ChartBuddy
Legendary
 Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 12, 2014, 04:01:00 PM |
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ShroomsKit
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October 12, 2014, 04:01:13 PM |
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What's happened to bitstamp?
Volume has flatlined.
You really have to ask? You people still don't get it? I'll explain again. After months and months of bear market we finally had the much needed uptrend. Many new buyers because of the media coverage. They were excited and started buying like crazy. But it only took them 2 days to figure out that every time they buy some asshole trader would dump right on them and take the price down. Their coins were already worth less within 24 hours. Other people obviously noticed this and said fuck it. No way i'm gonna buy and lose my money. So here we are. Back to bear market. I can't believe i had to explain that again. |
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Richy_T
Legendary
Offline
Activity: 2478
Merit: 2149
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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October 12, 2014, 04:02:26 PM |
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My thoughts are pretty bland: If they can do it without any repercussions, they probably do. That's why regulations exist.
To trick the unwary into a sense of false security while they do it anyway. |
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Wandererfromthenorth
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October 12, 2014, 04:07:00 PM |
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What's happened to bitstamp?
Volume has flatlined.
You really have to ask? You people still don't get it? I'll explain again. After months and months of bear market we finally had the much needed uptrend. Many new buyers because of the media coverage. They were excited and started buying like crazy. But it only took them 2 days to figure out that every time they buy some asshole trader would dump right on them and take the price down. Their coins were already worth less within 24 hours. Other people obviously noticed this and said fuck it. No way i'm gonna buy and lose my money. So here we are. Back to bear market. I can't believe i had to explain that again. This has to be one of the most naive posts I have seen here ever. |
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NotLambchop
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October 12, 2014, 04:10:41 PM |
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My thoughts are pretty bland: If they can do it without any repercussions, they probably do. That's why regulations exist.
To trick the unwary into a sense of false security while they do it anyway. Perhaps. I still prefer that such idiots are raped discreetly, not in the middle of my living room where I'm forced to watch. Just basic etiquette. |
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BBmmBB
Newbie
Offline
Activity: 56
Merit: 0
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October 12, 2014, 04:11:53 PM |
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^ What's bothering you, stereotype? You feel I'm giving folks here too much credit? Say it in words  What are your thoughts on exchanges using other peoples BTC to short the market? Unregulated and transparent are different things. One is honest. Yes stocks can be shorted the same way, except stocks are not generated every day (and can be effectively sold twice at market price due to shorting). This is the bullshit the whales are exploiting. Get your BTC (all of it) off of BitFinex and other exchanges that allow for this. Overall the sell pressure is probably much higher than even shorts + naked shorts typically generate in the stock market. i know bitcoin exchanges just turning BTC into another p&d stock! ...it seems  *watch!* lol |
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Feri22
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October 12, 2014, 04:12:47 PM |
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What's happened to bitstamp?
Volume has flatlined.
You really have to ask? You people still don't get it? I'll explain again. After months and months of bear market we finally had the much needed uptrend. Many new buyers because of the media coverage. They were excited and started buying like crazy. But it only took them 2 days to figure out that every time they buy some asshole trader would dump right on them and take the price down. Their coins were already worth less within 24 hours. Other people obviously noticed this and said fuck it. No way i'm gonna buy and lose my money. So here we are. Back to bear market. I can't believe i had to explain that again. You are way too negative man  try to enjoy those cheap coins, i am buying like crazy  |
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ShroomsKit
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October 12, 2014, 04:16:53 PM |
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Good morning Bitcoinland.
Went to bed just after the 3k bidwall was eaten wondering which way it would go. What a difference a week makes.
After the 30k askwall was eaten last week, the price rose sharply. Today I awake to see that the market has sloughed off last night's little drama like water off a duck's back and we're right back where we started before the wall was built.
Cautiously bullish.
I'Ve been saying this for days but everyone ignores it because they think people will just keep buying while they dump on them. And it doesn't even matter how often i keep repeating this. Traders will keep doing this till the market is completely dead. |
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ShroomsKit
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October 12, 2014, 04:17:23 PM |
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What's happened to bitstamp?
Volume has flatlined.
You really have to ask? You people still don't get it? I'll explain again. After months and months of bear market we finally had the much needed uptrend. Many new buyers because of the media coverage. They were excited and started buying like crazy. But it only took them 2 days to figure out that every time they buy some asshole trader would dump right on them and take the price down. Their coins were already worth less within 24 hours. Other people obviously noticed this and said fuck it. No way i'm gonna buy and lose my money. So here we are. Back to bear market. I can't believe i had to explain that again. You are way too negative man try to enjoy those cheap coins, i am buying like crazy Sure you are. |
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nicked
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October 12, 2014, 04:19:38 PM |
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The 1hr chart on Bitstamp seems quite rythmic for the last 3 days.
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NotLambchop
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October 12, 2014, 04:22:30 PM |
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...
I'Ve been saying this for days but everyone ignores it because they think people will just keep buying while they dump on them.
... Worked well thus far. Why wait to make $1k in a year, when you can make $50 every week? |
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JimboToronto
Legendary
Offline
Activity: 4060
Merit: 4608
You're never too old to think young.
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October 12, 2014, 04:25:26 PM |
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Traders will keep doing this till the market is completely dead.
Or they run out of bitcoins. |
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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October 12, 2014, 04:26:15 PM |
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1464XBT bought last Friday. Bitcoin holding at ATH
biggest purchase since april?  just to let u know... |
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BBmmBB
Newbie
Offline
Activity: 56
Merit: 0
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October 12, 2014, 04:27:54 PM |
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Traders will keep doing this till the market is completely dead.
Or they run out of bitcoins. chinese exchange will never run out as they print coins out of thin air ! ~ ponzi game ! =O |
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ShroomsKit
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October 12, 2014, 04:32:14 PM |
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...
I'Ve been saying this for days but everyone ignores it because they think people will just keep buying while they dump on them.
... Worked well thus far. Why wait to make $1k in a year, when you can make $50 every week? Most traders lose money and destroy Bitcoin in the process. Traders are Bitcoin's cancer. |
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JimboToronto
Legendary
Offline
Activity: 4060
Merit: 4608
You're never too old to think young.
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October 12, 2014, 04:35:20 PM |
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BBmmBB
Newbie
Offline
Activity: 56
Merit: 0
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October 12, 2014, 04:36:16 PM |
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...
I'Ve been saying this for days but everyone ignores it because they think people will just keep buying while they dump on them.
... Worked well thus far. Why wait to make $1k in a year, when you can make $50 every week? Most traders lose money and destroy Bitcoin in the process. Traders are Bitcoin's cancer. no one seemed to care when the "traders" help push the price over $1000 ! now all the sudden they evil ? lol =O |
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Wandererfromthenorth
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October 12, 2014, 04:40:37 PM |
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...
I'Ve been saying this for days but everyone ignores it because they think people will just keep buying while they dump on them.
... Worked well thus far. Why wait to make $1k in a year, when you can make $50 every week? Most traders lose money and destroy Bitcoin in the process. Traders are Bitcoin's cancer. no one seemed to care when the "traders" help push the price over $1000 ! now all the sudden they evil ? lol =O Just ignore that idiot and move on. |
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BBmmBB
Newbie
Offline
Activity: 56
Merit: 0
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October 12, 2014, 04:41:28 PM |
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"... Ponzi's original scheme was based on the arbitrage of international reply coupons for postage stamps..." ^"arbitrage" now doesn't this sound familiar? why wouldn't the usual suspects use every trick in the book? ~ especially in a new unregulated market? ...o rly? lol  |
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BBmmBB
Newbie
Offline
Activity: 56
Merit: 0
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October 12, 2014, 04:42:50 PM |
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...
I'Ve been saying this for days but everyone ignores it because they think people will just keep buying while they dump on them.
... Worked well thus far. Why wait to make $1k in a year, when you can make $50 every week? Most traders lose money and destroy Bitcoin in the process. Traders are Bitcoin's cancer. no one seemed to care when the "traders" help push the price over $1000 ! now all the sudden they evil ? lol =O Just ignore that idiot and move on. huh sounds like you are out of the loop! lmfao |
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