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paulie_w (OP)
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November 22, 2012, 09:14:05 AM |
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and there it was, boom!
what happened?
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ElectricMucus
Legendary
 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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November 22, 2012, 09:20:23 AM |
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2nd part of the wordpress rally. The bulk waited for the right trigger to buy after they wired their cash to mtgox. Sheeple, herding and such. That was well expected. What triggered it, at this point in time? Probably what Mister M. had last breakfast.  |
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GeoRW
Sr. Member
Offline
Activity: 350
Merit: 257
Trust No One
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November 22, 2012, 11:33:10 AM |
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we are nearing the reward halving, expect high volatility; spikes and crashes
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vokain
Legendary
Offline
Activity: 1834
Merit: 1019
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November 22, 2012, 11:51:11 AM |
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we are nearing the reward halving, expect high volatility; spikes and crashes
good. |
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naima53
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November 22, 2012, 11:59:50 AM |
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boom. Just boom ..  |
Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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Yuhfhrh
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November 22, 2012, 12:06:10 PM
Last edit: November 22, 2012, 01:44:13 PM by Yuhfhrh |
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People were getting hungry for thanksgiving! Happy thanksgiving everyone!  |
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elux
Legendary
Offline
Activity: 1458
Merit: 1006
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November 22, 2012, 12:14:44 PM |
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and there it was, boom!
what happened?
Someone bought ~36K BTC. In one big bite. (More than 420000 USD worth.)  |
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vokain
Legendary
Offline
Activity: 1834
Merit: 1019
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November 22, 2012, 12:23:48 PM |
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and there it was, boom!
what happened?
Someone bought ~36K BTC. In one big bite. (More than 420000 USD worth.) That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go. |
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cypherdoc
Legendary
Offline
Activity: 1764
Merit: 1002
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November 22, 2012, 12:31:54 PM |
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elux
Legendary
Offline
Activity: 1458
Merit: 1006
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November 22, 2012, 12:37:33 PM |
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That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go.
It tends to happen when a lot of funds hit Mt.Gox all at once. (Waiting bids get filled in.) It's either that... or... a big blue bitcoin monster... |
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deeplink
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November 22, 2012, 12:40:31 PM |
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That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go.
He may have made the best investment of his life. |
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n8rwJeTt8TrrLKPa55eU
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November 22, 2012, 01:20:35 PM |
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That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go.
He may have made the best investment of his life. For people on a cost averaging purchase plan like myself, it's psychologically very difficult to buy on spike days like today. I hate paying up. And yet, I look at the trend in news during the past few days: Wordpress, Spain banning cash transactions over €2500, etc. And I press the buy button. With urgency. $12.15, still a bargain. |
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Frequency
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November 22, 2012, 01:25:51 PM |
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That's unprecedented, one person? squeezing whatever bears we had, wassup mr. m. up we go.
He may have made the best investment of his life. For people on a cost averaging purchase plan like myself, it's psychologically very difficult to buy on spike days like today. I hate paying up. And yet, I look at the trend in news during the past few days: Wordpress, Spain banning cash transactions over €2500, etc. And I press the buy button. With urgency. $12.15, still a bargain. Yuuuuuuup and don,t forget Paypal is digging there own grave to..... |
COINDER
COINDER
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genuise
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November 22, 2012, 01:31:03 PM |
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and there it was, boom!
what happened?
Someone bought ~36K BTC. In one big bite. (More than 420000 USD worth.) wrong - no more than 15K... check the data |
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imanikin
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November 22, 2012, 01:39:22 PM |
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and there it was, boom!
what happened?
i think it's just the latest pump and dump. |
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klaus
Legendary
Offline
Activity: 1932
Merit: 1004
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November 22, 2012, 01:53:48 PM |
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wrong - no more than 15K... check the data
i think he took 2 days and 12 hours time period. so youre both right. |
bitmessage:BM-2D9c1oAbkVo96zDhTZ2jV6RXzQ9VG3A6f1
threema:HXUAMT96
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kokojie
Legendary
Offline
Activity: 1806
Merit: 1003
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November 22, 2012, 04:30:29 PM |
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and there it was, boom!
what happened?
Someone bought ~36K BTC. In one big bite. (More than 420000 USD worth.) For someone to buy 36k BTC, then that means some other people sold 36k BTC. The reason for price to rise is buyers out number sellers. A trade for 36k BTC doesn't mean anything, could happen in a crash too. |
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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naima53
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November 22, 2012, 05:14:06 PM |
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\....\The reason for price to rise is buyers out number sellers. \....\
THIS! |
Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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genuise
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November 22, 2012, 07:03:17 PM |
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 just small illustration of the events discussed. |
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elux
Legendary
Offline
Activity: 1458
Merit: 1006
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November 22, 2012, 07:42:39 PM |
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wrong - no more than 15K... check the data
Weird. Clark Moody did indicate 30K volume from ~11.7 to 12.00. And 5-6K more up from ~12.00 up to 12.10 some minutes later. Anyhow. It looks like I was quite wrong. I humbly submit to the data and offer my apology. What sorcery is this? I don't think I've seen this tool before. |
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