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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 24, 2014, 03:23:41 PM
So the question is how many people are gonna wake up and see their limit orders filled and want to cash out vs. how many are gonna turn bullish?

A whale dumb enough to give away $150,000 is not going to buy back in lower, but may buy in higher in a few weeks.

Dude. "Rich" and "dumb" are enemies. One can be both things only for a short period of time. And this one is surely rich. On whether he is soon to be poor, that has to be proven.
So far all we know is that he had 5.5 million to spend, and he burned 150k in the process.


You don't live in a country with a Royal Family then?

That was my first thought--"unless you are born into royalty, in which case "rich" and "dumb" are permanent and inseparable!"
2  Other / Beginners & Help / Re: Gox, even more Stamp and BTC-E, struggle to match China on: November 19, 2013, 12:07:35 AM
China does their own thing now, anyone outside of China cannot get in on BTCChina if they want anything other than CNY out of it.

As for why China is so much higher than elsewhere--demand.  The Chinese see BTC as a novel, secure digital currency that is sufficiently adopted and has enough value to store their wealth.
3  Other / Beginners & Help / Re: Multibit Wallet on Multiple Devises (& Back Up) on: November 18, 2013, 11:59:36 PM
Yes,

MB lets you export an entire wallet, and import that wallet into another device.  It's main feature/selling point is that one application can handle multiple wallets.  Unlike the official Bitcoin-qt, where one application *IS* one wallet (...essentially).
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