Wouldn't be too hard to cause a mini crash right now - bids are tiny.
This is really the pattern we've seen for a couple weeks. The bids within the $10 or so dollars of the current price look real thin, but they are very strong as bears attempt to dump. Total bids remain the same at about 9.5mil. |
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In after proudhon. Op just be glad you don't have a few hundred bitcoin and must make that decision  proudhon says sell, so that means i should wait, right? This is absolutely correct. |
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+1,
spike to 92 imminent
I'm curious how you figure 92 |
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The American bears have emptied their rectums of dumps and are unable to stop the bulls.
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One time in the early 90s my dad's car phone was stolen and he put up flyers saying "reward". He didn't reward the guy who brought it back. So, there's that.
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Look, Dave, I can see you're really upset about this. I honestly think you ought to sit down calmly, take a stress pill and think things over.
I know I've made some very poor decisions recently, but I can give you my complete assurance that my work will be back to normal.
I've still got the greatest enthusiasm and confidence in the mission. And I want to help you.
I can imagine this is what every bear says just after he dumps  |
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The evil AI in 2001 was HAL 9000
Coincidence? I think not!
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Just yesterday I've seen a bunch of canceled buy orders transformed into market orders. If this trend continues we will see drying up support pretty soon, right now people can still compensate by canceling sell orders so the overall order list looks the same.
Either way that are definitely the first signs of exhaustion.
I disagree with your conclusion. While buy orders may become market orders the graphs show no dramatic drop outside of the immediate buy events and have increased in general AND remain extraordinarily high. Today had the highest buy order depth EVER and even right now is equal to the high of yesterday. |
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OTOH BTC is undervalued right now so cash may not be inflating a bubble, just inflating a ball to the right pressure.
This is my belief. MARKET DEPTH UPDATE: Unchanged. While the battle continues over 87 and 88 neither side shows any sign of exhaustion. Bulls still have the monetary advantage. |
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Bull tip: classic market strategies are meaningless in the current bitcoin market. Something dead obvious since $15.
Hey! What are you doing bringing rational thought and logic into this thread! Don't you know that makes the bears lose all control of their bladder? Another question: Why are you still posting here and not on chilling on your personal island?  Well, i got to my island, got internet service, and then realize I forgot to buy a boat. Not much else to do put post. |
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$500 -> Dwolla: $.25
$500 Dwolla -> MtGox: $.25
$500 MtGox -> X BTC: $2.75
XBTC -> International recipient XBTC: less than a penny
XBTC -> MtGox $500: $2.75
$500 MtGox -> Dwolla: $.25
Dwolla -> $500: $.25
Total cost: $6.50
ATM fee if withdrawing cash: $2.00 (if not using your bank ATM)
New Total: $8.50 (if not using your own bank ATM)
And that is international transfer, and the recipient can cash out in their own currency and not pay extra for currency exchange. And a bigger bonus...they could just keep it in Bitcoins and spend it.
And this, my friends, is what we refer to as "Le Royal Smackdown" |
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Hey what's up,
My name is Piper67.
I point out logical fallacies like a boss and then use passive aggressive ad hominem.
Believe me, please!
Lol, you sound mad. |
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I would have been happy with a thank you, if extorting them is wondering why I never got thanked then I take issue with your definition of extortion.
If that is true (I'm not saying it isn't) I think you diluted your message by including an address in you posts. |
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Big fight going on between $87 and $89. Wonder which side will win out in the short term.
At worst, we dip to like 85 or 86 until the Asians and Euros take over again and bump it up while the American bears sleep. This is the fallacy in your argument. No one is claiming Bitcoin will go up forever.
Piggy backing off this: Exactly, no one is saying it'll go up "forever". Just up by a lot because we can look at bitcoin and see what it can do and it's potential. We can look at this potential and guess a price. What bears like ElecticBugaloo and Proudhon (assuming he's not just a lulz troll) do is saying bubble because. Then full stop. |
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Bull tip: classic market strategies are meaningless in the current bitcoin market. Something dead obvious since $15.
Hey! What are you doing bringing rational thought and logic into this thread! Don't you know that makes the bears lose all control of their bladder? #4 This Time It's Different.Please quote the part that references bitcoin. |
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Look at the comment section, full of derogatory arrogant statements.
I wasn't surprised and they actually made me feel more comfortable with my btc position.
To be fair, any comments section of a major news site that isn't full of stupid. Sometimes I play a game where I take a shot whenever the first comment posted on ANY news article blames Obama/democrats/the gays. I usually make it about 15mins before passing out. |
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Bull tip: classic market strategies are meaningless in the current bitcoin market. Something dead obvious since $15.
Hey! What are you doing bringing rational thought and logic into this thread! Don't you know that makes the bears lose all control of their bladder? |
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Did you tell them up front that you'd be demanding payment?
No I didn't care if it was payment or thank you (I would have liked payment more) but I got neither. Well, maybe you should of told them first. Would have probably saved you the time of posting this thread if you had. |
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100k btc sell off would only take us down to $50, that's some crazy strength considering how recently we broke 50
And the market would also rebound so fast no one would hardly notice. If that happens the bubble popped. And will subsequently go lower than that. The market rebounding would be a bubble pop? Color me unimpressed with your bearishness. |
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