cashed out my last coins... I think this sucker will still crash even more, maybe I will buy back at 300 or less, or whenever it seems right.
It smells like capitulation, it doesn't yet look like capitulation, and it's taking a long time. At the current rate of descent, it looks like the bottom of capitulation (despondency) will be reached in about 3 months. Maybe some new FUD will help accelerate it downwards, so we don't have to wait so long to start a new bubble. |
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Hillary, she already was President twice, while Billy was fooling around with Monica and others.  |
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Increased seller pressure. Having a look at the bid sum / ask sum ratio at Bitstamp, and then the question should be 'why did it take so long?', with the answer 'because of hodling'.  |
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isn't this a contradicting news with what was annoucend aka, a long term plan which will include airstrikes, but probably arming the Iraqi army, I feel like that source isn't that reliable tho
Iraqi army had enough weapons to fight ISIS, but Sunni officers betrayed the Shia government (which oppressed Sunnis) and many of those weapons are now in the hands of ISIS. The US should urgently give weapons to the kurds, who are bearing the brunt of the ISIS offensive now. However, I doubt Obummer will do this. |
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A possible explanation for the difference between China and Bitstamp could be that insiders are transferring
their profits out of China. If insiders know in advance that PBoC's chopper will fall on Chinese exchanges,
moving their trading funds (in bitcoins) out of China would be a wise move and may cause some fools' rally,
like the one seen on MtGox in February, just before MtGox entered the death spiral.
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On Bitstamp the bid sum / ask sum ratio stays around 400$, compared with 700$ a month ago.
Just some minor FUD can trigger capitulation. The bulls need a miracle to avoid it.
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You should have looked at the latest MtGox announcement (24th July), which extends the claims filing deadline to 29th May 2015.
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Would this untested drug be forced on the population on a large scale for the greater good? What big Pharma will push for that bill? ZMapp can't be used on a large scale because it's not yet ready for mass production. On the contrary, the FDA approved and cheap clomiphene could be easily deployed. And Favipiravir being in phase 3 clinical trials means it's safe at therapeutic doses and is currently tested on 1000 - 2000 patients, so mass production is close. |
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A decent rebound and the bulls shout 'to da moon'. In order for the bullish scenario to live on, the next 48 (maybe 72) hours are critical.
If support at 540$ will be broken and new support found at 450$ or less, the bullish scenario will be invalidated, and we'll have capitulation.
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this is such torture
No it's not. The bullish scenario hasn't been invalidated yet. What are you going to say if this is capitulation and the price drops below 300$. What's worse than torture? |
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in OP's defence
bitcoin was pretty useless back them
AFAIK it was already used by Silk Road. And this necro should remind n00bs that millions of bitcoins were mined / bought at prices below 20$. |
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For me the pressure down feels like 2011 - long slow slide.
But due to lower seller pressure it's taking a lot longer than in 2011. |
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Clomiphene provided 90% protection in mice. Of course it's not an approved treatment, because getting a treatment
approved takes lengthy clinical trials. But with Ebola it's not possible to go by the book, the best option is to try clomiphene now
on patients that have a meager chance to survive with only palliative care. And see what happens, IMO it's worth trying.
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The people offering USD for swaps are in the btc market. When the price starts rising consistently, they will move their money into btc, and leverage will dry up on Bitfinex. That is the main reason most swap offers are 2 days: if the price skyrockets, they don't want to miss out.
I doubt that, it's more likely they want to be able to catch the bottom. |
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The cruel irony is that Ebola is treatable now, but the idiots don't know and keep believing there is no treatment.
25 days ago I saw the CNN interview of Dr. Peter Piot, the dicoverer of the Ebola virus, and after doing some
superficial research I found that there are several chemicals with good activity in vivo against Ebola, the most
promising being clomiphene (others: toremiphene, chloroquine, amodiaquine, ketotifen, diphenoxylate,
amiodarone, dronedarone, verapamil). I sent an e-mail to CNN about this but nothing happened...
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