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T.Stuart
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January 03, 2014, 04:35:06 PM |
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Bitstamp bid wall bulging. Bitstamp led this push. I think more people love Bitstamp over Gox now!  |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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pietje
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January 03, 2014, 04:57:50 PM |
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Anyone any ideas on the weekend? Will there be a weekend dip as usual these last few weeks, or will it be bulls market?
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adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 03, 2014, 05:08:19 PM |
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Anyone any ideas on the weekend? Will there be a weekend dip as usual these last few weeks, or will it be bulls market?
action right now looks crazy bullish i think we can reach 900 before monday. |
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Mad Scientist
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January 03, 2014, 05:15:22 PM |
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Anyone any ideas on the weekend? Will there be a weekend dip as usual these last few weeks, or will it be bulls market?
action right now looks crazy bullish i think we can reach 900 before monday. Price from Dec 21st to today is a steady rise from 600 to 800. I'm not selling anything, not one coin. |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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January 03, 2014, 05:28:45 PM |
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Anyone any ideas on the weekend? Will there be a weekend dip as usual these last few weeks, or will it be bulls market?
action right now looks crazy bullish i think we can reach 900 before monday. on stamp? mb on gox, but not stamp I'd say. that next week wednesday |
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theonewhowaskazu
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January 03, 2014, 05:58:06 PM |
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A rise that is somewhat steady, slow enough to not yet be in parabolic bubble territory, but fast enough to be definitely visible. Feels sort of like August. Lets hope for a repeat  |
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RandyMagnum
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January 03, 2014, 06:08:21 PM
Last edit: January 03, 2014, 07:03:32 PM by RandyMagnum |
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I'm impressed by stamp's disregard for Gox's games, particularly in the last 24 hours.
edit: And moments later someone dumps on Stamp...
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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January 03, 2014, 06:16:53 PM |
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There is buying 10-20 coins each 5 minutes or so, and it has been going on for half a day. Seems quite regular, could be someone trying to buy in while moving the price as little as possible. Mtgox-
Isn't that the ping-pong I mentioned earlier? My guess is that it is a trading robot that sells to itself, alternating between two prices that increase 1-2 USD every few minutes. Has been going on since 2013-12-30 with a few interruptions. The transactions I am talking about, are only buys. The period is maybe 6-7 minutes. When I first noticed them they were indeed increasing by 1, 13-14-15-16-17-18-19 BTC, but now they seem to be random between 10 and 20. Still ongoing. |
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nesevis
Newbie
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Activity: 35
Merit: 0
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January 03, 2014, 06:34:34 PM |
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I've been running an extremely accurate TA model which predicts the following outcome: https://i.imgur.com/kSfrIBZ.png |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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January 03, 2014, 06:38:24 PM |
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I've been running an extremely accurate TA model which predicts the following outcome:  seems legit |
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F-bernanke
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January 03, 2014, 06:39:42 PM |
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It needs some more lines though.
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seljo
Legendary
Offline
Activity: 1178
Merit: 1014
Hodling since 2011.®
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January 03, 2014, 06:42:32 PM |
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I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?
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zoinky
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January 03, 2014, 06:43:32 PM |
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I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?
You can buy stuff and still be a bull. |
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seljo
Legendary
Offline
Activity: 1178
Merit: 1014
Hodling since 2011.®
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January 03, 2014, 06:46:45 PM |
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I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?
You can buy stuff and still be a bull. But can you sell stuff and still be a bull? |
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arklan
Legendary
Offline
Activity: 1778
Merit: 1008
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January 03, 2014, 06:49:05 PM |
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I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?
If I didn't need food and such, my mined coin would not get spent, or traded. Alas, I do need food and such, so my meager bitcoin mine is pretty constantly tapped... |
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Richard Branson
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January 03, 2014, 06:49:54 PM |
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I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?
You can buy stuff and still be a bull. But can you sell stuff and still be a bull? You can even be a bear and buy bitcoin now  |
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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January 03, 2014, 06:52:13 PM |
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I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?
Our expenses are less than our income. The value builds. We hold our mined coins. We trade with purchased coins. The large, as in huge, mining farms must sell some coins to pay their huge electricity bills and they all have hosting fees and most have wages to pay. They are bulls and they must sell some to stay in business. |
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T.Stuart
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January 03, 2014, 06:54:13 PM |
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Foolish small dump on Stamp.
Hold still - no reason for Gox to move - people buying back up
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T.Stuart
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January 03, 2014, 06:55:09 PM |
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Foolish small dump on Stamp.
Hold still - no reason for Gox to move - people buying back up
And boing! |
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dani
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January 03, 2014, 06:56:56 PM |
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I would like if someone could explain this to me. How someone who is mining BTC can be a bull? I mean miners sell at some point for whatever reason don't they?
I'm a miner. I don't spent a single coin I mined last year, nor will I start it this year. I'm comfortable hodling. |
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