YourMother
Legendary

Activity: 1281
Merit: 1046
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March 03, 2015, 11:54:35 AM |
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ghandi
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March 03, 2015, 11:57:11 AM |
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Looks like the party is over 
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ChartBuddy
Legendary
Online
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 03, 2015, 11:59:21 AM |
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NotLambchop
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March 03, 2015, 12:00:28 PM |
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Looks like the party is over  Bitcoin not ded!!1!
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aztecminer
Legendary

Activity: 1092
Merit: 1000
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March 03, 2015, 12:02:11 PM |
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 yep....i amupset atm ........obviously i need moar coins to trade with.
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YourMother
Legendary

Activity: 1281
Merit: 1046
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March 03, 2015, 12:04:56 PM |
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Looks like the party is over  BUT WHAT ABOUT MA' YACHT ?
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aztecminer
Legendary

Activity: 1092
Merit: 1000
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March 03, 2015, 12:05:27 PM |
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Looks like the party is over  Bitcoin not ded!!1! and we don't have to worry about gimpple ripple anymore either! lol .
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aztecminer
Legendary

Activity: 1092
Merit: 1000
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March 03, 2015, 12:07:09 PM |
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Looks like the party is over  party is over everytime a 'chinese miner' dumps  ..
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NotLambchop
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March 03, 2015, 12:12:28 PM |
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Yeah, party's over bulls, your house's trashed, and there's some cow passed out in your parents' room.*
*They're pulling into the drive now.
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Mervyn_Pumpkinhead
Legendary

Activity: 876
Merit: 1000
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March 03, 2015, 12:12:57 PM |
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The price hasn't even touched the line where true resistance begins. Only at around 400$, will some miners start to see some ROI, who have accumulated through 2014. Bitcoin is having a very difficult time to even overcome the range where sell pressure is actually low.
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ImI
Legendary

Activity: 1946
Merit: 1019
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March 03, 2015, 12:13:50 PM |
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Trolls back in the cave. they will come out once the price drops 3$.
and here they are. so pathetic.
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simmo77
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March 03, 2015, 12:14:36 PM |
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Where are all the Ripple shills? 
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oda.krell
Legendary

Activity: 1470
Merit: 1007
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March 03, 2015, 12:19:04 PM |
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Trolls back in the cave. they will come out once the price drops 3$.
and here they are. so pathetic. They're not exactly subtle, are they  Like the DDoS attacks timed to co-occur with a dump in the old gox days. I doubt whether it's effective though. Probably more for their own amusement than actually having any real effect.
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Norway
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March 03, 2015, 12:21:23 PM |
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The money that sits on saving accounts are not real money, because they exist in two or more places simultaneously. A dollar that sits on your saving account is at the same time lended to somebody else and sits on their current account too.
I'm sorry, but I really have to disagree with your analysis. You are making a distincion between real and not real/duplicated money. But you are actually describing inflation/money printing. This process is not the same as the definition of M2. However, I agree that fractional reserving can be done with bitcoin for companies like Coinbase / bitcoin banks. The (simplified) definition of M2 is M1 + savings accounts + term accounts. Most of money on savings and term accounts are IOUs, since bank doesn't actually have them, they are lended by the bank to somebody else (that's why we earn interest on these accounts). That's why M2 = M1+IOU. Granted, it is all simplified. But it's OK for our purpose, which was estimating MB, since only MB fiat will be replaced by blockchained bitcoin. 
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KryptoFoo
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March 03, 2015, 12:24:43 PM |
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zoom out, looks like a normal pullback. Profit taking, new shorts, TA, whatever the reason, the thing to watch is how this dip is handled - with dip buying or more selling?
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aztecminer
Legendary

Activity: 1092
Merit: 1000
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March 03, 2015, 12:25:03 PM |
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Where are all the Ripple shills?  ripple gimpple effect: Gravitational radiation causes a strain on the fabric of space-time transverse to (i.e., extending across) the direction in which its waves are propagated. As they strike, say, the Earth, the waves will stretch the fabric in one direction, while along another, they compress it.
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klondike_bar
Legendary

Activity: 2184
Merit: 1005
ASIC Wannabe
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March 03, 2015, 12:36:53 PM |
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zoom out, looks like a normal pullback. Profit taking, new shorts, TA, whatever the reason, the thing to watch is how this dip is handled - with dip buying or more selling?
+1 its probably going to drop 5% today and find support around $255-260. after that it could push back upwards. later this week it may break $280, $300 will arrive quickly after
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Mervyn_Pumpkinhead
Legendary

Activity: 876
Merit: 1000
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March 03, 2015, 12:37:08 PM |
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Soon the price will start to fall slowly for a month or two, culminating in a deep drop to around 90$. Then the dumb and the greedy will celebrate their new trend reversal to 10 000$ coin. The big holders are moving out of this game slowly, by giving the dumb and the greedy just enough hope to soften their fall. Quick, take more loans and wire in more money, because coins can't get any cheaper then this! 
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aztecminer
Legendary

Activity: 1092
Merit: 1000
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March 03, 2015, 12:48:35 PM |
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Soon the price will start to fall slowly for a month or two, culminating in a deep drop to around 90$. Then the dumb and the greedy will celebrate their new trend reversal to 10 000$ coin. The big holders are moving out of this game slowly, by giving the dumb and the greedy just enough hope to soften their fall. Quick, take more loans and wire in more money, because coins can't get any cheaper then this!  and get your money into a bank asap right ??
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tarmi
Legendary

Activity: 1232
Merit: 1011
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March 03, 2015, 12:50:30 PM |
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shorts down to 17 k.
good job bulls! some noob just closed his position with huge losses, now we can go down.
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