RUEHL
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May 20, 2014, 10:55:21 PM Last edit: May 21, 2014, 01:46:42 AM by RUEHL |
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I guess this might also be the reason why BTC-E is so much lower, and they have asks between 100-500BTC that get refilled quickly all the time since a week. BTC-E for now might seem as the last safe place to cash out criminals money. Also the reason why LTC hasn´t been pumped that much.
The reason is because the high fees to fund btc-e accounts. Payeer (btc-e payment processor) Visa/MC fees are $7.50 per hundred USD -- so $15 for two hundred, and so on... That's about 35 BTC basis points added per $100 USD purchased. Probably similar for other countries. It's fast though, MasterCard funds can be transferred into Payeer then btc-e in minutes. Bank transfers into btc-e kinda risky I hear and can take over a month. Coinbase may quote couple dollars higher than Bitstamp, but it is way cheaper than btc-e.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 20, 2014, 11:00:41 PM |
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David M
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May 20, 2014, 11:04:21 PM |
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Steady Bitcoin, Steady.... You have crossed the quarterly trend. There is no rush to take out the yearly. Then you can enter the envelope before you have another crack at the title. 
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Davyd05
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May 20, 2014, 11:16:11 PM |
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Chessnut where are you..its time to float  edit: Gloat  edit2: China seems to waking up early to this reaction ..as the next round of buying might begin...we may see how strong the market is trully feeling.
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wachtwoord
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May 20, 2014, 11:31:20 PM |
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Chessnut where are you..its time to float  edit: Gloat  
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dreamspark
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May 20, 2014, 11:40:24 PM |
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Wonder if there will be a significant amount of fiat heading the exchanges way tomorrow... My guess would be a fair bit will be sent at least in preparation.
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ampere9765
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May 20, 2014, 11:46:06 PM |
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Wonder if there will be a significant amount of fiat heading the exchanges way tomorrow... My guess would be a fair bit will be sent at least in preparation.
In my mind, there is absolutely no shortage of fiat on exchanges. There has been many, many millions sitting on the sidelines for months. Question is -- is now the time? 
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TooDumbForBitcoin
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May 20, 2014, 11:52:11 PM |
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fonzie is back!!!
The genesis block of the ignorechain has been double spent as a hard-coded checkpoint!
The only explanation for this is the recent price breakout.
[ANN] Anyone quoting Fonzie will go into the ignorechain with zero confirmations.
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ChartBuddy
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May 21, 2014, 12:00:41 AM |
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mymenace
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Smile
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May 21, 2014, 12:08:17 AM |
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nothing new here move along I found this funny when people were bashing fontas due to his trading practices I saw nothing different between the way politicians, bankers, brokers, investors and traders conducted themselves compared to fontas except one thing fontas gave the average person an opportunity to participate in these dealings
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JorgeStolfi
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May 21, 2014, 12:59:34 AM |
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We are witnessing the exodus of coins from chinese exchanges before they finally get shut down for good.
You mean the rally was caused by this post of mine: My question about revenue is serious. A Chinese article from a week or two ago seemed to claim that their revenue came mostly from fees of leverage trading (i.e. interest from lending money/bitcoins to traders) and from inside trading at their own exchanges. The former must have bothered the government, the latter may have angered normal customers. In the "five exchanges" announcement they apparently promised to clean up their act, and they do seem to have stopped leverage trading. Does that mean that they are now living off their stored fat?
You'll are welcome. 
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ChartBuddy
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May 21, 2014, 01:00:42 AM |
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bitcoinsrus
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May 21, 2014, 01:02:10 AM |
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Chart buddy, you know you miss adding those post 500 charts. Don't worry they should be soon 
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nanobrain
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Dumb broad
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May 21, 2014, 01:16:49 AM |
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I saw nothing different between the way politicians, bankers, brokers, investors and traders conducted themselves compared to fontas except one thing fontas gave the average person an opportunity to participate in these dealings lose their money FTFY  Your logic seems to be its great that both crypto and forex are open to shady manipulators. So much for the great ideals of libertarianism 
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ChrisML
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May 21, 2014, 01:19:08 AM |
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SUMTIN WONG WITH PLICE!!!1!1! "F you China." Not a single fuck is given, anymore. Ciao 
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derpinheimer
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May 21, 2014, 01:19:31 AM |
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COME ON BSTAMP! BREAK $500.. CHINA WANTS CONFIRMATIONNNN
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dreamspark
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May 21, 2014, 01:21:00 AM |
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COME ON BSTAMP! BREAK $500.. CHINA WANTS CONFIRMATIONNNN
Its happening, all in good time.  Lets see if we get some juicy buy walls with some fresh fiat.
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cAPSLOCK
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May 21, 2014, 01:22:59 AM |
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We are witnessing the exodus of coins from chinese exchanges before they finally get shut down for good.
You mean the rally was caused by this post of mine: My question about revenue is serious. A Chinese article from a week or two ago seemed to claim that their revenue came mostly from fees of leverage trading (i.e. interest from lending money/bitcoins to traders) and from inside trading at their own exchanges. The former must have bothered the government, the latter may have angered normal customers. In the "five exchanges" announcement they apparently promised to clean up their act, and they do seem to have stopped leverage trading. Does that mean that they are now living off their stored fat?
You'll are welcome.  With due respect Jorge... you had nothing to do with this rally. ")
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mymenace
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Smile
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May 21, 2014, 01:23:16 AM |
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I saw nothing different between the way politicians, bankers, brokers, investors and traders conducted themselves compared to fontas except one thing fontas gave the average person an opportunity to participate in these dealings lose their money FTFY  Your logic seems to be its great that both crypto and forex are open to shady manipulators. So much for the great ideals of libertarianism  no just a realist, do not agree at all with the shady dealings of politicians, bankers, brokers, investors and traders a thunderous applause this is what the death of the great ideals of libertarianism sounds like watch the world manipulate you into achieving goals that get moved every 5 years out of your reach
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