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bassclef
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November 07, 2013, 01:34:13 AM |
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Meanwhile, back at Gox...  |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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strawbs
Legendary
 Offline
Activity: 868
Merit: 1340
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November 07, 2013, 01:34:42 AM |
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when I wake up, that wall better be gone
It's 1k smaller than it was an hour ago. Off to bed with similar hopes.... |
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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November 07, 2013, 01:36:39 AM |
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Meanwhile, back at Gox... is that from the princess bride?  |
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haightst
Newbie
Offline
Activity: 42
Merit: 0
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November 07, 2013, 01:37:32 AM |
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Coinbase = 274
MtGox = 266.5
Easy exit from gox, buy coins and arbitrage selling on coinbase.
looks like a good place to sell, only if i wanted to sell Good news everybody - I will be selling BTC2,000 if we hit 600 this month, or 700 the next! can i reserve those?  |
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bassclef
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November 07, 2013, 01:38:17 AM |
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is that from the princess bride? Indeed. The Cliffs of Insanity!!  |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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November 07, 2013, 01:40:12 AM |
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If this bubble can reach $1k, will it promptly create a crash from all of the sellers at that price point? Or will it begin much sooner ($500)?
Here's a "back of the envelope" theory: Base to Peak ratios Bubble 1: $1 to $30 (30x) Bubble 2: $13 to $260 (20x) Bubble 3: $120 to $1,200 (10x)  |
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thezerg
Legendary
Offline
Activity: 1246
Merit: 1010
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November 07, 2013, 01:41:06 AM |
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Somehow my intuition tells me these coins are either going to be hoarded by casual purchasers that want a bitcoin position but don't want to go through the hassle of exchange verification, or spent right away. But they won't be SOLD for fiat on an exchange by the purchaser. Either situation is bullish for bitcoin... |
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donut
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November 07, 2013, 01:42:58 AM |
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China is waking up, the rally continues.  |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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November 07, 2013, 01:44:37 AM |
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THERE SHE BLOWS!
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 07, 2013, 01:47:15 AM |
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Cablez
Legendary
Offline
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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November 07, 2013, 01:48:09 AM |
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It is nice to see bitstamp at parity with Mt gox for change. Maybe this wall will be what it takes for the holdouts to change over.
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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November 07, 2013, 01:50:18 AM |
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Its a clusterfuck, everyone is hesitant to buy because of that wall.. but there are no asks at bitstamp, so the few people [and really, there are very few] buying there are causing panic elsewhere.. lol.
Bitstamp only needs a 1k buy for $280
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hmmmstrange
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November 07, 2013, 01:53:17 AM |
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If this bubble can reach $1k, will it promptly create a crash from all of the sellers at that price point? Or will it begin much sooner ($500)?
Here's a "back of the envelope" theory: Base to Peak ratios Bubble 1: $1 to $30 (30x) Bubble 2: $13 to $260 (20x) Bubble 3: $120 to $1,200 (10x) Bubble 3: $120 to $1,680 (14x) |
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DougTanner
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November 07, 2013, 01:53:46 AM |
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Stamp and China: TO THE MOON Gox: Meh, I'm happy here.  |
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barbs
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November 07, 2013, 01:54:16 AM |
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It is nice to see bitstamp at parity with Mt gox for change. Maybe this wall will be what it takes for the holdouts to change over.
Until they suss the UI and trading engine... unlikely. |
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dwdoc
Legendary
Offline
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
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November 07, 2013, 01:54:31 AM |
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When that wall finally gets eaten it will be remembered as "the Great Wall of China."
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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November 07, 2013, 01:54:40 AM |
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you seem to have recovered your mood Adam |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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November 07, 2013, 01:54:46 AM |
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Its remarkable that Gox is holding...
Seriously, da fuq?
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hahahafr
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November 07, 2013, 01:55:37 AM |
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266.9 wall being attacked, 860.75 BTC bought!
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justusranvier
Legendary
Offline
Activity: 1400
Merit: 1009
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November 07, 2013, 01:55:54 AM |
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