Krabby
Sr. Member
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Activity: 644
Merit: 250
https://primedao.eth.link/#/
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December 16, 2013, 08:35:41 PM |
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I should drop acid
I should drop trading |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Nemo1024
Legendary
Offline
Activity: 1680
Merit: 1014
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December 16, 2013, 08:35:58 PM |
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BTC-E decided to take a small plunge.  |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 16, 2013, 08:36:29 PM |
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I'll say it again - short term China news are bad but long term farewell China, it was nice to meet you on the road to 1200.
Anything that is reliant on communist government mood has problems, so let's stop be reliant on China and do what we were doing good without China too.
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gandhibt
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December 16, 2013, 08:36:42 PM |
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Chinese officials are probably playing the market and forcing a dump. Tomorrow the official statement reads simply, "we never said that".
This would be very LOL  |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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December 16, 2013, 08:37:48 PM |
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I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...
I thought the same on April this year. Calm down, everybody. True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now. You might want to cash something out now. Just saying. I can almost hear the shaking of your body in your words. you shouldn't be selling unless you NEED the money ( bills, food, a part of your monthly budget) if not calm the fuck down as any news about China gets blown so far out of fucking context is makes me sick. "At the moment, these claims are still rumours, as neither the PBOC nor any payment company has issued a statement to confirm what was discussed and what the outcome was. However, our source revealed they got their information from various channels, including those people who were at the meeting." http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/I mean I'd love to believe that one article with non official sources would be 100% true but I don't buy it.. just like I am not buying the eurozone bail in discussion till they have a plan on the table thats agreed upon What's wrong with selling. Don't tell me you're one of those people that don't understand how markets work -- if it weren't for someone selling at some point, you would have exactly zero coins. (Unless you're a miner, in which case you still need people selling otherwise your coins are worthless as well) |
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Davyd05
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December 16, 2013, 08:38:24 PM |
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I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...
I thought the same on April this year. Calm down, everybody. True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now. You might want to cash something out now. Just saying. Nope. Now I will hold of course... And I know that it always looks easy in hindsight. And I bought them for the long run in the first place, didn't expect such a huge rise that soon, so I guess everything is alright  It just feels weird right now. Thanks anyway a Jr. member with a brain of his or her own.. Clap Clap heres to more people like you |
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gandhibt
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December 16, 2013, 08:38:45 PM |
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I should drop acid
I should drop trading I just smoked weed and now im drinking beer while making coins! How fun is this shit |
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Davyd05
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December 16, 2013, 08:39:44 PM |
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I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...
I thought the same on April this year. Calm down, everybody. True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now. You might want to cash something out now. Just saying. I can almost hear the shaking of your body in your words. you shouldn't be selling unless you NEED the money ( bills, food, a part of your monthly budget) if not calm the fuck down as any news about China gets blown so far out of fucking context is makes me sick. "At the moment, these claims are still rumours, as neither the PBOC nor any payment company has issued a statement to confirm what was discussed and what the outcome was. However, our source revealed they got their information from various channels, including those people who were at the meeting." http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/I mean I'd love to believe that one article with non official sources would be 100% true but I don't buy it.. just like I am not buying the eurozone bail in discussion till they have a plan on the table thats agreed upon What's wrong with selling. Don't tell me you're one of those people that don't understand how markets work -- if it weren't for someone selling at some point, you would have exactly zero coins. (Unless you're a miner, in which case you still need people selling otherwise your coins are worthless as well) nothing is wrong with selling.. a lot is wrong with panic selling.. and that is a majority of what I see pushed |
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11ams
Newbie
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Activity: 56
Merit: 0
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December 16, 2013, 08:40:16 PM |
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Anything that is reliant on communist government mood has problems, so let's stop be reliant on China and do what we were doing good without China too.
ftfy |
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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December 16, 2013, 08:42:25 PM |
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China going down slowly. Not sure if I should buy back or not  |
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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December 16, 2013, 08:42:49 PM |
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[...]
nothing is wrong with selling.. a lot is wrong with panic selling.. and that is a majority of what I see pushed
It's only panic selling if you didn't conclude price will continue to fall and you sell anyway. I see more and more evidence that this correction is far from over. Hence my recommendation: wait for a moderate rebound (tonight? tomorrow maybe?), take a long, hard look at the charts and the tools of your choice, and then decide if it's time to sell some. |
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P_Shep
Legendary
Offline
Activity: 1795
Merit: 1198
This is not OK.
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December 16, 2013, 08:43:19 PM |
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Yay! Made 4 BTC with $36 left over. |
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Davyd05
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December 16, 2013, 08:45:50 PM |
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China going down slowly. Not sure if I should buy back or not Last crash played out over 2 days ( dec5-7 almost in to 8 ) however the low was hit about 24hrs from the first drop.. I sold at 870 had I waited 24 hrs I was laughing got back in much earlier and saved myself some stress but lost future profits. With that being said analyze the information you have.. and find a re-entry point(at a gain and loss) that seems reasonable since I believe you already sold. Either way you need to find a reason why you think the crash slides, drops or ends. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 16, 2013, 08:46:04 PM |
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Anything that is reliant on communist government mood has problems, so let's stop be reliant on China and do what we were doing good without China too.
ftfy Well yes, but so far we had pretty good news from all governments with sense, I don't really care what China says about Bitcoin as I never believed them in first place. What was important is what USA was supposed to say and that went very good so far. I definitely don't understand why are people desperate about news from China. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 08:46:24 PM |
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China going down slowly. Not sure if I should buy back or not never go all in in one day |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 16, 2013, 08:46:55 PM |
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I think we may have bottomed out
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Mirsad
Full Member
Offline
Activity: 140
Merit: 100
Bitcoin - love & hate
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December 16, 2013, 08:47:17 PM |
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I think we may have bottomed out
BUY BUY BUY! |
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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December 16, 2013, 08:47:34 PM |
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I should drop acid
I should drop trading I just smoked weed and now im drinking beer while making coins! How fun is this shit good idea, that is what i will do |
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Kj1
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December 16, 2013, 08:48:00 PM |
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Yay! Made 4 BTC with $36 left over. explain |
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jonat3
Newbie
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Activity: 35
Merit: 0
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December 16, 2013, 08:48:11 PM |
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Will probably correct some more, but I'm not selling. We all know BTC's ultimate potential. In the end there will be less major price drops, because there will be widespread consensus about its possibilities. That means that people will not be prone to panic selling. I'm not selling. By doing that, the ultimate endgame scenario needs one person less in order to come to fruition.
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