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akujin
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November 13, 2014, 07:14:13 PM |
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lol huobi  |
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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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Moria843
Sr. Member
 Offline
Activity: 442
Merit: 250
Found Lost beach - quiet now
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November 13, 2014, 07:14:32 PM |
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Battle brewing at 400!
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ShroomsKit
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November 13, 2014, 07:14:40 PM |
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Another quick shakeout. Healthy in the long run.
It doesn't work that way. |
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shanecoins
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November 13, 2014, 07:14:46 PM |
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Anyone else kind of happy that the price drop, just to buy some more coins to hold?
How much longer do you want this to happen? Another 6 years? yes |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 13, 2014, 07:15:11 PM |
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"INVESTOPEDIA EXPLAINS 'SPECULATOR' Speculators are typically sophisticated, risk-taking investors..." Safe investments in Bitcoinland? You might as well ask which Three Card Monte or shell games to "invest" in  True! One could as well invest in stupidity. If I did, you'd be among my prime assets... |
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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November 13, 2014, 07:15:46 PM |
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I guess it would've been cooler had I posted this a few hours ago, but: Look at the mini-trend from about nov 9th to nov 12th, and extrapolate where that kind of slope would have had us at, had the price not spiked even more steeply on the 12th. About 380 on stamp...
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Raystonn
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November 13, 2014, 07:16:01 PM |
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Reproduce. Stay plump and delicious. Leave the thinking to us.
I'm not sure your role as foil is actually productive. This thread really doesn't tend to move the market anymore. Bitcoin has grown beyond that. Besides, you preach to the choir. Most have already bought in. Your reverse-psychological prodding may not be worth the effort. |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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November 13, 2014, 07:17:04 PM |
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Yesterday was one hell of a day, today was one hell of a day
What does tomorrow bring?
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bitebits
Legendary
Offline
Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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November 13, 2014, 07:17:30 PM |
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This is soo much better than watching a movie, never thought I could stare at a bunch of candles for hours!
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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November 13, 2014, 07:17:34 PM |
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Reproduce. Stay plump and delicious. Leave the thinking to us.
I'm not sure your role as foil is actually productive. This thread really doesn't tend to move the market anymore. Bitcoin has grown beyond that. Besides, you preach the the choir. Most have already bought in. Your reverse-psychological prodding may not be worth the effort. I will just leave this here... (AGAIN!)   |
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EFS
Staff
Legendary
 Online
Activity: 3724
Merit: 2078
Crypto Swap Exchange
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November 13, 2014, 07:18:01 PM |
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Alright, now is this gentleman?
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 13, 2014, 07:18:17 PM |
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"INVESTOPEDIA EXPLAINS 'SPECULATOR'
Speculators are typically sophisticated, risk-taking investors..."
If that definition makes you feel better then the best of luck to you... |
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JorgeStolfi
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November 13, 2014, 07:19:44 PM |
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Didn't watch the price the last 3days. What's going on?  My guess: many traders heard "three billion hedge fund will be trading on OKkoins platform" and understood that it would be trading bitcoin. So they bought like crazy, expecting the price to go to the moon when the fund would start buying. But the rumor was not confirmed, and people are now doubting it So the traders are all selling like crazy, to cut their losses while they can. But perhaps there will be another good rumor tomorrow, who knows. |
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Psnatch
Newbie
Offline
Activity: 1
Merit: 0
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November 13, 2014, 07:19:57 PM |
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What a ride, its about time I stop reading all this input without adding xD
Hope everyone made out on top from this last jump ;P
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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November 13, 2014, 07:20:47 PM |
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Ahh...the sky is falling!!! Sell your yachts and limousines!!
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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November 13, 2014, 07:22:11 PM |
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Alright, now is this gentleman?
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bitebits
Legendary
Offline
Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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November 13, 2014, 07:22:53 PM |
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Jorge, don't forget to keep conceiling your trolling when you are exited.. You are now even reposting, that is not where you get paid for!
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rebuilder
Legendary
Offline
Activity: 1615
Merit: 1000
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November 13, 2014, 07:24:22 PM |
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My guess: many traders heard "three billion hedge fund will be trading on OKkoins platform" and understood that it would be trading bitcoin. So they bought like crazy, expecting the price to go to the moon when the fund would start buying. But the rumor was not confirmed, and people are now doubting it So the traders are all selling like crazy, to cut their losses while they can.
But perhaps there will be another good rumor tomorrow, who knows.
What leads you to this conclusion? |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 13, 2014, 07:27:23 PM |
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Didn't watch the price the last 3days. What's going on? My guess: many traders heard "three billion hedge fund will be trading on OKkoins platform" and understood that it would be trading bitcoin. So they bought like crazy, expecting the price to go to the moon when the fund would start buying. But the rumor was not confirmed, and people are now doubting it So the traders are all selling like crazy, to cut their losses while they can. But perhaps there will be another good rumor tomorrow, who knows. funny i heard a rumor as well but a totally different one about another type of fund lots of rumors these days |
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JorgeStolfi
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November 13, 2014, 07:32:30 PM |
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My guess: many traders heard "three billion hedge fund will be trading on OKkoins platform" and understood that it would be trading bitcoin. So they bought like crazy, expecting the price to go to the moon when the fund would start buying. But the rumor was not confirmed, and people are now doubting it So the traders are all selling like crazy, to cut their losses while they can.
What leads you to this conclusion? It is not a "conclusion", only the best explanation I can think of at the moment. Clues: * The timing of the rally is consistent with traders gradually becoming aware of the "hedge fund" rumor. * Comments here and elsewhere show that many traders thought that the fund would push price to the moon. * OKcoin led the rally, at one time 100 CNY above Huobi, with the West behind both. * There was obvious feedback: traders buying simply because the price was going up, "this is the next bubble!". * The rumor was not confirmed, and recent comments on reddit show skepticism. |
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