Blazed
Casascius Addict
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Merit: 1119
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July 15, 2014, 03:57:44 PM |
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I really hope so! I am ready for a lunar landing and beyond! |
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wachtwoord
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Activity: 2324
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July 15, 2014, 03:59:34 PM |
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Yep. And he also just follows the crowd of other wannabe TA newbs. I can't WAIT for the short squeeze.  There are barely any shorts out there, a long squeeze is far more probable at the moment. I think you are mistaken. Although technically not shorts, many people sold a large portion of their holdings trying to buy back cheaper. When the price escapes from them they'll panic buy. It's one of the first things that happen when a growth spurt is looking to start and is actually the thing that really ignites it  |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 15, 2014, 04:00:19 PM |
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jeezy
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Activity: 1237
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July 15, 2014, 04:11:12 PM |
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I guess a popular quote with 4 words would be in order for this. |
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dreamspark
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July 15, 2014, 04:16:13 PM |
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I guess a popular quote with 4 words would be in order for this. Its okay, you can say it ! If this breaks and is ready then... bullish as fuck. |
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sickpig
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Activity: 1260
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July 15, 2014, 04:16:23 PM |
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The link was posted on bloomberg two weeks ago... |
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Torque
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Activity: 3556
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July 15, 2014, 04:19:46 PM |
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The link was posted on bloomberg two weeks ago... Yes, but Cameron re-tweeted it about an hour ago. I wouldn't think that he would do this if the COIN ETF was still in limbo with low chance of approval. Would make him look stupid. |
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kodtycoon
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July 15, 2014, 04:20:04 PM |
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The link was posted on bloomberg two weeks ago... ya but why is winki only tweeting it now? |
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Richy_T
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Activity: 2436
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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July 15, 2014, 04:23:26 PM |
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Ugh, just remembered there's a tax-free weekend coming up. Take Newegg's discount vs wait and take the tax free. Much as I hate the taxman, a bird in the hand...
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wachtwoord
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Activity: 2324
Merit: 1125
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July 15, 2014, 04:24:32 PM |
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The link was posted on bloomberg two weeks ago... ya but why is winki only tweeting it now? He could have been busy. I hope it's because something actually changed |
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BitChick
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Activity: 1148
Merit: 1001
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July 15, 2014, 04:25:18 PM |
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The link was posted on bloomberg two weeks ago... ya but why is winki only tweeting it now? It is their nice and subtle way of saying, CHOO CHOO!!!! BUY NOW!!!! |
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dropt
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Activity: 1512
Merit: 1000
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July 15, 2014, 04:26:28 PM |
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Tinfoil hat again but judging by the amount that whale on stamp is willing to dump whenever it rises I'm guessing they stand to lose an awful lot if it goes up much. One scenario would be someone lending on bitfinex, selling part of his stash to the borrowers then holding the price down until they have to cut their losses, he gets the interest and buys back his coins at a lower price. All this selling is coming from somewhere and if there's not a foil wrapped answer then it has to be a few million dollars a day in bitcoin commerce. If that's it then there will probably be a period of hysteresis, overshooting up and down until it finds an equilibrium plus it will be very bullish for when the payment processors release figures.
That's an interesting concept: holding the market down for interest collection. I wish I had some time to play with the data to contemplate this theory a little more in depth. |
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Yololintian
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July 15, 2014, 04:37:10 PM |
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Yep. And he also just follows the crowd of other wannabe TA newbs. I can't WAIT for the short squeeze. There are barely any shorts out there, a long squeeze is far more probable at the moment. I think you are mistaken. Although technically not shorts, many people sold a large portion of their holdings trying to buy back cheaper. When the price escapes from them they'll panic buy. It's one of the first things that happen when a growth spurt is looking to start and is actually the thing that really ignites it No, I think you are mistaken. The only people who would sell right now to buy in lower are speculators, and the fact that longs have not dropped at all recently, and in fact continue to rise daily (on bitfinex), indicates that the majority of speculators have not cut back their long positions at all. |
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Richy_T
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Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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July 15, 2014, 04:41:23 PM |
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Ugh, just remembered there's a tax-free weekend coming up. Take Newegg's discount vs wait and take the tax free. Much as I hate the taxman, a bird in the hand...
Grr. No discount or even Bitcoin option for marketplace items. Fail. Their "Contact us" link is broken also so I can't even have a good whinge at them about it. |
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CoinsCoinsEverywhere
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July 15, 2014, 04:42:01 PM |
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I guess it depends on what you mean by just around the corner. From what I've read and watched, there's still a chance it will never happen. And if it does, it might be Q4 of this year. But we can always hope for sooner.  |
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edwardspitz
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July 15, 2014, 04:45:17 PM |
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 I wonder if we are we headed for a retest of the descending wedge? It is going to take a lot more than a 400 BTC dump to get to $605... The breakout we had from the wedge is not exactly looking strong either. I'm thinking we might play the same pattern again and form a new descending wedge. Like this? https://www.tradingview.com/v/vfJQwL48/No, I'm thinking more short term... like a repetition of the pattern that started to form June 30 (see my chart image). I have no idea if DanV is correct about his long term predictions. |
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BitChick
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Activity: 1148
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July 15, 2014, 04:46:17 PM |
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I guess it depends on what you mean by just around the corner. From what I've read and watched, there's still a chance it will never happen. And if it does, it might be Q4 of this year. But we can always hope for sooner. From what I have heard the fact that they have have a "ticker" and are updating their prospectus everything is looking really good for launching: From Bloomberg: "there were several very specific changes added to the risk section of the prospectus. That's worth noting, since plenty of ETFs are filed with the SEC but don't get updated (or reserve tickers)." See for more info: http://www.bloomberg.com/news/2014-07-10/bitcoin-by-bitcoin-the-winklevii-etf-inches-closer-to-reality.html |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 15, 2014, 05:00:17 PM |
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byronbb
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Activity: 1414
Merit: 1000
HODL OR DIE
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July 15, 2014, 05:04:30 PM |
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Tinfoil hat again but judging by the amount that whale on stamp is willing to dump whenever it rises I'm guessing they stand to lose an awful lot if it goes up much. One scenario would be someone lending on bitfinex, selling part of his stash to the borrowers then holding the price down until they have to cut their losses, he gets the interest and buys back his coins at a lower price. All this selling is coming from somewhere and if there's not a foil wrapped answer then it has to be a few million dollars a day in bitcoin commerce. If that's it then there will probably be a period of hysteresis, overshooting up and down until it finds an equilibrium plus it will be very bullish for when the payment processors release figures.
That's an interesting concept: holding the market down for interest collection. I wish I had some time to play with the data to contemplate this theory a little more in depth. Yes I had this very thought. THe leverage longs are simply being milked as the price stagnates. |
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