Chef Ramsay
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Activity: 1568
Merit: 1001
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April 22, 2015, 11:09:33 PM |
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That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards. |
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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April 22, 2015, 11:29:59 PM |
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That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards. heh, so true, i was thinking exactly the same thing, it is replay of 2013 ... albeit at bigger scale Greece >> Cyprus and $230 >> $30 so mini-wave up to $2-3k area when greece goes this spring and then big wave up to $10-12k for christmas? |
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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April 22, 2015, 11:47:49 PM |
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That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards. heh, so true, i was thinking exactly the same thing, it is replay of 2013 ... albeit at bigger scale Greece >> Cyprus and $230 >> $30 so mini-wave up to $2-3k area when greece goes this spring and then big wave up to $10-12k for christmas? There was a price spike that happened around the same time as Cyprus, but it wasn't because Cypriots were buying Bitcoin; at least I've never seen any actual evidence of it. IMO there was no Cyprus Effect. it was about 5 months after the first halving, but the Cyprus effect was real, at least that's what the perception was at the time and as you well know, with the Griffin good money, it is all about the price perception and price feedback loop. Maybe not many Cypriots actually bought bitcoin but the fact they had ALL their bank accounts frozen overnight by the ECB sent a strong message to bitcoin-curious all across the world and in particular Europe, that yup, bitcoin is better than that ... perception is everything |
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BayAreaCoins
Legendary
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Activity: 3920
Merit: 1242
Owner at AltQuick.com & FreeBitcoins.com
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April 22, 2015, 11:54:01 PM |
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That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards. heh, so true, i was thinking exactly the same thing, it is replay of 2013 ... albeit at bigger scale Greece >> Cyprus and $230 >> $30 so mini-wave up to $2-3k area when greece goes this spring and then big wave up to $10-12k for christmas? There was a price spike that happened around the same time as Cyprus, but it wasn't because Cypriots were buying Bitcoin; at least I've never seen any actual evidence of it. IMO there was no Cyprus Effect. it was about 5 months after the first halving, but the Cyprus effect was real, at least that's what the perception was at the time and as you well know, with the Griffin good money, it is all about the price perception and price feedback loop. Maybe not many Cypriots actually bought bitcoin but the fact they had ALL their bank accounts frozen overnight by the ECB sent a strong message to bitcoin-curious all across the world and in particular Europe, that yup, bitcoin is better than that ... perception is everything Cyprus was the thing that got me thinking "Holy fuck that shit happens." I remember reading a Bitcointalk post of some dude with screen shots of his balance.  |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 22, 2015, 11:58:17 PM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 12:58:20 AM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 01:58:18 AM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 02:58:15 AM |
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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April 23, 2015, 03:48:00 AM |
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4h rsi Okcoin severely high
The sound of a desperate man nah i'm in the green shorted a new load at 238 i like it when you claim that you shorted at higher price...  the price at 234 btw, its likely to shoot up again when bitlicence finalized. |
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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April 23, 2015, 03:54:50 AM |
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Still a ton of short interest. That's a contrarian indicator like the huge interest of longs that we're building up in the 260's.
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 03:58:15 AM |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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April 23, 2015, 03:59:02 AM |
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4h rsi Okcoin severely high
The sound of a desperate man nah i'm in the green shorted a new load at 238 i like it when you claim that you shorted at higher price... the price at 234 btw, its likely to shoot up again when bitlicence finalized. I'm counting on it. Question is can you guys sustain it? Like 300? Nope! |
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Dilla
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April 23, 2015, 04:18:25 AM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 04:58:17 AM |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 05:58:18 AM |
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itod
Legendary
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Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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April 23, 2015, 06:51:12 AM |
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I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released. |
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macsga
Legendary
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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April 23, 2015, 06:58:09 AM |
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I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released. There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption. |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 23, 2015, 06:58:17 AM |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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April 23, 2015, 07:00:27 AM |
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I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released. There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption. you NEED to go to bed. Also, drop the mass adpotion crap trap.  |
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macsga
Legendary
Offline
Activity: 1484
Merit: 1002
Strange, yet attractive.
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April 23, 2015, 07:04:47 AM |
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I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released. There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption. you NEED to go to bed. Also, drop the mass adpotion crap. It's morning here buddy. It's 10:00am and I'm up since 05:50... and WTF is ad-potion?  |
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