adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 03, 2016, 09:59:50 PM |
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pathic resistance.
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glendall
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Activity: 2100
Merit: 1018
Sugars.zone | DatingFi - Earn for Posting
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June 03, 2016, 10:00:30 PM |
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Just bought back in myself. Just looking at how little BTC is even on the books to sell at the moment, on my current exchange, okcoin, and I'm feeling pretty bullish. Yeah buying at a 2 year ATH sounds really dumb, but this is bitcoin we are talking about, logic doesn't apply!  |
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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June 03, 2016, 10:06:17 PM |
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it looks like they are just hanging in there ... they let these bull runs happen at the weekends to relieve some pressure when new fiat cannot get into the exchanges to send it rocketing, then save up their dumpage for a monday-tuesday dumpathon ... but it's all looking quite desperate, at some point they will run out of idiots to borrow coins from and then the market can find the monetary premium instead of bouncing along on the cost-of-production floor (which is ever-increasing and soon to be doubling anyway)
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Chalkbot
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Activity: 896
Merit: 1001
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June 03, 2016, 10:45:40 PM |
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Would in help if I bought @ 537, and hafta wait until end of day 6/7 to recieve it? [fucking Coinbase! But they always honor strike price...]
Was sposed to be a poker reload, but my poker bankroll made a comeback!
They don't always honor strike price. I know from experience that if the price moves against them, they will charge you for it or cancel your order. |
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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June 03, 2016, 10:54:57 PM |
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it looks like they are just hanging in there ... they let these bull runs happen at the weekends to relieve some pressure when new fiat cannot get into the exchanges to send it rocketing, then save up their dumpage for a monday-tuesday dumpathon ... but it's all looking quite desperate, at some point they will run out of idiots to borrow coins from and then the market can find the monetary premium instead of bouncing along on the cost-of-production floor (which is ever-increasing and soon to be doubling anyway)
I don't think its leveraged coins being dumped, But I do think when the tide turns it's fiat from these dumps (and a touch of FoMO) that are going to push bitcoin higher than it's ever gone before. Gmax panic attack yesterday gave some new hope to Core increasing the on chain block limit. edit: there is also a lot of dark pool trading happening in bitcoin that's a big lot of coin that isn't hitting exchanges, I'd guess it's largely responsible for the long period of price stability. I'm also guessing those off exchange block trades are drying up now as some early adopters are running low on coin. |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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June 03, 2016, 10:58:13 PM |
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at some point they will run out of idiots to borrow coins from and then the market can find the monetary premium instead of bouncing along on the cost-of-production floor (which is ever-increasing and soon to be doubling anyway)
in fact I find strange the many thousands of coins lent out on BFX at a rate always <0.00X%. Don't these lenders think if they are sabotaging themselves lending at so low rates to shorters against their coins value? I stopped lending when rates on Polo went below 0.04%/day. |
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Ted E. Bare
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June 03, 2016, 11:06:26 PM |
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Bitcoin Block Reward Halving Countdown:
Only 37 more days!
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ImI
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Activity: 1946
Merit: 1019
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June 03, 2016, 11:08:37 PM |
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Gmax panic attack yesterday gave some new hope to Core increasing the on chain block limit.
huh, did i miss something? |
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Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 03, 2016, 11:13:32 PM |
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Gmax panic attack yesterday gave some new hope to Core increasing the on chain block limit.
huh, did i miss something? Seems to be same here. |
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yefi
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Activity: 2842
Merit: 1511
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June 03, 2016, 11:26:36 PM |
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in fact I find strange the many thousands of coins lent out on BFX at a rate always <0.00X%.
Don't these lenders think if they are sabotaging themselves lending at so low rates to shorters against their coins value?
I stopped lending when rates on Polo went below 0.04%/day.
I've never known why folk would risk their coins on an exchange for a such a paltry return. Making 2% a year means you trust an exchange not to lose your funds for 35 years. |
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angaper
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June 03, 2016, 11:38:08 PM |
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It's imminent the next arrival to $600. The poll shows that most bitcoiners expect an increase to $1000 at the end of this month, and perhaps it's a good time to become optimistic despite my usual skepticism.  |
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European Central Bank
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Activity: 1288
Merit: 1087
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June 03, 2016, 11:42:42 PM |
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I thought the polls here had a history of being insanely inaccurate? Still, I guess it's gonna come at some point kinda soon.
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Fakhoury
Legendary
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 04, 2016, 12:07:13 AM |
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AZwarel
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June 04, 2016, 12:09:59 AM |
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I have watched the video here https://lightning.network/ and read (partially) the white paper, and if these guys make it work, it will be HUGE! Basically, solving scaling once and forever, and usage for average users. Very bullish ideas for bitcoin as the network and currency in that presentation, and the best part, is that it is still using bitcoin as the core token, so not an altcoin implementation! Very promising, i encourage you guys to watch that ~52 mins, it made me so excited and bullish - and buying a few more coins :-) |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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June 04, 2016, 12:14:39 AM |
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I thought the polls here had a history of being insanely inaccurate? Still, I guess it's gonna come at some point kinda soon.
they are often not properly posed: <100 is also <500 and <1000. Intervals should be like: 500-600, 600-700, with extremes open like <100 and >1000. |
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DaRude
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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June 04, 2016, 12:25:06 AM |
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I thought the polls here had a history of being insanely inaccurate? Still, I guess it's gonna come at some point kinda soon.
they are often not properly posed: <100 is also <500 and <1000. Intervals should be like: 500-600, 600-700, with extremes open like <100 and >1000. Shhhh as long as we're under $1000 i'm always right |
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JayJuanGee
Legendary
 Online
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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June 04, 2016, 01:04:30 AM |
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Just bought back in myself. Just looking at how little BTC is even on the books to sell at the moment, on my current exchange, okcoin, and I'm feeling pretty bullish. Yeah buying at a 2 year ATH sounds really dumb, but this is bitcoin we are talking about, logic doesn't apply! It is not necessarily wise to go in all at once, but there is a lot of bullish momentum and upward price pressure at the moment, and it surely could be the case that within a week or so you will be more than 10% in the green. |
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2015Bubble
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June 04, 2016, 02:37:00 AM |
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pump within 5 minutes
3777 huobi right now.
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RGR991
Member
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Activity: 99
Merit: 10
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June 04, 2016, 02:57:56 AM |
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Not a short yet, soon to be in the low 600's though  4hr candle on Huobi looks like trouble for the bulls though. |
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Poll
