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ejinte
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January 29, 2015, 01:16:08 PM |
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$220s. I called it. Now if it goes lower, I buy even MOAR!!!Oh yeah. trading the pattern. BTCBTCBTCBTCBTCBTCBTCBTCBTCBTC  well done, let's see if you're right about $350 as well |
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KryptoFoo
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January 29, 2015, 01:16:18 PM |
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the sideways then dump movement over the past few days has been a profitable pattern for shorts. It will continue to work for them, until it no longer works. I think we will know it's over when price is able to recover to levels higher than just before the previous dump. Complacent shorts will get caught when that happens and we could see an up cycle pattern begin anew.
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nakaone
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January 29, 2015, 01:25:03 PM |
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6300 to 220 @ Finex Cmon finex traders, show you balls and push china higher this time. Enough of their bear games The plan is to creep sideways and slightly down so that short sellers will take positions and then we're gonna pump 'til we squeeze 'em. I would say it is quite the opposite. we are waiting for more longs to open and then we will squeeze them like bugs on our way to 120 $. I wouldn't dare to open a long position (leveraged) in the current market. Doing so screams for an accident waiting to happen. Going in now is fine, but for the love of Satoshi, please not on leverage! This has been exploited by malicious actor's back when btc was worth $6 to $9 since when is the market driven by this leveraged trade? any specific point of time? |
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Miz4r
Legendary
 Offline
Activity: 1246
Merit: 1000
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January 29, 2015, 01:26:18 PM |
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We're way oversold and should correct back up soon. Just like the crazy 30% gain in a single day earlier without any retrace, this massive drop without a real retrace is going to violently bounce back upwards as well. I'm thinking $270-280 within 3 days from now, just watch.  |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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January 29, 2015, 01:29:16 PM |
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6300 to 220 @ Finex Cmon finex traders, show you balls and push china higher this time. Enough of their bear games The plan is to creep sideways and slightly down so that short sellers will take positions and then we're gonna pump 'til we squeeze 'em. I would say it is quite the opposite. we are waiting for more longs to open and then we will squeeze them like bugs on our way to 120 $. Bring it on, Pal. I'm margin long right now with a liquidation price of $28.94, so you'll have to squeeze tighter than that. Oh yeah, and I still have three grand left of the $5,000 I had stockpiled for this entirely predictable little dip. That's cash not margin. We'll see who gets squeezed. |
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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January 29, 2015, 01:37:11 PM |
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6300 to 220 @ Finex Cmon finex traders, show you balls and push china higher this time. Enough of their bear games The plan is to creep sideways and slightly down so that short sellers will take positions and then we're gonna pump 'til we squeeze 'em. I would say it is quite the opposite. we are waiting for more longs to open and then we will squeeze them like bugs on our way to 120 $. Bring it on, Pal. I'm margin long right now with a liquidation price of $28.94, so you'll have to squeeze tighter than that. Oh yeah, and I still have three grand left of the $5,000 I had stockpiled for this entirely predictable little dip. That's cash not margin. We'll see who gets squeezed. good to hear that your liquidation price is so low, but the truth is that your funds are in bitfinex owner's hands and I think that bitfinex liquidation price is at much higher levels. |
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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January 29, 2015, 01:45:01 PM |
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GTFO dummy!  |
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WeltMaster
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January 29, 2015, 01:55:15 PM |
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Still 16'000 coins to sell to $200,
C'mon bears, are you even trying?
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Phillis
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January 29, 2015, 01:57:12 PM |
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this will be an interesting few days, hopefully we find out where we go |
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aztecminer
Legendary
Offline
Activity: 1092
Merit: 1000
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January 29, 2015, 01:59:55 PM |
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Has anyone noticed Huobi's gone full retard again? Or is it just bitcoinwisdom? (3m chart)   huobi is in 'chinese panic' mode dumping their coins so they aren't the bagholders on the 'big block of cheese day' .. |
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 29, 2015, 01:59:56 PM |
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SnokkomBTC
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January 29, 2015, 02:03:03 PM |
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Still 16'000 coins numbers on an exchange to sell to $200,
C'mon bears, are you even trying?
If they're not on the blockchain they're just numbers. How do you mean? 'Fractional reserve' at Bitcoin exchanges? |
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Bagatell
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January 29, 2015, 02:09:10 PM |
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Did you mean "fictional reserves"?
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minerpumpkin
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January 29, 2015, 02:20:37 PM |
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Did you mean "fictional reserves"?
If you don't hold the keys then yes, fictional, fractional, make-believe, whatever, they're not coins, they're just numbers. All these coins dumped in the last few days with no significant sign on days destroyed or transaction volume... some of them are nothing more than numbers and folks will only know which when (not if, when) there's another Goxing. Move to exchanges that operate transparently if you don't want it to be you getting Goxed. It doesn't matter if you hold the keys, should the exchange also hold the keys. Yeah, you need multi-sigs in order for that to work. I think Stamp is going in the right direction concerning this but ultimately it will only be due to more competition that exchanges truly evolve. We're at the beginning of it, I believe. |
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ShroomsKit
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January 29, 2015, 02:21:51 PM |
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How's the useless pump and dump coin going?
Are there still believers here?
Inca? Are we about to go up? Just shaking out the weak hands? Big secret forces are gobbling up all the cheap coins?
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ShroomsKit
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January 29, 2015, 02:23:06 PM |
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this will be an interesting few days, hopefully we find out where we go You really have to wonder where we are going? 13 months of going down didn't give you an idea yet? |
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ghandi
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January 29, 2015, 02:23:27 PM |
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Did you mean "fictional reserves"?
If you don't hold the keys then yes, fictional, fractional, make-believe, whatever, they're not coins, they're just numbers. All these coins dumped in the last few days with no significant sign on days destroyed or transaction volume... some of them are nothing more than numbers and folks will only know which when (not if, when) there's another Goxing. Move to exchanges that operate transparently if you don't want it to be you getting Goxed. So for which exchange you are working exactly (thats what i'm asuming...)? Which allows me to hold the PrivateKey to the coins while i still can place orders on the market and prevents me from doing silly thinks like "moving the coins in the moment the order fullfills"? |
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WeltMaster
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January 29, 2015, 02:23:44 PM |
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Yawn Coinbase just hit 2 million users, everything is at all time highs, transactions, volume, wallets, everything. Yet we drift lower on tiny volume. Yeah sure bears, keep it up  |
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NotLambchop
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January 29, 2015, 02:24:02 PM |
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Did you mean "fictional reserves"?
So is "exchange prices not real" the bulltard excuse du jour? Is anything about Bitcoin real, or is it all "just a mirage," like the man said?  |
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