Zangelbert Bingledack
Legendary
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Activity: 1036
Merit: 1000
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October 23, 2013, 08:41:44 PM |
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PSA: A correction now, even a big temporary sell-off, would be totally normal. That's not saying we'll get one, but don't panic if it happens. The "DON'T PANIC" posts during a mini-crash may fall on deaf ears because they look desperate. They aren't; it is a fact that markets don't move in straight lines. Don't be a weak hand. Besides being generally cowardly, it is very expensive to your financial wellbeing. We now return to our regularly scheduled rally  less than 20000 btc left on gox... where is that sell of gonna come from... Indeed. It's possible, even somewhat likely, that Second Market soaked up most of the available coins weeks ago and we're now feeling the coin drought. Add that to the China tinderbox and BOOM. I expect continued rally, I just want to preemptively warn people that corrections are normal and healthy, sky isn't falling if the price dives one day, etc. |
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ardana123
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October 23, 2013, 08:41:54 PM |
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Anyone notice the rally stopped in China? I realize it's early for them, but today they barely rose a few bucks.
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Singlebyte
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October 23, 2013, 08:43:27 PM |
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The 230-something wall jsut got pulled from Gox & immediately posted again. I've been seeing stuff like that happening alot lately. Do the whales hope to cause a bigger panic/movement than they really can?
Is 500 coins on gox really considered a wall now? My god how times have changed... It is when they are going for $225 |
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Walsoraj
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October 23, 2013, 08:44:35 PM |
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PSA: A correction now, even a big temporary sell-off, would be totally normal. That's not saying we'll get one, but don't panic if it happens. The "DON'T PANIC" posts during a mini-crash may fall on deaf ears because they look desperate. They aren't; it is a fact that markets don't move in straight lines. Don't be a weak hand. Besides being generally cowardly, it is very expensive to your financial wellbeing. We now return to our regularly scheduled rally less than 20000 btc left on gox... where is that sell of gonna come from... wtf are you talking about? Go to blockchained.com and look at what happen to ask sum before the last major crashes. We are in risky territory. |
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dserrano5
Legendary
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Activity: 1974
Merit: 1029
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October 23, 2013, 08:44:49 PM |
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Anyone notice the rally stopped in China? I realize it's early for them, but today they barely rose a few bucks.
China was at a $230-equivalent. Other exchanges just played catch up today. |
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Zangelbert Bingledack
Legendary
Offline
Activity: 1036
Merit: 1000
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October 23, 2013, 08:47:09 PM |
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Anyone notice the rally stopped in China? I realize it's early for them, but today they barely rose a few bucks.
Yeah, seems we're all taking turns here. China was going double-exponential, needed a cooling off. That it was just a pause rather than a sharp knife-down perhaps says something about how solid their rally is. |
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TERA
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October 23, 2013, 08:47:43 PM |
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Anyone notice the rally stopped in China? I realize it's early for them, but today they barely rose a few bucks.
Look again. China chart is just starting to break out. |
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theonewhowaskazu
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October 23, 2013, 08:48:37 PM |
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Anyone notice the rally stopped in China? I realize it's early for them, but today they barely rose a few bucks.
Its on again off again. Here its off on weekends, theirs seems to be off at random times randomly. |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 23, 2013, 08:49:35 PM |
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PSA: A correction now, even a big temporary sell-off, would be totally normal. That's not saying we'll get one, but don't panic if it happens. The "DON'T PANIC" posts during a mini-crash may fall on deaf ears because they look desperate. They aren't; it is a fact that markets don't move in straight lines. Don't be a weak hand. Besides being generally cowardly, it is very expensive to your financial wellbeing. We now return to our regularly scheduled rally less than 20000 btc left on gox... where is that sell of gonna come from... wtf are you talking about? Go to blockchained.com and look at what happen to ask sum before the last major crashes. We are in risky territory. are you unable to read little boy? |
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bitcryptonit
Member
Offline
Activity: 93
Merit: 10
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October 23, 2013, 08:51:12 PM |
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PSA: A correction now, even a big temporary sell-off, would be totally normal. That's not saying we'll get one, but don't panic if it happens. The "DON'T PANIC" posts during a mini-crash may fall on deaf ears because they look desperate. They aren't; it is a fact that markets don't move in straight lines. Don't be a weak hand. Besides being generally cowardly, it is very expensive to your financial wellbeing. We now return to our regularly scheduled rally less than 20000 btc left on gox... where is that sell of gonna come from... Indeed. It's possible, even somewhat likely, that Second Market soaked up all the coins weeks ago and we're now feeling the coin drought. Add that to the China tinderbox and BOOM. I expect continued rally, I just want to preemptively warn people that corrections are normal and healthy, sky isn't falling if the price dives one day, etc. I wonder how recent 266 bubble affected people. Are they now not scared by bubbles any more and even if someone will dump lets say 100k bitcoins at once we will recover really fast? I'm not going to do anything when price will drop hard. Maybe will buy some more if i will have cash ready. But what others will do. |
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MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
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October 23, 2013, 08:53:50 PM |
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hlynur
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October 23, 2013, 08:57:28 PM |
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Who has 100k btc anymore?
Other than dpr and satoshi...
fbi could sell seized coins...  |
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TERA
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October 23, 2013, 08:57:54 PM |
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The Chinese speculators collectively dump 100k. It turns to a full on market panic where 500k are dumped.
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bitcryptonit
Member
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Activity: 93
Merit: 10
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October 23, 2013, 08:59:18 PM |
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The Chinese speculators collectively dump 100k. It turns to a full on market panic where 500k are dumped.
the trick is to learn lesson from April and don't panic |
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theonewhowaskazu
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October 23, 2013, 09:00:03 PM |
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The Chinese speculators collectively dump 100k. It turns to a full on market panic where 500k are dumped.
the trick is to learn lesson from April and don't panic I'd panic about where to put my buy order. |
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mccorvic
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October 23, 2013, 09:00:11 PM |
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Imagine if there was a Y1 setting. Whoooooooooooooooooooooooooooa. |
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Walsoraj
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October 23, 2013, 09:00:35 PM |
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The Chinese speculators collectively dump 100k. It turns to a full on market panic where 500k are dumped.
You mean the one or two manipulators who are taking advantage of no trade fees. |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 23, 2013, 09:01:16 PM |
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Who has 100k btc anymore?
Other than dpr and satoshi...
the twinsies  |
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