kodtycoon
Legendary
Offline
Activity: 1568
Merit: 1002
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October 13, 2014, 11:16:24 PM |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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October 13, 2014, 11:26:38 PM |
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So.. nothing happens is the answer?
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heartastack
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October 13, 2014, 11:29:42 PM |
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Relevance to bitcoin wall observer?
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coins101
Legendary
Offline
Activity: 1456
Merit: 1000
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October 13, 2014, 11:31:03 PM |
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The West has left the Bitcoin price in a good place for today.
China, over to you. Don't fuck it up.
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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
Offline
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
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Activity: 1834
Merit: 1009
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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: 2324
Merit: 1802
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
Online
Activity: 4158
Merit: 4811
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
Offline
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
Offline
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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