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dreamspark
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May 16, 2014, 03:51:07 PM |
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Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...
Yep but unlikely to follow through without go... sorry I mean Huobi closing  What news could come now that's worse than Gox? Well if this TA was actually valid (I'm not saying it definitely is) then I think the idea is that you know that some type of event is going to reveal itself eventually because there is this persistent invisible wall at a low level where someone is distributing based on inside information, and while the whole market is bullish as hell, they keep bouncing off of this insider wall. Fair point, still doesn't answer what could be worse than Gox ? Even if all Huobi closed I'm not sure it would have the same % terms that gox did. |
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TERA
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May 16, 2014, 03:53:25 PM |
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If you were watching Huobi tonight you'd see it began with a wall about 5,000K BTC high, and then there was 20,000BTC of buying, and then it ended with a wall about 4,000BTC high. The wall keeps regenerating.
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Blue
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May 16, 2014, 03:54:30 PM |
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 and again and again and again... |
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oda.krell
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Activity: 1470
Merit: 1007
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May 16, 2014, 03:54:40 PM |
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Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...
Yes, there's a lot of similarity between the two plateau phases. But in my circlejerky echochamber TA thread I just posted and argument that there is one underlying difference, possibly, maybe, kinda: better buying support now vs. then, as evidenced by money flow. |
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ChartBuddy
Legendary
 Online
Activity: 2576
Merit: 2210
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 16, 2014, 04:00:49 PM |
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Richy_T
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Activity: 2800
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 16, 2014, 04:04:11 PM |
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Even when we are writing about bullshit politics, such as the role of government in the "new" bitcoin world? versus the role of libertarianism ? versus the role of anarchy? versus the role of socialism? And other irrelevant matters that we do NOT really agree or know anything about?  for example ripple ? Quite probably. My suspicion is action brings people to the thread but the discussion is not necessarily directly linked. |
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p0peji
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May 16, 2014, 04:12:10 PM |
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This is it!! Really good idea... no fees! Better than exchanges if they would have good rate  Looks good, its like everything is provided for free, no transaction fees, no fees for buying, free insurance. I guess their shareholders already hold a large amount of BTC, so they wont be buying anymore. |
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p0peji
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May 16, 2014, 04:24:38 PM |
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That is actually mega bullish!! ( I dont know why yet, but just insert random retard reasoning) |
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adamstgBit
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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May 16, 2014, 04:26:28 PM |
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That is actually mega bullish!! ( I dont know why yet, but just insert random retard reasoning) its pretty clear, china's government fears bitcoins awesome power. |
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Kupsi
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9.9.2012: I predict that single digits... <- FAIL
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May 16, 2014, 04:28:45 PM |
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That is actually mega bullish!! ( I dont know why yet, but just insert random retard reasoning) china's government fears bitcoins awesome power. ...and bitcoins will be more scarce in China |
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adamstgBit
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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May 16, 2014, 04:45:14 PM |
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That is actually mega bullish!! ( I dont know why yet, but just insert random retard reasoning) china's government fears bitcoins awesome power. ...and bitcoins will be more scarce in China unloading 10K BTC 20% above market rates in china will be quick painless and totally illegal thanks china. you just made bitcoin batshit crazy cool |
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ChartBuddy
Legendary
Online
Activity: 2576
Merit: 2210
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 16, 2014, 05:00:45 PM |
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hdbuck
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Activity: 1260
Merit: 1002
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May 16, 2014, 05:08:56 PM |
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ElectricMucus
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Marketing manager - GO MP
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May 16, 2014, 05:33:38 PM |
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gox revived uh, no |
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N12
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May 16, 2014, 05:44:08 PM |
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Bitcoin has a small risk of going to zero, perhaps 3% annualized. That is about the same as fiat cash, or stocks, so we are talking about a net zero risk.
GENIUS |
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ElectricMucus
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Marketing manager - GO MP
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May 16, 2014, 05:50:48 PM |
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Bitcoin has a small risk of going to zero, perhaps 3% annualized. That is about the same as fiat cash, or stocks, so we are talking about a net zero risk.
GENIUS Wait that means statistically fiat has a 50% chance to go to zero every 23 years. |
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chromosoma
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May 16, 2014, 05:51:58 PM |
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Pff, i am sure BTC will go down to 0 till the end of this year.
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Cassius
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Activity: 1764
Merit: 1031
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May 16, 2014, 05:53:17 PM |
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Bitcoin has a small risk of going to zero, perhaps 3% annualized. That is about the same as fiat cash, or stocks, so we are talking about a net zero risk.
GENIUS Wait that means statistically fiat has a 50% chance to go to zero every 23 years. Yup. Did it 4 times in the 20th century, or didn't you notice? |
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