methinks that ask-wall falls today and we ROCKET to new highs
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less than an hour until fed minutes released and fireworks commence!
dollar rally inc are the fed mins out yet? yes and they boring as usual. doubtful significant impact on btc either direction
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I would like to donate several hundred thousand PPC but unfortunately cannot cuz donate address is MIA.
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less than an hour until fed minutes released and fireworks commence!
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methinks it's HIGHLY unlikely they won't go through with the tapering. they would only fuck themselves over if they didn't
QE will never stop. but at some point it will cease to have any impact on the market. Then we will have spurts of chaos. followed by QE by another name. then again more temporary stability until new-name-QE is no longer effective. then bitcoiners inherit the world
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methinks some news re QE has leaked. spoiler: it will never end. QE TO THE MOON AND BEYOND (along w/ bitcoin)
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BAM $125
Wal's usd cannons are afiring
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right after all you doubters be doubting, some huge buys come in. we going to da' moon, get over it
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Also, not that I want to stoke any potential bubble but I do like how this chart is looking, especially given the usd volume at peak would be equivalent to a third less now had the volume been distributed as it is these days. (in case it is of interest I bought substantially with long-term in mind for the first time in a long while on Sunday). That fits the exact premise of a bubble with a classic bulltrap. source or gtfo
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when that huge, fake ask wall falls, we going straight thru the oort cloud my friends.
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I've posted an analysis about the recent sudden rise above 120 on MtGox here: https://bitcointalk.org/index.php?topic=278643It might not be directly relevant to the discussion in this thread, but I think it provides very interesting insight into what is happening on MtGox now. Short summary: The big move of mtgoxUSD on Aug 19th was a result of a very few (about 15) very large (1000-2000 BTC) orders, which were done by a handful (1-4) of individuals. For the full analysis see there! The price is-and has always been-controlled by a few individuals. we know *yawn*. that's how pump n' dumps work. next pump: to the moon. next pump after moon: thru the oort cloud.
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i wonder where bitcoin would be if there were no difficulties extracting fiat from Gox? do you think charts showing the April and 2011 crashes would overlap better?
Which 2011 "crash"? The one from the peak in February 2011 or the one from the peak in June 2011? I actually believe April 2013 chart is a better fit to the February 2011 one. june
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new prediction:
tomorrow we learn fed maintains or ups QE: btc to $180 by friday
A broken clock is correct twice a day. But not sure what to make of a stuck record player. i fixed my prediction, asshole
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new alternative prediction:
tomorrow's announcement re QE is a bunch of vague and confusing statements that offer little indication on wtf direction gov is going.
No effect on gox, keeps doin what it is doin
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new prediction:
tomorrow we learn fed maintains or ups QE: btc to $180 by friday
we learn fed going to taper: btc to single digits by Sunday.
you heard it here first
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i wonder where bitcoin would be if there were no difficulties extracting fiat from Gox? do you think charts showing the April and 2011 crashes would overlap better?
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so... if xfers out are being processed by hand, does this increase likelihood of insider trading? Who would be surprised if gox employees are leaking data to friends re "hey guys, word is today was a big deal for xfers out, i did 20 mil alone." Or, "we actually got some new deposits today, me and another dude processed roughly 5 mil."
srsly. how do you prevent leaking $ in and out info when it's all being handled by hand (by low level employees/temps)?
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good call
now for my 180
you mean MY 180
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