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akujin
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April 25, 2014, 05:56:40 AM |
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gizmoh
Legendary
 Offline
Activity: 1428
Merit: 1000
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April 25, 2014, 05:56:57 AM |
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Why does this ridiculous panic continue? Wth is wrong with these idiots!
Because it is the end of Chinese pump era, this time Confirmed! |
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y3804
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April 25, 2014, 05:58:16 AM |
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Why does this ridiculous panic continue? Wth is wrong with these idiots!
Because it is the end of Chinese pump era, this time Confirmed! What he said ^^. China led us from $100 to $1000. China will drive us back to $260. End of story. |
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akujin
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April 25, 2014, 05:58:56 AM |
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Why does this ridiculous panic continue? Wth is wrong with these idiots!
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Davyd05
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April 25, 2014, 05:59:02 AM |
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Why does this ridiculous panic continue? Wth is wrong with these idiots!
Because it is the end of Chinese pump era, this time Confirmed! What he said ^^. China led us from $100 to $1000. China will drive us back to $260. End of story. LOL...that is all.. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 25, 2014, 06:01:16 AM |
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here's a question, why doesn't this get more play around here? http://www.cnet.com/news/mt-gox-liquidation-given-go-ahead-by-tokyo-court/this effectively means that any and all assets of value will be sold to make a pile of money for the lawyers and accountants and all them, I would see this as cheap bitcoin flooding the market, but I have sometimes been know to see things which are not there. Not that it is much of my business, but... ...why is there no discussion anywhere that the BTC given to Mt.Gox for safekeeping are not that company's assets, nor loans to it? They belong to the customers as customer property (or customer funds). In liquidation, the customer property is returned to its owner and not commingled with company assets nor used to pay its lawyers. If the guardian has failed with safekeeping so that a part of the property is stolen, the loss should be prorated, especially if there is no mention in TOS. Actually it is my business (point: III). I decided to mention this once in every 500 posts. Lawyers make the rules. The coins and fiat at Gox are debts like any others, I'm afraid. That hurts me too. I didn't get everything out before it imploded. Just most of it. |
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Tyson95
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April 25, 2014, 06:02:08 AM |
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Went to sleep at 500 feeling good and wake up to this shit, wow bitcoin.
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cAPSLOCK
Legendary
Offline
Activity: 3752
Merit: 5142
Whimsical Pants
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April 25, 2014, 06:07:31 AM |
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We will stabalize @ 447-502 for a shot time (hours) before dropping quickly to ~ 408 where serious resistance will be met.
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njcarlos
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April 25, 2014, 06:09:24 AM |
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Pretty soon everyone will realize that even $300 is a very likely level of stability, if not mid-200s. The sooner everyone realizes that there's just no basis for this valuation (or the capital in-flights to support it), the better.
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ShroomsKit
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April 25, 2014, 06:14:22 AM |
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Pretty soon everyone will realize that even $300 is a very likely level of stability, if not mid-200s. The sooner everyone realizes that there's just no basis for this valuation (or the capital in-flights to support it), the better.
No basis...because you say so? |
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ShroomsKit
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April 25, 2014, 06:15:09 AM |
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We will stabalize @ 447-502 for a shot time (hours) before dropping quickly to ~ 408 where serious resistance will be met.
Is this a fact? |
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njcarlos
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April 25, 2014, 06:16:35 AM |
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No basis...because you say so?
Basis is because this is the likely point of stable growth had China not had their mass adoption that sent the price through the roof. As they exit, the valuation will reset to it's previous trend. And in my opinion, that's in the $200-300 zone. |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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April 25, 2014, 06:17:20 AM |
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Pretty soon everyone will realize that even $300 is a very likely level of stability, if not mid-200s. The sooner everyone realizes that there's just no basis for this valuation (or the capital in-flights to support it), the better.
Yes, it truly is as if nobody would be able to see more than a few days into the future, and that the price today would have no correlation to expectations of long term value (and only be a product of buying and selling pressure in a given day, in exchanges that lack liquidity). It is somewhat irritating in the short term but gives an opportunity in the next bubble. I might aim to increase my number of coins not by the usual 10-20% but by 50% with a little more aggressive play. Is anyone with me? PPT?  |
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ShroomsKit
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April 25, 2014, 06:18:51 AM |
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No basis...because you say so?
Basis is because this is the likely point of stable growth had China not had their mass adoption that sent the price through the roof. As they exit, the valuation will reset to it's previous trend. And in my opinion, that's in the $200-300 zone. Ah your opinion. Ok. |
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Tyson95
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April 25, 2014, 06:19:18 AM |
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I wish all the Bitstamp users would band together and not follow the China train of doom each time.
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njcarlos
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April 25, 2014, 06:19:27 AM |
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No basis...because you say so?
Basis is because this is the likely point of stable growth had China not had their mass adoption that sent the price through the roof. As they exit, the valuation will reset to it's previous trend. And in my opinion, that's in the $200-300 zone. Ah your opinion. Ok. Isn't everything on this forum opinion? Or is that super technical analysis stamped in steel?  |
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mah87
Donator
Hero Member
Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
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April 25, 2014, 06:22:15 AM |
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Pretty soon everyone will realize that even $300 is a very likely level of stability, if not mid-200s. The sooner everyone realizes that there's just no basis for this valuation (or the capital in-flights to support it), the better.
Yes, it truly is as if nobody would be able to see more than a few days into the future, and that the price today would have no correlation to expectations of long term value (and only be a product of buying and selling pressure in a given day, in exchanges that lack liquidity). It is somewhat irritating in the short term but gives an opportunity in the next bubble. I might aim to increase my number of coins not by the usual 10-20% but by 50% with a little more aggressive play. Is anyone with me? PPT? the bubble is exploding, expect bitcoin to reach 100 very very soon. |
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ShroomsKit
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April 25, 2014, 06:23:16 AM |
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I wish all the Bitstamp users would band together and not follow the China train of doom each time.
They are way, as in waaaay too dumb for that. |
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JCviggen
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April 25, 2014, 06:23:26 AM |
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I wish all the Bitstamp users would band together and not follow the China train of doom each time.
They could try that, and hand the arb-ers a great payday when they tank the price down anyway. It wouldn't work, simple as that. Its like those retarded initiatives to get everyone to not fill up their car with gas on the same day to get the price to drop. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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April 25, 2014, 06:24:34 AM |
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Pretty soon everyone will realize that even $300 is a very likely level of stability, if not mid-200s. The sooner everyone realizes that there's just no basis for this valuation (or the capital in-flights to support it), the better.
Yes, it truly is as if nobody would be able to see more than a few days into the future, and that the price today would have no correlation to expectations of long term value (and only be a product of buying and selling pressure in a given day, in exchanges that lack liquidity). It is somewhat irritating in the short term but gives an opportunity in the next bubble. I might aim to increase my number of coins not by the usual 10-20% but by 50% with a little more aggressive play. Is anyone with me? PPT? Why would you be irritated by this? Assuming you have full faith... |
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