YipYip
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May 27, 2014, 12:38:34 PM |
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I think this is only the beginning of the uptrend.
Most of us know nobody can predict the future, but after watching the 2014 MIT Bitcoin Conference videos on YouTube I still see a lot of smart and successful people saying they believe and are building companies to support bitcoin and are personally investing. Richard Branson investing $30 M recently in BitPay adds to that. I personally have purchased about 20 BTC lately at prices between 4 and 5 hundred as an investment and mine about 3 BTC a month. But it's a small part of my overall investments.
To add a little humility, I also rewatched the guy in 2013 pushing Mt. Gox as the greatest thing that ever happened, recommending everyone open an account, and predicting 1 BTC would be worth $20,000 in 2014.
The more I learn about bitcoin, the more I'm impressed by its potential. Some is based on logic; some is faith.
I believe back over $1k/BTC by end of year.
Get some skin in the game youngling
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dreamspark
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May 27, 2014, 12:39:47 PM |
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I'm going in Tera mode for now. Too much resistance. Bid wall removed. Dump incoming. Back to 550   Big shiny gold star for this one shroomsy, and you said you were a bad trader
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ShroomsKit
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May 27, 2014, 12:41:33 PM |
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I'm going in Tera mode for now. Too much resistance. Bid wall removed. Dump incoming. Back to 550   Big shiny gold star for this one shroomsy, and you said you were a bad trader Haha thanks. This only works when i don't put money on it.
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Krabby
Sr. Member
  
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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May 27, 2014, 12:43:53 PM |
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Stop order on the way down, stop order on the way up. +/- = 0% 
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RandomPedestrianN9
Member

Offline
Activity: 84
Merit: 10
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May 27, 2014, 12:54:35 PM |
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Pump and dump.
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ChartBuddy
Legendary
Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 27, 2014, 01:00:35 PM |
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blatchcorn
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May 27, 2014, 01:04:27 PM |
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Pump and dump.
The only two certainties with bitcoin 
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JimboToronto
Legendary
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Activity: 4494
Merit: 5813
You're never too old to think young.
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May 27, 2014, 01:08:08 PM |
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Pump and dump.
LOLOLOLOL hahahahahaha 
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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May 27, 2014, 01:10:23 PM |
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i'm not quoting fonzie but he's actually right about bitfinex
But if some people lost a lot on margin calls,mother people gained just as much right? That's how the market works, someone gains, someone loses. So the people who lent money to margin traders would have made a killing right? And they could potentially invest (part of) that money into bitcoin, right? Or do I miss something?
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ShroomsKit
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May 27, 2014, 01:13:50 PM |
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Aaaaand dump!
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Krabby
Sr. Member
  
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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May 27, 2014, 01:15:55 PM |
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dreamspark
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May 27, 2014, 01:25:21 PM |
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i'm not quoting fonzie but he's actually right about bitfinex
But if some people lost a lot on margin calls,mother people gained just as much right? That's how the market works, someone gains, someone loses. So the people who lent money to margin traders would have made a killing right? And they could potentially invest (part of) that money into bitcoin, right? Or do I miss something? I think you missed the bit where all Teppino was saying is that Fonzie is right in that Bitfinex was down at the time. Not to all his other perma-bear/ uber-troll posts. I doubt many people would have lost a lot on margin calls as when the site went down trading stopped, its not like you couldn't close a position while the market still moved. So the market was in exactly the same position when it opened as when it closed so no calls happened at a time you couldn't have closed them.
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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May 27, 2014, 01:56:57 PM |
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Dump wave2.. let's hope it's weak.
Ps why the dumps?bfx manipulation?
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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May 27, 2014, 01:59:46 PM |
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why the dumps?
its dump day!  sell me your coins! sell me ALL your coins! sell me ALL your coins ALL AT ONCE! 
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ChartBuddy
Legendary
Online
Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 27, 2014, 02:00:36 PM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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May 27, 2014, 02:01:20 PM |
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if we test the low again, i'm gonna get a few thousand bits.
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dreamspark
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May 27, 2014, 02:04:17 PM |
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if we test the low again, i'm gonna get a few thousand bits.
Which low ? $340?
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
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May 27, 2014, 02:04:54 PM |
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if we test the low again, i'm gonna get a few thousand bits.
Which low ? $340? no 24hr low i'm a buyer right below that
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cbutters
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May 27, 2014, 02:05:30 PM |
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So we make a $150 move upwards, then retrace ONLY $30 back, and everyone is calling for new lows again? Are you guys mental?
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Teppino
Full Member
 
Offline
Activity: 139
Merit: 100
bitcoin hates walls
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May 27, 2014, 02:06:12 PM |
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i'm not quoting fonzie but he's actually right about bitfinex
But if some people lost a lot on margin calls,mother people gained just as much right? That's how the market works, someone gains, someone loses. So the people who lent money to margin traders would have made a killing right? And they could potentially invest (part of) that money into bitcoin, right? Or do I miss something? I think you missed the bit where all Teppino was saying is that Fonzie is right in that Bitfinex was down at the time. Not to all his other perma-bear/ uber-troll posts. I doubt many people would have lost a lot on margin calls as when the site went down trading stopped, its not like you couldn't close a position while the market still moved. So the market was in exactly the same position when it opened as when it closed so no calls happened at a time you couldn't have closed them. Yep, i have fonzie on ignore myself but i sometimes peek on troll posts nevertheless  I'm far from achieving that zenlike emotional detach from market, therefore i can stand trolls only in bullish times
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