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At what time will you be couting the posts we made in the month being as you dont want us to pm you what we think we should be getting paid? Just so my accounting makes sense. Thanks
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At the moment everyones looking for an excuse to panic sell and buy back lower. Thats all this is, expect it to take off violently!
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Most likely there is nothing that can be done. Can I ask what your setup was? Offline? Paper Wallet ? Normal wallet on hot computer?
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Well I feel like the bottom is certainly close, sending another chunk of fiat to the exchanges as we speak. Bid sum has been increasing steadily and a mediocre buy can send us shooting upwards.
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I wonder how close some poeple are to being margin called on longs they placed when people thought the Gox closing $400 coins were the bottom.
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Just more buying opportunities. Blood in the streets and all that. Were also nearing the bottom of the third EW. Expect price to increase soon but most people aren't too worried about that its just the pigs that are selling and will be slaughtered.
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No its not that bad at all and as said exactly what most people would expect. I feel that any news at the moment is being spun in a bad light. Really starts to feel like the bottom when this is happening.
I think most people will carry on as normal like you say, for the general small user it shouldn't really change much.
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Been away for a week on holiday and managed not to be tempted to look at the BTC price for a week. Is there anything in particular that has us wallowing sub $500? Ive tried to catch up on the news but can't seem to find anything particularly bad  |
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but your friend would be freshly out of fiat as well.
You'd think but a large part of my friends wouldn't buy even if we went really low. Meanwhile I'd be loading up, locking them in the freezer and wait till I've got enough for my island  What would you be locking in the freezer? Your friends? Hopefully, they would be issued space heater and oxygen, too. ...but he made a pun based on the idea of cold storage requiring a Fridge/Freezer. Lol yes the coins , not the friends, would be in the coldest of storage. Meanwhile support has been building some what and $1.5 mill added to the total bids sum. I've made my position clear but I do wonder how much further down we realistically will go. I agreed with the guy yesterday who thought we'd only see $550 with some good quality FUD. That's happened so where to now ? The fact that China dumped to around $40 lower than Stamp suggests the selling on Stamp is loosing its legs a bit. The last few days of creeping downwards has felt much more like a bottom than $400 flash. |
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but your friend would be freshly out of fiat as well.
You'd think but a large part of my friends wouldn't buy even if we went really low. Meanwhile I'd be loading up, locking them in the freezer and wait till I've got enough for my island |
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They don't, I have no idea how you just find a wallet with 200,000 BTC when others can see it on the blockchain etc. It suggest to me personally that the theories regarding lost keys or badly written key generating software are the most plausible.
I wouldnt be surprised to see a large part of the 850k slowly being 'found' what this does to the price however is anyone's guess
Remember that interview with Karpeles saying the bitcons weren't technically lost, just unavailable? Either gox are lying through their teeth or they had some seriously poor practices. I can't say which is more likely. I've found a few old wallets I'd forgotten about, and no amount of people pointng at the blockchain would have helped me remember where the private keys where. Then again, I have never been entrusted with hundreds of thousands of BTC of other people's money, so my laxness is somewhat more excusable. Well you hit the nail on the head really with the last statement messing about with your own holdings and loosing private keys to a few BTC is plausible but I bet you wouldn't forget where you put 200k  |
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Did anyone catch this quote from the mtgox statement.
“Taking into account the existence of the 200,000 BTC, the total number of bitcoins which have disappeared is therefore estimated to be approximately 650,000 BTC.”"
So.. its basically official that M.K. is just a complete and utter retard right? Who moves 200,000 BTC to verify they have control of bitcoin and then forgets that they exist. Does this ultimately point to the more likely possibility that M.K. just lost the private keys but had an old database backup that he eventually went and fished these 200,000 coins out of after the community pointed them out?
also... how does 850,000 missing vs 650,000 missing affect the markets?
They don't, I have no idea how you just find a wallet with 200,000 BTC when others can see it on the blockchain etc. It suggest to me personally that the theories regarding lost keys or badly written key generating software are the most plausible. I wouldnt be surprised to see a large part of the 850k slowly being 'found' what this does to the price however is anyone's guess |
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What do you do if you just bought 1CNY ltc? Surely you cant not sell for 100x insta profit
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As i said yesterday, we would need some fud to get to 550~ish, and bam, new china fud out of the blue, either a lucky guess, or someone who wants a crash had same thoughts
Like magic sometimes isn't it! Just above $550 is where I exhausted the last of my fiat and some extra leverage. Think its almost time to take the last of my coins stick em in the freezer and enjoy the next run up. |
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I dont think anyone has a clue what going on atm, soundest advice I've followed is panics like this are perfect buying opportunities. While everyone is waiting trying to find the bottom someone with the capital can snap it back up.
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I am curious about what will happen when the whole USA wakes up and see the price, will they drink coffee and open their eyes first or will they start panicking ?
From now till tomorrow will be really interesting, another flash crash is really possible but I dont believe that we will stay there for long...
I would think another leg down is certainly a possibility so Im saving some fiat for then. I really do think were coming to the end of this downtrend though. |
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Is this the last wave down out of three then?
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Yeah stamp bounced all the way to $594 which just caught a sell order I had opened seconds after buying at $563.
What are the chances those $520 Huobi coin end up on stamp ?
Finally making some money again.
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Still huge dumps on stamp. This isn't over yet.
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Dead cat? Looks prime for it in china.
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