blaaaaacksuit
Sr. Member
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Activity: 280
Merit: 250
Who cares?
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August 20, 2014, 05:31:13 AM |
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Which exchange will start the dump this time?
stamp is the only one left. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 20, 2014, 05:34:52 AM |
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barbs
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August 20, 2014, 05:37:54 AM |
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I don't get it but hey holding to the bottom at this point have lost so much money I'm not giving my coins away to these sharks
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adamstgBit
Legendary
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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August 20, 2014, 05:49:59 AM |
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who votes 10 in a time like this?! ( pretty sure you're doing it right... )  |
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edwardspitz
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August 20, 2014, 05:56:09 AM |
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I guess I was completely wrong that there was a chance of going up from $480  How much of the Stamp ask wall was bought before the dumping started? |
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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August 20, 2014, 05:56:33 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
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Peter R
Legendary
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Activity: 1162
Merit: 1014
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August 20, 2014, 05:58:53 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Good to see you Billy Joe Allen! Welcome back!! |
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edwardspitz
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August 20, 2014, 05:59:08 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
It's been a while. Welcome back! |
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ChartBuddy
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 20, 2014, 05:59:33 AM |
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av123
Member
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Activity: 98
Merit: 10
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August 20, 2014, 06:04:04 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Welcome back. |
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Hunyadi
Legendary
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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August 20, 2014, 06:14:28 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Nice! I was wondering where have you gone. |
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Probability
Newbie
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Activity: 8
Merit: 0
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August 20, 2014, 06:29:11 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Are you saying that because of this crash the next 'bubble' is going to be epic? |
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aminorex
Legendary
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Activity: 1596
Merit: 1030
Sine secretum non libertas
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August 20, 2014, 06:31:46 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
You can try to low ball it, but if you aren't willing to wait for lightning to strike (as e.g. lowballing on bfx and btce for a squeeze) anything under 460 is a buy. |
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medialab101
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August 20, 2014, 06:36:36 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Are you saying that because of this crash the next 'bubble' is going to be epic? He's saying that if people feel that things couldn't be worse (capitulation) and enough people betting against BTC (shorting) suddenly find themselves getting burned when the price suddenly spikes up, these are the perfect conditions for the next big rally. Historically the previous rallies have all begun like this. |
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TalkingBit
Newbie
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Activity: 42
Merit: 0
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August 20, 2014, 06:37:08 AM |
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Someone is definatelly dumping A LOT of coins. But I don't think it's manipulation now. Just someone with a lot of coins to dump, look at the 1k ask wall at 2940 on HooBoy and he dumped few k to bring it down accross major exchanges. If someone is willing to give up coins at these prices i'll gladly take as many as i can  Looks like the overall sentiment is that bitcoin is undervalued and market wants to go up. BFX longs lost 12MM or 30% (i think BFX did an amazing job controlling that avalanch), and shorts are up by like 2k BTC. All indicators are pointing up, lets see how many coins Mr Dump has, if it's Gox's coins this might take a while |
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Grownwithbtc
Newbie
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Activity: 59
Merit: 0
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August 20, 2014, 06:38:52 AM |
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The prices have started to become more predictable now, hopefully someone does not dump BTC worth millions again..
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TalkingBit
Newbie
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Activity: 42
Merit: 0
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August 20, 2014, 06:42:55 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Are you saying that because of this crash the next 'bubble' is going to be epic? He's saying that if people feel that things couldn't be worse (capitulation) and enough people betting against BTC (shorting) suddenly find themselves getting burned when the price suddenly spikes up, these are the perfect conditions for the next big rally. Historically the previous rallies have all begun like this. BFX's shorts just shot up to only 7.5kBTC or just about 3.5MM which is only a small portion compared to longs at 18MM. Wake me up when shorts get to 30k BTC |
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Probability
Newbie
Offline
Activity: 8
Merit: 0
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August 20, 2014, 06:43:29 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Are you saying that because of this crash the next 'bubble' is going to be epic? He's saying that if people feel that things couldn't be worse (capitulation) and enough people betting against BTC (shorting) suddenly find themselves getting burned when the price suddenly spikes up, these are the perfect conditions for the next big rally. Historically the previous rallies have all begun like this. Yeah, that makes sense to me. Does this make sense as well: there's a long squeeze going on and it might help a future rally (in addition to the short squeeze) because it leaves a lot of deep pocketed btc-believers on the sidelines, some with significant losses? (recent margin calls on btc-e could be an example of this?) |
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Newbie1022
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August 20, 2014, 06:45:22 AM |
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I have a fleeting suspicion that the next margin that will be hunted will be LTCs rather than BTCs... I'd imagine more than a few people went long on LTC because they figured its short-term bounce back would be a greater percentage than BTC.
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Newbie1022
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August 20, 2014, 06:47:24 AM |
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I had to take three months off when the train left without me, but I'm back, Baby. I still have the cash from when i foolishly dumped and now I'm ready to get back in the game asoon and this next crash makes it cheap enough. This many shorts get squeezed when it's over and it'll go to up like a rocket, but it's likely to get worse before it gets better.
Are you saying that because of this crash the next 'bubble' is going to be epic? He's saying that if people feel that things couldn't be worse (capitulation) and enough people betting against BTC (shorting) suddenly find themselves getting burned when the price suddenly spikes up, these are the perfect conditions for the next big rally. Historically the previous rallies have all begun like this. BFX's shorts just shot up to only 7.5kBTC or just about 3.5MM which is only a small portion compared to longs at 18MM. Wake me up when shorts get to 30k BTC A short is a much harder bet with incalculable loss risk and we are already fairly low... so I'd say 7.5k BTCs means a pretty strong belief... it's certainly not bullish. |
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