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9121  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 02:09:32 PM
ccmf?  Smiley

I had only 1 bid filled so far,
theres more where that came from,
thinking this may be a good price to make a stand.
bears...
9122  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 01:43:32 PM
lol such a weird pattern was painted while i was sleeping
9123  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 03:20:39 AM
USD has been going north due to what the Fed chief says.

sounds sustainable.
9124  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 03:17:09 AM
http://bitcoincharts.com/markets/

red everywhere means buy now right?  Grin
9125  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 03:07:21 AM
hey virtex now highlights the bid which are mine on there order books

pretty sure this is a buy single

 Cheesy
9126  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 02:49:42 AM
If I wasn't as much of a buy and holder as I am I would have sold on the news of gox having xxx,xxx coins left lol. People somehow associate this with a reason to dump...not to say there aren't good reasons for why you should sell.. just seems unhealthy to be so fearful.

The API did show those 200k BTC moving around a few weeks ago so it wasn't exactly breaking news that those 200k were under their control - but it is something to watch.

Consider this:

- MtGox creditors (customers) must be threated equally. This is an absolute requirement.
- The amount of fiat currency they have divided by fiat owed to their customers is X%
- The amount of BTC currency they have divided by BTC owed to their customers is Y%

This creates a problem. X not being equal to Y and the fact that X and Y creditors must be threated equal creates a problem. One solution would be to sell the 200k BTC and pay all creditors using fiat.

lol if a 200K wall pops up, i'm sorry but i'm gonna panic sell.. lol

I am long in both BTC and LTC, and haven't sold any BTC in a long long time.   If a 200k BTC sell wall comes up, I will definitely sell some and re-buy some though...

leveraged long?

you must be shitting bricks
9127  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 02:35:33 AM
580.CouldaWouldaShoulda
9128  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 02:33:55 AM
If I wasn't as much of a buy and holder as I am I would have sold on the news of gox having xxx,xxx coins left lol. People somehow associate this with a reason to dump...not to say there aren't good reasons for why you should sell.. just seems unhealthy to be so fearful.

The API did show those 200k BTC moving around a few weeks ago so it wasn't exactly breaking news that those 200k were under their control - but it is something to watch.

Consider this:

- MtGox creditors (customers) must be threated equally. This is an absolute requirement.
- The amount of fiat currency they have divided by fiat owed to their customers is X%
- The amount of BTC currency they have divided by BTC owed to their customers is Y%

This creates a problem. X not being equal to Y and the fact that X and Y creditors must be threated equal creates a problem. One solution would be to sell the 200k BTC and pay all creditors using fiat.

lol if a 200K wall pops up, i'm sorry but i'm gonna panic sell.. lol
9129  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 02:30:20 AM
I had to fill up my tank, and was caught in a naked long squeeze.

Is this a bad thing? It sounds good.

a long squeeze under these market conditions would be quite spectacular

and could be very painful if you dont know whats going on and sell during the squeeze...
9130  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 02:26:31 AM
this grinding down of the price is depressing....

but according to the chart above, it's a buying opportunity.
because cup and handle.
9131  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 12:54:08 AM
for those of you that don't visit /r/bitcoin


http://crypto-comics.com/

lmao nice
9132  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 12:37:47 AM

LOL!  The way you draw it makes it look a little scary, but as everyone knows...it only takes a little bit of good news to flip that graph upside down...
shhh i need cheaper coins.
9133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 21, 2014, 12:00:51 AM
9134  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 11:16:27 PM
Lawyers for MtGox have announced that they've found 200,000 of the lost BTC!!!
Was it a heist, or just some lost private keys?

Link: http://headlines.yahoo.co.jp/hl?a=20140321-00000038-yom-sci
9135  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 10:44:18 PM

so now we know how liquidity will work for B.I.T.

the "institutional investors" which we're allowed to get in early on bitcoin, are going to dump on "ordinary-investors"

as long as the SCC is there providing oversight makes this AOK

lmao


its really sad to think bitcoin might IPO on the stock market at a messely 600$ a coin
9136  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 10:30:15 PM

so now we know how liquidity will work for B.I.T.

the "institutional investors" which we're allowed to get in early on bitcoin, are going to dump on "ordinary-investors"

as long as the SCC is there providing oversight makes this AOK

lmao
9137  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 10:14:58 PM
http://video.foxbusiness.com/v/3365497539001/bitcoin-for-the-ordinary-investor/#sp=show-clips


host: "but bitcoin is not backed the US government"

berry: *sigh*

 Grin
9138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 10:04:27 PM
I need to stop looking at charts and work out how to get into building Bitcoin infrastructure.

you and me both!

really wasting tons of time in this thread / chart gazing, its fun but uselessness.



I broke free when I realized not evening goxxing could destroy bitcoin, it's just a time frame game now, especially as I am a full member of buy and hodler...don't think I'll ever been selling for dirty Fiat

its not a given that bitcoin will magically "happen" no matter what we do or dont do.
there are lots of opportunities up for grabs still.
now is the time to try big crazy things

lets make a MMORGP that uses BTC as its ingame currency to trade items

make it proper and you just made yourself 50K bitcoin.  Wink
9139  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 09:54:47 PM
I need to stop looking at charts and work out how to get into building Bitcoin infrastructure.

you and me both!

really wasting tons of time in this thread / chart gazing, its fun but uselessness.

9140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 09:08:26 PM
does anybody think we hit the bottom at 580? its a nice spot, and there is a small reaction. only not much volume.

pretty sure everyone thinks we hit bottom every time is drops marginally
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