JimboToronto
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Activity: 4494
Merit: 5813
You're never too old to think young.
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June 03, 2016, 05:27:25 PM |
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This is nothing compared to the prices we'll see in a few years. Buy now last week or cry later.
ftfy  |
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savetherainforest
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June 03, 2016, 05:38:51 PM |
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Its a trap! ... making necklace from bear fangs tonight!
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Assmaster2000
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Activity: 84
Merit: 10
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June 03, 2016, 05:45:44 PM |
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Not like you haven't been warned  PM me to place your Kleenex orders & beat the maddening crowds. Coz from here on in, it ain't gonna be pretty, gentlemen Seriously friends, even if you're too embarrassed to buy Kleenex from me, don't use your sleeves. |
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AmazonStuff
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June 03, 2016, 06:01:59 PM |
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West should make their mind, they should make another push and not depend on China, right not OKCoin is forming a double-top and if we let China decide we will go down.
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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June 03, 2016, 06:05:55 PM |
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West should make their mind, they should make another push and not depend on China, right not OKCoin is forming a double-top and if we let China decide we will go down.
we can't simply not fallow china and leave a huge spread between USD/BTC and CNY/BTC. furthermore, i dont expect a double top, there was a bump in the road that is all, we WILL close above 580 today.
buy Buy BUY!!!
or die.
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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June 03, 2016, 06:07:58 PM |
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mass trading is all done in exchanges. makes very little difference to the size of blocks i'm imagining.
Yes, this was exactly my point many months ago. The fullblockapocalypse won't happen because many off the chain solutions exist to buffer excess capacity and new users use these offchain solutions primarily (coinbase/circle/bitpay/changetip/ect..) and speculators primarily use off the chain exchange txs . In other words the fee market will never be in the danger of blowing up uncontrollably like those fear mongering the fullblockapocalypse because the fee market always has to compete with free txs. Decentralization in the eyes of a deranged mind: "coinbase/circle/bitpay/changetip/ect.." Some anarchist.... |
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JayJuanGee
Legendary
 Online
Activity: 4200
Merit: 12842
Self-Custody is a right. Say no to "non-custodial"
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June 03, 2016, 06:15:19 PM |
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I hope that one day bears will understand if Bitcoin is $1000+ ... they will have 10$ swings every 5 minutes... just let the F'ing price flow to Heaven and then do u'r pointless 10$ trades ....
You are not really saying anything. First of all, your premise is not really correct. Bitcoin is not going to trade for very long at $1000, it's going to shoot passed that point... and hypothetically if it were to trade at that price (as a stable price, the price swings may be $10 or $20 in a day on a more volatile day, but not $10 in 5 minutes. $10 price swings at $1,000 is the same as $5 swings at $5.. it's a 1% change in value... TLDR: so what.   |
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adamstgBit
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June 03, 2016, 06:22:08 PM |
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if we all go all in now, we can HODL indefinitely and be rich as fuck.
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JayJuanGee
Legendary
Online
Activity: 4200
Merit: 12842
Self-Custody is a right. Say no to "non-custodial"
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June 03, 2016, 06:22:16 PM |
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i think we will close above 580.
We need that wyllie coyote meme, remember to be falling up through $280, then $380, then $480 and now $580... hahahahahaha What a good week in bitcoinlandia...!!! And, actually, despite a few attempts at reversing our price direction, the past few months have been pretty decent.. ever since coming up from about $403 in late March-ish. |
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Assmaster2000
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June 03, 2016, 06:22:55 PM |
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You are not really saying anything.
lol. |
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zimmah
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Activity: 1106
Merit: 1005
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June 03, 2016, 06:23:03 PM |
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Assmaster2000
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Activity: 84
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June 03, 2016, 06:25:29 PM |
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^What is a lagging indicator?
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zimmah
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Activity: 1106
Merit: 1005
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June 03, 2016, 06:29:16 PM |
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^What is a lagging indicator?
lagging indicator or not, every time the google trend chart peaked like this, the price also went to an ATH. thus it's reasonable to assume we will see a new ATH. |
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adamstgBit
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June 03, 2016, 06:35:16 PM |
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^What is a lagging indicator?
lagging indicator or not, every time the google trend chart peaked like this, the price also went to an ATH. thus it's reasonable to assume we will see a new ATH. we see interest peek Before we see price move higher, which makes perfect sence, everyone first learns about bitcoin seaches up on it and THEN buys... so that google chart is said to be a lagging indicator. |
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adamstgBit
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Activity: 1904
Merit: 1038
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June 03, 2016, 06:38:01 PM |
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i think we will close above 580.
We need that wyllie coyote meme, remember to be falling up through $280, then $380, then $480 and now $580... hahahahahaha What a good week in bitcoinlandia...!!! And, actually, despite a few attempts at reversing our price direction, the past few months have been pretty decent.. ever since coming up from about $403 in late March-ish. ahahah, fucking bears trolled us for 2 years! its time we troll'm back |
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Assmaster2000
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Activity: 84
Merit: 10
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June 03, 2016, 06:38:12 PM |
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^What is a lagging indicator?
lagging indicator or not, every time the google trend chart peaked like this, the price also went to an ATH. thus it's reasonable to assume we will see a new ATH. 1. Flying saucer lands in Central Park. 2. Google Trends "flying saucer" through the roof. 3. ? ? ? 4. If you want to know next time Martians are coming to Central Park, watch Google Trends. @adam, "bears" are not the opposite of hodlers, they don't "short no matter what." They need these pumps as much as anyone, without bull euphoria, nothing to short  |
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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June 03, 2016, 06:42:58 PM |
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^What is a lagging indicator?
lagging indicator or not, every time the google trend chart peaked like this, the price also went to an ATH. thus it's reasonable to assume we will see a new ATH. 1. Flying saucer lands in Central Park. 2. Google Trends "flying saucer" through the roof. 3. ? ? ? 4. If you want to know next time Martians are coming to Central Park, watch Google Trends. If you're seriously hungover it might sort of work. |
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JayJuanGee
Legendary
Online
Activity: 4200
Merit: 12842
Self-Custody is a right. Say no to "non-custodial"
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June 03, 2016, 06:43:59 PM |
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West should make their mind, they should make another push and not depend on China, right not OKCoin is forming a double-top and if we let China decide we will go down.
we can't simply not fallow china and leave a huge spread between USD/BTC and CNY/BTC. furthermore, i dont expect a double top, there was a bump in the road that is all, we WILL close above 580 today.
buy Buy BUY!!!
or die.
Probably, it would be safer for the various investors in the exchanges to attempt to stay synchronized in their pump and dump, but yeah, there is always a bit of a lacking of coordination because there is an incentive to be the first to dump if the price reverses... or to be the first to pump and then sit back. Isn't that a kind of prisoners dilemma with non-coordinated and self-interested actors? |
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JayJuanGee
Legendary
Online
Activity: 4200
Merit: 12842
Self-Custody is a right. Say no to "non-custodial"
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June 03, 2016, 06:51:19 PM |
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At the moment, the sell wall is looking pretty flat on Stamp until we get to $600, and then there are about 200 coins at $600 and then again flat.
I understand that the order book is not a complete indicator, but maybe, just maybe, this time, we are kind of running out of sellers at this price point, who may possibly attempt to jump back in the mid-$600s or some other higher price point, if it appears that the price is just continuing upwards...?
I cannot really imagine going passed $800 without some kind of significant price correction, but never say never in bitcoinlandia.. when it frequently overshoots expectations.
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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June 03, 2016, 07:15:49 PM |
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^What is a lagging indicator?
lagging indicator or not, every time the google trend chart peaked like this, the price also went to an ATH. thus it's reasonable to assume we will see a new ATH. we see interest peek Before we see price move higher, which makes perfect sence, everyone first learns about bitcoin seaches up on it and THEN buys... so that google chart is said to be a lagging indicator. that would be a leading indicator than I'm fairly sure it's both lagging and leading. It's self-reinforcing. |
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