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huge sell walls up ahead. I dont think we will see major movement tonight. Hopefully we will have another morning price jump, but it would have to be a MAJOR buy to get us even back to $75. Unless the sell walls are fake.
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I love how there haven't been any retaliatory dumps after passing $70 (or any large transactions at all), it's like everyone including the bears are in total shock and don't know what to do anymore.
It may be because mtgox has completely crapped out again. Whenever you need us, We'll be there... blinding you.... Mt.Gox |
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Whats crazy is that there is already a bid wall at 70. Last time we broke a big number (60 i believe) the same thing happened... Really strange.
bots buy up a shrinking sell wall, and put it back up, just at the point of profit taking. imo |
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I don't recall a day this year (not saying there hasn't been one that I didn't notice) where silver was over $30/oz. There is supposedly a worldwide shortage of silver...who woulda thunk it looking at market prices. I love my cool designed rounds and bars, but when will silver really rise? At least consistently past the $30 threshold? It is pretty disturbing to think that we're just about at the point where 1BTC=2 oz Silver!
You made a mistake fragmenting your wealth into illiquid, useless tokens. They will never be worth anything. Expecting silver rounds to make you rich is no different from daydreaming about how your extensive collection of "collectible" plastic dolls or vintage bricks will make you rich. Precious metals and silver especially have massive handling costs associated with them, which makes the entire thing a novelty/consumer affair, not an investment. As a general rule of thumb, if you're "investing" in silver and your unit is not the metric ton, or if you're "investing" in gold and your unit is not the kilogram you're never going to show a net profit. Forget about the entire thing, mark it down as yet another one of those cases where you (the naive, clueless, stupid-but-unaware) consumer got fooled by unethical salesmanship into parting with your cash for no benefit whatsoever. Try and learn from it, maybe. This was very well written. You spoke/typed this out eloquently. I can tell that you thought this out, and communicated your thoughts in a way that made your point clear to anyone who bothers to read it. It is a shame that the point you are making, is one of the most ignorant things I have ever heard. I do not feel the need to justify my opinion with facts, charts, or historical data. I assume that you have seen them and chose to dismiss them. I have been investing in precious metals for almost 15 years and paid off my mortgage with the profit you claim that I will never show. YOU are the one who is "naive, clueless, stupid-but-unaware". Please do not give out financial advice. |
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MtGox fees are starting to feel ridiculous at this level, especially considering the service  +1 |
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mtgox was fine during all this, till the price took a downturn. now its unuseable
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The truly shocking thing about this, is that mtgox seems to have been up most of the time!
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4k buy order at $49.98, someone wants this price to stay
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we were blowing through that $50 sell wall, and then someone put up a $49.99 sell wall
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seems like there are a few people trying to slow this down.... but it seems like the redit guy might not have been lying?  |
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time for mtgox to crap out
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be my guest... we will see who is full of shit big bear
woke up and the world didnt end.... |
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BitPirate, I really did not lose anything in fact I made enough to pay rent (in the US) for next ~2 ish years since I bought everything I had (sold now) in late January, I am not going to lie about something I don't have anymore. Your posts are as good as mine for all people care, its just funny how you seem to talk trash about me based on your speculation while @ the same time trying to make people (investors) on here feel safe LOL. Seriously who are you trying to kid?
From reading your past posts, ive decided you are full of shit, and Ill ride this out. |
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There is a huge difference between usd-btc exchanges and currency exchanges. btc-e does usd-rur and usd-eur. That is a big no-no. Exchanging between currencies with zero information about your customers is highly illegal, and it does not matter where they are located. I cant believe they haven't been shut down yet. It is only a matter of time.
You're saying it's highly illegal to do usd-eur exchange. Do you also think it's highly illegal to steal ? What if the government steals ? Is that making stealing legal ? You know what happened to Cyprus recently ? Legal/illegal - it doesn't really matter much. The only things that matters from the perspective of the policy and law makers are what THEY think is legal or illegal. If a government decided it was illegal for you to buy grapefruits tomorrow, they could do so. Do you see the stupidity of this system ? If a person has EUR, USD or any other currency, he should be able to exchange this with whoever he wants, whenever he wants, whereever he wants. I agree with you, but that wont make your coins reappear once the government shuts down the website. |
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There is a huge difference between usd-btc exchanges and currency exchanges. btc-e does usd-rur and usd-eur. That is a big no-no. Exchanging between currencies with zero information about your customers is highly illegal, and it does not matter where they are located. I cant believe they haven't been shut down yet. It is only a matter of time.
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Its a strong sell wall barrier that is holding us back.
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I just wanted to bump this thread, so we could all laugh a little more at nvc.
Volume: 6693 NVC / 61 BTC
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who else is waiting on this slow ass sell wall to go away, before you buy?
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