fcmatt (OP)
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September 15, 2011, 06:53:01 PM |
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Dropped the price nicely.
bitcoinica users probably just crapped their pants. it is movement like that which will cause a liquidation of their orders.
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wobber
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September 15, 2011, 06:59:27 PM |
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why is that?
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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adamstgBit
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Trusted Bitcoiner
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September 15, 2011, 06:59:43 PM |
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Dropped the price nicely.
bitcoinica users probably just crapped their pants. it is movement like that which will cause a liquidation of their orders.
well this if they were betting it was going to go back up. with bitcoinica people can make money weather bitcoin goes up or down, Right??
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Isepick
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September 15, 2011, 07:00:06 PM |
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I wonder if it wasn't a Bitcoinica user that was short a lot of bitcoins...
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fcmatt (OP)
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September 15, 2011, 07:00:35 PM |
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Dropped the price nicely.
bitcoinica users probably just crapped their pants. it is movement like that which will cause a liquidation of their orders.
well this if they were betting it was going to go back up. with bitcoinica people can make money weather bitcoin goes up or down, Right?? You are right. I should have said people who went long instead of shorting btc. So lets say some Bitcoinica users probably just crapped their pants depending on where they bought at.
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coined
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September 15, 2011, 07:00:52 PM |
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I don't mind seeing 4 tested again sooner rather than later, it's the day's of stagnation that get on my nerves I would have preferred steady selling into 4's though( to really test it), this will just rattle the market.
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Piper67
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September 15, 2011, 07:01:33 PM |
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Even thinking of going long or short in a market that can be manipulated by around 30,000 USD is a pretty dumb idea.
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fcmatt (OP)
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September 15, 2011, 07:05:09 PM |
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That didn't suck, that was awesome! Wish I had orders at that rate!
I bought some BTC at 5.10-5.20ish last night i was sitting on and knew I should have sold them when the price failed to break above 5.30. But since it was a small amount of money I decided to let it ride. I should have sold and had a nice opportunity to buy in at 4.50ish if I desired. For others I guess it did not suck ;-) But once again this really does show how some people out there do not give a **** when it comes to selling or buying. They just dump/buy all at once and can nail the market in a significant percentage way.
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JBDive
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September 15, 2011, 07:06:01 PM |
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That didn't suck, that was awesome! Wish I had orders at that rate!
Time will tell but I had a buy order in at 4.55 so I may have just caught bottom on that drop. Now let's run back to 6 please.
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tvbcof
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September 15, 2011, 07:07:16 PM |
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... So lets say some Bitcoinica users probably just crapped their pants depending on where they bought at.
The under capitalized ones at least. Hopefully some of these (if there are any) will man up and post so we not-yet-bitcoinica guys can get some lulz.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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Isepick
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September 15, 2011, 07:08:34 PM |
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Someone trying to get in ahead of the 'weekend dip'? If this sets the tone for this weekend, its gonna be a hell of a ride.
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johnj
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September 15, 2011, 07:09:19 PM |
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Was it a sell? Or was it just orders being cancelled?
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1AeW7QK59HvEJwiyMztFH1ubWPSLLKx5ym TradeHill Referral TH-R120549
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Piper67
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September 15, 2011, 07:10:24 PM |
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Was it a sell? Or was it just orders being cancelled?
It was definitely a sell.
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bitcoinTrader
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September 15, 2011, 07:12:05 PM |
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My orders were filled. Felt real good Thu 15 Sep 2011 07:02:08 PM GMT Spent BTC bought: [tid:1316113328007028] 4.97753560 BTC at $4.80000 Thu 15 Sep 2011 07:02:07 PM GMT Spent BTC bought: [tid:1316113327983450] 0.02246440 BTC at $4.79900 Thu 15 Sep 2011 06:47:55 PM GMT Spent BTC bought: [tid:1316112475375471] 5.00000000 BTC at $4.51235 Thu 15 Sep 2011 06:47:46 PM GMT Spent BTC bought: [tid:1316112466871540] 8.00000000 BTC at $4.71235 Thu 15 Sep 2011 06:47:46 PM GMT Spent BTC bought: [tid:1316112466783138] 20.00000000 BTC at $4.73211 Thu 15 Sep 2011 06:47:46 PM GMT Spent BTC bought: [tid:1316112466432796] 150.00000000 BTC at $4.76231 150 BTC order I placed just today.. didnt expect it to be filled so fast
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ElectricMucus
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Marketing manager - GO MP
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September 15, 2011, 07:12:42 PM |
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Apparently I bought some. Should bounce pretty quick now. lalala
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Jixtreme
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September 15, 2011, 07:20:47 PM |
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Yeah, that blew through my outstanding buys at $5........ Fingers are crossed for a rally!
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fcmatt (OP)
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September 15, 2011, 07:33:51 PM |
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I find it interesting how the sell wall just moves right on down. Why those "sellers" did not want out above 5.10... all of a sudden think 4.90 is a great price to sell at is beyond me. Just bots i suppose?
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Minsc
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September 15, 2011, 07:37:13 PM |
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It's panic selling, matt.
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1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
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fcmatt (OP)
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September 15, 2011, 07:38:53 PM |
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It's panic selling, matt.
panic selling is when you let it go at any price. Not tease buyers by putting it right above the current bid by a nickel or dime.
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Jixtreme
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September 15, 2011, 07:41:39 PM |
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It's panic selling, matt.
No it's not, bear-troll.
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