Maria (OP)
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July 01, 2011, 01:21:33 AM |
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Trying to control the natural course of the market is a mistake. Let the demand and supply rule the game. If the price wants to drop to 1.00 USD, just let it be. Dont be scared.
Maria.
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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NO_SLAVE
Newbie
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Activity: 56
Merit: 0
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July 01, 2011, 01:24:15 AM |
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This from one rolling around in BTC. You my dear are a real libertine! what will be will be.
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Bit_Happy
Legendary
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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July 01, 2011, 01:25:19 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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July 01, 2011, 01:26:55 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
I think she's talking about MtGox being frozen.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Bit_Happy
Legendary
Offline
Activity: 2100
Merit: 1040
A Great Time to Start Something!
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July 01, 2011, 01:32:00 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
I think she's talking about MtGox being frozen. I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60? I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it. With a real buy order, the person expects the market will be falling to reach that price.... Many of the orders were clearly "fake", IMO.
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TraderTimm
Legendary
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Activity: 2408
Merit: 1121
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July 01, 2011, 01:38:11 AM |
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It's back.
Last: 16.25
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fortitudinem multis - catenum regit omnia
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TTBit
Legendary
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Activity: 1136
Merit: 1001
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July 01, 2011, 01:39:37 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
I think she's talking about MtGox being frozen. I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60? I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it. With a real buy order, the person expects the market will be falling to reach that price.... Many of the orders were clearly "fake", IMO. "fake" may be a bad term, perfectly OK by me to bid $16.25 for 10,000 BTC if you are just trying to show demand and sell at $16.85 or so. It's Ok to show offers if you don't want to sell, but rather buy a few pennies lower. However, if someone is bidding $16.25 for 10,000 when the market is $16.70, and have someone offer 20,000 at $16.25, that person bidding for 10,000 btc better eat them.
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good judgment comes from experience, and experience comes from bad judgment
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jackjack
Legendary
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Activity: 1176
Merit: 1233
May Bitcoin be touched by his Noodly Appendage
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July 01, 2011, 01:43:02 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
I think she's talking about MtGox being frozen. I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60? I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it. With a real buy order, the person expects the market will be falling to reach that price.... Many of the orders were clearly "fake", IMO. Agreed I demand delays between cancellation asks and cancellation applications
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Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2 Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
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kwukduck
Legendary
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Activity: 1937
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July 01, 2011, 01:43:47 AM |
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oh gosh... here we go again with the worthless topics....
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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July 01, 2011, 02:04:13 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
I think she's talking about MtGox being frozen. I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60? I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it. With a real buy order, the person expects the market will be falling to reach that price.... Many of the orders were clearly "fake", IMO. I've been talking about that for the past 2 days or so. It was obviously somebody trying to pull the market down.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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datguywhowanders
Member
Offline
Activity: 112
Merit: 10
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July 01, 2011, 02:05:52 AM |
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Are we sure that something didn't crash? Looking at the charts, it doesn't seem like the "halting" lasted very long.
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Donations Welcome: 163id7T8KZ6MevqT86DjrBF2kfCPrQsfZE
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stic.man
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July 01, 2011, 02:06:00 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
I think she's talking about MtGox being frozen. I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60? I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it. With a real buy order, the person expects the market will be falling to reach that price.... Many of the orders were clearly "fake", IMO. I've been talking about that for the past 2 days or so. It was obviously somebody trying to pull the market down. i thought the opposite
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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July 01, 2011, 02:11:38 AM |
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What? Are you talking about the fake demand, buy orders that got cancelled when the price fell near 16.60 and 16.50? A bot could be made to cancel those orders in time as long as the market is falling slow. The rapid sell-off happened just below 16.50, when the fake support was gone.
So, what were you talking about?
I think she's talking about MtGox being frozen. I don't think MtGox would do it, but did you see the buy orders get cancelled before the price hit ~$16.60? I saw one earlier, for over 1000BTC (Near) 16.75. It was canceled before the price reached it. With a real buy order, the person expects the market will be falling to reach that price.... Many of the orders were clearly "fake", IMO. I've been talking about that for the past 2 days or so. It was obviously somebody trying to pull the market down. i thought the opposite They were luring sellers into thinking there was liquidity and then moving/removing bids, which in effect frightened already scared sellers into selling even further into the bids for fear of larger drops, effectively lowering the price.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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swusc2
Sr. Member
Offline
Activity: 304
Merit: 250
Do your part for Bitcoin!
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July 01, 2011, 02:11:46 AM |
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"Don't let private businesses do what they want. Yeah! lets regulate MtGox."
Here is a solution. Go to another exchange.
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