manfred
Legendary
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Activity: 966
Merit: 1001
Energy is Wealth
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June 17, 2014, 09:26:50 PM |
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Evidence... not supporting... chosen hypothesis... must... ignore... Suit yourself... meanwhile I have diversified to reduce risk: half of my investment in cryptocoins is now in Bitcoin, half in Monero, and half in Dogecoin. I always have 3 half's too after a long night out
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ShroomsKit
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June 17, 2014, 09:31:02 PM |
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Mt bitfinex loans slowing churning out more cash. Yum YUm YUm
I have never looked into this. At what % do people use your coins?
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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June 17, 2014, 09:32:06 PM |
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You get a lot more interest on dollars than coins.
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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June 17, 2014, 09:37:16 PM |
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Nice! Looks like we have crossed through the $600s again...hopefully we can keep it above there this time
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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June 17, 2014, 09:40:58 PM |
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Snip
That's what he said about you. I can't tell the difference. Please don't quote the 'real' Jorge either. Most people here consider him a troll. Yeah... that's where the "don't quote trolls" rule kinda falls apart. You might not like jorge's posts, and I'd agree that he's stubborn as hell, but if he's a troll, he's probably the most polite and educated one you'll find in here. So I respond to him. So, I'm afraid, you will occasionally see a post of his as a quote in one of my posts.
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Ivanhoe
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June 17, 2014, 09:46:54 PM |
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Litecoin is being dumped hard for bitcoin at the moment.
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Dragonkiller
Sr. Member
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Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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June 17, 2014, 09:47:13 PM |
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Snip
That's what he said about you. I can't tell the difference. Please don't quote the 'real' Jorge either. Most people here consider him a troll. Yeah... that's where the "don't quote trolls" rule kinda falls apart. You might not like jorge's posts, and I'd agree that he's stubborn as hell, but if he's a troll, he's probably the most polite and educated one you'll find in here. So I respond to him. So, I'm afraid, you will occasionally see a post of his as a quote in one of my posts. I see your responses to his points, which are often ignored. Why do you bother? I honestly don't understand. I didn't consider him a troll at first, but after six months, unfortunately I just can't take it anymore. Fuck politeness. Why does someone invest so much time into something they have no belief in? Is his life really that sad?
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Bitcoin_is_here_to_stay
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June 17, 2014, 09:48:15 PM |
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Looks like there will be soon a third failed attempt to go over $610 on Bitstamp. On the other hand, $540-560 on the downside should hold. Another couple weeks of a narrowing sideways trading?
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faalhaas
Newbie
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Activity: 42
Merit: 0
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June 17, 2014, 09:49:35 PM |
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Looks like there will be soon a third failed attempt to go over $610 on Bitstamp. On the other hand, $540-560 on the downside should hold. Another couple weeks of a narrowing sideways trading?
I'm a bull but I think this will happen till we got some news from the btc sell off.
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Bitcoin_is_here_to_stay
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June 17, 2014, 09:51:05 PM |
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Litecoin is being dumped hard for bitcoin at the moment.
NXT is falling even more, not to talk about blackcoin and doge seems to be dying. Does not look very bullish, more like run to the safety of bitcoin more associated with a bear market?
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Bitcoin_is_here_to_stay
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June 17, 2014, 09:53:17 PM |
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Looks like there will be soon a third failed attempt to go over $610 on Bitstamp. On the other hand, $540-560 on the downside should hold. Another couple weeks of a narrowing sideways trading?
I'm a bull but I think this will happen till we got some news from the btc sell off. They are selling relative small amount of btc, but you are probably right that psychological effect is disproportionate. Wondering if this rally was a gigantic bull trap? I would be very surprised, but otoh market seems out of steam already and volume remains thin ...
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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June 17, 2014, 09:53:31 PM |
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It's a horrible time to be hodling LTC.
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TERA
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June 17, 2014, 09:55:00 PM |
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Looks like there will be soon a third failed attempt to go over $610 on Bitstamp. On the other hand, $540-560 on the downside should hold. Another couple weeks of a narrowing sideways trading?
I'm a bull but I think this will happen till we got some news from the btc sell off. Who cares about the silk road auction. It is only 30,000btc or a measy 0.22% of all bitcoins. a 0.22% supply increase should not affect the price in a significant way. Especially since it's being done privately.
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Globb0
Legendary
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Activity: 2674
Merit: 2053
Free spirit
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June 17, 2014, 09:55:52 PM |
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MatTheCat
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June 17, 2014, 09:56:10 PM |
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Looks like there will be soon a third failed attempt to go over $610 on Bitstamp. On the other hand, $540-560 on the downside should hold. Another couple weeks of a narrowing sideways trading?
Yep...Wally the Wall guy seems to have popped up at the 11th hour with a 360 BTC strong wall just below $610 on Stamp. Buying pressure hasn't been that strong since the bounce up from the bottom and there is negative divergence all over the 4hr chart indicators. Traders are likely to be very cautious. With that said, just had crossover on the 1 day KDJ, the 1 day StochasticRSI, is moving up from it's oversold state and the RSI is looking like there is only one direction for it to go. MacD looks like it is moving towards a crossover also. Edit: Wall guy has just split his sell order into 3 chunks of 100+ BTC, to avoid arousing suspicions no doubt.
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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June 17, 2014, 09:56:12 PM |
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Looks like there will be soon a third failed attempt to go over $610 on Bitstamp. On the other hand, $540-560 on the downside should hold. Another couple weeks of a narrowing sideways trading?
I'm a bull but I think this will happen till we got some news from the btc sell off. Who cares about the silk road auction. It is only 30,000btc or a measy 0.22% of all bitcoins. a 0.22% supply increase should not affect the price in a significant way. Especially since it's being done privately. Precisely. This does nothing except to add to the legitimacy and reality of bitcoin.
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hyphymikey
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June 17, 2014, 09:58:26 PM |
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I think some of the whales are taking it easy until the end of the month. I think all the losers of the auction for the SR coins will be buying on and off market soon after, and get in the game before it is too late. At that time I think its safe to say they will start the rocket; no need to jump the gun and waste fuel in the meantime.
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fonzie
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June 17, 2014, 09:58:55 PM |
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I don´t want to worry the bulls, but i can clearly see us going to 650-700$ by Monday. I´m all in and leveraged long since 560$.
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 17, 2014, 10:00:55 PM |
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TERA
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June 17, 2014, 10:02:51 PM |
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I don´t want to worry the bulls, but i can clearly see us going to 650-700$ by Monday. I´m all in and leveraged long since 560$. Is it really profitable to hold leveraged positions like that when the market is moving so slowly, with the ridiculous interest rates on bitfinex? I would have sold the leveraged portion of the position at $610 and then re-taken it whenever a breakout is confirmed. How is that interest treating you?
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