BitChick
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Activity: 1148
Merit: 1001
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January 05, 2015, 04:16:22 AM |
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Crash was predictable/easy to time and started at china as always.
Nothing to do with this shit.
I think any problems at one of the major exchanges is enough to cause a sell off. I would think even more now after what happened with Gox. People are even less trusting now, or should be. |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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January 05, 2015, 04:16:39 AM |
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i hope this is not GOX v2.0 because if it is then bitcorn will go 2 digit way
LOL! At least it's been an exciting weekend! |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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January 05, 2015, 04:21:17 AM |
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I think we need a new poll:
Which exchange should chart buddy display once bitstamp shuts down?  
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noobtrader
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Activity: 1456
Merit: 1000
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January 05, 2015, 04:30:03 AM |
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maranello1561
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January 05, 2015, 04:30:15 AM |
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Don't Panic. Its only magic internet money.
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Specular
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Activity: 180
Merit: 102
dApps Development Automation Platform
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January 05, 2015, 04:31:04 AM |
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The BitStamp news is very interesting....
It's odd that the price has not reacted at all. There is even some light buy volume on BitStamp.
Crazy days.
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abercrombie
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Activity: 1159
Merit: 1001
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January 05, 2015, 04:32:07 AM |
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Bullish? Bitstamp customers can't dump their coins.  |
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JorgeStolfi
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January 05, 2015, 04:32:09 AM |
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Crash was predictable/easy to time and started at china as always.
Nothing to do with this shit.
I don't believe there are many chinese traders on china's exchanges. Probably a lot less than there were in November 2013. But maybe still enough to set the price. One reason I think so is that the price still does not react much to Western news (like "Microsoft accepts bitcoin" or "California makes bitcoin legal tender") but reacts to Chinese news ("A 3 G€ hedge fund will trade in OKCoin's platform", 2014-11-12). By the way, the Chinese stock market had a freak 20% rise in december; it may explain bitcoin's crash. |
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Specular
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Activity: 180
Merit: 102
dApps Development Automation Platform
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January 05, 2015, 04:34:01 AM |
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Maybe someone stole BitStamps hot wallet coins and dumped them all as quickly as they could - causing the latest price collapse?
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BlindMayorBitcorn
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Activity: 1260
Merit: 1115
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January 05, 2015, 04:35:47 AM |
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Maybe someone stole BitStamps hot wallet coins and dumped them all as quickly as they could - causing the latest price collapse?
Or this is Bitstamp's way of halting the crash. Or their hot wallet really is just temporarily buggered |
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Specular
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Activity: 180
Merit: 102
dApps Development Automation Platform
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January 05, 2015, 04:43:32 AM |
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Maybe someone stole BitStamps hot wallet coins and dumped them all as quickly as they could - causing the latest price collapse?
Or this is Bitstamp's way of halting the crash. Or their hot wallet really is just temporarily buggered Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride. |
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coinableS
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Activity: 1442
Merit: 1180
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January 05, 2015, 04:49:49 AM |
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Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.
If no one can send bitcoins into the exchange, they won't have any to sell. |
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Walsoraj
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January 05, 2015, 04:54:02 AM |
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New poll: how long until Stamp freezes trading?
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maranello1561
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January 05, 2015, 04:54:38 AM |
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i hope this is not GOX v2.0 because if it is then bitcorn will go 2 digit way
Oh cmon, lets just admit it, y'all a bunch of namby-pamby worry-warts who wet their pants over everything. |
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Specular
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Activity: 180
Merit: 102
dApps Development Automation Platform
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January 05, 2015, 04:54:54 AM |
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Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.
If no one can send bitcoins into the exchange, they won't have any to sell. True. |
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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January 05, 2015, 04:58:55 AM |
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all the naked short selling will stop and shorts will got locked out of their profits when the bitswamp bellies up ... it's good for bitcoin when speculators get taught about the counterparty risk on those "oh-so-easy" selling what ya don't own profits
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ChartBuddy
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Activity: 2212
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 05, 2015, 05:00:13 AM |
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Walsoraj
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January 05, 2015, 05:04:11 AM |
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Informing your customers that there is a problem with the hot wallet and that deposits may result in private keys being lost is one very risky way of halting a crash. Who knows... It is just strange that the price is taking all this in stride.
If no one can send bitcoins into the exchange, they won't have any to sell. True. The deposit page shows this:  New deposit addresses forthcoming. The crash may continue. |
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marcus_of_augustus
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Activity: 3920
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Eadem mutata resurgo
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January 05, 2015, 05:05:18 AM |
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should of got your bitcoins out of the swamp while you still had time ... sounds like the music just stopped.
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Poll
