Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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October 19, 2013, 12:33:12 PM |
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a bubble is never good for the long term health of the bitcoin market, it creates panic sell/buy which will keep most investors and normal people from trusting the coin.
You should not care for the long term health of any market. You should not care for investors and normal people. You should only care for yourself and for here and now and how much profit you can make out of a bubble if it appears. There isn't a bubble yet. It could be the very early stages of the start of a bubble, or it could end up not being. I think the fact that everyone is constantly thinking about a bubble leads to more corrections and stability, in fact. Bitcoin-ers are very aware of bubbles. +1 |
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mmitech
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Activity: 1148
Merit: 1001
things you own end up owning you
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October 19, 2013, 12:44:53 PM |
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all I know is when we have 20% raise in a couple of days is not a good sign, I am watching carefully, I was making big losses when the market went crazy, because it is hard to predict and it is even harder to get in/out at the right moment.
this time I wont get tricked, I wont lose money but I will use this chance to make up some of my losses.
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mah87
Donator
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Activity: 756
Merit: 500
-Bitcoin & Ripple-
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October 19, 2013, 12:45:38 PM |
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all I know is when we have 20% raise in a couple of days is not a good sign, I am watching carefully, I was making big losses when the market went crazy, because it is hard to predict and it is even harder to get in/out at the right moment.
this time I wont get tricked, I wont lose money but I will use this chance to make up some of my losses.
you better buy some xrp. https://ripple.com/blog/ripple-developer-conference-2013-replay/ |
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klee
Legendary
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Activity: 1498
Merit: 1000
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October 19, 2013, 12:51:22 PM |
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i am now a bear.
just incase no one noticed....
omg last I've seen you being a bear we went from 20 to 266  I have said it before, Adam - just get in. You have followed this forum for years, for chrissake. i'm selling a very small % of coins, and its not like my buying USD.... or GOX Dollars, i'm buying crazy cheap FTC!  PLEASE BUY ANC!!!! Thank you  |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 19, 2013, 01:01:37 PM |
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a bubble is never good for the long term health of the bitcoin market, it creates panic sell/buy which will keep most investors and normal people from trusting the coin.
You should not care for the long term health of any market. You should not care for investors and normal people. You should only care for yourself and for here and now and how much profit you can make out of a bubble if it appears. There isn't a bubble yet. Thanks for that reminder of how to be a human being. Some of us were not raised by sociopaths... |
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 19, 2013, 01:01:45 PM |
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NewLiberty
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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October 19, 2013, 01:03:11 PM |
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a bubble is never good for the long term health of the bitcoin market, it creates panic sell/buy which will keep most investors and normal people from trusting the coin.
There isn't a bubble yet. Agreed. If you look at the volume, in currency, across all the exchanges and at the trendlines there. This is not so different from normal trading activity. Just a few good days in a row for the bulls, and some bits of new money coming in. The bubbles have been overall good for the Bitcoin market. Though some have lost. They have raised awareness, (though more from investors than from users) and brought new people in, many who stay and learn. |
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wobber
Legendary
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Activity: 1064
Merit: 1001
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October 19, 2013, 01:04:46 PM |
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a bubble is never good for the long term health of the bitcoin market, it creates panic sell/buy which will keep most investors and normal people from trusting the coin.
You should not care for the long term health of any market. You should not care for investors and normal people. You should only care for yourself and for here and now and how much profit you can make out of a bubble if it appears. There isn't a bubble yet. Thanks for that reminder of how to be a human being. Some of us were not raised by sociopaths... Being selfishly up to the lower sociopaths limit is a trait of character upon most bitcoiners. And most "rich" guys. I do not own it, thus I'm poor. |
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mah87
Donator
Hero Member
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Activity: 756
Merit: 500
-Bitcoin & Ripple-
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October 19, 2013, 01:08:17 PM |
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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October 19, 2013, 01:08:23 PM |
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a bubble is never good for the long term health of the bitcoin market, it creates panic sell/buy which will keep most investors and normal people from trusting the coin.
You should not care for the long term health of any market. You should not care for investors and normal people. You should only care for yourself and for here and now and how much profit you can make out of a bubble if it appears. There isn't a bubble yet. Thanks for that reminder of how to be a human being. Some of us were not raised by sociopaths... It is neither about how to be a human nor how someone was or was not raised. It's about trading. Either you win or you lose. Is losing humane and winning sociopathic? I don't think so. |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 19, 2013, 01:14:47 PM |
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a bubble is never good for the long term health of the bitcoin market, it creates panic sell/buy which will keep most investors and normal people from trusting the coin.
You should not care for the long term health of any market. You should not care for investors and normal people. You should only care for yourself and for here and now and how much profit you can make out of a bubble if it appears. There isn't a bubble yet. Thanks for that reminder of how to be a human being. Some of us were not raised by sociopaths... It is neither about how to be a human nor how someone was or was not raised. It's about trading. Either you win or you lose. Is losing humane and winning sociopathic? I don't think so. In a sociopathic mind that is correct. However, some people have minds that work differently and look at longer term and communiy wide effects. For example, it might be that someone is coding a more efficient miner to produce bitcoins and secure the network, this is a market activity that results in long term returns which a sociopath who sees the world as a seriesof zero sum games might not be able to understand. The reason why this market exists is because a lot of people want to break free of dependancy on fiat. Sociopaths do not care about that unless it profits them. |
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mah87
Donator
Hero Member
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Activity: 756
Merit: 500
-Bitcoin & Ripple-
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October 19, 2013, 01:15:55 PM |
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Oh man, you won a fast ignore, congrats!  why don't you admit it ? |
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Loozik
Sr. Member
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Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
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October 19, 2013, 01:17:30 PM |
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If you look at the volume, in currency, across all the exchanges and at the trendlines there. This is not so different from normal trading activity. This is different on BTCChina. Heavy selling volume: smart traders selling, suckers buying. |
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Miz4r
Legendary
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Activity: 1246
Merit: 1000
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October 19, 2013, 01:20:37 PM |
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I had to shed some of my speculative position, I got the hibijibies
i'm left with long term holdings, and some coins tied up in BTC investments.
Didn't you sell at $20 earlier this year when you got the hibijibies as well? This can mean only one thing: $180 in 8 days! I was 1-2 days off but damn I didn't actually expect it to happen like this. |
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nagnagnag2
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October 19, 2013, 01:45:12 PM |
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I've been trying to connect to the GoxAPI via socket.io for more than a hour now. What's the secret to be able to connect?
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 19, 2013, 01:47:00 PM |
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i'm really surprised at the difference with btce and bitstamp, haven't seen that kind of divergence in a while
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dani
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October 19, 2013, 01:48:11 PM |
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all I know is when we have 20% raise in a couple of days is not a good sign, I am watching carefully, I was making big losses when the market went crazy, because it is hard to predict and it is even harder to get in/out at the right moment.
this time I wont get tricked, I wont lose money but I will use this chance to make up some of my losses.
We are just correcting to match difficty. We got a ways to go. this. 18% in 24 hours is not healthy growth. We've been there before. A correction down is expected. But long term we will be at $200 by the end of 2013!
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SheHadMANHands
Legendary
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Activity: 1168
Merit: 1000
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October 19, 2013, 02:00:38 PM |
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i'm really surprised at the difference with btce and bitstamp, haven't seen that kind of divergence in a while
What's up with Btc-e? China is on the move.. |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 19, 2013, 02:03:06 PM |
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18% in 24 hours is not healthy growth. We've been there before. A correction down is expected. But long term we will be at $200 by the end of 2013!
yea but remember the climb from $30+... we had an almost 10x climb to a new high of 266... then fell to about 49 for a second maybe... that is not so say we will not have localized dips |
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samson
Legendary
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Activity: 2097
Merit: 1070
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October 19, 2013, 02:11:48 PM |
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