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This is my favorite part of these lag events. The bulls are starting to rally again, but all the cubs who wanted to catch the dip already sold and can't cancel their orders in time.
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Can we have a small crash now?? Pleaaaaaaaaase!
A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup. You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis. Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually. That news was perhaps based on this article: http://qz.com/72118/yes-people-are-hoarding-bitcoins/Which in turn was based on this statistic: http://blockchain.info/charts/bitcoin-days-destroyedWhich only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with. I haven't found the bitcoin days destroyed to be much an indicator of anything. We've seen tons of spikes, but haven't seen any conclusive evidence in the market that those moves = dumps For all we know they could be moves to paper wallets. While not a massive sum, I did do that exact thing with some of my coins just this morn. |
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Can we have a small crash now?? Pleaaaaaaaaase!
A crash is definitely coming soon but don't know when.I believe someone mentioned within the next month on Reddit.The thing is someone has done this before with even more BTC at about a month ago but the Gox market just absorbed it like it was a hiccup. You are talking about a major crash, not a small weekly crash to shake out the newbies. Although a major crash followed by a longer period of stagnation is not impossible, with the current rate of global Bitcoin adoption I see absolutely no reason to support that hypothesis. Well,the news I read mentioned individuals with over 1 million dollars in BTC and in some cases over 10 Million will either be cashing out majorly or just some of their stash.It seems to be happening actually. That news was perhaps based on this article: http://qz.com/72118/yes-people-are-hoarding-bitcoins/Which in turn was based on this statistic: http://blockchain.info/charts/bitcoin-days-destroyedWhich only means the early adopters with large quantities of coins are selling some of them, which makes sense because when you are a millionaire, you might want to live like one. And it's normal to do some asset diversifying at this stage anyway. Nothing to worry about, just another case of the press looking for some stick to beat Bitcoin with. I haven't found the bitcoin days destroyed to be much an indicator of anything. We've seen tons of spikes, but haven't seen any conclusive evidence in the market that those moves = dumps |
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Bear time?
Does look like it's bear o'clock. |
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Can we have a small crash now?? Pleaaaaaaaaase!
Price hit 235. Maybe people's last chance to buy in below 240? |
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Well, this just keeps getting more and more interesting.
China still ahead of us at 240 tho
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Shouldn't there be a flash-crash about now?
Maybe all the way down to 212.12...
Looks like the bears are finding their legs now, but I wouldn't be surprised if we don't go below 220. Not saying we WON'T go below 220, just find it reasonable that 220 will hold |
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One data point isn't enough to draw a conclusion. Plus, 2011 is a looooooooot different then 2013 market.
So no.
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Anyone want to hazard a guess where today is going to end up at?
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Honduras and Eq. Guinea down
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Is that wall there for a false sense of security?
Impossible to tell until it happens, but we've had huge walls trailing the price for a while. I remember when we broke 100 a mil wall went up at about 90, but nothing interesting happened with it. |
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Gox lag almost back to zero.
Is this gox performing well or the lag manipulators giving up for the day?
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total bid: 15,906,510 USD | total ask: 34,825 BTC | ratio: 456.75 USD/BTC
Oh sweet baby jebus. Have we run out of coins to sell?! |
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WAAAAAAAAAAAAALLLLLLLLLLLLLLLLLLLLLL
Fuck, this is dangerous. If that wall is not sincere... I dunno. We've seen a coupe mil walls trailing the price for a couple weeks now and no ill has thus befallen us. |
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WAAAAAAAAAAAAALLLLLLLLLLLLLLLLLLLLLL
*Pic*
Well, now I know where that 2mil is  |
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Bitcoin like Justin Bieber?
Not quite yet:
*Pic*
I've never seen it that way. I think we can all agree that Bitcoin is a more important than Beiber though, right? Right? Now if I only could short sell Justin Beiber.  I lol'd |
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Is bitcoinity's mtgox lag marker accurate? I see lag increasing a lot at the moment
More or less I believe. Gox lag follows it's own time. |
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Bitcoin like Justin Bieber?
Not quite yet:
*Pic*
I've never seen it that way. I think we can all agree that Bitcoin is a more important than Beiber though, right? Right? |
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Uh, blockchain just shows that bids went straight up by 2mil and near 15mil total. WHAAAAAAAAAAT?
*sniff* If that 2mil that randomly showed up turns into a big buy, it'll take us well north of 250 |
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