StarenseN
Legendary
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Activity: 2478
Merit: 1362
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April 17, 2013, 11:15:59 AM |
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Watching closely.
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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GreekGeek
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April 17, 2013, 11:56:05 AM |
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Best dead cat bounce ever.  I am a bull but if we don't touch 100 $ until friday I still consider this a dead cat bounce |
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hobbes
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April 17, 2013, 12:21:53 PM |
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So today was supposed to be the day Gox switched the system and would only allow bids if the wallets were funded. Do we have any confirmation that this change has happened? How will we know?
I think unfunded orders are not visible in the order book / depth charts... We could simply give it a try, though. |
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zvs
Legendary
Offline
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
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April 17, 2013, 12:28:04 PM |
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Just remember : it doesn't matter how many manipulators out there try to crash this, it only fails if we collectively decide to give up on it. If we keep our faith in it and enough of the currency ends up in stable hands, it means less available for people trying to end it.
What, you think it was worth $250?
w/o the ability to short, there is a key moderating factor for these BS spikes missing
I'm new to this and can't even off the top of my head work out what your post means. (thanks if you can explain a bit though.) I'm just certain that there's groups out there trying to cause problems, and I don't think the currency should naturally be this volatile. Eh, patching this together from old thread. It means that if there was a reputable exchange (MtGox, Bitfloor, Bitstamp come to mind) that offered the ability to short Bitcoins then there would be a lot more sell pressure on these huge spike ups. Shorting would essentially be you borrowing bitcoins from the exchange in hopes that they would drop in price. So then if everything went well, you'd 'cover' your position (buy back the borrowed bitcoins) at a much lower price. If they dropped from $100 to $50, you'd make $50 (minus commission fees) for each bitcoin you borrowed. If you had $1000 in your account and shorted 200 bitcoins at $100 and they went up to $105 (these numbers for simplicity's sake), then the exchange would forcibly cover your position, so that you'd be damn near $0 and they wouldn't lose any money on the deal... that is, if it was working properly and not lagged 10 minutes behind... in such a case, all sorts of shenanigans could ensue w/ how volatile the bitcoin price is. (well, there's also the short squeeze. i guess on some bizarre spike to $250 that takes place over such a short period, it might cause it to go even higher) |
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ineededausername
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April 17, 2013, 12:51:40 PM |
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Good game, bears. 144k BTC to $50 now, more than ever. You should just move your asks up to $200 now and spare us the trouble because that's where we're going.
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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April 17, 2013, 12:56:55 PM |
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Good game, bears. 144k BTC to $50 now, more than ever. You should just move your asks up to $200 now and spare us the trouble because that's where we're going.
I am giddy for this to happen. Still need to watch this like an eagle.  |
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Rockford
Member
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Activity: 87
Merit: 10
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April 17, 2013, 01:05:26 PM |
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DougTanner
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April 17, 2013, 01:09:43 PM
Last edit: April 17, 2013, 01:24:02 PM by DougTanner |
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Morning wall pic. (I almost couldn't find the "reply" button because it wasn't all squished over onto the side like in the last thread   Wall at $90 is being devoured.  And down! Surely there will be a correction soon, but I could see $100 being hit today easily.  |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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April 17, 2013, 01:23:52 PM |
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Anyone getting tempted to sell? |
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loanexpress
Newbie
Offline
Activity: 56
Merit: 0
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April 17, 2013, 01:23:58 PM |
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Ate through the $90 wall in no time!!! And 91 and 92 in seconds. Hold on to yer hats!
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StarenseN
Legendary
Offline
Activity: 2478
Merit: 1362
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April 17, 2013, 01:24:12 PM |
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 wow that flat line price. Bears didn't even tried |
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phatsphere
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April 17, 2013, 01:27:13 PM |
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wow that flat line price. Bears didn't even tried well, not true. look at the small dark red triangles and the trapezoid. |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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April 17, 2013, 01:27:25 PM |
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Sell, finger, so, tempted, must holdddd....
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DougTanner
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April 17, 2013, 01:28:40 PM |
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Anyone getting tempted to sell? Hell no, for once Virtex was behind Gox and I picked up a few more. |
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oakpacific
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April 17, 2013, 01:28:53 PM |
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wow that flat line price. Bears didn't even tried The question is can they still try? the 2M BTCs sold is not like the typical amount you would tip a waiter.  |
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DougTanner
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April 17, 2013, 01:30:39 PM |
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Here comes the correction. (crazy_rabbit was that you?)  |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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April 17, 2013, 01:30:42 PM |
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must....not......sell.....
They beat me to it. Damn. Next time Bulls, next time.
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jatajuta
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April 17, 2013, 01:30:51 PM |
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Lag, fucking lag, when will some FOREX company enter making a really professional exchange and not this monkey circus that is mtgox?
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loanexpress
Newbie
Offline
Activity: 56
Merit: 0
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April 17, 2013, 01:31:26 PM |
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And the lag sell-off starts! Where have I seen this movie before?  |
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