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JorgeStolfi
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May 19, 2015, 09:44:14 PM |
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On the new NYSE Bitcoin Price index: https://www.nyse.com/publicdocs/nyse/indices/NYSE_Bitcoin_Index_Methodology.pdfThere is currently (1) Exchange/Venue whose bitcoin transaction data is included in the calculation of the Index: * Coinbase Exchange https://exchange.coinbase.com/[ ... ] The NYSE Bitcoin Index will be calculated utilizing a proprietary, rules-based formula that is maintained and overseen internally by the NYSE Index Committee [ and reviewed and updated quarterly ]. The logic utilized for the derivation of the daily index level is intended to analyze a large amount of actual Bitcoin transactional data, verify and refine the data set, and yield an objective, fair-market value of (1) bitcoin as of 4 PM U.K. time each weekday, priced in U.S. Dollars (USD) Well, this will surely stabilize the bitcoin price. No more wild swings of 50 or 100 dollars within a day, or the traditional weekend dumps and rallies. I suppose that all of you will henceforth use this price index to guide your trading, instead of those silly real-time charts.    |
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ghandi
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May 19, 2015, 09:44:23 PM |
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Hovering candle in the 1m chart @ bitfinex (21:40UTC) |
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derpinheimer
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Activity: 896
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May 19, 2015, 09:48:04 PM |
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Hovering candle in the 1m chart @ bitfinex (21:40UTC) Appears to be a glitch, no coins were traded above 233. |
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ghandi
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May 19, 2015, 09:51:57 PM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 19, 2015, 09:57:42 PM |
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Fatman3001
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Make Bitcoin glow with ENIAC
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May 19, 2015, 09:57:58 PM |
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Dump on stamp?
Looks more like a wet fart, but I guess we'll have to make do. Doo-doo.
Edit: Now there's spotty underpants at finex as well
If you want wet farts then this post by afbitcoins contains a link to *The Greatest Fart he ever did*. It's bound to be more interesting than the recent price action. Wildly out of tune. Someone should stick a fork up his instrument. A tune fork, that is.  |
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derpinheimer
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May 19, 2015, 10:03:57 PM |
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Hmm, interesting. Supposedly there are > 2,600 coins before passing $236 and about half of that for > $234...  |
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Mrpumperitis
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May 19, 2015, 10:06:34 PM |
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Gonna be some big swings...Rollercoaster time! Someone needs 2 fat finger this thing and get the party started! its just started...just not many people know about it and think its still like the old days p&d...btc is moving into a new phase thats never been seen before  could be a good time to buy some anon-cryptocoins,  |
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Fatman3001
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Make Bitcoin glow with ENIAC
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May 19, 2015, 10:10:13 PM |
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Hmm, interesting. Supposedly there are > 2,600 coins before passing $236 and about half of that for > $234... Bitfinex has been updating their trading engine lately. Looks like another bug. Someone got a rotten deal on those coins. |
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esse83
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May 19, 2015, 10:34:16 PM |
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On the 4H chart it looks like BTC is ready to drop off a cliff.
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BrewCrewFan
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May 19, 2015, 10:38:10 PM |
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You know what is funny guys... you know how I said on the 430pm chart time by me, there was a dump usually daily in recent times, well, did not happen BUT, that is when the "glitch" happened on the chart... too funny right?
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Hyperjacked
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It's all mathematics...!
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May 19, 2015, 10:39:56 PM |
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Gonna be some big swings...Rollercoaster time! Someone needs 2 fat finger this thing and get the party started! its just started...just not many people know about it and think its still like the old days p&d...btc is moving into a new phase thats never been seen before could be a good time to buy some anon-cryptocoins, Yo Yo Playa! let's face it...the dental floss twins got this right! Trillion dollar BTC market cap... Yes it is a good time for Btc and Anon coins with good honest Developers... |
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ChartBuddy
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May 19, 2015, 10:57:42 PM |
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Morecoin Freeman
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May 19, 2015, 11:02:42 PM |
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On the 4H chart it looks like BTC is ready to drop off a cliff.
It does on many time frames. |
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Hyperjacked
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It's all mathematics...!
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May 19, 2015, 11:24:33 PM |
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On the 4H chart it looks like BTC is ready to drop off a cliff.
It does on many time frames. Really?On 4/16 I was calling for a Vwap zeroblock reversal...looks like we have had higher highs and higher lows since! now we have had over 10 days of downward pressure and that's about to change IMHO! just a temp crossover on the vwap and onwards and upwards $$$  |
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Morecoin Freeman
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May 19, 2015, 11:54:30 PM |
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Yea I think 230's will not survive, possibly by tomorrow.
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Hyperjacked
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It's all mathematics...!
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May 19, 2015, 11:56:30 PM |
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Yea I think 230's will not survive, possibly by tomorrow.
could go a little lower but trend is up IMHO... |
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ChartBuddy
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May 19, 2015, 11:58:11 PM |
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bassclef
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May 20, 2015, 12:42:35 AM |
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Yea I think 230's will not survive, possibly by tomorrow.
Might get another test of $230 but sellers are not making much of an impact. Volume is surprisingly low, which means we may be entering the Wyckoff accumulation trading range stage C, where the stock goes through testing by the composite operator. Volume trails off as most floating supply is now in strong hands, and there are a series of tests to see how low of a price in which the CO can accumulate any remaining scraps. This ends with either rising bottoms, or a washout to the floor of the range which will immediately reverse into a strong rally if volume is not high. Obviously you don't want to be caught on the wrong side of this so best to wait it out and don't panic if it happens. There is a saying... "if you can't shake them out, tire them out." This is the stage we are in. Hold tight, because stage D and E are the markup phases if there's no new supply and everyone refrains from panicking into the CO's open bags. Next few weeks/months should be interesting. |
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Hyperjacked
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It's all mathematics...!
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May 20, 2015, 12:42:46 AM |
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Just tweeted! rally imminent$$$ everyone must be sleeping...gonna move one way or the other but we think up!
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