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gambitv
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November 09, 2013, 06:41:08 AM
Last edit: November 09, 2013, 06:53:43 AM by gambitv |
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Wow, today has been REALLY rocky, even by Bitcoin standards.Seriously, each one of those "big-wicks" is almost 10% of Bitcoin's value. It's done that like 4 times already.
It's like February all over again. Update: Looks like battle of the bots right now, lots of tiny buys and a few sells going back and forth. |
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theonewhowaskazu
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November 09, 2013, 06:43:38 AM |
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Wow, today has been REALLY rocky, even by Bitcoin standards.Seriously, each one of those "big-wicks" is almost 10% of Bitcoin's value. It's done that like 4 times already.
It's like February all over again. Lol, I hope. Either that or Bitcoin has gotten permanently more volatile and become even weirder than normal. Personally I blame the Chinese. |
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adamstgBit
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November 09, 2013, 06:44:54 AM |
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poeple sold because they thought price was moving to high too fast, gr8 now we can move higher faster, to where bitcoin SHOULD be.
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hyphymikey
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November 09, 2013, 06:52:07 AM |
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Interesting theory, but why would they use an exchange? Or, if they did, why Gox and not something smaller? Totally unsure of what I'm going to wake up to tomorrow... $400? $500? $200?  Need Walsoraj' guidance. A) trust issues B) geographical issues C) seller already on gox D) if I'm the buyer I want that "wall to fall and bitcoin to the moon" where everyone can see it |
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SheHadMANHands
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November 09, 2013, 06:56:05 AM |
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poeple sold because they thought price was moving to high too fast, gr8 now we can move higher faster, to where bitcoin SHOULD be.
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firstlast
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November 09, 2013, 06:56:31 AM |
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Feels like March 2013 all over again. March 6th to be exact.
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theonewhowaskazu
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November 09, 2013, 07:01:13 AM |
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Feels like March 2013 all over again. March 6th to be exact.
March was comparitively stable, compared to this shit. |
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ChartBuddy
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November 09, 2013, 07:01:38 AM |
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firstlast
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November 09, 2013, 07:13:51 AM |
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Feels like March 2013 all over again. March 6th to be exact.
March was comparitively stable, compared to this shit. Not if you log that shit. dat logarithmic scale puts everything into perspective |
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adamstgBit
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November 09, 2013, 07:14:23 AM |
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took more losses and bought some more back!  |
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gambitv
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November 09, 2013, 07:25:15 AM |
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took more losses and bought some more back! My last sale was at 375. My next sell is for 400. |
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adamstgBit
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November 09, 2013, 07:35:28 AM |
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took more losses and bought some more back! My last sale was at 375. My next sell is for 400. thats the best way to do it, sell little bits slowly as its rising. |
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oakpacific
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November 09, 2013, 07:36:11 AM |
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It's not at all similar to this spring, or we would have crashed deeply with volume of more than 100k BTCs already.
I am completely speechless with the tenacity of this price fly-up, it simply refuses to go down, several crash attempts are just easily absorbed, each time countered a powerful buy wave.
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molecular
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November 09, 2013, 07:43:44 AM |
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took more losses and bought some more back! My last sale was at 375. My next sell is for 400. thats the best way to do it, sell little bits slowly as its rising. no, it stinks. I always do this and it inevitably turns out that simply holding would've been better. |
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adamstgBit
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November 09, 2013, 07:48:57 AM |
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took more losses and bought some more back! My last sale was at 375. My next sell is for 400. thats the best way to do it, sell little bits slowly as its rising. no, it stinks. I always do this and it inevitably turns out that simply holding would've been better. well if you want to sell thats the way to do it. it really sucks selling it all at once and then realizing that bitcoin is a little honey badger. |
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gambitv
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November 09, 2013, 07:50:40 AM |
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....
But think on this: Has there EVER been something that hit its exponential adoption curve simultaneously worldwide before?
Is this why it refuses to die, and allow people back in low. I first came in at 140, to see it go to 65. I know what some of these people are feeling buying at these levels. Takes a while to adjust to speculators. Financial Education is your best weapon in these times with bitcoin. Plenty of free sites to consult. |
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ChartBuddy
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November 09, 2013, 08:01:46 AM |
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bobdude17
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November 09, 2013, 08:04:53 AM |
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Fuckin 'a. No time for a breather, back to work they go. |
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molecular
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November 09, 2013, 08:08:19 AM |
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took more losses and bought some more back! My last sale was at 375. My next sell is for 400. thats the best way to do it, sell little bits slowly as its rising. no, it stinks. I always do this and it inevitably turns out that simply holding would've been better. well if you want to sell thats the way to do it. it really sucks selling it all at once and then realizing that bitcoin is a little honey badger. of course, I agree. EDIT: same is true for buying, btw. buying in small distributed chunks is better than in one big purchase |
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windjc
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November 09, 2013, 08:22:15 AM |
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Ideas on why Bitstamp is the weakest (bearish) of all the exchanges?
Are they simply out of $$$? I can't imagine so, especially with the sell off.
Its incredibly weak looking right now.
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