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TheJuice
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July 22, 2014, 11:12:33 AM |
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I didnt understand the Bitfinex FUD in the first place, it didnt apply to open orders, just new ones so how was that supposed to have caused a mass sell off? What was the finex update? I've just been supplying swap for months. Probably should check on that. |
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Sandia
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July 22, 2014, 11:15:08 AM |
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That is 1) a great example of making a chart to fit your bias, 2) simply the worst chart I have ever seen. It is hard to believe DanV has followers. |
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fonzie
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July 22, 2014, 11:16:43 AM |
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The good thing about the bitfinex leverage decreasing is that we will probably see soon a huge oversupply of swap. If we get another uptrend i assume that at least 25-40% from the lenders money will be used to buy BTC on Finex, or maybe even more if the swap rates should go down to a not really worthwile rate.
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dnaleor
Legendary
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Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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July 22, 2014, 11:21:25 AM |
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Decision time is coming: Blue wedge will close at the end of july  Red wedge is closing as we speak  Up or down? I'm (always) long  |
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ShroomsKit
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July 22, 2014, 11:25:44 AM |
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Decision time is coming:
Again? The 15th time in the last 4 weeks. Works well drawing lines on a chart. |
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empowering
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Activity: 1078
Merit: 1441
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July 22, 2014, 11:29:40 AM |
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empowering
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Activity: 1078
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July 22, 2014, 11:54:47 AM |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 22, 2014, 12:00:09 PM |
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DjPxH
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July 22, 2014, 12:36:12 PM |
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Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?
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600watt
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Activity: 2338
Merit: 2106
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July 22, 2014, 12:54:09 PM |
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Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?
it was overdue... at least once in 24 hrs... |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 22, 2014, 01:00:10 PM |
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dreamspark
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July 22, 2014, 01:40:11 PM |
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Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?
it was overdue... at least once in 24 hrs... Rubbish dump, not even $.5mm. Said for weeks the bears are getting rubbish at this dumping business, they used to be much more effective. |
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dnaleor
Legendary
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Activity: 1470
Merit: 1000
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July 22, 2014, 01:52:34 PM |
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I really think we this is "the calm before the storm"   65 USD ~ 340 USD 85 USD ~ 450 USD 100 USD ~ 545 USD 115 USD ~ 550 USD 135 USD ~680 USD |
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DjPxH
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July 22, 2014, 01:53:27 PM |
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Like I said, we're not allowed to leave the 615-625 corridor as of now. Someone is paying attention, that we remain here forever. Was this dump just another dump from someone whou couldn't postpone it any further or have there been some news?
it was overdue... at least once in 24 hrs... Rubbish dump, not even $.5mm. Said for weeks the bears are getting rubbish at this dumping business, they used to be much more effective. They better do that if they intend to move the market. But the Bulls aren't exactly powerful, either. The trains have gotten weaker and weaker. We'll need to wait for fall, I guess? |
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Torque
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Activity: 3556
Merit: 5041
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July 22, 2014, 01:55:39 PM |
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I really think we this is "the calm before the storm"
Calm before the stormTM
Next few [hours/days/weeks] are criticalTM
SoonTM  |
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DjPxH
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July 22, 2014, 01:58:37 PM |
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I really think we this is "the calm before the storm"
Calm before the stormTM
Next few [hours/days/weeks] are criticalTM
SoonTM Don't jinx it! This isn't BFL-land The bubbles are much more probable than them delivering according to their promises!  |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 22, 2014, 02:00:10 PM |
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aminorex
Legendary
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Activity: 1596
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Sine secretum non libertas
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July 22, 2014, 02:05:19 PM |
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Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?
If not, let's assume it is so. If there is a 50% chance of listing by November 8th, and the best estimator of the February 8th price without COIN is the current price, then the expected gain by 8 Feb is 50%.
That's roughly 100% annually. It is a very very low estimate of the expectation of holding. It may underestimate holding time however.
If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.
In other words, I'm done accumulating BTC for a while. (Still working on XMR though.)
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DjPxH
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July 22, 2014, 02:08:39 PM |
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If you know anyone who can do without some non-zero amount of cash today, with the expectation of a 50% gain by 8 Feb, you should inform them, or you are no friend.
Ha, I understand what you're saying, but these things are mere conjectures. They're no facts, yet. Bitcoin remains a high-risk investment vehicle. We don't even know if the Winklevosses will be successful. A failure of their enterprise may push BTC back quite a bit because institutional money will get cautious. I'd really like to know some educates guesses on when COIN really launches! |
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