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vuduchyld
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October 13, 2014, 11:31:54 PM |
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Personally, I believe that bitcoin is NOT going to win in the short-term merely on it's payment system and low costs (though in the long run, bitcoin will provide a lot of competition regarding costs), and more savvy persons (like you and me and several other bullish-oriented posters in this thread) are going to realize that bitcoin holds much more value (than centralized systems, such as apple pay) because of its decentrailzation, flexibility and its store of value and we are NOT (hopefully) going to get distracted by mere ease of use framings... even though many of us alsolikely wished that BTC were easier to use in a variety of ways (yet we understand that ease of use will likely improve with time).
Totally agree |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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October 13, 2014, 11:34:03 PM |
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Personally, I believe that bitcoin is NOT going to win in the short-term merely on it's payment system and low costs (though in the long run, bitcoin will provide a lot of competition regarding costs), and more savvy persons (like you and me and several other bullish-oriented posters in this thread) are going to realize that bitcoin holds much more value (than centralized systems, such as apple pay) because of its decentrailzation, flexibility and its store of value and we are NOT (hopefully) going to get distracted by mere ease of use framings... even though many of us alsolikely wished that BTC were easier to use in a variety of ways (yet we understand that ease of use will likely improve with time).
Totally agree He's good at the analysis |
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Omikifuse
Legendary
Offline
Activity: 1876
Merit: 1009
Inactive account
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October 13, 2014, 11:36:36 PM |
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Relevance to bitcoin wall observer? It is the same guy that crashed the price to 102 on btc-e. |
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ShroomsKit
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October 13, 2014, 11:37:39 PM |
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This market is broken.
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BrewCrewFan
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October 13, 2014, 11:40:50 PM |
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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 I just learned what a short was last night, and to be honest, thats one hell of a risk if you ask me. |
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uhoh
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October 13, 2014, 11:55:25 PM |
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2365
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2014, 12:01:01 AM |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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October 14, 2014, 12:01:36 AM |
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+$40 in about 40 hours.
Most impressive! But, time for a cooldown most likely.
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JimboToronto
Legendary
Offline
Activity: 4494
Merit: 5813
You're never too old to think young.
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October 14, 2014, 12:04:32 AM |
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+$40 in about 40 hours.
Most impressive! But, time for a cooldown most likely.
Indeed. Hopefully not for too long though. |
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touhonoob
Newbie
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Activity: 42
Merit: 0
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October 14, 2014, 12:08:17 AM |
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+$40 in about 40 hours.
Most impressive! But, time for a cooldown most likely.
exponential growth incoming  |
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hyphymikey
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October 14, 2014, 12:12:03 AM |
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I have no clue why anyone would sell right now.
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BBmmBB
Newbie
Offline
Activity: 56
Merit: 0
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October 14, 2014, 12:12:33 AM |
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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 I just learned what a short was last night, and to be honest, thats one hell of a risk if you ask me. now look up NAKED shorting ...  ~ zero risk!! |
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touhonoob
Newbie
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Activity: 42
Merit: 0
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October 14, 2014, 12:14:40 AM |
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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October 14, 2014, 12:20:27 AM |
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395 on Stamp  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.. Agree. but let them go hungry a few months... |
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edwardspitz
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October 14, 2014, 12:25:28 AM |
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Nope, that is a seahorse. Not valid TA. |
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XxionxX
Sr. Member
Offline
Activity: 254
Merit: 250
Digital money you say?
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October 14, 2014, 12:26:31 AM |
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So when do we break 460?  |
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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October 14, 2014, 12:31:23 AM |
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downtrend at 4h chart broken. Will we race towards 479.13 USD? Would be VERY VERY bullish !!!!!  |
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BrewCrewFan
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October 14, 2014, 12:31:34 AM |
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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 I just learned what a short was last night, and to be honest, thats one hell of a risk if you ask me. now look up NAKED shorting ... ~ zero risk!! OoooOOO.... now "if" BTC becomes ligit ( more or less regulated ) I could see the end to that real fast. You think that is going on? I am sure it is... |
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edwardspitz
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October 14, 2014, 12:35:43 AM |
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Nope, that is a seahorse. Not valid TA. Nope, can clearly see its a dead seahorse. Where's that roundy chart from a few days back? That was damn good TA. I think that was on page 9xxx  How can you tell it is dead? |
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