I'm starting to see a pattern here.... - page 2.

cypherdoc

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Quote from: ElectricMucus on November 01, 2011, 07:46:14 PM

I think long term the fundamentals are very important, and they are, quite frankly different now.

The various scams & scandals have severely weakened bitcoin and it has to recover from these wounds. You could argue that this has no effect on the practical use of bitcoin, but the public cares about these things very much.

I am waiting for the first major business to report a growth rate in bitcoin sales, then I'll become bullish again

meanwhile the price rises slowly w/o you.

ElectricMucus

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Marketing manager - GO MP

I think long term the fundamentals are very important, and they are, quite frankly different now.

The various scams & scandals have severely weakened bitcoin and it has to recover from these wounds. You could argue that this has no effect on the practical use of bitcoin, but the public cares about these things very much.

I am waiting for the first major business to report a growth rate in bitcoin sales, then I'll become bullish again

proudhon

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Quote from: S3052 on November 01, 2011, 04:11:58 PM

The more critical trendline is the long term uptrend line which currently runs around 4 $ (EDIT: it is already getting closer to 4.5 - 5.0 $ since the trendline is rising). This one needs to be broken from the underside now before BTCUSD can see further upside.

How much does the lower trendline of the longterm up-channel increase by per day? I mean, it seems pretty obvious to me that there's really no good chance of regaining that channel again, but certainly after a few more weeks, if that channel is not regained, it will be practically impossible.

notme

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Quote from: gewure on November 01, 2011, 07:06:25 PM

Quote from: mobodick on November 01, 2011, 01:48:42 PM

Quote from: ElectricMucus on November 01, 2011, 01:16:51 PM

looks strangely familiar to this one...

No it doesn't.

gewure

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[#][#][#]

Quote from: mobodick on November 01, 2011, 01:48:42 PM

Quote from: ElectricMucus on November 01, 2011, 01:16:51 PM

looks strangely familiar to this one...

No it doesn't.

BTCurious

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^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: mobodick on November 01, 2011, 01:48:42 PM

Quote from: ElectricMucus on November 01, 2011, 01:16:51 PM

looks strangely familiar to this one...

No it doesn't.

S3052

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The more critical trendline is the long term uptrend line which currently runs around 4 $ (EDIT: it is already getting closer to 4.5 - 5.0 $ since the trendline is rising). This one needs to be broken from the underside now before BTCUSD can see further upside.

ElectricMucus

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Srsly do you really think the rally trend channel isn't yet been broken out of?

YoYa

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Always verify deals with me through my public key!

Me too....

It always seems to be going up or down at a diagonal going left to right.....and it does it alot!

Hmmmmm.....I think I've found the basis of my new uppy downy theory, will fit nicely with my knifey spoony game theory.

SlaveInDebt

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Your Minion

Quote from: ?? on ??

Yes. It takes exactly 12 days for people to get their food-stamp money transferred into the exchanges.

7 days if you have an EBT card Wink

ElectricMucus

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Quote from: mjcmurfy on November 01, 2011, 01:58:45 PM

There are only so many ways the rate can fluctuate within a particular range.

Yeah, but what else can we do to estimate what the future rate will be based on something that happened and see if it could explain what's happening today?
I see no other option as drawing straight lines obviously doesn't work.

mjcmurfy

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There are only so many ways the rate can fluctuate within a particular range.

ElectricMucus

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The timeframes are the same, the duration of the sell-offs and rallys slightly off.

The only real difference is the longer, stronger sell-off which resulted in a more stable rally. The end result seems to be the same.

mobodick

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