I can't help but feel that although chinese people love bitcoin that there's also a thing where china would love to destroy the dollar as the world's reserve currency. and this is part of it.
Except the Chinese are not buying bitcoin. BtcChina is manipulated by a few money laundering Amurikans who fear FINCEN registered exchanges and realize they can trigger USA rallies by creating the illusion that a foreign country is crazy over bitcoin.
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Log charts are useful for illustrating the spread or adoption of a technology but not specific instances of that technology. Bitcoin is just an instance of something larger. And even if it wasn't, a log chart would be appropriate for spread or adoption, not price in fiat. *edit* and when bitcoiners start spamming log charts, that's a pretty good indication that a crash is just around the corner.
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Anybody here even slightly concerned when looking at the 2yr charts at bitcoinity?
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http://bitcoin.clarkmoody.com/Set the period to 1W and zoom in enough to only show the current year to the present. We are due a crash soon. *edit* Or zoom way the fuck out. Zoom anywhere. We are going to crash within a week.
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Don't worry we should be receiving official information soon: [02:39:49] <@marionxd> justusranvier: The truth, they are working on today publication and that is why this communication is delayed I expect the eventual public explanation they offer on their web site to live up to their typical standards of helpfulness and timeliness, as they so often do. They will probably delay btc withdrawals until full implementation of the Midas engine. Then they will provide official statements every other month explaining why implementation must be pushed back.
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My USD cannons are running low. Someone else gonna have to take over after $350. Thx in advance.
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Gox always finds a way to derail the biggest rallies.
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It does appear that we will be visiting the oort cloud soon....
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Wall down. I repeat, wall DOWN.
market sell incoming? Why would you suspect a market sell? Have you not learned anything about walls since the last crash? Yes, a few weak hands are shaken out before the wall is pulled. But when a sell wall is pulled, resistance comes with it. The price usually goes up.
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Looks like the wall is down
No. Ask sum did not change. The wall was staggered or hidden. Well, the wall itself is still gone Yea, in a sense. Also, see my last post. Ask sum just dropped 10k instantly.
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Looks like the wall is down
Over half of it's dispersed up through the asks but a lot has gone. False. Ask sum was right around 28kish before and after the wall. *edit* Ok, LOLOLOL. Now wall is gone. Ask sum immediately dropped to under 20k.
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Looks like the wall is down
No. Ask sum did not change. The wall was staggered or hidden.
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It will be pulled. No question here.
Aaaand it's pulled. Unfortunately for him, he did not succeed in getting a lower entry point. Ask sum didn't change. Not pulled, just staggered or hidden better.
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