Remember this one? We had some nice daily highs there as well.  |
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NEXT STOP 100 LEVERAGE UP GUYS  |
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Just like it happened after the Bitcoinica incident (from 4.64 to 6.95).
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Bitcoin price valuation depends on the projection of past to future prices. Or do you think people will check the fundamentals, conclude a price of 5.7 and stick with it? Think about how people down to 5.3 acquired coins, and the price goes back to 5.7 – they can now make a profit and compete with the guys who bought at 5.7! There is also a psychological effect, because people see a rise less likely. It makes perfect sense to reduce your ask offers. |
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LOL
Yeah, it’s too bad MtGox did not load so I could buy the 5.4 order (fucking bots). You guys are always good for a nice whipsaw!
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It’s good to see how well Bitcoins are distributed so that people can just dump 40k, really.
What a relief! I am thankful for our early adopters. Makes it awesome to hold Bitcoins.
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The trendline I have drawn seems to be violated now. I was wrong about the 5.45 bottom.  |
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Ok, so now I'm convinced that somebody just in principle wants the price to go down.
Wat do, proudhon? Wat do?  |
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I can confirm what zby said. When I withdrew a minor sum of BTC as well as USD (both MtGox codes), the USD got processed instantly while the Bitcoins took a while. This was while it showed * on buy, though and a few weeks ago as well.
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Did you guys miss me?   |
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Otoh, this really interests me now. Did you use leverage on Bitcoinica for the buy?
edit: sorry, the leverage buy must have been bigger as I see 15k BTC volume. I guess you bought AFTER that 10k buy.
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Starfish appeared first when someone bought 15k to 5.7$. So it seems plausible to me.
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When it’s on both BUY and SELL, it means Bitcoinica has connection issues to the MtGox feed atm. If you see it on SELL, post it. you are ignoring a small detail
Absolutely not.  They really did it again. Fuck Bitcoinica. |
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And then the Bitcoinica came! Here’s your potential dumper that can easily ruin your very strong short-term bottom.  |
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Really, Bitcoinica gamblers? Really?! |
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I read that correctly. It only takes a 15k dumper and there goes your very strong short term bottom.  |
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LOL Have you had a look at the volumes? People did panic, and they still are acting stupidly. You saying 5.45 is a "very strong bottom" makes me bearish. |
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I was watching (and I am still watching) live as 27k wall at $5.45 gets eaten. Right now, as of 00:15 UTC there's 7k left, at this rate we'll hit $5 in next hours.
Short term outlook: DOWN.
Aaaand, we bottomed out again at 5.45. Triple bottom on daily. Depth quickly replenished. Bear fail, again. |
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STOP IT WITH ALL THE ARGUMENTS THAT CONTRADICT MY CURRENT BITCOIN POSITION! I DON’T WANT TO HEAR ANYTHING CONTRADICTORY! I WANT THE JUNE GROUPTHINK BACK! I WANT IT BACK!   You mad, people? You mad? |
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u mad bro? I think you need to adjust your risk management regarding Bitcoin, clearly you have too much at stake. So someone makes a bearish thread and then suddenly everyone sells and Bitcoin dies? If so, I think it deserves to die. |
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