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Ares
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May 21, 2013, 08:11:28 AM |
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 now if i could only order a BTC pizza in canada... This is BIG BIG news, if it is true. I had imagined most Western regulators would be strong-armed by the US... and they may still might... but nonetheless this is very promising indeed. We need a sane counterpoint to the US' War on Everything We Can't Track, and we might just have it right here. This is truly big news (again). They just keep coming and coming - that might describe the Bid rise in the charts. The thing is, we only need this "liberal" kind of policy for a year or so - just enough time for BTC to get its foot in the door. Once it catches on... Game over! Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need? |
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Dargumin
Member
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Activity: 107
Merit: 10
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May 21, 2013, 08:16:27 AM |
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Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need?
Well the last prise rise which took us past $120 was on the back of the Dwolla/Mtgox news and a massive DDoS. Crazy times! |
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needmorecoins
Member
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Activity: 65
Merit: 10
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May 21, 2013, 08:20:04 AM |
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Time to start watching tv again........
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ronaldlee0917
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May 21, 2013, 08:20:15 AM |
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stability is under rated  edit, you want action go play with AsicMiner stock, 2.5 btc each now  I already bought at 1.8 three days ago  Regardless, AM is a good investment, both for short-term and long-term, with PE < 2, it is always better to buy late than not buying at all.  |
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Zangelbert Bingledack
Legendary
Offline
Activity: 1036
Merit: 1000
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May 21, 2013, 08:29:36 AM |
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Let that spring coil just a little longer. Note how amazing a buying opportunity we have now with this shower of continuous good/great news and minimal price reaction. This time you don't even need to try to catch a falling knife. Easy, low-risk gains for the non-clueless.
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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May 21, 2013, 08:31:59 AM |
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This is truly big news (again). They just keep coming and coming - that might describe the Bid rise in the charts.
The thing is, we only need this "liberal" kind of policy for a year or so - just enough time for BTC to get its foot in the door. Once it catches on... Game over!
Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need? A decentralized exchange. MtGox is the great bottleneck for BTC price at the moment. |
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BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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May 21, 2013, 08:38:40 AM |
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Let that spring coil just a little longer. Note how amazing a buying opportunity we have now with this shower of continuous good/great news and minimal price reaction. This time you don't even need to try to catch a falling knife. Easy, low-risk gains for the non-clueless.
I think it's just going to take one big buy to push people off the edge... I smell a panic buy coming on... |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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May 21, 2013, 08:47:20 AM |
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Let that spring coil just a little longer. Note how amazing a buying opportunity we have now with this shower of continuous good/great news and minimal price reaction. This time you don't even need to try to catch a falling knife. Easy, low-risk gains for the non-clueless.
I think it's just going to take one big buy to push people off the edge... I smell a panic buy coming on... $70k would take us to $123 and wake up the bulls a bit, but we really need to see $125 fall if we want things to get exciting. |
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notme
Legendary
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Activity: 1904
Merit: 1002
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May 21, 2013, 08:57:58 AM |
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But what if we get a panic sell instead |
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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May 21, 2013, 08:59:29 AM |
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Let that spring coil just a little longer. Note how amazing a buying opportunity we have now with this shower of continuous good/great news and minimal price reaction. This time you don't even need to try to catch a falling knife. Easy, low-risk gains for the non-clueless.
I think it's just going to take one big buy to push people off the edge... I smell a panic buy coming on... $70k would take us to $123 and wake up the bulls a bit, but we really need to see $125 fall if we want things to get exciting. $90k to $123 ATM |
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samson
Legendary
Offline
Activity: 2097
Merit: 1068
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May 21, 2013, 09:00:42 AM |
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Let that spring coil just a little longer. Note how amazing a buying opportunity we have now with this shower of continuous good/great news and minimal price reaction. This time you don't even need to try to catch a falling knife. Easy, low-risk gains for the non-clueless.
I think it's just going to take one big buy to push people off the edge... I smell a panic buy coming on... $70k would take us to $123 and wake up the bulls a bit, but we really need to see $125 fall if we want things to get exciting. This happened on Friday with a $1Million buy and we did break $125 After that nothing but stagnation and a return to $121-$123 on low volume. Volume over the last few days : Friday 79,000 - High = $125.55 Satuday 22,600 - High = $125.31 Sunday 20,800 - High = $124.50 Monday 16,300 - High = $123.69 Tuesday ? Looking low so far but it's very early in the day yet. I guess today will be important if you're holding Bitcoin at the moment. |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 21, 2013, 09:12:37 AM |
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Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need?
Really, it seems at this point we are waiting for an Amazon/Paypal or the like to jump on. The China news and Russian Pay pal will probably affect the volume some. A sure fire thing, which is inevitable imo, is another Cypress like event happening. When that happens we probably don't look back... |
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niothor
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May 21, 2013, 09:16:09 AM |
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Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need?
Really, it seems at this point we are waiting for an Amazon/Paypal or the like to jump on. The China news and Russian Pay pal will probably affect the volume some. A sure fire thing, which is inevitable imo, is another Cypress like event happening. When that happens we probably don't look back... Do you realize you're sounding like a doctor waiting for an epidemic just to get more patients? |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 21, 2013, 09:16:25 AM |
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Volume is getting lower and lower at Gox.
We may soon have to troll on the "Wall Observer - Bitstamp wall movement tracker - Hardcore" thread?
After the painfully verification/trust process at Gox, it would be major PITA to go through the same process with another exchange - but anyhow we really need to get rid of MtGox's dangerous centralization.
I just hope that better infrastructure arrives ASAP, I'm still not loving Bitstamp too much, and liquidity is still too low (but it is improving).
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samson
Legendary
Offline
Activity: 2097
Merit: 1068
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May 21, 2013, 09:20:43 AM |
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Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need?
Really, it seems at this point we are waiting for an Amazon/Paypal or the like to jump on. The China news and Russian Pay pal will probably affect the volume some. A sure fire thing, which is inevitable imo, is another Cypress like event happening. When that happens we probably don't look back... I think the Cyprus event was mostly hype. Everyone bought on the news apart from those in Cyprus who could not buy due to their bank accounts being locked. Price going up on hype is great but it doesn't last. |
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ShroomsKit
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May 21, 2013, 09:32:48 AM |
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Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need?
Really, it seems at this point we are waiting for an Amazon/Paypal or the like to jump on. The China news and Russian Pay pal will probably affect the volume some. A sure fire thing, which is inevitable imo, is another Cypress like event happening. When that happens we probably don't look back... There was no Cypress event. |
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niothor
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May 21, 2013, 09:42:50 AM |
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Makes you wonder what it's gonna take to get the price moving up. If this, Webmoney, paypal founder's investment, and gyft among other good news didn't do much, what do we need?
Really, it seems at this point we are waiting for an Amazon/Paypal or the like to jump on. The China news and Russian Pay pal will probably affect the volume some. A sure fire thing, which is inevitable imo, is another Cypress like event happening. When that happens we probably don't look back... There was no Cypress event. There was : http://www.youtube.com/watch?v=QV44l78QdJw |
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BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
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May 21, 2013, 09:46:27 AM |
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Volume is getting lower and lower at Gox.
We may soon have to troll on the "Wall Observer - Bitstamp wall movement tracker - Hardcore" thread?
After the painfully verification/trust process at Gox, it would be major PITA to go through the same process with another exchange - but anyhow we really need to get rid of MtGox's dangerous centralization.
I just hope that better infrastructure arrives ASAP, I'm still not loving Bitstamp too much, and liquidity is still too low (but it is improving).
It looks to me like the price gap between Gox & Bitstamp is closing. Gox is happily soaking up all the "returning asks". Once we are close to parity, the spring will be ready to uncoil... |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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May 21, 2013, 09:55:34 AM |
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Volume is getting lower and lower at Gox.
We may soon have to troll on the "Wall Observer - Bitstamp wall movement tracker - Hardcore" thread?
After the painfully verification/trust process at Gox, it would be major PITA to go through the same process with another exchange - but anyhow we really need to get rid of MtGox's dangerous centralization.
I just hope that better infrastructure arrives ASAP, I'm still not loving Bitstamp too much, and liquidity is still too low (but it is improving).
It looks to me like the price gap between Gox & Bitstamp is closing. Gox is happily soaking up all the "returning asks". Once we are close to parity, the spring will be ready to uncoil... For bulls only ( bears stop reading NOW) ((Stop reading you naughty bear..)) Volume is almost at record lows for 2013. But two days were also exceptionally low: March 17th at 14k April 6th at 18k Both followed by 40+% gains in the next few days... |
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thoughtfan
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May 21, 2013, 09:56:59 AM |
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Volume is getting lower and lower at Gox.
We may soon have to troll on the "Wall Observer - Bitstamp wall movement tracker - Hardcore" thread?
After the painfully verification/trust process at Gox, it would be major PITA to go through the same process with another exchange - but anyhow we really need to get rid of MtGox's dangerous centralization.
I just hope that better infrastructure arrives ASAP, I'm still not loving Bitstamp too much, and liquidity is still too low (but it is improving).
It looks to me like the price gap between Gox & Bitstamp is closing. Gox is happily soaking up all the "returning asks". Once we are close to parity, the spring will be ready to uncoil... Closer than when at its biggest but it's been closing to under 4 a few times in the last day so I don't know whether this is closing still or whether it's just floating within the same range.  I do think a gap as big as this will act as a brake on any big upward movement on gox - and maybe that's not such a bad thing |
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