samsonn25
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January 14, 2015, 08:07:13 AM |
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If bitcoin was alot cheaper, more people would participate and actually use it instead of gamble on it.
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Eamorr
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January 14, 2015, 08:07:32 AM |
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Not gentleman.
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blade87
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January 14, 2015, 08:08:14 AM |
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It looks like three exchanges margin called there? Huobi and Stamp did for sure. Maybe Finex as well. BTCe actually held up. I'm not sure what to make of it. Was that the goal of all of this? There are no margins now until below $150 on Stamp and Huobi?
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beetcoin
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January 14, 2015, 08:08:31 AM |
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If bitcoin was alot cheaper, more people would participate and actually use it instead of gamble on it.
that's backwards thinking. most people who buy into bitcoin do it for the speculation.. and if it's crashing as badly as it has been, i really doubt new people will jump in.
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Richard Branson
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January 14, 2015, 08:08:43 AM |
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Huobi not l33t any more. Expect 189$ in 6 hours.
Time to dump some coins bought @ 5$.
Damn nice call. Suuuuuckers.
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samsonn25
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January 14, 2015, 08:09:20 AM |
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btc-e is the lowest margin out of all of them, i think they only allow 3-4x
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Mervyn_Pumpkinhead
Legendary
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Activity: 876
Merit: 1000
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January 14, 2015, 08:09:22 AM |
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If bitcoin was alot cheaper, more people would participate and actually use it instead of gamble on it.
If you want utility, then use NuBits. Bitcoin has fixed supply and it's value is solely based on speculation, so gambling will always be it's main use.
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dropt
Legendary
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Activity: 1512
Merit: 1000
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January 14, 2015, 08:10:25 AM |
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Possible short term bottom (VERY short term I would say). Still would not buy, not even for a quick flip. Considering that we broke a multi-year log trend line like that (the only sign of an uptrend left pretty much) is not exactly your usual crash. But maybe it's just me Word on the street, if you were in the loop, is that this was all planned. The actor - or actors - if he has some friends are/were targeting the the GOX price at time of collapse. My understanding is there was talk of attempting to borrow a large number of BTC to make it happen. If so, and I'm not saying I necessarily believe it, this could be a setup for another shattering upwards movement. So be warned, the short game may be over, and if so, you and everyone else is going to be tricked over and over on the way up just like the longs were on the way down.
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kenji
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January 14, 2015, 08:11:06 AM |
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i just woke up what the fuck is going on? this must be a nighmare
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samsonn25
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January 14, 2015, 08:11:11 AM |
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If bitcoin was alot cheaper, more people would participate and actually use it instead of gamble on it.
that's backwards thinking. most people who buy into bitcoin do it for the speculation.. and if it's crashing as badly as it has been, i really doubt new people will jump in. Thats why the whole market and utilitarian use for bitcoin is fup.
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molecular
Donator
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Activity: 2772
Merit: 1019
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January 14, 2015, 08:12:47 AM |
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i just woke up what the fuck is going on? this must be a nighmare it is! wake up, dude!
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Wandererfromthenorth
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January 14, 2015, 08:13:53 AM |
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Possible short term bottom (VERY short term I would say). Still would not buy, not even for a quick flip. Considering that we broke a multi-year log trend line like that (the only sign of an uptrend left pretty much) is not exactly your usual crash. But maybe it's just me Word on the street, if you were in the loop, is that this was all planned. The actor - or actors - if he has some friends are/were targeting the the GOX price at time of collapse. My understanding is there was talk of attempting to borrow a large number of BTC to make it happen. If so, and I'm not saying I necessarily believe it, this could be a setup for another shattering upwards movement. So be warned, the short game may be over, and if so, you and everyone else is going to be tricked over and over on the way up just like the longs were on the way down. Sounds like BS to me tbh, are you referring to the post on XRPtalk Walsoraj posted here?
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samsonn25
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January 14, 2015, 08:14:19 AM |
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Possible short term bottom (VERY short term I would say). Still would not buy, not even for a quick flip. Considering that we broke a multi-year log trend line like that (the only sign of an uptrend left pretty much) is not exactly your usual crash. But maybe it's just me Word on the street, if you were in the loop, is that this was all planned. The actor - or actors - if he has some friends are/were targeting the the GOX price at time of collapse. My understanding is there was talk of attempting to borrow a large number of BTC to make it happen. If so, and I'm not saying I necessarily believe it, this could be a setup for another shattering upwards movement. So be warned, the short game may be over, and if so, you and everyone else is going to be tricked over and over on the way up just like the longs were on the way down.
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NotLambchop
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January 14, 2015, 08:15:03 AM |
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... Word on the street, if you were in the loop, is that this was all planned. The actor - or actors - if he has some friends are/were targeting the the GOX price at time of collapse. My understanding is there was talk of attempting to borrow a large number of BTC to make it happen. If so, and I'm not saying I necessarily believe it, this could be a setup for another shattering upwards movement. So be warned, the short game may be over, and if so, you and everyone else is going to be tricked over and over on the way up just like the longs were on the way down.
PinkiePieBouncing.gif Hahahaowow.gif Good one.
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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January 14, 2015, 08:16:06 AM |
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i just woke up what the fuck is going on? this must be a nighmare But, but, you sold at $278 Double your btc time...
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dropt
Legendary
Offline
Activity: 1512
Merit: 1000
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January 14, 2015, 08:17:10 AM |
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Possible short term bottom (VERY short term I would say). Still would not buy, not even for a quick flip. Considering that we broke a multi-year log trend line like that (the only sign of an uptrend left pretty much) is not exactly your usual crash. But maybe it's just me Word on the street, if you were in the loop, is that this was all planned. The actor - or actors - if he has some friends are/were targeting the the GOX price at time of collapse. My understanding is there was talk of attempting to borrow a large number of BTC to make it happen. If so, and I'm not saying I necessarily believe it, this could be a setup for another shattering upwards movement. So be warned, the short game may be over, and if so, you and everyone else is going to be tricked over and over on the way up just like the longs were on the way down. Sounds like BS to me tbh, are you referring to the post on XRPtalk Walsoraj posted here? No, I'm not. It may or may not be BS, we'll probably never know. I personally find the method in which this all occurred a little odd. MASSIVE market dumping to gauge market reaction. No reaction? Queue another massive market dump. If it is true, with any luck the worst is over and there will be ~24-48 hrs of fallout until some footing is found.
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Eamorr
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January 14, 2015, 08:18:41 AM |
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Possible short term bottom (VERY short term I would say). Still would not buy, not even for a quick flip. Considering that we broke a multi-year log trend line like that (the only sign of an uptrend left pretty much) is not exactly your usual crash. But maybe it's just me Word on the street, if you were in the loop, is that this was all planned. The actor - or actors - if he has some friends are/were targeting the the GOX price at time of collapse. My understanding is there was talk of attempting to borrow a large number of BTC to make it happen. If so, and I'm not saying I necessarily believe it, this could be a setup for another shattering upwards movement. So be warned, the short game may be over, and if so, you and everyone else is going to be tricked over and over on the way up just like the longs were on the way down. Sounds like BS to me tbh, are you referring to the post on XRPtalk Walsoraj posted here? No, I'm not. It may or may not be BS, we'll probably never know. I personally find the method in which this all occurred a little odd. MASSIVE market dumping to gauge market reaction. No reaction? Queue another massive market dump. If it is true, with any luck the worst is over and there will be ~24-48 hrs of fallout until some footing is found.
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kurious
Legendary
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Activity: 2590
Merit: 1643
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January 14, 2015, 08:18:42 AM |
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Gentlemen. Good morning. As delighted as I may be with the way things are going, this is starting to intrude on my beauty rest! Fix your broken coin, gentlemen Oh... I can't stay mad at you, you make me so happy! I forgive you! Hahahahaha!
The price, gentlemen! Can you even believe it?!!
It's OK Lambchop called the bottom.
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Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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January 14, 2015, 08:19:19 AM |
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i just woke up what the fuck is going on? this must be a nighmare it is! wake up, dude! lol
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Wandererfromthenorth
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January 14, 2015, 08:19:32 AM |
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Frankly, all these alternative conspiracy-like explanations are just BS because this crash is 100% technicals.
So basically: Technicals dictate what happens and especially WHEN it happens. Shit happens. And then we try to explain the mess with fancy stories.
Nah.
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