Jozzaboy
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Activity: 98
Merit: 10
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July 03, 2013, 05:20:08 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual  |
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gandhibt
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July 03, 2013, 05:20:17 PM |
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Small bounce?
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Frozenlock
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July 03, 2013, 05:21:47 PM |
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I'm holding, as usual Of course you are.  Here, may this help you :  |
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icekiss
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Activity: 70
Merit: 10
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July 03, 2013, 05:23:27 PM |
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Small bounce?
Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox). Edit: Then again, the big sells on mtgox still don't appear to be stopping.  (just saw 500BTC sold at 82.00) |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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July 03, 2013, 05:24:24 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual I remember it was the same during the whole of the 2011 bear market. |
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gandhibt
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July 03, 2013, 05:25:12 PM |
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I'm holding, as usual Of course you are. Here, may this help you : Was fun seeing that when we were climbing to $250 but now it's not =) |
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 03, 2013, 05:25:38 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual I remember it was the same during the whole of the 2011 bear market. Cool story bro. |
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Voodah
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July 03, 2013, 05:25:46 PM |
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Bitstamp and CampBX trading higher than MTGox. Oversold?
Nope, MtGox leading the other exchanges was the normal state of things to which we are apparently now returning. You really think we are already returning to normal in regards to Gox?? I highly doubt that. Gox has not said a word, and my impression is there won't be any good news to give in two days. I think we are just seeing dumps and market moves, and that's what's really controlling the exchange spreads. |
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MAbtc
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July 03, 2013, 05:27:56 PM |
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Small bounce?
Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox). Bid side on Bitstamp is actually still looking pretty strong. 5100 coins to 75, 2600 coins to 90. Waiting for a nice 1k sell to prime us for the 70s.  |
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thef
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July 03, 2013, 05:28:08 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual Have you been watching the past few days? It's always been like this but the sells just keep coming. Don't be fooled like I was into believing we're going up just because of the order book. If we follow the pattern of the past week, we're going to bounce off of $80 and go up to around $84. That's the time to sell. Then, the next day we'll have another large selloff into the mid 70s. |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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July 03, 2013, 05:28:13 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual I remember it was the same during the whole of the 2011 bear market. Cool story bro. It's unfortunate for the people who choose to stick their fingers in their ears when someone who has experienced the same thing tries to educate them: https://bitcointalk.org/index.php?topic=188829.0 |
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Frozenlock
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July 03, 2013, 05:28:48 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual I remember it was the same during the whole of the 2011 bear market. Cool story bro. You realize most of us are just trying to prevent you from having the same pain we did? |
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Ultraviolet
Member
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Activity: 84
Merit: 10
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July 03, 2013, 05:30:31 PM |
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Tomorrow is the two week mark for Gox USD withdraws isn't it.
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 03, 2013, 05:30:44 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual I remember it was the same during the whole of the 2011 bear market. Cool story bro. It's unfortunate for the people who choose to stick their fingers in their ears when someone who has experienced the same thing tries to educate them: https://bitcointalk.org/index.php?topic=188829.0Based on the depth, we are due a bounce. I may short some coins in there depending on how I feel about sentiment. In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard. |
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tarmi
Legendary
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Activity: 1218
Merit: 1010
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July 03, 2013, 05:31:34 PM |
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Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars. I'm holding, as usual I remember it was the same during the whole of the 2011 bear market. Cool story bro. You realize most of us are just trying to prevent you from having the same pain we did? no pain no gain. some people learn their lessons the hard way. dooooooown sheee goeeeeeees. |
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icekiss
Member
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Activity: 70
Merit: 10
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July 03, 2013, 05:33:13 PM |
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Small bounce?
Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox). Bid side on Bitstamp is actually still looking pretty strong. 5100 coins to 75, 2600 coins to 90. Waiting for a nice 1k sell to prime us for the 70s. I know. Why do you think bitstamp is trading higher than mtgox at the first place!? So I am doing the same as you - waiting for a nice big dump of at least 1000BTC before even thinking about trying to catch a bounce... |
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MAbtc
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July 03, 2013, 05:35:16 PM |
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In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.
Are people serious when they say this sort of stuff? |
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 03, 2013, 05:35:38 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 03, 2013, 05:36:40 PM |
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In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.
Are people serious when they say this sort of stuff? Why not? If I sell, the price comes down more. If their message affects more people, it keeps bringing down the price. Something something butterfly effect. Everyone wants to buy in at the bottom. |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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July 03, 2013, 05:39:00 PM |
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I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. |
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