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emelac
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October 05, 2015, 06:40:21 PM |
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WTF, nothing happens for weeks, then we get news of the feds prosecuting Crptsy, Gemini opening, and the final US marshals auction all on the same day! Were the feds waiting for Gemini to announce a launch date before they announced their auction date? Will those three events start a roller coaster ride, or will we get more months of flat prices? |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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rjclarke2000
Legendary
 Offline
Activity: 1358
Merit: 1016
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October 05, 2015, 06:47:39 PM |
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Possibly final time to grab some cheap coins? We will see. Hold on tight either way! |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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October 05, 2015, 06:56:17 PM |
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Possibly final time to grab some cheap coins? We will see. Hold on tight either way! I agree. Everyone knows the bottom is in now. Buying 44k without slippage is going to be a lot more tempting this time 'round. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 05, 2015, 07:02:37 PM |
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elux
Legendary
Offline
Activity: 1458
Merit: 1006
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October 05, 2015, 07:09:16 PM |
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Possibly final time to grab some cheap coins? We will see. Hold on tight either way! I agree. Everyone knows the bottom is in now. Buying 44k without slippage is going to be a lot more tempting this time 'round. Fuck yes. I mean... Try buying 44K on Bitfinex right now. Instant ATH. Aaaand... You just bought the top and got fucked. Bitcoin is too small. |
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BitofaN1
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October 05, 2015, 07:12:43 PM |
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Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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October 05, 2015, 07:22:19 PM |
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Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
I've seen some of them suggest this as well. But the bigger worry is probably that the auction will remove 44k bitcoin x [number of bidders] of buying pressure from the regular markets. |
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emelac
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October 05, 2015, 07:27:08 PM |
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Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
The mere announcement of an auction often produced a dump even if the price pumped after the auction. We never found out what any winner paid, and I think it depended on sentiment at the time of particular auctions. I guess the first auction winner paid $500 - $600 market price to win all the coins. Although there was a good pump after the first auction the winner says he's still holding them. However, I guess the second auction winners paid less than the market price judging by the post auction dump. The sentiment was bearish at the time of the second auction. |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 05, 2015, 08:02:36 PM |
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ImI
Legendary
Offline
Activity: 1946
Merit: 1019
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October 05, 2015, 08:13:33 PM |
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240 arriving farts
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SnokkomBTC
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October 05, 2015, 08:14:50 PM |
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240 arriving farts
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BitofaN1
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October 05, 2015, 08:29:25 PM |
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Correct me if I'm wrong, but why do some bears consider that last SR auction, good news for them?Aren't those auction participants buying at market price or slightly above it? Why would they dump those coins on exchanges instead of waiting for a significant increase in price?
The mere announcement of an auction often produced a dump even if the price pumped after the auction. We never found out what any winner paid, and I think it depended on sentiment at the time of particular auctions. I guess the first auction winner paid $500 - $600 market price to win all the coins. Although there was a good pump after the first auction the winner says he's still holding them. However, I guess the second auction winners paid less than the market price judging by the post auction dump. The sentiment was bearish at the time of the second auction. If I were a troll whale, I'd pump the shit out of BTC on the 4th of November so that nobody gets to have cheap coins the next day at the auction. |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 05, 2015, 09:02:36 PM |
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dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
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October 05, 2015, 09:04:50 PM |
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Nice 1k buy on stamp :-)
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Dilla
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October 05, 2015, 09:10:12 PM |
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I think we are in for a wild ride soon
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HeXaN
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October 05, 2015, 09:20:01 PM |
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Im waiting "gemieffect"
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 05, 2015, 09:22:13 PM |
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this is for the canadians!  |
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julian071
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October 05, 2015, 09:23:18 PM |
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I think we are in for a wild ride soon
Yup. I'll be ready to sell the news. |
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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October 05, 2015, 09:38:14 PM |
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this is the news guys.
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