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niner
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Activity: 189
Merit: 100
You are here ---------> but you're not all there.
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November 14, 2013, 02:43:32 AM |
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CoinDox
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November 14, 2013, 02:50:22 AM |
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there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..
+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public. *edit There HAVE been bubbles in the past, but this likely is not one of them... yet
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 14, 2013, 03:08:13 AM |
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this is much better thank you Richy_T
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 14, 2013, 03:08:56 AM |
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Whoa, where did those walls come from?
Richy_T changed the y-axis min/max so we could see the depth better
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haightst
Newbie
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Activity: 42
Merit: 0
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November 14, 2013, 03:09:54 AM |
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there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..
+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public. *edit There HAVE been bubbles in the past, but this likely is not one of them... yet check out the "street price" ~ $BTC is getting harder to come by in real life!!!:>> https://localbitcoins.comjmho!!!
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notthematrix
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Activity: 980
Merit: 1000
CryptoTalk.Org - Get Paid for every Post!
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November 14, 2013, 03:10:46 AM |
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there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..
+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public. *edit There HAVE been bubbles in the past, but this likely is not one of them... yet China , Brasil , India , Iran (other muslim country's) , south America etc do not care about some petty US rules. Even Germany will not care. The $ is done and the world knows it
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haightst
Newbie
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Activity: 42
Merit: 0
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November 14, 2013, 03:12:34 AM |
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there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..
+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public. *edit There HAVE been bubbles in the past, but this likely is not one of them... yet China , brasil , india , Iran , etc do not care about some pitty US rules. Even germany will not care. The $ is done and the world knows it LOL even us here in California don't care!!! "rules" hahahaa
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NewLiberty
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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November 14, 2013, 03:25:32 AM |
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there's never been a bubble, just large holders dumping to accumulate more and scaring people away for a while..
+1 And it will happen again after the US decides on its digital currency regulatory policies on the 18th of this month. The news will create more questions than it will provide answers, giving the perfect opportunity to induce some panic into the public. *edit There HAVE been bubbles in the past, but this likely is not one of them... yet China , brasil , india , Iran , etc do not care about some pitty US rules. Even germany will not care. The $ is done and the world knows it LOL even us here in California don't care!!! "rules" hahahaa Capital controls tend to increase the price. Just look at China... and Gox.
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RooKIED
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November 14, 2013, 03:27:03 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more.
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arklan
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Activity: 1778
Merit: 1008
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November 14, 2013, 03:28:32 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430.
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haightst
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Activity: 42
Merit: 0
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November 14, 2013, 03:31:56 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. that could very well be an order that didn't clear from earlier ~ I ain't scurred
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 14, 2013, 03:32:52 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. but bitcoincharts says the low was 415
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keewee
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Activity: 1025
Merit: 1000
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November 14, 2013, 03:40:33 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. but bitcoincharts says the low was 415 Yup, was 415. Still a nice little sell-off
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 14, 2013, 03:43:25 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. but bitcoincharts says the low was 415 Yup, was 415. Still a nice little sell-off kk just making sure, not that it would have made any difference. 405 still would not have come close to breaking these crazy bullish technicals.
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Richy_T
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Activity: 2506
Merit: 2174
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 14, 2013, 03:55:16 AM |
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Whoa, where did those walls come from?
Richy_T changed the y-axis min/max so we could see the depth better I made it depend on the current dollar price too (actually the mean of the spread) so it should compensate somewhat as we raise/lower in price, dependent on certain assumptions (that may not be true). I'll manually tweak again if needed and I'll see if I can think of a good way to indicate the scale (other than the fact there are lines on the chart to do so).
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mccorvic
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November 14, 2013, 03:57:12 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen. Am I crazy for feeling this to be the case?
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ChartBuddy
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Activity: 2254
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 14, 2013, 04:01:41 AM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 14, 2013, 04:01:58 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen. Am I crazy for feeling this to be the case? no this is indeed the case. the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% )
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