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Q7
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March 16, 2015, 08:13:53 AM |
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From the MACD plot, there could be a possible drop before things will pick up again and hopefully this time round, we should see a breakout which should happen somewhere late of June. I think that will also coincide with the twin's etf fund launch date which should also be around that time, although they have keeping mum on when it is going to happen. Regardless, anything is still possible and sometimes even the charting figures could still be wrong.
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Bitcoiner_cph
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March 16, 2015, 10:19:35 AM |
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When looking at the 1w candlestick chart on Bitcoinwisdom, there is 6 green candles in a row now!. Have not seen this since may 2014 and the October 2013 boom. If we get 7 green candles on that 1w chart, there is a huge likelihood we are in a new boom.
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Bitcoiner_cph
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March 16, 2015, 10:26:30 AM |
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and I would like to add, if we go into an new boom, this tie I guess the target is around 2500-5000US$ pr bitcoin.
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8up
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March 16, 2015, 10:26:35 AM |
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We will have to get to "uncertainty-terrain" at $200 to 240 first.
Prepare yourself for a slow and boring uptrend like in 2012.
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Always wrong until not.
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lyth0s
Legendary
 Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
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March 16, 2015, 10:29:23 AM |
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I do not agree. I call below $270 before we see $300 again.
You can quote me on that.
I'll quote you on that because I think just a small amount of fresh fiat will take us to $300, even if it is short lived. |
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Bitcoiner_cph
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March 16, 2015, 10:30:28 AM |
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after 1 year and 3 months of downtreand, it makes sense to have a new boom, could be now, it looks like it!
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Bitcoiner_cph
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March 16, 2015, 10:32:24 AM |
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The central bank of Europe pump out new fiat in ever unsean hights... this happen other places in the world too... I believe we have a new boom in Bitcoins... people around the world have more and more fiat... its an accelerating process... it will go to maybe 2500-5000USD this time and in the long one infinity!!
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Bitcoiner_cph
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March 16, 2015, 10:34:45 AM |
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No matter if yu are an whale a small fish or something inbetween, this is the time to buy all you can, as the price of Bitcoin will go up very soon....
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Bitcoiner_cph
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March 16, 2015, 10:48:25 AM |
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Cash in circulation has barely altered its trend:  The purpose of the increase in M0 is to give the financial system sufficient liquidity. It is currently not inflationary. Without the increase, the US and much of the rest of the world would deflate, and we'd have another Great Depression. Bitcoins price need to rasing atleast as much as the new creation of new USD, in order to keep its own value. If you believe Bitcoin is much better then USD, then the Bitcoin price need to raise much faster then the creation of new dollars. This means Bitcoin is highly undervalued at the moment. When people realized this, there will be a huge spark in the bitcoin price, I put an target of 2500-5000 USD of 1 bitcoin, in the next boom! |
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8up
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March 16, 2015, 10:48:57 AM |
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and why is that??
to much optimism in the short-term. we haven't yet varified, if we have seen the real bottom. actually I think it would be quite healthy (in the long-term) to correct now. |
Always wrong until not.
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Bitcoiner_cph
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March 16, 2015, 10:55:55 AM |
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and why is that??
to much optimism in the short-term. we haven't yet varified, if we have seen the real bottom. actually I think it would be quite healthy (in the long-term) to correct now. If you compared with the 2013-booms, I remember how the markets moved very fast, as soon as the people got excited. I believe that with Bitcoin it goes like this, an fast boom in 3-6 weeks, as the short history have showed this. After the boom we might go from the ath at 2500-5000, to maybe 500-1500 for a long time. That's been the pattern earlier in Bitcoin, and I believe it will repeat. Remember Bitcoin is not only an disruptive technology, its an revolutionary technology, that's why you cannot expect it to act like other new things. The price will always be wild, compared to what Bitcoin is defeating, Fiat, as Bitcoin is the new currency of the world, and will defeat fiat in booms like it did in the past. It will be violent till the day we only use Bitcoins/cryptos. |
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8up
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March 16, 2015, 10:58:49 AM |
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and why is that??
to much optimism in the short-term. we haven't yet varified, if we have seen the real bottom. actually I think it would be quite healthy (in the long-term) to correct now. If you compared with the 2013-booms, I remember how the markets moved very fast, as soon as the people got excited. I believe that with Bitcoin it goes like this, and fast boom in 3-6 weeks, as the short history have showed this. After the boom we might go from the ath at 2500-5000, to maybe 500-1500 for a long time. That's been the pattern earlier in Bitcoin, and I believe it will repeat. Remember Bitcoin is not only an disruptive technology, its an revolutionary technology, that's why you cannot expect it to act like other new things. The price will always be wild, compared to what Bitcoin is defeating, Fiat, as Bitcoin is the new currency of the world, and will defeat fiat in booms like it did in the past It will be violent till the day we only use Bitcoins/cryptos. I am with you. Just don't agree with you, that we witness a bubble starting phase - atm. |
Always wrong until not.
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HarmonLi
Sr. Member
Offline
Activity: 350
Merit: 250
Honest 80s business!
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March 16, 2015, 11:11:53 AM |
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Well it could very well be, it also fits in with the theory of the two 2013 bubbles being artificial and not created by organic growth - you know, the Willy theories. I personally have my "this is it" border at $360.
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Bitcoiner_cph
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March 16, 2015, 11:15:03 AM |
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I think this is very likely to be the new boom period. Atm I am freeing up money to buy more Bitcoins, I am seriously thinking about taking out huge loans and buying with leverage. I believe as I said now for some time, that the new boom is here now.
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HarmonLi
Sr. Member
Offline
Activity: 350
Merit: 250
Honest 80s business!
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March 16, 2015, 11:16:07 AM |
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I think this is very likely to be the new boom period. Atm I am freeing up money to buy more Bitcoins, I am seriously thinking about taking out huge loans and buying with leverage. I believe as I said now for some time, that the new boom is here now.
This is so risky, my advice would be to reconsider this. You really don't want to end up in debts! If you are willing to risk everything, why not just buy leveraged on Bitfinex? |
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Bitcoiner_cph
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March 16, 2015, 11:38:14 AM |
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I know its risky. With high risk comes high rewards. Its a matter about "knowing" that the boom is here, then its more risky not to do this!
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HarmonLi
Sr. Member
Offline
Activity: 350
Merit: 250
Honest 80s business!
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March 16, 2015, 11:39:29 AM |
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I know its risky. With high risk comes high rewards. Its a matter about "knowing" that the boom is here, then its more risky not to do this!
Please just think about how it would feel to lose _all your coins_. And be prepared for that when you go on leverage. It only takes one violent swing down and you get margin-called. Please keep this in mind! |
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Bitcoiner_cph
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March 16, 2015, 11:45:04 AM |
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I only buy on leverage with 10% of my coins, and the money I borrow other places are not affected in this way.
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asuryan180
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March 16, 2015, 11:47:04 AM |
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I know its risky. With high risk comes high rewards. Its a matter about "knowing" that the boom is here, then its more risky not to do this!
Please just think about how it would feel to lose _all your coins_. And be prepared for that when you go on leverage. It only takes one violent swing down and you get margin-called. Please keep this in mind! Can you give an example of how he could lose 'all' his coins please? I agree though not only is it risky it is kind of stupid you would be breaking the number one rule of investing more than you could afford to lose. That never ends well we will have another serial fudder on our hands if we went to 250 for 5 minutes lol. If you have coins just be happy with what you have got.. |
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