Richy_T
Legendary
 Online
Activity: 2604
Merit: 2298
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 01, 2013, 09:39:07 PM |
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I think I preferred it when we were all funny pictures. This board is a meaner place since the bubble burst.
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SlipperySlope
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May 01, 2013, 09:40:49 PM |
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Is that a real ask wall at 121? Could put a cap on the move upwards if bid volume drops down.  |
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Richy_T
Legendary
Online
Activity: 2604
Merit: 2298
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 01, 2013, 09:43:10 PM |
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Is that a real ask wall at 121? Could put a cap on the move upwards if bid volume drops down. My bet is it's as fake as fake can be. |
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solex
Legendary
 Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
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May 01, 2013, 09:58:13 PM |
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stop talking about 87 or 95, support is here now, don't miss your chance  It needs to test $100, and by testing I mean, cross it. Short term I would put a limit buy order in $96-$99 range, that is the safest. I am thinking that the $104.66 low was close enough to $96-99 for the market to be satisfied that it has retraced the bullish move. So sub-100 not on the cards anymore... |
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Frozenlock
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May 01, 2013, 10:01:39 PM |
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So sub-100 not on the cards anymore...
Inb4... |
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thoughtfan
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May 01, 2013, 10:08:15 PM |
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What is the rationale for this "crash"?
It started with 1 semi big dump yesterday and just as i expected this manipulating and playing around will eventually go wrong. People get tired of it and refuse to buy anymore. It might kill the coin. No, it can't kill the coin though it might just kill the incentive for those wanting to jump on board purely as a get-rich-quick scheme. If it forces people to think a bit harder prior to jumping in then all the better because those who do buy will be more likely to be buying sensibly and with more realistic expectations, a considered accepted risk of loss and most likely a better idea of what they like about bitcoin and why they'd like it to succeed. It's all very well those jumping on board fearful of missing the boat when we were on that massive rally and wanting nothing but to see the value of their investment going through the roof. Everyone should feel free to buy for whatever reason they want - but they shouldn't come crying to me when it all goes Pete Tong! |
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phoenix1
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May 01, 2013, 10:11:53 PM |
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It's all very well those jumping on board fearful of missing the boat when we were on that massive rally and wanting nothing but to see the value of their investment going through the roof. Everyone should feel free to buy for whatever reason they want - but they shouldn't come crying to me when it all goes Pete Tong!
Aye, ain't no tissues around here  |
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Brushan
Member
Offline
Activity: 224
Merit: 10
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May 01, 2013, 10:18:34 PM |
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Let's face it, the biggest problem with Bitcoin is that some people have too much and can change market sentiment with the click of a button.
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World
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May 01, 2013, 10:18:52 PM |
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Could someone please tell me what is going on, I just came home. What caused this price drop and where the price is heading?
SR has been down and is coming up intermittently. SR users try to get their Bitcoins out ASAP and dump them at market because they can't get their drugs and have no other use for BTC. DDoS SR 1:1 DDoS MtGox |
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phoenix1
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May 01, 2013, 10:21:10 PM |
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Let's face it, the biggest problem with Bitcoin is that some people have too much and can change market sentiment with the click of a button.
Yup. Does not sound very different from the tyranny that the 'libertarians' are trying to free us from ... Only the master changes ... |
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Luis_GT
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May 01, 2013, 10:25:33 PM |
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I should have left my order at 109 alone... could have gotten more coins than I did...
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bixcoin
Full Member
Offline
Activity: 168
Merit: 100
Bixcoin Superdouche
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May 01, 2013, 10:30:20 PM |
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Sold at $114.75, any chance of me getting back in at $111-$112?
coming soon. Still got the balls? |
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DougTanner
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May 01, 2013, 10:38:03 PM |
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Back down a bit.  |
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Luis_GT
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May 01, 2013, 10:38:31 PM |
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This thing is still on a downward trend
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johnblaze
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May 01, 2013, 10:52:22 PM |
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this thread is a circus. and you, lizardman -- you're the ringleader. thanks for the overconfidence and letting me know that you were 'all-in', it was a very reliable contrarian indicator, and it paid my whole months rent as i slept peacefully.
Since when did you have a handle on the market? Yesterday morning you were full bull and saw the upward trend continuing. So you didn't see this coming yesterday, in fact predicted the opposite, and now you're lecturing people on charts and fundamentals? Technical Analysis people have no clue wtf they are talking about, dont put any credit into that guy |
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BitcoinAshley
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May 01, 2013, 10:53:42 PM |
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Currently $120.50 on CampBX. Inb4... Rpietila says "I don't think we're going to see $115 ever again..." AGAIN.  Of course followed by "I am so sure of this, I will even write a BTC72 bajillion put... any takers? |
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Luis_GT
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May 01, 2013, 10:56:27 PM |
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Butterfly labs officially announced shipping... prepare for the bullrun!!
or not...
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arepo
Sr. Member
Offline
Activity: 448
Merit: 250
this statement is false
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May 01, 2013, 10:58:06 PM |
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this thread is a circus. and you, lizardman -- you're the ringleader. thanks for the overconfidence and letting me know that you were 'all-in', it was a very reliable contrarian indicator, and it paid my whole months rent as i slept peacefully.
Since when did you have a handle on the market? Yesterday morning you were full bull and saw the upward trend continuing. So you didn't see this coming yesterday, in fact predicted the opposite, and now you're lecturing people on charts and fundamentals? Technical Analysis people have no clue wtf they are talking about, dont put any credit into that guy this is stated quite a bit on the forums, and i always found it especially ironic because it seems to be the case that it really is the speaker's own ignorance that is being projected... very similar to what happened in the other thread with zanglebert. nothing against him, but you really need to inform yourself about a topic before passing judgment, or else you're no better than the people on something awful who circlejerk about how idiotic bitcoin is without ever fully understanding it. Since when did you have a handle on the market? Yesterday morning you were full bull and saw the upward trend continuing. So you didn't see this coming yesterday, in fact predicted the opposite, and now you're lecturing people on charts and fundamentals? Within 24 hours you were horrifically wrong. You probably need a timeout. But you did have 2 good charts showing the upward trend. Maybe you can photoshop those, since they're sorta upside down based on what actually happened.
yes, thank you for re-posting my work (from two days ago). i, unlike lizardman, fully accept that i am not 100% sure of price movements, and don't offer hundred-thousand-dollar put options. if you'd read on, i discussed that model and a few reasons why it may have failed so spectacularly. yesterday, after the triangle broke down, i immediately warned of a retest of $120. last night, i opened a short. tl;dr -- you're quote-mining, and it doesn't matter if i was wrong two days ago if i can still profit today  |
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SlipperySlope
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May 01, 2013, 11:05:02 PM |
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 There is now a mighty mass of bitcoins purchased since April 1 above current levels and yet unsold. Back in August 2011, the first and greatest capitulation of that bubble had two legs, dropping over three days. I believe the situation permits a breather at ~115 for a day, then another deep plunge - to the extent that a single carefully selected instance from 2011 serves to model all such bitcoin bubbles. |
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