I suggest others to at least ask for a SCREENSHOT of his MtGox account, at least making sure he has the funds.
Screenshots can easily be faked. Save url, save web page, replace "0.00000" with "5,000.00000" or something, reopen web page, put the url in the address bar.
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Man what? There's like 50k of visible market depth to get to 6$/coin - and that's assuming that more depth won't materialize out of hidden reserves when it starts.
I mean, I hope we're going up, but a quarter million dollars of buy motion, in one day, on no news, is Fantasyland.
You are entirely mistaken. There is <25k BTC of visible market depth. There used to be <25k BTC to $5, but a formidable wall, during the last spike.
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I was expecting a stronger correction but it seems that the strength of the buyers is extremely strong right now. The correction was small and we actually might see $6 very soon. I think there will be a bigger correction at some point but it clearly isn't now, $5 is still too low for that. Bulls prevailed.
+1. I thought the correction would go to $4 ish but over 40k BTC of sells ($200k in spikes) weren't enough to stop this bull run. Bullish sentiment is proving to be resilient.
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Double ramp come on!
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$250.31008
I will hunt you down if you do not come through with your promise of 2 BTC.
lol wow that's a big prediction
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Hmm, we might see $10 bitcoins in 2012.
proudhon is coming around!
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breakout coming earlier than expected.
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Looks like we're moving back to 5.5...
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You do realize you are offering around $2500 worth of prize money? Of course he does
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Cl: 5.091 while the price is actually >5.2.
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I come to the conclusion that these options are scary things to write.
They sure are
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at 5,15 i got some sale orders Executed
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$1B: 4th Jan 2014 1g Au: 3rd May 2014
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Oh, you actually ran the model! So what did LCt come out to be?
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Here's a suggestion against my own best interests: Given the level of supply of willing lenders, have you considered adopting a market-based mechanism for determining the interest rate, either on btclending.com or GLBSE? Lenders could bid on the interest rate they're prepared to accept and you pay the minimum interest rate required to obtain the necessary funds you require. myc4 works sort of like this.
No, no, you're not supposed to talk about that! Shhh!
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<snip> We have forced liquidated positions as huge as 38,000 BTC without problems. <snip>
I just have to say: ouch. Wonder if that 38k BTC guy is still playing on Bitcoinica... I'd ragequit if I were him
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trying to play the small waves are just about impossible so why not get in now and ride the longer term wave up?
My surfboard is in the shop. It's getting a reality check. Don't worry, I'll be on your side again soon... when the price is right. There's a long way to go and we'll make it to $10 before April, and if you want to oppose that trend and wait for the crash, you, sir, will be waiting for a long time indeed. Sure, there will be a major correction... but this rally is going to continue for a while. You should take a look at historical bitcoin charts. When the price moves in a trend, it does so for a LONG time.
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How will you manage your counter-party risk? It has real potential to blow up in the face of whoever bids on this.
I'll look at WoT ratings and make a decision based on price/rating. Remember, this is NONBINDING so please bid a serious amount
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How is the lowest price determined? How will you be paying?
Lowest price is determined by the lowest of the mtgox daily lows; you will be paid with mtgoxUSD since it's instant, easy and non-reversible.
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