Schickeria
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Activity: 84
Merit: 10
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September 18, 2014, 05:19:51 PM |
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Wow, lowest weekly RSI since 2012.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1039
Trusted Bitcoiner
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September 18, 2014, 05:20:09 PM |
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how high she gonna bounce this time?
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ImI
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Activity: 1946
Merit: 1019
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September 18, 2014, 05:20:33 PM |
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Schickeria
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Activity: 84
Merit: 10
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September 18, 2014, 05:20:45 PM |
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What would be dead is the inflated expectations of a few overzealous people. That's all.
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ImI
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Activity: 1946
Merit: 1019
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September 18, 2014, 05:21:13 PM |
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Barely above 400 on BTC-e. I see 300s in the near future.
a real wizard you are  |
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scarsbergholden
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September 18, 2014, 05:21:17 PM |
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You guys with your "if the price goes below xyz, then Bitcoin is DEAD" are the real weak hands if you truly believe that.
Seriously. I've been a huge bear for months and am loving every minute of this. But I also love bitcoin and know that this sort of thinking is total nonsense. |
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Tzupy
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Activity: 2240
Merit: 1098
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September 18, 2014, 05:21:51 PM |
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Bulls' last line of defense broken, all hope for a near-term bullish scenario crumbled, it's time to capitulate. |
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adamstgBit
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Activity: 1904
Merit: 1039
Trusted Bitcoiner
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September 18, 2014, 05:22:28 PM |
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back to 440?
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Erdogan
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Activity: 1512
Merit: 1005
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September 18, 2014, 05:22:35 PM |
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what is the reasoning behind all the panic today? at what prices are you guys scooping up more? I got some at $450 yesterday, but I will pull my cash out again if we dip much further...
I could take a Bloomberg and say it was Scotland. |
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franckuestein
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Activity: 1960
Merit: 1130
Truth will out!
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September 18, 2014, 05:23:00 PM |
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bitcoin price.  |
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Torque
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Activity: 3822
Merit: 5504
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September 18, 2014, 05:24:02 PM |
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What would be dead is the inflated expectations of a few overzealous people. That's all.
So it's greedy if a bitcoiner buys a bitcoin sometime, ANYTIME in the year 2014, and expects it to more or less retain it's value? Should no one have bought any bitcoins AT ALL in 2014 and held them? Honestly answer the question. 2014 is nearly over, it's been 10 months. |
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Scottsdale
Jr. Member
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Activity: 38
Merit: 1
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September 18, 2014, 05:24:20 PM |
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So Question, If I have roughly 2-Million dollars, and decided to trade on Bitstamp for example, would I be able to massively effect the market dumping/buying that many BTC?
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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September 18, 2014, 05:24:56 PM |
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putting up a pretty solid fight at $420 on stamp...
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scarsbergholden
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September 18, 2014, 05:25:01 PM |
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back to 440?
Possible, I think we may have a small bounce to retest that resistance before heading back down. Bulls' last line of defense broken, all hope for a near-term bullish scenario crumbled, it's time to capitulate. Agree, more or less. This kind of grind down has high volume capitulation written all over it. Nothing is set in stone, obviously, but I've certainly seen this before and felt this sentiment..... |
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N12
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Activity: 1610
Merit: 1011
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September 18, 2014, 05:25:15 PM |
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What would be dead is the inflated expectations of a few overzealous people. That's all.
So it's greedy if a bitcoiner buys a bitcoin sometime, ANYTIME in 2014, and expects it to more or less retain it's value? Should no one have bought any bitcoins AT ALL in 2014 and held them? Honestly answer the question. 2014 is nearly over, it's been 10 months. Maybe not greedy but naive? Bitcoin went up x100 in 2013. Do you expect this to just maintain its value without major corrections? If you want to retain value short to mid term at least, then Bitcoin is not the asset to do that. Bitcoin is an asset to look for high growth, and with that growth comes the cost of RISK. |
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NotLambchop
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September 18, 2014, 05:27:09 PM |
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back to 440?
If we all just pool our fiat together and make one great big buy, we could do it!!! Come on everyone, AT EXACTLY 1:30 Eastern Standard Time, everyone BUY! Ready? Here we go! |
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Torque
Legendary
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Activity: 3822
Merit: 5504
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September 18, 2014, 05:27:29 PM |
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What would be dead is the inflated expectations of a few overzealous people. That's all.
So it's greedy if a bitcoiner buys a bitcoin sometime, ANYTIME in 2014, and expects it to more or less retain it's value? Should no one have bought any bitcoins AT ALL in 2014 and held them? Honestly answer the question. 2014 is nearly over, it's been 10 months. Maybe not greedy but naive? Bitcoin went up x100 in 2013. Do you expect this to just maintain its value without major corrections? Naive? So welcoming to all the thousands of new bitcoiners this year. I'm sure they'll have great stories to tell their friends and family about their bitcoin experience so far this year. I'm sure they'll be eager to buy more. And I'm sure that won't do ANY damage whatsoever to the bitcoin ecosystem. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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September 18, 2014, 05:27:32 PM |
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Fuck it, if we drop more, i'm going fucking large Don't wanna feel this sadness  celebratin this dip instead  |
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scarsbergholden
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September 18, 2014, 05:27:58 PM |
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What would be dead is the inflated expectations of a few overzealous people. That's all.
So it's greedy if a bitcoiner buys a bitcoin sometime, ANYTIME in the year 2014, and expects it to more or less retain it's value? Should no one have bought any bitcoins AT ALL in 2014 and held them? Honestly answer the question. 2014 is nearly over, it's been 10 months. You think most people buying bitcoin did so because they "expect it to more or less retain its value"? That's mistake #1. I'd re-frame the question.... |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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September 18, 2014, 05:28:29 PM |
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What would be dead is the inflated expectations of a few overzealous people. That's all.
So it's greedy if a bitcoiner buys a bitcoin sometime, ANYTIME in 2014, and expects it to more or less retain it's value? Should no one have bought any bitcoins AT ALL in 2014 and held them? Honestly answer the question. 2014 is nearly over, it's been 10 months. Maybe not greedy but naive? Bitcoin went up x100 in 2013. Do you expect this to just maintain its value without major corrections? Naive? So welcoming to all the thousands of new bitcoiners this year. I'm sure they'll have great stories to tell their friends and family about their bitcoin experience so far this year. I'm sure that won't do ANY damage whatsoever to the bitcoin ecosystem. Are you in the speculating (which is cutthroat) business or the proselytizing/feelgood business? Why would I not deal with reality? |
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