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billington.mark
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July 25, 2013, 11:11:02 AM |
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a wild buy wall appears
did you mean to make that sound like Morgan Freeman or was that just me imagining it that way! haha... |
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Tzupy
Legendary
 Offline
Activity: 2128
Merit: 1074
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July 25, 2013, 11:13:13 AM |
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The buying whale again, as expected, I managed to buy 95% of my target before he placed his order.
But he's not willing to pay more than 97, at least for now.
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01BTC10
VIP
Hero Member
Offline
Activity: 756
Merit: 503
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July 25, 2013, 11:14:58 AM |
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What's your job?
'Slowly pumping Bitcoin price for a living'
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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July 25, 2013, 11:19:34 AM |
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lol mt gox is nuts. I did a market buy for 14btc and it executed 7 times ?!? i guess that's one way to get the price moving, make people spend 7x more than they wanted to.
how often did you click the "buy" button? |
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gandhibt
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July 25, 2013, 11:19:58 AM |
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That goxxing is a bit annoying, those fucks just keeps price artificially up, because they don't let people to get their money... And of course no proper announcement about the issue, they keep us in the dark. I have fiat on gox, but i'm not buying. Hope gox doesn't do the final goxxing.
gox is at 97
bitstamp is at 90
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Ivanhoe
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July 25, 2013, 11:48:07 AM |
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a wild buy wall appears
Aaaaand it's gone. |
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barbs
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July 25, 2013, 11:48:12 AM |
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Well that 97 wall got obliterated?? what was the motive behind that one??
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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July 25, 2013, 11:51:36 AM |
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Some people believed that 97 was a good price to sell at. Maybe they were right, but if the current trend continues, we might see 100 in 3 days.
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barbs
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July 25, 2013, 11:54:05 AM |
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Some people believed that 97 was a good price to sell at. Maybe they were right, but if the current trend continues, we might see 100 in 3 days.
I wasn't asking about why did people sell, I'm asking why would someone throw a 3k bid wall at 97, have it get eaten, then we see an ask wall of 1000 at 97 come up just after Bizarre unless i'm missing something, and it's as simple as someone really wants bitcoins at 97 |
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ardana123
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July 25, 2013, 11:54:32 AM |
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Some people believed that 97 was a good price to sell at. Maybe they were right, but if the current trend continues, we might see 100 in 3 days.
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DaSheep
Member
Offline
Activity: 112
Merit: 10
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July 25, 2013, 12:10:00 PM |
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Some people believed that 97 was a good price to sell at. Maybe they were right, but if the current trend continues, we might see 100 in 3 days.
I wasn't asking about why did people sell, I'm asking why would someone throw a 3k bid wall at 97, have it get eaten, then we see an ask wall of 1000 at 97 come up just after Bizarre unless i'm missing something, and it's as simple as someone really wants bitcoins at 97 Whale A saw the recent upward pressure and decided to buy back in, so he placed a 3k bid wall @ 97, Fishes think they are smart and the wall is fake, so they start selling into it. Whale B watches how the wall gets eaten by the fishes and thinks "Phew, there's some serious downward pressure, gonna take my profits" and puts a 1k sell wall @ 97. Whale A thinks "dafuq?" |
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Pompobit
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July 25, 2013, 12:26:08 PM |
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I'm the only one who keeps get disconnected from mtgox?
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el_rlee
Legendary
Offline
Activity: 1600
Merit: 1014
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July 25, 2013, 12:45:43 PM |
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I'm the only one who keeps get disconnected from mtgox?
I also don't connect to mtgox any longer... |
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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July 25, 2013, 01:06:35 PM |
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I'm the only one who keeps get disconnected from mtgox?
No you are not the only one, this is annoying, 15 extra seconds for password and Yubikey could make me lose an opportunity. |
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Coinseeker
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July 25, 2013, 01:36:06 PM |
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It is closed-source, centralized, has a currency called XRP that is 100% premined and in the hands of the creators, and the whole thing is owned by a for-profit company.
Is this not a problem for you Coinseeker? If not then wtf are you doing on bitcointalk? This is the most important thing about bitcoin, besides it can't be printed from ass, and you think it's just irrelevant?
1. OpenCoin has stated repeatedly they will open source upon coming out of Beta. 2. There is no "pre-mined" because there is no mining mechanism. Either case, Ripple is not a currency anyway, so who cares? It's a payment network. Like Paypal for crypto and fiat but pretty much free. Learn the difference. 3. Since when did being a for profit company become a negative? Free markets are only good, sometimes? So to answer your question, yes, this is all irrelevant to me. If you have anymore questions, PM me so we don't distract from all the "wall" talk going on.  |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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July 25, 2013, 01:40:34 PM |
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It is closed-source, centralized, has a currency called XRP that is 100% premined and in the hands of the creators, and the whole thing is owned by a for-profit company.
Is this not a problem for you Coinseeker? If not then wtf are you doing on bitcointalk? This is the most important thing about bitcoin, besides it can't be printed from ass, and you think it's just irrelevant?
1. OpenCoin has stated repeatedly they will open source upon coming out of Beta. 2. There is no "pre-mined" because there is no mining mechanism. Either case, Ripple is not a currency anyway, so who cares? It's a payment network. Like Paypal for crypto and fiat but pretty much free. Learn the difference. 3. Since when did being a for profit company become a negative? Free markets are only good, sometimes? So to answer your question, yes, this is all irrelevant to me. If you have anymore questions, PM me. about 2: XRP might not be mined, but it's issued by them and they control it. roughly 13,000 XRP are worth 1 BTC currently. They say it's just for spam prevention... but why is the value so high? |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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July 25, 2013, 01:42:02 PM |
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It is closed-source, centralized, has a currency called XRP that is 100% premined and in the hands of the creators, and the whole thing is owned by a for-profit company.
Is this not a problem for you Coinseeker? If not then wtf are you doing on bitcointalk? This is the most important thing about bitcoin, besides it can't be printed from ass, and you think it's just irrelevant?
1. OpenCoin has stated repeatedly they will open source upon coming out of Beta. 2. There is no "pre-mined" because there is no mining mechanism. Either case, Ripple is not a currency anyway, so who cares? It's a payment network. Like Paypal for crypto and fiat but pretty much free. Learn the difference. 3. Since when did being a for profit company become a negative? Free markets are only good, sometimes? So to answer your question, yes, this is all irrelevant to me. If you have anymore questions, PM me so we don't distract from all the "wall" talk going on. XRP is a currency. That's the reason the Ripple system has lost all value to me. Is was/is such a promising idea  |
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Coinseeker
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July 25, 2013, 01:43:25 PM |
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It is closed-source, centralized, has a currency called XRP that is 100% premined and in the hands of the creators, and the whole thing is owned by a for-profit company.
Is this not a problem for you Coinseeker? If not then wtf are you doing on bitcointalk? This is the most important thing about bitcoin, besides it can't be printed from ass, and you think it's just irrelevant?
1. OpenCoin has stated repeatedly they will open source upon coming out of Beta. 2. There is no "pre-mined" because there is no mining mechanism. Either case, Ripple is not a currency anyway, so who cares? It's a payment network. Like Paypal for crypto and fiat but pretty much free. Learn the difference. 3. Since when did being a for profit company become a negative? Free markets are only good, sometimes? So to answer your question, yes, this is all irrelevant to me. If you have anymore questions, PM me. about 2: XRP might not be mined, but it's issued by them and they control it. roughly 13,000 XRP are worth 1 BTC currently. They say it's just for spam prevention... but why is the value so high? Speculators, same as Bitcoin. You can't stop people from putting a value on something, even if it's in their own mind. Everyone is looking to "get rich quick" so they drive the value up. Either case, this has nothing to do with the Ripple payment network. It dosent matter what the value of XRP is, the network functions the same whether they are worth $1 or $1 million. |
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Jozzaboy
Member
Offline
Activity: 98
Merit: 10
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July 25, 2013, 01:56:19 PM |
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No issues on my end. I've been logged in for the last 6 hours without a disconnect, happily trading away. Just curious where we will move next. My gut says up, thanks to gold and silver. TA says down.
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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July 25, 2013, 02:49:00 PM |
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No issues on my end. I've been logged in for the last 6 hours without a disconnect, happily trading away. Just curious where we will move next. My gut says up, thanks to gold and silver. TA says down.
Why does TA say down? I'm not back in due to the resistance we are at as well as 100 and 105. So, I'm watching the battle from the hills (but I got my gun with me ;-) The gold silver thing is interesting. I am pretty sure we are going to see an unraveling of the gold shorts at some point. This is going to expose the dollar. Once the price of gold decouples from a few currencies that are a bit too inflated (not really the dollar yet) we will see BTC pop. Though, BTC may pop first. (I mean up). Even though the USD isn't too inflated yet (that 85 Billion a month they print is not seeing many peoples hands, mostly it's asset investments) the gold supply is starting to dwindle. Watching Max Keissers 2nd to last video was really interesting, strongly recommended: http://rt.com/shows/keiser-report/episode-474-max-keiser-421/ |
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