I don't see how the shorters can profit much from this. They have to buy back in, to close their positions, and there are not too many coins for sale.
It's not just shorters doing this, this is about destroying bitcoin's credibility .... and scaring the sheeple away. |
|
|
|
And the rebound. The return to normalcy - the 'everything is fine', the 'everything is fixed' phase. It shan't last...
I'm shorting, I hope I can remain solvent because I'm not sure how much higher I can leave my short open! Some of the ETh Devs did a white hat attack earlier today. http://www.coindesk.com/ethereum-developers-draining-dao/You're timing for a short may not have been good. This is going to be a volatile time for ETH while the DAO wars begin. This is going to end up being a big mess.It's already a big mess and the dumbasses involved are making it worse ... bitcoin is not their problem, their own stupidity is the problem, get them to admit that and we can move forward from there. |
|
|
|
In this topic we speculate about nutrition.
this is not a good sign ... other speculation forums I've inhabited in the past get to this stage also ... guys discussing their dietary requirements, health and eating habits (totally off-topic) demonstrates some kind of threshold has been reached for the "groupiness" i think. Not that I have a particular problem with guys discussing food/health just pointing out that some kind of social group milestone is reached. |
|
|
|
|
Buy the Solstice, sell the Equinox?
|
|
|
|
Hey guys, look at the market settling again right on a USD dominated round number like 700 (or 699.99)!
But wait, that's impossible because the markets are primarily controlled by the Chinese, right??? Why would they care about USD psyche levels? Guyzz???
(yes this is sarcasm)
I'd say it's more like a guy sliding down a muddy cliff looking for any little thing to hold onto ... 5,000 CYN (~$750) held on for quite a while before Finex crapped itself (I hate exchanges, they're all shit) ... now $700 is just the next little root or stone to grab onto. |
|
|
|
700 looks like some good buying in the bigger scheme of things ... just not on Finex I guess  Are we going to have to start up the whole GoxCoin, FinexCoin, FinexBucks aftermarket thingy again? They can be interesting deals speculating on exchange solvencies with real BTC ... hope ya'll hedged for counterparty risk ... you know that thing bitcoin solves. |
|
|
|
first bubble more than 10$ second bubble more than 100$ third bubble more than 1000$ fourth bubble more than 10000$  it's seems so simple, why do people want to make it complicated? |
|
|
|
From past auctions, the price tends to go down shortly before the auction (people are selling bitcoins so they can buy at the auction).
If that was the sell off, we're looking good for a good climb at this point.
actually, its the opposite, the sell off happens after the auction. for instance, last auction happened on the 5th of november, we climbed very quickly from the 1 to the 5 (300 to 400) and then started the decline right back to 300 last time it was already down hard the day before the auction (Nov. 4) ... |
|
|
|
|
Looks like the ETH spectacular (but entirely predictable) centralised clustfeck implosion is dragging on bitcoin, temporarily, which may not be bad thing to pace the current expansion that was in danger of getting ahead of itself. Looks like some large players may be trying to rotate out of ETH (too much risk) and into the one true base coin so the train stop at 760 is being delayed for them ... but the march to $960 and above is unstoppable as it will be the new floor for the miners after July 10 and they will enforce that as soon and as much as they are able.
|
|
|
|
|
DAO is kind of like a faucet to spread to ETH far and wide ... for free!!
Great marketing stunt (not sure how it makes money in the end game though guise??)
|
|
|
|
There used to be so many bears in here. What happened to them? Identity crisis?
What happened to Assmaster and his bullshit on a coin beginning with E? I didn't see him boasting about a 30% drop Pretty sure he's #Assrekt so hard right now ... he should have spent more time checking his smart contracts code instead of gloating on bitcoin forums about his altcoin scam. The harder they gloat the worse it was going to be for them. Vitalik and his crew better have good liability insurance cause the smart lawyers are lining up for their piece of a crack at #assrekt and buddies. http://pastebin.com/CcGUBgDG I am disappointed by those who are characterizing the use of this intentional feature as "theft". I am making use of this explicitly coded feature as per the smart contract terms and my law firm has advised me that my action is fully compliant with United States criminal and tort law. For reference please review the terms of the DAO:
"The terms of The DAO Creation are set forth in the smart contract code existing on the Ethereum blockchain at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413. Nothing in this explanation of terms or in any other document or communication may modify or add any additional obligations or guarantees beyond those set forth in The DAO’s code. Any and all explanatory terms or descriptions are merely offered for educational purposes and do not supercede or modify the express terms of The DAO’s code set forth on the blockchain; to the extent you believe there to be any conflict or discrepancy between the descriptions offered here and the functionality of The DAO’s code at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413, The DAO’s code controls and sets forth all terms of The DAO Creation."
|
|
|
|
|
Benevolent dictator Vitalik the Great is giving do overs.
The DAO is too big too fail, it is officially being renamed the one true "Sacred CAO".
|
|
|
|
The market disagrees. Folks are buying back in again. Saying that the Ethereum team has done a good job.
I don't get it
I see plenty of blood on the streets, and looks like a bull trap or dead cat bounce, but regardless the longterm credibility is now going to be tainted and haunt not only the DAO but ETH as well. DAO turned out to be a CAO ... and a too big too fail cow too, a sacred CAO |
|
|
|
|
So ETH is not meant to be store of value right? Just for burning gas on ether blockchain for smart contracts Vitalik told us, not really a currency, just worthless electronic token, right guys?
|
|
|
|
kingbling [2:47 PM]
yeah that seems like a fuckup
robert142 [2:47 PM]
this is hapening.... god
excelthroughknowledge [2:47 PM]
a big fuckup indeed
robert142 [2:47 PM]
this isn't happening
popiah [2:47 PM]
cool….. http://pastebin.com/DykumjLs"Is this real life?" and "I am the angel of death, destroyer of worlds" phases arrived for DAO/Ether ... who was pimping them on here ?? |
|
|
|
|
Best pullback yet in this rally .... but man that was violent. If we're going up further, stilletos like that point to much further.
|
|
|
|
The Bitfinex bid depth has reduced by 50% since 2 days ago
clever people want it to fall so they can buy back in cheaper? Where are there a few 'clever people' controlling the entire order book and changing it every day? It should have many thousands of unconnected actors controlling it and it should be moving organically like gox did. This is supposed to be a world currency, not a game. Totally agree ... I don't think the real games have begun yet, just a few opening parries. |
|
|
|
Well that was a quick 30% on short position gotta love the leverage these exchanges let you use You know it's not real right? There is risk you assume that the exchange might freeze up (music stops) and you will be left with nothing, 20x, 50x or 100x nothing is still nothing. |
|
|
|
Unfortunately, I find your ideas to be incoherent. You expect corrupt politicians to legalize bitcoin so that those same corrupt politicians starve? Good luck persuading those politicians to commit suicide like that. Bitcoin is not illegal, therefore it is legal. And who cares wtf corrupt politicians say anyway? That way lies slavery. Bitcoin is designed from the ground up to resist corruption and attacks of all kinds. Good luck you and the socialists tying to stop it. People have a way of preferring good money before lies and false promises. |
|
|
|
|
Show Posts
