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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372410 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
riiiiising
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October 13, 2014, 10:49:38 PM

What a shock, dumbasses are dumping again. Morons, if you would just hold instead of selling like sheep, we could be at an ATH by now.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Patel
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October 13, 2014, 10:50:05 PM

will probably not even get to 390...

you spoke too soon
Omikifuse
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October 13, 2014, 10:50:40 PM

395 on Stamp Sad

Pump is over.


Go back home.

Try to rebuy your children and wife you sold because you thought bitcoin would goes to moon today.
Blazin604
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October 13, 2014, 10:50:52 PM

why are they selling
BlindMayorBitcorn
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October 13, 2014, 10:52:38 PM

395 on Stamp Sad

Pump is over.


Go back home.

Try to rebuy your children and wife you sold because you thought bitcoin would goes to moon today.

I'd never sell my children for bitcoins..
JimboToronto
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October 13, 2014, 10:53:04 PM

why are they selling

profit taking?
ShroomsKit
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October 13, 2014, 10:53:25 PM

why are they selling

Because the price of their coins going up is a horrible, horrible thing.
razorramon
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October 13, 2014, 10:53:54 PM

will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway
thefunkybits
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October 13, 2014, 10:54:51 PM

why are they selling

Because the price of their coins going up is a horrible, horrible thing.


Heavy resistance at these levels...but I could see this rally taking us to 420-450

JimboToronto
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October 13, 2014, 10:55:14 PM

395 on Stamp Sad

Pump is over.


Go back home.

Try to rebuy your children and wife you sold because you thought bitcoin would goes to moon today.

LOL

Rocky X
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October 13, 2014, 10:55:39 PM

We passed 400 finally. I'm expecting uptrend for short term.
BlindMayorBitcorn
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October 13, 2014, 10:55:49 PM

will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway

Does leveraged short mean the exchanges are lending them money??
heartastack
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October 13, 2014, 10:59:11 PM

will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway

Does leveraged short mean the exchanges are lending them money??

In a way. It means that the exchange gives them bitcoins e.g. give the exchange 1 bitcoin and they give you 10 (or 20 or 50, depending how much leverage you have).
They then dump these coins straight onto the market and try to rebuy cheaper. When they re-buy they can sell back to the exchange and pocket the difference.
There was a lot of money being made doing this all the way down from $600.

Now the price is going back up and the shorts forgot to buy back in. They are now being forced to buy back in but some brave souls are trying to dump more to stop the rise. Shit's getting real. Let's hope the exchange didn't get greedy either and lend more than they can get back!

This is the true meaning of sharks
criptix
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October 13, 2014, 10:59:31 PM

will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway

Does leveraged short mean the exchanges are lending them money??

they lend bitcoins to short Smiley
BlindMayorBitcorn
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October 13, 2014, 11:00:15 PM

will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway

Does leveraged short mean the exchanges are lending them money??

they lend bitcoins to short Smiley

Ohhhh. Well there is the problem right there isn't it Angry
ChartBuddy
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October 13, 2014, 11:00:56 PM


Explanation
Blazin604
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October 13, 2014, 11:01:44 PM

another track we just released couple days ago.... http://youtu.be/XjWOyiQEHyQ?list=PLGw-hF2Hv2cuPI8Oae0N2zP2zB5EXlngi
bassclef
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October 13, 2014, 11:03:04 PM

will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway

Does leveraged short mean the exchanges are lending them money??

they lend bitcoins to short Smiley

Technically they are lending other people's bitcoins, and the lenders are making interest.
janos666
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October 13, 2014, 11:04:25 PM

will probably not even get to 390...

you spoke too soon

i didn't expect someone to leverage short 750 coins right now...lol

but it's fine...we'll be up anyway

Does leveraged short mean the exchanges are lending them money??

they lend bitcoins to short Smiley

Ohhhh. Well there is the problem right there isn't it Angry

It works the other way as well. They can lend you $ to buy more BTC than you could afford. You might even buy more BTC by keeping some BTC there, effectively harvesting more BTC on a way up (like now - well, at least up to 400 an who knows from here...) thus you might end up with BTC + extra $ or even BTC + BTC (you can automatically buy BTC for the $ you earned).
inca
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October 13, 2014, 11:04:55 PM

Time to reel some more shorts in before the next pump. Smiley
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