ajareselde
Legendary
 Offline
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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February 13, 2015, 04:20:08 PM |
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finally after a week nice to see it climb back to 240$..
Any signs of trend change?
9% increase could stay for some time, but remember how that also means new 72k USD that must be pumped into bitcoin daily in adition to 800k USD that were on 220$/btc. I dont see this going too far, just aliitle up and down ride to shake down some profits. This is not breaking bull, and its just a matter of time when this situation is going to calm down. |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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MNDan
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February 13, 2015, 04:24:09 PM |
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Sub 200 by Monday. Sub 170 by Wednesday.
Sub 30 by December.
Care to wager? |
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ThatDGuy
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February 13, 2015, 04:47:57 PM |
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Expecting a correction downward, but hopefully not below $235.
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mtwelve
Legendary
Offline
Activity: 1330
Merit: 1009
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February 13, 2015, 04:54:08 PM |
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Expecting a correction downward, but hopefully not below $235.
I think it'll go back to normal levels. Too fast to be stable or organic, it might even go be low the 220s for a little bit. |
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bitards
Newbie
Offline
Activity: 35
Merit: 0
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February 13, 2015, 04:56:27 PM |
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Expecting a correction downward, but hopefully not below $235.
I think it'll go back to normal levels. Too fast to be stable or organic, it might even go be low the 220s for a little bit. Wow two smart people! |
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bassclef
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February 13, 2015, 04:57:03 PM |
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Pause @~240 as traders, who got sucked into long positions at the top of the previous range, are getting out at break even. I could see it going past $300 definitively this time around.
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stonerider
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February 13, 2015, 04:57:28 PM |
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Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p
There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200. |
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mtwelve
Legendary
Offline
Activity: 1330
Merit: 1009
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February 13, 2015, 04:59:49 PM |
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Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p
There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200. Haha no I was upset when I saw it was up 8% this morning. All of my funds are offering liquidity for trade swaps in Bitfinex and can't take a short/long position :p |
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tss
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February 14, 2015, 12:01:35 AM |
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it goes up it goes down. omg panic and dirty knickers.
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thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
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February 14, 2015, 02:08:11 AM |
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Is there any corresponding "good news" to follow with this? If not, I think this bullish rise will slowly trend back down again :p
There is NO, as in zero, zilch, nada, good news that's behind the current rise. This is a classic PUMP & DUMP scheme, don't be left behind holding the bag. Sell while you can. It's going right back down to 200. A good news rally is likely to unwind in a bear market since it likely consists of trader money trying to catch a wave. Esp. In BTC where it takes a week+ to set up to buy. We saw this several times last few months. OTOH a good volume no news rally is more likely to consist of investment time frame purchasing. Of course 3600 coins per day could still take the wind out. |
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suman66
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February 14, 2015, 02:43:47 AM |
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Pause @~240 as traders, who got sucked into long positions at the top of the previous range, are getting out at break even. I could see it going past $300 definitively this time around.
in the past once btc prce go above 300$ as per that price may be btc price will go up again see the live btc price http://preev.com/btc price must be pause at 230$ per btc |
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BittBurger
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February 14, 2015, 03:11:14 AM |
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It's a typical p&d, a whale wanker is jerking you around.
The only accurate statement in this entire thread. -B- |
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lolled
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February 14, 2015, 08:51:14 AM |
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You jinxed it. It took a reversal at 251. lets hope it goes up again
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