ChartBuddy
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Activity: 2534
Merit: 2176
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 16, 2014, 02:59:38 PM |
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fonzie
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August 16, 2014, 03:01:53 PM |
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If any whales were@play on the exchanges in the last time, then they were those who built up those buy walls you were sellin into. They reserved the "market buy" option as behavior for the fishies in the next months.
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abercrombie
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Activity: 1159
Merit: 1001
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August 16, 2014, 03:02:58 PM |
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wow, real headfake this morning. bull trap.
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Torque
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Activity: 3822
Merit: 5504
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August 16, 2014, 03:08:42 PM |
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wow, real headfake this morning. bull trap.
No, you better not say (er, observe and be right about) that, lest you want a bunch of people on this thread jumping down your throat and calling you a troll. |
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fonzie
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August 16, 2014, 03:10:29 PM |
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wow, real headfake this morning. bull trap.
No, you better not say (er, observe and be right about) that, lest you want a bunch of people on this thread jumping down your throat and calling you a troll. Stop fooling everyone you stupid troll!  |
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derpinheimer
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Activity: 896
Merit: 1000
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August 16, 2014, 03:10:41 PM |
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This looks like it might get nasty again. But... I still say buy! Bulltrap will get bigger first.
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Torque
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Activity: 3822
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August 16, 2014, 03:19:12 PM
Last edit: August 16, 2014, 03:33:53 PM by Torque |
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I think the market is really trading different from how it used to be. Maybe a certain class of traders packed their bags and left after the MtGox fraud? It just seems that there's no more real weight (as in volume and velocity) behind bounces after a sell-off. I'd love to see some of that come back..
Also consider that many of those traders had to walk away *without* their bags. It wasn't Bitcoins fault but if I had been Goxxed, I might shy away from Bitcoin for the taste it left in my mouth. If I may posit another plausible theory: I think it's a hell of a lot easier to create a bubble on a single exchange that had something like 80% of the trading market, than the 15+ exchanges we have worldwide today. Especially since a large number of those whale traders back then were concentrated on Mt Gox, and were probably colluding and working together to push the price up (Some of them reading this thread right now, hehe). Couple that with god knows what insider trading shenanigans and bots that Karpeles was running on that abomination of an exchange (to fake demand), likely trying hard to replace all the lost/stolen bitcoin, and China going bananas, and I think you have a perfect storm. Would be much harder to recreate the same today. Especially with all the shorting and arbitrage, that didn't exist back in fall of 2013. |
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Dotto
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Activity: 981
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No maps for these territories
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August 16, 2014, 03:23:12 PM |
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No bulltrap, just tons of microtrading oscillating the price. I wouldn´t surprise for a inminent big move up or down, however
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Norway
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August 16, 2014, 03:36:13 PM |
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Hi guys! This is my first post here. I have been reading this thread for some time now. I am not a day trader, so the stuff you write here is not relevant to me. But... I just have to read your shit anyway. I like the humor & action, he he. So it is relevant to me. Stupid me.... ;-) That's why I selected this place to publish a simple mathematical model of how Bitcoin price can evolve over time. Don't kill me because the numbers in my formula are off. Just adjust & use. Kill me because the formula is wrong, he he ;-)  |
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fonzie
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August 16, 2014, 03:40:38 PM |
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I can smell snake oil in here.
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InstantBitcoin
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Activity: 84
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+░░+Legendary Bitcoiner+░░
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August 16, 2014, 03:59:11 PM |
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Anyone else excited for Syscoin release today? Only few hours away. I had the chance of previewing the code and its def one to watch for!
Anything in particular of interest beyond there being a chance of it being open source? hey bud!~ check this out!!! >> https://www.youtube.com/watch?v=B6d4Xuzus94#t=39  #ot: sebuh should be out of the hospital soon!? ... we keep him in our prayers :\ |
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ChartBuddy
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Activity: 2534
Merit: 2176
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 16, 2014, 03:59:36 PM |
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thefunkybits
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Activity: 1218
Merit: 1000
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August 16, 2014, 04:00:43 PM |
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4HR. MACD crossover confirmed Rocket incoming! |
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InstantBitcoin
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August 16, 2014, 04:02:36 PM |
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4HR. MACD crossover confirmed Rocket incoming! = looking like 97% scam right now!  |
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stereotype
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Activity: 1554
Merit: 1000
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August 16, 2014, 04:05:03 PM |
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4HR. MACD crossover confirmed Rocket incoming! = looking like 97% scam right now! Why not 98%? |
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thefunkybits
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Activity: 1218
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August 16, 2014, 04:06:36 PM |
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4HR. MACD crossover confirmed Rocket incoming! = looking like 97% scam right now! I hope you have your coins....$550 will be reached today |
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InstantBitcoin
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August 16, 2014, 04:06:53 PM |
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4HR. MACD crossover confirmed Rocket incoming! = looking like 97% scam right now! Why not 98%? 96.5% ;-) |
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InstantBitcoin
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August 16, 2014, 04:08:01 PM |
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4HR. MACD crossover confirmed Rocket incoming! = looking like 97% scam right now! I hope you have your coins....$550 will be reached today "...bitcoin is a fad!..." ~per:~ early adopter on August 14 2014 |
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fonzie
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August 16, 2014, 04:09:58 PM |
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I´m almost 100% sure that all of those smallish investors that sold their Bitcoins on Stamp or China in the last weeks will withdraw their money and invest it in e.g. U.S. bonds. Therefore the value of BTC will probably go near 0-1$
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InstantBitcoin
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August 16, 2014, 04:12:20 PM |
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I´m almost 100% sure that all of those smallish investors that sold their Bitcoins on Stamp or China in the last weeks will withdraw their money and invest it in e.g. U.S. bonds. Therefore the value of BTC will probably go near 0-1$
stfu^ $100 should hold!!! ~jmho~  |
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