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Author Topic: Bitcoin is looking good..  (Read 6694 times)
VolanicEruptor (OP)
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September 18, 2013, 03:52:11 AM
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Jhantor
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September 18, 2013, 05:06:52 AM
 #2

Artificially kept high by Mtgox's insolvency.
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September 18, 2013, 07:16:50 AM
 #3

Cup n Handle like pattern is forming on the weekly, though it's not too strong (for the uninitiated http://www.investopedia.com/terms/c/cupandhandle.asp )

http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgSza1gSMAzm1g7za2gEMAzm2g14zxzi1gUOzi2gMACDzi3gRSIzi4gCCIzvzl

http://bitcoincharts.com/charts/mtgoxUSD#rg360zigWeeklyztgSza1gSMAzm1g7za2gEMAzm2g14zxzi1gUOzi2gMACDzi3gRSIzi4gCCIzvzl

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September 18, 2013, 05:36:14 PM
 #4

I see we're back to trading in a tight range with a quick glance at a short-term chart.  That's perfectly alright, and much better than heading downward.

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chufchuf
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September 19, 2013, 03:17:13 AM
 #5

Artificially kept high by Mtgox's insolvency.

It used to be artificially low because Pirateat40 was clowning about
notme
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September 19, 2013, 03:42:08 AM
 #6

Artificially kept high by Mtgox's insolvency.

It used to be artificially low because Pirateat40 was clowning about

And then it shot up Wink

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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September 19, 2013, 05:30:00 AM
 #7

Artificially kept high by Mtgox's insolvency.

It used to be artificially low because Pirateat40 was clowning about

Thats the turdbrain who got like 1/2 of the market price at that time, right? Man, If I had 40k bitcoin to play with.... I dream of the manipulative powers I'd have.

To start: Market sell to $135 backed by 10k wall xD
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September 19, 2013, 07:42:00 AM
 #8

Artificially kept high by Mtgox's insolvency.

It used to be artificially low because Pirateat40 was clowning about

Thats the turdbrain who got like 1/2 of the market price at that time, right? Man, If I had 40k bitcoin to play with.... I dream of the manipulative powers I'd have.

To start: Market sell to $135 backed by 10k wall xD

Are you sure you would be able to buy almost 15k BTC at average price around 130 back to have a tiny profit? Do you predict crash to $100 or lower in this kind of situation you described?
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September 19, 2013, 07:44:26 AM
 #9

Looks promising Smiley

"Es ist kein Zeichen geistiger Gesundheit, gut angepasst an eine kranke Gesellschaft zu sein."
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September 20, 2013, 06:02:06 AM
 #10

Artificially kept high by Mtgox's insolvency.

+1

It's comforting to see someone who knows what's up.

In Satoshi We Trust.
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September 23, 2013, 07:44:15 PM
 #11

please explain how mtgox insolvency effects the price of bitcoin on bitstamp



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Rainbot
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September 23, 2013, 07:46:29 PM
 #12

Delayed arbitrage.
notme
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September 23, 2013, 07:47:47 PM
 #13

please explain how mtgox insolvency effects the price of bitcoin on bitstamp

Negatively

https://www.bitcoin.org/bitcoin.pdf
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September 28, 2013, 07:10:13 AM
 #14

I think Bitcoin has always been looking good Wink
marcovaldo
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September 28, 2013, 12:13:28 PM
 #15

I think Bitcoin has always been looking good Wink

In 2013? Yes.
Before? No. Tongue

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September 28, 2013, 12:25:11 PM
 #16

Bitcoin was fine in 2012.

The lower exchange rate wasn't an issue. Pirateat40 was. Grin

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Professor James Moriarty
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September 28, 2013, 12:31:15 PM
 #17


 Wait till bitcoin gives birth and starts eating cupcakes every difficulty change and be b**chy about it , she will not look so good to you than.
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September 28, 2013, 02:40:39 PM
 #18

I think Bitcoin has always been looking good Wink

In 2013? Yes.
Before? No. Tongue

It was great since the day it came out.
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September 28, 2013, 02:52:38 PM
 #19

time to cover.
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September 28, 2013, 03:36:12 PM
 #20

time to cover.

Do you mean 'time to cover' because someone is going to dump a couple thousand coins, or you mean something else?

Sometimes, if it looks too bullish, it's actually bearish
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