tarmi
Legendary
 Offline
Activity: 1218
Merit: 1010
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July 02, 2015, 12:14:45 PM |
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double digits are not doom for anyone but bulltards.
bitcoin will be just fine.
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qwk
Donator
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Activity: 3542
Merit: 3411
Shitcoin Minimalist
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July 02, 2015, 12:25:29 PM |
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The Japanese court ordering the Bitcoins to be sold on exchanges could be considered a black swan event. It would be unexpected, but not impossible.
Not impossible, just an extremely unlikely, very low probability event. Tarmi and the bears here might actually get their 2.5 year 'double digit' itch scratched in such a scenario. The possibility of the MtGox coins being unloaded on the markets is already priced in. Be it by court order or by customers immediately cashing out their little share. It won't have a sizable effect on the price anymore, sorry bears. |
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inca
Legendary
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Activity: 1176
Merit: 1000
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July 02, 2015, 12:26:46 PM |
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double digits are not doom for anyone but bulltards.
bitcoin will be just fine.
Bitcoin is just fine. The market hasn't priced bitcoin in double digits for two years. Of course you are right and the market is pricing bitcoin incorrectly! |
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simmo77
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July 02, 2015, 12:27:24 PM |
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double digits are not doom for anyone but bulltards.
bitcoin will be just fine.
I'm pretty sure you would also be pretty pissed if prices went down to double digits |
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macsga
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Activity: 1484
Merit: 1002
Strange, yet attractive.
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July 02, 2015, 12:43:00 PM |
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According to this article: http://www.lifo.gr/now/digital-life/69865 it seems like the CEO of Bitstamp reported about 79% rise from Greek customers. Talking with a friend today, the main concern is the issuing of IOUs and people try to convert to "assets" instead. There are companies that are willingful to take your euros out of Greece (and put them in an exchange account for you) in order to purchase BTCs from known exchanges. Never expected it so soon, but Bitcoin seems to gain some *REAL* traction here in Greece. |
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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July 02, 2015, 12:47:43 PM |
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double digits are not doom for anyone but bulltards.
bitcoin will be just fine.
I'm pretty sure you would also be pretty pissed if prices went down to double digits no. why would I? |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2015, 12:56:58 PM |
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aztecminer
Legendary
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Activity: 1092
Merit: 1000
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July 02, 2015, 01:02:12 PM |
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double digits are not doom for anyone but bulltards.
bitcoin will be just fine.
I'm pretty sure you would also be pretty pissed if prices went down to double digits i think i could summon up some more fiat to buy shit tons moar if that happens, which is exactly why it won't! |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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July 02, 2015, 01:03:36 PM |
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Someone shaking the tree.
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8up
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July 02, 2015, 01:07:56 PM |
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inca
Legendary
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Activity: 1176
Merit: 1000
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July 02, 2015, 01:11:47 PM |
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I have to say whoever maintains those steep ask side walls is doing a sterling job of attempting to keep the price from rising  |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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July 02, 2015, 01:22:30 PM |
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double digits are not doom for anyone but bulltards.
bitcoin will be just fine.
I'm pretty sure you would also be pretty pissed if prices went down to double digits |
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LFC_Bitcoin
Legendary
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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July 02, 2015, 01:24:41 PM |
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According to this article: http://www.lifo.gr/now/digital-life/69865 it seems like the CEO of Bitstamp reported about 79% rise from Greek customers. Talking with a friend today, the main concern is the issuing of IOUs and people try to convert to "assets" instead. There are companies that are willingful to take your euros out of Greece (and put them in an exchange account for you) in order to purchase BTCs from known exchanges. Never expected it so soon, but Bitcoin seems to gain some *REAL* traction here in Greece. I'm very interested in these developments macsga if you could try & keep us updated with the BTC situation in Greece in this thread. Let's hope this new found interest in Greece is reflected positively in the price soon. I have to say whoever maintains those steep ask side walls is doing a sterling job of attempting to keep the price from rising Their attempts are futile in the long term mate, you can only build a dam to a certain strength before it bursts from all of the rising pressure  |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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July 02, 2015, 01:28:10 PM |
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I have to say whoever maintains those steep ask side walls is doing a sterling job of attempting to keep the price from rising Those bid walls aren't too shabby either. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2015, 01:57:10 PM |
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BitofaN1
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July 02, 2015, 01:57:57 PM |
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Someone shaking the tree.
BearWhaleTard is not scaring anyone. Hope he enjoys buying his coins back at 265. |
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dreamspark
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July 02, 2015, 02:19:49 PM |
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A break downwards here could get ugly.
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Specular
Full Member
Offline
Activity: 180
Merit: 102
dApps Development Automation Platform
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July 02, 2015, 02:22:58 PM |
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A break downwards here could get ugly.
+1 Most of the violence is happening on OKcoin... 1550-1560 is a big level for the bulls to defend. I also get the feeling that OKcoin gets messed with as it approaches Thursdays Futures expiration. Perhaps some whales use the spot market to manipulate Futures prices as they approach settlement.. |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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July 02, 2015, 02:25:17 PM |
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A break downwards here could get ugly.
 Not to worry. Ugly is on our side. |
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cyclotronmajesty
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July 02, 2015, 02:34:59 PM |
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I'm kinda mystified about how an exchange works.
Am I always buy/selling to a peer?
Or does the exchange sell and buy directly to users also?
Does an exchange adjust its prices in consensus with other exchanges?
Or is it all independent marketing?
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