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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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DougTanner
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May 04, 2013, 02:41:15 PM |
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Nobody has idea where it is going, just be careful guys. 4k dump and it's on 103. It went up with pretty low volume, it can change in minute.
You were saying?  |
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HerrDoktor
Newbie
 Offline
Activity: 56
Merit: 0
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May 04, 2013, 02:41:44 PM |
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Seems like we are already back to reality. 107 and falling  |
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wiak2
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May 04, 2013, 02:42:09 PM |
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Nobody has idea where it is going, just be careful guys. 4k dump and it's on 103. It went up with pretty low volume, it can change in minute.
Very prescient of you, looks like we're headed there now. |
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Jaroslaw
Member
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Activity: 84
Merit: 10
supernode
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May 04, 2013, 02:42:18 PM |
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under 100$ we go, reptelia in deep shit again.
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seleme
Legendary
Offline
Activity: 2730
Merit: 1028
Duelbits.com
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May 04, 2013, 02:43:40 PM |
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Lot of people bought in 90s, you could expect they'll take a profit of 15 per coin in still very unstable market.
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el_rlee
Legendary
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Activity: 1595
Merit: 1014
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May 04, 2013, 02:44:20 PM |
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by the way - btcchina.com is not even reachable from within China without VPN or proxy.
Edit: just tried - it seams to work again
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jl2012
Legendary
Offline
Activity: 1792
Merit: 1065
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May 04, 2013, 02:46:01 PM |
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by the way - btcchina.com is not even reachable from within China without VPN or proxy.
FUD? This is the first time I've ever heard this |
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Cablez
Legendary
Offline
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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May 04, 2013, 02:47:46 PM |
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If you really want to throw a monkey wrench into my thinking about our current trend have the price break 150 again. That will cause all kinds of speculation shenanigans.
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seleme
Legendary
Offline
Activity: 2730
Merit: 1028
Duelbits.com
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May 04, 2013, 02:48:04 PM |
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under 100$ we go, reptelia in deep shit again.
long term i think he (and all btc holders) and going to be more than very fine... Well, depends how much you can wait and what's your entry point... you'll be fine, you have mined your coins, he didn't, he bought them. Some of them, including the trade with you, at not really bargain price. We're still far away of certain Bitcoin huge success, crashes are perfectly possible and when you have lot of money blocked at lower prices for some longer period it starts to be tricky  He is on unlimited money though so his other business won't suffer   |
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fitty
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May 04, 2013, 02:48:17 PM |
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Seems like we are already back to reality. 107 and falling See that 3k ask wall at $111? That's to make sure it doesn't bounce back. That's from a person(s) who have spent a lot of coins pushing the price down and they haven't bought back in yet. So they're not going to let the price rally until they do buy back in. From my rough calculations, they need to price to at least get to $65. They've sold a ton of coins sub $100 and if they turn around and just start buying right now it's unlikely they'd break even at best. When you stop seeing that obvious consolidation after dumps, and of course stop seeing coin dumps into every rally, then you know we're headed back up. Until then, it's just mini rallies that will be dealt with swiftly, punishment turns out to be like 5k coins dumped all once. |
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SAQ
Newbie
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Activity: 56
Merit: 0
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May 04, 2013, 02:48:30 PM |
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Nobody has idea where it is going, just be careful guys. 4k dump and it's on 103. It went up with pretty low volume, it can change in minute.
The buying pressure seems intense. I think we are going to hang around 110 - 115 for the next to hours then shoot another leg to 120. |
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SlipperySlope
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May 04, 2013, 02:50:11 PM |
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 My highest ask at $104.5 got filled an hour ago, and the one day rally is still going. |
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wachtwoord
Legendary
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Activity: 2366
Merit: 1125
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May 04, 2013, 02:50:14 PM |
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Well, depends how much you can wait and what's your entry point... you'll be fine, you have mined your coins, he didn't, he bought them.
That's completely irrelevant. That's like people at casino's betting big with their earlier winnings, losing it all and then stating it wasn't theirs to start with. Total bull shit. |
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HerrDoktor
Newbie
Offline
Activity: 56
Merit: 0
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May 04, 2013, 02:51:29 PM |
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Seems like we are already back to reality. 107 and falling See that 3k ask wall at $111? That's to make sure it doesn't bounce back. That's from a person(s) who have spent a lot of coins pushing the price down and they haven't bought back in yet. So they're not going to let the price rally until they do buy back in. From my rough calculations, they need to price to at least get to $65. They've sold a ton of coins sub $100 and if they turn around and just start buying right now it's unlikely they'd break even at best. When you stop seeing that obvious consolidation after dumps, and of course stop seeing coin dumps into every rally, then you know we're headed back up. Until then, it's just mini rallies that will be dealt with swiftly, punishment turns out to be like 5k coins dumped all once. thanks for pointing this out to me. |
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Ultraviolet
Member
Offline
Activity: 84
Merit: 10
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May 04, 2013, 02:54:15 PM |
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People really need to give the China bullshit some thought. Absolutely nothing material has changed since that article aired. Gox's banks are still closed until *Tuesday and it's Saturday in China, too. It's not that simple to get millions of USD in fiat onto the exchanges. Furthermore, the outright majority of Chinese people are destitute and impoverished. It's like ~600-700 Yuan for one BTC. The only people in China who can play the game are the affluent, and the affluent are all connected to the CCP: http://www.forbes.com/2011/09/14/china-rich-lists-opinions-contributors-john-lee.htmlWe saw _one_ sell off as a result of the Coinlab v. Gox lawsuit. _One_ dip into the 80s that didn't even last two hours, and that suit can outright destroy the world's only high volume BTC exchange. But for this pile of shit spat out of the CCP's Propaganda Ministry, people lose their sense of reason thinking that within hours of it airing that it switches the state of affairs from bear to bull. Outright retarded. Humans are trivial to play. |
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seleme
Legendary
Offline
Activity: 2730
Merit: 1028
Duelbits.com
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May 04, 2013, 02:57:30 PM |
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Well, depends how much you can wait and what's your entry point... you'll be fine, you have mined your coins, he didn't, he bought them.
That's completely irrelevant. That's like people at casino's betting big with their earlier winnings, losing it all and then stating it wasn't theirs to start with. Total bull shit. Not sure if I understand good what you are trying to say, it happens sometimes as English is not my native language. Goat will be pretty good if he just holds on loads of coins he mined, I strongly believe Bitcoin will be worth more in the future. If he doesn't sell anything or just small parts of it to support his lifestyle he'll still be fine. as he got his coins very cheap. His collection will be worth more or less during time but if he is happy with size of his collection and doesn't want to trade he'll be fine in long period. |
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DougTanner
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May 04, 2013, 03:00:08 PM |
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Gox's banks are still closed until Monday
Tuesday actually. Monday is a bank holiday in Japan. |
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seleme
Legendary
Offline
Activity: 2730
Merit: 1028
Duelbits.com
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May 04, 2013, 03:01:10 PM |
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The battle of the walls, see who'll keep more nerves in our next episode or download special report for 14BTC only from our website  |
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ChartBuddy
Legendary
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Activity: 1834
Merit: 1574
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 04, 2013, 03:06:08 PM |
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Poll
