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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370433 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Adrian-x
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June 28, 2013, 04:07:22 AM
 #19181

^ Gox just put a full page ad in the g8 summit.

If they were "fucked" I doubt they'd spend the cash to do that. Unless you think something very significant changed in the past week.
I think it may have been a little to bold of a move.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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solex
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100 satoshis -> ISO code


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June 28, 2013, 04:12:33 AM
 #19182

^ Gox just put a full page ad in the g8 summit.

If they were "fucked" I doubt they'd spend the cash to do that. Unless you think something very significant changed in the past week.
I think it may have been a little to bold of a move.

Yes. They painted a target for the bankster-complex to aim at, not only on their backs, but on their faces too.
vokain
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June 28, 2013, 04:13:32 AM
 #19183

^ Gox just put a full page ad in the g8 summit.

If they were "fucked" I doubt they'd spend the cash to do that. Unless you think something very significant changed in the past week.
I think it may have been a little to bold of a move.

Yes. They painted a target for the bankster-complex to aim at, not only on their backs, but on their faces too.

I absolutely abhor MtGox right now
QuestionAuthority
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June 28, 2013, 04:15:25 AM
Last edit: June 28, 2013, 04:42:23 AM by QuestionAuthority
 #19184

^ Gox just put a full page ad in the g8 summit.

If they were "fucked" I doubt they'd spend the cash to do that. Unless you think something very significant changed in the past week.
I think it may have been a little to bold of a move.

That's right! Remember the Foundation decided to buy a bunch of advertising for Bitcoin in California and a week later they get a cease and desist letter. Prominent advertising is not necessarily the best move for someone with a freshly closed Citibank account. But then again isn't Mark Karpeles a key member of the Foundation? Maybe cease and desist letters through advertising and lost bank accounts are part of the grand master plan. lol

Can anyone tell me why there is such disparity between Gox and the other exchanges?
Nightowlace
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June 28, 2013, 05:09:00 AM
 #19185

24 Hour bottom, any guesses?

Me-$89
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June 28, 2013, 05:11:06 AM
 #19186

24 Hour bottom, any guesses?

Me-$89

$95
molecular
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June 28, 2013, 05:20:13 AM
 #19187

This market feels like a coiling spring.

The coiling is slow...the release will be epic. Yes we could go more down...but fundamentals say we are going higher in the big picture.

Key word being "feels". I am really curious which TA you are using. I have followed a few pretty good TA guys and I have yet to see anyone, NOT ONE, bullish in the current state.

That's bullish in itself.
derpinheimer
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June 28, 2013, 05:30:55 AM
Last edit: June 28, 2013, 05:50:32 AM by derpinheimer
 #19188

WB 98 97 96.

Currently 1k of asks to get above 100..

Interesting.. for the sell that brought us from 98 to 96.2, it would take just as many coins sold now to bring us back there [~1.5k]

Bids filled in quick.
N12
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June 28, 2013, 06:05:28 AM
 #19189

Bitcoin really is gold 2.0  Cheesy
Cheesy Cheesy Cheesy
Voodah
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June 28, 2013, 06:11:46 AM
 #19190

I really thought 100 was gonna hold till we received final news for the Gox issue, either way it would go.

I guess things are really really bearish atm.

80 will surely hold...right? right??
derpinheimer
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June 28, 2013, 06:13:17 AM
 #19191

I really thought 100 was gonna hold till we received final news for the Gox issue, either it would go.

I guess things are really really bearish atm.

80 will surely hold...right? right??

What final news?

Also, 3k sell down to 95.73

Sorry dumbulls who replenished the bids for this guy.
N12
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June 28, 2013, 06:13:28 AM
 #19192

Time to decimate the USD from the order book, the best asset out there. The Great Dollar Extraction.
byronbb
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HODL OR DIE


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June 28, 2013, 06:21:14 AM
 #19193

Sort of like anticipating the 1st big drop when on a roller coaster; that slow creep towards the inevitable PLUNGE....
Voodah
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June 28, 2013, 06:21:45 AM
 #19194

What final news?

About what happens after these two weeks. Will everything go back to normal for them or are they getting f*cked by the banks, and the usd locked in some more time ?

derpinheimer
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June 28, 2013, 06:24:46 AM
 #19195

What final news?

About what happens after these two weeks. Will everything go back to normal for them or are they getting f*cked by the banks, and the usd locked in some more time ?



Oh, I see, but why would people just start panicking about that now? Is this like litecoin rallying every time mtgox mentions it? ]


Also, how oversold are we right now?
seldon
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June 28, 2013, 06:48:23 AM
 #19196

24 Hour bottom, any guesses?

Me-$89

91$ - still think this one won't be lower then the last one, could be wrong though Smiley
CurbsideProphet
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June 28, 2013, 06:58:18 AM
 #19197

Can anyone tell me why there is such disparity between Gox and the other exchanges?

They've taken away the mechanisms for many people to cash out.
gizmoh
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June 28, 2013, 06:59:08 AM
 #19198

What is more worrying , is the steady decline in prices over days and not massive/panic sell-off, which confirms a bear trend.
tpantlik
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June 28, 2013, 06:59:55 AM
 #19199

Gox going down?



well_that_escalated_quickly.png
N12
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June 28, 2013, 07:01:39 AM
 #19200

Everyone wants the dirty fiat money.
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