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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 05, 2015, 08:57:58 AM |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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May 05, 2015, 09:27:29 AM |
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End of dump. Happy trading. you wish
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ghandi
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May 05, 2015, 09:29:22 AM |
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This is the end! Get off, while you can! // 984BTC @ 232.6 sold on Bitstamp, kawooosh
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inca
Legendary
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Activity: 1176
Merit: 1000
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May 05, 2015, 09:40:53 AM |
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The price is down ten bucks. Where are the rest of the doomers?
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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May 05, 2015, 09:48:35 AM |
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single BTC 1,5k+ order annihilating bullish pump of the last week, and confirming huge resistance beyond $240. you guise where just owned over again by that whale pumping your sorry hopes before cashing out the hard way on you. wash rinse repeat? or could we get dirty now ^^
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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May 05, 2015, 09:50:31 AM |
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well, this sucks.....
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 05, 2015, 09:58:03 AM |
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Morecoin Freeman
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May 05, 2015, 10:05:46 AM |
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single BTC 1,5k+ order annihilating bullish pump of the last week, and confirming huge resistance beyond $240.
you guise where just owned over again by that whale pumping your sorry hopes before cashing out the hard way on you.
This is not true. Simple correction. Price won't go up forever. A lot of people on here probably also made some money on this. I did. However, the bottom was in at around ~215 a couple of weeks ago. Bigger picture is still trending up. Buying opportunity for everyone who sold between 238-244 is now again at 230-236.
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inca
Legendary
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Activity: 1176
Merit: 1000
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May 05, 2015, 10:08:11 AM Last edit: May 05, 2015, 10:18:58 AM by inca |
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I found it more interesting how people are willing to pay much more for btc/shares or anything else on one regulated market rather on those shady exchanges most of us are using... We all know those exchanges probably won't survive in next years, because regulated and trusted exchanges will surpass them. So question here is, who will go down first? My guess is Bitfinex. They probably already working on fractional reserves, not to mention they are under big manipulation.
It is just heavily short whales dumping the price lower to prevent buying in response to GBTC trading at a hefty premium to the exchange price. If a 5000 coin transaction goes through then things could get interesting really quick. The price could be forced lower by selling down the orderbook further but we all know that is just someone manipulating the price lower to induce panic - it isn't natural selling. There are still 27000 shorts hanging over the market like a sword of Damocles. Shedding 5000 brought us up from 213 to 243. Already they are starting to creep back up. I am buying here. I see value in the low 2xx's. After the high volume reversal bears have failed to break resistance between 200 and 220 on 5 successive attempts. Bullish announcements abound. Capital investment roars ahead. It is just a matter of time before the price fights higher. I wouldn't be surprised if we retake 240 today. Edit: a further 500 shorts just opened. Now up to 27500.
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Ezmoneyezlife
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May 05, 2015, 10:09:03 AM |
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single BTC 1,5k+ order annihilating bullish pump of the last week, and confirming huge resistance beyond $240. you guise where just owned over again by that whale pumping your sorry hopes before cashing out the hard way on you. wash rinse repeat? or could we get dirty now ^^ steers prefer to discuss ridiculous scam shit called gbtc dreaming about 1750$ while btc is going to sub 200$. no wonder that they followed another chinese fake pump, they are to silly to behold the truth behind chinese digits.
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 05, 2015, 10:38:08 AM |
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I found it more interesting how people are willing to pay much more for btc/shares or anything else on one regulated market rather on those shady exchanges most of us are using... We all know those exchanges probably won't survive in next years, because regulated and trusted exchanges will surpass them. So question here is, who will go down first? My guess is Bitfinex. They probably already working on fractional reserves, not to mention they are under big manipulation.
People will look back in the future and shake their heads at the insanity of sending large amounts of money to anonymous strangers in foreign lands. It still amazes me that people do it. Once the option of not getting potentially raped is there they'll all be dust.
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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May 05, 2015, 10:42:32 AM |
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Is that from the welsh edition?
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Stevenirving
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May 05, 2015, 10:42:52 AM |
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Wacky question from someone who has been trading for 4 years now. If I am just buying and selling at exchanges and this is how I am making my full income do I need some sort of license? I was out drinking last night and a couple people told me I need a money transmitter license. For some reason I thought this was only for selling coin to people. Anyone know? Im in the United States BTW
Thanks
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lay785
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May 05, 2015, 10:44:29 AM |
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I found it more interesting how people are willing to pay much more for btc/shares or anything else on one regulated market rather on those shady exchanges most of us are using... We all know those exchanges probably won't survive in next years, because regulated and trusted exchanges will surpass them. So question here is, who will go down first? My guess is Bitfinex. They probably already working on fractional reserves, not to mention they are under big manipulation.
People will look back in the future and shake their heads at the insanity of sending large amounts of money to anonymous strangers in foreign lands. It still amazes me that people do it. Once the option of not getting potentially raped is there they'll all be dust. I disagree. eg. BTC-E has never been competing with regulated exchanges and Bitfinex and Bitstamp are somewhere between BTC-E and fully regulated exchanges. Each exchange type will find their Niche in the market.
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Morecoin Freeman
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May 05, 2015, 10:48:51 AM |
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Wacky question from someone who has been trading for 4 years now. If I am just buying and selling at exchanges and this is how I am making my full income do I need some sort of license? I was out drinking last night and a couple people told me I need a money transmitter license. For some reason I thought this was only for selling coin to people. Anyone know? Im in the United States BTW
Thanks
You don't need a license. Just be sure to inform about tax rules. I'm doing this too since 2013, and from 2015 on this is my only profession. Here in the Netherlands the tax climate is quite good for having an income from investing/saving (I pay close to no tax). Not sure about your state.
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ChartBuddy
Legendary
Online
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 05, 2015, 10:57:57 AM |
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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May 05, 2015, 11:03:06 AM |
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This is just in: Huobi Will Now Take Your Bitcoins as Stock Trading Collateral. -- Huobi's new platform lets investors buy real shares on the Shanghai Stock Exchange, while still keeping their bitcoin holdings as collateral. --(Published @ May 05, 2015 at 06:07AM by www.bitcoins.amhttp://bit.ly/1zvWCSm
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