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345 to 325 to 367 inside one minute. Gox is awesome.
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Ok I bought at 646. Time to go up. Lets see if I get plastered on this one  Well that didn't go so well. Wasn't watching the market the last hour or so then looked at the screen, got a surprise and got straight back off again at 646. Lol. Thank god it's BFX so the fees are tiny. You are in the wrong mindset. In a year's time it won't matter if you got on at 646, 570, 720, or even 850. It'll all look almost the same. Get on whenever you have fiat. Take it from my experience, if you try to get on and off looking for the lowest price, you'll either be left behind when the next upward correction starts, or will slowly bleed away on fees. Don't worry. I have cold storage. I don't trade those. |
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Howeve, if the "oldest and most prestigious" exchange fails, it will probably be all over the mainstream news media, and will scare more potential investors away from bitcoin. Since I believe that bitcoin is a terrible investment, I think that will be a good thing; but it will depress the price even further over the next few weeks.
So cheerful I love it. |
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Ok I bought at 646. Time to go up. Lets see if I get plastered on this one Well that didn't go so well. Wasn't watching the market the last hour or so then looked at the screen, got a surprise and got straight back off again at 646. Lol. Thank god it's BFX so the fees are tiny. |
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Ok I bought at 646. Time to go up. Lets see if I get plastered on this one |
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Indeed Jorge. But I feel that way about the stock market as well.
I am sure you recall Enrons black box.
The first exchange to allow PWC to audit its books will have a competitive advantage. Maybe that will be Circle.
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When Gox goes to zero things will become more interesting.
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Conspiracy Theory17,000 coins between $900 and $1400 on Gox , most of which recently added. And only 7,500 coins till $890 During the slide down coins has been increasing on the ask side. However the bulk added is above $900. This tells me some 'smart' guy/entity is manipulating the ask sum, or is expecting the price to explode and hit over $ 1000. Goxxed?  Even blind Freddy knows the price will explode when withdrawals re enabled. |
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Looks like the USA woke up  People are keep saying things like this forever with absolut no empricial evidence that it has some influence on the price, when some country wakes up. One Question: Sometimes Asia wakes up , sometimes the US east, sometime USA west. So why does Europa never wake up? Sounds like someone woke up on the wrong side of bed. |
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Looks like the USA woke up |
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Coinjar the Australian market maker is out of coins.
Orders are queued. Australia is buying.
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Just checked the Gox website no new press release.
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wtf BSP has teleported up 20 dollars on bitcoinwisdom 1 min chart. There isn't even a candle. I would say time to sell but the candle hit my limit order anyway |
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You should get at least some US morning bounce. Still 3 hours until San Francisco wakes up and starts buying.
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Wot no $10, what's taking so long?
Just out of curiosity is it your intention to post that question every day until it happens? |
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I see two outcomes here. We bounce around 600. Or Gox takes us into the abyss. I don't know which is more likely but the second concerns me.
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I'm hoping 588 is not a bull trap. It's ok though it's just one position of many.
For me, catching the falling knives is the easy part. It's knowing when to throw them back that's hard. Resistance at ~$500 has been tested twice, and held up under extreme conditions. This is the range we are in unless some other factor comes into play. We have gone to $100 on two different exchanges this week. I hold no confidence in 500 or any other number. |
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I'm hoping 588 is not a bull trap. It's ok though it's just one position of many.
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So we got back to 625 and then someone puts up a wall there to make sure we go down again.
What is it with these people? When is it enough? Why the need to just take us down and then down some more? We'll be at 500 soon if this continues. Will people push it down from there on because there will be cheap coins at 300?
And the sheep in the meantime just keep selling because they think that will get their money back.
Really, when is it enough?
All the bears here, is this what you wanted? Are you extremely happy now? Or do we have to go down further? Are you people even buying coins or do you just enjoy the market crashing and everybody losing money?
I just don't understand the logic of constantly pushing down.
You don't understand psychology also. I sodl at 629 so I could buy at 588. |
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The underlying issues have not been resolved.
What underlying issue? One more time... If it does not affect the protocol implementation or network, it is irrelevant in th long term. The malleability bug does not. We have a new class of investment, open and anti-fragile. Get used to it. I don't disagree. But the shenanigans at Gox are going to be a drag on the market until they get their act together or sink below the water. And while the protocol is anti-fragile the price is not. |
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