el_rlee
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Activity: 1600
Merit: 1014
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May 01, 2013, 09:06:54 AM |
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It's astonishing what a little DDOS and an even smaller dump can do
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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May 01, 2013, 09:20:44 AM |
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It's astonishing what a little DDOS and an even smaller dump can do
... these are not the only market forces coordinating this sell-off ... this forum consistently underestimates the complexity of the price function, generally speaking. too many n00bs methinks. stop thinking you know how shit works already and deign to try to figure some of it out, why dontchya? DDoS and manipulator are both tinfoil hat responses -- they were involved but not solely responsible.
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AmazonStuff
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May 01, 2013, 09:23:48 AM |
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Next 12h are very important...
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ronaldlee0917
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May 01, 2013, 09:26:01 AM |
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Is there really a ddos? I can rather trade smoothly, just picked up a few cheap bitcoins
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wonkytonky
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May 01, 2013, 09:27:05 AM |
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It's astonishing what a little DDOS and an even smaller dump can do
ddos wasnt a ddos.. it was just gox lag.. also.. it's the bigger guys.. just playing with us.. if people would put up more interesting ask offers after a dump.. we would recover much faster.. .. but there's always a lack of interesting asks.. after a dump.. which induces even more selling.. guess who's gonne put ask offers at higher prices when they just bought at lower price? right.. them big dudes.. this cycle seems to be looping over and over again.. until the resistence seems to stop it. and now .. we the idiots are going to buy them same coins back at higher price .. and make rich dudes even richer..
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AmazonStuff
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May 01, 2013, 09:28:35 AM |
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Next 12h are very important...
why? may day and all that? Indicators are screaming
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Jaroslaw
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Activity: 84
Merit: 10
supernode
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May 01, 2013, 09:33:20 AM |
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testing 120$ wall soon i think its fake wall and will vanish
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Jaroslaw
Member
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Activity: 84
Merit: 10
supernode
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May 01, 2013, 09:37:11 AM |
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Next 12h are very important...
why? may day and all that? Indicators are screaming what are they screaming? sell sell sell
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Rampion
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May 01, 2013, 09:37:55 AM |
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Arepo is stating facts. Don't really know why some of you are so shure on the sort term bull, when everything logically leads to the opposite.
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ManBearPig
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May 01, 2013, 09:40:03 AM |
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It's astonishing what a little DDOS and an even smaller dump can do
Erm no, there has been no DDoS on Mt Gox for days now. What you saw was Gox not being able to handle more than a few dozen simultaneous trades along with some selling off.
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Jaroslaw
Member
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Activity: 84
Merit: 10
supernode
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May 01, 2013, 09:40:26 AM |
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Arepo is stating facts. Don't really know why some of you are so shure on the sort term bull, when everything logically leads to the opposite.
because they buy bitcoins at 150-160$ and loosking money... haha
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cedivad
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Activity: 1176
Merit: 1001
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May 01, 2013, 09:40:45 AM |
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Arepo is stating facts. Don't really know why some of you are so shure on the sort term bull, when everything logically leads to the opposite.
+1 On the other side it looks like that rpietila can only profit when the market goes up; if so, he should take a one month long holiday.
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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May 01, 2013, 09:41:54 AM |
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It's astonishing what a little DDOS and an even smaller dump can do
Erm no, there has been no DDoS on Mt Gox for days now. there was a DDoS performed by what seemed like a bot for about 15 min that brought gox lag up to approx. 10 min. this occurred a few hours ago.
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AmazonStuff
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May 01, 2013, 09:42:23 AM |
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Next 12h are very important...
why? may day and all that? Indicators are screaming what are they screaming? IMHO $125 is VERY important, I will say just that, of course I'm not analyst and don't listen to me.
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arepo
Sr. Member
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Activity: 448
Merit: 250
this statement is false
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May 01, 2013, 09:43:33 AM |
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IMHO $125 is VERY important, I will say just that, of course I'm not analyst and don't listen to me.
i am an analyst and i concur if we break $125, we're going to test $120 again. bulls better hope that holds, or else there be bears ahead.
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N12
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May 01, 2013, 09:45:23 AM |
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DDoS = Distributed Denial of Selloffs
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ManBearPig
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May 01, 2013, 09:55:28 AM |
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It's astonishing what a little DDOS and an even smaller dump can do
Erm no, there has been no DDoS on Mt Gox for days now. there was a DDoS performed by what seemed like a bot for about 15 min that brought gox lag up to approx. 10 min. this occurred a few hours ago. Can we be sure something that brief was a DDoS? Gox IS really bad at handling volume.
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Its About Sharing
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Merit: 1000
Antifragile
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May 01, 2013, 10:03:26 AM |
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I enjoy following the bitcoinchannel.com buy. I can read candlesticks fairly well but was never much into looking at the market strength (buys and sells) as a whole - I know, bad, partial picture but the candlesticks and a few indicators always did me well. Anyway, looking at the market on clarkmoody's site: Looking for that 100k volume on the buy and sell side - It just moved off $70 on the buy to $65 (a bit bearish). The sell side is on $220 at 100k - keep an eye on that. Total sales have been creeping up since post crash (I don't have the exact dates as have been following it only a couple of times a week.) Some key figures on the buy and sell side ($70 buy and $300 sell) show that more sellers are coming in at those levels and the buyers are dropping. It is not a huge number so I tend to agree with the bitcoinchannel.com guy that short term things look bearish. Nothing that would make me sell my long term stash. Can anyone add anything here as it's the part I'm still learning... IAS
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solex
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100 satoshis -> ISO code
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May 01, 2013, 10:07:29 AM |
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Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.
The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.
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rpietila
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May 01, 2013, 10:14:07 AM |
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this means bullish for the long-term, which i can agree with. unfortunately we are severely short-term overbought, are in the midst of a minibear, and are encroaching on an extremely important mid-term support. if you really want the market to do what you want, take your cash and put a wall at $120, else we'll possibly crash right through later today.
Well, since I think the number of bitcoins is important, and not the price of them: - I have already invested all I have, in bitcoin; a BTC500 worth of puts written is the most I can do today. - I could not care less if it crashed to $10; probably I would just work a little more (to earn more bitcoins as I can earn more per hour), and spend a little less time just living luxuriously for the testimony (which is the more expensive, the lower USD/BTC rate is, as costs are measured in dollars). I will soon go to the spa wing. Nobody bit the offer for cheap puts
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