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461
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Economy / Speculation / Re: Enjoy the volatility!
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on: November 13, 2014, 10:21:13 PM
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I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too.
Well if everybody's doing it.... Everyone is buying atm sir... Very few smart money traders here... bunch of "dumb money" floating around here! That's why buyers here re going to get burned bad!! glta Oh, silly me.... I thought I saw red candles as well as green. I must be developing color blindness. Hint: only a sith deals in absolutes Also, I'm not sure what the Gay and Lesbian Tennis Alliance has to do with anything. |
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462
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Economy / Speculation / Re: Enjoy the volatility!
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on: November 13, 2014, 09:53:29 PM
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I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too.
Well if everybody's doing it.... |
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463
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Economy / Speculation / Re: Enjoy the volatility!
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on: November 13, 2014, 09:03:52 PM
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Bitcoin is following the market process to a T
Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys!
How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? I am reffering to 480 sir. This is when my shorts went in full margin! More funds on the way too & Historical peaks of course... but think about the short term! We hit 70%~ short interest before. These people can still add to their positions and crushhhhhh Where you getting $480 from? We only reached $453.92 and we're @ $410 now right? 2977 Chinese Yuan equals 486.06 US Dollar But I have no idea how he shorted on bitfinex at $480 since it peaked at $475. |
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464
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Economy / Speculation / Re: Enjoy the volatility!
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on: November 13, 2014, 08:49:25 PM
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Bitcoin is following the market process to a T
Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys!
How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? I am reffering to 480 sir. This is when my shorts went in full margin! More funds on the way too & Historical peaks of course... but think about the short term! We hit 70%~ short interest before. These people can still add to their positions and crushhhhhh I'm confused... Novice investors who are buying now at the high($400)
Good luck with your shorts. |
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465
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Economy / Speculation / Re: It's happening! --- 3̶6̶0̶$̶ 454$
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on: November 13, 2014, 07:59:07 PM
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$50 more likely
Do you want to bet ? 10BTC (at 50$ it's cheap), than the price won't reach 50$ You'll need to put a timeframe on that bet, otherwise he'll still be claiming it will happen when we hit $5k. |
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466
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Economy / Speculation / Re: Enjoy the volatility!
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on: November 13, 2014, 07:55:01 PM
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Bitcoin is following the market process to a T
Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys!
How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? |
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467
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 13, 2014, 04:12:33 PM
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I shprted at 340 using leverage. Fuck I lost a lot of money.  Shit fuck, wHY DID I NOT HODL? This is one of several posts of this type ive seen. A brand new member simply stating theyve lost money shorting. Theyre quite obviously fake, but im wondering whats the purpose of them? Is it some manipulator trying to give people the idea that the price wont drop again and that you should not short, or is it just someone trying to make fun of ppl who short? Or it could be new members who got burnt because they didn't know how vicious the bitcoin bulls are. But I guess conspiracy theories are more fun  . |
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468
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Economy / Speculation / Re: Analysis never ends
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on: November 13, 2014, 03:26:56 PM
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If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.
The "historical count" in EW is the highest level count that encompasses all of the history. Does "all of the history" include the future? No, but the count predicts what the future holds. I don't know if it is right or not. No one does. But if we did just complete "historical 2" than "historical 3" next. |
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469
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Economy / Speculation / Re: Analysis never ends
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on: November 13, 2014, 03:05:10 PM
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If "historical 3" is hypothetically in the future then the term is counter intuitive. Historical typically refers to the past, not the future.
The "historical count" in EW is the highest level count that encompasses all of the history. |
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470
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Economy / Speculation / Re: SecondMarket Bitcoin Investment Trust Observer
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on: November 13, 2014, 02:31:15 PM
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If the data is accurate, 6847 Bitcoin was bought yesterday
(There was a mistake in my previous update)
Things are starting to heat up again! any info why? I do understand little of the legal stuff going on in the usa - but did they also plan to start an etf? I remember something like that. That ETF is not even happening in its current form... everyone here on wall st already knows that Oh great exploiter of the masses, please tell us why we can not have an ETF? Would it interfere with your fleecing process? |
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471
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Economy / Speculation / Re: Critical Levels - EW analysis
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on: November 13, 2014, 02:05:06 PM
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Anyone see a problem with taking smaller positions using 20x margin, and just using the margin call as your stop loss?
No problem as long as you are willing to lose it all. |
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474
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 09:24:39 PM
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I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.
I guess what I'm trying to say is that this isn't probably the right forum to be sensitive about name calling. People are making huge amounts on a day like this or losing huge amounts. There will be s--- talking. If you want a tea and crumpets parliamentary level conversation then there are plenty of book clubs. I hear people like those a lot. But, in a maniac day... have thicker skin. People are not going to self-moderate themselves and it is unrealistic to expect that. Not that I mean any offense to you... but c'mon. Translation: I don't give a shit how my actions reflect on me. I'm going to express myself however I want, and if it makes me look like an idiot, so be it. I'm emotional today. youre not you. ^^ Yes, I am not me. |
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475
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 09:04:21 PM
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I was calling you out on the random childish name calling. Just because there is one (or more) idiots in the room doesn't mean that you have to join them. Acting out like that is a personal decision and reflects on yourself only.
I guess what I'm trying to say is that this isn't probably the right forum to be sensitive about name calling. People are making huge amounts on a day like this or losing huge amounts. There will be s--- talking. If you want a tea and crumpets parliamentary level conversation then there are plenty of book clubs. I hear people like those a lot. But, in a maniac day... have thicker skin. People are not going to self-moderate themselves and it is unrealistic to expect that. Not that I mean any offense to you... but c'mon. Translation: I don't give a shit how my actions reflect on me. I'm going to express myself however I want, and if it makes me look like an idiot, so be it. I'm emotional today. |
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476
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Bitcoin / Development & Technical Discussion / Re: Is it really necessary to keep bitcoind on separate server?
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on: November 12, 2014, 09:01:08 PM
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Subject.
Imagine, that there is web-server and bicoin-server.
What if hacker will get access to web-server and make RPC call to bitcoind server and send coins to his address?
In this case no reason to have separate bitcoin-server for this. Or I missed something.
You shouldn't have your web server rpc call to bitcoind. Bitcoind should be on a locked down server that only allows outgoing connections to the database so it can ask the database what needs to be sent and allow it connect to a single bitcoind instance you control that is only used to broadcast transactions. Of course, you should design it in such a way that an attacker would have to spend significant time understanding your built in checks before they are able to fake records without tripping up your automated integrity checks. If an integrity check does fail, immediately send all funds to a cold wallet and cease operations until a human can check it out. Even with all that, most funds should be kept offline and only made available to the bitcoind server when it's supply runs low. |
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477
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 08:52:04 PM
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Nice one to the idiots bears shorting with my coins on finex. Thanks for the interest!
You're welcome. Yes, I'll admit it. Opened a short yesterday at 383, closed it at 406, rode long for a bit to 425 recouping part of it (about 2/3), and am short again at 425. This market right now makes not a lick of sense to me. Too much, too soon, no reason... it's entirely possible that it was just oversold for a long time, but damn if this isn't a bit too sudden a change. In a market like this you don´t go short, you close longs and open new ones(at a lower price) if you´re sure that a bottom is in and we´re going to break to new highs. Shorting in a massive bull market is stupid as fuck IMO  It wasn't a massive bull market literally less than 24 hours ago, we got turned back at 2750 on Huobi and OkCoin and 2650 on Huobi just a few minutes ago suggesting that the bots have called the top, and it just seems like too much too soon. Also, I'm using relatively narrow stops (not very narrow) and am willing to swing back in the market and ride to the next pivot point to recoup a portion of losses. Like, yesterday, I made a dumb--- call at 383... but I didn't absorb the entirety of that loss. So, there's that. As to the other gentleman, Inca, who said I'm resorting to name calling... a guy was posting porn on here earlier today... it's been a bit of a crazy day no matter how you slice it. Fair? It's been a massive bull market since trading started in 2009 at less than 1 penny/BTC. If the bulls didn't move quick, they wouldn't catch as many bears with their shorts on. |
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478
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 08:32:58 PM
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Cmon, no fucking way we will not go down here..
Did you sell? I closed a small bit of my long, Hoping that we hit 410 atleast Yea, this s--- has gotten more than a little bit cartoonish at this point. Even the fiercest of hodlers wasn't saying... oh, we'll be at $450 today. Whoever just happened to have coins, good on you. But, this s--- is cartoonish. The "fiercest of hodlers" are holding because they know everything in the 3 digits is WAY too low for bitcoin price. $400's is just childs play. Hey, I'm not saying you all won't sell or that you don't have a wild valuation in your head -- what I'm saying is that you didn't wake up this morning and think it would be this price on the market board. No f---ing way. I wake up EVERY morning knowing that the actual value of bitcoin is wayyy higher than the current price and I'm waiting for that correction to come. 2014 was the year of the " Great Shakeout" and you probably have very few coins right now. I see you joined the forums after the 2013 bubble and you have only seen the bear side of bitcoin. I told YOU specifically about a week ago, and I paraphrase, "I hope you realize that bitcoin IS the end game and that you don't miss the train being left as a fiat bag holder". Crackpot! You are doing better than me, but you are still a cultish crackpot. Such aggression, so sad. Did you not see the crazy bull---- that guy wrote. I mean, c'mon. Doesn't even come close to the wildest things I've seen here from bears and bulls alike. Bitcoin does have the potential for much higher valuations, and 2014 has been quite a shakeout. |
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479
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 12, 2014, 08:29:58 PM
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Cmon, no fucking way we will not go down here..
Did you sell? I closed a small bit of my long, Hoping that we hit 410 atleast Yea, this s--- has gotten more than a little bit cartoonish at this point. Even the fiercest of hodlers wasn't saying... oh, we'll be at $450 today. Whoever just happened to have coins, good on you. But, this s--- is cartoonish. The "fiercest of hodlers" are holding because they know everything in the 3 digits is WAY too low for bitcoin price. $400's is just childs play. Hey, I'm not saying you all won't sell or that you don't have a wild valuation in your head -- what I'm saying is that you didn't wake up this morning and think it would be this price on the market board. No f---ing way. I wake up EVERY morning knowing that the actual value of bitcoin is wayyy higher than the current price and I'm waiting for that correction to come. 2014 was the year of the " Great Shakeout" and you probably have very few coins right now. I see you joined the forums after the 2013 bubble and you have only seen the bear side of bitcoin. I told YOU specifically about a week ago, and I paraphrase, "I hope you realize that bitcoin IS the end game and that you don't miss the train being left as a fiat bag holder". Crackpot! You are doing better than me, but you are still a cultish crackpot. Such aggression, so sad. |
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