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magicmexican
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June 28, 2014, 01:59:09 PM |
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Stupid glitch, now the graph is all fucked up, meh
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No Gods or Kings. Only Bitcoin
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 28, 2014, 02:00:44 PM |
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JorgeStolfi
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June 28, 2014, 02:09:02 PM |
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Of course you can't see the required volume in that spike, it was a glitch, a bug. But bots turned crazy and now where going down because Huobi says!
I don't think it is just the bots. Look at the 1d 1h chart, it should scare most wetware traders too. EDIT: The 1h chart is the one that looks really scary. Traders who open that chart now will probably panic. |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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June 28, 2014, 02:13:35 PM |
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Really strange for Huobi. Such dumps have happened pending FUD, but now it's weekend, no FUD should come until Monday.  |
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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June 28, 2014, 02:19:33 PM |
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Really strange for Huobi. Such dumps have happened pending FUD, but now it's weekend, no FUD should come until Monday. IMO its not worth to even trade now, well maybe but with only like 5% holdings. Risk is greater than the profits one can make at this moment; volume is quite low, and trend is uncertain. Better to sleep it off for a week or two, only daytraders can make money on this. |
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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June 28, 2014, 02:22:34 PM |
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What glitch..its for real, a heavy dump. Bad News from china to follow..  |
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Timmmaahh
Member
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Activity: 98
Merit: 10
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June 28, 2014, 02:22:54 PM |
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we're on the edge of rising or falling staps orderbook, never seen so flat.. market is very undecided of the auction. i guess soon we'll see 650 or 550 |
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akujin
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June 28, 2014, 02:24:29 PM |
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JorgeStolfi
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June 28, 2014, 02:27:15 PM |
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Are you sure that the glitch was in their fake buy order bot, and not in their front-running bot?  |
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JayJuanGee
Legendary
 Online
Activity: 3696
Merit: 10178
Self-Custody is a right. Say no to"Non-custodial"
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June 28, 2014, 02:30:31 PM |
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Unlike bitcoin, gold has practical application besides storing and transferring wealth.
So how do you call being able to formalise a contract without trust or third parties involved? A public ledger that anyone can use to vote where no one can lie or cheat the system? Bitcoin can be the money of the internet and a store of wealth but it has a lots of practical applications too. If you are only seeing the currency side of Bitcoin you are missing a lot of potential. He is only seeing the fabricated ponzi scheme side of bitcoin and the made up regligiosity of bitcoin... Pumpkinhead is NOT intending on engaging in a meaningful dialogue about various beneficial aspects of bitcoin, he just wants to attempt to simplify and then proclaim that he has all the answers and knowledge and that we are NOT listening to his brilliance... which his post history would show brilliance within Pumpkinhead (at least in regard to his bitcoin proclamations) is far from an actual tangible.. Though he may be brilliant at spreading FUD and/or derailing us from engaging in meaningful and productive discussions. |
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ShroomsKit
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June 28, 2014, 02:31:26 PM |
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The market is in full fear mode again. Over absolutely nothing.
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empowering
Legendary
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Activity: 1078
Merit: 1441
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June 28, 2014, 02:32:38 PM |
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Moody weekend  |
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JayJuanGee
Legendary
Online
Activity: 3696
Merit: 10178
Self-Custody is a right. Say no to"Non-custodial"
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June 28, 2014, 02:34:12 PM |
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C'mon people. Quoting Mervyn_Pumpkinhead is really destroying this thread. Cut that out.
He is going to single-handedly destroy bitcoin too.... OMG... NOT
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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June 28, 2014, 02:38:09 PM |
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The market is in full fear mode again. Over absolutely nothing.
Where do you see the fear? There's barely any volume so most people are doing nothing. I see a small rise to 604 a few hours ago, then a small drop to 592 and we're currently sitting at 595 on Stamp. This is just a regular boring market day. |
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JayJuanGee
Legendary
Online
Activity: 3696
Merit: 10178
Self-Custody is a right. Say no to"Non-custodial"
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June 28, 2014, 02:42:08 PM |
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C'mon people. Quoting Mervyn_Pumpkinhead is really destroying this thread. Cut that out.
A much better quoting policy  Seen a few articles lately from localised news sources about relatively small businesses being held to ransom with bitcoin and my tinfoil hat tells me its the start of a smear campaign. Probably just perfectly normal paranoia but just in case... This a real phenomenon that is going to need to be dealt with or addressed in some various ways... I certainly do NOT know the solution... except maybe there are some multi-sig solutions... but those seem to create problems as well... people robbed banks in the wild wild west b/c that is where the money was.... greed can be very powerful... and taking from someone else (or attempts at such) can be somewhat direct with bitcoin... |
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Facenose
Newbie
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Activity: 26
Merit: 0
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June 28, 2014, 02:43:27 PM |
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Unlike bitcoin, gold has practical application besides storing and transferring wealth.
What do you think the value of gold would be right now based only on its industrial applications? Its value is speculative. As far as storage of wealth the US gvt sure can't keep track of gold, and as for transfer, its pretty cumbersome don't you think? Gold has been double spent. |
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Hypnoise
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June 28, 2014, 02:49:15 PM |
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  new bubble really comming those graphs are very errective |
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Richy_T
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Activity: 2422
Merit: 2113
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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June 28, 2014, 02:51:22 PM |
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they wish that the world would be as static as their own intellectual development.
Hey, you're the one that wants a mechanism to keep the price stable (an idea that attempts to buck the market and is used in the real world to transfer wealth to the wealthy and powerful no less) |
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ChartBuddy
Legendary
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 28, 2014, 03:00:42 PM |
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empowering
Legendary
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Activity: 1078
Merit: 1441
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June 28, 2014, 03:07:36 PM |
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