gotmilk_
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January 29, 2015, 05:52:40 PM |
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I keep hearing about okcoin socialized losses... Can anyone explain what is that?
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tarmi
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Activity: 1232
Merit: 1011
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January 29, 2015, 05:56:02 PM |
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I keep hearing about okcoin socialized losses... Can anyone explain what is that?
bailout 2.0. if you hold bitcoins you will pay for chinese losses.
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podyx
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Merit: 1035
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January 29, 2015, 05:56:25 PM |
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Keep buying them bulbs. img]https://i.imgur.com/Pd8o83x.png[/img] img]https://i.imgur.com/kVzpynW.png[/img]  
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gotmilk_
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January 29, 2015, 05:59:56 PM |
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I keep hearing about okcoin socialized losses... Can anyone explain what is that?
bailout 2.0. if you hold bitcoins you will pay for chinese losses. Be more specific And it is clearly I won't pay if I hold them in cold storage...  Anyone holding more than 10% of his bitcoins on exchanges (bitfinex, okcoin, huobi) right now is a gambler. Sure there is money to be made, but the risk is to big
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ChartBuddy
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Online
Activity: 2590
Merit: 2221
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 29, 2015, 06:00:00 PM |
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Bagatell
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January 29, 2015, 06:00:23 PM |
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I keep hearing about okcoin socialized losses... Can anyone explain what is that?
bailout 2.0. if you hold bitcoins you will pay for chinese losses. You mean if the exchanges hold your bitcoins?
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JorgeStolfi
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January 29, 2015, 06:00:35 PM |
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I believe Charlie Lee developed LTC, and his brother Bobby Lee is the CEO of the exchange BTC-China in Shanghai. The question that Charlie Lee answered in that tweet was obviously referring to the launch of the Coinbase exchange last Monday. I don't think it excludes LTC in some future. (Although the US cryptocoin industry seems to be definitely partial to Bitcoin, to the exclusion of other altcoins.)
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bassclef
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January 29, 2015, 06:01:20 PM |
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The manipulators want it to go down and not up Not yet.
They still need ti dump ltc for btc. Target price may be 2.2 ltc/usd and 0.88ltc/btc.
However if you think you will liquidate ltc to btc faster without taking a hit against there bots then you will not be happy.
Please provide proof of this if you're going to speculate every page.
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Sitarow
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January 29, 2015, 06:02:22 PM |
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Dream on. Totaly different technology that is using NFC to simplify the process. articles like these are used by players like you and a select group trying to help push down the price with fud. 
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gotmilk_
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January 29, 2015, 06:06:11 PM |
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Thanks! Hah... hard to understand traders who are using those exchanges.
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Arpeggio
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January 29, 2015, 06:06:27 PM |
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Well, gentleman it's a downward 'choo'. We're about to be the new homeless 'elite'. Setting my buy signals to $45.
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KryptoFoo
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January 29, 2015, 06:08:28 PM |
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Chinese panic dump fail. Bear games are ending?
A push into the high 230's outght to get a real nice squeeze going.
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Sitarow
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January 29, 2015, 06:11:31 PM |
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The manipulators want it to go down and not up Not yet.
They still need ti dump ltc for btc. Target price may be 2.2 ltc/usd and 0.88ltc/btc.
However if you think you will liquidate ltc to btc faster without taking a hit against there bots then you will not be happy.
Please provide proof of this if you're going to speculate every page. You should read over my posts more.
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mymenace
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Smile
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January 29, 2015, 06:12:25 PM |
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dat wall at finex winklevoss twins mention btc will be a 1 trillion dollar market, that puts btc at an estimated $59000 a piece in the future
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arklan
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January 29, 2015, 06:13:05 PM |
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dat wall at finex winklevoss twins mention btc will be a 1 trillion dollar market, that puts btc at an estimated $59000 a peice i'd be quite ok with that. 
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mymenace
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Smile
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January 29, 2015, 06:16:36 PM |
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dat wall at finex winklevoss twins mention btc will be a 1 trillion dollar market, that puts btc at an estimated $59000 a peice i'd be quite ok with that.  here comes the infrastructure, killer btc app The goal with the LazyPay app is to make Bitcoin use a part of everyday life, increasing its volume of use in the in-person merchant market, getting more people to use digital currencies as a form of payment, rather than just as a speculative investment tool.
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bassclef
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January 29, 2015, 06:17:25 PM |
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You should read over my posts more.
I have, but unless you have insider info about this it's nothing more than making up a story without facts to back it up. The reason I ask is that I know a bunch of guys who are bullish ltc/btc. It's not part of a conspiracy to pump the price, it's simply that 4 critical SMAs are about to cross, similar to before last November's bull market. Nothing more.
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YourMother
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January 29, 2015, 06:22:42 PM |
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dat wall at finex winklevoss twins mention btc will be a 1 trillion dollar market, that puts btc at an estimated $59000 a peice i'd be quite ok with that.  here comes the infrastructure, killer btc app The goal with the LazyPay app is to make Bitcoin use a part of everyday life, increasing its volume of use in the in-person merchant market, getting more people to use digital currencies as a form of payment, rather than just as a speculative investment tool. You should be...  for this nonsense.
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mymenace
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Smile
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January 29, 2015, 06:28:12 PM |
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dat wall at finex
winklevoss twins mention btc will be a 1 trillion dollar market, that puts btc at an estimated $59000 a peice
i'd be quite ok with that.  here comes the infrastructure, killer btc app The goal with the LazyPay app is to make Bitcoin use a part of everyday life, increasing its volume of use in the in-person merchant market, getting more people to use digital currencies as a form of payment, rather than just as a speculative investment tool. reference if you want it http://money.cnn.com/2015/01/27/investing/bitcoin-winklevoss-twins-gold/http://www.finextra.com/news/announcement.aspx?pressreleaseid=58460good to see this news in the finance media not the crypto media
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