hdbuck
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Activity: 1260
Merit: 1002
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April 28, 2014, 12:25:02 AM |
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Is there any news?
No. please read previous post. My intent wasn't to troll, dead honest ... another "China Ban!!! ZOMG!!!" FUD post is not a troll? china is immaterial, the weak hands were looking for an excuse to panic sell and get cleaned out right before we break this wedge and head on up ... they find it every time, first it was china, then it was Gox, then it was china, again and again and again. wall st. is taking you guys to the cleaners, idiots. yeah. damn idiots. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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TeeBone
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April 28, 2014, 12:28:35 AM |
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Yeah, the expected wall st boogeyman being dangled out by the bull trolls. That all you got left ?
Btc the supposed anti-govt, anti-corporate money for the little guy needs a wall street bailout. Hilarious.
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slapper
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Activity: 1904
Merit: 1096
Leading Crypto Sports Betting & Casino Platform
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April 28, 2014, 12:30:41 AM |
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Yeah, the expected wall st boogeyman being dangled out by the bull trolls. That all you got left ?
Btc the supposed anti-govt, anti-corporate money for the little guy needs a wall street bailout. Hilarious.
Balance Sheet, Income Statement and SoCFlows incoming  |
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y3804
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April 28, 2014, 12:34:50 AM |
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Huobi pump incoming! already 2659 (from 2619)
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JayJuanGee
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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April 28, 2014, 12:36:55 AM |
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?
It's still 28 days left If you're so lit up on risto that you quote him, I would assume you would read the bet conditions on another note: pulled my $425 order Not sure where this is going to be honest still sub 400 would surprise me Then why pull the order? Doesn't make rational sense. Remember the balls of steel thread?  This will probably will be my last fiat that i'm wiring and i'm scared of getting burned Downtrends and even beartraps are a motherfucker when you're 100% btc I agree. Frequently, it is best to attempt to buy at the lowest possible amount, and when ALL of the exchanges appear to be going down rapidly, it makes one wonder how far down the price is going to go. On the other hand, as you suggested, if you have a little more Fiat to spare, then you may err on the side of investing a little more as the price is going down.. in order to NOT get left behind. Though since we have been in this price range (fairly recently), in the last couple of weeks, several of us have already bought at around these prices. I am thinking to buy around $420, now.... though I am NOT very confident that the prices are going to go much lower than that --- currently bouncing off to $433 from $425- but I will save some fiat, just in case we go to $400 or lower. |
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y3804
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April 28, 2014, 12:40:20 AM |
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Huobi pump incoming! already 2659 (from 2619)
2680... Finex trading under Huobi's price |
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podyx
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Activity: 2338
Merit: 1035
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April 28, 2014, 12:40:34 AM |
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I agree. Frequently, it is best to attempt to buy at the lowest possible amount, and when ALL of the exchanges appear to be going down rapidly, it makes one wonder how far down the price is going to go.
On the other hand, as you suggested, if you have a little more Fiat to spare, then you may err on the side of investing a little more as the price is going down.. in order to NOT get left behind. Though since we have been in this price range (fairly recently), in the last couple of weeks, several of us have already bought at around these prices. I am thinking to buy around $420, now.... though I am NOT very confident that the prices are going to go much lower than that --- currently bouncing off to $433 from $425- but I will save some fiat, just in case we go to $400 or lower.
true, gonna buy a percentage here |
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chromosoma
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April 28, 2014, 12:41:07 AM |
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artificial pump is there, prepare for shocking dump;)
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derpinheimer
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Activity: 896
Merit: 1000
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April 28, 2014, 12:42:04 AM |
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artificial pump is there, prepare for shocking dump;)
Its the natural bounce, but there is some reasonable support on China for it. nice manipulative dump on Bstamp tho. Damn China nearly to pre-dump levels. Stamp still going wtf after the wanna-be-dumper. |
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ShroomsKit
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April 28, 2014, 12:45:06 AM |
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So no news?
Just people trying to take Bitcoin down and the usual idiots following then while losing all their money?
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JayJuanGee
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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April 28, 2014, 12:45:39 AM |
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LOL Am I the only one who's gonna be scooping sub 300 like fucking crazy?? I came here to stack, I SMELL WEALTH (if it's true  ) I'm pretty pumped. Timed the sale of a domain name perfectly for this discount!! YOU Fucker!!!!! I'm so jealous.  |
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podyx
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Activity: 2338
Merit: 1035
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April 28, 2014, 12:46:16 AM |
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So no news?
Just people trying to take Bitcoin down and the usual idiots following then while losing all their money?
This could, like y3804 stated, be insider trading |
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p0peji
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April 28, 2014, 12:48:59 AM |
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So no news?
Just people trying to take Bitcoin down and the usual idiots following then while losing all their money?
The only thing that is being taken down atm is your and other hodlers profits. Bitcoin will exist anyways, high price or low. |
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SheHadMANHands
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Activity: 1168
Merit: 1000
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April 28, 2014, 12:49:37 AM |
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hyphymikey
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April 28, 2014, 12:49:44 AM |
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Who is willing to call a bottom?
I'd say we going to at least 382.
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JorgeStolfi
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April 28, 2014, 12:53:17 AM
Last edit: April 28, 2014, 01:21:23 AM by JorgeStolfi |
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if this applies to BTC MINERS that are MADE in china ..this could get real ugly real guick...
China would not OFFICIALLY ban bitcoin..but the result would be the same if they go after the btc equipment guys as well
My understanding is that these measures are not due to PBoC being worried about the economic/monetary impact of bitcoin. It seems to be the law enforcement and national security agencies that are worried about criminal uses of bitcoin trading for money laundering, bribes, etc.. Whathever their ultimate origin, the orders are coming through the PBoC because banks and payment processors are subordinated to the PBoC, so it is the PBoC task to figure out the detailed rules and inform the banks etc.. This interpretation seems consistent with public statements by PBoC officials, that for them bitcoin is a harmless tradeable commodity "like stamps" and they see no problems in their ownership or trade. The problem seems to be the flow of yuan between clients of the exchanges. I suppose that one can easily launder money or pay a bribe that way. In most exchanges, trades usually happen at the ends of the spread, when a buyer or a seller moves his order to meet a waiting order on the other side. However, the last time I looked at the individual trades at OKCoin, there were many small trades that occurred at random prices within the spread. Perhaps (I haven't checked) these middle-of-spread trades account for the steady background of volume (~10% of total volume) that one sees at OKCoin (and only there). The explanation I can think of for these middle-of-spread trades is a buyer and a seller (perhaps the same person) agreeing to post matching orders at the same instant at that price. Such "rendez-vous" trades could be a way to launder bitcoins and/or money in a way that would be difficult for the police to trace, even if they had access to the deposit and withdrawal records of all the exchange's clients (which the exchanges presumably provide). Only by analyzing the trade logs one could figure out who ended up transfering money to whom. Even then, if the trick is played with three or more client accounts (A "loses money" trading with B, who "loses money" trading with C, etc.) it may be impossible to detect intentional money transfers, say from a businessman to a government official. As for mining, if this interpretation is correct, neither the PBoC nor the security agencies should object to it. On the contrary, if the mined bitcoins are sold outside China for dollars, they are adding to the country's exports, which makes the government happy. EDIT: PS. here in Brazil, illegal gains have often been disguised by buying winning lottery tickets (at a premium ofcourse). A congressman made headlines a couple of years ago by winning dozens of large prizes, with tickets supposedly bought in the same remote small town. "I am a lucky guy", he explained. |
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podyx
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Activity: 2338
Merit: 1035
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April 28, 2014, 12:53:34 AM |
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Who is willing to call a bottom?
I'd say we going to at least 382.
410  (pulled from nothing) |
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TeeBone
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April 28, 2014, 12:53:46 AM |
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Who is willing to call a bottom?
I'd say we going to at least 382.
Me thinks 400 and 380 wont put up much of a fight. The war is at 340, if that gets taken out say hello to 266. |
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SheHadMANHands
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Activity: 1168
Merit: 1000
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April 28, 2014, 12:55:40 AM |
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Every day that passes produces more confidence in the core technology, as it runs longer and longer w/o a major, unrecoverable flaw. It thus becomes less and less likely that such a flaw exists, that would undermine the fundamental confidence. That adds value day by day. And day by day we get closer to the unleashing of Wall Street, and unleashing of the 100s of Bitcoin projects people are working hard at right now (Circle, etc.). Think we are nearing the momentum shift, once we have a bounce above the previous low (~$340). Don't hate the playa mother fcka. |
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JayJuanGee
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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April 28, 2014, 12:57:08 AM |
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So no news?
Just people trying to take Bitcoin down and the usual idiots following then while losing all their money?
The only thing that is being taken down atm is your and other hodlers profits. Bitcoin will exist anyways, high price or low. FYI - the profits of HODLers is NOT taken down unless one of two things occur: 1) they cash out and lock-in losses, or 2) BTC prices fail (or refuse) to go back up. These are possible outcomes, but are NOT necessarily probable. |
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