ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 11, 2014, 05:59:07 AM |
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Chuckee
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Activity: 70
Merit: 10
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September 11, 2014, 06:03:54 AM |
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are you ready for $460 again? bitcoin is going nowhere but down... you have been warned since $680. soon we will reach final capitulation. do not buy into any false recoveries and cut your looses before it's too late.
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JayJuanGee
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Activity: 3878
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Self-Custody is a right. Say no to"Non-custodial"
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September 11, 2014, 06:07:37 AM |
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Too many bearish calls on here... i think we are headed up for now as a result.
you are not going to any where but down just like you dropped from $680 to $470 Another day, another new account...it must get wearisome for you. Probably difficult for the depressed troll to attempt to commit suicide by jumping out of his bedroom window in mom's basement.
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Adrian-x
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Activity: 1372
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September 11, 2014, 06:07:44 AM |
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Times are changing - Bitcoin trending ahead of iPhone 6 what next.
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podyx
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September 11, 2014, 06:09:49 AM |
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Times are changing - Bitcoin trending ahead of iPhone 6 what next. holy shit, strap in boys!! this one gonna go hard on the bears though
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JayJuanGee
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Activity: 3878
Merit: 11057
Self-Custody is a right. Say no to"Non-custodial"
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September 11, 2014, 06:13:05 AM |
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Times are changing - Bitcoin trending ahead of iPhone 6 what next. holy shit, strap in boys!! this one gonna go hard on the bears though What's it mean exactly? Is this any kind of meaningful indicator? if so, then you would think that an uptick in price would follow
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podyx
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September 11, 2014, 06:14:36 AM |
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[img]https://i.imgur.com/NRj2BvJh.jpg
Times are changing - Bitcoin trending ahead of iPhone 6 what next.
holy shit, strap in boys!! this one gonna go hard on the bears though What's it mean exactly? Is this any kind of meaningful indicator? if so, then you would think that an uptick in price would follow Well, I guess it's a search engine right and I think alot of people search for iphone 6 so that would mean alot of people are searching for bitcoin which is gonna fuel our bubble Maybe, I make a too big deal of it though
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Wary
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September 11, 2014, 06:51:52 AM |
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Beware, it's Russian one.
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itod
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Activity: 1974
Merit: 1077
^ Will code for Bitcoins
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September 11, 2014, 06:55:34 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat?
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ChartBuddy
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Activity: 2338
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 11, 2014, 06:59:07 AM |
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Asrael999
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September 11, 2014, 07:07:46 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat? If Bitfinex equalised their fees so that the cost of borrowing a bitcoin approached the cost of borrowing USD we might see different price action.
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rebuilder
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September 11, 2014, 07:19:34 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat? If Bitfinex equalised their fees so that the cost of borrowing a bitcoin approached the cost of borrowing USD we might see different price action. Those fees are set by the lenders, right? Or are you talking about something other than interest?
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JayJuanGee
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Activity: 3878
Merit: 11057
Self-Custody is a right. Say no to"Non-custodial"
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September 11, 2014, 07:26:26 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat? For some time, the current number has been 650k MTGOX coins "lost"... b/c recall that 200k were recovered. Yes, there remains considerable uncertainty about who holds those coins and when they got possession of them... whether it is the US Govt, or some central bank, or some common hacker thief, or Karpeles and friends, or just some random dude(s)... also, whether they are white hat or black hat and when did they get a hold of those coins.. could have been as early as 2011 when Gox was having some hacker attacks and could have been as late as late 2013 - if you go with Karpeles et. als. apparent and implausible version of events.
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mooncake
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September 11, 2014, 07:29:39 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat? I would be wary of exchanges. If you look at Stamp, for over a month, you see huge sell walls placed at intervals. And to withdraw that much of fiat, the exchange would require your identity and bank account. So, the key person to know why the huge btc quantity of sell limit order is the exchange owner. Many people are speculating why the market has been so bearish. If the bitcoin news websites are smart, they would bug the exchange owners for answers. Think about it, all we can see are just the orders and transactions. The exchange owners are able to see who are placing these orders and making these huge transactions.
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itod
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Activity: 1974
Merit: 1077
^ Will code for Bitcoins
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September 11, 2014, 07:41:38 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat? I would be wary of exchanges. If you look at Stamp, for over a month, you see huge sell walls placed at intervals. And to withdraw that much of fiat, the exchange would require your identity and bank account. So, the key person to know why the huge btc quantity of sell limit order is the exchange owner. Many people are speculating why the market has been so bearish. If the bitcoin news websites are smart, they would bug the exchange owners for answers. Think about it, all we can see are just the orders and transactions. The exchange owners are able to see who are placing these orders and making these huge transactions. For exchange owners to publicly reveal the identity of their customers would be a breach of TOS and probably illegal. Who would trust such an exchange? You can assume if somebody is dumping the MtGox "lost" coins he would have bigger worries than being doxed by the exchange. If you analyse in which way you would dump some of the 850K (-200K) of MtGox coins if they would be yours, one can come to conclusion it would happen exactly as it happening now. Try to keep the price as stable as you can, don't bring it down more than you have to. Disperse over several exchanges. Drop more on the good news. Take your time to analyse the buying patterns on the exchanges and adjust the selling patterns to their customers. Aren't that what we are seeing?
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Brewins
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Activity: 1120
Merit: 1000
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September 11, 2014, 07:43:28 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat? I would be wary of exchanges. If you look at Stamp, for over a month, you see huge sell walls placed at intervals. And to withdraw that much of fiat, the exchange would require your identity and bank account. So, the key person to know why the huge btc quantity of sell limit order is the exchange owner. Many people are speculating why the market has been so bearish. If the bitcoin news websites are smart, they would bug the exchange owners for answers. Think about it, all we can see are just the orders and transactions. The exchange owners are able to see who are placing these orders and making these huge transactions. The exchange owners are in the perfect position to make such manipulations. They have their own funds, and I think nothing stop them from doing such things. I would not be surprised if they are behind the recent moves.
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Hunyadi
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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September 11, 2014, 07:54:35 AM |
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Some entity is trying very hard to push the price down with the walls. Can someone answer why? Big players are not ready for a rally yet? There seems to be lots of buying pressure, but it seems bitcoin has to stay cheap
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mooncake
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September 11, 2014, 07:57:29 AM |
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I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat? I would be wary of exchanges. If you look at Stamp, for over a month, you see huge sell walls placed at intervals. And to withdraw that much of fiat, the exchange would require your identity and bank account. So, the key person to know why the huge btc quantity of sell limit order is the exchange owner. Many people are speculating why the market has been so bearish. If the bitcoin news websites are smart, they would bug the exchange owners for answers. Think about it, all we can see are just the orders and transactions. The exchange owners are able to see who are placing these orders and making these huge transactions. For exchange owners to publicly reveal the identity of their customers would be a breach of TOS and probably illegal. Who would trust such an exchange? You can assume if somebody is dumping the MtGox "lost" coins he would have bigger worries than being doxed by the exchange. If you analyse in which way you would dump some of the 850K (-200K) of MtGox coins if they would be yours, one can come to conclusion it would happen exactly as it happening now. Try to keep the price as stable as you can, don't bring it down more than you have to. Disperse over several exchanges. Drop more on the good news. Take your time to analyse the buying patterns on the exchanges and adjust the selling patterns to their customers. Aren't that what we are seeing? Consider the scenario a Coindesk reporter interviews the exchange owner. Instead of providing the identity of the seller, the owner can give a general description of the seller, for example, an individual, a payment processing company, a miner or a hedge fund. Then the community will be able to know what and who in general cause this bearish market. I agree it is not ethnical to reveal the seller identity but if many reporters bug them, chances are they are likely to drop some hints. I still do not think the hacker will sell in exchange. No way he will provide his identity.
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mooncake
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September 11, 2014, 07:58:28 AM |
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Some entity is trying very hard to push the price down with the walls. Can someone answer why? Big players are not ready for a rally yet? There seems to be lots of buying pressure, but it seems bitcoin has to stay cheap No one knows why except the exchange owners. Bug the bitcoin news website reporters to bug the exchange owners for answer.
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