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Topic: $520 Breakout (Read 2062 times)

legendary
Activity: 1937
Merit: 1001
April 18, 2014, 09:28:23 AM
#35
As i've said earlier, prices will slowly climb back up to that 750-850 mark.  It will be a nice patient upward tilt right back up to where the price was at before Gox blew up...and then it will sit there.   

Recline on the BTCTalk backporch and listen to the bad news bears moan and groan in the tears of their sub $400 dumps.  Grin



Aaaand it's gone... Hope you didn't lose too much...
My buy orders are set at 60
legendary
Activity: 1176
Merit: 1000
April 18, 2014, 07:04:02 AM
#34
$487 and going down... What breakout?

At least it shrugged off the China news without much damage. $340 to $540 is a really excellent recovery. But for now, it seems that the mood has been dampened by the news about Mt Gox liquidation.

You could go through Bitcoins price history, dig out news events to explain every single spike and dip that ever did occur, and write a book on the history of Bitcoin.....

......only problem with that would be the book being a pile of misguided shite.

"$400 to $710 really is an excellent recovery. But for now, it seems the mood has been dampened by the news about [Insert News event here]."

The old conundrum of what moves the market price. Smiley
hero member
Activity: 840
Merit: 1000
April 18, 2014, 06:54:52 AM
#33
$487 and going down... What breakout?

At least it shrugged off the China news without much damage. $340 to $540 is a really excellent recovery. But for now, it seems that the mood has been dampened by the news about Mt Gox liquidation.

You could go through Bitcoins price history, dig out news events to explain every single spike and dip that ever did occur, and write a book on the history of Bitcoin.....

......only problem with that would be the book being a pile of misguided shite.

"$400 to $710 really is an excellent recovery. But for now, it seems the mood has been dampened by the news about [Insert News event here]."
legendary
Activity: 3766
Merit: 1217
April 18, 2014, 06:52:45 AM
#32
$487 and going down... What breakout?

At least it shrugged off the China news without much damage. $340 to $540 is a really excellent recovery. But for now, it seems that the mood has been dampened by the news about Mt Gox liquidation.
hero member
Activity: 840
Merit: 1000
April 18, 2014, 06:22:45 AM
#31
China is the boy who cried wolf. Eventually the market will get tired of it and kick it in the teeth.

You fucking hope in vain whilst clutching onto dreams of lost wealth.

The market isn't your big brother. The market isn't going to fight your battles against China for you cos China controls the market.

The Chinese Bitcoin Cowboys wants to buy coins cheap from Westerners, and sell them high to Westerners. This is the market and it can only follow one path. The Chinese are taking Bitcoin, something that is well designed to hurt them, designed in the West, for the West, and are smashing it to pieces and profiting handsomely as they do so. In the end, they will have obliterated the Bitcoin price, they will have made massive profits in doing so, and at the end of the day, they will still be holding a huge stake in Bitcoin. Perhaps even as much as the NSA Satoshi Nakamoto.

That is the market and it is you and I or anyone else who thinks they can fight it that will be kicked in the teeth.

sr. member
Activity: 448
Merit: 250
April 18, 2014, 06:22:03 AM
#30
$487 and going down... What breakout?
sr. member
Activity: 952
Merit: 281
April 18, 2014, 06:10:02 AM
#29
Gonna go up soon, next rise will be pretty quick so keep an eye on those charts  Grin Grin
Yeah strong hands are keeping the price where it is. Bears are losing.
lv0
newbie
Activity: 12
Merit: 0
April 17, 2014, 12:00:59 AM
#28
Gonna go up soon, next rise will be pretty quick so keep an eye on those charts  Grin Grin
sr. member
Activity: 644
Merit: 250
April 16, 2014, 11:47:54 PM
#27
$500 is still holding. This is a good sign. Can't wait for the 2nd round of panic buying to begin.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 16, 2014, 12:52:46 PM
#26
Anything this close to $500 is huge progress.
Within a few days, a stab at $600 is much more likely than $400.
legendary
Activity: 1176
Merit: 1010
Borsche
April 16, 2014, 11:27:58 AM
#25
"Boy who cries wolf eventually gets eaten in the end right? :]"

Only the Chinese and French eat their boys.

Actually the wolf just ate the whole flock and the boy said "I warned you multiple times, assholes".
sr. member
Activity: 294
Merit: 250
April 16, 2014, 11:21:43 AM
#24
511 now
Got to recharge the batteries... we are just resting on top of the lines now... taking a breather for the next conclusive push.
sr. member
Activity: 448
Merit: 250
April 16, 2014, 10:48:55 AM
#23
"Boy who cries wolf eventually gets eaten in the end right? :]"

Only the Chinese and French eat their boys.
sr. member
Activity: 474
Merit: 285
Brave New World
April 16, 2014, 05:48:33 AM
#22
China is the boy who cried wolf. Eventually the market will get tired of it and kick it in the teeth.

Boy who cries wolf eventually gets eaten in the end right? :]
hero member
Activity: 616
Merit: 500
April 16, 2014, 04:48:54 AM
#21
511 now

People you really don't need to keep quoting the price, the internet is quite good at doing that with many options for people to find it.
saying that the 520 breakout was not really a breakout



BTW: 504,95 now, testing the 500's
full member
Activity: 168
Merit: 100
April 16, 2014, 04:29:43 AM
#20
511 now

People you really don't need to keep quoting the price, the internet is quite good at doing that with many options for people to find it.
hero member
Activity: 616
Merit: 500
April 16, 2014, 04:15:38 AM
#19
511 now
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
April 16, 2014, 04:14:11 AM
#18
Its happened.

Who is panic buying?

I find myself stuck to my seat panic watching wishing I had the funds right now to buy in..  Kind of sucks waiting for money when u need it now !
hero member
Activity: 574
Merit: 500
April 16, 2014, 03:22:42 AM
#17
For me, breaking above 590 is a very bullish sign, although I agree it is already pretty bullish.

Daily log scale chart


my charts had the top of the resistance @ 540 ...but its all good Cheesy

Yours and mine .....BRING DOWN THE WALLS ...off resistance Cheesy
hero member
Activity: 770
Merit: 500
April 16, 2014, 03:09:18 AM
#16
$543 on bitstamp
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