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Todorius
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April 29, 2014, 08:40:23 AM |
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What price will bitcoin be at the end of 2014
1763.42$. After crashing from 5382.19$. Confirmed. The force has told me so, it can't be wrong! |
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Whoever mines the block which ends up containing your transaction will get its fee.
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dreamspark
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April 29, 2014, 08:42:13 AM |
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The whole gox saga is far from over, head over to the #mtgox-talk IRC if your interested.
Apparently the sunlot group who the article a page back are reffering to are in it for the wrong reasons and if they take over gox users will be scammed again. Recently though OKCoin have been putting together a plan that not only would return user funds but also give them a 49% stake in the company.
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TERA
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April 29, 2014, 08:43:59 AM |
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The whole gox saga is far from over, head over to the #mtgox-talk IRC if your interested.
Apparently the sunlot group who the article a page back are reffering to are in it for the wrong reasons and if they take over gox users will be scammed again. Recently though OKCoin have been putting together a plan that not only would return user funds but also give them a 49% stake in the company.
OKCoin is a scam too. |
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JorgeStolfi
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April 29, 2014, 08:45:57 AM |
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how do you guys pronounce Huobi ?  Well, you can go to Google Translate, paste "火币" to the window, select "Chinese" and click on the louspeaker. It is " Huǒ bì in the pinyin phonetic script. |
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dreamspark
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April 29, 2014, 08:52:00 AM |
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The whole gox saga is far from over, head over to the #mtgox-talk IRC if your interested.
Apparently the sunlot group who the article a page back are reffering to are in it for the wrong reasons and if they take over gox users will be scammed again. Recently though OKCoin have been putting together a plan that not only would return user funds but also give them a 49% stake in the company.
OKCoin is a scam too. Yeah but the way its structured would be much better for Gox customers. I take it you know the details about both proposals? |
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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April 29, 2014, 08:53:00 AM |
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how do you guys pronounce Huobi ? "OH boy" |
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Davyd05
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April 29, 2014, 08:58:38 AM |
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Huobi hasn't decided if the pump is on or not lol
Around a 2k dump on Houbi. see they decided it wasn't quite the pump they wanted |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 29, 2014, 09:00:57 AM |
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zby
Legendary
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Activity: 1592
Merit: 1001
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April 29, 2014, 09:02:20 AM |
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The Chinese dumps are not what they used to be.
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dreamspark
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April 29, 2014, 09:04:33 AM |
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Confirmed. Worst dump ever.
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p0peji
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April 29, 2014, 09:06:35 AM |
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Confirmed. Worst dump ever.
Isnt it the worst pump ever? |
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seldon
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April 29, 2014, 09:08:54 AM |
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Confirmed. Worst dump ever.
Isnt it the worst pump ever? They tried both at once.. didn't work. |
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Ultros
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April 29, 2014, 09:10:13 AM |
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Panic hold'd in this roller coaster.
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joburgtaxi
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April 29, 2014, 09:13:09 AM |
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Oh man I am feeling so disillusioned with BTC at the moment just seems to be going one way and never comes back to the last consolidation/support level. Waiting for my break even price (if it ever comes) then I am outta here!!!
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edwardspitz
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April 29, 2014, 09:16:41 AM |
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how do you guys pronounce Huobi ? I will call it FIRE COIN from now on.... They drop it like it's hot  |
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TERA
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April 29, 2014, 09:22:43 AM |
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Oh man I am feeling so disillusioned with BTC at the moment just seems to be going one way and never comes back to the last consolidation/support level. Waiting for my break even price (if it ever comes) then I am outta here!!!
You are using a self defeating strategy that is impossible to win with. 1. If the downtrend continues, it will never reach your break even point while the downtrend is in force and you will hold on to a losing position indefinitely. 2. If your break even point is reached, that will mean that the downtrend has broken and it will be an uptrend, meaning it will be a terrible time to sell. The only good moves are: a. Commit to your position as a long term holding. b. Sell now or at some point along the downtrend ceiling, taking a small loss. Then buy back later if/when the trend is confirmed to be reversed. |
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freebit13
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April 29, 2014, 09:24:00 AM |
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Oh man I am feeling so disillusioned with BTC at the moment just seems to be going one way and never comes back to the last consolidation/support level. Waiting for my break even price (if it ever comes) then I am outta here!!!
My break-even price is $0, so I'm gonna be around here for a while  |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 29, 2014, 09:25:39 AM |
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I don't claim to be an expert in any of these various economic theories, but there seems to be some sense in what BJA is saying - apart from his having to feel some kind of irresistible urge to dish out insults regarding the competency and/or intelligence of regular people.
I do believe that the status quo wealthy will put up quite a bit of a battle in any redistribution of wealth attempts in order that redistribution of wealth is only minimum..
In other words the status quo wealthy use any tools at their disposal by hook or by crook to ensure that redistribution of wealth does NOT leave them hanging high and dry. They may NOT be too successful with bitcoin b/c the train may leave some of them, but they are going to put up several obstacles along the way and secretly board at later stops.
I think it is quite possible bordering on probable that I am one of the incompetents I am referring to. It's not intended as an insult. It's just part of the theory. Part of my issue, though, in your framing in competence and/or intelligence is that it seems to assume too much about the wealthy being competent or smart. Just b/c someone has a lot of power and/or resources at his/her disposal and wants to engage in a large variety of strategies to maintain the status quo and to preserve that wealth and those resources does NOT mean that the person is smarter or more competent.. even though the one with the resources and wealth may win (in spite of not being smarter or more competent). |
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joburgtaxi
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April 29, 2014, 09:25:48 AM |
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Oh man I am feeling so disillusioned with BTC at the moment just seems to be going one way and never comes back to the last consolidation/support level. Waiting for my break even price (if it ever comes) then I am outta here!!!
You are using a self defeating strategy that is impossible to win with. 1. If the downtrend continues, it will never reach your break even point while the downtrend is in force and you will hold on to a losing position indefinitely. 2. If your break even point is reached, that will mean that the downtrend has broken and it will be an uptrend, meaning it will be a terrible time to sell. The only good moves are: a. Commit to your position as a long term holding. b. Sell now or at some point along the downtrend ceiling, taking a small loss. Then buy back later if/when the trend is confirmed to be reversed. Thanks for the pick me up, I know what you are saying makes sense however my break even point ($575) seems so far away and just getting further everyday, in retrospect was a really stupid place to buy at but what is done is done. |
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