spooderman
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Activity: 1652
Merit: 1029
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March 26, 2014, 12:42:13 AM |
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bit of dumping...
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Patel
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Activity: 1321
Merit: 1007
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March 26, 2014, 12:43:08 AM |
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bit of dumping...
more than a bit
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derpinheimer
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Activity: 896
Merit: 1000
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March 26, 2014, 12:43:27 AM |
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MAbtc
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March 26, 2014, 12:50:55 AM |
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You were insinuating that 70,000 coins might hit the market on the sell side. That is pretty much what you said.
Yes it is, and I'm still saying it. Without considering anything else (e.g. positive sentiment or regained confidence), I am simply commenting on the supply-side dynamic. I was commenting primarily on the logic that the coins being removed from the market in the first place was a bullish indication. That was more or less the consensus around here. Sorry, I disagree. The whole MTGOX debacle was a bearish consensus reflected in price. If it were so bullish, our prices would be back in the 700 or 800 range now that those coins are "lost" and the albatross is dead. Your consensus might have been that the coins being lost were bullish. But that's you. Plenty of people were/are talking about "dumping" from theives, loss of bitcoin moral, unsafe exchanges, and other forms of pain and despair. Very few were talking about how great this all was for the price of bitcoin. EDIT: Curious. Looks like we can see forum sentiment on this issue already: https://bitcointalk.org/index.php?topic=530672.0You're conflating the Gox situation with the comment on supply and demand. I did not form "my own" consensus. Actually, quite a few were talking about how the lost coins = mid-term/long-term bullish, if short-term bearish -- the logic being that there were now vastly less coins available to purchase and investors looking to re-accumulate position. It is irrelevant to point out what price range we should currently be in given market sentiment if we are talking on different time frames. To reiterate, I am talking strictly in terms of supply -- I am not commenting on sentiment around the Gox situation.
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chessnut
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Activity: 924
Merit: 1001
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March 26, 2014, 12:55:09 AM |
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lol and where did the big sell orders go??
the wolves are out to play. for the first time in ages Im ready to cry fake sell wall!
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fonzie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:03:49 AM |
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Trend reversal delayed. Longs closed. Tempted to open shorts. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Someone seriously has a shitload of coins to sell.
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windjc
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Activity: 2156
Merit: 1070
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March 26, 2014, 01:05:52 AM |
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lol and where did the big sell orders go??
the wolves are out to play. for the first time in ages Im ready to cry fake sell wall!
Look like "fake" sell wall moved from 598 to sell at 580.
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JayJuanGee
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Activity: 3808
Merit: 10709
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:06:03 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2FOY3jwIZN%2F&t=665&c=tdHXksJ0hDMF3Q) 1D ichimoku seems to indicate that if $625 is or has been broken during/after NEXT week, then the trend has reversed. 3D MACD would probably agree as well. If your charts, lines, mac d's etc would actually be working you would be a billionaire by now. You still don't understand why you're not? Wow I cannot even post a bullish TA now without getting flak? FYI I have outperformed the bitcoin market by 10,000%, meaning if I bought and held I'd be up 400%in fiat value, but instead I'm up 40,000%. The problem was I started with a very small capital. To me, that means that you have gotten 4,000 times return on your initial investment. Accordingly, if you started with $1,000, you now have $400,000. I wished I could figure out how to get those kinds of returns, but I do NOT want to work too hard... I'm thinking that there's gotta be some luck involved, also... .
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Erdogan
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Activity: 1512
Merit: 1005
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March 26, 2014, 01:07:36 AM |
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Inspired by a recent altcoin with a novel inital distribution, I would consider donating half a bitcoin to be evenly distributed over the population of India. That would stick it to the man, don't you think? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Erdogan
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Activity: 1512
Merit: 1005
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:09:17 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2FOY3jwIZN%2F&t=665&c=tdHXksJ0hDMF3Q) 1D ichimoku seems to indicate that if $625 is or has been broken during/after NEXT week, then the trend has reversed. 3D MACD would probably agree as well. If your charts, lines, mac d's etc would actually be working you would be a billionaire by now. You still don't understand why you're not? Wow I cannot even post a bullish TA now without getting flak? FYI I have outperformed the bitcoin market by 10,000%, meaning if I bought and held I'd be up 400%in fiat value, but instead I'm up 40,000%. The problem was I started with a very small capital. To me, that means that you have gotten 4,000 times return on your initial investment. Accordingly, if you started with $1,000, you now have $400,000. I wished I could figure out how to get those kinds of returns, but I do NOT want to work too hard... I'm thinking that there's gotta be some luck involved, also... . Maybe he started with a very small capital because he didn't really believe in his own chart magic.
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MAbtc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:10:53 AM |
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I wished I could figure out how to get those kinds of returns, but I do NOT want to work too hard... I'm thinking that there's gotta be some luck involved, also... .
Sure, there's luck. There's a lot of hard work as well. And most importantly, stop tolerance. I think many traders, especially on leverage, repeatedly take losses and bleed capital when the market moves against them, rather than waiting for their positions to play out. It's painful to continue holding losing positions -- but if you cannot tolerate it, you will be a losing trader. No one calls every top and bottom.
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roslinpl
Legendary
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Activity: 2212
Merit: 1199
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March 26, 2014, 01:16:12 AM |
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Just thinking was I right when was telling about my predictions for price upticks ... it is so unpredictable ... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And amazing! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ♥ BTC
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:18:34 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2FOY3jwIZN%2F&t=665&c=tdHXksJ0hDMF3Q) 1D ichimoku seems to indicate that if $625 is or has been broken during/after NEXT week, then the trend has reversed. 3D MACD would probably agree as well. If your charts, lines, mac d's etc would actually be working you would be a billionaire by now. You still don't understand why you're not? Wow I cannot even post a bullish TA now without getting flak? FYI I have outperformed the bitcoin market by 10,000%, meaning if I bought and held I'd be up 400%in fiat value, but instead I'm up 40,000%. The problem was I started with a very small capital. To me, that means that you have gotten 4,000 times return on your initial investment. Accordingly, if you started with $1,000, you now have $400,000. I wished I could figure out how to get those kinds of returns, but I do NOT want to work too hard... I'm thinking that there's gotta be some luck involved, also... . It's a claimed 400X return, not a 4,000X return, but she pulls~ 10% fiat out every three months or so, so I suspect actual returns (which should be calculated to include those funds) are much lower. Correct me if I'm wrong, TERA.
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edwardspitz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:19:12 AM |
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Please help me interpret what is going on at Huobi right now. There is a fair bit of volume, but the price is fixed at 3540. It looks very odd, like two dealers/bots cancelling each other out. It did the same thing last night between 2 and 3. It is as if someone has decided that 3540 is the perfect price to buy coins at. Or am I misinterpreting what is going on?
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JayJuanGee
Legendary
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Activity: 3808
Merit: 10709
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:21:36 AM |
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We think we have it tough...spend some time over at the auroracoin subforum...not fun
what's that supposed to mean?
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chessnut
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Activity: 924
Merit: 1001
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March 26, 2014, 01:22:07 AM |
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Please help me interpret what is going on at Huobi right now. There is a fair bit of volume, but the price is fixed at 3540. It looks very odd, like two dealers/bots cancelling each other out. It did the same thing last night between 2 and 3. It is as if someone has decided that 3540 is the perfect price to buy coins at. Or am I misinterpreting what is going on?
I had trouble understanding a bug like that a few days ago at 3479. Huobi has had minor bugs since the ddos attack a few days ago. but my huobi chart on bitcoin wisdom is working just fine, it says the price is 3531.
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JorgeStolfi
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March 26, 2014, 01:31:20 AM |
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[ ... ] the anarchic pipedream of an unregulated global economy without banks and outside the reach of governments, laws and police is not only impossible to succeed, but would be a barbaric nightmare if it did.
You make the claim "impossible to succeed" with no justification or consideration for the end goal of cooperation to produce surpluses for the benefits of all members. I am not aware of any time in history, any place in the world, where a society of more than a dozen people has survived for more than a couple of months without some sort of government, laws, and law enforcement. Even chimpanzees have leaders and rules of behavior; so government is probably in our genes, and more fundamental to human nature than language and technology. If a society ceases to have a functioning government, and does not get another one quick enough, some neighboring society will promptly and forcibly lend its own. Financial regulations in particular were created in response to economic collapses such as the crash of 1929. Conversely, the bank disasters of recent times can be traced to the waves of deregulation that started with Reagan&Thatcher and were copied by neocon governments all over the world. Less law enforcement invariably has meant more crime. Why would it be different in Bitcoinland? There may have been already more bitcoin scams than honest businesses, and more goxed exchanges than exchanges still functioning. This list is already impressive, yet it has not been updated since last november. Now, very few of those crimes have resulted in any criminal cases. So, why should the criminals stop? Without laws and law enforcement, fraudster and thieves fare much better than people who respect others's property.
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JayJuanGee
Legendary
Offline
Activity: 3808
Merit: 10709
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:32:40 AM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2FOY3jwIZN%2F&t=665&c=tdHXksJ0hDMF3Q) 1D ichimoku seems to indicate that if $625 is or has been broken during/after NEXT week, then the trend has reversed. 3D MACD would probably agree as well. If your charts, lines, mac d's etc would actually be working you would be a billionaire by now. You still don't understand why you're not? Wow I cannot even post a bullish TA now without getting flak? FYI I have outperformed the bitcoin market by 10,000%, meaning if I bought and held I'd be up 400%in fiat value, but instead I'm up 40,000%. The problem was I started with a very small capital. To me, that means that you have gotten 4,000 times return on your initial investment. Accordingly, if you started with $1,000, you now have $400,000. I wished I could figure out how to get those kinds of returns, but I do NOT want to work too hard... I'm thinking that there's gotta be some luck involved, also... . Maybe he started with a very small capital because he didn't really believe in his own chart magic. That could be.... I really suck at trading and I will admit it. However, I tend to be pretty decent if I attempt to trade at .1BTC at a time or some small amount like that, and then as soon as I up my trades to 1 to 5 BTC, then I get screwed.. left behind in one direction or another. So I kind of gave up on attempting to trade b/c I thought that trading was taking way too much work to be trying to carry out .1BTC at a time.. (b/c the pay off with that amount is way to small as compared with how much time it takes to watch the market). I am sure that there are various tricks to make this less time consuming, but I have NOT yet figured it out.
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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March 26, 2014, 01:34:31 AM |
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We think we have it tough...spend some time over at the auroracoin subforum...not fun
what's that supposed to mean? ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimgur.com%2FlOIjXbl.png&t=665&c=bvsiTDR8vP4MbQ)
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 26, 2014, 01:36:36 AM |
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[ ... ] the anarchic pipedream of an unregulated global economy without banks and outside the reach of governments, laws and police is not only impossible to succeed, but would be a barbaric nightmare if it did.
You make the claim "impossible to succeed" with no justification or consideration for the end goal of cooperation to produce surpluses for the benefits of all members. I am not aware of any time in history, any place in the world, where a society of more than a dozen people has survived for more than a couple of months without some sort of government, laws, and law enforcement. Even chimpanzees have leaders and rules of behavior; so government is probably in our genes, and more fundamental to human nature than language and technology. If a society ceases to have a functioning government, and does not get another one quick enough, some neighboring society will promptly and forcibly lend its own. Financial regulations in particular were created in response to economic collapses such as the crash of 1929. Conversely, the bank disasters of recent times can be traced to the waves of deregulation that started with Reagan&Thatcher and were copied by neocon governments all over the world. Less law enforcement invariably has meant more crime. Why would it be different in Bitcoinland? There may have been already more bitcoin scams than honest businesses, and more goxed exchanges than exchanges still functioning. This list is already impressive, yet it has not been updated since last november. Now, very few of those crimes have resulted in any criminal cases. So, why should the criminals stop? Without laws and law enforcement, fraudster and thieves fare much better than people who respect others's property. It's quite a logical leap to go from needing leaders and rules of behavior to needing rulers, which is what monopoly governments are.
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