ShroomsKit
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August 19, 2014, 12:32:50 PM |
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How disappointing. Turns out the constant "cheap coins" yellers have no money after all with which to buy a bounce. Everyone has been 'all in' since June. I think the price is being kept low to encourage wall street to buy into the eft later this year This is one of the silliest excuses i've been seeing since early this year.
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SirChiko
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Activity: 966
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August 19, 2014, 12:34:37 PM |
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Do you guys think we will head back up? Or are we doomed? :/
Both not. But speaking in perspective of the typical bitcoiner I would say: We are doomed Oh i see...it did seem like we are going up for a while but it's -10$ again :/
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Schickeria
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August 19, 2014, 12:46:08 PM |
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Do you guys think we will head back up? Or are we doomed? :/
Both not. But speaking in perspective of the typical bitcoiner I would say: We are doomed Oh i see...it did seem like we are going up for a while but it's -10$ again :/ Oh, seems like you are referring to the 1 minute chart. Watching it from this point of view I've no clue, could even go to the moon
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Junkbarman
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August 19, 2014, 12:48:09 PM |
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Just one more reason to buy Do you guys think we will head back up? Or are we doomed? :/
Both not. But speaking in perspective of the typical bitcoiner I would say: We are doomed Oh i see...it did seem like we are going up for a while but it's -10$ again :/ Oh, seems like you are referring to the 1 minute chart. Watching it from this point of view I've no clue, could even go to the moon I thought you were talking to yourself..SirChiko and Schickeria
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 19, 2014, 12:59:33 PM |
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fonsie
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August 19, 2014, 01:08:23 PM |
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Ready for the dead cat bounce to the moon?
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razibuzouzou
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August 19, 2014, 01:10:36 PM |
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There are only $5.72M sitting on Bitstamp's order book - anyone remembers if this is the lowest amount we had on Bitstamp's bid side in 2014? I'm curious... And I kinda miss blockchained.com historical market depth charts, anybody knows where to find historical charts for major exchanges bid/ask figures?
Inevitable plug for http://www.coinorama.net/from me And the answer is, I'm afraid, yes (at least as far as coinorama's history goes) I have months of archives of Bitstamp order book; so I guess could reconstruct the missing values... I'll have a look next week-end if I have a minute or two
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Phillis
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August 19, 2014, 01:21:04 PM |
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thoughts on what is coming next? the market seems indecisive.
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Wandererfromthenorth
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August 19, 2014, 01:21:07 PM |
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You have to take ayahuasca to see a cup'n handle here
I lol'd
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empowering
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August 19, 2014, 01:43:20 PM Last edit: August 19, 2014, 02:16:30 PM by empowering |
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The price may recover, perhaps even in a few days. What will be hard to recover is the credibility of bitcoin, and of bitcoin "experts".
No one saw this dip coming, no one could tell where it would end. No one can tell whether it will stop at 460$, keep falling, or reverse.
No on can explain why it happened. No one can tell for sure even where it was made in China or in the West.
So how could people tell whether and when the price will rise again, and by how much?
The "exponential trend" and the "periodic bubble theory" now seem rather far-fetched. [ ... ]
Hang on a minute... this is Bitcoin we are talking about? the same one as usual right? volatility is not exactly rare... infact I thought it was more than expected by all? ancd the market goes both ways right? I am pretty sure that it goes up down sideways, up down sideways , etc it has done it as long as I have looked... with BTC even more so... I just do not get the surprise.... [ ... ] Seems I was not clear. Sure there has always been volatility, and large drops before, but until two months ago it was "expected volatility" that fitted the grand model: namely, average 1000% growth every year, through a series of bubbles more or less regularly spaced in time. The drop after the November peak was eevn seen as a good thing because it was seen as a repeat of the drop after the April 2013 peak, and thus confirmed that pattern. And the rise from May/20 to Jun/10 and the following plateau recalled what happened from July through the end of September last year. But this drop does not fit that pattern any more. It is not the panic drop from ~125$ to ~85 on Oct/02, that was quicly reversed. Analists were expecting the next bubble a month ago, but instead got a week of almost steady drop that brought the price down to the same level as the bottom of the "2014 Silk-Road-Like Dip". So, what is the grand model now? err sorry but I disagree totally with the litle box you are trying to paint... this is Bitcoin... it is volatile... and it has had prolonged periods of less volatility and sideways... and this is still totally expected... yes people are "expecting" another large move and still are... you assert that because it has not done it yet, this is "unexpected" ..... maybe you are spending too much time in the echo chamber yourself.... I am expecting more movement ...over the next few years... yeah I am still bullish longterm.. and yeah I am still thinking it is possible we get a large move upwards and moves downwards.... nothing has changed... I have been watching this for years now... and Bitcoin is unexpected... Bitcoin does not stick to hard and fast rules... Bitcoin is developiing in many various ways , and with many various avenues and investments etc etc... just because it has not ticked a box that many may have thought would happen already, including it seems you... and yeah maybe even me... does not mean that "it does not fit the pattern any more" 2011? anyone? also I would put it to you that after the few years thus far there is not pattern yet... this is Bitcoin... the same Bitcoin that has been steadily growing since 2009 , with busrts of growth , spats of sideways , spats of longer sideways and huge waves of volatility... I see no real evidence to state this has now "broken a pattern" that sounds to me like you are trying to fit it into your little box to string your narrative along... but sorry Jorge the market is not just going to go poof just because a winding down prof in brazil thinks the pattern is broken. In the BTC that i have been looking at for the past years... yeah I had hoped for a move already... on a personal level that is... that does not mean jack... I really think it is daft to suggest that this is it... and I will remind you of this when we do get the inevitable move upwards, (and then the one following that downwards) one thing I am sure of.. BTC market will continue to move , continue to surprise, continue to grow in many different ways... until it does not... but we are not at the "it is not" point now, we are........ as I am sure people are aware...only at the start of all of this....
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empowering
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August 19, 2014, 01:48:31 PM |
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you have no credibility unless you tell us who you "used to be" which I notice you declined to do...nor the names of the people flocking to you for advice... everything that comes out of your mouth and that of your sockpuppets is total crapola.
if you absorb views from an evil dummy you have only youself to blame, i think. just ignore and save us all some grief. would you listen to 'freddy kruger'? For some reason this "one" got my attention and I wanted to have some fun with the idiot...and you know throw a spanner into his little story for any newbs reading his shyte
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empowering
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August 19, 2014, 01:49:18 PM |
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empowering
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August 19, 2014, 01:50:29 PM |
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I had 90 BTC long at 450 yesterday morning. If that sucker btc-e didn't drop a bollock and called me for half of that bid, I could make a killing today. Instead I lost 15 BTC. Fuck. It was so reasonable to put bids at 450.
leverage is evil
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kurious
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August 19, 2014, 01:54:40 PM |
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Stamp has bids / asks of about 1500 either way to 460 or 500.
So thin! A big buy or sell would move price massively.
Looking thin and fragile.
EDIT: Bids filling a little / asks skinnier.
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empowering
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August 19, 2014, 01:55:44 PM Last edit: August 19, 2014, 02:09:57 PM by empowering |
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Huge 462.9 hidden bid at Finex. Hundreds of coins bought so far.
Hundreds of coins dumped so far... There will be big dumps along the way if bitcoin goes down to $440 and less, Winklevoss twins and Tim Draper could panic sell. I would think that Draper and Winklevii aren't worried about their next meal or their retirement. No need to panic. They, along with GABI, are actually watching all this with some glee. Doesn't hurt any of them and might actually help. Vuduchyld - Even though you are suggesting that neither Draper nor Winklevii are manipulating, you are also stating that they ARE profiting from whatever price lowering and/or manipulating that IS occurring.... In other words, you are implying support for the conspiracy theory which suggests that they have an insider's incentive to manipulate and to make EVEN more money. ftfy hope I did it right
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ChartBuddy
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August 19, 2014, 01:59:33 PM |
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Rampion
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August 19, 2014, 02:01:55 PM |
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There are only $5.72M sitting on Bitstamp's order book - anyone remembers if this is the lowest amount we had on Bitstamp's bid side in 2014? I'm curious... And I kinda miss blockchained.com historical market depth charts, anybody knows where to find historical charts for major exchanges bid/ask figures?
Inevitable plug for http://www.coinorama.net/from me And the answer is, I'm afraid, yes (at least as far as coinorama's history goes) Thanks for that! We are definitely at a 2014 low in terms of fiat on Bitstamp's bid side
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Walsoraj
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August 19, 2014, 02:04:26 PM |
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Does Coinbase still buy from Stamp?
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magicmexican
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August 19, 2014, 02:07:30 PM |
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Shorting LTC at an average of 4.3... feeling pretty damned proud of myself right now. That's seriously an impossible bet to lose
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Torque
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August 19, 2014, 02:09:54 PM |
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Shorting LTC at an average of 4.3... feeling pretty damned proud of myself right now. That's seriously an impossible bet to lose
Can't tell if serious.
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