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magicmexican
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April 16, 2014, 10:48:34 AM |
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btc-e is like "i am right behind you guys, only -15$ to be safe, just in case you dump"
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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April 16, 2014, 10:48:37 AM |
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So how many of you traders just lost money because of this China "news" thing? Come on, i know there must be a bunch of you here. Please tell me so i can laugh in your face.
You really enjoy it , right? =))))) Not really, he is mad, more than me who actually lost money today. He is always mad, I wouldn't like to be him  |
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niothor
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April 16, 2014, 10:48:53 AM |
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What alts are people in at the moment ? Theres been some wicked growth the last couple of days ?
Bc a few days ago and doge right a few hours ago. But most of the alt follow btc like a dog  |
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niothor
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April 16, 2014, 10:50:22 AM |
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So how many of you traders just lost money because of this China "news" thing? Come on, i know there must be a bunch of you here. Please tell me so i can laugh in your face.
You really enjoy it , right? =))))) Not really, he is mad Well , easter is coming so he can blow off some steam by slaughtering a few sheep. |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 16, 2014, 10:50:59 AM |
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XPM quite disappointed me, I had it for weeks and it was only alt that didn't rally on btc-e today. So I sold half hour ago and exchange it for fiat. Probably mistake as it would be profit at some time for sure but I don't care, want some fiat I made 2-3 btc on Digitalcoin today, came in right moment to cover some of losses I made on btc vs usd. DGC was always good to me  |
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p0peji
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April 16, 2014, 10:51:58 AM |
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This reminds me of a certain time in March this year, all we need now is 18-04 to be the correct date and we have meltdown.
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EuroTrash
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April 16, 2014, 10:52:01 AM |
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I'm never one to buy into the old cliche's of "Weak hands selling their coins for cheap" etc. But today, I believe that is exactly what is happening. Summarised, the news is a rehash of the information that's been readily available this week about certain banks closing down accounts that were connected with Chinese exchanges. This is not new information, most of it is available to read on here, Reddit and in some cases on the actual exchange websites.  Some people don't deserve Bitcoins! Source: Huobi's customer support team. lol @ "silly Americans" |
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TERA
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April 16, 2014, 10:58:43 AM |
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I've thought over my trading history and realize 80%-90% if my profits are all made during new-ATH rallies and the huge crashes afterwards. I perform very poorly during bear markets and consolidations, and make bank during the rally/crash conditions, doubling my coins exponentially every week. So I should probably just make a resolution to only trade during those short 2-3 month time periods and then leave whenever there is a bear market. Maybe I use the 1W MACD to determine this.
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ChartBuddy
Legendary
 Online
Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 16, 2014, 11:00:22 AM |
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p0peji
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April 16, 2014, 11:00:51 AM |
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Would that not mean that their 200k stash will be sold at market and USD paid to account holders? |
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niothor
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April 16, 2014, 11:01:39 AM |
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No reason why it should.... but yeah , it might take us even below 0 |
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dreamspark
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April 16, 2014, 11:03:12 AM |
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Huobis a scary place when it goes quiet.
I guarantee a lot of people lost money this morning.
Im not sure if anyone has any idea whether this is going up or down but with just a $40 drop on this 'news' it makes it less likely that China news is going to see us retesting those previous lows...
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blatchcorn
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April 16, 2014, 11:04:14 AM |
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No reason why it should.... but yeah , it might take us even below 0 I think it will take us to $600 |
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TERA
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April 16, 2014, 11:05:33 AM |
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Huobis a scary place when it goes quiet.
I guarantee a lot of people lost money this morning.
Im not sure if anyone has any idea whether this is going up or down but with just a $40 drop on this 'news' it makes it less likely that China news is going to see us retesting those previous lows...
It's probably going to be more than $40 eventually. Wait till 4H MACDs go down. |
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freebit13
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April 16, 2014, 11:09:30 AM |
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Localbitcoins prices are all over the place. While there is not much below the mean price, there are many transactions recorded far above the average or the price of other exchanges. The data on this exchange site would be easy to spoof - they never see the government currency, so an individual could simply "sell" bitcoins to a different account of his at an inflated price.
Most traders on this site use a formula for their pricing, such as "xxx exchange + %5" or "xxx + yyy exchange 24 hour average", so the pricing should reflect a slightly delayed pricing on other exchanges.
Here's a live chart to turn this into something useful though. Underneath the noise, you now see the 60-minute weighted average, smoothing the amounts and giving the actual trade volume importance. Also, that the exchange rate still appears higher.
The volume is notable, but insignificant compared with the larger exchanges which enable high-frequency trading. The average daily volume for the last month is about 500 BTC, compared 17000-20000BTC on bitstamp and btce.
I'd imagine they'd lose a lot in fees for that... |
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dreamspark
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April 16, 2014, 11:10:23 AM |
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Huobis a scary place when it goes quiet.
I guarantee a lot of people lost money this morning.
Im not sure if anyone has any idea whether this is going up or down but with just a $40 drop on this 'news' it makes it less likely that China news is going to see us retesting those previous lows...
It's probably going to be more than $40 eventually. Wait till 4H MACDs go down. We'll see, just as likely this all continues and it ends up being called an epic bear trap. |
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ShroomsKit
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April 16, 2014, 11:14:38 AM |
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So how many of you traders just lost money because of this China "news" thing? Come on, i know there must be a bunch of you here. Please tell me so i can laugh in your face.
You really enjoy it , right? =))))) Not really, he is mad, more than me who actually lost money today. He is always mad, I wouldn't like to be him Mad? Haha absolutely not. |
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TERA
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April 16, 2014, 11:15:46 AM |
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Huobis a scary place when it goes quiet.
I guarantee a lot of people lost money this morning.
Im not sure if anyone has any idea whether this is going up or down but with just a $40 drop on this 'news' it makes it less likely that China news is going to see us retesting those previous lows...
It's probably going to be more than $40 eventually. Wait till 4H MACDs go down. We'll see, just as likely this all continues and it ends up being called an epic bear trap. Price is way overdue for correction with or without news a drop to at least $450 some time in the next week is likely. |
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