Fatman3001
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Make Bitcoin glow with ENIAC
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April 28, 2015, 04:02:45 PM |
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Volume on BTC-E is nothing like yesterday though
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LFC_Bitcoin
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#1 VIP Crypto Casino
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April 28, 2015, 04:03:38 PM |
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a BTC-e bot is buying 10BTC a minute for an hour.. Some weird shit is happening on this exchange..
Good. Maybe somebody is sick of a year long bear dominated market. Willy's cousin? Willy's cousin Shaft?
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LFC_Bitcoin
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April 28, 2015, 04:04:23 PM |
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Where the hell is Adam in times like this by the way?
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stackoverflow
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April 28, 2015, 04:04:27 PM |
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btc-e went haywire again, don't try to find a logical explanation for this, it weird ... period!
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Norway
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April 28, 2015, 04:06:40 PM |
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a BTC-e bot is buying 10BTC a minute for an hour.. Some weird shit is happening on this exchange..
Good. Maybe somebody is sick of a year long bear dominated market. Willy's cousin? The internet is tired of waiting for its own currency so it has taken over adoption. We may as well sit back and relax. It's actually possible to make an autonomous trading bot (preloaded with some bitcoin) that is so clever, it makes a fortune for itself. Before it takes over the world! Terminator 4, but with money instead of guns, lol
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Fatman3001
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Make Bitcoin glow with ENIAC
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April 28, 2015, 04:07:25 PM |
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It wouldn't doesn't take much to push the rest of the world out of mining if that were, which is the case.
Edited that for you. Thanks. Doing too many things at one time. Welcome. How do you think anyone can compete in long-run mining with a country where electricity is already very cheap and may be obtained even cheaper? (like 2-3-5x or more times cheaper...) If our cost is 220$ (give or take), what would be their cost then? I'd bet mining farms in China grow like mushrooms after a rain. On the other hand, I also suspect that ASIC companies keep the hefty profits under control, mostly for themselves and maybe for a small group of investors. That's why global hash-rate is relatively stable. Last mining note I promise. Right now the S4+ is the latest hardware. Cost is 4.215 BTC . Earnings per day would be .0264077 not including electricity/rent/labor or any difficulty changes. Break even point on hardware alone would be 160 days. Bulk orders of 1500 - 2000 units will probably get you just under 40% off. (if they follow what they have done on previous models) Plug in your own Rent/electricity/labor/racks/wiring/switches/cabling and you will see why I think large farms are not being built out at this price level. It may be the latest HW, but S5 is cheaper and more efficient. Especially if you have power supplies from previous gens. And it can be downclocked to stay relevant when next gen hits the market.
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DieJohnny
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April 28, 2015, 04:09:38 PM |
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You know what I wonder: with all these guys with all this money at stake, you'd think they would pay some anti-NLC types to defend the reputation of their investment. Why aren't there more everything is rainbows trolls?
because narrative must follow the price in order to be credible. it would be stupid to talk about trains and rockets with price in 200 $ range, so now you have guys talking about "increasing buying power", "300 next week", "short squeeze" and shit like that. once this place goes dead silent you will know we hit the bottom. Does anyone have a trend line of posts per day on bitcointalk.org. I think we may be there...
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Ezmoneyezlife
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April 28, 2015, 04:11:33 PM |
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Hey steers, have you gone full leveraged long on that goxtc-e fake russian spike? if not - its about the time, more longs - much easier to rape them on the next dump wave. Btw russian moderator in btc-e chat mentioned yesterday when that madness of ruskies bots stops and he was right => that was nothing but manipulation of goxtc-e's owners getting ready to be next fatties apparently.
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publicjud
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April 28, 2015, 04:14:33 PM |
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Volume on BTC-E is nothing like yesterday though
there is huge volume in the order book though....
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DutchTrades
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April 28, 2015, 04:20:46 PM |
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a BTC-e bot is buying 10BTC a minute for an hour.. Some weird shit is happening on this exchange..
Genuine buyer is Weird these days! Also btc-e removed the 1% fee on deposit, so don't expect discounted price anymore. Thats nice, but it's not a reason to pump all the way up to $270 right?
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inca
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April 28, 2015, 04:21:24 PM |
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What a great setup we have here. Market overwhelmingly bearish with retail shorting bitcoin to all time highs at the end of a bear market. Coin supply dwindling and swap rates rising on finex.
All we need now is a spark start a cascade of short contract capitulation, say, the opening of a wall street etf.
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BlindMayorBitcorn
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April 28, 2015, 04:23:59 PM |
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What a great setup we have here. Market overwhelmingly bearish with retail shorting bitcoin to all time highs at the end of a bear market. Coin supply dwindling and swap rates rising on finex.
All we need now is a spark start a cascade of short contract capitulation, say, the opening of a wall street etf.
With all due respect to the powers that be, I don't think many of us got into Bitcoin giving a shit about Wall Street. I don't see why that should change now.
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macsga
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Strange, yet attractive.
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April 28, 2015, 04:25:39 PM |
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As much I hate to predict such a thing, there's been a constant rise from $224 to $231 (BTCe). If this is not a repetition model (aka: Willy bot, or a close relative) I claim for a (hopefully short) drop... Except there's a significant news event, or something equally significant, if you know what I mean.
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inca
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April 28, 2015, 04:25:56 PM |
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What a great setup we have here. Market overwhelmingly bearish with retail shorting bitcoin to all time highs at the end of a bear market. Coin supply dwindling and swap rates rising on finex.
All we need now is a spark start a cascade of short contract capitulation, say, the opening of a wall street etf.
With all due respect to the powers that be, I don't think many of us got into Bitcoin giving a shit about Wall Street. I don't see why that should change now. True. But for bitcoin to attract new participants it either needs a stable value or not to fuck over everyone who invested previously. A great way for that to happen is for it to function firstly as a store of value (e-gold) and then function as a working currency second.
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publicjud
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April 28, 2015, 04:27:12 PM |
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What a great setup we have here. Market overwhelmingly bearish with retail shorting bitcoin to all time highs at the end of a bear market. Coin supply dwindling and swap rates rising on finex.
All we need now is a spark start a cascade of short contract capitulation, say, the opening of a wall street etf.
With all due respect to the powers that be, I don't think many of us got into Bitcoin giving a shit about Wall Street. I don't see why that should change now. Whether you give a shit or not, several billion dollars of potential investment will have it's way with you.
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LFC_Bitcoin
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April 28, 2015, 04:27:57 PM |
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What a great setup we have here. Market overwhelmingly bearish with retail shorting bitcoin to all time highs at the end of a bear market. Coin supply dwindling and swap rates rising on finex.
All we need now is a spark start a cascade of short contract capitulation, say, the opening of a wall street etf.
With all due respect to the powers that be, I don't think many of us got into Bitcoin giving a shit about Wall Street. I don't see why that should change now. It'll get dumb, technology retarded investors in. It's what we need, adoption by average joe. I say let's make bitcoin available to every moron . All we need is a few regulatory bodies to hurry the fuck up & it's moon time.
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BlindMayorBitcorn
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April 28, 2015, 04:30:53 PM |
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What a great setup we have here. Market overwhelmingly bearish with retail shorting bitcoin to all time highs at the end of a bear market. Coin supply dwindling and swap rates rising on finex.
All we need now is a spark start a cascade of short contract capitulation, say, the opening of a wall street etf.
With all due respect to the powers that be, I don't think many of us got into Bitcoin giving a shit about Wall Street. I don't see why that should change now. True. But for bitcoin to attract new participants it either needs a stable value or not to fuck over everyone who invested previously. A great way for that to happen is for it to function firstly as a store of value (e-gold) and then function as a working currency second. Gold and silver have destroyed as many fortunes as they've made. I don't expect Bitcoin to behave any differently and don't see why it would.
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tarmi
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April 28, 2015, 04:36:08 PM |
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I am a little tired and unimpressed with all those fake massive bid walls going around in circles.
We had 5 k wall on coinbase, free willy bot on btc-e, 5 k wall at bit penny stock fund (the most hilarious one, because there is 0 % risk that it will be filled)...and mickey mouse chian exchanges doing their magic as usual...
...and yet a 5 k dump on stamp would instantly bring us to 180. not to mention 26 mils of longs sitting on bitfinex since god knows when.
price barely moving for days, idiots talking about a secret rocket building in the middle of a whale conference (haha!)...
how about no?
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publicjud
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twet.ch/inv/62d7ae96
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April 28, 2015, 04:36:25 PM |
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What a great setup we have here. Market overwhelmingly bearish with retail shorting bitcoin to all time highs at the end of a bear market. Coin supply dwindling and swap rates rising on finex.
All we need now is a spark start a cascade of short contract capitulation, say, the opening of a wall street etf.
With all due respect to the powers that be, I don't think many of us got into Bitcoin giving a shit about Wall Street. I don't see why that should change now. True. But for bitcoin to attract new participants it either needs a stable value or not to fuck over everyone who invested previously. A great way for that to happen is for it to function firstly as a store of value (e-gold) and then function as a working currency second. Gold and silver have destroyed as many fortunes as they've made. I don't expect Bitcoin to behave any differently and don't see why it would. Only if you day traded with borrowed money.
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