gizmoh
Legendary
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Activity: 1428
Merit: 1000
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April 24, 2014, 10:57:26 AM |
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Huobi responding to the news in typical whatever you wouldnt think the market would do it does fashion.
Its just a pump trying to save the 3000 barrier. Chinese whales love to market buy, trying to give impulse and momentum.. |
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TERA
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April 24, 2014, 10:57:56 AM |
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Huobi responding to the news in typical whatever you wouldnt think the market would do it does fashion.
what news? The final Goxxing. That's a negative news. I thought we were discussing the buying. |
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ChartBuddy
Legendary
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 24, 2014, 11:00:24 AM |
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TERA
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April 24, 2014, 11:01:46 AM |
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Why would the mtgox news cause a price increase? It's basically the worst possible outcome - mtgox isn't coming back and 200,000 coins are being liquidated into cash.
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 24, 2014, 11:03:57 AM |
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Why would the mtgox news cause a price increase? It's basically the worst possible outcome - mtgox isn't coming back and 200,000 coins are being liquidated into cash.
No it's not stop spreading FUD. ... lol seriously. |
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roslinpl
Legendary
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Activity: 2212
Merit: 1199
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April 24, 2014, 11:04:59 AM |
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Do these sudden buys at huobi mean something?
Yeah it means that people want coins!  Perhaps they know that there will be no lower price  |
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Mervyn_Pumpkinhead
Legendary
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Activity: 876
Merit: 1000
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April 24, 2014, 11:06:29 AM |
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It's funny how no one is actually paying attention, that 600k of MtGox coins are still missing without any information.
That should be a lot scarier then the 200k coins that will have an public auction.
The current Huobi little spike was probably caused by an late migrant, who also caused some panic buying among those with itchy fingers.
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pandacoin
Legendary
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Activity: 1554
Merit: 1000
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April 24, 2014, 11:08:10 AM |
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Price is between 470-484 $ in last 24 hours. Trend should break up or down these hours.
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dreamspark
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April 24, 2014, 11:10:25 AM |
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Why would the mtgox news cause a price increase? It's basically the worst possible outcome - mtgox isn't coming back and 200,000 coins are being liquidated into cash.
Check out the thread I started in Bitcoin Discussion, apparently it should have no effect at all and in fact should cause an increase in price due to people receiving their compensation and buying BTC with it... |
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TERA
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April 24, 2014, 11:11:27 AM |
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Also, why would the buying immediately start just on Huobi and nowhere ele, with the other exchanges following several minutes later? It's like they're just firing up their regular pumping routine because there is 'news' yet they don't understand what it actually is.
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ShroomsKit
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April 24, 2014, 11:17:04 AM |
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I just thinking to buy more machines. If that graph really goes down and with more difficulty, did calculate in bitcoinwisdom, its never ROI. 1 TH with price almost 3500 USD (include shipment and tax). How the hell people still buy more machines ?
And why its goes down ? I dont see any bad news, and china's schedule for Global Bitcoin Summit 2014 in Beijing is coming up...
Because there is a small group of people with a lot of coins who want to take us down. It can't be more obvious. The market actually wants to go up. But every single time we go up a bit there is a big dump. Pure manipulation. I have no idea who these people are. I'm not into conspiracies but it stinks. |
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GaliX
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April 24, 2014, 11:18:55 AM |
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I just thinking to buy more machines. If that graph really goes down and with more difficulty, did calculate in bitcoinwisdom, its never ROI. 1 TH with price almost 3500 USD (include shipment and tax). How the hell people still buy more machines ?
And why its goes down ? I dont see any bad news, and china's schedule for Global Bitcoin Summit 2014 in Beijing is coming up...
Because there is a small group of people with a lot of coins who want to take us down. It can't be more obvious. The market actually wants to go up. But every single time we go up a bit there is a big dump. Pure manipulation. I have no idea who these people are. I'm not into conspiracies but it stinks. the devil Mark. |
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TERA
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April 24, 2014, 11:19:34 AM |
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I just thinking to buy more machines. If that graph really goes down and with more difficulty, did calculate in bitcoinwisdom, its never ROI. 1 TH with price almost 3500 USD (include shipment and tax). How the hell people still buy more machines ?
And why its goes down ? I dont see any bad news, and china's schedule for Global Bitcoin Summit 2014 in Beijing is coming up...
Because there is a small group of people with a lot of coins who want to take us down. It can't be more obvious. The market actually wants to go up. But every single time we go up a bit there is a big dump. Pure manipulation. I have no idea who these people are. I'm not into conspiracies but it stinks. The dumping occurs because of how overbought it is relative to the current downtrend midpoint, and occurs when all the traders, longs, and distributors realize that a peak is being reached and that everyone is starting to dump. They realize that now is the point where they can take the maximum profit possible (or get the most value, or realize the least loss). Then it becomes a competition. I don't think there is a conspiracy, or an evil intent. |
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akujin
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April 24, 2014, 11:21:18 AM |
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just bouncing at the line   |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 24, 2014, 11:22:46 AM |
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Also, why would the buying immediately start just on Huobi and nowhere ele, with the other exchanges following several minutes later? It's like they're just firing up their regular pumping routine because there is 'news' yet they don't understand what it actually is.
Pavlov's Bull. |
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Kramerc
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April 24, 2014, 11:23:04 AM |
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I just thinking to buy more machines. If that graph really goes down and with more difficulty, did calculate in bitcoinwisdom, its never ROI. 1 TH with price almost 3500 USD (include shipment and tax). How the hell people still buy more machines ?
And why its goes down ? I dont see any bad news, and china's schedule for Global Bitcoin Summit 2014 in Beijing is coming up...
Because there is a small group of people with a lot of coins who want to take us down. It can't be more obvious. The market actually wants to go up. But every single time we go up a bit there is a big dump. Pure manipulation. I have no idea who these people are. I'm not into conspiracies but it stinks. Patience. If this is actually happening behind the curtains, the effect on the market will be like the contracting of a coil. Fireworks in the making. |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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April 24, 2014, 11:23:45 AM |
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I just thinking to buy more machines. If that graph really goes down and with more difficulty, did calculate in bitcoinwisdom, its never ROI. 1 TH with price almost 3500 USD (include shipment and tax). How the hell people still buy more machines ?
And why its goes down ? I dont see any bad news, and china's schedule for Global Bitcoin Summit 2014 in Beijing is coming up...
Because there is a small group of people with a lot of coins who want to take us down. It can't be more obvious. The market actually wants to go up. But every single time we go up a bit there is a big dump. Pure manipulation. I have no idea who these people are. I'm not into conspiracies but it stinks. If 2013 is any guide, it takes 5 months from the capitulation bottom to reach the new high. Of that, 3 months nothing happened. So this month nothing will happen, May nothing will happen, June nothing will happen, July something will start to happen, August, latest September we are at $7. Argh, how is it possible to wait 0.25 more YEARS, after all, it is 90 days, more than 2000 hours!! I want my candy NOW!!1 |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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April 24, 2014, 11:24:12 AM |
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Why would the mtgox news cause a price increase? It's basically the worst possible outcome - mtgox isn't coming back and 200,000 coins are being liquidated into cash.
Check out the thread I started in Bitcoin Discussion, apparently it should have no effect at all and in fact should cause an increase in price due to people receiving their compensation and buying BTC with it... +1-1=0 what is really exciting about the liquidation is that some big investors that are not confident dealing with unregulated exchanges might bid the price higher than market (if coins are auctioned). that would be HUGE and speculators would have a field day. |
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