Hyperjacked
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 Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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November 08, 2015, 07:36:33 PM |
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I thought the last 24 h were supposed to be critical  Boring, crazy 3 weeks and now boring again? Shiiiiiiiiiiiieet look it's the weekend and Blythe Masters is enjoying a nice day walking the dogs in Central Park... who said 24hours? I said more like an Eddie Murphy 48 hours kinda movie (watch you tube trailer) maybe a trading places Eddie Murphy type of time frame... cheers and enjoy a movie weekend.  |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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November 08, 2015, 07:46:31 PM |
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look it's the weekend and Blythe Masters is enjoying a nice day walking the dogs in Central Park...
The gods have decided the uptrend will continue.  |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 08, 2015, 07:49:45 PM |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous |
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yolalanda
Newbie
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Activity: 56
Merit: 0
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November 08, 2015, 07:51:30 PM |
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...
That is Bull whale, telling Bear whale, we are bigger and tougher than you are, now run along and exit your massive short position, or something like that, cos you aint driving this market down at this moment in time.
Laughably transparent false flag disinfo attempt by bull whale, who should just pack up and go home. Bears aren't fooled by his runny bullshit. The Bears arrogance blinds them... Your bovine friend pooped himself and ran away. Nothing can save you now... |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 08, 2015, 07:53:47 PM |
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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November 08, 2015, 07:58:35 PM |
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...
That is Bull whale, telling Bear whale, we are bigger and tougher than you are, now run along and exit your massive short position, or something like that, cos you aint driving this market down at this moment in time.
Laughably transparent false flag disinfo attempt by bull whale, who should just pack up and go home. Bears aren't fooled by his runny bullshit. The Bears arrogance blinds them... Your bovine friend pooped himself and ran away. Nothing can save you now... save me...? Lol! I'm not leveraged...and I'm enjoying making sushi as we chat! If I was a leveraged short I would be "pooping" myself! All the best |
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MatTheCat
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November 08, 2015, 07:59:03 PM |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous Either market technicals moulding/manipulation from one whale, or a battle between Bear and Bull whales, which Bull whale took to both Kraken and Finex, as well as Bitstamp, where massive Bid walls were erected at $380. Your bovine friend pooped himself and ran away. Nothing can save you now...
He has removed his Bid Wall from Finex. I expect he will also remove it from Kraken soon. 400 odd of the Stamp Wall remains. P.S. U need to stop passionately fighting and believing in your own book. That can cost you a lot of money. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 08, 2015, 08:01:19 PM |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 08, 2015, 08:01:33 PM |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous good morning bitcoin land.
I was expecting waking up to some big move, so i am kinda disappointed....
remarkable how the coins were bought at the first sign of a dump and then price promptly went back >380.
no matter, THE PLUNGE is coming!
That's comforting. You know where we're heading. |
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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November 08, 2015, 08:04:04 PM |
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Your bovine friend pooped himself and ran away. Nothing can save you now...
He has removed his Bid Wall from Finex. I expect he will also remove it from Kraken soon. 400 odd of the Stamp Wall remains. ... ahh walls, they come and they go..  |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 08, 2015, 08:06:52 PM |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous good morning bitcoin land.
I was expecting waking up to some big move, so i am kinda disappointed....
remarkable how the coins were bought at the first sign of a dump and then price promptly went back >380.
no matter, THE PLUNGE is coming!
That's comforting. You know where we're heading. Nope. No idea. And I never really did  |
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bri912678
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November 08, 2015, 08:07:21 PM
Last edit: November 08, 2015, 08:17:39 PM by bri912678 |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous Either market technicals moulding/manipulation from one whale, or a battle between Bear and Bull whales, which Bull whale took to both Kraken and Finex, as well as Bitstamp, where massive Bid walls were erected at $380. Your bovine friend pooped himself and ran away. Nothing can save you now...
He has removed his Bid Wall from Finex. I expect he will also remove it from Kraken soon. 400 odd of the Stamp Wall remains. P.S. U need to stop passionately fighting and believing in your own book. That can cost you a lot of money. There goes the stamp wall, either the same whale that put it up dumped 400 coins into it, or a bear whale dumped. Whatever the cause it's gone now. I still think the same whale who put it up was the one responsible for dumping through it. |
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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November 08, 2015, 08:08:07 PM |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous good morning bitcoin land.
I was expecting waking up to some big move, so i am kinda disappointed....
remarkable how the coins were bought at the first sign of a dump and then price promptly went back >380.
no matter, THE PLUNGE is coming!
That's comforting. You know where we're heading. I do and might tell you for a sip of coffee...Not! Maybe the whale was annoyed at the "transparent" comment someone made and wanted some more creativity enforced! cheers Fatman! |
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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November 08, 2015, 08:09:31 PM |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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November 08, 2015, 08:09:39 PM |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous good morning bitcoin land.
I was expecting waking up to some big move, so i am kinda disappointed....
remarkable how the coins were bought at the first sign of a dump and then price promptly went back >380.
no matter, THE PLUNGE is coming!
That's comforting. You know where we're heading. Nope. No idea. And I never really did I'll put on my doooom face then.  |
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oda.krell
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Activity: 1470
Merit: 1007
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November 08, 2015, 08:21:40 PM |
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That chart analysis talks about leveraged shorting as the reason why this recent rally didn't go up to $1200 and why it's going down from here. Do we not also have leveraged long trades now too lol? I'm not understanding this point at all.
With leveraged trading, anyone can go long and anyone can go short. Prior to leveraged trading, anyone could "go long" because going long meant exchanging fiat for bitcoin, and 100% of traders have fiat. Conversely, going short meant selling bitcoin for fiat, and the percentage of traders with bitcoin was way less than 100%. If you did not hold any bitcoin and you wanted to short it, then you'd have to buy some first before you could dump it on the market. Make sense? EDIT: The creation of leveraged trading was therefore necessarily bearish for bitcoin. I wish I had understood that two years ago lol ...You would have a point if the currently available leverage would be 1:1 in either direction, but that's not the case. During the pre-leverage era, "long" meant 1:1 (i.e. non leveraged buying and selling), and a symmetric operation i.e. "shorting" was simply impossible (on the dominant exchange, that is). Today, the market offers 20:1 leverage in either directions (futures on OKC, iirc), i.e. from 1:1 to 20:1 for longs, and from na to 20:1 for shorts. That's a lot less 'bearish' impact than the change you seem to describe, where longs stayed the same, and only shorts went from nothing to 1:1. I think the very fact that there is shorting at all is more significant than just being one more number on the road to 20x leverage. On the other hand, with easily available shorting opportunities buyers should be confident that the price reflects genuine interest at least. Going from long:possible;shorting:impossible to long:possible;short:possible is a big deal regardless of the various limits ... right?
Oh, I'm sorry. Guess I didn't properly state my argument:  Any further questions? |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 08, 2015, 08:22:09 PM |
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 Manipulation be tricky. I'll put on my doooom face then. Ahhh. Good times. |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 08, 2015, 08:27:55 PM |
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Any further questions? Sure  uh.. I mean, price? up or down? |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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November 08, 2015, 08:50:04 PM |
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...
That is Bull whale, telling Bear whale, we are bigger and tougher than you are, now run along and exit your massive short position, or something like that, cos you aint driving this market down at this moment in time.
Laughably transparent false flag disinfo attempt by bull whale, who should just pack up and go home. Bears aren't fooled by his runny bullshit. The Bears arrogance blinds them...  but seriously you gotta be suicidal to buy at these prices. beware. seems like a good reason to dump into those walls .. |
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yolalanda
Newbie
Offline
Activity: 56
Merit: 0
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November 08, 2015, 08:50:35 PM |
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look at that hourly tiny red candle with 6k volume! support is way stronger than I expected. was THE PLUNGE intercepted starting to get nervous Either market technicals moulding/manipulation from one whale, or a battle between Bear and Bull whales, which Bull whale took to both Kraken and Finex, as well as Bitstamp, where massive Bid walls were erected at $380. Your bovine friend pooped himself and ran away. Nothing can save you now...
He has removed his Bid Wall from Finex. I expect he will also remove it from Kraken soon. 400 odd of the Stamp Wall remains. P.S. U need to stop passionately fighting and believing in your own book. That can cost you a lot of money. Almost no skin in the game, just snickering at cow.ardly bulls scatter like frightened little girls, as their pathetic bovine brains grasp the deep doo doo they thunk themselves into. Bull brains are simply repulsive, have you seen them? Here: http://recette3.supertoinette.com/65803/thumb/800/-/65803.jpgWhen I was a kid, I foolishly lived in France for a while, and remember nearly gagging as my landlady *fried* your brains. She smirked at me, and in heavily accented English said "In America, you do not eat brains. You do not like them." Frightening old woman. |
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