bitcoin exploded from nothing to something), doesn't mean it will continue, and 2014 proved that in no uncertain terms. Have to agree with your analysis. And also, the bull run in the late 2013 was mostly as a result of MtGox rigging their trade-book. May be in another 4-5 years, when the demand exceeds the supply, we will witness another bull run, similar to the one in 2013. Yes, this rigged trading book (Willy bot) is something most people seem to forget or not factor in. The $1200 price was (partially) artificially created! China jumped on board too, but how much of that was due to the Willy bot making the price continue to rise, enticing the Chinese in to the scam? Willy bot was a HUUGE factor imo. I think we just finally finished correcting from this within the past week. It took over a year-- that's how much damage the bot caused. Mark Karpeles is evil on so many levels.
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colinistheman
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January 29, 2015, 05:37:27 AM |
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Dude! That article is using all 4 graphs from June of last year! Fuckin old information and old graphs.
Fix it. And put the date up so people aren't mislead. My god
And you wrote the article. You are sort of pretending like you found it.
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gogxmagog
Legendary
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Activity: 1456
Merit: 1010
Ad maiora!
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January 29, 2015, 05:45:47 AM |
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Ive seen charts like these forever. draw some lines on a graph...better yet, suggest that past performance indicates future performance. Its called TA and it has been proven worthless. Go to the Speculation sub and look around. Actually go back a few pages and see the same predictions of "Da Moon!" backed up by the same charts...if this method worked, we would already be beyond 10 000$ per btc.
I get it, BTC is boring right now, the price is sluggish, disappointing, weak. We are all hoping for some kind of bubble, but you would be better off being realistic. Things may stagnate for a very, very long time. In fact, BTC could still fail completely. I hope not, but if I expect the very worst, then any upward movement, or even nice stable sideways movement, is a gift.
At this point I look at my stack as a 100% blind gamble. I might end up with zero, I might get rich. So far I am a teensy bit ahead.
go to bed, and come back in 5 years. Its easier on your nerves.
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Divinespark
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January 29, 2015, 06:43:49 AM |
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Hehe, love this nonsense chartism No offence, would love for this to happen, but this is useless analysis
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goldkey0070 (OP)
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January 29, 2015, 06:09:36 PM |
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Learning from the past you can tell the future !!!! Who said anything about me saying i just found this.....everybody keep your heads up i believe In what I wrote. "colinistheman Has His Pissy Pants On"........
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Dilla
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January 29, 2015, 06:14:38 PM |
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I BELIEVE IN 10K
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oblivi
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January 29, 2015, 06:32:28 PM |
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stonerider
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January 29, 2015, 07:19:53 PM |
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LOL ROTFL LAMO
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sethminer14
Member
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Activity: 98
Merit: 10
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January 29, 2015, 07:20:57 PM |
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If the market could really be correctly predicted with just for charts, everyone would be making money. Sadly, that's not how it works. There is no such thing as a free lunch folks. Someone is paying for it on the other end
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chaoman
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January 29, 2015, 07:25:15 PM |
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10k = moon?
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stonerider
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January 29, 2015, 09:05:10 PM |
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Delusion seems to be contagious around here.
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coinableS
Legendary
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Activity: 1442
Merit: 1189
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January 29, 2015, 09:12:52 PM |
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Steady logarithmic growth is not unheard of...
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