Really? Who sells 2K coins at market at once like that? The only purpose of that is to try and push the price down.
someone who wants to offload a lot of coins in a rush, or above 320. They got pretty low slippage for that size of order. Someone who wanted the money and has a mountain of bitcoins left over, like the guy that moved 300k+ bitcoins.
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If he dumps them like the bearwhale it's our business because it affects us.
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too dumb to use the metric system
That's just arrogance (on their part; inherited from the UK along with their system itself), not stupidity. The UK switched to the metric system. The metric system started in europe.
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Should look for a new exchange, since bter is now dying
What makes you think it's dying?
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No, nobody can ever predict the price. Not five minutes from now or 5 days or 5 weeks or 5 years. bitcoin isn't for the impatient so if you can't handle not seeing instant gains it might not be for you.
+1 Anyone can make a prediction but nobody knows for certain what the future price will be. All these plus one's but you still can't find a prediction I was wrong in... You don't seem to have read his post yet where you appear to have been wrong in a prediction. I reckon it's possible for them to both be wrong though I have yet to find even one who is always right. Look again You were wrong about us retesting 360-380 before we try less than 333. 12/16/2014 - Yesterday we saw a 15.46 per coin drop (-4.59%) so we will not fight the short coverer's and permabulls buying... A 2% pop is expected tomorrow, we realize breaking through 346 is possible, MAX possible gain 352 If the selling continues well into the Chinese afternoon, long positions should continued to be acquired unless we break past 316, if that happens we could possibly hit less sub 300 In all honesty, we will retest 360-380 before we try less than 333Good luck to all
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You cannot predict unless you know who will pump or dump.
If you are best friends with the bearwhale you might stand a chance, otherwise forget it.
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So, perhaps the price had reached its stable low and is rebounding a little.
The latest contact from those handling the MtGox debacle say they've contracted with a company to "recover" stolen Bitcoins. How I wonder. Steal them back perhaps?
Only if Mark Karples or one of his employees stole them. Cold storage is simply an address assigned to a wallet that isn't connected to the internet. The perp could have purchased a laptop, opened a wallet, transferred the stolen Bitcoins to an address of that wallet, saved the wallet to a thumbdrive, smashed the laptop with a hammer and tossed it in the Seine. A record of the stolen Bitcoins getting to that cold storage wallet exists in the blockchain but those stolen Bitcoins can't be moved to any other address without bringing that address in the wallet.dat of the thumbdrive back onto the internet and getting it seen by the blockchain. Any other stolen MtGox Bitcoins that aren't in cold storage would have been mixed into some existing online accounts that don't maintain a history of each and every fractional Bitcoin's history giving the holder the argument he can't tell which are which? But it can be shown that X number of stolen Bitcoins did enter some account address. If the mixed Bitcoins are held by a company holding Bitcoins for many users and not differentiating which are which the company claims it's not responsible and not to be held accountable for those stolen Bitcoins that it acquired? Are there any other places the stolen Bitcoins can be? I understand the double spending of Bitcoins on MtGox was only a small fraction of those stolen. I know Mark Karples "found" 200000 bitcoins down the back of the couch in an old wallet he had "forgotten" about. Maybe there are some stolen bitcoins hidden down the back of another couch.
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FFS I DON'T KNOW, and neither does anyone else judging by the crap volume today.
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I reckon it's possible for them to both be wrong though I have yet to find even one who is always right. Look again You were wrong about us retesting 360-380 before we try less than 333. 12/16/2014 - Yesterday we saw a 15.46 per coin drop (-4.59%) so we will not fight the short coverer's and permabulls buying... A 2% pop is expected tomorrow, we realize breaking through 346 is possible, MAX possible gain 352 If the selling continues well into the Chinese afternoon, long positions should continued to be acquired unless we break past 316, if that happens we could possibly hit less sub 300 In all honesty, we will retest 360-380 before we try less than 333Good luck to all
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Monday 10 February 2014 almost 1 year old article ?
So Bitcoin should have been zero in June? That would have made Prof. Bitcorn right. Did he say $10, or was it below $10? I thought it was at $10 rather than below. mumble... mumble... Zeno's Paradox... mumble... ahem, right, zero is asymptotic. It was below $10 a share (whatever a bitcorn share is). I predict that Bitcoin will trade for under $10 a share by the first half of 2014, single digit pricing reflecting its option value as a pure commodity play. Miners/speculators will be best served to acknowledge the meltdown has begun, act quickly and take fleeting profit off the table. Read more: http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12#ixzz3MXaZbtaP
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Monday 10 February 2014 almost 1 year old article ?
So Bitcoin should have been zero in June? That would have made Prof. Bitcorn right. Did he say $10, or was it below $10? I thought it was at $10 rather than below.
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Infinitecoin for sure.
I had some infinitecoins this time last year that I sold for about $150. Now they would be worth £7.50 if I got my calculations correct. That was one of the few occasions I picked the right time to dump.
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18k shorts on Bitfinex. Nothing to see here !
How many longs? Does 18k shorts on Bitfinex mean the price is likely to go up or down?
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The volume's dropped to such unbelievably low levels that something has to happen soon.
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So, perhaps the price had reached its stable low and is rebounding a little.
The latest contact from those handling the MtGox debacle say they've contracted with a company to "recover" stolen Bitcoins. How I wonder. Steal them back perhaps?
Only if Mark Karples or one of his employees stole them.
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But consider this: Most coins MUST increase in value as time goes on and as more people adopt the coin. Especially proof of work coins, coins with increasing difficulty, and coins with a set limit on total coin supply.
Are you seeing what I'm seeing?
Honestly no usually what happens is that after a certain time, your wallet stop synchronizing and it is totally over I found that the wallet stopped syncing for a number of coins I have. Once the network dies the coin dies. Like I said, that can be fixed by 1 person in 30 seconds at miningrigrentals.com I assume that's only if you have a version of the block chain up to date to the very last block mined. What if your wallet was off for weeks before the last block was mined and nobody else can provide you with a copy?
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I reckon it's possible for them to both be wrong though I have yet to find even one who is always right.
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