adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 29, 2014, 05:32:44 PM |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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spooderman
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Activity: 1638
Merit: 1022
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August 29, 2014, 05:52:53 PM |
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What do sloapy walls mean? There's a ton of bids around 501-503ish.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 29, 2014, 05:59:22 PM |
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JorgeStolfi
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August 29, 2014, 06:06:22 PM |
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Meanwhile, OKCoin International has improved their webpage but it does not seem to get off the ground. I have yet to see their volume reach 1 kBTC/day, and it does not seem to be growing. Does anyone know how BitVC (Huobi's international branch) is doing? They show the same volume as Huobi China; do they share the order book? BTC-China's volume seems to be recovering somewhat, finally, after its crash last December; but it still has a long way to go before regaining the throne. |
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fonzie
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August 29, 2014, 06:09:14 PM |
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BitVC is using the Huobi orderbook as far as i know.
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JayJuanGee
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Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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August 29, 2014, 06:12:17 PM |
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What exactly is that whale on bitfinix with the 1300+ wall trying to do, keep prices down?
Probably getting out of his position ? If I would still hold that amount of coins, I would do the same and try to get out asap before Bitcoin goes any lower. So you are already out? Well, I still have a few coins left... let´s call it pocket money compared to what I had half a year ago... If you have been out for the last 3-4 months, then surely you have been waiting quite a bit to get back in and you lack confidence in bitcoin. It seemed for sure like the market trend had changed from bear to bull around May 2014... so if you have NOT gotten back in, then you must have some lack of confidence in bitcoin or maybe you are misinformed? Are you here, just to wish for the downfall of bitcoin, b/c if you are just holding a small fraction of your previous investment (possibly as insurance), then why don't you just walk away from BTC and come back to it in 6 months or a year or so? You have hit the nail on its head. I do like bitcoin, but believe it is still overvalued. I believe this is very subjective, but I cannot get myself to buy any coins at this level. There might be a slight chance to miss the train, but I have made my profit. That's fair. My sense is that you are a rare beast to be thinking that the price is going to go below the $400s and there were several weeks of opportunities to buy in the low and mid-$400s in April. I know a lot of posters in this thread talk the talk about believing that they lack confidence in BTC and that they believe that BTC prices are going down b/c BTC is NOT sufficiently established; however, most people now realize (even if they are NOT saying it) that BTC prices are NOT going to get much lower... and if the prices get lower, that lowering is due to heavy manipulations and even manipulator holders taking short-term losses in order to continue to attempt to manipulate the price down (maybe they will have further success in manipulating the price down, but a large majority of informed BTC investors have doubts about that). What conditions are gonna have to exist before you get back into BTC? If you took a profit already, then you could use some of those profits to get back in? You do NOT have to buy triple digits, but to increase your holdings would seem prudent, especially b/c it seems that this downward price manipulation cannot keep on forever (maybe another month or two???) but seems like the damn is gonna have to break, upwards, sooner or later b/c many of these venture capital investors are going to get anxious and are going to want to extract some profits in the supra $1000 price range - and more likely in the $5 to $10k price range (not in this current $500s price range). |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 29, 2014, 06:39:02 PM
Last edit: August 29, 2014, 06:53:32 PM by adamstgBit |
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the bull market has started again, its rough and tumble at the start because such denial, but that only means a smoother ride up later.
3
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zby
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Activity: 1592
Merit: 1001
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August 29, 2014, 06:44:37 PM |
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It starts to look like a bullish pennant on a daily chart.
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abercrombie
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Activity: 1159
Merit: 1001
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August 29, 2014, 06:49:13 PM |
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the bull market has started again, its rough and tumble at the start because such denial, but that only means a smoother ride up later.
<== points at 520 with a big foam finger. |
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klee
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Activity: 1498
Merit: 1000
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August 29, 2014, 06:50:55 PM |
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See you at $10K/BTC  |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 29, 2014, 06:59:22 PM |
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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August 29, 2014, 07:13:52 PM
Last edit: August 29, 2014, 07:32:33 PM by macsga |
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See you at $10K/BTC Yep. I think that walls were the launching pad's towers that were just melted off the thrust power.  CCMF!!!1CCMF!!!1 |
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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August 29, 2014, 07:40:09 PM |
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Nobody wants to buy the coins of this (one) heavy manipulator, who's manipulating the market with...
...askwalls!
We should regulate bitcoin exchanges to forbid such heavy manipulation with askwalls!
Askwalls! That's too much of manipulation! Why did the government allow this to happen?
Is the SEC going to do something about this??? I hope so! Even our heavyweights venture capitalists, ETFs and Wall Street, all are clueless now and don't know what to do against askwall-manipulation. I agree completely with this idea for the need to create many government regulations to take care of this problem. There should be a rule that once an ask wall is created, then such ask wall has to stay in place for at least 4 hours. People should be able to commit to something for 4 hours, no? |
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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August 29, 2014, 07:42:01 PM |
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Manipulation? It is called trading.
Please stop trolling! There should be a government regulation against trolling. |
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Dump3er
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August 29, 2014, 07:58:00 PM |
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Nobody wants to buy the coins of this (one) heavy manipulator, who's manipulating the market with...
...askwalls!
We should regulate bitcoin exchanges to forbid such heavy manipulation with askwalls!
Askwalls! That's too much of manipulation! Why did the government allow this to happen?
Is the SEC going to do something about this??? I hope so! Even our heavyweights venture capitalists, ETFs and Wall Street, all are clueless now and don't know what to do against askwall-manipulation. I agree completely with this idea for the need to create many government regulations to take care of this problem. There should be a rule that once an ask wall is created, then such ask wall has to stay in place for at least 4 hours. People should be able to commit to something for 4 hours, no? A bull with sense of humor? Speechless. |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 29, 2014, 07:59:22 PM |
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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August 29, 2014, 08:05:25 PM |
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So anyone lately received a fiat withdrawal from Gox ? I've heard they have a long backlog...  |
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Dump3er
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August 29, 2014, 08:08:02 PM |
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So anyone lately received a fiat withdrawal from Gox ? I've heard they have a long backlog... Chuck Norris lately received a fiat withdrawal from Gox. |
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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August 29, 2014, 08:13:14 PM |
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So anyone lately received a fiat withdrawal from Gox ? I've heard they have a long backlog... Chuck Norris lately received a fiat withdrawal from Gox. Chuck Norris STILL trades @ MtGox; and gains more BTCs everytime! |
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