Morecoin Freeman
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May 10, 2015, 03:30:21 PM |
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To be fair I think 230-220 is possible.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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ejinte
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May 10, 2015, 03:34:53 PM |
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I have my stop loss at $239 dollars but still it didn't get triggered even though bitcoinwisdom says we've touched $238.79.
How come?
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Norway
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May 10, 2015, 03:36:10 PM |
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Don't cry, fellow bulls. Just 8 days to Nasdaq Sweden start trading bitcoin-paper (backed by real BTC). This time, with unlimited volume on both bids and asks. (The GBTC has less than 150.000 bitcoins in matured shares.)
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minerpumpkin
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May 10, 2015, 03:39:56 PM |
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This is where we bounced off Maybe another bear attempt foiled!?...
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Norway
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May 10, 2015, 03:44:15 PM |
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This is where we bounced off Maybe another bear attempt foiled!?... Now, let's watch tiny volume bring it back up. The dumpers must feel stoopid
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Fatman3001
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Make Bitcoin glow with ENIAC
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May 10, 2015, 03:44:55 PM |
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At some point in the not so distant future these weekend shenanigans are going to be less important. The big money is going to flow almost exclusively during weekdays. I can't wait.
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ChartBuddy
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May 10, 2015, 03:57:56 PM |
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inca
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May 10, 2015, 03:59:53 PM |
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Pretty low volume selling. Smells like capping action rather than a serious attempt to push the price much lower.
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Walsoraj
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May 10, 2015, 04:17:28 PM |
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At some point in the not so distant future these weekend shenanigans are going to be less important. The big money is going to flow almost exclusively during weekdays. I can't wait.
#Cult
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ensjovis
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May 10, 2015, 04:20:11 PM |
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Don't cry, fellow bulls. Just 8 days to Nasdaq Sweden start trading bitcoin-paper (backed by real BTC). This time, with unlimited volume on both bids and asks. (The GBTC has less than 150.000 bitcoins in matured shares.) I don't think its backed by real BTC. When you buy oil shares, you don't back up your shares with buying more actual oil.
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inca
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May 10, 2015, 04:22:11 PM |
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Huobi, stamp and btc-e just blindly follow finex it seems. Few more nibbles on finex and we are back to 243-5.
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coinableS
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May 10, 2015, 04:29:07 PM |
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May 2015, the month that bitcoin went institutional with GBTC going live and Nasdaq Stockholm. Will we be able to look back in X amount of years and see it as a significant date in either adoption or price? I'm thinking maybe. As for short term right now not really any walls visible, but I think we are going to drop a little further for a day or two. Trend wise, I'm confident the 18 month bear trend is at a close.
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gentlemand
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Welt Am Draht
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May 10, 2015, 04:32:24 PM |
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May 2015, the month that bitcoin went institutional with GBTC going live and Nasdaq Stockholm. Will we be able to look back in X amount of years and see it as a significant date in either adoption or price? I'm thinking maybe.
Definitely a significant date for the stamp of legitimacy and usability. No idea about adoption or price in the near future. That's not super vital anyway. It's all building a stairway to a brighter future.
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bassclef
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May 10, 2015, 04:36:29 PM |
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Pretty low volume selling. Smells like capping action rather than a serious attempt to push the price much lower.
Seems like money making maneuvers by bored whales to run some stops and build up a few shorts before the rally resumes tomorrow.
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inca
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May 10, 2015, 04:37:10 PM |
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May 2015, the month that bitcoin went institutional with GBTC going live and Nasdaq Stockholm. Will we be able to look back in X amount of years and see it as a significant date in either adoption or price? I'm thinking maybe. As for short term right now not really any walls visible, but I think we are going to drop a little further for a day or two. Trend wise, I'm confident the 18 month bear trend is at a close. Until we breach the exp down trendline on heavy volume anything could happen. But bears have taken haircuts recently. Selling to buy back in lower is not a given now. And shorting is mighty risky all of a sudden. It is looking good. Imagine what happens if the NASDAQ etf starts hoovering supply off exchanges. We could get constrained supply very quickly indeed. Other investors see the price rising and suddenly there is a wave of investor capital trying to buy in. A previously closed pool of capital. I have posted before that a bubble could happen very quickly and far higher than most people on here expect. These things always look obvious in retrospect, but at the time with people like NLC mouthing off it can be difficult to see the bigger picture, when everyone is focusing on the price.
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micalith
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May 10, 2015, 04:39:06 PM |
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May 2015, the month that bitcoin went institutional with GBTC going live and Nasdaq Stockholm. Will we be able to look back in X amount of years and see it as a significant date in either adoption or price? I'm thinking maybe. As for short term right now not really any walls visible, but I think we are going to drop a little further for a day or two. Trend wise, I'm confident the 18 month bear trend is at a close. Until we breach the exp down trendline on heavy volume anything could happen. But bears have taken haircuts recently. Selling to buy back in lower is not a given now. And shorting is mighty risky all of a sudden. It is looking good. Imagine what happens if the NASDAQ etf starts hoovering supply off exchanges. We could get constrained supply very quickly indeed. Other investors see the price rising and suddenly there is a wave of investor capital trying to buy in. A previously closed pool of capital. I have posted before that a bubble could happen very quickly and far higher than most people on here expect. These things always look obvious in retrospect, but at the time with people like NLC mouthing off it can be difficult to see the bigger picture, when everyone is focusing on the price. yup, I imagine it being touted as the first 'legitimate bubble'
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ChartBuddy
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May 10, 2015, 04:57:52 PM |
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ChartBuddy
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May 10, 2015, 05:58:28 PM |
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JorgeStolfi
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May 10, 2015, 06:01:52 PM |
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"If it hasn't been tested, consider it broken..." Even if it has been tested... Those 15-bit numbers that overflowed in the Ariane V accident were to be fed to the digital-to-analog converters that steered the the engine nozzle, to keep the rocket upright during the ascent. That software had been more than tested, it had been used successfully in many Ariane IV flights. But the engineers forgot that the Ariane V was a much bigger rocket, so the forces involved would be bigger, so the numbers would be bigger...
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