bzzard
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September 24, 2014, 08:28:30 PM |
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Well, this is awkward...
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 24, 2014, 08:31:51 PM |
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all eyes on BTCChina
look at the ask wall, and concentrated on its destruction.
mind over wall.
it works.
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jeezy
Legendary
Offline
Activity: 1237
Merit: 1010
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September 24, 2014, 08:36:42 PM |
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Dat stamp 420 wall.
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MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
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September 24, 2014, 08:53:56 PM |
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all eyes on BTCChina
look at the ask wall, and concentrated on its destruction.
mind over wall.
it works.
What the heck we are standing here because of one non-leader chinese exchange with < 1k wall?
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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September 24, 2014, 08:54:47 PM |
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Guys, my clue is pointing down. Dumpers be like:
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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September 24, 2014, 08:56:31 PM |
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Ripple is the US banking system's attempt to avoid being destroyed by Bitcoin. They think that if they make USD transactions easier then they'll be able to avoid losing the USD as a unit of account. Note that Ripple's consensus system is a closed, invite-only network. Exactly what you'd want if you were trying to preserve a banking cartel's position in the world. Even if you do NOT agree with Ripple's goals and objectives, would it NOT be a good investment, based on the rationale that you lay out, above. Let's say that various status quo banking, financial and government systems buy-into Ripple to attempt to preserve whatever status quo situation that they enjoy, then wouldn't we want to jump on board and profit from that, even if we do NOT agree ideologically and even if the bandaid solution of Ripple may NOT be long term ... but profit, while we can from such in investing into Ripple for the next 2-4 years or something like that? I am NOT talking any book because at the moment, I own NO ripple at all.... and actually I am disinclined to invest anything into ripple because it seems to be too much of a potential scam.. Ripple is not a good investment because a single private entity owns vastly more XRP than are in circulation and can squash the price at their discretion.
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ChartBuddy
Legendary
Offline
Activity: 2296
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 24, 2014, 09:01:22 PM |
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bzzard
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September 24, 2014, 09:03:29 PM |
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all eyes on BTCChina
look at the ask wall, and concentrated on its destruction.
mind over wall.
it works.
What the heck we are standing here because of one non-leader chinese exchange with < 1k wall? Hummm check out first place (there's no finex for some reason but still): http://bitcoincharts.com/markets/BTCChina for some reason have usually low OB depth but still have big volume.
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criptix
Legendary
Offline
Activity: 2464
Merit: 1145
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September 24, 2014, 09:03:53 PM |
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it looks like the ask side got raped hard and the bid side is getting stronger and stronger sad bears must be sad
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Dragonkiller
Sr. Member
Offline
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
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September 24, 2014, 09:04:02 PM |
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Ripple is the US banking system's attempt to avoid being destroyed by Bitcoin. They think that if they make USD transactions easier then they'll be able to avoid losing the USD as a unit of account. Note that Ripple's consensus system is a closed, invite-only network. Exactly what you'd want if you were trying to preserve a banking cartel's position in the world. Even if you do NOT agree with Ripple's goals and objectives, would it NOT be a good investment, based on the rationale that you lay out, above. Let's say that various status quo banking, financial and government systems buy-into Ripple to attempt to preserve whatever status quo situation that they enjoy, then wouldn't we want to jump on board and profit from that, even if we do NOT agree ideologically and even if the bandaid solution of Ripple may NOT be long term ... but profit, while we can from such in investing into Ripple for the next 2-4 years or something like that? I am NOT talking any book because at the moment, I own NO ripple at all.... and actually I am disinclined to invest anything into ripple because it seems to be too much of a potential scam.. Ripple is not a good investment because a single private entity owns vastly more XRP than are in circulation and can squash the price at their discretion. so can satoshi and a handful of others
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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September 24, 2014, 09:12:02 PM |
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Ripple is the US banking system's attempt to avoid being destroyed by Bitcoin. They think that if they make USD transactions easier then they'll be able to avoid losing the USD as a unit of account. Note that Ripple's consensus system is a closed, invite-only network. Exactly what you'd want if you were trying to preserve a banking cartel's position in the world. Even if you do NOT agree with Ripple's goals and objectives, would it NOT be a good investment, based on the rationale that you lay out, above. Let's say that various status quo banking, financial and government systems buy-into Ripple to attempt to preserve whatever status quo situation that they enjoy, then wouldn't we want to jump on board and profit from that, even if we do NOT agree ideologically and even if the bandaid solution of Ripple may NOT be long term ... but profit, while we can from such in investing into Ripple for the next 2-4 years or something like that? I am NOT talking any book because at the moment, I own NO ripple at all.... and actually I am disinclined to invest anything into ripple because it seems to be too much of a potential scam.. Ripple is not a good investment because a single private entity owns vastly more XRP than are in circulation and can squash the price at their discretion. so can satoshi and a handful of others You're talking more coins than are in circulation vs. 10% of what is in circulation. Big difference.
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AirFlame
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September 24, 2014, 09:15:48 PM |
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Guys, my clue is pointing down. Dumpers be like: Ok this image make my day hahahahha. I hope the price will go up from now
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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September 24, 2014, 09:24:53 PM |
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Well we should hopefully start to drift upwards. Just need a little prod. If we can get above and hold 450 then bears will start to sweat! Doubt is already percolating through
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ShroomsKit
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September 24, 2014, 09:37:05 PM |
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That bid wall on Stamp is constantly changing. Is that Bitcoinity lag or someone pushing the place bid/remove bid button all the time?
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ShroomsKit
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September 24, 2014, 09:39:09 PM |
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Aaaaand dumping time.
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bzzard
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September 24, 2014, 09:40:02 PM |
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That bid wall on Stamp is constantly changing. Is that Bitcoinity lag or someone pushing the place bid/remove bid button all the time?
It's whales trick to get attention (sign of desperation but sometimes works )
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btcney
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September 24, 2014, 09:44:09 PM |
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Aaaaand dumping time.
You mean cheap coins time.
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EuroTrash
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September 24, 2014, 09:45:55 PM |
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Mmmm Simply no buy pressure
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ShroomsKit
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September 24, 2014, 09:47:15 PM |
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Mmmm Simply no buy pressure Nope, not even with that big bid wall
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EuroTrash
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September 24, 2014, 09:51:11 PM |
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Mmmm Simply no buy pressure Nope, not even with that big bid wall Walls are contrarian indicators
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