Wasolraj made a bad trade based on his recent posts.
Never. But I am mildly upset that the Great Manipulator has turned its eye towards Ripple. Hopefully, its wrath is only momentary. Can you please quit with the Ripple shit? No one here cares.
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November will be a very hot month.
November will be critical in my opinion. The next 5 Novembers will be critical TM
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If you reply to this thread, then I would kindly ask you to express yourself in a calm and constructive manner. Thank you!
Ok, then I will calmly tell you where you can stick your crappy, POS PnD scamcoin alternatives. Also, if you are shorting btc, you better close your position soon... troll
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Well whales... you don't have any Bitcoin left it seems...
Shhh. Careful, they may hear you and dump on your head just for fun..
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350 incoming.
Yep you're right, massive sell wall @ 350 incoming.
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Seem like the bottom is really over now, time to buy...
The bottom might be really but there's nothing pointing to a trend reversal. Price can hover to 320-360 for a loooong time now. I have 0 faith that we will see >450 this year. That is sad, we need some big positive news to drive BTC up... Lol. Thanks for making me nearly shoot coffee out of my nose!
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Hey, here's an idea. Let's discuss a subject (confirmation times) that's been discussed a gazillion times on 1000 forums/websites over the last 5 years. Because I'm sure that NotLambchop, in his infinite wisdom, will surely bring up some new information regarding that subject that has never been pondered a thousand times before! I've always wondered what the actual ratio is for people who address questions with this sort of response out of frustration for having the answer the question "a gazillion times" vs people copping out because they don't know the answer, either. 1000000000 : 1 It's like trying to seriously debate the question, "Will anyone be able to afford bitcoin when it gets too expensive?"
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... Nonsense. Long before Bitcoin was a thing, I dreamed of money with wildly fluctuating buying power. I imagined a world where it took an hour to buy a cup of coffee, an hour to gas up your car, an hour to buy a bag of groceries... Because math.
Zero confirmations duh. ... Err. I'm solow, explain to me how that works. Hey, here's an idea. Let's discuss a subject (confirmation times) that's been discussed a gazillion times on 1000 forums/websites over the last 5 years. Because I'm sure that NotLambchop, in his infinite wisdom, will surely bring up some new information regarding that subject that has never been pondered a thousand times before!
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DieJohnny is right, if all 10 of you that are reading this thread would start to just.... oh wait
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The current infrastructure for buying is unacceptably shaky. A lot of them are going to be prohibited from putting any money in until there are properly regulated options.
They're going to be pretty conservative compared to the hedgie types who are taking a risk.
It's a miniscule market that could be wiped out with ease.
They're not here to make anyone but themselves rich.
But no!!! Barry Silbert said they'd be coming in second half of 2014! He promised!! /s
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To the OP, how fast you become a bitcoin millionaire really depends on HOW MANY (er, how much) you bought. Not what you paid per coin. Also, stop thinking in terms of whole coins. Start thinking in amounts. Like, "Right now I own $3380 worth of bitcoin." Or "I own 10/21 millionth the entire amount of bitcoin there will ever be."
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It looks like someone is trying to paint a double bottom reverse head-and-shoulders on the 1h.
Will it be convincing? Lol
We need mega volume right here! BUY BUY BUY
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Anyone have any info on short positions, have they moved since yesterday?
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Bitcoin - The next 24 hrs 2 weeks 4 months are criticalTM
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http://techcrunch.com/2014/10/06/what-is-happening-to-bitcoin-right-now/Note the quote. Exactly what i was thinking. It makes the most sense of all theories i've heard yet it's the hardest to believe for most here for some reason. "Seems pretty clear to me. An early adopter decided $300 is their breaking point. They want to cash out their $9m before they miss their chance. They’re not experienced with handling this amount of money because they’ve never been rich before; they just got lucky. They don’t have the connections to sell off-market so they decided to sell the way they know and the way that’s guaranteed to work: a Bitstamp sell order below market. They could maybe get more money with a more sophisticated trading strategy but who cares? They’ll take their $9m and retire on a beach somewhere for the rest of their lives. That’s what I’d do if I had 30,000 BTC right now and I bet you would too." The guy was looking at the price going down every hour and basically panic sold. Below 300 was just too much for him. He was losing 10.000's per day. He moved the coins to Stamp, right away did a 5k dump to secure a good amount of money (his aim was a million) and when he saw there were buyers he put the rest up at 300. Perfectly reasonable explanation. He wasn't the bearwhale. He also isn't buying back. Just a guy who wanted out. Yes, that happens. Pure speculation without any real basis in reality to conclude that was what was going on with that 30k btc selling. I agree, and even an immature early adopter wouldn't have been so stupid not to sell much earlier in the downturn. He had 10 solid months to do so.
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Proud to say I was buying through that wall!
Lucky you. I was cursing the fact that I had to wait until today to buy. My neighborhood BTC ATM is not available on Sundays. I still paid less than US$330 cash per anonymous coin including fees so I'm not complaining. Screw the nosy banks, corporations and foreign governments. Premature high-fives and victory laps, guys. We could easily be right back at $300 in less than a week. Sad, but true.
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Whew... wow man, look at all that rising volume! All that buying, wow. People are just killing themselves to get at these cheap coins.
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I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out
Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere. In that case you'll have weeks of sideways and plenty of time. I think so too. I'd like to see some slow down in the Rate we get bubbles honey badger don't care, man. Honey badger's 'masters' do, though. Or at least I thought they did. Honey badger's masters now need the new Joe Public to buy like crazy. But they destroyed market confidence by excessive shorting for almost a solid year straight, so now Joe Public is scared as hell to touch bitcoin. A new ATH is probably at least 24 months away. I would LOVE to be proven wrong, would love it. But people are really disregarding bad market sentiment now. As if it will just magically go away in a few months. Even existing bull bitcoiners are getting discouraged and are probably not buying more.
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I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out
Don't worry, unless you see it suddenly break 350 with rising and heavy volume that sustains for a long while, the price is not going anywhere. In that case you'll have weeks of sideways and plenty of time.
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Too many people saying the bottom is in and doing victory laps.
If we don't break 350, and stay above it for longer than a week with RISING volume, then we'll likely slump back down as short terms traders close long positions and take profits again. Wouldn't be surprised at all if we were back down to ~300 two weeks from now.
And what's to stop the whales to short AGAIN once we hit 600 again?
Also, people disregarding the bad market sentiment that has been created over the last 10 months, as well as the last 24 hrs, are completely delusional. Joe Public is not touching bitcoin for a VERY long time, and I wouldn't blame them. It could take upwards of 24+ months to see another ATH again.
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